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news-imageDecember 21, 2023

These are the most profitable DeFi crypto projects in 2023

The cryptocurrency industry had a relatively mixed year in 2023. It started the year well and then resumed the crypto winter where most coins were in a narrow range. It then bounced back in the fourth quarter, with most coins and tokens surging. There are now over 11,600 cryptocurrencies, according to CoinGecko.
Publisher: Invezz
Sentiment: Positive
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cover-imageThe Currency Analytics
November 21, 2024

California Court Rules Lido DAO Members Liable Under Partnership Laws

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.

Negative
cover-imageThe Currency Analytics
November 20, 2024

US District Court Dismisses Lido DAO's Claim of Not Being a Legal Entity

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.

Positive
cover-imageCoingape
November 15, 2024

Top Expert Claims Uniswap Price Primed For 45% Rally

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.

Positive
cover-imageCrypto Daily
November 14, 2024

Crypto Price Analysis 11-14 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, UNISWAP: UNI, IMMUTABLE: IMX

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

Positive
cover-imageThe Currency Analytics
November 13, 2024

Uniswap Surges 38% in a Week: Price Rally Analysis

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.

Neutral
cover-imageThe Currency Analytics
November 9, 2024

Uniswap Hits 4-Month High, But Profit-Taking Threatens Further Gains

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.

Positive
cover-imageThe Currency Analytics
November 8, 2024

Paradigm Capital Transfers 70 Million Lido DAO Tokens Amid Crypto Bull Run

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.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Uniswap Eyes Golden Cross After 35% Rally, Targets $10

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.

Negative
cover-imageCoingape
November 4, 2024

Uniswap Price Could Dive 31% as Whales Dump UNI

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.

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