#Pyth Network (PYTH)
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Analyzing PYTH's Ascending Trajectory: Analyst Predicts Crucial Resistance Break for Long-Term Profits
As Pyth Network (PYTH) continues its upward journey, encountering resistance at $0.5450 poses a critical test for the asset's momentum. While the positive trend since mid-January suggests potential gains, traders are urged to exercise caution and remain vigilant in the face of mixed signals from key technical indicators.
The 1-Day Relative Strength Index (RSI) currently stands below its moving average at 54.91, hinting at potential oversold conditions. This might present a short-term buying opportunity, adding a layer of complexity to the overall market sentiment. However, the 1-Day Moving Average Convergence Divergence (MACD) is below its signal line, signaling potential bearish momentum in the near term. Traders are advised to closely monitor for a potential crossover above the signal line, which could indicate a trend reversal.
In this nuanced landscape, the 1-Day Know Sure Thing (KST) remains a beacon of positivity, indicating a strong uptrend. This counterbalance to the bearish signals from other indicators adds complexity to the decision-making process for traders, where risk and opportunity coexist in the evolving story of PYTH's market journey. As investors navigate these challenges, the PYTH landscape underscores the importance of strategic decision-making and adaptability in the ever-changing crypto markets.
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AI in Crypto: A Symbiotic Relationship with Hyped Coins and their Ecosystems
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AI in Crypto: A Symbiotic Relationship with Hyped Coins and their Ecosystems
AI in Crypto: A Symbiotic Relationship with Hyped Coins and their Ecosystems
Fetch.ai (FET) ,Ocean Protocol (OCEAN) , SingularityNET (AGI) , Numerai (NMR) , iExec RLC (RLC) , Cortex (CORT) , DeepBrain Chain (DBC) , Enigma (ENG) , Injective Protocol (INJ) , Cartesi (CTSI) , Deepcoin (DEP) ,Serum (SRM) , Pyth Network (PYTH) , Arweave (AR) , Audius (AUDIO)
The worlds of artificial intelligence (AI) and cryptocurrency are experiencing a period of intense exploration and innovation. Both technologies hold immense potential, and their convergence is creating exciting possibilities for the future of finance, data security, and decentralized systems. Let’s delve into the fascinating world of AI in crypto, explore some of the most hyped AI coins, and understand their unique contributions within their respective ecosystems.
Synergy between AI and Crypto: Enhanced Security: AI-powered algorithms can detect and prevent fraudulent activities within blockchain networks, improving overall security and trust. Market Analysis: AI can analyze vast datasets to offer insightful predictions and trading strategies, empowering investors and traders. Scalability and Efficiency: AI can optimize blockchain processes, leading to faster transactions and lower fees, enhancing blockchain scalability. Decentralized AI Services: Crypto enables the creation of decentralized AI marketplaces, where anyone can access and contribute to AI services without relying on centralized entities. Hyped AI Coins and their Ecosystems: 1. Fetch.ai (FET) – Ethereum: Focuses on building an open-source, decentralized network for AI agents that can autonomously complete tasks and execute agreements. It aims to revolutionize supply chain management, logistics, and other data-driven industries.
2. Ocean Protocol (OCEAN) – Ethereum: Creates a data marketplace where AI developers can access and share various datasets while ensuring data privacy and ownership rights. This democratizes access to AI development resources.
3. SingularityNET (AGI) – Cardano: Aims to build a global AI marketplace where anyone can access and utilize diverse AI services. It promotes the development and distribution of beneficial AI for the common good.
4. Numerai (NMR) – Ethereum: Utilizes a crowdsourcing approach to train AI models for hedge funds. Participants get rewarded with NMR tokens for contributing their computing power to AI development.
5. iExec RLC (RLC) – Ethereum: Provides a decentralized cloud computing platform for running AI applications, offering scalable and secure computing resources for developers.
6. Cortex (CORT) – Ethereum: Focuses on creating a decentralized network for artificial general intelligence (AGI) research and development. It fosters collaboration and resource sharing among AGI researchers worldwide.
7. DeepBrain Chain (DBC) – Public Chain: Provides a platform for training and deploying deep learning models on the blockchain. It enables secure and transparent machine learning development and applications.
8. Enigma (ENG) – Ethereum: Offers a privacy-preserving computation platform for blockchain-based AI applications. It allows secure analysis of sensitive data without compromising privacy.
9. Injective Protocol (INJ) – Cosmos: Builds a decentralized derivatives exchange leveraging AI for efficient price discovery and risk management. It empowers traders with advanced financial tools within the DeFi ecosystem.
10. Cartesi (CTSI) – Ethereum: Provides a layer-2 solution for running Linux applications on the blockchain. It allows developers to build complex AI models on the blockchain without limitations.
Important Note: Investing in cryptocurrencies, including AI-focused coins, involves inherent risks. Always conduct thorough research and understand the underlying technology before investing.
This list is not exhaustive, and the crypto landscape is constantly evolving. New AI projects and coins are emerging, each with unique value propositions and contributions to the ecosystem. Stay informed and explore responsibly to reap the potential benefits of AI in crypto.
Deepcoin (DEP) – Ethereum: Focuses on decentralized, community-driven AI development. Enables anyone to contribute computing power and data to train AI models, earning DEP tokens in return. Aims to create a more democratic and accessible AI ecosystem, fostering collaboration and open-source development. Solana Ecosystem AI Coins: Solana, known for its high throughput and low fees, is also attracting several promising AI projects:
Serum (SRM): A decentralized exchange (DEX) leveraging Solana’s speed for efficient trading. SRM is the native token, used for governance and fee discounts. Pyth Network (PYTH): A high-performance oracle network providing real-world data to on-chain applications. PYTH is crucial for AI models requiring accurate and timely data feeds. Arweave (AR): A decentralized storage platform for permanent data archiving. AR facilitates long-term storage of AI training data and models, ensuring accessibility and immutability. Audius (AUDIO): A decentralized music streaming platform with AI-powered music recommendations and content moderation. AUDIO is the native token for governance and content licensing. Important Note:
This list is still not exhaustive, and the crypto landscape is ever-evolving. Conduct thorough research and understand the underlying technology before investing in any crypto or AI project. Additional Resources:
Explore CoinMarketCap and CoinGecko for further information on specific AI coins and their market performance. Research projects’ whitepapers and roadmaps to gain deeper insights into their functionalities and goals. Stay informed through reputable news sources and active participation in crypto communities. Remember, investing in cryptocurrencies involves inherent risks. Knowledge, responsible research, and a strong grasp of the technology are crucial for navigating this dynamic space.
Fetch.ai (FET) ,Ocean Protocol (OCEAN) , SingularityNET (AGI) , Numerai (NMR) , iExec RLC (RLC) , Cortex (CORT) , DeepBrain Chain (DBC) , Enigma (ENG) , Injective Protocol (INJ) , Cartesi (CTSI) , Deepcoin (DEP) ,Serum (SRM) , Pyth Network (PYTH) , Arweave (AR) , Audius (AUDIO)
#Arweave (AR)#Audius (AUDIO)#Cartesi (CTSI)#Cortex (CORT)#DeepBrain Chain (DBC)#Deepcoin (DEP)#Enigma (ENG)#Fetch.ai (FET)#iExec RLC (RLC)#Injective Protocol (INJ)#Numerai (NMR)#Ocean Protocol (OCEAN)#Pyth Network (PYTH)#Serum (SRM)#SingularityNET (AGI)#cryptocurrency#Gaming News
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Top 3 hidden gems in crypto
1.Polygon Matic
My first choice is a long-time favorite at tradingclearview. It’s Polygon and his MATIC token. I chose Polygon because Polygon 2.0 is coming soon.
This will make some changes to your current settings. It will be multi-chain and will come with a new token, POL.
So let’s start with the new POL token. We will be performing live from the end of October 2023.
2.Pyth Network
is an oracle. The name oracle comes from the Latin word ‘orare’. This means ‘to speak’. That’s what the old Greek oracles did, back in the day.
These were women, chosen by gods. You could ask them a question, and when they would speak, they answered a God.
3.Mars4
Mars4 is a term that refers to two different things. First, it is a Soviet spacecraft launched in 1973 as part of the Mars program to explore Mars, but it encountered computer problems that prevented it from entering orbit around Mars in 1974.
Second, Mars4 is a cryptocurrency token called MARS4, which is used as an in-game currency for building, expanding, and creating colonies on Mars in a virtual world called Mars4. Read more...
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3 Altcoins Under $1 With 100X Potential In 2024.
As we near the 2024 Bitcoin halving, excitement is building in the cryptocurrency market for what’s often referred to as the altcoin season. This period typically sees a surge in interest and investment in altcoins, especially those priced under $0.10. The revival of altseason, as it’s commonly called, is a topic of much discussion among crypto experts, each with their own predictions on when it will make its comeback.
Analyst Altcoin Buzz recently shared his list of promising altcoins, pointing out three key picks for investors to consider this bull season.
First on the list is Polygon (MATIC), a long-standing favorite at Altcoin Buzz. Polygon 2.0, set to launch soon, brings significant changes, including multi-chain functionality. With the introduction of the new token, POI, users can upgrade their MATIC tokens at a 1:1 ratio. The transition to Polygon 2.0 opens up opportunities for staking and usage across various chains. At the time of writing, MATIC is trading at $0.84 and is up by more than one percent.
Next up is PYTH Network (PYT H), an oracle platform facilitating the transfer of real-world financial data to blockchain networks. PYTH serves as a crucial bridge between traditional finance and decentralized applications, boasting impressive stats like over 450 data feeds and trusted partnerships with major exchanges. At the time of writing, PYTH network is up by more than seven percent and is trading at $0.50 levels.
Finally, Axmint (AXM) has stepped into the limelight with its innovative crypto mining endeavors. Recently, the company unveiled its mobile application, AXMpay, marking a significant stride in its technological offerings. With a vision geared towards the future, Axmint has outlined ambitious plans for its ecosystem. The Axm token has garnered recognition by being listed on the highly trusted platform, Dextrade, expanding its accessibility to a wider audience. Moreover, Axm has ventured into the Solana space, further enhancing its presence in the cryptocurrency market. Currently, the Axm token is trading at $0.25 levels, reflecting its growing prominence and potential in the digital currency landscape.
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Can Pyth Network (PYTH) make money from Price Feed Oracles?
Mr. Market thinks you can make money from Price Feed Oracles. For example, Pyth Network (PYTH) was CoinMarketCap’s most-trending cryptocurrency on 21 November 2023. Pyth is a decentralized finance (DeFi) protocol that lets users publish pricing information on the blockchain. A price oracle is any tool that lets users view price information. All DeFi protocols need price oracles because their…
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#Can Pyth Network (PYTH) make money from Price Feed Oracles?#Price Feed Oracles#Pyth Network (PYTH)#The Pyth Ecosystem#The Pyth Network (PYTH) is Big Data#What Value does Pyth Network (PYTH) offer?
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Pyth Network의 기능과 가격 전망 및 거래소 정보
PYTH 네트워크란 무엇인가요? Pyth Network(파이쓰 네트워크)는 블록체인과 전통 금융 시장 사이의 격차를 메우기 위해 설계된 혁신적인 프로젝트입니다. 2021년에 출범한 이 네트워크는 실시간으로 고정밀도의 시장 데이터를 제공하여, 탈중앙화 금융(DeFi) 생태계에서 중요한 역할을 하고 있습니다. 그 핵심 목표는 다양한 블록체인에 걸쳐 분산된 애플리케이션(dApps)에 정확하고 신뢰성 있는 데이터를 공급하는 것입니다. 이를 통해 여러 금융 분야에서 스마트 계약의 기능성과 신뢰성을 향상시키는 것을 목표로 하고 있습니다. Pyth Network는 거래소, 마켓 메이커, 금융 서비스 제공업체 등 여러 산업 리더들로부터 직접 데이터를 수집하는 제1자 오라클 네트워크로서의 특징을 가지고 있습니다. 이 접근…
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The Solana ecosystem shows resilience amid volatility, with key projects like Neon Labs and Metaplex witnessing growth. Top platforms, including Jupiter Exchange, Wormhole, and Pyth Network, remain integral to Solana despite recent market downturns. Jupiter’s token ($JUP) saw a minor dip of 6.45% to $0.936, while maintaining a high 24-hour trading volume of $94M and attracting over 2 million unique active wallets. Wormhole ($W) declined by 13.34% to $0.550 but posted a robust trading volume of $229M. Pyth Network ($PYTH), down by 6.79% to $0.386, also retained strong engagement with $139M in volume.
Neon Labs stood out, gaining 5.47% to $0.815, reflecting its potential within Solana’s ecosystem. Solana itself, priced at $153.71 with $2.4B in volume, continues to anchor these developments. Additionally, Helium and Drift Protocol contribute to Solana’s momentum in connectivity and trading, underscoring the ecosystem’s diverse innovation.
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Why solana is popular?
Solana has been declared one of the most popular blockchain so far according to CoinGecko Research, Solana has attract 49.3% of Global Crypto investor interest in chain specific narratives, It's nearest competitor, Eathereum has 12.73% share of interest.
Much of the networks recent activity has taken place on DEXs, With traders accumulating memecoins like bonk and Slerf.
The solana networks has emerged as the most popular blockchain ecosystem so far this year, according to CoinGecko Research.
The layer 1 blockchaun now accounts for 49.3% of global crypto investor interest in chain specific narratives, the report, published wednesday said.
"Solana ecosyste,'s dominant mindshare has been fueled by Solana's continued rally back to key ecosystem project tokens such as Pyth and native memecoins such as a dogwifhat"
Now it's time to invest in solana,
In solana launcher platform, You can generate your own memecoin tokens in less than three seconds without any programming knowledge.
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"Why SkyAppz Academy is a Top Choice for Software Training"
SkyAppz Academy stands out as a leading institution for software training, offering comprehensive programs designed to empower individuals with the skills and knowledge needed to succeed in the dynamic field of technology. With a focus on quality education, practical experience, and industry-relevant curriculum, SkyAppz Academy has earned a reputation for excellence in software training. In this article, we'll explore the reasons why SkyAppz Academy is a top choice for individuals seeking to advance their careers in software development.
1. Industry-Experienced Instructors
SkyAppz Academy boasts a team of industry-experienced instructors who bring real-world expertise and insights to the classroom. With years of experience working in the technology sector, these instructors offer valuable perspectives, practical tips, and hands-on guidance to help students navigate the complexities of software development.
2. Comprehensive Curriculum
The curriculum at SkyAppz Academy is carefully crafted to cover a wide range of topics relevant to today's software development landscape. From programming languages and frameworks to design principles and best practices, students receive a comprehensive education that prepares them for success in the industry.
3. Hands-On Projects
SkyAppz Academy emphasizes hands-on learning through practical projects and real-world scenarios. Students have the opportunity to apply their knowledge and skills in a supportive environment, working on projects that simulate the challenges and demands of the software development profession.
4. State-of-the-Art Facilities
SkyAppz Academy provides state-of-the-art facilities equipped with the latest technology and resources. From modern classrooms and computer labs to collaborative workspaces and project rooms, students have access to everything they need to thrive in their learning journey.
5. Career Guidance and Support
SkyAppz Academy goes beyond classroom instruction to provide career guidance and support to its students. From resume building and interview preparation to networking opportunities and job placement assistance, the academy is committed to helping students achieve their career goals in software development.
6. Flexibility and Convenience
SkyAppz Academy offers flexible learning options to accommodate the needs of its diverse student body. Whether through in-person classes, online courses, or hybrid learning models, students can choose the format that best fits their schedule and preferences.
7. Positive Student Feedback and Success Stories
SkyAppz Academy has garnered positive feedback from students and alumni who praise the quality of instruction, the relevance of the curriculum, and the impact of their training on their careers. Success stories abound, with many graduates securing rewarding positions in top tech companies or launching successful entrepreneurial ventures.
Conclusion
SkyAppz Academy stands out as a top choice for software training due to its industry-experienced instructors, comprehensive curriculum, hands-on projects, state-of-the-art facilities, career guidance, flexibility, and positive student feedback. By prioritizing quality education, practical experience, and student success, SkyAppz Academy continues to empower individuals with the skills and knowledge needed to thrive in the ever-evolving field of software development.
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Vested crypto tokens worth over $3B to be unlocked in May
Vested crypto assets worth over $3.1 billion will be released in May, with projects like Sui and Pyth Network unlocking over $1 billion in tokens each. Crypto vesting is done to promote continued dedication to a crypto project. Vested crypto tokens are locked to prohibit early investors or team members from hastily dumping their tokens and leaving the project. Among the projects releasing vested…
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2024.05.01(2)2024年4月注目すべきアルトコイン5つ(5 Altcoins You Should Keep an Eye on in April 2024) テーマ:気になる技術動向(1282)カテゴリ:アルトコインPyth Network Is Solving a Huge Problemパイスネットワークが解決する大きな問題l Price: $0.901
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The Rise of AI in Crypto: A Look at Top Projects by Ecosystem
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The Rise of AI in Crypto: A Look at Top Projects by Ecosystem
The Rise of AI in Crypto: A Look at Hyped Projects by Ecosystem
The intersection of Artificial Intelligence (AI) and cryptocurrency is a bustling landscape teeming with innovative ideas. AI projects are utilizing blockchain technology to create decentralized marketplaces for data, training models, and AI computation. This article explores some of the most hyped projects within the AI in crypto space, categorized by their primary ecosystem, and explores potential future players in the L1 blockchain space.
Ethereum-Based AI Projects:
Fetch.ai (FET): Focuses on building a decentralized machine learning network powered by autonomous economic agents.
Ocean Protocol (OCEAN): Creates a decentralized marketplace for data sharing.
SingularityNET (AGI): Aims to be a global marketplace for AI services and tools.
Numerai (NMR): Specializes in building a decentralized hedge fund powered by artificial intelligence.
iExec RLC (RLC): Provides a decentralized cloud computing platform for running AI applications.
Cortex (CORT): Focuses on building an open-source, interoperable AI ecosystem.
Enigma (ENG): Offers a privacy-preserving computation platform for AI.
Imgnai (XIMG): Focuses on AI-powered image and video recognition applications.
SBR (SBR): Aims to build a decentralized marketplace for AI-powered medical data.
ALI (ALI): Creates a decentralized platform for AI-driven asset management.
Jub (JUB): Offers a secure enclave solution for AI training on confidential data.
Naka (NAKA): Provides a decentralized platform for AI-powered prediction markets.
Cosmos-Based AI Project:
Injective Protocol (INJ): Creates a decentralized derivatives exchange powered by AI and machine learning.
Own Blockchain Projects:
DeepBrain Chain (DBC): Develops a blockchain infrastructure specifically designed for AI applications.
Deepcoin (DEP): Focuses on AI-powered financial services and risk management.
Solana-Based AI Projects:
Serum (SRM): Provides a decentralized exchange with on-chain order book management, leveraging AI for efficient market making.
Pyth Network (PYTH): Offers a decentralized oracle network specifically designed for providing reliable data feeds for AI applications.
Other Blockchain Projects:
Arweave (AR): (Own Blockchain) Creates a permanent decentralized storage solution for AI data and models.
Audius (AUDIO): (Ethereum) Builds a decentralized music streaming platform powered by AI for music discovery and curation.
Potential AI Players on Other L1 Blockchains:
While the space is still evolving, some L1 blockchains are exploring AI integration through ongoing development or community projects. Here are a few potential future players to watch:
Cardano (ADA): The Cardano community recently voted to allocate funding for AI projects, and SingularityNET (AGI) has expressed interest in integrating with Cardano. A hypothetical “Cardano AI (CAI)” coin is also a possibility in the future.
Important Note:
While the coins listed above represent some of the hyped AI projects in crypto, it’s crucial to conduct thorough research before investing in any cryptocurrency. The AI in crypto space is still evolving, and many projects remain in their early stages of development. Consider the project’s team, technology roadmap, and community engagement before making any investment decisions.
The Future of AI in Crypto:
The integration of AI and blockchain holds immense potential for the future of data management, machine learning development, and financial services. As these technologies converge, we can expect to see further innovation and disruption across various industries. However, navigating the hype and identifying truly groundbreaking projects requires careful research and a cautious investment approach.
#AI computation#AI in crypto#AI integration#ALI (ALI)#Artificial intelligence#Arweave (AR)#Audius (AUDIO)#blockchain ecosystem#cardano#Cardano (ADA)#Cartesi (CTSI)#community engagement#Cortex (CORT)#Cosmos#Cryptocurrency#data management#data sharing#decentralized marketplace#DeepBrain Chain (DBC)#Deepcoin (DEP)#Enigma (ENG)#ethereum#Fetch.ai (FET)#financial services#hyped AI coins#iExec RLC (RLC)#Imgnai (XIMG)#Injective Protocol (INJ)#investment#Jub (JUB)
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Why Filecoin (FIL) Surged by 40% in a Week
While the spotlight remains on the success of Worldcoin, another crypto project is gaining traction, quietly flourishing in the background. Filecoin (FIL) has surged nearly 40% over the past week, and here's why: What's Happening with FIL: Currently, Filecoin (FIL) is trading around $7.55, approaching the critical $8.00 mark. Trading volume has also surged, nearly 160%, reaching $1.5 billion, according to CoinGeko. Three Reasons for Filecoin (FIL) Growth: - Collaboration with Solana: Filecoin announced a strategic partnership with the Solana ecosystem, enhancing decentralized data storage and bolstering security. This partnership underscores the close relationship between the projects and confirms mutual support. - Partnership with Pyth Feeds: Integration with the PythNetwork financial oracle network enables Filecoin users to access reliable real-time market data, boosting trust in the ecosystem and optimizing transactions. - Increase in Stored Data Volume: Since 2023, the volume of data on the Filecoin platform has grown by 3.8 times, reaching 1,800 PiB. This growth reflects increased interest in the platform and makes the token more sought after. Filecoin continues to remain open to collaboration with various protocols and projects, fueling its growth and strengthening its position in the cryptocurrency market. Read the full article
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Pyth Network Launches Bitcoin ETF Price Feeds for DeFi Developers
Pyth Network, a provider of real-time market data for blockchain applications, has introduced price feeds for 13 Bitcoin exchange-traded funds (ETFs) to assist developers creating decentralized finance protocols. With the recent approval of Bitcoin ETFs in the US, this move aims to provide regulated exposure to Bitcoin for mainstream investors through accurate ETF price data. The initiative seeks to bridge traditional finance and DeFi, enabling developers to access real-time ETF insights and potentially attract institutional capital on-chain, enhancing liquidity and risk mitigation strategies. This integration by Pyth Network contributes to the growing interest in Bitcoin ETFs, with significant inflows recorded in the market.
The 13 Bitcoin ETFs supported by Pyth Network's price feeds include various options like ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETF, and Invesco Galaxy Bitcoin ETF, among others. Additionally, Pyth Network also offers support for a range of other ETFs such as (SPDR) Dow Jones Industrial Average ETF Trust and (VOO) Vanguard S&P 500 ETF. The launch of these price feeds comes at a time when BlackRock's Bitcoin ETF has amassed over 100,000 BTC under management, showcasing strong interest and adoption in the market for regulated exposure to cryptocurrencies.
This development highlights the increasing convergence between traditional financial markets and decentralized finance, providing DeFi developers with valuable tools and data sources to expand portfolio options and enhance liquidity strategies. As Bitcoin ETFs continue to attract significant inflows and mainstream investor interest, Pyth Network's integration of real-time price feeds for these ETFs adds a layer of transparency and accessibility to the DeFi ecosystem. For more information on the launch of Bitcoin ETF price feeds by Pyth Network, you can read the original article here.
#BitcoinETF #DeFi #CryptoInvesting #Blockchain
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