Chainlink 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. 

Price Analysis
Altcoins continue to press higher while Bitcoin bulls work on holding the $60,000 level as support.
Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM
Rakesh Upadhyay
2021-04-12T19:47:11+01:00
35238
Price Analysis
The rally in Bitcoin and select altcoins seems to have hit a wall as bears continue to aggressively push back at key overhead resistance levels.
Price analysis 4/9: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
Rakesh Upadhyay
2021-04-09T19:32:31+01:00
65219
Price Analysis
Altcoins retraced to key lower support levels after Bitcoin price dropped below $56,000, but will traders view the dip as a buying opportunity?
Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
Rakesh Upadhyay
2021-04-07T20:00:53+01:00
58406
Price Analysis
Bitcoin and most major altcoins have bounced off their immediate support levels, indicating an increase in bullish sentiment.
Price analysis 4/5: BTC, ETH, BNB, DOT, ADA, XRP, UNI, LTC, LINK, THETA
Rakesh Upadhyay
2021-04-05T21:21:36+01:00
59357
Price Analysis
Select altcoins could rally higher if Bitcoin and Ethereum hold on to their recent gains.
Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA
Rakesh Upadhyay
2021-04-02T19:35:00+01:00
99776
News
Polkadot parachains can now choose to add Chainlink price feeds to their runtime.
Chainlink releases native Substrate module to bring its oracles to Polkadot
Andrey Shevchenko
2021-04-02T16:05:20+01:00
16539
Price Analysis
Bitcoin’s recovery from its recent lows and the stellar performance from altcoins signal that bulls are confident BTC will retest its all-time high.
Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Rakesh Upadhyay
2021-03-31T19:14:37+01:00
72004
Price Analysis
Bitcoin’s renewed push above the descending channel trendline suggests bulls are preparing to push BTC and altcoins to new highs.
Price analysis 3/29: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Rakesh Upadhyay
2021-03-29T20:40:00+01:00
63371

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