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Tag Archives: Chainlink

Avalanche (AVAX) Price Shoots by Staggering 25% amid JPMorgan and Citi Embrace

As part of the partnership, the LayerZero Labs to connect Onyx with a permissioned Avalanche Evergreen Subnet, enabling seamless subscriptions and redemptions for funds offered by WisdomTree Prime. As the altcoin market buzzes with strong activity, Avalanche’s native cryptocurrency AVAX has registered a staggering 25% gain in the last 24 hours, with its price surpassing $22.57. The latest AVAX price rally comes on the backdrop of strong developments within the Avalanche ecosystem. In a...

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Which Cryptocurrencies Will Explode Next as Institutions Eventually Shift From Bitcoin and Ethereum?

TL;DR Lark Davis predicts institutional investors will expand into cryptocurrencies like Chainlink and Solana, beyond Bitcoin and Ethereum. He views the current phase as a pivotal chance for substantial wealth creation in the crypto market. Chainlink and Solana have shown significant institutional interest and price increases recently. Popular crypto influencer and entrepreneur Lark Davis (TheCryptoLark on X) is the latest to chime in, as he believes Bitcoin and Ethereum are...

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Chainlink Announces v0.2 LINK Staking

By deploying the LINK staking v0.2, Chainlink shows its commitment to blockchain initiatives that drive user engagement. Chainlink has announced a new version of its LINK token staking, whose pool it claims is made up of 45 million LINK tokens. As of publication, the pool is worth approximately $650 million. According to the X announcement, Chainlink intends to roll out 40.875 million LINK tokens to its community while its node operators take up the remaining tokens in the pool....

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Chainlink’s Institutional Demand Soars amid Massive LINK Price Rally

The Grayscale Chainlink Trust (GLNK) has been trading at 200% premium to the spot price amid the recent LINK price rally. Oracle service provider Chainlink has been in the limelight once again as the LINK price surged to $15 in a phenomenal 98% price surge just over the last 20 days. The recent LINK price rally comes as the institutional demand for the altcoin also skyrockets. The Grayscale Chainlink Trust (GLNK) has witnessed an astounding 200% premium compared to the prevailing LINK...

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Bitcoin Mining Stocks Skyrocket as BTC Price Hovers Around $35K

The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day. Bitcoin (BTC) mining stocks enjoyed significant gains on Thursday as the price of the coin hovers around $35,000, its highest level in over 17 months. Bitcoin Mining Stocks’ Strong Performance According to reports, US-listed mining companies such as Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT), and CleanSpark Inc (NASDAQ: CLSK)...

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Chainlink (LINK) Shines with Remarkable 50% Surge smid Crypto Rally

With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend. Chainlink (LINK), a decentralized blockchain oracles service provider has emerged as a standout performer, witnessing an astounding 50% increase in its price as the crypto market witnessed a significant uptick in valuation. Understanding the Chainlink Surge The recent surge in Chainlink’s price can be...

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FTX Diverted Customer Funds to Buyback Stake from Rival Company Binance

It was disclosed that FTX customers’ money was spent on business investments, political and charity donations, and real estate. Beleaguered cryptocurrency exchange FTX spent customer’s deposits for business investments, political contributions, charitable donations, real estate, and the buyback of shares from competitor exchange Binance. During a hearing on Wednesday at the ongoing Sam Bankman-Fried (SBF) trial, professor Peter Easton, an accounting officer hired by the US Department of...

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MoneyGram Announces Non-Custodial Wallet to Facilitate Cross-Border Transactions

The new MoneyGram non-custodial wallet will provide a more flexible way for users to handle funds and make transactions cheaper. International peer-to-peer payments and money transfer giant MoneyGram International has announced its intention to launch a non-custodial wallet to bridge crypto and fiat. According to MoneyGram, users will be able to exchange funds between fiat currency and the USDC stablecoin. The MoneyGram wallet confirms the payment company’s interest in crypto. According to...

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ANZ Takes Lead in Australia’s Banking Sector with A$DC Stablecoin

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) might provide a lasting solution to the challenge posed by blockchain fragmentation. In a recent development, the Australia and New Zealand Banking Group (ANZ), one of Australia’s major banks, is taking significant steps toward the launch of its bank-issued stablecoin A$DC. This move follows a successful test transaction conducted using Chainlink’s Cross-Chain Interoperability Protocol, and it aims to facilitate the simulation of...

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Swift Announces Successful Tokenization Experiment Using Chainlink’s CCIP

Global financial messaging network – Swift – announced successfully facilitating a variety of blockchain interoperability tests with multiple financial institutions like Citi, SIX Digital Exchange (SDX), BNP Paribas, and BNY Mellon. For this purpose, Swift tapped the Web3 services platform Chainlink’s Cross-Chain Interoperability Protocol (CCIP) The company said the experiments are part of its wider strategy to ensure secure, global interoperability as new technologies and...

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