Ethereum price has just hit a new all-time high on Coinbase and the DeFi market is following closely. In the past week, there are several DeFi projects that have experienced gains higher than 100%. Uniswap price has also hit a new all-time high at $9.93 today reaching a total market capitalization of $2.4 billion. Similarly, Chainlink price also established a new all-time high...
YFLINK, The liquidity mining ecosystem, has announced its latest addition, a permissionless community-governed lending protocol for the Chainlink community and YFL token holders. The protocol will focus on providing safety and value capture for its users, while also offering a wide range of features and designs that according to the company, “will enable it to [...] The post YFLINK Announces New Project: LINKLEND...
BTC has created a new all time high price after dropping by more than $6,000. The drop was bought back immediately and BTC reached close to $36,000. Ethereum has also started approaching its all time high price and reached close to $1,200. Altcoin market has been highly...
Bitcoin has been steadily growing, and its price reached above $28,500 without any substantial retrace. After touching $28,500, we saw a small corrective move, but every single drop in BTC is being bought back. BTC dominance has risen, which has started affecting the altcoin market. Most of the altcoins have dropped substantially in their BTC pair. As long as the BTC dominance keeps...
Over the last 3 years Chainlink, the leading decentralized oracle provider has been integrated into more than 300 projects. Every integration bolstered the price of Chainlink’s native token LINK. Effectively, LINK has pumped by over 500% since January 2020. It seems Chainlink’s ecosystem growth never slows. That’s because the team has impressive plans for 2021 that will help maximize blockchain innovation. Additionally, it...
According to the World Economic Forum (WEF) blockchain-based smart contracts can help unlock the hidden value of legacy digital systems. To achieve this the legacy systems, need to become interoperable with the distributed ledger systems. According to the WEF academic paper, such a step would also need a Chainlink like an infrastructure for decentralized data validation. This infrastructure will help validate the integrity...
In a big development for the Chainlink community, the oracle service provider has collaborated with the World Economic Forum (WEF) to establish new Industry Oracle Standards connecting blockchain and legacy systems....
On Thursday, November 26th, the price of the Dai stablecoin (ordinarily ~$1 USD) exploded up to $1.30 on Coinbase as traders tried to snag up funds en masse to pay back, and thus keep afloat, their DeFi lending positions. Yet this Dai price spike, combined with an acutely falling ETH price, pushed some Dai positions [...] The post To Chainlink? That's the DeFi...
BTC is trading very close to its all-time-high value of 2017. This run has been fueled by institutional investors, and retail investors are yet to join. Will this run continue beyond $20,000 or will we expect a correction? We will shortly find that out once BTC reaches its ATH value. Meanwhile, let us analyze...
Axie Infinity, an Ethereum game where you collect, breed, and battle digital pets, has been taking the blockchain gaming world by storm this year. Indeed, not only has Axie Infinity become the biggest and most popular game in the cryptoeconomy right now, it's also one of Ethereum's most used decentralized apps, period. That's why heads [...] The post Top Ethereum Game Axie Infinity...
Quick take: ChainLink has reclaimed the number 5 spot on Coinmarketcap LINK has edged out Bitcoin Cash (BCH) and Binance Coin (BNB) LINK has reclaimed the $12 support and hit a local peak of $13.60 ChainLink's daily chart still hints of bullishness that could assist LINK in retesting $14 or even $15 The digital asset of ChainLink (LINK) is once again a top...
A lot of action is taking place in the crypto world. PayPal will soon allow users to buy and sell crypto, the launch of ETH 2.0 is approaching, and JP Morgan has launched a blockchain unit by the name of Onyx. The continuing surge of DeFi and the sheer amount of crypto/blockchain projects being developed means it's never a dull day. Of course,...
If Bitcoin achieves stability or further bullishness in the sessions ahead, it could help its rival asset Chainlink (LINK) add more value to its market capitalization. So says Kevin Svenson, an independent market analyst. The chartist noted in an early Thursday tweet that LINK could hit a $20 valuation, almost 66...
Will Paypal’s grand plan for entering cryptocurrency push BTC price to $20,000 or will the second wave of COVID-19 pull the price down to $8,000? PayPal has finally decided to arrive in the crypto currency ecosystem and plans to add options to buy and sell Bitcoin in the United States by as early as the first quarter of 2021....
The last few days have seen a lot of talk going on in the cryptocurrency space. While the DeFi surge continues to happen, the big news was that PayPal was going to allow its users to buy, sell, and hold various cryptocurrencies in their PayPal account. Needless to say, such a move by one of the biggest payments processors in...
Over the last 24 hours, the altcoins' market is in deep red with some top cryptocurrencies losing between 4-10%. As per the charts on CoinMarketCap, the altcoins have lost over $4 billion in combined market cap over the last 24 hours....
Summary: ChainLink has traded above the $10 psychological level for over a week LINK seems to be consolidating within the $10.20 and $11.20 price range The 50-day and 100-day moving averages continue to provide considerable resistance for LINK moving forward LINK might not drop to $7 after all It is another weekend in the crypto markets and the digital asset of ChainLink (LINK)...
Summary: Chainlink is about to hit 7 days trading above the $10 psychological support zone However, social and on-chain metrics point towards a cautiously optimistic short term future for LINK Timothy Peterson has forecasted that ChainLink might not fall to $7 if LINK's relationship with Bitcoin continues as is The digital asset of ChainLink has traded above the $10 psychological price level for...
Summary: The ChainLink network has hit a new milestone in terms of cumulative transaction volume According to Glassnode, ChainLink's cumulative transaction volume has just exceeded $30 Billion LINK has also witnessed a resurgence in the crypto markets ChainLink (LINK) is currently attempting to break through the $11.20 - $12 resistance area The ChainLink (LINK) network has hit a new milestone in terms of...
Summary: According to data from Santiment, the top 100 non-exchange addresses have grown their bags by 5% in the last year ChainLink whales held 735.64 million LINK a year ago This number is now 771.15 million LINK indicating increased confidence in the digit asset LINK has regained the $10 psychological support level as a result of a crypto-wide rally ChainLink whales have grown...
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