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Crypto News within the week

โ€œThe Market Got It Wrong,โ€ CryptoQuant Analyst Says Strategyโ€™s MSTR is Massively Undervalued

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A CryptoQuant analyst has disagreed with the marketโ€™s current outlook for Strategy. In his argument, he claims that investors are mispricing the firmโ€™s Bitcoin treasury. He said the true value of MSTR can be way higher than the traders might think. โ€œMarket Misread the Signalโ€: Analyst Says MSTR Is Deep in Undervaluation CryptoQuant analyst Carmelo

The post โ€œThe Market Got It Wrong,โ€ CryptoQuant Analyst Says Strategyโ€™s MSTR is Massively Undervalued appeared first on CoinGape.

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Grayscale Cleared to Launch First Spot Chainlink ETF This Week Amid Rising Demand

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Grayscale has received clearance to move ahead with the first spot Chainlink ETF. This would be the third fund launched by the asset manager in just two weeks. The product comes amid rising adoption of the token. Grayscale Set to Launch First Spot Chainlink ETF This Week Grayscaleโ€™s Chainlink Trust is about to get turned

The post Grayscale Cleared to Launch First Spot Chainlink ETF This Week Amid Rising Demand appeared first on CoinGape.

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Michael Saylorโ€™s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylorโ€™s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylorโ€™s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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New to Market

Polymarket Rival Kalshi Moves On-Chain With Launch of Tokenized Prediction Markets on Solana

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Kalshi has moved fully on-chain with the launch of tokenized prediction markets on Solana, marking its strongest challenge yet to Polymarket in the fast-growing prediction sector. The shift turns Kalshiโ€™s event contracts into Solana-based tokens that users can trade with greater speed and privacy. Solana Integration Delivers Faster, Cheaper and More Private Trading The new

The post Polymarket Rival Kalshi Moves On-Chain With Launch of Tokenized Prediction Markets on Solana appeared first on CoinGape.

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Ethereum Price Crashes Below $3,000 as $500M Longs Liquidated: Whatโ€™s Next?

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Ethereum price dropped by over 10% in the past 24 hours, falling below $3,000. The drop came after the cryptocurrency breached critical support at $2,900. This resulted in a wave of stop-loss triggers and liquidated long positions of $500 million. The volume of trading increased to 33.2 billion, which is 200% higher. There was also

The post Ethereum Price Crashes Below $3,000 as $500M Longs Liquidated: Whatโ€™s Next? appeared first on CoinGape.

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Operation Choke Point: House Republicans Spotlight Biden Administrationโ€™s โ€˜Attack on Cryptoโ€™

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A new congressional report from Representative French Hill makes several allegations against federal regulators. It claims they restricted the U.S. crypto industry through actions resembling a revived Operation Choke Point.ย  The document claims that agencies used unclear rules and informal pressure. The report also points to forceful enforcement efforts. These actions caused more than 30

The post Operation Choke Point: House Republicans Spotlight Biden Administrationโ€™s โ€˜Attack on Cryptoโ€™ appeared first on CoinGape.

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XRP Price Prediction as Ripple Gets MAS Licence in Singapore

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The XRP price draws renewed interest as it moves toward a familiar support region. The chart indicates a broad demand zone which tends to respond intensely in case of recurrent declines. This is a region that is now attracting attention since it is in line with historical rebound points observed in previous sell-offs.ย  Meanwhile, Rippleโ€™s

The post XRP Price Prediction as Ripple Gets MAS Licence in Singapore appeared first on CoinGape.

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CryptoQuant: Strategyโ€™s Bitcoin Is Worth 78% More Than Its Stock

According to CryptoQuant analyst Carmelo Alemรกn, the market is mispricing Strategy (MSTR), arguing that the firmโ€™s 649,870 BTC stash now implies a value thatโ€™s...
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Todays Highlights

Michael Saylorโ€™s recent post has stirred fresh buy speculation around Strategyโ€™s Bitcoin holdings. He shared a portfolio chart and wrote, โ€œWhat if we start...
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