According to the Gate news bot, the official blog reports that Pyth Network has been selected by the U.S. Department of Commerce for the verification and distribution of on-chain economic data.

PANews, August 29 - According to SoSoValue data, the upward revision of the US Q2 GDP exceeded expectations, and Fed Governor Waller supports a 25bp interest rate cut in September. There has been frequent favourable information on the macro level, and most of the encryption zone has risen, with the Layer2 zone rising 3.03% in 24 hours. Within the zone, Mantle (MNT) and ex-MATIC (POL) rose 5.20% and 7.21%, respectively. Notably, Bitcoin (BTC) and Ethereum (ETH) fell 0.18% and 1.45% in 24 hours, respectively, with BTC still fluctuating around $111,000 and ETH dropping below $4,500. In other zones, the DeFi zone rose by 1.58% in 24 hours, among which Chainlink (LINK) rose by 2.69%, Pyth

Gate News Bot news, on August 29, according to CoinMarketCap, as of the time of publication, PYTH (Pyth Network) is currently priced at $0.22, rising 95.38% within 24 hours, with a maximum of $0.24 and a minimum fallback to $0.11, and a 24-hour volume of $150 million. The current market capitalization is approximately $1.289 billion, an increase of $629 million compared to yesterday. Important news about PYTH recently: 1️⃣ **Price has significantly pumped, with a notable rise in the last 24 hours** The price of PYTH has seen a strong rise in a short period, breaking through 0.19 USDT, with a 24-hour rise of over 60%. This surge has pushed the market capitalization of PYTH beyond 1.2 billion USD, demonstrating the high level of attention and confidence investors have in the project. 2️⃣ **Decentralized Oracle Definition

On August 28, news from MGBX market data shows that PYTH briefly pumped above 0.194 USDT, currently reported at 0.19 USDT, with a 24-hour rise of over 60%, and market capitalization surpassing 1.2 billion USD. Pyth Network is a decentralized first-party financial oracle that provides real-time market data on-chain in a secure and transparent manner, without the need for third-party intermediaries (nodes).

PANews, July 29 - According to Cointelegraph, the decentralized oracle network Pyth Network has recently launched real-time on-chain price data for 85 major stocks in Hong Kong, covering a total market capitalization of approximately $3.7 trillion in the Hong Kong stock market. This data comes directly from institutional-grade trading venues and is updated every 400 milliseconds, accessible on over 100 blockchains. Pyth Network stated that this move breaks the previous limitations of obtaining Hong Kong stock data through expensive terminals or latency services, providing support for developers to build a new generation of financial products.

Gate News bot message, the crypto market showed a stable pump over the weekend. Bitcoin ( BTC ) price reached $107,649, pump 0.24%; Ethereum ( ETH ) reported $2,473, rise 1.43%. Strong-performing tokens include Arbitrum, Pudgy Penguins, and Pyth Network. Meanwhile, DEXE has seen a decline.

Gate News, as Bitcoin (BTC) stabilizes above $108,000 and continues to approach historical highs, the crypto assets market shows strong recovery momentum. Against this backdrop, altcoins such as Arbitrum (ARB), Pyth Network (PYTH), and Immutable (IMX) have all achieved remarkable pumps in the past 24 hours. These tokens are accelerating into a long-term recovery cycle, and are expected to soon break through critical resistance levels, bringing new opportunities for investors.

As the price of Bitcoin (BTC) remains above $108,000 and is expected to set a new historical high, the overall cryptocurrency market is showing signs of recovery. In the past 24 hours, coins such as Arbitrum (ARB), Pyth Network (PYTH), and Immutable (IMX) have performed outstandingly. These competitive coins (alts) are attempting to break through key resistance levels in hopes of continuing their rebound trend.

Gate News, the well-known crypto market maker Jump Crypto officially announced its return, reappeared as a "builder", and announced the results of the five-year construction. The company is positioned as a team of engineers at its core, and its strategy is to identify industry constraints and build solutions. Key achievements include: Pyth Network: A high-performance oracle with over 280 million daily updates, serving 100+ chains and 520+ applications. Wormhole: A cross-chain protocol that has delivered more than 1 billion messages, connecting the multi-chain ecosystem. Firedancer: Solana's high-performance standalone validator client designed to scale the network. DoubleZero: Build a decentralized, low-latency optical fiber network to solve the bottleneck of public network speed. Incubation security companies: Cordial Systems ( self-custody wallet ), Asymmetric Research ( embedded security, and has prevented losses of more than $5 billion ). All projects adhere to the principles of open source and decentralization, and Jump plays the role of a core contributor. At this time, the voice stems from the dual confidence in the technological development of the industry and the improvement of the policy environment (such as a more open attitude of the regulators). For the first time, Jump was deeply involved in U.S. regulatory discussions, submitting a policy advisory letter calling for a clear and rational crypto regulatory framework. At the end of the article, an invitation is issued to builders, ecological contributors and policy participants to build the future together.

PANews, June 20, reported that Jump Crypto announced a relaunch on its official website, emphasizing its core contributions to projects such as Pyth, Wormhole, Firedancer, and DoubleZero, showcasing its strategy logic of "building driven by trading." Jump stated that it will make a strong push on both infrastructure and policy-making fronts, submitting its first comment letter to the U.S. SEC, calling for digital asset regulatory reform. The official statement claims that the current resonance between policy and technological environment represents "the best time to reshape financial market infrastructure."

The head of Douro Labs, the developer of Pyth, stated that the Pyth Oracle Machine network is transforming the financial data industry by providing critical price information for institutions. Pyth's data pulling model reduces the costs for institutions reliant on real-time market data, with significant growth expected in 2024. The network offers real-time market data in areas such as Crypto Assets, stocks, FOREX, commodities, and Intrerest Rate, and plans to launch real-time oil pricing data on over 80 Blockchain networks.

Pyth Network has launched multiple on-chain real-time prices for forex, including emerging market currencies such as the Chilean Peso, Colombian Peso, and Indonesian Rupiah. This initiative breaks the monopoly of banks and institutions on forex data, drops the cost of access, and promotes DeFi innovation. DeFi protocols can utilize this data to build forex derivations, stablecoin applications provide fairer Exchange Rate conversions, and businesses can hedge currency risks without bank support, connecting DeFi and the TradFi system, realizing the vision of a borderless global financial market.

Golden Finance reported that Grayscale's official data shows that the management fee of its latest launch, Grayscale Pyth Trust, is 2.5%, and will use the CoinDesk Pyth price index to provide a USD-denominated reference Exchange Rate. In addition, as of February 18th, the AUM of Grayscale Pyth Trust reached $10,288,675.76, with a net asset value per share of $10.29.

Odaily Planet Daily News Grayscale announced on the X platform that it has launched the single asset encryption investment fund Grayscale Pyth Trust. It is reported that the management fee for this product is 2.5%, and the Assets Under Management as of February 14th is $10,948,200.07.

PANews reported on February 18 that according to Solid Intel, Grayscale announced the launch of Grayscale $PYTH Trust, its new investment product aimed at providing investors with the opportunity to access Decentralization price data through the Pyth network.

BlockBeats news, on February 18, according to market reports, Grayscale announced the launch of the Pyth Trust Fund.

Oracle Machine service provider Pyth Network has launched the Lazer service, which can provide faster price updates (up to 1 millisecond), and can help with real-time market analysis and efficient operation of Decentralized Finance protocols. It supports multiple blockchain environments and optimizes computation costs. The service supports 1,000 price data and is provided by first-party publishers.

Golden Finance reported that Pyth Network announced the launch of Pyth.

Pyth Network launches Pyth Lazer, offering ultra-fine price feeds and market data with a minimum update time of 1 millisecond, supporting multiple update frequency options. Pyth Lazer is built for protocols that require speed, providing ultra-low-latency price updates and rich market data for over 1000 assets, supporting all cross-blockchain ecosystems. As a complementary product to Pyth Core Oracle Machine service, Pyth Lazer can be used for Perpetual Futures and trading applications that compete with CeFi.

Golden Finance reported that the Pyth Network has announced the transfer of 4.6 million PYTH (worth about 172.7

Swiss wealth management company 21Shares has added four new ETPs to its European product lineup, covering price Oracle Machine, asset tokenization, Decentralization computing, and artificial intelligence. Investors can also reinvest NEAR stake rewards into these ETPs to enhance performance and client returns. These four ETFs will be traded on multiple exchanges.

Golden Finance reported, Oracle Integrity

Golden Finance reported that Pyth Network has announced the distribution of 768,000 PYTH stake rewards to stakeholders to support the protection through Oracle Integrity Staking.

On October 15th, Decentralization exchange Bluefin and Pyth.

Odaily Star Daily News According to official sources, Pyth Network has released the EIGEN/USD price feed service, and the relevant data supports more than 75.

The price of BTC has fallen to below $62,000, leading to a general decline in the prices of multiple AltCoins. Among them, HMSTER fell by 15.6%, ETHFI fell by 13%, DYM fell by 12%, REZ fell by 12%, BB fell by 12%, CRV fell by 9.16%, PYTH fell by 8.8%.

Odaily Planet Daily News Pyth Network announced on the X platform that it supports the MOTHER/USD price feed service. It is reported that the price feed service for the Solana ecosystem Memecoin project MOTHER will support more than 75

Odaily Planet Daily News Pyth posted on the X platform that its blockchain coverage has doubled in the past year, reaching 76 Blocks.