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According to on-chain data, 11 recently established wallets have taken out a total of 1.567 million LINK, or about $19.8 million, from Binance over the last three days. The timing and composition of these withdrawals are more significant than their total amount. LINK getting strongerIn terms of mark…
On Wednesday, a bipartisan meeting of the Senate Banking Committee, led by Senator Tim Scott, offered a cautiously optimistic outlook for discussions surrounding the anticipated crypto market structure bill. Despite the absence of any markup hearings scheduled for this week, industry representatives…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday! Another spot XRP ETF hit the U.S. market this morning as 21Shares joined Canary, Bitwise, Grayscale, and Franklin Templeton in a fast-growing product class that's nearing $1…
The first Chainlink ETF on American soil marks a major step toward institutionalizing access to Chainlink’s oracle technology via a regulated investment vehicle.
Global crypto investment products managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares witnessed net inflows of $716 million last week, according to CoinShares' data.That marked the second consecutive week of net inflows after attracting $1.07 billion th…
Cryptocurrency investment products maintained upward momentum last week, logging two consecutive weeks of gains following substantial outflows.Crypto exchange-traded products (ETPs) attracted $716 million in inflows, adding to the previous week’s gains of $1 billion, European crypto asset manager Co…
Grayscale’s launch of the first US spot Chainlink exchange-traded fund (ETF) drew strong interest on its first day of trading, suggesting investors still have an appetite for regulated altcoin products despite a broader crypto market slump.Grayscale’s Chainlink ETF debuted with $41 million in cumul…
Axis, a quantitative yield protocol aiming to bring institutional trading strategies onchain, has raised $5 million in a private funding round led by Galaxy Ventures.The round was four times oversubscribed, signaling what the team describes as increasing institutional demand for yield infrastructure…
Former SEC Chair Gary Gensler, now a professor at MIT, has repeated his tough stance on crypto in an interview. He warned that most cryptocurrencies are still “speculative and volatile,” offering no real value or clear purpose. However, he hinted at one major digital asset that stands apart. Let’s s…
Chainlink Price surged 18%, trading near $14.38. The uptrend came right after the launch of the first U.S. Chainlink ETF.Crypto analysts are also noticing early breakout signs on the chart and believe LINK could be gearing up for a strong rally toward $47.Grayscale Launches First US LINK ETF On Dec…
ETHConf brings together many top Ethereum projects, including Chainlink and Defiant. Large conferences are often good for spreading news and making new partnerships. If important updates or partnerships are announced, prices may move quickly. However, most conferences do not give direct price jumps …
Market analyst Gain Muse notes that Chainlink (LINK) is stabilizing near $13, forming a recovery structure within a descending channel.