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Despite a recent 1.8% uptick in the last 24 hours, Cosmos (ATOM) has struggled significantly over the past few months, with its price plummeting by 56% since March. As of now, ATOM is trading at around $6.27.
The market for cryptocurrencies is humming with hope because the recent climb of Bitcoin and the launch of Ethereum ETFs today is seen to create a positive wave. In this bustling environment, Cosmos (ATOM) is one cryptocurrency that shows great potential for a big break-through.
Noble and Ondo have launched USDY, the first native yield-bearing stablecoin for Cosmos ecosystem blockchains.
Keplr is integrating support for EVM, aiming to strengthen its functionality as a multi-layer wallet solution.
Bitcoin (BTC) has recorded strong inflows into its spot Bitcoin ETFs, suggesting that the sentiment may have turned positive, and traders are purchasing the asset aggressively, with the cryptocurrency also conquering crucial overhead resistance levels.
BTC's recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares.
After spending weeks in a downtrend, Bitcoin (BTC) finally bottomed around the $55,500 mark and has rebounded, climbing above $58,000 during the current week.
LayerZero Labs is partnering with Initia Labs to develop an interoperability standard for Cosmos, the two blockchain platforms announced on Wednesday. The goal is to enable Cosmos SDK chains and LayerZero-enabled chains to connect, facilitating omnichain interoperability.
Key points of the news LayerZero Labs and Initia Labs are developing an interoperability standard for Cosmos. This standard will allow Cosmos SDK-based chains to connect with Cosmos-enabled chains. The goal is to facilitate omnichannel interoperability between various blockchain networks.
Announced on the X platform, aiming to connect Cosmos with LayerZero-compatible chains for seamless cross-chain functionality.
Latest updates on the coins UNI, ATOM, and FET.
The crypto markets have left traders sweating as prices have dropped significantly. Bitcoin (BTC) has fallen off a cliff, losing the 200-day SMA and slipping below $55,000.
Evmos is creating more room for growth by adopting Interchain Security (ICS) from the Cosmos Hub using $ATOM. Here is a brief overview of what this is all about and why it is significant for Evmos.
Synternet's mainnet launch activates real monetary value for data within its ecosystem and enables the practical utilization of $SYNT.
Web3 infrastructure project Synternet has launched its mainnet data layer on Cosmos and commenced the next phase of its roadmap.
The Bitcoin (BTC) price had rebounded above the $62,000 mark. However, traders are unsure if the cryptocurrency's downturn is over.
Osmosis Decentralized Autonomous Organization (DAO) is unanimously supporting a proposal to adopt a revenue share proposal that enables a zero-fee Bitcoin bridge to the Cosmos ecosystem via Nomic. The proposal has received overwhelming community support, with about 92% of DAO members favoring the zero-fee upgrade.
TL;DR Osmosis DAO is on the verge of approving a ‘fee-free' Bitcoin bridge to enhance liquidity within the Cosmos ecosystem. The proposal has strong backing with 91.7% community votes in favor, aiming to eliminate Bitcoin bridge fees through Nomic.
If approved, the upgrade would mean bitcoin can move more freely into the Cosmos ecosystem, potentially bringing in new liquidity.
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.
The Cosmos team announced that Valence will enhance the web3 interoperability by furthering the capabilities of the Inter-Blockchain Communication (IBC) protocol.
Polkadot and Cosmos, two innovative blockchain protocols, share a common end goal but take distinct and fascinating paths to achieve it. Both protocols enable communication between different state machines through an interface, showcasing their unique and forward-thinking design.
Fireblocks collaborates with Celestia to boost blockchain scalability and usability within the Cosmos ecosystem.
