The post Chainlink Explodes After Liberty Finance Backing, But DTX Exchange Still Leading Gains With ETF Trading appeared on BitcoinEthereumNews.com.

SPONSORED POST* The cryptocurrency marketplace continues to carry the latest trends of investments. Chainlink (LINK) is one of the lastest cases after receiving a large amount of backing from World Liberty Financial, a platform alleged to be really connected to the Trump Family. Amidst all this hype, however, DTX Exchange stands out, forever giving avenues to gains in the market to investors, especially through its innovative scheme on ETF trading. Investors are now wading through information on the various good-looking attributes of Chainlink that led to all that impressive investment and the resulting explosive growth, as well as why DTX Exchange still has to be extremely eye-catching in the crypto landscape despite other surrounding projects. Chainlink’s (LINK) Surge After Liberty Finance Backing   Chainlink is a DeFi platform that is widely recognized for its decentralized oracle network. It has been a critical player in supplying blockchain technology with real-world data (like prices and trends) for a while now, giving it a substantial level of utility.  However, the value of its token (LINK) saw a remarkable increase, thanks to World Liberty Financial’s strategic investment. For two consecutive days on Wednesday and Thursday, the financial giant purchased $1 million worth of LINK each day, making it thus their fourth largest crypto holding. Liberty Finance’s support underscores the growing importance of Chainlink’s technology in supporting decentralized finance (DeFi) platforms. World Liberty Financial is one of the platforms that utilizes Chainlink’s oracle network to obtain  secure and reliable data feeds. The platform is also committed to using LINK tokens to reward the node operators that retrieve the data.  With these developments, LINK has climbed over 15% in two days, capturing the attention of traders and long-term holders alike. This partnership also signals increased institutional confidence in LINK, which contributed to driving its price to heights…

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Filed under: News - @ December 16, 2024 9:30 pm