While the cryptocurrency total market capitalization has retraced from yearly highs recorded in late June at $372 billion USD to $193 billion, as at time of writing, some digital assets have performed exceptionally well since opening the year on a bearish note. In this article we focus on the top five coins in returns in
While Bitcoin [BTC] had a fairly quiet week, some of the altcoins underwent massive volatility. Some of the IEO like Matic Network had massive drops earlier this week. Moreover, the entire market traded in the red, as well as the volume of trading, was comparatively lower. Bitcoin stayed above $7200 as the price barely moved.
Chainlink (LINK) is on the up as the market suffers yet another bearish move as the total cryptocurrency market cap fell below the $200 billion USD mark. In a dark 24 hours past, Bitcoin (BTC), the driver of the market, lost over $200 USD since hitting intraday highs of $7,550 USD, representing a 2.6% drop.
As one of the cryptocurrencies that has regularly outperformed Bitcoin (BTC) throughout the year, Chainlink’s (LINK) price is once again signaling a possible breakout above its previous ATH on its BTC pair. LINK/BTC broke above the minor resistance level at 30,000 setting its sights on the upper resistance at 36,000 sats. Can the coin beat
Binance, the world’s largest and liquid cryptocurrency by adjusted trading volumes, and ChainLink, a blockchain-based decentralized oracle provider, are connecting. In a move that will draw more attention to decentralized finance (DeFi) projects, billed as the next frontier in blockchain, Binance said they support the growth of the sub-sector. For that reason, they will be
One of the top cryptocurrencies, Chainlink (Link) has received a major price boost within the last 24 hours. The price of LINK rose by 12% according to stats on CoinMarketCap. The rapid positive price action comes amid a new partnership between the Chainlink and Constellation network whose aim is to leverage blockchain technology in order
Chainlink races towards $3.0 in renewed bullish momentum. High trading volume and expanding volatility present increasing trading opportunities. Chainlink defiantly rose against all the odds in the lethargic cryptocurrency make to record gains in the excess of 20% on Wednesday. Over the past four days, the crypto’s trading volume has ballooned from $96 million to
Chainlink’s price has recorded gains of 33% in this week. The monthly figures and the yearly figures are also quite impressive and stand at 29% and 568% respectively. A Look At Price Charts LINK price is showing positive price trends for the past two weeks. Considering the weekly trading chart the coin has gained a
Coinbase announced the expansion of support for three cryptocurrencies in the state of New York. The exchange has often avoided adding support for cryptocurrencies in the state. This is because of the stringent laws in place at the state. A BitLicense is necessary for conducting operations in New York. The state’s financial authority, NYDFS, had imposed
What is cryptocurrency? It is a decentralized and distributed public ledger that is available to view for everyone. Chainlink [LINK], one of the best performing cryptocurrencies of 2019 has been alleged of “pump and dump” trading by Blockchain research firm AnChain. According to their report, a small number of addresses conducted vast volumes of trading.
LINK battles ascending channel resistance amid widespread bear pressure. High consolidation is expected as long as the price stays above the moving averages. Chainlink is a bull among a sloth of bears. Mid-through this week’s trading, the crypto continues to sustain gains. In fact, for more than three days, LINK has been recording a higher
Cryptocurrency markets witnessed another exciting week as the Bitcoin [BTC] began the week with a robust bullish action, but failed to yield. Furthermore, the altcoin ‘hodlers‘ suffered massive losses to the tune of more than 20%. Moreover, Bitcoin [BTC] bulls also seem exhausted at the moment as the price keeps falling to find support. Overall,
Bitcoin [BTC]’s bull run in the past few weeks has been staggering. The cryptocurrency reached its yearly high above $13800 on 26th June. The price rallied from $11,350 to gain over 22% in 24hours to reach the top on Wednesday. The rise was so overwhelming that even Bitcoin permabull, Mike Novogratz regretting selling a few
Coinbase, one of the largest cryptocurrency exchange announced the listing of Chainlink (LINK) token on its trading platform and mobile apps (iOS and Android) – following the listing, LINK token began surging with over 58% within past 24 hours. Chainlink (LINK) Outperforms At the time of reporting, the value of Chainlink (LINK) is witnessing an
Bitcoin’s [BTC] exaggerating run is a great piece of news for Bitcoin ‘holders’ and persistent bulls. Moreover, while the altcoins have also gained slightly with the momentum, the holders are altcoins are growing increasingly uncertain. There is a massive sell-out of altcoins that is currently in progression w.r.t. Bitcoin. Nevertheless, as the value remains consistent
Bitcoin drops down to $6,394 while altcoins take a serious plunge causing BTC dominance at year’s highest. Though people are hoping for a reprieve, experts are pointing towards another low which if Bitcoin crosses can accelerate the downward plunge. Crypto street running red, BTC dominance at year’s highest The market is in extreme red as