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This FATF assistance might “create chaos” on Uniswap operators
International body Financial Action Task Fork (FATF) has issued new guidance for decentralized applications (DApps). Its implications could directly affect the DeFi sector and could have consequences for DApp “operators” such as Uniswap, Sushiswap, and others. If you're a shareholder of Uniswap (or MakerDAO), then you're likely a VASP. And VASPs (i.e. Virtual Asset Service…
Uniswap Airdop Worth Reaches $13,000 For Those That Didn’t Offer Early
DeFi platform Uniswap has exploded in popularity since its debut last year, which has been to the benefit of UNI token holders – especially those who got them completely free for being among the earliest users of the platform. Here’s a look at just how fast the platform and its token have come up in…
Uniswap’s UNI Hung After Striking Record High; Breakdown Dangers Continue
UNI prices slipped on Monday as traders decided to secure their profits after the cryptocurrency rallied to an all-time high in the previous session. Trade Setup The Uniswap decentralized exchange’s governance token was down by up to 5.57 percent to $32.34 during the early European session. Its latest move downhill extended its correction to 7.92…
Charted: Uniswap’s UNI Goes into Leading 10, Why It Might Quickly Check $42
Uniswap’s UNI climbed over 10% and it even broke the $34.00 resistance against the US Dollar. A new all-time high is formed near $34.60 and the price is likely to rise further. UNI gained pace above the $30.00 and $32.00 resistance levels against the US dollar. The price is trading nicely above $34.00 and the…
Charted: Uniswap’s UNI Stays Raised, Why Uptrend Isn’t Over Yet
Uniswap’s UNI climbed over 10% and it even spiked above $20.00 against the US Dollar. A new all-time high is formed near $20.78 and the price is currently correcting lower. UNI gained pace above the $18.00 and $18.80 resistance levels against the US dollar. The price is currently correcting gains from well above $20.00, but…
The Age of Uniswap: DEX Volume Grows 1100 x Year-Over-Year
The greater DeFi category has given birth to a variety of cryptocurrency market winners over the last year or so, but few have become as dominant as Uniswap. Not only has the related UNI token performed incredibly well itself, Uniswap’s dominance has resulted in DEX volume growing more than 1,000 times from this point last…
Altcoin Professional: Purchase Crypto That Holds Up Throughout Bitcoin Breakdown
Bitcoin has plummeted by more than $11,000 from its recent FOMO-driven peak. Normally, the bearish momentum in the top cryptocurrency is enough to drag down the rest of the market, but select altcoins are holding up surprisingly well. One altcoin expert who has traded his way through multiple bear and bull cycles, suggests watching for…
SushiSwap Analysis: Increasing Wedge on 4H Keeps SUSHI Bulls Uncertain
SushiSwap’s native token SUSHI lost its higher bids entering the new weekly session Monday as its price fell 4.47 percent. As of 1236 GMT, the SUSHI/USD exchange rate was $2.2813, having bounced off its intraday low of $2.2661 in the late Asian trading session. In doing so, the pair maintained the last week’s support offered…
UniSwap Soars 24% as Neighborhood Votes to Extend UNI Reward Program
The cost to purchase one UniSwap (UNI) token surged by almost 24 percent in just two days of trading. UNI/USD reached a five-day high at $4.010 during the early morning session Friday. The upside move appeared after the UniSwap community put forward a governance proposal that would extend their UNI reward program for liquidity providers.…
Uniswap’s UNI is Looking “Quite Appealing” as It Rebounds from Secret Assistance
Uniswap’s UNI token has faced some intense selling pressure throughout the past few weeks, with it being struck particularly hard by the recent downturn seen across the aggregated DeFi sector. However, this weakness is beginning to transform into strength as buyers have sent the crypto rocketing nearly 100% from its recent lows. The intensity of…