CHAINLINK price, news and Forecast (LINK US DOLLAR)



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Litecoin Price Prediction: LTC tries to retake $100 resistance as miners halt sell-off

Litecoin Price Prediction: LTC tries to retake $100 resistance as miners halt sell-off

Litecoin price grazed 105 mark on Monday, rebounding 22% from the one-month low of $87 recorded during last week’s market crash. On-chain data shows sell pressure among LTC miners has subsided. Is the bottom in?  

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Bitcoin fails to recover as Metaplanet buys the dip

Bitcoin fails to recover as Metaplanet buys the dip

Bitcoin price struggles around $95,000 after erasing gains from Friday’s relief rally over the weekend. Bitcoin’s weekly price chart posts the first major decline since President-elect Donald Trump’s win in November.

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SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration

SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration

In a Friday interview with Coinage, SEC Commissioner Hester Peirce discussed her optimism about upcoming regulatory changes as the agency transitions to new leadership under President Trump’s pick for new Chair, Paul Atkins.

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Bitcoin dives 3% from its recent all-time high, is this the cycle top?

Bitcoin dives 3% from its recent all-time high, is this the cycle top?

Bitcoin investors panicked after the Fed's hawkish rate cut decision, hitting the market with high selling pressure. Bitcoin's four-year market cycle pattern indicates that the recent correction could be temporary.

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Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.

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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.