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news-imageDecember 13, 2024

Why Altcoins Were Thrashing the Market on Thursday

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.
Publisher: The Motley Fool
Sentiment: Positive
LINK
ADA

More News Articles

Positive
cover-imageThe Currency Analytics
December 13, 2024

Chainlink Price Surge: Open Interest Hits Record High

Chainlink (LINK) has recently reached its highest price in two years, fueled by strong whale activity and an all-time high in open interest (OI) in futures contracts. These developments suggest that Chainlink could be on the verge of a substantial rally, with some experts predicting a possible 40% rise.

Positive
cover-imageThe Currency Analytics
December 12, 2024

SUI Price Hits New ATH – Bulls Eye $10 in 2024

SUI's price has been making headlines recently, as it surged dramatically to a new all-time high (ATH) of $4.86, signaling massive investor confidence. Over the past few days, the price has risen by 35%, driven by an impressive spike in trading volume.

Positive
cover-imageNewsBTC
December 12, 2024

Chainlink And AAVE Surge After Trump's Crypto Project Invests In Both

US President-elect Donald Trump's World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11.

Positive
cover-imageBeInCrypto
December 12, 2024

Aptos (APT) Price Recovers 15% After $2 Billion Market Cap Loss

Aptos (APT) price has risen nearly 15% in the last 24 hours, recovering strongly after its market cap dropped by $2 billion ahead of a $134 million token unlock. Despite recent bearish signals, such as a death cross formation and a 10% price decrease, APT is showing signs of a potential trend reversal.

Positive
cover-imageCoingape
December 12, 2024

Can Cardano Price Hit $5 By January?

Cardano price has climbed significantly over the last month, aligning with the general uptick in the crypto market. As Bitcoin maintains its position of over $100,000, investor enthusiasm appears to be heightened.

Positive
cover-imageCrypto Economy
December 12, 2024

LINK Soars 16.5%: Whales Drive Chainlink to 3-Year Price High

TL;DR Chainlink surpassed $29 for the first time in 37 months, although it is currently at $28 after a brief retracement. Whales and institutional investors have accumulated more than 5.6 million tokens in two months, driving the price and open interest in futures to a record $770.27 million. If it surpasses $29.

Positive
cover-imageCoinPedia
December 12, 2024

Time to Buy LINK? Chainlink Open Interest Soars to All-Time High

On December 12, 2024, Chainlink (LINK) seems to be in the eyes of both whales and institutions, leading to a notable price surge in the past 24 hours. According to a whale transaction tracker on X (formerly Twitter), significant accumulation has been reported, ranging from wallet-linked Trump to whales.

Positive
cover-imageInvezz
December 12, 2024

LINK price tops 2021 levels as Trump's World Liberty Finance goes altcoin shopping spree

Cryptocurrencies traded in the green today as bulls flexed after Monday's crash. Amidst the optimism, Chainlink (LINK) stole the show as it touched price levels not seen since November 2021. LINK's outperformance follows massive institutional purchases. Blockchain data shows Donald Trump's World Liberty Financial (WLFI) splashed millions to purchase Chainlink, Ethereum, and AAVE.

Positive
cover-imageBenzinga
December 12, 2024

Chainlink Price Soars 22% On President-Elect Donald Trump's World Liberty Financial Purchases: How High Can LINK Go?

Chainlink (CRYPTO: LINK) soared 22% in 24 hours, bringing its month-over-month performance to 93% as fundamental developments point to a bullish future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $27.80 $17.4 billion +22% +14.8% Avalanche (CRYPTO: AVAX) $49.86 $20.4 billion +9.9% -5.5% TRON (CRYPTO: TRX) $0.2963 $25.6 billion +8.2% -12.4% Trader Notes: Crypto trader Altcoin Sherpa advises traders to look for demand zones on lower timeframes, targeting $25 for short-term scalping.

Positive
cover-imageCryptoGlobe
December 12, 2024

Why is Cardano (ADA) Up Today?

The price of the native token of the Cardano ecosystem, ADA, is up by more than 10.6% in the last 24-hour period, outperforming the wider cryptocurrency market over the same period, in which BTC and ETH rose 2.1% and 5.3% respectively. The cryptocurrency's price has been rising shortly after the network's Daedalus v7.0.0.

Negative
cover-imageThe Currency Analytics
December 12, 2024

Cardano Slips Below $1.20: ADA's Recovery Outlook

Cardano (ADA) has recently dropped below the crucial $1.20 support level, raises concerns about its near-term recovery potential. In the past 24 hours, ADA has declined by over 16%, marking a significant drop in its price.

Positive
cover-imageCrypto Economy
December 12, 2024

Sui (SUI) Price Hits New All-Time High After 25% Rally

TL;DR Sui (SUI) reached a new all-time high of $4.86 on December 12, 2024, following a 25% rally driven by the integration of the Backpack exchange and wallet. The integration boosted Sui's DEX volume to a record $466 million in a single day, enhancing user experience and liquidity on the platform.

Positive
cover-imageCoinPedia
December 12, 2024

Chainlink News: Whale Accumulation Signals Bullish Momentum for LINK

Chainlink (LINK) recently experienced its first weekly drop in a month, as the crypto market took a bloodbath after a strong rally. This dip is in line with other altcoins like Ethereum and Cardano, which also saw some retreat. Despite this short-term correction, many analysts believe LINK is poised for a strong rebound.

Positive
cover-imageThe Daily Hodl
December 12, 2024

Top Trader Predicts Chainlink (LINK) Rally, Says One Memecoin Gearing Up to ‘Mega Send'

A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart.

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