Chromia's $20M fund and Asgard upgrade could significantly enhance its ecosystem, fostering innovation in AI and data-centric applications. The post Chromia unveils $20 million data and AI fund, plans Asgard upgrade appeared first on Crypto Briefing.
This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.
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.
Take a comprehensive look at this article, as traders gear up for the US Presidential Election with a strategic investment in these five bullish coins. Find out which cryptocurrencies are anticipated to offer stable returns during the uncertain election period.
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.
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.
The recent turmoil within the market has dragged the majority of the tokens below the crucial support levels. Meanwhile, some of the altcoins like FTM, AI tokens like FET or memecoins like WIF have been displaying significant strength.
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.
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.
Chromia, a Layer 1 relational blockchain powering an ecosystem of gaming, tokenization, DePINs and NFTs, announced its updated roadmap – setting a new path for the community. The newly updated strategy for Chromia
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.
Despite a general crypto market decline that has seen the global crypto market cap drop by about 1% to $2.03 trillion, Mantra (OM), Bitcoin SV (BSV), and AAVE have registered impressive gains, driven by recent developments.
Mantra, the popular cryptocurrency for Real World Asset tokenization, bounced back on Tuesday, Sep. 3 after hitting a crucial support level.
The traders have gained immense interest in the RWA tokens during the last quarter of 2023, which triggered a bullish wave within the markets. The market capitalization of them soared massively from around $2 billion to as high as $57.60 billion by the end of Q1 2024.
With the new bull run in action in 2024, the crypto market is racing at a high speed to recover lost levels. Driving a new trend of evolution in the DeFi space, the crypto market has experienced immense developments across NFTs and the Gaming sector.
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.
Many altcoins have struggled to maintain a bullish outlook for much of this cycle, resulting in only a few reaching new all-time highs (ATH).
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.
On August 14, MANTRA, a dedicated layer-1 (L1) blockchain for real-world assets (RWAs), announced a partnership with Novus Aviation Capital. This collaboration aims to tokenize assets within the $200 billion aviation financing market.
Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.
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Pendle, the decentralised finance protocol that's riding the tokenization wave across the crypto space, is one of the top-performing altcoins in the past 24 hours. The protocol's native token PENDLE, which offers holders access to the trading of future yield, was up 42% at the time of writing to hover near $2.75.
TL;DR ONDO's Performance: ONDO, the native token of Ondo Finance, one of the RWA cryptocurrencies, surged by nearly 37% in the last 24 hours, reaching a price of $0.71. Despite this short-term gain, ONDO has experienced a 25% decline from its August 1 price of $0.95.
After a significant drop yesterday, Bitcoin and the broader crypto market finally recovered remarkably.
The Pendle price prolonged its consolidation from last as the broader market witnessed a surge in supply pressure after Bitcoin reverted from $70000 on Monday—the renewed selling pressure in pressing the Pendle coin against multi-month support with potential for bearish breakdown. However, recent accumulations from prominent institutions signal a potential for reversal.
Mantra price has suffered a harsh reversal, falling for three consecutive days and moving into a technical correction. At the time of writing, Mantra (OM) token was trading at $1.2458, down by over 11% from its highest point this month.
Pendle Finance, a prominent decentralized finance (DeFi) protocol specializing in yield trading solutions, is staging a strong recovery following a major security breach earlier this year. The incident, involving a malicious DNS redirect and domain hijack attempt, led to a temporary shutdown of Pendle's app.
As the crypto market takes a slow approach in the middle of the week, Bitcoin and other top altcoins are taking it easy. However, the low-cap altcoins amplify the minor upticks for a quick rise and breakout rally opportunities.
Despite the recent bounce in the market, there is enough opportunity as many altcoins remain majorly undervalued. Analyst Miles Deutscher said some altcoins could perform exceptionally well if the market gains momentum.
This launch is a big step for Chromia and its CHR token. The current CHR token is transitioning from ERC-20 on Ethereum and BEP-20 on BNB Chain to the new MVP Mainnet.
The Mantra price prediction looks bullish, as the token surged 36% in the past week, including a 2.4 increase in the last 24 hours to trade at $1.30. The price rise comes as Season 2 of the Mantra GenDrop begins.
Chromia announced its Mainnet launch, offering a proof of concept for the next generation of blockchain networks.
OM is currently the 80th-largest cryptocurrency.
MANTRA, a layer-1 blockchain platform specializing in real-world asset (RWA) tokenizations, has reached a new all-time high for its OM token.
TL;DR TVL Recovery Efforts: Pendle, a yield trading protocol, is addressing a 40% decline in its TVL. To reverse this trend, Pendle has launched new liquidity pools on the Arbitrum network. Pendle-Karak Collaboration: In addition to the pools, Pendle has partnered with Karak Network.
Chromia launches MVP mainnet, marking a new era in the decentralized application field with its relational blockchain technology.
The cryptocurrency market has added over $240 Billion to its global valuation over the past seven days, highlighting increased bullish sentiment in the crypto space. Moreover, with the rising speculations of the listing of EthereumETF, the ETH price has reclaimed the $3.4K mark.