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PYTH Skyrockets 91% After Securing US Government On-Chain Data Role


by Olivia Stephanie
for CryptoPotato
PYTH Skyrockets 91% After Securing US Government On-Chain Data Role

TL;DR

  • PYTH gains 91% after being selected by the US government for blockchain-based data distribution.
  • MACD bullish divergence signals a potential uptrend as the price breaks out following a major announcement.
  • Despite the rally, smart money offloads $166K in PYTH, indicating profit-taking after a sharp price move.

Pyth Network Chosen to Help Distribute US Economic Data

On August 28, the US Department of Commerce announced it would begin releasing official economic data on blockchain networks. Pyth Network was selected to assist in verifying and distributing this data. Chainlink will also take part in the process.

Read the article at CryptoPotato

Read More

Solana (SOL) Set to Rip Higher as Golden Cross Appears on Chart

Solana (SOL) Set to Rip Higher as Golden Cross Appears on Chart

Solana trades at $206 after a golden cross, $4B accumulation near $180, and a $77M tr...
Ethereum Liquidity Pools Signal Buy-the-Dip Setup as ETH Dumps to $4.3K

Ethereum Liquidity Pools Signal Buy-the-Dip Setup as ETH Dumps to $4.3K

Ethereum buy orders cluster near $3.8K–$4.2K while $5B shorts risk liquidation above ...

PYTH Skyrockets 91% After Securing US Government On-Chain Data Role


by Olivia Stephanie
for CryptoPotato
PYTH Skyrockets 91% After Securing US Government On-Chain Data Role

TL;DR

  • PYTH gains 91% after being selected by the US government for blockchain-based data distribution.
  • MACD bullish divergence signals a potential uptrend as the price breaks out following a major announcement.
  • Despite the rally, smart money offloads $166K in PYTH, indicating profit-taking after a sharp price move.

Pyth Network Chosen to Help Distribute US Economic Data

On August 28, the US Department of Commerce announced it would begin releasing official economic data on blockchain networks. Pyth Network was selected to assist in verifying and distributing this data. Chainlink will also take part in the process.

Read the article at CryptoPotato

Read More

Solana (SOL) Set to Rip Higher as Golden Cross Appears on Chart

Solana (SOL) Set to Rip Higher as Golden Cross Appears on Chart

Solana trades at $206 after a golden cross, $4B accumulation near $180, and a $77M tr...
Ethereum Liquidity Pools Signal Buy-the-Dip Setup as ETH Dumps to $4.3K

Ethereum Liquidity Pools Signal Buy-the-Dip Setup as ETH Dumps to $4.3K

Ethereum buy orders cluster near $3.8K–$4.2K while $5B shorts risk liquidation above ...