Crypto News Sentiment
Updated: 11 hours ago
Grayscale Sees Tokenized Assets Growing by 1,000x
Tokenized assets are projected to expand 1,000-fold by 2030, becoming a core part of global capital markets due to accelerating institutional adoption.
Solo Bitcoin Miner Earns Staggering 3.128 BTC
A solo Bitcoin miner successfully mined block 928,985, earning a record-breaking reward of 3.128 BTC, valued at approximately $281,000.
Bitcoin Price Holds Firm, Upside Extension Expected
Bitcoin is recovering above $88,000, with potential for further gains if it consolidates above the $89,100 zone.
Bitmain Wallets Withdraw $88.2 Million in Ethereum
Two Bitmain-linked wallets withdrew 29,463 ETH, valued at about $88.2 million, marking a significant move in the crypto community.
Kakao Plans Dominant KRW Stablecoin Ecosystem
Kakao, South Korea’s internet giant, aims to build a comprehensive KRW stablecoin ecosystem to enhance digital payments and investments.
Spot Silver Surges to Near $70
Spot silver hit a historic high near $70 per ounce, signaling a major shift in the precious metals market.
Dunamu Secures VASP License Renewal for Upbit
Dunamu successfully renewed its VASP license for Upbit, ensuring secure and compliant operations for the exchange.
Kuaishou Fends Off Cyberattack
Kuaishou restored its livestreaming functionality following a cyberattack, with other services remaining unaffected.
Circle Files for Trademarks in South Korea
Circle, behind USDC, has filed for trademarks in South Korea, signaling strategic moves to dominate the stablecoin market.
Asia FX Gains Momentum as Dollar Weakens
Asian currencies, including the yen, are strengthening against the weakening US dollar ahead of critical economic data releases.
New Crypto Tax Proposal: Stablecoin Safe Harbor
Rep. Max Miller and Steven Horsford propose a tax framework to provide clarity and a safe harbor for stablecoin transactions.
Aave's Fundamentals Diverge from Price Action Aave's underlying fundamentals remain strong despite a recent 10% drop in its token price, highlighting a divergence between market sentiment and intrinsic value.
Whale Deposit 16.85M ENA to Coinbase, Faces $15.02M Deficit An anonymous crypto whale deposited 16.85 million ENA tokens on Coinbase, resulting in a significant financial loss, illustrating the high risks and volatility in the cryptocurrency market.
South Korean Crypto Market Experiences 60% Trading Volume Drop Trading volumes on South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, have plummeted by 60% in December, signaling a potential cooling off period in the market.
Crypto Futures Liquidations Reach $144 Million in 24 Hours A sharp wave of crypto futures liquidations occurred across major digital assets, totaling $144 million in a single day, emphasizing the volatility and risk in leveraged trading.
US Spot ETH ETFs See $84.59M Net Inflow, Ending 7-Day Outflow Trend U.S. spot Ethereum ETFs experienced a $84.59 million net inflow, reversing a week-long outflow trend, indicating renewed interest from institutional investors.
Bitcoin Bounce May Be Designed to Hinder Bulls Recent Bitcoin price movements suggest a strategic rebound aimed at luring bulls into a trap, potentially setting the stage for a more severe downturn.
XRP Price Correction Below $1.90 XRP’s price is correcting gains and trading below $1.90, reflecting seller dominance and a potential bearish trend.
XRP Struggles Near $1.90 with Mixed Technical Signals XRP’s price remains within a tight range, showing indecision and potential for further downward movement if support levels are breached.
Dogecoin Breaks Short-Term Support, Targets Lower Demand Zone Dogecoin’s trading volume surged, indicating active repositioning rather than a weak price movement, as it moves towards lower demand zones.
Bitcoin Posts Worst Quarterly Loss Since 2018 Bitcoin has suffered its steepest quarterly decline in over five years, with a loss exceeding 22%, marking the most significant quarterly loss since the 2018 bear market.
