196
Here are the news for you today.
Recently, we have just launched a news sentiment analysis tool that utilizes machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.
Interested in our product? It's available for free here -> Coin Metrics Crypto News Sentiment Analytics
BITCOIN (BTC)
Current Price: $ 20,155 (24h Changes: -1.07 %)
Current Market Cap: $ 388,210,705,916 (24h Changes: -1.56 %)
Positive News
Bitcoin rises as Fed hints at policy shift, and BitDeer delays Wall Street debut: CNBC Crypto World
Source: CNBC Television
Wed, 02 Nov 2022 15:12:06
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Callie Cox of eToro discusses macro pressures weighing on crypto investors.
Cryptocurrency Market is bullish as Bitcoin Rises in response to the Fed Rate decision
Source:
Wed, 02 Nov 2022 15:01:33
On Wednesday, the Federal Reserve of the United States announced a rate increase of 75 basis points.
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
Source:
Wed, 02 Nov 2022 15:00:54
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth in spending and production.” U.S.
Neutral News
Bitcoin remains range bound as Fed enacts 4th consecutive 75 basis point rate hike
Source: CryptoSlate
Wed, 02 Nov 2022 14:23:19
The United States Federal Reserve raised interest rates by 75 basis points (bps) after the Federal Open Market Committee (FOMC) meeting on October 2, bringing the Federal Funds Rate to 3.75 – 4%. The post Bitcoin remains range bound as Fed enacts 4th consecutive 75 basis point rate hike appeared first on CryptoSlate.
Fed Decision Looms Over Financial Markets, Is Bitcoin Safe?
Source: Bitcoinist
Wed, 02 Nov 2022 13:00:45
Bitcoin and the entire crypto market are currently waiting with bated breaths to see the outcome of the FOMC meeting. The United States Federal Reserve Open Market Committee (FOMC) meeting began on Nov. 1 and the market now waits patiently for the decision of the Fed.
Bitcoin Price Analysis: Stops Below 19600 - 3 November 2022
Source: Crypto Daily
Wed, 02 Nov 2022 13:00:00
BTC/USD Seeks More Upside: Sally Ho's Technical Analysis – 3 November 2022 Bitcoin (BTC/USD) remained poised to add to October's monthly gains early in the Asian session as the pair eyed possible appreciation above the 21080 area, a recent high that represented a test of the 61.8% retracement of the depreciating range from 22800 to 18131. This move opened up possible tests of additional related retracement areas around the 21698 and 21800 levels.
Negative News
Bitcoin and Ethereum Pop, Then Drop As Fed Chair Jerome Powell Details Future Pace of Rate Hikes
Source: The Daily Hodl
Wed, 02 Nov 2022 15:42:17
Bitcoin, Ethereum and the crypto markets at large are experiencing a sharp increase in volatility as Federal Reserve Chair Jerome Powell details the future of interest rate hikes in the US. After raising interest rates another 0.
Bitcoin, ether whipsaw as Fed Chair's comments roil markets
Source: The Block
Wed, 02 Nov 2022 15:29:47
Crypto prices moved higher then lower following the Fed's decision to raise interest rates by 75 basis points. The post Bitcoin, ether whipsaw as Fed Chair's comments roil markets appeared first on The Block.
Iris Energy faces default by Nov. 8 on financed bitcoin miners
Source: The Block
Wed, 02 Nov 2022 14:19:46
Iris Energy Limited may face default if it misses a payment by Nov. 8 on bitcoin miners it operates, financed by $103 million in debt. The post Iris Energy faces default by Nov. 8 on financed bitcoin miners appeared first on The Block.
ETHEREUM (ETH)
Current Price: $ 1,507.59 (24h Changes: -3.71 %)
Current Market Cap: $ 183,035,556,179 (24h Changes: -4.31 %)
Positive News
Is Crypto Superior To Gold? Here's What This Ethereum Co Founder Thinks
Source: Benzinga
Wed, 02 Nov 2022 15:48:37
Vitalik Buterin, Ethereums's co-founder, believes that crypto is superior to gold. According to him, "gold has less adoption than crypto, so crypto is the better bet.
Bitcoin, Ethereum and Stocks Jump Following Fed's Fourth Rate Hike
Source:
Wed, 02 Nov 2022 14:27:49
The Federal Reserve's aggressive monetary policy continued today—and Bitcoin did what it usually does, following other risk assets.
Ethereum's Shanghai Upgrade Will Play A Crucial Role In Determining ETH's Price
Source:
Wed, 02 Nov 2022 12:28:27
Ethereum is all set to undergo another crucial upgrade dubbed “Shanghai,” which will play an elemental role in determining its price in the long run. A recent meeting chaired by the Ethereum Foundation's Tim Beiko along with other developers concerning the upcoming Shanghai upgrade has led the crypto proponents to dissect the upcoming Shanghai upgrade.
Neutral News
1,368 ETH Worth $2M Was Just Burned
Source: Benzinga
Wed, 02 Nov 2022 13:37:18
What happened: On Tuesday a total of 1,368.61 Ether (CRYPTO: ETH) worth $2,141,772, based on the current value of Ethereum at time of publication ($1,564.93), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.
Crypto price analysis: Bitcoin, Ethereum and Cronos
Source: The Cryptonomist
Wed, 02 Nov 2022 10:35:55
After 3 weeks of turmoil, the total capitalization of the entire sector is back above $1 trillion
Ethereum ($ETH) ‘Could Be Moving Towards a Deflationary Future', Say Citi Analyst
Source: CryptoGlobe
Wed, 02 Nov 2022 07:09:13
According to a Citi research report released on Monday (31 October 2022), following the Merge, it appears that Ethereum ($ETH) is on its way to becoming a deflationary asset. Ethereum's Merge upgrade, which was completed on 15 September 2022, marked the Ethereum network's transition from proof-of-work (PoW) consensus to proof-of-stake (PoS) consensus.
Negative News
Bitcoin and Ethereum Pop, Then Drop As Fed Chair Jerome Powell Details Future Pace of Rate Hikes
Source: The Daily Hodl
Wed, 02 Nov 2022 15:42:17
Bitcoin, Ethereum and the crypto markets at large are experiencing a sharp increase in volatility as Federal Reserve Chair Jerome Powell details the future of interest rate hikes in the US. After raising interest rates another 0.
Bitcoin, ether whipsaw as Fed Chair's comments roil markets
Source: The Block
Wed, 02 Nov 2022 15:29:47
Crypto prices moved higher then lower following the Fed's decision to raise interest rates by 75 basis points. The post Bitcoin, ether whipsaw as Fed Chair's comments roil markets appeared first on The Block.
Ethereum price analysis: ETH slowly continues below $1,600, further selling overnight?
Source: Cryptopolitan
Wed, 02 Nov 2022 12:25:28
Ethereum price analysis is bearish today as we have seen steady lower highs set with steady momentum. Therefore, we expect ETH/USD to continue declining over the next 24 hours and look to test the $1,500 support.
BINANCE (BNB)
Current Price: $ 317.04 (24h Changes: -1.43 %)
Current Market Cap: $ 52,215,642,489 (24h Changes: -2.34 %)
Positive News
DOGE, BNB, MASK Just Might Be Used on Twitter, Analyst Suggests, Here's Why
Source:
Wed, 02 Nov 2022 10:11:00
Here's how new BINANCE Bluebird index may be linked to much-anticipated crypto adoption on Twitter
Top 5 Altcoins to Buy in November 2022
Source: Crypto Daily
Wed, 02 Nov 2022 10:00:00
One of the most effective, albeit risky, ways to make money is to buy cryptocurrency. No other investment product can compare with it in terms of profitability.
Boba Network Launches BNB Chain's First Ever L2
Source: Crypto Daily
Wed, 02 Nov 2022 09:00:10
Palo Alto, CA, 2nd November, 2022, Chainwire Boba Network has deployed the first layer-two to BNB Chain, offering enhanced scalability and low fees computation to a top-3 popular blockchain by total value locked. Boba-BNB is the latest in a series of Boba deployments, aiming to solidify its position as the only multi-chain L2 network.
Neutral News
Binance's Changpeng Zhao Mulls Over Bank Acquisition With $1 Billion War Chest
Source:
Wed, 02 Nov 2022 15:17:26
Armed with a $1 billion war chest, Binance's Changpeng Zhao has indicated that the exchange is looking to acquire a bank.
Negative News
Binance Coin price analysis: BNB coin faces a minor pullback after a period of a bullish spree
Source: Cryptopolitan
Wed, 02 Nov 2022 12:16:10
Recent Binance Coin price analysis indicates that the digital asset has retraced toward the $319.0 level after hitting a weekly high of $335.76.The BNB coin opened the daily trading session at $322.23 and is currently trading at $319.12, as per data from CoinMarketCap.The Binance coin is down by 0.
CARDANO (ADA)
Current Price: $ 0.38 (24h Changes: -4.25 %)
Current Market Cap: $ 13,435,225,831 (24h Changes: -4.36 %)
Positive News
Cardano Moves From ‘Ghost Chain' to Industry Leader As NFT Volume Skyrockets Amid Bullish ADA Motion
Source: Zycrypto
Wed, 02 Nov 2022 13:59:44
Cardano has taken its place among the top three networks for Non-Fungible Tokens (NFTs) but falling total volume locked (TVL) volumes threaten to steal its shine.
Breakouts Underway for Ethereum, Cardano and Dogecoin, Says Top Analyst – Here Are His Price Targets
Source: The Daily Hodl
Wed, 02 Nov 2022 10:30:01
A popular crypto strategist says a trio of altcoins are in the process of taking out key resistance levels on the weekly or monthly time frame.
Revealed: Top 15 most popular cryptocurrencies in October
Source:
Wed, 02 Nov 2022 09:39:50
The global cryptocurrency market had increased by $80 billion in October, with most of the top 100 cryptocurrencies by market capitalization experiencing a rise in price. Bitcoin (BTC) led the way, managing to seal its first green monthly candle since July, with the “Uptober” meme exceeding expectations.
Neutral News
‘ADA Whale' on Why Cardano Having ‘One of the Smallest LEDGER Sizes in Crypto' Matters
Source: CryptoGlobe
Wed, 02 Nov 2022 13:12:41
Recently, pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) explained why Cardano's relatively small ledger size has material importance. Last Sunday (30 October 2022), “ADA whale” took to Twitter to tell his over 117K followers that Cardano's full larger takes up less than 100GB of storage, which means that you only need basic (i.e.
'Pre-Mined ADA Myth' Busted by Cardano Community: Details
Source:
Wed, 02 Nov 2022 12:06:00
No, ADA tokens that were allegedly 'pre-mined' by Cardano's key early entities pose no threat to its sustainability
Cardano Price Prediction as $475 Million Trading Volume Comes In – ADA to the Moon?
Source: Cryptonews
Wed, 02 Nov 2022 09:31:00
Cardano price appears to have triggered massive sell positions after it failed to rise above resistance at $0.4400. The smart contract platform bowed to increasing overhead pressure as investors locked in profits. ADA must reclaim immediate support at $0.4000; otherwise, its leg may stretch to $0.3730 before bulls get another chance to push prices higher again.
Negative News
Breaking: BTC, ADA, SHIB, XRP Turn Volatile as Fed Announces Massive Rate Hike
Source:
Wed, 02 Nov 2022 14:02:00
Federal Reserve officials have announced the fourth consecutive 75-basis point hike in order to tame persistent inflation
Cardano: A pullback to $0.
Source: AMBCrypto
Wed, 02 Nov 2022 09:30:37
42 area has been solid resistance in the past Cardano has not been particularly strong in the markets in recent months.
Cardano's Upward Correction Is Thwarted As It Hits $0.37 Low Again
Source:
Wed, 02 Nov 2022 08:40:00
Cardano (ADA) is in a downtrend, but buyers have been trying to keep the price above the moving average lines. The uptrend was rejected at the $0.44 resistance.
RIPPLE (XRP)
Current Price: $ 0.45 (24h Changes: -2.82 %)
Current Market Cap: $ 22,479,565,305 (24h Changes: -2.96 %)
Positive News
Ripple CTO Identifies Key Milestone As XRP Ledger Sees NFTs Go Live on Mainnet
Source: The Daily Hodl
Wed, 02 Nov 2022 14:45:13
Non-fungible tokens (NFTs) are now live on the XRP Ledger (XRPL) after a new amendment enabling extensions supporting a native NFT type on the ledger was activated.
Coinbase and Blockchain Advocacy Group Join Ripple's Fight Against SEC
Source: Cryptonews
Wed, 02 Nov 2022 13:00:00
Major crypto exchange COINBASE has followed advocacy group Investor Choice Advocates Network to voice its support for Ripple's key defense in its legal fight against the SEC.
SEC vs Ripple (XRP) lawsuit: Coinbase sides with its peer
Source: The Cryptonomist
Wed, 02 Nov 2022 09:51:41
Ripple supporters grow louder and louder, and the court case may finally come to a close
Neutral News
What's Going On With Ripple Labs (XRP)? Here's What You Need To Know
Source: Benzinga
Wed, 02 Nov 2022 13:24:43
For blockchain innovator Ripple Labs (CRYPTO: XRP), the past two years have been fraught with uncertainties on account of the Securities and Exchange Commission (SEC) action in December 2020 regarding $1.3 billion of capital raised by the company's co-founder Chris Larsen and current CEO Brad Garlinghouse. Despite the company's relentless drive to innovate enterprise-grade solutions for businesses that are faster and more cost effective than traditional financial services, its native token continued to trade significantly lower than its all-time high of $3.03 reached in 2017.
SEC v. Ripple: Crypto Blogger BitBoy on His Part in Case as XRP Holder
Source:
Wed, 02 Nov 2022 08:52:00
Crypto blogger Ben "BitBoy" Armstrong on his participation in Ripple case on behalf of XRP holders
5.75 Million XRP Traded in 2 Hours on XRPL's "CryptoPunks" NFT Collection
Source:
Wed, 02 Nov 2022 06:05:00
XRPL "CryptoPunks" absorbing millions of XRP from start of sales
Negative News
Breaking: BTC, ADA, SHIB, XRP Turn Volatile as Fed Announces Massive Rate Hike
Source:
Wed, 02 Nov 2022 14:02:00
Federal Reserve officials have announced the fourth consecutive 75-basis point hike in order to tame persistent inflation
XRP On the Verge of Major Test, Volatility Inbound? (Ripple Price Analysis)
Source: CryptoPotato
Wed, 02 Nov 2022 11:15:43
Ripple has been experiencing a short-term stage of consolidation following low volatility. The cryptocurrency has formed a well-known bearish flag pattern and has dropped to the middle boundary.
SOLANA (SOL)
Current Price: $ 30.42 (24h Changes: -4.97 %)
Current Market Cap: $ 11,009,268,030 (24h Changes: -5.81 %)
Neutral News
1,000 Solana Validators Go Offline as Co-Founder Claims No More Outages by End of Year
Source: BeInCrypto
Wed, 02 Nov 2022 15:21:56
Solana co-founder Anatoly Yakavenko has said that Solana's new validator, due by the end of 2022, will improve the reliability of the network. The post 1,000 Solana Validators Go Offline as Co-Founder Claims No More Outages by End of Year appeared first on BeInCrypto.
Solana (SOL) Price Analysis: Renewed Buying Interest Above $30
Source: LiveBitcoinNews
Wed, 02 Nov 2022 02:08:56
Solana price started a decent increase above the $28 resistance against the US Dollar. The price is now trading above $30.00 and the 55 simple moving average (4-hours).
Negative News
Solana price analysis: SOL/USD bearish as price slips to $31.36
Source: Cryptopolitan
Wed, 02 Nov 2022 14:09:54
Solana price analysis is currently bearish as the market slides below $31.36. This comes after a period of consolidation around this price level.
1,000 Solana validators go offline as Hetzner blocks server access
Source: The Block
Wed, 02 Nov 2022 13:11:16
The German cloud provider has blocked server access to Solana validators, causing a portion of the network's stake to become delinquent. The post 1,000 Solana validators go offline as Hetzner blocks server access appeared first on The Block.
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack'
Source:
Wed, 02 Nov 2022 12:30:55
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend's official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter's address. Solana Defi Application Solend Loses $1.
AVALANCHE (AVAX)
Current Price: $ 17.61 (24h Changes: -4.66 %)
Current Market Cap: $ 5,295,281,569 (24h Changes: -5.46 %)
Negative News
Avalanche price analysis: Bearish clouds fade as AVAX/USD prices near $17.86
Source: Cryptopolitan
Wed, 02 Nov 2022 09:48:31
Avalanche price analysis is in favor of bears for today; the price has been decreasing for the past 24-hours, and it is currently facing strong rejection at the $19.15 level. However, support is still present at $17.71, providing a buffer for any potential downward movements.
NEAR (NEAR)
Current Price: $ 2.85 (24h Changes: -5.61 %)
Current Market Cap: $ 2,327,990,491 (24h Changes: -5.8 %)
Positive News
NEAR establishes a Web3 center in South Korea and plans to expand in Asia
Source: Bitcoinworld
Wed, 02 Nov 2022 07:18:48
In order to strengthen its ties with blockchain projects in Korea and Asia, the layer 1 blockchain NEAR Foundation, a non-profit organization, has announced Wednesday that it is creating a Web3 center in South Korea.
COSMOS (ATOM)
Current Price: $ 13.13 (24h Changes: -5.73 %)
Current Market Cap: $ 3,839,772,583 (24h Changes: -5.85 %)
Negative News
Cosmos Asset Management Intends to Delist Crypto ETFs in Australia
Source:
Wed, 02 Nov 2022 06:19:23
Cosmos' bitcoin ETF was Australia's first such fund when it listed on Cboe in April.
POLKADOT (DOT)
Current Price: $ 6.21 (24h Changes: -4.21 %)
Current Market Cap: $ 7,247,389,244 (24h Changes: -4.22 %)
Negative News
Polkadot price analysis: Price function deflates down to $6.35 as bearish trend reinstates
Source: Cryptopolitan
Wed, 02 Nov 2022 11:43:56
Polkadot price analysis shows a downtrend in the market as the price function deflates down to $6.35. This bearish trend emerged as sellers regained control and the DOT/USD pair struggled to break above resistance at $6.54.
EVMOS (EVMOS)
Current Price: $ 1.79 (24h Changes: -9.76 %)
Current Market Cap: $ 604,487,012 (24h Changes: -10.12 %)
Positive News
Evmos, Connector of Cosmos and Ethereum Blockchains, Raises $27M in Token Sale
Source:
Wed, 02 Nov 2022 09:00:00
Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform
Neutral News
Evmos developers raise $27 million in a token sale led by Polychain
Source: The Block
Wed, 02 Nov 2022 10:52:58
Tharsis, the developers of Evmos blockchain, raised $27 million in a token sale round led by Polychain Capital. The post Evmos developers raise $27 million in a token sale led by Polychain appeared first on The Block.
