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.
Bitcoin has struggled to hold onto the critical $60,000 support level in recent weeks due to the increasing selling pressure. Meanwhile, several emerging altcoins have outperformed Bitcoin over the past week. This has made analysts rethink their forecasts on leading altcoins including FET, Quant and Fantom which might lead gains in the coming week.
Bitcoin's rebound above $57,000 sparks a wave of gains across the altcoin market, with QNT, FTM, and OM leading the charge.
On-chain data suggests further tailwinds for Quant's price.
Quant (QNT) investors are looking for new opportunities to maximize their bullish gains. One of the most promising investments gaining attention is Mpeppe (MPEPE), a new gambling coin currently priced at $0.0021.
QNT, the native token of Quant, has seen a 10% surge over the past day, making it the top gainer in the market today. According to price data from crypto.news, Quant (QNT) was trading at $77.02 upon writing.
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.
The crypto prices today have sparked a tidal wave of speculations among investors globally. Bitcoin (BTC) price encountered turbulence at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a volatile movement.
Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000. The total valuation of all cryptocurrencies remained at $2.04 trillion while the crypto fear and greed index moved to the fear zone of 37.
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The cryptocurrency landscape is once again showing signs of recovery, with notable projects like Quant (QNT) and Mpeppe (MPEPE) attracting significant attention from investors and traders alike. While Quant (QNT) is experiencing a surge in address activity, Mpeppe (MPEPE) is lighting up the market with its innovative features as a gambling casino ICO, offering unique opportunities for those looking to capitalize on the next wave of crypto growth.
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%.
Pendle, a decentralized finance (DeFi) yield trading protocol, has made a significant leap by expanding into Bitcoin (BTC) yield options.
Pendle (PENDLE) has made a bold move into Bitcoin yields by launching a new BTC pool, offering Bitcoin holders enhanced yield trading opportunities. With the introduction of the LBTC x Corn Pool, Bitcoin enthusiasts can benefit from diversified strategies, including higher returns, fixed yields, and more trading options.
In the world of cryptocurrency, both established giants and emerging tokens are capturing the attention of investors. Recently, Quant (QNT) has shown signs of a strong bullish trend, while whales are eyeing new opportunities in the fast-growing gambling token Mpeppe (MPEPE).
Pendle's BTC pools expansion diversifies DeFi opportunities, enhancing yield strategies and fixed yield trading for Bitcoin holders. The post Pendle expands yield opportunities for Bitcoin holders with new BTC pools appeared first on Crypto Briefing.
While Chainlink retains a strong lead, Pyth's rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market.
Quant's recent performance has been noteworthy. Over the past 24 hours, QNT has achieved a 7.5% gain, outpacing many other cryptocurrencies.
Daily active addresses have reached the highest level in more than a year.
The recent surge in Quant (QNT) prices has brought fresh optimism to its holders. Meanwhile, the new casino-based cryptocurrency, Mpeppe (MPEPE), is attracting significant investment from Ethereum (ETH) whales.
Quant (QNT) is among the altcoins that decoupled from the downside trends in the broad market, gaining over 17% over the past week. The weekly chart confirms a remarkable jump from $56.11 to press time levels of $71.04. That saw QNT hitting the highest price mark since 24 August.
QNT, the native token of Quant, has experienced a sharp rally over the past week, gaining over 17% in response to the regulatory green light for its staking feature. According to price data from crypto.
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.
Quant (QNT) token rose for the second consecutive day, reaching a high of $70, its highest swing since Aug. 26. It rose by over 23% from its lowest point last week but remains 54% below its highest point this year.
Cryptocurrency Prices Today (September 8): The broader market today regained an upward movement after a slumping action recently. Bitcoin (BTC) price reattained an upward movement to reach the $54K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green territory.
Explore an in-depth examination of RWA Coins price outlook in the current market context. The article provides expert insights and anticipations based on recent market trends and cryptocurrency forecasts.
Quant (QNT) is showing strong potential for growth as 2024 approaches, with several altcoins gearing up for a bull run. Despite a dip in the broader market and Bitcoin sliding toward $57,000, QNT remains resilient, holding steady above $50.
Decentralized Finance (DeFi) Protocol Penpie recently fell victim to an exploit that took millions of dollars worth of several crypto assets. Pendle, the protocol Penpie is based on, addressed the incident in a post-mortem post, revealing to have prevented further losses worth over $100 million in users' funds.
In a swift and coordinated response, DeFi project Pendle successfully protected approximately $105 million from a potential drain following a significant hack involving Penpie, an independent yield optimizer built on the Pendle ecosystem.
Pendle secured $105 million after a Penpie hack. Attacker exploited $27 million; funds converted into 11,109 ETH.
In a post-mortem published on Wednesday, the decentralized finance (DeFi) protocol Pendle claimed to have safeguarded around $105 million in funds.
DeFi protocol Pendle says it saved around $105 million from being further drained following a $27 million hack of yield optimizer Penpie.
Bitcoin's price took a sharp nosedive over the past two days, dropping from $65,062 to $58,053, a staggering 10.8% decrease. This recent decline has sent shockwaves through the cryptocurrency market, leaving investors and traders scrambling for answers.
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.
Bitcoin has recently faced a bit of turbulence, dropping from its previous high of $63,000. However, the analyst of Crypto Banter's The Sniper Trading show said that it's important to remember that the last low was around $49,000, and we are still maintaining higher lows, sitting comfortably at $59,000-$60,000.
Real World Assets domain cryptos are gaining attention steadily, and the upcoming September 2024 for MKR, ONDO, and, PENDLE, looks favorable for investment. Maker(MKR) MKR is loaded with positive fundamentals like the recent adoption by top crypto asset management Grayscale, which added MKR to its crypto investment list.
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.
As the cryptocurrency market navigates through a period of uncertainty, recent data from Crypto Quant suggests that Bitcoin may be on the cusp of a bearish trend. The report, which analyzes various market indicators, points to a slowdown in Bitcoin whale activity—a development that could signal a weakening of the cryptocurrency's bullish momentum.
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.
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Bitcoin (BTC) has once again captured the attention of the crypto community with its recent price movements. After surging past the $55,000 mark in early August 2024, Bitcoin has been trading within a tight range, oscillating between $57,000 and $63,000.
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.