Global #Chainlink

The price of Chainlink (LINK), a cryptocurrency powering decentralized oracle networks, is in the spotlight after a significant unlock of tokens. According to CoinGecko, 21 million LINK tokens, previously held in a non-circulating supply contract, were unlocked, representing a value of roughly $295 million at current market prices.

Chainlink (LINK), a decentralized oracle network powering smart contracts, has seen its price drop below a key support level, sparking fears of a potential downtrend. This is according to a recent report on FXEmpire.

Chainlink (LINK), the decentralized oracle network supporting dApps, has been gaining significant attention in the cryptocurrency market. Following a notable surge, the digital asset is now aiming for further growth, with analysts forecasting a bullish trajectory and price targets reaching as high as $33.

Blockchain technology is being considered as a solution to prevent trading glitches like those experienced by the New York Stock Exchange (NYSE).

With U.S. financial markets on pause for Memorial Day, the crypto markets have had a relatively calm start to the week, except for one standout: Chainlink (LINK). As the 14th largest cryptocurrency by market cap, LINK has surged over 10% in the past day, now trading at $18.75, according to CoinGecko data.

The recent approval of spot Ether exchange-traded funds (ETFs) by the SEC on May 23 didn't extend Ether's recent rally, which saw a roughly 25% increase last week. However, it's noteworthy that the regulatory green light didn't prompt a sell-off either, suggesting that bullish sentiment for ETH hasn't waned significantly.