The cryptocurrency market rallied for the better part of August but began to move sideways as the month came to an end. This resulted in the price of many altcoins stabilizing and even shrinking a little. Bitcoin, the largest cryptocurrency has been also witnessing a similar trend and at press time, was valued at $11,799....Read More
IOV Labs has announced the integration of RIF Gateways & Chainlink’s decentralized blockchain oracles into its ecosystem, thus enabling developers to access critical price feeds and data resources generated outside the blockchain network. Decentralized Oracles on Top of Bitcoin’s Network The firm’s smart contract platform, the RSK Network, is designed to leverage Bitcoin’s hash power...Read More
For the longest time, trust has always been missing from the digital asset industry. 2017’s ICO boom, during which innumerable altcoins and shitcoins were shilled, did little to reverse this sentiment in the minds of many. In fact, now, there is a common consensus that suggests that the industry has put the crypto-demons of 2017...Read More
XRP was trading near an important zone, above which is possible safety. Failure to close above this level could mean XRP might be in store for a significant drop. Chainlink showed strong bullish momentum that could propel it towards ATH once more. Dogecoin lacked notable momentum but could reclaim a resistance as support in the...Read More
Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it’s currently at $11,500, losing about 2% in the process. However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve’s Chairman, Jerome Powell, announced a historic shift in the institution’s approach towards inflation...Read More
Chainlink was caught in a retracement that could extend further. After setting ATH recently, this is to be expected of Chainlink, especially when we consider well-known personalities such as Dave Portnoy tweeting about Chainlink and Bitcoin, and the FOMO he could have induced in the past weeks. BAT and ATOM maintained bullish momentum but showed...Read More
After a couple of days of bearish pullback, the collective crypto industry breathed a sigh of relief as major altcoins registered a minor uptick to keep pace with its overall bullish trend. Although bearish signals were still evident in the markets, the past 24-hours have highlighted a sea of green signals all across the board....Read More
Chainlink aka Link’s run from March to August has been good, especially in terms of its price appreciation. The cryptocurrency went from being valued at less than $2 in March to being overvalued at $20. This exponential rise came at a time when defi was soaring. In part, the defi craze has to be the...Read More
The Barstool Sports founder turned stock trader appears to have been prematurely stung by the highly volatile world of Bitcoin trading. Portnoy, who has recently expressed a lack of knowledge on crypto, tweeted a video on August 21, stating that he was ‘getting killed on Bitcoin right now.’ $25,000 Loss In a follow-up tweet, the...Read More
Google trends data reveals that the number of “buy crypto” searches has exploded worldwide in the past few weeks to a two-year high. Simultaneously, the “buy Bitcoin” searches, which jumped prior to the 2020 halving and decreased immediately after, have increased since late July. Buy Crypto Searches To A Two-Year High According to Google trends,...Read More
After Bitcoin touched $12,500, Crypto Fear & Greed Index stood at 82 for the day and 80 for the week. It can be argued that some signs of a coming drop were in the making over the past couple of days. Bitcoin’s subsequent drop to $11,600 took with it the entire market, including recent stalwart...Read More
Chainlink’s price dipped alarmingly, registering close to 20% loss within an hour. This action happened hours after Bitcoin reached a local high of $12,499. Ethereum Classic, on the other hand, saw registered a recovery while Dogecoin failed to carry a lot of momentum and looked likely to slip further down in price. Chainlink [LINK] Source:...Read More
Even as Chainlink and Bitcoin steal the limelight, one cannot forget Litecoin. The world’s first altcoin is currently in the 8th spot on the coin market, ahead of resurgent coins like Cardano and Binance Coin, trending with a daily gain of 7.13 percent, second only to Chainlink. Litecoin’s market cap was a strong $4.03 billion...Read More
Binance Coin now finds itself on the fringes of the top-10, occupying the 10th spot owing to the consolidating movement of the new entrant Chainlink following its recent surge. With a market capitalization of $3.15 billion, the exchange token is only a few million ahead of Crypto.com in eleventh with a market cap of $3.11...Read More
The cryptocurrency market has been seeing decentralized finance [DeFi] driving growth in the crypto-verse. Recently, on 9 August, the total market cap peaked at $11 billion, however, at press time was back to $9.275 billion, as per data provider DeFi Market Cap. As the market cap moves higher, the total value locked in DeFi was...Read More
From the world of altcoins, Chainlink or LINK tokens seems completely unstoppable at the moment. In the past few days, Chainlink has risen by 45 percent in the charts, rising from $9.80 to $14.48 on the 9th of August. As the token consolidates at its all-time high range, we looked into a few developments over...Read More
Known in the cryptocurrency field as The Wolf of All Streets, Scott Melker is arguably one of the most influential personalities in the community in recent years. With more than 110,000 followers on Twitter, Melker gives out helpful market analysis to both novice and experienced crypto traders and is known for his friendly and easy-going...Read More
Litecoin seems to be on the receiving end of the altcoin onslaught. In the past two months, Litecoin has been pushed down in the top-10 coins in the market by two individually surging contemporaries, Cardano back in July and Chainlink now. Digital silver now occupies the 9th spot with a market capitalization of $3.79 billion,...Read More
While Bitcoin’s surge and consolidation over $11,000 grabbed the mainstream headlines, in the crypto world, all attention is on Chainlink. The altcoin surged into the top-10 with a massive 20 percent gain in the past 24-hours now occupying the sixth spot behind Bitcoin Cash, with a market capitalization difference of $1.2 billion at press time. ...Read More
Chainlink continues with its impressive price performance after reaching a new all-time high today. Interestingly, the latest surge coincided with the launch of China’s Blockchain Service Network, which integrated Chainlink’s price oracles into its ecosystem. China’s BSN Launches As CryptoPotato reported in March this year, the world’s most populated country planned to introduce a DLT-based...Read More
It’s been a fruitful year for ChainLink (LINK) and its investors despite the pandemic-induced market downturn in mid-March. The project has not only recorded significant partnerships and developments since the start of 2020 but has also seen a massive boost in the number of crypto traders and investors holding the LINK token. LINK Holders Surpass...Read More
Token swap feature KyberSwap has integrated Chalinink’s price reference data for enhanced accuracy. Up until now, the price feeds of KyberSwap were taken exclusively from Kyber Network. KyberSwap and Chainlink KyberSwap is a platform allowing users to swap between Ethereum tokens quickly and easily, and it’s powered by Kyber Network’s on-chain liquidity protocol. It allows...Read More
Chainlink performed brilliantly with a 5% rise this week. The top cryptocurrency maintained a neutral bias within the last 24 hours and the price stabilized above the support at $3.87. The cryptocurrency began to stage a bull market when it first touched support at the $3.44 early on into the week. Leaping off the support...Read More
The price of LINK is beginning to rise steadily following a 24-hour period of buying pressure in which the coin gained about 3% within the last two days. The cryptocurrency began to stage a bull market when it first touched support at the $3.44 early on into the week. Leaping off the support at $3.44,...Read More
Chainlink (LINK) is one of the two cryptocurrencies that show a great correlation to the price of bitcoin with just a few days to the much-anticipated bitcoin blockchain reward halving. The other is Tezos (XTZ). As this price analysis focuses majorly on LINK, technicals reveal that the price of LINK falls whenever the price of...Read More
The aggregated crypto market has been caught within a firm downtrend over the past several days and weeks, but one top crypto has been able to buck this trend, rallying to fresh all-time highs against its Bitcoin trading pair yesterday before incurring a selloff today. Today’s selloff has led Chainlink – the best performing cryptocurrency...Read More
The aggregated cryptocurrency market has been closely following Bitcoin over the past couple of weeks, with altcoins slightly underperforming BTC during bearish trends, and outperforming the benchmark crypto during uptrends. Over the past few days, the market-wide trend has been overwhelmingly bearish, with Bitcoin’s break below its key support at $9,500 yesterday sparking a selloff...Read More
LINK is trading at a crucial resistance area after seeing gains of 13%. Chainlink is technically bullish across trading pairs but still facing a tough level at the immediate resistance. A pullback is likely if Link fails to overcome the current trading level. LINK/USD: Link Could Be Ready For Huge Rally But Still Waiting For...Read More
Chainlink surged 13.48% to reach $3.26 as buyers remain trapped in a channel. If buying volume continues to increase, the bullish scenario might last for a while. Against Bitcoin, Link signals long-term bullish move after witnessing a bull flag breakout. LINK/USD: Chainlink Awaiting Next Move Following 13.48% Surge Key Resistance Levels: $3.75, $4.55 Key Support...Read More
2019 was the year of Bitcoin, which stole the spotlight from the rest of the crypto industry, including altcoins like Ethereum, Ripple, and Litecoin.The post appeared first on NewsBTCRead More
