Justin Sun, the founder of the Tron blockchain, recently took to X, formerly Twitter, to boast about how Tron just happens to be the only top crypto still in green since Trump took office.
The crypto market is in major turmoil, fueling the Chainlink price crash. Since Donald Trump signed the Executive Order for Bitcoin Reserve, the market has been on a rollercoaster ride, and so have digital assets.
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TRON has shown a loss of momentum in recent sessions, consistently facing rejection around the $0.2510 resistance level. Technical indicators such as the RSI and MACD reflect signs of bullish exhaustion, with a bearish inclination that could trigger further corrections.
Justin Sun, a crypto billionaire and the creator of the Tron blockchain, has drawn the crypto community's attention to a major issue on Ethereum that he sees as dangerous for its near future.
Chainlink could be set for further drop if price does not hold above the key support at $12.
TRON (TRX) maintains the tenth position among cryptocurrencies by market capitalization, despite the recent bear market trend.
Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP) are five of the most important Made in USA cryptos to watch this week. While IP has been the best-performing of the group in the last month, it is now undergoing a sharp correction, similar to ONDO, which has dropped over 22% in the past seven days.
The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.
Chainlink (LINK), one of the top blue-chip cryptocurrencies, has crashed by double digits from its December highs. This drop is primarily because of the ongoing crypto sell-off.
AAVE signaled a potential rebound as buying interest grew. Rising volume and netflow shifts hinted at a price recovery, but traders watched key resistance levels for confirmation.
Linea Network sees Aave V3 deployment, expanding DeFi possibilities. MetaMask Card introduces 1% USDC cashback, available in select regions, enhancing crypto usability.
Chainlink (LINK) creator Sergey Nazarov says that the Trump Administration's recent embrace of digital assets could be what the US needs to cement its global financial dominance. Speaking at the first ever White House Crypto Summit in Washington, D.C.
Despite the recent positive momentum in the market, the AAVE price seems to be back under bearish pressure over the past day. As a result of the dwindling sentiment, the price of AAVE has dropped beneath the psychological $200 level in the last 24 hours.
Supply distribution revealed that many addresses varying in size from retail to whales have been accumulating LINK in recent weeks.
Tron founder Justin Sun is rippling with optimism over the future of Tron (TRX) as he eyes a new price level. According to Sun, TRX's price will reach a new all-time high (ATH) despite the current on-chain indicators and fundamentals around the asset.
Cambodia's central bank revokes Huione Pay's license over regulatory violations amid accusations of facilitating illicit transactions.
AAVE's technical indicators and whale buys hinted at a possible breakout if key levels are surpassed.
Chainlink (LINK) has been showing mixed technical signals recently, with some indicators turning bearish while others suggest a potential upside ahead. With its price up 11% in the last seven days, Chainlink was on its path to surpass Pi Network in market cap, but this could be delayed for now.
LINK's short-term price action may depend on a few key factors.
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
Amid the ongoing confusion in the cryptocurrency market, Chainlink's native token LINK has shown bearish price action and is poised for a decline. However, the current market sentiment remains bearish, with top assets like Bitcoin (BTC), Ethereum (ETH), and XRP also experiencing notable price declines. This downturn is potentially influencing overall market sentiment.
This week has been marked by significant volatility. Many cryptocurrencies briefly plunged to multi-month lows amid widespread market uncertainty triggered by Donald Trump's trade wars.
Litecoin (LTC) and Dogecoin (DOGE) have managed to stay above key support levels in the past couple of days despite the market's volatility, while Tron (TRX) is tagging a key resistance level as positive momentum picks up steam.
Cardano (ADA) was also among the underperformers, falling 2.9%.
Aave (AAVE) has been making headlines recently after breaking out of a descending wedge pattern, which raised an 11.78% price surge. As of writing, Aave is trading at $232, showing substantial bullish momentum.
Aave (AAVE), a decentralized lending and borrowing protocol based on the Ethereum blockchain, has gained significant attention since its inception in 2017. As a DeFi protocol, Aave allows users to borrow and lend cryptocurrencies with interest, facilitating liquidity and decentralized finance.
Tron (TRX) has been steadily consolidating in recent weeks, and technical indicators suggest that the cryptocurrency may be nearing a breakout rally. As the broader crypto market experiences recovery, Tron has managed to hold its ground, up by 1.5% in the past 24 hours.
Aave broke above its descending wedge pattern on the 4-hour chart and surges 11.78%.
Chainlink Co-Founder Sergey Nazarov discusses the idea of a crypto reserve and says they should be diversified. He speaks with Tim Stenovec and Zeke Faux on "Bloomberg Crypto.
Chainlink Co-Founder Sergey Nazarov will attend the White House Crypto Summit on Friday. In an interview on "Bloomberg Crypto" he discusses what to expect from the summit and what he thinks the administration's priorities should be.
Bitcoin price continued its resilience as it rose for three straight days and moved above the resistance at $90,000. This recovery is happening as Donald Trump prepares to unveil the Strategic Bitcoin Reserve during the White House crypto summit.
The overall market outlook is positive ahead of the highly anticipated White House Crypto Summit, with the global crypto market cap at $3.02 trillion. Daily volume has declined 20% to just over $117 billion, while total crypto liquidations have decreased 57% to $229 million in the past 24 hours.
TRON (TRX) shows bullish signals with analysts predicting a $1 target as network activity reaches new highs and stablecoin transfers dominate the ecosystem.
Renowned crypto analysts took the stage on Thursday, projecting a highly bullish outlook for TRX price ahead. Analyst ‘Ali Martinez' spotlighted a remarkable spike in TRON network activity as it scales new highs, whilst ‘Crypto Patel' revealed that a $1 price target is potentially achievable this bull cycle.
There were speculations that the summit could feature crypto strategic reserve updates.
The move comes amid a series of proposals part of Aave's “GHO cross-chain strategy" aimed at driving the stablecoin's adoption.
Chainlink (LINK) price has rebounded to $15 after a brief pullback, supported by increased whale accumulation. The crypto market saw a slight recovery today, contributing to LINK's rise.
A new insight from an IntoTheBlock (ITB) chart tracks the number of Bitcoin, Tron and other altcoin holders in profit based on their purchase price. If a high percentage of addresses are in profit, it means the coin has performed well over time.
Chainlink (LINK) has faced massive volatility and uncertainty, with price action resembling a rollercoaster ride over the past few days. After trading around $17, LINK plunged to $13 before rebounding back to $16, all within less than three days.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Ever since Trump's tariff war was reinstigated, the crypto markets have shaken a bit. The star token Bitcoin price faced massive upward pressure, dragging the levels below $79,000. Besides, the Chainlink price also plunged from the local highs at $17 to $13, while the bulls quickly triggered a strong rebound.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
Chainlink (LINK) has recently demonstrated significant volatility, showing both a sharp decline and a strong rebound. The price of LINK recently dropped to $13.18, a 13.6% correction from $15.25, following a high of $16.34.
TL;DR Chainlink (LINK) has surged 16.33% in the last 24 hours, reaching $15.74, with a market cap of $10.04 billion. Technical analysis highlights key support and resistance levels, with the $16.34 target if the bullish trend continues. Rising trading volume and open interest suggest growing investor confidence, reinforcing optimism in LINK.
Aave's (AAVE) recent 15% price surge has fueled optimism within the DeFi community, as the protocol rolls out a bullish buyback program designed to reverse the coin's sharp 50% decline. Despite a broader bearish market, AAVE's rally is largely driven by a $1M weekly buyback proposal, which could reshape the future of the token's market performance.
Through the new proposal, the ACI wants to improve Aave's secondary liquidity protocol management, update AAVE tokenomics, and finalize the LEND-to-AAVE migration.
LINK rebounded after a sharp drop, signaling trend shifts. Key resistance and support levels will determine its next move.