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…
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Today Chainlink overtook Litecoin and Binance Coin as the 8th biggest cryptocurrency by market capitalization. Today Chainlink (LINK) surpassed Binance Coin (BNB) and Litecoin (LTC) in market capitalization. Data from CoinMarketCap shows LINK’s market cap surged to $2.86 billion as the price rallied 9% to $8.17. This brought the market cap above BNB and LTC…
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Equities markets are surging and many altcoins continue to push higher as Bitcoin price consolidates into a tight trading range. The Nasdaq has regularly been making new highs for the past few days, which has resulted in a strong rally in a few technology companies. Along with this, a few stocks in the S&P 500…
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Surging volume, price discovery, and new partnerships pushed Chainlink price to a new all-time high at $8.48. Today the price of Chainlink (LINK) soared by more than 34% to reach a new all-time high at $8.48 and also notch a market capitalization of $2.5 billion. Three key factors that likely pushed the price of LINK…
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The rally in altcoins is likely to continue if Bitcoin holds at its current levels but a breakdown below $9,000 could lead to aggressive profit booking by altcoin traders. At various points throughout 2020 Bitcoin (BTC) was correlated with gold. During these phases BTC was acting as an uncorrelated asset, but now it has become…
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These are the alternative crypto assets that have outperformed the rest of the market including Bitcoin in the past week as the DeFi craze gains steam. Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have…
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Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick are optimistic that enterprise adoption is speeding up. Enterprise adoption of smart contracts and blockchain technology is coming to a head soon, according to Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick. The pair were members of a Unitize 2020 panel earlier today…
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Huobi has become the first major exchange to run a Chainlink node in an effort to improve data authenticity and integrity. Major cryptocurrency exchange Huobi will integrate their price data with Chainlink’s ecosystem in an effort to improve its own data integrity and provide more accurate price information. While Binance was the first major exchange…
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Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover. Coronavirus cases across the globe topped 10 million today and the number of new cases in the U.S. has risen to new records in the past few days. This has put the economic revival…
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Today’s Chainlink rally leaves the price just 3% away from setting a new all-time high, but can bulls maintain the current momentum? Chainlink (LINK), a smart contract blockchain network, is nearing an all-time high after the altcoin broke out today, notching a 11% gain at the time of writing. The altcoin first hit a record…
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