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Chainlink consolidates above $24 with strong support from the 20 EMA and rising on-chain activity. A bullish breakout above the $26.62 resistance could target the 67.80% Fibonacci level at $31.13. Transaction volumes surged 3x in recent days, with large transactions reaching $222.9M, signaling whale activity. Daily active addresses climbed from 3.91K to 5.31K, showcasing a…
The number of crypto ETF products in the market has grown remarkably. Nate Geraci believes this trend will not stop anytime soon. These crypto ETF filings mark a litmus test to judge the SEC’s pro-crypto shift. The cryptocurrency landscape is experiencing a significant shift as exchange-traded fund (ETF) issuers gear up to explore the boundaries…
Velar collaborates with Stacks, Ryder, and Arkadiko to fund the BTC Name Grant Program. The BTC Name Grant Program aims to unify the Stacks community and enhance its identity. Velar’s native token, VELAR, sees a significant increase in market volume and price. Velar, a decentralized exchange protocol for Bitcoin, has rolled out the BTC Name…
Bitcoin price could be evolving to a macro consolidation structure amid rising possibilities of a sell-the-news event following Trump’s inauguration. Whale investors have continued to relentlessly accumulate more BTC despite the short-term volatility and market uncertainties. After rallying to a new all-time high (ATH) of about $109K on Monday during the 2nd inauguration of pro-crypto…
The Declining TVL and large transaction volumes indicate a weakening Polygon network, adding to bearish pressure. If POL closes below $0.39, expect a potential 28%-40% drop toward $0.2916 or even $0.23. Holding $0.39 support and breaking above $0.46 could push Polygon to $0.6238. With a recovery in BTC price crossing over the $105,000 mark, Polygon…
BoJ raised interest rates to 0.5% after 17 years, driven by 3.6% CPI, exceeding 3.4% expectations. Bitcoin and major altcoins gained 3-6%, with Bitcoin at $105,108 and Ethereum at $3,394. Altseason Index above 53, investors expect 500% surge in altcoins, with potential $6.48 trillion market cap. For the first time in 17 years, the Bank…
Spanish law enforcement agencies have frozen $26.4 million in illicit crypto funds. The authorities partnered with Tron, Tether and TRM Labs to achieve this feat. There is a growing effort to combat crypto crime in the industry. Spanish law enforcement agencies have taken significant action against international financial crypto crime in partnership with blockchain giants…
Massachusetts is the next state to consider a strategic Bitcoin reserve initiative. Sen Peter Durant filed the proposal with potential to loan out the assets. At the Federal level, the United States is also exploring the BTC reserve option. The Massachussetts Allocation for Bitcoin Reserve Hong Kong, Germany, And Texas Pursues Strategic Bitcoin Reserve
Venice AI Token’s rapid rise is driven by exchange listings and airdrop, boosting visibility despite a price dip. Bitcoin’s investment debate intensifies, with discussions on its role as a store of value and venture capital involvement. XRP Ledger’s future growth prospects remain strong, with Ripple’s new partnership to tokenize US Treasuries. Market intelligence platform Santiment…
ABN AMRO, in partnership with 21X, has successfully completed a blockchain-based pilot that tested tokenized securities on Ethereum. The trial demonstrated Ethereum’s capacity for improving financial systems by reducing settlement times and eliminating costly intermediaries. The tokenized securities were settled using stablecoins, illustrating the practicality of blockchain for financial markets. . In a bid to…