Price Analysis
Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow?
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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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Polymarket, a Polygon-based prediction platform, is expanding infrastructure through a new partnership with decentralized oracle network Chainlink.
3528 - News
The companies say the pilot will test a blockchain infrastructure aimed at automating the distribution, settlement and management of tokenized products in Hong Kong.
2926 - Price Analysis
Bitcoin and altcoins picked up momentum after the softer-than-expected US inflation numbers boosted traders' confidence for a rate cut during the Federal Reserve's next meeting.
10861 - Price Analysis
Bitcoin price pushed closer to its range highs, providing a breakout signal for multiple altcoins. Is it time for altseason?
15908 - Price Analysis
Bitcoin bulls are trying to get back into the driver’s seat by pushing the price above $112,500. Will altcoins follow?
14967 - Price Analysis
Bitcoin bulls are trying to push the price back above $110,530, but bears continue to sell breakouts and the range highs. Will altcoins catch a bounce?
10860 - Price Analysis
Bitcoin dropped below $108,000 on Friday, and the rest of the crypto market followed. Will $100,000 be BTC's next stop?
14710 - News
PYTH surges 70% after the US government tapped Pyth Network and Chainlink to help publish official economic data on multiple blockchains.
17256 - News
Caliber’s stock soared 77% after the Nasdaq-traded firm announced a Chainlink treasury plan, even as it faces potential delisting over a $17.6 million deficit.
8678 - Breaking news
The US government announced on Tuesday that it is publishing economic data onchain to boost transparency for government spending.
13363 - News
Bitwise became the first to file for an exchange-traded fund tracking the price of Chainlink as issuers continue to bid for funds tracking altcoins.
5232 - Price Analysis
Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur.
12091 - News
SBI Group and Chainlink will offer a host of blockchain-based tools aimed at financial institutions, starting in Japan and then the Asia-Pacific under a new partnership.
13819 - Price Analysis
Bitcoin and Ether are trying to rise from their respective lows, indicating strong buying on the dips.
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