CoinDesk 20 Performance Update: UNI Drops 5.8% as Index Trades Lower
UNI falls 5.8% while NEAR loses 2'8% in mixed performance for CoinDesk 20's top assets.
Keep up with what's happening in the crypto world in real-time.
UNI falls 5.8% while NEAR loses 2'8% in mixed performance for CoinDesk 20's top assets.
Uniswap (UNI) price targets a comeback to $6.7 as bullish momentum continues to build. A break above the key level could signal a renewed bullish trend potentially leading to further gain for the cryptocurrency.
UNI Price bounced nearly 5% to $6.5 during the U.S. trading hours on Friday. The renewed demand pressure could be attributed to Bitcoin's attempt to regain $60000 and the Launch of major security competition by Uniswap lab for the upcoming v4 protocol.
Twelve assets in the CoinDesk 20 Index gained, with ADA joining UNI among the largest advancers.
As the Ethereum price continues hovering close to its $2,500 mark, top altcoins continue stumbling, highlighting a weak bullish sentiment in the crypto space. Positively, investors consider this to be an excellent opportunity to buy altcoins at a discounted price.
The SEC approves a MicroStrategy ETF, Binance re-enters India, ETH and SOL show heightened price sensitivity and more.
TL;DR Uniswap Labs launches a $2.35 million security audit competition for its new v4 protocol, the largest prize pool in DeFi history. The competition aims to fund independent audits of the smart contracts and Universal Router system of the v4 protocol.
The decentralized security review aims to patch vulnerabilities in the much-anticipated Uniswap v4 protocol before it goes live.
The U.S. Securities and Exchange Commission (SEC) has sent letters to several venture capital (VC) firms over their links to the operator of the Ethereum (ETH)-based decentralized exchange Uniswap, according to a report by online publication Axios.
Uniswap Labs has seen a dramatic increase in revenue from front-end fees, which are applied to user transactions conducted through the Uniswap web interface and wallet app. This fee structure was introduced in October 2023 at a rate of 0.15%.
Global crypto markets registered a 104% year-on-year (YoY) increase in market cap, with Bitcoin (BTC) remaining a standout performer, with growth of between 50% and 55%.
The native token of Bitbot, a cutting-edge Telegram AI-powered trading bot, has successfully been listed on Uniswap. Simultaneously, SUI has shown remarkable strength, poised to break through a critical resistance level. Bitbot's strategic move to Uniswap Following a successful $4.
Uniswap Labs, the firm behind the development of the Uniswap decentralized exchange (DEX), has reported collecting Ethereum Uniswap interface fees worth more than $50 million since October last year.
By April, Uniswap Labs increased the fee from 0.15% to 0.25%, which contributed to the surge seen today. Noteworthy, users can avoid paying the front-end fee by leveraging the services of DEX aggregators like 1inch, Cowswap, and Paraswap.
Uniswap Labs, the company behind the Uniswap decentralized exchange (DEX) protocol, has surpassed $50 million in cumulative front-end fees.
Uniswap Labs' cumulative front-end fees have surpassed $50 million, increasing over thirteenfold year-to-date.
The dynamics of memecoin trading are coming to NFT markets.
The U.S. Securities and Exchange Commission (SEC) has intensified its scrutiny of the cryptocurrency industry. It is now setting its sights on several venture capital funds, including notable names like Andreessen Horowitz and Union Square Ventures.
Ethereum layer-2 wallet addresses using Uniswap's decentralized exchange nearly doubled last month compared to numbers recorded in June. Dune analytics data showed 8.
Decentralised exchange (DEX) tokens have joined the rest of the crypto industry in a deep sell-off. Uniswap (UNI), the biggest DEX in the industry, has retreated to $5.56, down by over 66% from its highest point this year. Similarly, Raydium (RAY), the biggest Solana DEX, has dropped to $1.
Uniswap Price plunged over 2% during the U.S. trading hours on Wednesday. The renewed supply pressure has stalled Bitcoin's recovery at $57000, indicating that the prevailing bearish momentum persists.
TL;DR The Uniswap Foundation has announced $3 million in new grants. The organization holds $36.81 million in cash and stablecoins, as well as 680,000 UNI tokens. For 2025, $26.12 million in grants and $10.69 million in operating expenses are budgeted.
Uniswap hooks technology is becoming more popular, but may give rise to new scams or rug pulls. Hooks can deliver a user experience similar to centralized exchanges, such as simulated order books.
The cryptocurrency markets saw a strong recovery on Tuesday following a 30% correction that pushed Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies to multi-month lows.