Price Analysis
Dip buyers stepped in to absorb this week’s downside in Bitcoin and select altcoins.
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Chainlink (LINK) Crypto News
Chainlink is a decentralized oracle network that allows public blockchains and smart contract platforms to bring external, off-chain data sources to on-chain operations with minimal trust in third parties. It is one of the most high-profile projects tackling the oracle problem — the ongoing challenge of bridging real-world data such as market stats, event outcomes and even the weather to blockchain without relying wholly on centralized data providers.
The roots of Chainlink go back to September 2014 with its parent company, SmartContract, which aimed to create a middle-layer infrastructure between blockchains and the real world. Its original solution relied on centralized oracles, which prompted the development of a decentralized alternative with the Chainlink network. In September 2017, Chainlink raised funds through an initial coin offering to the total of $32 million. The mainnet launched on Ethereum in June 2019.
Chainlink’s native token, known as LINK, is used to pay the network’s node operators, or oracles, for providing secure data feeds. Eventually, oracles will be able to stake LINK as collateral to provide data feeds to specific decentralized applications, bringing skin-to-the-game mechanics for added security and certainty.
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Chainlink, JPMorgan’s Kinexys, and Ondo Finance completed a crosschain DvP settlement between a permissioned payment network and a public RWA blockchain.
5485 - Price Analysis
Bitcoin price trades near its all-time high as ETH and several altcoins start fresh rallies.
8244 - News
Users will eventually be able to transfer ASTR to any Superchain network, according to OP Labs’ Zain Bacchus.
1683 - Price Analysis
Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers.
11806 - News
Maple’s expansion to Solana is powered by Chainlink’s CCIP, which allows data transfer between EVM and SVM ecosystems.
5436 - Price Analysis
Bitcoin is witnessing a tough battle between the bulls and the bears at $105,000, but several altcoins are showing strength with potential breakout setups.
12575 - Price Analysis
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested.
16136 - Price Analysis
Investor profit-taking eroded Bitcoin’s bullish momentum and opened the doors to a price consolidation phase. Will traders buy altcoins at a discount?
8781 - Price Analysis
Bitcoin price may have reached a short-term top, but this could open the door to a long-awaited altcoin season.
9129 - Price Analysis
Bitcoin price rallied to a new all-time high and if it holds, select altcoins look ready to follow.
10530 - Price Analysis
Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000.
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Chainlink recently inked deals with JP Morgan's Kinexys and Ondo Finance to develop payment rails for tokenized assets.
7950 - Price Analysis
Altcoin season carries on as Bitcoin price consolidates throughout the week.
10317 - Analysis
Many people thought 4chan was gone for good, but the controversial imageboard is back, as is its crypto-heavy /Biz/ board.
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