Author: Yeek.io
As part of the push to make Synthetix staking great again, Synthetix is focused on deepening liquidity for its native stablecoin, sUSD. A crucial part of this effort is the sUSD/sUSDe Curve pool, which offers LPs an opportunity to earn incentivized yield while strengthening stablecoin liquidity across DeFi.In this guide, we’ll walk through how to participate and stake your LP tokens for additional rewards.Why Provide Liquidity?Liquidity is the backbone of a stablecoin’s utility. sUSD is designed to power the Synthetix ecosystem, serving as the primary settlement asset across Synthetix Exchange and upcoming vaults. By providing liquidity to the sUSD/sUSDe pool…
Cardano founder Charles Hoskinson said he wasn’t aware that US President Donald Trump would include the network’s native token, ADA, in his proposed crypto reserve until the day it was announced. “We knew nothing about ADA being selected for the reserve. It was news to me,” Hoskinson said in a video on March 5. He added that he woke up on March 2 to 150 messages of congratulations but had “no idea what the heck was going on.”“We never even knew about it, and nobody even talked to us about it,” he added, before saying that he tried hard to have…
Este artículo también está disponible en español. Bitcoin has regained momentum following a period of decline, with its price now trading at $87,992, reflecting a 6.9% increase in the past 24 hours. The recent price movement has drawn attention to shifting supply dynamics, particularly between short-term holders (STH) and long-term holders (LTH). This trend, analyzed by CryptoQuant contributor XBTManager, provides insights into Bitcoin’s current market cycle and what could come next. Related Reading Short-Term vs. Long-Term Holders: A Market Balancing Act According to XBTManager, Bitcoin’s all-time high (ATH) has triggered an increase in STH supply while LTH supply declines. This…
Bitcoin is predicted to “blast off” in three weeks as global liquidity trends turn in favor of crypto and risk assets.New X analysis from Andre Dragosch, European head of research at asset management firm Bitwise, predicts global money supply hitting new all-time highs.3-week countdown to BTC price comebackA new Bitcoin (BTC) price tailwind is brewing as US dollar strength drops to its lowest levels since the start of November last year.The US Dollar Index (DXY), which measures dollar strength against a basket of trading partner currencies, is threatening to drop below 104, data from Cointelegraph Markets Pro and TradingView shows.For…
Ethereum price surged 6% in the past 24 hours, reclaiming the $2,300 level despite weakening decentralized finance metrics. According to data from Defi Llama, in February, Ethereum’s (ETH) total value locked fell to $50 billion from a peak of $71 billion in January. Additionally, decentralized exchange volumes have been declining as capital flows into alternate ecosystems such as layer 2s and Solana (SOL). DEX volume fell from $92 billion in December to $82 billion in February, a 11% decline. Ethereum network fees, on the other hand, have decreased from $142 million in January to barely $46 million in February, indicating…
Vietnam’s Deputy Minister of Finance Nguyen Duc Chi noticed a pilot program for fintech activities, including digital asset and cryptocurrency trading at financial centers, will be submitted to the Prime Minister this March. This move indicates numerous impacts and potentials for the crypto market overall. Vietnam’s government announcement According to Vietnam Government’s News, on the afternoon of March 5, 2025, Deputy Minister of Finance Nguyen Duc Chi made noteworthy remarks about the cryptocurrency sector during the regular government press conference.He announced that Vietnam would launch its first pilot crypto exchange this March. According to him, this pilot initiative will provide individual and…
Opinion by: Mateusz Kara, co-founder and CEO of Ari10President Donald Trump’s return to office has signaled a new era for crypto in the US, but the country has much to do to catch up with Europe.Trump has outlined grand plans and made sweeping promises to transform the US into a crypto haven. At this year’s World Economic Forum in Davos, Trump pledged to make the US the “world capital” of crypto, with a wave of pro-crypto policies, investments and regulatory clarity set to follow. Crypto is becoming an increasingly strategically important industry and is expected to grow to $38.6 billion by…
New Hampshire is the latest U.S. state to advance a Bitcoin reserve bill to the House, with its House committee clearing the proposal on March 5. According to Bitcoin Laws, House Bill 302 passed the House Commerce and Consumer Affairs Committee in a 16-1 vote. The proposal was introduced by Republican Keith Ammon on Jan. 7. NEW HAMPSHIRE Update:Bitcoin Reserve Bill HB302 has passed the House Commerce and Consumer Affairs Committee.The vote was 16 – 1 pic.twitter.com/7DpzFzxgda— Bitcoin Laws (@Bitcoin_Laws) March 6, 2025 HB302 proposes allowing New Hampshire’s treasurer to invest up to 5% of the general fund, revenue stabilization…
Bitcoin Cash was on the verge of seeing a bullish structure shift. Traders looking to go short could look for opportunities to enter above the $400 mark. Bitcoin Cash [BCH] has rallied 21% for the day, and a daily session close above $351 would mark a bullish structure shift. The price of BCH was $387 at press time, which meant there was a good chance the daily structure would shift bullishly. Source: IntoTheBlock The BTC hard fork had a +0.8 correlation with Dogecoin [DOGE] and Chainlink [LINK] and only +0.71 with Bitcoin [BTC]. The price action in recent hours was…
On Tuesday, March 4, 2025, the Williamson Country Republican Party held its convention at the Franklin Marriott, located in the heart of Williamson County, Tennessee. At the event, “bona fide” Republicans (those who voted in the last three out of four Republican primaries) voted for the future of their party’s local leadership, with the two sides in the contest — Elevate and the Williamson County Republicans — each offering a slate of eight candidates. The final results of the vote were committed in (added to) Bitcoin block 886,370 using Simple Proof’s Immutable Proof service, an automated service that employs the…