Crypto, Forex & Blockchain News

Discover how Chainlink’s LINK token has become one of the best-performing altcoins following the launch of the Chainlink Reserve. With a substantial increase in value and lofty future goals, it’s quickly securing a high-ranking position among cryptocurrencies. Learn about the reserve’s aim to support network expansion and sustainability, and the impressive number of LINK tokens it already holds.

Michael Saylor’s Strategy, the largest public Bitcoin holder, acquired 3,081 Bitcoin for $356.9 million as the price dropped to $112,000 last week. With this purchase, Strategy now holds 632,457 BTC, purchased for about $46.5 billion at an average price of $73,527 per coin. Many are wondering if Strategy will continue to buy during dips or limit its acquisitions. The company has also revised its 2025 Bitcoin Key Performance Indicator (KPI) targets.

Japan’s Finance Minister Katsunobu Kato highlights the importance of cryptocurrencies in diversified investment portfolios during Web3 Conference WebX 2025, aiming to develop a robust trading environment. Amid calls for revising crypto taxation, Bitcoin company Metaplanet has been upgraded to a mid-cap stock by index provider FTSE Russell, signalling increasing adoption of blockchain technology by Japanese financial firms.

Bitcoin traders prepare for Federal Reserve Chair Jerome Powell’s anticipated speech, highlighting possibilities of a potential interest rate cut in September. Bitcoin is reportedly down by approximately 10% since August 14, hinting at traders’ bearish tendencies across time horizons. The report suggests that bitcoin’s ‘secular bull’ is still in effect, even as analysis of Coinbase-Binance suggests ‘strong US spot selling’. Future rate cuts could spur risk-taking and further drive bitcoin and other speculative asset prices.

XYZVerse, a sports-themed memecoin, gains incredible momentum with a presale topping $15 million, prices skyrocketing early in the game. Combining memes, sports, and real-world crypto utility, XYZVerse proposes to redefine the memecoin landscape in 2025, signaling a community-driven force. The article explores the XYZVerse phenomenon, its security measures, tokenomics, community sentiments, and future roadmap, focusing on whether it will sustain its growth post-listing.

Bitcoin traders are selling ahead of Jerome Powell’s anticipated speech and their reactions suggest a lack of confidence in a possible interest rate cut in September. The price of Bitcoin fell by 10%, reflecting the traders’ bearish outlook. Expectations are high that Powell may adopt a hawkish tone and need not signal an interest cut. Despite the current market conditions, some analysts believe the secular bull run for Bitcoin is not yet over.

Gemini teases plans for launching an XRP-branded Mastercard causing a stir in the XRP community. The article explores the potential effects of this development on XRP’s price downtrend, analyzes daily charts for XRP’s performance, and considers whether the launch can revive XRP’s momentum.

Ethereum nears all-time highs in transactions and active addresses, indicating increased network engagement and public companies acquiring ETH for their crypto treasuries. Despite the surge, gas usage remains moderate, while Ethereum’s DeFi ecosystem soars to $97 billion. The article also discusses unprecedented institutional inflows into Ethereum ETFs and the recent rise in ETH’s price influenced by institutional interest.

TAC, a protocol focused on the TON blockchain, has secured nearly $208 million in total value locked in just a month since its mainnet launch. Ethereum-based DeFi protocols have rapidly deployed on TAC, pushing its on-chain value 35% higher than TON’s current DeFi TVL. With integration into Telegram’s ecosystem, TAC brings Ethereum developers closer to TON users without the need for rewriting their applications. TAC’s growth has contributed to a rise in EVM-based DeFi’s share, indicating swift adoption.