Author: Digicoinvision

The native token of the Pyth Network surged on Thursday after the project confirmed it had been selected by the US Department of Commerce to verify and distribute economic data onchain — a move that places blockchain technology at the center of official government processes and highlights the important role of data oracles.According to CoinMarketCap, the PYTH token peaked just above $0.20, marking a daily gain of more than 70%. It was last trading just below $0.19, still up about 62% on the day.The rally propelled PYTH to its highest level since February, lifting its market capitalization above $1 billion,…

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Bitcoin dominance is at a pivotal moment, testing key support levels that could determine market direction. A bounce from these zones may signal temporary stability, while a breakdown could trigger deeper declines and shift attention toward altcoins.  Market Structure Signals Growing Vulnerability According to @Crypto_TheBoss in a recent market update, Bitcoin dominance has slipped below the 60% support level, signaling a notable change in market dynamics. This breakdown points to a weakening grip for Bitcoin as capital flows begin to diversify into other areas of the crypto market. Moves like this often act as early signals of potential altcoin strength,…

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The Department of Commerce has broadcast its Q2 GDP data across a diverse array of nine L1 and L2 networks. The move transforms a report into a permanent, globally-verifiable cryptographic fact, auditable by anyone on Earth. Summary U.S. Department of Commerce publishes Q2 2025 GDP data on nine blockchains, including Bitcoin, Ethereum, and Solana. The initiative makes GDP figures globally verifiable and cryptographically tamper-proof. Major exchanges Coinbase, Gemini, and Kraken, along with oracles Pyth and Chainlink, facilitated the data publishing. In an announcement on August 28, the U.S. Department of Commerce said it had cryptographically signed and published its official…

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Crypto projects are set to unlock about $4.5 billion in vested tokens in September, according to data tracker Tokenomist. Tokenomist data shows that about $1.17 billion will come from cliff unlocks, while $3.36 billion will be released through linear unlocks. About $4.5 billion in tokens will become available to investors, project teams and other stakeholders as vesting agreements expire. Cliff unlocks are typically larger, one-time token releases that happen at the end of a specified lockup period. This often affects the market more due to supply shocks. On the other hand, linear unlocks distribute tokens over time, which helps smooth out the…

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Key takeaway:Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle.Signs of panic from BTC short-term holders hint at a potential local bottom. Bitcoin (BTC) price action has painted bullish megaphone patterns on multiple time frames, which may propel BTC to new record highs, according to analysts.BTC price can reach $260,000 this cycleThe bullish megaphone pattern, also known as a broadening wedge, forms when the price creates a series of higher highs and lower lows. As a technical rule, a breakout above the pattern’s upper boundary may trigger a parabolic rise.Bitcoin’s daily chart shows two megaphone patterns, as shown…

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Join Our Telegram channel to stay up to date on breaking news coverage Live Crypto News: Stay Ahead With The Latest Updates Cronos (CRO) soared 37% after Trump Media and Crypto.com announced a $6.4 billion CRO treasury firm, KindlyMD slumped 12% after revealing a $5 billion Bitcoin buying plan, and Standard Chartered said Ethereum and ETH treasury firms are still cheap. Follow more live updates below. Join Our Telegram channel to stay up to date on breaking news coverage

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Shares of Nasdaq-traded real estate asset manager Caliber shot up as the firm announced its pivot to a Chainlink treasury, despite an ongoing exchange probe.According to a Thursday announcement, Caliber’s board of directors has approved establishing a digital asset treasury strategy focused on Chainlink (LINK). Under its new policy, the company intends to allocate a portion of its funds to acquire LINK tokens.Caliber’s board also appointed a crypto advisory board tasked with guiding management on digital asset strategy, policy and related initiatives. The news appears to be well-received by market participants, with Google Finance data showing that the company’s stock…

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The US Department of Commerce has begun publishing official economic statistics directly on public blockchains, describing this as a new approach to transparency and data security.The pilot program launched on Aug. 28 includes nine networks, including Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism.The announcement confirmed,“The Department published an official hash of its quarterly GDP data release for 2025—and, in some cases, the topline GDP number.”Notably, other leading blockchain networks like XRP Ledger and Cardano did not participate in the initial rollout.The authorities pointed out that major US exchanges, including Coinbase, Gemini, and Kraken, assisted in making the datasets available.The government added that future releases could expand…

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Key Takeaways Raydium broke out of a symmetrical triangle, surged by 9.69% as the $4-target came into play. Meanwhile, the Open Interest rose by 12%, with short liquidations hinting at strong bullish momentum. Raydium [RAY], at the time of writing, had broken out of a tightening triangle structure. This signaled a potential trend reversal after weeks of sideways movement. As expected, the breakout pushed the token higher, with RAY trading at $3.63 after an uptick of 9.69% on the daily charts.  Such a breakout pattern often sets the stage for strong bullish continuation, with projections now pointing towards the $4-mark. …

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