Chainlink has seen renewed institutional interest with Spot ETFs recording net inflows for two consecutive days, totaling over $3.5 million recently. Bitwise led this demand by purchasing 171,870 LINK worth $1.7 million, increasing its holdings to 3.092 million LINK valued at $30 million. This institutional buying, combined with reduced LINK supply on exchanges, suggests strong upward momentum. Technical indicators support a potential price rise above the $10 resistance level if demand continues and LINK stays above $9.
On October 19, U.S. altcoin spot ETFs showed mixed flows: Litecoin and NEAR ETFs attracted new investments, while Solana and Zcash ETFs experienced net outflows. Other altcoin ETFs like XRP, Dogecoin, Chainlink, and Avalanche remained flat with no si...
The Chainlink Reserve accumulated 431,900 LINK tokens valued at $5.41 million over the past 30 days, highlighting steady accumulation. Meanwhile, U.S. spot LINK exchange-traded funds experienced a net outflow of $397,256 on October 16, reversing a sm...
Chainlink's Reserve has increased its holdings by 431,900 LINK worth $5.41 million in the past 30 days, raising total holdings to 6.29 million LINK. This accumulation has not been spent on network development, potentially creating a supply-demand imb...
An unknown address received a total of 246,800 Chainlink (LINK) tokens from Binance over a span of four days, valued at approximately $3.01 million. Nearly 75% of these tokens, about 182,160 LINK worth $2.18 million, were transferred within the 24 ho...
Chainlink has partnered with Tokyo-based advisory firm Pacific Meta to provide its Cross-Chain Interoperability Protocol (CCIP) and Automated Compliance Engine (ACE) as preferred solutions for Japan's financial sector. This deal positions Chainlink's...
