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.
Avalanche (AVAX) is making waves in the crypto market as its price approaches the significant $50 resistance level. The bulls have shown impressive strength, fueling optimism for a potential breakout.
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.
Following the bullish momentum sweeping the crypto market, Avalanche price is setting its sights on a potential $70 target. The digital asset has gained traction, showing promising signs of a breakout as market enthusiasm grows.
Avalanche (AVAX) is turning heads again. Its price has jumped an impressive 9.45% in the past 24 hours, but the buzz isn't just about numbers. Behind the scenes, rumors of political connections and comparisons to Ripple (XRP) are fueling big hopes.
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.
Amidst growing whale accumulation and institutional interest, looks like altcoins are all poised for explosive growth ahead. With Bitcoin dominance falling and altcoins registering massive gains, the altcoin season might just be around the corner.
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.
In a bid to boost optimism, the Avalanche community recently revealed that it commenced talks with the upcoming U.S. administration, sparking market discussions globally. Ava Labs CEO Emin Gün Sirer unveiled on Monday that Ava Labs is in talks with the Trump administration.
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?
Avalanche (AVAX) stands as one of the most promising blockchain platforms with significant potential for growth. After reaching an all-time high of $146.22 in November 2021, the price of AVAX has faced volatility, but the future still looks bright.
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.
AVAX rallies 167% after August lows but faces key resistance at $48. Can Avalanche rally to $100?
Maker rebounds strongly, surging 3.67% daily, with bullish momentum targeting $2200 resistance levels.
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.
It has been a memorable Q4, from pro-crypto candidate Donald Trump's win in the US election to the exploding crypto market. Despite the slight dip in price, Solana (SOL) regained $240 while Avalanche (AVAX) picked up steam. At the same time, interest in IntelMarkets (INTL), a new AI coin, skyrocketed.
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
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.
November was marked by Bitcoin reaching a new all-time high, with other coins like Solana and SUI following its lead. Although the altcoins season may not be here yet, as BTC continues to dominate the charts, projects like Virtual Protocol (VIRTUAL), Pyth Network (PYTH), and Raydium (RAY) are showcasing impressive growth.
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.
Avalanche (AVAX) has recently shown signs of bullish movement, and the possibility of a breakout that could push the price to $65 is becoming more likely. With recent developments on both the price chart and on-chain activity, traders are closely monitoring key levels that could indicate further upward momentum.
The Fibonacci retracement levels noted the $0.00277 and $0.00211 as the imminent support levels that buyers could force a reaction from.
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
SEI's technical indicators and rising user engagement suggest it could continue its upward trajectory.
Avalanche (AVAX) price has gone against the tide this week, staying on the upward trajectory as the rest of the market slumped. The resilience is attributed to the recent Avalanche9000 testnet, the largest upgrade since the mainnet launch.
With a rounding bottom breakout rally in the AVAX price trend gaining momentum, the bulls are back at play. As the $40 breakout is inching closer to surpassing the $50 psychological mark, buyers anticipate a new 52-week high.
The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.
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.
AVAX tests critical $38.57 support while showing strong network growth with a 28.56% increase in active addresses and $1.362 billion in Total Value Locked.
Next few days could be critical for AVAX's price action on the charts.
Avalanche (AVAX) has become one of the most closely watched cryptocurrencies in recent years, especially as it continues to gain traction among investors and developers alike. As the broader market enters what many are anticipating to be a new bull cycle, AVAX is expected to play a key role in this potential surge.
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.
As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.
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.
Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.
Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.
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.