Chainlink price soared to a 40-day peak of $16.7 on May 18, bringing its monthly gains to 34.7%, with on-chain data suggesting increased whale activity amid recent positive US macro indices. Chainlink Price Surges as Large Investors Move to Front-run Imminent Rate Cuts Chainlink is a world-leading blockchain oracle platform that integrates real-time price feeds…
Fantom disclosed that Ethereum would enable the token migration. While FTM’s price increased, reaching $1 could be challenging in the short term. Layer-1 blockchain Fantom [FTM] has disclosed a new set of important details as it approaches the final stages before the Sonic upgrade launch. For those unfamiliar, Sonic upgrade is the next iteration of…
In a recent string of high-profile transactions, an address suspected to be associated with the prominent market maker Wintermute has made significant purchases in the memecoin market. The blockchain analysis firm Lookonchain revealed the details in a tweet, highlighting substantial investments in MANEKI (MANEKI) and MICHI (MICHI), two Solana-based memecoins. According to Lookonchain, the address…
Bitcoin exchange-traded funds (ETFs) witnessed a significant net inflow of $222 million on May 17, 2024. This marks a positive trend for the entire trading week as Bitcoin’s price saw a substantial rebound of 10.3% over the past seven days. 🚨 $BTC #ETF Net Inflow May 17, 2024: +$222M! • The net inflow has been…
TL;DR XRP trades around $0.52, with some analysts predicting potential rises to $5.85, $18.22, and even up to $100, although extreme targets are unlikely. The ongoing lawsuit between Ripple and the SEC significantly affects the asset’s price, with the company’s partial court wins boosting optimism for a potential bull run. The Odds of a Ridiculous…
AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security. This series of blocks confirmed 20,686 transactions, resulting in over 23 BTC, valued at approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904, lasting one hour…
The crypto industry is popping champagne corks (or perhaps uncorking their digital wallets) after a surprise victory in the US Senate. On Thursday, the upper chamber voted 60-38 to repeal a controversial rule introduced by the Securities and Exchange Commission (SEC) known as SAB 121. The Regulators Reel Back The defeated rule would have forced…
The crypto industry is popping champagne corks (or perhaps uncorking their digital wallets) after a surprise victory in the US Senate. On Thursday, the upper chamber voted 60-38 to repeal a controversial rule introduced by the Securities and Exchange Commission (SEC) known as SAB 121. The Regulators Reel Back The defeated rule would have forced…
Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by 20% in 24 hours. A whale has dumped both WIF and POPCAT tokens at a loss. Dogwifhat ($WIF) and Popcat (POPCAT) are down double-digits in the past 24 hours as the overall…
APAC Dominates in Instant Payment Innovations The Asia Pacific region is leading the way in the adoption and implementation of instant payments, thanks to innovative technology, widespread smartphone access, and favorable regulations. This has positioned the region as a global pioneer in instant payments, facilitating easy access to real-time settlements….