Chainlink’s LINK token has experienced a significant surge in value, reaching a 24-month peak and pushing its market cap to a whopping $10 billion. This sudden increase in price has been attributed to the accumulation of over $50 million worth of tokens by crypto whales in recent days. Moreover, data from Glassnode charts reveals that
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Since mid-January, Bitcoin has been stuck in a sideways movement, breaking out of a parallel upward channel to the downside. However, the monotony might soon come to an end, as indicated by the Bollinger Band Width (BBW) indicator. The BBW is a derivative of the Bollinger Bands, which consist of an upper and lower band
ERC404, the latest token standard in the blockchain world, is making waves with its unique combination of features from both ERC20 and ERC721 standards. Since its introduction, the crypto community has shown great interest in this experimental standard, leading to an astonishing $87 million in trading volume on decentralized exchanges within the first week alone.
The cryptocurrency market has always been volatile, but the recent rally of newcomer meme coin Sponge has caught many by surprise. After its $SPONGE V2 relaunch on Polygon, the token has seen a staggering 69% increase in the last 24 hours, currently trading at $0.000932. For early investors who bought in at the initial launch
Institutional investors continue to flock towards the world of digital assets, with Bitcoin and Solana leading the way in terms of institutional inflows. According to a recent CoinShares report, Bitcoin witnessed a staggering $703 million in inflows last week, accounting for 99% of all flows into digital asset investment products. Surprisingly, Solana followed closely behind
Despite Dogecoin’s recent struggle to break through the $0.08 level, the popular meme coin has been experiencing significant growth in various network metrics. While its price has declined by 23% since its local peak on December 9th, the number of wallets holding more than 0 DOGE has been steadily increasing. In fact, the network has
Binance, the leading cryptocurrency exchange by trading volume, recently announced that it would be delisting two digital assets, Monero (XMR) and Multichain (MULTI), along with several other tokens. The delisting decision was made because these assets no longer met Binance’s listing criteria. As a result, XMR and MULTI experienced a significant decline in value. After
Grayscale CEO Michael Sonnenshein emphasized the importance of advocating for the development of a robust listed options market for spot Bitcoin exchange-traded funds (ETFs). In a statement on Feb. 5, Sonnenshein expressed his belief that it has never been more crucial to push for the approval of spot Bitcoin ETF options. The absence of listed
The partnership between GoDaddy and Ethereum Name Service (ENS) marks a significant milestone in the world of Web3. By allowing users to seamlessly link their .eth domains with traditional DNS top-level domains, this partnership eliminates the barrier of high gas fees. This article explores the implications of this collaboration and its potential to shape the
Bitcoin, the flagship cryptocurrency, finds itself at a critical juncture, as it hovers between potential upward and downward movements. Analysts are closely watching the current price action and utilizing various indicators to predict the next move of this influential digital asset. One such analyst, Eric Krown Crypto, recently shared his insights on Bitcoin’s future trajectory
