XRP price retreats from multimonth highs as overhead resistance from the $3 psychological level remains the most important barrier for the bulls.

XRP price can see 'quick' run to new all-time highs if price breaks $3

As the Crypto Week event, aimed at speedrunning three crypto bills, kicked off 
in DC, Democrats started their own event called Crypto Corruption Awareness 
Week. Rep. Maxine Waters, Rep. Stephen Lynch, and their comrades are pushing 
for clauses that will…

Democrats attempt to take three crypto bills hostage, demanding to block Trump from the crypto business

Financial Times (FT) reports that Brandon Lutnick is in late-stage talks with 
Blockstream founder Adam Back on a roughly $4 billion deal to acquire bitcoin 
using a special purpose acquisition company (SPAC). Unnamed Sources Tell FT 
$4B Bitcoin SPAC Deal in Works Between Lutnick, Adam Back Cantor Equity 
Partners 1, a SPAC backed by Cantor […]

Lutnick’s Cantor Fitzgerald Nears $4B Bitcoin Deal With Adam Back via SPAC: FT

Sharing his latest outlook, CRYPTOWZRD revealed that Chainlink closed 
indecisively, suggesting the market is still weighing its next move. According 
to the expert, a healthy bullish breakout above the $16 resistance is needed 
to trigger a rally. He added that he will continue to follow the intraday 
chart development tomorrow to spot the next scalp opportunity. LINKBTC Needs A 
Bullish Push To Unlock Momentum In the post, CRYPTOWZRD highlighted that the 
daily candles for both Chainlink and LINKBTC closed indecisively today, 
suggesting a temporary pause in momentum. While no strong push was recorded, 
the market remains on edge, awaiting a clear move, particularly from LINKBTC 
to confirm the next direction. Related Reading: Chainlink Holders Set Record 
As 1-Yr MVRV Signals ‘Opportunity’ He emphasized the importance of seeing more 
positive price action from LINKBTC. A bullish rally in the BTC pair could lay 
the foundation for a strong upside move in LINK itself. As the correlation 
between LINK and LINKBTC remains key, traders should keep a close eye on that 
pairing for early signals. Looking ahead, CRYPTOWZRD expects Chainlink to 
challenge the $16 daily resistance level. This price zone has become a 
critical threshold that, if breached, could trigger a more powerful impulsive 
move. A weakening Bitcoin dominance will also play a role in the scenario, 
potentially freeing up capital to rotate into altcoins like LINK. Should LINK 
break above the $16 resistance convincingly, CRYPTOWZRD anticipates a 
continued rally that may extend toward the $30 resistance area or even higher. 
The path toward this ambitious target would require sustained bullish 
sentiment and a supportive broader market environment. The analyst noted that 
his focus tomorrow will remain on tracking the lower time frame chart 
formation. This will allow him to identify potential scalp opportunities in 
real time, capitalizing on intraday volatility as the market defines its next 
major move. Waiting For Clear Market Sentiment Toward Chainlink In conclusion, 
the analyst highlighted that today’s intraday chart displayed a fair amount of 
volatility, signaling uncertainty in the short-term direction. Despite the 
turbulence, key levels continue to shape the outlook for Chainlink. Related 
Reading: Chainlink Bullish Signal Stands Firm, But Bitcoin Is Calling The 
Shots He emphasized that maintaining strength above the $15.85 intraday 
resistance target would be a positive development. It is likely to pave the 
way for the next leg up, with the $16.84 resistance target acting as the next 
area of interest for bulls. However, if price action slips further, the market 
may head toward the $14.40 support target. Given the current conditions, the 
analyst stressed the importance of waiting for market sentiment to mature 
before committing to new trades. Featured image from Freepik, chart from 
Tradingview.com

Chainlink Bullish Trigger: Why $16 Holds The Key To The Next Rally

Kraken has unveiled a regulated cryptocurrency derivatives trading feature to 
bring futures trading to users in the United States, according to a news 
release. Kraken Derivatives US is a new offering that will integrate the 
crypto exchange’s Kraken Pro platform…

Kraken launches U.S. regulated derivatives trading

Lader was one of the early names leave traditional finance to work in the 
crypto space.