Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.
Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.
Bitcoin (BTC) continued to hover around the $90,000-$91,000 levels as sellers continued to prevent a move higher. The world's largest cryptocurrency registered a marginal increase over the past 24 hours, trading just above the $91,000 level.
Story Highlights The live price of ANKR is . ANK price may claim a maximum of $0.0457 in 2024. Ankr price could reach as high as $0.235 by 2030. The web3 foundations have been helping blockchain networks redefine the true value of a decentralized financial system.
Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.
Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
Injective Protocol's native token, INJ, has shown impressive bullish momentum lately. The token has gained 49.15% in the past week, followed by an additional 16.09% surge in just the last 24 hours.
INJ has been on a steady long-term rally in the market. Can this positive momentum take the altcoin to $53?
As the tectonic plates shift in the crypto market, the bulls are on the cusp of starting an altcoin season. Amid this, the DeFi Tokens, mainly DEX tokens, can find an opportunity to reclaim 2021 levels. The native token of Sushiswap, SUSHI, shows such potential if the market turns favorable.
Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.
Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.
Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.
Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.
TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.
Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.
Agora's USD stablecoin has gone live on Injective after making its debut on Ethereum, Avalanche and Sui Networks previously.
This week's Crypto Biz also explores Tesla's Bitcoin holds, Avalanche's Visa card, Core Scientific's billionaire deal with CoreWeave and Chainlink's pilot for corporate databases.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.
Injective (INJ) may soon join the Artificial Superintelligence Alliance (ASI) group, which comprises Fetch.ai, SingularityNET, and Ocean Protocol.
Ankr's recent integration with The Open Network (TON) is creating excitement among developers and investors. The partnership, designed to facilitate decentralized application (dApp) development on TON, could impact Toncoin Price in the coming months.
According to Ankr, the integration will eliminate node management for developers, allowing faster development into the TON network.
TL;DR Ankr integrates with The Open Network (TON) to facilitate the development of decentralized applications (dApps) on Telegram. The collaboration will allow developers to access the TON blockchain without needing to manage their own nodes. Ankr presents new RPC connections that simplify communication between TON nodes and end users, removing technical barriers in blockchain development.
The integration will provide a "gateway for developers to build on TON blockchain" and gain access to Telegram's community.
Injective (INJ), a leading player in the decentralized finance (DeFi) space, is capturing the attention of traders and investors as it strives to reclaim the $35 mark. After consolidating above its previous all-time high set in 2021, INJ is at a pivotal point where its next moves could dictate significant price action in the near future.
NTT Digital, part of Japan's largest telecom, joins Injective (INJ)as a validator, enhancing the blockchain's security and expanding its influence in Asia's Web3 market.
Injective consolidates above 2021 high, aiming for bullish breakout and higher gains.
TL;DR Enhanced Liquidity: Sushi's ‘Super Swap' roadmap aims to improve liquidity across over 35 blockchain networks, ensuring seamless and efficient transactions. Ecosystem Growth: The roadmap focuses on integrating various blockchain networks, simplifying user access, and driving ecosystem growth by attracting more users and developers.
DEX SushiSwap unveiled a roadmap for its future development, promising to “Swap Everything”. The announcement particularly focused on their new Route Processor technology, and how it will impact users.
Sushi expands cross-chain presence with Route Processor technology across 35+ networks, enabling optimized trading routes and deep liquidity access.
On October 21st, Sushi announced its Super Swap roadmap. The roadmap includes various important updates and expansions directed towards improving user experience and operations across different blockchain networks.
The Sushi Super Swap roadmap was launched with expansion on multi-chain expansion, cross-chain aggregation, and the introduction of Blade AMM.
TL;DR Strategic Acquisition: SushiSwap is set to announce a strategic acquisition aimed at enhancing its automated market maker (AMM) and perpetuals (perps) offerings, as revealed by CEO Jared Grey. Growth and Innovation: The acquisition is expected to introduce new DeFi tools and features, positioning SushiSwap as a top competitor among DEXes and aggregators.
Grey hinted that big changes should be expected in the decentralized exchange (DEX) space, particularly in the automated market maker (AMM) and perpetuals (perps) sectors.
Injective (INJ) has recently caught the attention of cryptocurrency enthusiasts and investors alike, as it showcases a significant volume surge of 340%. This surge has led to discussions about the token's potential to break through critical resistance levels, particularly the key mark of $24.
Surging volume and bullish sentiment are driving optimism for INJ's breakout, but challenges remain.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
Will Upbit's influence on MEW repeat itself as far as Injective's INJ is concerned?
Injective (INJ) briefly surged to a 16-day high of $23.09 on Thursday, following its listing on South Korea's leading crypto exchange, Upbit. Since then, the price has corrected by 7% and is now trading at $21.28.
The Injective crypto has constantly been the talk of the town owing to its scheduled listing on Bitfinex. The Injective project is one of the most successful projects of the Cosmos Network and remains on the radar of investors and traders alike.
Injective price has soared more than 10% today, crossing the brief $23 mark, echoing the positive sentiment hovering in the broader market. The rally comes as the INJ crypto secures a major listing on a leading Korean exchange, indicating the exchange's confidence in the crypto.
Paxos has launched the yield-bearing stablecoin wrapped Lift Dollar (wUSDL) on Injective, according to an announcement on October 16. Lift Dollar is a new yield-bearing stablecoin pegged 1:1 to the US dollar. The United Arab Emirates-regulated Paxos International, an affiliate of Paxos, launched Lift Dollar (USDL) in June this year.
As we are about to step in 2025, uncertainty seems to be a recurring theme, whether in financial markets, personal investments, or even securing digital assets. People are constantly seeking stability and reliability amidst these challenges.