Crypto News
Chainlink (LINK) Tests Overbought Territory at $23.99 as Whale Accumulation Drives Price Rally
LINK price trades at $23.99 with RSI hitting 73.48, signaling overbought conditions. Recent whale accumulation and Chainlink Reserve launch fuel bullish momentum despite technical warnings. (Read More)Source link
Cardano (ADA) Hits $0.96 After 14% Daily Surge – Can Bulls Break $1 Resistance?
ADA rallies 14.23% to $0.96 as Cardano's RSI signals overbought conditions above 72, with key resistance at $1 ahead following treasury vote momentum. (Read More)Source link
ETH Could Surge to $25K With 8x Stablecoin Growth, Standard Chartered Says
Ethereum is primed for explosive growth as institutional demand, stablecoin expansion, and decentralized finance adoption fuel forecasts soaring to $25,000—according to Standard Chartered’s latest projections. Ethereum Gets Major Boost as Standard Chartered Sets $25K Bull Case Standard Chartered Bank has turned more bullish on ethereum, lifting its price targets significantly as institutional demand and regulatorySource link
Asia Morning Briefing: Korea’s ‘Onshore’ Won Policy Could Hinder Its Stablecoin Ambition
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.South Korea’s decision to shelve its central bank digital currency pilot in favor of private-sector stablecoins has sparked a wave of activities among fintechs and banks.As CoinDesk previously reported, KakaoBank is weighing both issuance and custody roles, while Upbit and Naver Pay are collaborating on a payments-focused token that could help close the “kimchi premium” gap between local and global crypto prices.The opportunity comes as Korea is moving to extend FX trading hours, allow more foreign participation in...
Bitcoin Breaks Past Previous Peak, Logs New All-Time High Over $124K
The price of bitcoin shattered its previous ceiling on Aug. 13, hitting a record $124,025 per coin between 7 p.m. to 8:15 p.m. Eastern time. The leading digital asset’s market cap is now larger than Google’s, making it the fifth-largest asset globally. Bitcoin Notches New High—Options Traders Go Big On Bitstamp, bitcoin (BTC) reached $124,025Source link