This major development opens the door for DeFi applications tied to energy markets. By launching real-time oil price feeds, Pyth is bridging the gap between traditional financial markets and decentralized solutions.

A closely followed crypto trader and Elliott Wave specialist is forecasting rallies for several altcoins amid a correction in the digital asset markets. Pseudonymous trader Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Network (PYTH) has broken out of a bull flag pattern.

The PYTH token has been on a stunning upward trajectory in recent months, posting an impressive 90.29% price increase in the past 90 days. Trading at around $0.475, PYTH is currently pushing against a significant resistance level at $0.52.

The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.

November was marked by Bitcoin reaching a new all-time high, with other coins like Solana and SUI following its lead. Although the altcoins season may not be here yet, as BTC continues to dominate the charts, projects like Virtual Protocol (VIRTUAL), Pyth Network (PYTH), and Raydium (RAY) are showcasing impressive growth.

Binance's BNSOL introduces a revolutionary staking solution, allowing users to maintain liquidity while earning attractive rewards.

Pyth Network (PYTH) exhibits robust bullishness as it approaches a channel breakout that could trigger a 73% price surge. The altcoin saw renewed bullish momentum over the past day after 21Shares launched multiple four ETPs, including a PYTH one.

Binance announces the launch of Pyth Network (PYTH) on BNSOL Super Stake, offering users PYTH APR Boost Airdrop Rewards for staking SOL into BNSOL.

With fresh bullish momentum, the PYTH network is back among top performers. Following the overnight surge of 10%, the PYTH price is ready for channel breakout. Will this breakout rally result in a 70% surge? Let's find out in this Coinpedia's PYTH Price Analysis.

Crypto product firm 21Shares is launching new exchange-traded products (ETPs) centered around four prominent digital assets.

21Shares has introduced four new exchange-traded products (ETPs) focused on emerging blockchain technologies. The new offerings include the NEAR Protocol Staking ETP, Ondo ETP, Pyth Network ETP, and Render ETP.

21Shares, a leading investment firm in the crypto sector, has expanded its portfolio with four new exchange-traded products (ETPs)—NEAR Protocol Staking ETP, Ondo ETP, Render ETP, and Pyth Network ETP—cementing its position as a pioneer in offering regulated access to blockchain innovations.

$2.9M in $PYTH stolen via zero-transfer phishing on Solana. Scammers swapped stolen $PYTH for $SOL, consolidating stolen funds.

VanEck launches a Solana Pyth ETN in Europe, offering exposure to PYTH token via Euronext, enhancing access to oracle network assets. The post VanEck launches Pyth ETN in Europe appeared first on Crypto Briefing.

VanEck has launched its latest Exchange Traded Note, the VanEck Pyth ETN.

Asset manager VanEck has launched a new ETN based on PYTH, specifically for European buyers. The Pyth network, a decentralized oracle protocol, has earned praise from VanEck for its potential to transform the DeFi landscape.

VanEck asset management company has launched a new PYTH ETN product, extending its European offerings with a focus on the Solana-backed Pyth Network. This new product, listed on Euronext Amsterdam and Euronext Paris, aims to provide investors across 15 European countries with exposure to PYTH without requiring direct cryptocurrency holdings.

TL;DR VanEck launches the Pyth ETN on Euronext Amsterdam and Euronext Paris. The Pyth Network acts as a decentralized oracle, providing external data to smart contracts. The ETN is available in several European countries, including Germany, France and Spain.

The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.

VanEck introduced a new ETN linked to the PYTH token, allowing investors in 15 European countries to indirectly invest in PYTH.

This new Exchange-Traded Note (ETN) lets investors invest in the performance of PYTH. They don't need to buy or store it directly.

Pyth Network's momentum showcases its potential to challenge established Oracle providers significantly.

Pyth Network's pull-based model has driven high transaction volumes, intensifying the Oracle's competition with Chainlink.

Pyth Network, a top oracle network, has expanded its reach within the decentralized finance market with a new feature dubbed Redemption Rate Feeds. Announced on Oct.

As Bitcoin price stabilizes above the $67,000 level, the altcoin market has regained momentum with many blue-chip and mid-cap projects recording double-digit gains in their respective portfolios.

As the Bitcoin price stabilizes above the $66,000 mark, the altcoins are making a comeback. The market, excluding Bitcoin and Ethereum, has reclaimed the $600 billion mark and has increased by 7.19% from its 7-day low at $574.81 billion.

In the last 24 hours, SUI prices have increased by 3.54%, resulting in a 7.74% jump in the past 24 hours. With a market cap of $1.23 billion, PYTH ranks as the 62nd biggest cryptocurrency in the market. Despite moving at a 70.48% discount from its all-time high level of $1.

The cryptocurrency market has recorded a strong bullish recovery over the past weekend. Moreover, with the BTC price hovering close to the $63k mark, top altcoins have regained momentum. Further, the Solana price is on the verge of reclaiming the $150 mark.

With the altcoins market, excluding Bitcoin and Ethereum, crashing under $600M, bearish clouds turn darker over crypto. Amid such conditions, a fresh recovery day with BTC hitting $62k shows a relief jump in altcoins. Further, despite the global tensions heating up, these altcoins are teasing a bounce back next week.

Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.

Oracle platform Pyth Network now supports Mother Iggy, bringing real-time price feeds to more than 75 blockchains. Pyth Network (PYTH) announced this on Sept.

The Pyth Network has launched its Oracle Integrity Staking (OIS) program, designed to enhance accountability among data sources by introducing both staking rewards and penalties for participants.

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.

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.

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!

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.

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