Whales buy into Chainlink as LINK token rallies closer to $30
Chainlink (LINK) is approaching $30, after expanding its presence for cross-chain and oracle services. The recent rally also coincided with a large-scale whale purchase of above $4.94M.
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Chainlink (LINK) is approaching $30, after expanding its presence for cross-chain and oracle services. The recent rally also coincided with a large-scale whale purchase of above $4.94M.
Chainlink (LINK) recently experienced its first weekly drop in a month, as the crypto market took a bloodbath after a strong rally. This dip is in line with other altcoins like Ethereum and Cardano, which also saw some retreat. Despite this short-term correction, many analysts believe LINK is poised for a strong rebound.
Chainlink leads the DeFi token rally with a 26% surge, reaching $28.73. With a wedge breakout starting a six-week rally, bulls target key resistance levels. Furthermore, with on-chain data showing a massive surge in whale holdings, a dormant whale is back for more.
World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed that WLFI acquired 2,631 ETH for $10 million at $3,801 per token.
Chainlink price rose sharply on Thursday as its rising adoption by institutional investors drew in Trump-backed World Liberty Financial.
After two years of significant struggles, in recent days it has been outperforming Bitcoin and Ethereum in the crypto markets.
A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart.
Chainlink (LINK) is outperforming major cryptocurrencies and solidifying its role as a leading blockchain oracle. With strategic partnerships, will LINK hit $50 soon?
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
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Trump's World Liberty Financial has made a bold move in the crypto space, significantly increasing its holdings in Ethereum, Aave, and Chainlink (LINK). As a result, ETH jumped by 8%, Aave gained 33%, and Chainlink price shot up 30%.
Bitcoin price is back above $100K! After juggling below the levels for a couple of days, the token raised, squashing the bearish possibility This shook up the entire market, while positive rounds around the popular tokens like ETH, LINK, & AAVE attracted double-digit gains.
World Liberty Financial (WLFI) recorded transactions with millions of dollars of USD Coin (USDC) to acquire more Altcoins; suddenly, the price surged.
Chainlink price is on track for the first weekly drops in a month as the recent rally in the cryptocurrency industry took a breather. Its retreat has mirrored that of other altcoins like Ethereum and Cardano.
Coinbase integrates Chainlink's CCIP into Project Diamond for enhanced cross-chain asset management under ADGM regulation, with Peregrine PSG Digital as its first major user.
Chainlink has partnered with Coinbase's Project Diamond to enhance tokenized asset management with interoperability and regulatory compliance in the Asia-Pacific region.
Chainlink Labs announced the expansion into the MENA region with an office in Abu Dhabi to feed the local demand in a regulated manner.
Chainlink Labs has officially set up an entity in the Abu Dhabi Global Market (ADGM), marking its entry into the Middle East and North Africa (MENA) region. This development positions the blockchain interoperability leader to cater to the growing demand for decentralized finance solutions in the area.
Chainlink (LINK) has shown promising signs in its price action, with technical indicators pointing to the possibility of a significant price surge. Analysts are optimistic about the cryptocurrency's future as it has formed a notable ascending triangle pattern, which typically signals a continuation of the current trend.
Chainlink has partnered with Coinbase's Project Diamond, the latter being Coinbase's digital asset platform designed for global institutions.
Coinbase announced that it's adopting the Chainlink standard for Project Diamond, a digital asset platform for global institutions. The Project's flagship user will be Peregrine, a PSG Digital subsidiary based in Abu Dhabi.
Coinbase's Project Diamond has adopted the Chainlink Standard to drive institutional adoption of digital assets, according to a Dec. 10 statement shared with CryptoSlate. Project Diamond, managed by Coinbase Asset Management, focuses on serving institutional users outside the US.
Chainlink has integrated its Oracle network with Coinbase's Project Diamond, a digital asset platform designed for institutional adoption. This partnership will enhance the lifecycle management of tokenized assets, ensuring interoperability between public and private blockchains.
Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase's Project Diamond.