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Crypto News within the week

First Chainlink ETF Sees Massive Investor Activity with $41M in Inflows on Launch

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Grayscale launched the first Chainlink ETF in the market yesterday. The fund saw massive investor activity for a first product, with inflows from investors amounting to over $41 million. Chainlink ETF Records Strong Debut With $41M in First-Day Flows The newly launched Grayscale product, traded under the ticker GLNK. It attracted nearly $42 million on

The post First Chainlink ETF Sees Massive Investor Activity with $41M in Inflows on Launch appeared first on CoinGape.

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Binance CEO Richard Appoints Co-CEO For the Exchange, Eyes 1B Users

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At the ongoing Binance Blockchain Week in Dubai, the world’s largest centralized crypto exchange has announced one of its most significant leadership shakeups since 2023. CEO Richard Teng took the stage to reveal that Binance Co-Founder Yi He has been appointed Co-CEO. This is a leadership structure that insiders say has been years in the

The post Binance CEO Richard Appoints Co-CEO For the Exchange, Eyes 1B Users appeared first on CoinGape.

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Altcoin News

Bitcoin

Bitwise CIO Calls Strategy Bitcoin-Sell Narrative “Flat Wrong” in New Client Memo Note

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Bitwise Chief Investment Officer Matt Hougan is rejecting a growing claim that Strategy could be compelled to sell Bitcoin. He called the premise just flat wrong. His note argues that neither index changes nor market pressure creates a requirement to liquidate the firm’s BTC holdings. Bitcoin Jitters as MSCI Weighs Strategy A client note carried

The post Bitwise CIO Calls Strategy Bitcoin-Sell Narrative “Flat Wrong” in New Client Memo Note appeared first on CoinGape.

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US Sen. Lummis Hints At US Bitcoin Buy With ‘Franklin’ Meme

US Senator Cynthia Lummis has reignited speculation that the United States could move to materially increase its Bitcoin holdings, after posting a Bitcoin-themed image...

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Bitwise CIO Calls Strategy Bitcoin-Sell Narrative “Flat Wrong” in New Client Memo Note

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Bitwise Chief Investment Officer Matt Hougan is rejecting a growing claim that Strategy could be compelled to sell Bitcoin. He called the premise just flat wrong. His note argues that neither index changes nor market pressure creates a requirement to liquidate the firm’s BTC holdings. Bitcoin Jitters as MSCI Weighs Strategy A client note carried

The post Bitwise CIO Calls Strategy Bitcoin-Sell Narrative “Flat Wrong” in New Client Memo Note appeared first on CoinGape.

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Base–Solana Bridge Goes Live With Chainlink Integration, Boosting Cross-Chain Liquidity

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Coinbase’s Layer-2 network, Base, has launched its first official Solana bridge. This allows users to transfer crypto funds across the two networks without complex procedures or third-party applications. The Chainlink Cross Chain Interoperability Protocol authenticates and secure messages being transferred between the chains. Why Does the Base–Solana Bridge Matter for Cross-Chain Activity? Based on the

The post Base–Solana Bridge Goes Live With Chainlink Integration, Boosting Cross-Chain Liquidity appeared first on CoinGape.

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Why are TAO, ZEC, and CRV Prices up Today?

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The cryptocurrency market experienced a boost on December 4th, with its total market cap climbing to $3.1 trillion. Bitcoin stayed above $92,000, and Ethereum hovered around $3,100. Although trading volume declined to 143 billion, multiple altcoins registered impressive price gains. Interestingly, there have been substantial gains in the value of TAO, ZEC, and CRV. Let’s

The post Why are TAO, ZEC, and CRV Prices up Today? appeared first on CoinGape.

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Neither Panic Nor Greed: Ethereum (ETH) Enters the ‘Healthy Zone’

Ethereum (ETH) is maintaining a calm center in a restless market, with its Net Unrealized Profit/Loss (NUPL) metric currently sitting near 0.22. The reading shows...

4,730,000 LINK Grabbed by Whales in Just 2 Days: Is a Big Chainlink Rally Coming?

Chainlink (LINK) has seen a sharp rise in whale accumulation over the past two days. This increase in whale buying, paired with improving technical...
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Todays Highlights

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The weekly jobless claims have fallen to its lowest level in over three years, a development that could allay fears over a weakening labor market. This comes ahead of the FOMC meeting, where the Fed is likely to lower rates, which is a positive for Bitcoin and the broader crypto market. U.S. Weekly Jobless Claims

The post U.S. Weekly Jobless Claims Fall to 3-Year Low Ahead of FOMC Meeting appeared first on CoinGape.

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