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Uniswap and Curve saw increased user activity in the last month The price of UNI and CRV tokens saw some relief following FTX's fallout The sudden fallout of cryptocurrency exchange FTX led to increased user activity on decentralized exchanges (DEXes), Messari found in a new report.
Decentralized cryptocurrency trading platform Uniswap is putting to vote a number of governance modifications it says will simplify voting in the so-called "decentralized autonomous organization." According to Devin Walsh, executive director of the Uniswap Foundation, members of the Uniswap community will have the opportunity to vote on Dec.
The proposal, which will be brought to a vote next week, aims to reduce friction in governance by reframing the steps that bring proposals to votes.
Catch up on the latest crypto market news at The Currency Analytics. NFTs are officially live on Uniswap.
Uniswap price analysis is on the bullish side today. The bulls have recovered a good range from the recent support level of $5.93, and momentum is growing stronger.
Uniswap witnessed a decline in NFT volume lately. This decline affected other areas of the DEX, including the count of unique users and overall transactions.
Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. Uniswap launched an NFT aggregator last week that has been integrated into its platform. Success has been fairly modest thus far, despite an ongoing gas rebate promotion. As of this writing, Uniswap occupies 1.4% of the total aggregator-driven NFT trading volume.
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels.
UNI was on the list of the top 10 purchased tokens among the 5000 largest Ethereum whales. Its RSI was overbought, but a few metrics were in favor.
381 after BTC's short-term downward move A break below the $6.10 support level provides a shorting opportunity Uniswap [UNI] fell below $6.381 after Bitcoin [BTC] dropped below $17.32K on 5 December.
Panoptic seeks to revolutionize the decentralized options trading market and will use these funds in building a decentralized protocol for perpetual options.
Panoptic raised $4.5 million to build a decentralized protocol for perpetual options. Investors include Uniswap Labs Ventures, Coinbase Ventures and Jane Street. The post Uniswap-based DeFi protocol Panoptic raises $4.5 million appeared first on The Block.
After nearly six months, the Uniswap community is in a dilemma as it finally gets to vote on Uniswap's (UNI) proposal for a “fee switch.
By using publicly available online tools, it's possible to see what the biggest crypto whales are buying right now.
Uniswap's fee switch could set off a valuation hike and revenue increase as per a blockchain analyst Irrespective of the development, the protocol's TVL was stagnant. Almost six months after Uniswap's [UNI] suggestion for a “fee switch,” the community will finally get to vote for it.
Uniswap price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bulls were in the winning position, the bears currently hold control and the price is trading in a narrow range of $6.09-$6.27 for the last in hours.
Uniswap (UNI) price is in an upward correction after a recent decline. The cryptocurrency price has broken above the moving average lines.
New proposal will not bring enough funds for significant change
Hype around Uniswap increased as social contributions soared, however, sentiment declined TVL and revenue continued to decline even though new users flocked to the DEX DEXes like Uniswap [UNI] have witnessed a significant hype since the collapse of FTX. Soon thereafter, the exchange capitalized on this attention and launched their NFT collection.
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Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain.
According to a recent Dune analytics review of Uniswap's new NFT aggregator, Uniswap only had $400k volume and 900 transactions in the past 48 hours.
Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest nonfarm payrolls report. The global crypto market cap is down 0.57% as of writing, as prices consolidated following the data being released. Uniswap was also higher, despite the turbulent sentiment on Friday.
The Uniswap price analysis reveals UNI/USD is in bullish momentum. For the fourth day in a row, the price has been steadily increasing and is currently at the $5.95 mark.
