The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

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DYDX has experienced a remarkable increase, gaining over 38% in the last 24 hours. This impressive performance has positioned it as the second-best performing cryptocurrency among the top 100 by market capitalization, according to Coin Market Cap.

The crypto market is currently valued at $2.36 Trillion and has started the 3rd week on a positive note by adding 0.68% to its valuation. Further, with Bitcoin price stabilizing above the $69,000 level, top blockchains have gained significant traction over the past few days.

dYdX surges 38%, bullish momentum continues as liquidity builds towards $2 target.

The native token of dYdX, a decentralized trading platform, recorded an impressive rally despite the whale selloff. dYdX (DYDX) surged 29% in the past 24 hours and is trading at $1.28 at the time of writing.

On October 19 DYDX price was $0.96. However, in the last 24 hours, the native token of the decentralized protocol has jumped by 30%.

London, UK, 17th October 2024, Chainwire

This new platform allows you to place bets on whether Donald Trump will win or lose the election. It offers an interesting way to do so with leverage.

The decentralized finance (defi) platform Dydx has introduced a new prediction market allowing traders to speculate on Donald Trump's chances in the 2024 U.S. presidential election. The decentralized platform enables users to leverage positions in a perpetual trading market tied to election results.

The dYdX Foundation, a decentralized governance platform, has announced the launch of a Trump Prediction Market perpetual on the dYdX platform, according to the information disclosed to Finbold on Tuesday, October 15.

dYdX has launched Trump Prediction Market Perpetuals, enabling traders to leverage positions on Donald Trump's prospects in the 2024 US Presidential Election. The decentralized exchange introduced this market following a governance proposal approved by the dYdX community on Oct. 9.

This decentralized market allows traders to take long or short positions based on their predictions for Donald Trump's electoral prospects.

The dYdX Foundation has introduced a new derivatives product pegged to the outcome of the 2024 U.S. presidential election.

dYdX Foundation launched the dYdX Trump perp prediction market for the 2024 U.S. election, allowing traders to speculate on Donald Trump's chances of winning.

The U.S. election is the most anticipated political event in the world and is scheduled for November 5. dYdX Foundation has incorporated a perpetual market on its trading platform based on the upcoming elections to mirror Donald Trump's performance when the ballot has been decided.

dYdX launches prediction markets with up to 20x leverage on its chain through integration with Polymarket, offering new speculative opportunities.

After founding dYdX Trading, Juliano noted that his motivations for serving as CEO have shifted during his time at the company.

Antonio Juliano, the founder of dYdX, officially returned as CEO on Thursday, October 10, 2024, following a six-month hiatus, to tackle the company's challenges and navigate the growing competitive pressures in the market.

Antonio Juliano, the founder of decentralized exchange dYdX, has announced his return as CEO just six months after stepping down from the position. Juliano's comeback comes at a crucial time for the company, which has faced major challenges.

dYdX founder Antonio Juliano has resumed his role as CEO of the company, returning after a six-month hiatus following his resignation in May.

Antonio Juliano has returned as CEO of dYdX, six months after stepping down, emphasizing the need for founder-led leadership.

dYdX v6 upgrade is now completed with new features like a Market Mapper, revenue-sharing mechanisms, and personalized vault parameters.

dYdX Trading Inc. announces the sunset of its v3 product to focus on the development of dYdX Chain software, marking a new chapter in decentralized finance.

dYdX Trading Inc., a pioneer in perpetual markets, is planning to discontinue the dYdX v3 platform by the end of October.

dYdX Trading will shut down the dYdX v3 platform on October 28, 2024, to make way for the new “dYdX Unlimited” platform launching this fall.

Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx's goal to broaden participation in decentralized trading.

dYdX's move into prediction markets could significantly boost DeFi's appeal and market share by offering unique, leveraged trading opportunities. The post dYdX prepares to bring perpetual futures to prediction markets appeared first on Crypto Briefing.

dYdX is expanding into prediction markets with perpetual futures, introducing permissionless market listings. CEO Charles d'Haussy emphasizes the need for distinct features in DeFi.

Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d'Haussy said.

dYdX has announced the integration of the Keplr Wallet, allowing over 1 million users to access its decentralized trading platform across more than 130 markets. This collaboration between dYdX Chain and Keplr simplifies the onboarding process, letting users connect their wallets and start trading in just three clicks.

Keplr's integration with dYdX will allow Keplr users to interact directly with dYdX's decentralized trading platform while retaining full control of their assets.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

dYdX has embarked on a recovery push amid growth in buying pressure, but a cluster of sell orders threatens its potential for further rise.

Despite the top names like Bitcoin and Ethereum struggling for a bounce back, the altcoins are back in action. Amid the top performers, the DyDx price trend teases a breakout run for a high-momentum bull run worthy of igniting FOMO among traders.

The cryptocurrency landscape is proving to be a mixed bag. While some digital assets are experiencing bullish momentum, others like DYDX are enduring significant price setbacks.

Amidst the increasing broader market volatility, altcoins maintain a polarizing approach. While some ride the bullish highway, altcoins like DYDX have witnessed a massive price drop over the weeks. As the downtrend continues, the following support levels are potential buying spots to capture the bottom.

The integration enhances user access to secure, efficient staking, bolstering participation in the blockchain ecosystem and expanding market reach. The post P2P.org integrates with Leap Wallet, enables users to stake DYDX and TIA appeared first on Crypto Briefing.

Decentralized finance platform dYdX has announced major updates coming this fall, marking the platform's most significant upgrade since its inception.

Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch.

TL;DR New Update: dYdX Chain will launch the dYdX Unlimited upgrade this fall, allowing for market listing without governance approval. MegaVault: MegaVault, a liquidity pool, is introduced that will allow users to deposit USDC to provide liquidity and share in protocol revenue.

dYdX announces updates to its chain, including a master liquidity pool that will provide liquidity for all markets across its network.

Decentralized Finance (DeFi) protocol dYdX has announced a major upgrade coming to its Chain. The launch is scheduled for later this autumn and will bring a suite of new features to the protocol.

The dYdX Chain update adds permissionless market listing and MegaVault for better liquidity.

Decentralized exchange dYdX ($DYDX) will release a significant upgrade this autumn, introducing features like permissionless market listing, MegaVault, and permissioned keys.

dYdX chain plans to allow users to list a wide range of token markets without asking for governance approval.

dYdX announces the fall release of dYdX Unlimited, introducing permissionless market listing, MegaVault, an affiliates program, and more.