Whales Accumulate Chainlink Amid Weekly Dip, Show Confidence in LINKs Long-term Potential
Chainlink (LINK) briefly dropped to
Chainlink (LINK) briefly dropped to $20.1 during the weekend before recovering to a little over $23. The latest dip extended its weekly losses to almost 22%. This prompted many whales to accumulate the token. There has been a noticeable increase in the holdings of wallets containing between 10 million and 100 million LINK coins, rising from approximately 475.79 million to 479.78 million within a short period.
Could the US Reduce Its National Debt By 35% in 24 Years? VanEcks Report Says Yes, With One Condi...
According to a report by
According to a report by asset management firm VanEck, the United States could potentially reduce its national debt by 35% within 24 years by establishing a reserve of 1 million Bitcoin. This projection aligns with a proposal introduced by Senator Cynthia Lummis. VanEck’s analysis assumes Bitcoin will grow at a compounded annual growth rate (CAGR) of 25%, reaching $42.3 million per BTC by 2049.
Japanese Companys Cryptocurrency Portfolio Skyrockets Following US Expansion
Japanese cryptocurrency firm Metaplanet has
Japanese cryptocurrency firm Metaplanet has significantly expanded its crypto portfolio following its recent US market debut. On December 23rd, the company announced that it had purchased 619.70 BTC for 9.5 billion yen ($60.7 million), increasing its total Bitcoin holdings to 1,761.98 BTC, currently valued at $169.2 million.
The acquisition came soon after
The acquisition came soon after Metaplanet raised 9.5 billion yen from EVO Funds through a dua
The price of Ripple (XRP) is currently trading within a range of $1.8 to $3, experiencing consolidation after facing rejection at the $3 resistance level. The cryptocurrency has been fluctuating within this range due to increased volatility following the rejection. Recent price action suggests that a breakout from this range is necessary to determine the next significant trend for XRP.
If the price breaks above the resistance level, it may signal a bullish uptrend, wh
Cardanos Bullish Consolidation Phase: Can ADA Reclaim $1 Soon?
Following a recent rejection at
Following a recent rejection at the $1.3 resistance level, Cardano faced significant selling pressure which resulted in a sharp decline. However, the price has since found support at a critical level, indicating a potential mid-term bullish consolidation phase. Technical analysis suggests that while there may be some resistance near the $1.3 mark, the likelihood of a new rally towards that level is high.
The cryptocurrency Bitcoin has been experiencing an ascending consolidation phase near its critical $108K resistance level, recently facing a sharp decline. Despite this, strong support zones suggest a potential for a short-term bullish rebound. Technical analysis indicates that the daily chart shows Bitcoin trending upwards within a multi-month bullish channel, with a recent rejection at $108K causing a sharp decline to the channel’s middle boundary near $95
Is Another Parabolic Rally on the Horizon for Dogecoin? History Suggests YES!
The article discusses how Dogecoin’s
The article discusses how Dogecoin’s price surged significantly after the US presidential election in 2020, reaching a peak of $0.485 on December 8th. Despite maintaining the $0.4 level initially, it experienced a sharp decline of approximately 40% last week due to the broader market crash. The author compares this situation to similar events in 2017 and 2021, where Dogecoin had similar retracements before experiencing massive bull runs.
Donald Trumps Surprise Move: Nominates Pro-Crypto Economist and Appoints Crypto Council Head
US President-elect Donald Trump appointed
US President-elect Donald Trump appointed economist Stephen Miran to lead the Council of Economic Advisers and Bo Hines as executive director of the newly formed Crypto Council on December 22nd. The appointments indicate Trump’s continued support for the crypto sector. Miran, a known advocate for financial deregulation and innovation, shares positive sentiments towards cryptocurrencies.
Meanwhile, Hines will collaborate with David Sacks to promote grow
Cryptocurrency Prices Surge: Binance News Sparks Massive Gains for BIO, URO, and DRUGS!
According to BlockBeats news, on
According to BlockBeats news, on December 23rd, there was a significant increase in the prices of three cryptocurrencies – RIF (up by over 40%), URO (up by over 35%), and DRUGS (up by over 150%) – which may have been influenced by the announcement about the launch of Binance Launchpool’s project called Bio Protocol (BIO).
Hyperliquid: a Platform Under Fire or a Crypto Gem Worth Investing In?
Binance Alpha announces fifth batch of projects; discussions on Hyperliquid’s safety concerns due to potential North Korean hacker activity; Ethereum L2 TVL drops by 13.2% in seven days; some AI project tokens like FAI and GAME reach record highs; HIVE rises over 17% in the short term.
North Korean Hackers Target Top Crypto Exchange HyperLiquid, Sparking Massive $60M USDC Outflow
HyperLiquid, a layer-1 blockchain and
HyperLiquid, a layer-1 blockchain and decentralized exchange for perpetual futures (perps), has seen a significant outflow of the USDC stablecoin amid speculation that North Korean hackers may be interacting with the platform. This is based on a post by X’s pseudonymous observer Tay, who tracks threats posed by North Korea to crypto protocols.
According to Hashed Official’s Dune-based
According to Hashed Official’s Dune-based tracker, $60 million worth of
Cryptos Future: Why Broker Licenses Are Crucial for Safer Trading
Crypto.com’s recent purchase of an
Crypto.com’s recent purchase of an Australian broker license signals a positive shift towards greater regulatory oversight in the cryptocurrency industry. As CEO of Yellow Network, Louis Bellet emphasizes the importance of proper broker infrastructure and licensing for protecting retail investors. He argues that simply having a VASP (Virtual Asset Service Provider) license and compliance policies is insufficient, especially given recent high-profile incidents
Bitcoins Price Recovery Stalls At $96K Amid Gloomy Altcoin Landscape
Despite recent struggles, Bitcoin’s price
Despite recent struggles, Bitcoin’s price remains above $96,000 and its market capitalization stands at $1.9 trillion on CoinGecko. Altcoins like XRP, ADA, and AVAX are also experiencing losses, with most in the red on a daily basis. AAVE is the only exception among larger-cap alts with a notable price surge.
The cumulative market capitalization of all cryptocurrencies has dropped to $3.46 trillion due to the broader correction.
According to BlockBeats, on December 23rd, ZENT’s price increased by over 14% within 24 hours, reaching $0.0305 per unit. In April, GuildFi, a blockchain gaming alliance, changed its name to Zentry and revealed plans to develop a unified Superlayer that would reward various types of gamers across different blockchains.
As part of their rebranding efforts, Zentry introduced a new token called ZENT, which holders of the previous GuildFi token (GF) on Ethereum
“SEC Charges Subsidiary of Jump Crypto for Alleged Role in TerraUSD Stablecoin Fraud”
The Securities and Exchange Commission
The Securities and Exchange Commission (SEC) has charged Tai Mo Shan Limited, a subsidiary of Jump Crypto, with deceiving investors about TerraUSD (UST). The regulator alleges that Tai Mo Shan took part in trading activities meant to give the impression that UST’s advertised algorithm could sustain its price alone.
However, when UST lost its
However, when UST lost its peg in May 2021, Terraform Labs enlisted Tai Mo Shan’s help to buy more than $20 millio
Michael Saylor Proposes Framework for US & Dollar Leadership in Global Digital Economy
Michael Saylor, CEO of Microstrategy, proposes a plan to make the US and the dollar dominant in the global digital economy. His strategy includes defining digital assets, creating a simplified responsibility model, and setting standards for their issuance.
“Revolutionize Your Business With Aelf’s Groundbreaking AI-Enhanced Layer 1 Blockchain and Open-S...
aelf, a leading AI-enhanced Layer
aelf, a leading AI-enhanced Layer 1 blockchain network based in Singapore, has introduced “aevatar intelligence,” an open-source framework for building and deploying powerful AI agents with simplicity and ease. The platform eliminates complexity, unites ecosystems, and makes AI accessible to everyone by leveraging multiple large-language models (LLMs) and allowing external developers to integrate their preferred LLMs.
“Crypto.com’s Acquisition of an Australian Broker License Signals the Need for Proper Regulatory ...
Crypto.com’s recent acquisition of an
Crypto.com’s recent acquisition of an Australian broker license signals a positive shift towards improved regulatory compliance within the cryptocurrency industry. According to Louis Bellet, CEO of Yellow Network, this development marks the recognition that basic broker-dealer regulations cannot be ignored in crypto trading.
He argues that traditional financial
He argues that traditional financial infrastructure provides greater protection for investors,
Binance’s HIVEUSDT Perpetual Contract Launch Boosts HIVE Price By 17%
On December 23rd, BlockBeats reported that due to Binance’s announcement of launching a HIVEUSDT perpetual contract, the price of HIVE increased by over 17%, reaching a temporary high of $0.363.