Category: chainlink

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Bitcoin’s Leap Beyond Its Former Price Record Signals New Positive Market Cycle, Says Chainlink’s Sergey Nazarov

Bitcoin's Leap Beyond Its Former Price Record Signals New Positive Market Cycle, Says Chainlink's Sergey NazarovHaving achieved its highest value ever on March 5, 2024, precisely at 10:03 a.m. Eastern Time (ET) on Tuesday, the price of bitcoin has declined by more than 11% against the greenback at 3:00 p.m. ET. Currently, bitcoin boasts a global trading volume of $52.34 billion, contributing to the total $275 billion exchanged throughout the […]

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Chainlink Surges To 22-Month High: Whale Activity Raises Eyebrows

The remarkable rise of Chainlink (LINK) in the yearly chart has been nothing short of extraordinary, skyrocketing from $4.9 to $20.8. In a significant milestone, LINK has hit a 22-month high with an impressive 11% surge, breaking the $20 mark for the first time in years. This surge in price has been accompanied by increased activity in the Chainlink network, with a rise in active addresses and the creation of new addresses. However, despite the bullish trend across the crypto market, LINK saw a slight decline of 1.6% in the past 24 hours. $LINK hits a 22-month high as it

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Chainlink LINK Sees Massive 300% Since June 2022, Dueling By Continuous Project Development 

Chainlink has experienced a remarkable surge of 300% since June 17, 2022, skyrocketing from $6.3 to a recent peak of $19.68. The recent pump in LINK may be attributed to Chainlink’s Q4 ’23 product update, where the Chainlink Chief Product Officer hinted at the upcoming launch of LINK CCIP General Access early next year. Projects are gearing up for $LINK CCIP GA, driving the demand for $LINK as they prepare to leverage its capabilities. One potential reason why $LINK has been pumping recently In Chainlink’s Q4 ’23 product update, Chainlink CPO anticipates that $LINK CCIP General Access will launch early

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Chainlink Surges To New Heights In 2024, Faces Resistance At Key Levels

In the ongoing year of 2024, Chainlink’s performance within the cryptocurrency landscape has been nothing short of remarkable. The native cryptocurrency of the Chainlink Web3 network, LINK, has surged to heights not witnessed since January 2022, boasting a market capitalization surpassing $11 million. On February 5th, LINK reached a new yearly high, sparking optimism among investors. However, the journey ahead presents challenges, with Chainlink encountering formidable resistance levels between $19.40 and $20.03.  Notably, these levels are guarded by 5,330 addresses collectively holding over 8.59 million $LINK. Despite briefly touching $19.68 in the past 24 hours, LINK retraced slightly to $18.92.

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Chainlink LINK Surges As Dormant Wallets Come Alive

Chainlink has surged ahead of other altcoins, propelled by a sudden spike in Age Consumed, indicating previously dormant wallets springing to life.  This influx of Chainlink back into circulation has likely boosted its price, coupled with minor liquidations that often accompany Fear, Uncertainty, and Doubt (FUD), contributing to further price rises. 🔗📈 #Chainlink has jumped ahead of the #altcoin pack after some previously dormant wallets created the highest Age Consumed spike (5.38B, calculated by multiplying coins moved by the amount of days those coins had been dormant). This influx of $LINK back into the (Cont) 👇 pic.twitter.com/eHVpeJz2HW — Santiment (@santimentfeed)

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