Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Chainlink
Chainlink: Market Panic Shaves 23% Off LINK Price – Details
Chainlink suffers losses as the token continues to follow the broader market wave of bearish pressure. According to Coingecko, the token is down 23% in the past 24 hours, representing a significant wipe in value after the price stabilized in the $13 to $14 price range. The crypto market continues to be influenced by outside forces in the short to medium term, with the anxieties of private equity bleeding into the crypto market turning the correction into an absolute bloodbath. …
10 months ago
Chainlink At Risk: Key Indicators Signal Further Losses To $12
Chainlink (LINK), one of the major players in the decentralized finance space, is currently facing increased bearish pressure in the market. As LINK’s bearish momentum continues to build, key technical indicators are signaling the potential for further loss toward the critical support level at $12 for the cryptocurrency. With this current price movement, Chainlink could continue to decline, testing lower support levels in the near future, unless there is a significant reversal in market sentiment. This article provides an in-depth…
10 months ago
After BTC ETF, 21Shares Now Integrates Chainlink for Its ETH ETF!
The post After BTC ETF, 21Shares Now Integrates Chainlink for Its ETH ETF! appeared first on Coinpedia Fintech News One of the world’s largest issuers of crypto exchange traded funds (ETPs), 21Shares, has integrated Chainlink’s Proof of Reserve (PoR) on Ethereum to make their Core Ethereum ETF (CETH) transparent. This step will enhance investors’ trust in the firm. 21Shares integrating Chainlink In a press release, 21Shares US LLC, shared the information about this integration. They have integrated the Industry standard…
10 months ago
Analyst Says Chainlink Price Could Climb To $19 — Here’s How
In recent months, the Chainlink price hasn’t quite been able to replicate the bullish strength it showed at the start of the year. And the past week was a prime example of the coin’s recent struggles, as the bulls failed to completely stamp control over the last seven-day period. However, it appears that the LINK price inconsistencies might be coming to an end soon, as a popular crypto analyst has identified a bullish pattern on the token’s price chart. How…
11 months ago
Chainlink (LINK) Forms Signal That Last Led To 123% Rally
On-chain data shows Chainlink has just seen a level of decline in its exchange reserve that last led to a massive rally for the cryptocurrency. Chainlink Exchange Supply Has Dropped By 1.6% In The Past Month According to data from the on-chain analytics firm Santiment, Chainlink has observed significant outflows from exchanges recently. The indicator of interest here is “Supply on Exchanges,” which, as its name suggests, keeps track of the percentage of the total circulating LINK supply that’s currently…
11 months ago
Chainlink Inches Closer To $18 Despite Bearish Pressure – Analyst
One very promising crypto asset that is performing very well today in the crypto market is Chainlink (LINK). Many experts have noticed LINK’s price path as current market circumstances offer a combination of volatility and stability. Under a background of restrained market movement, Chainlink’s technical patterns suggest a bright future. Technical Analysis Shows Promise According to new technical examinations, Chainlink is currently trading at $14.10, but a rise may be around the corner. It has been going down since it…
11 months ago
Pro-Crypto Trump Assassination Attempts Rallies Defiant Investors As CLANDENO (CLD) Predicted to 100X Amid Chainlink & Litecoin Surges
TL; DR Litecoin (LTC) gains 9% as the network processes $2.85 billion in large transactions. Chainlink (LINK) is projected to rally to $50 despite its slow recovery. Investors pile into 100X predicted opportunity Clandeno’s (CLD) live ICO. Market sentiment is improving within the crypto sector as analysts predict Litecoin (LTC) could break through the $200 barrier while Chainlink (LINK) is tipped to reach $50. The current rebound is fueled by strong fundamentals and changing market sentiment. Meanwhile, Clandeno (CLD) has…
11 months ago
Trump To Announce His VP Elect: MAGA VP ($MVP) Positioned to Rise with Chainlink Surge
The post Trump To Announce His VP Elect: MAGA VP ($MVP) Positioned to Rise with Chainlink Surge appeared first on Coinpedia Fintech News In a major development, former President Donald Trump is about to name his Vice President-elect. This announcement has created a stir in both the political and crypto spheres. As the MAGA movement gains strength, the MAGA VP ($MVP) token is emerging as a pivotal player in this significant moment. The MAGA VP ($MVP) Token: A Political Crypto…
11 months ago
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ChainlinkMajor Accumulation: Chainlink Key Stakeholders Boost Holdings
Chainlink stakeholders with 10K-1M coins have added 9.2M LINK, a 4.65% increase since June 24th. Starknet and Instruxi integrate Chainlink to enhance scalable DeFi applications and tokenization growth. Santiment recently tweeted about the current developments in the Chainlink (LINK) coin. According to their data, important stakeholders who own between 10,000 and 1 million coins have significantly accumulated LINK during these market downturns. Chainlink's key stakeholders with 10K-1M coins have been showing major accumulation during these suppressed markets. Since June 24th,…
11 months ago