A major Chainlink holder transferred 2.41 million LINK tokens worth about $26 million to Coinbase over several weeks, sparking speculation of potential selling pressure. LINK's price recently fell below the critical $12 support level to around $11.80, after an 86% rally since July. Despite price weakness, on-chain data shows strong network activity with active addresses maintaining 66% of gains from August. Chainlink's ecosystem also hit a $30 trillion cumulative transaction milestone, with growing adoption of its interoperability protocol. Investors watch key support levels near $10.80 and $9.80 for possible buying opportunities amid market uncertainty.
CME Group's new emerging crypto index excludes Dogecoin because it is a memecoin and its blockchain lacks applications that lock capital, unlike Chainlink which is included despite a smaller market cap. The index prioritizes tokens with actual usage ...
Chainlink (LINK) fell 17.7% from its late-September high of about $15.74, trading near $13 on October 13. The token remains above its 50-day and longer-term moving averages but below its 20-day average, indicating a weaker short-term trend. Key resis...
Chainlink's price has bounced back to around $13 after falling from its late-September high near $15.74, supported by the 50-day moving average at $12.59. Despite a recent correction, weekly buying pressure remains positive, and analysts see potentia...
Chainlink (LINK) fell 3.05% to $13.08 while Binance futures open interest increased by 5.91% to about $110.2 million, indicating more derivatives activity despite a weaker spot price. The mixed signals leave uncertainty about whether traders are addi...
Chainlink will hold its Link:NYC event on October 29 in New York, focusing on topics like institutional assets, interoperability, and stablecoins. The event targets banks, market infrastructure operators, and institutional investors, not developers, ...
