Crypto News Sentiment

Updated: 1 month and 4 days ago

Crypto surges on upgrades and predictions of 20x market expansion, but stablecoin impact lags. Conversely, Ethereum faces correction, Bitcoin struggles to break out, and some digital asset treasuries suffer significant losses.
Positive news

LUNC Price Surges as Terra Luna Classic Begins Voting on Major Upgrade

LUNC's price has risen over 20% following the start of voting on a significant network upgrade aimed at enhancing security, performance, and compatibility.

Stablecoin Issuance Fails to Boost Crypto Market

Increased stablecoin issuance is not translating into stronger cryptocurrency market performance, contrary to expectations.

Bitwise CIO Forecasts 20x Crypto Market Expansion

Bitwise CIO Matt Hougan predicts the cryptocurrency market could expand twentyfold over the next decade.

U.S. Advances Cryptocurrency Regulations with Pilot Program

The CFTC introduces a pilot program for cryptocurrencies, marking a significant milestone in regulatory innovation in the U.S.

OKX Airdrops NIGHT Tokens to Major Crypto Holders

OKX confirms support for a coordinated airdrop of NIGHT tokens to holders of ADA, BTC, SOL, and XRP.

Strategy CEO Announces No Plans to Sell Bitcoin Until 2065

Strategy CEO Phong Le assures the company will hold onto its Bitcoin until at least 2065, putting an end to sale rumors.

Cardano Price Prediction: Will ADA Hit $2 by 2030?

Investors are questioning whether Cardano's ADA price will reach the $2 mark by 2030 as the cryptocurrency establishes itself.

Shiba Inu Whales Activity Reaches 6-Month High

Shiba Inu experiences its most intense large-holder activity in six months, raising questions about potential market volatility.

Terra Luna 2.0 Price Prediction: Can It Recover to $1 by 2025?

LUNA 2.0 aims to recover from the 2022 collapse, with predictions on whether it can achieve a remarkable $1 recovery by 2025.

Polygon Implements Madhugiri Hard Fork for Enhanced Efficiency

Polygon successfully implements the Madhugiri hard fork, boosting network efficiency by 33% to enhance its position as an Ethereum scaling solution.

CFTC Authorizes Bitcoin, Ethereum, USDC for US Derivatives Markets

The CFTC allows Futures Commission Merchants to accept Bitcoin, Ethereum, and USDC as margin in a digital assets pilot program.

BMW Uses JPMorgan's Kinexys Network for First Onchain FX Payment

BMW completes its first onchain programmable foreign exchange payment using JPMorgan's Kinexys Digital Payments network.

Horizen Migr

Negative news

Ethereum Faces Looming Correction

Technical and on-chain indicators suggest a bearish outlook for Ethereum (ETH). An inverted cup-and-handle pattern points to potential downward movement.

Bitcoin Fails to Break Out Again

Despite initial signs of recovery, Bitcoin (BTC) has again failed to break out of its downtrend since October, raising questions about whether this is just a temporary setback or a precursor to a major breakdown.

USD Positioning Slightly Short

Bank of America reports that markets have turned slightly short the US dollar, indicating a possible shift in currency dynamics heading into the end of the year.

Digital Asset Treasuries Suffer Losses

Digital Asset Treasuries (DAT) have seen an average loss of 43% year-to-date, reflecting the broader crypto market downturn and its impact on corporate holdings.

Bithumb Suspends STRK Trading

Bithumb announces a temporary suspension of Starknet (STRK) trading due to a network upgrade, affecting user activities starting December 9th at 12:00 UTC.

STABLE Token Plummets

STABLE tokens have dropped to an all-time low of $0.015, marking a 70% decline since their token generation event, despite the main net launch.

ZEC, CC, FLOKI, and LUNC Gain

Zcash (ZEC), Chia (CC), FLOKI, and LUNC have shown strong gains, outperforming the broader market as it consolidates.

Zcash Price Prediction

Zcash (ZEC) faces a potential 60% breakdown if key support fails, as indicated by price prediction charts showing a weak setup and a bear flag pattern forming.

Bitcoin ETFs Impact Binance

Retail Bitcoin (BTC) deposits into Binance have hit a record low, signaling a shift away from the exchange amid rising ETFs.

Massive ADA Dump on Binance

Cardano (ADA) whales have sold a significant amount of the token on Binance within minutes, indicating a major sell-off event.

Bitcoin Price Stagnation

Standard Chartered attributes Bitcoin’s price stagnation to the disappearance of a major buyer, shedding light on the forces behind the recent market lull.

Critical BTC Movement

Bitcoin (BTC) remains around $90,000 as market activity unfolds, with the U.S. market opening approaching.

Pi Network Price Potential

Pi Network (PI) could surge by up to 15%, but caution

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