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Chainlink, a provider of price feeds and other data for blockchains to use in smart contracts, introduced staking of its native token LINK on Tuesday, and selected holders locked 7 million tokens, valued at about $51 million, in the first 30 minutes, according to a company spokesperson. Original Source
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Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last week. The two exchanges will “progressively cooperate” on Huobi’s HT coin ecosystem development, connectivity, liquidity sharing and global compliance. Beginning in December, the Huobi Advisory Board
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The price settled below $20,000 as investors digested the August jobs report. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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The complaint alleges CEO John Roets, along with three Dragonchain entities, violated the Securities Act by raising millions of dollars from the sale of dragon (DRGN) tokens in an initial coin offering (ICO) predominantly marketed to crypto investors in 2017. The company then funneled the money into its marketing and
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On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST). The distribution was based on "pre-attack" and "post-attack" snapshots of token holders taken at LUNC block height 7,544,910 at 14:59:37 on
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Crypto trading platforms show initial signs of support for the revival of the collapsed Terra network by listing Terra's brand new token, also named LUNA.The HitBTC exchange took to Twitter on Wednesday to announce that Terra’s new chain token Luna will be available on its platform on May 27.The
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On the weekly chart, BTC established a higher price low relative to the June 2021 bottom of around $28,800. The latest cycle low was achieved this year on Jan. 24 at $33,100, indicating renewed buying strength. Further, momentum signals are on the verge of turning positive, which could support a
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Bitcoin's trading volume remains low relative to prior highs, although a decisive breakout above $46,000 could encourage additional buying activity. For now, BTC remains in a month-long trading range and is attempting to reverse a four-month long downtrend. Source
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Bitcoin (BTC) is trading in a tight range between $43K and $44K on Wednesday. The cryptocurrency could find short-term support at $40K, although upside momentum is starting to wane on intraday charts. Original Source
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The intermediate-term outlook has become less bearish for BTC given the recent price bounce. That means buyers could remain active toward the next level of resistance of $45,000 to $47,000. At that point, a brief pullback is to be expected after retracing 38% of the prior downtrend. Source
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