Tag: link marines

May 15 2021

Chainlink Held By the top 10 Crypto Exchanges Addresses Drops by 67.6%

Investors are moving Chainlink tokens out of exchanges at an increasing rate 2.5% of Chainlink's circulating supply has left exchanges in the last 2 months The amount of Chainlink held by the top 10 crypto exchange addresses has dropped by 67.6% in the last 6 months Chainlink is currently battling to maintain the $44.30 support amidst a sub-$50k Bitcoin Chainlink investors are moving...

May 05 2021

Chainlink’s Network is Growing at a Rate of 12% Per Month – Analyst

Chainlink's network is growing at a rate of 12% per month When compounded, Chainlink's network is growing at a rate of roughly 300% per year The price of LINK is related to function calls on the network as demonstrated through Metcalfe's Law Therefore, LINK's recent all-time high was organic and a sign of additional growth to come Bitcoin and Crypto analyst, Timothy Peterson,...

Apr 24 2021

Chainlink’s Next Level of Support Below $32 is Around $27 – Weiss

Chainlink is currently battling to maintain the $32 price area as a support According to Weiss, $27 is the next level of support should $32 fail for Chainlink On a fundamental level, the team at Chainlink has awarded a community grant to ChainSafe The grant is aimed at expanding the Chainlink Oracle pallet on Polkadot The digital asset of Chainlink (LINK) is currently...

Apr 21 2021

Chainlink Supply Held by Top 1% Addresses Hits 3 Year High of 84.44%

The top 1% LINK addresses now hold 84.44% of Chainlink's total supply This amount, valued at $13.207 Billion, has reached a 3 year high Chainlink has been edged out of the top 10 on Coinmarketcap by digital assets such as Dogecoin, Polkadot, XRP and Cardano The implementation of Chainlink 2.0 will have a positive impact on the value of LINK The top 1%...

Apr 15 2021

LINK Soars to All-time Highs on Launch of the Chainlink 2.0 Whitepaper

The team at Chainlink has launched the whitepaper to version 2.0 of the project The new whitepaper proposes hybrid smart contracts on Chainlink The digital asset of LINK has set a new all-time high of $44.1447 - Binance rate Chainlink 2.0 might signal a new phase of growth for LINK in the crypto markets The team at Chainlink (LINK) has released a new...

Mar 23 2021

Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Summary: Zeus Capital has continued to rattle the Chainlink project, constantly insinuating it is a scam The latest accusation is that the Chainlink team has been dumping LINK on Binance since last summer Zeus Capital highlights a Chainlink address holding 90k LINK and claims it once had 34.5 million tokens According to Zeus, the address sold 1M LINK per month and soon graduated...

Mar 21 2021

Chainlink Reserves on Crypto Exchanges Drop to 14.6% of Total Supply

Summary: Chainlink reserves on crypto exchanges have dropped to 14.6% of the total supply Chainlink's network has continued to grow for a third straight month $29 continues to act as a strong support for Chainlink However, an unstable Bitcoin might throw cold water on the fact that Grayscale opened a LINK trust Chainlink reserves on crypto exchanges have been in a state of...

Mar 18 2021

Chainlink Might be Undervalued in terms of Supply and Demand

Summary: Chainlink reserves on crypto exchanges have been in a state of constant decline since last year The CEO of CryptoQuant thinks that Chainlink is undervalued in terms of supply and demand Chainlink's supply on exchanges will probably continue reducing as Grayscale continually scoops up LINK for its new trust Chainlink is currently attempting to turn the $30 price area into support Chainlink...

Mar 12 2021

Chainlink’s Market Cap Could Hit $1T in 10 Years – Crypto Analyst

Summary: Timothy Peterson has forecasted that Chainlink could reach a $1 Trillion market cap in 10 years He compares Chainlink to Facebook that achieved a similar feat in the stated time period A $1 Trillion market cap translates to a $3k value of LINK Chainlink's scalability solution of Off- Chain Reporting could boost the value of LINK further Chainlink is currently battling to maintain...

Feb 14 2021

Chainlink (LINK) has Yielded 226% Returns in the Last 7 Weeks

In brief: Chainlink has provided approximately 226% returns in the last 7 weeks Chainlink has also set a new all-time high of $35.85 - Binance rate Chainlink's fortunes could continue as Bitcoin heads to $50k Chainlink investors who bought LINK around the beginning of the year at $11, are now approximately 226% in profits. This is according to an analysis done by the...

Feb 13 2021

LINK Hits New ATH of $32.10 Fueled by High Chainlink Address Activity

In brief: Chainlink just posted a new all-time high of $32.10 - Binance rate LINK's impressive market performance is backed by a high level of tokens circulating and a sustained high unique address activity Chainlink could very well continue on its upward trajectory towards higher levels However, its fate is tied to that of Bitcoin and a correction by BTC could halt LINK's...

Feb 12 2021

Chainlink’s Network Activity Has Grown By 10x, 2 Years in a Row

In brief: Crypto analyst, Timothy Peterson, has highlighted that Chainlink's network activity has grown by a factor of 10 for two years in a row 414 crypto projects use Chainlink technology in one form or another, up from 315 last November The value of LINK has benefited from the increased network activity Crypto analyst, Timothy Peterson, of Cane Island Alternative Advisors, has pointed...

Feb 05 2021

Chainlink Community Members Awarded Grant to Build Coding Academy

In brief: Chainlink Community advocates Cole Gendreau and Zak Ayesh have been awarded a grant to build the Chainlink Academy The academy is a coding platform and open-source library of resources for those interested in building smart contracts using Chainlink The Chainlink Community Grant program is geared towards supporting growth in the network and community The team at Chainlink has announced that it...

Jan 31 2021

Chainlink Could Do 3x or More Between now and Dec. 2021 – Analyst

Quick take: Timothy Peterson has forecasted that Chainlink could increase by a factor of 3 or more between now and the end of the year He explains LINK is fairly valued unlike Bitcoin and Ethereum that are in bubble territory Chainlink increasing by a factor of 3x brings its value to around $66 Bitcoin and crypto analyst Timothy Peterson of Cane Island Alternative...

Jan 27 2021

Chainlink (LINK) Github Commits by Developers Continue to Increase

Quick take: The Chainlink project has seen steady growth in Github commits by its developers Surprisingly, a drop in development activity has been linked to a price increment of LINK Chainlink (LINK) is currently defending the $21 price area amidst a weakening Bitcoin Chances are that LINK regains its bullish momentum once Bitcoin futures expire this Friday The developers behind the Chainlink project...

Jan 23 2021

Rumor of a Chainlink Grayscale Trust Propels LINK to New Highs

Quick take: Chainlink has just set a new all-time high of $24.64 - Binance rate The bullish momentum is a result of Grayscale adding a LINK trust to its investment products Basic Attention (BAT), Tezos, MANA and Livepeer are also reportedly being considered by the investment firm The digital asset of Chainlink (LINK) has just set a new all-time high of $24.64 -...

Jan 18 2021

Top 1% Chainlink Addresses Now Hold 81.737% of the LINK Supply

Quick take: Chainlink holdings of the top 1% LINK addresses have hit a 3 year high These addresses now hold 81.737% of the total supply ChainLink (LINK) has set a new all-time high of $23.75 LINK's bullishness could continue if Bitcoin provides a stable environment above $34k The Chainlink holdings of the top 1% LINK addresses has just hit a three year high....

Jan 16 2021

Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million

Quick take: The open interest on Chainlink futures contracts has hit an all- time high of $287 Million Chainlink has just hit an all-time high of $22.67 - Binance rate Chainlink has also had the highest day of active addresses in 5 months LINK has the potential to keep moving up but its bullishness is hinged on Bitcoin's stability The aggregated open interest on...

Jan 15 2021

Chainlink Sets new All-time High of $21.45, Hints at Going Higher

Quick take: Chainlink has just set a new all-time high of $21.45 - Binance rate The weekly Chainlink chart hints at a continuation to higher levels Crypto analysts and traders have provided several price predictions including $32, $43 and 60 The digital asset of ChainLink (LINK) has just set a new all- time high of $21.45 - Binance rate. Chainlink's potential of breaking the...

Jan 12 2021

ChainLink is on Track to Break $100 within 3 Yrs – Crypto Analyst

Summary: Timothy Peterson has forecasted that Chainlink will break $100 within 3 years Such a price movement would be an annual rate of return of 80% Chainlink's supply is moving out of exchanges and could be the first confirmation of short term bullishness Bitcoin's recent dip resulted in Chainlink dropping from $18.50 to $12.50 in 48 hours LINK could reclaim $16 in the...

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