The post Chainlink Holds $13 — Recovery Mode Ignited by UBS Tokenization Win ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Market analyst Gain Muse notes that Chainlink (LINK) is stabilizing near $13, forming a recovery structure within a descending channel.  Source: Gain Muse This pattern hints at potential consolidation before a decisive move, suggesting LINK may be gearing up for a measured rebound. LINK’s next move hinges on buyer momentum around the mid-channel zone. Sustained bullish pressure could build and drive a breakout from the descending channel. Conversely, a loss of momentum may push LINK to test $12.80, sweep liquidity, and potentially set the stage for another upward attempt. LINK has been navigating a descending channel, highlighting recent market volatility and shifting investor sentiment.  Advertisement &nbsp Therefore, the $13 level is now key, holding above it could signal renewed confidence and a push toward higher resistance. At the same time, failure to do so may trigger a short-term pullback, underscoring the fragile balance between bullish and bearish pressure. Chainlink and UBS Launch First Live Tokenized Fund Workflow Chainlink and UBS are pioneering digital finance innovation, as highlighted in DigiFT’s whitepaper.  The report unveils the first live tokenized fund workflow using Chainlink’s Digital Transfer Agent (DTA) standard and Chainlink Runtime Environment (CRE), marking a major leap in secure, automated fund management. Built under Hong Kong Cyberport’s digital asset program, the platform showcases seamless integration of blockchain with traditional finance. Using Chainlink’s decentralized oracles, it automates fund operations, on-chain subscriptions, and redemptions, reducing manual work, boosting transparency, and enhancing transaction reliability. Central to this innovation is the Chainlink Runtime Environment, which powers DTA smart contracts to automate complex fund operations. By providing immutable, auditable transaction records, it streamlines compliance and gives investors and administrators real-time transparency into fund activity. Therefore, this milestone marks a pivotal advance for institutional investors and blockchain innovators, demonstrating that the fusion of… The post Chainlink Holds $13 — Recovery Mode Ignited by UBS Tokenization Win ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Market analyst Gain Muse notes that Chainlink (LINK) is stabilizing near $13, forming a recovery structure within a descending channel.  Source: Gain Muse This pattern hints at potential consolidation before a decisive move, suggesting LINK may be gearing up for a measured rebound. LINK’s next move hinges on buyer momentum around the mid-channel zone. Sustained bullish pressure could build and drive a breakout from the descending channel. Conversely, a loss of momentum may push LINK to test $12.80, sweep liquidity, and potentially set the stage for another upward attempt. LINK has been navigating a descending channel, highlighting recent market volatility and shifting investor sentiment.  Advertisement &nbsp Therefore, the $13 level is now key, holding above it could signal renewed confidence and a push toward higher resistance. At the same time, failure to do so may trigger a short-term pullback, underscoring the fragile balance between bullish and bearish pressure. Chainlink and UBS Launch First Live Tokenized Fund Workflow Chainlink and UBS are pioneering digital finance innovation, as highlighted in DigiFT’s whitepaper.  The report unveils the first live tokenized fund workflow using Chainlink’s Digital Transfer Agent (DTA) standard and Chainlink Runtime Environment (CRE), marking a major leap in secure, automated fund management. Built under Hong Kong Cyberport’s digital asset program, the platform showcases seamless integration of blockchain with traditional finance. Using Chainlink’s decentralized oracles, it automates fund operations, on-chain subscriptions, and redemptions, reducing manual work, boosting transparency, and enhancing transaction reliability. Central to this innovation is the Chainlink Runtime Environment, which powers DTA smart contracts to automate complex fund operations. By providing immutable, auditable transaction records, it streamlines compliance and gives investors and administrators real-time transparency into fund activity. Therefore, this milestone marks a pivotal advance for institutional investors and blockchain innovators, demonstrating that the fusion of…

Chainlink Holds $13 — Recovery Mode Ignited by UBS Tokenization Win ⋆ ZyCrypto

2 min read
Advertisement

Market analyst Gain Muse notes that Chainlink (LINK) is stabilizing near $13, forming a recovery structure within a descending channel. 

Source: Gain Muse

This pattern hints at potential consolidation before a decisive move, suggesting LINK may be gearing up for a measured rebound.

LINK’s next move hinges on buyer momentum around the mid-channel zone. Sustained bullish pressure could build and drive a breakout from the descending channel.

Conversely, a loss of momentum may push LINK to test $12.80, sweep liquidity, and potentially set the stage for another upward attempt.

LINK has been navigating a descending channel, highlighting recent market volatility and shifting investor sentiment. 

Advertisement

 

Therefore, the $13 level is now key, holding above it could signal renewed confidence and a push toward higher resistance. At the same time, failure to do so may trigger a short-term pullback, underscoring the fragile balance between bullish and bearish pressure.

Chainlink and UBS are pioneering digital finance innovation, as highlighted in DigiFT’s whitepaper. 

The report unveils the first live tokenized fund workflow using Chainlink’s Digital Transfer Agent (DTA) standard and Chainlink Runtime Environment (CRE), marking a major leap in secure, automated fund management.

Built under Hong Kong Cyberport’s digital asset program, the platform showcases seamless integration of blockchain with traditional finance.

Using Chainlink’s decentralized oracles, it automates fund operations, on-chain subscriptions, and redemptions, reducing manual work, boosting transparency, and enhancing transaction reliability.

Central to this innovation is the Chainlink Runtime Environment, which powers DTA smart contracts to automate complex fund operations. By providing immutable, auditable transaction records, it streamlines compliance and gives investors and administrators real-time transparency into fund activity.

Therefore, this milestone marks a pivotal advance for institutional investors and blockchain innovators, demonstrating that the fusion of traditional finance and decentralized technology is delivering real, actionable results.

Meanwhile, leading on-chain analytics firm Santiment recently stated that Chainlink continues to assert its dominance in DeFi development, further extending its lead over competitors.

Source: https://zycrypto.com/chainlink-holds-13-recovery-mode-ignited-by-ubs-tokenization-win/

Market Opportunity
Mode Network Logo
Mode Network Price(MODE)
$0.0003288
$0.0003288$0.0003288
+2.91%
USD
Mode Network (MODE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump MAGA statue has strange crypto backstory

Trump MAGA statue has strange crypto backstory

The post Trump MAGA statue has strange crypto backstory appeared on BitcoinEthereumNews.com. A 15-foot-tall statue of former President Donald Trump, cast in bronze
Share
BitcoinEthereumNews2026/02/04 08:22
The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

PANews reported on February 4th that, according to CoinDesk, Michael Burry, the real-life inspiration for the character in "The Big Short" (and an investor who
Share
PANews2026/02/04 08:22
October Probability Surges To 94%

October Probability Surges To 94%

The post October Probability Surges To 94% appeared on BitcoinEthereumNews.com. The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for…
Share
BitcoinEthereumNews2025/09/18 07:19