Chainlink Unlocks $215M in LINK Tokens, Deposits $208M to Binance
In the past 20 hours, Chainlink unlocked 18.75 million LINK tokens (worth $215M) from four noncirculating supply contracts. Here's how the tokens were allocated:
18.125M LINK ($208M) was directly deposited to Binance.625K LINK ($7.18M) was sent to a multi-signature wallet (address 0xD50) for distributing staking rewards.
Key Details:
Chainlink has been unlocking LINK tokens every 3 months since August 2022, releasing a total of 145.75M LINK ($1.5B). Of these, 126M LINK ($1.28B) has been deposited to Binance at an average price of $10.133.Despite these massive unlocks and exchange deposits, the price of LINK has remained stable, or even seen slight increases after each unlock.Chainlink still holds 372.75M LINK ($4.26B) across 24 noncirculating supply contracts, signaling more potential future unlocks.
#LINK #link $LINK
{future}(LINKUSDT)
Totally in Consolidation phase $NEIRO , $PEPE , $DOGS , #SOL and #10000SATS ..
NEIRO and DOGS experienced slight declines. NEIRO dropped -1.37% to $0.00079730, which could indicate a potential consolidation phase before a possible recovery. DOGS, down by -0.20% at $0.0009288, remains relatively stable, showing minimal price action.
Finally, SOL saw a modest increase of +0.52%, now priced at $148.45, indicating steady growth and consistent market interest. Overall, ARDR and 1000SATS present the most bullish trends, while NEIRO and DOGS could be monitoring for potential buy-in opportunities after their declines.
Similarly, PEPE is up +1.97%, now trading at $0.00000828, maintaining a positive trend that shows consistency in market demand.
Meanwhile, 1000SATS has also posted a respectable gain of +4.30%, reaching $0.0003082, which signals steady upward movement and potential opportunities for both short-term gains and long-term positioning.
#pepe⥠#dogs #NeiroOnBinance
Ripple CLO Highlights 4 Key Takeaways From SEC Testimony
Ripple CLO Stuart Alderoty commented on Lee Reiners' September 18, 2024, House Financial Services Committee hearing. The Duke University instructor criticized the crypto business and backed SEC enforcement but recognized the agency's limits.
Ripple CLO Highlights Reiners' Testimony Takeaways
Reiners was a âpro-SEC/anti-crypto witness,â but Alderoty remarked on X (previously Twitter) that his evidence highlighted the SEC's weaknesses. The Ripple CLO summarized Reiners' words into four main points.
Reiners first noted a major crypto spot market regulation gap. The SEC supervises securities and the CFTC derivatives, but neither governs crypto spot markets.
Reiners said Congress must rectify this gap. He also stressed government accountability for exchanges. Alderoty agreed that only Congress can narrow the gap, citing crypto industry fears over spot market regulation.
Second, Reiners' evidence addressed decentralization, notably securities legislation. Alderoty stated that the law professor recognized decentralization's regulatory limitations. Reiners mentioned a âmystical decentralization threshold,â which crypto enthusiasts disputed.
The Ripple CLO cited former SEC Director William Hinman's controversial 2018 remarks. This showed that decentralization might turn certain digital assets into non-securities.
Third, Alderoty highlighted Reiners' Howey Test comments. Reiners ruled that âorange grovesâ in the Howey case are not securities. Investments must be âpackaged with a management contractâ to qualify as securities.
Alderoty said this knowledge was crucial to Ripple's SEC lawsuit. The blockchain payments company has maintained that its cryptocurrency, XRP, is not a security since it was promoted as an investment.
Last Argument
Reiners' testimony concluded with âSEC chairs come and go.â Alderoty noted this. This comment noted that regulatory leadership is temporary and stated that new leadership might change the regulatory landscape.
#Ripple #XRP $XRP
{spot}(XRPUSDT)
$CATI /USDT
Spot and Resistance in Trading
Spot and resistance levels are key concepts in technical analysis, widely used by traders to make informed decisions. The "spot" price refers to the current market price at which a particular asset, such as a stock, commodity, or currency, is bought or sold. Traders use this as a reference point for determining market conditions and assessing potential entry or exit points.
Resistance, on the other hand, is a price level where an asset struggles to rise above. It often represents a psychological barrier where traders expect a downturn due to high selling pressure. When an asset's price approaches resistance, many traders sell, anticipating that it wonât break through the level. However, if the price does break the resistance, it often signals strong buying momentum and could lead to a rally.
Spot price and resistance levels help traders develop strategies. By analyzing historical data, traders can anticipate potential resistance points, using them to set stop-loss orders or take profits. Identifying these levels is crucial for managing risk and maximizing returns in a volatile market. Understanding spot and resistance can give traders an edge in navigating market trends efficiently.
#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #BTCReboundsAfterFOMC #FOMC
{spot}(CATIUSDT)
đš URGENT UPDATE: How to Earn Free Money from DODO đš
DODO, a decentralized exchange (DEX) with innovative features, has established itself as a standout in the crypto space. By focusing on cutting-edge product offerings, community involvement, and strategic collaborations, DODO is positioned for impressive growth.
DODO offers several standout features:
One-Click Token Issuance: This tool allows new projects to create tokens seamlessly across multiple blockchains, lowering the barriers to entry.
Self-Initiated Mining: Users can launch their own mining pools, encouraging a decentralized approach to liquidity, which can lead to earning rewards.
Pegged Pool: This feature allows for the creation of pools pegged to specific assets, offering a more stable trading environment.
Meme Platform: A soon-to-launch platform dedicated to meme culture, potentially drawing a large and diverse audience, offering further opportunities for engagement and rewards.
These features support a range of use cases, from token launches and liquidity provision to stablecoin trading and meme-related activities. DODOâs platform allows users to earn through liquidity provision and participating in new projects.
DODOâs Growth in the Meme Sector
As the meme coin trend continues to rise, DODOâs multi-chain one-click token issuance and upcoming Meme platform position it well to attract attention from this growing sector. With meme coins often launched quickly and having a short lifespan, DODOâs ease of use makes it particularly appealing for such projects, opening up earning opportunities.
Supporting BTCFi and Meme Coins
DODOâs features offer strong support for BTCFi assets and meme coins:
One-Click Token Issuance: Enables the quick launch of BTCFi assets and meme coins.
Self-Initiated Mining: Users can create liquidity pools to support these assets and earn rewards in return.
DODOâs Competitive Edge
Compared to other DEXs, DODOâs relatively low market cap and strong institutional support provide it with substantial growth
#DODOEmpowersMemeIssuance
DON'T INVEST YOUR INCOME IN WRONG CRYPTO BUT DON'T WAIT WHEN YOU HAVE RIGHT OPTION LIKE ..........
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1. $DODO offers features like one-click token issuance, self-initiated mining, and Pegged Pools, simplifying token creation and liquidity provision across multiple chains.
2. The booming Meme sector and DODOâs Meme platform are poised to attract significant traffic by enabling efficient meme token launches.
3. DODOâs tools, including token issuance and Pegged Pools, support the development of BTCFi assets and meme coins by facilitating liquidity and stablecoin trading.
4. DODOâs lower market cap, combined with backing from top institutions, gives it substantial growth potential compared to larger platforms.
#CATIonBinance #BTCReboundsAfterFOMC #moonbix #DODOEmpowersMemeIssuance
$MANTA #MANTA đ
@Manta Price Predictions in the coming cycle. đŻ
RECENT #BULLISH NEWS:
âïž U.S SEC approves option for Blackrock's spot #Bitcoin ETF.
âïž Microstrategy @Saylor are aggresively buying all $BTC.
âïž FED announced 50BPS rate cut after 4yrs.
âïž US Elections in November signalling a Bullrun like 2020. Analyst says if Donald Trump win, #BTC will rally to $150,000.
âïž Blackrock, Fidelity, Grayscale, and #ArkInvest are nonstop buying Bitcoin in the last month.
âïž Whales and Institution are seen buying more $BTC, while retailers are selling.
This is the last shakeout and time for accumulation before #Bitcoin send to $150,000 and we will see some breakout in #UPTOBER #PUMPTOBER and #Altcoins will rally 20-100x .
My best bet this cycle is $MANTA....
Manta Network (MANTA) Current Market Status:
âą Current Price : $0.7950
âą 24H Price : 5.80% UP
âą Marker cap : $300,055,450
âą Circulating Supply : 379,044,831 Manta
âą All Time High : $4.08 (03-13-24)
âą All time Low: $0.55 (08-05-2024)
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) are all showing bullish uptrend despite weak or low volume.
Comparison of $MANTA with $BTC and $ETH
As you can see on the above chart, we can interpret that the price action of MANTA is similar to the price action of BTC and ETH. That is, when the price of #BTC and #ETH increases or decreases, the price of MANTA also increases or decreases respectively.
ANALYSIS: IMO, I highly consider Manta Network as a one of the best investment in 2024. With all the current news, BTC and ETH is very bullish and Manta Price tends to follow as it's price action is correlated to BTC and ETH.
Furthermore, with future upgrades and advancements in the Manta Network ecosystem, $MANTA might surpass its current all-time high ATH of $4.08 and mark its new ATH.
there is also an #Altseason which push every utility alts to 20-100x.
#MantaPacific #Bulls
{future}(MANTAUSDT)
{future}(BTCUSDT)
{future}(ETHUSDT)
GOLD HITS NEW ATH, BUT BITCOIN'S STILL THE MVP IN 2024
So, check this out: gold hit a new ATH at $2,622, racking up a solid 27% gain this year.
It's getting all the hype from global chaos and central bank buys, but donât sleep on Bitcoin!
It kicked off 2024 at around $42K, blasted to nearly $74K, and now it's chilling at $63K, giving it a sweet 50% gain.
So, while gold's shining bright, Bitcoin's still got the upper hand in the performance game.
Itâs wild to see how digital assets are holding strong in this crazy market!
MicroStrategy's #Bitcoinâ holdings have surpassed 250,000 BTC, according to Odaily. The company has accumulated 98,420 BTC over the past 12 months. From August 2020 to 2021, there was a significant increase in MicroStrategy's Bitcoin holdings, with a growth of 105,090 BTC.
#Crypto #BTCReboundsAfterFOMC #Binance
$BTC $ETH $XRP
$SOL , $DOGS , $ARK and #CATI Totally stuck today .. No Sharp movement .. A little pump and then Dump ..
In todayâs hot coin rankings, ARK shines with a remarkable performance, seeing a surge of +10.43%, currently priced at $0.5030. This substantial gain indicates a bullish sentiment, likely driven by strong market interest and momentum. Traders looking for potential entries might consider this upward trend, but caution is advised as the price approaches resistance levels. On the flip side, SOL has dipped slightly, showing a -0.72% drop, settling at $147.45. While the dip isn't significant, it might signal short-term consolidation, providing a potential opportunity for long-term holders to accumulate.
Meanwhile, CATI has faced a sharp decline of -11.08%, now priced at $0.9324. This considerable drop could suggest either a correction or a potential buying opportunity for traders who anticipate a rebound. Lastly, DOGS remains relatively stable with a minor decline of -0.23%, trading at $0.0009246. Despite the drop, the small percentage change shows that it remains relatively unaffected by major market shifts. Overall, ARK presents the most notable gain, while CATI offers a potential bounce-back opportunity for risk-seeking traders.
#SolanaUSTD #dogs #CATIonBinance #BinanceLaunchpoolHMSTR