Bitcoin

Read

Chainlink

View

<div class="cryptonews">
 <p class="is-style-lead">Chainlink (LINK) is up 35% over the past three days, leading to a remarkable increase in social mentions as the community anticipates launching <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> v0.2.</p>
 <p>Chainlink is one of the largest movers in the recent market-wide rally. The asset has registered three impressive candlesticks over the past three days. LINK’s bullish momentum began on Oct. 20 when it recorded a 3.64% intraday increase.</p>
 <figure class="wp-block-image size-full"><picture decoding="async" class="wp-image-14207134">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/10/23/baf66382c63f028440eb7959f6146ff7.webp.webp">
   <img decoding="async" width="1130" height="602" src="https://cdn.thebittimes.com/images/2023/10/23/baf66382c63f028440eb7959f6146ff7.webp" alt="LINK price today | Source: Trading View"> 
  </picture>
  <figcaption class="wp-element-caption">
   LINK price today | Source: Trading View
  </figcaption>
 </figure>
 <p>Amid this 3.64% intraday rise, Chainlink broke above the 21-day EMA at $7.346, signaling growing bullish momentum. Since then, the asset has registered more gains, breaking past two psychological thresholds in a 17.75% upsurge on Oct. 21.&nbsp;</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Head of Binance payment processor resigns
 </div>
 <p>As the rally persisted, Chainlink broke above the $10 price point on Oct. 22 for the first time this year. LINK sustained the rally this morning, trading at a 16-month high of $10.41 at the time of reporting.</p>
 <p>Notably, this continued uptick has triggered a massive increase in Chainlink’s social mentions, making it the second trending asset in the market, only behind Bitcoin (BTC), per CMC data. These increased mentions have also compounded interest in the asset.</p>
 <h2 class="wp-block-heading" id="chainlink-staking-v0-2-to-go-live-later-this-year">Chainlink staking v0.2 to go live later this year</h2>
 <p>In addition, the favorable metrics coincide with an update on the launch of LINK <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> v0.2. With two months to go, the team behind the protocol aims to introduce the Chainlink v0.2 this year. This latest release builds on its predecessor, v0.1, unveiled in December 2022.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">#Chainlink Staking v0.2 is launching later this year ⬡<br><br>Built upon the foundation set with the v0.1 release last December, v0.2 is the introduction of new <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> platform:<br><br>– Unbonding Mechanism: Stakers are not locked in but rather can initiate a withdraw at any time<br><br>– Liquid… pic.twitter.com/aQgKZhOaXn</p>— ChainLinkGod.eth (@ChainLinkGod) October 23, 2023
   </blockquote>
  </div>
 </figure>
 <p>Chainlink Staking v0.2 brings an array of new <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> to bolster user experience. It offers greater flexibility to stakers, allowing them to initiate withdrawals at any time without constraints.&nbsp;</p>
 <p>The update also brings “Liquid Rewards” to the scene, allowing stakers to claim their rewards without penalties as soon as they become claimable.</p>
 <p>The update would also improve the “Stake Slashing” mechanism, which occurs if an alert comes up. Node operators may see some of their stake slashed, but community stakers will remain unscathed in v0.2.<br>Chainlink is also rolling out a “Modular Architecture,” making adding new Oracle services to <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> v0.2 easier without the need for migration from stakers. In addition, “Dynamic Rewards” allows the incorporation of new sources of rewards, such as user fees.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> FBI charges 6 for running $30m crypto ring
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/chainlink-up-35-in-3-days-amid-upcoming-staking-v0-2-tbt67378.html">https://thebittimes.com/chainlink-up-35-in-3-days-amid-upcoming-staking-v0-2-tbt67378.html</a></p>

Chainlink up 35% in 3 days amid upcoming staking v0.2

Table of Contents

TheBitTimes

Other articles published on Oct 23, 2023

History And Analysts Predict Further Rally In Bitcoin: Bloomberg

ERC20 (ERC20) Price Prediction 2024, 2025, 2030, 2040, and 2050

The price of bitcoin breaks $30K, potentially opening doors for SOL, LINK, AAVE, and STX.

5 Altcoin Menjulang, BTC Memuncak di US$31 Ribu

Is Brazil about to solve the biggest problem in digital currency?

Attorney Forecasts 3% Chance of Success for SEC’s Appeal in Ongoing Ripple Lawsuit

Join our free newsletter for daily crypto updates!