Cryptocurrencies traded in the green today as bulls flexed after Monday's crash. Amidst the optimism, Chainlink (LINK) stole the show as it touched price levels not seen since November 2021. LINK's outperformance follows massive institutional purchases. Blockchain data shows Donald Trump's World Liberty Financial (WLFI) splashed millions to purchase Chainlink, Ethereum, and AAVE.
Chainlink (CRYPTO: LINK) soared 22% in 24 hours, bringing its month-over-month performance to 93% as fundamental developments point to a bullish future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $27.80 $17.4 billion +22% +14.8% Avalanche (CRYPTO: AVAX) $49.86 $20.4 billion +9.9% -5.5% TRON (CRYPTO: TRX) $0.2963 $25.6 billion +8.2% -12.4% Trader Notes: Crypto trader Altcoin Sherpa advises traders to look for demand zones on lower timeframes, targeting $25 for short-term scalping.
Chainlink (LINK) is approaching $30, after expanding its presence for cross-chain and oracle services. The recent rally also coincided with a large-scale whale purchase of above $4.94M.
Chainlink (LINK) recently experienced its first weekly drop in a month, as the crypto market took a bloodbath after a strong rally. This dip is in line with other altcoins like Ethereum and Cardano, which also saw some retreat. Despite this short-term correction, many analysts believe LINK is poised for a strong rebound.
Chainlink leads the DeFi token rally with a 26% surge, reaching $28.73. With a wedge breakout starting a six-week rally, bulls target key resistance levels. Furthermore, with on-chain data showing a massive surge in whale holdings, a dormant whale is back for more.
World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed that WLFI acquired 2,631 ETH for $10 million at $3,801 per token.
Chainlink price rose sharply on Thursday as its rising adoption by institutional investors drew in Trump-backed World Liberty Financial.
After two years of significant struggles, in recent days it has been outperforming Bitcoin and Ethereum in the crypto markets.
A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart.
Chainlink (LINK) is outperforming major cryptocurrencies and solidifying its role as a leading blockchain oracle. With strategic partnerships, will LINK hit $50 soon?
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
Trump's World Liberty Financial has made a bold move in the crypto space, significantly increasing its holdings in Ethereum, Aave, and Chainlink (LINK). As a result, ETH jumped by 8%, Aave gained 33%, and Chainlink price shot up 30%.
Bitcoin price is back above $100K! After juggling below the levels for a couple of days, the token raised, squashing the bearish possibility This shook up the entire market, while positive rounds around the popular tokens like ETH, LINK, & AAVE attracted double-digit gains.
World Liberty Financial (WLFI) recorded transactions with millions of dollars of USD Coin (USDC) to acquire more Altcoins; suddenly, the price surged.
Chainlink price is on track for the first weekly drops in a month as the recent rally in the cryptocurrency industry took a breather. Its retreat has mirrored that of other altcoins like Ethereum and Cardano.
Coinbase integrates Chainlink's CCIP into Project Diamond for enhanced cross-chain asset management under ADGM regulation, with Peregrine PSG Digital as its first major user.
Chainlink has partnered with Coinbase's Project Diamond to enhance tokenized asset management with interoperability and regulatory compliance in the Asia-Pacific region.
Chainlink Labs announced the expansion into the MENA region with an office in Abu Dhabi to feed the local demand in a regulated manner.
Chainlink Labs has officially set up an entity in the Abu Dhabi Global Market (ADGM), marking its entry into the Middle East and North Africa (MENA) region. This development positions the blockchain interoperability leader to cater to the growing demand for decentralized finance solutions in the area.
Chainlink (LINK) has shown promising signs in its price action, with technical indicators pointing to the possibility of a significant price surge. Analysts are optimistic about the cryptocurrency's future as it has formed a notable ascending triangle pattern, which typically signals a continuation of the current trend.
Chainlink has partnered with Coinbase's Project Diamond, the latter being Coinbase's digital asset platform designed for global institutions.
Coinbase announced that it's adopting the Chainlink standard for Project Diamond, a digital asset platform for global institutions. The Project's flagship user will be Peregrine, a PSG Digital subsidiary based in Abu Dhabi.
Coinbase's Project Diamond has adopted the Chainlink Standard to drive institutional adoption of digital assets, according to a Dec. 10 statement shared with CryptoSlate. Project Diamond, managed by Coinbase Asset Management, focuses on serving institutional users outside the US.
Chainlink has integrated its Oracle network with Coinbase's Project Diamond, a digital asset platform designed for institutional adoption. This partnership will enhance the lifecycle management of tokenized assets, ensuring interoperability between public and private blockchains.
Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase's Project Diamond.
Coinbase has announced the integration of Chainlink's cross-chain interoperability technology into its Project Diamond platform to accelerate institutional adoption of digital assets. Project Diamond is Coinbase's compliant digital asset platform designed to facilitate crypto adoption for global institutions.
Chainlink witnessed double-digit price declines in the last 24 hours, and things might get worse.
Chainlink price has recently faced a market correction following its impressive rally over the past month. The LINK price has seen a bullish trend recently following the crypto market, with BTC hovering above $98k.
Technical analysis reveals Chainlink forming an ascending triangle pattern below $27 resistance, with multiple indicators suggesting potential for a 30% price increase to $33, though recent bid-ask data shows increasing sell pressure.
The crypto market is plunging down! The drop in the Bitcoin price has slashed the prices of the majority of the tokens, including Chainlink & Litecoin. Meanwhile, as the markets are trying to cope with the massive sell-offs, the bulls seem to be confident of these two top tokens.
The resistance level at around $27 could be decisive, as a break above this level could confirm a bullish breakout for Chainlink.
Chainlink (LINK) might witness a breakout as several metrics favor the cryptocurrency in the last three weeks. Notably, data shared by IntoTheBlock, a market intelligence platform on X, show promise.
Chainlink Price has experienced a significant surge since early November, climbing 80% and reaching its highest point since January 2022. The cryptocurrency maintained a strong uptrend for three weeks before encountering a mild market correction.
Chainlink (LINK) is currently in the spotlight as it inches closer to its three-year price peak. With a 7.22% price surge over the last 24 hours, LINK is trading at $24.96, just 10.8% below its three-year high of $27.89 reached in January 2022.
It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.
Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.
Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.
Chainlink's price surge coincides with a 177% rise in trading volume and a boom in whale holdings. The technical analysis targets $32, but the rising adoption and Chainlink's role in Brazil's CBDC project hint at an extended rally.
Chainlink continues to expand its use cases with multiple collaborations. In a recent update, the platform has joined Banco, Microsoft, &COMm in phase 2 of Brazil's BRX CBDC pilot. Besides, the platform's adoption rate has been soaring, suggesting a positive impact over its native token, LINK, which has broken above the range.
By breaking below the $25.50, LINK price is signaling a potential bearish takeover. However, on-chain metrics offer reprieve.
Chainlink (LINK), the decentralized oracle network, is showing signs of a potential breakout towards its all-time high (ATH) of $52. With the market watching closely, LINK's current price of $25.50 presents an opportunity for a 40% rally.
In the last seven days, the price of Chainlink (LINK) has climbed by 36.55%, bringing the token's value to its highest level since January 2022. This increase coincides with a broader altcoin rally that has seen many cryptos erase a big bunch of the losses accrued over the last few months.
With $30 within reach, LINK's journey depends on bulls making a timely and strategic move to seize the opportunity before it slips away.
Over the past week, the cryptocurrency market was not particularly on that impressive streak many investors may have now become accustomed to. However, the large-cap altcoins seem to have woken from their slumber to close the week, with the Chainlink price showing good signs of recovery after falling into a consolidation range.
Story Highlights The LINK price records a new 52-week high of $26.77 with a trading volume of $1.72 billion. A potential breakout rally could push the price of this altcoin toward the $32 mark. Technical indicator EMA 50/200-day record a Golden Cross in the daily time frame.
On-chain charts show that Chainlink (LINK) has registered up to a 7.22% increase in price to $24.96 over the past 24 hours. This places the token at about 10.8% from its three-year peak attained in January 2022.
Chainlink has emerged as one of the top-performing altcoins with 45% gains on the weekly chart. The LINK price surged all the way to $26.7 levels for the first time since January 2022, after giving a crucial breakout above $20.
