TL;DR 21X and Chainlink have formed a strategic alliance to launch a tokenized securities trading and settlement system in Europe, the first of its kind to be regulated by the European Union. The system will be based on Chainlink's infrastructure to improve data quality and facilitate interoperability between blockchains.
Chainlink price is breaking out! The price is heading towards the yearly highs at $22.89 with an aim to set up a bullish path towards the ATH. The price recorded one of the most bullish monthly closes, with a rise of over 80%, not seen since the 2021 bull run.
Story Highlights Chainlink price soars ~11% in 24 hours and is currently valued at $20.53. Technical indicator EMA 50/200-day record a Golden Cross in the daily time frame. Sustained bullish sentiment could push the price of this altcoin toward $26 this month.
Chainlink price, the biggest oracle in the crypto industry, has bounced back recently as it soared for three consecutive weeks. Crypto analysts, citing its strong fundamentals and technicals, believe that LINK could stage a strong rally, mirroring Ripple's XRP.
Chainlink's breakout from a multi-year symmetrical triangle pattern, combined with technical indicators and market conditions, has created a setup that could lead to higher price targets, with $50 as a potential long-term objective if market conditions remain favorable.
Chainlink (LINK) has recently captured the attention of the cryptocurrency community after breaking out of a multi-year pattern, signaling a potential bullish trend. After weeks of price hikes, the token has entered a consolidation phase, but the breakout from a significant pattern could be the start of a major rally.
The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.
As Chainlink broke above a key pattern, is a bullish flag in the making?
Grayscale's cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season. Notably, its cryptocurrency holdings have increased by over 85% in market capitalization during the past month.
ARB could surge, reaching its monthly high as more favorable sentiment develops.
Active addresses dropped by over 40% from 7,420 to 4,210 in just one week.
Chainlink (LINK) Price Analysis The Chainlink price rebounded from the ascending support after remaining struck for over a while. With this, the bulls appear to have become active as the buying pressure has begun to mount. After a massive rise in the last week, the price remains consolidated within a range.
Prominent crypto asset manager Hashdex has taken a groundbreaking step with its latest ETF filing, placing Chainlink (LINK) in the spotlight.
Chainlink has changed the game of decentralized oracles. It connects smart contracts with real-world data and makes a blockchain a better place for all of us.
Chainlink rebounded in November and is on track to have its best monthly performance since May. This LINK rebound coincided with the broader crypto market rally, adding fuel to the uptrend.
Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.
Chainlink bulls recently propelled the price towards a key resistance level - Can they continue the uptrend?
November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.
Chainlink price recently experienced a remarkable surge, sparking discussions about its potential to reach $600 amidst growing market optimism. This upward movement aligns with broader cryptocurrency trends, reinforcing positive sentiment among investors.
Arbitrum (ARB) has shown significant resilience in its price action, bouncing back sharply from its recent lows. With a rounding bottom reversal in play, the cryptocurrency has been gaining upward momentum, bringing ARB closer to critical resistance levels that could trigger an explosive rally.
Analysts expect BTC to correct before resuming its rally.
Arbitrum Foundation has introduced a $1 million grants program aimed at boosting artificial intelligence innovation on the Arbitrum network.
Arbitrum (ARB) has emerged as one of the top-performing cryptocurrencies, surging by an incredible 91% since November 5th. This impressive rally is attributed to a Rounding Bottom reversal pattern on its price chart, combined with a bullish engulfing candle.
Chainlink is considered one of the most undervalued tokens within the markets. While the platform offers multiple use cases, the LINK price remained largely unchanged. This indicates the bulls still remain distinct from the token and a rise to these levels could attract their attention.
Despite the price of Bitcoin dropping to $92k levels, the ARB price trend continues a rounding reversal. The bullish trend in the Arbitrum is heading to cross the $1 milestone shortly. Amid the increasing upside potential, a breakout rally targets the $1.86 mark. Find out more in the ARB price analysis below.
According to a recent decision from the US District Court for the Northern District of California, decentralized autonomous organizations, or DAOs, may not provide the liability protection the industry once thought.
Lido DAO (LDO) has recently grabbed attention in the cryptocurrency market as its price surged, breaking out from a descending channel that had suppressed its value for months. This breakout has fueled speculation about whether the token can sustain its upward trajectory and reach the next significant milestone at $4.
Optimism's OP Mainnet integrates all Chainlink services, enhancing ecosystem growth with data, DeFi, and VRF capabilities. The post Optimism joins Chainlink Scale, all Chainlink services are now live on OP Mainnet appeared first on Crypto Briefing.
The $LDO token representing liquid staking protocol Lido DAO is one of crypto's most volatile assets today, having traded against during a market slump, before multiplying the losses of market leader Bitcoin ($BTC). Bitcoin dropped by as much as 6% in 24 hours by lunchtime UTC today.
Chainlink grabbed headlines with a 10% rally last week, which pushed its monthly gains to 53%. This stellar performance by LINK has resulted in a bullish outlook for the Oracle token.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Chainlink's LINK token has reached $18.4 after a 10% gain, approaching a key resistance level at $22 where 100,220 addresses hold 57.2 million tokens.
LDO, the native token of leading Ethereum staking provider Lido DAO, has witnessed an 8% price hike over the past 24 hours. Trading volume has also jumped by 58% during the review period, reflecting the surge in activity around the altcoin.
LDO's breakout has captured attention, with $4 emerging as a potential milestone.
The ARB price trend maintains a bullish approach with the Bitcoin price dropping below the $95,000 mark. With a 26% surge over the last 7 days, the ARB has a market cap of $3.864 billion. With the ongoing rally unaffected by the broader market pullback, the upside potential for ARB is growing.
Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.
Following the recent bullish rally, cryptocurrency prices today are facing selling pressure, with market sentiment shifting towards cautiousness. Bitcoin (BTC) has dropped to the $93K level today.
An analyst has explained how the path to a new Chainlink all-time high (ATH) could open up if LINK can break past this resistance block. Chainlink Could Find Major Resistance At The $20 Level In a new post on X, analyst Ali Martinez has discussed how the resistance barriers for LINK are currently looking in terms of the on-chain cost basis distribution.
Bitcoin rally stalls as few altcoins lead the day's gains.
Cryptocurrencies remained in the green today as Bitcoin targets $100K again after weekend dips. Meanwhile, Arbitrum (ARB) emerged among today's top gainers after a 17% climb on its 24-hour chart. ARB's performance reflected the prevailing broad market optimism. However, Arbitrum's X post about potential artificial intelligence integration added to the alt's upward momentum.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
Story Highlights The Chainlink price is up 71.8% this month. Technical indicator EMA 50/200-day registers a Golden Cross, indicating a higher price mark. Sustained bullish sentiment to push price beyond $25 this year. Despite the Bitcoin price struggling to achieve the milestone of $100,000, the altcoin market has recorded a strong bullish recovery.
Chainlink achieves $17.3 trillion in total transaction value while its LINK token tests $18 resistance amid growing network adoption and positive technical indicators.
Chainlink (LINK), known for its pivotal role in blockchain infrastructure, has recently hit an extraordinary milestone of $17.3 trillion in cumulative on-chain transaction value. This significant achievement underscores the platform's growing adoption and influence within the cryptocurrency sector.
A recent US District Court ruling on Lido DAO has sent ripples through the cryptocurrency world, profoundly impacting decentralized autonomous organizations (DAOs). On November 18, 2024, Judge Vince Chhabria of the Northern District of California classified Lido DAO, a prominent DAO in the crypto market, as a general partnership under California law.
LINK nears $18 resistance with strong momentum, supported by growing adoption.
Lido is one of the most important liquid staking protocols within the Ethereum ecosystem. Its model allows users to earn rewards from staking Ethereum (ETH) without losing liquidity, through the use of liquid tokens such as stETH and wstETH.
Chainlink (LINK) is experiencing significant growth in the cryptocurrency sector, with a 20% increase in value in just one week and a potential change in its long-term trajectory. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough For months, the cryptocurrency has been on a downward trajectory; however, it is currently exhibiting significant signs of recovery.