A Pendle whale has made a significant windfall, realizing an eye-popping $8.16 million profit from its recent investments in the Pendle token (PENDLE). This impressive gain, amounting to a 680% return on investment (ROI), highlights the growing demand and excitement surrounding Pendle, a decentralized finance (DeFi) project.

The crypto market is slowly returning to its full potential, where crypto trading is all about new gains and profits. In the last few days, the bulls have taken over the market.

According to recent on-chain data from EtherScan, Pendle team has transferred a whopping 2.025 million tokens to Binance, worth about $11.11 million. PENDLE token is swapped hands at about $5.51; it has increased over 4% over the last 24 hours and impressively 25.28% over the last 7 days.

Pendle's price action has stalled recently, raising concerns among investors as on-chain data reveals that the Pendle team has been selling off significant amounts of the token. With this new development, questions are swirling about whether Pendle is at risk of a major price drop in the near future.

Pendle price rallied to a four-month high as the positive sentiment in the crypto industry remained. It jumped to an intraday high of $5.69, continuing a bull run that started on August 5 when it bottomed at $1.828.

VanEck launches a Solana Pyth ETN in Europe, offering exposure to PYTH token via Euronext, enhancing access to oracle network assets. The post VanEck launches Pyth ETN in Europe appeared first on Crypto Briefing.

VanEck has launched its latest Exchange Traded Note, the VanEck Pyth ETN.

Asset manager VanEck has launched a new ETN based on PYTH, specifically for European buyers. The Pyth network, a decentralized oracle protocol, has earned praise from VanEck for its potential to transform the DeFi landscape.

VanEck asset management company has launched a new PYTH ETN product, extending its European offerings with a focus on the Solana-backed Pyth Network. This new product, listed on Euronext Amsterdam and Euronext Paris, aims to provide investors across 15 European countries with exposure to PYTH without requiring direct cryptocurrency holdings.

TL;DR VanEck launches the Pyth ETN on Euronext Amsterdam and Euronext Paris. The Pyth Network acts as a decentralized oracle, providing external data to smart contracts. The ETN is available in several European countries, including Germany, France and Spain.

The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.

VanEck introduced a new ETN linked to the PYTH token, allowing investors in 15 European countries to indirectly invest in PYTH.

This new Exchange-Traded Note (ETN) lets investors invest in the performance of PYTH. They don't need to buy or store it directly.

With altcoins struggling to sustain the bull run amid the market chaos, Toncoin and Pendle are crashing below crucial levels. While Toncoin heads below $4.63 support, Pendle breaks the 50-day EMA support.

The cryptocurrency market has started the week with a noticeable recovery, bringing renewed buying pressure across many altcoins. One standout performer is Pendle (PENDLE), which has recently climbed to a price of $4.52, marking an impressive 18% increase over the past month.

With the crypto market starting the week on a recovery note, the altcoins are witnessing a refreshed surge in buying pressure. Among the top performers, Pendle (PENDLE) has hit the $4.5 market price with an 18% jump in the last 30 days.

Pyth Network's momentum showcases its potential to challenge established Oracle providers significantly.

A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.

Pyth Network's pull-based model has driven high transaction volumes, intensifying the Oracle's competition with Chainlink.

QNT approaches a crucial breakout, as positive metrics fuel hopes for a trend reversal.

Quant (QNT), a prominent player in the blockchain space, has been stuck in a narrow price range between $60 and $70 for several months. With increased buying and selling pressure, the crypto community is buzzing with speculation about whether the token can break out of its current pattern and push beyond the $70 resistance level.

Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.

Chainlink (LINK) and Raydium (RAY) are signalling a potential breakout as bulls look to reclaim control. Another altcoin showing significant movement, despite paring recent gains is Pendle (PENDLE), which has attracted whales amid growing traction for decentralised finance protocols.

Pyth Network, a top oracle network, has expanded its reach within the decentralized finance market with a new feature dubbed Redemption Rate Feeds. Announced on Oct.

As Bitcoin price stabilizes above the $67,000 level, the altcoin market has regained momentum with many blue-chip and mid-cap projects recording double-digit gains in their respective portfolios.

Quant is approaching a breakout, with bullish momentum building despite increased selling pressure.

Pendle (PENDLE) has experienced an impressive recovery of 43% over the past 30 days, reaching a new monthly high of $5.13. Despite this bullish trend, key resistance levels and whale activity suggest traders should carefully consider their entry points.

PENDLE at crossroads as whales trim exposure despite overall bullish outlook.

Quant's token, QNT, is currently showing some intriguing signs that could suggest a potential price reversal. However, investors should remain cautious as the market dynamics evolve.

Quant (QNT) has recently displayed signs of bullish sentiment, but the market is still under pressure. Despite strong indications from both retail and institutional investors, the question remains: is now the right time to jump into QNT?

Yield generation or farming cryptocurrencies exploded in the last crypto bull cycle but were still experimental in the early stages. Over three years later, the decentralized finance (DeFi) ecosystem and protocols have improved significantly, creating solid and promising market opportunities.

Quant's bullish sentiment is better now, but is there still need for caution?

As the Bitcoin price stabilizes above the $66,000 mark, the altcoins are making a comeback. The market, excluding Bitcoin and Ethereum, has reclaimed the $600 billion mark and has increased by 7.19% from its 7-day low at $574.81 billion.

In the last 24 hours, SUI prices have increased by 3.54%, resulting in a 7.74% jump in the past 24 hours. With a market cap of $1.23 billion, PYTH ranks as the 62nd biggest cryptocurrency in the market. Despite moving at a 70.48% discount from its all-time high level of $1.

QNT deposited to exchanges has increased 5x in the last 24 hours.

The cryptocurrency market has recorded a strong bullish recovery over the past weekend. Moreover, with the BTC price hovering close to the $63k mark, top altcoins have regained momentum. Further, the Solana price is on the verge of reclaiming the $150 mark.

With the altcoins market, excluding Bitcoin and Ethereum, crashing under $600M, bearish clouds turn darker over crypto. Amid such conditions, a fresh recovery day with BTC hitting $62k shows a relief jump in altcoins. Further, despite the global tensions heating up, these altcoins are teasing a bounce back next week.

On-chain data shows the Bitcoin Active Addresses have continued to see a steep decline recently, a sign that could be bearish for BTC.

Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.

Quant attracted institutional players and retail traders as QNT maintained robust bullish sentiments before the post-Fed rate cut broad market rebound. Meanwhile, the altcoin trades in a seemingly break-or-make point after gaining 43% the previous month. Quant lost 2% and 1.58% in the past week and day. Meanwhile, its current price of $74.

QNT maintains bullish sentiment but needs to hold key support to trigger further gains.

PENDLE, the native token of Pendle, a real-world asset (RWA) tokenization platform, may be steady at press time. However, looking at CoinMarketCap data, the token is up 130X from its November 2022 lows and 41% from all-time highs registered in 2024.

As the altcoin market witnesses a resurgence in activity, tokenized real-world assets (RWA) are worthy of your attention as a trader.

Oracle platform Pyth Network now supports Mother Iggy, bringing real-time price feeds to more than 75 blockchains. Pyth Network (PYTH) announced this on Sept.

Arthur Hayes, the co-founder of BitMax, has drastically reduced his holdings in $PENDLE by an astonishing 87% within just four days. This significant move has sent shockwaves through the market and has left many investors wondering what it could mean for the future of this digital asset.

BitMEX co-founder and former CEO Arthur Hayes has attracted the attention of crypto enthusiasts with his latest investment strategies. On-chain stats show he has actively purchased Aethir (ATH) lately while shifting from Pendle (PENDLE). Arthur Hayes adds 30.89M ATH Spot On Chain revealed that Hayes purchased 30.89 million ATH, worth around $1.

Arthur Hayes once again dumped a massive 240,000 PENDLE tokens worth $957,600.

Arthur Hayes' family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain.