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Chainlink has reached a critical stage as its price tightens in a long-term consolidation pattern. The market has demonstrated resilience amidst the volatility in recent times. Constant accumulation by the Chainlink Reserve is increasing pressure on the supply side. This consistent stacking may provide support to any breakout momentum that may come in the following
The post Chainlink Price to $98? Analyst Confirms Bullish Breakout As LINK Reserves Reach $1.4M appeared first on CoinGape.
The post Ethena Price Aims $1 With Golden Cross & Whales Stashing Big appeared first on Coinpedia Fintech News
The Ethena price is making waves in Q3, which are mainly fueled by whale accumulation, rising USDe demand, and major technical breakouts. With the token recovering quickly despite its recent token unlock event, it is surprising that the market appears increasingly confident in ENA crypto’s long-term prospects. Also, experts and investors alike are hoping for a potential breakout above $0.70 that could set the stage for a rally to $1.
As it was evident on the daily chart, the month of July was magnificent, as Ethena price saw a significant surge from lows of $0.23 to a peak of $0.70, placing it among the most bullish performers in the altcoin market.
Even after this rally, the retracement was limited, which showcased its underlying strength to hold on to its recently achieved gains. In early August, it further reinforced its resilience when ENA bounced off the $0.52 support zone despite a massive token unlock event.
Investors showed little concern over the unlock, but that was not enough to hold its rally, which is now signaling strong confidence in the project’s fundamentals.
Even whale investors doubled down on ENA when an analyst revealed his observation that wallet addresses holding between “10 million and 1 billion ENA” have collectively stashed over 1 billion tokens, and now totaling 6.3 billion ENA. This was a well-strategized accumulation and signifies bullish strength in ENA.
Alongside whale interest, demand for USDe continues to grow, with total supply now reaching $9.612 billion and approaching the $10 billion threshold, per DefiLlama. This sharp uptick in demand underscores investor confidence in Ethena’s ecosystem.
Supporting this momentum, Ethena Labs announced today that AAVE increased the caps for sUSDe and USDe to $350 million and $300 million, respectively. This decision helped push the Ethena price today over 5% higher on an intraday basis to trade at $0.63, bringing it closer to its July peak of $0.70.
The ENA/USD chart on Binance is reflecting positive momentum as the price climbs toward July highs. Technical indicators across the board are flashing bullish signals.
The CMF has turned positive today at 0.01, revealing rising money inflows and positive sentiment among investors.
Similarly, the AO and MACD both show increasing momentum with rising histograms.
Likewise, the RSI is now at 63.95, indicating strength with room for further upside.
On a structural level, the chart recently formed a golden cross between the 50-day and 200-day EMAs, which is a classic signal of long-term bullish momentum.
Moreover, the price action broke out of a falling wedge pattern this week, which historically precedes bullish moves.
If ENA flips the key resistance at $0.70, many expect the rally to extend toward the psychological $1 mark, strengthening the Ethena price prediction outlook.
The post Ethena Price Aims $1 With Golden Cross & Whales Stashing Big appeared first on Coinpedia Fintech News
The Ethena price is making waves in Q3, which are mainly fueled by whale accumulation, rising USDe demand, and major technical breakouts. With the token recovering quickly despite its recent token unlock event, it is surprising that the market appears increasingly confident in ENA crypto’s long-term prospects. Also, experts and investors alike are hoping for …
The post Crypto News Today: Mastercard Launches All-in-One Solution for Stablecoin Payments appeared first on Coinpedia Fintech News
Mastercard is bringing stablecoins to the mainstream, making it easy to use them for payments at millions of merchants. With new partnerships with OKX and Nuvei, stablecoins will soon work just like regular money, creating a seamless experience for everyone.
In a press release on Monday, the company notes that its new partnerships will create a complete system where consumers can spend stablecoins and merchants can accept them.
Through partnerships with platforms like MetaMask, Kraken, and OKX, consumers can earn rewards, pay, and spend stablecoins at over 150 million merchants worldwide using traditional cards.
Mastercard is collaborating with OKX to launch the OKX Card, offering seamless access to funds. It has teamed up with Nuvei and Circle to enable stablecoin payments like Circle’s USDC, ensuring smooth transactions regardless of how a consumer chooses to pay. It also works closely with Paxos to enable this functionality across Paxos-issued stablecoins.
Mastercard said that while stablecoins are fast and cost-effective, current user experiences lack verification and transparency. Their Crypto Credential solves this by allowing users to send and receive digital assets with trusted usernames. Partners like Wirex, Bit2Me, and Mercado Bitcoin are already part of the Mastercard Crypto Credential ecosystem.
Furthermore, Mastercard’s Multi-Token Network (MTN) enables real-time payments across markets and currencies. Partners like Ondo Finance use tokenized assets, while banks like JPMorgan Chase and Standard Chartered are already connected to MTN, unlocking new digital asset opportunities.
“When it comes to blockchain and digital assets, the benefits for mainstream use cases are clear,” said Jorn Lambert, chief product officer at Mastercard. “To realize its potential, we need to make it as easy for merchants to receive stablecoin payments and for consumers to use them,” he added.
Mastercard has previously partnered with crypto exchanges like Kraken, Binance, and Crypto.com to allow users to pay with stablecoins via traditional cards.
The post Crypto News Today: Mastercard Launches All-in-One Solution for Stablecoin Payments appeared first on Coinpedia Fintech News
Mastercard is bringing stablecoins to the mainstream, making it easy to use them for payments at millions of merchants. With new partnerships with OKX and Nuvei, stablecoins will soon work just like regular money, creating a seamless experience for everyone. In a press release on Monday, the company notes that its new partnerships will create …
The post Bitcoin Price Holds Strong at $105K: Short Squeeze Ahead? appeared first on Coinpedia Fintech News
Bitcoin’s price held $105k in support on Tuesday, with reduced geopolitical tensions in the Middle East. It happened because Trump’s announcement of a ceasefire between Israel and Iran reawakened investors’ morale.
Even institutional interest in Bitcoin remains strong, with BTC ETFs recording $350.43 million in net inflows on Monday. In addition, exchange reserves this week fell from $2.491 million to $2.485 million, pointing to declining selling pressure in the short term, per cryptoquant.
Moreover, bullish interest seems to be high as the “taker buy to sell ratio” on the Bybit exchange has displayed significant spikes, and several expert bullish posts are flooded on social platforms where targets are aimed as high as $130K to $135K in Q3 2025. Keep reading to know more.
A recent analysis from Cryptoquant reveals that when market interest wanes in BTC, all data appears stagnant, making things easier to evaluate. In this scenario, a sudden footprint of smart money is easily tracked.
The activity starts revealing sudden spikes in the data of Bitcoin’s taker buy-to-sell ratio chart on the Bybit exchange, which were nearly stagnant before.
This highlights a significant pattern when overall market attention is drawn to a negative factor, and involvement becomes low due to rising fear. The whale accumulation has been seen to accelerate.
In many cases, smart money-loading bags have preceded with the upward trends.
The same pattern is repeating now, and spikes in the data amid the recent war uncertainty are evident. It highlights that the odds of a price rise are much higher.
Recently, Daan Crypto highlighted that from May to June, the Bitcoin price was in a severe range between the month’s swing low support at $100K and near ATH around $109K.
The recent breach of swing low support during the heightened conflict, followed by a recovery from range lows, has built a big liquidity grab, which has hit many traders’ “stop-loss” orders. Now, experts believe the de-escalation could pump more gains ahead in the short term.
Aligning with the bullish sentiment, another expert has revealed that the Binance BTC/USDT liquidation heatmap on coin glass suggests that the current price is exchanging hands in the middle of two major liquidity leverage clusters.
Still, the topside liquidity cluster is piling up strongly per the 24-hour chart. He suggests that a short-term short-squeeze is coming, and the bull run is not over yet.
Moreover, in the long term, another expert, Ted Pillows, highlights that the recent war-led dip has changed nothing for BTC’s long-term trajectory. Instead, this dip has ensured that room for more upside is clear; he believes that $130K to $135K BTC price in Q3 is possible.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Bitcoin Price Holds Strong at $105K: Short Squeeze Ahead? appeared first on Coinpedia Fintech News
Bitcoin’s price held $105k in support on Tuesday, with reduced geopolitical tensions in the Middle East. It happened because Trump’s announcement of a ceasefire between Israel and Iran reawakened investors’ morale. Even institutional interest in Bitcoin remains strong, with BTC ETFs recording $350.43 million in net inflows on Monday. In addition, exchange reserves this week …