Altcoin Sherpa, a pseudonymous trader, has identified Maker (MKR), an altcoin based on Ethereum, as having the potential to surge by almost 30% from its current price. The trader believes that MKR has shown "immense strength" in the current market environment and could reach above $1,700 if it overcomes the resistance level of around $1,330.

A popular crypto strategist has issued a warning that the decentralized oracle network Chainlink (LINK) may experience a significant downward movement. Rekt Capital, a pseudonymous analyst, believes that Chainlink looks bearish after failing to break through its macro downtrend resistance. The failed breakout suggests that LINK is still range-bound, and in a worst-case scenario, Chainlink could correct all the way down to $6.13. Meanwhile, Bitcoin has lost its bullish market structure on the weekly chart, but is still managing to stay above its horizontal support at $29,245.

Chainlink (LINK) saw an increase in whale activity as its price rose over the last two days, with whale and shark addresses holding 10,000 to 10 million LINK reaching a seven-month high. However, despite the increase in accumulation, LINK's daily chart turned red and its transaction count and network growth plummeted. LINK was also down by over 1.23% in the last 24 hours, trading at $7.85 with a market capitalization of over $4.2 billion. While its funding rate was green, most indicators on Chainlink's daily chart supported the sellers, indicating increased chances of a downtrend.

Altcoin Chainlink (LINK) has been performing well in the crypto market, with a weekly gain of around 6% while Bitcoin remains stagnant. The rise in Chainlink's price is attributed to heavy whale accumulation and a recent breach of resistance at $7.7, with a new resistance level at $9. On-chain data from Santiment shows that Chainlink had a massive transaction volume of $344 million on July 26, compared to $211 million the previous day.

Matrixdock, a digital asset platform for real-world asset (RWA) tokenization solutions, has partnered with Chainlink to increase the transparency of its short-term treasury tokens using Chainlink’s Proof-of-Reserve (PoR). The integration enables stablecoin holders of Matrixdock’s STBT product to obtain U.S. Treasury bonds and reverse repurchase agreements backed by U.S. Treasuries. With on-chain data feeds and automated verification capabilities, Matrixdock enables faster time-to-market for tokenized projects and enhanced asset security.

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is a new generalized cross-chain communication protocol that provides smart contract developers with the ability to transfer data and tokens across blockchain networks in a trust-minimized manner.

Chainlink's price surged by almost 19% on Thursday due to the launch of its new Cross-Chain Interoperability Protocol (CCIP) on several blockchains, as well as an increase in whale transactions and trading volume.

Crypto analytics firm IntoTheBlock has revised its outlook on Chainlink (LINK) following the blockchain oracle's strong recovery in just one month. With LINK's more than 50% surge since June, the least number of Chainlink holders are seeing losses this year. According to IntoTheBlock, LINK has more room to run with the next likely price resistance level at $10, a more than 22% increase from its current value. However, the firm warns that LINK may dip if some investors start taking profits. Additionally, IntoTheBlock highlights that Ethereum (ETH) has seen the largest recorded amount of ETH moved onto centralized exchanges (CEXs) in the last two months, which could indicate increased selling of the second largest digital asset by market cap.

Chainlink (LINK) experienced a remarkable 17% surge in its price within 24 hours, breaking through the $8 resistance level and indicating a potential shift in its market dynamics. The surge in price was accompanied by an impressive 780% increase in 24-hour trading volume, highlighting the surge in market activity and interest in Chainlink.

Chainlink's cross-chain interoperability protocol has been launched, allowing for the transfer of tokens between different blockchains. CEO Sergey Nazarov expects that banks and financial institutions will create their own private blockchains with stablecoins and DeFi protocols, which could benefit from using the CCIP.

Chainlink's LINK tokens experienced a surge in value on Thursday, with trading volume doubling to $580 million and prices rising by as much as 6%. This was attributed to the release of the company's Cross-Chain Interoperability Protocol (CCIP), which is designed to facilitate cross-chain applications and services.

Chainlink has launched its cross-chain interoperability protocol (CCIP) in its "early access" phase, which aims to link applications across public and private blockchains. CCIP has already been adopted by Synthetix on mainnet for cross-chain transfers between Ethereum, Optimism, and other chains. From July 20, CCIP will be available to other developers across five testnets.

According to Chainlink Team, the basic assets of Backed Finance's bIB01, bIBTA, bCSPX bTokens project that tokenizes real-world assets have been supported by Chainlink's price oracle, including the tokenized real-world assets (RWA) prices of IBO1, IBTA, and CSPX ETFs that invest in 0-1 year US Treasury bonds, 1-3 year US Treasury fixed income, and track the S&P 500 index, respectively.

July 5 (Cointime) - A crypto strategist with a large following predicts that both Litecoin (LTC) and Chainlink (LINK) will experience gains of over 100%. The strategist notes that Litecoin looks bullish after breaking through technical resistances and could potentially surge to $250, a 135% increase from its current price.

June 27 (Cointime) - The Chainlink Spring 2023 Hackathon attracted over 14,000 registrants and received a record-breaking 498+ project submissions from teams in over 100 countries. The event showcased the rise of a wave of new builders, with about 40 percent of registrants having little to no construction experience using blockchain technology. Over $400,000 allocated across categories including Grand Prize, Tech for Good (x2), NFT & Gaming, DeFi, AI, Chainlink Services (x3), DAO, Women in Tech and Top Prizes (x40) . Securechain won the grand prize, while other projects focused on social impact, gaming and decentralized finance also won.

June 17 (Cointime) - Chainlink is using its treasury to promote the use of its oracles by contributing LINK tokens. Recently, 21 million LINK tokens worth around $111 million were transferred from Chainlink's official wallets.

June 14 (Cointime) - LooksRare, a platform in the NFT marketplace, has integrated with Chainlink's provably random number generator to launch a series of high-value NFT raffles. The raffles will offer blue chip NFTs and $LOOKS prizes, with the first raffle featuring the CryptoPunk #7941. LooksRare will use Chainlink's 'Verifiable Random Function' to ensure transparency and prevent manipulation. Additionally, LooksRare has launched an airdrop initiative that will distribute $5,000,000 $LOOKS tokens to its loyal users based on their activity within the platform.

According to analytics firm Santiment, wealthy investors have been buying up millions of Chainlink (LINK) after a sudden drop in price to a three-year low. Wallets holding between 1,000 to 100,000 Chainlink accumulated 3.9 million LINK, worth about $20 million, during the last week. This activity marked a record high for 2023.

Chainlink (LINK) hit a three-year low of $5.06 on June 6, but now appears to have found a bottom at $5. Large institutional investors in the Chainlink network have started betting big on LINK once again, with whale transactions involving LINK reaching a 2023 peak on June 10.

Singapore-based startup Finblox has partnered with OpenEden to bring tokenised US Treasuries to emerging markets in Southeast Asia. The partnership aims to offer a safer and less risky way for the unbanked population in the Philippines, Indonesia, India and Vietnam to earn sustainable yields. T