Search results for Pendle
Crypto
Bitcoin stalls below key resistance line as outlook divided on next move
Bitcoin continues to move sideways just below an early-February resistance level, with views split on what comes next. It traded around $71,200, while ether was at $2,185. Risk appetite improved after a U.S.-Iran ceasefire, but crypto markets did not extend gains. Bitcoin futures open interest rose to a one-week high. Volatility indicators for bitcoin and ether kept falling, while option activity showed continued but easing put demand.
Crypto
Plume Network wants to tokenise Korean assets and link them to global RWA market
Plume Network, a layer-1 blockchain focused on real-world assets, is accelerating its expansion in South Korea. It has supported the won-pegged stablecoin KRW1 through cooperation with digital asset custodian BDACS and is expanding partnerships with communities and users. CEO Chris Yin said Korean firms are already preparing infrastructure ahead of the expected rollout of a token securities system in about a year. Plume aims to bring Korean assets on-chain and distribute them to global investors.
Crypto
Theo launches yield-bearing tokenised gold for DeFi use
Blockchain-based finance firm Theo has launched a yield-bearing tokenised gold product, thGOLD, The Block reported on Jan. 17. While existing tokenised gold mainly tracks gold prices, thGOLD provides interest by extending loans backed by physical gold. The product was developed with Libeara and received support from Standard Chartered’s venture arm. It is intended for trading and collateral use across major DeFi platforms.
