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Blockchain oracle service Chainlink has undergone a quarterly token unlock of 19 million LINK worth over a quarter of a billion dollars. According to pseudonymous on-chain analyst Ember CN, two Ethereum (ETH) addresses unlocked and transferred 19 million LINK tokens worth $262 million to new wallets. Of the unlocked tokens, Ember CN says $205 million worth of LINK was sent directly to Binance, the world’s largest crypto exchange by trading volume. An additional $57 million worth of LINK was transferred to a separate multi-signature address. Says Ember CN, “Every three months, Chainlink’s non-circulating supply address will unlock about 10 to 20 million LINK. Most of them will be transferred directly to Binance, and a small part will be transferred to the 0xD50…8Af address (the LINK transferred to this address enters the LINK staking reward distribution contract and is used to distribute rewards to LINK staking users). Since 2022, nearly 1...

Chainlink (LINK) is among the best-performing cryptocurrencies in the last 24 hours. The asset’s price has surged by more than 20% in the daily charts, compared to Bitcoin (BTC) rallying 3.6% and Ethereum (ETH) rallying 7.1% in the same time frame. Source: CoinGecko LINK’s price has risen by 20% in the daily charts, 12.9% in the weekly charts, 48.4% in the 14-day charts, and 84.5% over the previous month. The asset’s price has also risen by 79.3% since December 2023. Also Read: How High Will XRP Trade On Christmas Day? Why Is Chainlink Rallying Today? LINK’s latest upward swing could be due to a general market resurgence. Bitcoin (BTC) has reclaimed the $101,000 level and is inching closer to a new all-time high. Investor sentiment may pick up steam once again. Another possible reason for LINK’s rally could be rumors about a potential BlackRock partnership. Members from both parties reportedly met at the Abu Dhabi Finance Week. The reports have led to specu...

Recent Analysis suggests that Bitcoin (BTC), the leading cryptocurrency, may be approaching a bullish period. Two primary factors support this outlook: a drop in Bitcoin reserves and an increase in stablecoin reserves. This combination of reduced Bitcoin supply and enhanced buying power has led to expectations of a possible price increase for the digital asset. Meanwhile, crypto analyst Miles Deutscher notes that altcoins are currently forming a flag pattern on shorter time frames while showing a bullish reversal trend marked by higher lows. This indicates that while altcoins are seeing brief price movements within a tight range, the overall trend suggests a potential upward breakout in the near future. Given this bullish sentiment, investors are searching for the best altcoins to invest in today . 6 Best Altcoins To Invest In Today  Maker (MKR) is currently priced at $1,288.31, marking an 8.21% rise in the last 24 hours. On October 22, the Kaspa network processed 15.79 million...

Investing in top crypto gainers presents exciting opportunities for maximizing returns. These high-performing assets often showcase strong market momentum fueled by innovative technology, strategic partnerships, or increased user adoption. By analyzing trends and timing your entry, you can capitalize on their growth.  However, successful investing also requires research, risk management, and diversification. This article digs into today’s top gainers, revealing the unique factors that set them apart and helping you craft a sharper, more informed investment approach.   Biggest Crypto Gainers Today – Top List Drift soared by 16.01% to $0.535081, propelled by the recent launch of Neutral Trade’s staking vault, offering an enticing 30% APY. Meanwhile, Terra Classic edged up 2.85% to $0.00009481, a result of its stable liquidity and consistent market momentum. On the other hand, SuperVerse saw a 2.46% boost after joining forces with SeiNetwork, further strengt...