Chainlink Outperforms ETH by 11% Per month, Putting LINK at $67 by May

In summary: Crypto analyst Timothy Peterson points out that on average, Chainlink outperforms Ethereum by 11% per month LINK could therefore benefit from Ethereum’s historical gains in the first 5 months of the year Mr. Peterson forecasts that LINK could hit $40 by end of April and $67 by end of May because of this More crypto projects continue to integrate Chainlink oracles Bitcoin and crypto analyst Timothy Peterson has forecasted that Chainlink could hit $40 by the end of this month and $67 by the end of May. Mr.…

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The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama. Blistering Growth in Defi and Smart Contracts Beckon New Layer of Trust As the smart contract revolution continues to gain traction, the fissures and flaws in existing infrastructure that supports these transactional protocols are becoming more apparent. Among the chief issues facing smart contracts, costs and security are the main factors in the spotlight. To…

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88 years ago Franklin D. Roosevelt banned gold ownership in the US – will a Bitcoin ban follow?

On April 5, 1933, barely four weeks after taking office, US President Franklin D. Roosevelt signed Executive Order 6102, which “forbids the hoarding of gold coins, gold bars and gold certificates within the continental United States.” Could Bitcoin today suffer the same fate as gold did back then? The decree was a reaction in a whole series of measures of his “New Deal” as a result of the Great Depression, which had ultimately led to the escalation of the financial crisis. A resolution of the US Congress followed later in the same…

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Miners are hoarding Bitcoin from record daily earnings

Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February. Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March. Data from on-chain analytics provider Glassnode shows that miners’ BTC balances have been increasing since late March, following heavy outflows throughout January and consistently reduced selling during February and earlier in March. Glassnode CTO Rafael Schultze-Kraft, notes several metrics pointing to recent miner accumulation — including flows from miner…

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