Crypto News Sentiment

Updated: 6 days and 17 hours ago

Crypto surges! Dogwifhat leaps nearly 30%, Solana dominates, and a Chainlink ETF gets the green light. However, Coinbase warns of quantum computing risk to Bitcoin, and XRP signals a potential decline.
Positive news

Dogwifhat (WIF) Price Surge

Dogwifhat (WIF) has seen a significant price increase, rising nearly 30% in a day, trading around $0.498. This surge follows a broader rebound in memecoins, fresh whale activity, and renewed interest after the token gained visibility across major exchanges.

Filecoin Price Increase

Filecoin (FIL) experienced a price rise due to increased trading volume, which was more than double its 30-day average, indicating heightened investor participation.

CoinDesk 20 Index Performance

Uniswap (UNI) and Sui (SUI) were among the top performers in the CoinDesk 20 index, with UNI up 3.3% and SUI gaining 5.5% from the previous Monday.

Solana's Dominance and Growth

Solana extended its dominance as the leading smart contract platform, achieving record transactions and revenue growth, with notable improvements in network performance metrics.

Chainlink ETF Approval

The U.S. Securities and Exchange Commission approved Bitwise’s spot Chainlink (LINK) ETF, marking a significant step in the regulatory acceptance of crypto assets beyond Bitcoin.

US Stocks Opening Higher

US stocks opened higher, reflecting cautious optimism in early 2025 trading sessions, with the Nasdaq Composite leading the advance.

Solana's App Revenue and DEX Volume

Solana saw its application revenue hit $2.4 billion, with decentralized exchange (DEX) volume topping $1.5 trillion, alongside $1 billion in ETF inflows.

Bitcoin's Most Expensive Trade

Bitcoin traded at its most expensive level of the week at $94,000, reversing the Coinbase premium and aligning with a local top.

Quantum Computing Threat to Bitcoin

Coinbase warned that approximately one-third of Bitcoin’s supply is vulnerable to quantum computing attacks, highlighting a significant threat.

Bitcoin's Bottom Confirmation

An extreme ratio between short-term holder supply in profit and loss suggests that Bitcoin’s late November plunge might have marked the bottom, with major upside expected.

USDC Stablecoin Injection

The USDC Treasury minted 250 million USDC, signaling a major market movement and intense scrutiny from analysts and observers.

Kalshi Prediction Markets Growth

Kalshi, a prediction market platform, achieved $100 billion in annual trading volume, marking a significant milestone in mainstream adoption.

XRP Golden Cross

XRP confirmed a golden

Negative news

Chainlink (LINK) Price Update The Chainlink (LINK) price has remained stagnant since its 2021 peak, showing signs of a potential change. Analyst Crypto Patel noted that LINK is no longer drifting and that higher timeframes are beginning to show a shift in structure.

XRP Price Alert XRP recently reached $2.40, a level not seen since September. However, the Bollinger Bands, which previously signaled false rallies, are now indicating another potential decline, raising concerns for cryptocurrency investors.

Warning on Stablecoin Legislation The American Bankers Association has warned of significant loopholes in the proposed GENIUS Act regarding stablecoins. This warning adds urgency to addressing these regulatory gaps to protect the U.S. financial system, especially small businesses and traditional banking operations.

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