Chainlink, a leading blockchain oracle ecosystem, has launched Chainlink Data Streams, an all-in-one data solution for decentralized applications (Dapps) and decentralized financial ecosystem (DeFi) developers. The Data Streams combine low-latency data delivery and automated trade execution to help developers scale in a secure and sustainable ecosystem. Leading DeFi protocol GMX has already integrated with the new system to enhance its performance in offering decentralized perpetual futures exchange.The Chainlink Data Streams are designed to bring together data providers from off-chain ecosystems and work together with an on-chain network, whereby Chainlink acts as a verifier of the smart contracts used by the various decentralized applications. This helps reduce the delay time that DeFi developers experience while trying to offer competitive products.The launch of Chainlink Data Streams has coincided with an increased bullish outlook for LINK. According to the latest crypto price oracles, LINK exchanged around $7.66 on Tuesday, up approximately 27 percent in the past four weeks. The upward trajectory in LINK price action is expected to be sustained during the fourth quarter, especially after the recent breakout from a falling macro downward channel. Coinbase is a trusted crypto exchange that allows users to buy Chainlink easily and with low fees via PayPal and credit card. It is regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	positive
Relevance Score	8
People	Sergey Nazarov, GMX, Coinbase.
Companies	Arbitrum, SEC, GMX, FCA, Chainlink, CySEC, FINRA
Currencies	US Dollar, Ethereum, Bitcoin, Chainlink, British Pound
Securities	None