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Chainlink

Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.

Chainlink (LINK) is in a downtrend due to its recent collapse on November 9. The altcoin fell to a low of $5.77, but the bulls bought the dips. The cryptocurrency corrected upward to a high of $7.50 on November 10.

Chainlink Will Further Decline as It Faces Rejection at $7.50

The team behind Chainlink (LINK) says the decentralized oracle network is offering a service that can address the transparency issues in the crypto industry after the recent FTX fiasco.

In Light of the FTX Collapse, Team Behind Chainlink (LINK) Offers a Proof of Reserve Solution

Chainlink (CRYPTO: LINK) is up 9.93% in the past 24 hours, after the altcoin announced as many as 14 integrations across four different chains: Arbitrum (CRYPTO:ARB), BNBChain (CRYPTO: BNB), Ethereum (CRYPTO: ETH), and Polygon (CRYPTO: MATIC). What Happened: Popular crypto analyst Michaël van de Poppe tweeted on Monday to his 642,000 followers that the LINK graph shows “a bounce”.

Chainlink Jumps 10% — And Crypto Trader Sees 'Fine Continuation' Toward This Key Level

Bitcoin

Ethereum

A closely followed crypto trader known for calling moves in the altcoin market says that Bitcoin (BTC) and two other digital assets are ready for rallies this week. The pseudonymous analyst known as Kaleo tells his 538,000 Twitter followers that Bitcoin is about to break out and target the $22,700 area.

Top Trader Forecasts Imminent Rallies for Bitcoin, Chainlink (LINK) and One of Ethereum's Biggest Rivals

One crypto analyst is predicting a rally for Ethereum (ETH)-based altcoin Chainlink (LINK) while updating his forecast on Dogecoin (DOGE) and ETH scaling solution Polygon (MATIC).

Top Crypto Analyst Predicts Big Breakout for One Ethereum-Based Altcoin, Updates Outlook on Dogecoin and Polygon

Quick take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. Chainlink is the leading oracle service provider in DeFi by a wide margin.  Purely on-chain oracles have a place in DeFi but aren't always the optimal solution, particularly for latency-sensitive applications.  To fulfill this market need, Chainlink recently announced a new product offering with a hybrid infrastructure consisting of both on- and off-chain components. 

Rapid Insights: Chainlink's Hybrid Oracle Solution for DeFi Derivatives

Chainlink (LINK) creator Sergey Nazarov is making some predictions for crypto and blockchain technology for the coming year. In a new interview on Real Vision Crypto, Nazarov says with certain security advancements, more crypto applications will be able to start operating between multiple blockchains.

Chainlink Creator Sergey Nazarov Makes Crypto Prediction for 2023 As SWIFT Partnership Enters New Phase

The price of Chainlink (LINK) is in an upward correction after crossing the 21-day line SMA. The cryptocurrency is moving above the 21-day line but below the 50-day moving average.

Chainlink Is in a Small Range as It Faces Rejection at $7.37

The analyst who accurately called the end of Bitcoin's (BTC) bull market last year is predicting a considerable rally for one Ethereum-based (ETH) altcoin. The pseudonymous analyst known in the industry as Pentoshi tells his 640,900 Twitter followers that decentralized oracle Chainlink (LINK) has one of the best-looking charts on a high timeframe perspective.

Top Analyst Predicts Strong Rally for One Ethereum-Based Token, Says Altcoin Markets Gearing Up for Bounce

A leading analytics firm says that deep-pocketed crypto investors are rapidly loading up on two tokens issued on the Ethereum (ETH) blockchain. Santiment says that crypto whales are gobbling up Kyber Network (KNC), a blockchain-based exchange that aims to aggregate liquidity and facilitate instant swaps between ERC-20 tokens, all without the involvement of any middlemen.

Crypto Whales Are Rapidly Accumulating Two Ethereum-Based Altcoins, According to Analytics Firm Santiment

The price of Chainlink (LINK) has resumed selling pressure after falling below the current support. In the previous price action, Chainlink moved between $6.60 and $8.00 price levels.

Chainlink Regains Bullish Momentum above the $6.60 Support

A popular crypto strategist known for his timely altcoin calls says that Ethereum (ETH) and decentralized oracle network Chainlink (LINK) are setting the stage for a big move to the upside.

Ethereum and Top Ethereum-Powered Altcoin Gearing Up for Big Moves, Says Crypto Analyst

Cardano

A popular analyst and trader says he remains bullish on XRP despite the overall uncertainty in the crypto markets. In a new blog post, Michaël van de Poppe says XRP is one of the strongest movers in the markets as of late.

Popular Analyst Says XRP To Witness Upward Momentum, Updates Forecast for Cardano and One Other Altcoin

The price of Chainlink (LINK) is in a sideways trend as it trades below the moving average lines. The cryptocurrency is trading in a limited range between $6.70 and $8.00.

Chainlink Recovers from the $6.29 Low As It Resumes a Sideways Trend

While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols.

Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%

The price of Chainlink (LINK) is on the retreat downwards after reaching the resistance at $8.00.

Chainlink Is Stuck Between $6.70 And $8.00 As A Price Recovery Is Imminent

Solana

A closely followed analyst known for making timely Bitcoin (BTC) and altcoin calls says XRP is one of the strongest assets in the crypto markets.

Top Analyst Says XRP Has One of Best-Looking Charts in Crypto, Updates Outlook on Chainlink and Solana

Popular crypto analyst Michaël van de Poppe is reiterating his conviction that Chainlink's (LINK) current price is a rare opportunity for investors. He tells his 629,900 Twitter followers that Chainlink's current price remains an “opportunity of a lifetime,” doubling down on his bullish position for LINK. “So far, so good for Chainlink.

Crypto Trader Doubles Down on One Ethereum-Based Altcoin, Calls It ‘Opportunity of a Lifetime'

Two Sigma Securities, a quantitative liquidity provider and market making firm, will become a data provider for Chainlink The post Two Sigma Securities becomes a Chainlink network data provider appeared first on The Block.

Two Sigma Securities becomes a Chainlink network data provider

The trader who predicted the end of last year's crypto bull market says he sees one Ethereum (ETH)-based altcoin posting massive gains in the coming months. Closely followed analyst Pentoshi tells his 615,400 Twitter followers that decentralized oracle network Chainlink (LINK) has been showing relative strength versus the broader crypto markets.

Top Crypto Analyst Predicts Massive Rally for Ethereum-Based Altcoin, Says Bitcoin Lining Up for Strong Move

A popular crypto trader is forecasting rallies for Ethereum (ETH), Chainlink (LINK) and an altcoin from the decentralized finance (DeFi) sector. The pseudonymous analyst known as Altcoin Sherpa tells his 184,100 Twitter followers that he expects ETH to at least break through the $1,500 level, about 11% up from current prices.

Ethereum (ETH), Chainlink (LINK) and One DeFi Altcoin Set for Rallies, According to Crypto Analyst

Polygon

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.

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

A popular crypto analyst says decentralized oracle network Chainlink (LINK) and Ethereum (ETH) scaling solution Polygon (MATIC) could witness rallies this month. Crypto strategist Michaël van de Poppe tells his 629,900 Twitter followers that he sees LINK launching an over 21% rally this month from current prices.

Analyst Predicts October Rallies for Chainlink and Polygon, Unveils Forecasts for Three Additional Altcoins

New updates for Chainlink, post-merge improvements for Lido, and Maker's impressive revenues have helped these DeFi tokens take flight.

DeFi Tokens in Chainlink, Lido Finance, Maker DAO Jump 7%

The pseudonymous host of Coin Bureau is connecting the dots in Chainlink's (LINK) recent partnership with the SWIFT payments network. Five days ago, Chainlink announced SWIFT will utilize LINK's Cross-Chain Interoperability Protocol (CCIP) in an initial proof of concept.

News for Chainlink Crypto (LINK)