Decentralized Exchange GMX Votes to Use Chainlink Low-latency Oracles
Chainlink's low-latency oracles will integrate with the decentralized exchange GMX, following a successful governance proposal that sought to provide more real-time market data to GMX v2. The new oracles will improve upon the functionality of perpetual DEXs and price-sensitive trading on GMX, as well as strengthen security and improve user experience. The oracles utilize the same oracle node operators and data aggregation mechanisms used in existing Chainlink reference feeds, but extract data at a higher frequency. In return for the service, Chainlink will receive 1.2% of protocol fees generated by the low-latency oracles from the GMX protocol. GMX currently has a combined total value locked of $669 million on the Avalanche and Arbitrum networks. (Cointelegraph)
Biggest Movers: LTC, LINK Rebound on Monday, Despite Crypto Market Red Wave
Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session.
Biggest Movers: LINK Jumps to 6-Month High, LTC Back Above $100
Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in the process.
Chainlink: Can Bears Spark Another Rally After This Significant Milestone
Despite experiencing price fluctuations over the past few weeks, Chainlink (LINK) has seen a 20% uptick in the last 30 days. However, the weighted sentiment around LINK, as measured by Santiment, was negative at -0.781 at the time of writing, indicating the average aura around the token was not necessarily bullish. Nonetheless, technical indicators suggest that LINK may attempt to maintain an upward trend, with the On-Balance-Volume (OBV) standing at 233.86 million and the Chaikin Money Flow (CMF) crossing above zero. On-chain data also suggests that LINK is currently priced at a discount based on the Network Value to Volume (NVT) signal, which historically has acted as an opportunity to accumulate and buy. (ambcrypto)
Biggest Movers: Cardano Moves to 6-Week High, Climbing by Over 6% on Friday
Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a key resistance level.
Chainlink Price Beneath Crucial Resistance, What To Expect Next?
Chainlink (LINK) has seen significant gains in the last few days, with a 4% increase in the past 24 hours. This rise has helped LINK recover from its weekly losses. Currently, the altcoin is sitting on a crucial support level below a significant price barrier.
GoArt Metaverse and Chainlink VRF Work Together for Transparency
GoArt Metaverse has integrated with Chainlink VRF on Polygon mainnet to provide users with a secure and fair distribution of NFTs. The partnership will provide a secure and auditable source of randomness for the fair distribution of NFTs for GoArt users, and ensure fairness and transparency in drops. GoArt is an AR-based metaverse developer that bridges the real world and the virtual universe, while Chainlink Verifiable Random Function (VRF) is a random number generator for blockchain applications. The platform aims to make community-based platforms and help brands understand the Web3 space as a whole ecosystem.
Biggest Movers: XMR Nears 6-Week High, as LINK Falls Near a Resistance Level
Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so far failed to break out of a key resistance point.
Chainlink Receives Fresh Attention From Whales, but Here’s a Problem
Chainlink [LINK] has been witnessing a constant decline in its number of holders lately. Dune’s data revealed that the daily number of wallets with 1+ LINK has been on a declining trend for months.
Steadefi Links Up With the Chainlink BUILD Program
Steadefi takes the opportunity of coming out with its official announcement of linking up with the Chainlink BUILD program. Through this, they will be in the position of being able to better connect with the absolute new-age Chainlink Web3 services.
Chainlink [LINK] Initiates New Bull Cycle
At press time, Chainlink [LINK] appeared poised for a rally in the coming days, as an assessment of price movements on the daily chart revealed an increase in buying momentum.
SOL Over 8% Higher to Start the Week
Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second straight session, as the global banking crisis pushed investors towards cryptocurrencies. Chainlink was also higher, hitting a three-week high.
Voyager Selling ETH, SHIB, LINK, VGX After Binance.US Wins Court Approval
Beleaguered crypto lender Voyager Digital is selling crypto assets including Ethereum, Shiba Inu, Chainlink, and Voyager Token. The move comes after the court approves the sale of Voyager assets to Binance.US, a subsidiary 0f Binance.
Chainlink Whales Move Nearly $80 Million Worth of $LINK Amid Integration Into Coinbase-Backed Base
Chainlink ($LINK) whales have moved tens of millions of dollars worh of the cryptocurrency amid a cryptocurrency market downturn and as the project was integrated into Coinbase’s layer-2 solution Base, in what was the largest on-chain transaction spike for the decentralized oracle project in in the last 90 days.
Coinbase-Backed Ethereum L2 ‘Base’ Integrates Chainlink Price Feeds on Its Testnet
Chainlink has announced exciting news for its followers: the launch of Chainlink Price Feeds on Base testnet, a new Ethereum L2 incubated by Coinbase.
Chainlink Integrated Cool Cats NFT Floor Price Feed on Ethereum
With this integration, traders can access accurate pricing information and real-time monitoring of the value of Cool Cats NFTs.
Chainlink Price Feeds Go Live on Base, Coinbase’s Layer 2 Testnet
Blockchain data provider Chainlink’s price feeds have become available on the Base testnet, the Ethereum layer 2 blockchain incubated by crypto exchange Coinbase, allowing developers to access external data so that the smart contracts that underpin decentralized finance (DeFi) can execute based upon the information retrieved.
Chainlink Introduces Web3 Serverless Developer Platform to Connect Web2 APIs to Web3
Leading cloud and Web2 platforms, such as AWS, Google Cloud, and Meta, have collaborated on sample use cases to showcase the platform's abilities.
Crypto Morning Briefing: Kraken Pulling Back From Using Signature Bank
Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints; The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator; Robinhood, Polygon, 0x Labs Simplifies Crypto Trading, ZRX Zooms 20%; Chainlink Targets Web 2.0 Developers With New Platform Launch
Chainlink Targets Web 2.0 Developers With New Platform Launch
Ethereum based blockchain network Chainlink is all set to launch a new platform for developers to build linkage between web 2.0 APIs and web 3.0 applications. Importantly, the new platform will allow making customizable computations on web 2.0 APIs very quickly. It is expected that this addition will go a long way in the adoption of Chainlink, which is focused heavily on the smart contracts space. Very recently, the blockchain’s core team also revealed plans to pivot to the artificial intelligence way, to tap the AI related use cases.
