Chainlink Hits New 52-Week High amid Whales’ Buying Spree

Chainlink peaked at $26.92, reaching a new 52-week high.  Whale activity shows confidence, with a single whale purchasing $6.68M worth of LINK tokens during the rally. Retail and mid-tier investors increased their positions significantly, with mid-sized whale holdings rising by 104.61%. Technical indicators, including a golden crossover and a falling wedge breakout, suggest potential price targets of $31.96 and $52.99. Chainlink, a rising Oracle in the segment, witnesses a massive surge in market valuations. After Chainlink crossed the $15.50 billion market cap, LINK market price has reached levels last seen in…

Bybit to Terminate Withdrawal and Custody Services in France in January 2025

Bybit will terminate its withdrawal and custody services in France by January 8, 2025, advising users to withdraw their assets before the deadline. The exchange cited France’s stringent regulations, particularly the requirement to register as a Digital Asset Service Provider (DASP), as the reason for discontinuing its services. Bybit has faced challenges from the Autorité des Marchés Financiers (AMF) since being blacklisted in 2022 for operating without proper authorization. ar. The company has requested users remove their funds from the platform before January 8, 2025, as it plans to ramp…