Cryptocurrency prices have slumped this year leading to a $1 trillion wipeout of their market value. Bitcoin has crashed from the year-to-date high of $109,300 to $85,000, while the market cap of all coins has slumped from over $3.8 trillion to $2.7 trillion today.
Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.
Unichain and Berachain, which debuted last month, led blockchain growth over the past month, followed by Iota.
Pyth Network partners with Coinbase International Exchange to enhance asset pricing through "Pyth Lazer," delivering institutional-grade reliability and real-time updates with speeds as fast as one millisecond. The post Pyth Network Partners with Coinbase to Enhance Asset Pricing appeared first on Cryptonews.
Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.
IOTA is showing strong signs of a reversal after bouncing from key support levels. Is this the beginning of a major rally?
It was a sea of green in the cryptocurrency industry as Bitcoin and most altcoins surged. Cardano (ADA) price surged by 60%, while Cronos (CRO), Ripple (XRP), and IOTA (IOTA) surging by over 20% on Monday morning. This surge brought the market cap of all coins up by over 10% to $3.10 trillion.
PYTH token has soared 10% in the past week amid the debut of the Grayscale Pyth Trust, an investment product focused on PYTH price.
Crypto prices rebounded during the weekend, with the total market of all coins soaring to over $3.20 trillion and the fear and greed index moving to the neutral level. This rebound was driven by speculation among crypto investors, who believe that these coins will do well this year.
Cryptocurrency prices had a mixed performance this week as investors focused on the recent Federal Reserve minutes and the ongoing Bitcoin consolidation. BTC price remained below $100,000, while the crypto fear and greed index moved to the fear zone. Still, there were some standout coins like Maker (MKR), Pyth Network (PYTH), and Alchemy Pay (ACH).
Blockchain analytics provider Nansen has partnered with IOTA to integrate advanced on-chain intelligence tools, enabling users to analyze network health metrics and discover investment opportunities.
IOTA users are set to benefit from powerful on-chain analytics following the distributed ledger technology platform's latest integration. On Feb. 19, blockchain analytics provider Nansen announced it had integrated with IOTA (IOTA)'s Ethereum Virtual Machine-compatible layer, IOTA EVM.
Another important partnership for Nansen, which this time brings its data into the IOTA ecosystem.
Grayscale, a major player in the asset management space, has launched a new fund aimed at providing exposure to an emerging altcoin.
Pyth Network: the new blockchain ecosystem.
Grayscale Investments has introduced the Grayscale Pyth Trust, a new investment vehicle offering accredited investors exposure to PYTH, the governance token of the Pyth oracle network. Pyth delivers real-time price feeds essential for decentralized applications (dApps), particularly within the Solana ecosystem, where it powers 95% of protocols.
Grayscale Investments has introduced the Grayscale Pyth Trust, allowing investors to gain exposure to the PYTH governance token while avoiding the technical challenges of direct cryptocurrency ownership.
Bitcoin (CRYPTO: BTC) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.
The fund claims to offer “higher-beta” exposure to the growth of the Solana ecosystem as Grayscale continues to expand its suite of single-asset crypto funds.
Grayscale is adding to its offerings, debuting a Pyth Trust as demand for crypto-focused investment products surges.
Grayscale's Pyth Trust launch could accelerate institutional crypto adoption, offering a regulated pathway to emerging digital asset investments. The post Grayscale launches Pyth Trust for US accredited investors appeared first on Crypto Briefing.
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.
The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana's leading oracle network.
Crypto asset management firm Grayscale Investments has announced the launch of a new investible asset on Tuesday. The new Grayscale Pyth Trust will offer accredited investors exposure to PYTH, the governance token of the Pyth network.
Robinhood's expansion into Solana-based tokens could boost retail investor engagement and support the growth of decentralized finance ecosystems. The post Robinhood expands crypto offerings with Pyth Network token PYTH appeared first on Crypto Briefing.
The IOTA Foundation introduces a new initiative to support businesses in developing real-world applications on the IOTA Rebased Mainnet, offering funding and resources for innovative projects.
IOTA's price climbed for a second consecutive day after developers shared an important update about Rebased, its upcoming upgrade. IOTA (IOTA) surged to a high of $0.2500 on Tuesday, marking a 40% increase from its lowest level this month.
Cryptocurrency prices were on edge on Tuesday morning as investors waited for the upcoming Jerome Powell's congressional testimony and US consumer inflation data. Bitcoin traded at $97,000, while the crypto fear and greed index was at $3.2 trillion. This article explores the forecast of key cryptocurrencies like IOTA, Raydium (RAY), and Litecoin (LTC).
IOTA continued its downward trend this week, reaching its lowest level in over two weeks, even as developers made further progress on the Rebased upgrade. IOTA (IOTA) token dropped to a weekly low of $0.
Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain.
IOTA's price is showing signs of bottoming out, signaling a potential rebound ahead of the upcoming Rebased protocol upgrade. IOTA (IOTA) rose to an intraday high of $0.3195 on Thursday, gaining about 13% from its lowest level this week.
TL;DR Pyth Network's Lazer Oracle offers ultra-low-latency price feeds, bridging the gap between DeFi and TradFi with real-time data updates. Key features include customizable frequency channels and detailed market data, enabling DeFi protocols to compete with centralized exchanges. The launch marks a significant milestone, eliminating inefficiencies and front-running risks, driving growth in the DeFi space.
Pyth Network has introduced Lazer, a new oracle solution designed to complement its existing Pyth Core offering.
The crypto markets seem to have kicked off a fresh rally as the prices of the majority of them have surged by a large margin.
IOTA price fell for two consecutive days, erasing some of the gains made late last week, as token holders initiated a key governance vote. IOTA (IOTA), a leading distributed ledger network, dropped to $0.
Investors today are buying cryptocurrencies that hold strong, as this is a major step towards owning digital assets and gaining financial freedom. This was the picture PYTH and TEZOS painted, holding firm in the cryptocurrency market until recently when their prices started dipping.
Is IOTA price on the brink of a massive collapse, or will it find support and stage a recovery?
The cryptocurrency market has declined 3.6% to $3.4 trillion, with Bitcoin struggling amid downside pressure near $93k. BTC dominance has 54.2% as the benchmark asset's market cap hovers around $1.85 trillion. Meanwhile, the top altcoins Ethereum, XRP, BNB and Solana have witnessed corrections to key support areas.
Pyth Network is partnering with Revolut to contribute to both centralized and decentralized financial markets. The pair will distribute Pyth's sophisticated price data through Revolut's massive user base.
Revolut, the U.K.-based digital banking giant, is the latest company to join the Pyth Network as a data publisher.
Revolut breaks new ground as the first traditional finance institution to join Pyth Network as a data publisher, aiming to enhance DeFi market transparency through reliable crypto price feeds.
TL;DR Revolut becomes the first banking data publisher to join the Pyth Network, integrating its data into Pyth's price feeds for DeFi applications. The Pyth Network, which provides real-time market data, will strengthen its infrastructure with this collaboration, expanding its feeds to over 500 sources.
PYTH is down by 9% in the past 24-hours despite the deal.
Revolut has teamed up with Pyth Network to contribute proprietary digital asset price data to its decentralized oracle system. This partnership seeks to empower DeFi applications with precise, real-time market data and improve decision-making for developers and users across blockchain ecosystems. The post Revolut Partners With Pyth Network to Supply Market Data appeared first on Cryptonews.
Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.
Revolut will integrate its data into Pyth price feeds, allowing DeFi developers to incorporate it into their decentralized applications.
Popular layer-2 cryptocurrencies like EOS, IOTA, and Hedera Hashgraph were among the top gainers on Friday as Bitcoin found resistance at $97,000. EOS (EOS) surged to $0.