[ad_1] Este artículo también está disponible en español. Chainlink (LINK) is currently experiencing significant momentum in the cryptocurrency market, leading to speculation that its value may increase to $30 in the near future. LINK, which is currently trading at approximately $13.45, has recently experienced a surge in price momentum, which is attributed to a number of critical factors that indicate additional upside potential. Related Reading Analysts especially find great interest in the technical framework of the token, whale activity, and more general market movements. Whale buildup, lower exchange supply, increased on-chain activity, and bullish derivatives data favor Chainlink. If the…
Author: dfrancis36
[ad_1] State authorities in China are now patching loopholes in the national confidentiality regulations after they discovered that one of their colleagues assigned in a confidential unit sold state secrets to foreign contacts to pay off its debt incurred from crypto investment losses. This incident prompts Chinese officials to assess their confidentiality system closely to address any weaknesses and prevent a similar situation from occurring. Leaking Confidential Information For Crypto China’s national security agency found that a public official working in a state-run confidential unit was found guilty of espionage, saying that the civil servant named Wang Moumou handed over…
[ad_1] Este artículo también está disponible en español. The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency. This bullish forecast comes on the heels of Bitcoin’s previous All-Time High (ATH) this month when it surpassed the $75,000 mark. Related Reading Bitcoin Price Peak Set Above $150k In just 2024, Bitcoin has reached three major all-time highs, making a historic move for the cryptocurrency. Earlier in March, the cryptocurrency crossed the $73,000 level, hitting a new ATH. A few days after the…
[ad_1] Bitcoin is on a record-breaking run, reaching new all-time highs for three consecutive days following Donald Trump’s victory in the US election and a recent 25 basis point rate cut by the Federal Reserve. This combination of political and economic shifts has fueled a renewed wave of investor interest in BTC, driving prices into uncharted territory. Top crypto analyst and investor Daan has shared an optimistic outlook, highlighting that BTC is now in price discovery mode with the potential for significant further upside to the $88,800 mark. As Bitcoin rallies to new highs, the current bull trend appears to…
[ad_1] Este artículo también está disponible en español. The momentum is on Bitcoin and crypto’s side, and it wouldn’t be surprising if the price surge continues until the end of the year. One of the biggest drivers of the current performance of Bitcoin is the election of Republican Donald Trump. Related Reading Trump’s rhetoric and friendly pronouncement on crypto helped propel the asset’s price past $76k, beating this year’s March record. Now, many market analysts remain bullish days after the US elections. Thomas Lee, CNBC contributor and the CIO of Fundstrat Capital, even pushed a bolder claim, saying that Bitcoin…
[ad_1] A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive protection from over-extending risk. For instance: In the lend/borrow…
[ad_1] Este artículo también está disponible en español. Cardano (ADA) has made a significant move, breaking above the long-standing $0.40 resistance and reaching a key supply level at $0.45 after an impressive 42% surge over the past few days. This breakout is sparking fresh optimism among investors who have been waiting for ADA to demonstrate sustained strength. According to recent data from Coinglass, ADA’s funding rate has risen to levels not seen since June, indicating strong demand and suggesting that this rally could only be the beginning of a larger trend. Related Reading This rising funding rate points to increased…
[ad_1] Este artículo también está disponible en español. The victory of Donald Trump in the US presidential election has been confirmed, leaving cryptocurrency investors speculating about the impact on Bitcoin’s price trajectory in the next four years. Interestingly, the market has already been given a taste of the possible effects. Related Reading In fact, the mere news of Trump’s win has pushed the Bitcoin price into uncharted territory. Since the announcement, Bitcoin has surged, reaching a recent peak of $77,239. According to a crypto analyst, the Bitcoin price has always rallied after US elections, but the price surge tends to…
[ad_1] Mark Uyeda, a commissioner at the US Securities and Exchange Commission (SEC), has expressed full support for US President-elect Donald Trump’s plan to end the hostility against the crypto industry. Interestingly, Uyeda has been touted as one of the potential replacements for SEC Chair Gary Gensler who is widely expected to be sacked upon Trump’s inauguration on January 2025. The SEC’s War On Crypto Must End, Mark Uyeda Says According to a recent report by Fox Business, Mark Uyeda has backed Donald Trump’s plan to establish a crypto-friendly environment in the US following the Republican’s victory at the Presidential…
[ad_1] The launch of the spot Bitcoin ETFs (exchange-traded funds) in January 2024 marked a perfect start to the year for the cryptocurrency industry. These crypto investment products were expected to walk the extra mile for the premier cryptocurrency, drawing in more investors into the digital assets space. BlackRock’s exchange-traded fund IBIT has been the leader of the pack — as expected, breaking records and attracting significant, fresh capital week in and week out. In one of those feats, the Bitcoin ETF has now surpassed BlackRock’s gold fund in terms of net assets. BlackRock’s Bitcoin ETF Exceeds $33 Billion In…