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ChainLink Price Prediction: LINK $15 Breakout Could Lead Its Price To $26

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Key Takeaways:

  • Chainlink (LINK) is testing a major breakout point in a falling wedge pattern on the daily chart, with a bullish structure emerging.
  • A clean break above $13.27 could fuel a parabolic rally, but volume and buyer strength remain critical factors.
  • Despite short-term pullbacks, bulls hold majority dominance, hinting at underlying market confidence.

Chainlink (LINK) is tightly coiling in a textbook falling wedge, a bullish reversal charting pattern. The asset is now pushing up against the top of the wedge, with increasing volume indicating growing demand for a breakout, says a crypto market expert.

However, the chart for the day illustrates that LINK rose as high as $13.27 before pulling back marginally to $13.10, but the pullback may be merely the precursor to something more.

Volume increases around the level of resistance usually precede breakout movements, and that’s what we’re observing in LINK’s structure right now.

The falling wedge has been active since the early part of March, and following weeks of ranging, today’s test around the $13.27 resistance may indicate if LINK speeds higher or corrects for one last shakeout.

For confirmation, a strong daily close over $13.27 with sustained volume. If so, $15.40, $17.50, $20.00, and even $26.50 are in play in a short- to mid-term context.

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Soucre: X

Chainlink Bulls in Control, Dominance at 50.94%

Tactically, bulls seem to be in command for the time being. At 50.94% dominance in the order book, the buyers are in control.

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Soucre: X

LINK’s latest move up to $13.27 reflects strong commitment, and the bounce from $12.50 has also made bullish conviction stronger.

If $13.27 gets cleared with momentum, the initial upside objectives will be $13.50 and $13.80. For risk control, a stop-loss of around $13.00 will protect against sudden reversals.

But if LINK falls below $12.90 with confirmation from volume, sentiment has the potential to change soon. Short towards $12.64 and $12.30 becomes possible under such a scenario, with a stop-loss placed at $13.20.

Nonetheless, the chart structure has not had any recent higher highs from the $16 top, so the setup is still weak. Under such conditions, a broken breakout could be nothing more than the market probing liquidity ahead of a bigger directional move.

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SEC Dismisses Helium Case: Major Win for DePIN Projects

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Key Takeaways:

  • The SEC has formally dismissed all claims against Nova Labs regarding unregistered securities.
  • Helium’s token distribution model (HNT, IOT, MOBILE) is now clearly affirmed as non-securities.
  • This verdict sets a major precedent for crypto-driven infrastructure initiatives like DePIN.

In a breakthrough for blockchain-based infrastructure, Helium’s founding organization, Nova Labs, has won decisively against the U.S. Securities and Exchange Commission.

The regulator has formally abandoned its accusations that the company sold unregistered securities, a charge focused on Helium’s distribution of its token and sale of hotspot devices.

The SEC’s dismissal with prejudice of the case against them ensures these charges cannot be re-filed.

It marks an important regulatory turning point, particularly for decentralized physical infrastructure networks (DePINs), which are increasingly important to closing the digital divide.

Nova Labs can finally proceed with confidence, unshaded by the shadow of regulation that fell upon them with the initial filing.

This is the turning point in the legal evolution of crypto that clarifies that incentivized token models applied to community-based infrastructures are not per se securities under the company definitions.

However, HNT, IOT, and MOBILE tokens are validated to be genuine instruments of distributed growth and not investment contracts.

SEC Shifts Stance on Blockchain Innovation Legality

Additionally, the timing on this legal reversal is significant. The first lawsuit was filed during a U.S. Securities and Exchange Commission leadership transition, and its political motivation is called into question.

Yet under this administration, the SEC has not just retreated but essentially sanctioned a model whereby public involvement in networking is hailed as an innovation, not securities fraud.

This decision demonstrates an increased awareness among regulatory institutions regarding the nature of blockchain networks.

Helium’s tokens are not like traditional securities because they are acquired by offering real-world services, network coverage through equipment rather than investment speculation.

Analyst Maya Lin, ChainMarkets Insights’ senior researcher, stated that this decision “opens a new chapter for DePINs, where utility tokens receive legal legitimacy and builders can move forward without fear.”

Nova Labs is finally able to refocus its efforts on expanding The People’s Network, its user-powered and decentralized wireless infrastructure project.

Legal issues out of the way, the way is open to expand its mission: bringing people affordable and reliable connectivity, powered by contributors around the world.

A Green Light for the Future of DePIN

However, for a community founded on grassroots action and peer-driven connectivity, the dismissal is more than legal vindication; it is an ignition of momentum.

In resolving the legal ambiguity surrounding its vision, Helium re-establishes its leadership position in decentralized infrastructure innovation.

The victory also serves as a precedent. It will probably be used as an authoritative precedent by future blockchain projects trying to navigate U.S. regulatory waters.

As governments around the world are reviewing their crypto architectures, Helium’s model can potentially act as an exemplar on how to balance effectively innovation, participation, and compliance.

As the U.S. Securities and Exchange Commission recedes into the distance, the Helium community continues to move forward, lighter, legitimized, and more dedicated than ever to transforming how the globe is connected.

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SEC’s New Crypto Disclosure Rules: Key Compliance Tips for Issuers’ Legal Risks

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Key Takeaways

  • The SEC is intensifying crypto disclosure scrutiny, preparing detailed guidance for future changes if cryptocurrencies are classified as securities.
  • The Crypto Task Force, initiated by Acting Chairman Mark T. Uyeda, is central to developing a clearer regulatory and disclosure framework.
  • Issuers in the crypto space must tailor detailed, project-specific disclosures aligned with federal securities law when offering or registering assets.

The Securities and Exchange Commission (SEC) is setting the stage for potentially earth-shattering changes in the way that crypto-related firms disclose businesses, technologies, and risks.

Although the regulator has not formally designated all crypto assets as securities, it is aggressively pushing firms towards disclosure regimes, treating them as securities just in case.

In its latest statement released by the Division of Corporation Finance, the SEC noted the importance of increased transparency in disclosures under the Securities Act of 1933 and the 1934 Exchange Act with respect to crypto offerings.

The revisions offer guidance to companies associated with networks, apps, or digital assets regardless of whether or not the tokens are being used in investment agreements.

The Division made clear that companies should make disclosures that are commensurate with their individual business models, types of crypto exposure, and the risk to investors.

Technological Milestones Propel Crypto Industry Growth

They should include customized narrative explanations of operations, technological development milestones, network features, and the role played by any related digital asset in the company’s operations.

The new SEC perspective affects firms that are filing documents such as Form S-1, Form 10, Form 1-A, and Form 20-F.

It is not bureaucratic checking boxes; companies will need to describe how their token operates in its environment, who controls it, how secure it is, and if its code has been audited. None of this is optional anymore.

Acting Chairman Mark T. Uyeda’s establishment of the Crypto Task Force was an important step toward providing the Commission with internal expertise regarding this fast-moving industry.

The task force is already having an impact on the way the Division of Corporation Finance describes expectations, guidance that can inform a more unified compliance trajectory for crypto companies.

SEC Focuses on Risk Hedging and Pricing

Most importantly, the disclosure focus is not on overall blockchain principles but on the particular, practical uses related to an enterprise’s operations.

However, the SEC is interested to know how firms price, hedge against risk, and conform to current financial regulation, including any implications under anti-money laundering or commodity law.

Analyst Jordan Reiss from Frontier Compliance Insights stated that this is “a clear indication the SEC is establishing jurisdiction in gray areas,” ready to hold issuers responsible even prior to official classification of numerous assets.

If your company has crypto, either as main functionality or as an investment vehicle, you’re under notice to tidy up your filings.

The issuers should explain how the token functions as an asset class: its rights and entitlements, its liquidity, its transferability, and if it can be burned or staked.

Disclosure regarding who governs upgrades to the platform, validates transactions, and controls the supply is similarly important to investor risk and the integrity of the market.

Nonetheless, under this direction, the SEC is not quite banging the gavel, but it’s certainly raising it.

Related Reading | Crypto Whales Are on a Buying Frenzy – Is a MASSIVE Bitcoin Price Surge Coming?

Federal Crypto Oversight Needed to Protect U.S. Financial System

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Key Takeaways:

  • Letitia James, New York State Attorney General, urges Congress to pass a federal framework to regulate digital assets.
  • Her focus includes preventing cryptocurrency-related fraud, protecting the U.S. dollar’s dominance, and ensuring financial market stability.
  • James also advocates for disallowing digital assets in retirement accounts due to their volatility.

This morning, Letitia James, New York’s state attorney general, wrote to congressional leaders Senate Majority Leader Chuck Schumer and House Speaker Mike Johnson, expressing an urgent need for quick action in regulating digital assets.

She points out in her letter that an overarching federal approach can prevent risks related to cryptocurrencies in terms of fraud, criminality, and financial uncertainty.

James underscored rising fears over digital assets, and Bitcoin in specific, which she contends risk destabilizing the dominance of the U.S. currency in finance.

With digital currencies such as Bitcoin poised to take over from the dominance of the dollar, James cautioned that the U.S. needs to move resolutely in policing its national interests.

She further sounded an alarm over the rising use of digital assets in criminal enterprises, running from financing terrorism to backing rival foreign regimes.

James explained the large risks presented by digital assets, and especially those connected to U.S. national security and financial stability.

National Security & Financial Risks of Cryptocurrencies

Cryptocurrencies, in their decentralized nature, offer possibilities for illicit use. Countries such as North Korea, Russia, and Iran have used virtual currencies to evade sanctions and finance destabilization.

North Korea, for instance, has used stolen billions in digital currencies to support its nuclear program.

In addition, James pointed out that the unregulated nature of the cryptocurrency market is fertile ground for manipulation and fraud. With its growing integration into the financial system, the volatility of cryptocurrencies threatens traditional banking.

The banking crisis of 2023, in which some of the biggest banks collapsed, was partly due to the vulnerability of those banks to the shaky market.

James called in her letter for Congress to pass a set of pragmatic regulatory provisions. These include guaranteeing the onshoring of stablecoins in an effort to shield the U.S. dollar and treasury market, as well as applying rigorous anti-money laundering requirements to crypto platforms.

James Pushes Transparency and Regulation in Crypto

However, she called for transparency in crypto transactions, demanding straightforward registration processes for issuers and intermediaries.

James also had concerns about placing digital assets in retirement accounts due to their volatile and unpredictable nature.

Cryptocurrencies such as Bitcoin fluctuate greatly in terms of their valuation, and they do not fit well in long-term savings requiring stability.

As cryptocurrencies further disrupt financial markets, James’ regulation call protects American investors and maintains financial system integrity.

Nonetheless, with an emphasis on transparency, anti-fraud provisions, and safeguarding U.S. interests, her strategy creates an opportunity for a regulated and secure digital asset future.

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Ether.fi Integrates Chainlink Proof of Reserve to Enhance eETH Transparency

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Key Takeaways

  • Ether.fi has adopted Chainlink’s Proof of Reserve on Ethereum mainnet, providing on-chain verification of over 2.4 million restaked ETH backing eETH.
  • This move boosts transparency and security for eETH users while aligning with decentralization goals.
  • The integration empowers developers and protocols with real-time collateral data, reinforcing trust in liquid restaking systems.

Ether.fi has now integrated Chainlink’s Proof of Reserve (PoR) onto the Ethereum mainnet. The cutting-edge oracle solution provides live, on-chain insight into assets held by ether.fi, at the current level of over 2.4 million ETH.

Strategic adoption is intended to further support eETH, ether.fi’s non-custodial liquid restaking token’s transparency and credibility.

eETH is structured to provide investors with the opportunity for Ethereum staking without losing the flexibility to use assets within the broader DeFi domain.

With restaked ETH in its liquid state, eETH allows investors to retain yield exposure and usability. Yet, as capital efficiency grows, so does verifiable backing’s role. Enter Chainlink PoR.

Chainlink Proof of Reserve guarantees every unit of eETH is collateralized at 1:1 against staked ETH. It provides decentralized verification at the blockchain level rather than depending upon centralized custodians and opaque reporting.

Anyone, whether an individual holder or an automated protocol, can now verify for themselves at any time ether.fi reserves.

StakeFi Analyst Highlights Importance of Chainlink Integration

The integration represents a milestone for staking infrastructure, according to StakeFi Research’s DeFi analyst Marcus Vayne.

Vayne underscores the point that as restaking increases in popularity, support for it from underlying protocols needs to keep pace in terms of scale and security. Vayne said:

With $4+ billion in locked value, ether.fi can’t afford to hide, Users demand assurance, and Chainlink’s decentralized oracle framework delivers that assurance without compromise.

Vayne also highlighted how this adoption can define industry standards. The adoption brings about a precedent for openly accessible, automatic reserve audits, something missing from most staking platforms.

It not only benefits the end user but also provides an opportunity for integration into other risk-focused DeFi applications.

By integrating PoR within its operational center, ether.fi is actively taking measures to mitigate concerns over user safety, liquidity, and trust.

With automatic checking of reserves, any disparity in eETH supply and actual reserves would trigger an immediate flag, possibly allowing for automatic measures within smart contracts.

Ether.fi Embraces Chainlink Proof of Reserve Integration

Ether.fi’s implementation of Chainlink Proof of Reserve is not merely an upgrade; it’s a statement. With its growth, transparency is turning out to be a competitive advantage.

In adopting an open, verifiable standard for reporting collateral, ether.fi isn’t merely keeping up; it’s leading the charge.

This integration reinforces the restaking story, showing how novel protocols can combine liquidity and security. It’s one that others will probably imitate as verifiable DeFi becomes increasingly defined.

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Chainlink’s Bearish Trend: Will LINK Bounce Back or Break Below $10?

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  • Chainlink’s price is currently under bearish pressure, trading at $11.36, down by 2.85% in the last 24 hours.
  • Technical indicators suggest that the next major support levels for LINK are at $10 and $7.50.
  • Market sentiment remains subdued, with a decrease in trading volume by 17%, indicating a cautious investor outlook.

Chainlink (LINK), as it turns out, has been facing significant bearishness in the recent trading periods. Currently, LINK is trading at $11.36, down 2.85% in the last 24 hours.

In spite of the decline, its market capitalization has been fairly robust at $7.4 billion. Trading volume has dwindled by 17%, however, an indication that there is no considerable interest or fervor among traders in this coin at the moment.

Technically, Chainlink has crossed below its rising trendline, marking an important change in the asset’s market dynamics. This crossing has seen analysts pinpoint the subsequent major support levels at $10 and $7.50.

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Socure:X

Though the priority is on $10 in the near term, where the all-important support should be found, $7.50 may be the subsequent region of focus if the momentum continues downwards.

Technical Configuration of Chainlink

Digging into the technical configuration, Chainlink is testing an important pivot level at $11.36, with near-term support at $10.86. The relative strength index (RSI) is at an oversold level of 34.96, hinting at the possibility of price reversal.

Still, the high reading of the average directional index (ADX) at 26.92 indicates that the downtrend is still strong, with momentum in favor of extending the downtrend.

LINKUSDT 2025 04 09 03 46 23
Chainlink’s Bearish Trend: Will LINK Bounce Back or Break Below $10? 5

Volume analysis is in favor of the bearish forecast, as the volume profile is just above the average, showing persistent selling pressure.

There is controlled selling that dominates the market structure at present, with no signs of an immediate strong reversal in place.

For those who wish to take advantage of the prevailing trend, short-term trades can be made at the $10.86 support level, with the stop-loss at just below $10.35.

Key Considerations for Long Positions

For those who are thinking of taking long positions, it is important that they wait for confirmation of above the $11.86 price reclamation before initiating entry, with the placement of a stop-loss below $11.36 in order to contain any downside risk.

Market mood is overall cautious, with the key trend still being bearish. However, the oversold levels may offer a chance for counter-trend trading, especially in the case of a relief rally.

The near-term is negative as long as $LINK is below the $11.86 level. However, the price can see its direction changed if it manages to take out the $11.35 pivot point, especially with volume on its side. For medium-term traders, the area of resistance between $14.48 and $15.88 is still worth monitoring.

In short, while market trends are currently on the side of being bearish, volume indicators should be monitored as well as reversal signs for better trading opportunities.

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BlackRock Selects Anchorage Digital as Qualified Custodian Amid Growing Demand

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Key Takeaways:

  • Anchorage Digital Bank will now provide digital asset custody for BlackRock’s crypto offerings.
  • BlackRock selected Anchorage after a rigorous evaluation process for its secure, federally regulated crypto infrastructure.
  • The partnership sets the stage for expanded collaboration to meet surging demand for crypto investment products.

Anchorage Digital Bank, the sole US federally chartered digital asset bank, has broadened its partnership with BlackRock in facilitating digital asset custodianship for the asset manager’s crypto-focused funds.

This strategic partnership is an indicator of the increasing inclusion of digital assets in conventional portfolios, as retail as well as institutional investors increasingly seek out this asset class due to increasing interest in it.

As of April 3, 2025, BlackRock is still the global leading issuer of spot cryptocurrency exchange-traded products (ETPs), with about $50 billion in assets under management.

Anchorage Digital Bank has been officially recognized as an additional qualified custodian for BlackRock’s spot crypto ETPs and other funds that offer exposure to digital assets in response to this growth.

The company offers custody solutions such as offline storage of private keys, biometric authentication, and low-latency settlement of transactions, presenting considerable protection from operational risk.

BlackRock Commitment to High-Quality Custody Solutions

It is also federally regulated, ensuring that clients’ assets are separate from one another and from corporate assets held within the company itself, an additional measure for investor assurance.

Expanding the custody relationship is in line with its overall approach to building out its footprint in the digital asset space via partnerships with top-quality service providers.

Anchorage already hosts the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), and this expansion into broader digital asset custody cements its position as an asset manager’s top choice for crypto banking partners.

Robert Mitchnick, BlackRock’s Head of Digital Assets, has noted the company’s focus on continuously refining its digital asset platform through working with providers of high-quality, scalable, and secure solutions.

BlackRock Expands Anchorage Partnership

Anchorage fit the bill with the synergy between technological advance and federal regulation, increasingly an uncommon combination in the fast-changing world of crypto custodianship.

Digital assets analyst Caroline Brenner pointed out BlackRock’s decision to expand its dependence on Anchorage as evidence of increasing demand among top asset managers for federally chartered custodians over unregulated or foreign options.

She opines that this is in line with long-term plans for aligning crypto products with conventional compliance regimes while ensuring business continuity.

However, the THERE partnership does not end at custody. In the future, the partnership will support other functions like staking, on-chain governance, and settlement of assets.

These are functions that will be important as BlackRock continues launching diversified crypto investment products for a wider range of investors.

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