Institutional investors like Grayscale and Bitwise have increased their Chainlink (LINK) holdings significantly, with Grayscale's ETF acquiring over 1 million LINK worth $12.12 million in 18 days. Chainlink's strategic reserve also added 91,100 LINK, boosting total reserves to nearly 5.86 million LINK valued at $67.24 million. Despite a recent price pullback to around $11.50, LINK remains above a key $11 support level, suggesting potential for recovery if this zone holds. Whale activity and ETF inflows indicate sustained demand, but technical indicators show weakening buying strength, making the $11 support crucial for LINK's next upward move.
Dogecoin (DOGE) and XRP have market value to realized value (MVRV) ratios below 1.0 for coins active in the past year, indicating average unrealized losses among those coins. DOGE's MVRV is about 0.74, signaling a larger shortfall than XRP's 0.92. In...
Six blockchain organizations, including the Cardano Foundation, have jointly requested the US SEC to formally include the definition of "digital commodity" in the binding text of its proposed Regulation Crypto Assets rule. This move aims to provide l...
On October 20, Zcash (ZEC) spot ETFs attracted $1.61 million in net inflows, standing out as the only altcoin ETF to gain fresh capital. Meanwhile, Solana (SOL), Hyperliquid (HYPE), and NEAR spot ETFs experienced net outflows, with SOL extending its ...
Chainlink (LINK) closed at $12.32 on October 20, up 2.2% from the previous day, following withdrawals of 246,800 LINK from Binance to an unidentified address over four days. These tokens were worth about $3.01 million at the time of transfer. The rec...
Kamino, a lending protocol on Solana, has completed a security review of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and found it secure enough to support cross-chain collateral. This approval allows assets transferred via CCIP to qualif...
