Chainlink

Chainlink’s LINK price is gaining bullish momentum above $16.50. The price could continue to move up if it clears the $17.50 resistance zone. Chainlink price is showing bullish signs and eyeing more gains above $17.00 against the US dollar. The price is trading above the $16.50 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance near $16.50 on the hourly chart of the LINK/USD pair (data source from Kraken). The…

The crypto world is buzzing with excitement as a crucial Bitcoin metric flashes a big “buy” signal, sending traders and HODLers alike into a frenzy. But while everyone’s got their eyes glued to the BTC charts, a new player in the altcoin arena is quietly making moves that could shake the blockchain world to its core. Enter Borroe Finance ($ROE), the AI-powered CrossFi platform looking to flip Chainlink. The Bitcoin Bull Bellows According to some analysts on Crypto Twitter, Bitcoin’s…

Chainlink Labs has expanded its partnership with Arta TechFin to include the issuance of stablecoins and real estate tokens as the race to dominate the $16 trillion tokenization market continues. The two will release a market standard for originating, distributing and custodying tokenized assets across different blockchains in Hong Kong and beyond. Tokenization is emerging as the prime market for blockchain interruption, and several blockchain networks are racing to dominate the market, which studies claim will be worth $16 trillion…

Crypto analyst CrediBULL Crypto recently warned that Chainlink (LINK) could experience a 50% to 60% drop in its price. However, based on his explanation, LINK holders may not have cause to worry as such a price drop is part of the crypto token’s growth. Why Chainlink Will Experience A Price Drop CrediBULL Crypto explained in an X (formerly Twitter) post that a “50-60% drawdown is normal, natural, and healthy” given that Chainlink has experienced ten months of up only and…

Chainlink is outperforming the general market with whales pushing prices up 35%. Macroeconomic trends might be weighing deep on Chainlink accumulation and pricing. Over the weekend, Chainlink (LINK) saw its price increase by approximately 35% to trade at $16.7. This increase represents a huge achievement for Chainlink and has left investors wondering whether recent whale activities are driving the surge. Whale Scoop Large Portions of LINK According to on-chain data, large investors, often referred to as crypto whales have been…

The post Chainlink Continues its Bullish Streak: LINK Price May Go Higher than 20% This Week! appeared first on Coinpedia Fintech News The token is displaying extreme strength as the bulls seem to have capitulated the rally following a bullish rebound that occurred in the last week. The volume has been consistent, which indicates the growing interest of the traders in the platform. Now that the price has surpassed one of the key resistance levels, a bullish continuation is expected,…

Chainlink (LINK) has enjoyed a sharp surge of more than 21% over the past 24 hours. Here’s what data suggests could be behind this rally. Chainlink Has Surprised Crypto Market With Breakout In The Past Day While most cryptocurrency sectors have seen flat or small green returns over the last 24 hours, Chainlink has shown a decoupling as it has observed some sharp bullish momentum in this window. Here is a chart that displays how LINK’s recent performance has looked…

DTCC has announced a new pilot that leverages Chainlink’s technology with ten of the financial industry’s leading players, including JPMorgan and BNY Mellon. Dubbed Smart NAV, it delivers price and rate data on any decentralized ledger, expanding on DTCC’s existing mutual fund service, which serves hundreds of leading financial firms. America’s premier post-trade services company has announced a new pilot that leverages Chainlink technology to offer real-time financial data to hundreds of market participants. The Depository Trust and Clearing Corporation…

Within the crypto market, Rollblock (RBLK), Cardano (ADA) and Chainlink (LINK) have emerged as top altcoins to watch. However, one of them stands out – Rollblock. This Stage 2 presale sensation has already provided early buyers a 20% ROI. Moreover, market analysts have pegged this rookie as the next $0.5 altcoin in 2024. Keep reading to see why. Rollblock (RBLK): A Future Member of the Top 10 Altcoins Rollblock (RBLK) has been making headlines in the crypto market with its…