Chainlink (LINK) has experienced a significant rally, surpassing $24 amid a 45% weekly gain. On-chain data reveals an eight-month high in active addresses and a seven-month peak in whale transactions exceeding $100,000. Bullish social sentiment has also surged, with a 3.3:1 bullish-to-bearish comment ratio—the highest in four months. Over 2 million LINK tokens were withdrawn from exchanges in 48 hours, signaling long-term holding. Analysts like ‘Johnny’ and Miles Deutscher predict further upside, citing LINK as a top large-cap play. Additionally, Chainlink’s new Data Streams product integrates real-time TradFi data (e.g., ETFs, stocks) into DeFi, enabling tokenized assets across 37 blockchains. Despite trading 50% below its 2021 peak, experts remain optimistic about LINK’s growth trajectory.
about Chainlink (LINK) Surges Past $24 Amid Record Whale ActivityJohnny
0 posts last weekZora Surpasses Solana in Token Launches, Hits Record High
Zora, a token launchpad on Coinbase’s Ethereum layer-2 network Base, set a new record by creating 51,575 tokens in a single day, surpassing Solana’s Pump.fun and LetsBonk. This marks the first time since early 2023 that a chain other than Solana has led in token launches. Unlike Pump.fun, which focuses on speculative token creation, Zora turns every social media post into a tradable token, blending content virality with crypto trading. While Pump.fun’s market share has dwindled due to bot-driven rug pulls, Zora’s model emphasizes authentic engagement, with artists like Jack Butcher gaining traction. The platform’s unique approach could redefine how social media and crypto intersect.
about Zora Surpasses Solana in Token Launches, Hits Record HighXRP Bullish Momentum Driven by ETF Developments and Institutional Interest
XRP is experiencing bullish momentum, driven by ETF developments, institutional interest, and market resilience, with a current price of $3.09. Analysts predict it could reach $12 by Q2 2025, supported by Ripple’s partnerships and increased whale activity. Grayscale’s application to convert its XRP Trust into an ETF signals growing institutional interest, while XRP’s stability amidst economic uncertainties highlights investor confidence in its long-term potential.
about XRP Bullish Momentum Driven by ETF Developments and Institutional InterestBitcoin price drops amid market volatility and fears of further declines
Bitcoin’s price has dropped to $94,903.53, reflecting a 5.86% decline in 24 hours, with a market cap of $1.88 trillion. A wave of liquidations totaling $694.11 million, driven by negative U.S. economic data, has heightened bearish sentiment, as institutional inflows slow significantly. Analysts warn of potential further declines to $88,000, while the upcoming inauguration of President-elect Donald Trump may increase market volatility.
about Bitcoin price drops amid market volatility and fears of further declinesBitcoin Faces Pressure as Price Drops with Potential Dip to 88000
Bitcoin (BTC) fell below $96,000, dropping 1.7% on January 8 amid increased selling pressure, with forecasts suggesting a potential dip to $88,000 in the coming weeks. Analysts noted significant liquidity at this level, while demand indicators hinted at underlying support for the cryptocurrency. Despite current volatility, some traders remain optimistic about a rebound by the end of the week.
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