Chainlink (LINK) Surges 15%—Can It Keep Climbing? Chainlink (LINK) has seen a 15% surge in a single day, fueled by rising adoption and strong investor sentiment. The token, now trading at $24, has outperformed many altcoins, with analysts predicting further gains. Market data shows a significant 1,219% spike in large transactions, while new LINK addresses are at a two-year high, signaling fresh capital inflows. Traders point to long-term holders dominating supply, limiting sell pressure and potentially setting up a supply squeeze. Additionally, a strategic partnership with European DLT exchang
Canary Capital’s proposed spot Litecoin exchange-traded fund (ETF) has received a significant boost with its recent listing by the Depository Trust and Clearing Corporation (DTCC) in the United States. According to information from Nasdaq, the DTCC is a leading financial entity that offers essential services related to post-trade clearing and settlement. This ETF, designated under the ticker “LTCC,” is being viewed as a hopeful indicator as the company prepares for its potential launch, although it still awaits approval from the U.S. Securities and Exchange Commission (SEC). In addition to the
Pi Network’s token successfully launched today and reached the highest price of around $1.97. However, since then, the PI price went into a downtrend mode and is currently trading at around $0.70. This means that early miners and investors who sold PI coin today made a smart decision, at least until this point. What’s Behind the Price Drop? The price of Pi Coin took a sharp dive after its initial launch, and there are clear reasons why. Many early users who had been mining Pi for months decided to cash out when they saw the high prices. When lots of people sell at once, the price naturally goe
SEC member Hester Peirce, known as Crypto Mom for her positive approach to cryptocurrencies, has warned again about memecoins. This warning from Hester Peirce came on the same day that the memecoin called LIBRA was claimed to be a scam, while the SEC member stated that memecoin investors were not protected. Speaking on the Bankless podcast recently, the SEC member warned memecoin investors that they are on their own if they experience losses, noting that memecoins may fall outside the jurisdiction of the federal regulatory agency. Pointing out that memecoin investors should manage their risks
The spot ETFs of Bitcoin ($BTC) are going through a turbulent phase as their demand is decreasing. As per Julio Monero, CryptoQuant’s Head of Research, the demand for Bitcoin spot exchange-traded funds has plunged below the levels that were seen in these days during 2024. The crypto analyst discussed the present demand levels in the Bitcoin spot ETF market in comparison with their position last year. The analyst’s report explains that the present $BTC spot ETFs are seeing considerably lower demand levels. In this respect, he pointed toward the status of the demand in this market during 2024. H
Brazil is set to make waves in the cryptocurrency sector with the approval of its first exchange-traded fund (ETF) that features XRP. The Brazilian Securities and Exchange Commission (CVM) has given the green light for this fund, managed by Hashdex, to be listed on B3, the nation’s primary stock exchange. While the official trading date is yet to be confirmed, this move represents a significant milestone in Brazil’s evolving market for digital currencies. Why is XRP ETF Gaining Popularity? The XRP ETF, scheduled for launch on December 10, 2024, is rooted in the coin’s real-world applications a
The Dogecoin price is back in focus as analysts predict a major rally in the coming months. Some forecasts suggest that the Dogecoin price could hit $1.35 by mid-April, marking a sharp rise from its current $0.2629 price as the crypto market rebounds. If this happens, Dogecoin's price would surge 400%, reaching new all-time highs. This bullish outlook is also fueling interest in a rising competitor, a real-world asset (RWA) altcoin set for an 800% gain upon listing. Priced at just $0.011, this rival is attracting investors with its real-world utility and plans to reshape the $300 trillion real
US President Donald Trump continues to make moves that attract attention. At this point, Trump recently shared a post about Ripple on Truth Social and attracted the attention of the XRP community. Accordingly, Trump shared links to two articles about Ripple on Truth Social. The posts shared by Trump appeared to be related to comments made by Ripple CEO Brad Garlinghouse before Trump took office last month. Trump’s post, as expected, sparked positive reactions, especially among XRP supporters. Some users argued that the development could signal potential political or regulatory support for Ripp
Hi everybody! This time I explore the significant US economic data events in 2025 that could influence cryptocurrency market trends. Interest Rate Meetings: Interest rate decisions by the US Federal Reserve play a crucial role in crypto markets. Lower rates increase liquidity, encouraging investment in crypto and stocks, while higher rates restrict market growth. Key Federal Reserve meetings are scheduled for March, May, June, July, September, October, and December 2025. GDP Data Releases: GDP data is a key indicator of market liquidity and economic strength. A higher GDP suggests robust finan
BTC PRICE FORECAST Bitcoin's (BTC) recent price movements have captured the attention of investors and analysts alike. After reaching an all-time high of $109,000, the cryptocurrency experienced a pullback, testing the critical support level at $95,000. This level is pivotal for Bitcoin's (BTC) future trajectory. A famous analyst recently highlighted that Bitcoin's price is currently retesting the support line of an ascending channel after briefly dipping below $95,000, a move he termed a "False Break." This suggests that the ascending channel remains intact, and if Bitcoin (BTC) can hold t
The cryptocurrency market is closely connected to the US economy. Every economic event in the US can influence the crypto market. So, it is important to closely observe developments in the US market. Here are the key economic events the US market is going to witness this week. The US Building Permits, which measures the number of new housing permits issued, and Housing Starts, which tracks the actual construction of new houses, are the two key indices to be released on Wednesday. The Building Permits index declined from 1.49 million to 1.48 million in December. The consensus is that it will d
The cryptocurrency market is closely connected to the US economy. Every economic event in the US can influence the crypto market. So, it is important to closely observe developments in the US market. Here are the key economic events the US market is going to witness this week. The US Building Permits, which measures the number of new housing permits issued, and Housing Starts, which tracks the actual construction of new houses, are the two key indices to be released on Wednesday. The Building Permits index declined from 1.49 million to 1.48 million in December. The consensus is that it will d
Cardano’s latest news has stirred excitement in the crypto space, with ADA making significant strides in both market performance and institutional adoption. Grayscale’s recent filing for a standalone Cardano ETF has fueled optimism, signaling growing confidence in ADA’s long-term potential. Meanwhile, Swedish asset manager Virtune has launched an Avalanche and Cardano ETP on Nasdaq Helsinki, adding another layer of credibility to ADA’s position in the market. Despite these bullish developments, ADA’s price action remains a topic of debate. While the token has shown resilience, recent rallies
In a bold move that could reshape the crypto landscape, US President Donald Trump has openly signalled his support for cryptocurrency, igniting a fresh wave of excitement across the industry. This announcement has set the market ablaze, with the AI crypto FloppyPepe (FPPE) tipped to lead this next wave of the crypto market.
In a bold move that could reshape the crypto landscape, US President Donald Trump has openly signalled his support for cryptocurrency, igniting a fresh wave of excitement across the industry. This announcement has set the market ablaze, with the AI crypto FloppyPepe (FPPE) tipped to lead this next wave of the crypto market.
Ethereum developers have announced that the highly anticipated Pectra upgrade will launch on April 8. The launch date was disclosed on February 13 during the All Core Developers Execution (ACDE) Call #205. According to Tim Beiko, Ethereum Foundation Protocol Support Lead, the Pectra upgrade will first go live on the Holesky testnet on February 24 and Sepolia on March 5. On April 8, the upgrade will be completed when Pectra is activated on Ethereum’s mainnet. The increase of Ethereum’s blobspace from three to six blobs in each block is among the most important improvements in Pectra. By doing t
BTCUSD -1.93% Bitcoin prices reverse losses Inflation comes in hot
BTCUSD seesawed Thursday morning, extending the volatile swings from a day earlier when crypto traders reacted to the latest inflation data out of the US. Turns out, consumer prices are back where they were seven months ago — at 3.0% year-over-year growth, above the 2.9% expected.. The news wasn’t well received by Bitcoin maxis who rushed to sell their beloved token. Prices dipped to levels below $94,000 from $97,000. But it lasted only for a while.