Crypto News

OKX's August PoR report disclosed that the USD value of its reserves has dropped by roughly $1 billion from the $11.3 billion reported in July. Sentiment Result : Negative

Crypto data tracking platform Arkham Intelligence has identified Robinhood as one of the largest holders of ether. Sentiment Result : Positive

Historically, the banking industry's dominance over global transactions has been unassailable. However, the emergence of blockchain technology and the potential harboured by cryptocurrencies like XRP have set in motion a seismic shift that is upending this age-old paradigm. Sentiment Result : Positive

Shares of cryptocurrency companies rocketed higher Wednesday on the heels of a historic ruling in Grayscale Investments' lawsuit against the Securities and Exchange Commission. Longtime Bitcoin (CRYPTO: BTC) bull Cathie Wood predicted this exact event would occur and shared with Benzinga what could be next for Bitcoin ETFs. Sentiment Result : Positive

Grayscale Investments' recent court victory over the US Securities and Exchange Commission (SEC) has been a shot of good fortune for the beleaguered Grayscale Bitcoin Trust (GBTC). Having traded at a near-50% discount to its net asset value just months ago, GBTC, aka the world's largest bitcoin-only investment vehicle with a $17.4 billion NAV, surged more than 20% on the over-the-counter markets on Tuesday. Sentiment Result : Positive

After a favorable SEC court decision this summer, XRP is now in search of new long-term growth catalysts. Sentiment Result : Positive

XRP has seen a significant surge, gaining more than 6% in value following the recent court decision in the Grayscale v. SEC case over a spot Bitcoin ETF. Sentiment Result : Positive

On August 29, a big win occurred for Grayscale when the DC Court said that the SEC couldn't stop Grayscale from changing its Bitcoin Trust GBTC into a regular Bitcoin exchange-traded fund (ETF). Even though this is important for the Bitcoin community, it doesn't mean GBTC will instantly become a Bitcoin ETF. Sentiment Result : Positive

Ethereum price rallied above the $1,700 resistance against the US Dollar. ETH struggled near $1,750 and is currently correcting gains. Sentiment Result : Negative

Amid a recent court ruling mandating the SEC to re-evaluate Grayscale's Bitcoin ETF proposal, global crypto influencers are actively speculating on timelines and Bitcoin's price. Sentiment Result : Neutral

A crypto market analyst at Bloomberg Intelligence thinks it's already “pretty clear” that Ethereum (ETH) will win the “upcoming stablecoin wars.” Jamie Coutts says on the social media platform X that Ethereum and its broader ecosystem, including layer-2 projects like Optimism (OP), Base and Arbitrum (ARB), leads all other alternative networks across most network-adoption metrics. Sentiment Result : Positive

Digital assets manager CoinShares says that the crypto markets suffered their heaviest outflows last week since March. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets lost $168 million last week, continuing a two-week run of outflows. Sentiment Result : Negative

Total withdrawals stood at $168 million last week, the worst 1-week change for crypto funds since March, according to Coinshares. Sentiment Result : Negative

On 29th August, the BTC price witnessed a significant inflow and registered a 6% intraday gain. The buying pressure is likely associated with a federal court verdict in favor of Grayscale over the U.S. Securities and Exchange Commission (SEC) for Bitcoin ETF. Sentiment Result : Positive

Nasdaq-listed Chinese mining equipment manufacturer Canaan reported increased revenues in Q2, but its bottom line remains underwater. Its topline increased from $55.2 million in Q1 to $73.9 million in Q2, while it sustained a $22.5 million higher loss than Q1 as miners stockpile machines ahead of the Bitcoin (BTC) halving. Sentiment Result : Negative

With the new release, Interlay seeks to empower developers with tools to drive innovation using the existing framework of Bitcoin. Sentiment Result : Positive

The Bitcoin cycles hypothesis is confirmed and recurs in analyzing various on-chain indicators. Its driving force is halving, which takes place every 4 years or so and splits in half the miner's BTC reward. Sentiment Result : Positive

Bitcoin adoption in El Salvador is lagging behind that in Argentina, according to a note sent to investors by Ark Invest's David Puell. Sentiment Result : Negative

While recent Bitcoin (BTC) price movements have been stable, a historical pattern suggests a potential change in the coming months. Bitcoin is showing resilience towards $26K while the triggers are pushed at $25K. This is going crazy as Bitcoin has made an effort to stay strong in the current tide. Sentiment Result : Positive

Hold onto your hats, because history might just be repeating itself in 2023! Let's take a look at this Bitcoin price prediction article. Sentiment Result : Neutral

Bitcoin (BTC) dropped below $26,000 in European early hours on Monday amid a generally bearish sentiment among crypto traders and the absence of new catalysts to rally markets. Sentiment Result : Negative

Bitcoin (BTC), the leading cryptocurrency in the market, has experienced a significant decline since mid-August, resulting in a stagnant price within a newly formed range. This decline has occurred amidst what many believe is an extended bear market in cryptocurrency, causing concerns about the future of Bitcoin's bull cycles. Sentiment Result : Negative

Bitcoin miners are churning less in revenue, looking at trackers on August 28. According to Hashrate Index data, a platform that tracks the correlation between hash rate and revenue accrued by miners over time, income generated from Bitcoin mining operations is at near record lows. Sentiment Result : Negative

The crypto market is abuzz with excitement as Ripple Labs CEO Brad Garlinghouse took to the X platform to announce an eagerly anticipated event, a celebratory victory party in the heart of New York City. This gathering is in honor of Ripple Labs' recent legal victory against the U.S. Securities and Exchange Commission (SEC) and Sentiment Result : Positive

On-chain data shows a Bitcoin metric is forming a pattern that may hint that a bull run could be coming next for the asset. Bitcoin HODLer Growth Rate Has Seemingly Reached The “Plateau” Stage In a new post on X, the analyst Charles Edwards shared a chart highlighting a pattern that the BTC “HODLer Growth Rate” indicator may be forming. Sentiment Result : Positive

Digital assets-focused investment firm Pantera Capital has the conviction that Bitcoin (BTC) will spark a parabolic bull run after the halving event next year. In its latest blockchain letter, the firm, which has $3. Sentiment Result : Positive

More details are coming to light in the ongoing XRP Lawsuit involving both blockchain payments firm Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC). XRP Lawsuit: the Secret Memo Taking to his official X app account, XRP holder's lawyer, John Deaton has shed light on an XRP secret memo that many Sentiment Result : Neutral

It's all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. Sentiment Result : Positive

In a groundbreaking move, Evernode, a global permissionless Layer 2 smart contract platform, has unveiled Xahau — the smart contract sidechain for the XRPL ecosystem. At its core, Xahau is a fork of the XRP Ledger's open-source "rippled" codebase, meticulously crafted to accommodate smart contracts — a novel feature referred to as Xahaud. Sentiment Result : Positive

Ethere­um's co-founder, Vitalik Buterin, has recently sparked intrigue and speculation within the crypto community. He made waves by transfe­rring approximately 3,000 ETH (equivalent to $4.95 million) to a walle­t bearing his label “Vb 2.” This move has raised questions about its implications and the motivations behind it. Sentiment Result : Neutral

BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come. Sentiment Result : Negative

Bitcoin maintains silence over the radio with a sideways trend close to $26K following the sharp fall last week. With limited price movements, the BTC price trend reflects a trapped underlying momentum, which could lead to a sharp move on the breakout. Sentiment Result : Neutral

Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). Sentiment Result : Negative

Investor sentiment hangs in the balance as Ripple prepares to file opposition to the SEC's motion for interlocutory appeal. Sentiment Result : Neutral

Former football legend Ronaldinho has reportedly avoided attending a court hearing over allegations that his company operated a crypto scam. Sentiment Result : Negative

Renowned cryptocurrency expert Arthur Hayes has weighed in on the current state of Bitcoin, predicting a period of consolidation around the $25,000 mark in the coming months. Sentiment Result : Positive

A trader who caught the crypto rally earlier this year is warning that Bitcoin bulls could be victims of a trap if a spot-based BTC exchange-traded fund (ETF) gets the green light from regulators. Sentiment Result : Negative

Crypto asset manager Hashdex has ignited excitement by submitting an application to the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin ETF. Sentiment Result : Positive

Five crypto or blockchain-based firms raised a total of $24 million this week, with bitcoin mining and crypto lending attracting the most attention and capital. Sentiment Result : Positive

Here's how Ripple's case could have been more open since its start. Sentiment Result : Neutral

Bitcoin's price shows a very low intent to recover following the recent drop last week. Things are not looking positive in the short term. Sentiment Result : Negative

In a recent interview on the “Digital Perspectives” YouTube channel, Uphold CEO Simon McLoughlin touched on various topics of interest to the XRP community, especially one of his company's upcoming products (“Vault”). Sentiment Result : Positive

Attorney John Deaton, who has been an important part of the ongoing legal battle between Ripple and the SEC, recently spoke at the first annual onXDC Live blockchain industry conference in Texas. Sentiment Result : Positive

PEPE has lost the most value over the past week due to its single day price drop earlier. Sentiment Result : Negative

In the dynamic realm of cryptocurrencies, a remarkable trend is swiftly gaining prominence – the meteoric rise of Ethereum (ETH) staking. Despite the recent turbulence that has rippled through the crypto sector, Ethereum staking is emerging as a steadfast avenue for investors to engage with the transformative potential of blockchain technology. Sentiment Result : Positive

Tether's Chief Technology Officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that. Sentiment Result : Neutral

In a surprising twist of events, XRP, the cryptocurrency ranking as the fifth-largest by market capitalization, is captivating the attention of traders across major South Korean crypto exchanges. This unique trend is underscored by its consistent position as the most actively traded digital asset on these platforms, even in the midst of relatively minor price fluctuations. Sentiment Result : Positive

Crypto exchange HashKey Group is set to debut Bitcoin (BTC) and Ethereum (ETH) trading services for its Hong Kong customers on Aug. 28. Sentiment Result : Positive

The Lazarus moved 1,580 BTC to six addresses which could be seen as the first step of a potential sale. Sentiment Result : Negative

In an unexpected and riveting turn of events that has firmly grasped the attention of cryptocurrency enthusiasts worldwide, a staggering influx of 30,000 Bitcoins has been surreptitiously migrated to cold storage within the remarkably short span of just one week. This captivating surge in activity has ignited a maelstrom of conjecture and discourse, casting a spotlight on the potential trajectory of the cryptocurrency market in the coming times. Sentiment Result : Positive