China News Daily Official TheBitTimes.com

A widely followed crypto analyst says the decentralized oracle network Chainlink (LINK) may be at the start of a new uptrend. Michaël van de Poppe tells his 781,500 followers on the social media platform X that LINK is starting to break out against Bitcoin (LINK/BTC) on the weekly chart. “Slowly, but surely, LINK starts to wake up strongly. I assume we’ll have the next leg upwards to be higher and that the bull for Chainlink has begun.” Source: Michaël van de Poppe/X Looking at his chart, the trader suggests that LINK may rally to 0.0007950 BTC ($69.15). LINK/BTC is trading for 0.0001793 BTC ($15.57) at time of writing, up 1.53% in the last 24 hours. Next up, the analyst says that Bitcoin is holding an ascending trendline as support and may soon hit $94,000 if BTC can break through resistance at the $87,000 level. “The trend is still great on Bitcoin and it looks to be that we’re going to be breaking upwards to $90,000.” So...

Binance CEO “CZ” AMA and Sixth Anniversary The crypto community congratulated Binance and Binance CEO CZ for the crypto exchange’s upcoming sixth anniversary during a Twitter Space AMA session on July 5. advertisement The session has many questions regarding Binance’s developments in Africa including peer-to-peer services, a ban on scammer entity Binance Nigeria, and efforts to make crypto grow in Africa. However, Binance can work with regulators on crypto regulatory frameworks and supervision or help with any other issue. Regarding a question on the US SEC lawsuit against Binance and ongoing negotiations or settlement discussions, CZ said he can’t get into a lot of detail but is looking for reasonable and mutually agreeable solutions. “I think there’s more than enough public coverage on it. So you can also reference other lawsuits that are ongoing including the Ripple lawsuit case which has been happening for multiple y...