DYDX's Charles d'Haussy predicts Bitcoin to hit $150,000 by October. However,
DYDX struggles are anticipated to continue after workforce layoffs. Despite these struggles, a
buyback program in April is expected to drive DYDX crypto's value.
dYdX is part of the DEX derivatives market, estimated to reach $3.48T by 2025. The venture aims to enhance its profile by debuting perpetual futures on prediction markets. Additionally, in a new initiative, dYdX is reimagining DeFi and derivatives. The recent appointment of
David Sacks as crypto czar fuelled a surge in dYdX price, making it a top-performing altcoin with a 30% rally.
dYdX founders have reassumed control and have entered founder mode. Reports of the company getting backing from Trump’s new crypto czar have led to a 35% rally in
DYDX. A quarter of the protocol revenue is allocated for buybacks, pushing DYDX up by 10%.
Trump's naming of David Sacks as 'AI and Crypto Czar' further surged DYdX's value by 30%. However, dYdX v3 on Ethereum was a disaster for users, ceasing operations. The dYdX Foundation CEO commented on meme coins and the future of crypto under Donald Trump. Post a 35% workforce cut,
dYdX CEO Juliano promises a shift in focus. v3 on Ethereum is retiring, and focus will be on dYdX Chain and the upcoming Unlimited Launch.
DYDX Coin News Analytics from Fri, 03 Aug 2018 07:00:00 GMT to Wed, 30 Apr 2025 16:48:28 GMT -
Rating 3
- Innovation 4
- Information 5
- Rumor -3
