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Chainlink (LINK) is up nearly 20% from its dip last week, signaling a rebound in investor sentiment and price forecast. Volume is increasing, volatility is picking up, and LINK is forming a base structure that could mark the end of its accumulation phase. The cryptocurrency is also up following its announcement of a new partnership with credit card provider Mastercard. Now back above $13, investors hope that July will prove bullish, perhaps sending LINK back above $20. Chainlink (LINK) is currently trading over 25% below its May high, reflecting the broader market impact of rising macroeconomic uncertainty and geopolitical tensions, especially the recent Middle East conflicts. Despite these pressures, LINK has managed to hold within a steady consolidation range, signaling resilience as the crypto market awaits its next decisive move. Crypto analyst Henry Lord of Alts says that Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His Analysis h...

Someone has been accumulating BTC throughout the 2022 Bitcoin bear market, and the trend shows no sign of reversing. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called “accumulation addresses” is nearing all-time highs. "HODL-only" BTC addresses climb closer to 1 million mark Behind the scenes in the 2022 Bitcoin bear market, certain entities are in no doubt over their BTC investment strategy. According to Glassnode, Bitcoin accumulation addresses are more numerous than ever before, while the BTC balance they contain is almost at a record high. “Accumulation addresses are defined as addresses that have at least 2 incoming non-dust transfers and have never spent funds,” the firm’s description explains. Glassnode adds that exchange wallets and those belonging to miners are excluded from the tally, as are addresses last acti...