Kyrgyzstan Launches KGST Stablecoin on BNB Chain
Kyrgyzstan has launched the KGST stablecoin on the BNB Chain, pegged 1:1 to the som, while planning a Central Bank Digital Currency and national crypto reserve by 2028. #Update #Crypto $BNB
Kyrgyzstan has launched the KGST stablecoin on the BNB Chain, pegged 1:1 to the som, while planning a Central Bank Digital Currency and national crypto reserve by 2028. #Update #Crypto $BNB
Cryptocurrency whales are accumulating $LINK, with significant withdrawals from OKX and Kraken totaling millions. Addresses holding 100,000 to 1 million LINK have increased positions, indicating strong interest. #Update #Crypto $LINK
Chainlink ($LINK) may experience a bullish breakout if it surpasses the $25 resistance in its TA channel, potentially rallying to $100, says analyst Ali Martinez. #Update #Crypto $LINK
Coinbase acquires Echo for $375M to enhance on-chain fundraising, enabling direct community investments and improving capital market accessibility. Echo has raised over $200M for projects. #Update #Crypto $ETH
@Coinbase CEO Brian Armstrong and other crypto leaders will meet with Senate Democrats this week to discuss U.S. crypto market structure legislation amid stalled negotiations. #Update #Crypto $BTC
@Coinbase CEO Brian Armstrong and other industry leaders will meet with Senate Republicans after discussions with Democrats on crypto regulation, amid ongoing government shutdown. #Update #Crypto $BTC $ETH
The CoinDesk 20 Index rises 5.4% to 3691.75, with all assets trading higher; $LINK leads at +16.6%, followed by $AAVE at +13.7%. Laggards include $AVAX and $BCH at +3.7%. #Update #Crypto $LINK
Chainlink ($LINK) retests $16 support amid bearish sentiment; potential bullish breakout above $16.80 could target $19.30 if market conditions stabilize. #Update #Crypto $LINK
@SPGlobal is partnering with @Chainlink to provide real-time stablecoin risk assessments on-chain, evaluating 10 stablecoins including $USDT and $USDC as the market capitalization reaches $305 billion. #Update #Crypto $USDT
S&P Global Ratings partners with @Chainlink to provide on-chain stablecoin stability ratings using Chainlink’s DataLink, initially on Base, evaluating USDT, USDC, USDS, and DAI. #Update #Crypto $LINK
$LINK pulls back to $20.81, gaining 6.7% this week as @Plasma integrates Chainlink’s services for stablecoin payments; Chainlink Reserve purchases 46,441 LINK, totaling over 417K tokens. #Update #Crypto $LINK
@Chainlink, @Swift, and @UBS successfully piloted a tokenized fund solution that streamlines subscriptions and redemptions, potentially transforming the $100 trillion asset management industry. #Update #Crypto $LINK
@Chainlink could become a key player in traditional finance, with $LINK benefiting from rising tokenization demand; assets secured through its oracles reached $103B, up from $23B earlier this year. #Update #Crypto $LINK
@1inch has launched native cross-chain swaps enabling direct conversion of Solana tokens to Ethereum, BNB Chain, and Polygon without bridges, enhancing security and liquidity. #Update #DeFi $SOL $ETH $BNB $MATIC