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Chainlink (LINK) co-founder Sergey Nazarov says major financial institutions around the world are primed to start utilizing his project soon. Nazarov notes in a new YouTube video that the decentralized oracle network is arriving at a point where financial institutions have been reaching out for help with various projects. “At this point, I’ve been – between last year and this year so far – almost everywhere. Last year, we covered a lot of Asia, the Middle East, Australia, many of the top environments where cryptocurrencies and blockchains are getting adopted. This year, with the new stance on regulation in the US, we are very heavily covering all of the US institutions in addition to continuing to cover those in Asia and the Middle East. So I can’t mention exact names, because they want to wait to announce, they have all these processes with NDAs (non-disclosure agreements). It’s a very tightly controlled process, but I would say between la...

The cryptocurrency market has certainly struggled in recent weeks. With increased geopolitical concerns and a brewing US trade war, cautious traders have seemingly dominated the market. However, a turnaround could be set to take place for one crypto. Indeed, Chainlink could eye a jump to $20, as experts say a bullish reversal could be coming amid LINK’s most recent 4% drop. The asset has struggled alongside some of the biggest tokens on the market. Indeed, Bitcoin has been stuck at the $84,000 level, down less than 1% on Tuesday. Yet, if a key support is able to hold up for Chainlink, things could be set to change in a hurry for the asset. Source – Phemex Also Read: Chainlink (LINK) Vs. TRON (TRX): Which Is Better For This Dip? Chainlink Faces Key Turning Point: Why LINK Has $20 Upside and $10 Downside For much of 2025, tariffs and brewing trade wars have dominated the year. Macroeconomic factors have been inseparable from stagnated finance markets as investors look for any ...

As the cryptocurrency market continues to evolve, investors are increasingly seeking the best cryptocurrencies to invest in right now to maximize their returns. Recent developments, such as Kamala Harris’s campaign accepting cryptocurrency donations and a possible shift towards a more crypto-friendly stance in U.S. politics, highlight the growing mainstream acceptance of digital assets. While Bitcoin remains stable at around $54,000, the surge in altcoin sales presents opportunities for strategic investments. Identifying the most promising tokens in this environment is key for market participants aiming to capitalize on potential market gains. Best Cryptocurrencies to Invest in Right Now ApeCoin recently unveiled a new platform to enhance the Bored Ape Yacht Club (BAYC) ecosystem. Furthermore, Ripple is also expanding its XRP Ledger (XRPL) by adding tokenized U.S. Treasury bills to the platform. Additionally, Injective Blockchain has launched a tokenized index linked to BlackRo...

Chain LINK ( LINK ) is currently among the best-performing cryptocurrencies in 2023. Since January, LINK ’s price has surged by over 170%, outperforming Bitcoin (BTC), which has rallied by about 160% in the same time frame. Also Read: Chainlink Unveils Major Product Update: Will LINK Hit $25 Soon? However, LINK had struggled for most of 2023. It was only in mid-October that the token began to rally. LINK’s rally in October could be due to SWIFT’s successful experiment with Chainlink in September. Furthermore, the Depository Trust & Clearing Corporation also announced exploring LINK’s Cross-Chain Interoperability Protocol (CCIP) for tokenized asset interoperability. Both developments strengthened the project’s bullish outlook, thereby pushing its price. How much Chainlink (LINK) is needed to be a millionaire when its price hits $50? Source: Blockchain News If LINK hits a price of $50, it would translate to a growth of almost 230% from curren...

Bitcoin price is losing its upward momentum, but data suggests traders are gearing up to buy any significant dips. Bitcoin (BTC) soared above $35,000 on Nov. 2 and that may have sucked in the aggressive bulls who speculated that the next leg of the up-move was beginning. However, the price quickly turned around and fell back below $35,000 signaling that the breakout may have been a fake move. A mild correction during an uptrend does not signal a trend change. It is generally a healthy sign as it shakes out weak hands. When markets are trending higher, dips are viewed as a buying opportunity, but it is better to wait for the price to find a bottom before buying. Strong support levels could be watched as potential places where buyers step in to arrest the decline. Daily cryptocurrency market performance. Source: Coin360 MicroStrategy founder and executive chairman Michael Saylor said in an interview with CNBC that if traders hold a 12-month to 48-month time horizon, the current level is...

Proof-of-Reserve [PoR] is slowly emerging as a prominent aspect of the cryptocurrency ecosystem. Even though it gained traction gradually, it has started to renew investors’ faith in the industry. Chainlink’s [LINK], in particular, has been widely discussed on social media after it shared a post about PoR earlier this week. Gold, currencies, real estate, and commodities are collectively worth over $40 trillion. But only ~$200 billion of that is represented on-chain in a trust-minimized and tokenized form. That's just 0.5% of the addressable market. Enter #Chain LINK Proof of Reserve (PoR). — Chainlink (@chainlink) January 22, 2023 This distributed oracle service verifies a smart contract’s reserves. In order to do so, Chain LINK seeks an account’s current balance from the network via a smart contract, which then compares it to the balance indicated in the contract. This is pertinent as it bolsters the trust in the community. While the network...

Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements. Blockchain oracle network Chainlink has launched its staking feature to help increase the economic security of the platform's oracle services.  In an announcement sent to Cointelegraph, Chainlink mentioned that the new Staking feature is an integral part of its “ Chainlink Economics 2.0” efforts that focuses on security and sustainable growth. Before the staking feature, Chainlink users who wanted to receive LINK token rewards needed to launch their own nodes. With the newly-launched staking mechanism, Chainlink (LINK) token holders have an additional earning mechanism as they aid in increasing the oracle platform’s security. Initially, Chainlink Staking was launched as a v0.1 beta, which includes a staking pool that aims to secure the ETH/USD data feed within the Ethereum mainnet. This allows stakers to earn rewards...

LINK's price could rally on speculations over Chainlink's oracle services growth coupled with a supportive technical pattern. Chainlink (LINK) looks poised for 25% price rally in the days leading up to its staking protocol launch, based on several fundamental and technical facto. Chainlink price rallies ahead of staking launch The staking feature, which will go live as v0.1 in beta mode on Dec. 6, comes as a part of the so-called "Chainlink Economics 2.0" that focuses on boosting LINK holders' reward-earning opportunities for "helping increase the crypto economic security" of Chainlink's oracle services. Earlier, Chainlink users had to launch their own nodes to receive rewards in LINK tokens. The staking feature effectively opens new avenues for them to earn LINK rewards that could, in theory, boost demand for the token. Additionally, demand for LINK's parent platform Chainlink, as an oracle service provider, should also increase. David Gokhshte...

With the US midterm elections in place, the crypto market was seen plummeting into the red sea. While several assets managed to bag profitable gains, a few others were sinking deep. Chainlink [LINK] was among the former as it was making headway into $10. Earlier today, the altcoin managed to surge to a high of $9.20. This was pertinent as this level was achieved back in August 2022. Therefore, this three-month high was extensively sought after by the community. Prominent on-chain analytics platform, Santiment noted that Chainlink’s latest move was fueled by increased activity in the network. Source Santiment tweeted, “#Chainlink spiked all the way above $9.20 for the first time since August 13th, a ~3-month high despite very volatile markets. This rise has been supported by the largest amount of active $LINK addresses in 5 weeks, and traders are longing aggressively.” Additionally, it should be noted that Chainlink was among the most purchased toke...