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Senator Lummis has once again shown her strong support for the crypto industry. Lummis thanked President Trump for his help to ensure America retains its lead in financial innovation. Senator Lummis Pushes Tax Reform to Protect Players from Double Taxation In a new series of posts on X, Senator Lummis shared her plans to protect
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The post Chainlink Price Climbs on Mastercard Deal, But Can It Sustain Momentum? appeared first on Coinpedia Fintech News
Chainlink has caught the market’s attention after the news around a strategic partnership with Mastercard that enables over 3 billion cardholders to purchase cryptocurrencies directly on-chain. The integration allows users to convert fiat to crypto seamlessly, with Chainlink’s technology verifying and synchronizing critical transaction data.
The news sparked a strong rally in Chainlink price, resulting in a double-digit percentage spike as optimism surged around real-world adoption. However, after a promising surge, the momentum appears to be stalling just below a key resistance zone. Let us analyze what the technicals suggest for LINK’s next move.
As of press time, LINK is trading around $13.30, with a +1.35% daily gain and a $9 billion market cap. Despite this strength, the 24-hour trading volume has fallen by 7.18% to $532.35 million. It is worth noting that the asset traded between $12.97 and $13.72 in the last 24 hours.
The RSI at 63.28 is in bullish territory but approaching overbought levels, hinting at possible consolidation or retracement. LINK is hovering close to its immediate support at $13.30, a level LINK must hold to avoid downside pressure. A breach below this level could expose it to deeper corrections, targeting $12.80, failing which, it could plummet to $11.
On the upside, a confirmed breakout above $13.73, followed by a push past $14.15, would invalidate the bearish bias and open the door to further gains. Until then, the bearish setup remains in play, with a short-entry zone between $13.35 and $13.40, and a stop-loss at $13.86 to manage risk.
Also read our Chainlink (LINK) Price Prediction 2025, 2026-2030!
Chainlink surged following its partnership with Mastercard, which enabled on-chain crypto purchases using fiat, showcasing its real-world adoption potential.
LINK faces short-term bearish pressure after rejection at $13.73, though macro fundamentals remain positive.
While the support is at $13.30, resistance lies at $13.73 and $14.15, respectively.
The post Chainlink Price Climbs on Mastercard Deal, But Can It Sustain Momentum? appeared first on Coinpedia Fintech News
Chainlink has caught the market’s attention after the news around a strategic partnership with Mastercard that enables over 3 billion cardholders to purchase cryptocurrencies directly on-chain. The integration allows users to convert fiat to crypto seamlessly, with Chainlink’s technology verifying and synchronizing critical transaction data. The news sparked a strong rally in Chainlink price, resulting …
Solana developers are pushing for new frontiers in the ecosystem with the launch of the Confidential Balances Token Extension. Now live on the mainnet, the developers described Confidential Balances as the “first ZK-powered encrypted token standard built for institutional compliance.” Using this technology will come without a need to sacrifice the sub-second finality that Solana is known for.
The Solana Confidential Balances solution is designed for developers and helps amplify privacy configurations. It is a set of three token extensions that integrate privacy in Encrypted balances and transfers, mint/burn operations with a discrete total supply, and discrete fee handling.
Solana developers who want to implement this solution can currently gain implementation for three basic settings. As revealed, these include Server-side Rust backends, WaaS integrations for custodial solutions, and Decentralized Applications (DApps) with trusted confidential token handling.
As a protocol building for enterprise adoption, the developers said this solution is useful for encrypted payroll systems. In addition, Confidential Balances can help secure B2B payment transfers, privacy-preserving wallets, and consumer dApps on Solana.
This solution is one of the latest releases from the Solana developers this year, cementing its role in boosting Web3 innovations.
Over the past year, the Proof-of-Stake (PoS) network has recorded ups and downs amid a massive adoption trend. This massive adoption also triggered challenges of outages and general misuse of its products.
As the dominant hub for memecoins over the past few months, PumpFun, the ecosystem’s top meme launchpad, recorded a drop in engagement. This follows an extreme tactic users deploy to draw attention to their launched tokens via its livestream feature.
The backlash fueled its suspension in countries like the United Kingdom, forcing the launchpad to halt the feature five months ago. With the rebranding effort, PumpFun relaunched the livestream feature. This has further repositioned Solana as a hub with new products to watch out for.
The price of Solana is also in the spotlight in the altcoin world amid the global market rout. At the time of writing, the coin was changing hands for $103.47, down by 1.44% in 24 hours.
An earlier SOL price analysis made a projection on whether Solana can fuel the next altcoin rally. However, despite jumping as high as $112.29 in the past 24 hours, the coin is yet to pare off the more than 18% loss it accrued in the past week.
Amid the volatility, the coin remains bound to general financial market trends even though ecosystem developments can boost sentiment in the long term.
The post Solana Unveils Confidential Balances Token Extension, Here’s Everything to Know appeared first on CoinGape.
The meme coin market witnessed a surge in AI-themed tokens today, led by ai16z, which posted a 35% rally. These tokens’ collective value grew by nearly 5% and is currently worth over $3.1 billion.
BeInCrypto has analyzed two other AI-themed meme coins for investors to watch as April nears its end.
AI16Z has surged by 35% in the last 24 hours, currently trading at $0.243. The altcoin has gained momentum, breaking through a month-long resistance at $0.210. This surge places AI16Z at the forefront of AI meme coins, drawing attention from investors eager to capitalize on the price movement.
To reach the next resistance at $0.321, AI16Z must continue its upward trajectory. However, achieving this target requires that investors hold onto their positions rather than selling off their holdings. With a 30% rise still needed to breach the resistance, market sentiment will play a critical role in its success.
If selling pressure increases, AI16Z could fall below its support at $0.210. A drop below this level would likely lead to a decline toward the $0.154 support, invalidating the current bullish outlook.
GOAT has risen 22% in the last 24 hours, currently trading at $0.079. The altcoin is testing resistance at $0.080, marking a near two-month high. This upward momentum indicates growing investor interest, with the price approaching a critical level that could set the stage for further gains.
If GOAT can maintain its current momentum, it has the potential to secure $0.080 as a support floor. A sustained rise above this level could lead to further gains, with the next resistance target set at $0.102. This would provide a solid foundation for continued growth and extend investor profits.
Failing to breach $0.080 could trigger a reversal in the price movement. In this scenario, GOAT may experience a decline toward the $0.064 support level, erasing recent gains. This would invalidate the bullish outlook, suggesting that the current uptrend could be short-lived if the resistance is not surpassed.
TURBO has posted a 104% rise this week, currently trading at $0.0046. While it did not see a massive rally today, the meme coin has shown impressive growth. However, TURBO faces resistance at $0.0048, which could limit further upward movement unless broken decisively.
To continue its upward trajectory, TURBO must flip the $0.0048 resistance into support. If successful, the altcoin could aim for the $0.0068 level. Maintaining strong investor confidence and preventing widespread selling will be essential to sustaining this bullish trend.
Any significant profit-taking could derail TURBO’s rally. A failure to maintain above the $0.0048 level would lead to a decline, potentially dropping to $0.0038 or even $0.0029. This would invalidate the bullish outlook and likely push the token into a bearish trend.
The post Are AI-Themed Meme Coins Back From The Dead? | Meme Coins To Watch Today appeared first on BeInCrypto.