Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.
Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
Injective Protocol's native token, INJ, has shown impressive bullish momentum lately. The token has gained 49.15% in the past week, followed by an additional 16.09% surge in just the last 24 hours.
INJ has been on a steady long-term rally in the market. Can this positive momentum take the altcoin to $53?
ICP's bullish momentum may help it break out on the charts soon.
Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.
Internet Computer (ICP) and Chainlink (LINK) are leading the crypto sector with “historic rates” of recent development activity, according to the digital asset analytics firm Santiment. Santiment notes that Internet Computer, a cloud-focused public decentralized network, clocked 829 notable GitHub events in the past 30 days.
Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.
The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.
Despite the remarkable network growth in Internet Computer Protocol, ICP price remained muted.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
The DFINITY Foundation, the Swiss-based organization behind the Internet Computer blockchain, has released its 2024 Ecosystem Report, highlighting significant growth in the blockchain's interoperability technology.
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.
Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.
TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin's dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground.
Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.
The cryptocurrency market continues to trend bullish on Oct. 31 as the latest developments point to further gains for Bitcoin (BTC). Meanwhile, Helium (HNT) and Internet Computer (ICP) are among the altcoins to pare gains following massive liquidations across the market. Bitcoin (BTC) near ATH Bitcoin (BTC) traded between $71,430.19 and $72,859.
Agora's USD stablecoin has gone live on Injective after making its debut on Ethereum, Avalanche and Sui Networks previously.
The Mask Network token rose for three consecutive days, reaching a high of $3.23, its highest level since June 10.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.
Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.
GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.
Lido Finance has launched a "community staking module" to enhance Ethereum staking accessibility, following approval from Lido DAO members.
Lido DAO has taken a big step toward decentralization by voting to add a community staking module, moving closer to a fully open and permissionless staking protocol.
Liquid staking protocol Lido launched its Community Staking Module (CSM) on the Ethereum (ETH) mainnet on Oct. 25. The CSM allows any user staking ETH to become a solo validator.
LidoDAO has launched the Community Staking Module (CSM), a major advancement for solo staking on the Ethereum network. This new feature simplifies access to staking by lowering the entry requirements for node operators.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.
TL;DR Lido DAO has approved the activation of the Community Staking Module (CSM) on Ethereum, facilitating access for independent stakers to strengthen decentralization. The CSM allows validators to operate with a minimum capital of only 2.4 ETH, thereby reducing entry barriers for new participants.
Lido DAO voted to incorporate the community staking module, a step towards creating a fully permissionless staking protocol.
The new solution enables more independent stakers to participate, thereby focusing on Ethereum's decentralization and security.
The Community Staking Module allows anyone to become a network validator with only 2.4 ETH.
The cryptocurrency market is known for its volatility, and Internet Computer (ICP) is no exception. Currently, ICP finds itself in a prolonged consolidation phase, lingering between key resistance and support levels.
Injective (INJ) may soon join the Artificial Superintelligence Alliance (ASI) group, which comprises Fetch.ai, SingularityNET, and Ocean Protocol.
Injective (INJ), a leading player in the decentralized finance (DeFi) space, is capturing the attention of traders and investors as it strives to reclaim the $35 mark. After consolidating above its previous all-time high set in 2021, INJ is at a pivotal point where its next moves could dictate significant price action in the near future.
Bitcoin price tanked as altcoins posted modest gains.