WhaleStats reports that Rocket Pool’s RPL is now among the top 10 most purchased tokens. It falls into this category based on the activities of the 500 biggest ETH whales in the past 24 hours. Also on the list are Uniswap’s UNI, and the SNX of the Synthetic Network Token. RPL has been on a The post ETH Whales Focus on RPL as Token’s Value Skyrockets appeared first on Coin Edition .

Coin Edition

ETH Whales Focus on RPL as Token’s Value Skyrockets

The cryptocurrency market has risen by 1.5% in the past 24 hours, recovering some of the losses from its slight selloff yesterday. At $1.01 trillion, its total cap has risen by 7% in a week and by 20% in a month, with positive US inflation figures published last week causing a mini-recovery.... Read More: Best Crypto to Buy Today 20th January – NEXO, MEMAG, HBAR, FGHT, ENJ, CCHG, APE, RIA, SNX, TARO, D2T

cryptonews

Best Crypto to Buy Today 20th January – NEXO, MEMAG, HBAR, FGHT, ENJ, CCHG, APE, RIA, SNX, TARO, D2T

Synthetix price up 13% to complement steady growth in TVL

U.Today

Synthetix (SNX) Up 13% to Lead DeFi Push, What is Driving the Growth?

Synthetix Price Prediction 2023-2031 Synthetix Price Prediction 2023 – up to $3.69 Synthetix Price Prediction 2026 – up to $10.71 Synthetix Price Prediction 2029 – up to $31.66 Synthetix Price Prediction 2032- up to $97.33 Cryptocurrency adoption is on exponential growth, especially altcoins and, more so, those associated with decentralized finance (DeFi). One of the … Synthetix Price Prediction 2023-2032: Is SNX a Good Investment? Read More »

Cryptopolitan

Synthetix Price Prediction 2023-2032: Is SNX a Good Investment?

Optimism’s TVL lagged behind Arbitrum despite upgrades to protocol. Synthetix adoption drove transaction growth on Optimism, but daily active address suggested a decline in overall activity. Despite Optimism [OP] having the first mover advantage in the Layer 2 solutions space, newer solutions such as Arbitrum have outperformed the former in terms of Total Value Locked

AMB Crypto

Will Optimism’s [OP] upgrades be enough to sustain the L2 race? Analyzing…

In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fund and dumped its held tokens, including Avalanche Network token AVAX. AVAX has slipped by 2% following the sell-off in the past 24 hours. According to Grayscale, the sold-off AVAX tokens were replaced with the purchase of the existing fund components in proportion to their respective weightings. Grayscale Purchased And Existing Tokens The AVAX sell-off was only part of the CoinDesk Large Cap Select Index and Grayscale Digital Large Cap Fund. In its CoinDesk Smart Contract Platform Select Ex ETH Index and Grayscale Smart Contract Platform Ex-Ethereum Fund portfolio rebalancing, the company sold off Algorand native token ALGO. In its CoinDesk DeFi Select Index methodology, Grayscale adjusted its DeFi Fund’s portfolio and purchased Synthetix (SNX) after selling some existing assets. Related Reading: Grayscale Says It May Return 20% Of Investor Capital, Bitcoin Refuses To Budge As of now, the Grayscale portfolio fund now includes 65% Bitcoin (BTC), 30% Ethereum (ETH), 1.86% Cardano (ADA), 1.39% Polygon (MATIC), and 1% Solana (SOL). Meanwhile, its DeFi Fund’s Fund Components include 65.05% Uniswap (UNI), 12.39% Aave (AAVE), 8.15% MakerDAO (MKR), 6.02% Synthetix (SNX), 4.58% Curve DAO Token (CRV), and 3.81% Compound (COMP). Since July, Grayscale has been carefully monitoring the CoinDesk Large Cap Select Index. The index launched in April tracks the market capitalization-loaded performance of “the largest and most liquid digital assets.” During Grayscale usage of the Index, the quarterly scheduled rebalancing resulted in the dumping of Bitcoin Cash (BCH), Litecoin (LTC), Chainlink (LINK), Polkadot (DOT), and more Uniswap (UNI) purchases. AVAX Slips After Grayscale Dumped Before the sell-off, AVAX was still sitting at a $12 zone; however, after Grayscale dumped its holdings, the AVAX token dropped by 2% and traded at $11.39 Friday morning. AVAX has appreciated over the past months. It has surged from around $9 to $13. Notably, Grayscale fund’s portfolio, which currently has $163 million in assets under management (AUM), only held a small portion of AVAX tokens. As of September 30, AVAX made up less than 1% of the company’s fund’s assets, according to its previous quarterly report. Related Reading: Avalanche: Will 2023 Bring A Fruitful Recovery For The AVAX Ecosystem? There was no significant move from ALGO, which was also removed from the Grayscale portfolio fund. It fell from a range of $0.17 to $0.15. As of the time of writing, ALGO currently trades at $11.73 with a 24-hour trading volume of $45 million. On the other hand, AVAX seems to be gaining momentum to the upside at the time of writing as it has already formed a retracement; a reversal is likely to happen. AVAX currently trades at $11.73, down by 0.8% in the last 24 hours, with a trading volume of $125 million over the same period.

NewsBTC

AVAX Value Drops By 2% Following Grayscale Removal of Avalanche From Large Cap Fund

SNX drops to a key support level and ETH whales are accumulating. Why a sharp bounceback might not be on the cards. Synthetix’s native token SNX has been tumbling for many moons as has been the case for most cryptocurrencies. Multiple signs indicate that a potential bullish takeover might be on the way and here’s

SNX finds favor with ETH whales but is it enough to turn things around?

CME Group and CF Benchmark launched reference rates and real-time indices for Aave, Synthetix, and Curve.

TheBlock

CME Group, CF Benchmarks launch new DeFi reference rates for Aave, Curve and Synthetix

We can expect SNX to achieve more recovery if the overall market conditions improve. SNX dropped in November to retest its June lows. Synthetix has slowed down in 2022 in its DeFi pursuits, just like many crypto networks have during the bear market. Regardless, the network remains committed to its long-term pursuits and this was

Synthetix releases V3 governance module update but is this enough to boost SNX

The cryptocurrency market has been mostly stagnant today, while Bitcoin is fluctuating around the $17,000 mark yet again and traders are unsure of Bitcoin's or the wider market's next move. Meanwhile, in a positive step for cryptocurrencies breaking further into the mainstream, Goldman Sachs is reportedly looking to buy cryptocurrency businesses, as stated by Reuters. This signifies the bank's acknowledgement that cryptocurrencies are integral to future financial systems.... Read More: Best Cryptos to Buy 6 December – D2T, SNX, IMPT, CRO, TARO

Best Cryptos to Buy 6 December – D2T, SNX, IMPT, CRO, TARO

Price rally of protocol's token most likely caused by general recovery of market

What's Synthetix (SNX) and Why Does It Rallies Today?

Crypto Prices Today: It is certainly an exciting Monday for investors in the crypto market as the crypto prices today is positive. The majority of the coins have seen a jump and are trading in green. A tumultuous year it was, for the cryptoverse following the crash of the Terra sisters and FTX. The entire The post Crypto Prices Today: Major Coins Are Trading In Green; Litecoin, Solana, Shiba Inu, Synthetix, Ethereum Up appeared first on CoinGape .

CoinGape

Crypto Prices Today: Major Coins Are Trading In Green; Litecoin, Solana, Shiba Inu, Synthetix, Ethereum Up

Benchmarks focused on Aave, Curve and Synthetix to offer institutions and others transparency and price discovery

Blockworks

CME Plots More DeFi Products Despite Broader Crypto Carnage

The SNX technical analysis shows bearish reversal momentum as RSI struggles to stay above the mark of 50, with prices jumping below 200-day EMA. Synthetix (SNX) has declined by 6.66% during the last 24 hours, dragging the market cap to $532.59 million, with a drop of 5.40%. The SNX prices pulled down from $1.78 to break below the mark of $1.70. At the current trading price of $1.66 as of writing the token is taking support at $1.65. The sharp dive below the 200-day EMA underlines the strong bearishness in the market driven by the dominance of sellers. Forming a The post SNX Technical Analysis: Selling Pressure Drives Synthetix Below $1.70 appeared first on Cryptoknowmics-Crypto News and Media Platform .

Cryptoknowmics

SNX Technical Analysis: Selling Pressure Drives Synthetix Below $1.70

The Graph Price Prediction 2022-2031 The Graph Price Prediction 2022 – up to $0.091 The Graph Price Prediction 2025 – up to $0.31 The Graph Price Prediction 2028 – up to $0.90 The Graph Price Prediction 2031 – up to $2.68 Have you ever heard of Uniswap, Aave, Compound, Balancer, USDC, Synthetix, Sushiswap, MakerDAO, Yearn, … The Graph Price Prediction 2022-2031: Is GRT a Good Investment? Read More »

The Graph Price Prediction 2022-2031: Is GRT a Good Investment?

The negative trend in the global crypto market has continued as there has been no improvement. The recent hours didn&apos;t prove any good for Bitcoin, Binance Coin, and others. The negative trend seems to be lasting for a while as the market might retest its strength. The previous few days have proved much good for … Bitcoin, Binance Coin, Synthetix, and eCash Daily Price Analyses - 2 November Morning Prediction￼ Read More »

Bitcoin, Binance Coin, Synthetix, and eCash Daily Price Analyses – 2 November Morning Prediction￼

Bullish SNX price prediction is $3.456 to $7.261. Synthetix Network (SNX) price might also reach $10 soon. SNX bearish market

The News Crypto

Synthetix Network (SNX) Price Prediction 2022 – Will SNX Hit $10 Soon?

The global crypto market has continued to be bullish after the recent boost. The ongoing changes for Bitcoin, Ethereum, and others show that the bullishness is likely to continue. As the positive changes have strengthened various coins in the market, an influx of capital is seen. As the metrics show a positive trend, investors&apos; hopes … Bitcoin, Ethereum, Synthetix, and eCash Daily Price Analyses - 26 October Roundup Read More »

Bitcoin, Ethereum, Synthetix, and eCash Daily Price Analyses – 26 October Roundup

Synthetix [SNX] managed to pull off a solid uptick by more than 10% as of 17 October. This performance meant that it had outperformed many of the top cryptocurrencies during the same period. But can SNX maintain the trend? Here&apos;s AMBCrypto&apos;s price prediction for Synthetix [SNX] 2022-2023 SNX&apos;s performance may not just be a fluke ...

The latest SNX hype may have a stablecoin connection waiting to be explored

DeFi guru Warwick had some sharp words for the state of DeFi governance—and voting tools like Snapshot—at this year&apos;s SmartCon conference.

Decrypt

Why Synthetix's Kain Warwick Thinks DeFi Governance Has Gotten Worse

Former DeFi protocol Synthetix developer Liam Zebedee has developed a method to enable cryptocurrency users to access Tornado Cash blockchain protocols, which have been deemed entirely inaccessible.

Coinnounce

Unlawful apps are now accessible thanks to a crypto developer

Synthetix founder Kain Warwick spoke with Decrypt's Dan Roberts all about DeFi governance and its challenges, his problems with voting platforms like Snapshot, DAO fatigue, regulation and the SEC, and stablecoins onstage at Chainlink SmartCon 2022.

The DeFi Governance Conundrum: Synthetix Founder Kain Warwick at SmartCon 2022

Synthetix founder Kain Warwick joins Decrypt&apos;s Dan Roberts and Liam Kelly in our Decrypting Mainnet series at Mainnet 2022 to give his views on regulation and the SEC, how DeFi projects will split between compliant and non-compliant and that it&apos;s &apos;ideologically confusing&apos; but &apos;not necessarily a bad thing.&apos;

Synthetix Founder Kain Warwick: Regulation Will Fork DeFi Projects Into Two Camps

There are many coins and tokens that have performed well in the last 24 hours, and it seems that DeFI tokens in particular have been showing some strength, with a large degree of growth being conferred to a mixture of governance tokens such as UNI and CRV. Earlier this month, token holders of UNI decided that they would vote to improve upon the ecosystem by creating the Uniswap Foundation. ...Read More: Biggest Crypto Gainers Today 29 September - HNT, SNX, EOS, KSM, CAKE, CRV, LRC, ERN, UNI, SOL

Biggest Crypto Gainers Today 29 September – HNT, SNX, EOS, KSM, CAKE, CRV, LRC, ERN, UNI, SOL

The SNX Technical Analysis shows the declining trend reaching the $2.2 support zone under a resistance trendline&apos;s influence. The SNX price action displays a bullish reversal from the $2.2 mark coinciding with the 78.60% Fibonacci level. In addition, the recovery rally challenges the long-coming resistance trendline teasing a bullish breakout as the buying pressure increases. So, is it the right time to buy Synthetix at this price? Key Points: The Synthetix price action teases a breakout entry opportunity. The SNX price action shows a double-bottom reversal possibility. The intraday trading volume in Synthetix is $94.31 million. Source - TradingView SNX Technical Analysis The SNX price action displays the declining trend under the influence of a resistance trendline accounting for a price drop of 42% within two months. After breaking multiple support levels, currently, the price takes support at the $2.20 demand zone coinciding with the 78.60% Fibonacci level. At the support confluence, the SNX price action displays a double bottom pattern at $2.20, ready to bounce the prices back above the resistance trendline. Hence, the sideline traders can find a bullish Breakout entry opportunity shortly. Additionally, the spike in buying pressure supporting the recently formed bullish engulfing candle reflects an improvement in the underlying sentiments. Upon successful trendline breakout, the SNX price action will show an uptrend to the...

SNX Technical Analysis: Can SNX Holders Remain Dominant At $2?

The post Uniglo.io (GLO) ICO Is Selling Faster And Faster, Bullish ROI To The Likes Of Synthetix (SNX) And PancakeSwap (CAKE) Expected appeared first on Coinpedia Fintech NewsInvestors not utilizing on-chain data are operating in information asymmetry and losing a competitive advantage needed to succeed in crypto markets. Watching the flow of funds allows an investor to see where capital is being allocated and, therefore, where the gains will be made. Uniglo&apos;s ICO (Initial Coin Offering) devours capital from multiple chains as …

coinpedia

Uniglo.io (GLO) ICO Is Selling Faster And Faster, Bullish ROI To The Likes Of Synthetix (SNX) And PancakeSwap (CAKE) Expected

In the race to find the next big thing in cryptocurrency, many people look to social currency as a way to invest.Continue reading Uniglo (GLO) Might Generate Income Significantly Better Than Synthetix (SNX) And Neo (NEO) at DailyCoin.com.

Daily Coin

Uniglo (GLO) Might Generate Income Significantly Better Than Synthetix (SNX) And Neo (NEO)

The SNX Technical Analysis shows a potential bullish reversal as buyers sustain dominance over the $2.2 crucial support level. The SNX price displays a long-term downtrend after facing rejection from the 200-day EMA to reach the crucial support level of $2.2. However, the recent bullish candle forming at the $2.20 support level projects the possibility of a short-term bullish reversal. So, should you consider buying Synthetix? Key Points: The Synthetix prices show a bull cycle heating up at the support trendline. The double bottom can result in a bullish breakout. The intraday trading volume in Synthetix is $64.4 million. Source - TradingView SNX Technical Analysis The SNX price displays the start of a long-term downtrend after facing opposition from the 200-day EMA. After reversing from $4.5, the declining market value takes support at $2.20, accounting for a 46% downfall. Currently, the price trend sustains above the $2.20 mark avoiding a drop to the 78.6% Fibonacci level slightly above $2. Additionally, the 3.96% intraday jump resulted in a bullish candle with the potential to reach the overhead resistance of $2.68. However, the lack of bullish support in the intraday trading volume questions the possibility of the trend sustaining above $2.20. Therefore, traders hoping to ride the reversal rally must wait for the candle closing to avoid any higher price rejection trap. If the buying pressure persists, the fresh bull cycle ...

SNX Technical Analysis: Will Buyers Remain Dominant Over This Level?

Vitalik Buterin, Yuga Labs, Synthetix, and others celebrated the Merges successful launch earlier this morning. Community Celebrates Merge Event The Ethereum Merge has finally shippedand the crypto community has a...

Crypto Briefing

Crypto Community Reacts to “Historic” Ethereum Merge Event

Cryptocurrencies have been known for their volatility and lack of regulation, which has led many to view them with suspicion. However, some projects are trying to change this perception by getting audited by well-respected firms. One such project is Uniglo (GLO), which has recently announced that it has undergone an audit by Paladin. This is …

CryptoNewsZ

Uniglo (GLO) Ensures Investors Trust With Paladin Audit. Interest Of Synthetix (SNX) And Solana (SOL) Holders Increasing

Synthetix is at the cusp of a breakout after the release of new announcements on the network. The network is rolling out a proposal to cap SNX&apos;s maximum supply at a &apos;very memorable&apos; 300 million. Interestingly, this comes after two failed attempts to increase the percentage of staked SNX according to the analytic platform Messari. ...

Where will Synthetix [SNX] end up after the latest SIP-276 proposal

Last week, 1inch outperformed several cryptos with its higher market capitalization, gaining by over 4% in 7 days. The altcoin&apos;s price movement was not unexpected, however, as several developments in its ecosystem accelerated its incline. In fact, according to Messari, 1inch accounted for more than 60% of Synthetix&apos;s trade volume prior to full integration. Kwenta ...

Will 1inch’s price finally follow its network activity north

Synthetic crypto assets are financial instruments in ERC-20 smart contracts known as &apos;Synths,&apos; that are comparable to derivatives.Continue reading What Are Synthetic Crypto Assets and Why Should You Invest in Them? at DailyCoin.com.

What Are Synthetic Crypto Assets and Why Should You Invest in Them?

The layer-2 scaling solution Synthetix undertook some important developments this month. Often described as a &apos;blue chip&apos; DeFi project, Synthetix was one of the first projects to launch on the Ethereum network. And, now the platform showed its true colors given the received response from users. Credit goes to this factor According to Kain Warwick, ...

Synthetix’s trading volume surges by >700% thanks to…

SNX price action shows a descending triangle pattern in the daily chart, with the base at $2.68, teasing a downtrend to the $2.20 mark. A bullish reversal in SNX prices from $2.68 struggles to rise above the resistance trendline leading to a descending triangle pattern in the daily chart. Currently, the prices revert from the resistance trendline teasing a potential fall to the $2.68 base. So, will the prices continue to fall with a bearish breakdown of the triangle pattern? Key Points: The SNX price action displays a triangle pattern forming in the daily chart. The daily RSI slope maintains a sideways trend below the halfway line. With a market cap of $677 Billion, the intraday trading volume of Synthetix has increased by 27% to reach $124 Million. Source- TradingView SNX Technical Analysis The SNX prices fell sharply to the $2.68 mark from the supply zone at $4.20, accounting for a 37% drop within a fortnight. However, the price action creates a descending triangle pattern with a lower high formation trend generating a resistance trendline. The bearish crossover of the 20 and 50-day SMA increases the possibility of a downtrend continuation. The bearish breakdown of the triangle pattern will result in a prolonged downtrend to the next support level of $2.20. Conversely, a bullish reversal giving a bullish breakout will retest the 50-day SMA at $3.25. Technical Indicators The RSI slope maintains a sideways trend within the nea...

SNX Technical Analysis: Prices Within Triangle Threaten A Downfall Below $2.66

Analysts from Messari solved puzzle of dramatic imbalance between Synthetix (SNX) activity metric and price of its token

Synthetix (SNX) Price Doesn't Follow Revenue Boom, Here's Why

The Synthetix price analysis is bullish today. The price is gearing up to mint more gains amid the recent bullish market structure. However, additional buying interest is required to break through the ongoing consolidation. If the price could breach the $3.20 hurdle, it would be a discount buying opportunity for the sidelined investors. As of The post Synthetix Looks For 14% Gains Following This Bullish Formation appeared first on CoinGape.

Synthetix Looks For 14% Gains Following This Bullish Formation

Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today&apos;s crypto news. __________...Read More: Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News

Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News

If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders.

CoinTelegraph

Synthetix looks to turn off the SNX money printer once and for all

The post Synthetix (SNX) Price Prediction 2022, 2023, 2024, 2025: Will SNX Surge 2X? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto industry has been mushrooming with a plethora of digital assets which have been striving to establish one’s reign. Successively, the projects catering to the finance sectors have been under the acute consideration of marketers. With the rise of Defi, a myriad of crypto assets are anticipated to thrive. Synthetix is one such cryptocurrency …

Synthetix (SNX) Price Prediction 2022, 2023, 2024, 2025: Will SNX Surge 2X?

The SNX prices reverse from $2.68 with a morning star pattern, resulting in a 13% jump this weekend. So, should you consider joining the reversal hype? Key Technical Points: The Synthetix market price action shows a bullish reversal from the $2.68 horizontal level to form a morning star pattern. The 50 and 100-day EMA fail to give a bullish crossover due to the correction phase. With a market cap of $342 million, the intraday trading volume of Synthetix has increased by 34% to reach $77.26 million. Past Performance of SNX The Synthetix (SNX) price experienced an increase in bearish influence last week near the $4.15 support zone and the 200-day EMA. The bullish reversal due to the failure to sustain above the $4.0 mark results in a 35% drop to reach the $2.68 support level. However, the buyer reclaims the trend momentum this Sunday to form a morning star pattern with a 13% price jump. Source - Tradingview SNX Technical Analysis The SNX price action projects an increase in bearish influence over the daily candle, evident by the 4.93% price drop. Hence the sellers are undermining the morning star pattern increasing the likelihood of a price drop to the psychological mark of $2.0. With the recent crash in the Synthetix token price, the 50 and 100-day EMA fail to give a bullish crossover. Hence, the crucial EMAs reclaim the bearish alignment increasing the possibility of a downtrend continuation. After the phenomenal drop in under...

SNX Technical Analysis: Will This Weekend Reversal Sustain Above $3?

Top 5 cryptocurrencies by an increase in price are EOS, SNX, LDO, AAVE, and NEXO. EOS increased around 17% in

Top 5 Cryptocurrency Gainers of the Day

The SNX price action shows a high momentum bear cycle within a wedge teasing a bearish breakout to test the crucial sport at $3. Key Technical Points: The Synthetix price action forms a double top within the rising wedge pattern. The 50 and 100-day SMA crossover gains a bullish spread. With a market cap of $422 million, the intraday trading volume of SNX has increased by 16% to reach $64.20 million. Past Performance of SNX The SNX price action shows a bearish reversal from the $4.38 to the $3.5 support level within a rising wedge, indicating the completion of the bear cycle. The downtrend wiggles up and down the 200-day SMA while forming the double top pattern with a neckline at the $3.5 mark. However, the support trendline of the rising wedge pattern cushions the downfall leading to lower price rejection candles. Source - Tradingview SNX Technical Analysis The SNX price retests the broken 200-day SMA, leading to the higher price rejection in the daily candle. Hence, the increasing downtrend momentum teases a downfall below the support trendline and a drop below the $3.5 mark. The recent bullish crossover of the 50 and 100-day SMA gains a bullish spread despite the bear cycle within the wedge. The daily RSI slope drops to the halfway line, crossing below the 14-day SMA, reflecting a rise in the underlying bearishness. Moreover, the MACD indicator shows the increased selling pressure undermining the bull cycle with a bearish cr...

SNX Technical Analysis: Bears Hijack Wedge, Threaten 10% Drop

CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use.

What is CeDeFi, and why does it matter?

A common FOMO mistake is to pick a token that&apos;s pumping and hope it continues to pump. That would be a financial disaster! Getting familiar with a coin like Synthetix (SNX) before making an investment should be your best move as a serious investor. So, the question of how to stake SNX should come after … How to Stake SNX: Unlimited Liquidity on the Synthetix Network Read More »

How to Stake SNX: Unlimited Liquidity on the Synthetix Network

On Monday (August 8), a very popular crypto analyst and influencer gave his reasons for recently buying &apos;a bag&apos; of $SNX, the native collateral asset of derivative liquidity protocol Synthetix. Here is how Binance Academy describes Synthetix: &apos;Synthetix is a synthetic asset protocol that allows for the issuance of synthetic assets on Ethereum. You could ...

CryptoGlobe

Crypto Analyst Gives Six Reasons for Buying Synthetix ($SNX)

The post Analyst Maps Next Levels For Bitcoin (BTC), Solana (SOL) , Optimism(OP) &amp; Synthetix (SNX) appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideThe broader crypto market is performing much better than it was in the last few months. Yet, a closely followed crypto strategist and analyst have a bearish approach towards the whole crypto market. The analyst who is anonymously known as Altcoin Sherpa informs his 180,700 Twitter fanbase that for Bitcoin $22,000 price range is a …

Analyst Maps Next Levels For Bitcoin (BTC), Solana (SOL) , Optimism(OP) & Synthetix (SNX)

The pseudonymous crypto analyst Altcoin Sherpa remains largely bearish about the market despite the general price uptick last week. The trader tells his 180,700 Twitter followers that $22,000 is a &apos;must hold&apos; level for Bitcoin (BTC). &apos;The last high, although technically higher, is not convincing, and I think there&apos;s a real chance that this low ...The post Here&apos;s What&apos;s Next for Bitcoin (BTC), Solana (SOL) and Three Under-the-Radar Altcoins: Top Crypto Trader appeared first on The Daily Hodl.

The Daily Hodl

Here’s What’s Next for Bitcoin (BTC), Solana (SOL) and Three Under-the-Radar Altcoins: Top Crypto Trader

THORChain [RUNE], Lido Finance [LDO], and Synthetix [SNX] were the top performers on 3 August as the DeFi ecosystem steered the crypto market back to greens. While others also recovered, the revival of these DeFi tokens was superior. On 3 August, RUNE was 11.51% up. LDO posted 13.46% gains while SNX registered an unprecedented 13.14% ...

The DeFi saga of RUNE, LDO, SNX leave investors in awe

Altcoins are seeing a decent uptrend recently. The market expects FED to take a slow and soft approach in its future policy decisions. The downfall in commodity prices might be an indication of inflation coming down. So, if you have been thinking of investing in Altcoins after a recent relief bounce, here is a list of the top 5 Altcoins of the week. 1. Filecoin (FIL) Anyone can save and retrieve data online, thanks to the peer-to-peer Filecoin network. Files are consistently and constantly saved and retrieved for however long a user requests, thanks to built-in economic incentives. The amount of storage space available and how much it costs to store and retrieve files are not under the authority of a single business or organization. Instead, anyone with internet access can participate in open marketplaces for storing and retrieving files, courtesy of the Filecoin storage network. It carries out these transactions using its native coin (FIL). Similar to bitcoin and ether, the native crypto token of the Filecoin network is the Filecoin token (FIL). Holders of tokens can use FIL to interact with and conduct transactions on the Filecoin network. Users specifically pay miners in FIL to store, distribute, and retrieve their data. Additionally, storage companies use FIL as collateral to offer a minimal degree of service assurance, which diminishes if an agreement with a customer falls through. $FIL currently trades at $10.81 and has ...

Synthetix (SNX)

Om Synthetix (SNX)