CHAINLINK price, news and Forecast (LINK US DOLLAR)
Big picture
Cryptocurrencies bullish themes
Cryptocurrencies bearish themes
Latest Crypto Analysis
Editors' picks
Ethereum dips below key level as Hong Kong ETFs underperform
Ethereum (ETH) experienced a further decline on Tuesday following a disappointing first-day trading volume for Hong Kong's spot Bitcoin and ETH ETFs. This comes off the back of increased long liquidations and mixed whale activity surrounding the top altcoin.
Bitcoin Cash advocate Roger Ver arrested and charged with falsifying taxes
Bitcoin Cash (BCH) proponent Roger Ver, also an early Bitcoin investor, was allegedly picked up by Spanish authorities over the weekend on charges of tax fraud by the US DOJ.
Bitcoin price dips into $60K range as spot traders flock to Coinbase Lightning Network
Bitcoin slid lower on Tuesday during the opening hours of the New York session, dipping its toes into a crucial chart area. It comes as markets continue to digest the performance of Hong Kong ETFs.
Renzo's REZ dips after airdrop and Binance listing
Renzo users could claim their airdrop based on accumulated ezPoints. REZ dips about 35% after listing on Binance and several other exchanges. Renzo seems to have gotten over an earlier scare from ezETH depeg last week.
Bitcoin: BTC’s next breakout could propel it to $80,000 Premium
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
BTC
ETH
XRP
WHAT IS CHAINLINK?
Chainlink is a decentralized oracle network that greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.
LINK tokens are the digital assets used to pay for services on the network.
Characteristics of Chainlink
Chainlink main objective was creating a blockchain that allows users to connect with real world data.
- Chainlink makes it possible for users to work with off-chain data.
- It offers the possibility of making payments through a contract to any payment system or banking network.
- Its users can use smart contracts which includes an oracle reputation called a service level agreement. It punishes the oracles that violate network rules or provide incorrect data.
- Uses an aggregation contract to collect all the off-chain oracles’ data to create a weighted aggregate response.
Differences between Chainlink and Bitcoin
Which are the main differences betweeen LINK and BTC?
- LINK demand and value of the tokens is directly correlated to the number of operators that offer off-chain services to the system.
- The LINK token is described by developers as an ERC-20 token, with the additional ERC-223 “transfer and call” functionality.
- The LINK token sale was capped at $32 million, with a total supply of 1 billion LINK tokens.
5 most predictable cryptocurrencies
|The prices of cryptocurrencies change quite rapidly and can be wild. With high attention and trading volumes, patterns are emerging...
The best times for trading cryptocurrencies for those that hate surprises
|Trading cryptocurrencies can be wild, but sometimes too wild. Traders of Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and all the rest need volatility...
Cryptocurrency scams: 10 ways to identify scam coins
|The fast-moving world of cryptocurrencies allows quite a few opportunities for traders. New cryptocurrencies and tokens often rise at a rapid clip...