Exchange supply levels for LINK continue to decline, following the same movement that began a few years ago. With profits and open interest at sky-high levels, will this ignite the next market upswing, or is there more to the story? Exchange Reserves Drying Up According to data from CryptoQuant as of the time of writing,
Summary A weaker dollar, safe-haven demand, and Fed rate-cut forecasts all helped gold soar to about $3,490/oz, its highest level in four months. Future U.S. data (ISM, JOLTS, ADP, and NFP) will be crucial; while resilience in wages or services could restrict gains, poorer labor numbers could drive gold higher. With bullish momentum still present
Key Takeaways Tron’s active addresses topped 2.5 million after reducing network fees by 60%. The fee cut is aimed at boosting user adoption and maintaining Tron’s dominance in stablecoin transactions. Share this article The Tron blockchain recorded roughly 2.5 million active addresses over the past 24 hours, giving it a lead over major networks, according
Binance has named SB Seker as its new regional head for Asia Pacific. He brings two decades of experience in legal, compliance, and financial policy roles, including past work as a litigator in Australia and as a lawyer at the Monetary Authority of Singapore. His background fits well with the environment Binance finds itself in
The most detrimental trend in crypto continues to wreak havoc on the industry, with each month seeing an increase in severity for users and institutions. Crimes continue to evolve in complexity and type, making it increasingly difficult to react promptly and minimize losses. Rise in Numbers Blockchain security firm PeckShield released its report from last
The Hong Kong Monetary Authority’s call for stablecoin issuers has triggered a modern-day gold rush, with 77 diverse firms staking a claim. However, the regulator has embarked on a deliberate winnowing process designed to separate truly viable projects from mere aspirants in a bid to ensure market stability. Summary Hong Kong Monetary Authority received 77
Key Takeaways World Liberty Financial launched its WLFI token with an initial valuation exceeding $30 billion. The project operates on Ethereum, has backing from Donald Trump, and its USD1 stablecoin is expanding across multiple chains. Share this article WLFI, issued by Trump-backed DeFi firm World Liberty Financial, went live on leading exchanges today at $0.3,
With the SEC’s mid-October decision on spot ETFs looming, the XRP price is trading near a technical inflection point as analysts adjust their XRP price predictions. Support for XRP price remains firm at $2.70, while resistance in the $3.00–$3.30 band will likely decide if one of September’s top cryptocurrency rallies extends. Should XRP bulls push
August’s weak close has revived worries that Bitcoin’s downturn could extend into September, a period that often proved unfavourable for the asset. However, recent on-chain indicators suggest that underlying market strength remains intact despite recent bouts of volatility. Bitcoin’s Next Leg Up One key indicator, Delta Cap, currently stands at $739.4 billion, with a corresponding
The Cronos crypto price prediction has been a major topic of discussion after CRO, the native token of the Cronos blockchain, experienced an explosive rally last week. Following the announcement of a SPAC merger involving Trump Media and Crypto.com, Cronos crypto price went parabolic — soaring to its highest level since May 2022. CRO made