Have you googled Chainlink lately? You’re far from the only one, according to new data. from CoinDesk
Drop in Bitcoin ‘Whale’ Addresses Suggests Market May Be Decentralizing
The number of bitcoin addresses holding at least 10,000 coins has dropped to 14-month lows alongside an uptick in lower-value addresses. from CoinDesk
First Mover: Twelve-Fold Gains for Aave’s LEND Token Might Be More Than DeFi Hype
Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation. from CoinDesk
The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion, that is not necessarily bad news for bitcoin. from CoinDesk
Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze
While bitcoin’s range play continues, option traders look to be betting on a big move to the higher side. from CoinDesk
As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout
Bitcoin is looking to leap key resistance alongside a strong rally in gold, but its role as an inflation hedge is still weak. from CoinDesk
DeFi Driving Chainlink’s Link Token to Record Highs
The ever-increasing use of Chainlink’s price oracles in decentralized finance is driving the cryptocurrency higher, according to analysts. from CoinDesk
Ethereum Activity Metric Hits Highest Level for 2 Years
The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance. from CoinDesk
Cardano at One-Year High on Shelley Upgrade
The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second
Bitcoin Rises in Line With Stocks After Dip Below $9K
Bitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities. from CoinDesk
