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A mysterious whale has made a new entry into ChainLink cryptocurrency by accumulating 663,580 tokens on Sunday. The whale spent a staggering $16.5 million in the ordeal, holding more than half a million LINK in the wallet. The wallet address had previously indulged in swing trading Chainlink two years ago and took home a profit of $1.72 million. For the uninitiated, swing trading is a concept where investors map its growth and take entry positions between two days and a few weeks. Also Read: Chainlink LINK Price Prediction: Analysts Eyeing $73 Target They stick to a price target and quickly exit after reaching the point. They don’t indulge in the ‘buy-and-hold’ long-term policy but book quick profits after a target is met. Swing traders use technical Analysis to identify which stocks or cryptocurrencies are likely to rise next and invest in them after conducting thorough research. The anonymous whale had made $1.72 million by swing trading Chainlink cryptocurrency in ...

MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset. On Monday, Saylor announced that the publicly-traded company had acquired another 27,200 BTC for over $2 billion. The news coincided with the surge in Bitcoin price – which reached a new all-time high above $84k. Earlier, the world’s largest and most popular cryptocurrency had traded to above $82k. This follows sentiment from the Donald Trump election victory, which continues to create a bullish buzz. MicroStrategy its $22 billion in BTC purchases The latest Bitcoin purchase for MicroStrategy comes after the company raised $2.03 billion. Earlier, MicroStrategy had revealed plans to raise $42 billion to buy more bitcoins – a scenario that has added to the overall bullish sentiment around the benchmark cryptocurrency. Saylor said his company spent these proceeds on buyin...

Called "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized. The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25. Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #Avalanche Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, and Avalanche is uniquely equipped to power these systems. pic.twitter.com/ZWy109CMCi — Avalanche (@avax) July 25, 2023 Avalanche Vista comes amid a groundswell trend towards token ization throughout the blockchain community. Essentially, token ization allows anyone to convert an off -chain asset into a digital, on -chain token . One of the most popular early use cases for tokenization is in the real estate sector. Investment property purchases are typically the domain of large investors or investment corpo...