CHAINLINK price, news and Forecast (LINK US DOLLAR)


Staking is coming to Chainlink this December as LINK price stands firm


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Bitcoin Weekly Forecast: BTC’s Q3 close and what to expect in Q4?

Bitcoin Weekly Forecast: BTC’s Q3 close and what to expect in Q4?

Bitcoin price is trading above two crucial levels, suggesting a stable foothold. Combining this outlook with a bullish divergence signal, BTC holders should expect a favorable outcome. However, since the third quarter will end in a few hours, there is bound to be abnormal volatility in the market, which could trigger massive moves in either direction, so investors need to be cautious. 

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Shiba Inu price: Shiba Eternity download day the biggest bullish catalyst in SHIB history?

Shiba Inu price: Shiba Eternity download day the biggest bullish catalyst in SHIB history?

Shytoshi Kusama, the project lead for Shiba Inu, has dropped a teaser about Shiba Eternity for the SHIB community. Proponents expect the launch of the collectible card game to be a bullish catalyst for SHIB.

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Staking is coming to Chainlink this December as LINK price stands firm

Staking is coming to Chainlink this December as LINK price stands firm

LINK is trying to find its feet in the wake of declines that followed its rejection from resistance at $8.40. Bulls have managed to sustain a generally up-trending market and Chainlink is up nearly 17.50% from its September low at $6.56.

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Ethereum Classic bulls take charge, a retest of $30 on the cards

Ethereum Classic bulls take charge, a retest of $30 on the cards

Ethereum Classic price ranges with no directional bias in sight. This trend could continue unless Bitcoin decides to do something. Regardless, investors should prepare for a minor downtrend before ETC rallies. 

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Bitcoin: BTC’s Q3 close and what to expect in Q4?

Bitcoin: BTC’s Q3 close and what to expect in Q4?

Bitcoin price has developed a bullish divergence with RSI, hinting at more upside. Despite the optimistic technicals, investors should expect volatile swings before the end of the third quarter of 2022. 

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WHAT IS CHAINLINK?

Chainlink is a decentralized oracle network that greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.

LINK tokens are the digital assets used to pay for services on the network.

Characteristics of Chainlink

Chainlink main objective was creating a blockchain that allows users to connect with real world data.

  • Chainlink makes it possible for users to work with off-chain data.
  • It offers the possibility of making payments through a contract to any payment system or banking network.
  • Its users can use smart contracts which includes an oracle reputation called a service level agreement. It punishes the oracles that violate network rules or provide incorrect data.
  • Uses an aggregation contract to collect all the off-chain oracles’ data to create a weighted aggregate response.

Differences between Chainlink and Bitcoin

Which are the main differences betweeen LINK and BTC?

  • LINK demand and value of the tokens is directly correlated to the number of operators that offer off-chain services to the system.
  • The LINK token is described by developers as an ERC-20 token, with the additional ERC-223 “transfer and call” functionality.
  • The LINK token sale was capped at $32 million, with a total supply of 1 billion LINK tokens.

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