Like other altcoins Chainlink LINK has been subject to a strong correction over recent weeks The coin now trades at 10 as of this articles writing around 50 below the alltime highs set at approximately 20 just weeks ago

The cryptocurrency sector worldwide saw several historic regulatory events last week In this roundup we cover a landmark bitcoin ruling by a French court South Koreas first crypto bill an Australian courts ruling Germanys announcement and a recent FATF meeting where more than 800 delegates discussed crypto regulations In addition after almost two years the Indian supreme court has quashed the RBI ban on crypto businesses

Analysis by Cane Islands Timothy Peterson suggests that bitcoin price will indeed come to be counted in the millions based on current adoption rate But before we all start immediately ordering Lambos this wont be happening for at least a decadeaccording to Petersons calculations

Like other altcoins Chainlink LINK has been subject to a strong correction over recent weeks The coin now trades at 10 as of this articles writing around 50 below the alltime highs set at approximately 20 just weeks ago