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Crypto Whales have dumped over 170 million in Chainlink (LINK) in the last three weeks, signaling concerns of a potential price crash. In the last 30 days, LINK is down 18%, with selling pressure around the altcoin growing. Despite the coin being added for transactions on the PayPal payment service , momentum around LINK remains negative, causing some concern that the asset’s price will continue to decline. After weeks of volatility and downside moves, bulls continue to struggle to regain control, with LINK failing to break above key resistance levels. According to on-chain data from Santiment, whales have sold over 170 million LINK in the last three weeks. Whale activity around an asset is often looked at when analyzing a cryptocurrency’s next price movement. This significant outflow from large holders has fueled speculation that an additional downside may come. Chainlink is down 17% since March 26. Its trading volume in the last 48 hours is also down over 20%, with smaller...

On Wednesday, US Senator Elizabeth Warren called for the Securities and Exchange Commission (SEC) watchdog to investigate whether the Donald Trump administration profited from dropping crypto enforcement against the likes of Justin Sun, Binance, and Coinbase.  In a letter to the SEC’s Inspector General Deborah Jeffrey — who is responsible for investigating “allegations of wrongdoing or misconduct involving SEC programs, operations, or personnel” — Warren asked if she could probe the agency, members of the White House, or anyone with direct ties to Trump’s family and business partners to find out if they influenced SEC crypto policy. If this turns out to be the case, Warren wants to uncover if they made a profit from any crypto policy meddling. She said, “President Trump, his closest advisors, and his family members all stand to benefit from boosts in the crypto industry.” SEC drops high-profile crypto cases in pivot Read more: ETH down 39% sinc...

Watr, a blockchain platform designed to bring commodities on-chain, has announced it would be partnering up with Avalanche (AVAX) and migrating to an Avalanche Layer 1 (L1) blockchain, as per the most recent info shared with Finbold on Thursday, April 3.  The main goal of the partnership is to digitize commodity trading and financing, including metals, fuel, food, etc. On-chain commodity trading Many sectors of the commodities industry are known for limited liquidity and profitability.  Picks for you Bitcoin sell-off: 19k holders flee amid Trump trade war 19 mins ago WhiteBIT Nova surpasses 1 million transactions   53 mins ago ...

VeChain (VET) has faced a massive price correction over the last few months. The asset has slipped to the 55th position among the top projects by market cap. VET’s price is down 1.2% in the daily charts, 17.3% in the weekly charts, 12% in the 14-day charts, 24.2% in the monthly charts, and 44.6% since April 2024. Source: CoinGecko Also Read: Ripple: XRP Forecasted To Hit New All-Time High of $4, Here’s When Cryptocurrencies Dip On Liberation Day Source: Watcher Guru President Donald Trump said that he would announce new tariffs for India, Japan, and other countries on Apr. 2, a day he called “ Liberation Day ” for Americans. Market participants may be weary about the upcoming tariffs. Risky assets such as cryptocurrencies have taken a massive hit. VET and most other crypto assets are trading in the red zone today. Also Read: Indian Firm Jetking to Raise Funds for Bitcoin Investment Macroeconomic headwinds have presented considerable challenges to the crypto market. The...

With the price of bitcoin down 10% and global crypto markets losing half a trillion dollars since the start of the year, investors are questioning the mainstream narrative that institutional demand would drive up the price of bitcoin. This year, giant companies like Tether, MicroStrategy, and Blackrock have been gobbling up tens of thousands of bitcoin, yet their efforts have not stopped its declining price. Once upon a time, tether (USDT) supposedly pumped the price of bitcoin. In years past, according to researchers like John Griffin and Amin Shams, the minting of the world’s most popular, intermittently backed, stablecoin empowered market manipulators to induce demand for bitcoin. Despite the uncertainty of this theory, the idea of Tether’s power has remained popular. Similarly, institutional demand was supposed to propel bitcoin to new heights . “The institutions are coming” meme dominated discussions among many bitcoin investors over the years who predict...