💡an interesting detail: if large banks start operating directly on blockchain, oracles like Pyth could become basic infrastructure of the global financial market.
The Pyth Network could "take space" in the market dominated by companies like Bloomberg L.P. if some structural changes occur in the financial and technological market. The logic is to replace centralized financial data with on-chain data (on the blockchain).
Here are the main paths: ⸻ 1️⃣ Direct financial data on the blockchain
Pyth provides real-time asset prices directly on the blockchain (stocks, currencies, commodities, crypto). Today: • banks and funds use the Bloomberg Terminal • data is kept in closed systems
With Pyth: • the data is open and programmable on the blockchain 🔗
This allows any financial application to use the data without paying huge licenses. ⸻ 2️⃣ Much lower cost The Bloomberg terminal costs about US$ 20k–25k per user per year 💰.
Protocols like Pyth allow: • programmatic access to the data • much lower cost • automatic integration in apps
This can attract fintechs, DeFi, and even banks. ⸻ 3️⃣ Integration with decentralized finance
Pyth was created to feed the DeFi market.
It already provides data for protocols on blockchains like: • Solana • Ethereum If the DeFi market grows significantly, the demand for decentralized price oracles increases. ⸻ 4️⃣ Data provided by major players Unlike many crypto projects, Pyth receives data directly from financial institutions and traders.
Among the participants are companies like: • Jane Street • Jump Trading
This gives institutional credibility. ⸻ 5️⃣ Tokenization of the financial market
If stocks, commodities, and bonds are widely tokenized on the blockchain, systems like Pyth would be essential.
In this scenario, the flow of financial data could migrate from traditional infrastructure to blockchain. ⸻ ✅ But it's important: Pyth does not need to "overthrow" Bloomberg to grow.
The most likely scenario would be: • Bloomberg dominating traditional finance (TradFi) • Pyth dominating on-chain finance (DeFi) ⸻
#pyth The Pyth Network is a decentralized financial oracle that provides real-time on-chain market data securely and transparently, without third-party intermediaries (nodes).
This is what I have been posting for a few days! The profile of the people who frequent Binance, investing their money (and losing a lot), does not match investors, but players.
Anh_ba_Cong - COLE
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Bullish
When too many people rely on this indicator to make buy/sell decisions, the market will behave completely differently. This is an indicator to provide information, not to make money. $BTC $BNB {future}(BNBUSDT) {future}(BTCUSDT)
What made cryptocurrencies a volatile investment due to worldly information is the profile of the investors that exist today. Many people who know nothing are just in Buy & sell without fundamentals.
This was the case about 5 years ago. The pandemic was crashing the market and Bitcoin was soaring.
In the end, at some point, the small investors will end up ruining everything 🫤
🛰️ THE OPERATING SYSTEM OF THE FUTURE IS CALLED $PYTH ! 🌐 . Do you know that technology you use every day and don’t even notice, but without it the world would stop? Well, PYTH is becoming exactly that for the crypto universe. 🤫
While most people chase after "meme coins" that crash the next day, forward-thinking investors are looking at where the infrastructure is being built. 🏗️
💎 WHY IS CALMNESS YOUR BEST FRIEND?
The market is like a rubber band: the more it is pulled back in silence, the stronger the shot when it is released. And PYTH is accumulating energy that few are noticing! ⚡
Essentiality: It’s not an option, it’s a necessity for the ecosystem.
Eagle Vision: Real opportunity makes no noise; it is built from the ground up.
The 1% Club: Those who understand the value of PYTH today won't need luck tomorrow. 🧠
The future does not wait for the indecisive. The question is: Would you rather be the one telling the story or the one living the glory? 🏆
🔥 CONVICTION POLL: If the market rose 500% tomorrow, what would be your biggest regret?
😱 "Not buying more!" 😤 "Selling too early!" 😎 "None, I’m already positioned and calm!"
Respond with the number below and let’s see who here has the cool blood of a professional investor! 👇
#pyth The Pyth Network is a decentralized oracle network that provides real-time financial market data to blockchain applications. It aggregates price information from institutional sources, such as trading firms and exchanges, and delivers it on-chain to support smart contracts and DeFi applications
And the worst part: this individual is supported with public money. Money from the Brazilian taxpayer. A nation that does not know its history is condemned to repeat it.
#PYTH Why can $PYTH become the Bloomberg Terminal of Web3
Bloomberg revolutionized finance by centralizing critical data for Wall Street, but Web3 demands something radically different: decentralized, verifiable, and cross-chain. The #PythRoadmap positions @Pyth Network and $PYTH as the "Bloomberg Terminal" of the blockchain—providing developers and institutions a single trusted source for real-time market intelligence across multiple ecosystems. If Bloomberg was the backbone of the analog financial era, Pyth is poised to become the essential data layer of the decentralized digital economy, reshaping how markets consume, value, and trust information.👆
$PYTH Important Information ‼️🚨 Pyth. X Bloomberg The Pyth Network (PYTH) does not "cover" Bloomberg, but rather is a challenger in the financial data market, with the ambition of becoming the decentralized and blockchain-based equivalent of the "Bloomberg Terminal" for the Web3 world. While Bloomberg dominates the traditional financial data market with its closed and expensive model, the Pyth Network seeks to surpass it through transparency, speed, and a "first-party data" model. Differences and Strategy of Pyth Data Model: Bloomberg collects data from various sources and distributes it through proprietary terminals. Pyth, on the other hand, obtains price data directly from over 120 major exchanges, market makers, and trading firms (including Jane Street and Virtu Financial) and publishes it on the blockchain in milliseconds. Accessibility and Cost: Bloomberg's services are known to be expensive and difficult to access for smaller institutions. Pyth's data is significantly cheaper (about 75% less than alternatives like NASDAQ) and accessible to anyone through multiple blockchains. Initial Focus: Pyth already dominates the decentralized finance (DeFi) market, being used by over 600 applications across more than 100 blockchains and having processed over US$ 1,6 trillion in transaction volume. Expansion into TradFi: With the launch of "Pyth Pro", the network is entering the traditional financial sector (TradFi) with transparent subscription services, directly challenging the US$ 50 billion market dominated by companies like Bloomberg and Refinitiv. In summary, the Pyth Network does not replace Bloomberg today, but is positioning itself as a disruptive technological alternative aimed at capturing a significant share of the global financial data market, using blockchain technology to offer a faster, more transparent, and accessible service.
The Pyth Network (PYTH) does not "cover" Bloomberg, but is a challenger in the financial data market, with the ambition of becoming the decentralized and blockchain-based equivalent of the "Bloomberg Terminal" for the Web3 world. While Bloomberg dominates the traditional financial data market with its closed and expensive model, the Pyth Network seeks to surpass it through transparency, speed, and a "first-party data" model. Differences and Strategy of Pyth Data Model: Bloomberg collects data from various sources and distributes it through proprietary terminals. Pyth, on the other hand, obtains price data directly from over 120 major exchanges, market makers, and trading firms (including Jane Street and Virtu Financial) and publishes it on the blockchain in milliseconds. Accessibility and Cost: Bloomberg's services are known to be expensive and difficult to access for smaller institutions. Pyth's data is significantly cheaper (about 75% less than alternatives like NASDAQ) and accessible to anyone through multiple blockchains. Initial Focus: Pyth already dominates the decentralized finance (DeFi) market, being used by over 600 applications on more than 100 blockchains and having processed over $1.6 trillion in transaction volume. Expansion into TradFi: With the launch of "Pyth Pro", the network is entering the traditional financial sector (TradFi) with transparent subscription services, directly challenging the $50 billion market dominated by companies like Bloomberg and Refinitiv. In summary, the Pyth Network does not replace Bloomberg today, but is positioning itself as a disruptive technological alternative aiming to capture a significant portion of the global financial data market, using blockchain technology to provide a faster, more transparent, and accessible service.