McConnell, Wicker pan Trump plan for Ukraine as rewarding Putin

Sens. Mitch McConnell (R-Ky.) and Roger Wicker (R-Miss.), the chair of the Senate Armed Services Committee, panned President Trump’s proposal to end the Russia-Ukraine war as rewarding Russian President Vladimir Putin and detrimental to U.S. interests. The 28-point plan, which was quietly hammered out between Washington and Moscow, to end the conflict in Eastern Europe contains several…

Chainlink Tests Lower Bollinger Band as LINK Price Finds Support Near $13.70

The post Chainlink Tests Lower Bollinger Band as LINK Price Finds Support Near $13.70 appeared on BitcoinEthereumNews.com. Darius Baruo Nov 20, 2025 06:52 LINK price climbs 2.85% to $13.71 as technical indicators suggest potential oversold bounce while trading near critical Bollinger Band support levels. Quick Take • LINK trading at $13.71 (up 2.9% in 24h) • Technical bounce from lower Bollinger Band support • RSI at 37.04 indicates neutral-to-oversold conditions • Following broader crypto market recovery alongside Bitcoin gains Market Events Driving Chainlink Price Movement Trading on technical factors in absence of major catalysts defines the current LINK price action. No significant news events have emerged in the past 48 hours to drive fundamental price movement for Chainlink, leaving technical analysis as the primary framework for understanding today’s 2.85% recovery. The modest uptick appears driven by bargain hunting near technical support levels rather than any specific fundamental catalyst. With Bitcoin posting gains today, the broader cryptocurrency market sentiment has provided a supportive backdrop for LINK’s bounce from yesterday’s lows near $12.77. LINK Technical Analysis: Oversold Bounce Potential Price Action Context LINK price currently trades well below key moving averages, with the token sitting approximately 23% below its 20-day simple moving average of $14.95. This positioning below the SMA 20, SMA 50 ($17.41), and SMA 200 ($17.99) confirms the prevailing downtrend structure remains intact despite today’s modest recovery. The Chainlink technical analysis reveals the token is trading within the lower third of its Bollinger Bands, with a %B position of 0.2333 indicating proximity to oversold territory. Binance spot data shows healthy trading volume of $65.2 million over 24 hours, suggesting institutional interest persists despite the technical weakness. Key Technical Indicators The RSI at 37.04 sits in neutral territory but approaches oversold conditions, potentially setting up a technical bounce scenario. The MACD histogram at -0.0215 shows bearish momentum continues but at…

Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers

The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as “federal public benefits,” which will bar some immigrant taxpayers from receiving them, even if they file and pay taxes and would otherwise qualify. Tax experts say immigrants brought to the U.S. illegally by their parents as children, known as DACA (Deferred Action for Childhood Arrivals) recipients, and immigrants with Temporary Protected Status are most likely to be affected by the planned change. Foreign workers and student visa holders as well as some families with children who are U.S. citizens could also be affected, depending on how the rule is written, they say…

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