Full disclosure: I am long SNX with a current holding of 3,042 tokens held on the Celsius Network. I am currently grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited US investors (like me) from earning interest. Libertarian here, so I hate big government. Anyway, recent SNX price action continues to plod in the...
Full disclosure: I am long SNX with a current holding of 3,035 tokens held on the Celsius Network. I am currently grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited US investors (like me) from earning interest. Damn big government bureaucracies. Here's a recap on SNX price action since yesterday's chart as well as...
Full disclosure: I am long SNX with a current holding of 3,035 tokens held on the Celsius Network. I am currently grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited US investors (like me) from earning interest. Damn those big government bureaucracies. On to what I am focusing on with today's SNX chart.
SNX is...
Full disclosure: I am long SNX with a current holding of 3,035 tokens held on the Celsius Network. I am grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited investors (like me) from earning interest. Always screwing the little gals & guys in the name of "protecting us." Thank you, big government bureaucracies... for...
Full disclosure: I am long SNX with a current holding of 3,035 tokens held on the Celsius Network. I am grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited investors (like me) from earning interest. Always screwing the little gals & guys in the name of "protecting us." Thank you, big government bureaucracies... for...
Disclaimer: These are my observations and personal views on SNX. Full disclosure requires I tell you I am long SNX and see a high profit potential in this "derivatives" trading platform. Synthetix refers to these derivatives as "Synths." To actually trade, you need to go to Kwenta (kwenta dot io ). Now for the updates.
As witnessed by the CMF (Chaikin Money Flow...
As always, this is not financial advice. This is simply what I am doing.
It looks like the recent bear action has been especially unkind to Synthetix Network Tokens (SNX). But today is starting to look like it is establishing a floor last seen in June. I am still long on SNX as I believe in the team, the platform, the idea of free trading of derivatives across a...
---Kwenta Testnet Takeaways, Next-Price Orders, SIP 80 and 184, and Synthetix Bottom Line---
The following is taken directly from the Synthetix io Blog update, dated 1 December 2021 and titled, "Futures Update." These are only excerpts and you would be well served to read the entire blog update.
Kwenta Testnet Takeaways: "Much progress has been made and numerous...
It occurs to me as I was fielding questions from friends who follow my picks, that any outside observer who clicks on the old dot "io" domain of Synthetix may believe Synthetix as a derivatives exchange has died and withered on the vine. Nothing could be further from the truth. If you don't follow their blog, you may have missed the transitioning that is occurring...
Synthetix Network and Kwenta are still blasting away at upgrades, or as they call them, "SIP's" which is an acronym for Synthetix Improvement Proposal. They also give weird "star" names to their SIP releases (in order of visual magnitude) which is all good, I suppose. What matters is they are in storm mode when it comes to improving and implementing. I love it....
I posted about this back on the 19th, with little fanfare. So, in an attempt to give it the attention it deserves, here are direct quotes from their blog:
"This competition will act as a demonstration of how perpetual futures trading on Kwenta will feel as we continue to refine the experience and prepare for the main net launch."
"Futures ...are unique in that...
Note the following quotations are their words, not mine. I am just passing this on to my fellow SNX hodlers to keep you abreast of either delays or progress (I see it as both).
1. "Today (October 19, ~21:00 UTC) the Kaus release will begin, implementing a minor upgrade on both L1 and L2. During this release there will be no downtime on L1 or L2. Here's what’s...
