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Chainlink traders looking to solidify positions should know that LINK...

Chainlink traders looking to solidify positions should know that LINK…

Chainlink, a widely used oracle network, has recorded tremendous growth in the first half of this year. According to a report on the platform’s performance in the last quarter, Chainlink informed its users that the network grew to support over 1000 decentralized oracle networks and powered over 1350 projects housed across more than 12 different …

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Assessing why LINK investors are in a limbo despite its wedge pattern breakout

Assessing why LINK investors are in a limbo despite its wedge pattern breakout

The weekly performance of the crypto-market has been quite interesting over the last few days as the bulls kicked up some dust. Chainlink [LINK] was one of the cryptocurrencies that enjoyed a substantial uptick as it pushed deeper into the narrow range. The alt’s long-term price action has been trading within a descending wedge pattern, …

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Chainlink [LINK]: 'Successful recovery' and what it means for adoption

Chainlink [LINK]: ‘Successful recovery’ and what it means for adoption

One of Chainlink’s biggest strengths over the past year has been the rate of its product suite’s adoption. And, while that makes a big difference as a whole on the price action, it also drives investors towards the asset. Contrary to expectations, alas, the same isn’t happening with Chainlink at the moment. Chainlink loses its …

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Decentralized exchange dYdX launches LINK perpetual contracts

Decentralized exchange dYdX launches LINK perpetual contracts

Decentralized exchange dYdX has launched perpetual contracts tied to Chainlink’s LINK token. The LINK-USD contracts offer up to 8x leverage and are cash-settled in USDC stablecoin. Like dYdX’s other perpetual contracts tied to bitcoin (BTC) and ether (ETH), LINK contracts are not available in the U.S. dYdX said it chose LINK for its third perpetual …

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Doge, Chainlink, and Bitcoin price: Link outshines BTC and DOGE but not for long

Doge, Chainlink, and Bitcoin price: Link outshines BTC and DOGE but not for long

The cryptocurrency ecosystem seems to have stabilized with volatility reducing in recent times. However, some altcoins are performing better than others. Chainlink is one such example. Link has its price up by 104% since 2020, however, BTC and Doge are at 5.20% and 5.11%. Source: TradingView Dogecoin DOGEUSD TradingView At the time of writing, the …

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