TheProjectCrypto

⬡ Crypto Investor & Trader ⬡

[TheProjectCrypto @TeProjectCrypto]

The Crypto-Bullrun starts on 15th of October 2024.

The first Top will be between 20th of March and 20th of April 2025.

The Cycle Top will be between 20th of October and 20th of November 2025.

[Chainlink @chainlink]

NEW: @BitGo (NYSE: BTGO) migrates $7.7B+ Wrapped Bitcoin (WBTC) to Chainlink CCIP.

After a rigorous review, BitGo deprecated its legacy bridging provider & chose CCIP as its exclusive cross-chain infra given it’s the only solution that meets institutional security requirements.

[Chainlink @chainlink]

Now officially migrating to Chainlink CCIP:

✅ 12+ leading asset issuers & DeFi protocols
💰 $15 billion in total asset value

The market wants security. Chainlink is providing it.

[Sergey Nazarov @SergeyNazarov]

Security, reliability and connectivity to all the key points you want to access on-chain, these are the key features Chainlink offers. Actually providing these three key features will continue to lead to a growing network effect of the top on-chain assets choosing Chainlink for cross-chain interoperability, all data and many other key operations like off-chain orchestration using CRE.

WBTC is the largest form of wrapped Bitcoin available, which is being managed by BitGo, a licensed custodian that takes their system's security seriously. After a thorough security review of Chainlink vs the alternatives they have chosen CCIP as their preferred cross-chain method for the world's largest wrapped crypto asset.

https://t.co/fR0PucO4Xg

This shift by WBTC will now have CCIP powering approximately 70% of all wrapped Bitcoin, which even if it wasn't the case initially, became that way eventually due to the security, reliability and connectivity of CCIP. This is a clear example of how building for security (e.g. multiple nodes that sign) and reliability (e.g. many nodes stay up during an AWS regional outage) is the right long-term approach to accrue a market leading position, one on-chain asset type after another. This approach is also how Chainlink got its 70%+ market share in DeFi; this works in an industry that values security and reliability.

[Chainlink @chainlink]

The WBTC migration is making CCIP the most widely adopted cross-chain solution for wrapped Bitcoin, set to secure nearly 70% of the market and $16B+ in value.

When $BTC moves cross-chain, it moves through CCIP.

[Chainlink @chainlink]

Two non-negotiables for when the global financial system adopts new technology:

1. Trust
2. Security

@AndrewMcMarkets on why the largest financial institutions are building with Chainlink ↓

[Chainlink @chainlink]

To achieve mainstream adoption, AI agent actions must be transparent & verifiable.

The agentic economy requires rails that users can audit & trust.

@EidJohann explains on @DeFi_Dad's podcast ↓

[Chainlink @chainlink]

Financial markets have a $58 billion problem nobody knows about.

To solve an annual $58B+ problem for financial markets, Swift, UBS, Euroclear, & 20+ leading institutions leveraged Chainlink to reduce AI hallucination risk in corporate actions.

[Chainlink @chainlink]

Prediction markets through the ages.

[Chainlink @chainlink]

$LINK RESERVE UPDATE

In the month of July, the Chainlink Reserve accumulated 706,809 LINK for $5.7M+.

Total holdings: 5,210,976 LINK.

[Chainlink @chainlink]

New macroeconomic data from the U.S. Department of Commerce have been brought onchain via Chainlink:

• Real GDP: 1.5%
• PCE Price Index: 3.7%

[Chainlink @chainlink]

Tokenization is a $867+ trillion opportunity.

But to unlock that value, assets must be:

• Data-rich
• Compliant
• Interoperable

Only Chainlink delivers all three.

[Chainlink @chainlink]

NEW: @Figure is bringing the $1.6+ trillion U.S. auto loan market to DeFi, powered by Chainlink.

Backed by auto loans from Figure, @HastraFi’s AUTO markets are now live and secured by Chainlink Data Streams on @kamino.

[Chainlink @chainlink]

“Just plug in Chainlink. It’s so much easier, more secure, more efficient.”—@AndrewMcMarkets, Head of Institutional at Chainlink

[Chainlink @chainlink]

"Taking the best of the existing and combining it with the capabilities of the new”

Chainlink enables banks to seamlessly connect to any public/private chain using their existing systems & messaging standards.

Swift explains why this is the path forward ↓

[Chainlink @chainlink]

Chainlink Adoption Update 🔗

Recently, there were 8 integrations of the Chainlink standard across 4 services and 3 different chains.

Users include @aave, @CaliberCo, @glacislabs, @jumperapp, @Lombard_Finance, @RipioApp, and @UTechStables.

LINK everything.

[Chainlink @chainlink]

CHAINLINK CAPITAL MARKETS MOMENTUM

• Apex Group
• DTCC
• Fairsquarelab
• Fidelity International
• Galaxy
• Qivalis
• SGX FX
• SIX
• UniKA
• Vayana

[Chainlink @chainlink]

⬡ Chainlink’s Q2 growth: Billions secured, trillions enabled, industry-leading adoption ⬡

• $7B+ migrates to CCIP
• TradFi adoption: DTCC, SIX, & more
• 10 prediction markets Chainlinked
• Launched Project Pangea w/ 50+ banks
• Reserve totals 4.5M+ LINK
• $110B secured

[Chainlink @chainlink]

A standard that leads the way.

[Chainlink @chainlink]

NEW: @Lombard_Finance adopts Chainlink to unlock cross-chain distribution for its Bitcoin Onchain Credit Strategy with @FlowTraders (Euronext: FLOW).

Chainlink now powers secure cross-chain deposits of BTC.b and LBTC into the Strategy, expanding access to institutional credit.

[Chainlink @chainlink]

It's time to pass the Clarity Act 🇺🇲

After years of bipartisan work, the U.S. is closer than ever to establishing clear rules for the digital asset industry.

Regulatory clarity fosters innovation, protects consumers, & helps establish America as the crypto capital of the world.