A recent US District Court ruling on Lido DAO has sent ripples through the cryptocurrency world, profoundly impacting decentralized autonomous organizations (DAOs). On November 18, 2024, Judge Vince Chhabria of the Northern District of California classified Lido DAO, a prominent DAO in the crypto market, as a general partnership under California law.
These Shocking Cryptocurrencies Are on Fire This Weekend
Lido is one of the most important liquid staking protocols within the Ethereum ecosystem. Its model allows users to earn rewards from staking Ethereum (ETH) without losing liquidity, through the use of liquid tokens such as stETH and wstETH.
In this bull run, the majority of top cryptocurrencies have already experienced notable upside momentum. Amid this, Uniswap (UNI) stands out as one of the top cryptocurrencies that recently broke out of a bullish price action pattern, with much room to soar significantly in the coming days.
Uniswap's bullish momentum builds with soaring network participation levels.
Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.
A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.
As crypto grows, so does the list of complex terms to understand — like utility tokens.
A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.
A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.
Lido DAO's efforts to shrug off a securities case have fallen through.
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.
An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.
Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.
Uniswap price has moved into a local bear market, falling by over 23% from its highest point this week as cryptocurrencies lose momentum. The UNI token was trading at $8.27 on Friday, November 15 as some crypto analysts remain optimistic that it will bounce back.
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin's recent surge. The recent decline highlights the weakness in UNI's momentum, with technical indicators suggesting a cautious outlook.
Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021
Uniswap (UNI) has experienced a dramatic surge in price over the past week, climbing by a robust 38%, reaching highs not seen in nearly five months. On November 12, 2024, the token saw a swift 17.46% rally within just one hour, pushing its price from $9.16 to $10.76.
Turning a small amount into a fortune might seem like a dream, but some alternative cryptocurrencies could make it possible. With signs of major growth in the crypto world next year, certain lesser-known coins may soar.
The Uniswap daily price action chart hinted that the breakout past the 78.6% level at $8 was a sign of bullish conviction.
UNI rallies as trading volume surges, with bullish signals pointing toward a $17 target.
The divergence in performance of DEX tokens suggests that while decentralized exchanges are a foundational component of DeFi, they face adoption challenges.
Bitcoin (BTC) rocketed past $80,000 as crypto market sentiment reached a seven-month high. In an incredible display of bullishness, BTC has surged to a new all-time high of $81,260, with market indicators signaling extraordinary optimism.
Uniswap (UNI) invites the crypto community to participate in the v4 Address Mining Challenge, offering a unique opportunity to influence the deployment address before the official launch.
Uniswap (UNI) made headlines in the cryptocurrency market as it reached a 4-month high, only to face a significant pullback due to increased selling pressure and profit-taking. Despite impressive whale activity and a strong bullish push, the rally has slowed down as more UNI tokens are deposited to exchanges, signaling that large traders may be preparing to sell.
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
If there is no fresh uptick in buying activity, Uniswap's uptrend could weaken.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
The victory of “crypto president” Donald Trump continues to reverberate through the market, with Uniswap's native $UNI token rallying to hit a four-month high of $9.34 in the early hours UTC. However, Uniswap is now trading five cents below $9.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
Uniswap (UNI) has experienced a significant rebound, posting an impressive 35% rally over the last 24 hours. This sharp uptick has revived investor optimism after months of stagnant price movement, suggesting that the altcoin may be on the verge of a new uptrend.
The Open Interest (OI) also increased by 20%, involving over 18 million tokens.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
These exchange-related tokens are seeing incredible investor interest today, but can it continue?
Bitcoin hit a new all-time high as U.S. election results send altcoins rallying.
Uniswap price is on the cusp of soaring by another 32% after flipping an important resistance level and escaping its six-month correction. UNI token rose to $9.45 on November 6, its highest level since June 27.
Uniswap (UNI) is riding a wave of renewed bullish momentum, with its price inching closer to the critical $8.74 resistance level. This surge has captured the attention of investors eager to see if UNI can overcome this hurdle and unlock fresh upside potential.
The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin's 6% advance following Donald Trump's victory.
After Donald Trump's U.S. election win, DeFi tokens like Aave and Uniswap experienced strong gains.
Solana joins Uniswap as a top performer, gaining 12.7% as U.S. Presidential election results come in.
Aave, Uniswap and other decentralized finance tokens saw substantial gains following Donald Trump's victory in the U.S. election.
Uniswap is breaking multi-month price levels amid ongoing bullish rally.
The crypto markets are painted in green as the market participants turn bullish after Donald Trump sweeps the polls, becoming the new President of the United States. With this, the token with fewer expectations of a breakout attracts massive volume and breaks out of range.
Uniswap price has seen an impressive uptick, ending a months-long lack of momentum that persisted since early July. Over the past 24 hours, UNI recorded a strong 35% rally, bringing renewed optimism for the altcoin.
Uniswap was trading below the 50 and 200 EMA, indicating a potential long-term bearish trend.
Uniswap price remained under pressure on Monday, November 4, falling for five consecutive days as whales continued dumping the token. UNI token retreated to $6.9, its lowest level since October 4, and down by 60% from its highest level this year.