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THOR Chain's token, RUNE, has captured market attention with a swift 18% rebound following a sharp 33% drop. As volatility in the crypto market remains high, THOR Chain's price movement suggests renewed interest in RUNE, ignite discussions on whether the token can continue its recovery or if further consolidation is on the horizon.
It appeared more likely that RUNE would consolidate, allowing time for short liquidations to build up.
RUNE fell 15% but began recovery, with potential bottom at $4.50.
RUNE, the native token of the decentralized cross-chain liquidity protocol ThorChain, recently broke out of a falling wedge pattern after trading within it since its year-to-date high of $10.60 on March 13.
With this partnership, you can trade your assets without needing a centralized exchange. With THORChain, users can exchange assets across different blockchains right from their Ledger Live Desktop app.
TL;DR Ledger Integrates THORChain: Ledger has integrated THORChain into its Ledger Live app, enabling users to perform native swaps between Bitcoin and Ethereum directly within the app, enhancing security and user experience. Seamless Cross-Chain Swaps: This integration allows for seamless cross-chain swaps without relying on wrapped tokens or centralized exchanges.
The hardware wallet Ledger has just introduced native cross-chain swaps thanks to the latest integration of the THORChain network.
If you've ever wanted to trade something like BTC for ETH without jumping through hoops, now's your chance. Users can do it all directly from their Ledger device, keeping their assets safe.
Ledger will allow users to swap assets across chains in its app using the decentralized liquidity protocol THORChain.
The Securities and Exchange Commission (SEC) has intensified its scrutiny of digital assets, particularly affecting RUNE Coin. The agency shared two critical filings related to Thorchain, the platform behind RUNE Coin, which have caused a significant decline in its price.
Bitcoin (BTC) is currently heading higher. All eyes will be on the number one cryptocurrency as it paves the way for the crypto sector.
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORchain ($RUNE) are among them.
THORChain's Q3 2024 report highlights new integrations, a focus on risk management, and strategic shifts towards the App Layer, enhancing the ecosystem's resilience and innovation.
In a crucial move to enhance its decentralization efforts, liquidity protocol THORChain (RUNE) has revealed plans to bridge decentralized finance (DeFi) to the top cryptocurrency by market cap, Bitcoin. The development comes as THORChain cements its presence in the digital assets space. RUNE's total value locked (TVL) has grown steadily from $225.
RUNE surges with bullish trends, strong TVL, and upcoming validator changes.
Both the INJ/USD and RUNE/USD pairs have broken out in favour of these altcoins over the last week. Can they both break the downtrend, or could the BTC/USD pairing break down and turn these altcoin price movements into a fake-out?
Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.
Kujira and its partner join the Rujira Alliance to create a new DeFi app layer for THORChain.
TL;DR Kujira merges with major ecosystem projects to form the Rujira Alliance, aiming to expand THORChain's capabilities and reach. Rujira Alliance to revolutionize DeFi by integrating member strengths, enhancing user experience, and providing seamless access to DeFi services. Introduction of a new native token to facilitate transactions and incentivize participation, driving further engagement and investment in THORChain.
DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain's app layer, backed by a new token.
THORChain recently underwent a hard fork, but it wasn't enough for the bulls to gain control of the market.
TL;DR The major THORChain hard fork took place on September 4, but the price of RUNE has dropped 70% in the past six months. RUNE has dropped 12% in the last 24 hours and continues to decline.
THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly anticipated, sellers still needed to press on, looking at the formation in the daily chart.
THORChain price (RUNE) has experienced a noticeable uptick in its value as the broader cryptocurrency market begins to rebound. The price of RUNE is indicating a robust recovery, hinting at positive market dynamics.
