Chain News Daily Today TheBitTimes.com

Chainlink (LINK) is trading in the green zone across the board. The asset has rallied 0.7% in the daily charts, 14.2% in the weekly charts, 17.3% in the 14-day charts, 8.3% over the previous month, and 6.5% since April 2024. Also Read: Putin Gifts Trump Painting & Proposes Ceasefire—Could a US-Russia Axis Trigger Re-Dollarization or De-Dollarization? Source: CoinGecko Cryptocurrencies Hold Steady Amid Bullish Developments Source: Watcher Guru Chainlink’s (LINK) latest rally comes amid a larger market-wide resurgence. The cryptocurrency market faced a substantial price dip earlier this month. Bitcoin’s (BTC) price fell to below $75,000. The market has made significant gains over the last few days. BTC has reclaimed the $94,000 price point. The global crypto market cap has hit $3.06 trillion after its recent dip to $2.5 trillion. Also Read: Bullish Signal: SHIB Eyes 100% Rally to $0.00003 After Breakout, Says Analyst Other bullish developments include Arizona passing two bills...

Optimism is sweeping through the cryptocurrency market as anticipation builds around pro-crypto policies expected from the incoming administration.  This renewed sentiment has created an ideal environment for altcoins to thrive, with two standout cryptocurrencies, Chainlink (LINK) and Stellar Lumens (XLM), showing strong potential to achieve a $25 billion market cap by Q1 2025. Driving the broader market rally, Bitcoin (BTC) is trading above $104,000 at press time, following a remarkable 10% weekly surge, fueled by positive US macroeconomic data that has reignited investor confidence in riskier assets.  Picks for you AI predicts Chainlink (LINK) price for Q1 2025 2 hours ago Massive sell-off alert as Ondo Finance unlocks nearly $2...

XRP price predictions are changing. The crypto market faces many factors, including the upcoming US election and SEC speculation, which are shaping discussions about Ripple coin’s future. Also Read: Digital Ruble Pilot Expands as Moscow Exchange Exits Crypto Navigating XRP Price Predictions Amid US Election and SEC Speculation XRP has seen high volatility recently. Its price is affected by regulations and market trends. This chart shows Ripple’s coin price over the past year. It highlights key events and indicators that have affected its price. US Election Impact on XRP The US election could change the crypto market. Donald Trump appealed to crypto voters in May. He made this statement: “If you like crypto in any form…if you’re in favor of crypto, you better vote Trump.” This raises questions about future XRP regulations. SEC Speculation and Legal Challenges Ripple’s legal battle with the SEC affects XRP’s future. Lawyer Fred Rispoli thin...

Inflows into spot Bitcoin ETFs remain strong, indicating that long-term market investor confidence is unshaken. Despite Bitcoin struggling to maintain levels above $60,000, investors continue to buy into spot Bitcoin ETFs. Data from Farside Investors reveals that since August 7, there have only been two days of outflows, suggesting that the current price is a long-term buying opportunity. Technical analyst SuperBro notes that historically, Bitcoin tends to bottom out in July or August during U.S. presidential election years, followed by a sharp rally after the elections. If this pattern holds true, Bitcoin could potentially reach a new all-time high in November. Crypto market data daily view. Source:  Coin360 The Bitcoin market needs a solid pick-up in demand soon to push it above the all-time high, but the Bitcoin whales do not seem to be supportive. Onchain analytics firm CryptoQuant said that Bitcoin whales have reduced their buying pace since an all-time hi...