Chainlink

Chainlink Price Up 3.54% To $19.319 – How To Buy LINK

Source Node: https://insidebitcoins.com/news/chainlink-price-up-3-54-to-19-319-how-to-buy-link
Time Stamp: July 27, 2021 5:14 PM - Modified On: July 27, 2021 - Published By:
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Chainlink is one of the top crypto projects in the industry. The blockchain platform enables the use of real-world data from off-chain sources. This way, a crypto protocol can gather information from data pools, application program interfaces (APIs), and several other sources aside from its on-chain data. This unique attribute has made Chainlink the go-to source for all blockchain platforms. Its LINK token has had a stellar year after increasing more than 300% from its entry price of $11.87 on Jan. 1 to $52.70 on May 10. This has been

TrustSwap Review: Making Smart Contracts Mainstream

Source Node: https://www.coinbureau.com/review/trustswap-swap/
Time Stamp: December 1, 2020 8:18 PM - Modified On: May 21, 2021 - Published By:
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The cryptocurrency space can be a scary place if you are not careful. There are scammers left and right, and not just in Discord and Telegram. Many cryptocurrency projects have revealed themselves to be nothing short of a ponzi scheme. Some have even ended with a rug pull – the team dumping their share of the crypto on the market and running with the cash.TrustSwap is a cryptocurrency project that is hoping to change that by using smart contracts. They want to create a new standard for initial coin offerings

Weekly Bitcoin and Cryptocurrency Market Analysis

Source Node: https://bitcoinist.com/weekly-bitcoin-and-crypto-market-analysis/?utm_source=rss&utm_medium=rss&utm_campaign=weekly-bitcoin-and-crypto-market-analysis
Time Stamp: August 18, 2020 4:28 AM - Modified On: May 21, 2021 - Published By:
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Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.

Altcoins Set to Underperform? Bitcoin Dominance Prints Reversal Signal

Source Node: https://bitcoinist.com/altcoins-underperform-bitcoin-dominance-reversal-signal/?utm_source=rss&utm_medium=rss&utm_campaign=altcoins-underperform-bitcoin-dominance-reversal-signal
Time Stamp: August 17, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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While Bitcoin has performed well in recent weeks, some altcoins have done even better. Take the example of Chainlink (LINK), which has almost doubled in the past month. With many altcoins outpacing BTC, the Bitcoin dominance metric has plunged. Bitcoin dominance is the percentage of the crypto market made up of BTC. Despite the drop, an indicator predicts a bearish reversal for altcoins. Bitcoin continuing to undergo volatility could further suppress the bullish altcoin narrative. Analysts are currently expecting more BTC volatility in the days ahead, citing indicators like the

Alt Season Reigns as Big Money Exits the U.S. Dollar

Source Node: https://beincrypto.com/alt-season-reigns-as-big-money-exits-the-u-s-dollar/
Time Stamp: August 17, 2020 4:07 PM - Modified On: May 21, 2021 - Published By:
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Open up the keg of powder, it’s time to lock and load. It’s alt season. In July, I predicted a bump of BTC followed by an open alt season. I was right. A perfect storm is bringing back memories of December 2017, and this time big money is looking to exit the U.S. dollar. Duck Season? Rabbit Season? No, Alt Season. It’s official. Alt season is here, and non-bitcoin cryptos are doing what they do best: pump. Total crypto markets have seen a surge from $165 billion in March to

Bitcoin Touches $12,000 While Gold Continues Its Rally

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-12000/
Time Stamp: August 17, 2020 3:58 PM - Modified On: May 21, 2021 - Published By:
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Of the many things that happened over the weekend, perhaps the most significant was the announcement from Warren Buffett that he’s now investing in gold and gold-related assets. They say you can’t teach an old dog new tricks, and this is a huge shift in investment principals for the Oracle of Omaha. Long contending that gold is not a worthwhile asset to invest in, Warren is now very abruptly seeing the appeal. Why? … You know why. This is about money printing. The printer is working overtime, and this is

Cryptocurrency News Roundup for August 17, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-17-2020/
Time Stamp: August 17, 2020 2:30 PM - Modified On: May 21, 2021 - Published By:
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More than nine out of ten bitcoins in supply are currently in the money, meaning they have yielded a higher return-on-investment for their owners over time. And this profitability is not just confined to the alpha-crypto. According to new data from cryptocurrency analytics firm, IntoTheBlock, nearly 95% of all Chainlink (LINK) and 94% of all VeChain (VET) addresses are currently in profit. In fact, barring a few exceptions such as Litecoin (LTC), most of the major wallet-bound altcoins are earning sizeable profits for their holders. More on that and other

Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion

Source Node: https://cointelegraph.com/news/record-ethereum-network-use-and-gas-fees-pose-risk-to-defi-expansion
Time Stamp: August 15, 2020 5:31 PM - Modified On: May 21, 2021 - Published By:
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The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high. As shown on the chart below, the number of transactions doubled in the past six months to stand at 1.23 million per day. Ethereum 7-day average daily transactions. Source: CoinMetricsThis situation might seem very bullish at first, but one must remember both EOS and Tron (TRX) started as ERC-20 tokens before launching their own mainnet and running fully independent blockchains.A similar chain migration is happening on Tether’s USDT, a stablecoin

Analysts Are Expecting Chainlink (LINK) to Pull Back After Parabolic Advance

Source Node: https://bitcoinist.com/analysts-chainlink-pull-back-parabolic-advance/?utm_source=rss&utm_medium=rss&utm_campaign=analysts-chainlink-pull-back-parabolic-advance
Time Stamp: August 15, 2020 12:00 AM - Modified On: May 21, 2021 - Published By:
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Chainlink (LINK) has been embroiled in a parabolic rally in recent weeks. The asset has gained hundreds of percent since the March capitulation lows. Chainlink could undergo a correction as technical signals suggest that the asset is overbought. There are also on-chain signals that show LINK investors are hesitant to believe the rally will continue. What may boost the asset’s bull case, though, is an increasing number of short position holders. This increases the likelihood of a “short squeeze” that will transpire, pushing prices higher once again. Chainlink Could See

Swipe Is the Latest Project to Integrate Chainlink’s Price Oracles

Source Node: https://cointelegraph.com/news/swipe-is-the-latest-project-to-integrate-chainlinks-price-oracles
Time Stamp: August 14, 2020 8:58 AM - Modified On: May 21, 2021 - Published By:
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Swipe wallet and crypto debit card platform has integrated Chainlink (LINK) data oracles to improve the accuracy of reward issuance and token burns. Swipe CEO Joselito Lizarondo said Chainlink’s decentralized price feeds will provide more accurate and fair token conversion prices for users and was an important step towards  greater decentralization:“This is important to us to bring transparency to our users, especially as we're kind of leaning towards starting to migrate from custodial products to noncustodial products in the future. So this is a starting point of decentralization in our system

Is Chainlink Poised for a Sell Off After Reaching New ATH?

Source Node: https://cointelegraph.com/news/is-chainlink-poised-for-a-sell-off-after-reaching-new-ath
Time Stamp: August 14, 2020 12:39 AM - Modified On: May 21, 2021 - Published By:
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Chainlink rallied another 4% today, maintaining its place as the fifth largest crypto asset by market cap — but are investors starting to become skittish? According to on-chain analytics resource Santiment, Chainlink (LINK) investors may be “becoming increasingly uncertain in its prolonged rally.” Santiment reported that though there weren’t “many bearish indicators or signs of an impending top” for LINK as of last week, that may no longer be the case.The number of LINK deposits into crypto exchanges reached an all-time high (ATH) of 8.2 million, the same day the token

$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn ‘Greedy’

Source Node: https://cointelegraph.com/news/12k-bitcoin-price-in-sight-as-retail-institutional-traders-turn-greedy
Time Stamp: August 14, 2020 12:14 AM - Modified On: May 21, 2021 - Published By:
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After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin (BTC) price appears to be gearing up for a third run on the $12K mark. This comes after a week of bullish news which included Nasdaq-listed investment firm MicroStrategy purchasing 21,454 BTC as protection against the weakening U.S. dollar, Coinbase exchange offering Bitcoin-backed loans, and the revelation that BlackRock and Vanguard are major holders of MicroStrategy shares.Cryptocurrency daily market performance snapshot. Source: Coin360The increasingly bullish sentiment extends across the entire crypto sector and proof of this comes from altcoins