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Showing posts from July, 2023

Optimism (OP) Soars 6% Daily, Bitcoin (BTC) Dominance Declines as Price Stagnates (Market Watch)

Uniswap has added the most value from the top 20 alts, followed by Shiba Inu, Litecoin, and Dogecoin. Sentiment Result : Negative

Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors

John E. Deaton believes the unequal treatment raises concerns about the regulatory body's effectiveness and fairness, as well as the overall framework for digital assets. Sentiment Result : Positive

Legendary Trader Peter Brandt Says Bitcoin Will Be Top of Food Chain, Predicts Inevitable Approval of BTC ETF

Veteran trader Peter Brandt, who gained legendary status after calling the 2017 Bitcoin (BTC) collapse, predicts that the crypto king will tower over all other asset classes in the long run. Sentiment Result : Positive

ETH Targets Sub-$1,850 with Inflows stumbling Amidst SEC Chatter

ETH was in the red this morning. Staking inflows tumbled one day after a slide in staking APRs. Sentiment Result : Negative

Ducati Partners With Ripple-Founded XRP Ledger for its First NFT Collection

Ducati unveiled its first-ever NFT launch in partnership with XRP Ledger (XRPL). Sentiment Result : Positive

BTC in Limbo as SEC Drags Out Spot BTC ETF Reviews

BTC was on the back foot this morning, with uncertainty toward the SEC approval of the spot ETFs weighing. Grayscale has tried to push the SEC into action. Sentiment Result : Negative

XRP Sideways Moves Leave $0.65 in Play on SEC Appeal Threat

XRP was on in the red this morning, with the bears targeting a four-day losing streak. The lingering threat of an SEC appeal continues to test buyer appetite. Sentiment Result : Negative

Top Altcoins To Watch Next Week: Litecoin (LTC), Solana (SOL) And Ripple (XRP) Prices Set For Possible Surges

Analysts favor Litecoin (LTC), Solana (SOL), and Ripple (XRP) as they gear up for possible price surges in the coming week. Sentiment Result : Positive

Ethereum (ETH) Marks Eight Years of Success with Positive Price Momentum

Ethereum (ETH), the trailblazing second-largest cryptocurrency by market capitalization, is on the cusp of completing its eighth year in the crypto space on July 30. Since its official launch on July 30, 2015, Ethereum has achieved significant milestones and emerged as one of the most influential players in the blockchain industry. Sentiment Result : Positive

SBI Unveils Ambitious Plans for Ripple's ODL and XRP Adoption in Japan

In a landmark revelation that has sent shockwaves through the financial world, the esteemed Japanese financial giant SBI Group has unveiled its ambitious future plans for harnessing the power of Ripple's innovative On-Demand Liquidity (ODL) and XRP in revolutionizing domestic and international remittances. The strategic move not only strengthens SBI Group's partnership with Ripple but also seeks to accelerate the adoption of XRP in Japan and beyond. Sentiment Result : Positive

Ripple Exec on Palau Stablecoin Trial on XRP Ledger, SEC Case Ruling

Ripple vice president of central bank engagements and CBDCs James Wallis joins "First Mover" to discuss his insights into the country of Palau leveraging Ripple's CBDC platform and starting a stablecoin trial on the XRP Ledger. Wallis also weighs in on Ripple Labs scoring a partial win against the SEC earlier this month after a judge ruled the sale of Ripple's XRP tokens on exchanges and through algorithms did not constitute investment contracts. Sentiment Result : Positive

Bitcoin Consolidates Above Key Support, Bulls Await Breakout for New Rally

In the realm of cryptocurrencies, Bitcoin, the world's largest digital asset, has been displaying interesting price action. With a 0.61% increase over the past 24 hours, the digital coin reached $29,389.24, signifying a modest recovery. Sentiment Result : Positive

Bitcoin Bull Cycle Still Intact As Long-Term Holders Demonstrate Low Selling Pressure

Bitcoin (BTC) continues to display a robust bullish outlook, with long-term holders demonstrating a notable absence of selling pressure. Sentiment Result : Neutral

How Many Ethereum (ETH) Addresses Show Real Activity? You Would Be Surprised

Using a customized Dune Analytics dashboard, Jack Gorman tracked the paradigm of new Ethereum (ETH) wallets that were activated in the last 12 months. Simply put, it looks like the "we are still very early" motto of crypto veterans is still valid in late Q3, 2023. Sentiment Result : Positive

Michael Saylor: SEC Lawsuits Are Paving the Way for BTC Dominance

Michael Saylor, the former CEO of MicroStrategy, commented in an interview that the present SEC lawsuits against platforms like Coinbase and Binance will pave the way for bitcoin to become bigger than it's ever been. Sentiment Result : Negative

Bitcoin: Short-term holders play it safe as positive sentiment declines

Amid the disparity in accumulation trends between Bitcoin's long-term holders and short-term holders, some key momentum indicators hint at a possible price recovery. Sentiment Result : Negative

Bitcoin Flashing Bullish Signal Amid Rising Fear, According to Crypto Analytics Firm Santiment

Crypto analytics platform Santiment says that one metric is indicating a potential rally for Bitcoin (BTC) on the horizon. Santiment says that after the 0.25% rate hike by the Federal Open Market Committee (FOMC) earlier this week, Bitcoin is dominating discussions on social media platforms at the expense of other crypto assets. Sentiment Result : Positive

Cup And Handle Pattern Emerges In XRP Chart: What Does It Mean?

Despite a favorable ruling as a non-security token, XRP had experienced a correction for over a week and a half, losing bullish momentum after reaching a yearly high of $0.94. It is trading above the $0.70 mark, with the $0.66 level acting as a support.