Asset tokenization solution Backed, layer-1 blockchain Sonic, and on-chain finance platform Chainlink have teamed up to tokenize Fortlake Asset Management's Sigma Opportunities Fund. Backed, Sonic (S) – formerly Fantom (FTM) – and Chainlink (LINK) announced their collaboration on Dec.

Backed, an asset tokenization platform, has teamed up with Sonic, an Ethereum Virtual Machine-compatible (EVM) blockchain, and Chainlink (LINK), an on-chain finance platform, to tokenize Fortlake's Sigma Opportunities Fund, ccording to reports shared with Finbold on Wednesday, December 4.

It's simple to understand why Chainlink (LINK) has recently drawn attention in the cryptocurrency community. The digital asset has experienced a remarkable 40% increase in just one week.

Backed, Chainlink, Sonic, and Fortlake Asset Management announced a partnership to tokenize Fortlake's Sigma Opportunities Fund, marking a significant milestone in the process of taking traditional financial assets to the blockchain.

Chainlink (LINK) has made a strong comeback in the cryptocurrency market, emerging as one of the top gainers among the top 20 digital assets. Despite mixed signals from its technical indicators, the price of LINK shows potential for a significant rally, with a price target of $30 if it can break through its current resistance levels.

The price of Chainlink (LINK) has reached its highest point in nearly three years, touching $26.90 on December 2, 2024. This marks a significant milestone for the cryptocurrency, breaking through levels of resistance that had been in place for over a year.

Chainlink surged to $25.08 with a market cap of $15.87 billion. Technical indicators suggest further growth.

LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.

LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.

Large investors are concluding their long-term trades in top-performing tokens in a bull market. Amid the profit bookings, the whales are quick to exit some RWA tokens. Will the sell-off shock drop the RWA momentum?

Chainlink's (CRYPTO: LINK) impressive rally is backed by strong fundamentals, a key strategic partnership and growing sentiment among traders that the altcoin remains undervalued. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $24.00 $15.05 billion +14.5% +42.8% XRP (CRYPTO: XRP) $2.61 $148.7 billion +7.4% +91.9% Stellar (CRYPTO: XLM) $0.523 $15.7 billion -0.01% +18.3% Trader Notes: WeRate co-founder Quinten Francois said on X on Tuesday that LINK is “highly illiquid,” with long-term holders dominating the market and unwilling to sell below $100.

The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems. The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.

Chainlink (LINK) has captured the spotlight with a remarkable rally, surging 26% on December 3 to hit $26.32, its highest level since January 2022. This rise has sparked speculation about the token's year-end potential, fueled by bullish market sentiment, whale activity, and institutional adoption.

Chainlink has seen a dramatic increase in its prices, soaring by over 36% to reach almost a two-year high.

XRP drops 12.60% as altcoins like Chainlink (LINK), The Sandbox (SAND), and VeChain (VET) rally. Technical charts highlight upside potentials and key risks ahead.

Chainlink price has started the month well, surging to its highest level in almost three years. The rally was driven by the start of the altcoin season and its role in the oracle industry.

In the ever-evolving crypto landscape, Chainlink (LINK) and Shiba Inu (SHIB) represent two significant approaches.

Over the past 24 hours, Chainlink (LINK) has seen a significant increase in whale activity and price. In the past day, whale activity on the Chainlink network has skyrocketed by an astonishing 1,219%, coinciding with a sudden 31% jump in the price of LINK.

Chainlink's rally breaks key resistance levels, with a massive green candle on the weekly charts. As on-chain data supports the upcoming rally, technical analysis reveals critical price targets ahead.

Chainlink's price hit a three-year high of $26.90 while a major investor accumulated $6.68 million worth of tokens, accompanied by a 930% surge in trading volume and 58% increase in futures market open interest.

Chainlink led the gainers over the past day following a remarkable 36% surge during the 2 December late trading session. LINK has presented remarkable price actions the previous month, soaring from the $11 vicinity early in November to its recent peak, representing the highest level since January 2022.

Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction.

A Chainlink whale has caught the attention of crypto market enthusiasts, heavily accumulating the crypto amid its recent price rally. On-chain data on Tuesday pointed out that a whale bagged nearly $6 million worth of the token, sparking optimism on the asset's future movements.

The blockchain oracle provider has seen its native token skyrocket following an announcement of a new partnership to tokenize securities in Europe.

Cryptocurrency whales have been traced to have accumulated hundreds of thousands of LINKs on the past day of trading.

21x, a European fintech company, partnered with Chainlink to offer EU-compliant services. The EU's MiCA regulations have radically transformed European crypto markets, creating new opportunities.

Chainlink (LINK) price emerges as one of the biggest gainers among the top 20 cryptocurrencies in the last 24 hours, despite showing mixed signals in its technical indicators.

Chainlink's LINK token shows strong performance in the crypto market, surging 22.4% in 24 hours amid broader altcoin momentum, while the network continues expanding its enterprise partnerships and real-world asset capabilities.

Chainlink (LINK) rallied to levels not seen since early 2022, on an expected partnership announcement this December 10. Chainlink also partnered with EU fintech firm 21X, to act as oracle for on-chain settlement of tokenized securities.

Chainlink (LINK), one of the crypto market's most prominent assets, has broken free from a multi-year symmetrical triangle pattern that dates back to 2021. This breakout marks a significant shift in LINK's price trajectory, signaling a bullish momentum that could propel the token to new heights.

21X, a platform for tokenized money and securities, has announced a partnership with Chainlink to launch Europe's first EU-regulated tokenized securities market.

LINK price has risen sharply as the market picks up DeFi momentum, with the sector's Total Value Locked rising by $10 billion to $126 billion.

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.

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.