Chainlink's price has recently fallen below its 200-day moving average but is showing signs of a bullish reversal as it holds above the critical $7.20 support level for the third time. Sellers appear to be losing momentum, with reduced volatility and fewer liquidations indicating potential price stability. Additionally, Chainlink Spot ETFs have resumed inflows after a brief outflow, and the Chainlink Reserve has increased by over $4.60 million in June, creating a supply crunch. If the price maintains above $7.20, these factors could fuel a positive price movement in the near term.
Chainlink's price dropped from near $8 to around $7 following a sell-the-news reaction to Project Pangea and a major $11 billion crypto options expiry, which intensified selling pressure. Weak momentum indicators and a bearish channel suggest further...
U.S.-listed altcoin ETFs experienced mostly flat net flows on June 25, with notable outflows concentrated in Solana and Hyperliquid ETFs. Solana's outflows were driven by redemptions in Bitwise’s BSOL fund, while Hyperliquid saw declines in two of it...
Chainlink has become a critical infrastructure in global finance, with major institutions like SWIFT, JPMorgan, UBS, and DTCC adopting its cross-chain technology. Despite this widespread institutional use, the LINK token trades around $7, about 86% b...
Strategy (MSTR) faces over $13 billion in unrealized losses on its bitcoin holdings, exceeding the market value of many well-known cryptocurrencies like dogecoin, Monero, Cardano, and Chainlink. This massive paper loss highlights the risks of concent...
On June 23, U.S.-listed XRP spot ETFs saw a $2.05 million net inflow, led by Grayscale’s GXRP, while most other major altcoin spot ETFs recorded flat flows, indicating cautious investor demand. XRP ETFs remain a significant altcoin segment with $1.46...
