Data indicates that Ethereum sentiment on social media is not particularly optimistic at this moment, an aspect that may facilitate a continuation of the asset’s upward trend. Ethereum Positive/Negative Sentiment Remains Subdued In a recent update on X, the analytics company Santiment discussed the sentiment surrounding Ethereum among social media users. The indicator presented by Santiment is the “Positive/Negative Sentiment,” which compares the positive and negative remarks about ETH across prominent social media channels. This metric differentiates between the two comment types by processing user posts/threads/messages using a machine-learning model. After categorization, it quantifies each type and calculates the ratio…
Autore: wsjcrypto
“`html In today’s crypto news, Standard Chartered now anticipates Ether reaching $7,500 by 2025, driven by unprecedented ETF and treasury acquisitions, stablecoin expansion, and upgrades to the Ethereum network. Additionally, US banking organizations have urged the closure of a GENIUS Act “gap,” while Terraform Labs co-founder Do Kwon has confessed to charges of wire fraud and conspiracy.Ether ascends towards new peaks as Standard Chartered raises target to $7,500Standard Chartered has increased its Ether price forecast for 2025 to $7,500, up from a prior target of $4,000, citing an upsurge in institutional investments and the growing use of stablecoins following recent…
Essential highlights:Coinbase’s institutional Bitcoin trading volume reaches 75%, a trend historically correlated with a BTC price increase in the following week.Institutions are acquiring significantly more Bitcoin than the daily mining output. Risk assets are discovering fresh motivations to rally again as the outlook on US economic policies improves.Bitcoin (BTC) is expected to experience new gains within a week as institutions amplify BTC purchases, new analysis suggests.In an X post on Wednesday, Charles Edwards, the founder of the quantitative digital asset fund Capriole Investments, highlighted significant outflows from the US exchange Coinbase.Assessment: Institutions likely to trigger new BTC price increasesOnce again,…
CEO SUITE, Asia’s foremost premium workspace provider, is excited to declare the appointment of Paul MacAndrew as its new Chief Executive Officer, effective immediately. “We are thrilled to embrace Paul into the CEO SUITE family,” remarked Ms. Mee Kim, president and creator of CEO SUITE. “With his guidance, we are initiating an AI-driven workspace tailored for the MZ digital generation. This signifies a daring new era of smarter workspaces, accelerated growth, and an expanded global footprint.” With over 20 years of leadership expertise across the Asia-Pacific, Europe, and the UK, Paul offers a verified history in business transformation, strategic development,…
Bitcoin remains robust at approximately $120,000, just under 3% away from its all-time peak of $123,180, as large investors continue to amass significant amounts of BTC. Recent figures from Bitcoin Magazine Pro indicate that the quantity of addresses holding more than 100 BTC has achieved a new record of 18,996. The chart provided by Bitcoin Magazine Pro shows a consistent growth in the number of unique addresses holding at least 100 BTC, now exceeding its former high of 18,544 recorded on February 26, 2017. This data “can be utilized alongside other Address Balance charts to comprehend whether Bitcoin adoption is…
“`html Legislators in the US state of Wisconsin have unveiled a proposal in the state’s Senate to complement a prior measure introduced in the lower chamber aimed at preventing fraud linked to crypto ATMs.Senator Kelda Roys, along with six other Democrats, unveiled Senate Bill 386 on Monday as supplementary legislation to Assembly Bill 384, which Democratic Representative Ryan Spaude unveiled on July 31.According to the corresponding proposed bills, crypto ATM or kiosk operators must obtain a money transmitting license to operate in the state and are required to gather details about their users, including name, birthdate, number, address, and email.Submitting…
“`html Trusted Editorial material, evaluated by top industry professionals and experienced editors. Ad Disclosure In a pivotal moment for the cryptocurrency landscape with fresh regulations emerging from the US, prominent financial institutions are focusing on stablecoins, attributed to the recent enactment of the GENIUS Act. This regulatory structure, part of President Donald Trump’s aim to establish the US as a global frontrunner in cryptocurrency, has encouraged banks like Bank of America, Fiserv, and Morgan Stanley to investigate the uptake and implementation of stablecoins. Should Enterprises Develop Their Own Stablecoins Though the GENIUS Act paves the way for new possibilities in…
By Katherine K. Chan THE Philippine banking industry’s nonperforming loan (NPL) ratio decreased to a three-month low in June, even as financial institutions continued to broaden their lending portfolios, according to data from Bangko Sentral ng Pilipinas (BSP). BSP data indicated that banks’ gross NPL ratio fell to 3.34% in June from 3.38% in May, and 3.51% in the same month last year. This was the lowest NPL ratio recorded in three months, following the 3.3% in March. Loans are categorized as nonperforming when they remain unpaid for at least 90 days past the due date. These are classified as…
Bitcoin’s renowned four-year cycle, once connected to its halving events, may be losing its prominent market influence, according to various leading analysts. For numerous years, the halving—a systematic decrease in miner rewards every four years—had been preceded by significant surges and sharp declines in valuation. Related Reading Currently, however, the market is increasingly affected by institutional funds, regulated investment vehicles, and overarching economic trends. Halving’s Dominance Diminishes As Competitors Rise Pierre Rochard, CEO of The Bitcoin Bond Company, remarked that the halving’s supply shock is notably smaller now compared to Bitcoin’s formative years, when most coins were still being mined.…
“`html Roman Storm’s legal representatives and US prosecutors have come to an agreement to prolong procedural timelines that may impact retrying the Tornado Cash co-founder on charges related to conspiracy for money laundering and conspiracy to breach sanctions.In a filing on Monday within the US District Court for the Southern District of New York (SDNY), Judge Katherine Failla validated a timeline settled upon by Storm’s attorneys and the US government, which will delay the commencement of any potential retrial.While prosecutors did not indicate if they wished to retry Storm on the two felony offenses, any scheduling concerning the issue would…