Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
New data from analytics firm Alphractal suggests that Chainlink (LINK) is in a critical accumulation phase. The token’s realized price—the average cost at which all circulating tokens were last moved—is around $15, which analysts see as a strong support level for long-term investors. Large investors, including wallets holding between 100,000 and 1 million LINK and … Read more
The article analyzes the recent performance of two major memecoins, Shiba Inu (SHIB) and PEPE, noting a general lack of action in the broader memecoin market. While both coins are in a consolidation pattern, SHIB has outperformed PEPE over the last week, with a minimal loss of 0.3% compared to PEPE’s 3.7% drop. Key takeaways … Read more
BitMine Immersion Tech has solidified its position as the largest corporate holder of Ethereum (ETH) with a recent acquisition of 14,665 ETH worth $64.7 million. The purchase was executed through Galaxy Digital and brings the company’s total ETH holdings to over 1.75 million, valued at approximately $7.7 billion. This puts BitMine well on its way … Read more
Ukraine is taking a significant step to formalize its digital asset sector by advancing a new bill that would give cryptocurrencies legal status and establish a tax framework. The proposed legislation would tax crypto gains at an 18% income tax rate, with an additional 5% tax dedicated to military support. To ease the transition, a … Read more
Bitcoin’s price is facing significant challenges to its recovery due to a combination of rising global bond yields and the strengthening price of gold. These factors are creating an unfavorable environment for risk assets like cryptocurrencies. Key headwinds impacting Bitcoin include: Rising Treasury Yields: Both the U.S. 10-year and 30-year Treasury yields have risen, with … Read more
The Bank of England has updated its stablecoin regulations, allowing systemically important stablecoin issuers to hold a portion of their reserves in interest-earning assets. This change, announced by Deputy Governor Sarah Breeden, is expected to benefit large issuers by enabling them to generate revenue from their reserves. The new regulations also integrate stablecoins into the … Read more
TRON’s native token, TRX, is currently in a state of indecision, with its price hovering around $0.34. According to the article, both short-term moving averages and momentum indicators like the MACD and RSI are flat, suggesting a neutral-to-bearish outlook with no clear direction. Key price levels to watch include: Resistance: $0.3621, $0.3667, and the more significant … Read more
US Bank, the fifth-largest bank in the US, has restarted its cryptocurrency custody operations after a four-year break. The bank is now offering custody services for Bitcoin and Bitcoin ETFs, specifically targeting institutional investment managers. The bank had originally entered the crypto custody space in 2021 but paused the service in 2022 due to regulatory … Read more
The article discusses a central question in the stablecoin market: can new projects compete with the dominance of established players like Tether (USDT) and Circle (USDC)?USDT and USDC have grown exponentially since 2020, with their combined supply exceeding $260 billion. Their strong position is due to their long track records, deep liquidity, and widespread integration … Read more
Shares of American Bitcoin (ABTC), a cryptocurrency mining company co-founded by Eric Trump and Donald Trump, Jr., experienced extreme volatility on Wednesday, its first day of trading following a merger with Gryphon Digital Mining. The Nasdaq stock exchange halted trading of the shares five times as the price surged by nearly 85% to a high … Read more