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$RUNE WEDGE SQUEEZE LOADING... 👀
Target: 3.33 🚀
Hold the support. Watch for a clean reclaim and volume expansion. Let liquidity get swept, then ride the continuation. Do not front-run—wait for confirmation and let whales show their hand.
Not financial advice. Manage your risk.
#RUNE #THORChain #Crypto #Altcoins #DeFi
⚡
Target: 3.33 🚀
Hold the support. Watch for a clean reclaim and volume expansion. Let liquidity get swept, then ride the continuation. Do not front-run—wait for confirmation and let whales show their hand.
Not financial advice. Manage your risk.
#RUNE #THORChain #Crypto #Altcoins #DeFi
⚡
🚨 THORChain AMA Incoming
THORChain will host a community AMA on March 21, 14:00 UTC with Peer.
💡 Main topic:
Fiat on/off-ramps without KYC and permissionless access.
⚡ Why it matters:
THORChain enables native cross-chain swaps — no intermediaries, no wrapped assets.
👉 Direct crypto-to-crypto swaps across blockchains.
📊 The RUNE token powers the system:
— Secures the network
— Provides liquidity
— Used by validators
👀 If this direction expands →
DeFi could become more private and fully decentralized.
#THORChain #Rune #defi #crypto #Web3 🚀
THORChain will host a community AMA on March 21, 14:00 UTC with Peer.
💡 Main topic:
Fiat on/off-ramps without KYC and permissionless access.
⚡ Why it matters:
THORChain enables native cross-chain swaps — no intermediaries, no wrapped assets.
👉 Direct crypto-to-crypto swaps across blockchains.
📊 The RUNE token powers the system:
— Secures the network
— Provides liquidity
— Used by validators
👀 If this direction expands →
DeFi could become more private and fully decentralized.
#THORChain #Rune #defi #crypto #Web3 🚀
The chart shows $RUNE /USDT on Binance Perpetual futures holding strong around 0.4247 (+0.21%) after bouncing from recent lows near 0.4130. Price has climbed from the key support zone ~0.3737–0.3958, now testing resistance near 0.4621.
EMAs are tightly aligned (8/13/21 around 0.43), with price hugging the cluster – classic consolidation before breakout. Stochastic shows oversold recovery (K 44, D 59, J 15), hinting at building momentum, while RSI(14) at ~47.6 sits neutral but rising from lows. Volume supports the uptick with green bars picking up.
This setup screams bullish continuation if we hold above 0.42! Momentum favors longs as we push toward the descending trendline breakout.
TRADE ALERT: Long $RUNE /USDT Now!
Entry: around current ~0.4247
Take Profit: 0.4620 (near previous high/resistance – solid +8-9% potential)
Stop Loss: 0.4130 (below 24h low & recent support – tight risk control)
Risk smart, scale in on dips, and ride the THORChain wave! Liquidity flowing back into cross-chain gems like this – don't miss the move.
DYOR & trade responsibly ⚡
#RUNE #THORChain #RUNEUSDT #CryptoTrading #BinanceFutures #Altcoins #Crypto #Bullish #TechnicalAnalysis #TradeNow
EMAs are tightly aligned (8/13/21 around 0.43), with price hugging the cluster – classic consolidation before breakout. Stochastic shows oversold recovery (K 44, D 59, J 15), hinting at building momentum, while RSI(14) at ~47.6 sits neutral but rising from lows. Volume supports the uptick with green bars picking up.
This setup screams bullish continuation if we hold above 0.42! Momentum favors longs as we push toward the descending trendline breakout.
TRADE ALERT: Long $RUNE /USDT Now!
Entry: around current ~0.4247
Take Profit: 0.4620 (near previous high/resistance – solid +8-9% potential)
Stop Loss: 0.4130 (below 24h low & recent support – tight risk control)
Risk smart, scale in on dips, and ride the THORChain wave! Liquidity flowing back into cross-chain gems like this – don't miss the move.
DYOR & trade responsibly ⚡
#RUNE #THORChain #RUNEUSDT #CryptoTrading #BinanceFutures #Altcoins #Crypto #Bullish #TechnicalAnalysis #TradeNow
B
RUNEUSDT
Perp
Closed
PNL
+8.07%
$RUNE /USDT LONG TRADE SIGNAL – BULLS TAKING CONTROL
Entry Price: $1.209
Target 1: $1.250
Target 2: $1.280
Target 3: $1.310
Stop Loss: $1.170
Why Long?
#ThorChain ($RUNE ) is showing strong bullish momentum, with price movement indicating a steady uptrend. The price has bounced off key support levels and is forming higher lows, suggesting continued upward movement. The recent increase in volume confirms strong buying interest, signaling that bulls are in control.
If $RUNE holds above $1.200, it has the potential to push towards $1.280 and beyond. A breakout above $1.225 could accelerate further gains. However, a pullback to $1.170 would act as a strong support level, offering a potential re-entry zone.
Risk Management Tip: Adjust stop-loss levels once the first target is reached to secure profits.
Buy and Trade here on $RUNE
Entry Price: $1.209
Target 1: $1.250
Target 2: $1.280
Target 3: $1.310
Stop Loss: $1.170
Why Long?
#ThorChain ($RUNE ) is showing strong bullish momentum, with price movement indicating a steady uptrend. The price has bounced off key support levels and is forming higher lows, suggesting continued upward movement. The recent increase in volume confirms strong buying interest, signaling that bulls are in control.
If $RUNE holds above $1.200, it has the potential to push towards $1.280 and beyond. A breakout above $1.225 could accelerate further gains. However, a pullback to $1.170 would act as a strong support level, offering a potential re-entry zone.
Risk Management Tip: Adjust stop-loss levels once the first target is reached to secure profits.
Buy and Trade here on $RUNE
BUYING $RUNE at these levels, why?
RUNE is THORChains native token.
THORChain recently added new chain - Base and 2 new chains will be added in a week or two. Those ar $TRON and $XRP. This will increase THORChains DEX volume by a lot.
After these cahins next up is $SOL and this will not only increase volume but also open doors to use all of SOL’s ecosystems tokens.
THORChain aims to be number DEX and RUNE price will follow.
This price level is a gift because RUNE is at least 50$ token.
#DEX #THORCHAIN #RUNE
RUNE is THORChains native token.
THORChain recently added new chain - Base and 2 new chains will be added in a week or two. Those ar $TRON and $XRP. This will increase THORChains DEX volume by a lot.
After these cahins next up is $SOL and this will not only increase volume but also open doors to use all of SOL’s ecosystems tokens.
THORChain aims to be number DEX and RUNE price will follow.
This price level is a gift because RUNE is at least 50$ token.
#DEX #THORCHAIN #RUNE
Why $RUNE Might Be the Underrated Beast of 2025
Everyone’s sleeping on THORChain ($RUNE) — but it just quietly spiked 10% and the fundamentals are 🔥.
Let’s break it down — in a more real way:
Imagine this:
You swap Bitcoin for Solana, instantly. No wrapped tokens. No bridges. Just pure cross-chain freedom.
That’s $RUNE.
This week’s moves:
Trading around $6.35, up ~10%
TVL surging again — over $470M locked
Real volume, real users — not just hype
Why it matters:
THORChain lets users swap assets across chains with full custody
It’s like Uniswap, but cross-chain. And it actually works.
This isn’t hype — it’s working tech, live right now
Bonus Alpha:
Many whales are quietly stacking $RUNE — some are calling it the “dark horse” of DeFi’s next wave.
Your thoughts — is $RUNE next to explode or just getting warmed up?
$SOL
$BNB
#RUNE #THORChain
Everyone’s sleeping on THORChain ($RUNE) — but it just quietly spiked 10% and the fundamentals are 🔥.
Let’s break it down — in a more real way:
Imagine this:
You swap Bitcoin for Solana, instantly. No wrapped tokens. No bridges. Just pure cross-chain freedom.
That’s $RUNE.
This week’s moves:
Trading around $6.35, up ~10%
TVL surging again — over $470M locked
Real volume, real users — not just hype
Why it matters:
THORChain lets users swap assets across chains with full custody
It’s like Uniswap, but cross-chain. And it actually works.
This isn’t hype — it’s working tech, live right now
Bonus Alpha:
Many whales are quietly stacking $RUNE — some are calling it the “dark horse” of DeFi’s next wave.
Your thoughts — is $RUNE next to explode or just getting warmed up?
$SOL
$BNB
#RUNE #THORChain
#BinanceSquareFamily being careful is a great loss that has been #THORChain
Ismeidy
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#THORChain on the brink of the abyss, #Rune plunges over 20% after freezing operations and facing insolvency allegations.
Cross-chain exchange protocol THORChain has paused its THORFi services as it faces financial uncertainties with insolvency allegations circulating.
The move is part of a 90-day “restructuring” plan to reduce issues associated with the “Savers and Loans” programs, which appear to have accumulated a large amount of unserviceable debt.
While trading functionalities such as swaps are still active, lending operations under THORFi are suspended. A 90-day restructuring initiative has been implemented through validator nodes to address the issues. Meanwhile, the price of Thorchain’s native token, Rune, has fallen by 30% in the past 24 hours.
The pause is intended to prevent a hasty exit, which could further destabilize the platform. Haseeb Qureshi, managing partner at Dragonfly, likened the situation to a “bankruptcy freeze,” indicating a severe liquidity crisis.
Concerns have been raised regarding THORChain’s ability to meet its obligations to creditors if there are widespread repayments, due to an apparent shortage of bitcoin reserves in THORFi’s lending pools.
This issue originated from substantial bitcoin borrowing at a time when prices were considerably lower than today, necessitating the minting of additional Rune to cover these obligations. Compounded by the lack of liquidations within the protocol, there are concerns that this could trigger a large drop in Rune value and diminish the purchasing power of THORChain, potentially mirroring the Terra/Luna crash of 2022.
#runecoin $RUNE
{spot}(RUNEUSDT)
Cross-chain exchange protocol THORChain has paused its THORFi services as it faces financial uncertainties with insolvency allegations circulating.
The move is part of a 90-day “restructuring” plan to reduce issues associated with the “Savers and Loans” programs, which appear to have accumulated a large amount of unserviceable debt.
While trading functionalities such as swaps are still active, lending operations under THORFi are suspended. A 90-day restructuring initiative has been implemented through validator nodes to address the issues. Meanwhile, the price of Thorchain’s native token, Rune, has fallen by 30% in the past 24 hours.
The pause is intended to prevent a hasty exit, which could further destabilize the platform. Haseeb Qureshi, managing partner at Dragonfly, likened the situation to a “bankruptcy freeze,” indicating a severe liquidity crisis.
Concerns have been raised regarding THORChain’s ability to meet its obligations to creditors if there are widespread repayments, due to an apparent shortage of bitcoin reserves in THORFi’s lending pools.
This issue originated from substantial bitcoin borrowing at a time when prices were considerably lower than today, necessitating the minting of additional Rune to cover these obligations. Compounded by the lack of liquidations within the protocol, there are concerns that this could trigger a large drop in Rune value and diminish the purchasing power of THORChain, potentially mirroring the Terra/Luna crash of 2022.
#runecoin $RUNE
{spot}(RUNEUSDT)
🚧⚡️ Heads up, RUNE warriors! ⚡️🚧
📢 Starting July 31 at 17:00 UTC Binance will temporarily pause deposits & withdrawals of tokens on the THORChain (RUNE) network 🛠️
Why? A network upgrade is coming to make RUNE faster, smoother, and even more powerful. 💪
✅ Trading stays open
❌ Just no RUNE in or out during the upgrade window
So prep your bags, double-check those withdrawals, and let’s ride this upgrade wave like true crypto Vikings! 🛡️🌊
#BinanceSquare #RUNE #THORChain #HODLStrong
📢 Starting July 31 at 17:00 UTC Binance will temporarily pause deposits & withdrawals of tokens on the THORChain (RUNE) network 🛠️
Why? A network upgrade is coming to make RUNE faster, smoother, and even more powerful. 💪
✅ Trading stays open
❌ Just no RUNE in or out during the upgrade window
So prep your bags, double-check those withdrawals, and let’s ride this upgrade wave like true crypto Vikings! 🛡️🌊
#BinanceSquare #RUNE #THORChain #HODLStrong
📢 🔥 RUNE: The Hidden Gem of Crypto or a Ticking Time Bomb? 🔥😎😎😎💪💪💥💥💥💥💥💥🔥🔥🔥
The supply of $RUNE is well distributed:
✅ 82.64% in circulation, which means high liquidity and adoption.
✅ 5% of revenues are constantly burned, reducing supply and increasing its scarcity.
✅ Almost 28% of tokens are bonded, ensuring the security and stability of the network.
🚨 But beware… 🚨
⚠️ A significant portion is on Binance, Kraken, and Bybit, which could create selling pressure at any moment.
⚠️ If demand does not continue to grow, high circulation may work against the price.
📊 Is RUNE about to take off or will we see a massive dump?
Leave me your opinion in the comments and 😎👉💪😎 follow me here on Binance to stay updated on the best analyses and news from the crypto world. 🚀📈 #THORChain #Write2Earn #writetoearn #SHELLAirdropOnBinance #BinanceAlphaAlert
The supply of $RUNE is well distributed:
✅ 82.64% in circulation, which means high liquidity and adoption.
✅ 5% of revenues are constantly burned, reducing supply and increasing its scarcity.
✅ Almost 28% of tokens are bonded, ensuring the security and stability of the network.
🚨 But beware… 🚨
⚠️ A significant portion is on Binance, Kraken, and Bybit, which could create selling pressure at any moment.
⚠️ If demand does not continue to grow, high circulation may work against the price.
📊 Is RUNE about to take off or will we see a massive dump?
Leave me your opinion in the comments and 😎👉💪😎 follow me here on Binance to stay updated on the best analyses and news from the crypto world. 🚀📈 #THORChain #Write2Earn #writetoearn #SHELLAirdropOnBinance #BinanceAlphaAlert
THORChain Suspends Services Amid Financial Challenges
THORChain (RUNE) has announced a temporary halt of its THORFi services due to pressing financial challenges, embarking on a 90-day restructuring period to tackle rising debt and payment commitments.
What Financial Struggles is THORChain Facing?
The protocol, which specializes in cross-chain swaps, has encountered significant difficulties stemming from its “Savings and Lending” initiatives.
The mounting debt has compelled it to suspend these services, although trading activities will continue. This decision was reached following a vote among validator nodes.
In light of these events, the primary asset RUNE has plummeted over 30% in value within just 24 hours.
Experts have warned that this has led to a decline in market confidence, with Dragonfly Capital’s Haseeb Qureshi labeling the situation an “insolvency freeze” due to a critical liquidity crisis.
How Did Bitcoin Loans Contribute to Debt Issues?
The debt concerns largely arise from Bitcoin loans acquired at lower prices. While RUNE was minted during a period of rising Bitcoin prices, this has exacerbated the debt predicament.
A lack of sufficient liquidations has further depressed the altcoin’s value, raising alarms of a potential domino effect reminiscent of the Terra/Luna collapse.
The community is actively proposing new economic strategies to stabilize the protocol. John-Paul Thorbjornsen, THORChain’s founder, expressed optimism about recovery post-restructuring, asserting that the protocol is well-positioned to manage its debts thereafter.
THORChain stops THORFi services to address debt issues.
– RUNE value drops over 30% amid liquidity concerns.
– Community collaborates on economic proposals for stabilization.
The road ahead for THORChain may be rocky, but the commitment from its community and leadership provides a glimmer of hope for recovery and stability.
As discussions progress, the focus remains on restoring confidence and ensuring the protocol’s
#THORChain #runecoin #altcoins #BTC #CryptoNews
THORChain (RUNE) has announced a temporary halt of its THORFi services due to pressing financial challenges, embarking on a 90-day restructuring period to tackle rising debt and payment commitments.
What Financial Struggles is THORChain Facing?
The protocol, which specializes in cross-chain swaps, has encountered significant difficulties stemming from its “Savings and Lending” initiatives.
The mounting debt has compelled it to suspend these services, although trading activities will continue. This decision was reached following a vote among validator nodes.
In light of these events, the primary asset RUNE has plummeted over 30% in value within just 24 hours.
Experts have warned that this has led to a decline in market confidence, with Dragonfly Capital’s Haseeb Qureshi labeling the situation an “insolvency freeze” due to a critical liquidity crisis.
How Did Bitcoin Loans Contribute to Debt Issues?
The debt concerns largely arise from Bitcoin loans acquired at lower prices. While RUNE was minted during a period of rising Bitcoin prices, this has exacerbated the debt predicament.
A lack of sufficient liquidations has further depressed the altcoin’s value, raising alarms of a potential domino effect reminiscent of the Terra/Luna collapse.
The community is actively proposing new economic strategies to stabilize the protocol. John-Paul Thorbjornsen, THORChain’s founder, expressed optimism about recovery post-restructuring, asserting that the protocol is well-positioned to manage its debts thereafter.
THORChain stops THORFi services to address debt issues.
– RUNE value drops over 30% amid liquidity concerns.
– Community collaborates on economic proposals for stabilization.
The road ahead for THORChain may be rocky, but the commitment from its community and leadership provides a glimmer of hope for recovery and stability.
As discussions progress, the focus remains on restoring confidence and ensuring the protocol’s
#THORChain #runecoin #altcoins #BTC #CryptoNews
$RUNE is now unstoppable 🔥🚀 Let's see what's going on $RUNE
📢📢Recent Developments👇👇
🚨North Korean Transactions Debacle: RUNE has faced significant bearish pressure due to allegations of involvement in transactions linked to North Korean entities. Analysts predict a potential 70% decline in RUNE's value amid these concerns.
🚨Record-Breaking Trading Volume: Despite recent challenges, THORChain achieved a record-breaking $800 million in trading volume, leading to a 33% surge in RUNE's price over the past week.
❤️🔥Token Burn Proposal❤️🔥: Developers have proposed burning approximately $300 million worth of RUNE tokens to boost lending activity within the network. This proposal aims to enhance the token's value by reducing its supply.
📢📢Technical Analysis👇👇
👉Price Performance: Over the past week, RUNE's price has risen by 6.17%, though it has decreased by 37.97% over the past month.
📢📢Technical Indicators:👇👇
👉Relative Strength Index (RSI): The 14-day RSI is at 50.87, indicating a neutral position.
👉Moving Averages: Short-term moving averages suggest a 'Strong Sell' signal, while long-term moving averages remain neutral.
#Rune
#THORChain
#BinanceSquareFamily
#crypto
#FutureTarding
📢📢Recent Developments👇👇
🚨North Korean Transactions Debacle: RUNE has faced significant bearish pressure due to allegations of involvement in transactions linked to North Korean entities. Analysts predict a potential 70% decline in RUNE's value amid these concerns.
🚨Record-Breaking Trading Volume: Despite recent challenges, THORChain achieved a record-breaking $800 million in trading volume, leading to a 33% surge in RUNE's price over the past week.
❤️🔥Token Burn Proposal❤️🔥: Developers have proposed burning approximately $300 million worth of RUNE tokens to boost lending activity within the network. This proposal aims to enhance the token's value by reducing its supply.
📢📢Technical Analysis👇👇
👉Price Performance: Over the past week, RUNE's price has risen by 6.17%, though it has decreased by 37.97% over the past month.
📢📢Technical Indicators:👇👇
👉Relative Strength Index (RSI): The 14-day RSI is at 50.87, indicating a neutral position.
👉Moving Averages: Short-term moving averages suggest a 'Strong Sell' signal, while long-term moving averages remain neutral.
#Rune
#THORChain
#BinanceSquareFamily
#crypto
#FutureTarding
THORChain (RUNE) Market Update – February 4, 2025
THORChain ($RUNE ) has seen a strong price movement over the past 24 hours, surging by 11.67% and reaching an intraday high of $0.15797. The token is currently trading at $0.1426, with a 24-hour trading volume of $594.4 million, indicating heightened market activity.
Despite this short-term bullish momentum, $RUNE has faced a 39.80% decline over the past week, highlighting ongoing volatility in the market. The token remains 93.50% below its all-time high of $20.94, recorded on May 19, 2021.
Investors should watch key resistance and support levels, as RUNE’s recent price action suggests possible trend shifts. If buying pressure sustains, $RUNE could push higher, but traders should remain cautious given the recent downside pressure.
THORChain’s decentralized liquidity protocol continues to play a critical role in cross-chain trading, making RUNE a project to monitor in the DeFi space. As always, conduct thorough research and risk assessment before making investment decisions.
Will RUNE sustain its bullish momentum, or is this a temporary rebound? Stay tuned for more updates!
#THORChain #Rune #crypto #Binance #defi
THORChain ($RUNE ) has seen a strong price movement over the past 24 hours, surging by 11.67% and reaching an intraday high of $0.15797. The token is currently trading at $0.1426, with a 24-hour trading volume of $594.4 million, indicating heightened market activity.
Despite this short-term bullish momentum, $RUNE has faced a 39.80% decline over the past week, highlighting ongoing volatility in the market. The token remains 93.50% below its all-time high of $20.94, recorded on May 19, 2021.
Investors should watch key resistance and support levels, as RUNE’s recent price action suggests possible trend shifts. If buying pressure sustains, $RUNE could push higher, but traders should remain cautious given the recent downside pressure.
THORChain’s decentralized liquidity protocol continues to play a critical role in cross-chain trading, making RUNE a project to monitor in the DeFi space. As always, conduct thorough research and risk assessment before making investment decisions.
Will RUNE sustain its bullish momentum, or is this a temporary rebound? Stay tuned for more updates!
#THORChain #Rune #crypto #Binance #defi
Rune coin can refer to the token #THORChain $RUNE or the Rune Bitcoin token.
THORChain (RUNE) is the native utility token of the decentralized liquidity protocol THORChain.
The protocol allows users to exchange cryptocurrency assets across multiple networks, such as Bitcoin and Ethereum.
Rune Bitcoin is a fungible token derived from Bitcoin. This token is a result of the Rune protocol that allows users to issue new digital assets.
Here are some things to know about Rune coin:
1. THORChain (RUNE) allows users to exchange cryptocurrency assets without giving up full custody of their assets.
2. Rune Bitcoin simplifies the token creation process and solves the "junk #UTXOs " problem.
3. Rune Bitcoin leverages the immutability and security of the blockchain to ensure that the token is decentralized.
THORChain (RUNE) price can be monitored on sites like #coinbase ,#BITTIME , and Pluang.
Rune coins can be purchased on centralized exchanges like #Binance .
What do you think RUNE coins will be Bullish or Bearish? ? ? Share your opinions in the comments column
THORChain (RUNE) is the native utility token of the decentralized liquidity protocol THORChain.
The protocol allows users to exchange cryptocurrency assets across multiple networks, such as Bitcoin and Ethereum.
Rune Bitcoin is a fungible token derived from Bitcoin. This token is a result of the Rune protocol that allows users to issue new digital assets.
Here are some things to know about Rune coin:
1. THORChain (RUNE) allows users to exchange cryptocurrency assets without giving up full custody of their assets.
2. Rune Bitcoin simplifies the token creation process and solves the "junk #UTXOs " problem.
3. Rune Bitcoin leverages the immutability and security of the blockchain to ensure that the token is decentralized.
THORChain (RUNE) price can be monitored on sites like #coinbase ,#BITTIME , and Pluang.
Rune coins can be purchased on centralized exchanges like #Binance .
What do you think RUNE coins will be Bullish or Bearish? ? ? Share your opinions in the comments column
Can you ever get enough yield? Bond your $RUNE to my #THORChain node and start earning yield.
Message me for more details.
Message me for more details.
THORChain converts debt into equity, offering users a share in future network revenue to restore liquidity and stability.
$BTC
$ETH
$RUNE
THORChain Restructures Debt into Equity to Tackle Liquidity Crisis
THORChain, a decentralized liquidity protocol, has taken a significant step to address its liquidity issues by converting its defaulted debt into equity. On February 2, the platform's node operators approved a plan to mint 200 million 'TCY' tokens, each representing $1 of the platform's outstanding debt. These tokens will provide holders with 10% of THORChain's network revenue, paid out in RUNE, on an ongoing basis.
This move follows THORChain's January decision to halt its Bitcoin and Ether lending programs, which were necessary to avert insolvency. The platform paused its ThorFi redemptions for 90 days to allow the community to come up with a stabilization plan. The TCY token provides a way for users to claim one token per dollar owed and potentially liquidate their claims as the token's value increases with market demand.
Although the restructuring plan has received backing from the community, some have raised concerns about its complexity and long-term trustworthiness, questioning whether the revenue-sharing model could raise legal issues. With the final timeline and details still being worked out, THORChain's proposed solution aims to restore liquidity and stability, but its success will depend on future market reactions.
Stay tuned for updates as THORChain finalizes this ambitious plan.
#THORChain #CryptoNews🔒📰🚫 #defi #Launchpool #blockchain
$BTC
$ETH
$RUNE
THORChain Restructures Debt into Equity to Tackle Liquidity Crisis
THORChain, a decentralized liquidity protocol, has taken a significant step to address its liquidity issues by converting its defaulted debt into equity. On February 2, the platform's node operators approved a plan to mint 200 million 'TCY' tokens, each representing $1 of the platform's outstanding debt. These tokens will provide holders with 10% of THORChain's network revenue, paid out in RUNE, on an ongoing basis.
This move follows THORChain's January decision to halt its Bitcoin and Ether lending programs, which were necessary to avert insolvency. The platform paused its ThorFi redemptions for 90 days to allow the community to come up with a stabilization plan. The TCY token provides a way for users to claim one token per dollar owed and potentially liquidate their claims as the token's value increases with market demand.
Although the restructuring plan has received backing from the community, some have raised concerns about its complexity and long-term trustworthiness, questioning whether the revenue-sharing model could raise legal issues. With the final timeline and details still being worked out, THORChain's proposed solution aims to restore liquidity and stability, but its success will depend on future market reactions.
Stay tuned for updates as THORChain finalizes this ambitious plan.
#THORChain #CryptoNews🔒📰🚫 #defi #Launchpool #blockchain
📉 $RUNE Market Alert 📉
📊 Trend: Bearish Momentum
⚠️ Traders: High-risk environment. Short setups possible.
⚠️ Holders: Consider risk management / partial exits.
💡 Buyers: Wait for confirmation. DCA only with strong conviction.
🔐 Key: Use stop-loss. Stay disciplined.
#RUNE #THORChain #Crypto #Trading #BearishAlert
📊 Trend: Bearish Momentum
⚠️ Traders: High-risk environment. Short setups possible.
⚠️ Holders: Consider risk management / partial exits.
💡 Buyers: Wait for confirmation. DCA only with strong conviction.
🔐 Key: Use stop-loss. Stay disciplined.
#RUNE #THORChain #Crypto #Trading #BearishAlert
$RUNE
THORChain is the cross-chain DEX of the future! Swap native assets across multiple chains without wrapped tokens or centralised middlemen. Powered by CLPs & robust security, it offers transparent pricing & high efficiency—think Uniswap, but cross-chain. 🌐💰 #defi #THORChain
THORChain is the cross-chain DEX of the future! Swap native assets across multiple chains without wrapped tokens or centralised middlemen. Powered by CLPs & robust security, it offers transparent pricing & high efficiency—think Uniswap, but cross-chain. 🌐💰 #defi #THORChain
🚨 Alert for Binance and THORChain (RUNE) users!
Binance has announced a temporary suspension of deposits and withdrawals on the THORChain (RUNE) network starting from 2026-01-22 at 20:00 UTC.
Reason? A major upgrade to the network aimed at improving your experience and making transactions faster and smoother.
🔹 What does this mean for you?
Trading on the network will continue as normal ✅
Deposits and withdrawals will not be available temporarily ⏸️
Once the network stabilizes after the upgrade, services will resume 🔓
No need to worry, Binance will handle all technical aspects ✨
📌 Upgrade details:
The upgrade will occur at block height 24,635,898
Expected to reach around 2026-01-22 at 21:00 UTC
This is a great opportunity to see the RUNE network evolve for the better! 🌟
Share the news with your friends and ask them to prepare for the temporary suspension of deposits and withdrawals. Don’t forget to leave your opinion in the comments! 💬
$RUNE
#Binance #THORChain #RUNE #CryptoNews #BlockchainUpgrade
Binance has announced a temporary suspension of deposits and withdrawals on the THORChain (RUNE) network starting from 2026-01-22 at 20:00 UTC.
Reason? A major upgrade to the network aimed at improving your experience and making transactions faster and smoother.
🔹 What does this mean for you?
Trading on the network will continue as normal ✅
Deposits and withdrawals will not be available temporarily ⏸️
Once the network stabilizes after the upgrade, services will resume 🔓
No need to worry, Binance will handle all technical aspects ✨
📌 Upgrade details:
The upgrade will occur at block height 24,635,898
Expected to reach around 2026-01-22 at 21:00 UTC
This is a great opportunity to see the RUNE network evolve for the better! 🌟
Share the news with your friends and ask them to prepare for the temporary suspension of deposits and withdrawals. Don’t forget to leave your opinion in the comments! 💬
$RUNE
#Binance #THORChain #RUNE #CryptoNews #BlockchainUpgrade
THORChain (RUNE) Price Update
RUNE is down by -13.35% in the last 24 hours, now at $1.88.
The market is currently bearish, but there's still some greed in the market (Fear & Greed Index: 68).
The price might keep going down in the short term.
If it hits support at $0.78, we could see it bounce back.
🔹️ Short-term: Down
🔹️ Possible recovery if support holds
Stay updated!
$RUNE
#THORChain #runecoin #Rune #RUNEUSDT
RUNE is down by -13.35% in the last 24 hours, now at $1.88.
The market is currently bearish, but there's still some greed in the market (Fear & Greed Index: 68).
The price might keep going down in the short term.
If it hits support at $0.78, we could see it bounce back.
🔹️ Short-term: Down
🔹️ Possible recovery if support holds
Stay updated!
$RUNE
#THORChain #runecoin #Rune #RUNEUSDT
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