Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Se...
Chainlink’s price is wrestling with key support near $21, a level that has drawn heavy attention from traders and institutions alike. Chainlink (LINK) was down 2% to $22.30 as selling pressure weighed on the token. The move comes at a time when derivatives activity in the asset has jumped sharply, raising both expectations of a rebound and the risk of further losses. Related Reading: Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG Institutional Pathway Through 21X The network’s importance was reinforced after the launch of 21X, Europe’s first regulated tokenized....
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As blockchain technology continues to gain traction among institutional investors, Chainlink (LINK) is positioning itself to capitalize on this momentum, especially in light of pro-crypto regulations that are attracting significant capital inflows. According to market expert Zach Rynes, the decentralized oracle network is better equipped than XRP to harness the forthcoming wave of institutional blockchain adoption and the tokenization of trillions in assets. Chainlink Vs XRP While some argue that Chainlink and the XRP Ledger (XRPL) do not compete directly on a product basis, Rynes....
Chainlink, the leading blockchain oracle network, has announced a unique partnership with Japan’s SBI Group, a financial giant managing over $200 billion in assets. Related Reading: Solana’s Rally Gains Traction – Why Its Price Could Surge To New ATHs The collaboration is set to accelerate the adoption of tokenized real-world assets (RWAs), stablecoins, and blockchain-powered […]
Chainlink prices climbed higher on Thursday, rising by as much as 5.10 percent on the prospects of higher institutional adoption. The LINK/USD exchange rate reached its previous week’s high of $30 before correcting lower during the early London session. Its uptrend majorly came as a part of a broader bullish trend across the altcoin market. […]
In a recent interview, Chainlink’s co-founder, Sergey Nazarov, said the collapse of the banking industry will drive crypto mass adoption. Chainlink’s Co-Founder Predicts Crypto And Blockchain Prospects Over The Next Decade Sergey Nazarov believes that the collapse of the banking industry will favor crypto adoption and growth in the next decade. Related Reading: Crypto Is On The Brink Of Explosion As 9-Year DXY Formation Returns Nazarov believes the crypto industry and its technological innovations might maintain the same slow growth pace. However, the industry player cited two....
Never mind bitcoin on the balance sheet, a subsidiary of Europe’s biggest telco is taking a stake in DeFi.