• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result
Home ChainLink

Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million

Crypto News by Crypto News
January 16, 2021
in ChainLink, ChainLink (LINK), Chainlink (LINK) News, Chainlink Price Prediction, LINK Marines
0
Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Quick take:

  • The open interest on Chainlink futures contracts has hit an all-time high of $287 Million
  • Chainlink has just hit an all-time high of $22.67 – Binance rate
  • Chainlink has also had the highest day of active addresses in 5 months
  • LINK has the potential to keep moving up but its bullishness is hinged on Bitcoin’s stability

The aggregated open interest on Chainlink (LINK) futures contracts across major crypto exchanges, has just hit a new all-time high of $287 million. This is according to data from Bybt.com which indicates that the open interest has just hit $287.72 million as seen in the following chart courtesy of the tracking website.

Related articles

Chainlink’s Price Could Benefit from a Dormant Social Sentiment

Chainlink’s Price Could Benefit from a Dormant Social Sentiment

March 25, 2021
Chainlink Oracles to be Integrated by Filecoin (FIL)

Chainlink Oracles to be Integrated by Filecoin (FIL)

March 24, 2021

Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million 17

Chainlink Hits a New All-time High of $22.67

The record levels of open interest on Chainlink futures contracts come at a time when LINK has set a new all-time high of $22.67 – Binance rate. The new all-time high might be broken a few times this weekend if Bitcoin continues to provide the ideal environment for LINK to thrive. Trader and investor interest with respect to Chainlink is in high-gear and only a volatile Bitcoin can ruin the party.

Chainlink Experiences Highest Day in Active Addresses in 5 Months

The interest and excitement surrounding Chainlink is evident in the amount of daily active addresses. According to data from the team at Santiment, Chainlink has also had its highest day in active addresses in 5 months. The team at Santiment shared their observation of the Chainlink network via the following statement and accompanying chart.

The best kinds of All Time Highs are when projects like #Chainlink, which hit $22.42 today, are backed by great fundamental usage. With this historic achievement, our metrics indicate that $LINK had the highest day of active addresses in ~5 months.

Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million 18

Chainlink Could Continue on its Bullish Path for A few More Weeks

A closer look at the Chainlink daily chart reveals that LINK has the potential to repeat the bullishness witnessed between mid-July and mid-August last year. During this time period, LINK rallied hard to its previous all-time high of $20 due to LINK marines banding together in an attempt to liquidate Zeus Capital.

Therefore, using the past scenario as a template, LINK could thrive for another two to four weeks during which it could continually set and break new all-time highs.

As with all analyses of Chainlink, traders and investors are once again reminded that Bitcoin has to provide the ideal environment for LINK to thrive. Therefore keeping an eye out for any sudden BTC movements is advised when trading Chainlink.

Share76Tweet47

Related Posts

Chainlink’s Price Could Benefit from a Dormant Social Sentiment

Chainlink’s Price Could Benefit from a Dormant Social Sentiment

by Crypto News
March 25, 2021
0

In brief:Social media discussions surrounding Chainlink have been dormant since mid-FebruaryThis might be a good thing as digital assets usually...

Chainlink Oracles to be Integrated by Filecoin (FIL)

Chainlink Oracles to be Integrated by Filecoin (FIL)

by Crypto News
March 24, 2021
0

In brief:Filecoin (FIL) is in the process of integrating with ChainlinkThe move will create an end-to-end Web 3.0 development stack...

Theta Token Edges out LINK, LTC as Institutions Stake $100M in THETA

Theta Token Edges out LINK, LTC as Institutions Stake $100M in THETA

by Crypto News
March 24, 2021
0

Summary:Theta (THETA) is now a top ten digital asset in terms of market capTHETA is ranked 9th after edging out...

Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

by Crypto News
March 23, 2021
0

Summary:Zeus Capital has continued to rattle the Chainlink project, constantly insinuating it is a scamThe latest accusation is that the...

Chainlink Reserves on Crypto Exchanges Drop to 14.6% of Total Supply

by Crypto News
March 21, 2021
0

Summary:Chainlink reserves on crypto exchanges have dropped to 14.6% of the total supplyChainlink’s network has continued to grow for a...

Load More
  • Trending
  • Comments
  • Latest
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

February 6, 2021
Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

February 3, 2021

Mark Cuban Invests in Mintable

March 6, 2021
Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

February 17, 2021

NYDIG Brings Bitcoin to $6 Trillion Global Insurance Industry — Partners With Starr, Liberty Mutual, New York Life

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0

NYDIG Brings Bitcoin to $6 Trillion Global Insurance Industry — Partners With Starr, Liberty Mutual, New York Life

April 9, 2021

Ripple CTO Hints at XRP Ledger Upgrades to Enable an NFT Strategy

April 9, 2021

HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin

April 9, 2021

Bitcoin to zero? Not while this Redditor has $187,000 to spend

April 9, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Aave (AAVE)
  • Abra
  • Alt Season
  • altcoin
  • Altcoin Market Cap
  • Altcoin News
  • altcoin prices
  • altcoins
  • Altseason
  • Barstool Sports
  • Basic Attention Token (BAT)
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • Binance Smart Chain (BSC)
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • Bitcoin ETF
  • Bitcoin Futures
  • Bitcoin Miners
  • bitcoin network
  • Bitcoin Options
  • Bitcoin price
  • Bitcoin SV (BSV)
  • Bitfinex
  • BitGo
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • Cardano (ADA)
  • Cardano Upgrade
  • Cash app
  • CFTC
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Community
  • Chainlink Oracles
  • Chainlink Price Prediction
  • Changpeng Zhao
  • Charles Hoskinson
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinmarketcap
  • Commodity Futures Trading Commission
  • Consensys
  • Craig Wright
  • Crypto Exchanges
  • cryptocurrency
  • Dash (DASH)
  • Dave Portnoy
  • Decentraland (MANA)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Dogecoin (DOGE)
  • Electric Coin Company
  • Elon Musk
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Fees
  • Ethereum Futures
  • Ethereum Miners
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Filecoin (FIL)
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Grayscale Ethereum Trust (ETHE)
  • Grayscale Investments
  • Guide
  • Guides
  • Huobi
  • Institutional Investors
  • jack dorsey
  • Jay Z
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LINK)
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Maker (MKR)
  • Market
  • Michael Saylor
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • Moneygram
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • OKECoin
  • Other
  • Pantera Capital
  • Polkadot (DOT)
  • Polkadot Price Analysis
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Signal
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Square
  • Stimulus Bill
  • Stimulus Check
  • SushiSwap (SUSHI)
  • Tesla
  • Tether (USDT)
  • tether bitfinex lawsuit
  • Theta Network (THETA)
  • Theta Token
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Uniswap
  • UniSwap (UNI)
  • Wallets and Exchanges
  • WallStreetBets
  • Weiss Ratings
  • WhatsApp
  • World
  • Wrapped Bitcoin (WBTC)
  • XRP
  • XRP Army
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Youtube
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.