Osero Secures $13.5 Million for Stablecoin Yield Platform
- Significant Funding: Osero successfully raised $13.5 million in its latest funding round, led by Sky Ecosystem with Plasma as co-lead, attracting multiple angel investors, indicating strong market interest in stablecoin yield infrastructure.
- Market Potential: According to DeFiLlama, the total size of the stablecoin market has surpassed $300 billion, yet most yields are captured by issuers like Circle and Tether; Osero's solutions aim to bridge the gap for end users, highlighting its strategic importance in the market.
- Easy Product Integration: The Osero Earn product can be integrated seamlessly with as little as 10 lines of code, channeling investments into the Sky Savings Rate while Osero manages backend operations, including asset management and risk assessment, significantly lowering the technical barrier for adoption.
- Future Development Plans: Osero Foundry is set to offer an allocation capacity of up to $2.5 billion to support the growth of stablecoin yields, with each new fund deployment undergoing a risk evaluation process inspired by Basel III standards, further enhancing its competitive edge in the market.
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Technical Analysis for SKY
Technical Sentiment Analysis for Sky (SKY). As of , Sky (SKY) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SKY stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SKY is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sky (SKY) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0575 | 0.0644 | 0.071 | 0.0779 | 0.0845 | 0.0914 | 0.098 |
| Fibonacci | 0.0644 | 0.0696 | 0.0728 | 0.0779 | 0.0831 | 0.0862 | 0.0914 |
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