Chainlink price prediction: Here's why LINK is gearing up for a 10% price rally
Chainlink (LINK) price is in a short-term uptrend, the asset is close to a key resistance level at $7.41. Although LINK has flipped this hurdle into a support floor previously, investors are awaiting a climb above key resistance to confirm the continuation of the uptrend.
Here’s why Bitcoin miners are bullish and what it means for BTC
Bitcoin miners are engaged in an arms race in computing power. The recent recalculation increased BTC mining difficulty by 9.95%, despite the spike miners are deploying capital to expand operations. This reveals a bullish bias among Bitcoin miners and fuels a positive sentiment among BTC holders.
What to expect from MATIC price with Polygon’s series of partnerships and upcoming zkEVM launch
MATIC, the native token of the Ethereum scaling solution Polygon is on track to recoup its recent losses. Polygon network entered a series of partnerships with name brands like Mastercard, Starbucks among others, helping MATIC gain popularity as the token of the largest Ethereum sidechain.
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Is Altcoin Season here as Bitcoin reaches a new all-time high?
Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.
Shanghai court confirms legal recognition of crypto ownership
A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.
BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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