Binance announces a promotion offering 50,000 FDUSD in rewards. Complete tasks to collect icon cards and unlock the vault.

Binance has injected more FDUSD into the market, potentially sparking a small Bitcoin (BTC) rally. This is the first inflow of FDUSD on Binance since August 23 and follows a series of token burns that limited the stablecoin supply.

Amid the crypto market hitting a crossroads near the weekend, the altcoins market is ending the week on a minor recovery note. With the increasing chances of a breakout rally next week, many altcoins offer a simple buy low, sell high opportunity.

While Chainlink retains a strong lead, Pyth's rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market.

Explore top 5 promising cryptocurrencies in September that may offer potential for double return on your investment! This analysis discusses market trends, how these coins work, and their future prospects.

TL;DR Binance has launched fixed-rate loans in USDC and FDUSD stablecoins, offering stability in borrowing costs. Loans for USDC have a fixed rate of 7.8%, and for FDUSD, 11%, with a minimum amount of 50,000 for both. Borrowers must repay the full loan amount before the due date to avoid late fees.

Korean markets expanded their listings, with Bithumb opening KRW pairs for JitoSOL (JTO) and EtherFi (ETHFI). Upbit listed a new KRW market for the BIGTIME token, belonging to the original RPG game Bigtime.

The stablecoin's ability to manage its supply in response to market changes demonstrates its adaptability.

FDUSD started to contract its supply, potentially sending a bearish signal. The stablecoin by First Digital has an outsized influence on Binance markets.

Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena's USDE supply has decreased by 130 million, pushing First Digital's FDUSD into the fourth largest spot.

Binance introduces FDUSD Locked Products offering a 15.9% fixed APR during a limited promotion period, enhancing user earning potential.

Pyth Network has partnered with Sony Group to deploy the Pyth Price Feeds on Soneium, Sony's Layer-2 blockchain platform on Ethereum. Pyth's partnership with Sony Group also includes Startale, the web3 tech platform behind multiple blockchain applications.

Binance P2P announces a promotional campaign offering 5,000 FDUSD in rewards for eligible users who have not traded since January 2024.

The cryptocurrency market has recorded a jump of 1.78% over the past day with a trading volume of $71.2 billion (+16.64%). However, top tokens repeatedly fail to break out of their crucial resistance levels. Suggesting a strong bearish sentiment at the upper levels.

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about In this podcast, we dive into the world of oracles and why they are crucial for the crypto industry. Join us as we explore the Pyth Network and its impact on the market!

Binance Launchpool announces Dogs (DOGS) token, allowing users to farm DOGS by staking BNB and FDUSD. Trading to begin on August 26, 2024.

TL;DR 2024 Predictions: Pyth Network (PYTH) is expected to trade between $0.29 and $1.38, with potential growth of up to 376.93%. 2025 Forecast: Estimates vary widely, with predictions ranging from $0.30 to $4.52, reflecting differing market outlooks.

The Open Network (TON) is a decentralized and open Internet platform made up of several components. These include TON Blockchain, TON DNS, TON Storage, and TON Sites.

The cryptocurrency industry has witnessed heightened volatility over the last few months. While bears dominated the markets, experts predict a turnaround in Q4 2024, with altcoins exploding in the upcoming months.

TON blockchain has integrated Injective (INJ) and Pyth Network (PYTH), further advancing Telegram's Web3 reach, reflecting the transformation of open finance.

TL;DR Strategic Partnership: TON and Pyth Network have teamed up to integrate Pyth's advanced data feeds, providing TON developers with high-quality, real-time pricing information essential for building innovative dApps.

Pyth says its real-time price data can help TON games build better in-game economies, as well as help DeFi projects expand their audience.

TON and Pyth's collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation.

The Open Network (TON) has announced a partnership with decentralized data oracle Pyth Network to enhance data delivery for developers building on the TON blockchain.

Binance launches a promotion offering 19.9% APR on FDUSD Locked Products, available from August 12 to August 22, 2024, on a first-come, first-served basis.

Pyth Network is a platform dedicated to providing data to the blockchain through oracles.

PYTH, the token that powers oracle service provider Pyth Network, has witnessed a significant decline in its derivatives market. Its total open interest has fallen to an all-time low.

Here is how some of your favorite assets concluded the week.

Despite being a market leader in the oracle space, Chainlink (LINK) is showing signs of stagnation compared to newer, more dynamic competitors like Pyth Network (PYTH).

FDUSD, a prominent player in the stablecoin market, is experiencing a significant decline in total supply.

As a real-time market data provider, Pyth has secured various partnerships across the industry since the start of this year.

Binance launches a promotion offering a share of 50,000 FDUSD to selected users who complete deposit and trading tasks during the specified period.

Binance launches a promotion for FDUSD Simple Earn Flexible Products, offering up to 11.5% APR rewards for eligible users during the promotion period.

PYTH, the token that powers oracle service provider Pyth Network, has witnessed a 5% price rally in the past 30 days, driving its total open interest to a 14-day peak of $34 million.

PYTH, the native token of the Pyth Network, has surged over 10% on Wednesday, becoming one of the top-performing altcoins of the day. Currently trailing only behind Flow (FLOW), Ethena (ENA), and Solana meme coin Popcat (POPCAT), PYTH's impressive intraday performance highlights its growing prominence in the cryptocurrency space.

Due to organic, "market-generated" growth, the Oracle solution could witness another tenfold increase in trading volume.

Binance has completed the integration of Maverick Protocol (MAV) and ether.fi (ETHFI) on the Arbitrum One Network, enabling deposits and withdrawals.

Ondo Finance (ONDO) has experienced a significant price surge of 14% following its recent integration with the Pyth Network. This positive development has caught the attention of investors and market watchers alike.

$RNDR, $AVAX, and $PYTH, are three top altcoins that are at critical levels. The market is still waiting for a Bitcoin rally, which has still not arrived.

The recent recovery for ONDO bolstered bulls, but can they push forward?

Pyth's Express Relay ambitiously serves to reduce value extraction by intermediaries and improve liquidation execution efficiency.

Pyth Network, a prominent Solana-based provider of real-time market data for blockchain applications, officially launched its latest product, Express Relay, on the mainnet at today's inaugural Pyth Agora 2024 summit in Brussels.

Pyth Network, an oracle network for real-time market data, has introduced Express Relay to provide a solution to the problem of Miner Extractable Value (MEV).

TL;DR Pyth Network launches Express Relay to reduce MEV in DeFi and return millions to dApps. The tool connects DeFi protocols with search engines, excluding miners. Major industry players have already integrated this solution. Pyth Network has launched Express Relay, a revolutionary tool aimed at mitigating miner-mined value (MEV) in decentralized finance (DeFi) transactions.

Pyth Network has launched Express Relay on mainnet, introducing a decentralized solution to the issue of Miner Extractable Value (MEV) in DeFi transactions. The Pyth Network provides real-time market data for blockchain applications, focusing on securely and inexpensively bringing latency-sensitive financial data on-chain.

Oracle solution Pyth Network has launched Express Relay, designed to connect leading trading firms to DeFi protocols.

Pyth Network's Express Replay could significantly enhance DeFi efficiency and fairness, reducing costs and improving liquidity for protocols. The post Pyth Network debuts new DeFi tool to slash MEV and return millions to dApps appeared first on Crypto Briefing.

Pyth Network, a blockchain market and finance data oracle, has launched its latest product, Express Relay, as per the latest information shared with Finbold on July 11.