Arbitrum has been an underachiever in the current market rally. Could Thursday's spike usher a stronger uptrend?

Chainlink (LINK) trades at $14.60 after recent uptrends saw it escaping a prolonged consolidation range. Meanwhile, the altcoin encountered resistance after hitting the $15.27 daily high. LINK rebounded to its press time levels after hitting a 24-hour low at $13.91, and a historical setup suggests a potential surge to $35 – a 139.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

Chainlink price is currently facing resistance after breaking out of an extended consolation zone. LINK price is down 2.1% in the last 24 hours and is trading at $14.71.

Chainlink, a blockchain service provider, is advancing Brazil's plans for a central bank digital currency (CBDC) by collaborating on the DREX pilot project alongside major players like Microsoft Brazil, Banco Inter, and 7COMm.

Experts believe the partnership sets a powerful precedent, showcasing the potential of decentralized tools in centralized financial systems.

Chainlink Labs, a blockchain oracle service provider, has joined forces with Microsoft Brazil and other industry players to work on the second phase of Brazil's central bank digital currency (CBDC) initiative, DREX.

Brazil's Central Bank has initiated phase two of its DREX digital currency pilot program, partnering with Microsoft, Chainlink, and other tech firms to test automated cross-border payments

The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology.

The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil's DREX pilot program.

The Central Bank of Brazil (BCB) has selected decentralized oracles provider, Chainlink, as one of the partners for its digital currency pilot, DREX. According to the announcement, the apex bank also selected Banco Inter, Microsoft Brazil, and 7COMm.

Chainlink's breakout from a descending channel ignites hopes for a surge to $23.

Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil's proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country.

Phase two of Brazil's Drex CBDC pilot launches.

TL;DR The Web3 gaming market continues to grow, with funding stabilized at $1 billion and a 72% increase in the use of Arbitrum compared to last year. Telegram stands out as a key platform for new releases, representing 21% of Web3 games.

This handy tool lets users trade over 3,000 tokens on the BNB Chain directly from the Telegram app. It's like having a mini exchange in your pocket, making trading faster, simpler, and more accessible for everyone.

Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.

World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink.

World Liberty Financial, a decentralized finance platform backed by President-elect Donald Trump, has partnered with Chainlink to integrate real-time data feeds.

Donald Trump backed the decentralized finance (DeFi) project, World Liberty Financial (WLFI) said it would integrate Oracle Chainlink for on-chain data and cross-chain interoperability. In an official announcement, the protocol said that tapping Chainlink technology will allow its project to better integrate with the crypto ecosystem.

World Liberty Financial collaborates with Chainlink to secure its DeFi ecosystem with robust data feeds, cross-chain compatibility, and governance tools. This partnership underlines WLFI's focus on enhancing DeFi's reliability and utility. The post Trump's World Liberty Financial Adopts Chainlink for DeFi Expansion appeared first on Cryptonews.

The WLFI protocol will first integrate with Chainlink price feeds on the Ethereum mainnet to enable the launch of its World Liberty Financial Aave V3 instance soon.

World Liberty Financial's WLFI token is only available to accredited investors inside the United States and non-US residents.

PancakeSwap has launched a Telegram bot that allows users to trade over 3,000 cryptocurrencies directly within the messaging app.

The strategic alliance between WLFI and Chainlink aims to redefine security and interoperability in the world of decentralized finance.

World Liberty Financial integrated Chainlink for secure, reliable on-chain data and cross-chain interoperability as it prepares to launch on Aave v3.

Donald Trump's World Liberty Financial (WLFI) has partnered with Chainlink to help secure its DeFi ecosystem. The DeFi protocol will adopt Chainlink's standard for on-chain data and cross-chain interoperability to help ensure a successful launch.

World Liberty Financial (WLFI), a DeFi project backed by US President-elect Donald Trump, has partnered with Chainlink to accelerate DeFi adoption. This new alliance, announced on Nov. 14, names Chainlink as WLFI's primary provider for on-chain data and cross-chain connectivity.

TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.

Trump-associated World Liberty Financial has selected Chainlink for data feeds integration to support Aave v3.

PancakeSwap's new Telegram bot lets users trade over 3,000 tokens from the app, highlighting DeFi's growing accessibility.

"I appreciate that they are approaching their launch with a strong focus on security,” said Chainlink co-founder Sergey Nazarov.

Chainlink will provide crucial pricing data and cross-chain interoperability infrastructure for the nascent DeFi platform.

The partnership could accelerate DeFi's integration with traditional finance, potentially reshaping global financial systems and privacy norms. The post Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption appeared first on Crypto Briefing.

World Liberty Financial (WLFI), a project inspired by Donald Trump's vision of financial independence, has announced its adoption of Chainlink's infrastructure.

Chainlink could be ready for a comeback, thanks to its growing role in two emerging trends in the blockchain world.

Chainlink whales have accumulated over 15 million LINK tokens worth $165 million in the past two months, coinciding with increased trading activity and a break above the 200-day moving average at $12.80.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

Chainlink (LINK) has seen a whirlwind of price activity, surging 50% before experiencing a sharp 15% retracement within 10 days. This volatility showcases the potential and unpredictability surrounding LINK's recent price action, drawing attention from analysts and investors alike.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

Chainlink whales have accumulated 15 million tokens worth $165 million over the past two months.

BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.

Chainlink (LINK) is making waves in the cryptocurrency space with a series of updates that position its native token, LINK, as a key player in the growing blockchain ecosystem. The new approach, which introduces LINK as a universal gas token for network fees, is gaining traction and could fuel significant price growth in the coming months, potentially pushing the token to new highs for 2024.

Offchain Labs is advancing Arbitrum's scalability with a focus on alt-client solutions like Reth, Erigon, and Nethermind to enhance throughput and efficiency.