Cryptocurrencies rose on Tuesday as traders started moving back to the market. Bitcoin, which sets the tone in the crypto industry rose to a high of $61,453, its highest point since August 14 and 24% above its lowest point this year. This recovery means that Bitcoin has moved into a local bull market.

Syscoin (SYS) has experienced a dramatic price surge of over 78%, driven by the introduction of SYSUSDT futures trading on Binance.

Syscoin, one of the oldest blockchain platforms in the world, has been accused of an ongoing conspiracy to manipulate the SYS token supply and allegedly defraud investors through Syscoin Foundation. The project, which started in 2014, said it wanted to combine the best features of Bitcoin and Ethereum.

Liquity, a Decentralized Finance (DeFi) lender is prepared to undergo a “friendly fork” as part of its v2 upgrade. Liquity v2 Set to Fix v1 Shortcomings In a blog post, the protocol stated that it decided to go through the friendly fork after an intense reflection on the history of its v1.

Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers.

Liquity v2 allows borrowers to set interest rates independently, fostering a competitive lending environment.

Story Highlights The live price of SYS token is Syscoin price might hit a maximum of $0.29 by the end of 2024. SYS token with a potential surge could go as high as $1.26 by the end of 2030. Over the past year, the cryptocurrency market has experienced remarkable growth.

TL;DR Liquity is preparing to launch a redesigned protocol by the end of 2024 to address the limitations of its current offering. The new protocol will include innovative features such as support for Liquid Staking Tokens (LST) as collateral, dynamic interest rates, and a revamped liquidation system.

Syscoin's zkDA mechanism looks to pave the way for a new era of interoperability on Bitcoin.

Binance has recently broadened its trading horizon by integrating three new altcoins into its margin trading sector. The latest additions to this dynamic platform are Game Fantasy Token (GFT), Contentos (COS), and Syscoin (SYS).

Altcoins have become one of the most preferred ways for crypto investors to secure massive gains in the industry especially given Bitcoin's massive growth rate in the last decade. Because a lot of these altcoins have significantly smaller market caps, they tend to have a lot of runway for growth, making them an enticing option.

Liquity, a decentralized borrowing protocol, has seen its native token LQTY rally 80% over the last month, contrasting with sluggish performance in the broader cryptocurrency markets.

After a rejection from the range highs, Liquity price prediction is not looking bullish. It needs to gain strength above $1.47 to become bullish.

Liquity Price has broken above the range highs of $0.838. If bulls gain momentum, I expect a retest of the $1 level very soon.

Liquity has tons of eth in its smart contract, but not doing much with it as it is not translating to token value.

The team behind decentralized stablecoin protocol Liquity lifted the curtain on a long-awaited sequel to its ether-backed LUSD on Monday, this time using staked ether as collateral and a new reserve mechanism.

Top 5 altcoins to watch in the crypto market in July 2023: An important Ethereum conference will be held on July 5-9. A Radix (XRD) upgrade will go live while SysCoin (SYS) will release its public mainnet.

Sys Labs, the developer behind the Syscoin blockchain, which aims to combine Ethereum-style programmability with Bitcoin's security, has launched a “layer 2” network called Rollux for cheaper and faster transactions.

The 1-inch exchange will be the first major protocol to release tokens this week on May 1. However, with only 21,429 tokens issued, there is unlikely to be a significant impact on token prices.

A widely followed crypto strategist believes that four altcoins running on the Ethereum (ETH) network could outperform the broader crypto markets in the next leg up. Psuedonymous analyst Altcoin Sherpa tells his 194,500 Twitter followers that he has his radar locked on cross-chain bridge protocol Stargate Finance (STG).

Cointelegraph Markets Pro's latest VORTECS™ Report reveals the advanced indicators members used to realize outsized crypto market gains.

A popular crypto strategist believes that Ethereum (ETH) will catch up with Bitcoin's (BTC) performance and ultimately begin outpacing the top crypto asset by market cap. Pseudonymous analyst Altcoin Sherpa tells his 193,300 Twitter followers that he's keeping an eye on the chart of Ethereum against Bitcoin (ETH/BTC).

Cointelegraph Markets Pro's VORTECS™ Score, NewsQuakes™, Tweet Volume and Most Active On-Chain indicators helped subscribers identify four profitable trades.

Traders look more closely at decentralised censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD.

December 21, 2022 – Eindhoven, Netherlands Syscoin, a decentralized and open-source project founded in 2014, has announced a long-term partnership with WEconomy, the largest Web 3.0 incubator in Asia. The move marks a significant expansion milestone for the Syscoin ecosystem and adoption across Asia.

Singapore - 29/09/22 - Syscoin, the veteran blockchain network which provides developers with secure and scalable infrastructure solutions, has released its first rollup solution, Rollux OPv1, on the public testnet.  Rollux is Syscoin's in-house rollup suite, and it's the only rollup in the world backed by Bitcoin's gold standard PoW security.

Over the past year, the cryptocurrency market has experienced remarkable growth. Due to numerous projects becoming marginalized in the market, many have transformed the entire scenario. One such project is Syscoin. It employs a blockchain network to abolish the necessity for financial intermediaries.

As the blockchain industry starts gaining strength again, there has been a surge in the demand for underrated cryptocurrencies.

Syscoin is positioned to be the first platform to offer Layer 1 data availability in combination with a cross-chain, EVM-compatible ZK rollup.

Syscoin and Thorchain are two key platforms revolutionizing ETH, BTC. The Syscoin team is focusing hard on rolling out its new smart contract.

The decentralized finance (DeFi) platform, Luxy, unveiled its first NFT marketplace on the Syscoin network. Accordingly, Luxy is also the first NFT marketplace to be hosted on Syscoin, making it a milestone worth celebrating for the platform.

Starting with optimistic rollups, Syscoin's Rollux suite will enable layer 2 scaling technologies on top of Syscoin's Bitcoin-secured smart contracts. EINDHOVEN, Netherlands--(BUSINESS WIRE)--Syscoin, a state-of-the-art base layer protocol that unique...

Syscoin, a scalable blockchain protocol designed to allow for fast and secure applications, has released its Layer 2 rollup suite dubbed Rollux to enable native or cross bridge apps to tap into Web3 services. The feature is part of Syscoin's march towards the release of its ‘Phase 2: Rollups' and will see projects benefit from […] The post Syscoin releases Layer 2 Rollup Suite dubbed Rollux appeared first on Invezz.

Syscoin has launched its Layer 2 rollup suite that aims to help Web3 projects scale up. We discuss how this could impact the market.

Syscoin launches a comprehensive in-house Layer 2 rollup suite Rollex.

Syscoin has launched its Layer 2 rollup suite that aims to help Web3 projects scale up. We discuss how this could impact the market.

Syscoin prices are firm, adding 10 percent. SYS crypto prices are above the middle BB with relatively high trading volumes.