Is Chainlink Going to Zero? LINK Price Drops 5% Suddenly as New Staking Coin Secures $200,000
As the Chainlink (LINK) community gather in Barcelona for SmartCon 2023, price action has taken a -5% tumble, as LINK's 16-month range continues to hold strong despite ANZ Bank partnership - but with fearful under-water...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In a classic 'buy the rumour, sell the news' market move, the -5% drop comes following a convergence of major fundamental news and upper-range resistance....
Read More: Is Chainlink Going to Zero? LINK Price Drops 5% Suddenly as New Staking Coin Secures $200,000
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Schonfeld Advisors sells 20% of Bitcoin ETF holdings, drops to $384M
Institutional rebalancing in Bitcoin ETFs may indicate strategic adjustments rather than a loss of confidence, impacting market pe...
Chainlink’s leverage rises as Standard Chartered sets $200 target
Chainlink's strategic role in asset tokenization could significantly influence blockchain interoperability and drive long-term mar...
Bitcoin drops below 200-week moving average for first time since 2022 bear market
Bitcoin's dip below the 200-week MA signals potential prolonged market stress, impacting investor sentiment and possibly triggerin...
Deribit Secures Dubai Broker-Dealer License via Coinbase
Deribit, the derivatives exchange Coinbase acquired for $2.9 billion, secured a Broker-Dealer Licence from Dubai’s Virtual Assets...
Bitcoin Price Prediction: BTC AI Trade Driving BTC Forecasts
Bitcoin price prediction shows it trading at $62,800, down -1.4% on the day, holding a range that’s frustrated bulls and bears ali...
Polkadot ETF realized $4.52 of loss per $1 in staking rewards
On Friday, the 21Shares Polkadot ETF (TDOT) reported that it realized $4.52 of loss per share by selling Polkadot (DOT) tokens to...