Cryptocurrencies Price Prediction: Cronos, Chainlink & Crypto – European Wrap 25 March

FXStreet Team FXStreet

Cronos rallies 17% ahead of its zkEVM v26 Mainnet upgrade

Cronos (CRO), the token for the Crypto.com platform, extends its gain by 17% and trades around $0.11 on Monday after surging nearly 18% the previous day. The main reason behind the rally is the partnership between Trump Media and Technology Group and Crypto.com on Monday and the upcoming mainnet upgrade on CRO this week. Moreover, the technical outlook and open interest data suggest a rally continuation.

Chainlink and Abu Dhabi Global Market ally to boost the utility of tokenized assets in the UAE

Chainlink (LINK) price hovers around $15.15 at the time of writing on Tuesday after gaining 4.56% the previous day. LINK and Abu Dhabi Global Market (ADGM) ally to boost the utility of tokenized assets in the United Arab Emirates (UAE) while ensuring regulatory compliance. Moreover, Chainlink has surpassed $20 trillion in transaction value enabled, signaling rapid adoption in on-chain finance.

Trump’s tariff plans may shake up crypto market

Trump’s possible delay of broad tariffs may ease pressure on crypto markets, but uncertainty keeps Bitcoin and Ethereum vulnerable to policy shifts.

President Trump is preparing to announce a new set of reciprocal tariffs on April 2, a move he calls “Liberation Day” for the U.S. economy. Aimed at reducing the country’s $1.2 trillion trade deficit, this policy shift could have a noticeable impact on financial markets, including crypto.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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