Members of the Own the Doge DAO will vote in the coming weeks to potentially bestow official IP status on one of many Neiro meme coins.
Recent data reveals a substantial surge in whale activity on the Cardano (ADA) network. Analyst Ali Martinez reported 687 transactions exceeding $1 million within 24 hours, signaling strong interest from large investors. This influx of capital reflects growing confidence in ADA’s future growth as Cardano price eyes a potential rally to $2. Concurrently, Charles Hoskinson, the founder of Cardano, reaffirmed the importance of a community-driven ecosystem, stating that the cryptocurrency is approaching a milestone that could make it unstoppable in 2025. Cardano Whale Transactions Surge as Charles Hoskinson Highlights ADA’s Growth Analyst Ali Martinez highlighted a sharp rise in ADA whale activity, with 687 transactions exceeding $1 million recorded within 24 hours. This activity marks a significant influx of institutional capital into Cardano. In the preceding 48 hours, whales purchased over 80 million ADA tokens, valued at $85.6 million. Source: X More so, the trend follows consistent accumulation patterns observed earlier in the month. The large investors buying spree reinforces the ADA whales confidence in ADA’s long-term potential. Such large-scale accumulations by whales often signal an upcoming Cardano price rally as buying pressure increases and investor confidence grows. Additionally, Charles Hoskinson commented on the network’s future, emphasizing that Cardano’s vision is to be governed by its users. He outlined two critical milestones, ratifying the community budget and the constitution. The Cardano founder believes these milestones will establish Cardano as a leading crypto in 2025. Hoskinson emphasized, “We are at a very critical inflection point where that dream is almost a reality. It’s my life’s work to see Cardano grow to this point. In 2025, we will see it through.” Market Outlook: Can Cardano Price Reach $2? Following the recent surge in whale activity, Cardano price experienced a modest rise, increasing 3% in 24 hours to $1.09. Trading volume saw a significant spike, rising 81% to $1.66 billion, indicating strong market participation. Cardano’s market cap currently stands at $38.44 billion, reflecting investor confidence amidst ongoing accumulations. Consequently, Cardano price saw a 45% increase over the past month. Moreover, the 4-hour Moving Average Convergence Divergence chart analysis indicates a bullish trend. This is evident as the MACD line starts to cross above the signal line, signaling an upward momentum. Additionally, the histogram bars are transitioning from red to green, which reflects strengthening buying pressure. Analysts project potential ADA prediction targets of $1.46, $1.76, and $2.04 if bullish conditions persist. However, a drop below the $1.00 support level could disrupt this outlook. ADA price targets suggest gains of up to 92% from current levels, with $2.04 identified as a critical resistance point. The post Can Cardano Price Rally To $2 As ADA Whale Activity Surges? appeared first on CoinGape .
The cryptocurrency market continues to be heavily influenced by Bitcoin’s recent all-time high, with Ethereum struggling to follow suit. Despite Ethereum’s proximity to $4,000, market manipulation by major players raises
Bitcoin ETFs are attracting significant investments from various sources. Surpassing 1 million BTC signifies Bitcoin's market maturity. Continue Reading: Bitcoin ETF Investments Drive Significant Demand for Bitcoin The post Bitcoin ETF Investments Drive Significant Demand for Bitcoin appeared first on COINTURK NEWS .
Key takeaways : Chainlink could reach a maximum value of $20.23 in 2024. By 2027, LINK could reach a maximum price of $68.24. In 2030, Chainlink will range between $161.94 to $198.68. Chainlink (LINK) has emerged as a prominent player in the cryptocurrency market. It provides a decentralized oracle network that connects smart contracts with real-world data. As the adoption of decentralized finance (DeFi), and blockchain technology continues to grow, Chainlink’s innovative solutions have attracted significant attention from investors, and developers alike. Chainlink continues to expand its reach, and utility across the blockchain ecosystem, showcasing its robust integration capabilities. Recent updates highlight 14 new integrations of 5 Chainlink services across 10 different blockchain platforms, including prominent names like Arbitrum, Avalanche, and Ethereum. These integrations not only enhance Chainlink’s network but also solidify its position as a critical player in decentralized applications’ interoperability and functionality. Understanding Chainlink’s potential price movements involves analyzing market trends, technological advancements, partnerships, and overall market sentiment. This chainlink price history prediction aims to provide insights into its future performance by examining technical analysis, and fundamental aspects that could influence its value. Overview Cryptocurrency Chainlink Token LINK Price $21.67 Market Cap $13.60B Trading Volume $6.81B Circulating Supply 626.85M LINK All-time High $52.88 May 09, 2021 All-time Low $0.1263 Sep 23, 2017 24-hour High $21.81 24-hour Low $18.48 Chainlink price prediction: Technical analysis Metric Value Price prediction $17.28 (-12.47%) Volatility 16.58% 50-day SMA $13.38 14-day RSI $13.38 Sentiment Bullish Fear & Greed Index 80 (Etreme Greed) Green days 18/30 (60%) 200-day SMA $13.06 Chainlink (LINK) price analysis: LINK maintains bullish momentum above $30 LINK price analysis reveals high-profile wallet purchases have driven LINK’s surge. Glassnode data shows rising LINK momentum. LINK has the potential to reach $60 amid bullish sentiment. Chainlink price analysis on 16th December shows LINK has seen impressive upward momentum, pushing past the critical $30 level for the first time in nearly two years. The cryptocurrency recently surged over 5%, supported by strong institutional interest, including notable investments from Donald Trump’s affiliated wallet. The price has risen more than 40% in the last week alone, and its current position above the $30 mark sets the stage for possible further upside, with $34 identified as the next key resistance level. Fundamental and technical factors, including increased active addresses and a record-high futures open interest, back this surge. Chainlink daily chart analysis: LINK tests resistance at $30.0 The Chainlink (LINK) daily chart reveals a significant test of the $30.0 resistance level as the cryptocurrency continues its bullish trend that began in late October. Currently, LINK is trading at $29.431 after reaching a high of $30.812. This level is critical because it is the highest price point in nearly two years. The exponential moving averages (EMAs) — 20, 50, 100, and 200-day — all trend upwards, with the 20-day EMA ($24.387) providing robust support beneath the current price. This alignment of EMAs below the price accentuates a strong bullish sentiment in the market. Chainlink daily chart analysis: LINK/USD tests resistance at $30.0 Regarding technical indicators, the Relative Strength Index (RSI) is currently at 71.21, which suggests that LINK is overbought. However, the persistence of the RSI in this region indicates strong buying interest that has sustained the price above $25 for several sessions. The Moving Average Convergence Divergence (MACD) also reflects ongoing bullish momentum, with the MACD line well above the signal line and the zero mark, further corroborating the strength of the current uptrend. As LINK approaches the crucial $30 resistance level, the market’s reaction in the upcoming sessions will be pivotal. If LINK can sustainably breach this level, it may open the path towards higher resistance levels, potentially around $35. On the flip side, if the price fails to maintain its position above $30 and retreats, the 20-day EMA will serve as the primary support to watch. A break below this moving average could indicate a shift in market sentiment, possibly leading to a deeper correction towards the 50-day EMA ($19.696). Chainlink 4-hour chart analysis: LINK shows signs of consolidation The four-hour chart for Chainlink (LINK) indicates a period of consolidation as the price moves within the narrow range defined by the Bollinger Bands. Currently, LINK is trading near the middle band at $29.183, which often acts as a dynamic level of support or resistance. The recent price action shows LINK oscillating around this middle band, suggesting an indecisive market sentiment. The upper and lower bands are positioned at $29.399 and $27.927, respectively, providing the immediate boundaries for potential price movements. Chainlink 4-Hour Chart Analysis: LINK/USD Shows Signs of Consolidation The Relative Strength Index (RSI) in this timeframe is at 55.81, signaling a neutral momentum without a clear directional bias. This level of the RSI, positioned near the midpoint of the range, supports the ongoing consolidation phase, as neither overbought nor oversold conditions are currently present. The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line below the signal line, indicating a potential slowdown in bullish momentum. However, the proximity of the lines and the slight histogram below zero suggest that any downward movement may be limited. What to expect from Chainlink price analysis Given the current technical setup, LINK traders should watch for a break above or below the Bollinger Bands to signal the next significant price move. A break above the upper band might indicate strengthening bullish momentum, potentially pushing LINK towards higher resistance levels. Conversely, a break below the lower band could signal a bearish turn, leading to tests of lower support levels. The next resistance level to watch is $30, potentially higher if the bullish momentum continues. Conversely, should LINK experience a significant pullback, the 20-day EMA around $24.38 will be crucial support to observe, which could stabilize the price and provide a rebound opportunity. Chainlink technical indicators: levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 16.12 BUY SMA 5 $ 16.87 BUY SMA 10 $ 17.07 BUY SMA 21 $ 15.82 BUY SMA 50 $ 13.38 BUY SMA 100 $ 12.29 BUY SMA 200 $ 13.06 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 15.36 BUY EMA 5 $ 14.24 BUY EMA 10 $ 12.98 BUY EMA 21 $ 12.14 BUY EMA 50 $ 11.69 BUY EMA 100 $ 12.00 BUY EMA 200 $ 12.81 BUY Is Chainlink a good investment? Chainlink (LINK) is a decentralized oracle network crucial in connecting real-world data to blockchain systems. It has gained significant traction, forming strong partnerships and expanding its presence in areas like decentralized finance (DeFi) and tokenized assets. While it holds promising long-term potential and recent trends suggest a bullish outlook, it’s important to remember that the cryptocurrency market is highly unpredictable. If you’re considering investing, research thoroughly and carefully weigh the risks. Will Chainlink recover? Chainlink’s price has declined recently, with minor short-term recoveries; however, the move is gradual. The general trend remains bearish as it seeks support. Will Chainlink reach $50? Based on long-term forecasts, Chainlink (LINK) is projected to reach $50 by 2028 as its ecosystem and user adoption continue to grow. Will Chainlink reach $100? Chainlink can reach $100 in the year 2030 in price predictions. Does Chainlink have a good long-term future? Chainlink shows some stabilization, and potential for recovery, indicating the token may have a promising long-term future. Recent news/opinion on Chainlink Chainlink has announced that its cross-chain interoperability standard is now live on BackedFi, enabling seamless bToken transfers across five chains and enhancing tokenized real-world assets with greater utility, liquidity, and interoperability. Coinbase integrates Chainlink’s CCIP into Project Diamond, enhancing data security and compliance for institutions regulated by Abu Dhabi Global Market. The #Chainlink standard for cross-chain interoperability is now live on @BackedFi , enabling the transfer of bTokens across five chains. Backed is now leveraging CCIP, PoR, & Data Feeds to level up its tokenized RWAs with increased utility, liquidity, and interoperability. https://t.co/jkYhDPwa9P — Chainlink (@chainlink) December 2, 2024 Chainlink announces that 21X, Europe’s first tokenized securities trading & settlement system, is adopting the #Chainlink standard. This integration will use Chainlink’s Price Feeds to support 21X’s trading engine and the Cross-Chain Interoperability Protocol (CCIP) to link the system to various assets across the on-chain economy. We're excited to announce Europe’s first tokenized securities trading & settlement system—21X ( @tradeon21x )—is adopting the #Chainlink standard. Price Feeds will underpin 21X’s trading engine & CCIP will connect it to assets across the onchain economy: https://t.co/ACGrBKuduL pic.twitter.com/BYKSBGUFp8 — Chainlink (@chainlink) December 2, 2024 Chainlink price prediction December 2024 For December, Chainlink is primed for notable growth. The minimum projected trading price is $21.88, with an average of around $32.07. LINK is expected to attain a peak price of $48.26. Chainlink Price Prediction Potential Low Average Price Potential High Chainlink price prediction December 2024 $21.88 $32.07 $48.26 Chainlink price prediction 2024 The market price for LINK is expected to reach a maximum of $20.23 in 2024. However, traders can expect a minimum trading price of $17.79 and an expected average trading price of $19.67. Chainlink Price Prediction Potential Low Average Price Potential High Chainlink price prediction 2024 $17.79 $19.67 $20.23 Chainlink price prediction 2025-2030 Year Minimum Average Maximum 2025 $26.24 $27.22 $33.22 2026 $39.23 $40.32 $46.05 2027 $55.85 $57.46 $68.24 2028 $79.01 $81.88 $96.30 2029 $114.88 $118.98 $138.17 2030 $161.94 $167.89 $198.68 Chainlink price prediction 2025 In 2025, Chainlink is expected to reach a maximum value of $$33.22, a minimum price of $26.24, and an average value of $27.22. Chainlink price prediction 2026 In 2026, LINK’s average price is expected to be $40.32; its minimum and maximum trading prices are predicted to be $39.23 to $46.05, respectively. Chainlink price prediction 2027 The price of Chainlink is predicted to reach a minimum level of $55.85 in 2027. LINK can reach a maximum level of $68.24, and an average price of $57.46. Chainlink price prediction 2028 The Chainlink price prediction for 2028 suggests a minimum price of $79.01, a maximum price of $96.30, and an average forecast price of $81.88. Chainlink price prediction 2029 In 2029, Chainlink prediction expects LINK to reach a maximum value of $138.17, a minimum price of $114.88, and an average value of $118.98. Chainlink price prediction 2030 The price of Chainlink is predicted to reach a minimum value of $161.94 in 2030. Investors can anticipate a maximum price of $198.68 and an average trading price of $167.89 if the bulls hold position. LINK price history Chainlink market price prediction: Analysts’ LINK price forecast Firm 2024 2025 Gov.Capital $11.945 $12.203 DigitalCoinPrice $48.01 $56.48 CoinCodex $20.02 $30.92 Cryptopolitan’s Chainlink price prediction According to our Chainlink price forecast, the coin’s market price might reach a maximum value of $20.23 by the end of 2024. In 2026, the value of LINK could surge to a maximum price of $46.05. Chainlink’s historic price sentiment Chainlink price history Chainlink launched at around $0.20, staying mostly under $1 throughout 2018, with moderate market cap growth. In 2019, LINK saw substantial growth, reaching $1 in May and peaking around $3 by year-end, driven by its utility in providing reliable data feeds for smart contracts. 2020 marked a breakout year as LINK surged from $2 to $20 by August, fueled by DeFi demand. In 2021, it reached an all-time high of around $52 in May but dropped to $22 by mid-year due to market volatility. In 2022, LINK ranged between $15 and $25 amid broader market corrections. In 2023, it further declined, stabilizing in the $6 to $13 range as investor sentiment cooled. Starting 2024 at $15, LINK briefly spiked to $18 in February before falling to $12 by April. The coin’s price has fluctuated throughout 2024, peaking near $15 in May, dropping to around $10 by August, and stabilizing between $10 and $12.28 in October. In November, LINK is trading within the range of $10.68 to $11.94. In December, LINK is trading within the range of $18.20 to $21.53.
Avalanche (AVAX) renewed its approach as a L1 chain, after the launch of Avalanche9000. The project moves from its structure of several specialized chains and subnets to a new, fast network. AVAX recovered above $50 after the official launch of Avalanche9000. The new network has been in testing since November 25, and only took weeks to reach the official launch as a new L1. The launch arrives just days after Avalanche secured a $250M funding round from over 40 VC funds with the goal of supporting the updated Avalanche9000 chain. Avalanche9000 is an upgrade that has been in the making for a long time. The changes are based on multiple community proposals, which were implemented in the launch, also known as the Etna upgrade event. After the upgrade, AVAX recovered to $50.21, on the verge of re-joining the top 10 coins and tokens. AVAX was at one point seen as a competitor to Solana, though the chain was left with an older collection of apps. Ahead of the Avalanche9000 upgrade, the chain also saw a boost in its activity. In November, Avalanche produced $1.5M in fees, while previous months ranged under $800K. After the renewed gas structure, Avalanche and its validators will have to adapt to a permanently lower gas income. Tether (USDT) made up more than 25% of activity on Avalanche as a share of total transactions. Circle’s USDT takes around 10% of transactions, pointing toward DEX swaps as the major source of Avalanche income. Trader Joe and Odos swaps make up another 10% of the network’s transactions. Avalanche to offer more accessible launches to Web3 startups Before Avalanche9000, the project carried a complex mix of validator chains, as well as C-Chain, an EVM-compatible network tailored for gaming and Web3. Avalanche was one of the projects to offer curation and advice for new gaming projects. C-Chain ended up supporting high-profile games, while some projects launched their own subnets. After the update, C-Chain will transform into Avalanche9000, though explorers have not yet reflected the name change. With the upgraded L1, Avalanche aims to add projects that will each launch their own network, at a much lower cost. Previously, Avalanche required a significant upfront amount of AVAX to launch a subnet, which led to many projects seeking a more accessible solution. Avalanche9000 will work the same way as C-Chain, but with 96% lower gas fees. All the new L1 will be compatible and offer a seamless experience. The new L1 chains will essentially copy the subnet structure but with much lower initial fees and gas prices. Avalanche already carries $1.62B in DeFi value locked and is one of the chains to carry native Tether (USDT). The network also carries a version of Aave (AAVE), as well as other DEX and DeFi apps. C-Chain worked in a way similar to Ethereum-compatible L2 and achieved bridged inflows from Ethereum. Avalanche was one of the few L1 chains to build a connection to Ethereum. During the early gaming and NFT stage, some of the Avalanche projects even started on Ethereum and migrated at a later date. Avalanche aims to build its own scaling solution Through its experience with C-Chain, Avalanche noted that a single L1 was not sufficient to carry high-traffic apps and general transactions. Unlike Ethereum, Avalanche wanted to scale with its own collection of new compatible side chains. Each chain would have its own rules while being compatible with the main network. Even before the upgrade, chains like Dexalot carried a larger number of transactions and consumed more gas compared to C-net. Avalanche’s team wants to repeat that success and invite more Web3 startups to launch a native L1 at a minimal cost. All L1 will be compatible with MetaMask and Avalanche’s Core wallet. At this point, Avalanche aims to encourage a new wave of product-building. Previously, Avalanche focused on play-to-earn, while also adding several high-traffic DEX like TraderJoe and Pangolin. Apps and gaming projects either had to compete for gas on C-Chain, or make a significant upfront investment to build a subnet. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
The convergence of artificial intelligence and blockchain technology marks a pivotal moment for the evolution of Web3, with significant implications for decentralized finance. This groundbreaking collaboration between Eliza Labs and
As reports of drones swarming U.S. skies increase, speculation online as to who is behind them ranges from military ops to alien visitors.
The ai16z developer is researching the intersection of artificial intelligence and Web3.
December 16th, 2024 – San Francisco, California Forte’s Open Source Rules Engine Empowers Web3 Developers with Dynamic On-Chain Compliance and Economic Solutions for Launching and Managing Digital Assets. Forte has officially unveiled and launched the Forte Rules Engine, an open-source solution for developers to build safe, on-chain environments and manage digital asset economies for web3 apps. With the Rules Engine, developers can define and enforce rules, establish transaction guardrails, manage compliance obligations, and mitigate the risks of volatility and bad actors – all while supporting long-term digital asset utility and economic health. Developers can now utilize the Forte Rules Engine by visiting: forte.io/developers “The future of blockchain development is at a pivotal moment where the need to build strong foundations that foster safe, sustainable environments is paramount for blockchain projects and communities to thrive,” said Bela Pandya, CEO of Forte, “The Rules Engine was built to deliver these foundational technologies to developers that enable on-chain safeguards across a wide array of critical functions. From anti-dumping controls on airdrops to guardrails ensuring digital assets never interact with sanctioned wallets, and custom controls designed to mitigate volatility and market manipulation, the Rules Engine empowers developers to launch their projects confidently. This marks a new chapter for blockchain development, driven by compliance, economic stability, and a renewed sense of trust in blockchain development with much more on the horizon for the Forte Rules Engine.” Fully compatible with all EVM chains and web3 wallets, the Rules Engine provides developers the on-chain technology they need to build a safe, sustainable economy that their communities trust. This innovative suite of solutions aims to support: Safe Environments for Digital Assets The Forte Rules Engine employs on-chain guardrails to implement protective layers and safeguards that help mitigate risk and manage digital asset markets. The technology streamlines compliance navigation by leveraging Forte’s ecosystem of regulated partners to facilitate Know Your Customer (KYC) and Wallet protocols as well as sanctions enforcement, fostering responsible practices and building trust among users and communities. Through enhanced features such as Zero Knowledge (ZK) capabilities, developers can ensure privacy, verify identities, and assure transaction integrity. Economic Stability Developers will have access to a growing set of features designed to help launch, grow and scale a sustainable economy that their community can trust. This includes both templated and bespoke rulesets which can be designed to mitigate market volatility and manipulation, enforce token utility requirements, and effectively manage trading volume. The on-chain rulesets are designed for seamless integration and equipped with third-party integration options, ready to meet developer needs from day one. They offer the flexibility to adapt and evolve alongside the project, ensuring scalability and stability. Developers interested in leveraging the Forte Rules Engine for their next project can start building here . About Forte Forte provides open-source, on-chain solutions that foster safe environments and support healthy and stable digital asset economies. Our trust and privacy-preservation solutions empower developers to manage compliance risk, promote economic stability, and leverage instant liquidity. Developers can deploy flexible and adaptable blockchain solutions that evolve with their dynamic needs – fully compatible with all EVM chains and web3 wallets. Forte and its ecosystem partners are currently working with acclaimed developers to redefine the future of blockchain innovation. Contact Sibel Sunar, Communications on behalf of Forte This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Forte Unveils Open-Source Rules Engine to Support Safety and Economic Stability in Blockchain Development appeared first on The Daily Hodl .