After a continuous price drop of over 12% in recent days, Tron (TRX) is now poised for an upside rally, as its price action and on-chain metrics hint at bullishness. Following its breakout of a strong resistance level of $0.145 has soared more than 16% and never retested.
Uniswap [UNI], one of the most popular decentralized finance (DeFi) platforms, has recently broken out of its bearish pattern, offering hope to investors. After testing key support levels between $5.5 and $5.7, the altcoin displayed signs of a potential recovery, with buyers showing renewed interest.
TRON (TRX) price has recently experienced a price rebound, indicating a potential shift in market dynamics. For several weeks, TRON's trading pattern has remained largely sideways as both bulls and bears vied for control.
SLERF enjoys the highest DEX liquidity of all memecoins, including PEPE, FLOKI, and WIF.
There appears to have been a trend of comparing Shiba Inu (SHIB) to other meme coins like Dogecoin (DOGE), Pepe Coin (PEPE) and Dogwifhat (WIF). Shiba Inu's marketing lead LucieSHIB commented on this trend and noted that such comparisons are unwise.
Alex Blania, CEO of Tools for Humanity, emphasized Worldcoin's commitment to scaling its iris-scanning technology at Korea Blockchain Week 2024 in Seoul.
This week's Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX's repayment plan.
The crypto ecosystem has always been vulnerable to malicious actors looking to steal user funds.
Explore September's forecast for memecoins like Pepe (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), FLOKI, and Dogwifhat (WIF). Analyze price trends, resistance levels, and market sentiment to understand the potential rise or fall of these popular digital tokens.
SunPump has announced a strategic partnership with OKX Wallet, aiming to enhance the trading of meme coins on the Tron blockchain.
Worldcoin aims on worldwide scaling using iris-scanning Orbs and new gadget updates. The initiative will launch a Layer-2 network and address regulatory issues.
Tron network's recent meme-wave has shaken up its stablecoin dominance, raising concerns about TRX's stability.
SunPump boosts TRON non-stablecoin activity but faces steep decline. Solana's Pump.fun reclaims lead as Sun.pump metrics fall sharply.
A cryptocurrency analyst and trader is turning bullish on Tron (TRX) amid the native token of the layer-1 blockchain going up by over 20% in the past month.
As a result, almost all major US stock indices slipped into the red. Bitcoin (BTC) dropped nearly 4% over the past 24 hours, while gold registered a 1% increase to push back above the $2,500 mark.
Dogecoin, Tron, and Rollblock are in a race to $1, with RBLK predicted to soar past 100x on launch, offering far greater growth potential than its established competitors. #partnercontent
This past week saw diverging fortunes in the crypto markets. Amidst regulatory challenges, Uniswap (UNI) shows resilience with a 7.51% surge, outshining Ethereum's (ETH) slide. Meanwhile, DTX Exchange (DTX) is rallying after launching its VulcanX feature, attracting traders with gas-free transactions. Uniswap (UNI) Price Surges 7.
WIF's rising Open Interest and positive Funding Rate suggest strong bullish reversal.
The crypto market witnessed a slight downtick during the U.S. market trading session as Bitcoin plunged $56500. The renewed selling triggered a slight pullback in most of the major altcoins, including Uniswap.
According to a Thursday announcement, Pepe (PEPE) and dogwifhat (WIF) are now available for trading on Kraken Pro in Canada.
On September 5, the cryptocurrency market saw a modest decline, with Bitcoin and Ethereum sliding around 2% each. Other major coins like Solana and USDC also took a plunge. Dogecoin and Toncoin were among the few coins trading in the green on Wednesday. Meanwhile, Cardano and Litecoin were up 0.84%, and 0.2%, respectively.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Over the past 24 hours, the WIF price has surged a significant 8.09%, standing out as a major beneficiary in a 1.86% uptick among meme coins. This growth signals a potential significant reversal, with multiple traders forecasting a surge.
The decentralized exchange has recently faced scrutiny from the Commodity Futures Trading Commission.
The US government's regulation of DeFi is reaching a critical point, with Uniswap as its next major battleground.
The present goal of Worldcoin is the broad distribution of iris-scanning Orbs. Worldcoin has over 6.5 million confirmed World IDs in over 160 countries worldwide.
Uniswap has also been required to halt the illegal offerings and will ensure compliance with the Commodity Exchange Act moving forward.
The popular Solana-based meme coin Dogwifhat (WIF) price is poised for a massive upside rally due to the bullish outlook from its on-chain metrics. Despite the recent price drop across the cryptocurrency market, WIF's open interest has continuously risen since the beginning of September 2024, according to CoinGlass data.
The open interest (OI) in Dogwifhat futures has spiked, signaling increased trading activity among futures traders.
With the price of Bitcoin attempting to reclaim the $58K mark during the early Asian trading hours. Top altcoins have experienced a bullish recovery over the past few hours. Moreover, the Ethereum price has recorded a similar price action over the past day.
Cybercriminals have launched a new wave of phishing scams using AngelX, a toolkit designed to exploit vulnerabilities in newer blockchain networks.
With the crypto market reclaiming the $2 Trillion valuation, the memecoins have experienced a strong bullish bounce back in their respective valuations.
Memecoins have been hit hard over this long and grinding crypto correction. That said, $PEPE, $WIF, and $FLOKI are still well above their bull market support levels, and as soon as Bitcoin ($BTC) gives the green light, all can potentially surge much higher.
Speaking during Wednesday's Korea Blockchain Week 2024 event in Seoul, Tools for Humanity CEO Alex Blania said that Worldcoin's current focus remains the mass distribution of iris-scanning "Orbs" to expand the project and make it more useful.
Tron founder Justin Sun has been actively promoting SunPump, but the platform is struggling to maintain momentum.
A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that's skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.
As part of the settlement, Uniswap Labs agreed to pay a $175,000 civil penalty. The company also agreed to cease its violations of the Commodity Exchange Act (CEA).
Uniswap Labs settles CFTC charges for $175,000 over leveraged trading products, amid dissenting opinions from commissioners and broader regulatory scrutiny of DeFi platforms.
Cryptocurrency prices remained subdued on Wednesday primarily due to renewed concerns over a US economic slowdown and anticipation of key data that could potentially impact the Federal Reserve's decision on interest rates.
Uniswap (UNI) bulls eye a breakout above the 20-day EMA to spark a potential recovery towards the $6.74 level.
Over the course of the past year, Worldcoin has faced intense scrutiny from regulators around the world. Many governments had issues with its model and sought to shut it down.
The company has agreed to pay and to remove the leveraged pairs from the eponymous DEX.
Uniswap is struggling to emerge from the scrutiny of US regulators. It looks like the New York State Attorney General Letitia James is following the footsteps of the SEC chairperson Gary Gensler, when it comes to crypto. During the previous month, some venture capital firms who have invested in Uniswap received summons from James' office.
Uniswap agreed to settle the charges with the CFTC by paying a $175,000 civil penalty.
The Commodity Futures Trading Commission (CFTC) has reached a settlement with Uniswap Labs, the company behind the Ethereum-based decentralized exchange Uniswap.
On September 4, the CFTC announced that Uniswap Labs had agreed to settle the charges. As part of the settlement, the company will pay a civil penalty of $175,000 and has committed to ceasing any activities that violate the Commodity Exchange Act (CEA).
Dogwifhat open interest has spiked as its price has been trading below $1.90 since Aug. 25, while a trader points out a potential reversal pattern forming.
Popular decentralized finance (DeFi) tokens were among the market's top gainers Wednesday on the back of significant developments in their respective spheres. What happened: The native token of leading lending and borrowing capital Aave pumped over 7% to become the second-best performing cryptocurrency in the last 24 hours.