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 Price Prediction 2024 – 2025: Will LINK Prices Reach To $100 By 2025?
The post Chainlink Price Prediction 2024 – 2025: Will LINK Prices Reach To $100 By 2025? appeared first on Coinpedia Fintech News As the volatile market witnesses a boost in the recent correction phase, the altcoins are crashing under crucial levels. Amidst this situation, the LINK price trend shows a correction phase that is quickly approaching solid support. Further, the sentiments are turning bearish with the Bitcoin crashing to the $57,000 level. This could ignite a broader market fall and…
11 months ago
Bear Market Bites: Chainlink Loses 10%, Further Downturn To $6.80 Feared
The cryptocurrency market continues its summer swoon, with major coins like Bitcoin tumbling to four-month lows. Chainlink (LINK), a key player in the decentralized oracle network space, has been especially hard-hit, dropping 25% since the beginning of June. But is this a buying opportunity, or the precipice of a steeper decline? This Chart Pattern Looms Large Technical analysts are scrutinizing Chainlink’s chart, with a particular focus on the dreaded “Head and Shoulders” pattern. This formation, characterized by a central peak…
11 months ago
Chainlink CCIP Integration Enables DRIFT Labs to Expand Token Accessibility
DRIFT Labs has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable secure and seamless cross-chain transfers across the BNB Chain, Ethereum, and Polygon networks. This integration highlights Chainlink’s robust security and reliability features. Drift, a leading Web 3 gaming studio, has recently announced the integration of the decentralized blockchain oracle network Chainlink’s Cross-Chain Interoperability Protocol (CCIP). .@TheDriftToken has integrated #Chainlink CCIP across @BNBCHAIN, @ethereum, and @0xPolygon. How the industry-standard unlocks secure cross-chain transfers of DRIFT ↓https://t.co/H4gTOIAkyQ — Chainlink (@chainlink) July…
11 months ago
Chainlink Powers ChainSwap’s Secure Cross-Chain Swaps with CCIP Integration
Chainswap has successfully integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable secure and seamless cross-chain swaps. This collaboration has resulted in over $10 million in transaction volume and nearly 2,000 unique wallet users in just four months. Chainswap recently upgraded its capabilities in a new development by successfully integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). .@chainswaperc has integrated #Chainlink CCIP Programmable Token Transfers to power cross-chain swaps on @arbitrum, @avax, @base, @ethereum, @optimism, and @0xPolygon. CCIP will also enable cross-chain swaps…
12 months ago
Chainlink (LINK) To Hit New Highs? Analysts Predict $25 Target
Chainlink (LINK) , the oracle network powering the decentralized world, has been stirring up excitement after a recent surge past a critical resistance level. Analysts are now predicting a potential price explosion, with some even charting a course for the moon. However, lurking beneath the bullish sentiment are shadowy movements by large investors, injecting a dose of uncertainty into the mix. Chainlink Escapes The Triangle, Eyes Set On The Sky After a period of decline, LINK has shown signs of…
12 months ago
Chainlink Boosts Farmsent’s Trade Finance Platform with Tokenized Asset Support
UAE-based Farmsent integrates Chainlink’s blockchain technology. Chainlink’s CCIP ensures secure cross-chain communication, while Proof of Reserve verifies real-time backing of tokenized assets. In a recent tweet, UAE-based Farmsent announced its adoption of Chainlink’s tokenized infrastructure. As one of the pioneering trade-finance platforms to leverage blockchain technology, Farmsent is integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve services. This partnership aims to enhance traceability, secure cross-border payments, and bolster decentralized finance through improved transparency for tokenized real-world assets (RWAs).…
12 months ago
Chainlink Signals Upside Break: Analyzing LINK’s Bullish Indicators
Chainlink’s LINK price is recovering from the $12.65 support. The price is gaining bullish momentum and might aim for a move above the $14.20 resistance. Chainlink price is showing bullish signs and eyeing more gains above $14.00 against the US dollar. The price is trading above the $13.50 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance near $13.60 on the hourly chart of the LINK/USD pair (data source from…
12 months ago
Chainlink CCIP Powers Ledgity Yield’s Cross-Chain LDY Transfers
Ledgity Yield, a stablecoin yield protocol underpinned by real-world assets, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across Ethereum, Base, and Arbitrum. The CCIP integration will offer cross-chain transfers of the native LDY token, allowing users to stake the token easily from various chains. Stablecoin yield protocol Ledgity Yield has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer cross-chain transfers of its native token, LDY. Announcing the integration, Ledgity described its protocol as “now more accessible than ever,” and added…
12 months ago
Can Chainlink Bounce Back? Analysts Predict 150% Rally
Michael van de Poppe predicts a potential 150% rally for LINK. ZenGate’s integration of Chainlink enhances blockchain-based trade finance. For Chainlink (LINK), the cryptocurrency market has been quite difficult this month; today, its value fell by more than 4%. With a market cap of $8.13 billion, LINK is one of the top 15 cryptocurrencies, but its price has not been able to surpass its peak of $52.88 yet. According to CoinMarketCap data as of writing, LINK’s price is about $13.82,…
12 months ago