Chainlink Held By the top 10 Crypto Exchange Addresses Drops by 67.6%

Investors are moving Chainlink tokens out of exchanges at an increasing rate 2.5% of Chainlink’s circulating supply has left exchanges in the last 2 months The amount of Chainlink held by the top 10 crypto exchange addresses has dropped by 67.6% in the last 6 months Chainlink is currently battling to maintain the $44.30 support amidst a sub-$50k Bitcoin Chainlink investors are moving their LINK out of crypto exchanges and into cold storage at an increased rate. According to data shared by the team at Santiment, 2.5% of Chainlink’s circulating…

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Chainlink’s Network is Growing at a Rate of 12% Per Month – Analyst

Chainlink’s network is growing at a rate of 12% per month When compounded, Chainlink’s network is growing at a rate of roughly 300% per year The price of LINK is related to function calls on the network as demonstrated through Metcalfe’s Law Therefore, LINK’s recent all-time high was organic and a sign of additional growth to come Bitcoin and Crypto analyst, Timothy Peterson, of Cane Island Alternative Advisors, has identified that the Chainlink network is growing at a rate of roughly 12% per month. When this growth is compound, it…

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Chainlink’s Next Level of Support Below $32 is Around $27 – Weiss

Chainlink is currently battling to maintain the $32 price area as a support According to Weiss, $27 is the next level of support should $32 fail for Chainlink On a fundamental level, the team at Chainlink has awarded a community grant to ChainSafe The grant is aimed at expanding the Chainlink Oracle pallet on Polkadot The digital asset of Chainlink (LINK) is currently undergoing a fierce battle in defense of the $32 price area. This is after the digital asset dropped to a local low of $30.02 – Binance rate…

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SushiSwap Integrates Chainlink Price Feeds on ETH, BSC to Power Kashi

SushiSwap has integrated Chainlink price feeds on both Ethereum and the Binance Smart Chain The Chainlink price feeds will power SushiSwap’s Kashi lending platform, ensuring accurate asset valuations SushiSwap trading pairs are now available on Tradingview The Decentralized exchange and DeFi platform of SushiSwap (SUSHI) has integrated Chainlink price feeds on both Ethereum and the Binance Smart Chain. The integration is aimed at powering SushiSwap’s recently launched lending platform of Kashi. The Chainlink price feeds will provide Kashi markets with ‘accurate and up-to-date asset valuations are referenced during loan issuance…

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Chainlink Supply Held by Top 1% Addresses Hits 3 Year High of 84.44%

The top 1% LINK addresses now hold 84.44% of Chainlink’s total supply This amount, valued at $13.207 Billion, has reached a 3 year high Chainlink has been edged out of the top 10 on Coinmarketcap by digital assets such as Dogecoin, Polkadot, XRP and Cardano The implementation of Chainlink 2.0 will have a positive impact on the value of LINK The top 1% holders of LINK have accumulated 84.44% of Chainlink’s total supply. This amount translates to roughly 353,811,669 LINK tokens valued at  $13.207 Billion using Chainlink’s current value of…

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LINK Soars to All-time Highs on Launch of the Chainlink 2.0 Whitepaper

The team at Chainlink has launched the whitepaper to version 2.0 of the project The new whitepaper proposes hybrid smart contracts on Chainlink The digital asset of LINK has set a new all-time high of $44.1447 – Binance rate Chainlink 2.0 might signal a new phase of growth for LINK in the crypto markets The team at Chainlink (LINK) has released a new whitepaper for the second iteration of its platform that will introduce hybrid smart contracts. Dubbed Chainlink 2.0, the new whitepaper proposes improvements to the network in seven…

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1inch Network (1INCH) Surpasses $30B in Total Trading Volume

In brief: 1inch Network (1INCH) has surpassed $30 Billion in total trading volume 1inch Network is available on both Ethereum and the Binance Smart Chain The 1INCH token was listed on Coinbase yesterday, April 9th 1INCH Token has experienced 28% gains in a 7 day period The 1inch Network (1INCH) decentralized platform has now surpassed $30 billion in total trading volume. The project, which was launched in May of 2019, also hosts over 177k users with a 24-hour trade volume of $132.99 million. The impressive 1inch Network milestones can be…

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Filecoin (FIL) to Power Video NFTs Through Integration with VideoCoin

In summary: VideoCoin (VID) will be integrating Filecoin (FIL) to power the Video NFT market Filecoin will provide the necessary storage capacity for Video NFTs Video-based NFTs are gaining popularity and proof of ownership on Filecoin will be a gateway towards video origin verification The decentralized file storage project of Filecoin (FIL) will soon be the home of video NFTs thanks to an integration with VideoCoin (VID). The latter project is working on creating a solution for the reliable creation, storage and trading of video NFTs on the Ethereum network.…

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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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Chainlink (LINK) Added to Grayscale’s Digital Large Cap Fund

In brief: Grayscale has adjusted its Digital Large Cap Fund and added Chainlink (LINK) Chainlink now has 0.90% allocation to the Grayscale Large Cap Fund LINK’s price experienced a knee-jerk reaction to the news posting a local high of $34.66 The Wall Street investment firm of Grayscale has announced the rebalancing of its Digital Large Cap Fund. According to the official announcement, Grayscale sold existing components ‘in proportion to their respective weightings and using the cash proceeds to purchase Chainlink (LINK) in accordance with the Fund’s construction criteria.’ The announcement…

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