LINK

The price of Chainlink has mostly struggled in the past few weeks, mirroring the stagnant condition of the general market. Interestingly, investors seem motivated to keep faith in the altcoin rather than be discouraged by the sluggish price action observed in recent weeks. According to the latest on-chain revelation, investors appear to be shifting to a long-term holding strategy, with a focus on the future promise of the Chainlink token. This leaves the question — could the LINK price be…

The decentralized oracle network ChainLink and its native token, LINK, have staged a price recovery amid the broader cryptocurrency market’s bounce from a recent significant correction.  Despite experiencing a 16% price retracement over the past month, LINK has regained its stronghold, rising 5% to $13 in the past 24 hours after hitting a six-month low of $11 on Friday. Still, cautionary signals have emerged that caught the attention of crypto expert Ali Martinez.  Bearish Signals For ChainLink  In a recent…

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…

The German government has begun moving a large sum of Bitcoin days following a similar move made by the European Nation, which helped lead to BTC price drops. Moreover, the United States has also begun moving the cryptocurrency. In total, 1,500 BTC was worth $94.94 million, and many of these tokens were spread across accounts on major crypto exchanges, based on data from Arkham Intelligence. The key cryptocurrencies which are being accumulated the most now include TRON (TRX), Chainlink (LINK)…

Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday. Many were buoyed by Bitcoin’s recent price movements and expected the recent price rise to signal the end of the asset’s recent correction, with the price set to reach new highs. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the current session firmly in the red after ending Tuesday just above the $62,000 mark, as sellers made a strong…

The short-term trends for the cryptocurrency markets look shaky, although the potential for relief remains. Bitcoin (BTC) is struggling to move past the $62,200 and $62,400 levels. Bitcoin had started the week with a drop of 4.48%, facing intense selling pressure as bears pushed it to a low of $58,474 before buyers could push the price back above $60,000. Bitcoin Spikes On Back On Trump-Biden Debate Bitcoin has spiked by over 1%, buoyed by Republican presidential candidate Donald Trump widening…

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…

The Polkadot community is actively considering a bridge to link with Cardano. The initial community reaction to the Cardano-Polkadot bridge proposal has been supportive. Members of the Polkadot community are fervently debating whether a bridge connecting the Polkadot network to Cardano is feasible. This conversation is part of a larger attempt to improve the interoperability of the crypto industry. Significant progress is being made toward creating a Cardano-Polkadot light client and NFT swap bridge, claims Felix, an agent from the…

A quant has pointed out how the trends in the BitMEX exchange reserve have affected the Ethereum price during the past few years. BitMEX Ethereum Whales Have Shown Smart Money Behavior In Recent Years In a CryptoQuant Quicktake post, an analyst discussed a pattern in the ETH exchange reserve of the BitMEX platform. The “exchange reserve” here refers to an on-chain metric that keeps track of the total amount of Ethereum that’s sitting in the wallets of any given centralized…