Trend Digest – Your Reliable Guide to Cryptocurrency News
Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
Chainlink (LINK) surged 6.5% in 24 hours, trading at $24.66. The price rally follows the launch of Data Streams on Scroll platform. Analysts expect LINK to target $26 to $27 if the current bullish momentum holds. Chainlink is currently trading at $24.66, marking a 6.5% gain over the past 24 hours. This rally coincides with…
Coinbase’s Conor Grogan uncovered 430 BTC linked to Silk Road founder Ross Ulbricht. Valued around $60,000 in 2013, these funds are worth over $45 million now. Ross Ulbricht received a full pardon from President Donald Trump on January 21 after more than a decade in prison. I found ~430 BTC across dozens of wallets associated…
Despite the Dencun upgrade, which lowered transaction fees for layer-2 networks, Ethereum’s revenue marked a 3% increase compared to 2023. Tron witnessed a 116.7% increase in fee earnings, reaching $2.15 billion, while Solana saw an extraordinary 2,838% surge, amid meme coin craze. Ethereum earned $1.17 billion in Q1 2024, its highest quarterly earnings in two…
Bitcoin ETFs in the US saw a massive capital inflow on January 21, reflecting renewed institutional confidence. BlackRock’s IBIT led the pack with a record-breaking $661.9 million inflow, reaffirming its dominance in the space. Other ETFs, including Fidelity’s FBTC and ARK 21Shares, added to the surge, while Bitwise’s BITB faced outflows. The influx of capital…
Litecoin consolidates at $118, forming an inverted head-and-shoulder pattern with a neckline at $138. Breakout targets extend to $165 and $208, with $150 as a key psychological resistance level. Large transaction volume on the Litecoin network surged by 100%, peaking at $10.35 billion. Strong EMA alignment and positive RSI trend bolster the recovery rally potential….
Investors have sold over 890,000 TON since Durov’s arrest. During this time, TON price has plummeted by 30%, with its market capitalization shrinking by 29%. Despite the downturn, accumulation indicators show rising investor interest since November. Since the arrest of Telegram founder in France on August 24, 2024, Toncoin has faced major turbulence in its…