A large transfer of 3.89 million Chainlink tokens worth $32.58 million from a Coinbase Institutional wallet to an unknown wallet has drawn attention to growing institutional interest in LINK. Exchange netflows turned positive with an inflow of about $620K, signaling more tokens moving onto exchanges after a long period of outflows, which may affect selling supply. Despite this, futures traders remain bearish, maintaining more sell orders than buys, creating uncertainty about LINK's short-term price direction. Currently, LINK trades near $8.35, testing resistance with technical indicators suggesting potential for further recovery if buyers push past this level, otherwise a pullback to $8.18 is likely.
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Chainlink (LINK) led the top 20 cryptocurrencies this week with a 10.18% price increase to $8.71, driven by a broad crypto market rally, a 12% drop in LINK supply on exchanges, and growing institutional adoption. Over 15.7 million LINK tokens left ex...
United Stables has integrated Chainlink as the official oracle and cross-chain infrastructure for its U stablecoin, which recently surpassed $1 billion in circulating supply and $2.5 billion in daily trading volume. The integration includes live Chai...
Chainlink’s LINK exchange reserves dropped by over 15.7 million tokens in a month, signaling strong accumulation as investors move tokens off exchanges. Large whale-sized trades dominate, indicating institutional confidence and long-term holding rath...
Chainlink's supply on exchanges fell by over 15.7 million LINK (12%) in the past month, signaling accumulation as investors move tokens off exchanges. This trend coincides with the DTCC's launch of its tokenization platform for U.S. securities, invol...
