The post Chainlink Price Analysis: Rising Institutional Adoption of LINK Catalyzes Bullish Sentiment appeared first on Coinpedia Fintech News Chainlink network has been used by top-tier TradFi institutions to enable tokenization of real-world assets. LINK price has already confirmed a bullish breakout following an impressive performance last week. Chainlink (LINK) price has cooled down from last week’s bullish sentiment. After recording an over 25 percent rally last week, LINK price dropped over 3 percent to trade about $17.04 on Wednesday, May 14, during the mid-North American trading session. As a result of the sudden market correction, the large-cap altcoin, with a fully diluted valuation of about $17 billion and a 24-hour average traded volume of about $627 million, recorded a forced liquidation of over $1.4 million. Chainlink Network Thrives with Institutional Investors The Chainlink network has grown significantly in the recent past, catalyzed by institutional investors. Notably, LINK’s Futures Open Interest (OI) surged from $424 million on April 9, 2025 to more than $727 million at the time of this writing. Among the most recent notable Chainlink adoption by institutional investors was by Kinexys by J.P.Morgan, which performed a successful transaction in collaboration with Ondo Finance. “The demonstrated cross-chain solution is a testament to what can be achieved through strong collaboration across diverse segments of the Web3 ecosystem, and we are pleased to have worked with Ondo and Chainlink to bring this to life as the first transaction on Ondo Chain testnet,” Nelli Zaltsman, Head of Platform Settlement Solutions at J.P. Morgan’s Kinexys Digital Payments, noted . What Next for LINK Price? According to market data analysis from Intotheblock , LINK price recorded a correlation of 0.93 out of 1 with Bitcoin price, in the past 30 days. With Bitcoin price on the cusp of entering price discovery in the near term, LINK price is well positioned to retest its all-time high above $50 in the near term. In the four-hour time frame, LINK price has established a symmetrical rising channel, and is currently retesting the upper border. In case LINK price consistently closes above the upper border of the rising channel, a rally towards the next liquidity range between $19 and $26 will be inevitable.
Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets. During a panel on May 14 at Consensus 2025 in Toronto, she said the NY estate is frequently asked to provide guidance on regulators. “With respect to federal regulation and legislation [...] members of Congress are often coming to us [NYDFS] asking about our process, about our regulations, about guidance, how they should be thinking about legislation,” Harris said. Interview with Adrienne Harris (pictured left). Source: Cointelegraph According to Harris, the NYDFS was “unnecessarily tough” and lacked resources in the past. Now, under her purview, she said the NYDFS is “tough but fair,” noting that the digital currency oversight team has since doubled in size. Harris took over as superintendent of the NYDFS in September 2021 after spending time working in the educational, nonprofit, and private sectors. In New York State, crypto businesses must either obtain a BitLicense or a limited-purpose trust charter. “We've added nine pieces of regulatory guidance, so it's still very tough to get a BitLicense or a limited-purpose trust charter,” Harris said. “But I think [...] the proof is in the pudding when you see that FTX, Voyager, Celsius, didn't pass our test and therefore couldn't do business.” All three of those crypto companies went bankrupt in 2022. The result was a widespread contagion in the industry and years-long legal proceedings. FTX’s founder, Sam Bankman-Fried , and Celsius Network's Alex Mashinsky were sentenced to 25 and 12 years in prison, respectively. Voyager’s founder, Steven Ehrlich, is facing legal charges for allegedly misleading customers . Related: NYC Mayor doubles down on crypto push ahead of city summit Harris ‘hopeful’ for stablecoin legislation Stablecoin legislation has been a topic at the forefront of many crypto industry advocates in 2025. Recently considered a bipartisan endeavor, it devolved into a dispute on May 8 when Democrats withdrew support for the GENIUS Act over concerns about President Trump’s crypto ventures. Still, Harris remains “hopeful” Congress will eventually pass stablecoin legislation. We've been working with Congress on all the variations of their crypto and stablecoin legislation now over the last three years almost. According to Harris, all recent legislation tied to stablecoin regulation has been reviewed by New York officials. “There isn't a version of any of those bills, be it House or Senate, R's or D's, that don't come to meet to the team to say, give us your feedback, give us your technical assistance, your insights here,” she said, adding that most of these suggestions have been incorporated into legislations. The NYDFS, according to Harrus, still wants to be “a state path for crypto companies.” Magazine: Bitcoin payments are being undermined by centralized stablecoins
Chainlink 's value skyrocketed 125%, driven by significant movements from large investors. This surge prompts a closer look at the market, raising questions about which cryptocurrencies might be primed for similar growth. The attention now turns to Litecoin . Could it be the next big achiever in the crypto world? Read on to discover the potential coins set for a breakout. Chainlink Market Trends and Price Insights Chainlink showed notable gains over the last month with a 36.21% increase and maintained solid growth of 32.19% over the past six months. The one-week rise of 24.23% reflects a burst of momentum, while price fluctuations between $11.15 and $16.41 indicate a healthy level of market activity. The overall performance suggests a period of sustained appreciation tempered by regular adjustments in price levels. Currently, the coin trades between a range of $11.15 and $16.41, with immediate support at $8.01 and resistance at $18.52. Bulls seem to control the scene, though mixed oscillator signals hint at some hesitation. Trading near support levels appears appealing, and monitoring movements toward higher resistance may reveal further breakout opportunities. Litecoin's Solid Gains Reflect Ongoing Bullish Sentiment Litecoin recorded solid gains with a 33% rise over the past month and approximately 26% over the last six months. A weekly surge of 13% underscores its steady upward movement. Price behavior during these periods shows consistent buyer interest, highlighting persistent bullish sentiment throughout recent market sessions. The coin currently trades between $68 and $93, with a critical support level around $53 and resistance near $104. Trading occurs within this range as bulls continue to push prices upward. Without a strong, clear trend, traders might consider long positions at support, aiming for profit targets near the resistance levels, while remaining cautious due to near overbought indicators. Conclusion Chainlink (LINK) has seen a substantial 125% rise, driven by significant whale activity. As LINK enjoys this strong momentum, attention may turn to Litecoin (LTC) for potential growth. LTC has historically shown the ability to rally quickly, making it a candidate for the next surge in the market. Both coins demonstrate the dynamic nature of the cryptocurrency sector, where major moves can attract investor interest and speculation. While LINK has already made significant gains, LTC might be poised to follow, drawing interest from those looking for the next opportunity. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin might be used for counterbalancing a bet against MSTR
JPMorgan Chase, the largest bank in the United States, has long been developing its own proprietary blockchain technology and has remained loyal to this “closed loop” system, available only to its customers. However, the bank announced that it has gone beyond this approach and carried out transactions on a public blockchain for the first time. JPMorgan announced today that it has completed a transaction on its public ledger with the support of blockchain firms Chainlink and Ondo Finance. In early May, JPMorgan’s blockchain subsidiary Kinexys completed the purchase of tokenized treasury bonds on Ondo’s public ledger by transferring funds between two accounts on its private blockchain network. Chainlink, a communications protocol that allows data from the outside world to be integrated into blockchains, was used to initiate the transaction. Related News: Seasoned Analyst Evaluates ETH, XRP, DOGE and SOL - Where Are Critical Resistance and Supports? JPMorgan has previously conducted limited trials with public blockchain systems, such as a concept study with Siemens Digital in 2024. But according to Kinexys platform solutions leader Nelli Zaltsman, this is the first time the bank has built an actual infrastructure to integrate with a public blockchain. “This is not just another conceptual test (POC),” said Chainlink co-founder Sergey Nazarov, adding, “this is the beginning of something big.” Nazarov also noted that this new structure is in the process of being prepared for wider use. *This is not investment advice. Continue Reading: A Milestone: JPMorgan Completes First Treasury Bond Purchase on Blockchain – Two Altcoin Networks Were Used
Bitcoin might still dominate the headlines, but in 2025, the crypto market is far bigger and far more diverse than one coin. Altcoins have grown up. What started as a loose group of Bitcoin alternatives with shaky foundations has evolved into a broad, competitive ecosystem. Today, altcoins are powering entire financial networks, enabling new tech platforms, and reshaping how people think about value, ownership, and utility. So what role are altcoins really playing in this year’s market? Are they still just speculative assets, or have they become something more? What Actually Counts as an Altcoin? Altcoin stands for “alternative coin,” which originally meant any cryptocurrency that wasn’t Bitcoin. Over time, the definition has broadened to include: ● Smart contract platforms (like Ethereum and Solana)● Utility tokens tied to specific applications or ecosystems● Stablecoins pegged to fiat currencies● Governance tokens used in decentralised protocols● Meme coins The key difference is purpose. Bitcoin is primarily viewed as a store of value or digital gold. Altcoins, meanwhile, are often built with additional features, such as programmability, governance, staking, or access to decentralised apps. A More Mature Altcoin Landscape in 2025 Rewind a few years, and the altcoin space was cluttered with copy-paste projects, hype-driven coins, and questionable launches. That’s not the case anymore. Here’s what’s changed. 1. Increased regulation Stricter policies in major markets have weeded out many low-quality or non-compliant tokens. 2. Institutional interest Some funds and institutions are now allocating to high-quality altcoins, especially those that underpin real utility or emerging tech. 3. Technical innovation New chains have solved some of the scalability and cost issues that plagued earlier platforms, leading to real-world applications beyond just speculation. 4. Community-led development Many altcoin ecosystems are governed by active, decentralised communities using tokens to vote on proposals and upgrades. In short, altcoins in 2025 aren’t just “alternatives.” Some are becoming foundational layers of Web3 and decentralised finance ( DeFi ). Where Altcoins Fit in Today’s Crypto Market Here’s how altcoins are being used in practical terms as working parts of new systems. Use Case Example Tokens Why It Matters Smart Contracts & dApps ETH, SOL, AVAX These enable DeFi, NFTs, and Web3 applications to function Payments & Transfers LTC, XLM, XRP Faster, cheaper alternatives to legacy payment networks Stable Transactions USDC, DAI Used for stability in volatile markets, especially in DeFi Governance & Voting UNI, AAVE, DOT Tokens give users a say in protocol decisions Yield & Staking Rewards ADA, ATOM, NEAR Holders can earn passive income by securing the network Experimental or Niche Use MEME, CHZ, GMT Riskier, but sometimes tied to social trends or innovation Altcoins and Market Cycles Like everything in crypto, altcoins move in cycles but not always in lockstep with Bitcoin. In previous bull runs, altcoins would often rally hard after Bitcoin’s price surged. This “altseason” effect meant huge returns for early movers, but also brutal corrections when sentiment shifted. By 2025, the dynamic has changed slightly. More altcoins now show individual patterns based on fundamentals, adoption, and ecosystem health, not just Bitcoin’s momentum. That said, overall market conditions still matter. When capital flows into crypto, altcoins benefit. When liquidity dries up, they’re usually hit harder than Bitcoin. Volatility hasn’t gone away but smarter money is getting better at managing it. Trading Altcoins in 2025 One of the biggest changes this year? Access. Altcoin trading has become far more streamlined and user-friendly. A modern crypto trading platform like Eurotrader gives users access to a broad range of coins, with real-time data, charting tools, and tight spreads, which are all essential for a fast-moving market. This matters more than ever because timing, execution, and risk control are critical when trading altcoins. With prices moving rapidly on small news or sentiment shifts, the right platform can make a big difference in how effectively you trade. Whether you’re day trading, swing trading, or just looking to hold for the long term, having access to detailed analytics, multi-asset support, and mobile functionality is now a baseline expectation. What to Watch in the Altcoin Space Several themes are driving altcoin performance in 2025. If you’re looking to understand where things are headed, keep an eye on these: ● Layer 2 scaling – Cheaper, faster networks built on top of Ethereum are reshaping dAppecosystems.● Cross-chain interoperability – Tokens that connect multiple blockchains are enabling better liquidity and smoother user experiences.● Real-world assets (RWA) – Projects that tokenise physical assets like real estate or commodities are gaining traction.● Regulatory clarity – Coins that can clearly define their utility or comply with emerging laws are more likely to attract long-term capital.● Decentralised governance – Protocols that genuinely empower their communities are starting to stand out and grow more resilient. It’s a more mature market now, but also more competitive. For every breakthrough project, there are still plenty that won’t last. Due diligence, risk management, and a clear understanding of what a token actually does are more important than ever. Altcoins Have Earned Their Place Altcoins have gone from fringe projects to serious players. They’re powering smart contracts, enabling innovation, and attracting billions in capital. That doesn’t mean every token is worth backing, but the idea that only Bitcoin matters? That’s long gone. As crypto evolves, altcoins will keep playing a key role in shaping where the market goes next. Whether you’re a trader, builder, or long-term investor, ignoring them in 2025 means missing out on a huge part of the ecosystem. If you're looking for a secure, user-friendly way to trade and explore the broader digital asset space, http://eurotrader.com/ offers the tools, insight, and flexibility to stay ahead in this fast-changing market. FAQs Are altcoins still worth investing in? Yes, but not all of them. Altcoins that serve a real purpose, have strong development teams, and show signs of long-term adoption continue to attract serious attention. As always, do your research and manage your risk. Is it too late to get into altcoins now? Not at all. While some early gains may be gone, new projects and use cases are emerging constantly. What matters most is understanding what you’re buying and why it belongs in your strategy. Can altcoins be safer than Bitcoin? Generally, no. Bitcoin is still the most established and widely adopted crypto asset. Altcoins tend to carry higher risk, but that also means potential for higher rewards if chosen carefully. How do I know which altcoins to watch? Look for signs of real utility, community engagement, developer activity, and partnerships. Avoid coins driven purely by hype or celebrity endorsements. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
XRP’s remarkable 9,800% surge captivated the crypto world, turning modest investments into substantial gains. However, analysts suggest that this was merely the beginning. A new wave of altcoin momentum is emerging, with Solana, Ethereum, Litecoin, and the rapidly ascending MAGACOINFINANCE being tracked as top contenders for the next market breakout. With institutional sentiment warming and technical indicators flashing bullish signals, the market narrative is shifting — and early positioning is once again crucial. XRP (XRP): Building on a Monumental Rally Currently trading at approximately $2.59, XRP has shown resilience and continued investor interest. Analysts are eyeing the $3.00 resistance level as a potential breakout point, which could signal further upside. CLICK HERE – TIME IS RUNNING OUT Solana (SOL): A Recovery with Real Use Case Power Solana has rebounded impressively, trading around $180, showcasing strong recovery from previous lows. Its ability to handle high transaction volumes efficiently has bolstered its reputation as a high-throughput blockchain. Analysts suggest that breaking the $155 resistance level could pave the way for a rally toward $175 or even $212. Ethereum (ETH): The Industry Standard for Smart Contracts Ethereum is trading near $2,613, maintaining its position as a cornerstone of decentralized finance and smart contract development. With growing institutional adoption and advancements in Layer 2 solutions, ETH is poised for sustained growth. Litecoin (LTC): The Underrated Macro Hedge Litecoin is currently priced around $101.89, gaining attention as a low-volatility alternative to Bitcoin. Its speed, fee efficiency, and long-term reliability make it a unique hedge in times of market volatility. Analysts are monitoring LTC closely as capital rotates into more stable altcoins. MAGACOINFINANCE: Early-Stage, High-Momentum, and Built for More While established coins consolidate, MAGACOINFINANCE is gaining momentum. Currently in its presale phase and trading under $0.001, it offers a ground-floor opportunity for investors. With Stage 7 now live, a projected listing target of $0.007, and a limited-time MAGA50X bonus offering 50% extra tokens, savvy investors are positioning themselves early. The project’s structured rollout, strong community traction, and viral exposure have made it a name to watch. Analysts project a potential return of up to 34x as altcoin season heats up. Final Thoughts The crypto market is showing signs of a new bullish phase, with XRP, Solana, Ethereum, Litecoin, and MAGACOINFINANCE leading the charge. Each offers unique value propositions, from established utility to high-growth potential. As the market dynamics evolve, these assets are poised to capture investor interest and drive the next wave of crypto growth. To learn more about MAGACOINFINANCE, please visit: Website: https://magacoinfinance.com Presale: https://magacoinfinance.com/presale Twitter/X: https://x.com/magacoinfinance Continue Reading: XRP’s 9,800% Rally Was Just the Beginning – Now Solana, Litecoin, and Ethereum Are Set to Run Again
The United States federal prosecutors have charged two suspected cartel members accused of running a major drug trafficking operation connected to the Sinaloa Cartel. Per the update, blockchain investigators have found links between cryptocurrency and the fentanyl trade. This shows how digital money is being used to support illegal drug activities around the world . Father and Son Accused of Leading Drug Operations According to a newly unsealed indictment by the U.S. Department of Justice, Pedro Inzunza Noriega and his son, Pedro Inzunza Coronel, have been charged with narco-terrorism and drug trafficking. Officials say the men were top figures in the Beltrán Leyva offshoot of the Sinaloa Cartel and oversaw fentanyl, meth, heroin, and cocaine shipments into the U.S. It is worth noting that the indictment describes a sprawling network responsible for moving thousands of kilograms of drugs into American cities. The charges come after a decision made by President Donald Trump in January. He approved the classification of certain foreign cartels as terrorist organizations. This decision gives U.S. authorities more power to control assets linked to these groups, including the ability to seize digital currencies connected to cartel activities. Blockchain Analysts Track Millions in Crypto While the DOJ focuses on drug crimes, blockchain reports show crypto is fueling illegal drug deals. For example, the U.S. Treasury recently accused Huione Group of helping criminals launder billions through crypto. Chainalysis, a blockchain research group, found that drug cartels, including those in Latin America, used over $5.5 million in stablecoins to pay Chinese manufacturers for fentanyl chemicals. These funds were later seized by U.S. officials in Wisconsin. Other firms, including TRM Labs and Elliptic, also found evidence that crypto is being used to mask payments. TRM Labs identified fentanyl-related vendors in 26 Chinese cities accepting crypto. Elliptic reported millions in digital payments linked to illegal drug labs amid the growing opioid crisis in the U.S. Sanctions Target Crypto Wallets Linked to Cartel Members U.S. financial regulators are also following the money tied to drug operations. In 2023, the Treasury sanctioned Ethereum wallets linked to Jimenez Castro, a suspected Sinaloa Cartel member. Chainalysis reported that chemical suppliers connected to drug production have received over $250 million in crypto since 2015. These moves show that cartels use digital tools to avoid banks and hide their money. Meanwhile, the United States Department of Justice has shut down its crypto enforcement team . This change is part of a broader policy shift under President Donald Trump. He has promised a more supportive stance toward digital assets. The post DOJ Targets Sinaloa Cartel Leaders in Fentanyl and Crypto Crackdown appeared first on TheCoinrise.com .
Tesla stock is up about 3% after two Tesla Cybertruck police vehicles accompanied US President Donald Trump’s motorcade during his visit to Doha, Qatar’s capital, today. The two Tesla Cybertrucks stood out in the parade because of their large size and famous light bar. This has again shown Trump’s support for Tesla. Previously, Trump called upon the world to support Tesla after being victimized by US citizens over DOGE. Cybertrucks escorting @POTUS ! https://t.co/90WWSshQjl — gorklon rust (@elonmusk) May 14, 2025 Now, Doha is showing its support for Tesla. This is not a surprise. Qatar does have a soft spot for the Cybertruck, even before Trump’s visit. Social media posts from the country suggested that two Cybertrucks are being used as part of the Internal Security Force’s patrol fleet. The futuristic all-electric pickup trucks have also been spotted in several other areas of the country. Experts expect a drop in Tesla deliveries Tesla stocks are trading at $345, concluding a five-day run and a strong 60% recovery from April’s low of $214.25. Other factors have also pushed this rise. Firstly, Musk pulled away from DOGE to focus on his company. Investors received the news with so much optimism. In addition, a new hope about trade issues between the US and China has contributed. As reported by Cryptopolitan, as part of a short-term truce, the two countries agreed to lower their tariffs. Washington will lower them from 145% to 30%, and Beijing will lower them from 125% to 10%. This news was good for Tesla because its Shanghai Gigafactory is a big part of making money and making cars worldwide. Week-to-week, Tesla’s sales in China dropped 58% on May 11. Year-over-year, they dropped a whopping 69%. The numbers make investors worry about Tesla’s ability to compete in China’s very tough EV market, where local rivals keep pricing their products so low that they cut into Tesla’s profits. However, analysts expect a 2.6% drop in worldwide deliveries for 2025, with Q2 estimates lowered to 375,000 units. This shows that Tesla is facing more challenges, even though its stock price has recently gone up. Tesla Is Considering a huge pay raise from Tesla. According to reports, Tesla’s board has put together a special committee of just two people to look at CEO Elon Musk’s pay and possibly give him a whole new pay package in the form of stock options. Robyn Denholm, the chair of Tesla, and Kathleen Wilson-Thompson are the two committee members. Its existence was revealed in a filing last month with only one line. This led big investors to contact the board to weigh out on how they felt about Musk. The committee will also think about how to pay Musk for work done in the past if Tesla can’t go through with his outrageous 2018 pay package. It was blocked by a Delaware judge last year and is now being appealed in the state’s Supreme Court. That package is worth over $98 billion in today’s stock options. Investors fear their supreme boss will quit if he doesn’t get all the promised money. According to them, Musk is the richest person in the world, and Tesla shouldn’t be worried about giving him billions of dollars right now because he’s a big reason why the car company is in trouble. The company’s revenues took a nosedive for the first time last year, and things didn’t look good for the first quarter of this year, with sales down 13%. This has the potential to end Tesla’s bull run prematurely. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
See 2025's top crypto performers! See which coins are delivering the best returns and leading the charge in crypto.