Chainlink

The post Chainlink Breaks Out of Consolidation: Will the LINK Price Make It to $20 Following the Smart NAV Pilot Program? appeared first on Coinpedia Fintech News Bullish sentiments have flown within the crypto space as the star crypto, Bitcoin, has displayed some strength. Altcoins have also remained elevated since the previous trading day, with memecoins leading the race and now popular tokens receiving some attention. After remaining in extreme bearish consolidation, Chainlink’s (LINK) price has triggered a bullish breakout,…

The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink and several prominent banking institutions in the United States to conduct a successful pilot aimed at accelerating the tokenization of funds.  The collaboration has not only paved the way for the adoption of blockchain technology in the traditional asset management sector but has also had a significant impact on the price of Chainlink’s native cryptocurrency, LINK, which has surged past the $14 threshold. Major Asset Managers Join…

Flash Liquidity integrates Chainlink Data Streams and Automation on Arbitrum mainnet to enhance self-balancing pools, offering sub-second price resolution and decentralized on-chain execution. Leveraging Chainlink’s proven infrastructure, Flash Liquidity enhances liquidity provider advantages with continuously monitored asset value ratios. Flash Liquidity, the DEX aggregator that introduced self-balancing pools, recently announced the integration of Chainlink Data Streams and Chainlink Automation on Arbitrum mainnet. The DEX aggregator noted that it seeks to leverage DeFi’s industry-standard pull-based low-latency oracle solution, in order to…

Chainlink has been leading real-world asset crypto projects in the past 30 days, dominating with 2.49 times more activity than second-placed projects. These developments offer Chainlink’s future as bullish, coupled with analyst predictions, despite a 5% drop in the past 7 days. Chainlink (LINK) is emerging as a leader among real-world asset crypto projects. According to a Santiment analysis, Chainlink is dominating with 2.49 times more daily activity in development activity recorded in the past 30 days. Chainlink is emerging…

Chainlink (LINK) saw a 20% surge due to Bitcoin’s halving hype but cooled off afterward as investors took profits. A $50 million LINK transaction on May 2nd raised questions about whale motives. LINK is currently at $13.65, down 6.58% in a week. Filecoin (FIL) showed strong Q1 2024 performance with a 9% surge in active on-chain deals and a rise in usage to 23%. Total Value Locked (TVL) exceeded $600 million, marking a 2X increase. FIL rebounded from $5.20 support,…

Index Coop announces the integration of Chainlink CCIP to facilitate cross-chain transfers for the DPI and MVI index tokens.  The decision to choose Chainlink CCIP stems from its proven track record and the provision of an extra layer of security.  Decentralized Autonomous Organization (DAO) and the leading provider of on-chain products, Index Coop, has made a significant decision to integrate Chainlink (LINK) CCIP on its Ethereum and Arbitrum mainnet. According to the announcement, the decision is meant to ensure the…

The post Chainlink (LINK) Rejects $14.65 Resistance Traders On High Alert appeared first on Coinpedia Fintech News Chainlink(LINK) on Wednesday started red, with a price down to 4.26% LINK has formed a downward trajectory. Breaking one strong support at $14.2 and a crucial support at $14.17 downtrend continues to settle at $13.8, Currently.  Bulls are on alert as the price navigates to seek support between $12- $13.  The LINK/USDT 4-hour chart gives a bounceback outlook with strong strong support. The…

On May 7, the crypto oracle solutions provider announced that RD Technologies was integrating Chainlink CCIP and Proof of Reserve to power its Hong Kong dollar stablecoin. Chainlink’s Cross-Chain Interoperability Protocol will be integrated to enable secure and reliable cross-chain transfers of HKDR and easier access to the new stablecoin. Additionally, the firm is also adopting Chainlink’s Proof of Reserve (PoR) to help provide reliable on-chain verification of HKDR’s reserve backing, according to the announcement. Chainlink Delving Deeper Into RWA…

The post Chainlink (LINK) Is The Best Bet Altcoin Right Now! Here’s Why appeared first on Coinpedia Fintech News After being trapped in a market correction in the past few weeks, Chainlink (LINK) price has established a solid support range between $12 and $13. The mid-cap altcoin, with a fully diluted valuation of about $15 billion, has rebounded more than 6 percent in the past two weeks to trade around $14.8 on Monday during the early New York session.  However,…