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Chainlink Boosts Oracle Accessibility as Bitcoin Eyes Trillion-Dollar Boost, While Sparklo (SPRK) Revolutionizes Crypto Investment

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Chainlink Boosts Oracle Accessibility as Bitcoin Eyes Trillion-Dollar Boost, While Sparklo (SPRK) Revolutionizes Crypto Investment

The Chainlink (LINK) protocol has taken a significant step towards enhancing the accessibility of its oracles by directly contributing millions of LINK tokens from its treasury. Meanwhile, the cryptocurrency market is buzzing with excitement as investment management giant BlackRock reportedly plans to launch a Bitcoin (BTC) spot exchange-traded fund (ETF), with Coinbase serving as its custodian. Amidst these noteworthy developments, Sparklo aims to revolutionize the investment landscape by offering a specialized blockchain investment trading platform that focuses on popular metals such as gold, silver, and platinum, providing investors with a unique opportunity in the crypto space.

Sparklo (SPRK): Revolutionizing Crypto Investment for Long-Term Investors

Sparklo (SPRK) is making waves in the investment community as it revolutionizes crypto investment. The project is designed to meet the long-term needs of cryptocurrency investors and offers a specialized fractionalized trading and investing platform. Sparklo stands out by enabling the purchase of precious metals such as platinum, silver, and gold, presenting a novel opportunity in the cryptosphere.

One of the key appeals of Sparklo is the emphasis on security for investors. The team has locked liquidity for 100 years, demonstrating a commitment to long-term stability. To further instill confidence, Sparklo has obtained a Know Your Customer (KYC) certification from Block Audit Report, adding a layer of trustworthiness many investors seek. Additionally, the native ERC-20 cryptocurrency of Sparklo, SPRK, serves as the payment medium within the platform, offering the potential to earn governance rights and establish the integral role of SPRK.

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Chainlink (LINK) protocol is taking significant steps to enhance the accessibility of its oracles by directly contributing millions of LINK tokens from its treasury. Independent Chinese journalist Colin Wu reported that 21 million Chainlink (LINK) tokens, valued at approximately $111 million, were transferred from Chainlink’s four official wallets. 

Notably, around 17.95 million Chainlink (LINK) tokens (equivalent to $95 million) were moved to Binance from the non-circulating supply held by Chainlink (LINK). While the exact purpose of this transfer remains unknown, it sheds light on the use of the non-circulating supply and the support Chainlink (LINK) provides to protocols interested in adopting its services. Chainlink (LINK) aims to establish a self-sustainable oracle economy by utilizing tokens from the non-circulating supply as subsidies and rewards for oracle nodes, striving for a longer-term and more predictable token release schedule.

Bitcoin (BTC) Anticipates Trillion-Dollar Boost with BlackRock’s Bitcoin ETF Expectations

The cryptocurrency market is buzzing with anticipation following reports of investment management firm BlackRock’s intentions to launch a Bitcoin (BTC) spot exchange-traded fund (ETF) with Coinbase as its custodian. This news has sparked debates and raised expectations, as the involvement of a renowned financial company like BlackRock signals a significant turning point for cryptocurrencies. Although specific details about the ETF are yet to be confirmed, rumours surrounding BlackRock’s plans have generated considerable interest within the industry. If realized, BlackRock’s entry into the crypto space would provide credibility to Bitcoin (BTC) as a respected asset class, attracting institutional investors and strengthening its position in the financial market. 

With more than $9.1 trillion in assets under management, BlackRock’s involvement could potentially pave the way for broader acceptance of digital assets among institutional investors, opening up regulated avenues for accessing Bitcoin (BTC) and potentially driving wider cryptocurrency adoption. However, it is important to note that previous applications for Bitcoin (BTC) ETFs have faced regulatory challenges, and the approval of BlackRock’s ETF by the U.S. SEC is not guaranteed. Nonetheless, investors are closely watching these developments, as the potential approval of BlackRock’s Bitcoin (BTC) ETF could significantly impact the market and contribute to the further integration of cryptocurrencies into the global financial system.

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