LINK

Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).  Analysts had warned that short-term BTC holders could be tested if BTC slips below $61,000. BTC has been trading in a narrow price range, with its low levels of…

Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs. The extended consolidation phase has kept traders on edge, as they await a significant breakout. Renowned crypto analyst Lucky has shared an insightful prediction regarding Chainlink’s potential trajectory. According to Lucky, the key lies in LINK breaking above its…

Before diving into Cardano, it's worth exploring alternatives that promise quicker returns. Two standout options, Cybro and Chainlink, are capturing attention with their rapid growth potential. With a staggering 2500% increase on the horizon, these coins may offer better investment opportunities. Discover the reasons behind their expected surge and why they might be a wiser choice. CYBRO Presale Climbs Past $2.8 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale…

The cryptocurrency landscape is constantly changing, and the Solana network is gaining attention. In the midst of this dynamic environment, three promising digital assets are poised to make significant strides. These coins could potentially outshine well-known competitors like Chainlink and Render. The article delves into their potential for growth and what makes them stand out in the market. Chainlink (LINK) Chainlink is currently trading between just under $10 and $11, showing that while bulls are struggling to break through resistance…

The post South Korean Customs Link Rising Drug Smuggling to Crypto and Telegram appeared first on Coinpedia Fintech News South Korean Customs officials say that drug smuggling has increased due to the use of cryptocurrency. In 2023, authorities seized 769 kilograms of drugs, up from 624 kilograms in 2022—an 18% rise. The South Korean Customs Service attributes this spike to the growing popularity of non-face-to-face transactions facilitated by digital currencies like Bitcoin and altcoins. As reported by News Gyeongnam, the…

The post Crypto News Today : Chainlink Set to Explode, What’s Driving LINK Price Up? appeared first on Coinpedia Fintech News Chainlink (LINK) price closed last week in a dragonfly Doji candlestick after rebounding from the crucial support/resistance level above $9.3. The mid-cap altcoin, with a fully diluted valuation of $10.3 billion and a daily average traded volume of around $170 million, has been attempting to regain bullish sentiment in the past few weeks.  In the daily time frame, LINK…

Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in activity, coupled with broader market volatility, has heightened fears of further losses.  If the current bearish sentiment persists, LINK will likely test the next significant demand level around the lower $9 mark.…

Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is cooling off. This adds to the uncertainty surrounding the asset’s near-term price action. The next few days will be pivotal as Chainlink hovers around this…

Chainlink (LINK) has surged over 10% in the past few hours, pushing its price to $11.39 at the time of writing. This significant gain comes after two weeks of sideways consolidation, signaling a potential shift in momentum.  As LINK rallies, data from Santiment, a leading crypto data intelligence platform, reveals that some daily traders are already taking profits, capitalizing on the recent price increase. This profit-taking activity highlights investors’ cautious optimism as LINK’s price gains momentum and reaches technical resistance…