Crypto Trader Offers Roadmap To Chainlink Buckling Against Bitcoin
Few coins in the crypto world have performed anywhere near as well as Chainlink – Bitcoin included. After nearly three steady years of overperformance against the most dominant cryptocurrency, LINKBTC could have also topped alongside the USD pair. One top crypto trader with a track record of successful calls has shared a new chart outlining […]
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LINK price broke its downtrend and rallied to $9 after the developers released a roadmap and announced that Chainlink 2.0 includes token staking. Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action.The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network that provides important off-chain information needed for the proper functioning of smart....
Following the release of its staking roadmap, Chainlink’s LINK native token performed quite impressively. First, it released its long-awaited roadmap revealing various phases it will go through. Recently via blog post on its official website, Chainlink cited “Chainlink Economics 2.0.” The blog highlighted the aim to implement crypto staking to scale the network. While doing so, the post emphasized that the data oracle is planning to collaborate and accept other blockchains to offer “growth and security.” New Staking Roadmap Dubbed Chainlink Economics 2.0 Staking the LINK token has been a....
Chainlink has plunged since setting highers in August. The coin now trades at around $8.50 as of this article’s writing, far below the all-time highs set at $20. The cryptocurrency’s correction comes after leading altcoins underwent a strong plunge after Ethereum fell through key supports. Chainlink could be vulnerable to an even deeper drop as the crypto approaches pivotal technical levels. One trader noted that if LINK will bounce, it will find some support around […]
The pseudonymous trader said in his early Wednesday tweet that he is looking to open a high reward/risk short hedge against a likely Bitcoin top.
Following a week dominated by Bitcoin and its positive performance, Chainlink (LINK) has emerged as one of the best performers in the crypto market this weekend. This comes after a long period of relative silence and sideways movement for the token’s price. The abrupt and significant surge in Chainlink price may have surprised many investors, but it only further highlights the volatile nature of the crypto market. Chainlink Price Soars 22% In One Day – What’s Next? According to data from CoinGecko, the price of Chainlink is up by more than 22% in the last 24 hours. Over the....