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While most assets started the month of January on a great note, February wasn’t as good. Most cryptocurrencies were seen struggling in terms of price. Bitcoin’s downfall below the $100,000 level came as a major shocker. Amidst this, Chainlink (LINK) witnessed a brutal drop of 40% throughout the past month. The altcoin failed to stay put as it dropped from a high of $27.03 all the way to a low of $16.35. Also Read: Elon Musk $5,000 Tax Refund & Blasts Reporters With ‘Long Prison Sentences’ Revisiting Reasons Behind Chainlink’s Downfall Source: Binance Academy Prominent analyst Ali Martinez took to X and revealed an array of reasons behind Chainlink’s massive plummet. Firstly, Martinez addressed that the current price correlation indicates a slowdown in Chainlink activity as it coincides with a network contraction. The network has reportedly been contracting since November 30. Source: X Alongside this slowdown, LINK’s price was also impacted by the MVRV Ratio...

Author | defioasis Memecoin once captured significant attention and investment with its unique culture, humorous image, and community-driven characteristics. The fair launch mechanism of pump fun further propelled the Meme frenzy to new heights. However, as PvP intensified and the speed of new launches accelerated, the so-called narrative logic, Meme symbols, and community culture have largely disappeared. The key now lies in who is promoting the token, as the identity, status, background, and resources determining the peak price a memecoin can achieve in the short-term spotlight, only to leave chaos in its wake once the excitement fades. With U.S. President Trump and Binance founder CZ joining the fray to "promote" Memecoins, the role of Memecoin as a pure vehicle for attention-driven speculation seems to have peaked, as there are few figures of higher status than these two. Many users have also begun to feel fatigued. In contrast to fair launches, despite issues like high v...

Although the start of the year has not been kind to Tesla (TSLA), Wolfe Research has recently said that it has emerged as the best stock to buy for one specific purpose. Indeed, the EV manufacturer has failed to live up to expectations in 2025. Although it rebounded at the tail end of last week, it has still fluttered to make headway this year. Over the past month, the stock has dropped more than 16%, according to CNN data. Moreover, its recent fall has led more than half of the platform’s 54 surveyed analysts to give the stock a hold or sell rating. Moreover, with 60% downside in its low-end price projection, why does Wolfe Research have it topping one specific list? Source: Investopedia Also Read: Tesla (TSLA) to Unleash $10T Business? Why the Stock May SoarAlso Read: Tesla (TSLA) Tops New Wolfe Research List: Says Its Best Stock for One Specific Reason Although we are less than two months into the year, Tesla has had reason to be both optimistic and pessimistic about the stock....

US Federal Reserve Governor Christopher Waller has said that he is in favor of pausing interest rate cuts as inflation remains uneven. “I continue to believe that the current setting of monetary policy is restricting economic activity somewhat and putting downward pressure on inflation,” Waller said in a Feb. 17 speech in Sydney, Australia. Interest Rate Cuts Not Needed Because Inflation Numbers Are “Still Too High” Waller said during the speech that the current 12-month readings are lower than January of last year, which points to some progress.  Despite this progress, Waller believes that the numbers are “still too high.” As such, he said he favors “holding the policy rate steady.”  Waller did, however, leave open the possibility of future monetary easing.“If this winter-time lull in progress is temporary, as it was last year, then further policy easing will be appropriate,” Waller said during the speech. The...

The Pi [IOU] price surged 13% in the past 24 hours to trade at $128 as of 03:03 a.m. EST on trading volume that rose 39% to $786k. This increase in the PI price comes after Pi Network announced that it will be transitioning to an open Network on Feb. 20, at 8:00 a.m. UTC. Following the announcement, OKX said that it will activate trading for the PI token. 📢 #NewListing #OKX will list $PI @PiCoreTeam! 🟢 $PI/USDT Spot trading will begin at 8:00 AM on February 20 (UTC) More: https://t.co/HeKW5ergKh pic.twitter.com/pTy46CVZ8e — OKX (@okx) February 12, 2025 Pi [IOU] Price On A Bullish Rally The PI price has recently displayed a massive breakout, sending its price skyrocketing. Prior to this strong move, the price of Pi [IOU] was consolidating in a falling wedge pattern. A falling wedge is typically a bullish reversal pattern, which played out as expected. The breakout from this wedge was followed by a parabolic upward movement. The 50-day Simple Moving ...

Trump tariffs are shaking up global trade as the administration announces several sweeping measures affecting EV price hikes, semiconductor costs, and U.S. manufacturing. Various industry experts warn that these latest Trump tariffs could trigger numerous unprecedented price increases and supply chain disruptions across North America. Also Read: Tesla to Get $400 Million Boost from U.S. Gov’t Amid Major Budget Cuts—What’s Next? How Rising Tariffs Could Reshape U.S. Manufacturing and Supply Chains Source: Watcher Guru Steel and Aluminum Industry Braces for Impact The Trump administration’s 25% tariffs on steel and aluminum imports signal major changes ahead. President Trump stated during the signing: “It’s a big deal. This is the beginning of making America rich again.” Industry experts warn these Trump tariffs could significantly increase costs across manufacturing sectors, from construction to automotive production. Semiconductor Sector Faces Unprecedented Press...

Top stablecoin firm Tether is joining forces with one of the winningest football clubs in the world. According to a new announcement from Tether, the crypto firm has purchased a minority stake in the Torin, Italy-based football club Juventus. Says Tether CEO Paolo Ardoino of the new partnership, “Aligned with our strategic investment in Juventus, Tether will be a pioneer in merging new technologies, such as digital assets, artificial intelligence and biotech, with the well-established sports industry to drive change globally. We will explore avenues for innovative collaborations and the potential to revolutionize the global sports landscape.” Juventus is an institution that is older than most banks. Founded in 1897, Juventus has won Italy’s top flight Serie A a record 36 times, most recently in 2020. The Zebras have also won the Coppa Italia a record 15 times and the Supercoppa Italiana a record nine times. The Italian giants are considered one of the top f...

The Dogecoin price climbed 2% in the last 24 hours to trade at $0.2661 as of 04:10 a.m. EST on trading volume that plunged 28% to $1.4 billion. This uptick in the DOGE price comes as the US Securities and Exchange Commission (SEC) acknowledged filings from crypto asset manager Grayscale to list a spot Dogecoin exchange-traded funds (ETF). The agency is now set to start reviewing Grayscale’s Form 19b-4 filing and decide on the applications within the required 240-day deadline. NEW: There it is — The SEC just acknowledged @Grayscale & @NYSE’s 19b-4 filing to list an XRP ETF (this was mostly expected but officially means the clock will start soon for this and Dogecoin) pic.twitter.com/IQgTqPiiOe — James Seyffart (@JSeyff) February 13, 2025 Dogecoin Price Analysis: Potential Reversal Or Further Downside? The DOGE price is currently in a corrective phase after a strong bullish rally that peaked around $0.45. The Dogecoin price has retraced significantly ...