While Bitcoin calms after Trump-driven rallies above $93,000, Algorand (ALGO) witnesses a bullish revival. The altcoin remained elevated over the past few sessions, up 30% on its weekly chart. Meanwhile, ALGO's recovery prints a bullish engulfing candlestick, which completes a morning star setup.
Tezos users can now make purchases at Visa and Mastercard terminals worldwide with Oobit's Tap & Pay feature, enhancing cryptocurrency's role in mainstream finance.
Bitcoin's “parabolic” price rise reflects the new lack of ambiguity around crypto's status, said Kathleen Breitman.
With a market cap of $1.08 billion, ALGO price is currently ranking at 7th position in the crypto world. The ALGO token, trading at $0.1306, has increased by 7.15% in the past 24 hours. With a bullish recovery at play, will the bull run in Algorand tokens surge to $0.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.
Discover how Tezos Foundation's grants are propelling Web3 innovation in gaming, DeFi, and arts. Explore projects like Taquito, Signatory, and Sugar Gaming leading the charge.
Story Highlights The live price of the Tezos token is XTZ price could soar as high as $1.48 in 2024. Tezos price, with a potential surge, could hit $7.11 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground.
Tezos Today debuts as a monthly newsletter, offering insights into the Tezos ecosystem, exclusive content, and subscriber perks, according to the Tezos team.
TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17 SNX, with a token swap valued at $13.2 million. The integration would involve dissolving Kwenta's governance and merging it with SNX's Spartan Council.
DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020. The post Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives appeared first on Cryptonews.
Bitcoin Cash (BCH) is among top gaining coins as top cryptocurrency Bitcoin (BTC) jumps to above $71k. The price of several altcoins have also tracked the BTC upside in the past few days, with Tezos (XTZ) climbing from lows of $0.62.
Quantix Capital is partnering with TZ APAC, a prominent adoption hub for the Tezos blockchain to support gaming on the Tezos platform. The post Quantix Capital Will Invest $1M to Support Tezos Gaming Projects appeared first on Cryptonews.
Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.
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.
The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.
Binance Exchange has announced plans to delist Algoran, DigiByte and GMX trading pairs.
Binance announces the removal of spot trading pairs ALGO/FDUSD, CHR/ETH, DGB/BTC, and GMX/BTC to maintain market quality. Trading bot services will also be terminated.
Tezos (XTZ) and Chainlink (LINK) exhibit similar price and trading volume trends. Chainlink (LINK) shows promise but remains far from its 2021 peak.
The derivatives liquidity protocol Synthetix (SNX) witnessed more development activity than any other project in the decentralized finance (DeFi) sector in the past 30 days, according to the crypto analytics firm Santiment. Synthetix aims to serve as a backend liquidity tool for user-facing DeFi projects, according to the protocol's whitepaper.
Tezos Spotlight hosted a dynamic digital art event in London, gathering artists and tech enthusiasts to explore blockchain's role in art. The event featured diverse artworks and insightful discussions.
Story Highlights The current price of Algorand is . The Algorand price could reach a maximum of $0.361 in 2024. This altcoin may reach a high of $4.368 by 2030.
Discover five intriguing tools within the Tezos ecosystem designed to assist artists, collectors, and project creators. Learn about Mooncakes, TTC Calendar, and more.
The ecosystem of Tezos continues to expand by adding new connections in the crypto world, especially in the NFT, staking, and node niches.
The founder of Tezos (XTZ) and his wife are taking the IRS to court once again over the agency's treatment of their staked XTZ tokens.
Jarretts argue staking rewards should be taxed only when sold, not upon creation. This is the Jarretts' second legal attempt to clarify crypto tax rules.
After his initial suit was dismissed, Jarrett is back in court to argue staking rewards should be treated as income rather than property.
Bitcoin is at a critical crossroads, facing either a sharp decline or a massive rally. As Bitcoin weighs its options, altcoins are also looking to surge and reach new highs. American billionaire investor Tim Draper recently joined the Thinking Crypto podcast, where he discussed his altcoin investments.
The automated trading platform UnTrade has reached a major milestone: $1,000,000 in Assets Under Management (AUM) in just 60 days since launching their product to retail users. This achievement isn't just about numbers – it's a testament to the hard work, dedication, and vision of the team over the past three years.
Discover five lesser-known yet powerful tools within the Tezos ecosystem that can enhance the experience for artists, collectors, and developers.
The SR-2 proposal wants to address many of the concerns currently dragging down the Synthetix protocol.
Synthetix community approves a major protocol overhaul with 99.4% support, aiming to revitalize the project through token redesign, multi-chain deployment, and governance restructuring.
A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.
Tezos made a significant impact at TOKEN2049 with keynotes, innovative showcases, and side events, highlighting advancements in Web3.
UnTrade, the rapidly growing algorithmic crypto trading platform, is excited to join the Finbridge Trading & Investing Expo in Ahmedabad, India. The event took place on September 28-29, 2024, at the EKA Club in Kankaria.
ALGO's latest price movement has drawn traders' attention to whether the token can break through a key technical barrier.
The leading commission-free stocks and crypto trading platform, Robinhood has revealed the addition of three new crypto for the New York users, fueling market interest. In a recent announcement, the crypto trading platform said that it will be adding Uniswap (UNI), Stellar (XLM), and Tezos (XTZ), reflecting its growing focus on the digital assets space.
Commission-free investing app Robinhood has announced that Tezos (XTZ), Stellar (XLM), and Uniswap (UNI) can now be traded by New York residents.
Tezos has carved out a solid position in the crypto market, boasting a market cap of around $693.5 million and a circulating supply of 1 billion XTZ tokens. The cryptocurrency reached its all-time high of $9.18 in October 2021, showcasing its previous potential for substantial gains.
Tezos (XTZ) leads the blockchain industry with its innovative staking model, offering unparalleled accessibility, security, flexibility, and high rewards.
Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.
Algorand (ALGO) has been the center of attention as crypto currency enthusiasts and investors speculate about its future. Trading at around $0.13, ALGO remains significantly undervalued compared to its all-time high of $3.28.
Community-backed Force of Good Foundation (FoG) behind Universal Health Token (UHT) announced that it had raised $1.2 million in a pre-seed investment round with participation from prominent investors including Animoca Brands, Polygon Ventures, KGeN and Tezos Foundation. Bringing together the technology and healthcare industries to revolutionize our approach to health and wellness, UHT is designed to guide individuals toward a healthier life through a range of incentives and benefits including exclusive NFTs, event access, and discounted health products. Current UHT partners include Animoca Brands, KGeN, and GOQii.
Amid a crypto market downturn, TRX, THETA, and XTZ face price challenges, despite positive developments.
ALGO could face a tough battle as it struggles to break above key resistance levels on its chart.
Snax Chain, built on OP Stack, launches September 15th, integrating Wormhole for secure, decentralized Synthetix V3 governance and cross-chain messaging.
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.
Decentralized finance (DeFi) protocol Synthetix (SNX) is working toward launching its application blockchain, dubbed SNAXChain, according to a blog post published on September 4, 2024. Synthetix SNAXChain To Launch On Optimism's Superchain Infrastructure Ethereum-based derivatives liquidity protocol Synthetix is set to unveil SNAXChain, an application blockchain built on Optimism's Superchain infrastructure.
Leading DeFi protocol Synthetix joins Optimism's impressive Superchain line up.