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Chainlink's token LINK surged 12% following dovish comments by Federal Reserve Chair Jerome Powell. Chainlink achieved two major security certifications, ISO 27001 and SOC 2 Type 1, enhancing trust in its platform. Institutional investors drove significant trading volumes, indicating strategic accumulation of LINK tokens. $LINK
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The wild rise and sharp collapse of YZY Coin has once again put celebrity-linked crypto tokens under scrutiny. Initially launched as a memecoin tied to rapper Ye (formerly Kanye West), YZY skyrocketed to a $3 billion market cap within 40 minutes – only to shed nearly 23% in a single day, leaving thousands of traders in the red. Over 60% of wallets trading YZY Coin lost money, according to blockchain researcher Defoissia, with some suffering six-figure losses. The fallout from YZY Coin’s launch has been brutal. Out of 56,050 wallets that interacted with the token in a single day, more than half lost money – most holding losses under $500, but several with five-figure hits. One unlucky trader reportedly lost over $1 million in a single trade. Meanwhile, blockchain data shows that just two wallets extracted nearly $23 million across YZY and LIBRA launches, using near-identical timing strategies that suggest early contract access. $SOL #solana #YZY
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Crypto markets appear to be entering a cautious rebound mode even as sentiment shifts towards "fear." Bitcoin dropped to just above $113,000 yesterday, a 2% dip that bulls are attempting to erase today. And while the broader market shows mixed signals, there are few risky risk-on crypto assets showing signs of strength: Ethereum, Solana, and the DeFi staple Chainlink. First, the bigger picture: The release of July FOMC meeting minutes today and Federal Reserve Chair Jerome Powell's Jackson Hole speech in two days could clarify rate-cut timing, and that’s keeping traders on edge for now. Markets across the board are feeling the uncertainty: The S&P 500 dropped nearly 1% today, and the Crypto Fear & Greed Index has shifted dramatically in just the last seven days. Last week, crypto markets were overwhelmingly in “greed” territory, scoring above 70 on a scale from 0 to 100. Now the meter is all the way down to “fear” at 44—the lowest the index has read since June. Still, even within this environment, Ethereum, Solana, and Chinklink, which trades as LINK, are finding buyers. Why? Let’s dive into the charts: $BTC $SOL $ETH
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Dogecoin price today is $0.2432 with a 24-hour trading volume of $6.66 B and market cap of $36.59 B. DOGE price changed by -0.4045% in the last hour, 6.5874% in the last 24 hours, and 26.773% in the last week. Dogecoin reached an all-time high of $0.7386 on May 08, 2021. Currently, it's down -67.07% since its record high. Dogecoin's current circulating supply is 150,445,036,384.$DOGE #ETHBreaks4000 #CryptoIn401k #USFedNewChair #Notcoin #BuiltonSolayer
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Latest News
Bitcoin(BTC) Drops Below 112,000 USDT with a 2.71% Decrease in 24 Hours
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Ethereum's Recent Outperformance Over Bitcoin May Be Short-Lived
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Japan's Economy Minister Highlights Web3's Role in National Industries
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BNB Drops Below 870 USDT with a 0.35% Decrease in 24 Hours
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Citigroup Updates U.S. Treasury Yield Forecasts for Year-End
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