Grayscale slams the gavel; AVAX & DOT join the family, SNX & SUSHI cast out

Though crypto is said to be decentralized, Grayscale’s recognition of crypto assets certainly help define the trajectories of coin or token prices. However, more than just new product additions, asset removals are also key in understanding what institutional investors want – or don’t want. No gray area here In a press release, Grayscale Investments shared … Read more

Synthetix to launch perpetual futures on Ethereum scaling solution Optimism

Synthetix is a financial primitive enabling the creation of synthetic assets, offering derivatives and exposure to real-world assets on the blockchain. A synthetic asset, in turn, is simply a tokenized derivative that mimics the value of another asset. A spot exchange-traded fund, or ETF, is a typical example of a synthetic asset that could represent … Read more

Amid ETH, AAVE & SNX, can LINK advance its bullish phase

The crypto space has been witnessing a series of organic ecosystem-centric developments of late. It started with Bitcoin’s Taproot upgrade in June and was followed by Ethereum’s most recent London hardfork, and Tezos’ Granada upgrade. Additionally, Litecoin’s MimbleWimble upgrade that has been under development for quite a while witnessed some major code changes recently and Cardano … Read more