chainlink token burn chainlink price increase chainlink link crypto news Chainlink LINK HUGE News! Latest BIG Partnerships! Price Analysis & More!
hello everyone im crypto nobes in todays video were going to be taking a look at the latest big news to do with chain link were also going to be taking a look at our price analysis as well as a few other big things so if you guys like anything i bring to you dont forget to smash that like button hit the subscribe button or share the video for more lets see if we can get this video over 300 likes i also want to know down below what is your number one cryptocurrency pick going into 2021 with that lets jump straight into the video so well start off by taking a look at the market as a whole overall the market is still looking very strong over the past couple days we did have a slight 15 to 20 correction but now the market is looking very strong again bitcoin is up to 18 306 dollars ethereum up 10 to 588 dollars xrp at 61 cents chaining up to 13.78 cents cardano at 16 cents and stellar lumens at 19 cents but in todays video we are gonna be taking a look at the latest big news to do with chain link so lets start off with this price training is currently down five percent over the last seven days but it is up 24 over the last 30 days its all-time high which was hit this year is 19 and 79 cents and the share is chart on the seven day as you can see here quite a lot of the market took a 20 to 30 percent drop but as you can see now we have been stabilizing and it is starting to wake up again the market is looking very bullish at the moment as you can see here we have been in upward direction we have this slight correction phase here and now the important part is the recovery phase these are the times you want to buy these are some very good buying opportunities for the rest of the market and if i share its chart on the 90 day and the 12 month as you can see chaining has been one of the hottest cryptocurrencies in the market were now going to take a look at the first article to do a chain link and this article says why d5 flash loan attacks will keep happening sergey nazarov told dcrip that hackers will continue to target d5 protocols unless they reconsider the way they get data in brief over 100 million dollars was lost when hackers targeted a number of default projects they were able to manipulate prices and walk away with the money because the d5 protocols get the data from one source which is risky the founder of the top d5 project chain link told dcrib that they will continue to happen unless default projects get their data from a number of sources training co-founder sergey nazarov has said that hackers will continue to come after default protocols unless they change the way they get the price information his comments on the decrypt podcast come after d5 protocols lost over 100 million dollars in a string of flash loan attacks that attack compound 89 million dollars harvest finance 34 million dollars and cheese bank 3.3 million dollars the projects were subject to oracle exploits in which the price of stable coins held in the protocols was manipulated and as you can see here this is what chainings price has done over the past month weve had two very important tests for training and cryptocurrency and so far it is looking very very strong and it says down here hackers were able to target several of the projects because they relied on curve finances data on the price of cryptos held in its liquidity pools nazareth said on the podcast that all the attacks were related to using a single centralized exchange as a pro source and that these kind of attacks will keep happening even if protocols start to get their own data from two or three sources nazarov said that chaining has been resistant to problems because it uses multiple data sources getting data from hundreds of exchanges for default protocol to avoid problems in the future they will have to think of how they source their data since the attacks decentralized exchange curve finance warned d5 projects to use chain link which uses a decentralized oracle network it gets data from one blockchain to another safely so it cant be manipulated it looks like the hottest new d5 projects will have to step up their game when it comes to security or millions more will be lost so overall it looks like there is some major problems happening in d5 at the moment this is why you cannot take your eyes off training chaining is one of those cryptocurrencies that is so beneficial to the world it is almost game changer with what they want to do with finance across the whole board as well as everything else it is absolutely incredible the potential they have they have had multiple tests this year with their price wise but it does not seem to be shaken i want to know down below do you think chaining will still be one of the hottest cryptocurrencies in 2021 now ladies and gentlemen we have here the official crypto names patreon we have two memberships at the moment we have the little supporter membership where you can support me making more videos for you guys and youll be entered into monthly giveaways we also have here the diamond membership where if you need any help at all with your cryptocurrency whether youre new just getting started or youre struggling i can help you to the best of my ability that you need as well as 24 7 support and a personal thank you on my youtube channel our aim is to try and build one of the strongest crypto communities out there if you want to check it out im going to leave a link in the description and in the pin comments down below this is the next article i want to show you and it says chaining announces support for in-demand ethereum infrastructure development and it says down here in what is an interesting development training has announced its support for the development of in-demand ethereum infrastructure projects via its participation in git coin grants round eight and shane tweeted we are excited to support the open source development of in-demand ethereum infrastructure projects by donating funds to bitcoin grants round eight chaining strongly believes in contributing to the open source ecosystem that we all collectively rely on hopefully this puts to bed the irrational discussion on ethereum versus training in the future because its obvious crypto needs both projects to support each other in order to flourish chaining is a decentralized oracle network that claims to solve many of the problems ethereums platform has struggled with in the past in fact the two protocols have often been pitted against each other by their respective followers however as one of the community members was quick to point out this may as well change as chaining support of ethereum development is a sign that its time to put such debate to bed a statement released by the team behind chaining said we remain committed to the continued growth of the ethereum ecosystem which is why we are taking part in get coins ground round eight as such a matching partner to fund community selected projects focused on improving ethereums infrastructure further changing described its support for ethereums top infrastructure projects as a step closer to collective vision of ethereum as a public good one thats openly accessible and able to underpin increasingly more advanced smart contract applications the project also revealed that it will donate additional funds to get going grants round eight in order to match your individual donor contributions given to the popular projects so overall this is more good news for chaining over the past year they have earned a tremendous amount of respect and theyve also been one of the hottest cryptocurrencies out there i personally think 2021 is going to be no different chaining in my opinion is game changer and i think we could see somewhat similar levels to what ethereum did in 2017. were now going to take a look at a clip from sergey nazerov himself explaining a couple reasons as to why he thinks bitcoin is growing dramatically um the the first and and they vary between the average consumer and the institution one of the key factors for both the average consumer institution and institution is impending inflation so impending inflation is something that is more and more on peoples minds and inflation as a mechanism to devalue assets leads people to seek safety that seeking of safety leads them to look at alternatives because the the modern global financial system is not very well set up to help people combat inflation whereas there are alternatives such as bitcoin that are um i think this is one of the things that probably drove paypal a very consumer-centric company that does a lot of research about consumers want to give a very limited real estate in their application for the acquisition of crypto assets by users right so i think inflation as a general idea is pervading both consumers and institutions the more advanced than the second category of concerns that people have is monetary policy generally so i think theres a set of concerns around is modern monetary policy feasible is modern monetary policy connected with reality is being off the gold standard connected with reality are the dynamics around money printing scarcity you know and and all these other dynamics um connected with basic economic realities thats more on the institution side and the hedge against that is bitcoin right so that as a hedge you basically have the alternative of gold and youd have the alternative of bitcoin um and the the adoption there is really evidenced by the amount of custody solutions that banks are adopting so in order to give your users as an institution access to cryptocurrency you need to have a capability to custody it you need to have an ability to hold it and youre seeing a massive adoption of custody solutions by banks which basically is a precursor of if im spending millions of dollars to have the ability to give people access to cryptocurrency um that means im probably going to do that im probably going to give them access to that and i think whats really happening on the institutional side is a lot of those custody implementations are getting completed and theyre following through on their plans to to use those implementations of being able to take custody of cryptocurrency as um as an institution some very interesting stuff said there by sergey nazarov himself we are seeing cryptocurrency grow like we have never seen it before there is still a tremendous amount of money to come in and the best part about this is is that this is still just the start this is the last article that im going to show you in todays video and it says beam to integrate with chain ink to bring oracles to confidential defy and it says down here beam the confidential default platform is excited to announce its planned integration with chainx market leading oracle network to securely reliably deliver external asset prices and market data to beams ecosystem beam will leverage the chaining price feed framework to launch decentralized price oral calls for beam slash usd and beam slash ef in particular these price feeds will support beams confidential stable coin protocol as well as being erc20 bridge for moving assets between ethereum and bmx blockchains default apps need secure and accurate price data in order to execute financial smart contract protocols such as maintaining collateralization of stable coins and loans minting and trading synthetic commodities settling future contracts and more as more developers build on beams privacy-focused blockchain the chaining networks plug and play price feeds offer them highly proven oracle solutions that can be leveraged to quickly launch default products in production as well as scale to support demands for additional markets and assets the possibilities are endless so overall with 2021 just around the corner and the crypto market looking the strongest its ever been do we think that cryptocurrency is going to play an incredibly big part of our future i personally think that we need to change now we needed a change back in 2008 and we still have not got it i personally cannot think of another option purely because of how bad things have gone there has to be a change i want to know your thoughts down below now ladies and gentlemen that is absolutely everything ive got for you in todays video if you have enjoyed anything ive brought to you dont forget to smash that like button hit the subscribe button or share the video for more lets see if we can smash that 300 like target and dont forget to leave your thoughts and opinions down below ladies and gentlemen ive been crypto nobes thank you for watching hopefully ill see you in my next video peace In this video I go through a few big articles involving Chainlink! how Big things are coming, Multiple partnerships, So far chainlink has be the hottest crypto in the market will it continue? We look at my reasons as to why I think they could be massive, we also look at a BIG articles involving LINK new PARTNERSHIPS! LINK could soon be smashing all time high AGAIN to over $19.85 We also take a look at the biggest news for LINK As this could lead to prices we dream of if all goes to plan! we also look LINK latest news and a few price predictions too! The next few steps could lead to this next big bull run & Crypto technology as the future! We look at the Chainlink price chart using analysis, latest BIG news. LINK chart. what can we expect in the future. price look and is it too late to buy? 0:00 - Intro Market Recap Overview 1:36 - Why DeFi Flash Loan Attacks Will Keep Happening 4:33 - Chainlink announces support for ‘in-demand’ Ethereum 6:32 - Sergey Nazarov Clip 8:49 - Beam to Integrate with Chainlink & Final Thoughts This is my opinion. And things can change. But hopefully you learn a little here. Subscribe, like and share the video for more! Leave your thoughts down below! I am a big fan of Crypto and I will be hopefully bringing you information you didnt know about! I am very bullish on crypto and I want to help as many people as I can! Stay Safe Stay Rich! My patreon: Want to buy cryptocurrency the safest way possible?: ----------------------------------------------------------------------------------------------------------------- HELP SUPPORT THE CHANNEL!️ Buy a Ledger Nano S or Nano X the safest way to store your Crypto! Use Code BLACKFRIDAY20 For 40% Off! Want to buy cryptocurrency the safest way possible?: ----------------------------------------------------------------------------------------------------------------- Sources: --------------------------------------------------------------------------------------------------------------- Follow me on twitter! Follow me on Instagram! E-mail for business inquiries ONLY: ---------------------------------------------------------------------------------------------------------------- DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. 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Price Analysis & More! chainlink link crypto newsChainlink LINK HUGE News! Latest BIG Partnerships!
chainlink token burn chainlink price increase chainlink link crypto news Chainlink LINK HUGE News! Latest BIG Partnerships! Price Analysis & More!