The cryptocurrency market has witnessed a significant surge in Chainlink (LINK) prices, with a notable 24% increase this week and reaching a two-year high currently at $19.6. This surge is fueled by a series of intriguing events, including a surge in dormant whale transactions, technical indicators pointing towards a bullish
Chainlink, an Oracle service provider shown a remarkable display of strength over recent days. Over the last 24 hours, the LINK price has surged by 15%, reaching $17.93, with a market cap of $10.8 billion. This surge follows a week of impressive gains, where LINK has outshone every major altcoin,
While the global crypto market is facing a downturn, Chainlink (LINK) displayed a notable uptrend, rebounding from a test of the 50-day exponential moving average (EMA) observed in the previous trading session. The bulls showcased probability, recovering over 16% of the prior day’s losses, propelling LINK’s value higher. Chainlink encountered
Chainlink, a prominent blockchain is the talk of the crypto town currently as Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has successfully integrated Circle’s Cross-Chain Transfer Protocol (CCTP). It facilitates the effortless transfer of USDC across various blockchain networks. The chainlink mentioned that this strategic partnership aims to empower developers to build
The cryptocurrency markets have experienced a significant resurgence in 2023. Bitcoin, along with most altcoins, has seen a sharp rise from its 52-week lows, though they are still below their all-time highs. This trend suggests the beginning of a bullish phase, which has considerable room to grow. A key factor
Major altcoins Polygon (MATIC) and Chainlink (LINK) have displayed a significant decline in their prices over the past two days. Chainlink, which recently reached a yearly peak of $17.16 on December 9, saw its price plummet to $14.25 today, marking a 17% drop. Simultaneously, Polygon (MATIC) recorded a 3.83% decrease
Chainlink, a standout in the blockchain realm, recently captured investor attention as its price made historic leaps, marking an 88% surge over the past month. Starting at $7.362 and reaching $17, the bullish movement led to excitement, but the current market reflects a 5% decline, with LINK trading at $14.
Chainlink (LINK) has surged past the $12.50 level this weekend to hit its highest price since April 2022. The decentralized Oracle network’s token has mounted a significant rally, reflecting improving sentiment. LINK now trades around $12.59, having gained 65% over the past 30 days, per CoinGecko data. The powerful move
Chainlink (LINK) has reached an 18-month consolidation phase, marking a significant breakout in its price movement. This extended period of range-bound trading saw LINK jump from $5.16 to $11.87, with a $8.15 resistance level. On October 21st, LINK broke free from this consolidation pattern, breaching the resistance trendline and triggering
The integration of Chainlink Proof of Reserve (PoR) is something that Backed is pleased to announce. With this feature, users may now verify the collateralization of its tokenized assets in a transparent and trust-minimized manner. Users may rest well knowing that their investments are properly collateralized thanks to Backed’s implementation. With PoR,
