Tag: News

Plasma taps into Chainlink as official oracle provider

Plasma, a high-performance layer-1 blockchain for stablecoins, has integrated with Chainlink as it looks to tap into the oracle platform’s solutions to scale applications on its network. Plasma has picked Chainlink as its official oracle provider, the platform announced on…...
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Bitcoin Rockets To $123,000 As Standard Chartered Forecasts $135,000 Target

Bitcoin (CRYPTO: BTC) has surged 3% to over $123,000 on Friday after Standard Chartered projected a near-term target of $135,000, citing heavy ETF inflows and a shift from its post-halving pattern. Standard Chartered Predicts $135,000 Bitcoin As ETF Flows Rise Geoff Kendrick, the bank’s Global Head of Digital Assets...
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XLM Consolidates in Tight Range After Early Volatility

Stellar’s XLM token reversed sharply on Oct. 3 after briefly testing new highs. The token rose to $0.4041 in afternoon trading, but heavy selling after 14:00 UTC dragged it back to $0.4015, erasing earlier gains. Volumes spiked during the sell-off, with more than 1.4 million tokens traded in a...
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IRS Guidance Limited in Scope but Good News for Crypto Treasury Firms

New Internal Revenue Service guidance will relieve tax burdens on companies that hold cryptocurrencies and other assets, though it is limited to certain types of businesses. The IRS published interim guidance earlier this week announcing that C Corporations — a certain type of business — generating more than $1...
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HBAR Faces Sharp Selloff as Technical Breakdown Deepens Bearish Trend

HBAR saw sharp selling pressure on Oct. 3, with momentum intensifying in the final hour of trading. After briefly reaching $0.224, the token fell to $0.222, breaching key support and ending the session down 0.9%. The steepest drop came between 13:50 and 14:00, when volumes spiked above 3 million,...
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