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LINK Price   

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LINK

Chainlink  

#LINK

LINK Price:
$7.20
Volume:
$0.2 B
All Time High:
$52.85
Market Cap:
$3.7 B


Circulating Supply:
507,999,970
Exchanges:
134
Total Supply:
1,000,000,000
Markets:
260
Max Supply:
1,000,000,000
Pairs:
63



  LINK PRICE


The price of #LINK today is $7.20 USD.

The lowest LINK price for this period was $0, the highest was $7.20, and the current live price for one LINK coin is $7.19833.

The all-time high LINK coin price was $52.85.

Use our custom price calculator to see the hypothetical price of LINK with market cap of ETH or other crypto coins.


  LINK OVERVIEW


The code for Chainlink is #LINK.

Chainlink is 5.4 years old.


  LINK MARKET CAP


The current market capitalization for Chainlink is $3,656,750,565.

Chainlink is ranked #20, by market cap (and other factors).


  LINK VOLUME


There is a very large volume of trading today on #LINK.

Today's 24-hour trading volume across all exchanges for Chainlink is $208,574,198.


  LINK SUPPLY


The circulating supply of LINK is 507,999,970 coins, which is 51% of the maximum coin supply.


  LINK BLOCKCHAIN


LINK is a token on the Ethereum blockchain, and has digital contracts with 14 other blockchains.

See list of the LINK Blockchain contracts with 15 different blockchains.


  LINK EXCHANGES


LINK is well integrated with many pairings with other cryptocurrencies and is listed on at least 134 crypto exchanges.

View #LINK trading pairs and crypto exchanges that currently support #LINK purchase.


  LINK RESOURCES


Websitechain.link
Whitepaperresearch.chain.link/whitepaper-v2.pdf?_ga=2.202988...
Twitterchainlink
Redditr/chainlink
Telegramchainlinkofficial
Discorddiscord.gg/aSK4zew


  LINK DEVELOPER NEWS



Arbol Hires Jeffrey Khoo to Lead the Company’s Expansion into APAC

Arbol Will Open its APAC Office this Fall Based in Singapore NEW YORK (October 4. 2022) — Arbol Inc. (Arbol), a global climate risk solutions platform, today announced the hiring of Jeffrey Khoo as part of the company’s expansion strategy into APAC. Mr. Khoo will serve as Arbol’s Vice Chairman, APAC. He most recently served as Chief Marketing Officer at ED Broking and before that served as Head of Food and Agriculture Sales, Asia at Swiss Re Corporate Solutions. He brings to Arbol decades of experience across the agriculture and insurance sectors and will help oversee the launch of the company’s APAC operations this fall in Singapore. “Jeffrey is a respected and influential leader in the agricultural space who brings to Arbol decades of invaluable experience in key sectors where we have positioned ourselves as a global leader in parametric climate solutions,” said Sid Jha, Founder and CEO, Arbol. “Arbol is well positioned to fill a gap in the market for customizable, data-driven climate risk solutions and parametric insurance across APAC and we are excited about the potential for working with companies in the region.” “I am excited to join Arbol and help make the company a leader in parametrics and climate risk solutions across APAC,” said Jeffrey Khoo. “APAC needs data-driven, parametric climate risk solutions to help address the sizable coverage gap that exists for climate and weather related event...




Singlife with Aviva Partners with Arbol to Launch First Rainfall Protection Cover for Travelers in…

Singlife with Aviva Partners with Arbol to Launch First Rainfall Protection Cover for Travelers in Singapore - Singlife with Aviva, a homegrown financial services company, has introduced Rainfall Protection cover for travelers, in partnership with Arbol Inc, a global climate risk solutions platform. Singlife is the first insurer in Singapore to offer this innovative parametric insurance product designed to help consumers manage the impact of unexpected weather conditions in an increasingly volatile environment. Singlife will pay up to S$150 to travelers whose single trip plans are disrupted by heavy rainfall. All countries and regions globally are included in the Rainfall Protection coverage, with the exception of certain countries in the Middle East and Africa. Pan Jinglong, Head, General Insurance, Singlife with Aviva, said: “We are pleased to be the first insurer in Singapore offering this innovative Rainfall Protection coverage, which adds another dimension to our comprehensive and award-winning travel insurance portfolio. Singlife has taken a significant step in advancing the next generation of sustainability-centric insurance solutions, leading the way for our industry to prepare our customers for evolving climate conditions during their travels.” This solution is underwritten in collaboration with Arbol. The company leverages cutting-edge technologies such as smart contracts and artificial intelligence underwriting...




Arbol Platform Transacts $100 Million+ in Gross Written Premium in First Half of 2022

Arbol Inc. (Arbol), a global climate risk solutions platform, today announced it transacted $100 million+ in gross written premium (GWP) in the first half of 2022. The 100 million+ transacted through the Arbol platform in 1H of 2022 is greater than all GWP ($70 million) transacted in 2021. Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze, manage and transfer climate risk. Arbol’s products offer parametric coverage which pays out based on objective data triggers rather than subjective assessment of loss. “The traction and scale the Arbol platform continues to see is a testament to the market demand for end-to-end parametric climate risk solutions,” said Sid Jha, Founder and CEO, Arbol. “As volatile weather conditions like record droughts in Texas continue to hurt expected crop yields for agribusinesses and farmers, the need for data-driven and objective financial products like insurance have never been more essential. Parametric coverage, powered by next generation technology and data has the ability to bring both better efficiency and transparency to the weather risk market while chipping away at the sizable global coverage gap for climate disasters.” The premium transacted in the 1H of 2022 came from businesses in the agriculture, energy (traditional and renewable), and reinsurance sectors. Premium sizes booked through Arbol’...




Arbol Forms First Captive Insurance Company Focused on Climate Risk Management

Formation of Climate Risk Insurance Company Enables Arbol to Offer Customized Climate Risk Management Solutions for Corporations. — Arbol, a global climate risk solutions platform, today announced the formation of Climate Risk Insurance Company, the first captive insurance company dedicated to climate risk management. Climate Risk Insurance Company is a Connecticut domiciled sponsored captive focused on helping businesses and corporations manage a range of climate risks, like temperature, rainfall, and catastrophic storms. Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze, manage and transfer climate risk. Arbol’s products offer parametric coverage which pays out based on objective data triggers rather than subjective assessment of loss. Last year, Arbol launched Captive+Parametric, a first of its kind risk management solution for enabling corporations to simply and effectively assess and manage emerging risks like climate and weather using captives. “Arbol provides a full service, end-to-end risk management and transfer solution for managing climate risks using a technology and data driven platform,” said Hong Guo, Chief Insurance Officer, Arbol. “The formation of Climate Risk Insurance Company further extends Arbol’s services towards climate risk retention and management. We are excited about our capability to help corporat...




Arbol Appoints Charlie Kornberger As Chief Revenue Officer and Deputy CFO

Arbol Inc. (Arbol), today announced that Charlie Kornberger has joined the company as Chief Revenue Officer and Deputy CFO. He will oversee all revenue generating programs and operations for the company and its subsidiaries. “We are excited to have an impactful financial services and banking executive of Charlie’s caliber joining Arbol’s ranks to help lead our next phase of growth as we look to continue rapidly expanding our overall franchise and product offerings,” said Siddhartha Jha, Founder and CEO, Arbol. Charlie joins Arbol from Standard Chartered Bank, where he most recently served both as Global Head of Insurance Banking and Head of Financial Institutions for the Americas. Charlie successfully led large specialized businesses and leveraged client teams across multiple sub-sectors and geographies during his tenure. Charlie originally joined Standard Chartered in August 2013 as the bank’s Regional Head of Insurance Coverage for the Americas and previously held leadership positions with Credit Agricole Corporate & Investment Bank, Chase Securities, and Salomon Brothers. Charlie has over thirty years of corporate and investment banking and senior leadership experience across financial markets, risk management, capital markets, M&A, asset management, insurance-linked securities, risk transfer solutions and transaction banking services. “I’m thrilled to have joined the leadership team of Arbol, which i...




Arbol’s Blockchain-Powered Platform Transacts $70 Million in Premium in 2021

Arbol is Cash Flow Positive As Total Premium Transacted Grew From $2.2 Million in 2020 to $70 Million in 2021 Arbol, a global platform for data and blockchain powered climate risk solutions, today announced it transacted $70 million in gross premium in 2021. This marks significant growth and traction for the Arbol platform, which in 2020 transacted $15 million in notional risk and $2.2 million in gross premium. Highlighting Arbol’s focus on a sustainable business model, the company’s risk capacity had a loss ratio under 50% for transacted deals and it also ended the year cash flow positive. Arbol is a FinTech company offering global climate risk solutions for businesses in the agriculture, energy (traditional and renewable), maritime, and leisure sectors. Arbol’s proprietary pricing platform enables users to get live pricing directly through the app in a matter of minutes. The platform leverages a decentralized climate data network (dClimate), blockchain technology and an AI underwriter designed to price risks efficiently to make parametric protection products and SaaS services accessible and affordable for traditionally underserved and underinsured regions and businesses. “We created Arbol to make it easy and efficient for businesses of any size or location to build climate resilience leveraging data and blockchain technology,” said Sid Jha, Founder and CEO, Arbol. “Over 50 percent of Arbol’s clients in 2021 en...




Arbol Launches Arbol Underwriters, Enters the Reinsurance Market With Bermuda MGU

SIG Re Appoints Arbol Underwriters as its Insurance Agent for its Parametric Reinsurance Business. — Arbol Inc. (Arbol), an InsurTech platform for parametric protection products, today announced the launch of Arbol Underwriters Ltd. (AUL), a registered insurance agent based in Bermuda, focused on matching reinsurance capacity with parametric insurance risks. AUL’s parent company, Arbol, is an InsurTech platform and FinTech company that leverages decentralized climate data, blockchain technology and AI to power its proprietary pricing platform and to offer parametric protection products and SaaS services to help a wide range of customers to transfer and manage climate risks. “We are excited about setting up a platform in Bermuda to offer parametric solutions in the form of reinsurance” said Hong Guo, CEO of AUL and Chief Insurance Officer of Arbol. “Leveraging Arbol’s massive, cutting-edge data infrastructure and proprietary pricing tools, AUL will be able to provide innovative reinsurance solutions to its clients.” AUL intends to source original risk through a variety of channels, the first of which being partnerships with fronting insurance carriers. Through both volume program business and bespoke coverage solutions designed by Arbol and written through the fronting carriers, individuals and businesses can purchase parametric insurance to hedge their climate risk. Additionally, AUL will work with (re)insur...




Case Study: Punkin Center Gins

Arbol’s Area Yield Program (AYP) is Already Changing Lives and Saving Businesses. — “…the sixty-six hundred bales we ginned was just about enough to pay the light bill…with very little cotton there was no income so this (settlement from Arbol) was going to be a large chunk of the income that comes in for my bank this year.” Al Crisp first started working at a cotton gin at the age of fourteen in southern Texas at the Smith Gin COOP in Odem. He immediately became hooked on cotton. After hearing how big cotton was in West Texas, Al moved to Lubbock after finishing college to take a job with the Texas Cotton Ginners Association. Shortly after, he was managing three gins as a plant manager for Odonnell COOP. In 1999 when Al was twenty-five years old, he bought Punkin Center Gins. Today, he runs the business alongside his wife Kasha. Punkin Center Gins is a family-owned and operated cotton gin and processing facility located in Lamesa, Texas. The business itself was established nearly a century ago in 1926. Punkin Center refines cotton into products like cotton seed, cotton mote, and five-hundred pound bales of cotton.Punkin Center Gins Cotton is at the heart of every cotton gin’s success. Simply put, a cotton gin can’t prosper financially without cotton to process. Al heard about Arbol’s Area Yield Program (AYP) for cotton after several consecutive challenging years for cotton in his area due to weather...




Arbol Unveils Climate Risk Solution for Captives at VCIA Conference

NEW YORK (August 11. 2021) — Arbol, an InsurTech platform for parametric weather protection products, today announced at the Vermont Captive Insurance Association (VCIA)’s annual conference the release of its streamlined “Captive+Parametric” solution for climate change risk management. The first of its kind service gives corporations a simple and practical way to take immediate action towards climate change risk management by transferring climate risks into captives using a parametric structure. “90 percent of Fortune 500 companies have captive insurers for managing traditional and emerging risks. As the demand for companies to better manage and disclose climate change risks grows as severe weather events become a greater point of global concern, the traditional risk management framework will need to account for risks related to climate and weather,” said Hong Guo, Arbol’s EVP and Chief Insurance Officer. “We believe that captive is the best mechanism and that parametric protection is the ideal product structure for corporations to start actively managing mounting climate risks. Arbol’s new Captive+Parametric solution will give corporations the ability to leverage Arbol’s proprietary pricing tools and climate data platform to easily implement this process.” Arbol’s streamlined climate risk solution for captives gives corporations access to Arbol’s full suite of technology and data tools, including...




Smart Contracts and Blockchain Can Help Close the Global Protection Gap, Enable Businesses to Build…

Smart Contracts and Blockchain Can Help Close the Global Protection Gap, Enable Businesses to Build Climate Resilience - By Siddhartha Jha, CEO of Arbol The great challenge of the upcoming century for enterprises and households will be how to proactively adapt and build resilience against changing and increasingly volatile and unpredictable weather patterns. For businesses that are exposed to weather and rely on a certain level of cooperation from the elements to operate normally, building climate resilience is a necessity for future success and survival. 70% of business globally are estimated to be impacted by weather, with damages from severe weather events and natural disasters rising each year. According to Aon, economic losses resulting from severe weather events totaled roughly $268 billion in 2020. Out of that total, only $97 billion in losses were insured, leaving a global protection gap of $171 billion. As governments adapt to the impacts of climate change on businesses, military operations, and essential infrastructure, policymakers are also calling on financial institutions, corporations, and hedge funds to do more to identify, disclose, and mitigate climate risks and build institutional resilience. These risks are no longer an afterthought or a matter of future concern for global communities, even those in developed and wealthier nations. The U.S. Environmental Protection Agency (EPA) recently released a report s...




  LINK NEWS


Neon Link Announces Limited Presale Of The $NEON Token That Will Power A...

    Press Release. LONDON, ENGLAND – February 2nd, 2023 – Neon Link, a blockchain gaming company building a technologically robust and scalable environment, announced its opening of the presale of the $NEON token, taking place on the 15th February at 5PM UTC, which is set to fuel the next generation of games that sit on top of the project’s own cross-chain network. The $NEON pre-sale is only one side of the coin distribution – soon after that, the Neon Link public sales will follow. The earliest adopters to join in and participate may end up quite lucky in joining possibly one of the next big players in crypto gaming, which is to become apparent once the bulk of Neon Link’s products finally enters the market. The game-focussed $NEON token will power every product under Neon Link’s wing, including upcoming games like Ascend The End, as well as more utility-based tools such as the Neon Wallet, Neon NFT marketplace, Neon Gaming ID + Name Service (NNS), Neon Bridge, and others. Most of the aforementioned products and more will be launched at once since the Neon Link team has been building its foundational product suite ever since early 2022. To date, only a small number of projects, in crypto or otherwise, have been able to successfully launch multiple products simultaneously. The Neon Link ecosystem is surrounded by new up-and-coming tools and services aimed at both the gamer and the crypto enthusiast. For example, the unique and refined Neon NFTs... read More



Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains

    Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months.Polygon (MATIC) Polygon (MATIC) was a big gainer on Friday, as prices rose to their highest point in 11 weeks. Following a low of $1.07 on Thursday, MATIC/USD raced to an intraday peak of $1.15 earlier today. As a result of this, polygon moved to its strongest point since November 11, which is the last time prices were trading at this point of resistance. Looking at the chart, the surge took place when the 14-day relative strength index (RSI) broke out of a ceiling at 69.00. As of writing, the index is tracking at 72.14, and appears to be en route to a ceiling at the 77.00 mark. Should this occur, there is a strong possibility that MATIC will be trading above the $1.20 mark. Chainlink (LINK) Another notable mover on Friday was chainlink (LINK), which also surged to a multi-month high. LINK/USD jumped to a high of $7.33 earlier in the day, which comes less than a day after falling to a low of $6.93. This rally in price pushed chainlink to its highest point since December 5, breaking it out of a price ceiling in the process. As can be seen from the chart, LINK climbed past its resistance level of $7.25, however the RSI was unable to also achieve this feat. Price strength is curren... read More



Chainlink (LINK) Records 7% Gains In Last Week, Will It Cross $7?

    The global cryptocurrency market cap is currently down by 1.61%, but LINK holds its gains on the weekly chart. With institutional investors and whales engaged in trading activities, the crypto market is experiencing a revival.  Chainlink has enjoyed a resurgence this week with an increase in its price and trading volume. The network has also recorded a massive increase in trading volume today at 30.64%. The coin is now ranked number 21 on the list of cryptocurrencies. What Is Behind The Rally? The Chainlink network has added some notable projects to its catalog. The total value of transactions, its oracle service, exceeded $6.9 trillion. Also, the network provided users with data feeds that extend across new blockchains and layer 2. Another innovation driving the price is the Chainlink proof of reserve. The collapse of FTX created distrust in the industry. This distrust prompted the increased demand for Proof of Reserves. Chainlink's Proof of Reserve has become popular among stablecoins and wrapped tokens to provide their customers with transparency. The adoption has also aided the LINK price increase. Also, the launch of Web3 solution Chainlink Economics 2.0 has created a framework for the network's core interests; Chainlink BUILD, SCALE, and Staking. Chainlink’s BUILD and SCALE enable users to build Web3 dApps. Sergey Nazarov, Chainlink's co-founder, stated that the crisis in traditional finance creates opportunities for blockchain technology to fortify crypto a... read More



Exciting New Gaming-Focused Blockchain Neon Link Successfully Launches J...

    PRESS RELEASE. LONDON, ENGLAND – January 18th, 2023 – Neon Link, a new blockchain and ecosystem, is about to launch on mainnet in Q1 2023. Coming out of stealth after over a year of development, many important features are launching throughout this year: the NEON multi-chain Wallet, Decentralised Exchange, Marketplace, Bridge, Block Explorer, NEON Gaming ID (Naming Service), and the $NEON token that powers the entire ecosystem. Alongside the ecosystem, Neon Link has numerous projects in the late stages of development. One of these is a triple-A game, Ascend The End. This game is a 3rd person shooter that delivers a unique experience from its integration with Neon Link’s fast and fee-free network. This includes a variety of game modes and an in-game economy where you can gather resources to craft weapons, ammo, and armour! Ascend the End will offer the opportunity to earn exclusive in-game assets and crypto asset rewards for consistently ranking well in competitive gameplay. Neon Link offers an easy onboarding process for gamers to web3 through the NEON Wallet, true ownership of game-related assets, and authentic gaming experiences thanks to game developer partner Wasiona and in-house dev and art talent. Game developers will also be able to build fantastic and unique games with Neon Link. This will be supported by NEON’s comprehensive software development kit (SDK) and incentive structure and the first 20 projects will receive additional support. CEO of... read More



Chainlink Bullish Divergence: What To Expect In 2023

    The Chainlink price has had a somewhat mediocre performance over the past few months. Once a cryptocurrency that was within the top 10 by market capitalization, LINK has currently slipped to 22nd place. However, within the next few months, Chainlink could be poised to outperform other cryptocurrencies. In addition to the fundamentals, LINK's weekly chart shows an extremely bullish occurrence. The chart reveals that the LINK price has formed a bullish divergence with the RSI on a weekly basis. The bullish divergence is shown by the fact that the price has recently fallen to new local lows, while the RSI is not making a new low. This shows that the bears are losing power and that the LINK bulls are ready to control the market again. Ultimately, the bullish divergence could signal the end of the prolonged downtrend. However, in the short term, there could be another drawdown for LINK. The 4-hour chart is showing a bearish divergence as the price is making new local highs while RSI is trending down, making new lower lows. Although the market is taking a bullish stance on Chainlink, the discrepancy means that momentum is slowing. Chainlink Relies On Strong Fundamentals In 2023 A bullish catalyst in 2023 might become Chainlink's low-latency pull-based oracles. Instead of regularly pushing data to the chain based on predefined conditions, the oracle reports will be made available off-chain and added to the chain by users as they are needed. This technical improvement was ann... read More



Chainlink Bullish Signal: LINK Address Activity Returns To 2021 Levels

    Data shows Chainlink address activity has returned to 2021 levels recently, a sign that could turn out to be bullish for the asset’s value. Chainlink Daily Active Addresses At High Levels Recently According to data from the on-chain analytics firm Santiment, this increase in LINK activity first started around two months ago. The relevant indicator here is the “daily active addresses,” which tells us the total number of addresses that were involved in a transaction on any given day. The metric counts both senders and receivers in its calculation, and only accounts for unique addresses in the data, meaning that the wallets that participated in multiple transfers on the same day are only counted once. This helps remove duplicate transactions and other noise from the data, and provides a more accurate picture of the network activity. When the value of this indicator is high, it means a large number of daily users are interacting in some way on the blockchain right now. Such a trend shows the market is active currently. On the other hand, low values of the metric imply not many unique users are showing trading activity at the moment. This kind of trend can be a sign that the general interest around the crypto is low at the moment. Now, here is a chart that shows the trend in the Chainlink daily active addresses over the last few years: As shown in the above graph, the Chainlink daily active addresses were at pretty low levels for most of 2022. This was because ... read More



Chainlink Nears Crucial $6 Level As LINK Ushers In The New Year

    Chainlink (LINK) has recently announced its new tie-up with Blueberry, which is set to automate and enhance the build and LP strategies of the network. With this collaboration, Blueberry is developed to provide incentives and network fees. LINK price down 0.85% Partnership with Blueberry bolsters buyer confidence Crypto experts expect LINK to go bullish before the year ends According to data by Coingecko, LINK price has plunged by 7.5% in the last seven days, and trading at $5.55 as of this writing. Technical indicators demonstrate that the coin has lost its grip at the $6 level, which could hint at a bearish signal. If the bulls fail to shoot over $6, it could be a bigger challenge for Chainlink. LINK Bulls Push To Get Price Past $6 On the brighter side, the LINK bulls are always quick to make a comeback whenever the price crashes. When prices dip below critical level, buyers immediately move to save the day. In this scenario, a breach of the $6 level would be a big achievement, especially in ushering the new year. But, LINK is expected to shoot up higher. Michaël Van De Poppe, a crypto expert, expects LINK to move into the bullish territory by 2023. In detail, he expects the crypto to hit $17 if the bulls reach a resistance level of $7.80. On the other hand, the crypto analyst says that Chainlink can drop and warm up below $5 before it pumps up in price. As of press time, LINK has been consolidating between $6 and $8. Considering this, any breach below this... read More



Chainlink Turns Bearish As Price Dips To 8-Month Low

    The Chainlink price has dropped to an eight-month low as the coin fell from the $6.30 price level. Since the Chainlink price has touched a multi-monthly low, the chances of the price turning around remain extremely likely. As Bitcoin slipped on its chart too, most altcoins have been depreciating on their respective charts as well. The technical outlook of the coin was bearish as accumulation decreased due to an increase in liquidation. Broader market support is necessary for LINK to propel its price to a higher level. For instance, Bitcoin has been stuck between the $17,400 and the $18,000 price levels. If BTC trades above the $17,400 level, multiple altcoins can potentially rally. Although the overall trend of the Chainlink price does not clearly indicate a breakout on the upside, the coin currently trades near a level that has previously triggered several rallies for the coin. Chainlink's trading volume has decreased, indicating that bears have taken control of the market. Chainlink Price Analysis: One-Day Chart LINK was trading at $5.99 at the time of writing. Ever since Chainlink fell from the $6.30 price level, the altcoin has broken below multiple support lines. Presently, the altcoin has secured the $5.70 support line as its local price floor. If demand for the altcoin registers a considerable increase, then the first barrier for LINK stood at $6.30, which marks a 40% rally in the price of the asset alone. Moving above the $6.30 mark can push LINK into the $7 zone. O... read More



Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High

    Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today's session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point.Litecoin (LTC) Litecoin (LTC) snapped a six-day losing streak on Tuesday, as prices rose by as much as 3%. LTC/USD moved away from a one-month low of $61.00, hitting a high of $65.60 earlier in today's session. The move came as bullish pressure intensified once the token hit a key support point of $63.50. Looking at the chart, the 14-day relative strength index (RSI) also rose, moving away from its long-term floor of 33.50. Since moving away from yesterday's six-month low, the index is now tracking at the 37.46 mark. The next visible resistance seems to be the 46.00 level, and if hit, LTC will likely be trading above $70.00. Chainlink (LINK) Chainlink (LINK) was another notable gainer in today's session, as prices surged to a four-day high. Following a low of $5.75 to start the week, LINK/USD climbed to a peak of $6.10 earlier today. This rally has pushed the token to its highest point since Friday, when it was trading at a top of $6.54. Similar to litecoin, today's move saw prices move away from a four-week low, rising from a recent floor in the process. LINK rallied at the $5.80 support, which came as the RSI rose above a ceiling at the 37.00 level. As of writing, the index is tracking at 39.81, with LINK/US... read More



LINK Still On ETH Whales' Shopping Cart Despite Dismal Performance In La...

    Whale interest is a bullish indicator and LINK is sweeping the whales to their side. According to crypto whale tracker WhaleStats, the token is part of the top 10 cryptocurrencies that whales have on their wallets. Here's a quick overview of LINK: In the short-term, the 4-hour chart of the market shows signs of bullishness Downturns are still a possibility, thus caution is warranted However, the token's value has not yet reflected this. According to data by Coingecko, LINK is trading at $6.62, down 11.3% in the last seven days. Data from CryptoQuant suggests that LINK reserves on exchanges are low, while estimates from exchange netflow suggest users are depositing LINK tokens. Is this a precursor to much greater market turmoil? How Optimistic Should Investors Be? The charts demonstrate significant bullishness with a few explanations why, despite the fact that market forces are bearish as of writing. The token's RSI values are oversold on a 4-hour timeframe, indicating that a market reversal might occur over the next few days.   JUST IN: $LINK @chainlink now on top 10 purchased tokens among 1000 biggest #ETH whales in the last 24hrs We've also got $BAT, $OMG & $CHZ on the list Whale leaderboard: https://t.co/jFn1zIwOBt#LINK #whalestats #babywhale #BBW pic.twitter.com/HYX2DFTJzI — WhaleStats (tracking crypto whales) (@WhaleStats) December 10, 2022 Previous price action has also formed a harmonic, which increases the likelihood of a bullish pullback. A bullish... read More



Will This New Development Push The Chainlink Price To $7?

    The Chainlink price has not reflected positive changes despite a major development in the altcoin's ecosystem. Over the last 24 hours, LINK has declined by over 4%. Even in the weekly window, the altcoin lost over 6% of its value. LINK had charted considerable gains in the month of November. The bulls, however, could not sustain the price action as the coin moved southward at the beginning of December. Chainlink's price has dropped below the $7 mark. For the coin to turn bullish, it must break past the aforementioned price zone. Investor interest has yet to echo on the daily chart. Chainlink is a blockchain oracle network that has launched its staking feature. This shall help to enhance the economic security of the platform's services as a whole. This development is supposed to be a vital part of its 'Chainlink Economics 2.0' effort, which is aimed at promoting better security and ensuring sustainable growth within the ecosystem. The technical outlook has displayed a fall in accumulation, and at the current price, LINK is trading at an 87% discount from its all-time high secured in 2021. Chainlink Price Analysis: One-Day Chart Chainlink was priced at $6.86 on the one-day chart | Source: LINKUSD on TradingView LINK was trading at $6.86 at the time of this writing. Although the altcoin was trading close to the crucial price resistance mark, it had to get past one important price ceiling to claim $7. Immediate resistance stood at $6.90. After breaking through the $7 mark, Chain... read More



Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday

    Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently trading by as much as 5% lower.Dogecoin (DOGE) Dogecoin (DOGE) dropped to a ten-day low on Wednesday, with prices falling for a third straight session. Following a high of $0.101 on Tuesday, DOGE/USD slipped to an intraday low of $0.09519 earlier in today’s session. As a result of this, the meme coin fell to its lowest point since November 28, when prices hit a bottom of $0.0907. Looking at the chart, it appears that DOGE bears are hoping to recapture this level, which is also a key support point. This move comes as the 14-day relative strength index (RSI) was unable to stay above its own floor, at the 54.00 mark. Currently, the index is tracking at 52.07, with its next visible point of support at the 49.25 level. Chainlink (LINK) In addition to dogecoin, another notable token to fall in today’s session has been chainlink (LINK). LINK/USD slipped to a bottom of $6.80 earlier in the day, which comes less than 24 hours after trading at a peak of $7.29. Like with DOGE, today’s decline has pushed the world’s 20th-largest token to its lowest point since November 28. On that occasion, prices hit a low of $6.53, which was marginally above a floor at the $6... read More



LINK Price Keeps Steady With 7% Surge In Last 7 Days, But Things Might C...

    LINK, within the last 30 days, has already visited the $5 region twice, changing hands at $5.96 at one point in November 10 and going to as low as $5.69 on November 21. Since then, the Chainlink network crypto asset has managed to recapture the $6 and $7 territories and is doing a great job at sustaining the latter. Chainlink experienced a price correction that dissolved its 7% weekly gains LINK is still in the midst of a price pump of more than 20% during the past two weeks Chainlink network now has 20 successful integrations In fact, according to tracking from Coingecko, at the time of this writing, the digital asset trades at $7.29 – a value that is 30% more than its currently monthly low. Earlier Tuesday, the altcoin was sporting a weekly gain of 7%. However, as it entered a minor correction phase, the increase was trimmed to just almost 1%. The crypto declined by 2.8% during the last 24 hours but is still sitting on a 24% price pump over the last two weeks. Although things might be looking a little bit good for Chainlink, investors and holders need to keep an eye on its whales as their market participation could easily pull the asset down once again. A Quick Glance At Chainlink Metrics It appears now that LINK holders have nothing to worry about especially that the asset’s Relative Strength Index (RSI) is still hovering above the 50-neutral zone. However, the crypto’s Money Flow Index (MFI) has now settled in an overbought region after tremendous sel... read More



Swingby Partners With Chainlink To Secure Bitcoin Bridge

    PRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is aimed to help secure the Swingby Skybridge which connects the Bitcoin blockchain, enabling the introduction of BTC into the Ethereum network. Swingby Develops A More Advanced And Secure BTC Bridge Swingby is a BTC bridge ecosystem with plans to expand into other blockchain ecosystems in addition to Bitcoin and Ethereum, which the platform has already accomplished. In fact, the advance in platform security made possible from the partnership makes Swingby the only BTC bridge guarded against a WBTC depegging event. In a Swingby announcement announcing the partnership it was also revealed that the Bitcoin bridging protocol chose the Chainlink Proof of Reserve, due to what was proclaimed in the details of the announcement to be critical features offered by Chainlink’s oracle service. Proof Of Reserve Offers Verifiable Transparency And Security With the recent rise in the incidence of blockchain ecosystem crashes, catastrophic depeggings, sudden closures, bankruptcies and more, this is a time when transparency and security have become of even greater importance than ever before in the blockchain industry. Swingby made the decision to equip the protocol to employ Proof of Reserve as a transparency measure which protects the bridge from completing transfers that are not verifiably present in reserves backing token supply. The ... read More



Chainlink May Rise 25% This Week As Bulls Work To Reclaim Its Pre-Crash ...

    The use of the native token of Chainlink is seeing a decent rise. Today alone, the price of LINK has increased by 2.0% in the last 24 hours, as measured by statistics from CoinGecko. Though not a big deal in terms of massive increases, it pumps up the bulls. In the weekly and bi-weekly timescale, the token shot up to 11.6% and 22.4% respectively. Meanwhile, let's take a quick look at how the token has been performing: The Proof-of-Reserve mechanism used by Chainlink is open and trustworthy, which encourages investment CoinGecko has observed a surge in price, an indication of rising investor interest Negative confirmation delays any decline, while positive indicators and investor optimism ease the breach at $7.808 barrier This price movement made by LINK is just after BTC’s pullback. Not to mention that Chainlink’s official Twitter released its own version of a Proof-of-Reserve system. According to the Tweet, this transparent system will satisfy the demands of consumers, especially after FTX’s mismanagement of user funds that resulted in the downfall of the crypto exchange. Investor Confidence Needs Boost? With investor confidence low, the price increase can be explained by the recent rise in BTC and the introduction of Chainlink's POR system. As of this writing, the correlation between Bitcoin and LINK is 0.82. However, the token's price may experience a period of correction if the trust boost that prompted the recent price surge is reversed. Chart: Trad... read More



Chainlink (LINK) Is About To Launch Staking – These Are The Next T...

    While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week. Still, Chainlink has been going sideways for seven months. However, thanks to dovish comments from U.S. Federal Reserve Chairman Jerome Powell during a speech yesterday, the horizon for relief rallies within the crypto market are widening again. Looking at the daily chart, Chainlink is still in the middle of its 7-month range, yet the introduction of staking could generate much more interest for the project. LINK has not made new lows within the 1-day time frame recently, which suggests bull strength from a technical perspective. Chainlink (LINK) price has risen 35% since its recent low. Nevertheless, the upper end of the 7-month range remains the next crucial target in the daily chart. If LINK is able to break out, the next target could be the zone around $12.30. LINK price, 1-day chart. On a smaller time frame, LINK is in the middle of its 7-month range, where key resistance zones can also be found. In the 4-hour chart, a correction was recently observed, after which a renewed upswing occurred. From a technical perspective, LINK should not fall below $6.70. Once LINK begins to hold here, it is prudent to look at the $8.50 to $9.50 zone, where the next key resistance is located. LINK price, 4-hour chart. Chainlink Staking As Catalyst For A Price Boost? With ... read More



Biggest Movers: LINK Hits 20-Day High, DOGE Rebounds From Monday's Losse...

    Chainlink raced to a 20-day high on Nov. 29, as the token surged for a second straight day. Cryptocurrency markets were mostly higher in today’s session, following a sluggish start to the week. Dogecoin was another notable gainer on Tuesday, as the meme coin rebounded from yesterday’s losses. Chainlink (LINK) Chainlink (LINK) climbed to its highest point in three weeks on Tuesday, as prices rose for a second straight day. Following a low of $6.67 to start the week, LINK/USD races to an intraday high of $7.43 earlier in today’s session. The move saw LINK continue its recent breakout of a long-term ceiling at $7.15, hitting its highest point since November 20 in the process. Overall, LINK is up by nearly 25% in the last few days, recording gains in all but one of the last nine sessions. Today’s surge comes as the 14-day relative strength index (RSI) moved beyond a resistance point of 55.00, and is currently trading at 56.89. In addition to this, the 10-day (red) moving average is now closing in on its 25-day (blue) counterpart, and is positioned for an upwards cross. Dogecoin (DOGE) Dogecoin (DOGE) rebounded from Monday’s losses, as the meme coin rose by as much as 10% today. DOGE/USD, which fell to a low of $0.09145 to start the week, climbed to a peak of $0.1047 earlier today. As a result of the move, dogecoin is now once again trading close to a three-week high of $0.1079. Looking at the chart, it seems there will be an upwards crossover betw... read More



Chainlink Extends Accumulation By 200 Days; Will Bulls Push For A Breako...

    LINK's price retraces to its 200 days range as the price aims for a breakout ahead of its staking scheduled in December 2022.  LINK's price remains strong as bulls reclaim $6 despite uncertainty in the market traders and investors remain cautious.  LINK's price bounces from a low of $5.5 on the daily timeframe as the price reclaims $6.5 as price trades below the 50 Exponential Moving Average (EMA) The price of Chainlink (LINK) has had a tough time recently after a successful breakout from its accumulation zone. Still, the price was rejected after 190 days of range movement as the price has continued in this price action for an additional 10 days as Chainlink (LINK) staking draws ever closer. Despite the relief bounce from Chainlink (LINK), the price remains below the key region of interest, which would entice many buyers. The Domino effect of the FTX saga and other large investors has halted the market, as the market has yet to make a significant move, raising concerns about where the market is headed. (Data from Binance) Chainlink (LINK) Price Analysis On The Weekly Chart Despite the uncertainty and turbulence that has affected the price of Chainlink (LINK) and the crypto market at large, many altcoins are struggling for survival, trying to stay afloat as the prices of altcoins continue a downward price movement.   Chainlink (LINK) has suffered more price loss, as the price dropped from a high of $45 to a weekly low of 5.5, leading to speculation of a f... read More



Bitcoin.com Joins Chainlink BUILD to Boost Adoption of VERSE Ecosystem d...

    Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has joined the Chainlink BUILD program to help accelerate the adoption of VERSE ecosystem dApps and receive increased technical support for Chainlink’s time-tested Web3 services—which include verifiable randomness, decentralized price data, and reliable smart contract automation. What Is VERSE? With over 35 million wallets created and more than 5 million active users, Bitcoin.com has played a leading role since 2015 in onboarding millions of newcomers to Bitcoin, cryptocurrency, and the larger Web3 industry. A trusted brand, Bitcoin.com acts as the first touchpoint for newcomers to safely interact with and learn about this paradigm-shifting technology. Verse is the next step in Bitcoin.com’s mission to establish blockchain as an integral component of society towards the goal of creating more economic freedom in the world. The VERSE token, currently on sale at getverse.com will provide utility in Bitcoin.com’s ecosystem while also acting as a rewards mechanism to encourage positive actions such as self-custodying assets. VERSE also refers to an ecosystem of decentralized applications (DApps) that will guide millions of people on their journey beyond Bitcoin, including into decentralized finance (DeFi), one of the fastest-growing verticals in Web3 today. Why We Joined Chainlink BUILD Bitcoin.com joined ... read More



Biggest Movers: LINK Nears 2-Week High, SOL Extends Recent Gains

    Chainlink rallied to a 12-day high earlier in today’s session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high.Chainlink (LINK) Chainlink (LINK ) rose for a fourth straight session on Thursday, with the token nearing a 12-day high in the process. Following a low of $6.37 on Wednesday, LINK/USD surged to an intraday peak of $6.84 earlier in the day. The surge in price saw chainlink move to its highest level since November 12, when price was above $7.00. Looking at the chart, bulls appear to be targeting a move back above this point, with a ceiling of $7.15 a potential landing spot. In order to get there, bullish momentum will need to first overcome a resistance of 50.00, on the relative strength index (RSI). Should this occur, LINK willy likely move above $7.00, en route to the $7.15 price target. Solana (SOL) Solana (SOL) was once again in the green, as the token continues to move away from a recent all-time low. SOL/USD, which was a top 10 cryptocurrency prior to the FTX collapse, hit an intraday high of $14.85 earlier today. As a result of today’s surge, solana was trading at its strongest point since November 15, when price was last above $15.00. Earlier gains have somewhat declined, with previous bulls moving to secure gains as the RSI hovered near a resistance point. Honing in on the chart, the ind... read More



Data Signals Major Red Flag As Chainlink (LINK) Rises 8% Over Last 7 Day...

    With a price increase of 8% over the last seven days, Chainlink (LINK) is currently one of the best performers on the crypto market, behind Litecoin (LTC) and BNB. Remarkably, the trading volume of LINK has dropped 20% in the last 24 hours to just $389 million. Chainlink was trading at $6.66 at press time, showing a restrained bounce from the bottom of a channel that LINK has been in since early May. The lower bound of the channel is at $5.35, while key resistance for the LINK price is currently at $9.52. At the current price, LINK is hovering just below the 50-, 100-, and 200-day simple moving averages (SMAs). With an RSI of 49.5 in the 1-day chart, LINK is in neutral territory. Chainlink (LINK) positioned in a channel, 1-day-chart. However, the bounce of the last three days should be taken with a grain of salt. On-chain data from Santiment shows that there has been a significant increase in exchange inflows following the recent price surge. Nearly 15 million LINK were transferred to known crypto exchange wallets in the last 24 hours. Exchange inflows of Chainlink (LINK) spiked. Source: Twitter In the 1-week chart LINK / BTC, the token is in a crucial moment: will LINK be able to break through the critical trendline resistance or will it be the fourth rejection in the last 13 months. As one analyst noted, this could be a 'make it or break it' type moment for Chainlink. Chainlink/Bitcoin facing a 'make it or break it' moment, 1-week-chart. Source: Twitter Fundamental Remains... read More



Chainlink Rally In Social Activity Hits ATH Of 44,173 – Will LINK ...

    There has been an expected uptick in the Chainlink protocol's optimism recently. This is due to the fact that the BUILD program is a part of Chainlink's next protocol upgrade, Chainlink Economics 2.0. The initial 10 BUILD program projects were announced on Chainlink's official Twitter account. This clearly increased the amount of online discussion on the project. Chainlink's native token LINK's social activity has increased from 35,540 yesterday to 44,173, and it's likely to continue rising in the days ahead. Give a welcome to the first 10 #Chainlink BUILD projects:@SpaceandTimeDB@truflation@bitsCrunch@KryptonProtocol@InterestDeFi@Galaxisxyz@mycelium_xyz@Dolomite_io@caskprotocol@chainml_ Building the future of Web3? Take your dApp to the next level: https://t.co/uIUNQltMbO pic.twitter.com/29oCUSQFVP — Chainlink (@chainlink) November 18, 2022 Connecting the Dots Unfortunately, the price of LINK has not reflected the company's strong social performance. CoinGecko statistics shows that LINK is still giving off critical sell signals. The token's current price of $5.70 doesn't help, either. According to data compiled by CryptoQuant, however, the amount of tokens held in exchange have substantially dwindled during the past several days. Oversold RSI and Stoch RSI readings, together with other positive indicators, point to a likely trend reversal in the next several days. As the situation improves, the commodities channel index is also rising, indicating a likely i... read More



Chainlink (LINK) Performs Poorly Amidst Market Uncertainty

    Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22.  Overall, LINK has recorded over 12% loss in the weekly chart. The token had surged higher in the day, reaching a local high of $6.38 before retracting.  The value of Chainlink (LINK) rose earlier today as the market reacted favorably to a combination of events. Brainard's doveish statements on Monday, a dropping dollar, Zelensky's peace negotiations commencing, and Biden-Xi meeting not escalating tensions. Choose whichever explanation or combination of reasons you choose for the abrupt risk-on shift in markets. Either way, it's excellent news for LINK price action. Chainlink Offers Its Proof-of-Reserve Product As FTX Crash Rocks The Crypto Market Chainlink Labs' proof-of-reserve product was offered on Nov. 10 to help solve future trust problems in the crypto exchange market. Chainlink Labs posed the question in a series of tweets: “Will crypto continue to repeat the mistakes of the traditional black-box financial industry? Or will a better system emerge?” In response, it offered its proof-of-reserve (PoR) solution. Chainlink stated it could validate centralized exchange asset reserves, off-chain bank account balances, cross-chain collateral, real-world asset reserves, and more. Recently, the crypto market has been in freefall due to a liquidity problem at the second-large... read More



Chainlink Increases Accumulation To 190 Days After FTX Fiasco, Is $12 Po...

     LINK's price fails to hold amidst market turmoil as price falls back into its accumulation zone with a range-bound movement.  LINK's price continues to show strength after a bearish downtrend with the market's current state, as things look uncertain for most traders and investors.  LINK's price bounces from a low of $5.8 on the daily timeframes as the price aims for a recovery toward the 50 Exponential Moving Average (EMA) In the last few days, the crypto market has seen some drastic shift in sentiment, with Chainlink (LINK) and the price of other altcoins battling for survival after the news broke that Binance would not be taking over FTX and the company had gone bankrupt. Previous weeks saw the price of Chainlink (LINK) perform well, rallying from a low of $6.3 to a high of $9, breaking out of its long-range price movement. Most altcoins trend higher as many produced gains of over 200%, including DOGE rallying from a region of $0.55 to a high of $0.15, with many hoping for more recovery bounce. Still, these expectations were cut short by the uncertainty surrounding the crypto market, leading to much fear about where the market is headed. (Data from Binance) Chainlink (LINK) Price Analysis On The Weekly Chart The past few days have been filled with so much turbulence in the crypto space as many altcoins have struggled to show strength after losing their key support holding off price decline. The current uncertainty surrounding the market has resulted in rel... read More



Chainlink Suffers 40% Loss In Last 7 Days – Can LINK Regain $9 Mar...

    Chainlink (LINK) managed to trim its losses after it made a bounce back despite the continuing uncertainty in the crypto market caused by Bitcoin and Ethereum’s recent respective declines.  According to data from Coingecko, at the time of this writing, the crypto asset is changing hands at $6.48 and has been up by 3% for the past 24 hours. Here's a quick glance at how LINK has been performing this month: Chainlink relinquished the $9 territory following the recent collapse of the crypto market LINK made a small recovery that pushed its trading price above the $6 marker Technical indicators point towards another bearish momentum for LINK As it reclaimed the $6 marker, LINK was able to cut its seven day – deficit, from 40% last week to just 26.9% over the last seven days. It can be recalled that after climbing all the way to $9.47 on November 8, the altcoin, along with its fellow digital currencies, suffered and plummeted all the way down to $5.69. Currently, Chainlink ranks 23rd in terms of market capitalization, with an overall valuation of $3.17 billion. It is one of the few crypto assets that have tallied increase in its spot trading price. Technical Indicators Point To Further Bearish Trend For LINK As of this time, analysis points for LINK price leans towards the suggestion of another challenging run for the digital asset. Its Relative Strength Index (RSI) settled below the 50-neutral zone, indicating that Chainlink is once again caught in a downward tr... read More



Chainlink Touts Proof-of-Reserve as Solution to Crypto Contagion

    The crypto contagion has continued this year, with FTX compounding matters this week. This has put the spotlight on transparency, especially for centralized crypto exchanges. Data oracle provider Chainlink has been promoting its proof-of-reserve tools, which could solve the transparency issues currently plaguing the industry. In a tweet on Nov. 11, the Chainlink team asked if crypto will continue to repeat the mistakes of the traditional black-box financial industry. #Crypto is at a crossroads. Will crypto continue to repeat the mistakes of the traditional black-box financial industry? Or will a better system emerge? A better system is possible, & Proof of Reserve is one way #Chainlink is providing the transparency that users demand. — Chainlink (@chainlink) November 10, 2022 Chainlink PoR Proof-of-reserve is also known as money-in-hand or a reserve or treasury backing up tokens or assets. They can be used by organizations to verify that there are sufficient reserves that have been independently audited. This will give customers more confidence in the asset or organization. Chainlink cited some examples: “PoR is also useful for verifying centralized exchange asset reserves, off-chain bank account balances, cross-chain collateral, real-world asset reserves, and much more.” Its proof-of-reserve tools were first launched in 2020, but they have come to light again following this week’s FTX meltdown. According to the website, Chainlink PoR utilizes the &... read More



Chainlink (LINK) Loses Gains Due To Market Bloodbath, Is Rebound Possibl...

    The cryptocurrency market has been facing high volatility at the time. With Bitcoin recording over 13% loss on the day, altcoins took effect and plummeted heavily. Similarly, Chainlink lost its gains following the market trend. But, the token established itself as one of the top gainers on the same day and marked $9.34. Due to turns of events, LINK currently fluctuates a loss of 19.80% and trades at $7.36. This currency made its investors happy with a week-over-week increase of over 3%.  Several key metrics favor LINK maintaining its run in the coming weeks. The token’s underlying blockchain has also bagged several partnerships during the week. Furthermore, LINK crossed a 3-month high today despite the market volatility. As such, the token looks poised to face a bullish rally head-on. Massive LINK Wallet Activities Pushed Token’s Price Upward The LINK price, as reported by Santiment in a recent tweet, reached a high of $9.20. The last time it reached this level was in the middle of August. The data agency's team of specialists has settled on two possible explanations for the LINK price increase above $9. They assume that the intense activity of LINK wallets throughout last month was the primary driver of the price surge. Furthermore, investors have been 'aggressively' longing LINK. This helped increase the altcoin’s price, causing a surge in funding rates. And on November 3rd, Chainlink announced yet another significant partnership. This time with Seed... read More



Reasons Why Chainlink (LINK) Surged to 3-Month High

    Despite the volatile markets, Chainlink (LINK) broke above $9.20 for the first time since August this year, recording a three-month high. The latest price appreciation was triggered by massive activity stirred by LINK wallets over the past five weeks. As per the crypto-analytic platform Santiment's latest data, traders are 'longing' LINK 'aggressively.' #Chainlink spiked all the way above $9.20 for the first time since August 13th, a ~3 month high despite very volatile markets. This rise has been supported by the largest amount of active $LINK addresses in 5 weeks, and traders are longing aggressively. https://t.co/ZxsZnveURm pic.twitter.com/lia6XAgSar — Santiment (@santimentfeed) November 8, 2022 Chainlink has been seeing strong whale accumulation and address activity since the beginning of this year. Sharks and whale addresses, holding 10,000-1 million LINK, have continued to pile up tokens during the bear market, which typically signifies investors' bullishness. Even as one cohort of investors - whales holding between 10,000 and 100,000 LINK - offloaded their tokens earlier last month, LINK addresses holding between 100,000 and 10 million coins, on the other hand, were also accumulating. This managed to lessen the sell-off blow. The oracle service provider recently announced 14 integrations across four chains, namely Arbitrum, BNBChain, Ethereum, and Polygon, which could have aided the ongoing pump. On the NFT side of things, Chainlink partnered with Seedify Fu... read More



3 Top Altcoins That Defy The Market Retracement- REEF, LINK, VET

     LINK's price holds strong as price eyes a rally to $12 after breaking out of its long-range accumulation zone.  REEF's price continues to trend above key support as price broke out of its downtrend with eyes set for $0.01.  VET's price remains strong, holding key support on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). Previous weeks saw the price of most altcoins trend higher this has put these 3 top altcoins in the spotlight, considering how the crypto market has been fairing after the market saw its price decline with the price of Bitcoin (BTC) and Ethereum (ETH) not looking too good as the week has continued to look unprecedented with the current market looking choked with the current issue between Binance and FTX creating a fear of uncertainty and doubt for most traders and investors. (Data from Binance) 3 Top Altcoins - Chainlink (LINK) Price Analysis On The Daily Chart Daily LINK Price Chart | Source: LINKUSDT On Tradingview.com The previous week saw many altcoins produced over 200% gains over the past 7 days of breaking out of their range-bound movement, as many believe more hope is returning to the crypto space. The new week hasn't kicked in like the last as most altcoins have begun to look shaky, dropping off from their weekly highs, including the price of Ethereum (ETH) and Bitcoin (BTC) suffering a minor price retracement back to a region of $1,540 and $19,600 respectively. Still, the price of LINK has con... read More



Chainlink (LINK) Rejected At $9.20 But Picks Up Steam – Levels To ...

    While the broader crypto market is currently trying to recover from the shock surrounding FTX and the accompanying fears of a contagion effect, Chainlink has recorded the highest price increase within the top-100 by market cap within the last 24 hours. At press time, the LINK price was up 6.2% from the previous day, trading at $8.71. Over the past seven days, Chainlink has even posting a whopping plus of around 13%. Trading volume has grown to $1.435 billion in the last 24 hours, up 161% from the previous day. According to on-chain analysis service Santiment, the LINK price has risen to just above $9.20 for the first time since August 13, a 3-month high despite very volatile markets. The data aggregator believes the reason for the surge is the large volume of active LINK addresses for the past 5 weeks. Chainlink active addresses surging for the last five weeks. Source: Santiment Chainlink (LINK) Showing Strength Back on October 30, Santiment wrote that whales 'got pretty active this weekend' after the LINK price cracked the $8 mark a couple of times. Santiment wrote: Saturday saw 33 different $LINK transactions exceeding a value of $1 million. This was the highest whale activity day since June 27th. By the end of October, the number of wallets with more than 100,000 LINK aka whales has increased to 459. This is the highest level since 2017. A look at the 1-day chart reveals that Chainlink (LINK) stopped just shy of the important $9.53 level today. LINK broke through this lev... read More



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