Chainlink

TL;DR Chainlink’s LINK is poised for a rebound from its current $14 price, indicated by a positive TD Sequential buy signal. Prominent analysts forecast significant returns for the asset, supported by favorable on-chain metrics suggesting a bullish move. LINK Price Predictions Chainlink’s native cryptocurrency – LINK – is yet another digital asset that suffered the negative consequences of the latest market correction. Its price is down nearly 8% in a week, currently hovering at the $14 mark. According to some…

As financial asset infrastructures strive to go digital, Chainlink will play a key role by facilitating real-world data. Unlocking the value of tokenized assets could spur mass adoption for Chainlink and help drive value to the blockchain and its native token, LINK. Chainlink researchers have taken a keen interest in tokenizations, revealing the massive opportunities that lie in the growing trend. In an industry report titled “Beyond Token Issuance,” the researchers observe a “sizable” opportunity with Chainlink poised to seize…

BENQI has introduced liquid staking on Avalanche, streamlining the staking process by connecting users with efficient validators on the network. Leveraging Chainlink’s Proof of Reserve (PoR) and Chainlink Automation, BENQI enhances security measures to protect user funds by swiftly responding to anomalies and discrepancies in asset reserves. In recent developments, BENQI has introduced liquid staking on Avalanche, presenting a solution to the complexities associated with maintaining staking infrastructure. By enabling users to connect with efficient validators on the Avalanche network,…

A pioneer decentralized insurance platform has integrated Chainlink to ensure secure, reliable, and seamless data exchange. Chainlink’s CCIP has emerged as an industry standard for cross-chain solutions, offering numerous benefits for projects. Chainlink has partnered with Etherisc to offer the platform a seamless cross-chain integration through Chainlink’s CCIP tool. This is a landmark collaboration for Chainlink, helping support the pioneer decentralized insurance platform to offer reliable, tamper-proof insurance data on-chain. Established in 2016, Etherisc, revealed that Chainlink has been a…

This prolonged downturn bedeviling the crypto-verse is affecting even the biggest cryptocurrencies. Ethereum's price has fallen below $3,000, causing investors around the world to look for new investment opportunities. The Fezoo’s Exchange presale is attracting attention, especially from holders of Polkadot and Chainlink. The project has the potential for interesting returns, as well as offering a high-quality, fully-featured platform for traders of all levels. Polkadot down more than 22% in a week, but showing first signs of recovery After a…

In a recent analysis, crypto veterans predicted that Borroe Finance ($ROE) might take the lead in the DeFi sector, outpacing top DeFi projects like Avalanche (AVAX) and Chainlink (LINK). This forecast comes as Borroe Finance ($ROE) demonstrates its innovative approach to Web3 funding, introducing the world’s first discounting NFT marketplace. Why do experts believe Borroe Finance ($ROE) can outperform these top altcoins? Let’s find out. Borroe Finance Pulls In Investors From Other DeFi Ecosystems Borroe Finance ($ROE) continues to gain…

Vertex, a top decentralized exchange, integrated Chainlink Data Streams for faster, more secure trading. Chainlink Data Streams enhance Vertex’s ability to provide real-time price data, which is crucial for efficient trading. Vertex, a leading decentralized exchange (DEX) operating on the Arbitrum network, has recently announced the integration of Chainlink Data Streams onto its mainnet. This move marks a significant step forward for Vertex in optimizing operations and enhancing user experience within its trading platform. .@vertex_protocol has integrated #Chainlink Data Streams…

On-chain data shows that a Chainlink indicator is currently forming a pattern that has led to an average 50% increase for LINK in the past. Chainlink 30-Day MVRV Ratio Has Plunged In a new post on X, analyst Ali discussed the latest trend in Chainlink’s 30-day MVRV ratio. The “Market Value to Realized Value (MVRV) ratio” is a popular on-chain indicator that tracks the ratio between LINK’s market cap and realized cap. The market cap naturally refers to the total…

Stader Labs has joined the growing list of crypto infrastructure providing integrating Chainlink’s CCIP. Despite the promising ecosystem updates, LINK is trading at a loss at the moment. Stader Labs, a non-custodial, smart contract-driven staking platform with over $600 million Total Value Locked (TVL) has announced the integration of Chainlink (LINK) Cross-Chain Interoperability Protocol (CCIP).  According to Chainlink, Stader will integrate its CCIP across Ethereum (ETH) and Arbitrium (ARB) to improve its Cross-Chain Liquid staking experience for its users.  Stader…