crypto

Sage D. Young8/12/25

Chainlink outperforms as the protocol’s total value secured reaches a new record of $93 billion

Chainlink’s total value secured, a metric tracking the adoption of the oracle network by measuring how much financial value is secured by the protocol, such as on-chain borrows in the DeFi ecosystem, surpassed $93 billion for the first time.

The protocol’s native token has increased 8.6% in the last 24 hours and 45.2% in the past seven days, making it one of the top gainers, data from CoinGecko shows. Its 24-hour trading volume stands at nearly $1.9 billion, a figure substantially higher than last Monday, when it sat under $600 million.

The new record comes less than one week after the introduction of the Chainlink Reserve, which is “designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage,” a blog post stated. The reserve currently holds $1.5 million worth of the cryptocurrency.

More Crypto

Yaël Bizouati-Kennedy

BlackRock’s IBIT flips Deribit for bitcoin options trading

Bitcoin ETFs are having a strong start to the week, with $522 million in inflows on Monday.

Bitcoin

Yaël Bizouati-Kennedy

Bitcoin regains ground, crosses $114,000

Jim Cramer posted “buy crypto” atop a picture of the national debt clock, which was reposted by Strategy’s Michael Saylor with a slight change.

World's First Bitcoin ATM

Yaël Bizouati-Kennedy

Crypto liquidations top $1.1 billion as bitcoin enters “corrective phase”

The price of bitcoin dipped below $109,000, showing “signs of exhaustion.”

Hand Pouring a Green Liquid

Yaël Bizouati-Kennedy

Ethereum drops below $4,000 as Rex-Osprey launches first ETF with ethereum staking

Mounting concerns over digital asset treasuries buying crypto near the top of the market may be weighing on overall sentiment.

Businessman Looking at a Graph

crypto

Yaël Bizouati-Kennedy9/24/25

Bitcoin’s price finally breaks past $113,000 but ETFs continue to bleed

Bitcoin has seemed stalled around $112,000, but is finally breaking past the $113,000 mark on Wednesday as whales have led a rush to sell. The token’s price is still down nearly 2% over the past week.

David Siemer, CEO of Wave Digital Assets, told Sherwood News that the wave of liquidations is due to a combination of factors hitting at once, including the fact that crypto markets have become heavily leveraged after bitcoin’s run past $120,000.

“Once bitcoin slipped through key price levels, stop-losses and liquidations snowballed against relatively thin liquidity, which amplified the move,” he said, adding that at the same time, stronger-than-expected US inflation data lifted the dollar and dampened risk appetite, giving traders another reason to unwind positions.

“Short-term holders were quick to sell into the weakness, further accelerating the downside,” he said.

Meanwhile, bitcoin ETFs continue to bleed, with outflows reaching $466.7 million since Monday, SoSoValue data shows. Reflecting the risk-off sentiment, gold ETFs, in contrast, experienced their largest inflow since January 2021 on Friday as gold itself hits all-time highs.

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