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Chainlink

All articles tagged with #chainlink

XRP Surges Amid Regulatory Easing and Market Optimism

Originally Published 1 year ago — by The Motley Fool

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Source: The Motley Fool

Cryptocurrencies XRP, Chainlink, and Hedera have seen significant price increases, driven by speculation and momentum in the market. XRP's rise is linked to hopes of a more crypto-friendly regulatory environment under a potential second Trump administration, while Chainlink's growth is fueled by its adoption in Europe's tokenized securities market. Hedera's surge is attributed to large holders accumulating the token and speculation about potential SEC leadership changes. The current crypto bull run is reminiscent of late 2021, with investors driven by fear of missing out.

Chainlink's Bullish Momentum: Can It Sustain Amidst Market Pressures?

Originally Published 1 year ago — by AMBCrypto News

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Source: AMBCrypto News

Chainlink (LINK) experienced a 52% gain in November, reaching $18.63, but rising sell-side pressure is evident as more tokens are sent to exchanges. Despite increased wallet profitability and a positive Chaikin Money Flow indicator, buying volumes remain low, with active addresses dropping significantly. Open interest in derivatives has surged, indicating traders are opening new positions, mostly long, betting on further gains. For LINK to continue its uptrend, increased buying activity is necessary to overcome resistance at $19.

Whales Accumulate Chainlink, Eyeing Major Rally and Reversal

Originally Published 1 year ago — by AMBCrypto News

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Source: AMBCrypto News

Chainlink (LINK) has seen significant whale activity recently, with 93 new wallets withdrawing approximately $167 million worth of LINK tokens from Binance since June 24th. Despite this, the number of active addresses has remained steady, indicating that the increased whale activity has not translated into broader market participation. This suggests strategic adjustments by existing participants rather than an expansion in the user base. LINK is currently trading at around $13.7, showing a slight increase.

"Preparing for Stormy Weather: The Impending Chainlink-Ethereum Integration"

Originally Published 1 year ago — by AMBCrypto News

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Source: AMBCrypto News

Chainlink's integration with Ethereum and expansion of its Cross-Chain Interoperability Protocol (CCIP) has led to an increase in new addresses and smart contract supply, indicating improved adoption and potential for increased demand. However, the market turbulence and imbalance between exchange inflow and outflow may lead to a short-term price drop for LINK, possibly falling below $14, unless selling pressure subsides and bullish accumulation occurs.

"2024 Bitcoin Forecast: Millionaire Dreams and a 1,000% Rally to $500,000?"

Originally Published 2 years ago — by BeInCrypto

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Source: BeInCrypto

January 2024 crypto predictions suggest potential gains for Chainlink (LINK), with a possible 75% increase if it breaks out of its current channel, while BNB could surpass $400 if it overcomes resistance at $345. Ethereum layer-2 solutions like Arbitrum (ARB) and Polygon (MATIC) are also expected to see significant price increases, with ARB potentially growing by 45% and MATIC by 50% if they maintain their bullish momentum. However, these predictions could be invalidated if the assets fall below key support levels, leading to potential declines of around 30%.

"FTX Crash Anniversary: Top 3 Gainers and Sam Bankman-Fried's Alleged Connection to Former FTX US President"

Originally Published 2 years ago — by Cointelegraph

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Source: Cointelegraph

One year after the FTX collapse, Bitcoin has more than doubled in price, but other coins like Solana, OKB, and Chainlink have seen even bigger gains. Solana is up 660% since the crash bottom, benefiting from positive market sentiment and subsiding fears of a dump by FTX. OKB, the token of OKX crypto exchange, has gained 275% as its top rival FTX went bust. Chainlink, despite falling 40% after the collapse, has recovered due to lower exposure to FTX and positive developments, resulting in over 180% profits for investors.

Circle, Stablecoin Issuer, Considers 2024 IPO Amid Growing Institutional Interest

Originally Published 2 years ago — by CoinDesk

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Source: CoinDesk

Crypto markets experienced a boost with Bitcoin briefly surpassing $35,700 before settling back. Chainlink, Polygon, and Toncoin saw an 8% increase, while Solana, Cardano, and Polkadot rose by 3%. Fed officials have been making numerous public remarks, shedding light on the factors that could influence the next interest rate decision. The Federal Reserve board appears divided on the rates outlook but emphasizes the importance of inflation data. In stocks, U.S. indices rose for the seventh consecutive session, while European indices are looking positive. Japan's Nikkei and Shanghai Composite indices were down, despite the potential visit of China's President Xi Jinping to the U.S. next week. Chinese investors are reportedly picking stocks based on names rather than their actual performance. Oil prices continue to decline, and gold softens. Institutional interest in Chainlink is growing, with the Grayscale Chainlink Trust premium reaching 200%. Circle, the issuer of the USDC stablecoin, is reportedly considering an IPO early next year, which would further solidify crypto assets in the financial landscape.

"Trader Warns of 50% Crash for Ethereum-Based Altcoin, Updates Bitcoin and Optimism Outlook"

Originally Published 2 years ago — by The Daily Hodl

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Source: The Daily Hodl

Crypto analyst Ali Martinez warns that Chainlink (LINK) could experience a significant correction of up to 50% as whale transactions decline, indicating a lack of trading interest. He also suggests that Bitcoin (BTC) may decline 10% if it loses a key support level, while Ethereum (ETH) layer-2 blockchain Optimism (OP) is showing a bearish flag pattern, potentially leading to a continued move to the downside.

Bitcoin's Rally and Altcoins: Analysts Weigh In on Future Price Movements

Originally Published 2 years ago — by Finbold - Finance in Bold

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Source: Finbold - Finance in Bold

Analyst Michaël van de Poppe predicts that the altcoin market will rally in the upcoming days, following Bitcoin's recent surge. He recommends investors keep an eye on Chainlink (LINK), which could gain momentum if Bitcoin consolidates, Avalanche (AVAX), which is undergoing a retest and showing promising recovery, and Curve DAO (CRV), which is currently experiencing a period of uncertainty. However, most altcoins remain in a depression zone despite the bullish trend.

Altcoin Analysis: PEPE, Chainlink, Avalanche, and MillionaireGame Coin ($MG)

Originally Published 2 years ago — by The Daily Hodl

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Source: The Daily Hodl

Crypto analyst Michaël van de Poppe predicts that Pepe's downtrend will continue unless bulls reclaim a key price level. He believes that Chainlink is still trading sideways between $6 and $6.85, and a breach of $6.85 will likely trigger bullish momentum. Van de Poppe sees a bullish divergence on higher timeframe support for Avalanche, and Verasity is approaching a key support level at $0.00395 that could potentially trigger a bounce for the altcoin.