On Thursday, Chainlink (LINK) experienced an impressive price surge of approximately 19%. This notable increase can be attributed to the rollout of a new protocol by the blockchain oracle, coupled with significant upticks in both whale transactions and trading volume.
IntoTheBlock, the prominent crypto analytics firm, has recently revised its assessment of Chainlink (LINK) following the blockchain oracle's impressive and rapid recovery over the course of a single month.
High-net-worth crypto investors are making sudden and significant moves, transferring hundreds of millions of dollars' worth of digital assets, including the leading cryptocurrency and the most prominent altcoin.
A trader who capitalized on the early-year cryptocurrency surge reveals that he is refraining from engaging with Litecoin (LTC), despite the impending halving event of the peer-to-peer payments network, which is only a few weeks away.
A trader who correctly called the bottom for Bitcoin (BTC) during the 2018 bear market says that Ethereum (ETH) rival Solana (SOL) is setting up for a meteoric price appreciation.
Tom Lee of Fundstrat forecasts a potential surge in Bitcoin's value to around $200,000 within five years. He believes the impact of a US-authorized Bitcoin ETF is significantly underestimated, which, if approved, could boost Bitcoin's market. If an ETF isn't approved, he expects Bitcoin to rely on organic network effects.