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A Synthetix spokesperson told Cointelegraph on April 18 that sUSD’s volatility was driven by “structural shifts” after the SIP-420 launch. Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said in an April…
Solana briefly overtook Ethereum in terms of staked token value, but there’s debate whether this is a bullish or bearish milestone. The Solana network briefly surpassed Ethereum in total staked value of their respective native tokens, SOL and ETH, sparking debate over whether it is actually bullish or bearish for Solana. More than $53.9 billion…
Traders say Bitcoin holding the $85,000 level is bullish, and charts suggest BNB, HYPE, TAO and RNDR could be the first altcoins to follow a BTC price breakout. Bitcoin (BTC) has risen roughly 1% for the week, indicating a balance between supply and demand. Analysts expect a quiet easter weekend but are divided about the…
User losses will be minimized due to an upcoming compensation plan and rolling back accounts, Bitget CEO Gracy Chen told Cointelegraph. Cryptocurrency exchange Bitget discovered “abnormal trading activity” on the VOXEL/USDT perpetual futures contract on April 20, between 8:00 to 8:30 UST, and paused accounts that the exchange suspected of market manipulation. According to an…
Farmers are increasingly turning to stablecoins to facilitate cross-border payments, streamline operations, and gain access to global markets. Opinion by: Henry Duckworth, founder and CEO of AgriDex We all need and buy it. Food is a common, universal ground across the planet. It should come as no surprise then that the agricultural industry is enormous….
Despite over $2 million in daily inflation, Dogecoin remains the dominant memecoin as ETF decisions from the SEC approach. Dogecoin holders worldwide celebrate “Dogeday” on April 20, as the memecoin’s community awaits upcoming deadlines for Dogecoin-related exchange-traded fund (ETF) applications. Dogeday marks the unofficial holiday of the Dogecoin (DOGE) community. It gained traction in the…
Despite over $2 million in daily inflation, Dogecoin remains the dominant memecoin as ETF decisions from the SEC approach. Dogecoin holders worldwide celebrate “Dogeday” on April 20, as the memecoin’s community awaits upcoming deadlines for Dogecoin-related exchange-traded fund (ETF) applications. Dogeday marks the unofficial holiday of the Dogecoin (DOGE) community. It gained traction in the…
The XRP price rebound faces reversal risks as bearish patterns, fractal trends, and profit-taking pressure point to a potential 40–50% correction. XRP (XRP) has bounced nearly 30% after a four-month low of $1.61 amid rising tariff tensions. However, the rebound may be short-lived as technical patterns and on-chain signals now point to a deeper correction…
The Bank for International Settlements warns that crypto and stablecoins may destabilize finance and widen inequality, urging stronger regulation in response. The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS). In an April 15 report, the BIS warned that…
The controversial digital art drew criticism from crypto commentators, who argued it “hurts crypto” and dismissed it as neither “provocative” nor “edgy” as intended. The creator of Ethereum layer 2 blockchain Base, Jesse Pollak, has apologized following backlash over posting digital artwork that controversially played on Base’s tagline, “Base is for everyone.” Several social media…