OVERVIEW
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Spiral is back to let you know WTF is going on with Crypto?

Also we have a key Altcoin we KNOW is going to make waves in the coming bullrun.

Lets dive right in!

NEWS

Lost $9 Billion BTC Resurfaces

Imagine finding out that a decade after the biggest heist in Westeros, the Iron Bank finally decided to return the stolen gold to the citizens.

Well, that's exactly what's happening in crypto!

Mt. Gox, the infamous Tokyo-based Bitcoin exchange that collapsed in 2014, is finally paying back its users.

Starting in early July, thousands of users will get their share of nearly $9 billion in Bitcoin and Bitcoin Cash.

That’s great for the victims of the Mt. Gox collapse but what happens for the rest of us?

This flood of digital treasure might cause some turbulence in the market.

An analyst from JPMorgan predicts a sell-off as soon as the coins hit the wallets, which could put downward pressure on crypto prices.

Spiral’s Take: The market has priced in this potential collapse but we could see a further drop in the market. Don’t rush to sell out of your positions just yet!

What does it mean for you?

Plainly, more pain.

But that doesn’t mean its over. Its times like these that patience will pay you forward 10 fold. And don’t fret we are here to show you the way!

TOKEN WATCHLIST

Chainlink Key For the Next Bullrun

We've been digging around the cryptoverse to bring you some gems!

This one is a must-watch because it’s the glue that holds the crypto universe together: Chainlink.

Chainlink (LINK) is like the magic bridge in a fantasy world, connecting the non-blockchain kingdom with the blockchain realm.

It lets regular companies tap into the blockchain universe safely and securely, acting as a translator between two worlds.

It uses a blend of on-chain and off-chain tech to power hybrid smart contracts and facilitate cross-chain interactions.

So, what’s LINK? It’s the currency of the Chainlink world, paying the network operators and backing up those smart contract promises.

FUTURE OF CRYPTO

How Chainlink Is shaping the crypto Future

Chainlink started as the Robin Hood of market data, delivering dependable price feeds to DeFi protocols in a decentralized fashion.

Now, as the web3 universe expands, Chainlink is stepping up its game.

They're developing new, cryptographically secure data streams for all those new trustless applications popping up.

Before we dive into why institutions are chomping at the bits to work with Chainlink, a quick word from out sponsor, Surmount AI.

INFUSTRUCTURE

Institutions Glee for Chainlink

Now that we understand Chainlink, let’s see why this project is serious.

Imagine if Gotham's Bruce Wayne decided to throw some serious cash into Chainlink (LINK) – that's pretty much what's happening here!

Institutional investors have poured over $30 million into Chainlink, showing their confidence in its tech and future potential, despite current price hurdles.

In just one week, 54 new wallets grabbed 2.08 million LINK tokens from Binance, worth $30.28 million.

This rush shows a strong interest, likely due to Chainlink’s rising importance in financial services and blockchain integration.

Why are institutions interested?

One of the main attractions? Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

It’s like a universal remote for decentralized applications (dApps) and Web3 developers, allowing secure transfers of data and tokens across different blockchains.

Why does this matter?

Networks need Chainlink to communicate and acquire data efficiently. Building an in-house mediator is costly and slow.

Chainlink has top-notch technology and first-mover advantage.

As an example, The Depository Trust and Clearing Corporation (DTCC) recently used Chainlink’s CCIP in their Smart NAV pilot, integrating on-chain data for ten market participants.

This success story, along with partnerships with major banks like Citi, BNP Paribas, Lloyds Bank, and Deutsche Bank, has boosted Chainlink's credibility.

USE CASES

Real World Application of Chainlink

Real-world asset (RWA) tokenization is one of the largest opportunities in blockchain, potentially worth hundreds of trillions of dollars.

Chainlink Labs' Ryan Lovell highlights that while traditional finance isn’t the best use case, real-world data is crucial.

As financial infrastructures digitize, asset managers can unlock dormant capital, access global markets, and reduce operational costs.

This means new revenue models, unified portfolios, and fewer intermediaries.

Here's how Chainlink powers various use cases:

• Insurance: Automates payouts based on real-world events.

• Supply Chain: Tracks and verifies goods from origin to destination.

• Governance: Transparent voting systems using real-world data.

• Cross-Chain: Seamless asset transfers across blockchains.

• Compliance: Ensures transactions meet regulatory standards.

• Identity Verification: Confirms identities for secure interactions.

• Advertising: Tracks ad performance and verifies metrics.

• Weather Data: Powers weather derivatives and crop insurance.

• Healthcare: Secures patient data and streamlines medical records.

• Retail: Manages inventory and verifies product authenticity.

• IoT: Connects smart devices for automated actions based on data.

FEEDBACK

Chainlink is set to dominate both the crypto and traditional finance worlds. With blockchain tech booming, it's not if Chainlink will soar, but when.

Currently priced at $12.93 with a $7.8 billion market cap, it's a prime investment. Want insider tips on the best time to buy Chainlink? Let us know below!

At Spiral, our expert asset and hedge fund managers are here to guide you! We’re dedicated to transforming your financial future.