Crypto News Sentiment
Updated: 1 month ago
Bitmine’s Bold Bet: Nasdaq-listed investment firm Bitmine purchased $46 million worth of Ethereum, signaling strong institutional confidence in the cryptocurrency.
AAVE Jumps After Fed Cut: AAVE saw a 9% increase following the Federal Reserve's interest rate cut, driven by leverage expansion and expectations for future growth.
TRM Labs Highlights Venezuela’s Crypto Adoption: TRM Labs reports that organic crypto adoption in Venezuela exceeds illicit activity, driven by stablecoins amidst economic instability.
Ripple Powers European Banking Innovation: AMINA Bank becomes the first European bank to use Ripple’s technology for near-instant cross-border payments.
SUI Project Gains Institutional Demand: SUI’s value surges due to strong accumulation and inclusion in the Bitwise 10 Crypto Index ETF.
XRP Faces Key Resistance: XRP trades above $2.00 but faces significant resistance at $2.20; breaking through could target $3.00, while failing might see a drop to $1.20.
BNB Chain Reaches 2.4 Million Daily Users: Binance CEO CZ reveals that BNB Chain has 2.4 million daily users, highlighting its popularity among Layer-2 networks.
Why Is the Crypto Market Down as Bitcoin Price Dips to $90,000? Bitcoin's price dropped back to $90,000, affecting the broader crypto market. This movement, though not historically significant, caused a cautious reaction and led to declines in other major cryptocurrencies.
ZeroBase Front-End Hacked, Over 270 Users Lose USDT Decentralized zero-knowledge proving network ZeroBase faced a hack that resulted in the loss of over 270 users' funds, totaling approximately $240,000 in USDT.
47 Ronin Director Convicted of Wire Fraud Director Carl Erik Rinsch of the film 47 Ronin has been convicted of wire fraud and money laundering, marking a significant legal development in his career.
XRP Price Risks Falling to $1.2 as Ripple Whales Dump 280M Coins A sharp decline in XRP's price below $2 is raising concerns about its future. Experts predict further corrections, particularly following the sale of 280 million XRP coins by large holders.
