Chainlink (LINK) has recently crossed a significant price milestone, reaching above the $29 threshold for the first time in over three years. This positive movement comes on the back of a robust 21% increase in value over the past week, positioning LINK as one of the top-performing altcoins in the current cryptocurrency landscape. The factors
Crypto
The Eigen Foundation has recently made a significant move towards bolstering the Ethereum ecosystem by pledging 1% of the total EIGEN token supply to the Protocol Guild. This collective is a funding model specifically aimed at enhancing research and development on Ethereum Layer 1, underscoring the Foundation’s dedication to nurturing a robust infrastructure for decentralized
The blockchain landscape has undergone a significant transformation, particularly in the realm of stablecoins, where Ethereum has outpaced Tron in becoming the foremost platform for Tether’s USDT issuance. Over the course of the past month, an astonishing $20 billion worth of USDT was minted on Ethereum, signifying a monumental shift in stablecoin dynamics. This trend
Ethereum has recently been treading water within a critical trading range between $3,500 and $4,000. This interval has become a battleground for bulls and bears alike, with notable price action while Ethereum personalities continue to weigh the cryptocurrency’s future trajectory. The lower boundary around $3,500 has emerged as robust support, evidenced by the recent price
Decentralized finance (DeFi) is rapidly reshaping the landscape of traditional financial systems, and World Liberty Financial (WLFI) is becoming a pivotal player in this transformation. Recently, WLFI, a project backed by President-elect Donald Trump, made headlines with a strategic $12 million investment utilizing USD Coin (USDC). This financial maneuver highlights an ambitious approach to positioning
Bitcoin has encountered a brief setback during an otherwise explosive bull run that has lasted throughout November. Following an astounding surge, Bitcoin’s price skyrocketed from approximately $68,000 to a new all-time high surpassing $100,000 within just 30 days. This sudden shift in momentum can be seen as a natural breathing period for this cryptocurrency, as
In recent times, the cryptocurrency landscape has been marred by an alarming increase in sophisticated scams. Criminals are becoming increasingly adept at utilizing social engineering tactics to deceive victims into compromising their financial security. The latest trend involves impostors masquerading as renowned influencers on platforms like X (Twitter) to exploit the trust established by these
Bitcoin (BTC) has once again captured the limelight in the financial world as its price experienced significant fluctuations this month. After a rapid surge beyond the critical $100,000 mark, achieving a new all-time high of over $103,500 on December 5, the cryptocurrency has exhibited notable volatility. Following this peak, BTC faced a correction that pushed
In a recent announcement, Binance, the largest cryptocurrency exchange by trading volume, has revealed its decision to delist several trading pairs, including the increasingly popular PEPE token. The delisting will take effect on December 13 and includes pairs such as PEPE/TUSD, DCR/BTC, and ZEN/ETH. Binance’s approach to the periodic review of trading pairs is primarily
In the realm of cryptocurrency, Bitcoin’s price movements often resemble a turbulent rollercoaster, and yesterday’s trading did not disappoint. After encountering a series of sharp fluctuations, Bitcoin managed to stabilize around the $98,000 mark—an impressive feat but still short of its recent attempts to breach the formidable $100,000 threshold. Despite this recovery, the overall altcoin