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LINKUSD

Chainlink / US Dollar

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Digital Currency

Chainlink is a cryptocurrency aiming to incentivize a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains. If you're unfamiliar, smart contracts are agreements programmed to execute if and when certain conditions are met.

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Chainlink (CRYPTO: LINK) has seen a 3.51% increase in price over the last 24 hours, reaching $15.31, and a 10% gain over the past week from $13.94. Despite a 32% drop in trading volume and a slight decrease in circulating supply to 587.10 million, LINK's market cap is now $9.00 billion, ranking it #18. The volatility and price movement are illustrated with Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 3:02 pm

Investor interest in Bitcoin and other digital asset ETFs and ETPs has declined for the second consecutive week, with outflows totaling $206 million. U.S. ETFs experienced significant outflows of $244 million, while Canada and Switzerland saw inflows. Ethereum and multi-asset products showed divergent trends, with Ethereum facing outflows and multi-asset products seeing inflows. Grayscale ETF, Fidelity ETF, and BlackRock ETF experienced mixed flows. The market's sentiment appears cautious ahead of the Bitcoin halving and in light of potential high interest rates.

Portfolio Pulse from Murtuza Merchant

April 22, 2024 | 12:43 pm

Chainlink (CRYPTO: LINK) experienced a 6.19% price decrease over the past 24 hours, reaching $13.12, and a 25% decrease over the past week from $17.39. The trading volume has increased by 45% despite a 0.11% decrease in circulating supply to 587.10 million, representing 58.71% of its max supply. Chainlink's market cap ranking is now #18 at $7.75 billion.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 3:02 pm

Chainlink (CRYPTO: LINK) has seen a significant drop of 16.62% in the last 24 hours, bringing its price down to $14.45. This decline is part of a broader negative trend over the past week, with an 8.0% decrease from $17.48. The trading volume for LINK has decreased by 9.0% over the same period, despite an increase in circulating supply by 0.88% to 587.10 million, which is 58.71% of its max supply. Currently, LINK's market cap ranks it 18th at $8.60 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 7:01 pm

Chainlink (LINK) has seen increased real-world applications, including going live on Base, a Layer-2 blockchain, and partnering with ANZ Banking Group for blockchain network connections. Despite a 13% monthly drop, a significant portion of LINK holders remain in profit. Notable traders and analysts have expressed varying sentiments about LINK's value and potential, with some seeing it as an 'opportunity of a lifetime' while others caution about its risks compared to other altcoins.

Portfolio Pulse from Khyathi Dalal

April 10, 2024 | 8:26 pm

The article discusses the hidden costs in DeFi, beyond upfront gas fees, that can impact investor returns, such as Impermanent Loss, Loss-Versus-Rebalancing, Slippage, and Maximal Extractable Value. It mentions traditional payment processors like Visa and Mastercard for comparison and highlights the dynamic nature of gas fees on platforms like Ethereum and Solana. It suggests ways to mitigate these costs, including understanding AMM models, researching platform strategies, and using tools like LlamaSwap, 1inch, Matcha, and Flashbots Protect. Newer oracle protocols like Pyth are also mentioned as innovative solutions.

Portfolio Pulse from Benzinga Contributor

April 05, 2024 | 9:22 pm

Chainlink (CRYPTO: LINK) has seen a 3.15% decrease in price over the last 24 hours, continuing a negative trend with an 8.0% loss over the past week. The trading volume for Chainlink has increased by 32.0%, and its circulating supply has risen by 0.06% to 587.10 million, representing 58.71% of its max supply. Currently, Chainlink's market cap ranks #18 at $10.22 billion.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 7:03 pm

Renowned crypto analyst Michaël van de Poppe shared his top 10 altcoin picks, highlighting buying opportunities amid a market dip. He emphasized the potential for gains despite a Bitcoin correction, noting altcoins like Chainlink and Celestia as top opportunities. Other promising altcoins include Arbitrum, Polkadot, Cosmos, DYDX, WooNetwork, Sei, Skale Network, and Covalent.

Portfolio Pulse from Khyathi Dalal

April 03, 2024 | 11:13 pm

Chainlink (CRYPTO: LINK) has seen a 5.3% price increase in the last 24 hours, reaching $20.26, continuing a positive trend with a 15.0% gain over the past week from $17.51. Despite a 39.0% decrease in trading volume and a slight 0.35% drop in circulating supply to 587.10 million, LINK's market cap ranks #15 at $11.84 billion. The coin's all-time high is $52.70.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 3:02 pm

Chainlink (CRYPTO: LINK) experienced a 6.78% price decrease over the past 24 hours, reaching $17.4, and an 11% decrease over the past week from $19.58. The trading volume fell by 57%, and the circulating supply slightly decreased to 587.10 million, representing 58.71% of its max supply. Currently, LINK's market cap ranks #15 at $10.21 billion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 3:03 pm

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