UNI

UNI price started a fresh increase above the $9.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $10.00 resistance. UNI started a fresh increase above the $9.50 resistance zone. The price is trading above $9.60 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance near $10.15 on the hourly chart of the UNI/USD pair (data source from Kraken). The pair might aim for more upside if there is…

UNI price started a major increase above the $10.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $12.00 resistance. UNI started a fresh increase above the $10.50 resistance zone. The price is trading above $11.20 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance near $10.35 on the hourly chart of the UNI/USD pair (data source from Kraken). The pair might correct gains, but the bulls…

The post Uniswap Foundation Postpones Vote On UNI Staking appeared first on Coinpedia Fintech News The Uniswap Foundation postponed the May 31st highly anticipated vote on UNI staking and delegation rewards. The postponement was due to a stakeholder discussing concerns that prompted a more thorough review and examination of the proposal. The vote would move the exchange closer to its fee switch which could reward the UNI token holders who staked and delegated their tokens. Users from the community criticized…

In a blow to the momentum of the Uniswap native token, UNI, the decentralized exchange (DEX) has been forced to postpone a highly anticipated proposal that would have improved its token governance and fee distribution model.  Meanwhile, the company is also locked in a legal battle with the US Securities and Exchange Commission (SEC) over the regulatory status of its UNI token. Postponed UNI Governance Upgrade Sparks Sell-off  On Friday, the Uniswap Foundation announced that it was delaying the deployment…

The post Uniswap Price Faces Series Of Rejections, What’s Next For UNI?  appeared first on Coinpedia Fintech News Uniswap price rallied 42% in a 7-day frame but recent price action is negative with a 24-hour drop of -4.79%, and price trading at $10.99. Uniswap’s 24-hour volume dropped 36.5% to 332 million, UNI Price is losing the trend with on-chain data showing increased selling pressure, and investors ejecting with profit. UNI, the governance token of Uniswap decentralized exchange invalidated the long-term…

UNI price started a decent increase above the $$10.00 resistance. Uniswap is showing positive signs and might eye more upsides above the $11.75 resistance. UNI started a fresh increase above the $10.00 resistance zone. The price is trading above $11.00 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $9.50 on the hourly chart of the UNI/USD pair (data source from Kraken). The pair might correct gains, but the bulls…

The post Top Altcoins to Stack Next Week: Uniswap (UNI), Notcoin (NOT), and Bonk Prices Set to Surge Further appeared first on Coinpedia Fintech News The altcoin sector is becoming more dominant while the price of Bitcoin remains steady near $70,000. Additionally, the recent sanctioning of a spot Ethereum ETF is enhancing the purchasing demand for altcoins, potentially leading to an increase in trading volume soon. Bitcoin’s $70K Might Halt Altcoin Rally Recently, the BTC price has experienced a significant…

Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities.  The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer. This response follows the SEC’s issuance of a Wells Notice to Uniswap Labs, signaling its intent to recommend legal action against the company.  Uniswap Labs Challenges SEC’s…

In the midst of the ever-changing price trajectories of top crypto coins so far in 2024, Rollblock(RBLK) stands out as it makes significant inroads through its massive rallying growth potential while still in presale. As a result, the crypto market may witness RBLK outperform top crypto tokens in the industry, such as BNB, Uniswap, and Toncoin. This won't be a mean feat, considering that the Rollblock project is still in its nascent stage. However, it makes the project a top…