China News Today TheBitTimes.com

The decentralized oracle network Chainlink (LINK) is continuing its streak at the top of crypto’s real-world asset (RWA) sector in terms of recent development activity, per new research from the analytics firm Santiment. Santiment notes in a new post on the social media platform X that Chainlink registered 372 notable GitHub events in the past 30 days. The figure far exceeds the second-ranked RWA project, the layer-1 blockchain Hedera (HBAR), which clocked 214 GitHub events in the past month. The Ethereum (ETH) rival layer 1 blockchain Avalanche (AVAX) was third, with 138, and peer-to-peer payments project Stellar (XLM) was fourth with 97. Source: Santiment/X Chainlink has occupied the top spot on Santiment’s list all year, often clocking multiple times the number of GitHub events as the second-ranked project. The analytics firm notes that it doesn’t count routine updates and relies on a “better methodology” to collect data for GitHub events based on a backtes...

Bitcoin’s drop below $110K last week has ignited a surge in “buy the dip” chatter, but Santiment warns that may signal more downside ahead. “Don’t interpret ‘buy the dip’ chatter as a definitive bottom signal,” it said in a report. “ A true market floor often coincides with widespread fear and a lack of interest in buying.” BTC slumped to a low of $107,350 last week, according to TradingView data, while the Crypto Fear and Greed Index plunged to a “Fear” score of 39, signaling widespread anxiety. Daily chart for BTC/USDT (Source: TradingView ) BTC has since recovered slightly to trade at $108,583.22 as of 2:30 a.m. EST, but remains below the psychological $110K mark and more than 5% down over the last week. The Crypto Fear and Greed index has also bounced back, climbing 9 points in the last 24 hours to a “Neutral” score of 48. Investors Trying To Time The Market Now May Get Caught Off Guard With ...