On December 12, 2024, Chainlink (LINK) seems to be in the eyes of both whales and institutions, leading to a notable price surge in the past 24 hours. According to a whale transaction tracker on X (formerly Twitter), significant accumulation has been reported, ranging from wallet-linked Trump to whales.
The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.
Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an all-time high.
Chainlink's price has surged significantly after the company swapped millions of USDC for ETH, LINK, and AAVE. The purchase of LINK and AAVE, valued at over $1 million each, coincided with a sudden uptick in their prices.
Bybit and analytics firm Block Scholes released a derivatives market report indicating mixed signals for Ethereum and Bitcoin. The report highlights a decline in Ethereum's (ETH) perpetual open interest, primarily due to the liquidation of overleveraged long positions.
Ethereum surges past key levels, eyeing $4,000 as market bulls face resistance at $3,900.
In a post on X, Matthew Sigel, Head of Digital Assets Research at investment management firm VanEck, suggested that Microsoft may be open to invest in an Ethereum (ETH) exchange-traded fund (ETF) if it fulfills the company's yield requirements.
Ethereum has been oscillating within the critical $3.5K–$4K range, with its price recently finding support near the lower boundary at $3.5K. Following this rebound, the bulls are attempting a renewed push toward the $4K resistance level.
Uniswap joined Chainlink as a top performer, rising 8.6%.
Chainlink (LINK) has hit a new milestone in its price metrics. As spotlighted by Santiment, LINK flipped $29 for the first time in over three years.
U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.
The anticipation of a significant 2025 bull run keeps the cryptocurrency market highly geared up.
Cryptocurrencies traded in the green today as bulls flexed after Monday's crash. Amidst the optimism, Chainlink (LINK) stole the show as it touched price levels not seen since November 2021. LINK's outperformance follows massive institutional purchases. Blockchain data shows Donald Trump's World Liberty Financial (WLFI) splashed millions to purchase Chainlink, Ethereum, and AAVE.
TL;DR BlackRock and Fidelity have invested $500 million in Ethereum, driving its price up by 5.13% to $3,928. The SEC has requested public comments on a Bitwise ETF that includes BTC and ETH. Expectations are growing for a better regulatory framework as Donald Trump prepares to assume the presidency.
“According to ETH's realized price—the average price at which holders purchased their ETH—the current upper limit for ETH's price stands around $5.2k,” CryptoQuant said.
TL;DR World Liberty Financial, linked to the Trump family, converted $12 million USDC into ETH, AAVE, and LINK, impacting market prices positively. ETH saw a 3.5% increase, AAVE surged by 19%, and LINK rose by 2% following the purchases. The project aims to integrate with leading DeFi platforms and has raised nearly $66.
Ethereum's price could surpass $5,000 if current supply-and-demand trends and rising investor interest continue, CryptoQuant analysts said.
https://cutoshi.com/ https://twitter.com/CutoshiToken https://t.me/cutoshi
Chainlink (CRYPTO: LINK) soared 22% in 24 hours, bringing its month-over-month performance to 93% as fundamental developments point to a bullish future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $27.80 $17.4 billion +22% +14.8% Avalanche (CRYPTO: AVAX) $49.86 $20.4 billion +9.9% -5.5% TRON (CRYPTO: TRX) $0.2963 $25.6 billion +8.2% -12.4% Trader Notes: Crypto trader Altcoin Sherpa advises traders to look for demand zones on lower timeframes, targeting $25 for short-term scalping.
Ethereum price recently faced rejection at the USD 4,000 mark. Will an uptick in key metrics trigger a decisive breakout past that level?
Chainlink (LINK) is approaching $30, after expanding its presence for cross-chain and oracle services. The recent rally also coincided with a large-scale whale purchase of above $4.94M.
Chainlink (LINK) recently experienced its first weekly drop in a month, as the crypto market took a bloodbath after a strong rally. This dip is in line with other altcoins like Ethereum and Cardano, which also saw some retreat. Despite this short-term correction, many analysts believe LINK is poised for a strong rebound.
Chainlink leads the DeFi token rally with a 26% surge, reaching $28.73. With a wedge breakout starting a six-week rally, bulls target key resistance levels. Furthermore, with on-chain data showing a massive surge in whale holdings, a dormant whale is back for more.
Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec.
World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed that WLFI acquired 2,631 ETH for $10 million at $3,801 per token.
BlackRock and Fidelity, two of the largest exchange-traded fund (ETF) issuers, have purchased over $500 million worth of ETH over the past two days.
Ethereum (ETH) surged 7% to $3,930, amid Bitcoin and broader market recovery following a favourable US SPI data release on Wednesday.
Chainlink price rose sharply on Thursday as its rising adoption by institutional investors drew in Trump-backed World Liberty Financial.
In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex.
After two years of significant struggles, in recent days it has been outperforming Bitcoin and Ethereum in the crypto markets.
The Trump-endorsed DeFi initiative acquired 2,631 ETH, 41,335 LINK, and 3,357 AAVE via its multi-signature wallet.
A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart.
Chainlink (LINK) is outperforming major cryptocurrencies and solidifying its role as a leading blockchain oracle. With strategic partnerships, will LINK hit $50 soon?
Ethereum trades near $3,929 as analyst Michael van de Poppe projects continued bullish momentum into 2025, supported by strong technical indicators and growing institutional interest.
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
With Bitcoin surpassing $100K and Trump's financial fund diving into DeFi, altcoins like AAVE, LINK, and ETH are gearing up for massive growth. On-chain data hints at which token might lead the explosive rally.
Pudgy Penguins NFT collection has broken the $100,000 floor price barrier, surpassing Bitcoin's value while preparing for the launch of its ecosystem token $PENGU on Solana.
President-elect Donald Trump is once again in the headlines after his new crypto venture, World Liberty, spent $12 million buying Ethereum, Link, and Aave. The wallet spent the majority of the funds buying Ethereum and the rest of the funds were distributed to Chainlink and Aave purchases.
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Trump-backed World Liberty Financial purchased $12 million worth of cryptocurrencies, causing price surges in ETH, AAVE, and LINK tokens
More than $500M flowed into Ethereum ETFs in the past days, showing renewed consumer interest. BlackRock and Fidelity were the leading buyers, both increasing their ETH balances to a new record.
Trump's World Liberty Financial has made a bold move in the crypto space, significantly increasing its holdings in Ethereum, Aave, and Chainlink (LINK). As a result, ETH jumped by 8%, Aave gained 33%, and Chainlink price shot up 30%.
ETH could be on the brink of a rally, with the $5,000 mark within reach, driven by supply-demand dynamics and growing network activity, according to CryptoQuant. The post Rally Ahead: Supply-Demand to Push ETH Over $5K: CryptoQuant appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca's request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.
BlackRock and Fidelity, two major financial firms, have purchased over $500 million worth of Ethereum (ETH) through their exchange-traded funds (ETFs) in the past 48 hours.
Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.
Trump-linked World Liberty Financial recently increased its Ethereum holdings to over $50 million.
On Dec. 12, the WLFI multisignature wallet recorded transactions worth $12 million, with the bulk spent on Ethereum. The post Trump-Backed WLFI Buys $12M in ETH, LINK, and AAVE, Total ETH Holdings Reach $56M appeared first on Cryptonews.