Two types of whale activity have rocketed on the Chainlink network, including a substantial LINK accumulation, which could point to a resurgence in the ecosystem and the native token’s price performance. Chainlink continues to improve in terms of Real World Assets development, increasing to the second position in Santiment’s recent ranking. LINK Whale Activity Blossoms […]
Movement Labs has filed for Chapter 11 insolvency protection in the U.S. Bankruptcy Court of Delaware. This follows months of controversy and a token scandal that left the network dealing with major financial issues. Movement’s Bankruptcy Timeline In its bankruptcy filing, the company said it has under 1,000 creditors, between $100,000 and $500,000 in assets, […]
The Digital Chamber has filed a lawsuit to block Illinois’ upcoming crypto tax. The industry advocacy group argues that the tax unlawfully targets blockchain transactions for discriminatory reasons. Illinois Faces Legal Challenge Over Crypto Tax Law Illinois’ Digital Asset Tax Act (DATA), scheduled to take effect on January 1, 2027, imposes a 0.02% levy on […]
China has launched one of its largest market interventions in years, funneling $2 billion worth of yuan into equities and ETFs tracking semiconductor companies among other tech firms. The move follows a steep correction in Chinese tech stocks, which came to a head on July 17. Why China Intervened in Tech ETFs The Asian country […]
Given the popularity of some cryptocurrency projects, they tend to be targeted by bad actors trying to exploit either the network behind them or vulnerable and unsuspecting users for their coins. A recent post on X outlined a potential threat for some Pi Network users (referred to as Pioneers) and urged immediate action from the […]
Speculative activity in the Bitcoin market is showing signs of recovery even as spot market participation remains subdued, according to Glassnode’s latest findings. The analytics firm said spot trading activity continues to lack conviction, as Spot Volume fell below the lower statistical band of $4.5 billion, which was indicative of persistently weak liquidity and muted […]
The Head of Digital Assets and Innovation for a $2 trillion asset manager “just said to buy ETH,” commented former BlackRock VP and host of Milk Road Daily, John Gillen, on Tuesday. His statement came in response to a lengthy post on X from Franklin’s Sandy Kaul on the use cases for crypto in agentic […]
The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community. SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon. The SHIB Army Demands Action Inspired by Spain’s victory in the FIFA […]
A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising long-term US borrowing costs back into focus. Specifically, it has revived concern among certain market observers about how tighter monetary conditions could impact Bitcoin (BTC) and other risky assets, just as investors are getting ready for the Fed’s next […]
Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock on Monday as BTC tapped a five-week high of $65,700. “Bitcoin has exited its capitulation regime and is once again inside the transition area,” they added. Swissblock identified the current area as “where a new impulse begins, or momentum fades back […]