Binance Coin (BNB) and Solana (SOL) have established themselves as two of the most successful altcoins, offering high-speed transactions, strong ecosystems, and real-world utility. However, their price points have made it difficult for new investors to enter at an early stage.
Chainlink price has entered a technical correction, falling nearly 40% from its highest level this year. Chainlink (LINK) was trading at $19.50 on Wednesday as cryptocurrencies remained under pressure.
The race for blockchain dominance is intensifying, and while Polkadot (DOT) has been a pioneer in interoperability and scalability, a new contender is rising—Lightchain AI.
Polkadot price crashed to a key level this week as it continued to underperform other popular layer-1 coins like Solana and Mantra. Polkadot (DOT) dropped to a low of $3.
With strong fundamentals, LINK could be the "asset-to-watch" when the broader market recovers.
In 2024, BNB's market cap more than doubled to $101 billion, while annual revenue reached $234 million, making BNB Smart Chain one of the top Layer-1 blockchains by earnings.
BNB Chain has been making headlines, setting records, and drawing investors worldwide. With a strong Q4 2024 and a $750 all-time high, its Binance-backed token is proving its mettle in a volatile market.
Decentralized oracle network Chainlink is gaining attention as its whale activity reaches its highest level in 14 months, fueling expectations of an impending major price move. Large transactions, which are those above $100,000 involving Chainlink (LINK), have increased significantly, with these reaching levels not seen in over a year, suggesting that whales might be making moves.
Chainlink whales took profit recently as over 4 million LINK were sold in the open market.
Cryptocurrencies displayed mixed performance today. Bitcoin plunged below $98K, whereas alts MELANIA and FTT soared more than 16% over the past day. Meanwhile, Chainlink attracted investor attention as whales' move to dump LINK massively triggered worries about the crypto's future performance.
A massive whale sell-off flooded the market with over 4 million LINK, driving the price down to $19.
Chainlink whales' decision to heavily offload LINK tokens caused a market stir on Wednesday, signaling the coin's price is at risk. Notably, on-chain data by a top crypto analyst revealed that roughly 4 million tokens were dumped in the last 48 hours.
After a brief reversal to the resistance, the Chainlink price has faced a pullback, dragging the levels close to the multi-month support. While the bears are constantly exerting more pressure, the submissive behaviour of the bulls may eventually lead the rally towards lower ranges.
BNB Chain will sponsor ETH Oxford 2025, hosting a hacker house to facilitate blockchain innovation. Key events include workshops and a hackathon with a $156,000 prize pool.
Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain.
Most of the coins are bouncing off after a sharp drop, according to CoinMarketCap.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
Chainlink (LINK) price has declined over 15% in the past 24 hours, reflecting broader crypto market struggles. The downturn follows significant liquidations, pushing Bitcoin below $100k.
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
Hamilton Treasury, Gate Ventures, Keplr, EarnOS, Starpower and Hyve Labs highlight the latest edition of VC Roundup.
FXGuys surges past Polkadot and Chainlink with $2.6M raised in presale, staking, Trade2Earn, and trading incentives. Discover the $FXG token today!
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
BNB has bounced off the crucial $500 support level, sparking speculation about whether this marks the beginning of a bullish resurgence or a temporary relief before another downturn. After facing sustained selling pressure, buyers have stepped in to defend this key level, fueling hopes for a potential recovery.
Market data reveals sustained whale accumulation of Chainlink tokens between $17-$21, alongside increasing retail interest and spot-driven trading activity, suggesting potential price movement toward $36 based on technical analysis and historical patterns.
Analysts anticipate a potential breakout to $36, as Chainlink (LINK) is currently exhibiting robust upward momentum. In recent weeks, large investors, more commonly known as “whales,” have been aggressively accumulating LINK.
Following the influx of new crypto-based exchange-traded funds (ETFs) in the United States, investment management firm 21Shares has submitted paperwork to launch a spot Polkadot ETF.
The emergence of China's artificial intelligence (AI) model, DeepSeek, has caused turmoil in both the stock and cryptocurrency markets, alongside the technology sector.
Binance Coin price retreated for four consecutive weeks as the broader altcoin market lost momentum. Binance Coin (BNB) dropped to $645.05, down by more than 20% from its highest level in December last year.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) is still trading below the moving average lines after the price dip on January 19.
The ETF season is in full swing, and the latest to join the race? Polkadot. 21Shares has officially filed for a Polkadot ETF with the SEC, aiming to launch it on the Cboe BZX Exchange—the same exchange that introduced the first Polkadot exchange-traded product (ETP) back in 2021.
The cryptocurrency market continues to recover from its bearish trend of the first half of January. The latter part of the month saw a bullish surge, with many altcoins experiencing notable volatility and heading toward new all-time highs (ATH).
Asset management company 21Shares has recently filed an application with the Securities and Exchange Commission (SEC) to launch a Polkadot (DOT) exchange-traded fund (ETF). According to the filing on January 31, 2025, the goal is to list the 21Shares Polkadot Trust on the Cboe BZX crypto exchange, with Coinbase acting as the custodian of the DOT.
As investors look for the next 100x coin, FXGuys ($FXG) has come up as a much better prospect than major market players like Chainlink (LINK) and Jupiter (JUP)!
21Shares is making a bold move by applying for the first-ever spot Polkadot ETF in the U.S.
Crypto whales—large investors who hold significant amounts of digital assets—often influence market trends in ways that are not immediately visible to retail traders. While XRP, Solana, and Polkadot continue to dominate headlines, behind the scenes, institutional investors and high-net-worth individuals are making strategic moves that suggest major developments ahead.
Here's how the crypto community reacted to the first U.S Polkadot ETF application.
21Shares is taking a radical step in the crypto investment sector by submitting a spot Polkadot (DOT) exchange-traded fund (ETF) application to the US Securities and Exchange Commission (SEC). If given the green light, this ETF would enable investors to acquire direct exposure to Polkadot without the need to purchase and maintain the cryptocurrency themselves.
The crypto-verse has displayed a strong bullish recovery during the second half of January after recording a strong bearish action during the first half. Following this, the altcoin market has displayed a significant rise in volatility with multiple tokens heading toward a new ATH.
DOT, Polkadot's native cryptocurrency is up by 6% as asset manager 21Shares filed for a spot Polkadot ETF, the first such filing for this altcoin. As a result, the DOT price has made quick gains shooting to $6.5 as analysts believe that a potential breakout could lead to a new high ahead.
Asset management firm 21Shares has officially filed with the SEC to introduce a spot Polkadot exchange-traded fund (ETF). The post 21Shares Seeks SEC Approval for Polkadot ETF Launch in Latest Filing appeared first on Cryptonews.
Asset management firm 21Shares has filed its S-1 registration statement for the Polkadot ETF offering with the US Securities and Exchange Commission (SEC).
Amid the surge in new crypto ETF filings in the U.S., asset management firm 21Shares has applied to launch a spot Polkadot ETF. The Asset management firm 21Shares has filed with the US SEC to launch a spot Polkadot exchange-traded fund (ETF).
Amid the influx of new crypto ETF filings in the United States, asset management firm 21Shares has filed to launch a spot Polkadot ETF.
Asset management firm 21Shares filed an S-1 with the SEC for a Polkadot ETF. The company plans to list shares on the Cboe BZX Exchange.
21Shares files for a Polkadot ETF under an S-1 registration, following Tuttle Capitals leveraged DOT ETF filing earlier this week. The post 21Shares files for Polkadot ETF, marking the second DOT-focused fund filing this week appeared first on Crypto Briefing.
Investment management firm 21Shares has filed its S-1 registration statement for the Polkadot ETF offering with the US Securities and Exchange Commission (SEC). This DOT-focused fund marks one of the non-conventional crypto ETF applications filed with the regulator this week.
Exchange-traded fund-focused firm 21Shares has filed for a Polkadot Trust in a bid to get the SEC's sign-off.
The altcoin market witnessed intense growth in January following Donald Trump's return to the White House. In January, the Official Trump meme coin gained significant spotlight as it recorded multiple ATHs in a few hours. As a result, January was a rocky month for the market.