The challenge of getting a reliable source of data has been a perennial problem in the journalism business. Ever since the first information broadcast media was born, the world has had to rely on the integrity of those who provide the data. But that could change now that Chainlink is harnessing the power of decentralization,...Read More
InputOutput (IOKH), the technology company behind the Cardano open-source blockchain project, announced in the ongoing Cardano Summit 2021 that it has partnered with decentralized blockchain oracle network Chainlink. Tremendous Respect for Cardano As per the announcement, the partnership will see Cardano integrate Chainlink’s oracles to support developers as they prepare to start building smart contracts...Read More
Synthetix’s latest governance proposal has passed successfully, with the same approving the creation of sTSLA – a synthetic asset that will provide on-chain exposure to Tesla’s shares. The proposal to introduce sTSLA, or SIP110, was put into motion on 10 February, with the proposal passed successfully after a unanimous vote by Synthetix’s The Spartan Council....Read More
The collective crypto narrative is bullish at the moment. Ethereum registered a new all-time high above $1600 over the past 24-hours, and Bitcoin surged above $38,000 again. While Chainlink attested a high of $26 as well, it registered a floor price of $22.74 within the next 24-hours. While present valuation was solid at the moment,...Read More
Chainlink has been the center of attention lately, with the protocol in the news following a host of recent integrations and collaborations. It is in the news again after an official announcement revealed that Chainlink has officially joined UNESCO’s Global Education Coalition. According to the said announcement, the aim of this partnership is to “increase...Read More
Chainlink was one of the market’s star performers as 2020 came to a close. In fact, it would seem that its bullish momentum on the price charts has continued into 2021 as well, with LINK rising on the charts by over 18 percent in the last 7 days alone. With a trading price of over...Read More
This week was very intensive in the cryptocurrency market. It’s perhaps safe to say that it was among the most tumultuous ones we’ve had in the last few months. Everything started calmly, and during the weekend, the price hit an all-time high value of $42,000. The excitement was short-lived, as immediately after that, bitcoin went...Read More
Decentralized exchange Mettalex has integrated Chainlink price feeds into its platform, according to an announcement earlier today. Chainlink’s integration will enable decentralized price oracles for a variety of new assets including cryptocurrencies, crypto indices, real-world indices, fiat currencies, and the world’s most popular commodities. Mettalex will also be able to utilize Chainlink’s price feeds on...Read More
At present, Bitcoin seems to be struggling to gain bullish momentum above the $27,300 barrier. This bullish sentiment extended to many other large-cap cryptocurrencies. At present, Chainlink (LINK) Price is poised to move higher as technical support bullish price targets. The weekly chart of Chainlink is showing a sideways trend, which is followed by modest...Read More
As Bitcoin’s price rallied above $24000 and hit a new ATH, it garnered most of the institutional and retail attention this week and over the past weekend as well. With all focus on Bitcoin, investment flow into altcoins dried up. With dropping demand, altcoin trader profits bled based on data on top 10 altcoins based...Read More
Link’s 679% YTD return overshadows both Atom and BAT’s meager returns of 28% and 20% respectively. This is despite Link’s surge to $20 per coin and then a massive collapse to $7.2. Chainlink [LINK] Source: LINKUSD TradingView Chainlink seems to be surging alongside bitcoin at the moment. The coin has seen a 13% hike in...Read More
Since its local bottom at the end of September, Chainlink has done well to recover alongside the collective market. Its growth hasn’t been explosive but it has managed to attain momentum above key resistance from the past. A recent pullback was witnessed at the end of November, but the asset seems prime to retake another...Read More
According to a recent announcement, a smart contract development platform for Tezos, Smart Chain Arena (SmartPy.io), is the newest recipient of a blockchain integration grant from Chainlink. The grant will enable Chainlink price feeds to be integrated on Tezos, something that will help the blockchain platform build next-generation DeFi products. The Chainlink Community Grant Program provides...Read More
Elysia, a tokenized real estate ownership protocol, has announced an upcoming integration with oracle solution Chainlink to price properties and calculate token distributions. Elysia’s decentralized real estate marketplace allows users to buy tokens representing property ownership and distributes rewards to token holders when the underlying properties generate income. The Elysia app will leverage Chainlink Price Feeds to...Read More
Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology. Bitrue Implements Chainlink VRF Chainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a...Read More
Chainlink’s recent surge price may be due to its correlation [90-day] with bitcoin, which stands at 0.6, however, there is more to it. The smaller bits that may have caused this price surge could be its fundamentals which are getting stronger. Chainlink’s oracles are gaining popularity as they were recently integrated by Matic and Base...Read More
Chainlink has successfully been deployed on the Matic Network, as confirmed by an announcement today. Matic is now the second blockchain after Ethereum to integrate Chainlink Price Feed Oracles. Five price feeds have already been launched on the mainnet: MATIC/USD, USDC/USD, ETH/USD, USDT/USD, and DAI/USD. As it stands, more price feeds are expected to follow soon...Read More
As Bitcoin hits newer levels and breaks past resistances, it is trading at $16300. Meanwhile, Bitcoin reserves have dropped consistently since October 2020. Down 5.6% since October 2020 and 17.19% since the beginning of 2020, reserves have been a top factor driving the consistent price rally in 2020. BTC Reserves on exchanges || Source: CryptoQuant...Read More
xBTC is in the news today after it announced its integration with Chainlink to launch a new product type that will use Chainlink oracles to dictate a token’s economics. This integration will create a spot price for a data point that has never before had a spot price – Bitcoin Market Cap Dominance (BMCD). That’s...Read More
To date, blockchain technology has found its use in small scale elections in the US, but the Associated Press (AP) news agency’s current use of blockchain to publish the US presidential election results, makes this the first time the technology is being used for a much larger election. So far, AP has been publishing the...Read More
Following Bitcoin’s price rally, all eyes are now on Ethereum. The altcoin is only second to Bitcoin in its market capitalization and it has been in the spotlight for a long time this year owing to developments around ETH 2.0. The latest edition of the Bad Crypto Podcast discussed the “Building of a Better Ethereum”...Read More
As the world of cryptocurrencies continues to expand, new and interesting projects are emerging in an attempt to cover the gap between the traditional worlds of finance with that of cryptocurrencies. One such project is Chainlink (LINK) which is attempting to bring interoperability to the blockchain industry. In this Chainlink price prediction article, we will...Read More
Although there was some trouble at the beginning of October, Chainlink [LINK] managed to pick up the pace and witness a 14.87% growth till now. The digital asset given its low correlation with Bitcoin [BTC] was noting strong growth throughout the year, posing as an altcoin-alternative to make a profit and hedge the losses occurring...Read More
Band and Chainlink are both building infrastructure that enables interoperability of smart contracts, and while these are two leading oracle projects in their own right, the rivalry and drama between the two seem to go beyond token sales and market capitalization. Off late, however, every time a DeFi protocol has announced its partnership with Band,...Read More
Blockstack PBC, the first company with an SEC-regulated cryptocurrency (STX), is joining forces with Chainlink to integrate Chainlink as the preferred oracle solution for the Blockstack and Algorand-supported Clarity smart contract language. Blockstack CEO, Muneeb Ali, indicated that this was clearly their top choice when thinking about Oracles for Stacks 2.0, stating that, “Stacks 2.0 is a...Read More
While Bitcoin and Ethereum appeared to hold fort on the charts, other altcoins were undergoing a severe period of price drops yet again in the industry. Consistent bearish pressure became an unavoidable situation in September 2020, as Chainlink, Ontology, and FTX token experienced another period of depreciation over the past day. Chainlink [LINK] Source: LINK/USD...Read More
Blockchain-backed, decentralized video platform, Theta Network will collaborate with Chainlink to build a new blockchain-based platform to solve the “multi-billion dollar Ad fraud problem” one that scams people through coin giveaways, the firm said in an announcement today. The project which is currently live on its testnet, uses Google’s Big Data solution, BigQuery, and would...Read More
Chainlink Rebounds With Boomerang Effect to Enter the Top 5 The past week witnessed an unpleasant run for the digital asset, with a plunge of more than 20 percent. Chainlink recorded a drop from over $15 to less than $10 gradually. But it grabbed everyone’s attention by recovering and jumping above $12 in less than...Read More
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ,...Read More
Decentralized network, Chainlink was under attack by a spammer who targeted select few node operators on Sunday, with the intention of disrupting the network through unnecessary on-chain computation. Chainlink nodes are oracles that allow smart contracts that reside on the Ethereum to interact with external software. Chainlink community member further said in the thread that...Read More
