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Native asset settlement protocol THORChain has recorded the third-largest trading volume among non-centralized exchanges in the last week with users seemingly attracted to the high yield offered adjacent to its native token Rune (RUNE).Over the last week, THORChain’s trading volume hit $1.32 billion third only behind Uniswap and PancakeSwap at
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RUNE, native token of the cross-chain decentralized exchange THORChain, is currently one of the best-performing cryptocurrencies in the market, boasting of a
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This week, the broader crypto market was generally bullish, but some crypto assets, including Bitcoin (BTC), Solana (SOL) and THORChain (RUNE), took the limelight, each hitting new yearly peaks amid remarkable gains. Bitcoin (BTC) This week, Bitcoin made a notable attempt to reclaim the $38,000 for the first time since May 2022.
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THORChain’s price has been up by over 100% since the last week of October, hitting levels not seen since May 2022. This
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Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors.Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin
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After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016.Buyers will try to build upon this
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After forming successive Doji candlestick patterns on the weekly chart for the past three weeks, Bitcoin (BTC) is on target to end the week on a positive note. This is an early sign that the uncertainty between the bulls and the bears is resolving to the upside.Although the recovery is
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Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied THORChain (RUNE) has been constantly losing value since April 2022 with a few hikes. The asset rose by 48% over the past seven days, reaching a key milestone of $1.42 on Aug. 13. According to data provided
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The dynamic world of cryptocurrencies has once again witnessed a fascinating turn of events, this time with THORChain (RUNE) taking center stage.
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