NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Chainlink’s Unstoppable Rally Has It Dominating These Top Crypto Exchanges

Tony "The Bull" Severino
Tony "The Bull" Severino
4 years ago
2 mins read
chainlink crypto exchanges

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Chainlink has the entire cryptocurrency standing at attention and taking note as the asset enters price discovery mode and sets new high after high.

Along the way, the superstar altcoin has stolen the limelight from Bitcoin, dominating most top cryptocurrency exchanges in trading volume.

Chainlink Goes Parabolic, Price Discovery Mode Sets New ATH Each Day

Chainlink was the top-performing cryptocurrency the last two years running, but it is 2020 where the asset has shined the brightest yet.

The altcoin’s year-to-date performance nears 400% thus far, and we’re barely halfway through the year at this point.

Related Reading | Small Cap Altcoins Have Outperformed Bitcoin By 5x in 2020

After setting a new all-time high recently, the crypto asset has entered price discovery mode and each new passing day breaks the previous day’s record.

Not even highly accurate sell signals across the altcoin have not been able to slow Chainlink’s parabolic rally.

Along with surging prices, the altcoin is also dominating most top cryptocurrency exchanges at the moment. Chainlink is even beating Bitcoin in daily trading volume, showing how strong the interest is in the asset.

LINKUSD Trading Volume Beats Bitcoin And Others On Top Crypto Exchanges

Cryptocurrencies are speculative assets driven by hype and promise. The more hyped a coin, the more successfully it performs.

This is exactly how things were during the crypto bubble before it had burst. But the resulting drawdown kept sentiment in the gutter. Chainlink, however, arrived after the bubble popped, and never experienced the negativity the rest of the space did.

It’s kept Chainlink climbing to the top of the crypto market top 100 over the course of the last two years. The altcoin has now entered the top ten cryptocurrencies by market cap, unseating both Litecoin and Binance Coin.

Related Reading | Alt Season: ‘Altcoins’ Search Volume Surges On Google Trends

There’s no arguing just how powerful hype can act sending an asset parabolic, but this showing by Chainlink is shocking even for the cryptocurrency market.

As a result of the positive buzz and outrageous returns surrounding the asset, LINKUSD trading volume is now dominating Bitcoin at the popular cryptocurrency exchange Coinbase.

Chainlink normally accounts for just 5% of Bitcoin’s trading volume on the platform but has since overtaken the number one cryptocurrency.

Another big day for the $LINK Marines as bull run continues. 15% of @Gemini's total volume today is $LINK/USD. Wow.

— Tyler Winklevoss (@tyler) July 13, 2020

On another US-based cryptocurrency exchange, Gemini, LINKUSD represented 15% of the platform’s entire daily trading volume.

Volume proceeds price, as the saying goes, and volume is only rising. Although the asset has already performed so well, the incredible hype and growing volume could propel prices even higher in the weeks ahead.

When a cryptocurrency or any asset enters price discovery mode, there’s no horizontal resistance to deal with, only psychological levels and potentially fib extensions. This means that new records can be set, and the asset theoretically has no cap on how high it can go.

It’s this reason that is also driving the massive interest behind the altcoin.

Tweet123Share208ShareSend
Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Snorter 募資達 160 萬 打造更聰明的迷因幣量化機器人

全新原生於 Telegram 的交易機器人項目Snorter Token (SNORT) 已在預售階段成功募資 160 萬美元,全程不靠過度炒作或虛假承諾。 Snorter 不賣幻想,它提供的是交易真...

estherw 3 hours ago
Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout

Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout

Ethereum is consolidating above the $2,500 mark, showing resilience amid broader market uncertainty. While bulls have successfully flipped $2,500 from...

Sebastian Villafuerte 5 hours ago
Ethereum

Ethereum ETF Inflows Hit 8-Week Streak—Institutions Still Buying

Data shows the US Ethereum spot ETFs have seen net inflows for eight consecutive weeks now, a sign of continued...

Keshav Verma 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

ビットコイン23万ドル予測、注目の仮想通貨プレセールにも期待高まる

Фьючерсы на биткоин восстанавливаются, но сигналы Price Action вызывают опасения

lisachaikina 22 minutes ago
Bitcoin

Bitcoin Bull Flag Breakout Confirmed — What Happens Next?

Sandra White 1 hour ago
Bitcoin Price Respects Support Zone

Bitcoin Price Respects Support Zone — Bulls Eye Fresh Rally

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • 🚀CRYPTO MINING FIRM launches an APP cloud mining...

    2 hours ago
  • Felpörgő alternatív kriptovaluta a Dogecoin (DOGE) helyett – 650 dollárból 65 000 dollár lehet 4 hónap alatt

    Felpörgő alternatív kriptovaluta a Dogecoin (DOGE)...

    10 hours ago
  • 3 figyelemre méltó altcoin 2025. júliusának első hetében

    3 figyelemre méltó altcoin 2025. júliusának első...

    11 hours ago
  • Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD udělá 65 000 USD za 4 měsíce

    Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD...

    13 hours ago
  • 3 altcoiny, které sledovat v prvním týdnu července 2025

    3 altcoiny, které sledovat v prvním týdnu července 2025

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.