Global

Chainlink (LINK) is holding steady around the $21.70 mark, with bullish signs pointing to a potential rally. The optimism is fueled by several factors, including major investors, or "whales," buying up tokens and a tightening supply on exchanges.

In a recent MSNBC interview, Senator Elizabeth Warren stated her belief that cryptocurrency needs to be regulated, but that the industry itself should not be writing those rules.

The ZORA token (ZORA) has seen a dramatic increase in value, jumping nearly 50% in the last 24 hours and over 118% in the past week. This surge has pushed its market capitalization to $450 million.

The Singapore Exchange (SGX) is reportedly planning to launch perpetual futures contracts for cryptocurrencies, including Bitcoin, to cater to the growing demand from institutional clients.

The LayerZero Foundation has announced a proposal to acquire the Stargate cross-chain bridge and its native STG token in a deal valued at $110 million.

The XRP token, which was on the verge of a significant price breakout, saw its momentum stall due to a wave of fear, uncertainty, and doubt (FUD) following the release of 1 billion XRP from escrow.