Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Summary: Zeus Capital has continued to rattle the Chainlink project, constantly insinuating it is a scam The latest accusation is that the Chainlink team has been dumping LINK on Binance since last summer Zeus Capital highlights a Chainlink address holding 90k LINK and claims it once had 34.5 million tokens According to Zeus, the address sold 1M LINK per month and soon graduated to 1.5M tokens per week Zeus Capital is once again on the offensive against the Chainlink team. In a recent Twitter thread, Zeus Capital claims that the…

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Chainlink Reserves on Crypto Exchanges Drop to 14.6% of Total Supply

Summary: Chainlink reserves on crypto exchanges have dropped to 14.6% of the total supply Chainlink’s network has continued to grow for a third straight month $29 continues to act as a strong support for Chainlink However, an unstable Bitcoin might throw cold water on the fact that Grayscale opened a LINK trust Chainlink reserves on crypto exchanges have been in a state of constant decline since September 2020 when they were at 34% of the total supply of LINK. According to data from the team at Santiment, the Chainlink reserves…

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Chainlink Might be Undervalued in terms of Supply and Demand

Summary: Chainlink reserves on crypto exchanges have been in a state of constant decline since last year The CEO of CryptoQuant thinks that Chainlink is undervalued in terms of supply and demand Chainlink’s supply on exchanges will probably continue reducing as Grayscale continually scoops up LINK for its new trust Chainlink is currently attempting to turn the $30 price area into support Chainlink (LINK) reserves on crypto exchanges have been in a state of constant decline for the last year. This is according to data provided by the CEO of…

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Grayscale Launches 5 New Trusts: Chainlink, BAT, MANA, FIL and LPT

Summary: Grayscale Investments has announced the launch of 5 new crypto trusts They include Chainlink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) and Livepeer (LPT) Each of these digital assets has gained significantly in the last 24 hours and/or 7 days The CEO of Grayscale had hinted at a pending announcement earlier today The Wallstreet company of Grayscale Investments has announced the launch of 5 new digital asset trusts. Furthermore, the new trusts are now open for daily subscription by eligible individual and institutional accredited investors. The new…

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Chainlink’s Market Cap Could Hit $1T in 10 Years – Crypto Analyst

Summary: Timothy Peterson has forecasted that Chainlink could reach a $1 Trillion market cap in 10 years He compares Chainlink to Facebook that achieved a similar feat in the stated time period A $1 Trillion market cap translates to a $3k value of LINK Chainlink’s scalability solution of Off-Chain Reporting could boost the value of LINK further Chainlink is currently battling to maintain the $28.50 support zone as Stimulus Checks are about to be disbursed Bitcoin and crypto analyst, Timothy Peterson, of Cane Island Alternative Advisors has explored one scenario…

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Top 3 NFT Marketplaces Had a Combined Trading Volume of $342M in Feb.

Quick take: Trading of NFTs is booming in the crypto-verse The top 3 NFT marketplace had a combined trading volume of $342 million in February 22 NFTs sold for more than $200k in the same month NFTs are perfect for collectibles in the various global sports leagues Like all things revolutionary in crypto, Non-Fungible Tokens (NFTs) have swept the trader and investor community by storm. According to DAppRadar, the top 3 NFT marketplace had a combined trading volume of $342 million in the month of February. The top 3 NFT…

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NFTs are like ICOs in 2017 and Altcoins in 2013 – Litecoin Creator

Summary: Charlie Lee has compared the current NFT boom to ICOs in 2017 and altcoins in 2013 He cites that NFTs are easy to create, simple and are bringing in new people into crypto Charlie Lee went on to point out that an NFT is a digital certificate to a collectible Billionaire investor, Mark Cuban, is particularly interested in the NFT market Global Google search volume for NFTs has also skyrocketed The Creator of Litecoin, Charlie Lee, has likened the current NFT interest in the crypto-verse, to the ICO boom…

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Chainlink May Gain Prominence Over Bitcoin – Citi Report

Quick take: A recent report by Citi Group forecasted that Chainlink may gain prominence over Bitcoin The report cites the use of LINK as a token in the Chainlink ecosystem could increase as blockchain continues to thrive globally over time Chainlink is also being adopted on other networks such as Tezos and Polkadot  Earlier this week, the team at Citi Group released a report explaining that Bitcoin was at a tipping point and could in the next seven years, ‘become the currency of choice for international trade’. The report went…

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Chainlink Bug Bounty to Payout $100k For Critical Vulnerabilities

In brief: Chainlink has extended its bug bounty program to provide $100k for the disclosure of critical vulnerabilities The payout will either be in cash or LINK The Chainlink bug bounty program will be available through Gitcoin and HackerOne Chainlink’s goal is to guarantee a secure oracle infrastructure for its smart contracts The team at Chainlink has announced that the project will be expanding its Bug bounty program to ‘provide $100,000 in cash or LINK for the responsible disclosure of critical vulnerabilities in the Chainlink codebase’. Additionally, the Chainlink bug…

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Bitcoin’s Rise Could ‘Pull’ Chainlink (LINK) to $80 – Crypto Analyst

In summary: Timothy Peterson has forecasted that Chainlink could rise to $80  His estimate is based on Chainlink’s relationship with Bitcoin Where BTC goes, LINK is not that far behind Bitcoin is closing in on $60k with Chainlink looking to defend the $34 price area during today’s weekly close Timothy Peterson, of Cane Island Alternative Advisors, has forecasted that Chainlink’s value could be boosted by Bitcoin’s current market momentum based on the correlation between these two assets. According to Mr. Peterson, if the LINK/BTC relationship is used as a guide,…

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