LINK Headed for $100? Here’s What You Need to Know

TL;DR LINK broke above a long-term triangle, targeting $30, $53, and potentially $100. Caliber and Grayscale boost LINK’s credibility with token purchases and ETF filings. $24 resistance and $22 support levels guide traders; a breakout could trigger a strong upside move. Breakout Pattern Sets Up Potential Move Chainlink (LINK) is trading around $23 after a…

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BTC Tests $114,000 on Cooler US PPI as Fed Cuts Loom

Key takeaways: Bitcoin broke $114,000 as data showed PPI inflation cooled sharply in August. Traders believe the data could push the Federal Reserve to cut rates in September. Long-term onchain trends show short-term turbulence occurring after Fed rate cuts, then longer-term upside. Bitcoin (BTC) surged above $114,000 for the first time since Aug. 24, extending…

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What Are Payment Channels and how do they work?

Closing Payment Channels Closing payment channels can be done through mutual closing, unilateral closing, or revocable closing. Mutual closing involves both parties agreeing to close the channel and broadcast a final transaction to the blockchain. Unilateral closing allows one party to close the channel without agreement from the other party by broadcasting a transaction that…

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US PPI for August falls 0.1%, below estimate of 0.3%

Key Takeaways US Producer Price Index (PPI) declined by 0.1% in August, contrary to estimates of a 0.3% increase. This decrease follows a substantial 0.9% gain in July, indicating a possible easing of inflation at the wholesale level. Share this article US producer prices fell 0.1% in August compared to the previous month, missing economists’…

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Kraken Launches Tokenized Stocks By Backed In Europe

US crypto exchange Kraken is the latest platform to introduce tokenized securities in Europe, following an initial rollout in June. Kraken has officially launched Backed’s tokenized securities offering, xStocks, to eligible European investors, the exchange told Cointelegraph on Wednesday. The European expansion comes months after Kraken teased its tokenized stocks integration with Backed on the…

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Best Crypto Payment Gateways For Telegram

TGmembership The TGmembership Telegram bot automates your paid memberships business and uses third-party payment providers to collect crypto from your users, with a 7% fee added on top. This means you don’t have to worry about handling payments yourself; the bot takes care of it all for you. You will be able to create paid…

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