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LN

LINK  

#LN

LN Price:
$32.33
Volume:
$199.3 K
All Time High:
$348
Market Cap:
$0.2 B


Circulating Supply:
5,974,351
Exchanges:
1
Total Supply:
6,044,999
Markets:
2
Max Supply:
Pairs:
2



  LN PRICE


The price of #LN today is $32.33 USD.

The lowest LN price for this period was $0, the highest was $32.33, and the current live price for one LN coin is $32.32769.

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 SOL or other crypto coins.


  LN OVERVIEW


The code for LINK crypto currency is #LN.

LINK is 2.5 years old.


  LN MARKET CAP


The current market capitalization for LINK is $193,136,963.

LINK is ranked #1067, by market cap (and other factors).


  LN VOLUME


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

Today's 24-hour trading volume across all exchanges for LINK is $199,279.


  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 1 crypto exchange.

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



[pr]라인 넥스트, 글로벌 Nft 플랫폼 ‘도시(dosi)’ 베타 버전 출시

■ 소셜 로그인 및 간편한 결제 수단 지원해 높은 접근성으로 NFT 대중화 앞장 ■ 지옥·다이아 티비·아뽀키·나우드롭스·알파크루즈 등 한정판 NFT 프로젝트 순차적 판매 개시 2022년 9월 14일 — 글로벌 메신저 플랫폼 라인의 글로벌 NFT(Non-Fungible Token, 대체 불가능한 토큰, 이하 NFT) 플랫폼 자회사인 라인 넥스트(LINE NEXT Inc., 대표: 고영수)가 글로벌 NFT 플랫폼 ‘도시(DOSI)’의 베타버전을 출시하고 글로벌 180여 개국에 9개 언어로 서비스를 시작한다. ‘도시(DOSI)’는 한국어의 도시(City)에서 어원을 가져왔으며, 전 세계 창작자, 기업 그리고 팬덤이 스스로 가상 경제권과 도시를 만들어간다는 의미를 가진다. 도시는 기업 및 브랜드가 NFT를 판매할 수 있는 브랜드 스토어인 ‘도시 스토어(DOSI Store)’, 엔터테인먼트나 게임 등의 콘텐츠 특화 서비스와 전용 NFT 지갑인 ‘도시 월렛(DOSI Wallet)’, 그리고 NFT 기반 멤버십인 ‘도시 시티즌(DOSI Citizen)’으로 구성되어 있다. 라인 넥스트는 누구나 간편하게 사용할 수 있는 서비스를 제공해 보다 많은 유저에게 NFT의 실질적인 가치를 전달하여 NFT 대중화에 기여하고자 한다. 기업 및 브랜드는 NFT 제작 및 글로벌 마케팅 활동을 지원받으며, 간편하게 NFT...




[PR]LINE NEXT Launches Global NFT Platform DOSI Beta Version

■ DOSI aims to provide a great user experience for NFTs through social logins and user-friendly payment methods ■ Hellbound, DIA TV, APOKI, and NOW. Drops to sell limited NFT collections on their stores SEONGNAM, South Korea — September 14, 2022 — LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the NFT ecosystem, announced today that it has opened the beta version of the global NFT platform DOSI, available in 9 languages and in 180 countries. Named after the Korean word for “city”, DOSI is an NFT platform designed to be a virtual metropolis for creators, companies and fandoms around the world. LINE NEXT focuses on delivering practical value on DOSI through usability and services. Companies and brands can receive NFT production and marketing support to easily set up their own brand stores on “DOSI Store” and sell brand-related NFTs, as well as operate community and membership programs. To use DOSI, users can sign up for a DOSI Wallet and log in using all sorts of social media accounts, including LINE, Facebook, and Google. DOSI Wallet offers a range of user-friendly payment methods, including credit cards and mobile payment services like Naver Pay (in Korea), all without any commission fees for minting NFTs (cryptocurrencies are scheduled to be added as a payment option soon). Once a user creates a DOSI Wallet, they will be given a unique PFP (profile photo) NFT which is used fo...




[EN]LINE Blockchain Monthly Newsletter: August 2022

LINE Blockchain Monthly Newsletter: August 2022 - The worst of the summer heat has broken and fall is just around the corner. We hope everyone had a happy Chuseok holiday too! (It’s the big autumnal festival in Korea). Since the launch of the DOSI teaser site, LINE NEXT has been gearing up to provide everyone a chance to experience the DOSI Store early as possible. Thanks to all those at LINE NEXT who worked so hard to make this happen, they hope you will enjoy the entertaining content that only DOSI can offer, starting in the third quarter of this year. — ⎮ Highlights & Main News - — LINE NEXT Introduces 5 NFT Projects on DOSI Teaser Site - Related article With the release of the DOSI teaser website, several IP brands (AlphaCrewz, Now. Drops, Hellbound, DIA TV, and APOKI) will also be launched on the DOSI Store. DOSI Store is a space where companies and brands can sell NFTs, and the global beta version (including Japan) will be released in the third quarter of this year. — LINE Xenesis x STEPN - Related article LINE Xenesis recently signed an MOU with Find Satoshi Lab Limited to develop STEPN, a move-and-earn service, for the Japan market based on the LINE Blockchain. A number of media outlets, such as Yahoo! and New Economy — a Web3-specific Japanese media, covered this deal where STEPN was mentioned as a Japanese trend on the business and finance Twitter accounts as well. LINE Xenesis p...




[KR]LINE Blockchain Monthly Newsletter: August 2022

LINE Blockchain Monthly Newsletter: August 2022 - 바람이 제법 선선해졌습니다. 추석 명절을 뒤로하고 단풍잎이 휘날리는 가을이 다가왔는데요. 가을맞이는 무탈하게 하고 계신지요? 라인 넥스트는 여러분들께서 DOSI 서비스를 하루빨리 경험하실 수 있도록 이번 달 베타 론칭을 위해 치열한 8월 한 달을 보냈습니다. DOSI 베타 버전에서는 다양한 NFT 구매는 물론 각 브랜드 별 커뮤니티 및 멤버십 프로그램을 통해 도시만이 선보이는 특별한 재미 요소가 공개될 예정이니 많은 응원과 기대 부탁드립니다. — ⎮ Highlights & Main News - — 라인 넥스트, 글로벌 NFT 플랫폼 ‘도시(DOSI)’ 티저 웹사이트서 5개의 NFT 프로젝트 최초 공개 - 관련 기사 읽기 도시 티저 웹사이트 공개와 함께 알파크루즈, 나우 드롭스, 지옥, 다이아 티비, 아뽀키 등이 도시 스토어에 최초 입점 예정입니다. 도시 스토어는 기업 및 브랜드가 NFT를 판매할 수 있는 공간으로 일본을 포함한 글로벌 베타 버전이 올해 3분기 공개될 예정입니다. — 라인 제네시스 x STEPN - 관련 기사 읽기 라인 제네시스는 ‘파인드사토시랩’과 라인 블록체인 기반 무브 앤드 언 서비스 ‘스테픈’ 개발 업무 협약을 체결했습니다. 이후 Yahoo!, new econ...




[pr]라인 자체 암호자산 링크(link), 암호화폐 거래소 Mexc 글로벌에 상장

■ MEXC에서 링크(LN)와 비트코인(BTC) 간 거래 가능 ■ 상장 기념해 4만 달러 상당의 링크 보상 이벤트 진행 2022년 8월 12일 — 라인 주식회사(LINE Corporation/이하 라인, 대표이사 사장: 이데자와 다케시/Idezawa Takeshi)의 블록체인 사업 자회사인 라인테크플러스는 자체 암호자산인 링크(LINK)를 암호화폐 거래소 MEXC 글로벌(MEXC Global/이하 MEXC: 대표이사 존 첸/John Chen)에 11일 상장했다. MEXC는 초당 최대 140만 거래를 지원하는 고성능 매칭 엔진 기술을 도입한 거래소로, 전 세계 70여개 국가에서 1,400종류 이상의 암호화폐 거래 서비스를 제공하고 있다. 이용자는 MEXC에서 링크를 비트코인(Bitcoin)과 거래할 수 있다. 이번 상장으로 링크는 비트프론트(BITFRONT), 라인 비트맥스(LINE BITMAX), 빗썸(Bithumb), 그리고 MEXC까지 총 4개 거래소에서 거래가 가능해졌다. 라인은 이번 글로벌 거래소 상장을 통해 링크의 유동성을 확대하고, 링크 생태계를 더욱 견고히 하고자 한다. 라인과 MEXC는 이번 상장을 기념해 총 4만 달러 상당의 링크 보상 이벤트를 진행한다. MEXC에 1 링크 이상을 예치한 홀더라면, 5천 달러 상당의 링크를 예치 금액에 비례해 분배 받는다. 또한, MEXC의 상위 30위 이내 링크 홀더가 되면 2만 달러 상당의 ...




[PR]LINE Crypto Asset LINK Lists on MEXC

■ Global users can trade LINK with Bitcoin on MEXC digital asset exchange ■ The Deposit & Hold to Earn Event, worth US$40,000, is being held to commemorate the listing TOKYO — August 12, 2022 — LINE Tech Plus, a subsidiary of LINE Corporation and operator of LINE’s crypto asset and blockchain-related businesses, announced today that LINE’s crypto asset LINK is now available on MEXC Global, a leading digital asset and cryptocurrency trading exchange. MEXC is an exchange that employs high-performance matching-engine technology capable of handling a gigantic 1.4 million units per second, and provides more than 1,400 crypto asset trading services in 70 countries. Users can trade LINK (LN) with Bitcoin (BTC) on MEXC. With this exchange, LINK now can be traded on BITFRONT, LINE BITMAX, Bithumb, and MEXC. LINE plans to further expand LINK’s liquidity and strengthen its ecosystem by listing on one more global exchange. In addition, LINE and MEXC are holding the Deposit & Hold to Earn Event, valued at US$40,000, to commemorate the new listing. When a holder deposits 1 LINK or more to MEXC, that holder will join a pool of US$5,000 worth of LINK, in proportion to the deposit amount. Furthermore, the top-30 LN holders on MEXC will win a share of a LINK prize pool worth US$20,000. Plus, an additional event will distribute US$15,000 worth of LINK for users holding over 10 LN on MEXC but less than the top-30 (...




[EN]LINE Blockchain Monthly Newsletter: July 2022

LINE Blockchain Monthly Newsletter: July 2022 - In Korea, an exceptionally long rainy season filled almost the entire month of July, alternating with a brutal heat wave. We know that many people were disappointed with the delay in launching DOSI last month, but we are here to introduce a few friendly IP products that will lower the entry barrier for NFTs. This month, we focus on the NFT businesses of LINE’s various blockchain affiliates. — ⎮ Highlights & Main News - — LINE NEXT Announces Strategic Investment Agreement With 10 Partners. — Related article LINE NEXT Inc., has signed a strategic agreement with 10 companies, including SoftBank Corp., NAVER, CJ ENM, and Emart, to develop NFT projects based on their IP content. LINE NEXT believes that close cooperation and alliances with companies and their IPs and services will be an essential factor in determining the success of the global NFT platform business, and therefore decided to invest about US$10 million in these ventures. This strategic investment is a strengthened version of DOSI’s partnerships with 26 companies, already unveiled in March, and an extensive market entry to DOSI is highly expected with active mutual cooperation from leading companies. DOSI released its teaser page on August 1, and intends to bolster its competitiveness through this strategic investment agreement as a global NFT leader. — LINE NFT Starts Trial Service o...




[KR]LINE Blockchain Monthly Newsletter: July 2022

LINE Blockchain Monthly Newsletter: July 2022 - 유난히 장마가 길었던 한 달이었습니다. 더위가 한풀 꺾이길 바라면서도 끝나지 않을 무더위에 노심초사하다 보니 어느덧 입추가 찾아왔네요. 글로벌 원 프로덕트 소식 알린 지난달 론칭이 연기된 것에 실망을 하신 분들도 많았겠지만 NFT에 모두가 쉽게 입문할 수 있도록 진입장벽을 낮추고자 친근한 IP들이 소개된 소식을 전해드립니다. 이번 뉴스레터는 NFT 사업에 총력을 기울이는 라인의 각 블록체인 계열사들의 이야기를 담아보았습니다. — ⎮ Highlights & Main News - — 라인 넥스트, 소프트뱅크 등 10개사서 130억 전략적 투자유치. — 관련 기사 읽기 라인 넥스트는 소프트뱅크, NAVER, CJ ENM, Emart 등 10개사와 NFT 사업 관련 전략적 투자를 유치하였습니다. 라인 넥스트는 다양한 브랜드 IP 보유 기업 및 서비스 기업과의 긴밀한 협력과 제휴를 Global NFT 플랫폼 사업의 성공을 결정하는 필수 요건으로 보고 약 1천만 달러 규모의 투자를 추진하게 되었습니다. 지난 3월 공개한 라인 넥스트 26개사 파트너십에서 일부 강화된 형태로 콘텐츠, 유통, 투자, 게임, 메타버스, 엔터테인먼트 등 주요 산업별 선도 업체들로부터의 전략적 투자 및 적극 상호 협력...




[PR]라인 제네시스, ‘파인드사토시랩’과 라인 블록체인 기반 무브 앤드 언(Move and Earn) 서비스 ‘스테픈’ 개발 업무 협약 체결

■운동하며 돈 버는 ‘무브앤드언(Move and Earn)’ 서비스의 일본 현지화 출시 위해 라인 블록체인 활용 2022년 8월 9일– 라인 주식회사(LINE Corporation/이하 라인, 대표이사 사장: 이데자와 다케시/ Idezawa Takeshi)의 암호화폐 및 블록체인 사업 자회사인 라인 제네시스 주식회사(LINE Xenesis, 대표이사 사장: 임인규, 이하 ‘라인 제네시스’)는 운동하며 돈 버는 ‘무브 앤드 언(Move and Earn)’ 서비스 스테픈(STEPN)을 운영하는 파인드사토시랩(Find Satoshi Lab Limited)과 라인의 독자적 블록체인 네트워크인 라인 블록체인(LINE Blockchain)을 기반으로 한 스테픈 서비스 개발을 위한 업무 협약을 체결했다. 라인 제네시스와 파인드사토시랩은 라인 블록체인을 활용하여, 스테픈의 일본 현지화 출시를 위해 협력한다. 스테픈은 사용자의 걸음 수에 따라 암호자산 수익을 창출할 수 있는 세계 최초의 ‘무브 앤드 언(Move and Earn)’ 블록체인 게임 서비스다. 2021년 12월 베타 버전 출시 후, 거리두기 시행으로 인해 운동 부족을 고민하는 사용자를 위한 피트니스 앱으로 인기를 끌었으며, 7월 15일 기준으로 글로벌 사용자 수가 450만, 글로벌 월간 활성 사용자수 300만을 기록하는 등 큰 주목을 받고 있다 향후 양사는 스테픈의...




[PR]LINE Xenesis and Find Satoshi Lab Limited Conclude MOU Regarding STEPN Development Utilizing…

[PR]LINE Xenesis and Find Satoshi Lab Limited Conclude MOU Regarding STEPN Development Utilizing LINE Blockchain - ■ Aiming to collaborate in the localization and provision of the “move-and-earn” app for the Japanese market LINE’s crypto asset and blockchain-related business developer LINE Xenesis Corporation (Location: Shinagawa Ward, Tokyo; Representative Director and CEO: Lim Inkyu) (“LINE Xenesis” below), and Find Satoshi Lab Limited (“Find Satoshi” below), operator of the “move-and-earn” game app STEPN, are pleased to announce the conclusion of a memorandum of understanding (MOU) aiming to develop STEPN on LINE’s proprietary blockchain “LINE Blockchain”. LINE established LINE Blockchain Lab in April 2018, and has since pursued the development of dApps that apply blockchain technology as well as research into P2P network-based distributed systems and encryption technology. It developed LINE Blockchain (LINE’s proprietary blockchain) and used it as a base to issue the company’s unique crypto asset LINK. The entire group is now developing and operating various blockchain-related businesses, including the crypto asset trading services LINE BITMAX (in Japan) and BITFRONT (globally) as well as a comprehensive NFT marketplace called LINE NFT. LINE Xenesis and Find Satoshi recently concluded an MOU aiming to utilize LINE Blockchain in the localization of STEPN for the Japanese market. STEPN is the ...




  LN NEWS


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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