Chainlink (LINK) has surged nearly 15% in the past week, breaking through a long-standing resistance zone between $25 and $26. Related Reading At the time of writing, LINK trades around $24.2, marking its highest level in seven months. The move came with strong trading volume, confirming a bullish breakout above the 200-day moving average. Whale accumulation has played a pivotal role in fueling the rally. On-chain data reveals that large holders scooped up 1.1 million LINK, valued at approximately $27 million, mover the past seven days. The top 100 wallets…
Day: August 20, 2025
Coinbase Declares Stablecoins Superior—Faster, Cheaper, More Global Than Legacy Finance
Stablecoins are dominating the future of finance as billion-dollar IPOs ditch cash for blockchain, unlocking unmatched speed, savings, and global access. Stablecoins Power Historic $1.15B IPO, Reshaping Market Infrastructure Stablecoins are becoming an increasingly common tool in financial markets, viewed as faster, cheaper, and more globally accessible than traditional settlement systems. Coinbase reinforced this perspective […] Source CryptoX Portal
Bitcoin Extends Slide as Bears Tighten Grip on Price Action
Bitcoin price is gaining pace below $115,500. BTC is still showing bearish signs and remains at risk of more losses below the $112,000 zone. Bitcoin started a fresh decline below the $116,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $115,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,500 resistance zone. Bitcoin Price Dips Further Bitcoin price started…
Bitcoin Mining Is Crazy 🤯🤑 #sellingrips #marketclubhouse #trading @MarketClubhouse
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New Nonprofit Aims to Shape Washington’s View on Blockchain & AI
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new nonprofit backed by some of the most prominent players in the crypto asset space has launched with the goal of improving how US lawmakers engage with emerging technologies. The American Innovation Project (AIP), supported by Coinbase, Uniswap Labs, Kraken, Paradigm, and the Digital Currency Group (DCG), officially began operations this week. The organization was formed to serve as a conduit between policymakers and the technology industry at a time when regulation of digital assets and…
Bitcoin Nearing Profit Zones That Marked Past Market Tops
Bitcoin (BTC) has once again slipped under the $120,000 price mark, retracing after reaching a new all-time high above $124,000 last week. As of the latest market data, BTC is trading around $115,557, down 2.5% in the past 24 hours and nearly 7% below its peak. This price movement suggests that the asset is currently consolidating after its recent rally, leaving market participants watching closely for the next directional move. Meanwhile, analysts are turning to on-chain data for signals on Bitcoin’s potential trajectory. One such perspective comes from PelinayPA, a…
Fed Official Says Staff Should Be Allowed To Hold Crypto
The Federal Reserve’s top regulatory official says staff from the US central bank should be allowed to invest a small amount in crypto to help them understand the technology. Fed vice chair for supervision Michelle Bowman said at a blockchain event in Wyoming on Tuesday that the regulator should consider allowing its staff “to hold de minimus amounts of crypto or other types of digital assets so they can achieve a working understanding of the underlying functionality.” “We will soon be establishing a framework for supervising issuers of these assets,”…
Bitcoin Price Threatens Drop To $112K: Is That The Bottom
Key takeaways: Bitcoin’s options market signals extreme fear, but historical patterns show potential for significant rebounds. Global economic pressures from US trade tariffs negatively affected traders’ sentiment. Bitcoin (BTC) fell below $113,000 for the first time in over two weeks, surprising traders and triggering the liquidation of $113 million in leveraged long positions. The sharp decline followed the $124,176 all-time high on Thursday, raising questions about whether the bull market is over as the macroeconomic environment grows more uncertain. SEC investigation and corporate AI disappointments Bitcoin’s price correction accelerated after…
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SoFi To Become First US Bank To Integrate Bitcoin Lightning
Digital bank SoFi Technologies is set to become the first US bank to leverage the Bitcoin network and Universal Money Address — allowing Americans, Mexicans, and others to send money through the Lightning Network. SoFi partnered with Bitcoin (BTC) payments infrastructure Lightspark to launch its blockchain-powered international money transfer service, which will go live later this year, starting in Mexico, SoFi said in an announcement on Tuesday. “For many SoFi members who regularly send money to loved ones internationally, the ability to quickly transfer money at low cost isn’t just…