Chainlink (LINK) continues to be a topic of focus within the crypto space, with diverse predictions suggesting that its price could hit between
$100 and
$20 by 2030. Indicative of the volatile nature of cryptocurrencies. There appears to be significant
whale accumulation going on, suggesting potential reversal patterns and an impending price rally. However, there are some concerns with LINK, with queries raised over why the price is struggling despite major whale interactions.
Other key developments in the crypto sector include the
crypto market entering a state of 'extreme fear', with Bitcoin projected to drop below $50k. A contrasting opinion suggests that Bitcoin could hit $90k by year-end if Trump becomes President again. Furthermore, several institutions are adopting
Bitcoin ETFs quite rapidly, while crypto scams involving Bitcoin ATMs have exploded 1000% since 2020.
Regulatory issues aren't far behind with the Singapore government investigating seven people for providing
WorldCoin services. Given outlook does give room for speculation and raises questions on whether crypto is entering a bear market.
Meanwhile, murmurs about alleged links between an ex-FTX exec and a Chinese bribery scandal have surfaced. In more positive news, the DTCC and Chainlink successfully completed a pilot to accelerate fund tokenization. Notably, the crypto market has seen a surge in meme coins, with
DOGS Token now being the third by holder count. However, meme coin takeover teams may face legal challenges soon.
LINK Coin News Analytics from Tue, 16 Jan 2024 08:00:00 GMT to Wed, 11 Sep 2024 09:51:59 GMT -
Rating -3
- Innovation 6
- Information 7
- Rumor 2
