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.
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PancakeSwap's CAKE token is the market's top performer today, surging 21% in the past 24 hours. At press time, the altcoin trades at $2.56.
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.
CAKE formed a God candle on March 18, jumping 23% to hit an intraday high of $2.63 while pushing its weekly gains close to 70%. The altcoin's daily trading volume tripled to around $1.
PancakeSwap's CAKE token has surged 37% in the past 24 hours, reaching $2.49, and has seen a 57% increase over the past week.
PancakeSwap (CAKE) has increased 40% in the last 24 hours, and its revenues have climbed to $19 million over the past seven days, behind only Tether, Circle, and Jupiter.
Bitcoin's next move would be impacted by key economic events set to unfold this week.
Decentralized exchange PancakeSwap is reaping the rewards of a Binance Smart Chain surge—sending its CAKE token flying.
CAKE, the native cryptocurrency of PancakeSwap, a decentralized exchange on the BNB Chain, has surged over 45% within the last 24 hours.CAKE surged from a low of $1.78 to a high of $2.69 in early Monday's session, extending yesterday's recovery from lows of $1.383. At the time of writing, PancakeSwap was up 40% to $2.48 and up 59% weekly.
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 (CAKE) is showing strong bullish momentum with a 15% surge in price.
PancakeSwap's native token CAKE surged 15% as the trading platform overtook other decentralized exchanges in daily trading volume, reaching $1.64 billion.
The influence of Changpeng 'CZ' Zhao drives the BNB Chain adoption as Solana's activity slows down.
After retesting and rebounding from a crucial support level of around $1.55 in the past few weeks, PancakeSwap (CAKE), the largest decentralized exchange (DEX) on the BNB chain, has signaled a shift to bullish sentiment.
The short-term sentiment behind CAKE appeared bullish- could this lead to increased bidding and a move beyond $2.16 next?
The crypto market today held steady as investors remained optimistic that the worst is now behind us. This hope rose after stocks and crypto prices surged on Friday, with the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 rising by over 1.5%.
Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.
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.
With Bitcoin on the verge of a breakout (or rejection), the altcoins are starting to stir. The altcoin market cap could already have bottomed.
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
dYdX updated its roadmap to prioritize faster transactions, stability, and a better trading experience, aiming for expanded assets and advanced features to attract more users The post dYdX Updates Roadmap for Faster Trading and Enhanced User Experience appeared first on Cryptonews.
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.
Decentralized perpetual contracts trading platform dYdX has updated its near-term roadmap which details improvements focused on enhancing speed and user experience as well as rollout of new trading features.
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.
dYdX has announced a new strategic roadmap aimed at strengthening its position in the decentralized derivatives market. With the rapidly evolving landscape, the team is prioritizing platform stability, enhancing user experience, and expanding available trading tools.
THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it's prepared to have regulators breathing down its neck.Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol's centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC).
Binance announced that it would host Bubblemaps' (BMT) Token Generation Event (TGE) on PancakeSwap.
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.
For the first time since 2021, PancakeSwap has hit new all-time high monthly trading volumes. These impressive figures from Pancakeswap highlight the platform's growth and resilience.
PancakeSwap, a leading decentralized exchange (DEX) operating on nine blockchain networks, set a new record for trading activity in January and February 2025. It has achieved the highest monthly trading volume since 2021.
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.
Uniswap price is gaining traction as it rebounds from the $6.7 level, sparking renewed optimism among traders. After a period of consolidation, bulls are strongly attempting to reclaim control, aiming for a breakout beyond key resistance levels.
This crypto bull market has not been particularly kind to the vast majority of altcoins. Unlike previous bull markets, the focus has been very much on Bitcoin, seemingly with only the merest sniff of an altcoins season, which has so far failed to arrive.
Uniswap Labs' decision to launch Unichain, its Layer-2 (L2) network, without extensive consultation with the Uniswap DAO has sparked significant controversy within the DeFi community.
The program, instituted last year, will pay approved delegates based on their voting participation rates and community engagement.
Today, March 5, 2025, Uniswap (UNI) has registered an 8% price gain. However, it appears bearish and is poised for a decline, potentially due to a crypto whale dumping UNI tokens. Whale Dump $40.
Uniswap's native token, UNI, has recently witnessed an increase in exchange reserves, signaling that more market participants are moving their tokens onto exchanges, potentially to sell. This trend often leads to downward price pressure, as the influx of supply may outpace demand.
Despite the gradually increasing selling pressure, Uniswap's technical sentiment remains positive.