News & market intelligence · Limited Beta
CoinsAQ combines concise summaries, sentiment, affected assets, and related context while preserving publisher attribution and original source links.
Market intelligence, not financial advice. Coverage and freshness vary.
Decentralized finance (DeFi) protocol Synthetix could potentially burn a significant percentage of its supply if the project moves forward with a proposal from its founder. In a new blog update, Synthetix creator Kain Warwick lays out 12 different suggestions or opportunities.
Aside from a brief pump and dump of around $500 yesterday, bitcoin has remained relatively stagnant at just under $27,000. Although generally more volatile by nature, the altcoins have also failed to produce any significant moves in the past day. Injective is among the few.
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. The cryptocurrency market saw net outflows of $12.3 billion over the last 24 hours and currently stands at $1.12 trillion — down 1.1%.
Synthetix (SNX) is trading 10% up over the 24-hour period. The recent spike in price comes amid a new proposal. SNX bulls likely have PEPE madness to thank for the market bump. The classic meme frog cryptocurrency is adding value to every market it touches. Volumes surged 150%.
A popular crypto strategist warns that altcoins could be on the verge of a big move to the downside as he updates his outlook on Pepe ( PEPE ) and Avalanche ( AVAX ). Pseudonymous analyst Altcoin Sherpa tells his 195,100 Twitter followers that altcoins could drop as much as 50%.
Injective – a layer 1 blockchain – announced the integration of Pyth with the Injective mainnet. The move should allow decentralized applications (dApps) to access any of Pyth’s on-chain data for hundreds of markets covering equities, commodities, and foreign exchange pairs, in.
Bitcoin has finally calmed after the massive volatility mid-week and stands just above $29,000. The altcoins are also sitting quietly today, with Solana being the only notable gainer from the larger caps. This past working week started rather calmly, as bitcoin continued.
