Decentralized Oracle Network Chainlink Leads ERC-20 Projects in Terms of Recent Development Activity: Santiment

June 29, 2024 The Daily Hodl

Altcoins

The decentralized oracle network Chainlink (LINK) leads all ERC-20 projects in terms of recent development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink registered 560.6 notable GitHub events in the past 30 days. Status (SNT) was second, clocking 385.97 events. Status aims to offer users a secure […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Crypto Analyst Says One Ethereum Rival Is Extremely Undervalued, Maps Path Forward for Bitcoin and Chainlink

June 29, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst and trader believes that one Ethereum (ETH) rival is well below fair market value. Crypto trader Michaël van de Poppe tells his 722,500 followers on the social media platform X that layer-2 scaling solution Polkadot (DOT) could follow ETH’s upward trend. “DOT is likely going to follow Ethereum in its […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration

June 27, 2024 Bitcoin.com

Avalanche

Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain In communications shared with Bitcoin.com News by the three teams, the announcement notes that Chainlink […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Over $256,000,000 in Chainlink (LINK) Abruptly Sent to Crypto Exchanges in Just 24 Hours, Says Analyst

June 25, 2024 The Daily Hodl

Over 6,000,000 in Chainlink (LINK) Abruptly Sent to Crypto Exchanges in Just 24 Hours, Says Analyst

Altcoins

Over a quarter billion dollars worth of Chainlink (LINK), the leading blockchain oracle service, has been spotted headed to crypto exchanges. Analyst Ali Martinez says that within a 24-hour period on June 22nd, traders deposited millions of LINK to digital asset exchanges where they could be sold on the open market. “[In 24 hours], 18.77 […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Crypto Trader Says One Blue-Chip Altcoin Primed To Skyrocket by 150%, Updates Outlook on Bitcoin and Ethereum

June 22, 2024 The Daily Hodl

Altcoins

The widely followed cryptocurrency trader and analyst Michaël van de Poppe is expressing bullish sentiment on a leading blockchain oracle while outlining the potential path forward for Bitcoin (BTC) and Ethereum (ETH). Van de Poppe tells his 722,000 followers on the social media platform X that the price action of Chainlink (LINK) when paired against […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Ethereum Sees Sentiment Reversal Among Institutional Investors Amid $2,000,000,000 Monthly Inflows: CoinShares

June 3, 2024 The Daily Hodl

Ethereum Sees Sentiment Reversal Among Institutional Investors Amid ,000,000,000 Monthly Inflows: CoinShares

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Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last month. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $185 million in inflows last week. “Digital asset investment products saw inflows for the 4th consecutive week totaling US $185 million, with May seeing US $2 […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Chainlink co-founder notes importance of oracle networks following NYSE glitch

June 3, 2024 Coin Telegraph

Chainlink

Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems.

Following a glitch responsible for dropping the listed price of several securities listed on the New York Stock Exchange by up to 99.9%, Chainlink (LINK) co-founder and CEO Sergey Nazarov chimed in and reminded the public that legacy financial systems are prone to critical vulnerabilities as a result of their highly centralized architecture.

In a statement to Cointelegraph, Nazarov explained how Chainlink's oracle network could provide a solution to the vulnerabilities inherent in centralized systems:

"Decentralized oracle networks, which were invented by Chainlink, can mitigate these risks by providing accurate, tamper-proof data. These networks aggregate data from various sources and use consensus mechanisms to validate information, ensuring data integrity and preventing erroneous trades and price manipulations."

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

‘Hundreds of Trillions’– Sergey Nazarov Says 2024 Is Year Crypto and Global Financial System Merge

June 2, 2024 The Daily Hodl

Blockchain

Chainlink (LINK) co-creator Sergey Nazarov says this could be the year that sees a great merger between blockchain and the traditional global financial system. In a speech at the Consensus 2024 conference, Nazarov says the market for on-chain assets is more than $100 trillion. The Chainlink co-creator shares a chart showing that the $2.7 trillion […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Layer-1 Ethereum Competitor Leads Crypto Space in Terms of Development Activity: Analytics Firm Santiment

June 1, 2024 The Daily Hodl

ada

New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity. In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking […]

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Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Trader Says Large-Cap Memecoin Could Surge by 140%+, Updates Outlook on Solana, Chainlink and One Ethereum Rival

May 31, 2024 The Daily Hodl

Altcoins

A widely followed analyst and trader is predicting triple-digit gains for a leading memecoin while updating his outlook on three other crypto assets. The trader pseudonymously known as Altcoin Sherpa tells his 216,400 followers on the social media platform X that Dogecoin (DOGE) potentially surging to $0.40, about 147% above the current level, “is one […]

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