Chainlink (LINK-USD) Cryptocurrency is currently on bullish momentum by 16.77% in the last 6 hours. At 22:01 EST on Tuesday, 25 May, Chainlink (LINK-USD) is at $29.45.
Social Status
Currently, Chainlink (LINK-USD) has 332872 Twitter followers and 57983 Reddit subscribers.
As of now, on Github, there are 550 forks, 1958 stars, and 218 subscribers.
Volatility
Chainlink’s last week, last month’s, and last quarter’s current volatility was a negative 4.87%, a negative 0.36%, and a positive 5.11%, respectively.
Chainlink’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 11.95% (last week), 6.44% (last month), and 5.11% (last quarter), respectively.
Other News About Chainlink (LINK-USD)
According to FX Empire on Monday, 24 May, “Binance Coin (-12.96%), Cardano’s ADA (-10.19%), Chainlink (-13.63%), Ethereum (-8.58%), Polkadot (-12.31%), and Ripple’s XRP (-12.48%) weren’t far off, however.”, “Binance Coin (-53.72%), Bitcoin Cash SV (-56.77%), Chainlink (-50.68%), and Litecoin (-51.80%) led the way down.”
News about Bitcoin
Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly. According to Business Insider on Monday, 24 May, “Elon Musk joined a discussion among leading Bitcoin miners centered around ways to improve the cryptocurrency’s environmental impact, the Tesla CEO tweeted on Monday.”, “The miners have agreed to form the Bitcoin Mining Council to promote energy usage transparency & accelerate sustainability initiatives worldwide,” Saylor said in a tweet.”
Bitcoin prices keep falling to approach $30,000. According to The Wall Street Journal on Sunday, 23 May, “After starting the year under $30,000, Bitcoin prices peaked at $64,829.14 on April 14-the same day Coinbase Global Inc., the largest U.S. bitcoin exchange, went public in a highly anticipated direct listing.”
Bitcoin slips below $38,000 in a retreat from Monday’s rally. According to Bloomberg Quint on Monday, 24 May, “Musk and Michael Saylor, another long-time Bitcoin booster, tweeted Monday that they had held a call with major North American miners, including Michael Novogratz’s Galaxy Digital and publicly traded Hut 8 Mining Corp., to discuss “energy usage transparency.”, “Saylor said the group agreed to form the Bitcoin Mining Council “to standardize energy reporting.”
Bridgewater’s ray dalio says he prefers Bitcoin to bonds. According to Bloomberg Quint on Monday, 24 May, “Ray Dalio, founder of Bridgewater Associates, said he would rather own Bitcoin than a bond.”, “The hedge fund manager has previously called Bitcoin “one hell of an invention” and that he found it challenging to put a value on digital assets since investing in Bitcoin means recognizing the potential to lose about 80%.”
Bitcoin ETF backers see Canada fund’s slump as reason to believe. According to Bloomberg Quint on Tuesday, 25 May, “At least 11 companies are looking to launch a Bitcoin ETF in the U.S., and nine of them have filed since the end of 2020, according to a tally kept by Bloomberg Intelligence. “, “New SEC chairman Gary Gensler told Congress that the crypto market “could benefit from greater investor protection,” and later a letter from the Securities and Exchange Commission staff warned that Bitcoin is “highly speculative” and volatile.”
More news about Chainlink (LINK-USD).