This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.
CARV, a leading name in modular data solutions for gaming and AI, has announced an exciting partnership with LayerZero, a technology firm specializing in cross-chain data mobility.
Take a comprehensive look at this article, as traders gear up for the US Presidential Election with a strategic investment in these five bullish coins. Find out which cryptocurrencies are anticipated to offer stable returns during the uncertain election period.
TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.
MultiversX (EGLD), NEAR Protocol (NEAR) and Nexo (NEXO) are among altcoins that have slipped into red as the global crypto market declines 2.4% in the past 24 hours. Meanwhile, the crypto market is eyeing broader investor reaction to upcoming US inflation data and other potential catalysts.
LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.
BitGo has selected LayerZero as the digital asset custody provider's official interoperability provider for the Wrapped Bitcoin token. On Sept.
The cryptocurrency market seems ready to start the second phase of the 2024 crypto bull run, according to analysts. Thus, Finbold selected two cryptocurrencies with the potential to turn a $100 investment into $1,000, with a 900% return.
With LayerZero as its official interoperability provider, BitGo is expanding its tokenized wrapped bitcoin (WBTC) product to BNB Chain and Avalanche.
The recent turmoil within the market has dragged the majority of the tokens below the crucial support levels. Meanwhile, some of the altcoins like FTM, AI tokens like FET or memecoins like WIF have been displaying significant strength.
LayerZero's CEO commented on the inclusion of a “big Sybil hunt” to block bots and reward real users. The main reason for Sybil filtering was due to fake accounts trying to claim airdropped tokens.
When ZRO first hit the market almost three months ago, it had a price tag of $4.4. Currently, it has recorded only a 23% price dip from launch.
LayerZero's native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.
Explore an in-depth examination of RWA Coins price outlook in the current market context. The article provides expert insights and anticipations based on recent market trends and cryptocurrency forecasts.
The cryptocurrency market continues to crash as traders and investors wonder when the digital assets will reach the bottom. In such an unpredictable market, players can look for technical indicators that assist in spotting potentially oversold cryptocurrencies to buy.
Despite a general crypto market decline that has seen the global crypto market cap drop by about 1% to $2.03 trillion, Mantra (OM), Bitcoin SV (BSV), and AAVE have registered impressive gains, driven by recent developments.
Mantra, the popular cryptocurrency for Real World Asset tokenization, bounced back on Tuesday, Sep. 3 after hitting a crucial support level.
The traders have gained immense interest in the RWA tokens during the last quarter of 2023, which triggered a bullish wave within the markets. The market capitalization of them soared massively from around $2 billion to as high as $57.60 billion by the end of Q1 2024.
TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June.
LayerZero Foundation launched the LayerZero community program with three roles, offering up to 5 million ZRO tokens as rewards.
LayerZero (ZRO) is under renewed selling pressure, with its price sliding toward $3.19 after being rejected at a key trendline. The sharp downturn has shifted market sentiment to a more bearish outlook, sparking concerns about deeper declines.
The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment. Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days. The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events.
Amid the increased social activity for DePIN projects, the EGLD price action reveals a positive cycle in motion. As the native token of the multiversX, EGLD has shared a similar phase to all the other metaverse tokens in the crypto market.
Cryptocurrency Prices Today (August 30): The broader market witnessed significant price fluxes today, with major coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP trading in the red territory. However, altcoins BEAM and MultiversX (EGLD) traded dominantly in the green zone today.
On a day when major cryptos were unable to sustain what had at one point looked like a promising rally on strong US economic data and Nvidia results, investors turned to the altcoin markets for top crypto performers today.
As Bitcoin (BTC) reclaims the $60,000 mark, a ripple effect is being felt across the cryptocurrency landscape with altcoins like THORSwap (THOR), LayerZero (ZRO), Velo (VELO), and Kishu Inu (KISHU) experiencing double-digit gains. This article will explore how THORSwap, LayerZero, Velo, and Kishu Inu are making headlines and capturing investor attention amid the Bitcoin resurgence.
Many altcoins have struggled to maintain a bullish outlook for much of this cycle, resulting in only a few reaching new all-time highs (ATH).
Tokens that power Decentralized Physical Infrastructure Networks (DePIN) are gaining traction, making them assets that investors should watch closely.
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.
As 2024, the year marked by exciting movements in the cryptocurrency sector, slowly moves towards its final quarter, crypto traders and investors are increasingly looking at its potential assets that could deliver a relatively substantial profit.
Story Highlights The live price of the EGLD crypto token is . The Elrond price could go as high as $67.93 by 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.
As the cryptocurrency market recovers after a period of volatility, certain digital assets are emerging as frontrunners, demonstrating both resilience and strong growth potential.
Hidden on the second page of Coinmarketcap, LayerZero is making waves in the industry as an omnichannel interoperability protocol. As it enables secure messages to pass across blockchains, its Ultra-Light Nodes (ULNs) act as smart contract endpoints on each chain.
On August 14, MANTRA, a dedicated layer-1 (L1) blockchain for real-world assets (RWAs), announced a partnership with Novus Aviation Capital. This collaboration aims to tokenize assets within the $200 billion aviation financing market.
Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.
This update gives users an easy entry point to MultiversX, enhancing the speed and security of blockchain technology. MultiversX is a new-age blockchain built to be fast, efficient, and safe.
Enhanced security and seamless access to MultiversX's ecosystem could significantly reduce crypto-phishing losses and boost Web3 adoption. The post MetaMask and MultiversX join forces to bring on-chain 2FA to millions appeared first on Crypto Briefing.
MultiversX, ecosystem of the crypto Elrond, has announced the launch of the "Snaps" feature for integration with the MetaMask wallet.
The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.
Fundamental analyses are often overlooked in the cryptocurrency market, primarily focused on short or mid-term trades, mostly following technical analyses. However, investment funds like Cyber Capital focus on long-term value investing through in-depth fundamental analyses of the industry's projects.
TL;DR Strategic Partnership: Animoca Brands has partnered with LayerZero Labs to integrate LayerZero's omnichain interoperability protocol into its ecosystem. This collaboration aims to enhance user and developer experiences across digital content, gaming, and entertainment. Leveraging Animoca Brands' Network: LayerZero will be the preferred interoperability solution for Animoca Brands' projects, including Mocaverse and Open Campus.
Animoca Brands' adoption of LayerZero's interoperability solution could significantly streamline cross-chain interactions, enhancing user experience and developer capabilities in the blockchain ecosystem. The post LayerZero becomes default interoperability solution for Animoca Brands appeared first on Crypto Briefing.
Animoca Brands and LayerZero Labs announce a multi-year strategic partnership to enhance interoperability in digital content and gaming ecosystems.
Dive into the visionary thoughts of Beniamin Mincu, CEO of MultiversX, as he discusses technological advancements, community engagement, and the future of blockchain in our exclusive GoCrypto interview series.
LayerZero finalized the rewards for Sybil bounty hunters on July 25, with participants receiving 10% of the token allocation for each verified Sybil address.
Mantra price has suffered a harsh reversal, falling for three consecutive days and moving into a technical correction. At the time of writing, Mantra (OM) token was trading at $1.2458, down by over 11% from its highest point this month.
The cryptocurrency market has recorded a negative price action with top crypto tokens recording a drop in their respective portfolios. Furthermore, the market leader, Bitcoin price has dropped 1$ and is currently trading with a price tag of around $66,500.
LayerZero's proactive stance against Sybil attacks is an exemplary one for blockchain projects that are keen on establishing secure and transparent ecosystems.