A widely followed crypto strategist believes that a decentralized oracle running on Ethereum (ETH) is gearing up for a big market reversal. Analyst Michaël van de Poppe tells his 733,600 followers on the social media platform X that he's bullish on Chainlink (LINK).

Chainlink (LINK) has recently drawn attention in the cryptocurrency space due to a significant trend observed in its market activity. On-chain data indicates a consistent pattern of negative net flows from exchanges, a development that could signal a bullish outlook for LINK.

The decentralized oracle network Chainlink (LINK) is once again the top-ranked ERC-20 project in terms of recent development activity, according to the crypto analytics platform Santiment. Santiment notes on the social media platform X that Chainlink registered 649.

In the ongoing struggling cryptocurrency market, a prominent crypto expert shares a bullish outlook for Chainlink (LINK) and suggests that LINK could soon skyrocket in the coming days.

LINK's recent price action and growing network activity mean a potential breakout could be next.

Chainlink (LINK) is currently in a pivotal phase, as it approaches a critical breakout point in the ever-evolving cryptocurrency market. Recent trends in whale accumulation and Chainlink's expanding role in real-world asset (RWA) integration have fueled speculation about its future price movement.

LINK, the native token of the leading decentralized oracle network Chainlink, has noted a 5% price surge over the past 24 hours. It currently trades at $11.76, with a 2% hike in trading volume during that period.

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Is Chainlink ready for a comeback? In recent weeks, on-chain data shows a marked trend: LINK is massively leaving cryptocurrency exchanges.

Chainlink price rallied nearly 5 percent in the last 24 hours as several technical indicators point to a potential bullish breakout soon.

TL;DR Chainlink and Botanix Labs Partnership: Chainlink has partnered with Botanix Labs to integrate its oracle technology into Spiderchain, a Layer 2 network on Bitcoin, enhancing Bitcoin's blockchain ecosystem with real-world data feeds. Spiderchain Overview: Spiderchain is a decentralized, Ethereum-compatible Layer 2 blockchain on Bitcoin, enabling sophisticated DeFi applications by leveraging Bitcoin's security and liquidity.

The crypto markets are consolidating as the Bitcoin price has been fighting the bearish heat since the early trading hours. Some altcoins have been stuck under bearish influence, while the Chainlink price demonstrates acute strength.

Botanix Labs has announced that it is integrating Chainlink's services into Spiderchain, a Layer 2 (L2) network built on Bitcoin. This collaboration is part of the Chainlink Scale program, aiming to bring real-world data to Bitcoin's blockchain.

As the price of Bitcoin stabilizes above its important psychological level of $67,000, the DeFi market has recorded a significant increase in the buying and selling pressure. Moreover, many projects have regained momentum by breaking out of their crucial resistance levels.

On-chain data shows Chainlink has continued to observe negative exchange netflows recently, a sign that could be bullish for LINK's value. Chainlink Exchange Netflows Have Been Negative For Almost A Month In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend in the exchange netflow of Chainlink.

Chainlink price could be eyeing a phenomenal breakout following its recent recovery from weekly lows. Following this, a crypto researcher has said that a LINK “quadruple digit” price is inevitable in the long run.

For some days, the price of Chainlink (LINK) has been swinging between $10 and $11. This is a surprising move, considering the project's recent notable developments.

Botanix Labs is building Spiderchain to be compatible with EVM layers, allowing ny application or smart contract on an Ethereum layer to be effectively copied and pasted onto Bitcoin.

Sentiment around leading cryptocurrencies Chainlink ($LINK) and Cardano ($ADA) cooled today as both cryptocurrencies dipped in the last 24 hours. In general, crypto markets fell 1.1% overnight and now post a combined capitalization of $2.41 trillion. Unusually, market leader and pace-setter Bitcoin ($BTC) remains largely unaffected, growing by 0.

Chainlink, a blockchain oracle provider, has announced its first expansion into Bitcoin's decentralized finance (DeFi) ecosystem. It has collaborated with Botanix Labs to integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP) into the Spiderchain network.

The Ethereum-compatible "spiderchain" network will integrate Chainlink data oracles to expand Bitcoin's functionality.

ChainLink (LINK) has experienced significant price fluctuations in recent weeks, raising concerns of another potential sell-off wave despite its recent price fall. After a bullish surge in September, where LINK rallied from $9 to $13, the asset has struggled to maintain its momentum and now shows signs of vulnerability according to on-chain data.

Chainlink nears breakout, boosted by whale activity and expanding real-world asset integration.

Santiments latest analysis ranks Bitcoin, Shiba Inu, and Chainlink among the top cryptos with soaring market sentiment. As analysts predict Bitcoin could hit $230K, these coins are set to be major players in the next rally.

Chainlink is the leading middleware, linking on-chain dapps with external data securely. While the platform is critical in many crypto sectors, especially DeFi, LINK has recently struggled for momentum.

Action was lively on the cryptocurrency market, but that wasn't necessarily good news.

Volatility has continued to rock the digital currency ecosystem with Bitcoin (BTC), Chainlink (LINK) and Dogecoin (DOGE) in the spotlight. Current market data shows the combined crypto market cap dropping by 2.05% to $2.28 trillion.

Chainlink (LINK) creator Sergey Nazarov says a major milestone has been reached in its partnership with payments giant SWIFT. In a new speech at the Sibos 2024 conference in Beijing, Nazarov says that Chainlink has developed a system that connects the traditional finance (TradFi) world with blockchain functions.

Chainlink's LINK has experienced consistent negative netflows on exchanges in the past month. The trend signifies the asset is being accumulated as investors transfer the crypto asset from exchanges to self-custody wallets.

Amid ongoing bearish market sentiment, a whale seized the opportunity in Chainlink (LINK) and made a notable purchase. On October 23, 2024, the blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that a crypto whale wallet address “0x9cE” had purchased a significant 222,677 LINK tokens worth $2.55 million. Whale Adds $2.

TL;DR Chainlink, in collaboration with Swift, will launch a blockchain payment solution for financial institutions. The integration will allow institutions to use Swift messaging standards to interact with blockchain technology. The Blockchain Privacy Manager will be introduced, which will improve privacy in transactions.

Chainlink's collaboration with Swift allows institutions to use Swift messages to interact seamlessly with blockchain technology.

Internet Computer was the only gainer, rising 2.3% from Tuesday.

Chainlink and Swift have introduced a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure.

With Bitcoin price stable at $67,000 and Chainlink (LINK) at $11.73, investors are seeking other promising options in the cryptocurrency market for significant profits. Chainlink is now a prominent figure in the decentralized oracle industry, offering vital data feeds that improve the performance of smart contracts.

On-chain movements for ChainLink look bearish as the asset dips again. Some investors are trying to either take profits or offset losses.

Chainlink (LINK), a prominent player in the cryptocurrency market, is capturing attention as it experiences notable upward momentum. Recent market performance indicators and technological advancements suggest that LINK could be on the verge of significant price surges.

Chainlink introduces CCIP Private Transactions, enabling secure cross-chain settlements for financial institutions.

During Tuesday's U.S. market session, the Chainlink price surged 2.2% to $11.97, while the market cap jumped to $7.51 Billion. This uptick is fueled by a bullish chart pattern and market speculation of BlackRock's partnering with LINK to tokenize securities.

Blockchain oracle provider Chainlink has provided the results of an experiment to improve corporate actions data reporting using artificial intelligence and blockchain.

Chainlink (LINK) price is up roughly 4.5% in the last 24 hours and 8.2% over the past week, signaling renewed momentum. This recent growth has been supported by increasing whale accumulation and rising RSI, reflecting positive sentiment.

Attention has turned to a possible LINK price breakout especially following today's announcement by Chainlink introducing two cutting-edge features designed to enhance confidentiality in institutional transactions, marking significant advancements in blockchain privacy for financial institutions.

The new feature introduces complete privacy and compliance in institutional-grade cross-chain transactions.

With end-to-end encryption and selective data sharing, Chainlink offers financial institutions a practical way to secure cross-chain transactions without compromising on privacy.

Chainlink launches CCIP Private Transactions with ANZ Bank as first major adopter, enabling confidential cross-chain transactions for financial institutions while maintaining regulatory compliance.

Chainlink is exploring encryption services for institutional users that go through the native CCIP chain. The oracle producer aims to mix private and public chains while building its own encryption and decryption package.

TL;DR Chainlink launched an AI-powered on-chain database for corporate actions, collaborating with major financial institutions to reduce inefficiencies and inaccuracies, potentially saving millions annually. Introduced CCIP Private Transactions, enabling financial institutions to maintain data confidentiality and regulatory compliance in cross-chain transactions, with ANZ piloting this feature.