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

Data from Santiment indicates that the power behind Chainlink’s rally to new ATHs may be dwindling. 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 reached an ATH price of roughly $15.

YAM Madness Drove LINK to New ATH Above $17, Will It Last? (Chainlink Price Analysis)

Chainlink surged by another 18.5% today to bring the price for the coin as high as $17.90.

As Chainlink Doesn’t Stop Rallying, Analyst Lays Out the ‘Playbook’

Source: Adobe/kike_fernandez After surging in price yesterday, and flipping bitcoin cash (BCH) in the process, chainlink (LINK) continued its rise higher today, while an analyst suggested it is the decentralized oracle protocol’s partnership announcements that are now paying off. At pixel time (14:04 UTC), LINK, still ranked the 5th most valuable cryptoasset by market capitalization, was up by

Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher

Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.

Link Price Surges 32% to Overtake Bitcoin Cash as 5th-Largest Crypto by Market Cap

The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value.

What’s Behind the Meteoric Rise of Chainlink?

We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK? Chainlink (LINK) has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization.

Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, XTZ, BNB

As Bitcoin price slowly regains momentum, many altcoins have been rewarding traders by rallying to new all-time highs. On August 11 MicroStrategy, the world’s largest publicly traded business intelligence company, announced that it had ditched fiat currency and built its primary treasury reserve with Bitcoin (BTC).  The company’s CEO Michael J.

Chainlink Jumps 9% on the Day Crypto Market Loses $8bn; Here’s Why

Chainlink (Ticker: LINK) rebounded from its short-term corrective downtrend on Wednesday as its price surged 9 percent on a 24-hour timeframe.

Chainlink: Traders under zero loss, but why?

From the world of altcoins, Chainlink or LINK tokens seems completely unstoppable at the moment.

Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users

Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.

Shill Metal Jacket: Who are the Link Marines?

The Link Marine's endless war for attention might finally be paying off for Chainlink.

Chainlink Competitor Band Token Grows 300% in 7 Days Setting New ATH

BAND, the native token of the Band Protocol, has grown by more 300% in just seven days.

DeFi Tokens BAND, LINK, Outpace Bitcoin Price by Gaining 100% in 10 Days

Strong growth in the DeFi sector led Band Protocol (BAND) and Chainlink (LINK) to gain more than 100% over the past few weeks. This week Bitcoin (BTC) price is making waves as the digital asset finally pushed above the $12K mark, but prior to this move, altcoins have been strongly outpeforming BTC for weeks.  Two of the most notable performers are Band Protocol (BAND) and Chainlink (LINK) as both surged by 348% and 88% in the past ten days.

Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK, BSV, LTC, ADA, BNB, CRO

Bitcoin price continues to decline at $12,000, but altcoins have taken advantage of the range bound action by rallying higher. Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities.

IP Australia and National Rugby League Use Blockchain Against Fake Products

The intellectual property rights issuer of Australia will use blockchain to help NRL fight the sale of counterfeit merchandise. Australia’s top-tier rugby league, the National Rugby League, along with IP Australia will trial a blockchain-based application to curb the sale of counterfeit products. IP Australia is an agency of the Department of Industry, Innovation and Science that orchestrates and regulates the issuance of intellectual property rights and legislation relating to patents, trademarks, registered designs and plant breeder's rights in Australia. Genuine products will be tagged with trust badges According to a ZDNet report, the new application uses blockchain to enable trademark owners to link their products to the government register.

Messaging Firm LINE Makes Own Token Available to Japanese Traders for First Time

The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time.

Bitcoin, Ethereum and LINK Could Benefit From Trump's TikTok Ban

President Donald Trump has issued an executive order that seeks to ban TikTok from the United States, following the controversy that the Chinese-owned app raises serious security concerns and that it collects personal information on its users.

Chainlink Price Jumped More Than 45% in 48 Hours and 440% in Twelve Months

Chainlink’s token surged more than 45% from $9.53 to $14.09 between Friday and Sunday data shows.

Link’s Trading Volume on Coinbase Surpasses That of Bitcoin

Chainlink's link token has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro.

Tezos Explodes To 6-Month High: Is $4 Upcoming? XTZ Price Analysis

After huge moves from its “friends” from the top 10 list by market cap, namely Cardano and Link, Tezos finally saw an impressive 10% price surge over the past 24 hours of trading, as the coin reached $3.6 as the current daily high.

Chainlink hits all-time high, spiking 26% within 24 hours

A $20 million LINK short was just liquidated on Aave.

Massive Short Squeeze Prompts Chainlink (LINK) Price to Rally 52%

A massive short squeeze in the futures market is the likely reason behind Chainlink (LINK) price surging by 52% on Saturday. Chainlink (LINK) price continues to set new records as the DeFi-related token surged 52% to reach a new all-time high at $13.8799 today.  Over the last 24-hours, LINK has surged by 52%, rallying from $9.05 to as high as $13.8799 on Binance exchange.  LINK-USDT daily chart.

Oracle Tokens Continue Rallying Even as Bitcoin Uptrend Pauses

Oracle tokens LINK and BAND continues heading higher despite a bearish correction phase in the rest of the crypto market.

Price Analysis 8/7: BTC, ETH, XRP, BCH, BSV, LTC, ADA, LINK, BNB, CRO

Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside. The United States Federal Reserve has been contemplating a change in the way it responds to a possible increase in inflation.

Chainlink long-term Price Analysis: 06 August

Disclaimer: The following article attempts to analyze the evolving pattern in Chainlink's long-term market and its impact on LINK's price  Unlike most cryptocurrencies in the market, Chainlink has The post Chainlink long-term Price Analysis: 06 August appeared first on AMBCrypto.

Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, LINK, CRO

If Bitcoin can reclaim the $12,200 level, several altcoins are likely to resume their uptrend. Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year.

LINK Conquered $10 Moments Before Bitcoin’s Rally: Chainlink Price Analysis

Chainlink saw an impressive 32% surge over the past week as the coin edges toward $10.

Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next

The price of Chainlink has climbed to new heights as LINK continues to be one of the strongest cryptocurrency market performers of 2020. Without a doubt, one of the best-performing cryptocurrencies in the past few years is Chainlink (LINK).

Chainlink Climbs Higher In Top 10 as News & LINK Marines Eclipse Zeus

After returning into the top 10 club at the end of last week, chainlink (LINK) accelerated its rally today, outperforming top 50 coins, while news on a new partnership has seemingly overshadowed a recent shorting attack, and “LINK marines” were called for duty. At pixel time, (11:55 UTC), LINK, ranked 8th by market capitalization, was up by 12.5% over the past 24

LINK Paints Fresh ATH Above $9 While BTC Dominance Bleeds (Market Watch)

Ethereum, Ripple, and Tezos continued charting increases.

Price Analysis 8/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, CRO, BNB, LINK

The strong recovery in Bitcoin and altcoins from their weekend lows suggests that the traders are aggressively buying each dip. August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark.  A fall of such magnitude usually drives away the bulls or at least keeps them at bay until the market stabilizes, but that is not what happened.  The bulls aggressively purchased the dips, which led to a sharp recovery, suggesting that the sentiment is bullish and traders expect the rally to continue in the next few days. Daily cryptocurrency market performance.

Community-Verified Oracle Platform Aims to Better Chainlink’s Accuracy

DeFi-focused oracle platform DIA is using crowd-sourcing to improve the accuracy of price oracles. Oracle platforms, which provide links between blockchain smart contracts and trusted sources of real-world data, are a crucial component of many decentralized finance — or DeFi —  applications. With the meteoric rise of Chainlink (LINK) this year, one might be forgiven for thinking that it has the market all sewn up.

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, VET, LTC

Bitcoin price corrected sharply after reaching $12,000 but the strong bounce from BTC and altcoins shows bulls are intent on pushing prices higher. Bitcoin’s (BTC) rally above the $10,000–$10,400 zone has attracted several traders who had been waiting for a trending move to start.

Accused of Spreading a FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims

Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme.

First Mover: Chainlink’s Soaring Token Shows Lucrative ‘Oracle’ Role in Fast-Growing DeFi

Chainlink's LINK token soared almost 60% in July as cryptocurrency traders fawned over DeFi projects and their rapid growth.

Zeus Capital Reportedly Offers Influencers 5 BTC for LINK FUD

Multiple users of Crypto Twitter, with thousands of followers, received offers from Zeus Capital to post information on Chainlink. Zeus Capital is reportedly offering prominent members of Crypto Twitter payment to spread unfavourable news about Chainlink, which hit a new record high price recently. Zeus Capital came to prominence recently after releasing a report claiming LINK was a scam and then heavily promoting negative news about Chainlink via Twitter ads. According to a screenshot posted to Twitter by ‘The Wolf of All Streets’ Scott Melker on July 29, Zeus Capital reached out to him asking them if he’d be willing to post an analysis of Chainlink (LINK) to social media “for a fee.” Twitter direct message from Zeus Capital.

Trezor Takes a Shot at Ledger After the Hack

Trezor appears to take a shot at the competition following Ledger’s recent data breach. Following Ledger's confirmed data breach on June 17, competing hardware wallet manufacturer Trezor cheekily made their followers aware that they frequently purge their systems of all customer order data, including email addresses — apparently every 90 days. Ledger too published a tweet on the data breach incident: “This data breach has no link and no impact whatsoever with our hardware wallets nor Ledger Live security and your crypto assets, which are safe and have never been in peril.” This is a developing story and will be updated.

The Big Chainlink Short Gets a 'Lawsuit' Twist as LINK Leaves Top 10 in Silence

Chainlink, the operator of the LINK token, still remains silent in public about a controversial campaign run by Zeus Capital that has seemingly intensified its efforts, calling people to join a "class-action lawsuit" against the project.

Price Analysis 7/24: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK

Ethereum price looks to make a new 2020 high as Bitcoin bulls fight to hold BTC price above $9,600. Bitcoin (BTC) has covered a considerable amount of ground over the past few years.

Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months

The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks.

Chainlink long-term Price Analysis: 23 July

Disclaimer: The following article attempts to analyze the evolving trend in the long-term Chainlink market and its impact on LINK's price  The unwillingness of the market's ninth-largest cryptocur The post Chainlink long-term Price Analysis: 23 July appeared first on AMBCrypto.

Chainlink Price Analysis: LINK Follows ETH’s Surge With Another Shot at $8

The last 24 hours were nothing short of exciting as the entire cryptocurrency market moved.

LINK Rival — Band Protocol — Grows Stronger With ICON Partnership

The BAND price is surging as the oracle provider partners with South Korea’s premier blockchain network, ICON. South Korea’s leading blockchain network ICON has announced a partnership with Chainlink rival BAND, which has gained a lot of momentum recently. The partnership will provide ICON developers with complete access to the BandChain decentralized oracle network to utilize various data and price feeds, according to the announcement. Decentralized applications and DeFi ecosystems rely on accurate price and data feeds, or oracles, to function.

Tyler Winklevoss: It’s Good For BTC When The Fed Prints Money

Bitcoin may ultimately benefit from the US Federal Reserve's actions, says Tyler Winklevoss. US government spending may lead to upward Bitcoin (BTC) prices, according to Gemini crypto exchange co-founder and CEO, Tyler Winklevoss.  "The Fed continues to set the stage for bitcoin's next bull run," Winklevoss said in a July 22 tweet, which included an article link on the government agency's discussions of further stimulus spending.   Bitcoin holds against inflation As a decentralized borderless digital asset away from government control, Bitcoin holds as a potential hedge to mainstream markets and national dollars — a point often stressed by a number of crypto industry participants.  Bitcoin holds a 21 million coin maximum supply, protecting the asset against value dilution.

Price Analysis 7/22: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, LINK, BNB

Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days. Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic.  Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences of unlimited monetary expansion.

Chainlink Bears Found a Weak Link As Rally and Interest Wane

After seeing an exponential price rally that took its price from USD 1.4 after crypto’s Black Thursday in March, to almost USD 9 in mid-July, chainlink (LINK) now finally appears to be taking a breather, with fading Google search interest putting a damper on sentiment. At the time of writing, (09:47 UTC), LINK, ranked 9th by market capitalization, traded at a price of USD

Chainlink Price Analysis: LINK Marines Hold Strong Support At $7.10 But Can They Push Higher?

Despite the latest push in Bitcoin's price, LINK failed to capitalize.

Chainlink Tops DeFi Ranking on CoinMarketCap Amid ‘Baseless Criticism’

Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure. Cryptocurrency ranking resource CoinMarketCap is facing a backlash after listing Chainlink (LINK) as the biggest DeFi token by market cap. The website’s new DeFi section lists what executives consider to be the most important altcoins in the space, which is seeing considerable interest from traders and investors. DeFi: Next week Binance Coin? Speaking to Cointelegraph, CoinMarketCap said that it employs “strict methodology” in order to determine if a particular token qualifies as “DeFi” and is therefore eligible for inclusion in its rankings. Chainlink, a smart contract platform, is however an unlikely addition — following the section’s launch, various commentators argued that LINK is not strictly a DeFi token. “Chainlink is now the number 1 defi token thanks to coinmarketcap deciding its a defi token and adding it to the list,” analyst and speaker Jason Fernandes wryly tweeted on Monday.  “Tune in next week when Binance coin becomes the second biggest defi token.” DeFi, or “decentralized finance,” has formed something of a craze in trading circles this year, reminiscent of similar attention paid to stablecoins and ICO tokens in previous years. As Cointelegraph reported, suspicions have accompanied the rise of the phenomenon, with multiple tokens seeing huge gains — and losses — over short timeframes. CoinMarketCap’s top ten DeFi tokens as of July 21.

Price Analysis 7/20: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, LINK, CRO

Most major altcoins have witnessed profit booking as traders become cautious about the future of Bitcoin’s price. Gold continues to trade near its nine-year highs as investors hedge their portfolio against a possible devaluation of the US dollar due to the expansive monetary policy of the Federal Reserve.

ERC-20 Tokens Make up About 50% of Entire ETH Blockchain

Ether now accounts for only half of the value on the ETH blockchain as DeFi tokens like LINK and stablecoins take its place. With the five-year anniversary of the Ethereum blockchain less than two weeks away, the market cap performance of ERC-20 tokens has skyrocketed to almost achieve parity with that of Ether. Ryan Selkis, CEO of crypto analytics firm Messari, said in a July 17 newsletter that over the past two months, the market cap of all ERC-20 tokens has shot up to roughly $25.6 billion, about 49% of the total assets on the Ethereum (ETH) blockchain, $52.6 billion.  “Ether now only accounts for 51% of the value secured on the Ethereum blockchain, which is the smallest amount on a percentage basis that it’s accounted for in its history.

Top 5 Cryptocurrencies to Watch This Week: BTC, ADA, LINK, XLM, VET, DGTX*

While Bitcoin’s range-bound action is likely to extend for a few more days, select altcoins continue to show promise. Bitcoin’s (BTC) tight range has put analysts in a fix, meaning, every bit of data is being analyzed to determine the direction of the impending breakout.

Nexo Finance Accused of Being Behind Zeus Capital and Chainlink Short

Twitter users accuse Nexo Finance of being behind Zeus Capital, the firm who wanted to short Chainlink. Nexo Finance has been accused of being behind the suspicious asset management firm that sought to short Chainlink (LINK) after social media users saw Zeus Capital’s source code pointing to its website.  Twitter users found a connection between Zeus Capital, who days ago called Link “crypto’s Wirecard,” and Nexo Finance on the Zeus Capital website.

Chainlink Utility Drives LINK Price, but a Correction Could Be Coming

The growing utilization of Chainlink oracles in DeFi protocols has seen LINK’s token price rise considerably, but is a significant decline looming? Chainlink’s token, LINK, is once again among the most talked-about altcoins, having surged over 370% year-to-date.

Price Analysis 7/17: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Bitcoin and a few altcoins are showing signs of weakness, which could result in a minor dip in the next few days. Grayscale Investments recent Q2 report shows that the firm took in $905 million into Bitcoin (BTC) and other altcoins.

Crypto Sector Baffled as Mysterious Report Calls Chainlink a ‘Fraud’

Social media and crypto sleuths are attempting to uncover the truth about a report that has been circulating claiming to tell the damning truth about Chainlink, the operator of the LINK token – one of the year’s best-performing major altcoins. The report is allegedly the work of a company named Zeus Capital, who have labeled Chainlink a “fraud.” Zeus Capital claims

Dubious Asset Manager Claims to Short Chainlink With 99% Target

A suspicious asset manager is claiming to have entered into a short position targeting a 99% crash in the price of Chainlink. A report authored by Zeus Capital has asserted that the firm is building into a Chainlink (LINK) short position with a target of 99% gains, describing the top-10 cryptocurrency by market cap as “crypto’s Wirecard.” However, the firm behind the report, Zeus-Capital.com, appears to have registered its website just seven months ago, while its Twitter account has been suspended for violations of the platform's terms of use. With the report offering no citations and featuring zero working links, many analysts believe that it was authored maliciously. Suspicious report predicts Chainlink price decimation The purported asset management and research firm claims to be based in New York, London, Singapore, and Hong Kong, however, Cointelegraph was unable to contact the firm — with the phone number for its London office appearing to be switched off, and the Hong Kong office diverting calls straight to voicemail. One Redditor dubiously claims to have spoken to the firm, writing: “I actually called the phone numbers cause I was not sure about this Zeus Capital.

Sri Lankan Container Terminal Joins TradeLens Blockchain Platform

South Asia Gateway Terminals becomes first Sri Lankan container terminal joined TradeLens platform. The first private Sri Lankan container terminal, South Asia Gateway Terminals, or SAGT, recently joined IBM and Maersk’s blockchain trade platform TradeLens.  It is the first terminal in the country to adopt blockchain technology to digitize its trade processes.  In an announcement  on July 16, Maersk said the collaboration will help SAGT grow past sluggish manual paper-based documentation processes.  Digitization for operational efficiency SAGT is an important link in conducting global trade and it annually processes more than two million twenty-foot containers.

Even Twitter Hack Can’t Move BTC Away From $9200, XTZ and LINK Surge (Price Watch)

The Bitcoin Giveaway Massive Twitter hack couldn't move BTC's price in either direction.

Glassnode Says ChainLink Buyers on Rampage As Crypto Asset Bursts Into Top Ten by Market Cap

Crypto intelligence firm Glassnode says ChainLink bulls are wiping out wave after wave of sell pressure as LINK enters the list of the 10 largest cryptocurrencies by market cap.

Here’s the Simple Path Forward for Chainlink to Rally Past $20

Chainlink’s immense multi-year uptrend is showing no signs of faltering as LINK continues racing higher.

Price Analysis 7/15: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Select altcoins are showing strength and if Bitcoin price perks up a fast paced, market-wide rally could occur. The People’s Bank of China (PBoC) is rumored to be working with food delivery giant Meituan Dianping and ride-hailing application DiDi to test the digital yuan.

3 Key On-Chain Metrics May Explain Chainlink's Meteoric Rise

1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020. The price of Chainlink’s LINK token has increased 480% since the beginning of 2020/ These three key metrics may explain its rise. LINK price 2020.

Chainlink continues its meteoric rise, flips Litecoin

Chainlink’s LINK has been pumping like mad over the last few weeks, smashing through new all-time highs every day.

Chainlink Rising Active Addresses Point to Bullish Continuation: Research

Chainlink’s native token LINK slipped about 10 percent a day after establishing its all-time high at $8.53.

With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally

Altcoins like Chainlink's LINK token continue to outshine bitcoin, which is still consolidating above $9,000.

US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities

The US Army Criminal Investigation Division Command plans to use a web application to track and trace cryptocurrency transitions. The United States Army Criminal Investigation Division Command (USACIDC) is seeking a Software-as-as-Service web application to help them track and trace illicit cryptocurrency transactions. According to a statement of work published on July 10, the USACIDC along with the Major Cybercrime Unit and FBI will use the application to detect activities such as fraud, extortion and money laundering carried out using cryptocurrencies.  The organization is taking bids for developed, tested and read-to-deploy web applications for the purpose till July 20.  The application must allow multi-currency analysis As per the USACIDC — an arm of the US Army that conducts criminal investigations worldwide — the web application they are seeking must be able to analyze Bitcoin (BTC) and other major cryptocurrencies in real-time while also enabling users to “conduct an in-depth investigation into the source of cryptocurrency transactions.” The document further explains that the cloud application should help the USACIDC with quick detection of “criminal and suspicious financial connections, identify suspicious cryptocurrency transactions, and investigate cryptocurrency connections.” The application should also come with the ability to spot suspicious transaction patterns and interactions with other entities, and a link analysis tool to facilitate the analysis of data. Last year, in July, the United States Army Contracting Command of New Jersey published a pre-solicitation notice seeking a similar web application to help law enforcement agencies to track and identify people using cryptocurrencies for illegal purposes.

Chainlink Token Price Surges, Briefly Breaks Into the Top Ten by Market Cap

The price of Link, the native token of the Chainlink network, soared in 48 hours gaining some 40% in that period.