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top-crypto-news Cryptocurrencies

Chainlink’s LINK continues to rise and Tezos’ XTZ is also up 10% on June 9th.

June 9, 2022
Reading Time: 6 mins read
0
What is Chainlink?

Chainlink is a framework for building Decentralized Oracle Networks (DONs) that bring real-world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.

What is Tezos?

Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.

What is LINK?

LINK (LN) is a digital token created by Line Corporation is a subsidiary of the South Korean internet search giant Naver Corporation. LINK is the digital token that powers the LINE token economy. LINK can be used to pay for or receive benefits from various LINE service categories, such as content, commerce, social, gaming, and digital asset exchange. LINK holds a minimum value of USD 5 when used for payment within the LINE ecosystem, but can rise in value according to market conditions.

LINK de Chainlink continues to rise this June 9 following announcements of new updates to its network, but it comes with Tezos which also posted gains gains refer to an increase in value or profit. of 10% in the last 24 hours.

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***

Analysis sponsored by EurocoinPay
Analysis sponsored by EurocoinPay
  • LINK aumenta otro 11% en las últimas 24 horas.
  • XTZ is also on the rise and is up 10% from yesterday.
  • The main winner of the day is LUNC, token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. associated with Terra Classic.
  • On the contrary, LUNA de Earth 2.0 continues to fall and is at USD $2.9.

En medio del vaivén que ya es común por estas semanas en el mercado de las criptomonedas, LINK de Chainlink continues to be the talk of the town as it continues to increase in the main exchanges, accompanied on this occasion by Tezos ( XTZ ) which for this June 9th is also going up with a quite remarkable profit margin.

Chainlink y Tezos increase this June 9

But let’s start with Chainlink, whose token LINK is up at noon on June 9 and is trading at around USD $9.48 per unit, which corresponds to an increase of 11% in the last 24 hours.

The data published in our section CryptoMarkets and in CoinMarketCap reflect the fact that Chainlink continued the rise it had already seen yesterday, although the brightest moment of the day came between 3:00am and 5:00am (New York time), as it went from USD $8.53 to USD $9.2 in just two hours of trading. The rise continued in the following hours, and after a slight rebound it was above USD $9.4 per unit at the time of publication.

Chainlink price evolution this june 9th
Chainlink price evolution this june 9th

It is worth noting that this increase seems to give continuity to the increase that the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. was already registering yesterday, which would be associated with the announcements about the new updates for the network a network refers to all nodes in the operation of a blockchain at any given moment in time. of Chainlink, which would allow users to operate as validators through a fund staking participation in a proof-of-stake (PoS) system to put your tokens in to serve as a validator to the blockchain and receive rewards. system. LINK.

  • Chainlink’s LINK rises more than 11% after announcing updates to its roadmap a roadmap is a high-level visual summary that helps map out the vision as well as the direction of a specific product. on June 8

On the other side we have Tezos, whose currency XTZ is up 10% in the last 24 hours and at the time of writing is trading at around USD $8.68 per unit.

On this occasion, the data shows that the most important increase took place shortly after 2:00pm yesterday, going from USD $2.01 to USD $2.13 in just one hour of trading. It is also worth noting that after a slight drop, the price of XTZ rose again between 5:00am and 6:00am on June 9, and then increased again to reach the values mentioned above.

Tezos price evolution this June 9th
Tezos price evolution this June 9th

While Tezos has not particularly stood out these days after the uncertainty that shakes the market, an important fact is that in the last 24 hours its trading volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. increased by 84.36%, standing at the time of editing in about USD $172 million traded between yesterday and this June 9th.

State of the crypto market an area or arena, online or offline, in which commercial dealings are conducted. at this hour

Going back again with the current state of the crypto market, for this June 9 we have:

  • Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. ( BTC ) is trading at around USD $30.345, which keeps prices very similar to those seen yesterday.
  • Ethereum a decentralized open-source blockchain with smart contracts functionality. ( ETH ) is also slightly stable over the last 24 hours and is trading at exactly USD $1,812 at the time of writing. It does not appear that the launch ofThe Merge in the test network Ropsten has had a positive effect on its share price.
  • Oddly enough, the top winner of the day would be Terra Classic (LUNC), currency formerly known as MOON, which is up 29.8%, although this does not return it to its former glory as it is trading at around USD $0.00007 per unit.
  • LUNA of Terra 2.0 continues to fall and now stands at USD $2.9 per unit.

The most important news of the day

Below, we share with readers some of the most read news in the last 24 hours:

  • Billionaire Mike Novogratz remains bullish on cryptocurrencies, but predicts cryptocurrency bankruptcy
  • Influencer Jim Cramer says: “If you’re young and you’re thinking about cryptocurrencies, you’re smart.”
  • Binance announces BNB Chain upgrade coming this month
  • Do Kwon and Terraform Labs to testify before SEC for illegal sale of securities in Mirror Protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain.
  • Reports indicate that some 50,000 BTC have left major exchanges in the last two weeks.

To buy cryptocurrencies through DiarioBitcoin

We understand that this is a complex and especially sensitive time in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market, but if you are one of the people who see opportunities with the current prices, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital currencies.

If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency of interest. In addition to viewing its price, performance and other market data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. reputable in which to do business.

Buy your favorite cryptocurrencies via DiarioBitcoin
Buy your favorite cryptocurrencies through the buy button in DiarioBitcoin

We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.


With information from CryptoMarkets DailyBitcoin y CoinMarketCap

Analysis sponsored by EurocoinPay

Reporte de Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

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