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Chainlink Uptrend Weakening As Signs Of Fatigue Emerge: Why $14.20 Is Important

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Chainlink (LINK) Price: Is It's 15% Surge The Start of a New Rally?

The price of the Chainlink (LINK) cryptocurrency is surging on Wednesday, with its price up over 15% in the last 24 hours. The altcoin was up as high as 16.8% in the morning, etching a path to reverse its February drop. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. However, the increase did not last, as it is started March down once again in price. Fortunately, the coin’s price is picking up some steam and promise. LINK is up to $16.14, and its trading volume has risen by $938.4M. This trading volume rise is a good sign of heightened market interest in the Chainlink cryptocurrency. Additionally, there is returning speculation about its technology being adopted by the U.S. strategic reserve. Will Chainlink Integration into US Strategic Crypto Reserve Send LINK Soaring? C...

Trader Says Chainlink (LINK) Could Explode by 169%, Updates Outlook on Sui

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The widely followed trader and analyst Michaël van de Poppe is highlighting one crypto project in the Ethereum (ETH) ecosystem whose token he believes could go up by triple-digit percentage points. Van de Poppe tells his 773,600 followers on the social media platform X that blockchain oracle Chainlink (LINK) appears bullish against Bitcoin (BTC) and could double in price. According to the widely followed analyst, the Chainlink/US dollar pair could subsequently appreciate by around 169% from the current level. “LINK forms a higher low, which indicates that we’re likely into a new uptrend. My first target is around 2x in BTC value, which should equal around $40 – $50.” Source: Michaël van de Poppe/X LINK is trading at $18.60 at time of writing. Next up is the native token of the layer-one blockchain project Sui (SUI). The widely followed analyst says Sui could go up by around 61% from the current level after bouncing off a major support z...

Chainlink to $42? Why Analysts Are Still Bullish on LINK in 2025

Entering 2025, there were few cryptocurrencies that had the kind of potential that Chainlink (LINK) had. The project was a key part of the ongoing tokenization efforts, partnering with firms like JPMorgan and BNY Mellon. Moreover, it was one of a handful of tokens snatched up by US President Donald Trump’s World Liberty Financial (WLFI). These factors set the stage for a big year, however, LINK has failed to pick up any momentum. Fortunately for Chainlink LINK cryptocurrency holders, the altcoin may be on the brink of a rally. This is thanks to a heightened level of whale activity. Chainlink whale activity has reached its highest level in two years, which could have massive implications for LINK’s price. Specifically, the Whale Transaction Count for Chainlink had surged to its highest ark since 2023, according to Santiment data. LINK looks to regain the $19 mark after a long week of decline. In the last seven days, the altcoin is down over 20%. Also Read: European Union to Offer L...

Chainlink Jumps 33% This Week: Why Trump has LINK Eyeing $40

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Entering 2025, there were few cryptocurrencies with the kind of potential that Chainlink had. It was seen as a clear contender to gain the most across the entire industry. Now, that looks closer to being a reality. Indeed, Chainlink has jumped a remarkable 33% this week, as new US President Donald Trump has LINK eyeing a trip to $40. Prior to this inauguration Monday, Trump’s World Liberty Financial (WLFI) purchased $50 million worth of cryptocurrencies. Indeed, according to blockchain research platform Arkham Intelligence, he purchased $4.7 million worth of LINK. That propelled the asset and has many believing big things are on the horizon. TRUMP’S WORLD LIBERTY FI BUYING $50M+ OF CRYPTO RIGHT NOW In the past hour or so, Donald Trump’s project World Liberty Fi has purchased: $4.7M of LINK $4.7M of AAVE $4.7M of TRX $4.7M of ENA 3x $4.7M of WBTC 4x $4.7M of ETH How much more will they buy? https://t.co/okD9QwZwy9 pic.twitter.com/XiNH1VFy4c — Arkham (@arkham) January 20, 2025 Also ...

Donald Trump Acquires $54,200,000 Worth of Ethereum, Chainlink, Athena and More Hours Before Inauguration

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The team behind President Donald Trump’s crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 inauguration ceremony. According to blockchain intelligence and “de-anonymizing” platform Arkham, World Liberty Financial (WLFI) – the Trump family’s crypto project – bought over $50 million worth of cryptocurrencies in the hours leading up to the new President being sworn in. Trump’s purchases include blockchain oracle service Chainlink (LINK), lending platform Aave, Justin Sun’s TRON (TRX), synthetic dollar protocol Ethena (ENA), top smart contract Ethereum (ETH) and the Ethereum-based Bitcoin Wrapped BTC (WBTC). “TRUMP’S WORLD LIBERTY FI BUYING $50M+ OF CRYPTO RIGHT NOW In the past hour or so, Donald Trump’s project World Liberty Fi has purchased: $4.7M of LINK $4.7M of AAVE $4.7M of TRX $4.7M of ENA 3x $4.7M of WBTC 4x $4.7M of ETH How much more will they buy?” Sou...

Chainlink (LINK) Price Analysis for Today, September 23 – LINK Technical Analysis

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Chainlink (LINK) has drawn attention due to its regular token unlock events. Despite a recent increase in circulating supply from the 18.75 million LINK tokens unlocked (worth $215 million), on-chain data suggests the possibility of a price rally. History shows that LINK has often seen upward momentum after unlocks, with seven out of the last eight events resulting in gains. LINK Key Statistics  Current Price: $11.3 Market Cap: $7.09 billion Trading Volume (24h): $216.51 million Circulating Supply: 626.85 million LINK Total Supply: 1 billion LINK CoinMarketCap Ranking: #14 Chainlink is currently trading 10.62% below its highest price in the last 30 days and 3.48% below its 7-day high. However, it has gained 21.28% from its monthly low and 9.78% from its 7-day low, reflecting an overall positive trend. LINK/USD Market Analysis  Key Levels  Resistance: $12, $14, $16 Support: $10, $9, $8 LINKUSD – Daily Chart The LINK/USD chart shows the price...

Chainlink: Pink Drainer's $4.4M Crypto Raid Sparks Industry Alarm

In the dynamic realm of cryptocurrencies, the malicious activities of hacking groups persist as a substantial menace to the growing digital economy. The recent assault by the infamous hacking collective “Pink Drainer” has once again highlighted the vulnerabilities within the crypto space. On this occasion, the group successfully absconded with an astonishing $4.4 million worth of Chainlink (LINK) from a lone victim, leaving behind a trail of financial disarray and uncertainty. Examining the Heist in Detail The victim enticed into a cleverly devised trap, inadvertently endorsed an “Increase Approval” function, resulting in the siphoning of 275,700 LINK —equivalent to $4.33 million—through two transactions. A thorough Analysis of on-chain data unveiled that 68,925 LINK was directed to a wallet identified as “PinkDrainer: Wallet 2,” while the remaining 206,775 LINK was sent to an address concluding with “E70e.” The rapidity...

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

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LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move? The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level. Chainlink (LINK) token price, 12-hour, USD. Source: TradingView It's worth noting that this surge coincided with Bitcoin's (BTC) 23% gain during the same period. However, LINK's performance stands out in comparison to Ether's (ETH) 14% increase and Solana's (SOL) 28% rally, suggesting increased bullish sentiment toward Chainlink's leading oracle and decentralized computing solutions. Chainlink partnerships and integrations back the rally Several recent developments have contributed to LINK's outperformance of its peers. Notably, the announcement of Chainlink's upcoming native...

Chainlink, Swift Successfully Transfer Tokenized Value

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Swift  and Chainlink have moved tokenized value successfully between numerous private and public blockchains. According to their official press release, “The findings have the potential to remove significant friction slowing the growth of tokenized asset markets and enable them to scale globally as they mature.” To evaluate their interactions with blockchain networks, both firms revealed in June that they would work with several financial firms. These firms include BNP Paribas, BNY Mellon, The Depository Trust & Clearing Corporation, Lloyds Banking Group, and others. Also Read: Visa is Being Investigated By US DOJ Over Tokenization Additionally, to connect with the various blockchains, Swift used Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This protocol went live in July of this year and aims to help build cross-chain applications and services. Furthermore, Chainlink co-founder Sergey Nazarov said that the project “could connect all of the ...

Bitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETA

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LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move. Bitcoin (BTC) is struggling to rise above the overhead resistance at $31,000 but a minor positive is that the bulls have not allowed the price to dive below the $29,500 support. This suggests that a catalyst may be needed for the price to break out from its range. On the macroeconomic front, the Federal Reserve’s meeting on July 25 and 26 is an important event to keep an eye on. The FedWatch Tool shows a 99.2% probability of a 25 basis point rate hike in the meeting. If that happens, the markets may not witness a knee-jerk reaction as the hike seems to have been priced in. However, any surprise move by the Fed could thrust the price out of the range. Crypto market data daily view. Source: Coin360 Several analysts expect the range to break soon but there is no consensus on the direction of the breakout. If the price breaks below the range, analysts expect a significant downside. ...

Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to a number of blockchain protocols. Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network . The American cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership that is set to improve decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services a number of leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network, and responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens Web3 startup program with 11 blockchain firms Chainlink essentially creates a bridge between Web2 and Web3 by sourcing, formatting and transmitting data to smart...