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news-imageApril 22, 2023

Daily Crypto Movers: Zilliqa, LEO, Arbitrum, BSV, and BNB Lead Gains; Conflux, OKB, FTM, SNX, and APT Experience Losses

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Zilliqa, LEO, Arbitrum, BSV, and BNB have emerged as the top gainers of the day, while Conflux, OKB, FTM, SNX, and APT are the top losers.
Publisher: The Currency Analytics
Sentiment: Positive
APT
ARB

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Negative
cover-imageCointelegraph
April 21, 2025

Synthetix founder threatens SNX stakers with ‘the stick' to fix SUSD depeg

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 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface. However, once the UI goes live, Warwick said, if there isn't enough momentum, then they may have to “ratchet up the pressure” on the stakers in the sUSD 420 pool.

Neutral
cover-imageCointelegraph
April 18, 2025

Aptos community proposal to cut staking rewards by nearly 50% faces pushback

An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network's native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.

Negative
cover-imageCointelegraph
April 18, 2025

Aptos community proposal seeks to slash staking rewards by nearly 50%

An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network's native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.

Positive
cover-imageCoinPedia
April 18, 2025

BNB Price Breakout Above $600? On-Chain Metrics Hint at Bullish Momentum

BNB is experiencing buying demand as overall market sentiment turns positive. Although the price is currently facing resistance below the $600 level, buyers are expected to overcome this barrier. Meanwhile, large holders continue to accumulate BNB during the recent price correction. This has sustained momentum across various on-chain indicators, supporting the ongoing recovery.

Positive
cover-imageCointelegraph
April 18, 2025

Price predictions 4/18: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX

Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.

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