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…
LINK
LINK Price Eyes Recovery If It’s Able to Hold One Crucial Level
Chainlink’s LINK price retested the $12.00 support zone. The price is now eyeing a recovery wave above the $13.50 and $15.00 resistance levels. Chainlink price is showing bearish signs below the $15.00 resistance against the US dollar. The price is trading below the $14.20 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $13.50 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could…
1 year ago
The Rise of Polkadot (DOT) Signals Possible Gains for Chainlink (LINK) and Koala Coin (KLC) Investors
Seventy percent of early-stage cryptocurrency investments surge in value, marking the current presale of Koala Coin (KLC) at stage one for just $0.014 as a not-to-miss opportunity. As Polkadot (DOT) climbs, the unique charm of Koala Coin (KLC) could spell significant gains, fanning the flames of FOMO among savvy investors. Unveiling the Unique Appeal of Koala Coin (KLC) Koala Coin (KLC) distinguishes itself with its secure and transparent blockchain technology. This mix of cutting-edge security and engaging meme magic makes…
1 year ago
Chainlink Price Predictions: Is LINK Ready to ‘Moon’ During This Bull Cycle?
TL;DR LINK’s price has recently dropped to around $15 but is expected to rally according to multiple analysts. Factors like negative exchange netflow suggest reduced selling pressure, indicating potential for significant value growth in the short term. The Latest LINK Forecasts Chainlink’s native cryptocurrency – LINK – was among the market’s top performers earlier this year. However, it has stalled its progress lately, with the price currently trading at around $15 (a 26% decline on a monthly scale). According to…
1 year ago
LINK Prices Lifted Following Chainlink Transporter Launch
On April 11, Chainlink announced Transporter, which it described as “the next evolution in cross-chain bridging.” The app is powered by Chainlink’s Cross Chain Interoperability Protocol (CCIP), which allows smart contracts to securely access data from external systems and enable trustless data connectivity between blockchains. “Having a secure way to move both value and data across chains is something the blockchain industry has needed for years,” commented Chainlink co-founder Sergey Nazarov. We are excited to introduce @transporter_io, the next evolution…
1 year ago
Bank for International Settlements is Testing Tokenized Bank Deposits – Will They Partner with Industry Behemoth Chainlink (LINK)?
The Bank for International Settlement is expanding tokenization agenda with Project Agora. The project enjoins participation from major central banks and private companies including potential Chainlink integration. The Bank for International Settlements (BIS) also known as the Central Bank for Central Banks, is now performing trials on how tokenized bank deposits can be integrated into financial systems with “Project Agora.” BIS Strategic Approach With “Project Agora” As revealed in a report, with “Project Agora”, BIS seeks to tokenize money and…
1 year ago
Investors Withdraw From Chainlink (LINK) & Arbitrum (ARB) As DTX Exchange (DTX) presale rallies
The post Investors Withdraw From Chainlink (LINK) & Arbitrum (ARB) As DTX Exchange (DTX) presale rallies appeared first on Coinpedia Fintech News Amidst the market recovery and the vigorous growth of Chainlink’s ecosystem coupled with Arbitrum’s promising developments, the crypto market is abuzz with the potential for a continued bull run. Chainlink is known for its critical role in connecting smart contracts with real-world data. In comparison, Arbitrum is famous for its improved speed, scalability, and cost-efficiency on Ethereum. These…
1 year ago
Chainlink (LINK) & Stellar (XLM) Communities Buzz About Kelexo (KLXO) $0.05 Presale Stage 2 Offering Potentially Lucrative Easter Rewards
The Easter break has given pause to what has been a sensational run for the crypto industry in the first quarter of 2024, foreshadowing what could be an epic April. The Bitcoin (BTC) halving is just around the corner everyone in crypto is looking to put themselves in the best position just before the next bull run starts. And as in previous bull cycles, the largest profits will be found in low-cap gems with unique value propositions that haven’t mooned…
1 year ago
Global interest surges for Raffle Coin (RAFF) including from Polygon (MATIC) and Chainlink (LINK) backers
The post Global interest surges for Raffle Coin (RAFF) including from Polygon (MATIC) and Chainlink (LINK) backers appeared first on Coinpedia Fintech News The excitement surrounding the Raffle Coin (RAFF) presale is evidently felt not only among investors eager to make a ‘draw’ in their portfolio but also among big blockchain communities, including Polygon (MATIC) and Chainlink (LINK). With the level of interest continuing to increase, it is very evident that the outstanding Raffle Coin (RAFF) approach is making its…
1 year ago
Chainlink’s CCIP: Transforming Token Bridges and Propelling LINK Towards a Bullish Future
Metis integrates Chainlink CCIP for faster and more secure cross-chain transactions, reducing transfer times from Ethereum mainnet to minutes. Chainlink CCIP ensures a standardized interface for interoperability, simplifying the process for developers and enhancing user experience across blockchain networks Chainlink CCIP has been officially integrated into Metis, an emerging blockchain ecosystem this is according to a recent blog published on the Chainlink’s blog. This strategic decision marks a significant milestone for Metis as it seeks to enhance interoperability and foster…
1 year ago