Oracles are third-party services that fetch data from outside sources to within a certain blockchain. Oracles are extensively used by decentralized finance (DeFi) protocols to ensure their lending, borrowing and other services are accurate. Delays, however, could mean the loss of funds as malicious traders take advantage of price differences.
Bitcoin (BTC) Price Is In a ‘Bore to Death’ Phase. When Will the BTC Rally Resume?
The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range...