{"id":30900,"date":"2024-05-17T21:41:34","date_gmt":"2024-05-17T21:41:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/chainlink-soars-after-dtcc-completes-major-pilot-bitbot-readies-for-market-entry\/"},"modified":"2024-05-17T21:41:34","modified_gmt":"2024-05-17T21:41:34","slug":"chainlink-soars-after-dtcc-completes-major-pilot-bitbot-readies-for-market-entry","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/chainlink-soars-after-dtcc-completes-major-pilot-bitbot-readies-for-market-entry\/","title":{"rendered":"Chainlink soars after DTCC completes major pilot; Bitbot readies for market entry"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/chainlink-link-symbol-on-smartphone-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/chainlink-link-symbol-on-smartphone-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/chainlink-link-symbol-on-smartphone-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/chainlink-link-symbol-on-smartphone-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Chainlink price rose more than 20% in 24 hours, reaching $16.62 at the time of writing on Friday.<\/span><\/li>\n<li><span style=\"font-weight: 400\">LINK surged as the Depository Trust and Clearing Corporation (DTCC) announced it completed its Smart NAV pilot.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Bitbot, Telegram\u2019s pioneering non-custodial crypto trading bot, continues to surge in presale.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/tag\/chainlink\/\">Chainlink<\/a> and the Depository Trust and Clearing Corporation (DTCC) have announced a successful pilot for the fund tokenization market.\u00a0<\/span><span style=\"font-weight: 400\">The news saw Chainlink\u2019s native token LINK soar more than 20% in 24 hours to lead the top altcoins. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the <a href=\"https:\/\/bitbot.tg\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\" target=\"_blank\" rel=\"noopener\">Bitbot presale<\/a> is creating waves as the ICO nears its penultimate stage.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Chainlink, DTCC complete Smart NAV pilot<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Depository Trust and Clearing Corporation (DTCC) <a href=\"https:\/\/www.dtcc.com\/dtcc-connection\/articles\/2024\/may\/16\/smart-nav-pilot-report-bringing-trusted-data-to-the-blockchain-ecosystem\" target=\"_blank\" rel=\"noopener\">announced<\/a> on Thursday that it had successfully completed a pilot program dubbed \u201cSmart NAV\u201d.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Smart NAV is an initiative that aims at a standardized method of delivering funds\u2019 Net Asset Value (NAV) onchain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For this goal, the pilot project tapped into DTCC\u2019s digital asset capabilities and Chainlink\u2019s cross-chain interoperability protocol (CCIP) to bring trusted data on-chain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This particular pilot involved ten major financial institutions, including BNY Mellon, American Century Investments, Edward Jones, Franklin Templeton, Invesco, JPMorgan, MFS Investment Management, Mid Atlantic Trust and State Street.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Chainlink price surges 20%<\/span><\/h2>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/chainlink\/\">Chainlink price<\/a> reacted higher following the news, surging by more than 20% to hit highs of $16.62. The 24-hour trading volume rose 251% to above $1.2 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This positive reaction to the news comes amid a growing institutional presence in the tokenization industry, with most of the projects leveraging Chainlink\u2019s CCIP.<\/span><\/p>\n<p><span style=\"font-weight: 400\">So far, the real-world assets (RWA) train has included a major program by the world\u2019s leading asset manager BlackRock.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bitbot\u2019s AI-powered bot set for Telegram launch<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Bitbot is poised to be the biggest crypto trading bot to hit the Telegram apps market this year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The new project, which pioneers the world\u2019s first non-custodial, AI-powered trading bot, is currently in presale. Early investors have raised more than $3.4 million as the token sale accelerates in stage 13.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The new trading solution\u2019s launch, which will follow the conclusion of the 15-stage ICO sale, will see Bitbot make its debut in a market that has quickly grown. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Data shows bots have surpassed the <a href=\"https:\/\/dune.com\/whale_hunter\/dex-trading-bot-wars\" target=\"_blank\" rel=\"noopener\">$22 billion DEX volume<\/a> mark and has over 1.6 million users. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The growth is remarkable and Bitbot could lead the new wave of adoption due to its industry-defining offering.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">What does Bitbot offer?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">With interest in trading bots rising amid a bullish outlook for cryptocurrencies, Bitbot\u2019s launch of the non-custodial trading solution promises to be a game-changer.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitbot users will have full control of their assets, leveraging the robust security of MPC wallet technology by Knightsafe.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Also critical is that Bitbot levels the playing field for retail traders. In this case, t<\/span><span style=\"font-weight: 400\">he bot gives access to all the institutional-grade trading tools, including AI automation, copy trading, Gemscanner and trade sniping. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitbot also offers a unique revenue sharing mechanism that allows holders of BITBOT to earn from a daily share of platform revenue.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BITBOT token is currently priced at $0.018, potentially a massive return on investment entry point.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Learn more or join the Bitbot presale <a href=\"https:\/\/bitbot.tg\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/chainlink-soars-after-dtcc-completes-major-pilot-bitbot-readies-for-market-entry\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Chainlink price rose more than 20% in 24 hours, reaching $16.62 at the time of writing on Friday. LINK surged as the Depository Trust and Clearing Corporation (DTCC) announced it completed its Smart NAV pilot. Bitbot, Telegram\u2019s pioneering non-custodial crypto trading [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":30901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30900"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=30900"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/30900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/30901"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=30900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=30900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=30900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}