Tag: Chainlink

Price Analysis The United States Federal Reserve believes that stablecoins “could complement existing payment systems and improve consumer welfare” but the operators behind the digital assets will require constant oversight and regulation. The Fed warned that if a stablecoin payment network achiev..

Oracle is one of the biggest software companies in the world. As such, the firm’s startup division made waves in the cryptoverse back in June when it unveiled an initiative to help select startups monetize their APIs using Chainlink’s decentralized oracle technology. Now we know the first companies..

Price Analysis Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible during the week. A few events soured sentiment early in the week, which dragged the total market capitalization of the cr..

Media conglomerate Thomson Reuters, one of Canada’s leading brands, is eyeing an opportunity to bring the possibilities of Ethereum smart contracts into the mainstream. The effort comes as part of a partnership with OpenLaw, the ConsenSys-backed builders of an open source and peer-to-peer protocol ..

Price Analysis The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against..

While a majority of altcoins have been faring well over the past week, there has been one crypto asset that has exceeded the expectations of many: Chainlink (LINK). Over the past 10 days, the community-favorite cryptocurrency has gained 50% against the U.S. dollar, surging to $3.10 apiece at the lo..

Market Analysis Chainlink (LINK) has been on fire, blazing its own trail independent from the rest of the market. The digital asset appears to be in the beginning stages of a strong uptrend on the charts, backed by a devoted community and several significant news headlines this year. Chainlink’s ..

Launched by the San Francisco fintech company SmartContract in June 2017, Chainlink is described by its developers as a secure blockchain middleware that intends to connect smart contracts across blockchains by allowing smart contracts to access key off-chain resources such as data feeds, web APIs, ..

Market Analysis Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, it has largely performed negatively when the S&P 500 has dropped. It will be inte..

Market Analysis Chinese fintech stocks have surged this year on hopes that the launch of a digital currency by the People’s Bank of China will increase demand for security and payment services. Morgan Creek Digital co-founder Anthony Pompliano said that if the digital yuan becomes a reality, it mi..