Chainlink Bulls Must Defend Support Zone To Prepare For Another Rally

Chainlink (LINK) has experienced a surge in bullish sentiment as it rebounded from the $5 support level. In the past week, LINK has surpassed several support levels, resulting in a gain of over  20%. Although there haven’t been significant changes on the daily chart, the technical outlook for the altcoin has turned notably bullish. Both demand and accumulation have shown […]

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AAVE Up By 28% In 7 Days, Here’s Why

AAVE, one of the most prominent DeFi tokens, is currently experiencing a market pump, gaining  28.33% in the last 7 days, according to CoinMarketCap data. Over the past week, most of the crypto market has seen a boost in prices following the Bitcoin-fueled recovery, which also saw the premier cryptocurrency trade above $31,000 for the first time since June 2022. […]

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$26 Million Worth Of Do Kwon’s Crypto Assets Frozen By Swiss Authorities Following His Prison Sentence

Authorities in Switzerland have reportedly frozen crypto assets tied to former Terraform Labs CEO Do Kwon and other top figures within the cornered company. Kwon, who was recently sentenced to four months in a Montenegrin prison, stored the assets in Swiss-based digital asset bank Sygnum. More Troubles For Do Kwon Problems for Terraform Labs co-founder Do Kwon keep piling up. […]

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Ripple Emails Reveal: XRP Buybacks Were On The Table

The recently published Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) have caused quite a stir and strengthened the XRP army’s belief that the fintech will prevail against the regulator. What has attracted little attention, however, are the documents and emails that Ripple has had to release. One issue is of […]

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Coinbase Says "Sorry" for Harsh Words Towards $Pepe Token

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Paul Grewal – the chief legal executive of Coinbase, arguably the biggest and most popular crypto exchange in the U.S. – has made a public apology to the creators of a new meme token called $pepe for claiming the image associated with the token has […]

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Ethereum Price Stops At $1,900 And Threatens To Fall

Cryptocurrency analysts of Coinidol.com report, Ethereum price (ETH) is trading above the moving average lines but below the $1,900 resistance level. Long-term analysis of the Ethereum price: bullish It is difficult for buyers to advance to the recent high since the June 21 bounce. Price action has stalled near the $1,900 high. At the time of writing, Ether is trading […]

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Crypto investment products see largest weekly inflow since July 2022

A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June 26 report via CoinShares. Totalling $199 million, inflows for the week of 19–23 June turned around a nine-week string of consecutive outflows, with Bitcoin (BTC) representing the lion’s share at $187 million (94% […]

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Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury

The Canadian Bitcoin (BTC) mining company, Hut 8 Mining, has secured a credit facility from a subsidiary of the United States-based cryptocurrency exchange, Coinbase. Hut 8 officially announced on June 26 that it entered a $50 million credit agreement with Coinbase Credit. The credit facility involved Hut 8’s subsidiary, Hut 8 Holdings, as the borrower. According to the announcement, the […]

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