Crypto News Sentiment

Updated: 1 month and 8 days ago

XRP shows NVIDIA-like potential, SUI gains SEC approval, and Lamborghini embraces Bitcoin! However, Bitcoin's correlation with Nasdaq persists, Meta cuts metaverse budget, and PEPE's website was hacked with malicious code.
Positive news

XRP Compared to NVIDIA in 2000

A crypto market analyst has likened buying XRP today to purchasing NVIDIA shares in 2000 at $0.35, emphasizing the long-term potential and the importance of holding (HODLing).

Bitcoin’s Recent Correction Analysis

Alphractal, a cryptocurrency analysis firm, warns that the recent drop in Bitcoin was unlike any previous correction and reveals their expectations for the future.

Solana Reaches Key Support Level

Solana has surged to $146.50, holding key support as traders look towards the $152-$157 resistance zone.

Kalshi Secures Landmark CNBC Partnership

Kalshi, a prediction market, has partnered with CNBC, marking a significant shift in financial media by integrating real-time, crowd-sourced market sentiment.

Top AI Altcoins Focused By Crypto Developers

A list of the top AI-themed altcoins that have garnered the most focus from crypto developers in the last 30 days has been revealed.

SUI Gains Attention with SEC Approval

SUI has soared as the SEC approves the first 2x leveraged SUI ETF, and network transactions have risen 28.2%.

XRP Price Outlook for 2026

CEO Brad Garlinghouse predicts 2026 could be the most bullish year for crypto, with XRP potentially reaching $2.75.

Lamborghini Launches Bitcoin Wallet

Lamborghini has introduced a branded Bitcoin wallet, coinciding with a classic bottom signal appearing on BTC's weekly chart.

CFTC Approves Spot Crypto Trading

The CFTC has given the green light to spot crypto trading on U.S. exchanges, extending futures-style safeguards and federal oversight.

Fanatics Enters Web3 with Crypto.com

Fanatics and Crypto.com have launched Fanatics Markets, a regulated prediction platform, expanding into crypto, stocks, and more.

US Think Tank Warns About Bitcoin

Rebecca Patterson, an expert analyst, warns about an upcoming event that could significantly impact Bitcoin's fate.

XRP On-Chain Velocity Hits Yearly High

XRP has reclaimed the $2.10 level, signaling renewed confidence and potential for a sustained recovery as momentum returns.

JPMorgan Releases Bullish BTC Forecast

Despite CEO Jamie Dimon's criticism, JPMorgan's analysts predict a bullish outlook for Bitcoin, with a critical date also announced.

Bitcoin Rises Above

Negative news

Bitcoin’s Negative Correlation With Nasdaq Persists

Historical data indicates that bitcoin often reaches a bottom when its correlation with the Nasdaq 100 weakens, a phenomenon occurring for the fourth time in five years.

Major Firms Now Allow Bitcoin, Yet Compliance Issues Persist

Vanguard recently reversed its stance, allowing access to third-party crypto ETFs and mutual funds linked to Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL), but still avoids launching its own crypto funds or engaging with meme coins.

Meta Considers Cutting Metaverse Budget by 30%

Meta is evaluating a significant budget reduction for its metaverse initiatives, focusing instead on artificial intelligence and hardware development, amid broader market analysis.

Security Flaw Found in MediaTek Dimensity Chips

Ledger’s Donjon team discovered a security vulnerability in the MediaTek Dimensity 7300 chip, impacting Web3 wallets on Android devices.

Bitcoin Price Falls Below Key Support Level

Bitcoin’s price has plummeted, breaking below the critical $91,000 support level, leading to concerns among investors about the market’s trajectory.

Long-Sleeping Wallets Move Large Amounts of Bitcoin

During November’s market downturn, a significant amount of long-unused Bitcoin was transferred, with coins first acquired in 2016 being the most active.

Gemini Provides Custody for VanEck’s Solana ETF

Gemini secured custody for VanEck’s Solana ETF, enhancing regulated crypto investment options as the Solana token approaches key resistance levels.

PEPE Website Hacked by Malicious Code

The PEPE website was compromised with Inferno drainer code, posing a security risk to users; a security advisory was issued by Blockaid.

Bitwise CIO Rejects Sell-Narrative for Bitcoin Holdings

Bitwise’s Chief Investment Officer Matt Hougan disputes claims that the firm must sell its Bitcoin holdings, arguing that no index changes or market pressures compel such actions.

Altcoins TAO, ZEC, and CRV See Price Gains

On December 4th, the cryptocurrency market witnessed price increases in TAO, ZEC, and CRV, contributing to a rise in the total market cap to $3.1 trillion.

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