Synthetix’s sUSD Stablecoin Drops Further, Hits $0.68 Amid Ongoing Depeg

Synthetix USD (sUSD), the decentralized stablecoin backed by the Synthetix protocol, has sunk to fresh lows, sliding beneath $0.70 as it struggles to maintain its peg to the US dollar. Despite the decline, the team behind Synthetix emphasized that this isn’t unfamiliar territory. “Both Synthetix and sUSD have previously endured tough market conditions and volatility […]

Altcoins Could Gain Momentum in Q2 2025 Amid Positive Regulatory Shifts

Altcoins may be on track for a significant comeback in the second quarter of 2025, fueled by more favorable regulatory conditions, according to Swiss digital asset bank Sygnum. In its latest Q2 2025 market outlook, Sygnum noted that the regulatory environment for cryptocurrencies has improved “dramatically,” laying the groundwork for a strong rally in the […]