Day: November 26, 2024

Chainlink May Reach New ATH If This Barrier Breaks, Analyst Says

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An analyst has explained how the path to a new Chainlink all-time high (ATH) could open up if LINK can break past this resistance block. Chainlink Could Find Major Resistance At The $20 Level In a new post on X, analyst Ali Martinez has discussed how the resistance barriers for LINK are currently looking in terms of the on-chain cost basis distribution. Below is the chart from the market intelligence platform IntoTheBlock shared by the analyst. It shows the amount of the asset acquired at each price range that Chainlink…

Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions

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Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a […] Original

Crypto Inflows Hit Record $3.1 Billion, Led by Spot ETFs

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Este artículo también está disponible en español. The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge. CoinShares reveals that the year-to-date net inflows into crypto funds have reached $37 billion, while total assets under management (AUM) soared to a new high of $153 billion. Related Reading Bitcoin Takes…

Bitcoin drop, traders seen $553 million crypto liquidations

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Traders have witnessed a massive half-billion dollar amount of crypto liquidations in a day after Bitcoin dropped to its lowest price in the past week. According to Coinglass’s data on Nov. 25, crypto traders have seen massive liquidation of about $553 million in the past day of trading. Traders with long positions have liquidated $413 million as Bitcoin price dropped to $92k, decreasing almost 5% in a day. 1 Day BTC price chart, September 10 – November 26, 2024 | Source: crypto.news The long positions in the last 12 hours and 4…