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JavaScript Smart Contracts Platform Taps LINK For Fast DeFi Data

JavaScript Smart Contracts platform Agoric will use Chainlink’s oracle data to allow developers to build smart contracts using one of the world’s most popular and secure programming languages. In today’s Chainlink news. Agoric announced the integration of Chainlink data from the decentralized oracle network and will allow developers to build smart contracts using JavaScript. The Chainlink integration is available on Agoric’s testnet which plans for a mainnet launch in 2021. Chainlink is integrated into Agoric which is a JavaScript smart contracts platform that will pave the way for Defi developers. Agoric announced today the integration of the chainlink decentralized oracle…

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LINK Rejected $11 Price Level, Could Drop Below $10.5: Analysis

LINK rejected $11 as a price level after it started the increase. There’s now a risk of another decline below $10.50 if the cryptocurrency doesn’t break the $11.00 level. In our latest chainlink news, we are reading more about the price analysis. Chainlink’s token price is struggling to gain momentum above and LINK rejected $11.00 and the $11.10 level against the US dollar. The price is trading well above $10.50 and the 100 simple moving average with a break above the major contracting triangle with resistance near the $10.65 on the 4-hour charts for the pair. The pair could nosedive…

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LINK Analyst Says Rally To $16.50 Is Likely If It Surpasses Key Level

LINK analyst says rally to $16.50 is possible if the altcoin manages to surpass a key level above $11.00 in the next few days. This level became a strong resistance for the asset as both bears and bulls have reached an impasse so let’s read more in our chainlink coin news. Although Chainlink has a history of forming price trends that are independent of the rest of the market, it lost a little bit of independence over the past few weeks as it started moving in unison with Bitcoin. The LINK analyst says that the coin is trading 50% from…

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Ex-BitGo CTO Ben Chan Joins Chainlink To Build Scaling Solutions

The ex-BitGO CTO Ben Chan, has joined Chainlink to built a layer-2 scaling solution for the network as we are reading in our latest chainlink coin news. The Threshold Signatures scaling solution will aggregate data and will send it to Chainlink customers in one transaction. The move came as many projects are working to solve the recent issue with high transaction fees on ETH. Chainlink announced that Ben Chan who was a custody provider at BitGo will serve as VP of Engineering at chainlink Labs. The hire will help Chainlink create a scaling solution for decentralized oracle networks and will…

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Crucial Juncture For Chainlink Forms With $10.50 Holding The Key

A crucial juncture for Chainlink started forming after the asset started a downside correction from the $11.80 zone against the US dollar. The price is trading at major breakdown support of $10.60 and $10.50 so let’s read more in our latest Chainlink coin news. The token price corrected the gains from well above the $11.50 level against the US dollar. The price is testing the $10.60 support and it is well above the 100 simple moving average. There’s also a short-term declining channel or a bullish flag forming with the resistance close to the $10.95 on the 4-hour charts of…

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LINK Looks Good Despite Losing Momentum: Price Analysis

LINK looks good despite losing the upward momentum and it was one of the fastest-rallying coins over the past few weeks so let’s read more in our latest chainlink coin news. The leading ETH-based crypto-asset underwent a strong bounce from its $7.75 low to a high of $12 which means that from the lows, Chainlink gained over 45% making it one of the top-performing assets from the September lows. LINK looks good despite the drop from its highs as it is now trading at $11, just over 5% below the recent local highs. Chart of LINK’s price action since the…

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Important Correction Prepares For Oracle Projects BAND And LINK

An important correction phase is preparing for both oracle projects Chainlink and Band Protocol as they both surged by 25% in the past week but their uptrends could even reach exhaustion soon so let’s read more in our chainlink coin news. Chainlink increased by 27% since October after breaking out of the descending parallel channel. Band Protocol skyrocketed more than 50% within the same period but despite the considerable upward pressure as the TD sequential index forecasts that both of the cryptocurrencies are bound for a steep correction. More than $40 million flooded the market in the past week which…

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LINK Faces Grim Downturn That Could Lead To $6.85: Analysis

LINK faces grim downturn which could lead the price to $6.85 price level as we are about to read more in the chainlink coin news. Chainlink’s price action was quite bearish lately when the cryptocurrency was unable to hold above the $10.00 despite its technical strength that resulted from its recent rebound at $7.00 region. it now seems that the v-shaped recovery that was posted from these lows was not good enough o alter the near-term outlook as it seems to be at risk of seeing further downsides. The weakness came about as a result of the turbulence in the…

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New Inflow In DeFi Could Spark LINK’s Bullish Momentum

This new inflow of decentralized finance capital can propel Chainlink’s bullish momentum continuum. The whole value that is in DeFi applications has managed to go beyond $11 billion and is still going up, so let’s read more in our latest chainlink crypto news. This is why this crypto that is extremely crucial to DeFi data can grow even more together with this fast-growing statistic. The DeFi movement that influenced the bringing back of the crypto market from its bearish momentum is in the attention of the financial world. The newfound ways in which you can access financial applications circumventing central…

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New in Chainlink: More DeFi Price Feeds, Gitcoin Support, Novel Integrations, & More

Follow decentralized oracle project Chainlink even casually? Then you know its builders and community move fast and stay busy, so keeping up with all the happenings around the Chainlink ecosystem is no small feat. No worries, though: in today’s post we’ll catch you right up by breaking down Chainlink’s biggest highlights from the past two weeks. First up, let’s talk the project’s bread and butter, i.e. price feeds. New Price Feeds Chainlink’s oracles help smarten up on-chain smart contracts by serving as reliable bridges by which they can access off-chain data. The most dominant of Chainlink’s “bridges” today are its…

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LINK Downtrend Could Bring New Lows Despite Record Rebound

The LINK downtrend could bring more lows for the cryptocurrency despite the recent record-breaking rebound that closed an intraday rally with more than 30%  gains on the day. The recovery led the price higher but has since turned around at the top of the downtrend channel which was holding so far as we are reading today in our chainlink news. The LINK downtrend could lead the cryptocurrency lower according to the latest factors visible on the charts. Last week, after hitting new lows, Chainlink rebounded from less than $8 back up to over $11 at the local high. The 30%…

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Chainlink Pushed To The $12.00 Level, Will The Bulls Break It?

Chainlink pushed to the $12.00 level after being one of the most volatile altcoins over the past few days and weeks with the buyers and sellers trying to control the near-term. In our chainlink crypto news today, we are reading more about the price analysis. The push to the new level resulted in the cryptocurrency seeing some large price movements with a bout of the capitulation leading the price to the lows of $7.50 earlier this week before the bulls stepped up and sent the coin to $11.20. The intensity of the rebound did well for the bulls because it…

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Theta Labs Video Platform To Collaborate With Chainlink: Report

The Theta Labs video platform that is also decentralized, will collaborate with the smart contract Chainlink to fight the $19 billion global issue of online video and fraud according to the latest press release in our latest chainlink news. According to the website, Theta Labs video platform is a decentralized delivery network that has its own blockchain that is specifically designed for incentivizing the sharing of the bandwidth. The company noted that today’s content delivery networks have no reach which causes the videos to re-buffer and has high load times in countries across the world. Skyrocketing data needs means that…

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LINK Analysts Predict There’s More To Come After 15% Surge

LINK analysts predict there’s more to come after the recent 15% surge and embarked a strong recovery in the past day after plunging over 50% as we reported in the latest Chainlink crypto news. The coin is now trading up by 15% in the past 24 hours meaning that it’s on the verge of reclaiming the $10 support level. LINK’s recovery came after bitcoin underwent a strong bounce after dipping under the $10,200 price level on Wednesday. BTC now trades at $10,700 at the time when the article was written which is just about 5% above these lows levels. Chart…

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Do Or Die Technical Level For Chainlink Formed After 50% Drop

Do or die technical level was formed for chainlink recently after the 50% drop over the past few weeks and is now trading around $8.50 far below the highest level of $20 as we are reading further in the latest Chain link news. The cryptocurrency’s correction came after the major altcoin underwent a strong plunge after Ethereum dropped through key supports. Chainlink could become quite vulnerable to a bigger drop as the crypto approaches do or die technical level. One trader noted that if LINK manages to bounce off, it will find support soon enough. This bearish assertion came after…

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LINK Forms Pivotal Bullish Reversal Sign After Recent Drop

LINK forms pivotal bullish reversal sign after it dropped by 50% and undergone a strong rejection over the past few days as we reported in the chainlink crypto news. The coin traded down by 13% over the past day dropping below the $9 sign for the first time in weeks. Since the all-time highs set of a few weeks ago, LINK got down by over 50% which is worse than the performances of other altcoins. Chainlink forms pivotal bullish sign and it could bounce soon as these have been formed. It’s important to note that while the cryptocurrency could have…

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Historically Correct Analyst Says LINK Will Move Above $20

A historically correct analyst believes that Chainlink’s LINK will go over the $20 price point despite the strong correction over the past weeks. The coin is now trading at $10 which is around 50% below the all-time high set at the $20 as we reported in the chainlink crypto news. Despite the strong drop, analysts remain optimistic about the LINK price prospects. The historically correct analyst who predicted that bitcoin will start a V-shaped reversal to the $10,000 range, now believes that LINK has an optimistic future ahead. He commented:  “Stinkbids on $LINK at $8-9 and accumulating some now around…

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Chainlink’s Bottom Seems Close As Altcoin Crashed 30% In 2 Weeks

Chainlink’s bottom seems close enough as the altcoin crashed by 30% in the past two weeks as we can see in the charts in our latest chain link news. Against bitcoin, LINK dropped through the crucial 0.001 BTC support and is now trading around 0.00097 BTC. Chainlink was dire during the trading session in September and it was also struggling since mid-August when it dropped from $20 with the bulls nowhere near to curb the drop. The asset dropped again from the previous level of $16 to hit a new low of $9.00. The buyers managed to regroup and to…

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Chainlink Seems Weak, Flashes Signs Of Bearishness: Analyst Opinion

Chainlink seems weak and heavy with signs of bearishness after witnessing strong selling pressure over the past few days. LINK was unable to mirror the gains that were set by Bitcoin so let’s see what the price analysis looks like for this asset in our Chainlink crypto news. The losses struck a huge blow to the technical outlooks and they could even open the gates for more downside pressures in the upcoming weeks and months. Looking at the technical outlook probabilities, one analyst said that Chainlink seems weak and awaits for the coin to see further downsides unless the bulls…

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Crypto.com Adds Chainlink Price Feeds To DeFi Wallet As New Gateway

Crypto.com adds Chainlink price feeds to its Defi wallet as a new gateway option as it begins expansion into the booming DeFi space as the company chief operating officer Eriz Anziani said:  “I would say with the partnership with Chainlink is kind of our first integration with a DeFi protocol, it brings value to our customers in terms of providing transparency in the prices that we’re giving them in our DeFi wallet and also making sure our ecosystem token CRO can be integrated into the external protocol by building a price feed for CRO specifically thanks to the Chainlink architecture.”…

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