Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.

A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.

Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.

TL;DR Cycles is a proposal from Informal Systems for a decentralized clearing system, led by Ethan Buchman, co-founder of Cosmos. The system aims to eliminate traditional intermediaries (such as banks) and allow any user to participate in a blockchain-based multilateral settlement process.

The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems' CEO Ethan Buchman said.

ATOM recently jumped above its 200-day EMA, could this be a start of a new uptrend?

Popular decentralized exchange (DEX) dYdX — currently offering perpetual trading options for over 35 popular cryptocurrencies — is set to unveil its most ambitious upgrade yet. Labeled ‘dYdX Unlimited,' the update will feature a number of comprehensive enhancements that promise to offer traders increased flexibility while simultaneously providing them with new passive income streams.

Story Highlights The live price of the Cosmos token is . The Cosmos price could reach a potential high of $10.24 by the end of 2024. ATOM price could reach a potential high of $56.71 by the year 2030. Cosmos (ATOM) price boomed recently and surprised many, including many big hands.

November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.

Latest updates on the coins ATOM, MATIC, and TAO.

Cosmos (ATOM) has shown a promising 15% recovery in the last two days, but it now faces key resistance levels that could determine the future of its price action. Traders eyeing a potential long position should monitor critical technical indicators before making any moves.

ATOM is eyeing a key EMA resistance - Here's what that means!

Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.

The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.

The move is meant to allow the platform to shift back to its core vision as it faces a competitive market.

dYdX Trading, the company behind the decentralized exchange platform, recently announced it has let go of 35% of its workforce.

dYdX announces a strategic shift back to startup mode, aiming to reignite innovation and agility. The decision follows recent layoffs and a re-evaluation of the company's operational structure.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

Charles d'Haussy CEO dYdX Foundation told CryptoNews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain. The post dYdX Sees Convergence of CeFi and DeFi and Plans to Launch ‘dYdX Unlimited' appeared first on Cryptonews.

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Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company's evolving goals.

dYdX's major layoffs and declining TVL highlight ongoing market pressures, with a mixed response from investors reflected in DYDX's fluctuating price.

In an interview with Cryptonews.com, Sunny Aggarwal, co-founder of Osmosis, shared his insights on the Cosmos ecosystem and more! The post Sunny Aggarwal on the Cosmos Ecosystem, Osmosis DEX, and Bitcoin-Based DeFi | Ep. 382 appeared first on Cryptonews.

Antonio Juliano, the founder of decentralized derivatives exchange dYdX, has announced a 35% reduction in the company's core workforce. Interestingly, this news has not affected the price of dYdX.

Decentralized exchange platform dYdX has announced a 35% reduction in its workforce as it embarks on a strategic overhaul led by returning CEO Antonio Juliano. Juliano, who resumed leadership on October 10 after a six-month hiatus, cited a need for a leaner, more focused team to steer the company through mounting industry challenges.

dYdX has announced the departure of several team members, including members of the core team.

dYdX's layoff decision was a realisation that the company is different from the company dYdX must be. The post DeFi Exchange dYdX Follows Consensys in Layoff Spree, Cuts Workforce by 35% appeared first on Cryptonews.

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.

The decentralized derivatives platform dYdX recently announced that it had laid off 35% of its workforce, including core team members. Despite the workforce reduction, the price of the platform's native token, dydx, rose by 5.56%, as traders reacted positively to the restructuring news.

DYDX, the firm that is developing an on-chain crypto derivatives exchange has let go of 35% of its core team. Chief executive officer Antonio Juliano announced on Tuesday that the decision was essential to align the company's structure with its evolving needs.

"The company we've built is different from the company dYdX must be," said the CEO.

CEO Antonio Juliano, who announced the redundancies, recently rejoined the firm after a six-month sabbatical.

dYdX has announced a 35% workforce reduction as part of a strategic shift. The move is aimed at restructuring the company for future growth.

As blockchain technology advances, platforms like Qubetics, Cosmos, and SpacePay are carving out niches in digital finance and decentralised applications. Each of these projects tackles different challenges and opportunities in the blockchain ecosystem. Qubetics is focused on bridging the gap between cryptocurrencies and traditional finance through its innovative conversion mechanism.

Cosmos Network's Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.

Cosmos Network's Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.

CoinGecko published a report analyzing staking yields among the largest PoS blockchain projects. The survey analyzed yields, ratios, and other functionality metrics, and found a wide range of viable strategies.

Cosmos' co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

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DYDX has experienced a remarkable increase, gaining over 38% in the last 24 hours. This impressive performance has positioned it as the second-best performing cryptocurrency among the top 100 by market capitalization, according to Coin Market Cap.

Set to be valued at $321 billion by 2026, the gaming industry continues to innovate at a relentless speed as new technologies enter the mix. While the likes of virtual reality (VR), ever-improving 3D rendering software, and cross-compatible play have taken center stage in recent years, there's one corner of innovation that stands above the rest when immersing players in everything that they do within their favorite gaming ecosystem; blockchain technology.

Bitcoin faces a pullback, but altcoins see gains as macroeconomic factors and U.S. election optimism fuel the crypto market.

Cosmos's native token ATOM has emerged as the top performer in the cryptocurrency market, with its price surging by nearly 10% in the past 24 hours.

The crypto market is currently valued at $2.36 Trillion and has started the 3rd week on a positive note by adding 0.68% to its valuation. Further, with Bitcoin price stabilizing above the $69,000 level, top blockchains have gained significant traction over the past few days.

dYdX surges 38%, bullish momentum continues as liquidity builds towards $2 target.

DYDX price noted a 32% increase on Sunday, fueled by the hype surrounding dYdX Day in Dubai. This surge attracted significant attention from investors.

The native token of dYdX, a decentralized trading platform, recorded an impressive rally despite the whale selloff. dYdX (DYDX) surged 29% in the past 24 hours and is trading at $1.28 at the time of writing.