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  • Chainlink price: LINK eyes new leg up amid ICE collaboration

    Chainlink price: LINK eyes new leg up amid ICE collaboration

    Chainlink Price ICE Partnership

    • Chainlink price traded around $21.47 on Aug. 11, 2% down from highs of $22.55 in 24 hours. 
    • Ethereum led top altcoins like Bitcoin Cash and BNB higher as it crossed above $4,300.
    • Chainlink’s partnership with  Intercontinental Exchange could be a key catalyst.

    Chainlink (LINK) price has retreated 2% in the past 24 hours to trade around $21.47, slightly off its multi-week highs of $22.55.

    This bucks the uptick for Bitcoin and top altcoins such as Ethereum, Bitcoin Cash and BNB. LayerZero also rose.

    However, as the market digests the potential impact of its latest partnership with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), could Chainlink price embark on a new leg up to target the all-time high above $52?

    Chainlink joins forces with NYSE parent ICE

    The Chainlink ecosystem witnessed a major unveiling recently when the oracle networks platform launch Chainlink Data Streams for US stocks and ETFs. Traction for the solution has netted a major partnership as Chainlink collaborates with ICE.

    According to a press release, the integration brings high-quality forex and precious metals rates from ICE’s consolidated feed to Chainlink’s Data Streams.

    In short, ICE’s Consolidated Feed, which aggregates data from more than 300 global exchanges and marketplaces, has added FX and precious metals rates to the Chainlink Data Streams.

    The move allows for the use of the solution to power over 2,000 applications, banks, asset managers, and infrastructure providers across the Chainlink ecosystem.

    Benefits include growth in network activity – particularly in tokenized assets and products.

    Leveraging ICE’s institutional-grade infrastructure means Chainlink adds to its traction in bridging traditional markets and the DeFi ecosystem.

    “Using ICE’s Consolidated Feed data as an input into Chainlink’s derived FX and precious metals rates onchain via Chainlink’s institutional-grade infrastructure is a watershed moment in the evolution of global markets,” said Fernando Vazquez, president, capital markets at Chainlink Labs. “This collaboration signals a pivotal shift towards a unified, globally accessible onchain financial system, with hundreds of trillions in assets on a clear path to tokenization.”

    LINK price outlook: Is Chainlink poised to mirror ETH?

    Ethereum (ETH), which continues to experience significant price gains amid key institutional demand and treasury interest, trades near $4,300.

    The ETH price gain has helped other altcoins higher, hitting highs of $4,363 as Bitcoin Cash, Uniswap, Monero, and BNB rose.

    LINK showed similar movement as it rose sharply from lows of $15.60 this past week.

    Bulls are signalling resilience with the price above $21, with technical outlook suggesting they could see a new leg up.

    The ICE partnership among other integrations, point to real traction and a break to $30 could see Chainlink price target $50 and the altcoin’s all-time high above $52.

    If LINK mirrors ETH’s trajectory, it might see a steady climb supported by growing tokenized real-world asset (RWA) markets. On the downside, LINK’s main support areas would be around $20 and $16.

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  • Whales Accumulate $50 Million in $LINK as Price Climbs Higher; $GFOX Presale 98% Sold Out

    Whales Accumulate $50 Million in $LINK as Price Climbs Higher; $GFOX Presale 98% Sold Out

    $LINK’s bullish trend continues, and large-scale investors are responding accordingly. News/events related to the cryptocurrency suggest the sentiment is bullish, and market participants are optimistic about its outlook. $LINK is up by about 40% in the last 30 days, making it another profitable crypto coin like the fast-growing $GFOX. 

    Galaxy Fox ($GFOX) is nearing its retail launch, and market participants expect a major price boost at this stage. This makes now a profitable time to purchase the presale token. However, investors eyeing this profit must act fast, as $GFOX is 98% sold out. 

    Missed the Early $GFOX Train? You Can Still Get In 

    All hope isn’t lost if you miss the first six $GFOX presale stages. The other stages are still profitable entry points, but early participants gain the most. Regardless, Galaxy Fox presale is an excellent opportunity to buy the next token to blow up for cheap, for a potentially high ROI. 

    The presale is rounding up the seventh stage, with over 98% sold out. While there are three other stages left, missing this stage means you’ll buy at a higher price in the next stage. 

    Meme ICOs have been a safer commitment option over the years, provided you find the right project. Galaxy Fox has all the features of the right projects, as it boasts high profitability and safety. The crypto project passed necessary security tests, and unlike most meme projects, it has tangible utility. 

    Galaxy Fox has a stake in the GameFi sector with its P2E runner game. This implies that the GameFi sector’s growth can drive positive price action for $GFOX. This is in addition to its meme utility. The Galaxy Fox ecosystem provides passive earning opportunities for members via P2E gaming, token staking, and holding digital item collections. 

    $GFOX functionality in every top sector, particularly the web3 space, makes it susceptible to high adoption. It will increase its prominence and position it as a leading crypto coin. This is why getting a stake in its presale is essential to avoid missing out on potential huge returns. $GFOX is billed to blow up when it gets on top exchanges. Be sure to get in before then. The more the delay, the lesser the potential return. 

    Buy Galaxy Fox Presale

    Whales Stack $LINK Following Impressive 30-Day Return 

    LookonChain analysis reveals that crypto whales have stacked up about $50 million worth of Chainlink ($LINK) in the past few days. The source revealed that a large-scale investor or institution withdrew about $49.9M worth of $LINK from Binance, using 49 new wallets. This came after $LINK set a 22-month high of $19.68. While the wallet’s owner remains unverified, LookChain reveals the wallets hold around $230,000 – $3.5 million worth of LINK each. 

    Pundits believe the increasing tokenization of real-world assets is one of the major driving forces behind LINK’s bullish rally. Major platform upgrades and integration of new features like Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol also played little role in $LINK’s price improvement. The altcoin is looking good by all accounts. It recently crossed the $11 billion market capitalization value. 

    While it could not maintain the valuation, it’s still much nearer, at $10.9+ billion. This reflects $LINK’s price improvement in the last month. 

    Per Coingecko data, $LINK is up by 0.48% to $18.53, after a decline to $18.43 from $19.24 in 24 hours. The outlook looks great for the cryptocurrency, and it’s expected to set a new all-time high before the year ends. 

    As the bullish momentum continues, analysts expect the altcoin to push towards $30 in the coming weeks. $LINK could finish the year with a peak price of $70, making it one of the top crypto coins to watch out for. 

    Conclusion 

    Crypto whales are piling into $LINK’s bullish trend, and smart investors are taking advantage of the opportunity in the pre-bull market run-up. The cryptocurrency is performing extremely well, with about  40% increase in the last month. 

    $LINK hopes to break into the $20+ price zone soon, and a more impressive surge could follow. Galaxy Fox is another altcoin showing exceptional strength. The meme coin has sold 98% of its presale, as enthusiasts anticipate its predicted profit-yielding retail phase rally. Potential investors could make up to 100x profits if they join the presale now. 

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

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  • LINK pumps as market dumps; GFOX presale smashes $3 million mark

    LINK pumps as market dumps; GFOX presale smashes $3 million mark

    Market drawdowns are part and parcel of the bull market, and investors want to use these opportunities to spot frontrunners. Demand is waiting for dips if markets are dumping and tokens are performing well. These become the fastest movers in bullish conditions.

    Bidding strong altcoins today unlocks better gains tomorrow. Then what crypto can you buy today? Realistically, investors are spoilt for choice with dozens of solid altcoins, but Chainlink (LINK) and Galaxy Fox ($GFOX) are especially notable. LINK pumps as market dumps, and the GFOX presale smashes the $3 million mark.

    Chainlink (LINK) pumping as market dumps 

    Chainlink is a blockchain abstraction layer that powers nearly all of DeFi with its Oracle services. This network feeds external data into smart contracts, and LINK is the top crypto to buy for investors interested in pick-and-shovel plays. While the market dumps, Chainlink has been pumping, and investors want exposure to the interoperability middleware layer.

    Fink is on CNBC every other day talking about asset tokenization. Chainlink’s Cross Chain Interoperability Protocol (CCIP) creates a network of smart contracts that allow digital assets to move unobstructed between chains. CCIP will unlock the ability to move between permissioned (bank blockchains) and public blockchains.

    Acting as the bridge between DeFi and TradFi is a great value proposition, and $LINK’s performance in the current conditions indicates a massive run loading later this year.

    Galaxy Fox (GFOX) shoots past $3 million

    Galaxy Fox has not received the memo of the market dump, and this presale continues to shatter milestones. Most recently, crossing $3 million raised, this ICO shows no sign of slowing, and its current trajectory signals a massive price discovery phase at launch later this year.

    Introducing a new hybrid model to the space Galaxy Fox blends the best of two genres. Its tokenomics and branding are straight from the meme coin genre with a token burn and taxation system. The burn permanently removes tokens from circulation, making GFOX deflationary, and taxation funds several mechanics, including ecosystem growth via the Treasury and staking payouts.

    Deflationary assets are forecast to perform excellently in 2024 as rising demand meets falling supply, and this characteristic makes $GFOX a perfect answer to what crypto to buy today. Passive income plays a big part in this galactic ecosystem, with all GFOX holders able to earn staking rewards. The unique taxation system has created a superb asset: holders earn a yield on an asset with a declining supply.

    Galaxy Fox’s Web3 runner game leverages the classic P2E mechanic, adding a dash of entertainment and another earning avenue for holders. Presales have historically performed excellently in bull markets, and GFOX is easily counted among the top cryptos to buy right now.

    Closing thoughts

    Markets get overheated and overextended, then need to cool off. Tokens that continue moving are the pockets of opportunity, and this is where investors should focus their attention. What crypto to buy today? Anything outperforming relative to the market.

    Galaxy Fox’s stellar performance makes it an obvious buy now. GFOX still has a tiny market cap, and its location in the memecoin and GameFi narratives gives this hybrid easy 100X potential. Multi-billion dollar valuations were common for P2E projects in the last cycle. Add in GFOX’s deflationary nature, and participating in the Galaxy Fox presale today is a no-brainer.

    To learn more about GFOX, visit Galaxy Fox Presale or Join the Community.

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  • BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More

    BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More

    • BitPay expands crypto support, adding UNI, BNB, LINK, CRO, VERSE, BAT to its roster.
    • CEO Stephen Pair underscores commitment to user-friendly crypto payments.
    • Users to enjoy versatile options, from luxury purchases to practical expenses.

    BitPay, initially established as a Bitcoin-focused payment startup, has broadened its horizon beyond Bitcoin (BTC) by adding support for “dozens” of additional cryptocurrencies. Notable tokens like Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE, and Basic Attention Token (BAT) are now included in the platform’s extensive list of supported digital assets.

    CEO Stephen Pair emphasized the company’s dedication to simplifying crypto payments, aiming to make them accessible to a broader audience. This strategic move aligns with the evolving demands of the digital currency market, showcasing BitPay’s commitment to user diversity and the need for greater accessibility in the crypto landscape.

    This expansion caters to a growing trend within the web3 space, where companies are increasingly embracing a range of digital tokens beyond Bitcoin. Recognizing the importance of user choice and accessibility, BitPay is positioning itself as a leader in the evolving digital economy.

    Versatile crypto payment solutions

    BitPay’s commitment to inclusivity extends beyond mere token support. Users can now leverage their cryptocurrencies for a variety of purposes, from purchasing goods at renowned merchants like Gucci and Ralph Lauren to practical expenses such as car and mortgage payments. The company’s portfolio continues to expand with added support for tokens like Cronos and Basic Attention Token, further enhancing the utility of digital assets in everyday transactions.

    BitPay’s strategic expansion into supporting a wide range of cryptocurrencies signifies a pivotal milestone. The move caters to the diverse preferences of crypto users, positioning BitPay as a pioneering player ready to shape the future of digital transactions.

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  • BTC to $30K? Glassnode Founders Think So; XRP, LINK, and QUBE Poised for Monumental Rise

    BTC to $30K? Glassnode Founders Think So; XRP, LINK, and QUBE Poised for Monumental Rise

    The crypto market is stirring with excitement after Glassnode founders made a bold prediction regarding Bitcoin’s future price trajectory. According to the founders of this top analytics firm, Bitcoin could soon potentially reach $30,000, which has sparked discussions and heightened enthusiasm. Additionally, other top altcoins making waves in the crypto landscape are Ripple ($XRP), Chainlink ($LINK), and InQubeta ($QUBE), which are poised for a monumental rise.

    This article will delve into the bullish price prediction of Bitcoin. Further, it will explore the promising trajectory of $XRP, $LINK, and $QUBE, including why they are the best cryptos to invest in.

    InQubeta ($QUBE): Predicted Strong Surge in 2023

    InQubeta and its native utility token, $QUBE, have generated significant interest in the crypto community. With its innovative ecosystem and novel concept, it aims to transform the most disruptive invention of this century: artificial intelligence (AI). By leveraging blockchain technology, it will become the first crowdfunding platform for AI startups via crypto and will democratize access to the AI market. This revolutionary move has seen it raise over $3.1 million in presales, making it poised for a monumental rise after its launch.

    Within its mutually beneficial ecosystem and NFT marketplace, AI startups can raise funds by minting investment opportunities, which will be tokenized as NFTs. On the other hand, by fractionalizing these NFTs backed by real-world AI investment, investors will be able to hold stakes in promising AI ventures regardless of their income. Other appeals of the token, which will contribute to its rally, include its governance function and staking mechanism. Token holders will be able to stake their tokens in exchange for rewards while also exercising voting rights.

    The ongoing $QUBE presale is currently at stage 4, priced at just $0.0133 per token. It has been tipped as a good investment thanks to its innovation and significant growth potential. According to forecasts, it will soar by 30x in the coming months.

    Bitcoin ($BTC): Bullish Glassnode Forecast

    Bitcoin is at the heart of the recent frenzy in the crypto market after the Glassnode founders’ bold forecast. This leading on-chain market intelligence’s prediction of Bitcoin reaching $30,000 has captured the attention of investors.

    As an authority in the crypto scene, this prediction is likely backed by on-chain metrics and historical patterns. The crypto community will be a spectator to how this prediction unfolds in the coming weeks. Nevertheless, Bitcoin is still the best crypto to invest in.

    XRP ($XRP): Transforming the Financial System

    $XRP is the utility token of Ripple, a payment protocol. Its traction in the crypto market has seen it become one of the top 5 cryptocurrencies by market capitalization. The waning influence of the SEC on its price and the growing adoption by payment services and financial institutions make $XRP poised for a significant surge.

    Hence, $XRP is one of the tokens to look to for immense growth in the coming months. This is thanks to its solid fundamentals and increasing adoption.

    Chainlink ($LINK): Enabling Interaction with Real-World Data

    Chainlink ($LINK) is a blockchain abstraction layer. It enables universally connected smart contracts via an Oracle network. Through a decentralized Oracle network, Chainlink allows blockchains to securely interact with external data or off-chain information. Chainlink plays a critical role in enabling smart contracts to interact with real-world data.

    Its growing adoption positions it for substantial growth. Moreover, Chainlink has exhibited resilience amid the turbulent broader market and has also shown strong bullish indicators. Consequently, it is one of the top crypto coins to hold for immense growth.

    Conclusion

    With Bitcoin stirring excitement within the crypto scene amid its $30,000 bullish forecast, altcoins sharing the spotlight are $XRP, Chainlink, and InQubeta. With these tokens poised for a substantial surge in the future, they represent investment opportunities not to be missed. To participate in the novel $QUBE presale that sits at the intersection of innovation and growth, Visit InQubeta Presale or Join The InQubeta Communities.

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  • Celsius moves $59M MATIC, LINK, other altcoins to exchange

    Celsius moves $59M MATIC, LINK, other altcoins to exchange

    • Celsius has moved over $59 million of altcoins to FalconX ahead of possible liquidation.
    • The crypto lender plans to convert the tokens to BTC or ETH.
    • Celsius’s largest altcoin holding is its native CEL token, currently worth over $106 million.

    Celsius Network moved millions of dollars’ worth of altcoins on Monday, among them Polygon (MATIC), Chainlink (LINK) and Aave (AAVE).

    As CoinJournal reported in June, the US bankruptcy court recently allowed Celsius to proceed with plans to liquidate multiple coins and tokens beginning July 1, 2023. 

    The crypto lender had indicated it would be converting these into Bitcoin (BTC) and Ether (ETH) as part of the preparation towards reimbursing customers impacted by the crypto company’s bankruptcy filing in July 2022.

    Celsius moves Polygon, Chainlink and Aave tokens to FalconX

    According to on-data from crypto security platform Arkham Intelligence, Celsius deposited $59.4 million worth of various tokens to institutional crypto trading platform FalconX. Per Arkham data, Celsius transferred $13.6 million worth of MATIC, $10.7 million in LINK, and $7.3 million in AAVE to an address controlled by FalconX.

    The Data Nerd shared details of the transfers:

    The transactions followed earlier transfers involving $8.5 million worth of LINK, $7.8 million of SNX (a Synthetix native token) and $3 million in BNB token. Other tokens sent to the FalconX wallet address include 0x Protocol (ZRX), 1inch (1INCH) FTX Token (FTT) and Tether Gold (XAUT).

    Blockchain sleuth Lookonchain also highlighted that FalconX had started depositing the received tokens onto Binance – suggesting the sale was on.

    After these transfers, Dune Analytics data shows the Celsius portfolio still holds over $106 million worth of its native token CEL, $47 million in other altcoins (including $16.5 million in MATIC and $12.7 million in AAVE) and over $29 million in stablecoins ($24 million in USDC and $2 million in USDT).

    While Celsius moves ahead with plans to convert the altcoins into BTC or ETH, blockchain firm Kaiko recently noted that the Celsius team might find it difficult to liquidate a number of tokens due to their illiquidity. One of these is CEL, which has next to zero liquidity.

    Elsewhere, analysts at Kaiko say the potential sell-off pressure from the liquidations could impact downward pressure on some of the tokens.

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