Uniswap’s UNI governance token has been trading in close tandem with the rest of the blue-chip DeFi assets throughout the past few days. Although this has generally boded well for UNI, it has faced some pressure today due to a downturn across all DeFi assets. This decline has largely come about due to Bitcoin ripping…
Uniswap’s token UNI has been seeing massive inflows of capital throughout the past few days and weeks, with investors flocking to try to garner governance rights over Uniswap – which has rapidly become the most popular AMM in the market. This has caused the price of UNI to surge, hitting highs of over $8.40 yesterday…
Uniswap – the decentralized crypto exchange of choice amongst traders and investors – sent shockwaves throughout the market with the launch of their native governance token called UNI. The launch of UNI was unlike any other seen before because everyone who had used the platform to trade – or contributed to its liquidity – prior…
Major DeFi tokens, including UMA, Maker, and Uniswap have surged up to 22% in the past 24 hours. The decentralized finance (DeFi) market has generally rebounded following a sustained pullback. There are two main reasons behind the short-term recovery of major DeFi tokens. First, most DeFi tokens were heavily sold since September, causing most to…
Uniswap’s newly released governance token – called UNI – has taken a serious beating throughout the past few days, with its price bearing witness to unrelenting selling pressure that has slowed its ascent and caused it to shatter multiple key technical levels. Analysts are now growing concerned with the cryptocurrency’s near-term outlook, as its latest…
Uniswap’s UNI token has taken a hit over the past few days. Although it isn’t the only cryptocurrency currently plunging lower as the market continues being plagued by uncertainty, it has been hit particularly hard. The recent news regarding the CFTC’s decision to pursue criminal charges against the BitMEX creators has contributed to the entire…
The decentralized finance (DeFi) market is slumping as large-cap tokens like Uniswap (UNI), Yearn.finance (YFI), and Maker (MKR) decline. Atop the lackluster performance of major tokens, the volume of the Uniswap decentralized exchange has substantially dropped. On September 1, when Uniswap surpassed Coinbase Pro in daily volume, it processed $953.59 million of volume in 24…
The Ethereum wallet interface and browser extension MetaMask has recently achieved a milestone 1 million monthly active users, highlighting the enormous adoption underway. The rise runs in parallel with the DeFi trend, capped off recently by the explosion in users rushing to claim new Uniswap tokens. Here’s how all these different projects and applications are…
Uniswap’s UNI token has been struggling to garner any sustainable upwards momentum over the past few days and weeks, with each rally being met with massive inflows of selling pressure that force its price lower. There are no immediate catalysts for it to see any significant upside, as it will still be quite some time…
Uniswap’s UNI token has been struggling to garner any strong momentum as of late, with buyers and sellers largely reaching an impasse as the cryptocurrency trades within the lower-$3.00 region. It has been facing some heightened pressure in recent days due to the intensity of the sell-off seen across the aggregated altcoin market. Once again,…