Chainlink (LINK) surges 36.55% in seven days, reaching its highest level since January 2022. Despite bearish sentiment, indicators suggest further growth potential. Weighted Sentiment shows retail investors haven't joined the rally, and Coins Holding Time reveals growing investor confidence. The IOMAP indicates strong support between $22 and $25, with a potential rise to $30 if buying momentum continues. However, a shift in selling pressure could push LINK below $20. #Chainlink #LINK #Crypto #PriceAnalysis
Caroline Crenshaw's re-nomination to the SEC is under scrutiny due to her perceived hostility towards cryptocurrency. Her alignment with Gary Gensler and her dissent on Bitcoin ETF approvals have drawn criticism. The Senate vote on her nomination could shape future crypto regulation, with potential resistance from the Republican-controlled legislature. Trump's promised reforms add to the regulatory uncertainty. #SEC #Crenshaw #Crypto #Regulation #Trump
BlackRock significantly increased its Bitcoin holdings by $750 million, signaling confidence in BTC's long-term prospects despite recent volatility. This move helped Bitcoin retest $100,000 after a brief drop. The Spent Output Profit Ratio (SOPR) indicates that short-term holders have the upper hand, suggesting potential price increases. Technically, Bitcoin is in a symmetrical triangle pattern, with a possible bullish breakout. The Chaikin Money Flow (CMF) shows notable buying pressure, which could drive BTC to $103,649 or even $110,000 in a highly bullish scenario. However, if institutions continue to sell, BTC could decline to $93,378. #Bitcoin #BTC #BlackRock #Crypto #PriceAnalysis
Tether minted 2 billion USDT, totaling 19 billion since November 6, to provide liquidity amid Bitcoin's volatility. Concerns arise over transparency and reserve backing. Tether's CEO emphasizes strong backing and regulatory discussions. The minting strategy optimizes liquidity but may affect smaller blockchains and Ethereum congestion. #Tether #USDT #Stablecoin #Crypto #Liquidity
Dogecoin (DOGE) surges 128% in 30 days, marking its 11th anniversary. The Ichimoku Cloud chart shows mixed signals, with potential volatility. The ADX indicates weakening trend strength, and a possible death cross suggests a downtrend. DOGE could test support at $0.36 and $0.34, or fall to $0.219 if the downtrend continues. If bullish momentum resumes, DOGE could reach $0.48 or $0.50. #Dogecoin #DOGE #Crypto #PriceAnalysis #Ichimoku #ADX
AUSTRAC, Australia's financial intelligence agency, is cracking down on crypto ATMs to combat money laundering and crypto-related crimes. The regulator will scrutinize ATMs for legal compliance, focusing on ensuring operators meet obligations. This move follows similar actions by UK regulators and Australian law enforcement. AUSTRAC's initiative is part of a broader effort to reduce criminal use of cryptocurrency. #AUSTRAC #Crypto #ATM #Regulation #MoneyLaundering
Sushi DAO proposes diversifying its treasury by selling all SUSHI tokens and acquiring stablecoins and other assets. The move aims to reduce volatility risks and enhance liquidity. The proposal, led by Jared Grey, seeks community feedback before an official vote. If implemented, the treasury will consist of 70% stablecoins, 20% blue-chip crypto assets, and possibly 10% other DeFi tokens. The SUSHI token has recovered recently, up 130% in the last month. #SushiDAO #SUSHI #Crypto #DeFi #Treasury
Uniswap (UNI) surges past a $10 billion market cap, rising 80.44% in 30 days. The RSI at 67 signals room for growth, while the ADX at 39 confirms a strong uptrend. UNI could test $17.39 resistance and reach $20 if bullish momentum persists, with key support at $13.5. #Uniswap #UNI #Crypto #PriceAnalysis #MarketCap
Ethereum (ETH) surged to $4,089, its highest price in nearly three years, driven by significant institutional interest. US Ethereum ETFs saw their largest single-day net inflow of $428.4 million, led by BlackRock and Fidelity. The total weekly inflow reached $752.9 million, pushing the Fear and Greed Index to "greed." Ethereum ETFs now hold $12.5 billion, with growing institutional interest. The State of Michigan Retirement System became the first US state pension fund to invest in an Ethereum ETF. Other altcoins are also entering the ETF market. #Ethereum #ETH #Crypto #ETF #InstitutionalInvestment
The Czech Republic plans to exempt digital asset sales from capital gains tax if held for over three years, benefiting long-term holders. Transactions under 100,000 koruna annually will no longer require reporting. This aligns with global trends in easing crypto tax obligations, with varied policies across countries. Russia recently classified crypto as taxable property, while controversies like Roger Ver's tax evasion charges highlight ongoing regulatory debates. #CzechRepublic #Crypto #Tax #Regulation #Bitcoin
US spot Bitcoin ETFs now hold more Bitcoin than Satoshi Nakamoto, with a combined 1,105,923 BTC valued at over $109 billion. BlackRock, Grayscale, and Fidelity lead the ETF holdings, with significant corporate stakes held by MicroStrategy and national holdings by the US. Speculation about Satoshi's identity continues, with recent claims and controversies adding to the mystery. #Bitcoin #ETF #SatoshiNakamoto #Crypto #Investment
Pump.fun, a Solana-based meme coin launchpad, has restricted access for UK users following regulatory pressure from the FCA. The platform, known for tokens like PNUT and WIF, has faced scrutiny and challenges, including misuse of its live-streaming feature. The FCA's warning has led to service halts, with the regulator focusing on stablecoin regulations by 2026. Alternative platforms like PancakeSwap's SpringBoard and Virtuals Protocol are gaining traction. #Pumpfun #FCA #Crypto #Regulation #MemeCoins
James Howells, who lost 8,000 Bitcoin worth $800 million, attended a Welsh court to plead his case for searching a Newport landfill. The council argues that disposed items become their property, while Howells' legal team proposes a targeted excavation supported by experts. Howells' misfortune echoes Laszlo Hanyecz's Bitcoin Pizza Day story. The court's decision will determine if Howells can search for his lost fortune. #Bitcoin #BTC #Howells #Landfill #Crypto
ChainPlay reports that 93% of Web3 GameFi projects are dead, with an average value drop of 95% from all-time highs. The peak of GameFi enthusiasm in 2022 has waned, and even well-publicized airdrops haven't reversed the decline. While retail investors saw a 15% profit, VCs averaged 66%, with Alameda Research seeing a 713.15% ROI. Overall, GameFi investments have decreased by over 84% since 2022, highlighting the volatility and risks for individual users. #GameFi #Web3 #Crypto #Investments #VC
DC Wallet partners with AFC India to promote digital rupee adoption, targeting sectors like agriculture and education. The Reserve Bank of India tested the digital rupee on Ripple's XRP ledger, verifying its security and efficiency. This initiative aims to reach over 200 million users, focusing on India's unbanked and underbanked population. The partnership follows regulatory support for the digital rupee over traditional crypto assets. #DCWallet #DigitalRupee #CBDC #Ripple #XRP #Adoption
Today, $3 billion in Bitcoin (BTC) and Ethereum (ETH) options expire, potentially causing significant market volatility. Bitcoin options worth $2.29 billion expire with a max pain point at $97,000, while Ethereum options worth $581 million expire with a max pain point at $3,500. Bitcoin's recent correction to $97,693 was driven by overleveraged positions and profit-taking. Ethereum shows a bullish outlook with a put-to-call ratio of 0.63. Analysts caution about potential market pullbacks due to high funding rates and hedging against declines. #Bitcoin #Ethereum #Crypto #Options #Volatility
The European Central Bank (ECB) advances its digital euro project, aiming to reduce dependence on foreign payment giants. Key developments include a Digital Euro Rulebook, new workstreams, and partnerships with fintech companies. The digital euro could strengthen the eurozone's financial sovereignty and enhance cross-border functionality. However, the ECB faces regulatory and privacy challenges. #ECB #DigitalEuro #CBDC #Fintech #Regulation
Cardano (ADA) surged 264% in the past month but faces resistance at $1.20, indicating potential saturation. The MVRV ratio signals overvaluation, increasing the risk of profit-taking and a pullback. ADA's strong correlation with Bitcoin suggests it could benefit from BTC's bullish trend. If ADA breaks $1.20, it could rally to $1.50; otherwise, it may revisit $1.01 support. #Cardano #ADA #Crypto #PriceAnalysis #Bitcoin
Bitcoin experienced extreme volatility, with a flash crash triggering over $1 billion in liquidations. Nearly $900 million in BTC positions were liquidated, affecting 156,000 traders. Mt. Gox moved 3,620 BTC, adding to market uncertainty. Profit-taking and overleveraged positions contributed to the sell-off. Despite the turmoil, whales capitalized on the dip, with one accumulating 1,300 BTC. Analysts view this as a necessary correction, with Bitcoin trading at $98,404. #Bitcoin #BTC #Crypto #Liquidation #Volatility #Whales
GraFun Labs launches its "legendary memepad" on the TON blockchain, following integrations with Ethereum and other chains. This move aims to boost meme coin development on TON, which has been underrepresented despite its potential. DWF Labs supports GraFun, but their exact collaboration on this project is unclear. TON's recent initiatives and price rise make it a promising ground for meme coins. #GraFunLabs #TON #MemeCoins #Crypto #Blockchain