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.
The cryptocurrency market continues to see significant shifts in 2024, with Pendle (PENDLE) emerging as one of the standout performers. After a year of impressive growth, Pendle has risen by 355% year-to-date, with its total value locked (TVL) reaching a robust $3.392 billion.
Chainlink, Arweave and Cosmos are among altcoins showing a bullish outlook as investors target Bitcoin (BTC) move to $100k. This means that while leading altcoins like Ethereum, Solana and XRP are firmly on traders' radar, LINK, AR and ATOM are also attracting attention.
A Pendle whale has made a significant windfall, realizing an eye-popping $8.16 million profit from its recent investments in the Pendle token (PENDLE). This impressive gain, amounting to a 680% return on investment (ROI), highlights the growing demand and excitement surrounding Pendle, a decentralized finance (DeFi) project.
The crypto market is slowly returning to its full potential, where crypto trading is all about new gains and profits. In the last few days, the bulls have taken over the market.
According to recent on-chain data from EtherScan, Pendle team has transferred a whopping 2.025 million tokens to Binance, worth about $11.11 million. PENDLE token is swapped hands at about $5.51; it has increased over 4% over the last 24 hours and impressively 25.28% over the last 7 days.
Pendle's price action has stalled recently, raising concerns among investors as on-chain data reveals that the Pendle team has been selling off significant amounts of the token. With this new development, questions are swirling about whether Pendle is at risk of a major price drop in the near future.
Pendle price rallied to a four-month high as the positive sentiment in the crypto industry remained. It jumped to an intraday high of $5.69, continuing a bull run that started on August 5 when it bottomed at $1.828.
Binance will temporarily suspend Arweave (AR) deposits and withdrawals to support a network upgrade and hard fork, ensuring seamless user experience.
With altcoins struggling to sustain the bull run amid the market chaos, Toncoin and Pendle are crashing below crucial levels. While Toncoin heads below $4.63 support, Pendle breaks the 50-day EMA support.
The cryptocurrency market has started the week with a noticeable recovery, bringing renewed buying pressure across many altcoins. One standout performer is Pendle (PENDLE), which has recently climbed to a price of $4.52, marking an impressive 18% increase over the past month.
With the crypto market starting the week on a recovery note, the altcoins are witnessing a refreshed surge in buying pressure. Among the top performers, Pendle (PENDLE) has hit the $4.5 market price with an 18% jump in the last 30 days.
A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.
Chainlink (LINK) and Raydium (RAY) are signalling a potential breakout as bulls look to reclaim control. Another altcoin showing significant movement, despite paring recent gains is Pendle (PENDLE), which has attracted whales amid growing traction for decentralised finance protocols.
Pendle (PENDLE) has experienced an impressive recovery of 43% over the past 30 days, reaching a new monthly high of $5.13. Despite this bullish trend, key resistance levels and whale activity suggest traders should carefully consider their entry points.
PENDLE at crossroads as whales trim exposure despite overall bullish outlook.
Yield generation or farming cryptocurrencies exploded in the last crypto bull cycle but were still experimental in the early stages. Over three years later, the decentralized finance (DeFi) ecosystem and protocols have improved significantly, creating solid and promising market opportunities.
If you feel like you missed the boat on early investments in Arbitrum, don't fret! Qubetics is here to offer a new opportunity for crypto enthusiasts looking to capitalize on the growing blockchain market. With its innovative applications and attractive presale structure, now is the time to get involved with Qubetics.
Imagine achieving a 2000% return on your investment within just a few months. For many early cryptocurrency investors, this extraordinary gain is becoming a reality rather than a fantasy. Projects like Qubetics, Crudo Protocol, and Arweave are capturing significant attention from investors, each offering unique and compelling opportunities.
PENDLE, the native token of Pendle, a real-world asset (RWA) tokenization platform, may be steady at press time. However, looking at CoinMarketCap data, the token is up 130X from its November 2022 lows and 41% from all-time highs registered in 2024.
As the altcoin market witnesses a resurgence in activity, tokenized real-world assets (RWA) are worthy of your attention as a trader.
The cryptocurrency landscape is ever-evolving, and one token that has gained significant attention is Arweave (AR). With its innovative data storage solutions, Arweave aims to revolutionize how information is stored and accessed on the blockchain.
Arthur Hayes, the co-founder of BitMax, has drastically reduced his holdings in $PENDLE by an astonishing 87% within just four days. This significant move has sent shockwaves through the market and has left many investors wondering what it could mean for the future of this digital asset.
Arweave leads AI altcoins, showing bullish signs for potential higher prices.
BitMEX co-founder and former CEO Arthur Hayes has attracted the attention of crypto enthusiasts with his latest investment strategies. On-chain stats show he has actively purchased Aethir (ATH) lately while shifting from Pendle (PENDLE). Arthur Hayes adds 30.89M ATH Spot On Chain revealed that Hayes purchased 30.89 million ATH, worth around $1.
Arthur Hayes once again dumped a massive 240,000 PENDLE tokens worth $957,600.
Arthur Hayes' family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain.
Story Highlights The live price of the AR token is . The Arweave price could reach a high of $47.25 in 2024. With a potential surge, the price may hit $234.47 by 2030. With the bitcoin price crossing the $63,000 mark, the altcoin sector is ready to resurge to 2021 levels.
As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.
Cryptocurrency prices have pointed upwards in the past few days as the market digest the recent central bank decisions. Bitcoin, the biggest crypto in the industry, has held steady above $63,000, although signs indicate its recovery is waning. Similarly, the combined market cap of all cryptocurrencies rose to over $2.2 trillion.
After selling millions of dollars worth of PENDLE tokens, Arthur Hayes, the ex-CEO and co-founder of BitMEX, purchased a significant amount of Aethir (ATH) tokens from centralized exchanges (CEXs). On September 23, 2024, the on-chain analytics firm TheDataNerd made a post on X (formerly Twitter) that Hayes had bought 14.
From PENDLE to MOTHER, and then some dog-themed coins: is Hayes charting the next big wave in crypto?
BitMEX co-founder Arthur Hayes has fueled speculations with his latest shift in the trading strategy. Recently, he has been seen offloading his PENDLE holdings, after praising the crypto over the past few months, while shifting his focus towards the DePIN project, Aethir (ATH).
BitMEX founder Arthur Hayes has had a complex relationship with Pendle (PENDLE), as demonstrated by his interactions with the protocol during the last few months.
On-chain data shows a large amount of Pendle inflow into whale addresses a day after Arthur Hayes, co-founder of the BitMEX crypto exchange, sold the asset. Lookonchain's X post shows that Hayes sold 1.59 million Pendle (PENDLE) for $5.
The Pendle crypto has recently garnered investors' attention with a high momentum rally and defying the sell-off from large holders. The recovery trend initiated with the U.S. Federal Reserve rate cut speculation but gained stability with a key resistance breakout.
PENDLE is poised for a potential surge, with predictions indicating it could climb to $6 if it successfully closes above the $4.90 mark.
After a sell-off of 350,010 Pendle (PENDLE) tokens worth $1.26 million on Binance and Bybit, a post by former BitMEX CEO and co-founder Arthur Hayes on X (formerly Twitter) gained widespread attention. On September 21, 2024, Hayes posted that Maelstrom (Hayes family office fund) had reduced its PENDLE holding.
Arthur Hayes deposits $1.26M PENDLE, and retains $5.93M unlocked tokens. PENDLE hits 8-day high amid market recovery and whale activity.
According to Lookonchain, veteran crypto investor and CEO of BitMex Arthur Hayes sold 350,000 $PENDLE tokens worth approximately $1.26 million at a loss of over $790K (~ -36%). According to the crypto insights provider, Hayes bought 392,911 $PENDLE worth $2.2 million (~$5.6 per token) through Wintermute between May 20 and June 21.
The cryptocurrency market retains its bullish outlook for the second half of September as Bitcoin rigorously attempts to reclaim $60,000. Along with most major altcoins, the Pendle price showcased a notable uptick during Monday's trading session to hit a 50-day high of $3.68.
Bitcoin has once again surged above $60k causing the entire cryptocurrency market to turn bullish with tokens like Orchid (OXT), Osmosis (OSMO), Peercoin (PPC), and Pendle (PENDLE) causing a buzz due to their price performance.
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.
Pendle price has been on an uptrend for the past seven days, becoming the best-performing real-world asset (RWA) token in that sector. PENDLE gained a staggering 27% in a week, bringing its market cap to $547 million.
TL;DR Pendle's Expansion: Pendle, a DeFi protocol, has launched Bitcoin yield pools, allowing BTC holders to explore new yield strategies and broaden their options within the DeFi ecosystem.
The global cryptocurrency market cap rose early Thursday as upside momentum during the Asian trading hours pushed Bitcoin (BTC) to a one week high above $58,400. Several altcoins followed suit, with outperformers being Sui (SUI) and Artificial Superintelligence Alliance (FET). Amid broader market gains, Nano (XNO) and NEM (XEM) also rose.
The floating yields on the bitcoin-linked LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.