UNI has consistently fallen over the last few weeks, but might this change soon?
After prolonged struggles near a crucial support level, UNI, the native token of Uniswap, a top-tier decentralized exchange, has failed to maintain that level and is now poised for a price drop. This notable breakdown of support comes as the overall market begins to experience a price decline.
Polygon (POL), a well-known layer-2 scaling solution, has been facing significant challenges recently, raising questions about its current valuation. As the token struggles with declining network activity, dApp volumes, and reduced investor interest, some analysts are beginning to question whether Polygon may be overvalued.
Uniswap is making a determined effort to bounce back, with bulls stepping up to defend the crucial $12.3 support level. This price point has become a pivotal battleground since it could pave the way for a potential recovery or signal further bearish momentum.
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Large-scale whale movements in Uniswap (UNI) and Aave (AAVE) have recently attracted significant attention in the crypto community. Over the last few days, four major whales collectively cashed out $12.7 million in profits from these two prominent tokens, suggesting that potential price changes are on the horizon.
Polygon's Open Interest has dropped by $14M in less than five days, showing uncertainty.
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Whales are making big moves in the market, which could load up on projects that show strong fundamentals and long-term potential.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
The ecosystem of DeFi continues to grow at a dizzying pace, and Uniswap intends to support it with a foundation for fund security.
Wanchain wants to introduce a series of cross-chain routes that will connect Polygon zkEVM with major blockchain networks.
Uniswap Foundation Projects launched a $1.2M fund to subsidize audits for Uniswap v4 hook builders, fostering security and innovation.
Uniswap Labs is about to launch its v4 upgrade on mainnet, introducing a number of new features. The long-awaited upgrade will focus on faster transactions, a smoother user experience, and increased customization tools for developers.
Whale movements in AAVE and UNI suggest significant potential price shifts.
An FBI sting revealed CLS Global's wash trading scheme; the firm has been fined $428K and barred from offering services to U.S. investors.
FBI investigators charged a UAE-based crypto firm for generating fake volume with wash trading algorithms on Uniswap's decentralized exchange.
Uniswap price has been highly volatile in recent days as the broader crypto market struggles to recover. Bitcoin remains near $104K, limiting overall momentum.
TL;DR Uniswap v4 will begin its gradual rollout this week, allowing developers to test new features. Version v4 introduces major improvements such as a “singleton” liquidity architecture and a “flash accounting” system. All Uniswap v4 contracts are expected to be fully deployed and ready for official launch next week.
Polygon Ecosystem Token (POL) price is moving above the $0.45 support but below the moving average lines or resistance at $0.55. Cryptocurrency price analysis brought by Coinidol.com.
Uniswap V4 deployment is to start this week ahead of the official launch in the coming week.
The US Securities and Exchange Commission (SEC) has also started a civil case against CLS Global for violating securities laws.
Uniswap Labs declared that the version 4 deployment rollout will gradually begin “this week for builders to test hooks and integrations on-chain.” With the DeFi resurgence in progress, the team expects all contracts to be deployed in the next seven days before a full launch.
CLS Global, a financial services firm that acted as a “market maker” in the crypto industry, has agreed to resolve criminal charges related to fraudulent market manipulation.
Uniswap Labs said its v4 deployment would start this week so developers can test hooks, and full deployment is expected by next week.
The charges against CLS Global stem from an undercover FBI investigation on wash trading using its own cryptocurrency as bait.
CLS Global deployed "volume generation" algorithms for “many clients” to fake their volume before being baited with a crypto made by the FBI.
Polygon Labs, around a week after its partnership with Jio Platforms Limited (JPL) to bring Web3 capabilities into Jio's ecosystem, made its first integration with Jio Sphere live on Tuesday. CA Aishwary Gupta, Global Head of Payments at Polygon Labs revealed the launch of native wallet, powered by Polygon Labs PoS Blockchain network, on Jio
Fasanara Capital, a London-based investment manager, has launched its tokenized money market fund on Polygon.
Raydium price has surged to a record high of $7.8520, making it one of the best-performing crypto token in the industry. It has soared by over 3,200% as its network continued to flip popular decentralized exchange networks like Uniswap and PancakeSwap.
Polygon, one of the first layer-2 networks in the crypto industry, has lost market share as competition in the sector has risen. POL, its token, has also plunged by 43% from its December high, while its ranking in the crypto sector has deteriorated.
Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.
Polkadot's (DOT) price has faced significant turbulence lately, despite some optimism in the broader altcoin market. After an initial breakout attempt last week, which briefly generated hopes of an upward trend, DOT quickly retraced, leaving traders wondering what's next.
The altcoin market is doing well, but DOT is not. What are the reasons?
Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.
Polkadot (DOT) has shown significant bullish momentum in recent days, gaining strength with an upward price move that has many analysts predicting a rally towards $12. Following a breakout from a falling wedge pattern on its daily chart, DOT is currently trading at $7.42, marking a 6.25% rise in just 24 hours.
The cryptocurrency market has been experiencing significant fluctuations, but one asset that has recently caught the attention of traders and analysts alike is Uniswap's native token, UNI. After a period of struggle since December 2024, UNI has shown signs of a potential rally, with forecasts suggesting a possible 30% price surge in the coming days.
Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.
UNI's short-term price action could be in for some gains soon.
Polkadot's rally has gained strength with bullish patterns and market support.
Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.
Solana price has surged this week, and the rising odds of a SOL ETF may push it higher this year. One way of taking advantage of SOL's price action is to invest in top Solana rivals that could replicate its success this year.
This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.
Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.
Users can now trade BGB directly on the Ethereum blockchain instead of relying solely on Bitget's centralized platform.
Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.
JiCoin's are currently not redeemable or transferable.