Este artĂculo tambiĂ©n estĂĄ disponible en español. Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level. However, bulls may not be ready to give up just…
Chainlink Labs and Fireblocks partner to offer secure stablecoin solutions for financial institutions. The collaboration provides end-to-end tokenization capabilities for regulated stablecoin issuers. Investors show bullish sentiment towards LINK token amid strategic partnerships. Chainlink Labs and Fireblocks have announced a partnership aimed at transforming the landscape of stablecoin issuance and management for financial institutions. This…
With the stablecoin market growing rapidly and now exceeding $124 billion in market cap, more institutional players are beginning to consider what might be possible with tokenization. To meet this need for an end-to-end secure and streamlined solution, Chainlink Labs has teamed up with Fireblocks. Theyâre delivering a turnkey platform that reduces the complexity in…
The latest partnership agreement between Chainlink and Fireblocks has been confirmed as they seek to secure the transfers of stablecoins worldwide. As part of this union, proof of reserves would be used to verify stablecoin collateral on-chain and boost transparency within the industry. Chainlink (LINK) has announced a strategic partnership with Fireblocks to provide secure and…
Chainlink (LINK) is poised for a rally as $60 million worth of the asset has been moved from exchanges to self-custody wallets. According to an analyst, Chainlink could surge to $22, however, it would first have to break out of a falling wedge to build bullish momentum. Chainlink (LINK) looks set for an upsurge after…
Soneium, an Ethereum Layer 2 blockchain created by Sony Block Solutions Labs has officially integrated Chainlink Scale program. This means that Soneium is now using Chainlinks decentralized infrastructure in its platform. The goal of this move is to improve Soneiumâs decentralized application (dApp) ecosystem. That is by offering developers trustworthy data feeds and enhanced compatibility…
Soneium, an Ethereum Layer-2 network, has joined Chainlinkâs Scale program, according to a Sept. 12 statement shared with CryptoSlate. This move grants the blockchain networkâs Minato Testnet access to Chainlinkâs Data Feeds and also makes the Oracle networkâs Cross-Chain Interoperability Protocol (CCIP) services its canonical cross-chain infrastructure. Chainlinkâs Data Feeds provide decentralized off-chain data to…
Este artĂculo tambiĂ©n estĂĄ disponible en español. Chainlink is in a consolidation phase after weeks of volatility and selling pressure. The price currently holds above a support level of $10, a crucial liquidity level. The altcoin attracts the attention of analysts and investors who anticipate higher prices soon. Related Reading Data from Santiment reveals rising…
Chainlink co-founder Sergey Nazarov has predicted a bullish future for tokenized RWA. The Oracle protocol will play a key role in this positive future. Sergey Nazarov, the co-founder of the decentralized Oracle network Chainlink (LINK), has once again illuminated the potential of tokenizing Real-Word Assets (RWA). In a recent Defiant YouTube interview, Nazarov highlighted RWAâs…
LINKâs social dominance spikes to highest level since December 2023. Number of LINK holders decreases amid price decline since August 26. Bearish divergence on price chart suggests potential drop to $8.08, with $11.24 as bullish target. Chainlink (LINK) has captured the crypto communityâs attention, as evidenced by a surge in its social dominance metric. However,…
LINK price rises in 24 hours, aiming to reclaim $12 level. Increasing Open Interest and large transactions suggest growing market interest. Potential V-shaped recovery forming, with $14.82 as bullish target and $10.05 as bearish support. Chainlink (LINK) has embarked on a promising recovery trajectory, with its price showing a increase over the past 24 hours…
Chainlink marked a spike by 1.93%, trading at $10.47. LINKâs dominance in social media has reached its highest in 2024. The overall crypto market has fluctuated throughout the past few weeks. Amid the dips in market cap and trading volume, Chainlink (LINK) has recently broken through critical resistance at $10.35, while many cryptocurrencies extended their…
September 7, 2024 at 04:00 AM GST updated: September 6, 2024 at 10:55 AM 2 mins read News Some currencies focus on solving instability problems by providing stablecoins. This paper analyzes five significant cryptocurrencies: Tether (USDT), USD Coin (USDC), Staked Ether (stETH), LINK, and UNI. Tether (USDT): The Introduction to the Concept of Stability Considered…
September 5, 2024 at 08:00 AM GST updated: September 4, 2024 at 06:09 PM 2 mins read News The cryptocurrency market is rapidly evolving, with Bitcoin, TRON, Dogecoin, Chainlink, and Avalanche leading the charge. Each of these digital assets has carved out a unique role, shaping the industry in profound ways. As they continue to…
September 5, 2024 at 04:00 AM GST updated: September 4, 2024 at 04:43 PM 2 mins read News Current price:$175.6 Market cap:$3.1B Monero (XMR) is the most popular privacy-oriented cryptocurrency. The coin was created in 2014 to provide complete privacy protection in all currency system tools. Unlike Bitcoin, Moneroâs superior encryption means a userâs transactions…
September 5, 2024 at 03:00 AM GST updated: September 4, 2024 at 04:28 PM 2 mins read News Solana (SOL) and Chainlink (LINK) have both been on a lot of downtrends as seen in the charts, prompting speculations if Polygon (MATIC) may likely follow. The trail by such major currencies points to an arch of…
Este artĂculo tambiĂ©n estĂĄ disponible en español. Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlinkâs network activity may weaken, adding to the uncertainty surrounding the asset. This decline in…
Sonic Labs has become the latest firm to join the Chainlink Scale Program to leverage its multiple cutting-edge solutions to boost adoption and growth. Sonic Labs disclosed that Chainlink has a proven track record of maintaining the maximum standard of security, which is the reason for this decision. Sonic Labs has announced a strategic partnership…
LINK price stuck between $9 and $12, mirroring broader market trends. Bollinger Bands suggest potential volatility surge and breakout opportunity. Price targets: possible rise to $15.6 or continued consolidation under $12.3. Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However,…
Suho.io and Chainlink partnered to develop tokenized assets and CBDC use cases in Asian markets, including Korea, Japan, and Thailand. The partnership will introduce Chainlinkâs CCIP to Korean financial institutions, enhancing cross-chain interoperability. Chainlinkâs Proof of Reserve will be utilized to verify prepaid settlement reserves, ensuring transparency in financial operations. Suho.io, a blockchain financial technology…
Weakening network activity and low user engagement are key factors pressuring LINKâs price towards potential declines below $10. Technical analysis highlights the risk of further downside for LINK as key support levels are tested amidst broader market weakness. Following a recent CNF update on Chainlink securing two new partnerships and integrations, questions arose about the…
September 2, 2024 at 04:18 AM GST updated: September 1, 2024 at 01:06 PM 3 mins read News The cryptocurrency landscape is advancing at a very fast pace, with remarkable projects coming up. There is no doubt that tokens like XRP, with its promising ledger and Polygonâs revolutionary scaling solution, are attracting much investor interest….
LINK faces bearish pressure despite reduced short-term holder dominance. Ichimoku Cloud analysis suggests potential extended bearish conditions. Price could consolidate between $10.79 and $12.35, with $13.77 as bullish target. Chainlink (LINK) finds itself navigating turbulent waters as uncertain market conditions continue to exert bearish pressure on its price, resulting in losses for investors. Despite glimmers…
Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Mondayâs high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. Related Reading The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for…
Radiant Capital integrated Chainlink Price Feeds on the Base mainnet to enhance security in its markets. The integration provides high-quality, tamper-proof price data for assets like ETH/USD and USDC/USD. Radiant Capital, a leading omnichain money market platform, has announced its integration of Chainlink Price Feeds on the Base mainnet. This partnership is aimed at strengthening…
đ Stay Ahead with AltcoinDaily.co! đ HashKey Exchange, a Hong Kong-based digital asset financial services firm, has added Avalanche (AVAX) and Chainlink (LINK) trading pairs to its listings for retail investors. The addition marks a milestone for retail users, given that professional investors have had the offering since April of this year. Trading went live…
August 28, 2024 at 04:17 AM GST updated: August 27, 2024 at 09:06 PM 2 mins read News Aptos shows resilience amid market fluctuations, with potential future growth linked to its technological strengths. Chainlink faces volatility, but its utility in smart contracts might stabilize its position as adoption increases. Rippleâs legal victory boosts investor confidence,…
LINKâs price faces potential drawdown as investor optimism wanes. NVT ratio at 4-year, 8-month high, suggesting overvaluation relative to network activity. Price could drop to $10.79 support, with $10.00 as worst-case scenario; $13.00 breach would invalidate bearish outlook. Chainlink (LINK) has buoyed its price in recent weeks begins to lift. This shift in investor sentiment,…
Chainlinkâs price surged by 22% in the last 30 days, driven by strong investor confidence. The increase in Coin Holding Time and MVRV ratio indicates potential for further gains. Chainlink (LINK) has witnessed a notable 22% price increase over the past 30 days, positioning itself as one of the top-performing cryptocurrencies within the top 20…
August 27, 2024 at 04:17 AM GST updated: August 26, 2024 at 07:54 PM 3 mins read News Despite the evolving cryptocurrency market, there is a growing demand for promising digital currencies. Some specific cryptocurrencies will make headlines in the coming year thanks to their distinct technologies and enhanced performance. The following article outlines ten…
August 27, 2024 at 03:17 AM GST updated: August 26, 2024 at 07:46 PM 3 mins read News Avalanche is challenging Ethereum by focusing on scalability through its unique triple-blockchain structure, balancing security, scalability, and decentralization. Chainlinkâs decentralized oracle network is essential for DeFi projects, providing secure, real-world data to blockchain-based applications. VeChain leads in…
LINK price up 22% in seven days, outperforming most top 20 cryptocurrencies. On-chain metrics and technical indicators suggest the potential for continued growth. Price targets include $13.65 and $14.96, with potential downside to $10.48. Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, registering an impressive 22% price increase over the past…
Blockchain has a massive role to play as the Internet of Things becomes one of the defining technologies of our time, and some, like IOTA, Chainlink and VeChain, are taking the lead. IOTA was developed with machine-to-machine communications in mind and is the industry leader, while Chainlinkâs interoperability is changing the game. The Internet of…
Chainlink is driving innovation in tokenized real-world assets by enhancing transparency and interoperability. Key integrations include improved ETF transparency, cross-chain transfers for real estate and financial tokens, and global asset management solutions. The rise of tokenized real-world assets (RWA) is reshaping the financial landscape, and Chainlink is at the forefront of this transformation. As the…
Chainlink (LINK) aims to recover losses from late July. Whales add 3.4 million LINK in two days, signaling renewed confidence. RSI approaches overbought zone, potentially risking the current rally. Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, staging an impressive recovery that aims to recoup losses incurred in late July. This…
Tech giant Sony Group has entered the Ethereum L2 scene through Soneium. With testnet set to launch soon, Soneium is designed to drive creativity in a bid to take Web3 mainstream. Soneium, a new Layer 2 blockchain unveiled by Sony Group and Startale, has chosen Chainlink as its premier launch partner. With this partnership, Chainlink…
Chainlink has seen a surge in accumulation and profit-taking activity over the past 12 hours. Data shows that 63.06% of LINK holders are âout of the money,â while 34% are holding their tokens at a profit. Chainlink (LINK) has experienced a significant surge in accumulation over the past 12 hours, leading to increased activity among…
August 21, 2024 at 03:40 PM GST updated: August 21, 2024 at 03:06 PM 2 mins read News CCIP has launched Mainnet Early Access on Avalanche, Ethereum, Optimism, and Polygon. Key features include programmable and simplified token transfers with active risk management. CCIPâs potential for mass adoption is underscored by its integration with leading DeFi…
Singaporeâs largest bank, DBS, has partnered with Ant International to develop a blockchain-powered treasury and liquidity management solution. With DBS Treasury Tokens, Ant International will cut down the settlement time for intragroup transactions from days to seconds while slashing costs. Singaporeâs DBS Bank has announced a new partnership with Ant International, where the latter will…