Shocking Amount of ETH Lost Forever Due to User Errors: Report

According to Coinbase Product Director Conor Grogan, as of January 31, 2025, at least 913,111 ETH has been lost due to mistakes made by holders. The lost tokens are worth approximately $3.43 billion, representing 0.76% of the circulating supply. Actual Losses Likely Much Higher Grogan shared his analysis on July 21 via a post on X, noting that if we include the 5.3 million ETH burned through EIP-1559, then more than 5% of the total supply ever created has been permanently destroyed. This translates to $23.42 billion worth of the cryptocurrency. The Coinbase executive added that this amount only covers ETH that is locked forever, which is much lower than what has been lost or is unreachable. “To be clear, this $3.4B+ number significantly undershoots the actual lost/inaccessible ETH amount,” he explained. For instance, the results do not account for all missing private keys or dormant wallets like forgotten Genesis wallets. His report also lists addresses and transaction details and reveals how each loss happened. The findings are based on verified on-chain data, including cases where the cryptocurrency was sent to irretrievable addresses, locked in malfunctioning smart contracts, or forfeited through wallet mismanagement. One of the most significant incidents highlighted occurred in 2017, when the Web3 Foundation wrote off 306,000 ETH after a bug in the Parity wallet let someone shut down a key part of the system, blocking access to those funds. Another case involved the Canadian exchange QuadrigaCX, which locked 60,000 ETH in a smart contract with no way to withdraw the funds. In 2022, the Akutars NFT project also trapped 11,500 ETH during a sale due to a smart contract flaw that stopped refunds from being sent to people. Additionally, more than 25,000 ETH has been collectively sent by users to a burn address for reasons that remain unknown. Ethereum Leads as Top Target for Hacks Elsewhere, CertiK’s “Hack3d” report for the first half of 2025 reveals that crypto investors lost $2.47 billion to security breaches, scams, and exploits, surpassing the total recorded in 2024. Ethereum was the most targeted blockchain, accounting for 175 separate incidents and $1.63 billion in stolen funds. Wallet compromises emerged as the most damaging form of breach, responsible for losses of up to $1.7 billion across just 34 incidents. On the other hand, phishing attacks were the most frequent, with 132 incidents resulting in the theft of $410 million from crypto users. The blockchain security firm says the network’s appeal to hackers is due to its leading role in decentralized finance (DeFi) and high volume of smart contract activity. Additionally, billions of dollars remain locked in Ethereum-based protocols, making them attractive targets for bad actors. The post Shocking Amount of ETH Lost Forever Due to User Errors: Report appeared first on CryptoPotato .

Read more

Polymarket set to reenter US with $112M acquisition of QCEX derivitives exchange

Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform.

Read more

SEC’s chair Paul Atkins says that Ethereum is not a security

Paul Atkins, chairman of the US Securities and Exchange Commission (SEC), has clarified that Ethereum is not a security. He said that securities laws will not apply to Ethereum. However, the SEC is yet to take a formal stance. According to Atkins, the SEC is informally classifying Ethereum in the same category as Bitcoin, branding them as commodities. He said , “Similar to Bitcoin, I mean the SEC has stated informally more than formally that Ether is not a security. And so but it’s obviously the ETH blockchain is a very key component for a lot of other digital currencies.” He also said that the ETH blockchain has created the foundation for many cryptocurrencies. Therefore, it cannot be removed from that bracket. The pro-crypto chairman also said that the company has the freedom to decide where they want to put their money and what sort of strategy they have, and that it wasn’t his place to tell them. According to him, this freedom will provide a good future for development. Ethereum escapes Ripple’s fate In May, it was revealed that the New York State Attorney General asked the SEC to openly declare that Ethereum was a security, not a commodity, during the state’s prosecution of KuCoin in 2023. Shamiso Maswoswe, chief of the Investor Protection Bureau for the New York AG, said, “We would like to request that the SEC file an amicus in support of the argument that Ether is a security.” She added, “Whether it is or not will not be dispositive in our case (we have authority over both securities and commodities) — but I think it would be beneficial to investor protection to get a court to hold that Ether is a security.” This was going to drag Ethereum to a path well known by Ripple. Initially, the SEC sued Ripple, claiming it raised over $1.3 billion through unregistered XRP sales. It classified XRP as a security. Since then, the legal battle has created uncertainty, impacting investor confidence and hindering XRP’s adoption. In addition, several exchanges delisted or suspended XRP trading due to the SEC’s claims. A coin that had great potential ended up being average. However, with all the strain, the coin remained at the top although its competitors ended up too far off. ETH and XRP lead the altcoin season This news comes at a time when institutional investors are embracing ETH. According to reports, Wall Street is piling into $ETH: $1B+ ETF inflows since July, BlackRock leading the charge. Ethereum Big Institutional Play Wall Street is piling into $ETH : $1B+ ETF inflows since July, BlackRock leading the charge. Staking adds 3–4% yield, making ETH attractive for conservative portfolios. Growing institutional confidence could define the next bull run. pic.twitter.com/bSK0VzPNaQ — InvestingHaven (@InvestingHaven) July 20, 2025 In addition, ETH ETFs are set to attain new all-time highs to catch up with Bitcoin ETFs after just breaking a new daily record for inflows. The news has increased Ethereum’s price to $3,782, making it the biggest altcoin to rise more than 25% in the last week. Atkins acknowledged the trend of corporate entities embracing ETH and other cryptocurrencies is “encouraging.” He added that the soaring institutional interest predicts a “good future” for development and innovation in the sector. On the other hand, XRP is trading at $3.59 with a 3.73% daily increase, a 22% increase in the last seven days. Also, its daily trading volume increased by 26%, reaching $10 billion. This increase is an indicator of investor interest in the token. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

Read more

Dogecoin Approaches Key $0.28 Resistance Zone With Potential for Rally Toward $0.42 Targets

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Dogecoin (DOGE) is

Read more

Analyst Il Capo, Who Was Wrong in His Prediction of a Major Crash, Reveals the Only Altcoin He Didn’t Sell During This Period

One of the most controversial analysts in the cryptocurrency world, il Capo of Crypto, has spoken out again after the market experienced a significant rise. In his previous statements, il Capo had shared that he expected a decline and made extremely bearish statements. In his latest statement, il Capo addressed the concerns of investors who hadn't entered the market before the rally. The analyst argued that those who missed the rally weren't missing an opportunity, adding that there will always be opportunities in the market, even better ones than before. Related News: Whales Are Very Active Today: Here Are the Altcoins They Are Trading The analyst, who has been a bear since May, stated that he still believes a major decline is imminent. However, he added that he expects a major recovery wave in October and November following the decline. He claimed that Bitcoin had failed to register its first month of approval by falling below $115,000. Speaking specifically about Solana, the analyst said that the coin is testing its old resistance between $170-$200, and the main target is still $60 to $80. Finally, speaking about Ethena (ENA), the analyst stated that ENA is one of the few altcoins he hasn't sold. He noted that if the bearish scenario develops, ENA could fall to $0.20, but he would buy even more in that scenario. *This is not investment advice. Continue Reading: Analyst Il Capo, Who Was Wrong in His Prediction of a Major Crash, Reveals the Only Altcoin He Didn’t Sell During This Period

Read more

GENIUS Act Poised to Reshape Global Stablecoin Landscape, Experts Say

Experts believe the recently passed GENIUS Act in the U.S. will significantly influence global stablecoin regulation, establishing compliance standards that non-U.S. issuers must meet to access U.S. financial systems. GENIUS Act Sets Global Stablecoin Precedent Experts suggest that the GENIUS Act, while a U.S. law, is poised to set a significant global precedent for stablecoin

Read more

17,443% Gains? Arctic Pablo’s Window Is Closing Fast, Top New Meme Coin to Invest in Now as Bonk and Shiba Inu Surge

Is it possible to still catch the next meme coin before it skyrockets? In the wild world of crypto, timing isn’t just everything; it’s the only thing. For those keeping a close eye on the market, Arctic Pablo Coin (APC) is generating seismic waves. With its presale breaking past the $3 million mark, investors are wondering: is this the moment to dive in before it erupts? Meanwhile, Shiba Inu continues to ride high with massive volume surges, and Bonk is igniting fresh excitement with a roaring $884M+ in daily trading. However, unlike these already established tokens, Arctic Pablo Coin is still in its presale, its golden entry window. And once this window shuts, it might never open at this price again. The clock is ticking. This article will cover the developments and updates of all three coins: Arctic Pablo Coin, Shiba Inu, and Bonk. Get in the Game: Win APC Tokens and USD in Arctic Pablo’s Electrifying Competitions There’s a new level of community engagement in crypto, and Arctic Pablo Coin stands out among the Top New Meme Coins to Invest in now for one compelling reason: its rewarding community competitions. Instead of just watching from the sidelines, participants can jump into Arctic Pablo’s ecosystem and earn real prizes, either in APC tokens or straight-up USD. That’s right, whether you’re a meme king, creative genius, or referral champion, there’s room to compete and win. What makes these competitions stand out? They’re not just a gimmick. Arctic Pablo Coin is cultivating a culture — a tribe — where contributions are recognized and rewarded. How often do you see a presale project already giving back to its early supporters? These competitions aren’t just fun, they’re strategic. They’re building hype, trust, and a vibrant community before the coin even launches. Could this approach be the secret sauce that sends APC flying past its peers? Arctic Pablo Coin shines among the Top New Meme Coins to Invest in Now , and this is just one of many reasons why. Stage 33 Is Heating Up: Arctic Pablo’s Window of Opportunity Is Narrowing Imagine this: you invest $1,250 now and walk away with $17,543.90 once APC lists at just $0.008. That’s not a dream, it’s the real-time projection based on Arctic Pablo Coin’s explosive presale math. With Stage 33 of the meme coin presale (Penguin Harbor) now open, and tokens priced at $0.00057, the project has already raised over $3.06 million, and momentum isn’t slowing down. For those keeping track, the ROI from this stage to launch is 1,303.51%, and that’s just the beginning. If market predictions come true and Arctic Pablo Coin hits the anticipated $0.1 price, the returns stretch beyond 17,443.86%. Early supporters who joined at earlier stages are already staring down a 3700% return. The numbers don’t lie, but time is not on your side. The supply is finite. The demand is surging. The price is climbing. Arctic Pablo Coin shines among the Top New Meme Coins to Invest in Now, and if you blink, this presale window may slam shut before you can act. So, what are you waiting for? The iceberg is melting, and under it lies gold. Shiba Inu Fires Up: Volume Crosses Half a Billion The Shiba Inu buzz is far from over. With today’s price holding strong at $0.00001571 and a mind-blowing 24-hour volume of over $546 million, Shiba Inu is once again proving its resilience in the meme coin market. A surge in whale activity and community-driven campaigns is fueling this comeback story, as SHIB positions itself for another breakout moment. Could this volume spike signal a new bull wave? Traders and long-term holders are watching closely. As the meme economy grows, coins like SHIB remind everyone why they matter. And with this much action, sitting on the sidelines might mean missing the boat completely. The early bird gets the worm, and in this case, the gains. Bonk Ignites: $884M in Volume Sends a Strong Signal Bonk isn’t just barking, it’s biting. With a live price of $0.00003495 and an explosive $884 million in 24-hour volume, the Solana-based meme token is seeing a frenzy of renewed interest. Traders are jumping in to capitalize on the momentum, and Bonk’s ecosystem is becoming more than just noise; it’s delivering. The recent surge hints at broader adoption and real engagement, two things meme coins desperately need for sustainability. While others are peaking and fading, Bonk is proving it still has fire in the tank. The message is clear: miss this train, and you might be left standing on the platform. Final Words: All Eyes on Arctic Pablo as the Presale Race Nears Its Final Lap Meme coins are back, but this time, timing is critical. Shiba Inu is showing strong market engagement, and Bonk is surging with remarkable trading volume. However, among them, Arctic Pablo Coin stands out as one of the Top New Meme Coins to Invest in now for one unbeatable reason: its red-hot presale with unmatched ROI potential. As Stage 33 heats up and early investors count their potential returns in five figures, there’s no question that Arctic Pablo is building something powerful. Its unique competitions, generous rewards, and relentless upward trajectory position it as more than just another meme token; it’s becoming the opportunity of 2025. Arctic Pablo Coin shines among the Top New Meme Coins to Invest in Now, and the window is rapidly closing. Anyone waiting for the “perfect time” may soon find they’ve missed the biggest wave of the year. For More Information: Arctic Pablo Coin: https://www.arcticpablo.com/ Telegram: https://t.me/ArcticPabloOfficial Twitter: https://x.com/arcticpabloHQ Frequently Asked Questions What is Arctic Pablo Coin (APC) and how does it work? Arctic Pablo Coin is a new meme coin project currently in its presale phase. It combines community competitions, referral rewards, and a strong roadmap to offer value and potential high ROI to early supporters. How can users earn rewards through Arctic Pablo Coin? Users can participate in community competitions to win APC tokens or even USD. These challenges are designed to boost engagement and reward loyal contributors. What is the current presale price of Arctic Pablo Coin? As of now, Arctic Pablo Coin is priced at $0.00057 during its Stage 33 presale. With a listing price of $0.008, this gives investors a potential ROI of 1303.51%. How does Arctic Pablo Coin compare to other meme coins? While established coins like Shiba Inu and Bonk have seen major growth, Arctic Pablo Coin shines among the Top New Meme Coins to Invest in Now due to its unique features, fresh entry point, and high potential returns. Is it too late to invest in Arctic Pablo Coin? Not yet. But the presale is progressing quickly. The earlier one joins, the greater the potential returns. With only limited tokens available per stage, hesitation could mean missing out on major gains. Article Summary Arctic Pablo Coin shines among the Top New Meme Coins to Invest in Now thanks to its electric presale, creative community competitions, and staggering ROI potential. As Shiba Inu and Bonk show strength in market volume, Arctic Pablo’s still-unfolding presale offers something the others can’t: a chance to get in before the market catches on. This may just be the next big meme coin opportunity of 2025. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post 17,443% Gains? Arctic Pablo’s Window Is Closing Fast, Top New Meme Coin to Invest in Now as Bonk and Shiba Inu Surge appeared first on Times Tabloid .

Read more

US Congress Moves Forward on Digital Asset Regulations, Expect MAGACOIN Finance to Rally

MAGACOIN FINANCE is leading the new era of compliance-first crypto investing, emerging as the strategic entry for investors determined to get ahead of America’s next wave of digital asset adoption . With U.S. Congress accelerating new regulations, the market is shifting fast, and the biggest gains will go to those who secure their place before the next phase of public listings. The U.S. policy shift has since spurred a surge of capital into altcoins, with MAGACOIN FINANCE seeing record inflows. The project stands out with a model grounded in transparency, community governance, and long-term investor confidence. For those paying attention to the trajectory of regulated digital finance, this is one of the cycle’s most compelling opportunities. MAGACOIN FINANCE Aligns with the Next Era of Digital Finance MAGACOIN FINANCE is quickly emerging as one of the most compelling early-stage plays in today’s evolving crypto market. Built on a foundation of transparency and community governance, the project reflects where the digital asset space is headed: toward greater accountability, long-term utility, and cultural relevance. As U.S. regulations accelerate and institutional capital begins shifting toward infrastructure-backed assets, MAGACOIN FINANCE is gaining traction with investors looking to position ahead of the next wave. For those tracking both policy and momentum, this moment represents a rare opportunity to act before wider market participation reshapes the landscape. Investor confidence is further reinforced by MAGACOIN FINANCE’s independently audited framework and active rollout of new features, including recent upgrades that improve wallet interoperability and user control. As attention continues to build, analysts are increasingly flagging MAGACOIN FINANCE as a project that could deliver 42000% to investors in the short term. For investors seeking clarity, cultural relevance, and meaningful upside, the time to move is now. Congress Sets the Stage for a Regulated Crypto Future In a landmark shift, the U.S. House of Representatives has passed three major crypto bills aimed at bringing clarity to digital asset regulation. The GENIUS Act sets federal standards for stablecoins, requiring full backing by low-risk assets. The Digital Asset Clarity Act addresses the long-standing SEC vs. CFTC jurisdiction issue, while a third bill blocks the Federal Reserve from launching a centralized digital currency—signaling strong support for decentralized finance. Dubbed “Crypto Week” on Capitol Hill, the legislation marks a turning point for the industry. With bipartisan momentum and vocal backing from President Trump, the U.S. is positioning itself as a global leader in compliant, innovation-driven crypto finance. Altcoin Surge Builds as U.S. Crypto Legislation Lifts Markets Market confidence has surged in response to the U.S. crypto regulation breakthroughs. Bitcoin briefly crossed the $120,000 mark before consolidating just below. Ethereum rose nearly 8% in a single session, boosted by record-setting ETF inflows. XRP set a new all-time high above $3.60 amid bullish speculation and futures activity. Solana, Cardano, Dogecoin, and other major assets followed with strong double-digit gains. This rally goes beyond headlines. Investors are rotating capital into projects with strong narratives and credible structures. MAGACOIN FINANCE is increasingly part of that conversation—positioned where cultural energy meets institutional-grade design. MAGACOIN Positioned as Early Entry in Post-Regulation Crypto Era With the U.S. advancing crypto regulation and market momentum accelerating, MAGACOIN FINANCE offers a rare alignment of transparency, timing, and upside potential. Recent strong performance has placed the token firmly on analysts’ radars, highlighting growing investor conviction. The early access window remains open—for now. But with institutional attention rising and investor demand building, the opportunity to enter before major exchange exposure and broader market adoption may not last. For those seeking a high-conviction position in the next phase of digital finance, MAGACOIN FINANCE is increasingly difficult to ignore. Final Thoughts The intersection of strong legislative progress and rising investor confidence has created a unique moment in the crypto market—and MAGACOIN FINANCE is firmly in the spotlight. With compliance, credibility, and momentum aligning, this project offers more than potential—it offers investors a chance to As regulatory clarity reshapes the playing field, the assets that lead will be those that reflect the future. For forward-looking investors, MAGACOIN FINANCE represents not just an opportunity—but a signal of where the market is headed next. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: US Congress Moves Forward on Digital Asset Regulations, Expect MAGACOIN Finance to Rally

Read more

SNX price prediction 2025-2031: Is SNX a good investment?

Key takeaways : The average SNX price prediction for 2025 is $0.883. In 2028, it will range between $2.48 and $2.83, with an average price of $2.65. In 2031, it will range between $4.24 and $4.60, with an average price of $4.42. SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain. Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis. Overview Cryptocurrency Synthetix Abbreviation SNX Current Price $0.768 (+3.22%) Market Cap $264.17 Million Trading Volume (24-hour) $24.22 Million Circulating Supply 339.88 Million SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5, 2019) 24-hour High $0.7803 24-hour Low $0.7331 SNX price prediction: Technical analysis Metric Value Price Volatility (30-day Variation) 9.26% 50-day SMA $0.635616 200-day SMA $0.939454 Sentiment Neutral Fear & Greed Index 71 (Greed) Green Days 19/30 (63%) Synthetix price analysis TL;DR Breakdown: Synthetix coin price analysis confirmed an uptrend as the price increased to $0.768. Cryptocurrency gains 3.22% of its value. SNX coin to face resistance around $0.784. On July 21, 2025, Synthetix Coin price analysis revealed a bullish trend for the cryptocurrency. The altcoin’s value increased to $0.768 in the past 24 hours. From an overall perspective, the cryptocurrency gained up to 3.22% of its value. The altcoin’s price action has been bullish since the past week, and the market still presents a favorable outlook for investors, as the altcoin is gaining value. SNX/USD 1-day chart: SNX continues bearish momentum at $0.624 The one-day price chart of Synthetix coin confirmed an upward market trend for the altcoin. The cryptocurrency value has increased to $0.768 over the day. Green candlesticks on the price chart signify the presence of buyers’ support at the current price level. The distance between the Bollinger Bands defines the volatility. This distance is increasing, leading to higher volatility. Moreover, the upper limit of the Bollinger Bands indicator, indicating a previous resistance, has shifted to $0.766. Its lower limit, serving as support, has moved to $0.515. SNX/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator curve is trending in the overbought zone, currently at 72.63. This situation suggests that the SNX price is increasing; however, selling pressure can take over the market as the altcoin is overbought. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix Coin referred to a sluggish bullish trend in the market. The SNX/USD value has slightly increased to $0.768 in the past few hours. The increasing volatility is suggestive of a higher chance of an upcoming reversal. The Bollinger bands are diverging, leading to increasing volatility. This increase in volatility signals a higher market unpredictability. Moving ahead, the upper Bollinger band has shifted to $0.792, marking the resistance. Its lower Bollinger band has moved to $0.673, showing support. SNX/USD 4-hour price chart. Source: TradingView The RSI indicator is trending in the neutral region. Its value has stepped up to index 66.18 in the past four hours. The upward curve on the RSI graph reflects returning buying momentum. The bulls had been ruling the price chart for the past few hours, as the price has been slowly recovering. This has resulted in a relatively balanced trading setup for investors. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 0.696532 BUY SMA 5 0.708583 BUY SMA 10 0.70174 BUY SMA 21 0.649116 BUY SMA 50 0.635616 BUY SMA 100 0.708814 BUY SMA 200 0.939454 SELL Daily exponential moving averages Period Value ($) Action EMA 3 0.639106 BUY EMA 5 0.642549 BUY EMA 10 0.660837 BUY EMA 21 0.698902 BUY EMA 50 0.819024 SELL EMA 100 1.054094 SELL EMA 200 1.376777 SELL What can we expect from the SNX price analysis next? Synthetix Coin price analysis shows an upward trend regarding the ongoing market events. The coin value has increased to $0.768 in the last 24 hours. If the bullish momentum continues, the SNX price might retest resistance at the $0.784 level. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as seen in Cryptopolitan’s SNX price predictions from 2025 to 2031. It is expected that SNX will reach $4.01 by 2030. Why is SNX up? The cryptocurrency market is in a bullish mode, and SNX is following suit. From a larger perspective, the token is getting positive sentiment as the SNX price increased to $0.768, gaining 3.22% of its total value in the last few hours. What is the target price for SNX? The target price for SNX is $1.06 for the current year. Will SNX reach $5? The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach near $5 by 2031. Will SNX reach $6? According to SNX price prediction, SNX will reach near the $6 level after 2031. The last time SNX was seen at the $6 level was April 2022. Will SNX reach $10? According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like far target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years. How high can SNX go? The highest expected price for SNX is $4.60, which it will achieve in 2031. Does SNX have a future? SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $4.60 by the end of 2031, the asset appears to be a worthwhile investment. Recent news/ updates on SNX Synthetix said in a post that Infinex users can now connect their wallets without any extensions and stake SNX tokens on Infinex. Users’ already existing wallets on Infinex will work as connected wallets with external apps, and they will be able to carry their portfolio along the way. No extensions. No switching wallets. Just stake SNX on @infinex . https://t.co/GGfrapPRRC — Synthetix ⚔️ (@synthetix_io) July 1, 2025 SNX price prediction July 2025 This month, SNX is expected to reach a high of $0.741, with an average price of $0.606 and a minimum trading price of $0.455. Month Potential Low ($) Potential Average ($) Potential High ($) July $0.455 $0.606 $0.741 SNX price prediction 2025 The price of SNX is predicted to reach a minimum value of $0.372 by Q4 of 2025. Traders can anticipate a maximum value of $1.06 and an average trading price of $0.883. Year Potential Low ($) Potential Average ($) Potential High ($) 2025 $0.372 $0.883 $1.06 SNX price prediction 2026 – 2031 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 1.30 1.47 1.65 2027 1.89 2.06 2.24 2028 2.48 2.65 2.83 2029 3.06 3.24 3.42 2030 3.65 3.83 4.01 2031 4.24 4.42 4.60 Synthetix price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $1.30 and $1.65, with an average trading price of $1.47. Synthetix price prediction 2027 The Synthetix Network token price prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $1.89 and $2.24, with an average of $2.06. Synthetix price prediction 2028 According to our Synthetix Network token price prediction for 2028, we expect a maximum price of Synthetix to be $2.83, a minimum price of $2.48, and an average price of $2.65. Synthetix price prediction 2029 According to the Synthetix price prediction for 2029, the price of SNX will range from $3.06 to $3.42, with an average price of $3.24. Synthetix price prediction 2030 The Synthetix Network token price prediction for 2030 indicates the price will range between $3.65 and $4.01. The average Synthetix price forecast is $3.83. SNX price prediction 2031 The Synthetix forecast for 2031 is a high of $4.60. According to the SNX coin price prediction, it will reach a minimum price of $4.24 and average at $4.42. Synthetix (SNX) price prediction 2025 – 2031 Synthetix market price prediction: Analysts SNX price forecast Firm 2025 2026 DigitalCoinPrice $1.29 $1.51 CoinCodex $0.596 $0.644 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $1.06 by the end of 2025. SNX is expected to trade between $1.30 and $1.65 in 2026. In 2031, SNX will be priced between $4.24 to $4.60 with an average price of $4.42. Synthetix historic price sentiment SNX price history. Source: Coinmarketcap Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Different from most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from the $2.01 to $1.65 range. In August 2024, the SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while December saw a stream of improved prices with a peak price of $3.38. During the remainder of December, SNX kept shedding its value, and it entered 2025 with a wave of correction to $1.90. The average price of the SNX token was 1.74 in January and has since corrected to $1.20 in February. In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range. In May 2025, it saw some recovery to $0.926, improving its market capitalization, and at the start of July, the token is trading near $0.57 as the current Synthetix sentiment is bearish.

Read more

South Korea Crypto Lending: Crucial Steps to Safeguard Investors

BitcoinWorld South Korea Crypto Lending: Crucial Steps to Safeguard Investors The world of cryptocurrency is a whirlwind of innovation and opportunity, but with great potential comes great responsibility, especially for financial authorities. If you’re invested in the digital asset space, particularly within the dynamic Asian market, then the latest developments from South Korea are something you absolutely need to pay attention to. South Korea, a major player in the global crypto arena, is now setting its sights on regulating South Korea crypto lending services, a move that could significantly reshape how digital assets are traded and secured. This isn’t just about minor adjustments; it’s about building a robust framework to protect investors from the inherent risks of high-leverage products and speculative practices like short selling, which have long been common in traditional finance but largely unregulated in crypto. Understanding the Landscape: Why South Korea Crypto Lending Needs Regulation For years, the burgeoning cryptocurrency market has operated with a relatively light touch from regulators, especially when it comes to sophisticated financial products like crypto lending. While this freedom has fostered rapid innovation, it has also created significant vulnerabilities. In South Korea, authorities have grown increasingly concerned about the proliferation of high-leverage products offered by prominent local exchanges such as Upbit and Bithumb. These platforms, while popular, have been operating without a clear legal framework governing lending activities, leaving investors exposed to substantial risks. Think of it this way: in traditional stock markets, short selling – betting on a price decline – is heavily regulated. There are rules about borrowing shares, collateral requirements, and transparency. In the crypto world, similar lending and borrowing mechanisms, often used for short selling or highly leveraged trading, have lacked such oversight. This absence of regulation means: Increased Volatility Risk: High leverage can amplify both gains and losses, leading to rapid liquidations and market instability. Lack of Investor Protection: Without clear rules, investors have limited recourse in cases of platform insolvency, technical glitches, or predatory lending practices. Systemic Risk: Uncontrolled leverage across multiple platforms could pose a systemic risk to the broader financial ecosystem if a major market downturn occurs. The urgency for regulation stems from a desire to mature the market, bringing it closer to the standards of traditional finance while still allowing for innovation. The goal is not to stifle growth but to ensure it happens responsibly, with a strong emphasis on investor safeguarding. This proactive stance on South Korea crypto lending is a clear signal that the nation is serious about creating a safer environment for its digital asset participants. The Regulatory Push: What’s Driving South Korea Crypto Lending Rules? The push for tighter regulations on South Korea crypto lending is a direct response to a growing recognition of the risks involved. Financial authorities are acutely aware that while crypto offers immense potential, the current lack of a legal framework for services like lending and short selling leaves a gaping hole in consumer protection. The current situation is akin to a Wild West scenario, where platforms operate largely based on their own internal policies rather than standardized, legally binding rules. The main drivers behind this regulatory urgency include: Protecting Retail Investors: Many individual investors, drawn by the allure of high returns, may not fully comprehend the complex risks associated with leveraged trading and crypto lending. Regulators aim to shield them from potential financial ruin. Ensuring Market Stability: Uncontrolled leverage and speculative activities can exacerbate market downturns, creating a domino effect that could impact the wider financial system. Regulation seeks to mitigate this systemic risk. Combating Illicit Activities: A lack of clear rules can inadvertently create loopholes for money laundering and other financial crimes. Establishing a robust framework helps in monitoring and preventing such activities. Aligning with Global Standards: As other major economies move towards comprehensive crypto regulation, South Korea is keen to keep pace, ensuring its financial markets remain credible and competitive on the global stage. Despite the clear need, the path to full legislation is not straightforward. Experts anticipate that developing and implementing a comprehensive legal framework could take anywhere from one to two years. This timeline highlights the complexity of crafting rules for a rapidly evolving technological and financial landscape. In the interim, authorities are exploring various measures to bridge this gap, ensuring that some level of oversight is in place while the full legislative process unfolds. This dual approach underscores the government’s commitment to immediate action while building for the long term in South Korea crypto lending . How Will New South Korea Crypto Lending Guidelines Impact You? The anticipated regulations on South Korea crypto lending are set to introduce significant changes, impacting both crypto exchanges and individual investors. While full legislation is a few years away, interim guidelines and the potential for self-regulation are already on the table. This means changes could start to trickle down sooner than you think. Here’s a breakdown of what these new guidelines might entail and their potential impact: Aspect Current Landscape (Pre-Regulation) Anticipated Changes (Post-Regulation) Leverage Limits Often high, with platforms offering significant multipliers on trades. Exchanges urged to limit leverage, reducing exposure to extreme volatility. Investor Protections Limited legal recourse; terms set by individual platforms. Enhanced investor safeguards, potentially including clearer risk disclosures, cooling-off periods, and compensation mechanisms. Transparency Varies by platform; often opaque regarding lending pool sources and risks. Increased transparency requirements for lending services, including collateralization and liquidation processes. Platform Accountability Primarily self-governed, with limited external oversight on lending. Greater regulatory scrutiny; potential for fines or sanctions for non-compliance; possibility of self-regulation frameworks overseen by industry bodies. Product Offerings Wide array of high-risk products available without strict checks. Potential restrictions or stricter vetting for high-risk lending products, especially those akin to short selling. For investors, this means a potentially safer, albeit possibly less speculative, environment. While the thrill of extreme leverage might diminish, the trade-off is a more secure investment landscape where your assets are better protected. Exchanges like Upbit and Bithumb will need to adapt their business models, focusing more on compliance and investor education. This shift is crucial for fostering long-term trust and attracting a broader, more conservative investor base into the digital asset market. Navigating the Future: The Path Ahead for South Korea Crypto Lending The journey towards comprehensive regulation for South Korea crypto lending is an evolving process, characterized by a blend of urgency and careful deliberation. The immediate focus is on implementing interim guidelines that can provide a stop-gap solution to current risks, while the longer-term objective involves crafting a robust legislative framework. This phased approach allows regulators to respond to immediate concerns while developing well-thought-out policies that can stand the test of time. Key aspects of this future path include: Interim Guidelines: These are expected to be issued relatively soon, providing immediate direction to exchanges on practices like leverage limits and risk disclosures. These aren’t full laws but strong recommendations that exchanges will be pressured to adopt. Self-Regulation Initiatives: The industry itself may play a significant role. Exchanges could be encouraged, or even mandated, to develop self-regulatory frameworks. This would involve establishing industry best practices, codes of conduct, and internal compliance mechanisms, often under the watchful eye of a government-appointed body. Legislative Development: The 1-2 year timeline for full legislation indicates a thorough process involving multiple stakeholders, including financial experts, legal professionals, and industry representatives. The aim is to create laws that are effective, enforceable, and adaptable to future innovations in the crypto space. Global Collaboration: South Korea’s regulators will likely observe and learn from regulatory approaches in other leading crypto jurisdictions. This international perspective can help them design rules that are both locally relevant and globally aligned, fostering a more harmonious international crypto market. For those involved in the South Korean crypto market, staying informed and adapting to these changes will be paramount. Investors should prioritize platforms that demonstrate a commitment to compliance and investor safety, even before full regulations are in place. For exchanges, proactive engagement with regulators and early adoption of best practices will be key to navigating this transformative period successfully. This regulatory evolution is not just about control; it’s about legitimizing the crypto space, making it safer, more transparent, and ultimately, more sustainable for everyone involved. A Secure Horizon: The Promise of Regulated Crypto Lending The steps being taken by South Korea to regulate South Korea crypto lending services mark a pivotal moment for the nation’s digital asset market. While the road to full legislation may be long, the commitment to enhancing investor protection and mitigating risks associated with high-leverage products is clear and unwavering. This proactive approach, driven by concerns over practices akin to short selling in traditional markets, signals a maturing industry where accountability and transparency are becoming paramount. As interim guidelines are rolled out and a comprehensive legal framework takes shape, investors can look forward to a more secure and predictable environment. This regulatory evolution is not merely about compliance; it’s about building trust, fostering sustainable growth, and solidifying South Korea’s position as a responsible leader in the global cryptocurrency landscape. The future of crypto in South Korea appears to be one where innovation is balanced with robust safeguards, ensuring a safer journey for all participants. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Frequently Asked Questions (FAQs) Here are some common questions about South Korea’s new crypto lending regulations: Q1: What exactly are South Korea’s financial authorities planning to regulate? A1: South Korea’s financial authorities are planning to regulate crypto lending services, particularly those involving high-leverage products and practices similar to short selling found in traditional financial markets. This includes services offered by major exchanges like Upbit and Bithumb. Q2: Why is South Korea focusing on crypto lending regulation now? A2: The primary reasons are concerns over high-leverage products that expose investors to significant risks, the current lack of a legal framework for these services, and the need to enhance investor protection and market stability. They aim to prevent potential financial harm to retail investors. Q3: How long will it take for full legislation to be implemented? A3: Full legislation is expected to take approximately one to two years to be developed and implemented. In the interim, regulators are urging exchanges to adopt interim guidelines and explore self-regulation to address immediate concerns. Q4: How will these new rules impact crypto exchanges in South Korea? A4: Exchanges like Upbit and Bithumb will likely be required to limit the leverage offered on their platforms and enhance their investor protection measures. They will need to increase transparency and comply with new interim guidelines, potentially leading to adjustments in their product offerings and operational models. Q5: What does “short selling risks” mean in the context of crypto? A5: In crypto, “short selling” often involves borrowing digital assets to sell them, hoping to buy them back at a lower price later to profit from the difference. This practice, especially when combined with high leverage, can lead to amplified losses if the market moves against the trader, posing significant risks that regulators aim to mitigate. Found this article insightful? Share it with your network! Help spread awareness about the crucial regulatory changes happening in the South Korean crypto market and empower others with knowledge about investor protection. Your share makes a difference! This post South Korea Crypto Lending: Crucial Steps to Safeguard Investors first appeared on BitcoinWorld and is written by Editorial Team

Read more