Oracle

Oracles are essential infrastructure components that feed real-time, off-chain data (such as price feeds, weather, or sports results) into blockchain smart contracts. Without decentralized oracles like Chainlink and Pyth, DeFi could not function. In 2026, oracles have evolved to support verifiable randomness and cross-chain data synchronization. This tag covers the technical evolution of data availability, tamper-proof price feeds, and the critical role oracles play in ensuring the deterministic execution of complex decentralized applications.

5118 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Ethereum exit queue hits Record $5B ETH, raising Sell Pressure concerns

Ethereum exit queue hits Record $5B ETH, raising Sell Pressure concerns

The post Ethereum exit queue hits Record $5B ETH, raising Sell Pressure concerns appeared on BitcoinEthereumNews.com. Ethereum is seeing the largest validator exodus in crypto history, with over 1 million Ether tokens currently waiting to be withdrawn from staking through Ethereum’s proof-of-stake (PoS) network. Ethereum’s exit queue surpassed 1 million Ether (ETH) worth $4.96 billion on Thursday. This marks the amount of Ether set for withdrawal by the network’s validators, who are responsible for adding new blocks and verifying transactions in proposed blocks, playing a vital role in the functioning of the blockchain network. The mass exodus has extended the validator exit waiting time to a record 18 days and 16 hours, according to blockchain data from validatorqueue.com. While this does not mean that all the validators are looking to sell their holdings, a significant portion of the almost $5 billion may be sold to lock in profits, considering that Ether has risen 72% over the past three months. Ether validator queue. Source: validatorqueue.com “The exit queue hitting 1 million ETH reflects healthy market dynamics rather than a cause for concern,” Marcin Kazmierczak, co-founder of RedStone blockchain oracle firm, told Cointelegraph, adding: “What’s crucial to understand is that these exits pale in comparison to the institutional capital flowing into Ethereum.” The “unprecedented demand” from public vehicles such as treasury firms and exchange-traded funds means that the validator sales are “easily absorbed by this institutional appetite,” he said. Related: Kanye West’s YZY token: 51,000 traders lost $74M, while 11 netted $1M Ether remains the “liquidity magnet” of the crypto market: Analyst Ether remains the “liquidity magnet” of the crypto industry, with Ether futures open interest nearing $33 billion, signaling solid institutional interest, according to Iliya Kalchev, dispatch analyst at digital asset platform Nexo. “Standard Chartered reiterated that ETH and ETH-treasury firms remain undervalued even at these levels, projecting a $7,500 year-end target,” said the analyst, adding: “Combined…

Author: BitcoinEthereumNews
Why Is Pyth Network (PYTH) Price Surging 70% Today?

Why Is Pyth Network (PYTH) Price Surging 70% Today?

The post Why Is Pyth Network (PYTH) Price Surging 70% Today? appeared on BitcoinEthereumNews.com. Key Notes The Bureau of Economic Analysis will distribute GDP and other macroeconomic indicators across nine major blockchains including Bitcoin and Ethereum. PYTH dramatically outperformed Chainlink’s 4% gain, reaching $1 billion market cap for the first time since May 2025. Technical analysis shows golden cross formation with RSI at 70.91, suggesting potential for further gains toward $0.21 resistance level. After opening trading near $0.11, Pyth Network PYTH $0.22 24h volatility: 83.8% Market cap: $1.22 B Vol. 24h: $1.97 B price surged almost 70% intraday on Thursday, Aug. 28, breaching the $0.19 level to hit $1 billion market capitalization for the first time since May. The rally was triggered after the US Department of Commerce confirmed plans to publish official economic data through both Chainlink LINK $24.18 24h volatility: 1.1% Market cap: $16.39 B Vol. 24h: $2.66 B and Pyth Network. The Bureau of Economic Analysis (BEA) will distribute macroeconomic indicators, including GDP, PCE Price Index, and Real Final Sales, across nine blockchains, including Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. Pyth Network Price Action on Aug 28 2025 | Source: CoinMarketCap While Chainlink’s LINK token gained just over 4% before encountering resistance at $25, PYTH dramatically outperformed with a 68% jump. Pyth Network is working with @CommerceGov to power the distribution of gross domestic product data onchain. Chief Executive Officer of Douro Labs, @mdomcahill was the only person quoted in the White House exclusive press release with @Bloomberg to speak on how Pyth Network is… pic.twitter.com/3HfZ65ilIK — Pyth Network 🔮 (@PythNetwork) August 28, 2025 Notably, Mike Cahill, CEO of Pyth parent firm Douro Labs, was the only executive quoted in the official White House press release distributed via Bloomberg, signaling Pyth’s prominent role in the initiative. “The entire administration has embraced this… With today’s announcement…

Author: BitcoinEthereumNews
Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy

Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy

The post Base Overtakes Solana in NFT Volume as Zora Drives Minting Frenzy appeared on BitcoinEthereumNews.com. With millions of mints and $122 million in trading volume, Base has quietly emerged as a go-to platform for Web3 creators. Coinbase’s Layer-2 network, Base, has become one of the most active blockchain ecosystems by NFT trading volume, surpassing Solana and Abstract. DappRadar’s blockchain analyst Sara Gherghelas said in a recent research report that Base has become a popular place for creators, thanks to cheap mints, creator-friendly tools, and “speculation around a potential airdrop.” Top Blockchains by NFT Volume “Base NFTs hit $122M in trading volume and 6.7M sales in 2025, with June marking a breakout moment (+336% MoM volume),” Gherghelas noted. The surge has been fueled by top collections such as DX Terminal, Onchain Gaias, Oracle Patron, Based Punks, and Get Based, blending retro-futuristic art, interactive gameplay, and, in the case of Onchain Gaias, the ability for holders to train AI-enabled agents across Web3 ecosystems. Behind the Numbers The main driver behind Base’s NFT boom is Zora, an open-source NFT protocol that lets creators launch low-cost NFTs and drops on Base for less than one U.S. dollar, while also offering an ERC-20 layer for creator tokens. “Since July alone, Zora on Base has recorded 1.6 million tokens minted, generating $470 million in trading volume and $3.4 million in creator royalties,” Gherghelas wrote. Data from DefiLlama shows that starting in July, Zora’s revenue jumped to $4.7 million, marking a more than 312,000% increase compared to Q4 2024. On the marketplace front, OpenSea has emerged as the leader on Base, with Gherghelas attributing this to the fact that the marketplace was an early Base supporter. NFT Volume by Marketplace Amid the recent uptick in NFT activity, OpenSea has overtaken Blur over the past 90 days, with trading volume of $389 million, compared to Blur’s $312 million, according to Token Terminal. Source:…

Author: BitcoinEthereumNews
US Government Taps Chainlink and Pyth to Publish Economic Data Onchain

US Government Taps Chainlink and Pyth to Publish Economic Data Onchain

The post US Government Taps Chainlink and Pyth to Publish Economic Data Onchain appeared on BitcoinEthereumNews.com. PYTH and LINK are soaring after the U.S. published its GDP figures on leading blockchains. The United States continues to embrace decentralized finance (DeFi), with the government today publishing economic data on eight different blockchains via Pyth and Chainlink oracles. The move has sent PYTH soaring, and the token is up 52% today to a $1 billion market capitalization. LINK is up 2.8% in the same period to a $17 billion market capitalization. PYTH Chart – CoinGecko The initiative began today as the U.S. published its GDP figures on Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, and Polygon. Notably missing is Base, the Ethereum Layer 2 backed by Coinbase, which has worked closely with the government in its crypto adoption efforts. Stellar Network, on the other hand, is the smallest blockchain included, with just $144 million of DeFi total value locked (TVL). Polygon is the next largest with $1.2 billion. Solana GDP Transaction Hash The news also comes soon after Chainlink unveiled its reserve buyback program, in which the oracle provider uses its off-chain contract revenue to purchase LINK tokens. Chainlink disclosed today that its total reserve holdings are up to 193,076 LINK, or $4.8 million. The token has rallied by 40% over the last month but remains flat for the week. Source: https://thedefiant.io/news/defi/us-government-taps-chainlink-and-pyth-to-publish-economic-data-onchain

Author: BitcoinEthereumNews
Chainlink Partners With US Department Of Commerce To Bring Macroeconomic Data On-Chain

Chainlink Partners With US Department Of Commerce To Bring Macroeconomic Data On-Chain

Chainlink and the US Department of Commerce (DOC) announced their collaboration to deliver key government macroeconomic data on-chain, aiming to improve transparency and unlock new use cases for blockchain markets. Related Reading: Hong Kong Officials Pull Out Of Bitcoin Asia 2025 Despite Crypto Push – Here’s Why Chainlink Brings Economic Data On-Chain On Thursday, the […]

Author: Bitcoinist
Chainlink to Host US Government’s Economic Data, Price Reacts

Chainlink to Host US Government’s Economic Data, Price Reacts

The post Chainlink to Host US Government’s Economic Data, Price Reacts appeared on BitcoinEthereumNews.com. Decentralized oracle service provider Chainlink (LINK) has made several headlines in recent times, which has helped trigger a massive price rebound. In a recent announcement, the protocol confirmed it has now partnered with the United States Department of Commerce. The deal will see Oracle bring macroeconomic data on-chain. Macro data to go on-chain Per the update, Chainlink will deploy new feeds that will help deliver the right data from the Bureau of Economic Analysis.  This move has a major incentive for the broader blockchain industry. Besides helping to design functional trading strategies, it can also help in the design of DeFi protocol risk management riding on macroeconomic factors. You Might Also Like Among the U.S. Government data that will be accessible are the real GDP level, the GDP percentage change, the PCE price index and sales records, among others. It is not uncommon for Chainlink to secure active partnerships with crypto and mainstream entities. As reported earlier by U.Today, Chainlink is helping Shiba Inu maintain its deflationary status in a recent partnership update. With an active role in the evolution of blockchain, institutions are beginning to explore Chainlink as a treasury reserve asset. Nasdaq-listed Caliber just revealed its LINK strategy, in what may become the first of many. Chainlink price in spotlight Following the U.S. government partnership announcement, the Chainlink price broke past a short-term resistance level in a long-awaited rebound push. You Might Also Like As of press time, Chainlink’s price was changing hands for $25.56, up by 4.18% in the past 24 hours. The token has maintained an uptick on different time frames with a registered 18.44% in the year-to-date (YTD) period. Known to jump in correlation with Ethereum, the Chainlink price is on track to reclaim the $30 price mark. With the global and national focus on Chainlink as an…

Author: BitcoinEthereumNews
7 Best Altcoins to Buy in 2025

7 Best Altcoins to Buy in 2025

The post 7 Best Altcoins to Buy in 2025 appeared on BitcoinEthereumNews.com. Crypto News Discover the 7 best altcoins to buy in 2025. Analysts spotlight Ethereum-based gems and undervalued portfolio leaders with strong growth potential for the next bull run. Whale wallets and smart money trackers are turning to Ethereum gems in the hunt for 2025 portfolio leaders. Among the top seven altcoins flagged by analysts, MAGACOIN FINANCE is emerging as the stealth presale play with 35x upside potential, while established names like Ether, Chainlink, and Polygon continue to anchor the Ethereum ecosystem. Together, these projects form a cross-section of the network’s most promising tokens, blending utility, innovation, and strong adoption trends. 1. MAGACOIN FINANCE (MAGACOIN) MAGACOIN FINANCE is quickly becoming one of the most talked-about Ethereum-based presales of 2025. Its viral branding, strong community engagement, and presale scarcity have positioned it as a breakout contender for speculative upside. Analysts highlight whale accumulation and presale demand as early signals of momentum, with forecasts suggesting the project could deliver returns of up to 35x as the next cycle matures. Unlike typical meme launches, MAGACOIN FINANCE benefits from a political–cultural narrative that fuels online attention while also driving serious allocation from both retail traders and larger smart-money wallets. This combination of hype, scarcity, and real adoption metrics has led analysts to include MAGACOIN alongside Ethereum’s established leaders, placing it in the conversation as one of 2025’s portfolio leaders. Analysts Rank MAGACOIN FINANCE a Leading Crypto Presale for 2025 MAGACOIN FINANCE is often featured in analyst watchlists as one of the top crypto presales for 2025, and for good reason. The team’s commitment to full transparency — including public audits and KYC verification — builds unmatched trust. These fundamentals give investors peace of mind and separate the project from unverified alternatives in the market. 2. Ether (ETH) No Ethereum ecosystem list is complete without ETH.…

Author: BitcoinEthereumNews
7 Best Altcoins to Buy in 2025 — Ethereum Gems and Undervalued Portfolio Leaders

7 Best Altcoins to Buy in 2025 — Ethereum Gems and Undervalued Portfolio Leaders

Whale wallets and smart money trackers are turning to Ethereum gems in the hunt for 2025 portfolio leaders. Among the […] The post 7 Best Altcoins to Buy in 2025 — Ethereum Gems and Undervalued Portfolio Leaders appeared first on Coindoo.

Author: Coindoo
Chainlink Reserve Adds 42,000 LINK, Raises Treasury to $4.8 Million

Chainlink Reserve Adds 42,000 LINK, Raises Treasury to $4.8 Million

The post Chainlink Reserve Adds 42,000 LINK, Raises Treasury to $4.8 Million appeared on BitcoinEthereumNews.com. Chainlink said its dedicated treasury fund, the Chainlink Reserve, purchased an additional 42,298 Chainlink said its dedicated treasury fund, the Chainlink Reserve, purchased an additional 42,298.22 LINK tokens on 28 August, bringing the reserve’s total holdings to 193,076 LINK. At the fund’s reported average cost basis of US$21.90, the latest acquisition is valued at about US$1 million and lifts the reserve’s portfolio to roughly US$4.8 million. Chainlink added that about 90 percent of the new tokens were bought with USDC swapped for LINK on the Uniswap decentralised exchange, while the remaining 10 percent came from fees generated by users of the oracle network. The reserve programme, launched to support the long-term growth and sustainability of the Chainlink ecosystem, has been making weekly token purchases. The company did not detail the schedule or size of future inflows but reiterated that the fund’s objective is to provide ongoing liquidity and stability for the network’s oracle services. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/blockchains/chainlink-reserve-adds-42000-link-raises-treasury-to-4-8-million-f2dec55e

Author: BitcoinEthereumNews
PYTH Surges 50% to $0.1867 After US Government Partnership

PYTH Surges 50% to $0.1867 After US Government Partnership

The post PYTH Surges 50% to $0.1867 After US Government Partnership appeared on BitcoinEthereumNews.com. Pyth will initially publish quarterly GDP figures going back five years, with plans to expand into other macroeconomic datasets The news sparked a rapid market response with Pyth’s native token, PYTH, surging approximately 50% in intraday trading The Department of Commerce also partnered with Chainlink to publish multiple macroeconomic indicators, such as GDP, the PCE Price Index, and Real Final Sales Pyth Network has been chosen by the US Department of Commerce (through Secretary Howard Lutnick) to verify and distribute official economic data on-chain. This is a huge step for the crypto industry, showing that the government is now using decentralized technology. Pyth will initially publish quarterly GDP figures going back five years, with plans to expand into other macroeconomic datasets, ushering in a new era of transparent, blockchain-native data. Why Did the US Government Choose Pyth? Already integrated across over 100 blockchains and supporting more than 600 applications, Pyth is positioned as a trusted, decentralized oracle network capable of handling cryptographically verifiable data. Its transparent data model and staking-based security further strengthen its credibility. As expected, the news sparked a rapid market response with Pyth’s native token, PYTH, surging approximately 50% in intraday trading. Its current price is $0.1867. In Q1 2025, Pyth recorded $149.1 billion in Total Transaction Value (TTV), which is a 14.9% drop from Q4’s $175.2 billion. However, the numbers still show a staggering 376.6% increase year-over-year.  Pyth’s market share stayed strong at 32.5%, ahead of Chainlink’s 20.3% despite overall market slowdown. Today’s announcement will likely put Pyth even more in the spotlight and possibly help with a bigger boost in the long term. Chainlink also involved Along with Pyth’s involvement, the Department of Commerce also partnered with Chainlink to publish multiple macroeconomic indicators, such as GDP, the PCE Price Index, and Real Final Sales on…

Author: BitcoinEthereumNews