Analysts Make Bullish Call For Grayscale To List Chainlink Following XRP’s Removal

Analysts Make Bullish Call For Grayscale To List Chainlink Following XRP’s Removal
фото показано с : zycrypto.com

2021-1-9 14:46

While the XRP community ponders on what the future holds for the cryptocurrency which has now been wiped out from a handful of exchanges and investment platforms like Grayscale, a substantial part of crypto-twitter is already clamoring for the replacement of XRP with Chainlink (LINK).

“It’s a great time for Grayscale to add Link to their holdings” tweeted one trader. Another user is quoted saying “Now that Grayscale has removed XRP I think it’s only right that they list Link”. This general sentiment shared among some crypto-users could result in sending LINK to new highs should Grayscale follow through.

Another popular Ethereum supporter extended praise to Gemini exchange instead, for maintaining prudence as it didn’t list XRP and EOS. In his words; “I think Gemini deserves more praise for the prudency behind which assets it lists. Gemini never listed XRP, EOS, or any other dubious asset that could potentially harm the uninformed investor All assets on Gemini are totally legit IMO, which is hard to come by! Props, Gemini!”

While some fear that LINK may face the same fate if listed on Grayscale, the inclusion of Chainlink to a leading investment platform could potentially send LINK to new highs as this will open its doors to thousands of investors, as it did for Bitcoin (BTC) and Ethereum (ETH). Some users argue that Chainlink is yet to qualify for a Grayscale listing, but with investment interest surging and with LINK being termed as one of DeFi’s most disruptive tokens, Chainlink could gain way more recognition with time.

Chainlink being one of the most talked-about cryptocurrencies was a market favorite in 2020. Although market enthusiasm took a back seat as the DeFi hype lessened, LINK is still one of the most sought after DeFi token.

The last 48 hours saw Chainlink make an impressive 25% upsurge that kept it above $15. The charts signaled that Chainlink could face possible resistance at $16 after the bulls broke the major bearish trend at $12.50. At press time price, LINK trades at $16.16 and has been up by 38% within the last 7 days.

LINKUSD Chart By TradingView

Although LINK has been on a parabolic bullish rise these past few weeks, the market trends still suggest that it could potentially trade sideways. Regardless, analysts are yet to make a backpedal on their $20 prediction for the year. With demand for DeFi staying afloat, there’s no telling how far Chainlink and its counterparts can go.

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xrp grayscale link chainlink like part substantial

Источник: zycrypto.com

xrp grayscale → Результатов: 53


Grayscale Confirms Liquidation of Its XRP Trust; Forced By SEC Legal Battle With Ripple

Grayscale has successfully sold off all XRP Investment Trust shares. The preemptive action is due to an industry-wide dissociation from XRP, following the SEC's suit. Grayscale Investments has confirmed its dissolution of all XRP holdings, marking yet another company dissociating itself from the embattled digital asset at a dire time.

2021-1-14 16:44


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2021-1-14 11:11


Grayscale сообщили о ликвидации инвестиционного траста на базе XRP

Компания по управлению цифровыми активами Grayscale Investments анонсировала ликвидацию своего инвестиционного траста на базе XRP. Согласно пресс-релизу, на решение Grayscale повлиял иск Комиссии по ценным бумагам и биржам США (SEC) к эмитирующей XRP компании Ripple.

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Grayscale запустит телевизионную кампанию о Ripple XRP

Фирма Grayscale запустит телевизионную кампанию в том числе и о Ripple XRP, чтобы информировать людей о криптовалюте. Grayscale запустит телевизионную кампанию о разных криптовалютах, среди которых в том числе и Ripple XRP.

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Grayscale снижает долю XRP, BCH и LTC в своем фонде

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2019-11-21 19:35


FINRA approves Grayscale DLC; basket includes Bitcoin, Ethereum, XRP

Grayscale Investments got a green light from FINRA for a publicly-quoted security that derives its value from a basket of digital currencies, similar to ETF. The news was made official through a press release, which read, “Shares of Grayscale® Digital Large Cap Fund (DLC) have received approval from FINRA for public quotation under symbol: GDLCF […] The post FINRA approves Grayscale DLC; basket includes Bitcoin, Ethereum, XRP appeared first on AMBCrypto.

2019-10-15 21:30


XRP flirts close to descending triangle base; squeeze to prolong altcoin descent

XRP is feeling the squeeze. The past week was a roller coaster for XRP. A ratings council consisting of cryptocurrency exchanges like Coinbase, Kraken and Bittrex, and institutional players like Grayscale, DW Trading and Genesis Trading stated that XRP used “securities-like language,” and that it is more akin to being classified as a “security,” than […] The post XRP flirts close to descending triangle base; squeeze to prolong altcoin descent appeared first on AMBCrypto.

2019-10-5 14:30


XRP Rated as Security while Bitcoin, Litecoin, & Monero has the Least Score: Crypto Rating Council

Cryptocurrency exchanges and investment platforms have taken it upon themselves to determine which crypto asset is a security and which isn’t. Coinbase, Kraken, Bittrex, Circle, Genesis, Grayscale, DRW Cumberland, and Anchorage have come together to create the Crypto Rating Council to decide which digital assets can and cannot trade on their platforms. The framework results […]

2019-10-1 21:54


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Grayscale Reports $3.2 Million Average Weekly Investments in Bitcoin Trust

The first quarter of 2019 was bullish for the digital asset management firm Grayscale Investments and the company is gearing up to have another run. According to a first quarter “Digital Asset Investment Report” from the company, published on May 13, 2019, product inflows from Grayscale Investments grew by 42 percent over Q4 2018.

2019-5-15 19:23


Grayscale Q1 Report: Bitcoin Dominance Increases By 1.5%, XRP Share Cuts Down Exclusively By 2.7%

Grayscale Q1 Report: Bitcoin Dominance Increased By 1.5% While XRP Share Cuts Down Exclusively By 2.7% Grayscale, the digital asset manager’s Q1 report reveals the highest increase in the weight of Bitcoin (BTC) followed by Litecoin (LTC) in contrast with the sole deduction of the biggest percentage in the XRP share. The report for the […]

2019-4-7 23:13


Grayscale Investments: Институциональные инвесторы переключаются на XRP

Компания Grayscale Investments, запущенная Digital Currency Group в сентябре 2013 года, стала крупным игроком финансового пространства, оказывающим значительное влияние на рынок цифровых валют. Она управляет криптовалютными инвестиционными трастовыми фондами, работающими на внебиржевом рынке (OT...

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2018-7-10 16:19


Grayscale Investments запустит криптовалютный фонд на основе ZenCash

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