A widely followed crypto analyst says Bitcoin (BTC) is busy accumulating for another breakout. Crypto trader Michaël van de Poppe tells his 711,500 followers on the social media platform X that gold and BTC are on their way to new all-time highs (ATHs). “Bitcoin looks like it wants to build up before another breakout. Gold continues the […]
The post Crypto Analyst Predicts Bitcoin Build-Up Before Breakout, Updates Outlook on Two Altcoins appeared first on The Daily Hodl.
DeFiance Capital CEO Arthur Cheong says he’s watching three altcoins that he believes are fulfilling crypto’s strongest narratives. In a new interview with the When Shift Happens YouTube channel, Cheong says that crypto and blockchain technology are primed to fulfill the needs that the fintech industry once catered to. “Crypto and blockchain are well positioned […]
The post Venture Capitalist Arthur Cheong Names Top Altcoin Picks, Including Synthetix (SNX), Aave and One Additional Crypto appeared first on The Daily Hodl.
We’re thrilled to announce that Kraken now supports new margin pairs for Optimism (OP), Synthetic (SNX), Injective (INJ) and Celestia (TIA)! Margin trading is now available for the below pairs for OP, SNX and TIA: Pair base Pair name Available leverage Long Position Limit Short Position Limit OP OPUSD 2X 14000 14000 SNX SNXUSD 2X […]
The post Expanded margin pairs available for INJ, OP, SNX and TIA! appeared first on Kraken Blog.
Veteran crypto investor Arthur Cheong says that one altcoin project operating on the Ethereum (ETH) network is set for big moves to the upside. Cheong, the founder of DeFiance Capital, tells his 153,300 followers on the social media platform X that the decentralized finance (DeFi) protocol Synthetix (SNX) could surge by more than 75% from […]
The post Crypto Investor Arthur Cheong Says One Ethereum-Based Altcoin Set for Big Rallies appeared first on The Daily Hodl.
New data from crypto analytics firm Santiment reveals that digital assets are hinting at rallies despite market conditions being rife with uncertainty. According to Santiment, “bear market” mentions on social media platforms heavily outweigh those of a bull market, causing the spread of fear, uncertainty and doubt (FUD). However, the market intelligence firm says that […]
The post Crypto Hinting at Rallies Amid Unpredictable Market Conditions, According to Santiment appeared first on The Daily Hodl.
One decentralized finance (DeFi) altcoin project is surging amid the rollout of a highly anticipated network revamp. In the past there days, Synthetix Network (SNX), a protocol that allows users to trade synthetic assets, shot up from a low of $1.91 to a high of $2.51, a more than 32% increase. As the rally took […]
The post Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade appeared first on The Daily Hodl.
Synthetix (SNX) founder Kain Warwick says there’s a chance that the next wave of people adopting crypto could end up preferring decentralized applications over their traditional centralized counterparts. In a new interview on Real Vision Crypto, Warwick says decentralized finance (DeFi) markets may have gotten a little overheated in 2021 as investors became overly optimistic […]
The post Next Wave of New Crypto Users Could Choose DeFi Over CeFi, According to Synthetix Founder Kain Warwick appeared first on The Daily Hodl.
The founder of Ethereum (ETH)-based decentralized finance (DeFi) protocol Synthetix (SNX) has announced the launch of a new project that he says aims to compete with centralized exchanges (CEXs). In a new blog post, Kain Warwick explains why he wants to launch an exchange when the Synthetix ecosystem already has Kwenta, a DEX that aims […]
The post Synthetix (SNX) Founder Announces New Project To Compete With Centralized Exchanges appeared first on The Daily Hodl.
Decentralized finance (DeFi) protocol Synthetix could potentially burn a significant percentage of its supply if the project moves forward with a proposal from its founder. In a new blog update, Synthetix creator Kain Warwick lays out 12 different suggestions or opportunities for the project moving forward. One of Warwick’s 12 points includes a 3:1 split […]
The post Millions of Synthetix (SNX) Tokens Could be Burned in New Proposal From Founder appeared first on The Daily Hodl.
A mysterious investor is scooping up an Ethereum-based (ETH) altcoin that has more than doubled up in price so far this year. According to new data from blockchain-tracking service Lookonchain, an unnamed institution spent $10 million worth of USD Coin (USDC) to purchase 3.4 million Synthetix (SNX), a decentralized asset issuance project, during the last […]
The post Mysterious Institutional Investor Scoops Up Ethereum-Based Altcoin That Rallied 126% This Year: On-Chain Data appeared first on The Daily Hodl.
