Tag Archives: LINK

From a developmental point of view, this past week was a great week for the Chainlink Blockchain. On 7 June, the Network published a roadmap and initial implementation of staking within the Chainlink network which “is to give ecosystem participants, including node operators and community members, the ability to increase the security guarantees and userContinue reading “Chainlink: Despite good news all around, why is LINK having such a tough time”

Chainlink was on a solid uptrend for the last two weeks before the broader market crash terminated the rally and brought the coin back down. The last 24 hours have been marked as the third time in this year alone that Chainlink’s attempts at recovery have been crushed by the bears. Chainlink loses another fightContinue reading “As investors dump LINK, take a look at the ‘chain’ reactions that triggered this”

Chainlink’s native crypto LINK kicked off the week in a bullish tone, igniting hopes of a breakout. The signs of a strong upside are there but there are a few factors that may prevent it from achieving that goal. LINK bulls are undoubtedly back and they have been, since the last few days of MayContinue reading “LINK [Chainlink] is back but there is a major roadblock for investors ahead”

Chainlink has gained favorable attention from the crypto space for the potential its products present, but the same has disappointed investors who have made a $3.5  billion network. Chainlink goes one step forward, two steps back Chainlink’s integration with other chains has made the network one of the topmost chains in the crypto space. TheseContinue reading “Chainlink [LINK] demystified: Setting records both in adoption & investors’ losses”

Post the market-wide plummet, Bitcoin [BTC] alongside most altcoins took a plunge to its multi-monthly/yearly lows on 12 May. In the last 11 days, the market entered into compression for the most part barring a few exceptions. Now, the bulls have provoked a slight uptick in the trading volumes over the last day. Thus, tryingContinue reading “Chainlink, VeChain, and EOS Price Analysis: 23 May”

Bitcoin was indecisive as it traded just above the $29k mark, and the altcoin market has been trading sideways in the past few hours as well. Cosmos rose above the $11.06 support level and held on, while Fantom and Chainlink appeared to trade within a range. Cosmos (ATOM) In the past week, the OBV hasContinue reading “Cosmos, Fantom, and Chainlink Price Analysis: 21 May”

The latest crypto market crash highlighted the need to focus on blockchain projects that offer real-world utility. LINK is among the few cryptocurrencies in this category thanks to a business model that involves providing on-chain oracle services. But, the question is- Should you really invest in LINK? A recent chainLink tech talk provides some valuableContinue reading “LINK set to leverage demand; should investors rely on Chainlink’s oracle services”

Bitcoin dipped to $29.2k on 16 May but was able to climb back above $30k in the past few hours. The heavy trading volume of the past few days was unable to keep BTC below $30k, and a bounce upward could be seen toward $32k and even as high as $36k. This, in turn, couldContinue reading “Chainlink, MATIC, and SushiSwap Price Analysis: 17 May”

Chainlink, despite not being a traditional cryptocurrency, has a significant number of investors holding over $3 billion in market cap. All thanks to the use cases it presents to DeFi protocols across many chains. Chainlink after the crash In the last 24 hours, LINK recovered by almost 10% after falling by 34.64% to $5.2 atContinue reading “Chainlink causes $11.2m loss to Venus protocol- Decoding the aftermath”

Market leaders Bitcoin and Ethereum were yet to reclaim key levels post the massive liquidations, with BTC trading at around $31k and ETH at the $2,300-mark at the time of writing.  As a result, altcoins like Dogecoin, FTX token, and Chainlink gravitated toward their multi-monthly/yearly lows on 10 May. Unless the buyers negate the sell-offsContinue reading “Dogecoin, FTX Token, Chainlink Price Analysis: 10 May”

As Bitcoin [BTC] and Ether [ETH] fell by more than 8% and 6% respectively, in a day, investors’ emotions have understandably been in a state of flux. While most of the top 100 alts took severe hits on their prices as well, some felt the selling pressure more than others. According to Santiment, one suchContinue reading “Chainlink: Can LINK’s ‘strong & oversold’ view help to stage a recovery”

Chainlink has always been lauded for its services, even when it doesn’t perform as per expectations. Now, due to its popularity among Defi protocols, it was being expected that the token will recover on the price charts eventually. However, with time this expectation has withered, and now investors are realizing what they’ve really got themselvesContinue reading “Chainlink [LINK] investors should know this before taking a position”