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The metal gained over 11% in the past day, setting an eight-year high price.
Congestion has been a theme for Ethereum over the past few months.
“Altcoin season” may have begun as coins aside from Bitcoin and Ethereum take center stage, outperforming strongly against BTC and the United States dollar.
For most of the past 48 hours, the crypto market was blood red.
Bitcoin’s price action over recent weeks and months has undoubtedly been bullish.
BlockDown 3 is set to host a colossal clash on DeFi as crypto visionaries make bull and bear cases for the decentralized finance movement which is sweeping the industry, the event will take place October 22-23.
Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the massive amount of SNX tokens stolen due to the recent KuCoin hack.
Late last week, KuCoin, a notable Singapore-based exchange known for its large offering of altcoins, bit the dust.
It’s been quite the year for DeFi.
As Bitcoin and especially Ethereum’s DeFi ecosystem has drawn down from its recent highs, analysts have been left wondering what phase of the market cycle are cryptocurrencies in.
In the traditional world of finance, risk management is a key aspect of any investor’s skillset.
A focus of many decentralized finance projects as of late has been to achieve a state of on-chain governance, where decisions about the direction of the project are made in the purview of all token holders and the public.
Before the craziness of yearn.finance (YFI) and Ampleforth (AMPL), the hottest token in decentralized finance was arguably Synthetix Network Token.
Over the past few weeks, some of the best performing cryptocurrencies haven’t been Bitcoin and Ethereum.
Joining Cardano, Dogecoin, and Chainlink, Synthetix Network Token (SNX) has been one of the top-performing cryptocurrencies over the past few months.
The Synthetix Network Token (SNX) has seen a parabolic price surge over the past month as the decentralized finance sector sees some explosive growth.