Chainlink

Five Signs The 30% Band Protocol (BAND) Correction Is Just Starting

Band Protocol is one of August’s best-performing crypto assets, right behind the showstopping Chainlink and other hot tokens. The altcoin is up over 300% month to date, but a 15% correction began overnight. Is this just a healthy pullback, or will the asset retrace further than most investors are prepared for? Here are five bearish signals that the Band crash may only be beginning.  DeFi And Decentralized Oracles Spark Mini-Crypto Bubble, 300% Returns Month-to-Date The cryptocurrency market is on fire, with nearly every asset posting major gains over the last

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

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. Each functions as an oracle blockchain network that supplies data to Decentralized Finance (DeFi) applications.Since the start of August, BAND price rose from $3.9 to as high as $17.78 and in the same period, LINK

Number of Bitcoin Cash Whales Drop Following 39% Price Surge

Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million — has fallen by 10 since Aug. 1. The drop comes after the token surged 38.7% from $224.46 on July 17 to a three-month high of $311.34 on July 31, implying that a number of whales

Bitcoin Price Tackles $12,000 After Breaking Through a Key Resistance Zone

Within the last hour Bitcoin (BTC) price pushed through the $11,800 resistance and finally made its way back above $12,000. Crypto market daily price chart. Source: Coin360The sharp upside move came after a relatively quite weekly close as altcoins like Chainlink (LINK) and Band Protocol (BAND) had been basking in the spotlight with daily double digit-gains.  As mentioned earlier by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price had been consolidating into a pennant on the daily timeframe, thus a breakout to $12K was expected by many traders. Upadhyay said: “The BTC/USD pair has formed a

Japanese Messaging Giant LINE’s LN Token Trading on BitMax

Crypto exchange BitMax just made Japanese messaging app LINE’s token available for trading.According to an Aug. 6 notice from LINE, the biggest messaging app in Japan with 84 million active monthly users will be making its native LINK (LN) token available for trading through crypto exchange BitMax. This makes LN the sixth crypto asset currently supported by the exchange, including Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC).The LN token was originally issued in 2018 for users as part of a rewards program through the messaging app.

Analysts Expect Chainlink (LINK) Reversal After 50% Eruption to $14

Chainlink (LINK) has erupted higher in the past week, recently crossing above $14 for the first time ever. The asset trades at $14.40 as of this article’s writing, which means that it is up by approximately 20% in the past 24 hours. The asset’s outperformance comes as Bitcoin, Ethereum, and other major crypto-assets have stalled at local highs. LINK is prepared to drop from here, say some analysts as certain technicals suggest the bull trend is weakening. Chainlink Could See a Bearish Reversal, Analysts Say Hands down, Chainlink (LINK) has

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. Source: https://cointelegraph.com/news/massive-short-squeeze-prompts-chainlink-link-price-to-rally-52

BAT, Stellar Lumens, VeChain Price Analysis: 07 August

Bitcoin’s latest attempt to climb on the charts has been met by some degree of success, with the world’s largest cryptocurrency, after a long time, managing to hold a level above the psychological resistance of $10,000. At press time, Bitcoin was being traded at $11,736 with a trading volume of $8.3 billion.Source: CoinStatsSuch success was underlined by the fact that while BTC failed in its attempt to sustain a breach of $12,000, it didn’t fall below $11,000, implying that Bitcoin is again building up strength before its next effort. The

ChainLink Announces Launch of Community Grant Program

Rate this post ChainLink has recently announced the launch of a community grant program. This has been launched in order to accelerate the development of the platform. It has been specified by a team at ChainLink that their network is growing rapidly. This is the high time when this ecosystem needs support to grow. ChainLink plays a huge role in the DeFi industry As ChainLink has been using the smart contracts because of which it plays quite an important role in the DeFi industry. The firm is also encouraging and

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update

This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll.In seven short days, Bitcoin went from around $9,600 to $11,400, charting gains upwards of just shy of 20%. Earlier on Monday, the cryptocurrency catalyzed its performance, jumping from $9,800 to $11,200. After that, it consolidated for a few days, and just today, it painted fresh 2020