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Whale Buys Chainlink Cryptocurrency Worth $16.5 Million

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A mysterious whale has made a new entry into ChainLink cryptocurrency by accumulating 663,580 tokens on Sunday. The whale spent a staggering $16.5 million in the ordeal, holding more than half a million LINK in the wallet. The wallet address had previously indulged in swing trading Chainlink two years ago and took home a profit of $1.72 million. For the uninitiated, swing trading is a concept where investors map its growth and take entry positions between two days and a few weeks. Also Read: Chainlink LINK Price Prediction: Analysts Eyeing $73 Target They stick to a price target and quickly exit after reaching the point. They don’t indulge in the ‘buy-and-hold’ long-term policy but book quick profits after a target is met. Swing traders use technical Analysis to identify which stocks or cryptocurrencies are likely to rise next and invest in them after conducting thorough research. The anonymous whale had made $1.72 million by swing trading Chainlink cryptocurrency in ...

Chainlink Accumulation Picks Up as LINK Targets $25-$30 Level

Chainlink (LINK) is up nearly 20% from its dip last week, signaling a rebound in investor sentiment and price forecast. Volume is increasing, volatility is picking up, and LINK is forming a base structure that could mark the end of its accumulation phase. The cryptocurrency is also up following its announcement of a new partnership with credit card provider Mastercard. Now back above $13, investors hope that July will prove bullish, perhaps sending LINK back above $20. Chainlink (LINK) is currently trading over 25% below its May high, reflecting the broader market impact of rising macroeconomic uncertainty and geopolitical tensions, especially the recent Middle East conflicts. Despite these pressures, LINK has managed to hold within a steady consolidation range, signaling resilience as the crypto market awaits its next decisive move. Crypto analyst Henry Lord of Alts says that Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His Analysis h...

Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook

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A widely followed crypto analyst says that decentralized oracle network Chainlink (LINK) is gearing up for a massive breakout. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,400 followers on the social media platform X that LINK may increase by more than 194% its current value by early next year. “Green for buying, red for selling. This trade requires: 2/100 IQ. 100/100 patience . I have both.” Source: Inmortal/X Looking at his chart, the trader suggests LINK may retest the level around $14 and surge to around $53 in the first half of 2026. LINK is trading for $17.98 at time of writing, flat on the day. Next up, the trader predicts that top digital assets will see big rallies in the coming months. “I think most underestimate the power of buying spot here on some majors. Easy 2x in three months. Buy, wait, wait, wait, sell.” Lastly, the trader says that Ethereum (ETH) may take off on a series of rallie...

Chainlink to Win Big in 2025: Analysts Say LINK Has $80 Upside

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The positive sentiment throughout the cryptocurrency sector is undeniable. Indeed, the asset class has thrived throughout most of the year, but that pales in comparison to what some expect when the calendar turns. Among the assets with the most potential is Chainlink, as it is set to win big in 2025, with analysts suggesting LINK has an $80 upside for the coming year. Chainlink has been thriving despite a price correction taking place throughout the holiday season. As the market anticipates a thriving year ahead, it could be one of the biggest risers. Indeed, whales have already made their presence felt, acquiring 1.37 million LINK over the last five days alone. Source: Chain.link Also Read: Chainlink: LINK Up 53% This Year as January Preps Record-Breaking 2025 Chainlink to $80 Next Year? Why LINK Could Far Exceed 39% 2024 Gains Bitcoin has led a monumental bull rally for cryptocurrencies this year. The leading digital asset surged beyond a $100,000 price for the first time in its hist...

Chainlink: LINK Up 53% This Year as January Preps Record-Breaking 2025

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Despite its recent correction, Chainlink (LINK) is up more than 53% this year, with January looking to prepare a record-breaking 2025 for the cryptocurrency. Indeed, the asset has stumbled throughout the holiday season, alongside most of the sector. However, that doesn’t lessen excitement over what’s to come for the asset class. The entire industry has high hopes for 2025, and many expect it to outperform what has taken place over the last 12 months. With Bitcoin set to lead an ongoing surge into unprecedented territory, analysts are expecting Chainlink to be among the assets set to break records in the coming year. Also Read: Chainlink (LINK) to Rebound 160% From December Drop: Here’s When Chainlink Has Solid 2024 As It May Be Set to Break Records Next Year Source: Watcher Guru Also Read: Chainlink Falls 15%: Why Analysts Still Expect LINK to Hit $35 in January Any way you look at it, 2024 was an unforgettable year for cryptocurrencies. In January, the United States approve...

Shiba Inu & Chainlink Team Up To Strengthen Shibarium

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Several networks have come together in the past to boost their utility, performance, and ecosystem in general. More recently, the Shiba Inu (SHIB) network announced its collaboration with Chainlink (LINK). The latest partnership, Shibarium, Shiba Inu’s Layer-2 blockchain, would primarily use Chainlink’s blockchain interoperability standard as its cross-chain architecture. Would this impact the price of both these networks? Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5? Looking Into The Latest Partnership Source: Watcher Guru Along with the latest integration, assets like BONE and LEASH will be accessible on 12 blockchains thanks to the adoption of the Cross-Chain Token (CCT). Token transfers between Ethereum and other chains are made possible by the lock-and-mint process, but the burn-and-mint technique makes cross-chain transfers between all other networks possible. Shytoshi Kusama, the lead developer of Shiba Inu, called the development ...

Here’s when Chainlink (LINK) will reach $40, according to analyst

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Chainlink (LINK) continues its bullish momentum, with analysts highlighting a clear path toward $40 in the short term. Notably, an Analysis by TradingShot , a prominent technical Analysis firm, highlights the strength of LINK’s current uptrend within a well-defined ‘Channel Up’ pattern.  This channel began after LINK bottomed out in June 2023, marking the start of a sustained bullish trend that is yet to be broken. Picks for you Kite AI and GAIB to open a decentralized market for compute assets   3 hours ago Robert Kiyosaki reveals his next big investment 4 hours ago How much you'd have if you invested $1,000 in Bitcoin when JPMorgan...

Top Trader Predicts Chainlink (LINK) Rally, Says One Memecoin Gearing Up to ‘Mega Send’

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A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to see more rallies after concluding an ABC wave pullback. “LINK continues to look strong here against USD and BTC pair. Working real hard on the range breakdown reclaim, I think this will be at least 50% higher in the next week or two.” Source: Bluntz/X He also says that the market correction this week creates a buying opportunity for LINK. “There are some good setups now on these mega flushes. LINK is one of them.” Source: Bluntz/X LINK is trading for $23.65 at the of writing, up 12.2% in the last 24 hours. ...

Chainlink Hits Highest Profit Ratio Since 2022: Can LINK Hit $20 In June?

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Chain LINK has surpassed the $17.50 level recently, Additionally, there are 11 transactions in profit for every 1 LINK transaction at a loss. According to Santiment, this is the highest ratio since December 8, 2022. Currently, the native asset of the network, LINK , is experiencing a trading range near $17.6, according to the latest data. CoinGecko data also shows that LINK is up by 5.8% in the last 24 hours and is trading in the $17 range. With the market trading in green, here is our price prediction for LINK for June. Also read: Ripple: How High Can XRP Pump in June 2024? Source: CoinGecko Chainlink price prediction for June LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. In the past 30 days alone, this altcoin has recorded a 14.1% surge in its price. Despite being 66.7% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable th...

K33 Research: Chainlink is best asset that shows growing tokenization for RWA

The token ization of real-world assets is gaining momentum in the crypto sphere, with Chainlink’s LINK highlighted as a potential key player in this emerging landscape. The world of cryptocurrency is no longer limited to abstract digital assets; the token ization of real-world assets (RWAs) such as private equity, credit, and bonds is a burgeoning narrative. Tokenization, by placing these traditional assets on blockchain platforms, promises a more transparent, cost-effective, and easily accessible mode of financial transactions. A report released on October 11 by research firm K33 Research indicates that Chainlink’s native token , LINK, could be the most secure avenue for investors keen on benefiting from the escalating enthusiasm surrounding RWAs’ token ization. David Zimmerman, a K33 analyst, stated that for those aiming to be part of the RWA wave, LINK stands as a reliable choice. Tokenization’s allure lies in its potential to streamline operational proces...