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. 

Market Update
Chainlink and Aave soared to a new all-time high as Bitcoin bulls struggle to hold BTC price above $32,000.
Aave and Chainlink hit new highs as Bitcoin price fights to hold $32K
Jordan Finneseth
Price Analysis
Chainlink has entered price discovery and traders should watch several key levels for the next possible top.
Chainlink now bigger than Litecoin as LINK price hits new high above $24 — What's next?
Michaël van de Poppe
Price Analysis
Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins.
Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM
Rakesh Upadhyay
Mystery filings using Grayscale’s name suggest the multibillion-dollar firm may be looking to expand the number of trusts.
Is Grayscale about to unveil a LINK trust?
Joshua Mapperson
Market Analysis
Bitcoin is still the main focus of most investors but Layer 2 solutions, governance, and DeFi are shaping up to be the driving forces of the next altseason.
3 ways the next altcoin bull cycle will vastly differ from 2017’s
Jordan Finneseth
Price Analysis
Bitcoin price continues to drop, pushing select altcoins closer to their critical support levels.
Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB
Rakesh Upadhyay
COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets.
New ‘market fear’ index lets traders bet on crypto volatility
Helen Partz
New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply.
More than 80% of LINK is controlled by 125 wallets
Cyrus McNally

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