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.
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.
Aptos (APT) is standing out as a notable performer. While the overall market has experienced a slight correction of 1.92% over the past 24 hours, Aptos has defied the bearish trend, posting a remarkable gain of approximately 8%.
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.
Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.
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.
The 1-month lookback period liquidation heatmap outlined the $11.2-$11.4 area and $9.4-$9.6 area as magnetic zones.
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.
IntelMarkets' AI-powered trading platform sets the stage for massive growth—a better alternative than Ripple (XRP). Meanwhile, Avalanche (AVAX) launched a crypto card.
In this article, we look at the most relevant news in the crypto sector involving the Monero, Aptos, and JasmyCoin projects.
Avalanche has launched a new Visa card enabling zero-fee crypto payments, marking a significant step toward mainstream adoption.
The Avalanche Foundation has announced a partnership with Visa for their recently launched Avalanche Card.
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.
Strong trading volume would be needed to break AVAX past local resistance zones.
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.
The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations.
The price of Avalanche (AVAX) is rising after rising above the moving average lines.
Smart contracting platform Avalanche has unveiled a crypto-powered Visa Card for crypto users. The card will exist in both physical and virtual versions to allow cardholders to spend their crypto both online and offline when paying for goods and services.
Avalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted. The card will initially be available to Latin American and Caribbean residents, excluding specific regions and countries.
Avalanche launches a Visa card for crypto payments in Latin America and the Caribbean, enabling direct spending from a self-custody wallet. The post Avalanche launches Visa crypto card for users in LaTAM appeared first on Crypto Briefing.
In the past few weeks, Layer 1 (L1) blockchain Aptos (APT) has witnessed a significant surge in network activity. User activity on the Proof-of-Stake (PoS) network has climbed to multi-month highs, driving the value of its native token, APT, to new heights.
Avalanche (CRYPTO: AVAX) has launched the Avalanche Card, a crypto payment card that allows users to make purchases at any Visa-accepting location using their digital assets. This card supports cryptocurrencies such as USDC (CRYPTO: USDC) and AVAX, enabling holders to spend their crypto as easily as traditional currency.
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 Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.”
Avalanche has introduced a new Visa card allowing users to spend cryptocurrencies like WAVAX, USDC, and sAVAX at any location that accepts Visa.
Popular cryptocurrency Aptos (APT), which currently sits at number 19 on the cryptocurrency market cap rankings, is seeing a major development on its price chart, and it is bullish. We are talking about the golden cross - an intertwining of the 200-day and 50-day moving averages, where the smaller crosses the larger in an upward direction.
Avalanche has taken a significant step toward integrating cryptocurrency into everyday financial transactions by launching the Avalanche Card. This card enables users to make payments using their crypto assets at any Visa-accepting location.
TL;DR Seamless Crypto Spending: The Avalanche Visa Card allows users to spend cryptocurrencies like WAVAX, USDC, and sAVAX at any Visa-accepting merchant, with real-time crypto-to-fiat conversion. Advanced Security: Features include multi-factor authentication, biometric verification, spend alerts, and the ability to freeze the card or change the PIN, ensuring user funds and information are protected.
Avalanche price has dropped despite the announcement of a new payments card for users
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.
Aptos (APT) price is largely attributed to a significant increase in total-value-locked (TVL), which hit an all-time high of $920 million.
The crypto market has been in a corrective phase for the last couple of days. However, both Aptos ($APT) and Kaspa ($KAS) have bucked this trend.
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.
The private transactions allow institutional users to define privacy conditions in a way that keeps onchain data private from all third parties and adversaries.
Chainlink's LINK token has surged to its highest point since late September, driven by the Oracle network's introduction of a privacy-focused technology that helps financial institutions. Following the news, data from CryptoSlate shows that LINK's price peaked at $12.16 before slightly dipping to $12.01 at the time of writing.