What's next for #Chainlink $LINK price after 30% gains in September? Even though Chainlink whales sell 1 million tokens, LINK price continues to rise, hinting at the dominance of bullish traders. It looks like Chainlink (LINK) price will be off to a positive start in October after recording a stellar 30% surge this month. However, underlying on-chain market data reveals mixed signals. Following a successful tokenization test with SWIFT in early September, Chainlink also announced on Wednesday the mainnet launch of its Cross-Chain Interoperability Protocol, the coinbase BASE layer2 blockchain. Will bullish speculative traders be able to capitalize on these historic commodity gains to overpower bearish whales in October? Chainlink price has generated 30% gains this month, going from $5.80 on August 31 to $7.90 on September 28. But despite the double-digit percentage gains, bullish traders in the LINK derivatives markets are looking to make more gains in October. According to data collected from CoinAlyze, Chainlink's open interest stood at $91 million as of the close of September 17. But since then, it has risen to $182 million as of September 28. This shows that speculative traders have achieved additional capital inflows worth $91 million in the last 10 trading days. An uptrend in open interest is a bullish signal, indicating an influx of new investors bringing fresh capital to the market. When open interest persistently rises, it suggests a prevailing belief among market participants that the current price direction will remain dominant. If this expectation is met, LINK price could extend its bullish performances into October and beyond. It is an analysis based on data and information, the following post is not financial advice.

Are you holding DeFi coins? What the Future Holds for Decentralised Finance (DeFi) Decentralised finance is one sector of cryptocurrency that has a lot of potential but has not been fully harnessed. DeFi is expected to gain more significant traction as more people and institutions understand its benefits. One might be asking, What's Defi? Decentralised Finance (DeFi) are financial services and applications that are built on blockchain technology, which aims to recreate and enhance traditional financial systems, such as banking, lending, borrowing, trading, and asset management, in a decentralised and permissionless manner. What's the future of DeFi? 1. Security: With the advancement in blockchain technology in the near future, DeFi applications will strengthen the security features of the crypto industry, making them resistant to fraud and hacking when implemented correctly. 2. Interoperability: Currently, most chains lack interoperability; one can't easily interact between two blockchains without undergoing a rigorous process and paying a high transaction fee, but many DeFi projects are designed to work together, allowing users to leverage multiple DeFi applications in a seamless manner. Decentralised finance will enable interoperability in the crypto industry. The future of DeFi looks even more promising, but not without challenges. How we handle these challenges will determine the outcome. #DeFiChallenge #FutureofDeFi

CHECK out These Are the Top 5 Best Performing Cryptocurrencies in September 2023🔥🔥 ‼READ NOW‼ Lets dive into the top 5 best performing cryptocurrencies in September 2023, according to the data provided by CoinMarketCap. Are these cryptos worth investing in ⁉️ 🔹️Kaspa (KAS) +28.53% Kaspa (KAS) is a promising cryptocurrency that has undergone immense growth recently. With its innovative technology and strong development team, KAS has quickly gained attention from investors looking for the next big thing in the crypto world. 🔹️FTX Token (FTT) +26.17% FTX Token (FTT) has been making waves in the cryptocurrency market, and it’s no surprise why. This innovative token is the native cryptocurrency of FTX, a popular cryptocurrency exchange known for its advanced trading features and impressive liquidity. 🔹️Chainlink (LINK) +20.15% Founded in 2017, Chainlink (LINK) has been one of the best-performing cryptocurrencies in September 2023. This decentralized oracle network has gained significant attention and popularity due to its unique approach to smart contracts. 🔹️Moonbeam (GLMR) +8.65% Moonbeam (GLMR) is a promising cryptocurrency that has been gaining momentum in the market. It is built on the Polkadot network, which is known for its interoperability and scalability features. GLMR aims to bridge different blockchains, allowing seamless transfer of assets and data across various platforms. 🔹️TRON (TRX) +8.63% TRON (TRX) is a cryptocurrency that has gained significant attention in the crypto market. It was created by Justin Sun in 2017, with the aim of revolutionizing the entertainment industry. TRON’s blockchain platform aims to decentralize content distribution and eliminate intermediaries, allowing creators to directly connect with their audience.

🤑 INCREDIBLE, these are the cryptocurrencies that have risen the most in price in the last hour: Quant (QNT): This cryptocurrency is the one that has grown the most in the market, with an impressive increase of 28.73% in the last hour. Quant is a project that seeks to connect different blockchain networks and facilitate interoperability between them. Solana (SOL): This cryptocurrency is in second place, with an increase of 17.64% in the last hour. $AVAX Avalanche (AVAX): This cryptocurrency is in third place, with a rise of 15.23% in the last hour. $LUNA Terra (LUNA): This cryptocurrency is in fourth place, with an increase of 14.82% in the last hour. $ADA Cardano (ADA): This cryptocurrency closes the top 5, with an increase of 13.41% in the last hour. #Criptomonedas #btc #sol #Binance

🚨💥🚨💥 EXPLOSIVE💥🚨💥🚨 #Chainlink $LINK Cross-Chain Interoperability Protocol (CCIP) Goes Live on Coinbase Layer 2 #Blockchain #Base “We are excited to launch CCIP on Base to enable developers to securely build cross-chain applications, allowing them to experiment more and unlock new use cases,” said Jesse Pollak, creator of Base. CCIP provides on-chain developers with a secure, easy-to-use interface to create secure applications that can send messages, transfer #tokens, and initiate actions on the LA blockchain. The protocol is powered by Chainlink decentralized#Oraclenetworks, which have a proven track record of securing tens of billions of dollars and enabling over $8 trillion in on-chain transaction value. #crypto2023 #cryptonews

As we enter the fourth quarter of 2023, it's crucial to assess potential cryptocurrency investments. And October is usually a game-changer month for crypto. This list presents seven cryptocurrencies to consider for October 2023, accompanied by explanations of their functionalities and potential price predictions. Please note that this is not financial advice but rather a selection of coins worth monitoring based on their current conditions, utility, and market sentiment. They are giving signals, and high players in the markets are giving signals for them. Casper (CSPR)Functionality: Casper stands out with its scalable proof-of-work technology. It offers a unique approach to blockchain technology, enabling it to process transactions efficiently and securely.Price: $0.0475Market Cap: $1 billionPrice Prediction: Casper's potential inclusion on major exchanges could drive its market cap to $100 billion or more. A conservative estimate suggests a price range of $1 to $3 during this bullish cycle.Ethereum (ETH)Functionality: Ethereum is a decentralized platform that supports smart contracts and decentralized applications (DApps). It plays a pivotal role in the DeFi (Decentralized Finance) and NFT (Non-Fungible Token) sectors.Price: $1,600Market Cap: $1.7 trillionPrice Prediction: Ethereum's price may surge to $8,000 to $10,000 if it successfully scales and if Bitcoin reaches a $2 trillion market cap.Quant (QNT)Functionality: Quant aims to connect different blockchain networks and traditional financial systems. Its Overledger technology facilitates interoperability and enables the development of multi-chain applications.Price: $88Market Cap: $15 billionPrice Prediction: Quant's unique utility and partnerships could drive its price to $1,000 or more during this bullish cycle.Hedera Hashgraph (HBAR)Functionality: Hedera Hashgraph offers a secure and efficient platform for decentralized applications. Its low transaction fees and scalability make it attractive for various use cases, including enterprise applications.Price: $0.50Market Cap: $22 billionPrice Prediction: HBAR could reach at least $1 this bull cycle due to its scalability and cost-effective technology.XRP (XRP)Functionality: XRP is well-known as a cross-border payment solution. Financial institutions use it to facilitate fast and cost-effective international money transfers.Price: $0.50Market Cap: $26.7 billionPrice Prediction: With growing institutional interest and its role in cross-border payments, XRP's price may reach $4 to $5 during this bullish cycle.Stellar (XLM)Functionality: Stellar focuses on person-to-person cross-border payments and offers a platform for tokenizing assets. It aims to make financial services more accessible worldwide.Price: $0.11Market Cap: $3.1 billionPrice Prediction: Stellar could achieve a price range of $1.50 to $2 this bull cycle, driven by its utility and nonprofit status.Render (RNDR)Functionality: Render is involved in rendering images, videos, and animations using AI technology. It has potential applications in blockchain gaming, Web 3.0, and various AI-related sectors.Price: $1.50Market Cap: $562 millionPrice Prediction: With untapped potential in AI, blockchain gaming, and rendering, Render could reach $15 to $20 this bull cycle. Please remember It's essential to conduct thorough research, diversify your investment portfolio, and establish clear exit strategies to manage risks effectively. Happy investing in October 2023! 🚀💰 #crypto2023 #cryptocurrency

Polkadot (DOT) Today Information Price: $4.08 USD 24-Hour Trading Volume: $104.53M USD Market Cap: $5.22B USD Circulating Supply: 1.23B DOT Max Supply: N/A Ranking: #13 (CoinMarketCap) Polkadot is a blockchain protocol that connects blockchains together, allowing them to communicate and interoperate with each other. This is known as cross-chain interoperability. Polkadot also allows for the creation of new custom blockchains, called parachains, which can be connected to the Polkadot network. The native token of the Polkadot network is DOT, which has a number of functions, including: Governance: DOT holders can vote on changes to the Polkadot protocol. Staking: DOT holders can stake their tokens to secure the network and earn rewards. Bonding: DOT is required to bond new parachains to the Polkadot network. Polkadot is still under development, but it has already made significant progress. A number of parachains have been launched on the Polkadot network, and the Polkadot ecosystem is growing rapidly. Is it good to invest in Polkadot now? Whether or not it is a good time to invest in Polkadot is a decision that each individual investor must make for themselves. However, there are a number of factors that investors may want to consider, including: Polkadot's technology is innovative and has the potential to revolutionize the blockchain industry. The Polkadot ecosystem is growing rapidly, and there is a lot of interest from developers and investors. Polkadot is still under development, and there are some risks associated with investing in an early-stage project. #crypto2023 #Binance $DOT

Blockchain bridge security and high-profile hacks: 1. Blockchain Bridging in DeFi: Blockchain bridges enable interoperability in decentralized finance (DeFi), allowing the transfer of digital assets between different blockchain networks. 2. Power and Risk: While bridges offer great potential, they have become prime targets for hacks, resulting in losses exceeding $2 billion in 2022. 3. Ronin Hack: The Ronin Bridge hack, orchestrated against Axie Infinity's sidechain, resulted in a $600 million theft through social engineering and compromised private keys. 4. Binance Hack: The Binance bridge hack exploited a bug, causing the loss of $570 million by tricking the contract's logic. 5. Wormhole Hack: Wormhole, connecting Solana to other blockchains, suffered an attack due to an outdated code function, resulting in the minting of 120,000 wETH tokens. 6. Nomad Hack: A misconfiguration in Nomad's main smart contract allowed unauthorized withdrawals, leading to $190 million in losses. 7. Harmony Hack: The Harmony bridge faced a $100 million hack due to compromised private keys and unauthorized transactions. 8. Bridge Vulnerabilities: Bridges are vulnerable due to centralized collateral, technical challenges, and open-source code, exposing them to scrutiny by hackers. 9. Security Measures: Developers can enhance bridge security through multi-signature technology, audits, an optimistic approach, and education to combat social engineering. 10. Conclusion: While blockchain bridges offer great promise, security remains paramount. Ongoing efforts and potential regulatory frameworks aim to strengthen the DeFi sector's security and user trust. #FutureofDeFi