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LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move? The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level. Chainlink (LINK) token price, 12-hour, USD. Source: TradingView It's worth noting that this surge coincided with Bitcoin's (BTC) 23% gain during the same period. However, LINK's performance stands out in comparison to Ether's (ETH) 14% increase and Solana's (SOL) 28% rally, suggesting increased bullish sentiment toward Chainlink's leading oracle and decentralized computing solutions. Chainlink partnerships and integrations back the rally Several recent developments have contributed to LINK's outperformance of its peers. Notably, the announcement of Chainlink's upcoming native...

Top Pepe mania profiteers have dumped their PEPE tokens en masse, suggesting declining holding interest among whales. Earlier in May, the market capitalization of Pepecoin (PEPE) — a cryptocurrency inspired by the popular internet meme Pepe the Frog — had soared to $1.8 billion. Two weeks later, the PEPE market cap has come crash ing down to roughly $665 million, a 65% decline. Let’s look at the reasons why.  PEPE market capitalization since April. Source: CoinGecko Pepe mania winners dump PEPE whales appear to have been primarily responsible for the price drop, according to data tracked by Wuligy, an on-chain analyst at Dune Analytics. Notably, the top fifteen addresses with the highest earnings and returns, and those holding a significant amount of PEPE tokens around its market peak have dumped most of their holdings in recent weeks.  Some whales have even sold 100% of their PEPE reserves during the crash, as shown below. Top 15 Pepe addresses with highest earnings and returns. Sou...

Join us as we discuss whether it’s time to consider stacking some sats and buying into some attractive altcoins. In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform. We kick things off by getting van de Poppe’s take on the current market and how he’s feeling about things at the moment.  Generally, everyone’s views on external macro factors that impact crypto prices are mostly United States-centric. Since van de Poppe is based in Amsterdam, we find out what other macro and geopolitical factors he regularly considers when assessing the markets. After the news about the U.S. Securities and Exchange Commission cracking down on stablecoins and exchanges and also the not-so...