The post Chainlink Price Analysis Shows LINK Testing Breakout Setup After Falling Wedge Formation appeared on BitcoinEthereumNews.com.
The price of Chainlink (LINK) appears to be stabilizing following its extended downward trend, with technical indicators suggesting a potential trend reversal. The token has been trading within a falling wedge pattern against BTC, a pattern that forms when the token’s price is in a prolonged sell-off and consolidation trend. Notably, after months of lower momentum, LINK is nearing the lower limit of the pattern. The buyers are trying to push the price to defend the current level, and traders are observing whether the token can recover the level and confirm if it is attempting a bigger recovery. LINK Remains Trapped Inside Falling Wedge Pattern Even so, the monthly LINK/BTC chart from analyst Time Freedom shows a falling wedge formation has formed since the recent LINK high. The pattern has seen declining highs and decreasing price action, indicating tha
The post Chainlink News: $7.2 Billion Migrated From LayerZero to CCIP appeared on BitcoinEthereumNews.com.
In Chainlink news today, more than $7.24Bn in cross-chain assets have migrated from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) since May, with Mantle’s Super Portal becoming the latest high-profile departure. LINK is trading at $7.90, up +2.7% in the last 24 hours, as markets begin to price in the infrastructure narrative beneath the headline number. The detail most traders are overlooking sits inside the migration roster itself. Mantle Joins Migration to Chainlink CCIP Today, @Mantle_Official confirmed its exit from @LayerZero_Core, migrating its Super Portal to @Chainlink’s institutional standard for cross-chain security. Over 7.2B in total value has already migrated from LayerZero to Chainlink’s… pic.twitter.com/IQqAmW07IA — BSCN (@BSCNews) July 9, 2026 Mantle confirmed it is moving its Super Portal, co-developed with Bybit, from LayerZero’s Omnichain
The post Metaplanet Studies Bitcoin-backed Digital Bonds in Japan appeared on BitcoinEthereumNews.com.
Japanese investment and Bitcoin treasury company Metaplanet’s securities arm, Metaplanet Securities, stablecoin issuer JPYC and tokenization infrastructure provider Progmatare are tying up on a joint study on Bitcoin-backed digital credit products in Japan. The study involves using BTC as collateral and a credit enhancement tool combined with the Japanese yen-pegged JPY Coin (JPYC) stablecoin for settlement and payments, while security tokens will be used to manage holder rights, Metaplanet said Friday. The joint study will examine whether Bitcoin can be used as collateral or credit enhancement for digital corporate bonds and other credit instruments, with 24/7 accessibility, settlement and daily interest accrual for holders, issued on the blockchain ledger. No product has been launched yet as part of the experiment. The study suggests Metaplanet is looking beyond its role as a Bitcoi
The post Bitcoin (BTC) price challenges Monday’s rejection level as ether (ETH) looks to break its streak of lower highs appeared on BitcoinEthereumNews.com.
The crypto market took another leg higher on Friday with bitcoin BTC$64,388.92 trading at $64,400, up by 2% since midnight UTC. The largest cryptocurrency is currently at the price it failed to penetrate on Monday. If it can break past this level, it will likely advance toward the June 15 high of $67,250. Ether (ETH) outperformed bitcoin, rising 2.6% to $1,790 as it looks to snap a trend of sequential lower highs and lower lows. There were also notable gains across the altcoin sector ahead of the weekend, typically a period of lower liquidity. Zcash (ZEC) and aave AAVE$96.92 both rose by around 5% as optimism is slowly crept back into more speculative bets after months of waning sentiment. Crypto diverged from U.S. equities, with S&P 500 index futures and Nasdaq 100 futures falling 0.1% and 0.4%, respectively. Derivatives position
The post Crypto Prices Today: BTC, ETH and XRP Price Rally appeared on BitcoinEthereumNews.com.
The post Crypto Prices Today: BTC, ETH and XRP Price Rally appeared first on Coinpedia Fintech News Crypto Prices today are back in the green as Bitcoin (BTC), Ethereum (ETH), and XRP posted gains of nearly 1.5% over the past 24 hours, lifting sentiment across the broader crypto market. While the price action appears modest at first glance, on-chain data suggests a much stronger narrative is unfolding beneath the surface. Bitcoin whales … Source: https://coinpedia.org/price-analysis/crypto-prices-today-btc-eth-and-xrp-price-rally/
The post Bitcoin Tries for New July Highs Amid Falling Oil, Dollar Strength appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) eyed new July highs on Friday as US-Iran peace momentum kept oil lower. Key points: Bitcoin bulls keep upside momentum going as BTC/USD seeks a new multi-week record. Declining oil prices and US dollar strength contrast with crypto market rebound. $65,000 is now “crucial resistance” to be tackled, says analysis. Bitcoin reaches $64,350 as dollar strength, oil drop Data from TradingView showed BTC/USD climbing above $64,000, coming within $400 of new three-week highs. BTC/USD four-hour chart. Source: Cointelegraph/TradingView Amid ongoing hopes that the US-Iran peace deal could be salvaged, US WTI crude oil stayed lower after rejecting from $76 per barrel. CFDs on US WTI crude oil one-day chart. Source: Cointelegraph/TradingView US dollar strength fell for a third straight day, with the US dollar index (DXY) approaching its lowest figures since mid-June. US doll
The post Metaplanet Studies Bitcoin-Backed Digital Credit Built on Its 43,000 BTC appeared on BitcoinEthereumNews.com.
Bitcoin News Metaplanet is preparing to turn its Bitcoin (BTC) hoard into a yield engine. On July 10 the Tokyo-listed treasury company said it has opened a joint study with yen stablecoin issuer JPYC and regulated security-token platform Progmat to develop Bitcoin-backed digital credit products for the Japanese market. The company’s investor-relations disclosure frames the effort as tokenized credit instruments that use BTC as collateral, stablecoins for settlement and security tokens for ownership records. It is Metaplanet’s clearest move yet beyond simply accumulating Bitcoin, aiming instead to make the asset a working component of regulated debt markets rather than an idle balance-sheet entry. The four-party structure divides the work cleanly. Metaplanet and its securities arm would design and distribute the combined BTC-and-credit products, handling underwriting, s
The post Bitcoin trades above key technical support as 307 day consolidation nears historic record appeared on BitcoinEthereumNews.com.
Bitcoin BTC$64,359.32 is trading around $64,000, marking 307 days within the $60,000- $70,000 range. The consolidation range is now the third longest period spent in any $10,000 price band in bitcoin’s history, behind only the $10,000-$20,000 and $20,000-$30,000 ranges during the bear markets of 2018 and 2022 respectively, according to Glassnode data. From a technical perspective, bitcoin continues to trade above its 200-week moving average, currently around $62,873. Historically, prolonged moves below this level have been short lived, making it a closely watched gauge of the long term trend. Despite holding near $64,000, bitcoin remains roughly 50% below its all-time high reached in October. Onchain data also points to a significant area of support. Glassnode’s Entity Adjusted UTXO Realized Price Distribution, which tracks the price at which bitcoin l
