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16:53
US-listed crypto mining stocks surge across the board, Applied Digital rises over 14%
BlockBeats News, January 28, according to Bitget data, U.S. stock crypto mining companies saw a broad surge, with Applied Digital rising over 14%, IREN up more than 9%, and TeraWulf and Cipher Mining both increasing by over 7%.
16:48
From Sand to Stone: Two General Counsels Discuss the New Legal Foundations Shaping the Future of Cryptocurrency
According to a report by Bijie Network: In the latest episode of The Block's "Layer One" podcast, Ava Labs Chief Legal Officer Lee Schneider and Plume Chief Legal Officer Salomon Benaei joined the host to discuss how a new Senate bill could solidify the legal foundation of cryptocurrency, transforming it from uncertain "sand" to stable "rock," and the impact this regulatory clarity will have on the next wave of builders in the sector.
16:48
LINK price drops due to ETF absorbing supply, but charts indicate further downside potential
According to a report by Bijie Network: Although the spot LINK ETFs of Grayscale and Bitwise have cumulatively held more than 1% of the circulating supply, valued at approximately $85.34 million, the price of LINK remains under pressure around $11.95. On-chain data shows that institutional investors continue to buy, and Chainlink's internal reserves are also increasing, but technical indicators suggest short-term weakness. Analysts believe that major buyers may be waiting for a further price pullback, with key support levels near $8.75 to $9.00, before entering a more aggressive buying phase in anticipation of a price rebound.
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