Following Chainlink’s listing on Robinhood, a well-known cryptocurrency exchange, the cryptocurrency price has soared by 5%.
To announce the listing, Robinhood used Twitter. In the interim, Chainlink’s price increased by about 5%. As of the time of this writing, the price of LINK is $7.01. The 24-hour trading volume for tokens has increased by over 50% to $605 million.
With a market capitalization of more than $3.2 billion, Chainlink is the 22nd largest cryptocurrency. The token’s future may benefit greatly from this most recent listing. One of the few tokens that managed to survive the current market crash is LINk. Just 4% of it has decreased in the last 30 days.
PancakeSwap has implemented Chainlink keepers on the BNB chain, as previously disclosed by Chainlink. Users will be able to automate their CAKE/USD prediction market safely thanks to this. It was also mentioned that the Chainlink price feed has previously been incorporated to aid in the prediction market’s security.
Meanwhile, 15 separate Chainlink services were integrated last week, and that too over 5 different chains. Major chains including Ethereum, the BNB chain, Avalanche, Moonbeam, and Polygon are included in the list. It seeks to give Web3 developers the resources they need to create hybrid smart contracts.
FTX to reportedly buy Robinhood
As reported by Coinscreed, FTX exchange is reportedly looking to buy Robinhood. The exchange is currently debating this internally. But no such choice has been made public yet.
The FTX has not yet contacted Robinhood with their buyout offer. In the meantime, during the last five days, the share price of Robinhood has increased by more than 25%. The going rate is $9.03 on average. However, since going public, its stock has decreased by 76%.
Bankman Fried stated in an interview that they are eager to collaborate with the cryptocurrency exchange. There aren’t any ongoing discussions regarding it, though.