Crypto analytics firm IntoTheBlock is warning that large token unlocks in the future may hamper the performance of several altcoins. IntoTheBlock notes that nearly $25 million worth of Bitcoin (BTC) is “unlocked” or mined each day – an amount that is easily absorbed by the crypto king’s large and liquid market. On the other hand, […]
The post Price Growth of Worldcoin and Two Other Crypto Projects May Stall Due to Significant Token Unlocks: IntoTheBlock appeared first on The Daily Hodl.
Sergey Nazarov, co-creator of blockchain oracle service Chainlink (LINK), says that one burgeoning sector of the digital asset space is set to become a leading trend. Nazarov tells his 150,000 followers on the social media platform X that real world assets (RWAs) look poised to become the next big trend in blockchain. The RWA trend […]
The post Chainlink (LINK) Creator Sergey Nazarov Says Real World Assets (RWAs) Are Next Big Trend in Blockchain appeared first on The Daily Hodl.
New data from market intelligence platform Santiment reveals that two under-the-radar altcoins are primed to skyrocket. According to the crypto analytics firm, domain-naming crypto Ethereum Name Service (ENS) and decentralized non-fungible token (NFT) ecosystem Treasure (MAGIC) have seen explosive network growth over the last 24 hours, highly increasing their chances of a breakout. google336x280] “Altcoins […]
The post These Two Low-Cap Altcoins Possess ‘Increased Chance of a Breakout,’ According to Analytics Platform Santiment appeared first on The Daily Hodl.
A closely followed on-chain analyst says crypto whales are heavily loading up on an altcoin running on the Ethereum (ETH) network. Ali Martinez tells his 66,900 followers on the social media platform X that deep-pocketed investors accumulated tens of millions of dollars worth of the decentralized oracle Chainlink (LINK) in just seven days. “Chainlink whales […]
The post Crypto Whales Gobble Up Over $76,000,000 Worth of Ethereum-Based Altcoin in One Week, Says Analyst appeared first on The Daily Hodl.
Prominent crypto analytics firm Santiment is unveiling a list of large-cap altcoins that may see short-term rallies following last week’s correction. The crypto insights firm says on the social media platform X that the Market Value to Realized Value (MVRV) metric of seven altcoins has dropped to negative territory. The MVRV is the ratio of […]
The post Ethereum, Dogecoin and Five Additional Altcoins Flashing Short-Term Bullish Signal, According to Santiment appeared first on The Daily Hodl.
One widely followed crypto analyst is turning bullish on decentralized oracle network Chainlink (LINK) after a massive correction. Crypto trader Michaël van de Poppe tells his 722,800 followers on the social media platform X that based on a historical pattern, Chainlink could enter an uptrend against Bitcoin (LINK/BTC) to end the year. “LINK has been […]
The post Chainlink on the Cusp of ‘Good Times Ahead,’ Says Analyst Michaël van de Poppe – Here Are His Targets appeared first on The Daily Hodl.
Decentralized oracle network Chainlink (LINK) is suddenly seeing a lot more development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink has shot up in rankings in terms of development activity over the last 30 days from fourth place in May to second place last month. Meanwhile, decentralized […]
The post Oracle Network Chainlink Rapidly Ascending List of Top Crypto Projects in Development Activity: Santiment appeared first on The Daily Hodl.
Whales have been gobbling up the decentralized oracle network Chainlink (LINK), according to the crypto tracker Lookonchain. Lookonchain notes that 54 fresh wallets withdrew 2.08 million LINK worth $30.28 million from Binance in the past seven days. The crypto tracker says the addresses could belong to institutions. LINK is trading at $14.43 at time of […]
The post 54 Wallets Possibly Belonging to Institutions Accumulating Chainlink (LINK) From Binance: Lookonchain appeared first on The Daily Hodl.
The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink's CCIP interoperability protocol.
Following a vote from the Aave decentralized autonomous organization (DAO), a member-controlled community that proposes and manages changes to the lending protocol, the GHO stablecoin has been deployed on the Arbitrum network.
Aave’s DAO also plans to launch the GHO stablecoin on multiple networks over time but chose to deploy GHO on Arbitrum to take advantage of the layer-2 network’s low transaction costs and increased throughput.
The decision to roll out the stablecoin to additional networks in phases was based on security and risk management factors. This allowed the DAO to test the waters before expanding GHO’s presence to other blockchain ecosystems.
The derivatives arm of crypto exchange Coinbase has just submitted to the Commodity Futures Trading Commission (CFTC) documents to self-certify the listing of new futures products tied to five popular crypto assets. According to the filings, Coinbase Derivatives is launching futures contracts for Avalanche (AVA), Chainlink (LNK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHB), […]
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