LINK Pitchfork Mid-Line target of $100 by March

10 feb 2021

LINK is still massively undervalued and the Pitchfork shows this out. The mid-line alone still has LINK in the $100 range by March.

If you don't think this is possible in LINK then I suggest you take a look at UNI's chart when it moved from $3 to $20 in the span of a couple weeks. Considering the spate of recent news out in LINK from:

1) NASDAQ ETF - https://www.theblockcrypto.com/post/94261/bermuda-crypto-etf-nasdaq-index-ambitions
2) China's BSN network integrating LINK on Mainnet - https://medium.com/irisnet-blog/irita-hub-completes-the-mainnet-integration-of-chainlink-oracles-on-bsn-c66f4aa36abc
3) Kraken launching a full LINK node for DeFi price feeds - https://www.theblockcrypto.com/linked/93235/kraken-own-chainlink-node-price-data-defi
4) Oracle Corp Executive confirming to me on twitter that they are still collaborating with LINK team on the project "Every Startup in the Blockchain with ChainLink and Oracle Cloud"
https://twitter.com/fribeiro1/status/1359251553564168194

The TA and the Fundamentals are strongly aligning for a massive move in LINK coming in the next 2-4 weeks. Stay tuned!

11 feb 2021

Nota

Deutsche Telekom - Top 3 Data Provider to ChainLink Network

“We were really jumping into something new, providing public blockchain infrastructure and having a token-natured business model on top of that,” he said. “So, of course, we started really small, with few data feeds. But then scaled rapidly, and by now, I think we are among the top three data providers at the moment on the Chainlink network.”

Chainlink’s system of data feeds, known as oracles, pipe information into the blockchain world of smart contracts, eliminating reliance on any single, centralized source.

“We are providing 51 data feeds right now,” said Gleb Dudka, an analyst at T-Systems. “We don’t handpick applications we provide data to, but examples would be Synthetix, a few decentralized exchanges, Nexus Mutual for insurance. The data is mostly digital asset prices, FX rates, and commodity prices like gold, silver, etc., and these mostly go to Synthetix.”

It’s only a matter of time until other big enterprise firms follow Deutsche Telekom’s example and run Chainlink nodes, said the network’s co-founder, Sergey Nazarov.

“Chainlink enables top infrastructure teams like T-Systems to monetize their globally distributed infrastructure and security expertise across the many chains already being served by Chainlink oracles,” Nazarov told CoinDesk via email.

“We are not doing Ethereum 2.0 staking yet,” said Dudka. The ETH (+4.53%) T-Systems buys is needed for Chainlink, he said, and has to be spent in order to sign transactions on the Ethereum public mainnet.

“There are quite a few networks in the pipeline that we plan to go live on,” Dittrich added. “Obviously, the bigger proof-of-stake networks are in there, be that Tezos, Polkadot, Ethereum 2.0, you name it.”

coindesk.com/chainlink-deutsche-telekom-staking-blockchains-flow