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Pendle price forecast: PENDLE could reclaim $4.5 as adoption grows
Key takeaways
PENDLE is down 1% in the last 24 hours as the broader crypto market undergoes a correction. The coin could rally towards $4.5 soon after sweeping liquidity to the downside. PENDLE defends its price above $3The cryptocurrency market has been bearish since the start of the week, with most coins and tokens currently in the red. Memecoins have recorded bigger losses as they are more volatile compared to other narratives in the crypto ecosystem.
PENDLE, the native coin of the Pendle ecosystem, has lost 10% of its value over the last seven days but could bounce back soon. At press time, the...
The Semiconductor Industry and Regulatory Compliance
Earlier this week, the Trump administration narrowed export controls on advanced semiconductors ahead of US-China trade negotiations. The administration is increasingly relying on export licenses to allow American semiconductor firms to sell their products to Chinese customers, while keeping the most powerful of them out of the hands of our military adversaries. These are the chips that power the artificial intelligence research fueling China’s technological rise, as well as the advanced military equipment underpinning Russia’s invasion of Ukraine.
The US government relies on private-sector firms to implement those export controls. It’s not working. US-manufactured semiconductors have been found in Russian weapons....
Metaplanet’s massive Bitcoin buy sparks FOMO—SOL and XLM traders pivot to this coin with 33x potential
Metaplanet buys 463 BTC for $53.7M, boosting holdings to 17,795 BTC worth $1.78B. Firm targets 210,000 BTC by 2027, plans $3.7B raise via perpetual preferred shares. Solana & Stellar holders shift to MAGACOIN FINANCE, eyeing 33x upside potential.
Japanese firm Metaplanet has acquired 463 BTC for $53.7 million today. The company paid an average price of $115,895 per coin.
The new purchase brings its total holdings to 17,795 BTC, worth approximately $1.78 billion.
https://x.com/Metaplanet_JP/status/1952203387883188412
Metaplanet plans to accumulate 210,000 BTC by 2027.
The plan includes holding 30,000 BTC by the end of 2024 and surpassing 100,000 BTC in 2026.
The company is listed on the Tokyo Stock Exchange...
SEC staff statement on liquid staking may pave way for staking in spot Ether ETFs
SEC staff said certain liquid staking activities do not constitute the sale of securities in a new clarification. The statement clarifies that “Staking Receipt Tokens” do not need to be registered under securities laws. SEC Chair Paul Atkins called the move a “significant step forward in clarifying the staff’s view” on crypto activities.
In a significant and widely welcomed move, the US Securities and Exchange Commission’s (SEC) Division of Corporation Finance has issued a statement clarifying its view that certain liquid staking activities associated with protocol staking do not constitute the sale of securities.
This clarification, released on August 5, provides...
Update for NGI Zero Entrust: GNS to DNS Migration and Zone Management
Update for NGI Zero Entrust: GNS to DNS Migration and Zone Management
We are happy to announce that we have successfully completed two Milestones:
Milestone 1a: Deplyment of zones via AXFR. Milestone 2e: Documentation and release of GNUnet GNS Registrar.Our name registration service at https://fcfs.gnunet.org has been running...
Ethereum whales load up during market dip, could Litecoin, Solana, or MAGACOIN FINANCE’s 13,800% presale surge be next?
Ethereum whales add $500M ETH as supply on exchanges hits 3-year low. MAGACOIN FINANCE presale eyes 13,800% ROI, draws retail investor buzz. Litecoin and Solana show signs of renewed strength in Q3.
Ethereum’s recent price dip hasn’t scared off major players—in fact, it’s done the opposite.
Whales are doubling down, quietly accumulating large ETH positions in anticipation of a major rally.
At the same time, emerging presale tokens like MAGACOIN FINANCE are catching the eye of smaller investors chasing exponential upside, sparking comparisons to early Shiba Inu and DOGE runs.
As Ethereum is gearing up for a major upgrade and institutional investors are being drawn in,...
Large-cap alts: LTC gains 12%, XRP at key level, SOL lands double institutional buy
Litecoin leads today’s gainers with a 13% jump, renewing interest in large-cap alts. XRP bulls should defend $3.0 to prevent significant dips. Two firms have purchased Solana worth over $23 million.
Digital tokens recorded minor price actions on Tuesday as the global cryptocurrency market cap soared 0.15% the past day to $3.73 trillion.
Meanwhile, Litecoin led the gainers with an over 12% gain, sparking interest in large-cap and legacy altcoins.
Ripple’s XRP trades at a crucial juncture as bulls defend the support level at $3.0, while Solana sees institutional traction as two companies purchase SOL worth over $23 million.
Let us find out more!
Litecoin leads the...How BPENGU is emerging as one of the best crypto to buy now?
$BPENGU combines Bitcoin’s strength with penguin meme appeal, raising over $2M in its presale. 15-stage presale with built-in scarcity offers early investors up to 75% paper gains. Favorable US regulations and a September 2 listing make BPENGU a standout altseason opportunity.
As altseason gains momentum and capital continues to rotate from blue-chip crypto into higher-upside plays, a new contender is making waves: Bitcoin Penguins ($BPENGU).
With its meme appeal and Bitcoin-inspired fundamentals, $BPENGU is quickly establishing itself as one of the best cryptos to buy now.
Bitcoin Penguins: from meme to modelBitcoin Penguins is capitalizing on two dominant narratives:...
AAVE daily fees skyrocket 200%, signaling lending market recovery
Aave’s daily fees increased by around 200% within the last three months. They hit multi-month peaks of over $3 million per day, indicating intensified borrowing. The surge reflects reinvigorated DeFi lending interest.
Aave continues to dominate the DeFi lending market, this time attracting attention with serious figures.
CoinGecko data shows daily fees on the blockchain have increased by more than 200% since May.
That signals amplified on-chain activity and soaring demand for decentralised liquidity.
Most importantly, the statistics signal DeFi borrowing resurgences.
The chart shows AAVE’s 24-hour fees were below $1.2 million in early May.
It had surpassed 43 million as of the end of July, printing multi-month...
Mantle price outlook as MNT gains momentum with 20% spike
Mantle is up 20% in 24 hours amid overall altcoin rcovery. The MNT token reached highs of $0.91 on Tuesday and could break to $1 and eye the all-time high of $1.51. Ecosystem growth buoys overall bullish momentum.
Mantle (MNT) price has surged more than 20% in the past 24 hours, jumping from lows of $0.72 to $0.91.
This uptick aligns with other altcoins’ bounces over the past day, with likes of Litecoin and Pump.fun among top gainers in the largest 100 coins by market cap.
Notable gains for Mantle have come amid a 280% surge in daily volume to $622 million, while its market...