Category: chainlink

Chainlink recovery hampered under $14.5 but these key support levels hold the fort

Chainlink holds above the critical support provided by the 50% Fibo in conjunction with the 100 SMA. LINK/USD could resume the uptrend as long as the price reclaims the position above $14 and holds the 50% Fibo support. Chainlink’s upside recently hit a wall amid the recovery from the Thanksgiving Day crash to $11. Several […]

Continue Reading

Bitrue Employs Provably Fair Chainlink Oracles for Daily XRP Raffles

Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology. Bitrue Implements Chainlink VRF Chainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a […]

Continue Reading

Chainlink holders patiently waiting for the ultimate liftoff to $18

Amount of LINK held by top-non exchange holders at a near all-time high as price breaks above $14. LINK/USD is largely in the hands of the bulls but higher support above $14 is need for the final leg up to $18. Chainlink finally stepped above the crucial level at $14. The impressive price action followed […]

Continue Reading

Chainlink rocket at the Launchpad, ready for the ultimate liftoff to $20

Chainlink consolidation is likely to extend before a majestic breakout to $20. The hypotenuse of the ascending triangle must hold for the bullish outlook to materialize. Chainlink recovered significantly from the support at $7.5, established in September. The buyer congestion zone came in handy following extended declines from the resistance from the yearly peak at […]

Continue Reading

Chainlink prepares for a massive 55% liftoff to highs above $20

Chainlink rebounds from levels slightly under $10 and gains momentum eyeing $20. The resistance at $13 must come down for gains heading to $20 to start materializing. Chainlink is among the best-performing digital asset in the market as the new week commences. Bitcoin rallied to $16,000 last week but retreated to seek support $14,500. Calm […]

Continue Reading

Zenlink exchange will integrate Chainlink oracles on Polkadot

Chainlink oracles will be used on Polkadot based platform to provide market information in DeFi applications. Zenlink selected Chainlink oracles because of 4 features: decentralization, security, transparency, and quality. In a Medium post, the decentralized exchange based on Polkadot, Zenlink, has announced the integration of Chainlink’s oracle services. This way, financial applications built on Zenlink […]

Continue Reading

LINK Update: Polkadot-based DEX Announces Chainlink Integration

On Tuesday, November 3, the Polkadot-based cross-chain DEX network Zenlink announced its integration with oracle service provider Chainlink. The latest announcement comes as Zelink DEX aims to leverage Chainlink oracles to access valuable assets secured on the Polkadot blockchain network. The announcement states that Zenlink will use the Chainlink oracles for different decentralized finance (DeFi) […]

Continue Reading

$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform

$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform

PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows. A blockchain-to-everything monitoring service PARSIQ was announced to […]

Continue Reading

Chainlink Price Forecast: LINK Downward Momentum Gains Traction

Chainlink was rejected at $13, culminating in losses within a descending parallel channel. LINK/USD downside eyes $9.5 if the short term buyer congestion at $10 caved in. Chainlink recently recovered in October, almost brushing shoulders with $13. This was the highest level the decentralized oracle live price feed token has reached since the support established […]

Continue Reading