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The Uniswap (UNI) community has voted in favor of two significant governance proposals, allocating $165.5 million to the Uniswap Foundation to stimulate ecosystem development.
The crypto market today was a bit upbeat as the market reflected on the latest Federal Reserve interest rate decision and the decision by the Securities and Exchange Commission (SEC) to end its Ripple Labs appeal.
Uniswap's governance decision to approve $165.5 million in funding has sparked a surge in UNI token price, which has jumped by over 10% in the last 24 hours. The live price of UNI now stands at $7.01, with a trading volume of approximately $292 million.
Uniswap (UNI) is currently approaching one of its most critical technical thresholds, the 100-day Simple Moving Average. This level often acts as a crucial support or resistance zone, dictating the next major price direction.
The proposals aim to grow the Uniswap ecosystem after Uniswap v4 and Unichain went live earlier this year.
Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000.
Ahead of Wednesday's Federal Funds Rate announcement, the altcoin market, led by Uniswap (UNI), has been hinting at a possible bottom for the recent wider correction. The palpable rally of gold, in the past few weeks towards a new all-time high, has rejuvenated a potential rebound for Bitcoin (BTC) and the wider altcoin space.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
The DHN token price quickly dropped 50% after Ethereum co-founder Vitalik Buterin sold off the tokens he received for free, exchanging them for $125,000 in ETH.
Bitget Wallet has expanded its multi-chain MEV protection, enabling it by default across major blockchains to protect users from MEV bot attacks. In a press release sent to crypto.
PancakeSwap's native token CAKE surged 15% as the trading platform overtook other decentralized exchanges in daily trading volume, reaching $1.64 billion.
One crypto exchange's loss is another crypto exchange's gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens.
Story Highlights The live price of the UniSwap crypto token is . The UNI price could reach a maximum of $15.10 in 2025. Unicoin price with a potential surge, may reach a high of $158.32 by 2030. DeFi as a category has come into existence with the idea of no intermediaries.
The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.
The crypto market is eagerly awaiting next week's FOMC meeting after CPI data revealed that inflation had fallen to 2.8%. Traders are now watching for signals and remarks by Fed committee members on interest rates, which could spike the crypto market volatility.
A crypto trader lost nearly $215,500 in a MEV bot sandwich attack while swapping $220,764 USDC for USDT on Uniswap v3.
A crypto trader lost $215,000 in a sandwich attack on Uniswap v3 when an MEV bot manipulated liquidity to exploit their stablecoin swap
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technology.
Uniswap could be presenting an opportunity to go long as price approaches key support level that has resulted in bullish reversals.
Uniswap has experienced strong accumulation despite market volatility leaving $7.3 cost basis as critical support.
Unichain, a decentralized finance layer 2 solution developed by Uniswap Labs, is focused on the launch of a new validation network. As an on-chain decentralization feature, the validation network adds another layer of finality to the network.
Uniswap (UNI) is facing a crucial moment as significant whale movements, network indicators, and price action are raising questions about its next move. Recently, Galaxy Digital, a major institutional player, deposited a hefty 600,000 UNI tokens, worth approximately $4.37 million, to exchanges Binance and OKX.
UNI's price action faces pressure, but whale movements and liquidations hint at possible upward momentum.
