Pyth Network has highlighted significant findings from OAK Research regarding oracle profitability, revealing that oracles faced five years without revenue generation. This research sheds light on how Pyth built its revenue engine, offering insights that could reshape trader perspectives on oracle performance. For more details, check the original tweet. What Happened The broader cryptocurrency market
$NEAR Protocol has announced a new feature allowing users to deposit from Tron and withdraw to Ethereum without manual bridging or linked wallets. This innovative approach aims to enhance the interoperability between these two significant blockchain networks. As noted in a recent tweet from @NEARProtocol, the process is designed to maintain user confidentiality while simplifying
Pyth Network has officially launched Pyth Pro and Indices on the Arc platform, marking a significant advancement in their oracle services. This announcement was made via their official tweet. The launch aims to improve data accessibility for developers and institutional users, potentially reshaping how market data is utilized in decentralized applications. The Story So Far
Pendle’s sNET maturity is returning on the Robinhood Chain, as announced by the crypto commentator @pendle_fi. This development allows users to rollover their previous positions and continue earning yields. The renewed maturity is significant as it could attract more liquidity and engagement on the platform, enhancing the trading experience for users. For further details, see
Latin American telecom operator VIVA is putting part of its financial plumbing onchain through Iris, a new network that wants to help mobile carriers turn their customer relationships and distribution networks into payments and other financial services. VIVA, which has operated in Bolivia for more than 25 years and recently expanded into Mexico, is the
Bitcoin price fell toward $75,500 after the U.S. Senate rejected the CLARITY Act, while bearish momentum and nearby liquidation clusters raised the risk of another decline before the Federal Reserve’s rate decision. According to data from crypto.news, Bitcoin ($BTC) price traded at approximately $75,940 at press time, according to the 4-hour chart. The price had
Binance has sparked interest by discussing the transition of IPOs to on-chain models. This shift could redefine how capital markets operate, indicating a broader trend towards blockchain adoption in finance. As highlighted in their recent tweet, the implications of this change are significant for traders and investors alike. Source: Binance’s tweet. The Story So Far
Base has announced the introduction of B20, a new token standard designed to facilitate easier token management on its blockchain. This initiative is aimed at developers looking for more efficient ways to create and manage tokens directly within the Base ecosystem. As noted in a tweet by the organization, B20 promises to enhance the speed
Bitcoin price prediction turns cautious below $76,855.70, the 20-day EMA that gave way after the CLARITY Act failed its Senate cloture vote and long liquidations spiked. Bitcoin Price Analysis: Can $BTC Hold Its Trendline Breakout? Yes, $BTC’s breakout still looks intact, but the 20-day EMA is the level that decides it. $BTC trades near $75,767.03,
A wallet on Arc Chain is gaining traction after an investor turned a mere $1,200 into $361,000 through $ARGUS, achieving an astonishing 302x return. This situation was highlighted by CryptoTwitter commentator @lookonchain, which has sparked interest in the potential of ARGUS. Such remarkable returns not only showcase personal success but could also signal growing activity