Donald Trump's historic win in the 2024 U.S. elections on November 6 is sparking renewed excitement in the crypto industry, especially as his pro-crypto promises have invigorated investors.

Chainlink positions LINK as a universal gas token, fueling price growth with increasing adoption.

Story Highlights The live price of the LINK token is Chainlink crypto price may reach a potential high of around $60 by the end of 2024. Chainlink price, with a potential surge, may reach up to $253.51 by the end of 2030.

Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.

Chainlink (LINK) has caught the eye of analysts and investors alike, as its price surges to new heights, breaking long-standing resistance levels. As the cryptocurrency market sees a major bullish rally, one prominent macro investor, Sam, has predicted that Chainlink could not only surpass its current price levels but could ultimately outpace Ethereum in market capitalization by the end of the bull market.

LINK surges 31% to $14.21. Can it break the $15 resistance?

Chainlink price has not been left behind by the bull market. Breaking above a three-month resistance, the LINK price has re-established itself back in a bullish trend.

Chainlink (LINK) is currently experiencing significant momentum in the cryptocurrency market, leading to speculation that its value may increase to $30 in the near future. LINK, which is currently trading at approximately $13.45, has recently experienced a surge in price momentum, which is attributed to a number of critical factors that indicate additional upside potential.

ICP's bullish momentum may help it break out on the charts soon.

Chainlink (LINK) has surged impressively over the past few days, breaking above the critical $13 resistance level and posting a remarkable 35% gain. This recent breakout has ignited optimism among analysts and investors, as LINK has faced strong resistance around the $13 mark since late July, struggling to sustain any upward momentum.

Chainlink (LINK) price has recently broken free from a three-month consolidation range, signaling a possible uptrend as it aims for $14 and potentially higher.

Whale activity has surged, and LINK is profiting from it all!

Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.

Chainlink's price momentum has recently sparked speculation of a possible rally to $30, as key technical indicators align. Analysts World of Charts suggest that LINK, currently trading around $13.67, may be poised for further growth if it breaks above a crucial descending trendline that forms the top of a bullish flag pattern.

Chainlink (CRYPTO: LINK) co-founder Sergey Nazarov on Friday said “the party's back on” for cryptocurrency markets, predicting substantial industry growth amid potential changes in the U.S. regulatory landscape under Donald Trump‘s presidency. What Happened: “This is just the beginning basically.

Chainlink price rose for four consecutive days and retested an important resistance level. LINK surged to a high of $12.97 as BlockTower Capital started buying DeFi tokens.

Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.

Bitcoin has been making headlines lately as it continues to break new records, most recently soaring past $76,203. This surge comes in the wake of Donald Trump's victory in the 2024 U.S. presidential election, which has renewed optimism in the broader cryptocurrency market.

Chainlink (LINK) is showing strong signs of recovery after a period of bearish movement. With a recent 11% price surge in just 24 hours, LINK is currently trading at $11.85 at press time.

It appears that the bull market has officially begun, as the majority of cryptocurrencies are on the verge of a breakout. Today, on November 8, 2024, Chainlink (LINK) looks bullish, having formed a bullish price action pattern and being on the verge of a breakout.

The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.

With Bitcoin smashing all-time highs daily, recently reaching $76,203, Donald Trump's win in the U.S. presidential race has been a major catalyst, fueling bullish sentiment in the market. This Bitcoin rally is beginning to spread across other cryptocurrencies, especially Chainlink (LINK), which now shows signs of a bullish breakout.

Activity on the Chainlink blockchain is rising, which could further fuel gains.

Private market exchange ADDX, Australia and New Zealand Banking Group (ANZ), and Chainlink have launched an innovative solution for cross-border transactions involving tokenized commercial papers, according to a Nov. 6 statement. The project utilizes ADDX's investment platform, ANZ's Digital Asset Services, and Chainlink's Cross-Chain Interoperability Protocol (CCIP) with its Private Transactions functionality.

The trading volume of LINK increased by 78.85% in the past 24 hours to $499 million while its market cap stood at $7.41 billion, making Chainlink the 14th-largest cryptocurrency.

Despite the remarkable network growth in Internet Computer Protocol, ICP price remained muted.

Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

SWIFT, UBS Asset Management and blockchain oracle provider Chainlink (LINK) have joined forces to successfully complete a pilot for settling tokenized transactions on the Swift network. According to a new announcement from Swift, the initiative allows for digital asset transactions to settle off-chain with fiat payment systems all over the world.

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In partnership with UBS Asset Management and Chainlink, Swift has completed a pilot program designed to streamline tokenized fund transactions through its established financial network.

The DFINITY Foundation, the Swiss-based organization behind the Internet Computer blockchain, has released its 2024 Ecosystem Report, highlighting significant growth in the blockchain's interoperability technology.

The pilot was run as part of the Monetary Authority of Singapore's Project Guardian.

Chainlink (LINK) reaches out to banks and regulators to test potential solutions for cross-chain communication and settlements using the Swift system.

ChainLink (LINK), a leading decentralized Oracle network, is evolving with a recent tokenization partnership with SWIFT and UBS Asset Management. The integration has fueled positive sentiment across the ecosystem, with LINK's price experiencing a bullish rebound.

Swift, the global bank messaging network, announced on Nov. 5 that it has concluded a pilot program to streamline tokenized fund settlement and redemption using fiat currency on its network in collaboration with UBS Asset Management and Chainlink.

In collaboration with UBS Asset Management and Chainlink, Swift has concluded a pilot program aimed at simplifying tokenized fund transactions using its existing financial network.

Swift, UBS, and Chainlink advance tokenized asset integration, enabling fiat settlement of digital fund transactions for global adoption. The post Swift, Chainlink and UBS pilot brings tokenized assets to traditional finance systems appeared first on Crypto Briefing.

From the MAS Guardian Project to accessible and integrated digital finance

The Chainlink ecosystem has grown in the past few years backed by reputable Web3 companies and financial institutions seeking to offer scalable smart contracts.

Recently, in a pilot program, Swift, along with UBS Asset Management and Chainlink , showed a new way to settle tokenized fund transactions, aiming for greater market efficiency and liquidity. Through the Monetary Authority of Singapore's Project Guardian, a global group uniting industry leaders and policymakers, the pilot tested Swift's infrastructure to allow off-chain cash

TL;DR Swift, UBS Asset Management, and Chainlink completed a successful pilot to process tokenized fund transactions using traditional payment infrastructure. The initiative, part of the Monetary Authority of Singapore's Project Guardian, connects over 11,500 financial institutions through Swift.

Key Points:

Global financial messaging network, Swift, UBS Asset Management, and Chainlink have launched a groundbreaking pilot program to settle tokenized fund transactions. This initiative could change the way we invest in digital assets, making transactions faster and more efficient.

Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.

UBS Asset Management, Swift and Chainlink have completed a pilot project allowing the settlement of tokenized fund subscriptions and redemptions using the Swift network. The post Swift, UBS, and Chainlink Complete Pilot for Settling Tokenized Funds appeared first on Cryptonews.

Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.

Chainlink price on the weekly timeframe just broke below a crucial support level, risking a 45% crash. This decline follows the asset hitting a 50-month low against Bitcoin (BTC).