UNI

Uniswap is in recovery mode as Bitcoin Halving ushered in a bullish sentiment. The exchange and underlying token have seen an impressive upsurge in volume and price respectively. Uniswap (UNI), a leading player in the Decentralized Finance (DeFi) ecosystem is showing bullish signs in the aftermath of Bitcoin’s (BTC) recent halving event. According to on-chain data from SpotOnChain, a whale was seen withdrawing a large amount of UNI from Binance exchange. Whale Activity Surges on Uniswap Per the details, the…

The ORDI token is predicted to drop below $40 in the current market conditions.  The Uniswap (UNI) price is set to drop below $6.50 amid ensuing legal troubles.  The $RECQ presale by Rebel Satoshi ($RBLZ) presents an opportunity to make 237.8% returns.  The top crypto coins like ORDI and Uniswap (UNI) have been the biggest losers in the recent market drop. Meanwhile, their investors are looking at the $RECQ presale being conducted by Rebel Satoshi ($RBLZ) to cushion their losses.…

Uniswap is in unchartered territory with a bearish outlook at the moment. Key indicators show a likely surge is incoming in the next few weeks. Uniswap (UNI) is not enjoying the best of times in the market in recent times as it has fallen by as much as 50% over the past month, a reverse gear shift that shows its core users are bearish on its price prospects. Despite playing a pioneering role in the Decentralized Exchange (DeFi) ecosystem, Uniswap…

Uniswap’s native token, UNI, has been struggling in terms of its price action over the past few weeks. Although the general state of the crypto market may be blamed for this gloomy price performance, other factors, such as the Wells Notice from the US Securities and Exchange Commission (SEC) to the Uniswap protocol, have also played a role. However, the UNI price appears to be recovering well, as the token has jumped by more than 2% in the past day.…

Uniswap records a staggering $250 billion in transactions on Layer-2 platforms, signaling strong adoption and activity. Despite the high trading volume, UNI’s price remains relatively low, raising questions about future valuation. Decentralized Exchange Uniswap has reached a new milestone, achieving $250 billion in trading volume on its Layer-2 (L2) platforms such as Arbitrum, Polygon, Optimism, and Base. This milestone highlights the growing adoption and efficiency of L2 solutions, which are designed to handle high transaction volumes while reducing gas costs,…

UNI price turned red and declined below the $10.00 support. Uniswap is showing many bearish signs and recoveries could face hurdles near $10.00. UNI started a fresh decline below the $10.00 support zone. The price is trading below $9.50 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $10.25 on the 4-hour chart of the UNI/USD pair (data source from Kraken). The pair might recover but the upsides might be…

The US Securities and Exchange Commission (SEC) has served a Wells Notice to Uniswap, a leading decentralized exchange (DEX). This pre-enforcement notice, a precursor to potential legal action, triggered a plunge in Uniswap’s native token, UNI. At the time of writing, UNI was trading at $9.37, down 16.2% in the last 24 hours, data from Coingecko shows. The crypto has also sustained a 15% loss in the last seven days. Uniswap Whales Seek Safer Shores The news of the SEC’s…

Bitcoin’s price slumped hard yesterday following the latest US CPI announcement but went on the offensive hours later and currently flirts with the $71,000 line. Moreover, DOGE, TON, NEAR, WIF, VET, and ETC have had impressive gains over the past day or so, with TON and WIF surging by about 9%. BTC Challenges $71K BTC had fallen below $66,000 on Friday but started to regain traction during the weekend and even challenged the $70,000 level on Sunday. However, it was…

The post UNI Token Price Crashes: SEC Targets Uniswap Labs, Sparking Massive Sell-Off appeared first on Coinpedia Fintech News Uniswap Labs, the creator of Uniswap decentralized exchange (DEX), received a Wells notice from the SEC, signaling potential legal action. UNI fell 10% from $11.21 to $10 after Uniswap disclosed receiving a Wells notice from the SEC. It’s now trading at $9.66, the lowest since late February. Despite the setback, Uniswap Labs vows to contest the allegations, emphasizing the decentralized nature…