Executive Director of the President&#8217;s Council of Advisers on Digital Assets, Bo Hines, predicts the digital asset industry will see a $15 to $20t surge in value following the GENIUS Act&#8217;s legalization. In a recent interview, the Executive Director of…

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Tokenized stocks promise frictionless investing for the masses. But as Bitrue 
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Australian authorities busted a $123-million crypto fraud. The scheme used 
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The reactivation of dormant Bitcoin could signal market volatility or 
strategic repositioning, impacting investor sentiment and market dynamics.
The post Dormant Bitcoin whale activates after 14 years and moves 60,000 BTC 
appeared first on Crypto Briefing.

Dormant Bitcoin whale activates after 14 years and moves 60,000 BTC

Chainlink (LINK) has been locked in a consolidation phase since early March, 
following a prolonged period of bearish price action that began to lose 
momentum. Since then, the token has ranged sideways with notable volatility, 
reflecting broader uncertainty across the altcoin market. However, as Bitcoin 
pushes toward its all-time high and market sentiment turns increasingly 
bullish, analysts believe a decisive move from LINK may be imminent. Related 
Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 
Level Top analyst Ali Martinez shared insights pointing to a key support level 
that could determine Chainlink’s short-term trajectory. According to Martinez, 
LINK holding above the $12 mark is crucial and could serve as the launchpad 
for a breakout toward the $18–$20 range. This level has acted as a major pivot 
in the past, and reclaiming it with strength would likely attract fresh buying 
pressure. With Bitcoin dominance remaining high and capital rotating 
selectively into altcoins, Chainlink’s upcoming moves could signal a higher 
altcoin market direction. Investors and traders are closely watching this 
consolidation, waiting for a breakout that could kickstart the next leg higher 
for LINK and potentially confirm the beginning of a stronger altcoin cycle. 
The coming days could be critical in determining whether Chainlink is ready to 
rejoin the uptrend. Chainlink Builds Momentum Chainlink has seen a strong 
resurgence over the past two weeks, gaining more than 22% in value since June 
22. After months of consolidation and sideways action, the recent price 
movement suggests that bullish momentum is returning to the altcoin. The 
broader market environment is improving, with Bitcoin nearing its all-time 
high and risk appetite gradually increasing across crypto assets. For 
Chainlink, this has translated into renewed optimism and a growing expectation 
of a breakout. Fundamentally, Chainlink remains one of the most important 
infrastructure projects in the crypto space. Its partnerships with high- 
profile projects such as Ripple and Ondo Finance highlight its crucial role in 
powering real-world asset tokenization and secure on-chain data feeds. These 
integrations support long-term utility and demand, reinforcing investor 
confidence in the project’s future. Ali Martinez emphasized that holding above 
the $12 level is key for Chainlink. According to his analysis, sustained price 
action above this zone could pave the way for a breakout toward the $18–$20 
range. Historically, LINK has shown strong impulsive moves after breaking 
major consolidation zones, and the current structure appears similar. Related 
Reading: Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains 
Momentum LINK Consolidates Below Resistance Chainlink is currently trading at 
$13.32 after facing a minor rejection from the $14 zone. The chart shows that 
LINK remains in a consolidation range that began in early March, with price 
action confined between the $12.20 and $14.50 levels. The token has made 
multiple attempts to reclaim the 50-day and 100-day moving averages, both of 
which now sit just above the current price action. These moving averages, 
along with horizontal resistance around $14, are acting as a strong ceiling 
for now. Despite the recent pullback, LINK remains structurally bullish on the 
mid-term as it prints higher lows since the June bottom near $11. Analysts 
remain optimistic that a decisive close above $14–$14.50 would invalidate this 
range and pave the way for a push toward the $16–$18 zone. Related Reading: 
Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 The 
200-day moving average near $16.77 remains a key target in the event of a 
breakout. However, failure to reclaim $14 could lead to another test of 
support around $12. Overall, the setup remains constructive but will require 
renewed bullish momentum—possibly led by Bitcoin strength or positive 
ecosystem news—for a breakout confirmation. Until then, LINK continues to 
oscillate in a tight range, with bulls watching closely. Featured image from 
Dall-E, chart from TradingView

Chainlink Consolidates Above Key Support – Bulls Eye $20 Range

FTX’s bankruptcy estate is uncertain whether it is legally entitled to 
distribute payouts to creditors in countries like China amid local crypto 
restrictions.