Over the past 30 days, Chainlink net outflows have surpassed $120 million signaling strong accumulation.

Monad, the Dragonfly and Paradigm backed EVM-compatible Layer-1 chain, has announced a major partnership with ChainLink. Since launching its public testnet on Feb 19, it has shake up the crypto world with the promising 10,000 transactions per second.

Kain Warwick, founder of Synthetix, announces new incentives to restore sUSD peg.

Monad has partnered with Chainlink to integrate its oracle services as its mainnet launch looms. Monad, an EVM-compatible Layer 1 blockhain, has announced a partnership with a leading decentralized oracle provider Chainlink (LINK).

On-chain data shows Chainlink (LINK) has seen a month of consistent outflows, something that could prove to be bullish for the altcoin's price. Chainlink Exchange Netflow Has Been Negative Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the Exchange Netflow for Chainlink.

A crypto trader says a mid-cap altcoin flying under the radar looks primed to repeat Chainlink's (LINK) blistering rally during the 2020 bull cycle. Pseudonymous analyst Inmortal tells his 231,800 followers on the social media platform X that he's bullish on the native asset of the layer-2 scaling solution Mantle (MNT).

Decentralized blockchain oracle network Chainlink (LINK) is again in the spotlight amid price discovery. According to reports, large amounts of LINK have exited crypto exchanges over the past month.

Heavy single-day inflows to exchanges worked against the idea that investors were accumulating LINK.

Chainlink (LINK) is showing signs of renewed bullish momentum, with both technical patterns and on-chain metrics signaling the potential for strong upward moves. According to IntoTheBlock, the Oracle platform saw more than $120 million worth of LINK tokens withdrawn from exchanges within the past month.

Synthetix (SNX) price shot up 7% in the past 24 hours as founder Kain Warwick took a firm stance on the recent depegging of sUSD stablecoin.

The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.

The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000.

TL;DR Synthetix launched a new staking mechanism, the “sUSD 420 Pool,” offering SNX rewards to stabilize the price of its sUSD stablecoin. Founder Kain Warwick warned that pressure will be applied if participants don't respond to the voluntary incentive. The value of sUSD dropped to $0.68 in April but has partially recovered to $0.

Kain Warwick, the founder of the decentralized finance (DeFi) platform Synthetix, has urged SNX SNX token holders to take action to help restore the value of the project's stablecoin, sUSD.

Synthetix founder Kain Warwick has urged SNX stakers to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD. The post Synthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick' appeared first on Cryptonews.

Crypto investors are no longer flying solo. In a market that demands precision, speed, and strategy, the need for a co-pilot has never been greater—and Web3 ai is answering the call.

As sUSD continues to trade below its intended $1 peg, Synthetix founder Kain Warwick has urged stakers to step up and help restore stability before more stringent measures are implemented.

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.

The Chainlink price has not seen a lot of action in recent weeks, oscillating between the $12 and $13 levels since the start of April. This inactivity suggests that the altcoin is yet to recover from its uninspiring run in the first quarter of 2025.

The Chainlink price is poised for liftoff, with a bullish rebound on the horizon. As LINK has soared past its key support level, analysts and traders remain bullish about the altcoin's potential rally new heights.

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.

Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg.

Chainlink price could be on the verge of a bullish breakout after testing a crucial resistance, forming a bullish divergence, and as its exchange outflows rise. Chainlink (LINK) was trading at a crucial resistance point at $12.

More than a year after its initial announcement, Arbitrum launched Timeboost yesterday.

Synthetix's sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms. The post Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? appeared first on Cryptonews.

This new chain, built by Ethena Labs and Securitize, is designed to be the settlement layer for on-chain finance and RWAs. Celestia provides the underlying infrastructure.

The Synthetix protocol stablecoin dropped to a new low this week, extending its month-long depegging trend.

Synthetix's sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.

Synthetix's sUSD stablecoin has fallen to $0.70, 30% below its dollar peg, following protocol changes that disrupted its market balance.

The Synthetix protocol's native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn't the first time the asset has been under significant stress, and several risk measures are in place.

Arbitrum launched Converge, a new blockchain-focused on tokenizing real-world assets (RWAs) and boosting on-chain finance.

Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize, Converge aims to bring billions of dollars in stable assets into decentralized finance (DeFi).

Chainlink network is heavily bolstered by growing fundamentals and a positive regulatory outlook in the United States. LINK bulls must defend the support level above $9.4 to invalidate further capitulation in 2025. Chainlink (LINK) price has been trapped in a multi-week falling channel since the second inauguration of the U.S. President Donald Trump.

TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

TL;DR sUSD Depeg Crisis: Synthetix's stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The recent SIP-420 upgrade, aimed at enhancing capital efficiency, has flooded markets with excess sUSD, disrupting traditional peg defense strategies and triggering chaotic trading conditions.

Synthetix's algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko's price data, sUSD has dropped to $0.7924 as of Apr.

Synthetix's sUSD stablecoin de-pegs, trading at $0.8107.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.

The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.

The cryptocurrency price prediction for today, April 16, suggests choppy moves will continue as Bitcoin price defends $80,000 while Ethereum holds on to the $1,500 support level. Meanwhile, macro trends are shifting as President Trump considers pausing auto tariffs.

The total value of real-world assets (RWAs) on the Arbitrum network has surged over 1,000-fold since the start of 2024.

Chainlink is testing its key support as traders weigh bullish structure against weak on-chain signals.

The crypto market registered a marginal increase over the past 24 hours, rising almost 1% to $2.7 trillion. Cryptocurrencies saw a mixed performance, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) trading in the green while others registered notable declines.

Pi Network's integration with Chainlink, and possibly with Ethereum, comes as its native token trades around the $0.75 resistance level.

The crypto markets continue to demonstrate their unpredictable nature as both Toncoin (TON) and Chainlink (LINK) face fluctuating fortunes. Toncoin recently endured a rocky week showcasing dramatic volatility. Meanwhile, Chainlink finds itself under cautious investor scrutiny. Although both assets hold potential for recovery, their turbulent movements highlight a recurring theme in crypto markets.

Exciting news has hit the crypto space as Chainlink (LINK) joins PayPal and Venmo's growing list of supported cryptocurrencies. This expansion opens new doors for LINK holders, adding ease and flexibility to buying, selling, and transferring. Additionally, analysts are predicting a 35% price surge for LINK if it breaks a key resistance level at $15.68.