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Cryptocurrency prices remained on edge this week as the fear and greed index moved to the neutral point of 55. Bitcoin moved below $30,000, signaling that the industry is seeing mild demand. Ethereum, the second-biggest crypto in the world, also remained below $1,900. Still, several altcoins like Chainlink (LINK), Maker (MKR), and Synthetix (SNX).
Weekly cryptocurrency market analysis from Coinidol.com. XRP, Stellar, Synthetix, BitDAO and Solana in the top 5 gainers of the week.
Synthetix founder Kain Warwick argued that Synthetix building a front end called Infinex could help Perps V3 take on centralized exchanges.
Celsius, a crypto lending platform that went bankrupt in July 2022, began the process of liquidating its assets yesterday, selling $60 million in LINK, MATIC, SNX and AAVE.
Synthetix founder Kain Warwick said that the XRP ruling was an unexpected win but that it's not over yet.
Celsius, the bankrupt crypto lender, has started selling its non-Bitcoin and non-Ethereum crypto assets, records on July 17 indicate. According to on-chain data from Lookonchain, Celsius has transferred approximately $23.5 million of various cryptocurrencies, including BNB, ZRX, LINK, BONE, and SNX, to FalconX and OKX, respectively.
Celsius, a prominent cryptocurrency lending platform, has initiated massive sales of several altcoins, raising concerns among investors. The transactions, tracked by blockchain sleuths, indicate that Celsius transferred significant holdings of multiple cryptocurrencies to FalconX, a digital assets trading platform.
Synthetix, the innovative decentralized finance (DeFi) protocol, is poised to usher in a new era as it lays the groundwork for an expanded product suite. Kain Warwick, the founder of Synthetix, has revealed ambitious plans for Infinex, a groundbreaking derivatives trading platform designed to enhance the decentralized trading architecture championed by Synthetix.
The founder of Synthetix (SNX), a decentralized finance (DeFi) protocol built on Ethereum, recently unveiled a new project aimed at competing with centralized exchanges (CEXs).
Synthetix, the leading decentralized finance protocol, is set to transform the landscape of decentralized trading by introducing Infinex, a cutting-edge derivatives front-end. Synthetix founder Kain Warwick aims to bridge the gap between decentralized and centralized exchanges by offering a noncustodial central limit order book that provides a user-friendly experience for traders of all levels.
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).
SNX, the native token of the Synthetix Network, has been on the rise, gaining more than 35% in the past week. The cryptocurrency continues to exhibit strong bullish momentum, having registered a positive market performance over the past few weeks.
Perpetual contracts (Perps) trading platform Synthetix has announced its plans to launch "Infinex" to resolve the issues associated with trading Perps on centralized exchanges.
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX).
Will SNX price break through and embark on a meteoric rise, or will it face resistance? Let's delve into the details
Infinex, a Synthetix frontend designed to rival centralized exchanges, was announced by its founder Kain Warwick on July 14. Infinex serves as a frontend to the existing derivatives liquidity protocol Synthetix, which operates in part on Optimism's OP Mainnet.
Kain Warwick, founder of the Synthetix derivatives protocol, has introduced Infinex, a new decentralized perpetuals exchange. The venture sets its sights on challenging the dominance of centralized exchanges such as Binance by prioritizing user experience, marking a notable shift in the DeFi status quo.
Synthetix, one of crypto's DeFi originals, is poised to add to its affiliated product suite.
Infinex will enable trades on the Ethereum Layer 2 network Optimism, and it will operate in tandem with Synthetix.
BeInCrypto looks at the five biggest crypto losers in the entire crypto market this week, specifically from June 30 to July 7.
As the largest part of the cryptocurrency market continues to switch between the red and green waves, taking the cue from the flagship decentralized finance (DeFi) asset that has recently crossed the crucial $30,000 threshold, some altcoins have stood out with their daily gains.
FTX, the notorious bankrupt crypto exchange, had some good things going for it.
For Synthetix price, the consolidation period was marked by a strong accumulation of buying power at support prices.
Synthetix is pleased to announce the addition of Lido Finances' stETH as the latest asset for leverage trading on Synthetix Perps. This new perpetual futures market “has been approved by SIP 2021 and had parameters set in SCCP 2015.
