chainlink

Massive Short Squeeze Prompts Chainlink (LINK) Price to Rally 52%

Chainlink (LINK) price continues to set new records as the DeFi-related token surged 52% to reach a new all-time high at $13.8799 today.  Over the last 24-hours, LINK has surged by 52%, rallying from $9.05 to as high as $13.8799 on Binance exchange.  LINK-USDT daily chart. Source: TradingView.com As Chainlink demonstrated a strengthening uptrend, its …

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Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move

Bitcoin’s price is trending down and an Ethereum competitor is entering the DeFi race this weekend. Bitcoin’s price was able to rally to as high as $11,917 Friday before losing momentum, falling back into the $11,500 range. “Over the past day, bitcoin tested the level of $11,900 but it did not succeed, and BTC slipped,” …

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Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, LINK, CRO

Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year. This is a 600% increase over the comparable quarter in the previous year. This shows increased trader interest, which could have been spurred by the cash heavy “government stimulus programs.” The recent breakout of …

Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, LINK, CRO Read More »

Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

Bitcoin trading is weak Tuesday while volumes on DeFi are as high as they have ever been. After wild Sunday action that saw the price of the world’s oldest cryptocurrency fall as low as $10,050 on spot exchanges like Coinbase, bitcoin is trading relatively flat, at around $11,200 Tuesday. “The asset is trading in a …

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Accused of Spreading FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims

Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took a flak for attacking Chainlink’s token in an earlier report. In what it now terms part 1 of its exposé, …

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Market Wrap: Bitcoin Clings to $11,000 as Ether Futures Top $1B

Bitcoin was little changed at around $11,000 with lower spot volumes as traders eye growth in the market for ether futures. Bitcoin was little changed at around $11,000 Thursday as traders digested reports the U.S. economy shrank during the second quarter at the fastest pace on record, and that President Donald Trump is wondering if …

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Market Wrap: Bitcoin’s Price and Ether’s Dominance Sit at 2020 Highs

Bitcoin’s price is at its 11-month high as volatility bounces back up. Meanwhile, ether’s dominance has spiked on continued growth in decentralized finance (DeFi). Bitcoin (BTC) trading around $10,998 as of 20:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,573-$11,422 BTC above 10-day and 50-day moving averages, a …

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Market Wrap: Bitcoin Near $9,600 as Gold Hits High, Uniswap Liquidity Over $100m

As bitcoin closes in on $9,600, gold surpasses $1,900 and DeFi liquidity steadily grows. Bitcoin (BTC) trading around $9,592 as of 20:00 UTC (4 p.m. EDT). Slipping 0.03% over the previous 24 hours. Bitcoin’s 24-hour range: $9,475-$9,601 BTC above 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since …

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Analyst: Token Sale Boom Suggests Major Bull Run Has Already Started

Recent months have seen a surge of fresh money entering the crypto markets, from oversubscribed token sales to 100%+ price gains for tokens like Cardano (ADA), Chainlink (LINK) and VeChain (VET). But does this herald the beginning of a new bull market, or is it just another bubble waiting to burst? A little bit of …

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Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B

Thursday was an up day for both bitcoin and ether prices. Bitcoin (BTC) trading around $9,590 as of 20:00 UTC (4 p.m. EDT). Gaining 2% over the previous 24 hours. Bitcoin’s 24-hour range: $9,364-$9,686 BTC above 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since July 21.Source: TradingView …

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