Ethena (ENA) has been facing significant challenges in recent weeks, primarily due to large-scale sell-offs by whale investors. The token, which had experienced some fluctuations, recently saw a sharp drop in value, triggering concerns about its future price trajectory.
Investor profit-taking has shaken market confidence in ENA, prompting a sharp sell-off.
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
TL;DR Pyth Network's Lazer Oracle offers ultra-low-latency price feeds, bridging the gap between DeFi and TradFi with real-time data updates. Key features include customizable frequency channels and detailed market data, enabling DeFi protocols to compete with centralized exchanges. The launch marks a significant milestone, eliminating inefficiencies and front-running risks, driving growth in the DeFi space.
Pyth Network has introduced Lazer, a new oracle solution designed to complement its existing Pyth Core offering.
Ethena (ENA), once a promising cryptocurrency, is now under significant pressure as its price continues to drop. After losing the crucial support level of $0.86, the token has slipped to $0.81, leaving many investors worried about its future.
ENA trades below critical support levels, with analysts predicting further declines unless a recovery above $0.86 is achieved.
The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
The team estimates it could earn approximately 27% APY, helping drive revenue to Sky and maximizing returns for Savings USDS depositors.
Ethena token stabilized after falling sharply in recent days following Spark's announcement of stablecoin integration. Ethena (ENA) rose to $0.83 on Jan. 14, recovering from this week's low of $0.7255.
Chainlink (LINK) joined Aptos (APT) and Filecoin (FIL) as a top performer, gaining 6.7% from Monday.
Ethena (ENA), a promising contender in the cryptocurrency space, is under scrutiny following a significant $6.46 million deposit of 7.85 million tokens by Arthur Hayes, co-founder of BitMEX, into Binance and Bybit. This high-profile move has fueled market speculation about potential sell-offs or strategic repositioning, driving a 9.84% price drop.
ENA faces market challenges, yet investor sentiment remains cautiously optimistic.
Investors today are buying cryptocurrencies that hold strong, as this is a major step towards owning digital assets and gaining financial freedom. This was the picture PYTH and TEZOS painted, holding firm in the cryptocurrency market until recently when their prices started dipping.
Arthur Hayes actively traded Ethena (ENA), while also encouraging users to buy USDe for staking.
USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It's a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar.
The crypto market cap stood at $3.2 trillion on January 10, 2025, as the US trading session saw Bitcoin continue to struggle with downside pressure. As BTC dominance hovered around 56.8% and Ethereum's at 12%, the global 24-hour trading volume fell 1.2% to about $156.9 billion.
Aptos Network has announced it has integrated its network with Chainlink data feeds to boost innovation and development of decentralized applications (dApps) on its network. The integration allows Aptos to leverage Chainlink's data feeds for on-chain activities.
Bitcoin (BTC) dipped to its lowest level since November as its post-election rally lost steam. BTC fell to an intraday low of $91,314 before recovering to its current level of $93,311.
TL;DR Aptos has integrated Chainlink data feeds, allowing developers to access verifiable and tamper-resistant data. Chainlink, a decentralized oracle network, enables smart contracts on APT to use external data accurately. With the integration of Chainlink, APT strengthens its infrastructure, ensuring fast and secure transactions. Aptos has integrated Chainlink data feeds into its network.
Despite recent price declines, Aptos token shows increasing network activity with 1.2 million daily active addresses and $15.05 million in exchange outflows, while trading near a historical demand zone that has previously triggered upward price movements.
Now developers will be able to easily and securely acquire data from outside the blockchain.
Aptos (APT), a rising player in the cryptocurrency market, is capturing attention as it enters a key price zone that could drives significant price movement. Despite recent struggles, the token shows potential for recovery, backed by encouraging on-chain data and optimistic trading trends.
Ethena (ENA) has experienced a significant 18% drop in price over the last 24 hours, pushing its market cap below the $3 billion mark. Despite this, ENA remains one of the top 50 largest cryptocurrencies by market capitalization.
APT's price could see further gains as traders capitalize on shifting market sentiment.
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds.
Aptos has added Chainlink Data Feeds to give developers access to reliable off-chain data in order to enhance the development of dApps on its blockchain. Chainlink is a decentralized oracle network that provides trusted and secure data to blockchains, and it is a popular solution in the Web3.
Aptos has integrated Chainlink Data Feeds, enabling developers on its blockchain to access trusted off-chain data for building decentralized applications.
Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
Digital assets remain in the red as Bitcoin hovers below $95K after its recent plunge from above $100K. Ethena saw its value decline over the past few days, and a 7% price dip in the past day plunged its market cap beneath $3 billion.
Ethena (ENA) price has dropped 18% in the last 24 hours, pushing its market cap below $3 billion. Despite this decline, ENA remains one of the top 50 largest cryptos by market cap.
Pyth Network is partnering with Revolut to contribute to both centralized and decentralized financial markets. The pair will distribute Pyth's sophisticated price data through Revolut's massive user base.
Aptos (APT), a blockchain project that combines cutting-edge technology with an ambitious vision for the future, has been attracting significant attention in the cryptocurrency world. While it may not be as well-known as Bitcoin or Ethereum, Aptos stands out for its focus on scalability, low transaction costs, and its integration with artificial intelligence (AI).
Revolut, the U.K.-based digital banking giant, is the latest company to join the Pyth Network as a data publisher.
Revolut breaks new ground as the first traditional finance institution to join Pyth Network as a data publisher, aiming to enhance DeFi market transparency through reliable crypto price feeds.
TL;DR Revolut becomes the first banking data publisher to join the Pyth Network, integrating its data into Pyth's price feeds for DeFi applications. The Pyth Network, which provides real-time market data, will strengthen its infrastructure with this collaboration, expanding its feeds to over 500 sources.
PYTH is down by 9% in the past 24-hours despite the deal.
Aptos, one of the most popular L1 blockchains outside the Ethereum Virtual Machine ecosystem, hit two adoption milestones in the first week of 2025. It celebrates the arrival of veteran DeFi Aave v3 on its testnet, while its largest IDO platform now supports native USDT.
Revolut has teamed up with Pyth Network to contribute proprietary digital asset price data to its decentralized oracle system. This partnership seeks to empower DeFi applications with precise, real-time market data and improve decision-making for developers and users across blockchain ecosystems. The post Revolut Partners With Pyth Network to Supply Market Data appeared first on Cryptonews.
Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.
Revolut will integrate its data into Pyth price feeds, allowing DeFi developers to incorporate it into their decentralized applications.
Near Protocol (NEAR) joined Aptos (APT) as an underperformer, also dipping 5.1%.
Aave's testnet deployment on Aptos aims to assess V3's safety and performance, with mainnet launch pending governance approval.
Aave has deployed its third-generation lending protocol on the Aptos testnet as part of a 2025 expansion pack.
BitTorrent (BTT), FTX Token (FTT), and Aptos (APT) are driving attention today with notable price movements and market activity. BTT has risen nearly 6% in the past 24 hours, forming a bullish golden cross and experiencing a 170% surge in trading volume to $130 million.
Ethena, a well-known synthetic dollar protocol built on the Ethereum blockchain, is considering its next goals for the new year.
Aptos struggles to sustain momentum despite recovery signals and cautious optimism from traders.