Decentralized exchange Mettalex has integrated Chainlink price feeds into its platform, according to an announcement earlier today. Chainlink’s integration will enable decentralized price oracles for a variety of new assets including cryptocurrencies, crypto indices, real-world indices, fiat currencies, and the world’s most popular commodities. Mettalex will also be able to utilize Chainlink’s price feeds on...Read More
At present, Bitcoin seems to be struggling to gain bullish momentum above the $27,300 barrier. This bullish sentiment extended to many other large-cap cryptocurrencies. At present, Chainlink (LINK) Price is poised to move higher as technical support bullish price targets. The weekly chart of Chainlink is showing a sideways trend, which is followed by modest...Read More
As Bitcoin’s price rallied above $24000 and hit a new ATH, it garnered most of the institutional and retail attention this week and over the past weekend as well. With all focus on Bitcoin, investment flow into altcoins dried up. With dropping demand, altcoin trader profits bled based on data on top 10 altcoins based...Read More
Link’s 679% YTD return overshadows both Atom and BAT’s meager returns of 28% and 20% respectively. This is despite Link’s surge to $20 per coin and then a massive collapse to $7.2. Chainlink [LINK] Source: LINKUSD TradingView Chainlink seems to be surging alongside bitcoin at the moment. The coin has seen a 13% hike in...Read More
Since its local bottom at the end of September, Chainlink has done well to recover alongside the collective market. Its growth hasn’t been explosive but it has managed to attain momentum above key resistance from the past. A recent pullback was witnessed at the end of November, but the asset seems prime to retake another...Read More
According to a recent announcement, a smart contract development platform for Tezos, Smart Chain Arena (SmartPy.io), is the newest recipient of a blockchain integration grant from Chainlink. The grant will enable Chainlink price feeds to be integrated on Tezos, something that will help the blockchain platform build next-generation DeFi products. The Chainlink Community Grant Program provides...Read More
Elysia, a tokenized real estate ownership protocol, has announced an upcoming integration with oracle solution Chainlink to price properties and calculate token distributions. Elysia’s decentralized real estate marketplace allows users to buy tokens representing property ownership and distributes rewards to token holders when the underlying properties generate income. The Elysia app will leverage Chainlink Price Feeds to...Read More
Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology. Bitrue Implements Chainlink VRF Chainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a...Read More
Chainlink’s recent surge price may be due to its correlation [90-day] with bitcoin, which stands at 0.6, however, there is more to it. The smaller bits that may have caused this price surge could be its fundamentals which are getting stronger. Chainlink’s oracles are gaining popularity as they were recently integrated by Matic and Base...Read More
Chainlink has successfully been deployed on the Matic Network, as confirmed by an announcement today. Matic is now the second blockchain after Ethereum to integrate Chainlink Price Feed Oracles. Five price feeds have already been launched on the mainnet: MATIC/USD, USDC/USD, ETH/USD, USDT/USD, and DAI/USD. As it stands, more price feeds are expected to follow soon...Read More
As Bitcoin hits newer levels and breaks past resistances, it is trading at $16300. Meanwhile, Bitcoin reserves have dropped consistently since October 2020. Down 5.6% since October 2020 and 17.19% since the beginning of 2020, reserves have been a top factor driving the consistent price rally in 2020. BTC Reserves on exchanges || Source: CryptoQuant...Read More
xBTC is in the news today after it announced its integration with Chainlink to launch a new product type that will use Chainlink oracles to dictate a token’s economics. This integration will create a spot price for a data point that has never before had a spot price – Bitcoin Market Cap Dominance (BMCD). That’s...Read More
To date, blockchain technology has found its use in small scale elections in the US, but the Associated Press (AP) news agency’s current use of blockchain to publish the US presidential election results, makes this the first time the technology is being used for a much larger election. So far, AP has been publishing the...Read More
Following Bitcoin’s price rally, all eyes are now on Ethereum. The altcoin is only second to Bitcoin in its market capitalization and it has been in the spotlight for a long time this year owing to developments around ETH 2.0. The latest edition of the Bad Crypto Podcast discussed the “Building of a Better Ethereum”...Read More
As the world of cryptocurrencies continues to expand, new and interesting projects are emerging in an attempt to cover the gap between the traditional worlds of finance with that of cryptocurrencies. One such project is Chainlink (LINK) which is attempting to bring interoperability to the blockchain industry. In this Chainlink price prediction article, we will...Read More
Although there was some trouble at the beginning of October, Chainlink [LINK] managed to pick up the pace and witness a 14.87% growth till now. The digital asset given its low correlation with Bitcoin [BTC] was noting strong growth throughout the year, posing as an altcoin-alternative to make a profit and hedge the losses occurring...Read More
Band and Chainlink are both building infrastructure that enables interoperability of smart contracts, and while these are two leading oracle projects in their own right, the rivalry and drama between the two seem to go beyond token sales and market capitalization. Off late, however, every time a DeFi protocol has announced its partnership with Band,...Read More
Blockstack PBC, the first company with an SEC-regulated cryptocurrency (STX), is joining forces with Chainlink to integrate Chainlink as the preferred oracle solution for the Blockstack and Algorand-supported Clarity smart contract language. Blockstack CEO, Muneeb Ali, indicated that this was clearly their top choice when thinking about Oracles for Stacks 2.0, stating that, “Stacks 2.0 is a...Read More
While Bitcoin and Ethereum appeared to hold fort on the charts, other altcoins were undergoing a severe period of price drops yet again in the industry. Consistent bearish pressure became an unavoidable situation in September 2020, as Chainlink, Ontology, and FTX token experienced another period of depreciation over the past day. Chainlink [LINK] Source: LINK/USD...Read More
Blockchain-backed, decentralized video platform, Theta Network will collaborate with Chainlink to build a new blockchain-based platform to solve the “multi-billion dollar Ad fraud problem” one that scams people through coin giveaways, the firm said in an announcement today. The project which is currently live on its testnet, uses Google’s Big Data solution, BigQuery, and would...Read More
Chainlink Rebounds With Boomerang Effect to Enter the Top 5 The past week witnessed an unpleasant run for the digital asset, with a plunge of more than 20 percent. Chainlink recorded a drop from over $15 to less than $10 gradually. But it grabbed everyone’s attention by recovering and jumping above $12 in less than...Read More
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ,...Read More
Decentralized network, Chainlink was under attack by a spammer who targeted select few node operators on Sunday, with the intention of disrupting the network through unnecessary on-chain computation. Chainlink nodes are oracles that allow smart contracts that reside on the Ethereum to interact with external software. Chainlink community member further said in the thread that...Read More
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
