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news-imageSeptember 25, 2024

Injective Protocol ($INJ) and Thorchain ($RUNE) - up or down from here?

Both the INJ/USD and RUNE/USD pairs have broken out in favour of these altcoins over the last week. Can they both break the downtrend, or could the BTC/USD pairing break down and turn these altcoin price movements into a fake-out?
Publisher: Crypto Daily
Sentiment: Neutral
INJ
RUNE

More News Articles

Positive
cover-imageThe Currency Analytics
November 8, 2024

THOR Chain's RUNE Bounces Back 18% After Recent Drop: What's Next

THOR Chain's token, RUNE, has captured market attention with a swift 18% rebound following a sharp 33% drop. As volatility in the crypto market remains high, THOR Chain's price movement suggests renewed interest in RUNE, ignite discussions on whether the token can continue its recovery or if further consolidation is on the horizon.

Negative
cover-imageCrypto Daily
November 4, 2024

Crypto Price Analysis 11-4 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, POLKADOT: DOT, INJECTIVE: INJ

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.

Positive
cover-imageAltcoin Buzz
November 1, 2024

THORChain Now Available on Ledger Live

With this partnership, you can trade your assets without needing a centralized exchange. With THORChain, users can exchange assets across different blockchains right from their Ledger Live Desktop app.

Positive
cover-imageBenzinga
October 31, 2024

Agora To Launch US Dollar Stablecoin On Injective, Bolstering Liquidity Between DeFi And TradFi

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.

Positive
cover-imageThe Currency Analytics
October 24, 2024

Can Injective [INJ] Reclaim the $35 Level and Trigger a Rally

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.

Positive
cover-imageCrypto Economy
October 22, 2024

Ledger Brings Native BTC-ETH Swaps to Its Users Through THORChain Integration

TL;DR Ledger Integrates THORChain: Ledger has integrated THORChain into its Ledger Live app, enabling users to perform native swaps between Bitcoin and Ethereum directly within the app, enhancing security and user experience. Seamless Cross-Chain Swaps: This integration allows for seamless cross-chain swaps without relying on wrapped tokens or centralized exchanges.

Positive
cover-imageThe Currency Analytics
October 20, 2024

Analyzing Injective's 340% Volume Surge: Can INJ Break Past $24

Injective (INJ) has recently caught the attention of cryptocurrency enthusiasts and investors alike, as it showcases a significant volume surge of 340%. This surge has led to discussions about the token's potential to break through critical resistance levels, particularly the key mark of $24.

Positive
cover-imageCoingape
October 17, 2024

Why Injective (INJ) Price Rockets 10% Suddenly?

Injective price has soared more than 10% today, crossing the brief $23 mark, echoing the positive sentiment hovering in the broader market. The rally comes as the INJ crypto secures a major listing on a leading Korean exchange, indicating the exchange's confidence in the crypto.

Positive
cover-imageInvezz
October 16, 2024

Paxos launches yield-bearing stablecoin on Injective network

Paxos has launched the yield-bearing stablecoin wrapped Lift Dollar (wUSDL) on Injective, according to an announcement on October 16. Lift Dollar is a new yield-bearing stablecoin pegged 1:1 to the US dollar. The United Arab Emirates-regulated Paxos International, an affiliate of Paxos, launched Lift Dollar (USDL) in June this year.

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