A Data-Centric Perspective of ChainLink’s Madness

Written by jrodthoughts | Published 2020/07/17
Tech Story Tags: chainlink | cryptocurrency | blockchain | data | data-centric | data-centric-perspective | crypto-assets | to-the-moon

TLDR ChainLink is one of the most exciting assets in the crypto market for traders and speculators. The number of transactions over $100,000 in ChainLink has increased 15x in 3 months. LINK futures contracts expiring in September 25th have been regularly in contango which means that has been trading at a premium compared to the spot price as shown by IntoTheBlock’s contango-backwardation analysis. This is a sign of optimism that the LINK speculation is going to stay strong for a few weeks at least.via the TL;DR App
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Written by jrodthoughts | Chief Scientist, Managing Partner at Invector Labs. CTO at IntoTheBlock. Angel Investor, Writer, Boa
Published by HackerNoon on 2020/07/17
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