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The crypto market cap rose by almost $23 billion in the trading hours bringing the market capitalization to $1.6 Trillion.

The THORChain (RUNE) traders can maintain a bullish view until the price sustains above the rising parallel channel pattern. Moreover, a recent reversal from the support trendline should trigger a bull run with its target at the resistance trendline.

Rune could be set for a relief bounce despite having difficulty breaking the daily resistance. The crypto market saw a setback in price after Bitcoin (BTC) saw a retracement back to a key support area leading to a drawback to the likes of Rune, but the market state indicates Rune could be set for a rally.

Uniswap (UNI/USD), THORChain (RUNE/USD), Synthetix Network (SNX/USD), and PancakeSwap (CAKE/USD) are some of the best DEX tokens to get at the end of July. On July 21, 2022, Uniswap welcomed their new VP of Product, Will Ruben, which showcases that their team is expanding rapidly.

With the exception of Trust Wallet Token, every other altcoin among the top 100 cryptocurrencies in the world has traded in the red.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. RUNE saw a convincing reversal from the 23.6% Fibonacci level over the last day.

Major cryptocurrencies look set to end the week in the green with plenty of macro risk on deck next week.

THORChain (RUNE) has been trading inside a corrective pattern since June 18 but is currently making an attempt at breaking out from it. The post THORChain (RUNE) Attempts Breakout After Doubling in Price Since June Lows appeared first on BeInCrypto.

The cross-chain decentralized exchange platform, THORChain, will no longer accept Rune tokens from the Ethereum and BNB Chain. THORChain has already developed its own blockchain network that enables digital asset swapping across several protocols.

Syscoin and Thorchain are two key platforms revolutionizing ETH, BTC. The Syscoin team is focusing hard on rolling out its new smart contract.

THORChain [RUNE] is a proof-of-bond network that is operated autonomously by anonymous operators. In a blog post dated 4 February, THORChain informed its users of the network's intention to deprecate its IOU tokens (BNB.RUNE and ETH.RUNE) after its launch on the mainnet.

THORChain(Rune) price starts the new week with a bang as it breaches the weekly resistance of $2.5. While the coin price continues to climb higher today, a minor correction is plausible to validate this breakout.

RUNE coin pumps 18% as ThorChain deactivated the non-native tokens option and the variants based on BEP-2 and ERC-20 are being swapped out for the native coin after the mainnet launch last month so let's read more today in our latest altcoin news.

The RUNE/USD pair finished at $2.6690, reaching a high of $2.6990 and a low of $2.5460.

THORChain has begun the process to phase out the use of rune tokens issued on Ethereum and BNB Chain. The post THORChain hits kill switch to retire Rune tokens on Ethereum and BNB Chain appeared first on The Block.

Cross-chain exchange THORChain ends support for Ethereum and BNB Chain. THORChain facilitates the trade of tokenized futures emulating equities and commodities.

The BEP-2 and ERC-20-based variants are being swapped out for the upgraded native RUNE token after THORChain's long-awaited mainnet late last month.

The crypto market was in a bullish stance today, with pretty much every cryptocurrency trading in the green, pushing the market cap to $996 billion.

Popular crypto strategist Michaël van de Poppe says he expects surges for a handful of altcoins. Van de Poppe tells his 616,600 Twitter followers that BNB, the coin powering Binance and the smart contract platform BNB Chain, is flashing strength after breaching resistance at $240. “Held the area around $216 again.

The host of popular crypto market commentary show Coin Bureau says that several decentralized finance (DeFi) altcoins are making a comeback.  Speaking in a recent YouTube update, Coin Bureau's host “Guy” says that DeFi is making a comeback despite most predicting that crypto has entered a bear market.

Since last month THORChain(Rune) price resonating within a parallel channel pattern reflects a steady recovery rally. The altcoin has twice retested the above and bottom trendline, indicating the traders are actively responding to a channel pattern.

A popular crypto analyst is highlighting a handful of crypto projects as one niche defies the overall market downtrend. In a YouTube update, pseudonymous Coin Bureau host Guy tells his 2.08 million subscribers that decentralized finance (DeFi) is making an impressive comeback. “Starting with Convex Finance, CVX seems to be rallying because of developments on […] The post Coin Bureau Says DeFi Making Comeback As Uniswap, Aave, THORChain and Two Additional Altcoins Overperform appeared first on The Daily Hodl.

Trade volumes flattened over the weekend as bitcoin (BTC) returned to the $20,000 support level. Can a new week bring new gains for the crypto market?

Some altcoins performed well. This post is all about the top 5 cryptocurrencies that displayed good performance in the last seven days