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Grayscale has launched the first US spot LINK ETF today. HYPE rallies after Sonnet shareholders authorize Hyperliquid DAT’s merger. ASTER gains more than 13% on a new collaboration with WLFI. Cryptos rebounded on Tuesday as the value of all tokens increased by more than 6% to $3.06 trillion. Bitcoin has reclaimed $90,000 as Ethereum trades above $3,000. This article evaluates three altcoins, Chainlink, HYPE, and ASTER, that remained in the spotlight today for various reasons. Grayscale’s spot Chainlink ETF goes live Grayscale has officially converted its Chainlink Trust to an ETF today, introducing the first-ever US exchange-traded fund. The debut…

CNN has named prediction market operator Kalshi as its official data partner, giving the network access to real-time probabilities across political, cultural, and economic events as interest in market-based forecasting grows inside U.S. media.The collaboration, announced on Tuesday U.S. time, will bring Kalshi’s data into CNN programming and newsroom workflows. The network plans to build Kalshi’s forecasts into on-air analysis and introduce a live ticker that displays the latest market-implied odds during segments that use the data.CNN’s integration will be led by Harry Enten, the network’s chief data analyst, who specializes in polling and probability-based reporting. According to Kalshi, Enten…

Sonnet BioTherapeutics will merge with Rorschach LLC to launch the first major HYPE treasury company.Biotech company Sonnet BioTherapeutics announced that its shareholders have approved a merger with Rorschach LLC to launch the first major Hyperliquid digital asset treasury (DAT).The vote was passed on Dec. 2, nearly five months after the company agreed to combine with Rorschach to form Hyperliquid Strategies, which aims to hold $583 million worth of HYPE tokens and at least $305 million in cash, for an anticipated total value of $888 million. HYPE is up 8% today, driven by the overall market’s bounce, and anticipated inflows into…

The record day was November 26 when over a third of the monthly burns occurred. The second-biggest meme coin has been nosediving in the past several months, and it seems like only the combination of multiple positive factors could fuel a revival. The burning mechanism is one such element, with the SHIB team and community destroying millions of tokens last month. The Exact Numbers According to data from ShibaBurnTracker, November saw 248 burn transactions (8.27 per day), totaling roughly 163 million SHIB permanently sent to a null address. The record date was November 26, when over 60 million coins were…

Bitcoin is seeing renewed optimism of a recovery, as crypto market analysts are eyeing six figures for the cryptocurrency as it gained above $92,000 after a fall to $84,500.“This is what you’d want to see. [Bitcoin] coming back up again, after a weird move down on the 1st of this month,” MN Fund founder and analyst Michaël van de Poppe said on Tuesday.He added that it was “crucial” for Bitcoin (BTC) to break above $92,000.“If that breaks, then I’m sure we’ll start to see a new all-time high and a test at $100,000.”Van de Poppe compared Bitcoin’s current price situation…

Bitfinex Alpha reveals that selling pressure has reduced, and BTC is close to its lowest point in this cycle. The recent market downtrend has left many bitcoin investors and market enthusiasts in confusion. This is because predictors and a few factors point to a further downtrend, while some claim that the world’s leading crypto sits at a powerful support zone. Obviously, BTC witnessed a significant price recovery last week, jumping by about 15% to surpass $93,000. However, this move was short-lived, as it plunged by $84,000 on Monday amid heavy selling by many holders, setting the new week off to…

A six-year data review shows five large and mid-cap cryptocurrencies often gain during December. However, their “Santa rally” success is clustered in specific bull and recovery years, not every Christmas.The analysis covers December performance from 2019 to 2024. It focuses on USD returns for Bitcoin, Ethereum, Binance Coin, Litecoin and Monero.Bitcoin: Big December Moves in Bull CyclesBitcoin delivered its strongest December in 2020, rising about 48% from roughly $19,700 to $29,000. It posted another solid December gain in 2023, adding about 12% as ETF optimism returned.Sponsored SponsoredBy contrast, Bitcoin fell about 5% in December 2019 and nearly 19% in 2021.…

Interpol’s updated crime data reveals increasingly sophisticated crypto scam networks overlapping with drug, firearms, and wildlife trafficking markets worldwide. International Criminal Police Organization (Interpol) has formally designated crypto-enabled fraud as a global criminal threat, following the adoption of a new resolution at its General Assembly, which aims to tackle the rapid expansion of transnational scam centres implicated in large-scale fraud, human trafficking, and severe abuse. According to the organization, these criminal hubs often lure victims with promises of high-paying overseas jobs before coercing them into compounds where they are forced to carry out schemes ranging from voice phishing and romance…

The US Nasdaq stock exchange is making SEC approval of its proposal to offer tokenized versions of stocks listed on the exchange a top priority, according to the exchange’s crypto chief.“We’ll just move as fast as we can,” Nasdaq’s head of digital assets strategy, Matt Savarese, said during an interview with CNBC on Thursday, when asked whether the SEC could approve the proposal this year.“I think what we have to really evaluate where the public comments come back in and then answer and respond to the SEC questions as they come through,” Savarese said. “We hope to kind of work…

The Bitcoin market experienced a moderate price rebound over the past week, following a prolonged period of price correction that began in early October. The flagship cryptocurrency is now trading above $90,000, with hopes building for a potential push back toward its all-time high of $126,100. Notably, popular market analyst KillaXBT has flagged a key price zone that could serve as the next target in this relieving market recovery. Related Reading Bitcoin Headed To $95k-$96k, But Price Pullback May Occur First – Analyst In an X post on November 28, KillaXBT shares some compelling insights on Bitcoin’s price condition, highlighting…