Cosmos (ATOM) – See the Reality https://www.seethereality.com Official Crypto News Website Wed, 21 Jun 2023 15:26:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.seethereality.com/wp-content/uploads/2023/03/cropped-onlinelogomaker-032123-0229-2177-32x32.png Cosmos (ATOM) – See the Reality https://www.seethereality.com 32 32 KAVA value jumps as USDT prepares to launch Kava blockchain. https://www.seethereality.com/?p=31789 https://www.seethereality.com/?p=31789#respond Wed, 21 Jun 2023 15:26:32 +0000 https://www.seethereality.com/?p=31789

  • At press time, KAVA was buying and selling at $0.9214, up 13.27% over the previous 24 hours.
  • The primary Kava-based USDT can be launched in 2023. July 3
  • Since Kava is constructed on Cosmos, this transfer will make USDT liquidity obtainable to Cosmos customers.

USDT stablecoin Kava is scheduled to look on the blockchain subsequent month. This may make Kava the subsequent blockchain backed by Tether Restricted, the corporate that points the most important USDT stablecoin, in accordance with the corporate’s official announcement.

The brand new launch will enable the group of Cosmos (ATOM), probably the most superior cross-chain ecosystem, to entry USDT liquidity. Kava, the flagship chain of Cosmos, not too long ago underwent a serious revamp.

Kava and Tether collaboration

After its growth, the Kava (KAVA) group emphasised that it combines probably the most spectacular options of the Ethereum Digital Machine (EVM) with the pace, low transaction charges and interoperability of the Cosmos SDK. Kava has launched the Kava 13 replace to spice up bandwidth and pace.

The brand new launch impressed Paolo Ardoino, Tether CTO, and he believes it will likely be essential for USDT to develop and undertake totally different liquidity options. Paolo stated:

“We’re excited to launch USD₮ in Kava, providing sturdy group entry to the world’s first, most secure, trusted and extensively used stablecoin.” The Kava community is a novel and extensively adopted blockchain with a stable four-year historical past and no safety points, which is important to guard USD₮ customers. Collectively, we goal to reshape the way forward for decentralized finance by fostering a strong and inclusive ecosystem that advantages customers around the globe.

Along with Kava, USDT has been launched on a number of different blockchains, together with Ethereum, Solana, Algorand, Tron, Eos, Close to Protocol, and Avalanche blockchains, in addition to Omni ” options and Liquid Community.

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Bulls Triumph in Area (ATOM): Indicators Signaling Bullish Momentum. https://www.seethereality.com/?p=19202 https://www.seethereality.com/?p=19202#respond Wed, 03 May 2023 13:25:45 +0000 https://www.seethereality.com/?p=19202
  • At present, the bulls have triumphed as Cosmos (ATOM) is up 0.70%.
  • Buyers are holding on to ATOM amid tumultuous market swings.
  • The latest optimistic momentum signifies a possible shopping for alternative for ATOM.

Bulls and bears battled for dominance over Cosmos (ATOM) over the previous 24 hours, with costs starting from $10.92 to $11.11. The bulls triumphed on the time of the announcement, main the value to rise 0.70% to $11.06.

Throughout the bullfight, ATOM’s market capitalization elevated by 0.70% to $3,168,049,960, whereas the 24-hour buying and selling quantity decreased by 26.58% to $65,544,101.

This motion signifies that regardless of decreased buying and selling quantity, buyers stay involved in ATOM and are ready to carry onto their shares throughout market fluctuations.

ATOM/USD 24-hour value chart (Supply: CoinMarketCap)

The MACD blue line has risen above the sign line on the ATOM/USD 2-hour value chart, however into the detrimental zone, indicating that the optimistic reversal could also be short-lived and that there’s nonetheless some promoting strain available in the market.

Nonetheless, the histogram is exhibiting a slight enhance within the optimistic area, which signifies that patrons are gaining momentum and that the value could rise within the close to time period.

Bullish bearish energy trending within the optimistic zone at 0.0290172 signifies that ATOM’s bullish momentum is now greater than bearish momentum, supporting the potential for a fast upside.

ATOM/USD Chart (Supply: TradingView)

The worth oscillator at 0.19 has simply moved into optimistic territory on the ATOM value chart. This transfer signifies that ATOM is on the rise, indicating a possible shopping for alternative for merchants.

Regardless of being detrimental at -0.15, the Chaikin Cash Circulation indicator is pointing upward, indicating that there’s nonetheless web cash flowing into the ATOM market. This transfer helps bullish momentum and gives a optimistic outlook for the cryptocurrency within the quick time period.

If the CMF strikes into the optimistic zone, this might point out elevated shopping for strain and, in consequence, a big rise in ATOM costs.

ATOM/USD Chart (Supply: TradingView)

In conclusion, regardless of market fluctuations, ATOM value reveals an upward pattern, supported by bullishness and investor curiosity.

Disclaimer: The views, opinions and knowledge contained on this value forecast are revealed in good religion. Readers ought to do their very own analysis and due diligence. Any actions taken by the reader are strictly at their very own danger. Coin Version and its associates is not going to be answerable for any direct or oblique harm or loss.

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Cosmos (ATOM) traded over 147% within the final 24 hours https://www.seethereality.com/?p=17644 https://www.seethereality.com/?p=17644#respond Thu, 27 Apr 2023 13:41:22 +0000 https://www.seethereality.com/?p=17644
  • ATOM’s buying and selling quantity and worth elevated and reached $11.
  • The group suggests operating Neutron for re-security.
  • Neutron is a DEX constructed on prime of the Cosmos SDK.

The value of Cosmos (ATOM) has risen briefly over the previous 24 hours. In accordance with common market monitoring web site CoinMarketCap, ATOM’s 24-hour buying and selling quantity elevated by greater than 147% and its worth exceeded $11, one of many highest factors in latest reminiscence.

ATOM is up 2.18%, whereas many different cryptocurrencies have traded within the pink over the previous 24 hours. It has a market share of $3.23 billion, which secures its place among the many 21 most outstanding cryptocurrencies, with a 24-hour buying and selling quantity that has virtually exceeded $200 million.

This enhance in worth and quantity comes after a number of partnerships and occasions have been introduced in latest weeks. The Cosmos group is buzzing with pleasure as they start voting on a proposal to launch Neutron on Replicated Safety, the primary proposal to convey it to the consumer chain.

In accordance with the most recent official Cosmos Twitter replace, the Neutron can be protected by the Cosmos Hub validation suite if profitable, marking the daybreak of the Atom Financial Zone. That is anticipated to assist strengthen ATOM’s place as an interchain reserve foreign money.

Notably, Neutron is a decentralized change (DEX) constructed on prime of the Cosmos Software program Growth Equipment (SDK), permitting customers to change tokens on totally different blockchains with out taking on a centralized change.

In accordance with the most recent replace, Cosmos Hub will obtain 25% of transaction charges from Neutron, 25% of MEV income, and seven% of the provision of NTRN, Neutron’s community native token. In the end, the proposal goals to supply extra advantages and synergies between Hub and Neutron.

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Cosmos Unveils IBC-Solidity’s Purpose to Merge Ethereum with Cosmos https://www.seethereality.com/?p=14076 https://www.seethereality.com/?p=14076#respond Fri, 07 Apr 2023 21:06:05 +0000 https://www.seethereality.com/?p=14076
  • The Cosmos group shared some particulars about IBC-Solidity and a few of its targets in a current tweet.
  • With IBC-Solidity, will probably be potential to facilitate the switch of messages, tokens and knowledge throughout blockchains.
  • ATOM is presently buying and selling at $10.97 after a 3.48% lower in worth.

The Cosmos group on April 6. took to Twitter to share extra about IBC-Solidity. The group introduced that IBC (Inter-Blockchain Communication) will increase to different blockchains resembling Ethereum. In additional element, IBC’s Solidity implementation goals to merge Ethereum with Cosmos.

With IBC-Solidity, it’ll now be potential to facilitate the switch of messages, tokens and knowledge throughout blockchains. This contains blockchains like Ethereum, EVM appropriate blockchains and Enterprise Ethereum.

The tweet additionally added that the EVM-compatible IBC-Solidity may also be used to attach chains resembling BSC, Polygon and Avalanche. As well as, IBC-Solidity can be utilized in cross-circuit bridges to attach these public circuits.

Regardless of this announcement yesterday, Cosmos (ATOM) is presently one of many cryptocurrencies buying and selling within the pink. CoinMarketCap signifies that ATOM is now price about $10.97 after a 3.48% loss within the final day. Throughout the identical interval, the cryptocurrency additionally reached an all-time excessive of $11.59.

Wanting on the week’s altcoin efficiency, it is clear that the cryptocurrency nonetheless has some work to do to get again into the inexperienced, with ATOM down simply over 1% over the previous seven days. ATM’s 24-hour buying and selling quantity is presently within the inexperienced at $160,896,454, up greater than 12% since yesterday.

Its market cap of $3,138,919,550 signifies that ATOM is presently the twenty second largest cryptocurrency by market capitalization.

Disclaimer: Views and opinions, in addition to all info shared on this worth evaluation, are revealed in good religion. Readers ought to do their very own analysis and do their due diligence. Any actions taken by the reader are strictly at their very own threat. Coin Version and its associates is not going to be held answerable for any direct or oblique injury or loss.

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