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The US Department of Commerce is tagging Chainlink (LINK) to help the US government bring “government macroeconomic data on-chain. Commerce Secretary Howard Lutnick announced the government’s plans to resume trying to place key US spending and economic data on blockchain on Wednesday, saying the department was just “ironing out all of the details.” JUST IN: US Department of Commerce partners with Chainlink $LINK to bring "government macroeconomic data onchain." pic.twitter.com/fd6hjkgT1b — Watcher.Guru (@WatcherGuru) August 28, 2025 According to Chainlink, the data will be updated at least quarterly and is available across ten blockchain ecosystems, including Avalanche, Base, and Ethereum. LINK’s announcement adds that more blockchain ecosystems could be added to support this data, based on user demand. The following six data points on the U.S. economy are now available for viewing on-chain: U.S. Government Macroeconomic Data Data Type Data Descripti...

Chainlink (LINK) is experiencing quite a price surge amid a market-wide recovery. The asset is trading in the green zone across the board. LINK’s price has risen 14.7% in the last 24 hours, 12.5% in the weekly charts, 8.7% in the 14-day charts, 37% over the previous month, and 90% since August 2024, according to CoinGekco’s LINK data. Source: CoinGecko Chainlink Rallies Amid Reserve Announcement Source: Crypto Vally Journal LINK’s latest upswing comes amid the project announcing the launch of the Chainlink Reserve. The reserve is designed to support long-term growth and sustainability of the Chainlink Network. The reserve will accumulate LINK tokens using off-chain revenue from large enterprises. The early stage of the reserve has already accumulated over $1 million worth of LINK. The team does not anticipate any withdrawals from the reserve over several years. We're excited to announce the launch of the Chainlink Reserve, a new upgrade centered on the creation of a st...

A closely followed crypto analyst is predicting Ethereum’s (ETH) path to all-time highs, as well as updating his outlook on two other big altcoins. Trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that he’s expecting ETH to start making a run to $4,800 with anything below the $2,400 level a bargain for bulls. “Anything sub $2,400 on ETH is, after this big move upwards, a steal before we’ll start to run of towards the ATH’s (all-time highs) for Ethereum.” Source: Michael van de Poppe/X At time of writing, ETH is trading at $2,387, nearing Van de Poppe’s high time frame support area. The trader is also keeping an eye on decentralized blockchain oracle service Chainlink (LINK). According to Van de Poppe, LINK is most likely a solid play looking ahead, with the $14 level being a potential entry point for bulls. “It would be great if LINK holds this first level of support. If buyi...

The cryptocurrency market is making a slight recovery today. Bitcoin (BTC) has reclaimed the $96,000 price point once again. The global crypto market cap has risen to $3.09 trillion. Chainlink (LINK) is also experiencing a price rebound. The asset is up 2.5%. in the daily charts and 27.4% over the previous month. Despite the slight recovery, LINK’s price is down 5.3% in the weekly charts, 4.8% in the 14-day charts, and 2.9% since May 2024. Also Read: Dogecoin Prediction: AI Reveals DOGE Price For Mid-May 2025 Source: CoinGecko Cryptocurrencies Recover Amid Big Institutional Buys Source: Watcher Guru The cryptocurrency market faced quite a dip in early April. Chainlink’s (LINK) price fell to a low of $10.89 on Apr. 9. Bitcoin briefly fell to below $75,000. The market has made quite a recovery since its April lows. The recent market resurgence was likely fueled by institutional investors. BlackRock alone has purchased over $4.5 billion worth of Bitcoin (BTC) for its spot BTC E...

Chainlink (LINK) is picking up momentum after being a part of a sluggish month for cryptocurrency in February. The altcoin is recovering in price, with LINK up 6% on Tuesday, trading just over $13.50. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. For Tuesday, LINK’s Long/Short ratio shows buyers’ dominance, indicating the bullish sentiment in the market. Bulls are sending the price up by buying supply in bulk. Their sentiment hints that bulls seem confident a deeper decline is unlikely despite a brief pullback this past weekend. This can also be observed in Chainlink LINK’s trading volume, which is up 28% in the last 24 hours to $878.52M. Long Buyers Beating Out Short Sellers for Chainlink Furthermore, according to Coinglass, the Chainlink Long/Short ratio, which measur...

The Chainlink LINK cryptocurrency is down almost 6% in 2025 year-to-date, continuing a month-long struggle. The altcoin had a solid 2024 in terms of growth, however, has failed to continue that momentum into 2025. Fortunately, the asset hasn’t fallen dramatically, maintaining above the key resistance level despite the struggles. Still, what’s wrong with Chainlink in 2025, and will its time come to rebound? Over the week, the Chainlink (LINK) token has crashed 13%, reflecting the entire market’s struggle, where Bitcoin has dropped below $100k. Though this is happening under the impact of various macroeconomic events, the concern is more about its continuity. Multiple positive catalysts have come for the crypto market in 2025, including a pro-crypto US government judicial administration. The market has shown signs of potential but is still warming up. When Will the Chainlink (LINK) Rebound Begin? Come altcoin season this Spring though, tokens like LINK expect to finally get th...

Shiba Inu is undoubtedly one of the core tokens of the cryptocurrency system. The meme coin took the internet by storm after its launch in 2020. SHIB’s 2021 price rally was memorable, leaving investors spellbound for the rest of their lives. Will SHIB ever be able to spark a rally like that? Let’s find out. Also Read: Dogecoin Eyeing $1.3 in 2025? When DOGE Could Set New ATH Shiba Inu: Core Proceedings and What’s Happening Source: Watcher Guru Shiba Inu is currently sitting at $0.00002187, up 4% in the last 24 hours. The token has lately been projecting a slow momentum, noting a 20% and 19% downtick in the last week and month. Furthermore, Bitcoin’s low price momentum has added more pressure to the altcoin market, with coins like SHIB raking in slow gains. The year 2024 has been significant for SHIB in many ways. Talking about it in detail, Lucie, SHIB’s marketing lead, shared on X how 2024 impacted SHIB in many ways. Regarding Shibarium, the platform went throug...

The decentralized oracle network Chainlink (LINK) continues to outpace all other ERC-20 projects in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Chainlink registered 624.17 notable GitHub events in the past 30 days, more than double the number of the second-ranked project, Ethereum (ETH), which clocked 298.8. The oracle project also topped the list in June and August. The decentralized finance (DeFi) protocol Synthetix (SNX) came in third with 289.93 notable GitHub events. Source: Santiment/X An ERC-20 project is a standard that developers use to issue tokens on the Ethereum blockchain and virtual machine. Santiment notes that it doesn’t count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.” The analytics firm has previously said that heavy development activity centered around a crypto project indicates ...

As Bitcoin nears $70,000, many altcoins are set for major growth. This surge is fueled by new blockchain technologies and market trends. Digital assets are also evolving, and this might offer investors the chance to earn. Let’s explore this topic further and see what altcoins can surge in the next period of time. Also Read: Shiba Inu (SHIB) & Dogecoin (DOGE) Weekend Price Prediction Altcoin Surge: Exploring Blockchain Innovations and Future Trends 1. NEAR Protocol (NEAR) NEAR Protocol’s scalable platform could see rapid growth as blockchain adoption increases. It’s projected to surge 231.60% to $14.48 by September 2024 from its current $4.50 price. The Fear & Greed Index at 34 suggests caution. However, NEAR’s 14-day RSI of 48.15 and 15.44% volatility hint at a breakout. Its 40% green days last month support this. 2. Arweave (AR) Arweave’s permanent storage solution may become crucial in the data economy. Forecasts place AR at $34.86 by September 2024, a 39.52% ...