Berachain's BERA token has surged 37% in seven days following its Proof of Liquidity system launch, with technical patterns suggesting a potential rise to new all-time highs around $12.37.
Berachain (BERA), the innovative EVM-compatible Layer 1 blockchain, has officially launched its mainnet, drawing massive attention from the crypto world. Within its first 30 days, the Berachain network amassed $3.2 billion in total value locked (TVL), onboarding over 230 decentralized apps (dApps) across DeFi, GameFi, RWA, and more.
Berachain has gained over 35% in the past week, regaining strength after a consolidation phase. Trading at $7.89 as of press time, Berachain (BERA) is nearing a crucial resistance level of $8.34.
After a period of selling, market participants are starting to buy again.
The Berachain Network has ignited a wave of excitement with the launch of its Proof of Liquidity (PoL) system, propelling the BeraChain price to an intraday high of $8.25. Trading at $8.04 at press time, BeraChain crypto has witnessed an impressive 38.
Last Thursday, US-based asset manager Canary Capital filed an application with the Securities and Exchange Commission (SEC) for the Canary PENGU exchange-traded fund (ETF), a fund designed to hold both Pudgy Penguins NFTs and the PENGU token. However, the crypto community is asking if listing ETFs from NFT projects is feasible.
The $BERA token underlying the speedy new Berachain blockchain is surging harder than Solana today even amidst a wider market downturn that has seen crypto's $2.98 trillion market shed 1.4% in the last 24 hours. Bitcoin ($BTC) and Ethereum ($ETH) lead the downturn, with respective overnight losses of 1% and 1.5%.
Proof of liquidity is live as reward vaults are released for Berachain, causing BERA to break into the top 100 crypto tokens by market cap.
A proof-of-liquidity mechanism redistributes blockchain incentives, prioritizing liquidity over validator-centric models through a dual-token system. The post Berachain's ‘Proof of Liquidity' Goes Live Today, Governance Proceeds to Phase 1 appeared first on Cryptonews.
Berachain activated its long-anticipated Proof of Liquidity (PoL) system on March 24, a new incentive framework to redefine block rewards distribution. The network's native token, BERA, was up 16% over the past 24 hours and trading at $7.89 as of press time.
Berachain's token continued its strong rally on Monday, reaching its highest level since March 3 as its decentralized finance assets gained momentum. Berachain (BERA) price jumped to a high of $7.
Made in USA cryptos are back in focus as several key tokens show fresh activity heading into the last week of March. Among them are PENGU, AVAX, Pi Network (PI), Official Trump (TRUMP), and RENDER, each drawing attention for different reasons.
TL;DR Innovative PoL Launch: Berachain introduces its Proof-of-Liquidity system, kickstarting Phase 1 of on-chain governance with decentralized BGT distribution. Dual Advantage: Unlike traditional PoS, users stake assets in DeFi liquidity pools to secure the network while keeping funds actively usable.
Berachain is rolling out the next phase of its proof-of-liquidity system, expanding governance and emissions beyond its native BEX pools. Up until now, only Berachain's (BERA) native exchange, BEX, was used to distribute rewards.
Berachain allows users to stake assets in DeFi liquidity pools to earn BGT tokens, a key aspect of its onchain governance.
Discover how the PENGU ETF is breaking new ground by bringing on-chain NFTs into traditional finance for the first time.
The crypto asset manager Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a new non-fungible token-focused exchange-traded fund (ETF). If approved, the “Canary PENGU ETF” will offer investors exposure to the Pudgy Penguins NFT project.
Hours after Canary Capital filed for a PENGU ETF on March 20, the token's price dropped by 10% to $0.0062, with critics pointing to weak retail demand.
Canary Capital has taken a particular interest in a certain memecoin.
Berachain's unique Proof-of-Liquidity mechanism will officially go live on March 24, expanding reward distribution beyond BEX pools to other apps and vaults.
Canary Capital has become the first asset manager to file for an exchange-traded fund that holds both cryptocurrency and non-fungible tokens.
Canary Capital has officially submitted an Exchange-Traded Fund (ETF) application to the U.S. Securities and Exchange Commission (SEC) for PENGU, the governance token of Pudgy Penguins, a popular NFT project. The filing, made on March 20, 2025, proposes an ETF that would hold both Spot PENGU tokens and Pudgy Penguins NFTs, marking a potential first in the U.S. financial market.
Canary Capital has submitted a registration filing to the United States Securities and Exchange Commission (SEC) for the launch of the first-ever Pengu exchange-traded fund (ETF). This move adds to the growing list of crypto asset managers seeking regulatory approval for digital asset-based ETFs.
Asset manager Canary Capital has filed with the United States Securities and Exchange Commission (SEC) for an exchange-traded fund tracking PENGU, the governance token for the Pudgy Penguin.
Berachain (BERA) is currently trading around $6.05, with a market cap sitting near $653 million, after pulling back from a recent high of $7.08 reached on March 17.
Canary Capital files SEC application for first U.S. ETF combining $PENGU token and Pudgy Penguins NFTs, aiming to bridge crypto and collectibles markets amid regulatory scrutiny. The post Canary Files S-1 for $PENGU and Pudgy Penguins NFT ETF appeared first on Cryptonews.
Asset management company Canary Capital has officially filed an Exchange-Traded Fund (ETF) application with the Securities and Exchange Commission (SEC) for PENGU, the governance token of Pudgy Penguins, a popular Non-Fungible Token (NFT) project.
Crypto asset manager Canary Capital has filed for SEC approval to launch an ETF containing both Pudgy Penguins NFTs and the PENGU token.
Canary Capital has filed an S-1 form with the Securities and Exchange Commission (SEC) to launch a crypto exchange-traded fund (ETF) that provides exposure to the PENGU token and the Pudgy Penguins non-fungible token (NFT) collection. This marks the first crypto-related ETF offering connected to an NFT collection.
Asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding Pengu (PENGU), the governance token of the Pudgy Penguins non-fungible token (NFT) project, US regulatory filings show. The ETF is the latest in a slew of filings for new US investment products tied to spot cryptocurrencies, including altcoins and memecoins.
Pudgy Penguins token has surged after Canary officially filed a PENGU ETF with the SEC. The news has fueled bullish sentiment, helping the token rebound and break through key technical levels.
Canary Capital has filed for what would be the first ETF of its kind — a Pengu ETF — as firms forge on to see what might stick with the SEC.
Key Highlights Meme coins – POPCAT, PNUT, and PENGU gained momentum after Robinhood announced their listing, driving investor interest despite broader market weakness. POPCAT surged 13.67% and is eyeing a breakout above $0.248, while PNUT saw an 8.50% rise, with holders and open interest surge.
PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.
Meme coins have struggled to regain momentum despite the recent listing of PENGU and PNUT on Robinhood. While these tokens were expected to surge, their price action has remained subdued, reflecting broader skepticism in the market, especially around meme coins.
Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood's latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase.
Robinhood has expanded its meme token offerings by adding POPCAT, PENGU, and PNUT to its trading platform. The announcement follows previous listings of meme coins such as PEPE, BONK, WIF, and SHIB.
Robinhood confirmed the addition of Pudgy Penguins (PENGU), POPCAT, and Peanut the Squirrel (PNUT) to its trading app.
BERA witnessed massive liquidity inflows but remains sluggish.
Unichain and Berachain, which debuted last month, led blockchain growth over the past month, followed by Iota.
Uniswap L2 Unichain's DEX volume has been the third-highest in the industry in the past 30 days, according to Nansen data.
Berachain (BERA) has suffered a steep decline over the past week, shedding 30% of its value as bearish sentiment plagues the general market.
Infrared Finance, a decentralized finance (DeFi) infrastructure platform backed by Binance Labs, announced on Tuesday that it has successfully raised $14 million in a Series A funding round. The investment led by Framework Ventures saw participation from Citizen X, Halo Capital, No Limit Holdings, NGC Ventures, and Selini Capital.
Crypto prices have made solid gains today, March 5, 2025. The total crypto market cap is back above $3 trillion and Bitcoin reclaimed $90,000 briefly before retreating to around $89,000.
Berachain (BERA) is hovering near $6.68 after a sharp bounce, but will it break above $7 or face another drop?
Animoca's digital asset advisory business comprised $165 million out of the $314 million bookings the firm logged in the fiscal year.
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