Crypto Reserves Should Be Diversified: Chainlink Co-Founder
Chainlink Co-Founder Sergey Nazarov discusses the idea of a crypto reserve and says they should be diversified. He speaks with Tim Stenovec and Zeke Faux on "Bloomberg Crypto.
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Chainlink Co-Founder Sergey Nazarov discusses the idea of a crypto reserve and says they should be diversified. He speaks with Tim Stenovec and Zeke Faux on "Bloomberg Crypto.
Chainlink Co-Founder Sergey Nazarov will attend the White House Crypto Summit on Friday. In an interview on "Bloomberg Crypto" he discusses what to expect from the summit and what he thinks the administration's priorities should be.
Bitcoin price continued its resilience as it rose for three straight days and moved above the resistance at $90,000. This recovery is happening as Donald Trump prepares to unveil the Strategic Bitcoin Reserve during the White House crypto summit.
The overall market outlook is positive ahead of the highly anticipated White House Crypto Summit, with the global crypto market cap at $3.02 trillion. Daily volume has declined 20% to just over $117 billion, while total crypto liquidations have decreased 57% to $229 million in the past 24 hours.
There were speculations that the summit could feature crypto strategic reserve updates.
Chainlink (LINK) price has rebounded to $15 after a brief pullback, supported by increased whale accumulation. The crypto market saw a slight recovery today, contributing to LINK's rise.
Chainlink (LINK) has faced massive volatility and uncertainty, with price action resembling a rollercoaster ride over the past few days. After trading around $17, LINK plunged to $13 before rebounding back to $16, all within less than three days.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Ever since Trump's tariff war was reinstigated, the crypto markets have shaken a bit. The star token Bitcoin price faced massive upward pressure, dragging the levels below $79,000. Besides, the Chainlink price also plunged from the local highs at $17 to $13, while the bulls quickly triggered a strong rebound.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
Chainlink (LINK) has recently demonstrated significant volatility, showing both a sharp decline and a strong rebound. The price of LINK recently dropped to $13.18, a 13.6% correction from $15.25, following a high of $16.34.
TL;DR Chainlink (LINK) has surged 16.33% in the last 24 hours, reaching $15.74, with a market cap of $10.04 billion. Technical analysis highlights key support and resistance levels, with the $16.34 target if the bullish trend continues. Rising trading volume and open interest suggest growing investor confidence, reinforcing optimism in LINK.
LINK rebounded after a sharp drop, signaling trend shifts. Key resistance and support levels will determine its next move.
Whale activity remains strong as Chainlink rebounds from a low of $13.18.
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.
Chainlink has plunged below $15, raising fears of a further drop. Will LINK crash below $10, or is a reversal finally on the way?
Chainlink (LINK) has become one of the most widely discussed cryptocurrencies in recent years, known for its role in decentralized finance (DeFi) and its ability to connect smart contracts with real-world data. As the crypto market continues to evolve, many investors and analysts are eager to know how far Chainlink's price can go, particularly in the coming years.
Coinbase CEO Brian Armstrong and Strategy founder Michael Saylor, among others, are slated to attend the crypto summit in Washington.
U.S. President Donald Trump is slated to host the summit.
Chainlink (LINK) has been struggling to replicate its previous cycle's strong performance, with current market metrics showing a shift towards bearish sentiment. While the token experienced a brief pump following the declaration of a U.S. strategic crypto reserve on March 2, 2025, it quickly retraced, mirroring broader market declines.
Chainlink investors should not expect the token to match its previous cycle performance. So far, it has struggled to even come close.
The upcoming White House Crypto Summit on March 7 could have a major impact on the market, with discussions set to focus on regulation and innovation. Five key assets – Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) – are currently in the spotlight, with speculation rising about their potential inclusion in the US crypto reserve.
As Dogecoin fights to hold above $0.20 and Chainlink racks up levels between $14.8 and $16, a new warrior enters the market. With Dogecoin 6% lower, it's a reflection of broader volatility in crypto markets, while Chainlink can find protection if Glassnode's Cost Basis Distribution metric is right about the important support zones.
Chainlink (LINK) has been struggling in recent days, with its price experiencing a significant drop, signaling potential further downside in the short term. Following a 12% price decrease, the cryptocurrency has lost crucial support levels, which is raising concerns among investors and traders alike.