LINKUSDT
Chainlink / Tether USD
cryptoComposite

🌍 **Macro** The Fed held rates steady at 3.75%–4.00%, as expected, lifting U.S. stocks. Memory stocks rallied after SK Hynix reported a sevenfold increase in Q3 operating profit, while Google’s weaker earnings reignited concerns over AI investment returns. BTC reclaimed $81K but stalled near $81.7K as trading volume declined. ⸻ 📈 **Market Snapshot** • BTC: $81,340.4 (+0.53%) • ETH: $2,359.53 (+0.39%) • NASDAQ: 26,549.85 (+0.27%) • S&P 500: 7,744.37 (+0.28%) • F&G: 51 (previous: 51) ⸻ 🧠 **Market Take** The Fed’s decision was expected, but two officials favored a rate hike, highlighting persistent inflation concerns. Corporate BTC holdings have reached 1.3M BTC, up 31% in 14 months, although Strategy accounts for 71% of that growth. Meanwhile, short-term holder profits have narrowed to 5.5%, with their average cost basis near $76.5K. **Key levels:** • Resistance: $81.5K–$81.75K • Support: $80.7K–$81K • Key long-term holder reference: $76.5K • Trend: Consolidating ⸻ 🔥 **Hot Tokens** • **AI/PRIORS:** Gained over 25% and 33%, respectively, after appearing on Robinhood’s asset display page. • **MPLX:** \+60%, with trading volume surging over 28x amid speculative activity. • **PEPE:** \+10% as two dormant whale wallets transferred 2.27T tokens. • **LINK:** \+2% after Chainlink expanded its partnership with S&P Global Ratings to bring risk assessment data onchain. ⸻ 📰 **Key Updates** • **CFTC vs. Utah:** CFTC sued Utah over restrictions on Kalshi, while Utah filed criminal charges against the platform and two co-founders. • **Google:** Introduced MPC-based digital asset custody, targeting commercial launch in early 2027. • **DTCC:** Officially launched its tokenization service, with Ondo Finance as an ecosystem partner. • **Pump.fun:** Integrated Hyperliquid perpetual futures trading. • **Canada:** Raised its benchmark rate by 25 bps to 2.50%. • **Token unlocks:** CARDS unlocks 9.6% ($18.4M) on Oct 30; FLOCK unlocks 40.97% ~~(~~$18.4M) on Oct 31. ⸻ ⚡ **Quick Take** BTC is holding above $81K, but declining volume and resistance near $81.7K suggest momentum remains fragile. Watch the $80.7K support zone, upcoming earnings, and the Bank of Japan decision for fresh market direction.

“According to a forensic analysis of the event by security firm Blockaid, the attacker targeted two Binance hot wallets named “Binance 14” and “Binance 16”. They then siphoned multiple cryptocurrencies, including $1.6 billion in $USDT, $62.6 million in RLUSD, $450 million in Ethereum ($ETH), $800 million in $USDC, 6.19 million Uniswap ($UNI), and 2.26 million Chainlink ($LINK). The funds were then directed to a newly created address that was recently funded through the privacy mixer Tornado Cash.” Sauce: Cryotonet.com

In saying all this, what do you think is a fair price for the LINK token itself since there are a billion of those ever in circulation?

LINK IT PLZ

ADD THE LINK!!