Crypto News
LINK Rebounds 4% as Chainlink Roll Outs Data Streams for U.S. Equities and ETFs
The price of LINK (LINK), native token of oracle provider Chainlink, climbed 4% on Monday extending its rebound from late last week's crypto carnage.The token hit $17 during the session, up nearly 10% from the weekend lows, CoinDesk data shows.The move occurred as Chainlink rolled out market data feed for U.S. Equities and ETFs, aiming to connect traditional financial instrument with on-chain capital markets. Chainlink Data Streams now provide "real-time, high-throughput pricing" for assets such as SPY, QQQ, NVDA, AAPL, MSFT, and other instruments across 37 blockchain networks, according to a blog post. The feature enables use cases such as tokenized stock trading, perpetual futures and synthetic ETFs on blockchain rails.Solana-based DeFi protocol Kamino and decentraliized perpetuals trading venue GMX...
Solana Treasury Company DeFi Dev Corp Buys the SOL Dip, Stacks Another $18 Million
The Solana treasury company bought the dip, boosting its Solana holdings.Source link
Alpen Labs Launches Public Testnet for Bitcoin Financial System
Alpen Labs launched its public testnet on Monday, advancing efforts to build a native financial system directly on the Bitcoin blockchain. Bitcoin ZK-Rollup Testnet Goes Live With EVM Compatibility According to the Alpen Labs release shared with Bitcoin.com News, the testnet allows developers to experiment with Bitcoin-based financial applications previously confined to centralized services orSource link
Coinbase Receives Downgrade to ‘Sell’ as Retail Interest Cools: Compass Point
Compass Point analysts view cooling interest in crypto trading among retail investors as a potential headwind for the exchange.Source link
Blockhain-Based Loans Firm Figure Files Confidential Submission for IPO
Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year.Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald Trump took office with a pro-crypto agenda. Earlier this year, USDC (USDC) stablecoin issuer Circle (CRCL) had a blockbuster debut on the Nasdaq, with shares zooming to $300 from the IPO priced at around $30. Custodian BitGo, asset manager Grayscale and exchange operator and CoinDesk owner Bullish filed for IPOs as well.Figure, founded by former SoFi CEO Mike Cagney, has played a key role in the...