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Chainlink (LINK) Price News: Declines 2% as ETF News Fails to Break Resistance

Chainlink's LINK token dropped 4% amid broader crypto market weakness and the news regarding a potential ETF from Bitwise. Despite a surge in trading volume, LINK struggled to break the strong technical resistance around $16.25. The price fell to $15.10 as aggressive selling followed the failure to surpass this resistance level. The listing of the proposed Chainlink ETF under the ticker CLNK on the DTCC registry was viewed more as a procedural step than a bullish catalyst, leading to a focus on technical chart signals. Key support was identified at $15.10, with resistance levels at $15.40-$15.50. The trading action has indicated a range-bound market between $15.10 and $16.25. Upside targets in recovery are set at $15.50 and $16.00, while a downturn could see price pressure towards the $15.00 level.

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Firm Behind First U.S. Spot XRP ETF Files for MOG Fund

The firm responsible for the first U.S. spot XRP ETF has submitted a filing for their new fund, identified as the MOG Fund. In this filing, the token is categorized both as a memecoin and as a cultural statement. This move highlights the ongoing innovation and regulatory efforts within

Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss: Blockchain Analyst

Hyperliquid, a decentralized derivatives platform, experienced a significant loss of $4.9 million due to alleged manipulation of the POPCAT token. An attacker executed a scheme by withdrawing $3 million in USDC from the OKX exchange, spreading the funds across 19 wallets to establish a massive leveraged long position valued

Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms

Japan Exchange Group (JPX), the Tokyo Stock Exchange operator, is considering measures to restrict companies that accumulate digital tokens as treasury assets. This move comes amidst growing concerns over investor protection, especially in light of the volatility that comes with crypto assets. JPX is exploring stricter enforcement of listing rules

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