Markets

Synthetix Price Is Up 190% in a Month—Here’s Why

In brief Synthetix (SNX) is up 190% over the past month ahead of its Q4 Ethereum mainnet perpetual DEX launch. The rally has fueled a spike in on-chain activity with 975 new wallets and 229 whale transfers in a day. Experts call the recent pullback a healthy correction, with long-term growth depending on user retention.…

Opinion

Morning Minute: $19B Wiped Out in Crypto’s Biggest Liquidation Ever

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.🧨 A Historic Flush: ~$19B in Crypto LiquidationsFriday wasn’t just a bad day for crypto.It was the worst day in crypto’s existence.And all due to a miscommunication at…

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Expanded margin pairs available for INJ, OP, SNX and TIA!

We’re thrilled to announce that Kraken now supports new margin pairs for Optimism (OP), Synthetic (SNX), Injective (INJ) and Celestia (TIA)! Margin trading is now available for the below pairs for OP, SNX and TIA:  Pair basePair nameAvailable leverageLong Position Limit Short Position LimitOPOPUSD2X1400014000SNXSNXUSD2X75007500INJINJUSD3X16001600INJINJEUR2X15001500TIATIAUSD3X30003000 Here’s what you need to know about the assets: Optimism (OP) is…

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Kraken Daily Market Report for October 06 2021

BTC $55111. ↑7.0% $812.9M ETH $3585.4 ↑2.0% $370.0M USDT $1.0004 ↓0.01% $248.1M ADA $2.2171 ↓0.8% $70.7M USDC $0.9999 ↓0.01% $62.3M DOT $32.566 ↑3.6% $58.9M SOL $155.44 ↓5.7% $52.2M DOGE $0.2517 ↓0.08% $33.9M XTZ $7.8876 ↓0.7% $30.6M XRP $1.0796 ↓0.4% $26.5M LINK $26.821 ↓1.5% $24.8M LTC $181.88 ↑4.6% $19.2M ATOM $35.250 ↓4.2% $18.9M ALGO $1.8354 ↓6.1% $15.9M AXS $127.73 ↓4.1% $12.7M SC $0.0188 ↑2.4% $12.2M OMG $14.591 ↓6.0% $9.73M XMR $288.5 ↑6.6% $9.53M BCH $617.97 ↑3.6% $8.73M XLM $0.3406 ↑6.8% $7.06M MATIC $1.2633 ↓4.1% $6.82M FIL $70.992 ↑0.19% $6.48M DYDX $22.615 ↓0.4% $6.36M MINA $4.59 ↓2.3% $5.75M DAI $1.0003 ↓0.03% $5.75M KSM $332.83 ↓1.4% $5.49M UNI $25.178 ↓1.9% $5.16M EOS $4.8036 ↑1.5% $5.1M TRX $0.0953 ↓0.9% $4.26M FLOW $19.298 ↓4.9% $3.83M AAVE $309.15 ↑0.3% $3.5M DASH $186.62 ↑2.0% $2.91M MOVR $312.00 ↑1.0% $2.86M ETC $54.305 ↓0.14% $2.79M OCEAN $0.7931 ↑5.5% $2.79M KAVA $6.2381 ↓2.8% $2.73M KEEP $0.4214 ↑3.1% $2.33M QTUM $13.410 ↑1.0% $2.33M ICX $2.2180 ↓3.7% $2.0M SNX $10.22 ↓2.5% $1.92M NANO $5.3298 ↓4.0% $1.89M MLN $133.27 ↓2.7% $1.77M CRV $2.7678 ↓5.2% $1.74M CQT $1.4280 ↑2.0% $1.71M GRT $0.7239 ↓4.4% $1.67M YFI $32100. ↑0.23% $1.6M ZEC $124.95 ↑1.3% $1.59M STORJ $1.3154 ↓1.8% $1.41M BADGER $25.826 ↑8.4% $1.35M WAVES $26.957 ↓2.2% $1.31M ENJ $1.629 ↓4.3% $1.31M MANA $0.7649 ↓2.1% $1.09M REN $1.1275 ↓6.8% $1.04M COMP $303.94 ↓1.9% $1.04M PAXG $1765.5 ↓0.11% $990K…

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Kraken Adds GBP and AUD Trading Pairs for 14 New Assets

As we further our expansion into markets that have substantial potential for growth, Kraken is more than doubling the number of trading pairs available to clients using both the British pound sterling (GBP) and the Australian dollar (AUD).  With the addition of 26 new trading pairs, Kraken’s GBP and AUD clients now have more seamless…