Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
As the markets are heading towards the end of the year, the volatility has increased as expected. Meanwhile, these levels favour both the bulls and the bears at frequent intervals, suggesting a particular pattern being formed within the markets.
With the crypto market witnessing a new bearish hiccup, Uniswap trades above crucial levels. Absorbing the market hits, Uniswap aims for a breakout rally. However, the whales' activities are a matter of concern.
After an impressive rally in November, which confirmed macro bullish sentiment, Uniswap (UNI) has been consolidating in the past two weeks to give a chance for more buyers. Furthermore, the mid-cap altcoin, with a fully diluted valuation of about $16.
Amidst the tumult of whales and the shine of profits, Uniswap dances with the hope of a rise
Uniswap (UNI) has experienced an impressive surge, climbing nearly 20% in just 24 hours, reaching its highest price in three years. This surge has surges excitement among investors, pushing UNI closer to breaking key resistance levels that could pave the way for even greater gains.
If UNI can recover from the temporary pullback and the momentum remains bullish, the next target for price is $27.41.
Chainlink and Aave prices have done well, becoming some of the top crypto coins in the ongoing bull run. LINK is up by 250% from its August lows, while AAVE has surged by 600% from the year-to-date low.
Uniswap (UNI) price has surged nearly 20% in the last 24 hours, reaching its highest levels in three years. This rapid rally has pushed UNI price closer to breaking key resistance levels that could lead to even greater gains.
Uniswap's price has rallied, crossing a crucial resistance level, with many crypto experts predicting further gains ahead. Uniswap (UNI) token surged to $19.44, its highest level since December 2021, as crypto momentum continued to strengthen.
The Uniswap price has reclaimed the $18 mark during the early Asian market with an impressive price pump. Moreover, Uniswap's TVL has jumped 15.58% (M-o-M) to $6.720 billion, highlighting the increased adoption of this chain in the crypto-verse.
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
Raydium, the well-known DEX native to the Solana blockchain, has once again surpassed Uniswap in monthly trading volumes.
Raydium's success is tied to Solana's dominance in DEX volumes, with Solana capturing nearly 50% of the market in November.
Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.
In November 2024, Raydium, a decentralized exchange (DEX) native to Solana, surpassed Uniswap in terms of monthly volumes for the second consecutive month, according to a crypto report. Discover the impressive figures behind this success!
While digital assets see a sigh of relief with Bitcoin jumping above $98,000, altcoins are swiftly rebounding. Raydium's RAY led the gainers within the past day, following a 29.24% price surge. Besides the ongoing broad market recovery, bullish ecosystem developments contributed to the alt's outperformance in the past 24 hours.
Meme coin trading was a key driver of Raydium's volume with meme coins accounting for 65% of Raydium's monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row.
A significant whale transaction caught the crypto community's attention. A whale, using the wallet address “0x972,” made a massive swap, shifting from Uniswap (UNI) tokens to DYDX, the native token of the decentralized exchange (dYdX).
Matt Kreiser, a research analyst at Messari, reported that Raydium had eclipsed Uniswap to become the top DEX by trading volume across all chains for two consecutive months. Solana's Raydium(~$125B) outperformed Uniswap (~$91B) in monthly DEX volume by almost 30%.
Uniswap's native token, UNI, has come under intense selling pressure, raising concerns about its near-term trajectory. On December 10, 2024, blockchain analytics platform Lookonchain reported a significant sell-off by Cumberland, a high-profile trading firm, which offloaded 989,520 UNI tokens worth $16.73 million across major exchanges, including Binance, Coinbase, OKX, and Robinhood.
Cumberland dumps a significant 989,520 UNI tokens, worth $16.73 million.
Digital assets appear ready for recovery after the latest flash crash, which saw billions liquidated from the crypto market in the past few sessions. Let's explore movements in large-cap altcoins for an overview of the ongoing developments amid the rotation from BTC to altcoins.
DYDX's price action over the next few days could be very interesting.
Uniswap (UNI) is one of the leading decentralized finance (DeFi) tokens that continues to attract attention for its decentralized exchange (DEX) model. With its ability to facilitate peer-to-peer cryptocurrency trading without relying on intermediaries, Uniswap has positioned itself as a major player in the crypto market.
UNI, the native token of UniSwap, appears to be struggling and is poised for further price declines as whales and institutions shift their interest. On December 10, 2024, the whale transaction tracker Lookonchain posted on X (formerly Twitter) that a high-profile trading firm, Cumberland, had dumped a significant 989,520 UNI tokens worth $16.73 million.
PEPE surpasses Uniswap in market capitalization following a meteoric rise, signaling memecoins' increasing momentum.
Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.
PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.
Uniswap price surged over 40% in the past week, and 400% from the 2023 lows, and this rally can be attributed to the strong bullish trend in the cryptocurrency market. With BTC hovering around $100,000, a sustained uptrend is likely.
Pepe, the frog-themed meme coin, has surpassed $11 billion in market capitalization, briefly overtaking Uniswap's token UNI, which holds a market cap of approximately $10.6 billion.
Uniswap continued its strong rally, rising for three straight weeks, and reaching its highest level in three years. Uniswap (UNI), the biggest player in the decentralized exchange industry, jumped to $18.
Uniswap (UNI) is holding steady above the $17 mark, following a successful break above this level. With the bulls maintaining their grip on this critical support level, speculation is rising about whether this could be the calm before a bullish storm.
UNI's price action could be in for quite a ride over the next few weeks.
According to data from CoinMarketCap, Pepe has a maximum supply of roughly 420 trillion tokens, with all tokens already in circulation.
Story Highlights The live price of the UniSwap crypto token is . The UNI price could reach a maximum of $24.83 in 2024. Unicoin price with a potential surge, may reach a high of $89.24 by 2030. DeFi's have come into existence with the idea of no intermediaries.
Uniswap (UNI) price has seen impressive growth, crossing the $10 billion market cap and rising 80.44% in the last 30 days. With the price currently at 67 on the Relative Strength Index (RSI), UNI is approaching overbought territory but still has room to grow before signaling an immediate correction.
Ethereum faces a $500M blow as Uniswap's shift to Unichain challenges the deflationary model.
Uniswap exchange inflows reached a one-week high of 1.54M UNI on the 4th of December.
TL;DR Uniswap will migrate to its own blockchain, Unichain, which could result in annual losses of between $400 and $500 million for Ethereum validators. The migration will reduce the ETH burn mechanism, which has destroyed around $1.6 billion in ETH, affecting Ethereum's deflationary model.
Uniswap's move to Unichain could cost Ethereum validators $400-$500M in lost annual revenue.
Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.
Uniswap (UNI) Labs partners with Fireblocks to enable financial firms to tap into DeFi through Uniswap's Trading API, offering deep liquidity and competitive pricing.
TL;DR Fireblocks has launched new features for its DeFi suite, including Swaps and Token Allowance Manager, enhancing security and simplifying access to applications. Tokens can now be swapped directly from the platform's console, eliminating the need for external accounts and reducing operational risks.
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