LINK has made impressive progress in network activity, but the whale’s exit has slowed its surge. Can retail capital and Trump’s advocacy give LINK the boost it needs? Just two weeks ago, Chainlink (LINK) lit up the charts with a massive 21% daily surge thanks to a $1 million purchase from World Liberty Financial (WLF). This explosive rally, fueled by the “Trump pump,” has put LINK in the spotlight as a key player at the intersection of politics and cryptocurrency. But as soon as the hype soared, it soon waned. And this had a corresponding impact on altcoins as well.…
Author: Crypto Flexs
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Dogecoin (DOGE) price action has slowed over the past four weeks after breaking the multi-month resistance level of $0.35 in early November.Dogecoin 1-day chart. Source: Cointelegraph/TradingViewAlthough the daily charts remain bullish, the cryptocurrency asset lost support at the 50-day EMA level on December 19 and is yet to regain its position above the indicator. Despite these short-term concerns, one analyst emphasized that Dogecoin’s long-term targets remain quite high for 2025, considering its previous bullish performance. The Dogecoin target is between $2.35 and $2.60.The CEO, an anonymous cryptocurrency investor, told his 536,000 X followers that Dogecoin is headed for a massive…
December 27, 2024, San Francisco, USA, Chainwire HPL Games, an innovative startup leading the way in gaming and blockchain technology, is working to reshape the future of mobile gaming. By bridging the gap between traditional gaming and Web3 innovation, HPL Games seeks to deliver immersive mobile experiences with the power of blockchain-based in-game currency. HPL Games aims to release its first mobile game by the end of 2025 and is inviting early supporters to join this journey through an initial coin offering (ICO) for its in-game token, HPL. A pre-sale event is currently underway with the goal of raising $100,000…
The final week of 2024 has been as exciting as the rest of the pivotal year for cryptocurrency adoption, after Ethereum co-founder Vitalik Buterin decided to adopt viral internet sensation Moo Deng by donating 88 Ether to a Thailand-based zoo.In the wider cryptocurrency space, James Howells is continuing his legal battle to recover a hard drive containing $773 million worth of Bitcoin that was lost in a landfill in 2013.Vitalik Buterin adopted Moo Deng with an 88 ETH donation to the zoo.Moo Deng, the pygmy hippo that became an internet sensation, was adopted by one of the most famous cryptocurrency…
Ink, a layer 2 (L2) built on top of the Optimism Superchain, is now live on mainnet and has begun its mission to bridge the gap between users and builders who are shaping the future of DeFi by creating a seamless, connected ecosystem. Originally planned for Q1 2025, Ink launched ahead of schedule after successful testnet development, aiming to meet the needs of a growing community of builders who have quickly coalesced around the project. Ink is also progressing towards Phase 1 decentralization with permissionless fault proofing to enhance accountability in January 2025. This allows anyone to contest potentially invalid…
1.69 trillion BONK tokens were officially burned during the community-driven holiday event “BURNmas,” sending the price of the Solana-based memecoin up from its December lows. Burning of 1.69 trillion BONK Meme CoinsThe BONK Decentralized Autonomous Organization (DAO) successfully burned 1.69 trillion BONK tokens through a multi-signature wallet on Thursday, December 26th. According to a post from the X account, the burn exceeded the community’s expectations, permanently removing nearly $52 million worth of tokens from circulation. Hello BONKers, quick BURNmas update:During the campaign, the BONK community truly exceeded The Dog’s (and DAO’s) expectations❗️❗️❗️ final number $BONK The amount raised through these…
Cryptocurrency scams surrounding pig slaughter cost cryptocurrency users more than $3.6 billion in 2024. This reflects a 40% surge over the past year. According to a report published by Cybers, there will be the most pig slaughter scams targeting cryptocurrency users in 2024. The web3 security company said cryptocurrency users lost $3.6 billion on the Ethereum blockchain due to fraudulent activity. According to reportCyber fraud increased 40% year-on-year. There were 165 accidents, resulting in a total loss of $2.3 billion. 🚨 $3.6 billion stolen in pig slaughter scams in 2024 🐷This year, the cryptocurrency world was rocked by a pig…
Online casinos have been around for a long time, dating back to the mid-1990s. Although it was a bit old-fashioned at first, it is now a completely immersive gaming experience featuring all the classic casino favorites.One of the major changes in this sector is the growth of cryptocurrency-based casinos. Despite exponential growth across the industry, cryptocurrency casinos are still a niche market. They’ve been growing in popularity over the past few years, and as it turns out, there’s a very good reason.positionThis may not be the biggest benefit of playing at a cryptocurrency casino, but being accessible 24 hours a…
This article is also available in Spanish. Ethereum has struggled to regain bullish momentum, leaving altcoin trading at pivotal levels. Ethereum is at the center of attention from investors anticipating a potential rebound in the coming weeks. This optimism has been fueled by expectations that Ethereum’s resurgence could signal the start of the long-awaited alt season and lead to widespread gains across altcoin markets. Related Reading Top analyst Carl Runefelt recently shared a powerful technical analysis on X, highlighting that Ethereum formed a symmetrical triangle pattern within 4 hours. According to Runefelt, this pattern is a classic precursor to a…
The price of XRP has risen more than 300% in the past two months and was trading at $2.10 on December 27. Nonetheless, there are warning signs that XRP/USD could erase at least 25% of these gains in the near term. XRP/USD daily price chart. Source: TradingViewXRP is close to a descending triangle collapse.The latest losses in XRP (XRP) come as the price is trading within a bearish triangle pattern. This is a bearish structure that usually indicates further decline. This pattern is defined by a series of lower highs forming a triangular descending trendline, with the $2.10 level acting…