Chainlink – The Next 100x Gem Altcoin – Where LINK Price May Reach by Q1 2023

Chainlink: The Next 100x Gem Altcoin

• The LINK price has rebounded fairly after withstanding the bearish pressure to a large extent.
• Whale activity is soaring high, indicating the price will remain elevated in the coming days.
• Chainlink is called the oracle of the blockchains and could become one of 100x gems in the near future.

Price Rebound of LINK

The past weekend was more fruitful as Bitcoin’s price soared beyond $28,000, uplifting the entire crypto space. Although star crypto is undergoing a minor correction, there remains a strong bullish trend still prevailing. In tandem with this, traders have shifted their focus to one of the top altcoins – Chainlink (LINK). The LINK price has surged by more than 25% in the past week which suggests that it may become one of the top 100x gems in the near future.

Whale Activity

As prices gain momentum, whales are beginning to accumulate LINK tokens at an accelerated rate; more than 2 million tokens worth over $18.5 million have been accumulated recently by 30 new addresses (which may refer to whales holding 1% of its circulating supply). This indicates a healthy whale accumulation and serves as a bullish indicator for upcoming trends.

Price Consolidation and Projection

The LINK price has been consolidating within pre-determined ranges for some time now and with current rebounds could soon surpass interim highs of $7.89. The RSI is rising steadily as buying volume accumulates heavily suggesting that it could surge beyond $9 soon enough.


In conclusion, Chainlink appears poised to reach greater heights given its consistent performance amid market volatility and increasing whale activity – making it a prime candidate for becoming one of the next 100x gems in cryptocurrencies.

USDC De-pegged: Binance and Coinbase Take Action, Is Collapse Next?

• Coinbase and Binance, two of the world’s largest cryptocurrency exchanges, have taken action in response to Circle’s stablecoin, USD Coin (USDC), suffering a de-peg following the collapse of Silicon Valley Bank (SVB).
• Coinbase has temporarily halted its USDC to USD conversion and requested that users wait until Monday when banks will reopen. Meanwhile, Binance has taken a different approach by adding several new stablecoin trading pairs and running fee promotions.
• USDC has dropped from its $1 peg and is currently exchanging hands at $0.89 at press time. This depeg has caused rising fears among crypto market participants and concerns that USDC may suffer the same fate as Tether’s USDT.

Coinbase Halts USDC Conversion

Coinbase, one of the world’s largest cryptocurrency exchanges, has temporarily halted its USDC to USD conversion due to heightened market activity resulting in withdrawals through banks. The exchange requested that users wait until Monday when banks will open before converting back their currency.

Binance Adds Stablecoin Trading Pairs

In contrast to Coinbase’s decision, Binancehas responded by adding several new stablecoin trading pairs with fee promotions and offers for users. These include BTC/TUSD, ETH/TUSD, TUSD/USDT, USDC/USDT and USDP/USDT spot trading pairs which will be available on March 11th at 14:00 UTC.

Circle Receives Substantial Deposits of USDC

Data from Lookonchain reveals that several crypto institutions have made substantial deposits of USDC into Circle or bought back USD in the past 24 hours. Coinbase alone deposited $1.97 billion into Circle while an unknown organization with addresses starting with “0x3356” transferred significant amounts of USDC across platforms. This may be an attempt to stabilize the value of their crypto holdings amidst market fluctuations.

USDC Depegged from $1 Peg

USDC suffered a de-peg from its original $1 peg and is now exchanging hands at $0.89 according to current data rates on coinmarketcap . This has caused rising FUD among crypto market participants who are concerned that it may share a similar fate as Tether’s USDT coin which experienced a major collapse not too long ago due to lack of transparency regarding finances backing it up..


The suspension of conversions on Coinbase coupled with Binance’s new spot trading pairs are attempts by both exchanges to respond quickly yet effectively towards this situation concerning Circle’s stablecoin, USDC , suffering a de-peg following SVB’s collapse . Whether these decisions will prove effective remains unclear but this is certainly an issue many investors are keeping close tabs on given how critical trust is within the cryptocurrency community .

ConsenSys Launches Revolutionary zkEVM for Ultra-Secure Ethereum Settlements

• ConsenSys, one of the leading blockchain development firms, has announced the launch of its zkEVM (Zero-Knowledge Ethereum Virtual Machine) on the public testnet.
• Developed over four years, the zkEVM is expected to provide speedy finality, high throughput, and enhanced security for settlements on the Ethereum blockchain.
• The zkEVM results from a collaborative effort between various teams that have been designed to streamline the development process and reduce onboarding times for developers.

ConsenSys Launches Revolutionary zkEVM

ConsenSys, one of the leading blockchain development firms, has recently announced the launch of its Zero-Knowledge Ethereum Virtual Machine (zkEVM) on a public testnet. The zkEVM is expected to deliver a new level of security and privacy to Ethereum settlements.

Features Of The zkEVM

The launch marks a significant step forward in ConsenSys‘ ongoing efforts to advance blockchain technology and bring greater scalability to the Ethereum ecosystem. Developed over four years, the zkEVM offers features such as speedy finality, high throughput, and enhanced security for transactions on the Ethereum blockchain. It also allows Solidity developers to build, test, and launch DApps while putting the technology at scale.

Private Beta Testing

During Q4 of 2022, a private beta version was made available to select users who enabled over 350K transactions to be processed by leveraging various decentralized applications (DApps). This exclusive access helped evaluate how well these technologies worked at scale before rolling out onto an open-source platform like mainnet or testnet.

Collaborative Effort Behind The Launch

The upcoming release is driven by a collaborative effort between various teams including Infura, Truffle & MetaMask along with developers working on Besu & Gnark projects. The rollup has been designed keeping in mind that it should streamline development process & reduce onboarding times for developers while providing additional levels of security measures when it comes to processing transactions via smart contracts on blockchains like Ethereum or any other given platform/blockchain protocol that supports this type of virtual machine code execution model(s).


With its upcoming launch onto a public testnet during March 28th 2021 , ConsenSys’s Zero Knowledge Virtual Machine will offer an unprecedented level of secure transactions within decentralized web applications running atop an immutable ledger like Ethereum or any other similar based platforms .

Stake ETH Now: How to Thrive Despite SEC Crackdown on Staking Services

• The SEC recently issued a fine of $30 million to Kraken for its staking service, causing shockwaves throughout the cryptocurrency market.
• Despite the SEC crackdown on centralized staking services, individuals can still stake their own Ethereum tokens or use decentralized staking services.
• This could promote decentralization and support the original goals of cryptocurrency.

SEC Crackdown on Staking Services

The Securities and Exchange Commission (SEC) recently took aggressive action against Kraken for its staking service, issuing a $30 million fine as a result. This has caused shockwaves across the cryptocurrency market and led some to believe that Ethereum may be classified as a security if it continues to offer staking services.

How Has It Affected Staking?

The SEC’s crackdown has affected centralized staking services, which could have been beneficial for individual investors in the long term. However, this might actually be positive for the industry in the long run as it promotes decentralization and distribution of cryptocurrencies – one of their main principles when they were created.

Alternatives to Centralized Stakes

Individuals can still stake their own Ethereum tokens or use decentralized staking services without being subject to SEC regulations. Running a single node directly on the Ethereum network is another alternative but requires technical expertise and carries risks if done incorrectly.

Merge: A Pinnacle Accomplishment

Ethereum had a proof-of-stake blockchain conversion as part of The Merge last year, changing from a proof-of-work blockchain – widely recognized as one of the pinnacle accomplishments of the cryptocurrency sector.

Conclusion Overall, while individuals are still able to stake ETH tokens through decentralized methods, this latest action by regulators has raised many questions about whether Ethereum will be considered a security if it continues offering staking services going forward.

Erth Points: The Revolutionary Cryptocurrency Revolutionizing ESG Obligations

• Erth Points is a next-generation cryptocurrency designed to revolutionize environmental, social and governance (ESG) obligations.
• It works by sending micropayments to the customer as a reward point, supporting the community, or repairing environmental damage.
• Erth Points combines solving ESG with Rewards Points and trades on 4 Crypto exchanges.

What are Erth Points?

Erth Points is the next-generation Cryptocurrency in a league of its own; it’s a Clykto-Currency with more utility and productive worldwide applications than all other Cryptos combined. It has completed multiple test projects and is on the cusp of taking its home country of Australia and then the world, and it is helping to save the world.

How Does Erth Points Work?

The Erth Points system enables a portion of each purchase from potentially every business worldwide to satisfy their ESG (Environmental, Social, Governance) obligations. Sending micropayments to the customer as a reward point, supporting the community, repairing environmental damage or saving the Planet while benefiting all parties such as businesses and customers. Furthermore, businesses already spend hundreds of Billions on satisfying their ESG obligations plus much more on marketing and advertising which can be combined with rewards points using this patented system.

Are Erth Points Tax Deductible?

If used for their intended purpose, Erth points should be tax deductible for businesses; they also have a legal opinion that they are not a security in the USA as per SEC legislation, which puts them in an elite club with only BTC and ETH.

Where Can I Trade Erth Points?

Erth points trade on 4 Crypto exchanges and are part of a solid business model that is not susceptible to manipulation or fraudulence.


Erth Points is an innovative cryptocurrency designed to revolutionize environmental social governance obligations while providing rewards points for businesses marketing needs. It trades on 4 crypto exchanges has legal opinion confirming it’s not classified as security under US law making it one of the most secure cryptos available today

Bitcoin Price Set to Soar to ATH Following Fetch.Ai (FET) Rally

• Bitcoin has been displaying a bullish trend since reaching $24,000 last week.
• (FET) has seen a 300% increase in value year-to-date due to its open, decentralized machine learning network and cryptographic economy.
• CrediBull believes an ATH by the end of this year is highly plausible if the Bitcoin price follows the footsteps of

Bitcoin’s Bullish Trend

The Bitcoin price has been displaying a bullish trend, characterized by higher highs and higher lows, since reaching $24,000 last week. Despite current market indicators suggesting neutrality, potential volatility could drive the price to a new all-time high. The bullish sentiment is on the brink of overtaking the weekly bearish momentum, should the upward trend persist in the coming weeks. Additionally, the cryptocurrency market has recovered to pre-FTX levels following a recovery rally in January.

Explosive Growth of Fetch (FET) (FET) has seen a remarkable 300% increase in value year-to-date, according to recent crypto market data. Founded in 2017, Fetch.AI is an AI-focused organization that has developed an open, decentralized machine learning network with a cryptographic economy. The network has made significant advancements, including inter-blockchain communication capabilities with the Capricorn upgrade which has drawn significant attention from both the cryptocurrency community and institutional investors leading to an increase in its price since November/December of last year..

Possible BTC Price Rally

A crypto analyst CrediBull thinks an ATH (all time high) by the end of this year is highly plausible if Bitcoin follows Fetch’s footsteps and continues its current upward trend into February and beyond.. However, he indicated that before this happens there might be some correction in Bitcoin prices which could lead to some drops like those seen during mid December 2020 when it went below $19k for some time period after peaking around $20k earlier that month..

Market Conditions for BTC

The Bitcoin market is at a crucial point after trading more than five months below its 200D MA (Moving Average). With its 50 and 200WMA glaring at possible dreaded death cross formation , bulls must push over $25k for invalidating any chance of crash or market correction .


In conclusion , 2021 looks set up to be another great year for cryptocurrencies like Bitcoin , Ethereum , Litecoin etc as investors are trying their best to keep pushing prices above their historical highs . Although there may be some corrections along way but if things go as predicted then we can expect new all time highs sooner rather than later ..

China’s Growing Crypto Embrace: A Boost for the Global Market

• People’s Republic of China has been hostile to the crypto market in the past decade
• Justin Sun, the Permanent Representative of Grenada to the WTO, has predicted that crypto adoption in China is imminent with the recent implementation of a 20% personal income tax on all crypto profits
• The implementation of a tax on crypto transactions signals China’s increasing embrace of cryptocurrencies, which is expected to benefit the global crypto market

The People’s Republic of China has been notoriously hostile towards the crypto market in the past decade, ranging from the miners‘ ban to the crypto trading ban. However, Justin Sun – the Permanent Representative of Grenada to the WTO and the founder of Tron Foundation – has recently predicted that crypto adoption in China is imminent.

This prediction came after the implementation of a personal income tax of 20% on all crypto profits. This tax is expected to provide clear regulations for the global crypto market, when accountability is needed more than ever. Sun commented that “the crypto tax in China is a positive development for the global cryptocurrency market and may set a precedent for other countries to follow.” He added that the Tron ecosystem and Huobi crypto exchange have been instrumental in driving the growth and development of blockchain technology in China.

The Chinese government is also making moves to support the crypto industry, such as the recent authorization of five crypto exchanges by the Cyberspace Administration of China. Furthermore, the government is exploring the potential of a new digital yuan, which is expected to be backed by blockchain technology and could potentially be used to settle international payments.

In addition, China is making efforts to strengthen the crypto market by creating a regulatory sandbox for digital currency projects. This sandbox will enable companies to receive support and guidance from the Chinese government in developing their products and services. These efforts will help to create a more secure and transparent market for digital assets.

Ultimately, the recent developments in the Chinese crypto market are highly encouraging and suggest that the government is becoming more open to the idea of crypto adoption. This could have a positive effect on the global crypto market and could potentially lead to increased adoption and innovation in the industry.

SHIB Token Price Needs Correction To Prevent Whales from Losing Interest

• Shiba Inu (SHIB) is the world’s second-largest meme token, and its price has been increasing along with the rest of the cryptocurrency market.
• Whales have been showing a significant amount of interest in the token, but there is a need for a brief correction in order to cool down SHIB and the market as a whole.
• The burn rate of SHIB tokens has returned to the levels that are typically observed when the network is operating normally.

The price of Shiba Inu (SHIB), which is the world’s second-largest meme token, has been increasing along with the rest of the cryptocurrency market. In the previous twenty-four hours, the token’s value has increased by 3.6%, while in the past seven days, it has decreased by 3.75%.

This increase in the price of SHIB has caught the attention of whales, who have been showing a significant amount of interest in the token. However, with the current market situation, there is a need for a brief correction in order to cool down SHIB and the market as a whole.

On the 26th of January, there was a significant reduction in the number of SHIB tokens that were burnt on the network, which could have been seen as a signal of declining network activity. Thankfully, the burn rate has now returned to the levels that we typically observe when the network is operating normally.

SHIB failed to push through the protracted downward trend and made a U-turn at the three-month regression line. If the current trend on the market continues, the meme token will revert to the downward movement dynamic. This could make whales less interested in the token, as they would expect a decrease in the price.

In order to prevent a downward trend in the SHIB token price, it is important to ensure that the network activity remains high. This means that more tokens need to be burnt on the network, as well as more transactions taking place. This can be done through a variety of methods, such as incentivizing users with rewards for participating in the network.

Ultimately, the price of SHIB will depend on the activity of the network and the interest of the whales. If the whales are no longer interested in the token, then the price will likely decrease. However, if the network activity remains high and the whales continue to show interest in the token, then the price of SHIB should remain stable.

Fed’s Upcoming Policy Changes May Trigger Bitcoin Bull Run

• Bitcoin’s price is highly sensitive to fluctuations in the availability of US dollars across the world.
• Experts speculate on the probable influence of the upcoming monetary policy adjustments by the Federal Reserve on the cryptocurrency market, particularly on the price of Bitcoin.
• If the Federal Reserve follows through with a policy move, some analysts believe it might sustain the current advance in Bitcoin and spark a secular bull market.

The Federal Reserve’s upcoming monetary policy adjustments are set to have a major impact on the future of the cryptocurrency market, particularly on the price of Bitcoin. As the world’s reserve currency, the US dollar has a large influence on the value of Bitcoin and its movements. In recent times, the market has been showing signs of expecting a change in the Federal Reserve’s stance on monetary policy.

This has been reflected in the performance of Bitcoin, which has seen its value increase by nearly 9% in the last twenty-four hours, taking it to its highest level since February. The majority of the crypto market has also been in the green, with the global crypto market moving above $1 trillion for the first time in a while.

Traders have been paving the way for the new Bitcoin gains amid worries of a severe drop, with the current advance in Bitcoin being seen as a sign of hope for a possible secular bull market. If the Federal Reserve follows through with a policy move, some analysts believe it might sustain the current advance, and potentially spark a new boom in the cryptocurrency market.

However, this is not without risks. Any changes in the Federal Reserve’s stance could have a significant impact on the availability of US dollars, and therefore the price and movement of Bitcoin. This could lead to a rapid and significant drop in the value of Bitcoin.

It is clear that the future of Bitcoin and the cryptocurrency market will be heavily dependent on the Federal Reserve’s upcoming policy decisions. As investors and traders keep a close eye on the news, they will be hoping that the Federal Reserve will make the right moves to ensure that the current gains in Bitcoin and the crypto market are sustained, and that the market will be able to reach even greater heights.

Ripple vs. SEC: Court Decision Nearing as Briefs Submitted

• The ongoing Ripple-SEC case has been fully briefed, with the judge’s decision expected soon.
• Ripple CEO Brad Garlinghouse expressed hope at Davos that the case will be resolved in 2023, maybe even in the first half.
• He estimated that a decision could be made as early as June.

The ongoing legal dispute between Ripple and the Securities and Exchange Commission (SEC) is one of the most prominent cases in the cryptocurrency space. After a year of speculation, the two sides have finally submitted their final round of briefs to the court, asking for summary judgement. This has sparked hope that the case may soon be resolved.

At the World Economic Forum in Davos, Ripple CEO Brad Garlinghouse expressed optimism that the SEC lawsuit would be settled in 2023, and possibly even in the first half of the year. He stated that he believes the court will make a decision in the coming „single-digit months“, potentially as early as June.

The dispute centers around the issue of whether XRP, Ripple’s digital asset, should be classified as a security. If the court rules in favour of the SEC, it could have significant implications, not just for Ripple, but for the entire cryptocurrency industry.

The court has yet to make a decision, and it remains to be seen how the case will play out. However, the fact that both sides have submitted their briefs is a sign that the case is moving forward and may soon come to a conclusion.

Regardless of the outcome, the case has already shed light on the need for clearer regulations surrounding digital assets. It has also sparked debate on the issue of whether or not XRP should be considered a security. Whatever the court decides, it is sure to have long-lasting implications for Ripple, the crypto industry, and the SEC.