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Chainlink

Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.

A widely followed crypto analyst is predicting a “fun” quarter ahead for Bitcoin (BTC), Ethereum (ETH) and the rest of the crypto markets. Crypto trader Michaël van de Poppe tells his 652,600 Twitter followers that Bitcoin could reach up to $50,000 in the next quarter of 2023. “Generally, I think we're going to have fun this quarter.

Top Analyst Tells Crypto Traders To Prepare for a ‘Fun' Quarter Ahead, Inspects One Ethereum-Based Altcoin

Dogecoin

Solana

A pseudonymous crypto trader says one Ethereum (ETH)-based altcoin is poised for an explosive surge while updating his outlook on Dogecoin (DOGE) and Solana (SOL).

Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana

Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing.

Biggest Movers: XMR Nears 6-Week High, as LINK Falls Near a Resistance Level

Bitcoin

A popular crypto strategist is updating his outlook on Aptos (APT) and Chainlink (LINK) while forecasting the near-term price action for the broader altcoin market. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that layer-1 blockchain and Ethereum (ETH) competitor Aptos is likely going to see weeks of choppiness.

Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off

Large entities on the Ethereum network have been accumulating decentralized oracle service Chainlink (LINK) over the last 14 days, on-chain data shows. According to blockchain tracking service Lookonchain, a total of 30 addresses, which are potentially the same individual, have accumulated 2.6 million LINK tokens worth over $18.5 million from crypto exchange Binance.

Crypto Whales Rapidly Accumulating Chainlink As Millions of LINK Tokens Leave Binance: On-Chain Data

Dogecoin rebounded from a recent decline on Friday, as cryptocurrency markets shook off yesterday's bear wave. The meme coin has now risen by over 5%, a day after falling by the same sum. Chainlink was another notable mover, as prices climbed by over 7%.

Biggest Movers: LINK Climbs Above $7.00, as DOGE Rebounds From Recent Decline

A widely followed crypto analyst is expecting the current stress test on the digital assets market will be better for crypto in the long run. Crypto analyst Michaël van de Poppe tells his 651,000 Twitter followers that the crypto markets are breaking and will likely drop before the quarter's end (QE).

Crypto Trader Analyzes Bitcoin and Chainlink, Says Current Stress Test Is Better for the Long Run – Here's Why

A white hat hacker that targeted DeFi protocol Tender.fi has returned $1.6 million that was stolen on Tuesday, receiving a 62.15 ether ($85,000) bug bounty instead.

DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch

On-chain data shows that large Chainlink whales have moved tens of millions of dollars worth of LINK as the crypto markets take a move to the downside. According to blockchain analytics firm Santiment, three big LINK transactions worth about $80 million all went through within minutes of each other.

Chainlink Whales Awaken, Moving 11,600,000 LINK Worth Over $79,700,000

Ethereum

Top US crypto exchange Coinbase is now using price feeds from decentralized oracle network Chainlink (LINK) for its new Ethereum (ETH) layer-2 project called Base. Base is Coinbase's layer-2 network powered by blockchain scaling solution Optimism (OP), and its testnet was launched late last month.

Coinbase Utilizing Ethereum-Based Altcoin in Its New Layer-2 Scaling Platform

Base Testnet, a new Ethereum L2 developed by Coinbase, has integrated Chainlink to provide secure off-chain price feeds for developers.

Base integrates Chainlink for secure off-chain price feeds

Base also joins the data provider's Scale program, allowing developers to construct smart contracts that can react to external information at a subsidized cost.

Chainlink Price Feeds Go Live on Base, Coinbase's Layer 2 Testnet

The beta version of Chainlink Functions is now live on Ethereum Sepolia and Polygon Mumbai testnets.

Chainlink's New Platform Will Help Connect Web2 With Smart Contracts

Decentralized oracle network Chainlink has launched a new developer platform called Functions, aiming to foster interactions between traditional and web3 apps.

Chainlink launches new developer platform called Functions

Polygon

A widely followed analyst is predicting bursts to the upside for Ethereum (ETH) and Chainlink (LINK) while having his radar locked on Polygon (MATIC) and Optimism (OP). Crypto strategist Michaël van de Poppe tells his 649,700 Twitter followers that Ethereum is starting to show signs of strength after managing to stay above support of $1,600.

Crypto Strategist Forecasts Rallies for Ethereum and Chainlink, Updates Outlook on Polygon and Optimism

A popular crypto trader says Chainlink (LINK) is less volatile than other altcoins and could be a safer investment in the coming days. Pseudonymous trader Altcoin Sherpa tells his 192,300 Twitter followers altcoins may collapse by as much as 50% if Bitcoin (BTC) dips to the $21,000 range.

Analyst Updates Outlook on Chainlink, Predicts Altcoins To Crash by Up to 50% if Bitcoin Falls Below This Number

A widely followed crypto analyst is calling Bitcoin (BTC) and Ethereum (ETH) the assets to have for a substantial return on investment (ROI) in the coming years. Michaël van de Poppe tells his 649,300 Twitter followers that the top two cryptos by market cap are the “assets to look for” in a portfolio for big ROI.

Crypto Analyst Argues Why Bitcoin and Ethereum Are Top Assets, Breaks Down Popular ETH-Based Altcoin

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization.

TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting

The key is to get information from the bank account where the stablecoin's reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD.

Chainlink, TrueUSD Start Real-Time ‘Mint Lock' Verification of Stablecoin Reserves

Archblock will use Chainlink to let users verify on-chain that its stablecoin reserves are fully collateralized.

Archblock to use Chainlink's proof-of-reserves system for TrueUSD verification

Avalanche

Fantom

Popular crypto strategist Michaël van de Poppe is predicting bullish continuations for a handful of altcoins, including Avalanche (AVAX), Polygon (MATIC) and Chainlink (LINK). Van de Poppe tells his 649,000 Twitter followers that he believes the trend for smart contract platform Avalanche is still up, despite its recent pullback.

Extended Rallies for Avalanche, Polygon, Chainlink and Two Additional Assets Incoming, Predicts Top Crypto Analyst

Decentraland

Three seemingly synchronous crypto whales appeared out of nowhere on Monday, throwing serious amounts of Bitcoin and two Ethereum-based altcoins around. The first whale moved 229,355,145 Decentraland (MANA) worth $165.6 million from an unknown wallet to another wallet of unknown origin.

Whales Move $384,900,000 in Bitcoin and Two Ethereum-Based Altcoins in Span of Just 8 Minutes

Shiba Inu

After gobbling up nearly $900 million worth of Shiba Inu (SHIB) and Polygon (MATIC), crypto whales now have their eyes on two other altcoins running on the Ethereum (ETH) blockchain. Blockchain-tracking service WhaleStats reveals that the largest 1,000 Ethereum whales have accumulated more than $671 million worth of SHIB and $210 million worth of MATIC.

After Accumulating $881,000,000 in Shiba Inu and Polygon, Whales Are Now Targeting Two Ethereum-Based Altcoins

Polkadot

Polkadot remained close to its highest level since September, as bullish sentiment rose to start the weekend. Following a move above $7.00 on Friday, momentum was high during Saturday's session. Chainlink was also higher, with prices tracking at a nine-day high.

Biggest Movers: DOT Remains Near Multi-Month High, as LINK Hits 9-Day High

MakerDAO has added Chainlink's oracle to its technology stack for maintaining the stability of its DAI stablecoin.

News for Chainlink Crypto (LINK)