Render (RENDER) joined Uniswap (UNI) as an underperformer, falling 12.5% since Friday.
This week, several significant events are poised to impact the crypto market. The FOMC interest rate decision, major token unlocks, and new ecosystem developments have the crypto space buzzing with anticipation.
Aave (AAVE) has become a focal point in the DeFi market, driven by a surge in whale activity and strong institutional support. Recently, a notable whale deposited 17,002 AAVE, valued at $5.9 million, onto Binance, generating questions about the future price movements of the token.
Uniswap's native token, UNI, has recently been facing downward pressure, with technical indicators showing a potential price decline ahead of the much-anticipated v4 upgrade. While UNI has consistently dropped in value over the past few weeks, some traders are wondering if this trend will continue or reverse as the platform prepares for an infrastructure overhaul.
UNI has consistently fallen over the last few weeks, but might this change soon?
Market sentiment shifted as a AAVE whale made moves.
After prolonged struggles near a crucial support level, UNI, the native token of Uniswap, a top-tier decentralized exchange, has failed to maintain that level and is now poised for a price drop. This notable breakdown of support comes as the overall market begins to experience a price decline.
Uniswap is making a determined effort to bounce back, with bulls stepping up to defend the crucial $12.3 support level. This price point has become a pivotal battleground since it could pave the way for a potential recovery or signal further bearish momentum.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
The ecosystem of DeFi continues to grow at a dizzying pace, and Uniswap intends to support it with a foundation for fund security.
Uniswap Foundation Projects launched a $1.2M fund to subsidize audits for Uniswap v4 hook builders, fostering security and innovation.
AAVE price remained under pressure this week as the recent demand in the crypto industry waned following Donald Trump's inauguration. The AAVE token dropped for two consecutive days, reaching a low of $336, down by 16% below its highest level this year. This decline has brought its market cap to $5 billion.
Uniswap Labs is about to launch its v4 upgrade on mainnet, introducing a number of new features. The long-awaited upgrade will focus on faster transactions, a smoother user experience, and increased customization tools for developers.
Whale movements in AAVE and UNI suggest significant potential price shifts.
An FBI sting revealed CLS Global's wash trading scheme; the firm has been fined $428K and barred from offering services to U.S. investors.
FBI investigators charged a UAE-based crypto firm for generating fake volume with wash trading algorithms on Uniswap's decentralized exchange.
Uniswap price has been highly volatile in recent days as the broader crypto market struggles to recover. Bitcoin remains near $104K, limiting overall momentum.
TL;DR Uniswap v4 will begin its gradual rollout this week, allowing developers to test new features. Version v4 introduces major improvements such as a “singleton” liquidity architecture and a “flash accounting” system. All Uniswap v4 contracts are expected to be fully deployed and ready for official launch next week.
While retail investors are buzzing about AI and meme coins, whales stack up on DAO (Decentralized Autonomous Organization) tokens like Lido DAO ($LDO) and Aave ($AAVE). Yesterday, a whale bought 2.72M $LDO, bringing their total holdings to 5.565M tokens.
Uniswap V4 deployment is to start this week ahead of the official launch in the coming week.
The US Securities and Exchange Commission (SEC) has also started a civil case against CLS Global for violating securities laws.
Uniswap Labs declared that the version 4 deployment rollout will gradually begin “this week for builders to test hooks and integrations on-chain.” With the DeFi resurgence in progress, the team expects all contracts to be deployed in the next seven days before a full launch.
CLS Global, a financial services firm that acted as a “market maker” in the crypto industry, has agreed to resolve criminal charges related to fraudulent market manipulation.
Uniswap Labs said its v4 deployment would start this week so developers can test hooks, and full deployment is expected by next week.
The charges against CLS Global stem from an undercover FBI investigation on wash trading using its own cryptocurrency as bait.
CLS Global deployed "volume generation" algorithms for “many clients” to fake their volume before being baited with a crypto made by the FBI.
Aave (AAVE) is gaining momentum, showing signs of strong bullish action and signaling a potential push toward new price milestones. Currently trading around $355, Aave has seen a 15.69% rise in the past 24 hours, as market sentiment strengthens and key resistance levels are breached.
Bitcoin (BTC) and the broader cryptocurrency market pulled back from their January 20 highs as the initial wave of optimism following President Donald Trump's inauguration began to fade.
The latest Ethereum news, with the new executive director of the Ethereum Foundation (EF) and its latest strategic ETH DeFi plans, have pushed the AAVE token surge.
AAVE token surges past $350 amid increased institutional investment from Trump's World Liberty Financial and strong network growth metrics, while technical indicators point toward further potential gains.
Immediately after Trump's inauguration ceremony, World Liberty Financial spent $110 million in stablecoin to purchase various crypto.
Aave's breakout rally gains strength, supported by bullish metrics and increasing market confidence.
Raydium price has surged to a record high of $7.8520, making it one of the best-performing crypto token in the industry. It has soared by over 3,200% as its network continued to flip popular decentralized exchange networks like Uniswap and PancakeSwap.
World Liberty Financial has ramped up its investment activity, spending $109.1 million across six cryptocurrencies in a single day. The fund allocated $47 million within the past hour to acquire 7,022 ETH worth $23.5 million, 174.1 WBTC for $18.8 million, and 5.037 million ENA tokens valued at $4.7 million.
World Liberty, backed by Trump, acquired $70M in ETH, LINK, AAVE and TRON, significantly boosting its portfolio to $325M. The post Trump-backed World Liberty buys $70M in ETH, TRX, LINK, AAVE, and ENA appeared first on Crypto Briefing.
World Liberty Financial has acquired significant amounts of LINK, AAVE, and TRX tokens, totalling over $18 million in recent investments.
Donald Trump, president of the United States, takes another important step towards the world of crypto. World Liberty Financial, a financial company linked to the Trump family, has recently invested over 15 million dollars in three strategic cryptocurrencies: Chainlink ($LINK), AAVE ($AAVE), and Wrapped TRX ($TRX).
Donald Trump-affiliated project World Liberty has diversified its treasury even further with these recent token purchases.
The cryptocurrency market has been experiencing significant fluctuations, but one asset that has recently caught the attention of traders and analysts alike is Uniswap's native token, UNI. After a period of struggle since December 2024, UNI has shown signs of a potential rally, with forecasts suggesting a possible 30% price surge in the coming days.
UNI's short-term price action could be in for some gains soon.
Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.
The Aave community is exploring new avenues to increase its revenue by considering Bitcoin mining. However, discussions on the Aave governance forum reveal some skepticism among token holders.
Users can now trade BGB directly on the Ethereum blockchain instead of relying solely on Bitget's centralized platform.
By tapping into this untapped opportunity, AAVE (GHO) aims to strengthen its treasury and increase Bitcoin holdings. This strategy will also enhance the stability of its stablecoin.
Crypto security expert Michael Lewellen has sued the U.S. Department of Justice for its “flawed and unjust” approach to blockchain code development.
Some tokenholders are expressing doubts about the proposal's profitability for the DeFi lending protocol.
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform's layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap's Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov.