Author: Yeek.io

Chainlink has unlocked 19M tokens and this could define LINK’s direction in the short-term Top whale wallets offloaded 13 million tokens two days before the unlock event On 15 March, Chainlink [LINK] unlocked 19M tokens worth $269M as part of its quarterly schedule, according to blockchain analytics platform Spot On Chain. The firm stated,  “14.875M $LINK ($212.9M) was sent to #Binance. 4.125M $LINK ($56.2M) was transferred to multi-sig wallet ‘0xD50’” Despite the massive unlock, however, LINK remained unscathed at press time, up about 6% following Bitcoin’s rebound to $85k. Hence, the question – Can LINK completely shrug the unlock without…

Bitcoin needs to close above the key $81,000 weekly level to avoid more downside volatility ahead of next week’s Federal Open Market Committee (FOMC) meeting, which will offer investors more cues on the Federal Reserve’s monetary policy for 2025.Bitcoin (BTC) price fell over 3% during the past week, to trade above $83,748 as of 9:33 a.m. in UTC, Cointelegraph Markets Pro data shows.Bitcoin price continues to risk significant downside volatility due to growing macroeconomic uncertainty around global trade tariffs,  according to Ryan Lee, chief analyst at Bitget Research.BTC/USD, 1-year chart. Source: CointelegraphClosing the week above $81,000 will be key to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a recent post on X by crypto analyst Ali Martinez, Ethereum (ETH) may be heading to $1,250 as it risks breaking down from a parallel channel. However, other analysts suggest a trend reversal could be on the horizon for the second-largest cryptocurrency by market cap. Is Ethereum Heading Lower? Ethereum has been stuck in a persistent downtrend over the past three months, shedding more than 50% of its market value. The digital asset has plunged from $4,061 on December 16 to just above $1,900 at…

Over the past 24 hours, the price of Chainlink (LINK) has been on a strong upward rally. However, the price later rejected the level at $14.7 and declined sharply. The fear/greed index has dropped, now showing an extreme fear sentiment at level 19. Meanwhile, Chainlink’s trading volume has surged by 216% in the last 24 hours, reaching $1.04 billion. Looking at the longer trend, LINK’s price has been declining since mid-December, dropping from a high of $31 to about $15 on 3 February. In recent weeks, LINK price has been facing strong bearish pressure as bears strongly defend a surge…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price trajectory has become a significant point of interest in light of the recent downtrend, which has disappointed many bullish traders. According to on-chain analytics platform IntoTheBlock, the recent price crash up to the current price has seen…

The cryptocurrency market has witnessed diverging performances between its two largest assets, Bitcoin (BTC) and Ethereum (ETH). While Bitcoin has shown signs of recovery, gaining 3.8% over the past two weeks and reclaiming the $85,000 price level, Ethereum has struggled to keep up. ETH remains below the $2,000 mark, a level it fell below last week, currently trading just above $1,900. The disparity in performance between Bitcoin and Ethereum has drawn attention from analysts, particularly regarding Ethereum’s declining strength against Bitcoin in the derivatives market. Ethereum’s Decline Against Bitcoin: Key Market Trends CryptoQuant analyst SunflowrQuant recently analyzed the ETH/BTC market…

Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol.The event, held on March 13 in Austin, Texas, celebrated the US Strategic Bitcoin Reserve initiative.Source: GeminiGemini’s drone show featured depictions of a rocket launch and moon landing, among others. During the show, the Bitcoin (BTC) logo was followed by a text that read: “Go where dollars won’t.” The company said:“In celebration of the US Strategic Bitcoin Reserve, we’re hosting a Guinness World Record breaking drone show. The show explores the…

Key takeawaysThe Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability.The formation signals heightened volatility, with price swings becoming more pronounced over time.Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish).The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin. This pattern is characterized by its distinctive shape, resembling a megaphone or an expanding triangle, and…

Bitcoin needs to close above the key $81,000 weekly level to avoid more downside volatility ahead of next week’s Federal Open Market Committee (FOMC) meeting, which will offer investors more cues on the Federal Reserve’s monetary policy for 2025.Bitcoin (BTC) price fell over 3% during the past week, to trade above $83,748 as of 9:33 a.m. in UTC, Cointelegraph Markets Pro data shows.Bitcoin price continues to risk significant downside volatility due to growing macroeconomic uncertainty around global trade tariffs,  according to Ryan Lee, chief analyst at Bitget Research.BTC/USD, 1-year chart. Source: CointelegraphClosing the week above $81,000 will be key to…

A revenue surge on the TRON chain hinted at active participation across the network, indicating a potential price run Selling pressure in the derivatives market may dampen the possibility of a rally for TRX TRX has been on a bearish trajectory lately, with a single-digit drop of 8.62% over the past month and a 24-hour price decline of 1.47%. At the time of writing, this decline, compared to the broader cryptocurrency market, remained minimal. In fact, AMBCrypto’s analysis revealed strong fundamentals behind TRX’s minimal drop, with the potential for a price pump in the coming trading sessions. However, selling pressure…