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Bitcoin’s Correlation With Gold Hits Highest Level Since March, While Ethereum Lags Behind

Bitcoin’s correlation with gold has been steadily increasing, reaching its highest level since March 2024. This growing connection highlights Bitcoin’s evolving role as a hedge against macroeconomic uncertainty, particularly in times of recession fears and diminishing confidence in the U.S. dollar. Investors seeking a “safe haven” are turning to Bitcoin, […]

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Chainlink Unlocks 18.75M $LINK, Sends $208M To Binance Amid Stable Price Action

Recently, Chainlink unlocked 18.75 million $LINK tokens (valued at $215 million) from its non-circulating supply contracts. Of this amount, 18.125 million $LINK ($208 million) was transferred directly to Binance, while 625,000 $LINK ($7.18 million) was sent to a multisig wallet, 0xD50f. This unlock follows Chainlink’s established pattern of releasing tokens […]

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RWA Tokenization Gains Momentum, Led By U.S. Interest In 2024

According to data from CoinGecko, the United States led global interest in Real World Asset (RWA) tokenization in 2024, accounting for 14.8% of the narrative’s attention. Following closely were Indonesia and Türkiye, representing 10.1% and 8.0% of global interest, respectively. This growing enthusiasm highlights the increasing adoption of blockchain technology […]

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Bankrupt Institutions 3AC And Alameda Research Offload WLD Tokens Amid Ongoing Unlocks

Since the linear unlocking of WLD investors’ tokens began in late July, two bankrupt institutions—Three Arrows Capital (3AC) and Alameda Research—have been steadily selling their unlocked WLD holdings. Both firms were major investors in the token and have taken to liquidating their assets following their respective financial collapses. Three Arrows […]

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Dogecoin’s Transaction Surge Sparks Bullish Sentiment Ahead Of Possible Breakout

Dogecoin is once again in the spotlight, hitting its highest weekly transaction count since early July with a staggering 1.93 million transactions. This surge in activity has fueled market optimism as investors anticipate a potential bullish breakout. [INTOTHEBLOCK] Dogecoin Hits Highest Weekly Transaction Count Since Early July With 1.93 Million […]