Chainlink announces the launch of a strategic reserve of LINK tokens, funded by both off-chain enterprise payments and on-chain service revenue. The reserve has already accumulated over one million dollars’ worth of LINK during this early launch phase and plans not to sell them for several years. Chainlink price rides a long accumulation trend amid […]Continue Reading

Dogecoin price faces a risk of a $0.189 breakdown amid the formation of a head and shoulders reversal pattern. A 43% decline in DOGE future open interest indicates reduced speculative activity, which can lead to lower volatility The formation of a rising channel pattern drives a slow yet steady recovery in DOGE’s mid-term trend. The […]Continue Reading

The Ethena price correction develops into the bullish continuation pattern called flag, signaling a potential breakout in the near future. ENA TVL surged to 76.2% in the last three weeks to hit $9.2 billion, projecting an active accumulation behavior and a strengthening user base. On-chain data from Santiment highlights that crypto whales have bought up […]Continue Reading

MEI Pharma, a Nasdaq-listed pharmaceutical company, has bought 929,548 Litecoin tokens to launch a $100 million institutional treasury strategy. A symmetrical triangle pattern drives the midterm sideways trend in Litecoin price. A potential reversal in LTC could seek pullback support at $105 to recuperate bullish momentum. Litecoin, the decentralized peer-to-peer Continue Reading

Key highlights: The online performance-based marketing company, SharpLink, has recently accumulated another 18,680 ETH to boost its total holding to 498,711 ETH (worth approximately $1.81 billion). Another institutional address purchased 14,006 ETH ($50 million) from the exchange platform OSL. Since December 2021, the Ethereum price has witnessed a sideways action Continue Reading

Key Highlights: The crypto market witnessed a sudden sell-off as U.S. president Donald Trump said he ordered two nuclear submarines to be positioned in the “appropriate regions” amid the escalating tension with Russia. A 16% fall in futures open interest indicates the traders are reducing their open position in the derivative market.  A rising channel […]Continue Reading

Key Highlights: Earlier today, a whale wallet, 0xF436, had withdrawn 14,520 ETH for approximately $53 million from crypto exchanges, according to Lookonchain data. A double-top reversal pattern in Ethereum’s daily chart bolsters sellers for a potential breakdown below $3,500. On-chain analysis from Sentora highlights weak support levels at $3,116 and $2,698. ETH, the Continue Reading

Key Highlights: The Litecoin network has seen a surge in user activity and adoption, with over one million new funded addresses added in the past 18 months. A bull-flag pattern drives the current correction trend in LTC. The buyers seek pullback support from the fast-moving exponential moving average of 20. The formation of the symmetrical […]Continue Reading