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LN

LINK  

#LN

LN Price:
$42.95
Volume:
$1.3 M
All Time High:
$348
Market Cap:
$0.3 B


Circulating Supply:
5,974,351
Exchanges:
3
Total Supply:
6,044,999
Markets:
6
Max Supply:
Pairs:
2



  LN PRICE


The price of #LN today is $42.95 USD.

The lowest LN price for this period was $0, the highest was $42.95, and the current live price for one LN coin is $42.95265.

The all-time high LN coin price was $348.

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


  LN OVERVIEW


The code for LINK is #LN.

LINK is 2.9 years old.


  LN MARKET CAP


The current market capitalization for LINK is $256,614,212.

LINK is ranked #136 out of all coins, by market cap (and other factors).


  LN VOLUME


The trading volume is big during the past 24 hours for #LN.

Today's 24-hour trading volume across all exchanges for LINK is $1,347,914.


  LN SUPPLY


The circulating supply of LN is 5,974,351 coins, which is 99% of the total coin supply.

A highlight of LINK is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market.


  LN EXCHANGES


LN has limited pairings with other cryptocurrencies, but has at least 2 pairings and is listed on at least 3 crypto exchanges.

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


  LN RESOURCES


Websiteblockchain.line.me
Whitepaperblockchain.line.me/whitepaper
Twitterlinebc_global
Mediumlineblockchain


  LN DEVELOPER NEWS



[EN]LINE Blockchain Monthly Newsletter: December 2022

LINE Blockchain Monthly Newsletter: December 2022 - 2023, the year of the black rabbit, has finally begun, and we hope that every single member of LINE Blockchain and its community will reach an all-time high this year. Last year was not a good year for the crypto markets. However, LINE, which conducts its businesses on equity capital, spent the past year looking inwards and meeting all of its goals. As a result, we have successfully launched Finschia, a 3rd-generation mainnet, and are now looking to kickstart a token economy 2.0 system, the key concepts of which include zero reserve and contribution-based rewards. With that, we hope that 2023 will be the year that LINE Blockchain proves its competitive worth as a platform. — ⎮ Highlights & Main News - — LINE’s 3rd-Generation Mainnet ‘Finschia’ Launched - Related article Finschia, a 3rd generation blockchain mainnet to provide an open network to public, has newly launched, and it provides a network 400 times faster in trading speed and reduces costs by 98% compared to Ethereum. — Token Economy 2.0 Released - A new Token Economy 2.0 has been released to solve several problems and obstacles that exist in the current blockchain market and to bring the popularity of the real Web3 into full swing. Diverse companies from all over the world are reaching LINE Blockchain for possible business cooperation, and the LINE Blockchain team will expand the g...




[KR]LINE Blockchain Monthly Newsletter: December 2022

LINE Blockchain Monthly Newsletter: December 2022 - 계묘년 새해가 밝았습니다. 검은 토끼 해를 맞이하여 라인 블록체인과 커뮤니티 여러분 모두 높이 도약하는 한 해가 되기를 기원합니다. 지난 1년은 크립토 시장에 좋지 않은 소식이 유난히 많았던 한 해였습니다. 하지만 자기자본으로 사업을 영위하고 있는 라인은 이러한 시장 분위기 속에서도 계획한 대로 사업을 진행하며 내실을 다지는 시간을 보냈습니다. 그 결과, 3세대 메인넷 핀시아(Finschia)를 성공적으로 론칭했고 ‘제로 리저브’와 ‘기여에 따른 보상’을 핵심으로 하는 토큰 이코노미 2.0 체제의 가동을 앞두고 있습니다. 그런 점에서 2023년부터는 라인 블록체인이 진정으로 경쟁력 있는 플랫폼임을 입증하는 시기가 될 것으로 기대합니다. — ⎮ Highlights & Main News - — 라인의 3세대 블록체인 메인넷 Finschia(핀시아) 출시 - 관련 기사 읽기 라인의 자체 3세대 신규 퍼블릭 블록체인 메인넷 핀시아가 최근 출시되었습니다. 향상된 기능과 안정성을 기반으로 이더리움 대비 400배 빠른 거래 속도와 98% 정도 절감된 거래 비용을 자랑합니다. 핀시아는 누구나 자유롭게 가치를 생산하고, 거래하고, 보상을 받을 수 있는 메인넷으로서 웹3를 ...




토큰 이코노미 2.0 공개

안녕하세요. LINE Tech Plus의 라인 블록체인 팀입니다. 지난 12월 22일, 많은 분들의 지지와 성원 덕분에 3세대 메인넷 핀시아(Finschia)를 성공적으로 론칭했습니다. 핀시아는 오픈 네트워크와 대규모 서비스 운영에 최적화된 메인넷입니다. 향후 핀시아를 기반으로 기존 시장의 문제들을 해결할 수 있는 토큰 이코노미 2.0을 시행하고, Web 3 대중화를 실현하고자 합니다. 오늘은 토큰 이코노미 2.0 핵심 전략에 대해 설명드리도록 하겠습니다. 자세한 내용은 아래를 참조해 주시기 바랍니다. — 1. Zero Reserve - 라인 블록체인은 사전 예비 물량을 발행하지 않는 “제로 리저브” 전략을 실현하고자 합니다. 현재까지 유통된 6,734,458 LN 이후로 링크는 블록 생성에 따른 인플레이션으로만 발행되며 그 외에는 어떠한 발행도 없습니다. 이는 라인을 포함한 초기 벨리데이터들도 시장에서 확보한 링크로 생태계에 참가해야 한다는 것을 의미합니다. 리저브 기반 무분별한 토큰 투자도 원천적으로 불가능합니다. 토큰 이코노미 1.0에서의 1.1억 개의 유통 한도 정책 또한 영구적으로 폐지됩니다. (‘22년 기준) 블록체인의 본질은 서비스 활성화로 토큰 수요를 만드는 것입니다. 지금까지 블록체인은 많은 경...




Announcement on the Token Economy 2.0

Hello, this is LINE Blockchain at LTP. On December 22nd, thanks to the support and interest of many people, we successfully launched the 3rd-generation mainnet Finschia. As an optimized mainnet for open networks, the Finschia Network has greatly enhanced critical issues faced by the existing blockchain technology to optimize the operation of an open network and large-scale services in which anyone can participate. To solve several problems and obstacles that exist in the current blockchain market, a contribution-based yet new Token Economy 2.0 will be initiated to bring the popularity of the real Web3 into full swing. Please read further for details on the Token Economy 2.0 strategy. — 1. Zero Reserve - LINE Blockchain is moving to the “zero reserves” strategy of no pre-minted supply, and the up-to-date amount of 6,734,458 LN — a predictable inflation mechanism in which new tokens are transparently issued by the protocol — will be introduced to the degree of activation of the ecosystem. Again, LN will be issued in line with an inflation system, and no other forms of issuance will be produced, meaning that even early validators of the LINE Blockchain ecosystem, including LINE itself, would be involved in activities with LN obtained from the market. With the inflation mechanism, reserve-based reckless investments will be fundamentally blocked, and the circulation cap of 110 million LN that has been kept f...




DOSI Vault Beta 출시 및 LN 송금 관련 유의사항 안내

안녕하세요, LTP의 LINE Blockchain Team입니다. 지난 12/22(목), 라인 블록체인의 신규 메인넷 핀시아(Finschia) 론칭에 잇따라 금일 LINK 월렛 도시 볼트(DOSI Vault) Beta 서비스가 공개되었습니다. DOSI Vault는 개인이 모든 통제권을 지닌 논 커스터디얼 월렛이며, 사용자가 개인 키와 자산에 대한 모든 책임 및 권한을 가지게 됩니다. 이제 유저는 DOSI Vault Beta 서비스를 통해 안전하고 편리하게 LINK를 보관하고 전송할 수 있으며, DOSI Vault는 핀시아 위의 Web3 서비스를 이용하기 위한 창구로 사용될 예정입니다. DOSI Vault는 이더리움 대비 400배 이상 빠른 속도와 98% 절감된 가스비가 발생합니다. **LTP는 토큰 이코노미 2.0 동작하기 전 발생하는 가스비를 자산화하지 않습니다. 안전하게 LINK 보관 및 입/출금을 하실 수 있도록 유의사항을 안내드립니다. — ► DOSI Vault Beta 사용 시 유의사항. — ■ DOSI Vault BETA는 Finschia 체인의 LN 보관 및 입/출금 기능만 지원합니다. ■ DOSI Vault BETA에서 Bamboo 체인의 주소로 자금을 송금할 경우 복구가 불가능합니다. Bamboo 주소체계: hx80F8d8036275532B8C00f400a8eAE002dE88c238, Finschia 주소체계: link1iukazcrtk517u53h9l2l7cythd09c5e8kyAt6c, ■ DOSI Vault BETA는 NFT 전송 및 NFT 입/출금 기능을 제공하지 않...




DOSI Vault Beta Launch and Important Notice of LN Transfer

Hello, this is the LINE Blockchain team at LTP. LINE’s 3rd-generation blockchain network Finschia was released on December 22, 2022, and today, the LINK Wallet DOSI Vault Beta service has been launched. DOSI Vault is a non-custodial wallet where individuals have the full control, meaning that users have full access to their private keys and assets; thus full responsibility is highly required as a top priority. Users now can store and transfer LINK safely and conveniently through the DOSI Vault Beta, and the DOSI Vault will be an optimal bridge for connecting Web3 services and the Finschia, which the DOSI Vault runs on and by. DOSI Vault is 400 times faster in speed and uses gas fees that are 98% lower than Ethereum. ** LTP will not capitalize gas fees that occur before Token Economy 2.0 gets into operation. Please refer to the following precautions to ensure safe LINK storage and the deposit/withdrawal service. — ► Important notice on using DOSI Vault Beta. — ■ DOSI Vault Beta supports LN storage and the deposit/withdrawal service only. ■ When transferring LN from DOSI Vault Beta to an address on the Bamboo chain, LN will be lost and cannot be recovered. Bamboo address system: hx80F8d8036275532B8C00f400a8eAE002dE88c238, Finschia address system: link1iukazcrtk517u53h9l2l7cythd09c5e8kyAt6c, ■ DOSI Vault Beta does not support NFT transfer and NFT deposit/withdrawal functions. DOSI Wallet and LINE BIMAX ...




Mass Adoption을 향한 첫 발걸음, Finschia Network

► 웹(Web) 패러다임의 전환 - IT 붐이 일어난 시점부터 현재까지 웹(Web)이 진화하는 과정은 우리들의 일상생활에 매우 큰 영향을 미쳤습니다. 인터넷의 발전은 우리가 이용할 수 있는 정보의 양을 크게 확장했고 전 세계 방대한 양의 정보에 접근하고 콘텐츠를 소비하는 방식을 변화시켰습니다. 월드와이드웹(World Wide Web)의 첫 번째 단계이자 ‘정적(static)’ 웹으로도 알려진 Web1을 기점으로 인터넷이 처음으로 널리 사용되기 시작했으며, 다양한 콘텐츠에 접근하며 정보를 소비하는 방법에 혁명을 가져왔습니다. 이후 Web2라고 불리는 시점부터 사용자가 콘텐츠를 쉽게 공유하고 만들 수 있는 동적 및 대화형 웹 사이트의 개념이 도입되었고 이에 따라 소셜 미디어(SNS)가 빠르게 부상하였으며 이는 다른 사람들과 상호 작용하는 방식을 변화시켰습니다. 사람들은 이전에 불가능했던 방식으로 다른 사람과 연결하고 자기 생각과 경험을 훨씬 더 많은 청중과 공유할 수 있는 능력을 갖출 수 있었습니다. 앞으로 다가오는 Web3은 우리의 삶에 훨씬 더 크고 중요한 변화를 가져올 것으로 예상됩니다. 대부분 Web3이라는 개념이 새롭게 등장한 것으로 생각하고 있지만 이미 1998년에 월드와이드웹의 창시자...




LINE Blockchain 신규 메인넷 Finschia 론칭 및 LINK Migration 완료 안내

안녕하세요, LTP의 LINE Blockchain Team 입니다. 오늘 15시00분(UTC+9)에, 51,775,519번째 Block Height를 시작으로 LINE Blockchain의 3세대 메인넷인 Finschia(핀시아)가 성공적으로 론칭되었으며, LINK도 안전하게 Finschia로 이전되었습니다. LINK 홀더와 사용자들은 별도의 작업 없이 기존처럼 메인넷과 LINK를 이용하실 수 있습니다. 거래소 별 입출금 재개 일정은 거래소의 정책에 따라 상이할 수 있습니다. 정확한 정보는 거래소의 공지사항을 통해 확인 부탁드립니다. 이번 메인넷 출시와 LINK의 Migration을 통해 LINE Blockchain은 한층 더 견고하고 경쟁력있는 Blockchain Ecosystem로 거듭날 것입니다. Finschia 론칭과 LN Migration 이후 변경되는 사항들을 안내드리오니, 아래의 내용을 참고 부탁드립니다. — ► Block Height. — Finschia의 Block Height는 Bamboo의 최종 Block Height를 이어받아 기록됩니다. Bamboo의 Block 생성은 중단됩니다. Bamboo의 최종 Block Height : 51,775,518, Finschia의 최초 Block Height : 51,775,519, ** 현재 LBE에서 Bamboo의 최종 Block Height가 실제 Block Height와 동일하게 보여지지 않는 이슈가 있어 수정중에 있습니다. — ► 총 공급량 (Total Supply)과 총 유통량(Circulating Supply). — Finschia에서는 LINK 유통 과정을 투명하게 기록...




Announcement on Launch of New Mainnet Finschia

Hello, this is the LINE Blockchain Team at LTP (hereafter LINE Blockchain). At 15:00:00(UTC+9) today, starting with 51,775,519 Block Height, Finschia, the 3rd-generation mainnet of LINE Blockchain, was successfully launched. LINK was also safely transferred to Finschia. LINK holders and users can use the mainnet and LINK as before without any additional work required. The resumption schedule for deposits and withdrawals per exchange may differ depending on the policy of the exchange. For accurate information, please check the announcements of the exchange. Through the mainnet launch and LINK Migration, LINE Blockchain will become a more robust and competitive Blockchain Ecosystem. Please refer to the information below for the changes after the launch of Finschia and LN Migration. — ► Block Height. — Finschia’s Block Height takes over and is recorded from Bamboo’s final Block Height. The generation of Bamboo’s Block is discontinued. Bamboo’s final Block Height: 51,775,518, Finschia’s initial Block Height: 51,775,519, ** The final block height of Bamboo shown in LINE Blockchain Explorer is not displayed the same as the actual blockchain, and this issue is being handled. — ►Total Supply and Total Circulating Supply. — In Finschia, the Total Supply and Total Circulating Supply are counted on the same basis to transparently record and guide the LINK distribution process. (Total Supply = Circ...




The First Step Towards Mass Adoption: Finschia Network

► Transformation of the Web Paradigm - The evolution of the Web from the time of the IT boom to the present has had a great impact on our everyday lives. The development of the Internet has greatly expanded the amount of available information and changed the way we access and consume vast amounts of information around the world. Starting with Web1, also known as the “Static” Web or the first stage of the World Wide Web, the Internet first began to be widely used, revolutionizing the way people access various content and consume information. With Web2, the concept of dynamic and interactive websites where users could easily share and create content was introduced. This was followed by the rapid rise of social media (SNS), which changed the way people interact with others. People were able to interact with others and share their thoughts and experiences with a much larger audience in methods that were not possible before. The upcoming Web3 is expected to bring much greater and more significant changes to our lives. Many consider the concept of Web3 is new, however, it has already been proposed in 1998 by Tim Bernars, the founder of the World Wide Web. Until then, Web3 was simply called the “Semantic” Web and was interpreted as a service providing users with more intelligent and customized information. However, the introduction of blockchain and smart contracts has shown the possibility of the decentralized database d...




  LN NEWS


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



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 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



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



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



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



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



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 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 Sharks and Whales Add $313M Worth of LINK in Six Months

    Chainlink has been witnessing strong whale accumulation and address activity this year. Sharks and whale addresses, holding 10,000-1 million LINK, have continued to pile up tokens as the bear market set in. According to the latest data from the crypto-analytic platform, Santiment, this cohort of investors has collectively added over $312 million worth of LINK tokens to their wallets since March 3rd. 'Chainlink's shark & whale addresses (holding 10k to 1m $LINK) have been busy accumulating during the 2022 bear market. Since March 3rd, these addresses have added 47.31M LINK to their wallets, collectively. This translates to $312.7M more invested.' The whales and sharks are currently holding 17.61% of the total circulating supply of LINK, increasing their holdings by a decent 4.73% during the period of six months. Typically, an accumulation trend precedes price swings on the upsides, but that has not been the case for Chainlink. On the price front, LINK is yet to see a breakthrough after erasing much of the gains established during brief rallies last month. The most recent sell pressure can be attributed to offloading of tokens by another category of LINK addresses holding more than 10 million LINK, which controls around 54% of the total circulating supply. Outflows were also observed in whales holding between 10,000 and 100,000 LINK, which further prompted a sell-off resulting in a nearly 9% loss over the week. Yet another cohort accumulating are LINK addresses holding between... read More



Japan's Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Li...

    According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber criminals.Japan's Law Enforcement and Financial Regulator Warn Against Lazarus Group Attacks Hackers from the notorious crime syndicate Lazarus Group are reportedly targeting crypto companies in Japan, according to a recently published NPA cyber security report. Officials have applied “public attribution” to the suspects and have noted that the hackers are from North Korea and most likely members of the Lazarus gang of cyber criminals. The NPA calls Lazarus “a subordinate organization of the North Korean authorities” and says recent cyber attacks are “targeting crypto-asset-related businesses.” Japan’s NPA also notes that law enforcement officials from the U.S. Federal Bureau of Investigation (FBI) have sent out similar warnings about Lazarus Group’s specific methods of attack. The NPA details that the hackers send “employees phishing emails pretending to be executives of the target company,” and they also “approach employees of the target company” under the guise of a “false account.” The Japanese news organization Japan News details that this is the fifth time Japanese authorities hav... read More



Biggest Movers: MATIC Hits 3-Week High, LINK up Almost 10%

    Polygon raced to a three-week high during today's session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, rising by almost 10% in the process. Overall, the global crypto market cap is up 3.06% as of writing.Polygon (MATIC) Polygon (MATIC) was one of Tuesday's big movers, as the token climbed to a three-week high following yesterday's false breakout. MATIC/USD started the weekend trading at a low of $0.7548, which was marginally below its floor of $0.7690. However, as bullish sentiment returned to crypto markets, the token raced to an intraday high of $0.8336 earlier today. This high is the strongest point that polygon has hit since mid-September, and comes as the 14-day relative strength index (RSI) hit its highest point in over three weeks. As of writing, the index is now tracking at 55.90, which is marginally below a higher point of resistance of 57.65. Should this obstacle be overcome, then we will likely see the token rise closer to the $0.8500 level. Chainlink (LINK) Similar to MATIC, chainlink (LINK) also rose on Tuesday, after prices bounced from a key support point. Following a collision with its long-term floor at $7.10 on Monday, LINK/USD rallied to an intraday high of $7.72 earlier today. Tuesday's rally sees the world's 22nd largest token climb for a second consecutive session, moving closer to a ceiling of $8.05 in the process. Looking at the chart, the 10-day (red) movin... read More



Chainlink Crosses $6.18 Trillion In Transaction Value – Will This ...

    The reception of Chainlink among crypto enthusiasts has been positive. The ecosystem's transaction volume has surpassed $6 trillion, according to the project's official Twitter account. Because of this rise, the number of native integrations in the ecosystem rose from 12 to 15. At this point, it appears that Chainlink may be en route to the proverbial moon. Shouldn't a price increase coincide with improved metrics? No, not quite. The on-chain stats for LINK don't look good, according to the statistics provided by Santiment. Chainlink Market Cap Down As of this writing, there has been significantly less progress made on the LINK chain than in previous months. The value of Chainlink's stock on the market is likewise much lower. The market cap for LINK on October 2 was $284,961,375, a decline of 78.06% from its all-time high of $1,299,905,978 on September 29, data from CoinGecko show. A downward trend may be forming. However, at this time, Chainlink's price is quite volatile on the intraday and 4-hour time frames. LINK's historical volatility is rather high, ranging between 64.75 and 50.27, indicating that its price frequently fluctuates between ranges. The Stoch RSI figures are also falling, although the relative strength index of the coin is quite constant. Although the coin's performance indicates a downward trend, LINK HODLers may still have reason for optimism. Chart: TradingView.com LINK Investor Confidence Up According to statistics fr... read More



Biggest Movers: LINK Hits 6-Week High, UNI up 16% on Tuesday

    Chainlink hit a six-week high during Tuesday's session, as the token rose for a sixth consecutive session. The move saw the token rally past a key resistance level in the process. Uniswap was also in the green, with prices climbing by as much as 16% earlier in the day. Chainlink (LINK) Chainlink (LINK) rose for a sixth straight day on Tuesday, which took the token to its strongest point since mid-August. After trading at a floor of $6.55 last Wednesday, LINK/USD has rallied in back-to-back sessions, with today seeing prices hit a high of $8.36. Tuesday's top is the highest mark that chainlink has hit since August 17, days after a failed breakout from the $9.50 level. Looking at the chart, today's price surge came after a successful move beyond a ceiling of $8.05. In addition to this, there was another breakout, with the 14-day relative strength index (RSI) marginally climbing past a resistance of its own. As of writing, the index is now tracking at 61.03, which is its highest point since August 14. Uniswap (UNI) Another notable gainer on Tuesday was uniswap, which rose by as much as 16% during today's session. UNI/USD surged to a high of $6.68 on Tuesday, which saw prices climb to their highest point since September 13. As a result of today's move, uniswap is now trading near a ceiling of $6.70, which has historically been a point of contention. Earlier gains have somewhat eased as the day has progressed, and as of writing the token is trading at $6.61. This is a result of... read More



LINK Jumps 5%: BTC Awaits its Next Move at $19K (Market Watch)

    The price of bitcoin seems stuck around the $19,000 level for the past few days, and the asset has remained there now as well. Most altcoins are also calmer on a 24-hour scale on Sunday, with Chainlink emerging as today's top performer. Bitcoin Quiet at $19K Although bitcoin is quite stagnant now, this wasn't the case earlier this week. The asset had jumped from $18,300 to $20,000 in a day ahead of the US Federal Reserve's latest interest rate hike, but once the increase of 75 basis points became official, it dumped by almost $2,000 once more. This resulted in a drop to $18,100 - a new three-month low for BTC. As fear was once again settling in the markets, the bitcoin bulls stepped up and pushed the asset to over $19,000. The next few days saw minor volatility, with the most notable increase taking the cryptocurrency to just over $19,500. However, that was short-lived, and BTC returned to around $19,000, where it's currently stuck. Its market capitalization is still at approximately $365 billion, while its dominance over the alternative coins is back at 39%. BTCUSD. Source: TradingView LINK Pops Out The alternative coins had a volatile week of their own, but most are significantly more stable now. Ethereum, which dumped by more than 20% after the Merge was implemented, is now slightly in the green and stands above $1,300. Cardano is quite stagnant as well, even though the Vasil upgrade went live a few days ago. Solana and Shiba Inu are with minor increases, too. In contrast,... read More



Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher

    Cosmos was once again in the green, as the token moved closer to a four-month high during Friday's session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session.Cosmos (ATOM) Cosmos (ATOM) continued to trade higher on Friday, as the token moved closer to a multi-month high. ATOM/USD rose to an intraday high of $16.25 in today's session, pushing prices above a key resistance level in the process. The aforementioned ceiling is the $16.15 level. The move comes less than 24 hours after prices were trading at a low of $14.40. Friday's surge takes the token closer to last Friday's peak of $17.20, which was the highest point for ATOM since May 9. As seen from the chart above, the 14-day relative strength index (RSI) is tracking at the 65.00 mark, which has historically been a level of resistance. If cosmos were to recapture, and surge past last week's high, then the likelihood of ATOM moving above $17.20 would exponentially increase. Chainlink (LINK) Like ATOM, chainlink (LINK) also rose for a third consecutive session on Friday, as bulls continued to push prices toward a key resistance level. Following a low of $7.07 on Thursday, LINK/USD raced to an intraday high of $7.77 earlier in the day. This peak pushed the token closer to its long-term price ceiling of $8.05, which is the level LINK was trading at to start the week. However, following disappointing inflat... read More



Biggest Movers: DOT, LINK Rise to Multi-Week Highs on Monday

    Polkadot rose to a multi-week high to start the week, as price increased for a second straight day. The token briefly broke out of a key resistance point, during Monday's surge. Chainlink also moved to its highest point in nearly two weeks, with the token now trading nearly 13% higher in the last seven days.Polkadot (DOT) Polkadot (DOT) was higher for a second successive session, as prices of the token neared a two-week high. Following a low of $7.21 on Sunday, DOT/USD surged to an intraday high of $7.61 to start the week. The move saw polkadot briefly break out of its long-term resistance level of $7.60, before swiftly retreating. As seen from the chart, this resistance point has historically been a point of uncertainty, with bears recently dominating sentiment around this area. Since earlier highs, DOT is now trading at $7.52, as bulls opted to secure gains shortly after colliding with the aforementioned resistance. Bulls will likely continue to target a breakout, with the higher ceiling of $8.10 a potential exit point. Chainlink (LINK) Chainlink (LINK) was also higher on Monday, as it too moved closer to its strongest level in the last two weeks. LINK/USD surged to a high of $7.25 to start the week, which is the highest point it has hit since August 25. As with polkadot, Monday's move led to a breakout, with LINK surging past its ceiling of $7.20. The move came as another resistance level was broken, this being that of the 14-day relative strength index (RSI). As of wri... read More



Chainlink In Bearish Mood As LINK Price Retreats To $8.63

    Chainlink (LINK) price is showing a bearish momentum as the market appears to be showing signs of fatigue. Chainlink price outlines bearish strides LINK/USD pair key support spotted at $8.54 Pair resistance seen at $9.26 The LINK/USD pair price slips on a downtrend as seen overnight which has been predictable overall. More so, the market also suffers a loss of 4.80% as seen in the past 24 hours and currently faces key resistance at $9.26. For now, LINK price appears to be extremely bearish with key support seen at $8.54. LINK Price Sheds 1.83% The daily chart reveals that the LINK/USD pair has suffered a massive decline as seen in the past 24hours. The plunge of LINK has been consistent with its bearish stance. According to CoinMarketCap, LINK price has been down by 1.83% or trading at $8.51 as of this writing. It seems to have fallen from its support line of $8.54. The current trading volume is down by 24.51% or at $363,041,655 with the market cap at $4 billion. Apparently, LINK price has been circling the $8 mark as seen since Sunday. Judging by the daily price chart, the LINK/USD pair is seen to be immensely bearish for the past few hours with the MACD lingering in the bearish zone. RSI for LINK is spotted at 42.09 and is stepping into the oversold zone which signals that market could go down further. To date, the 50-day moving average is present at $10.48 while the 200-day moving average is hovering at $12.19 signaling that the market is having a marked decline. Cha... read More



Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since Ju...

    Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today's session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month high earlier in the day.Ethereum Classic (ETC) Etherum classic (ETC) was trading close to a four-month high in today's session, as the token extended recent gains. Following three consecutive days of gains, ETC/USD rallied to an intraday high $44.31 on Friday. This comes less than 24 hours after the token was at a low below $38.00, and it's now climbing towards a recent high of $45.40. Looking at the chart, this peak at the $45.40 area is the most ETC has hit since April 7, which came days after prices fell below $50.00. As of writing, ethereum classic has now marginally declined, and is currently trading at $42.04. This comes as the relative strength index (RSI) of 14 days collided with a resistance level of 71, which is the highest point since July 31. Should ETC bulls intend to recapture those multi-month highs, then this is an obstacle that must be overcome. Chainlink (LINK) In addition to ETC, chainlink (LINK) was trading higher in today's session, as prices climbed to their highest point since June. After residing at a floor of $8.85 on Friday, LINK/USD surged to a high of $9.43 earlier in today's session. This peak saw LINK trade at its most since June 9. As seen on the chart, the m... read More



Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Lo...

    MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in the process. Polygon (MATIC) MATIC was a notable mover on hump-day, as prices of the world's 20th-largest cryptocurrency fell by almost 10%. Following a peak of $0.4331 on Tuesday, MATIC/USD slipped to a low of $0.3658 earlier in today's session. Wednesday's move saw prices drop for a sixth consecutive day, hitting their lowest point since May 2021 in the process. Overall, prices are down by over 35% in the last seven days, with the 14-day RSI also tracking at a one-month low. As of writing, the Relative Strength Index is hovering at 26.2, which is its lowest point since May 13. MATIC still appears to be looking for a stable price floor, and should this not be found, we might see even further lows in upcoming sessions. Chainlink (LINK) Following recent drops in price, LINK rose on Wednesday, as it moved away from multi-year lows during today's session. LINK/USD rebounded from a low of $5.88 on Tuesday, to hit an intraday peak of $6.87 earlier in the day. This move comes as prices re-entered the support point of $6.15, following yesterday's breakout, which took LINK close to a two-year low. Since breaking back into this level, bulls now seem to be targeting resistance at $7.60, however there are some hurdles in the way of this happening. The first and main, is likely to be the... read More



Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday

    Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today's session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued its recent run on Thursday, as prices rose by almost 9% during today's trading session. Following a low of $8.49 on Wednesday, LINK/USD rallied to an intraday peak of $9.46 on Thursday, cementing a four-week high. Today's peak saw prices rise to their highest point since May 10, as LINK made its way down from the $11 level. However, as a result of recent runs, LINK now looks set to surge even further, eventually recapturing the $10 point in the process. After a false breakout yesterday, Thursday's move also saw prices fully move beyond resistance at $8.80. As of writing, the 14-day RSI is two points below a ceiling of 64, which could be a signal to bulls to close earlier positions, securing gains in the process. Tezos (XTZ) In addition to LINK, XTZ also rose to a four-week high on Thursday, with prices climbing by as much as 9%. As of writing, XTZ/USD hit an intraday high of $2.23 in today's session, which is its highest level since May 9. Looking at the chart, the move took prices marginally above a resistance level of $2.20, but slipped up as the session progressed. Although prices continue to remain close to today's highs, the fact that the Relative Strength Index has hit a ceiling has w... read More



Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run

    LINK remained close to a one-month high earlier in today's session, as crypto markets shook off some of Tuesday's volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around a one-month high during today's session, following a recent four-day bull run. The run commenced near a support level of $6.70, and took price above its recent resistance point of $8.80. As a result of this move, LINK/USD rose to a four-week high of $8.95 late on Tuesday, with prices peaking at $8.86 so far in today's session. Looking at the chart, the move also comes as the 10- and 25-day moving averages crossed, which is the first time this has happened since March 20. In addition, the 14-day Relative Strength Index (RSI) is hovering around 56.21, which is its highest reading in over two months. So far, LINK bulls have relaxed following earlier highs, likely as bears re-entered at resistance. The question now is whether we will see a breakout this week. Cardano (ADA) Whilst LINK has risen for four straight sessions, ADA climbed for a fifth-consecutive day on Wednesday, as prices broke through resistance. ADA/USD rallied to an intraday peak of $0.6537 earlier today, which is its highest point since May 31. Today's move saw prices push past the ceiling of $0.6460, hitting a nine-day high as a result of this surge. While bullish momentum is still present in ADA, traders will likely be looking to... read More



Chainlink Staking Roadmap Update Pushes LINK Prices up 12%

    On June 7, the Chainlink team published its 'Long-Term Goals, Roadmap, and Initial Implementation,' outlining the following stages for the data oracle blockchain project. The blog post referenced 'Chainlink Economics 2.0' with a focus on staking as part of the endeavor to scale the system and integrate more blockchain networks. Staking is a mechanism that brings a new layer of 'cryptoeconomic security' to Chainlink, it explained. The same is true for most proof-of-stake blockchains that reward stakers for helping to secure the network. Staking marks the start of #Chainlink Economics 2.0, a new era for the long-term security and sustainability of oracle networks. In this update, we define the long-term goals, roadmap, and initial implementation of staking in the Chainlink Network.https://t.co/WJkoUzPA0i — Chainlink (@chainlink) June 7, 2022 Focus on Staking There are four long-term goals for Chainlink, which launched oracles on Solana earlier this month, staking but the underlying principle was explained as follows: “The staking of LINK in turn enhances the ability for nodes to receive jobs and earn corresponding fees within the Chainlink Network.” The primary goal of staking is to increase the security and user assurances of Chainlink oracle services. LINK tokens are locked up as a 'service-level guarantee around network performance,' it explained. Furthermore, incentives and penalties such as slashing enable Chainlink nodes to consistently generate accura... read More



Here's Ripple exec's take on NFTs on XRP Ledger, Bitcoin&rsq...

    Ripple CTO David Schwartz was the guest this week on the latest episode of the Thinking Crypto podcast. During the same, he discussed the future of NFTs with XLS-20, the Ripple ODL model, and how Ripple ODL is well ahead of any of its competitors. Of NFTs and more… On the topic of XLS-20, he stated that the issuance of NFTs on XLS-20 started off as a proof of concept. This is now being implemented in code. He further mentioned that the XRP Ledger is a great way to deliver NFTs owing to its green design and the low costs involved. The interoperability of the platform with over 5,000 currencies as a distributed exchange is an added advantage. When comparing the XRP ledger with the Ethereum network, Schwartz pointed out that, unlike the latter, the XRP ledger doesn’t have the function where one can build their own NFT systems using smart contracts. However, the transaction costs related to the ETH network are much higher than those of the former. “Because it doesn’t require smart contracts to offer that functionality, it eliminates the risk of smart contract bugs or compatibility between different smart contracts.” Is ODL the future of payments? As far as On-Demand Liquidity (ODL) is concerned, David Schwartz also discussed the introduction of the “Liquidity Hub.” In doing so, Schwartz compared it to the original model of XRP tokens that were bought on the open market to be exchanged across countries. Liqui... read More



Biggest Movers: LINK Hovers Near Long-Term Support as ZIL Loses 10% of I...

    ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was one of the biggest crypto movers on Monday, as prices dropped by as much as 10% to start the week. After trading at a high of $0.1154 on Easter Sunday, ZIL/USD raced to an intraday bottom of $0.1015 during Monday's session. Today's drop sees ZIL fall for the fourth consecutive session, pushing prices below its recent support level in the process. This floor of $0.1030 gave way for the first time this month, with prices falling to their lowest level since late March. In addition to this, the 14-day RSI also saw its own floor broken, as price strength continued to track in oversold territory. Following a high of $0.2300 to start the month, ZIL has seen consistent falls in price, which now means prices are over 50% lower so far in April. Chainlink (LINK) Similar to ZIL, LINK has fallen for much of April thus far, as prices moved away from multi-month highs. As of writing, LINK/USD slipped to a bottom of $13.21, following a high of $14.52 during yesterday's session. This move sees LINK trading around 8% lower to start the week, and has led to a breakout of the $13.50 price floor. As a result of today's drop, prices have fallen to their lowest point since March 15, which could be good news for bulls looking to buy the... read More



Market Watch: LINK and AXS Explode 10%, Bitcoin Maintains $38K

    Bitcoin tried to take down $39,000 but was stopped and dropped to its current level of around $38,000. Most altcoins are slightly less fluctuating today, with Ethereum standing at $2,600. Chainlink and Axie Infinity are among the best performers. Bitcoin Stands Still at $38K It was just a few days ago when the primary cryptocurrency dropped two consecutive times to $35,500 after failing to overcome $36,000. However, the bulls stepped up at this point and pushed the asset north. BTC reclaimed the aforementioned level and, after a brief retracement, went on the offensive again. This time, the increase was more gradual than sudden, and bitcoin tapped $38,000, as reported yesterday. In the following hours, the asset kept climbing. As a result, it went to a daily high at nearly $39,000. However, it failed to break above that level and, as of now, has declined by several hundred dollars. Nevertheless, its market capitalization has remained above $700 billion after dropping below that level earlier this week. BTCUSD. Source: TradingView LINK and AXS Take the Lead The alternative coins registered impressive gains yesterday, and most have calmed today. Ethereum continues with its recovery session as the second-largest crypto dipped to $2,000 earlier this week. Now, though, ETH stands above $2,600 after another minor daily increase. Binance Coin and Terra have retraced slightly since yesterday, but Cardano, Ripple, Polkadot, Dogecoin, Avalanche, and Shiba Inu have tapped minor gains. T... read More



LUNA Drops 20% As Investors Panic, What Is The Link With Anchor And UST?

    LUNA has been dropping sharply in the past few days, deeper than larger cryptocurrencies. As of press time, Terra’s native token moves on critical support barely above $50 with a 16.4% loss in the last 24 hours. Related Reading | Terra Announces Non-Profit ‘Luna Foundation Guard’ LUNA on a downtrend in the 4-hour chart. Source: LUNAUSDT Tradingview According to Wu Blockchain, the token lost as much as 20% in the last day. Apparently, retail investors have been panic selling their LUNA funds due to concerns about several of its dApps and UST. The latter is one of many stablecoins operating on the Terra ecosystem which is based on a supply and demand mechanism to maintain its peg. As NewsBTC reported back in December, UST has been gaining relevance across the DeFi sectors. The stablecoin allows holders access to the Anchor Protocol, Terra-based lending and borrowing application that consistently offered its users a 19.5% compounding yield on their UST deposits. This rate surpasses that of its competitors, some of which have issues offering a 10% yield with similar products. However, the current downtrend in the crypto market has heavily impacted LUNA and the Terra ecosystem. Some users believe the ecosystem as a whole could be in danger as a result of a reduction in Anchor’s reserves which according to some projections could reach $0 in the coming weeks. Without these funds, the protocol would be unable to pay off its users and due to Terra’s mec... read More



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