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Chainlink LINK price fell on Friday as short-term traders cashed in on LINK’s rise following its announcement of helping the US Government put economic data on-chain. The US Department of Commerce is tagging Chainlink (LINK) to help the US government bring “government macroeconomic data on-chain, per Commerce Secretary Howard Lutnick. The announcement was a bullish flag not just for LINK holders, but for the vast crypto market. However, a dip was expected as investors cashed in and sent price back down. Chainlink is the next RWA foundational chain, gaining traction because of the budding tokenization narratives. Cardano is also embracing the true decentralization elements, boasting a perfect spot for Wall Street assets to come on the ADA chain. Chainlink LINK Price Dip: A Can’t-Miss Buy-The-Dip Opportunity? Despite the recent dip, Chainlink’s US Government blockchain deal is still one that could send LINK surging in value. After the short-term dump, LINK is expected to...

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Brazil’s Finance Minister Fernando Haddad criticized the White House for weaponizing the US dollar and said in a television interview with UOL that BRICS has a right to uphold trading in local currencies and not succumb to Trump’s pressures. Haddad remarked that the US has no right to prevent other countries from using their local currencies they deem fit. “That doesn’t make sense. If we can make our transactions cheaper, why would we make them more expensive?” he said. The bilateral trade in local currencies between BRICS members makes it cheaper as the foreign exchange rates are lower. In addition, it also boosts their currency in the forex markets and helps to solidify their GDPs. Import and export businesses could save tons of money as exchange rates are mostly minimal compared to the US dollar. The minister acknowledged that the US dollar will remain the world’s reserve currency, unless the White House makes a series of mistakes. Also Read: BRICS De-Dollarization Rever...

Macro and crypto investor Dan Tapiero is predicting that an altcoin rally is in the cards. Tapiero tells his 133,900 followers on the social media platform X that the altcoin market now has bullish fundamentals that didn’t exist seven years ago. “Seven years ago, there were no stables, no [decentralized finance] DeFi, no yield, no Solana, no [non-fungible tokens] NFTs, no decentralized exchanges, no real-world assets, no [artificial intelligence] AI, no prediction market, etc. DAE (digital asset ecosystem) growth not priced in.” Source: Dan Tapiero/X A chart of the total altcoin market cap on the weekly time frame also suggests the crypto sector is forming an ascending triangle, a pattern typically considered a bullish signal in technical Analysis . Turning to Bitcoin (BTC) and Ethereum (ETH), Tapiero says the bull market for the two largest crypto assets by market cap has a “lot further to run” based on the lending market size of both centralized an...

Chainlink’s ETF launch news actually drove LINK up by 5% right now as Bitwise investment strategy filed what’s being called the first U.S. spot cryptocurrency ETF filing for Chainlink. The Link price surge happened after Bitwise’s historic SEC filing, and it’s creating some significant Chainlink market impact across different trading platforms. Bitwise Chainlink ETF SEC Filing (SEC Form S-1 registration document showing official filing) – Source: SEC.gov Chainlink ETF Launch Sparks 5% Price Surge With Bitwise Strategy Source: Binance Academy Bitwise Asset Management actually submitted a Form S-1 with the Securities and Exchange Commission for this groundbreaking Chainlink ETF launch. The cryptocurrency ETF filing is proposing to use Coinbase Custody as the custodian, which would enable direct LINK token exposure through regulated investment vehicles. SBI Group Chainlink Partnership – Source: PR Newswire The Link price surge was pretty much immediate, ...

An apparent bug that has rendered the term “microwave” unsearchable on X has coincided with the crypto community memeifying a controversial trader who claimed an Amazon kitchen appliance was frying his brain. X’s search feature works fine for any other word, but the search term “microwave” is met with the message, “Something went wrong. Try reloading.” The timing of the technical hitch is suspicious to say the least, striking as giddy crypto enthusiasts flooded the platform with jokes about “Bob Lax,” real name Zachary Stuart, being microwaved in his home.  The story appears to be related to a screenshot of a review that Stuart supposedly left on Amazon back in March 2025 in which he claimed that a microwave he ordered had not only radiated his brain but was also spying on him.  The review itself is hard to decipher, with one line reading, “ THEY WATCH GRID NODE NOT KITCHEN PULSE PULSE PULSE THROUGH ME THROUGH WALL .” They microwaved bob...

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Fundstrat Global Advisors managing partner Tom Lee says Ethereum bottomed at around $4,300, while his ETH treasury firm Bitmine Immersion Technologies snapped up another $21 million of the altcoin leader. “Calling ETH bottom to happen in next few hours,” Lee said in an X post earlier today just after 8 p.m. EST.  Lee shared a screenshot of a message he received from Fundstrat’s managing director of technical strategy, Mark Newton. Newton said that ETH presents “a very good risk/reward” at its current levels. He added that he was “highly skeptical” that the largest altcoin by market cap would break out of the bullish trend it has been in recently or that it would fall below last week’s lows.  Mark ⁦@MarkNewtonCMT⁩ again at it. ➡️Calling ETH bottom to happen in next few hours ⁦@fs_insight⁩ ⁦@FundstratCap⁩ Tickers: $BMNR $GRNY pic.twitter.com/038efU7cZH — Thomas (Tom...

In a recent interview with Citi, BlackRock CEO Larry Fink further reiterated his belief in Bitcoin (BTC) and blockchain technology. Fink stated that there is a lot of “legitimacy” around BTC and the blockchain technology around the asset. The chief of the world’s largest asset manager, however, does not believe BTC is a currency, instead comparing it to “digital gold.” BlackRock’s Long-Term Outlook On Bitcoin Source: CryptoSlate In the interview with Citi, Fink said that most of “ BlackRock’s business is based on long-termism .” This statement suggests that BlackRock is quite bullish on BTC’s long-term prospects. Fink also said that Bitcoin (BTC) is a currency of fear. He stated that people buy BTC because they are fearful of their country’s security and the debasement of their currency. Will The Asset Climb To a New Peak Soon? Bitcoin (BTC) has hit multiple all-time highs over the last year. BTC’s climb to new high...

Ethereum (ETH) is nearing an all-time high price of $5,000, opening the door for even higher forecasts in the coming months. The asset has been outperforming Bitcoin (BTC) throughout the Summer, with institutional interest rising and ETH whales constantly active. Following the Jackson Hole Economic Policy Symposium, where Fed Chair Jerome Powell hinted that interest rate cuts may be in the cards before 2025 ends. The news sent stocks and the crypto market higher on Friday, leaking into this weekend’s gains. The second-largest digital asset by market value jumped from roughly $4,400 to $4,800 in less than three hours on Friday, a surge of about 9%. Bitcoin also rose in tandem, returning to $116,000. In addition, on-chain data reveals that Trump’s World Liberty recently bought 1,076 ETH for 5.025 million USDC for $4,670. Large institutional-style purchases like that often reflect growing confidence in Ethereum’s value, and send the asset higher. Ethereum’s performance now shows a 2...

US crypto exchange Coinbase predicts the stablecoin market could more than quadruple by 2028 to reach $1.2 trillion. In an Aug. 21 report called ”New Framework for Stablecoin Growth,” Coinbase said the sector’s growth will be ”underpinned by an improving policy landscape and accelerating adoption trends.” The sector’s market capitalization stands at $288.39 billion now, a ccording to CoinMarketCap.  Coinbase said the stablecoin market has grown at a compound annual growth rate of approximately 65% since 2021. The average adjusted transaction volumes have also surged to $15.8 trillion for the seven months through July 31, up from $10.3 trillion over the same period in 2024, the report said. Surging Stablecoin Demand Will Not Push US Treasury Yields Down Much As stablecoins grow, issuers’ demand for US Treasury bills will soar as well. Coinbase projects that the Treasury will need to issue around $5.3 billion of new short-term debt every ...

BlackRock has cemented its dominance in the digital asset market, with its iShares Bitcoin Trust (IBIT) overtaking the reserves of major exchanges to become the largest known holder of Bitcoin globally.  A seismic shift in the cryptocurrency landscape, as demand pivots from retail-led exchange accumulation to regulated, institutional-grade financial products. According to on-chain data from CryptoQuant reviewed on August 22, 2025, IBIT’s holdings have surged to approximately 781,160 BTC.  BlackRock’s iShares ETF Dethrones Exchanges, Becomes Largest Known BTC Holder “Inflows into BlackRock’s ETF signify a fundamental change in market structure. The primary demand driver has shifted from retail-centric exchange accumulation to regulated, institutional-grade… pic.twitter.com/G043uNYpdW — CryptoQuant.com (@cryptoquant_com) August 22, 2025 This positions the ETF well ahead of Coinbase, which holds around 703,110 BTC, and Binance, with roughly 558,070 BTC. ...

A $50,000 bounty supposedly issued by Europol to help track down administrators of the Russian-based ransomware gang Qilin was actually just a Telegram scam. News of the fictitious bounty fooled several cybersecurity news outlets into reporting that a reward would be paid to anybody who could give Europol information on two Qilin administrators known as Haise and XORacle. The pair supposedly “coordinate affiliates and oversee extortion activities,” and Europol wanted information that “directly leads to the identification or location of these administrators.” However, Europol confirmed to SecurityWeek that the supposed reward was a “scam” and that the agency never announced the bounty.  Not only that, the only social media channels run by Europol can be found on Facebook, Instagram, Bluesky, X, YouTube, and LinkedIn. SecurityWeek notes that a rival gang may have created the fake bounty to damage a rival’s reputation, steal their affiliates, o...