Crypto News Sentiment 24 hours

VIRTUAL's Price Hits 4-Month High: Can It Break the $2 Barrier? VIRTUAL demonstrates strong bullish momentum. If demand persists, the price could aim for $2.1 or potentially retrace to $1.3.

Grayscale Forecasts Explosive Altcoin Growth Grayscale predicts a significant expansion in regulated crypto investment products, with 11 altcoins including XRP, Cardano, Chainlink, and Bitcoin Cash poised for substantial growth.

Bitcoin Forecasted to Drop 70%, Hit $1 Million Long Term Vineet Budki expects Bitcoin to experience a 70% drop but anticipates reaching $1 million within ten years.

Coinbase Loads Up on Bitcoin Coinbase significantly increased its Bitcoin holdings by adding 2,772 BTC in Q3, indicating ongoing commitment to the cryptocurrency and plans for further purchases.

Ether.fi Reports Significant Growth in Quarterly Performance Ether.fi announces substantial increases in TVL, fees, and protocol revenues, enhancing its position in the decentralized finance sector.

Ethena Forms Bullish Flag Pattern as Price Targets Range Ethena exhibits a bullish flag pattern on its 2-day chart, with price targets potentially reaching up to $3.00, supported by robust on-chain data.

Solana Leads Blockchain Engagement; Aptos Gains Momentum Solana tops blockchain activity with 15.873 million active addresses, followed closely by Tron, BNB Chain, Aptos, and Sei, indicating high user engagement.

PING Token Rebounds, Boosting x402 Protocol Market Cap PING token surges, driving x402 Protocol's market cap to over $31 million, marking a significant recovery for the token.

Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience Scott Bessent, U.S. Treasury Secretary, describes Bitcoin as more resilient than ever, marking a pivotal shift in official policy stance towards cryptocurrencies.

Bitcoin Turns 17: Can It Overcome First Red October Since 2018? Bitcoin faces challenges in its 17th year, particularly during the October period, where hesitancy and cautious positioning might affect its performance.

Fed Rate Cut Probability at 98%, Potentially Boosting Bitcoin With Fed Chairman Jerome Powell signaling a likely rate cut, there is a high probability that fresh stimulus will push Bitcoin to new all-time highs.

How Pi Network Could Finally End PI Price Chaos the DeFi Way

Pi Network aims to democratize cryptocurrency access but has faced significant price volatility, losing over 90% from its peak. The article suggests that adopting decentralized finance (DeFi) strategies might stabilize its value.

Crypto Hacking Losses Plummet: A Remarkable 85.7% Drop in October

Crypto hacking losses dropped dramatically by 85.7% in October, from $127 million to $18.18 million, signaling improved security measures and reduced cyber threats in the cryptocurrency sector.

Assessing Bittensor’s 23% Jump as Europe Launches First TAO ETP

Bittensor's price increased by 23%, driven by the launch of the first TAO Exchange Traded Product (ETP) in Europe. The momentum may continue, potentially reaching $590, though a correction to $455 is possible.

Tesla CEO Elon Musk Says X Chat's New P2P Encryption System Is Similar to Bitcoin's

Elon Musk highlighted similarities between X Chat's new peer-to-peer (P2P) encryption system and Bitcoin's architecture, indicating advancements in secure communication within the decentralized finance (DeFi) space.

New App Launches with Advanced Features Anticipated Soon

A new app featuring in-app chat with media and file sharing for Premium users has launched. A standalone version is expected to offer additional features in the coming months, enhancing user experience.

Pudgy Penguins (PENGU) Token Performance Pudgy Penguins token, PENGU, has seen a 20% drop in price over the past five days, currently trading around $0.018. Despite this downturn, on-chain data suggests a more complex picture than a simple bearish trend.

Top Trending Coins Today Zcash, Trump Coin, and ai16z are leading today's cryptocurrency market, driven by strong narrative and community support.

Bitcoin's November Comeback Bitcoin has shown unexpected resilience, recovering from recent declines. The cryptocurrency managed to defy typical "Uptober" expectations, marking a notable comeback in November.

Japan's Green Bitcoin Mining Project A 4.5 MW state-backed project in Japan uses renewable energy to mine Bitcoin, aiming to establish a model for sustainable cryptocurrency production.

Pi Network's Growth Pi Network is gaining momentum with new features and increased community engagement, contributing to a 50% rise in its price.

Crypto Fundraising Surge In October, the crypto industry witnessed a significant investment boom, raising over $3.9 billion, indicating strong investor confidence and market growth.

Ethereum vs. Solana Comparison The debate between Ethereum and Solana as leading Layer 1 blockchains has concluded quietly. Ethereum shifted focus to settlement layers for modular rollups, while Solana maintained its monolithic architecture.

Jito Whale Activity Jito's price decline has attracted whale purchases and bullish futures activity, suggesting potential future recovery.

Bitcoin Seasonal Risk Warning An experienced analyst warns of potential risks for Bitcoin in November, advising investors to be cautious during this period.

Bitcoin's Political Resilience Despite U.S. political challenges, Bitcoin has demonstrated resilience, noted by cryptocurrency expert Scott Bessent.

Analyst Predicts Major Rally for XRP A crypto analyst predicts XRP may experience a significant price increase as traditional markets hit record highs. The analyst links this trend to potential moves within the crypto sector, hinting at an "unthinkable" event for XRP.

Utility Tokens See Boost from Pump.fun’s Spotlight Program Pump.fun, a platform typically focused on launching memecoins on Solana, has introduced a new initiative called Spotlight. This program aims to support and empower utility tokens, marking a significant shift towards fostering growth in these types of cryptocurrencies.