14h ago
Chainlink puts U.S. GDP and PCE inflation data on 10 public blockchains
Chainlink is bringing official U.S. GDP and PCE inflation data onchain across 10 public blockchains, offering both current index levels and annualized quarter-over-quarter changes. The PCE Price Index is the Federal Reserve’s preferred inflation gauge, and the onchain feeds are designed for use in prediction markets, trading apps and inflation-linked assets. Second-quarter 2025 GDP data had previously been deployed on networks including Bitcoin and Solana. The initiative aims to make authoritative macroeconomic data available for onchain financial product development.
LINK
LINK-4.44%
14h ago
16h ago
Solana slides over 7% to around $102 as on-chain metrics point to a $150 setup
Solana has pulled back more than 7% from a nearly $110 seven-month high to around $102. On-chain data show the network averaged 9.5 million new addresses per day over the past week and added 52 whale wallets holding at least 10,000 SOL, an increase of 1.58%, according to analyst Ali Martinez. Capital flows also remained firm, with almost $154 million in net inflows last week and Bitwise’s Solana Staking ETF (BSOL) surpassing $1 billion in assets under management. Martinez said $103 is a key support level backed by 39 million SOL in accumulated cost basis, suggesting demand has not been materially dented by the pullback.
SOL
SOL-4.42%
16h ago
19h ago
Chainlink targets $18 as LINK exchange balances drop
Chainlink’s LINK has rebounded from around $7.20 in July to about $12.40. Over the past three months, exchange-held LINK fell from 132 million tokens to 112 million, while supply outside exchanges rose from 870 million to 890 million. The setup points to continued net outflows from trading platforms. Technically, traders are watching resistance near $18 and support at $10, with a break below $10 potentially opening the way toward $7.
LINK
LINK-4.44%
19h ago
1d ago
Dogecoin slides to $0.082 as whales sell 260 million DOGE and traders add short exposure
Dogecoin (DOGE) fell to $0.082 on August 31, extending its weekly decline to more than 12%. Since August 21, whale holders with 1 million to 100 million DOGE have sold a combined 260 million tokens. Sell-side pressure has led the market for three straight days from August 28, with net selling totaling $21 million over that period. Futures open interest has dropped from $1.58 billion to $1.27 billion as long positions are unwound, while DOGE ETFs have logged $800,000 in net inflows since August 17.
DOGE
DOGE-3.05%
1d ago
1d ago
BONER memecoin trading absorbs about 81% of tokenized HIMS supply on Robinhood, lifting price above $120
A memecoin called BONER drove heavy weekend speculation that inadvertently absorbed about 81% of the tokenized stock supply of Hims & Hers Health (HIMS) traded on Robinhood, pushing the tokenized HIMS price above $120 even as the stock closed around $30. Major cryptocurrencies were relatively calm, with BTC and ETH ETFs posting $1.75 billion in net inflows for the week. Markets were also digesting remarks by the Fed chair at Jackson Hole that were perceived as hawkish.
BTC
BTC-2.06%
1d ago
1d ago
Bitfinex says spot Bitcoin demand stays firm as BTC holds $77,100 support after $81,000 test
Bitcoin briefly rose above $81,000 last week before pulling back, but it continued to defend the key $77,100 support level. Bitfinex said the move came even as Fed Governor Kevin Warsh’s hawkish Jackson Hole remarks lifted expectations for future rate hikes and weighed on risk assets. U.S. spot Bitcoin ETFs still saw approximately $1 billion in net inflows over the week, pointing to steady institutional demand. Markets see the ability to hold support as a sign of stronger holding appetite, though further rate-hike expectations could cap gains.
BTC
BTC-2.06%
1d ago
1d ago
Bitfinex says Fed hawkish signals trigger Bitcoin pullback, while spot demand supports market structure
Bitfinex said Bitcoin held above $77,100 even after Federal Reserve Chair Warsh delivered hawkish remarks at Jackson Hole that lifted the probability of a September rate hike to 57%. U.S. spot Bitcoin ETFs recorded net inflows of nearly $1 billion last week, while Ethereum investment products posted 10 straight days of net inflows totaling $815.7 million. On the macro front, U.S. PCE inflation rose to 3.7% and annualized private demand growth in the second quarter was 4.2%, alongside a widening deficit of $1.8 trillion. Bitfinex said ETF activity and stablecoin liquidity continue to support prices, but rate-hike expectations are capping upside.
BTC
BTC-2.06%
1d ago