Ethereum price has just hit a new all-time high on Coinbase and the DeFi market is following closely. In the past week, there are several DeFi projects that have experienced gains higher than 100%. Uniswap price has also hit a new all-time high at $9.93 today reaching a total market capitalization of $2.4 billion. Similarly, Chainlink price also established a new all-time high...
Despite the wild price swings in March 2020, Bitcoin closed the year very well-above its 2017 all-time high. In December 2020, the Bitcoin price jumped by 66.1%. Impressively, the astounding bitcoin price rally turned unstoppable after 17 December 2020, and bitcoin price crossed $34k. All in all, cryptocurrencies benefited from a diverse set of cryptonews in 2020. It started with the pandemic triggered...
The Bitcoin price is increasing like crazy. Many other cryptocurrencies are on a crazy drive. At the time of writing this, the Bitcoin price is sitting at USD 34165.50 and the BTC price has increased by almost 29% in the last 7 days. In the last seven days, the market has exhibited a great change. Some altcoins are showing great...
Unsiwap, a popular DEX protocol finally saw its liquidity pool cross $2 billion while the UNI price soared by 25% in last 24hrs. Uniswap market cap crossed $2 Billion for the first time after the termination of the popular UNI...
The third governance vote for decentralized exchange Uniswap has begun, and it proposes creating a grants program for the platform. DeFi automated market maker Uniswap has started its third governance vote, which outlines a framework for funding the ecosystem's development with grants from the UNI Community Treasury. At the time of writing, the vote,...
Recently, there has been quite a bit of research and development in exchanges, which led to the development of decentralized exchanges (DEXs). DEXs are exchanges which operate in a decentralized way, allowing the peer-to-peer exchange of cryptocurrencies. They are based on a trading pair matching system which allows people to post orders and trade without relying on a a third party to manage...
We have seen BTC try to reach the All Time High price and it just fell short of $20,000 and we saw a corrective move towards early half of $16,000 which was expected. Let us review some altcoins and see their price action. DOT/USD - Price prediction...
The cryptocurrency market is displaying crazy behavior. The major cryptocurrencies like Bitcoin, Ethereum, and Ripple are displaying great performance but some of the altcoins are also on a drive. Here are the top 5 performing cryptocurrencies of the week (week-16). Let’s take a look at it in more detail....
With just five days to go until closure, Uniswap yield farmers are getting jittery as there will be a lot of liquidity that needs to go somewhere. Uniswap joined the DeFi farming frenzy on September 17 when it launched four...
After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last week, the DeFi market has outperformed the overall crypto market in terms of the overall percentage gains. The Defi...
Uniswap has a new proposal pending to help users that have interacted with the exchange through a proxy or third-party to get their UNI airdrop. The proposal has already 37.5 million votes in favor and only needs to reach 40 million to pass. There are only 1.2 million votes against it. It certainly seems that the proposal will most likely pass, which means...
DeFi protocol Uniswap has concluded its first governance vote with a failure to come to quorum by a minuscule margin. The good news is that it keeps the platform relatively decentralized … for now. The first governance...
DeFi protocol Uniswap is currently undergoing its first governance vote but members of the crypto community have noticed that the whales are largely in control of it. The initial proposal was made by DeFi lending and...
UniSwap bleeds profusely after rejection from $3.6. Initial support is embraced at $3, but UNI/USD looks primed for losses eying $2.5. UNI, the official token of the...
UniSwap, the decentralized exchange that established itself as the most popular DEX within 8 months is on the verge of an important change in its governance system. Recently, UniSwap launched its native protocol token UNI. The aim was to transition Uniswap into a decentralized, community-owned protocol. However, since the very beginning, the UniSwap governance system received heavy criticism as the thresholds are very...
In September, Uniswap monthly volume rose to $15.3 billion, outstepping Coinbase. This is, however, a sign that DeFi has gathered strength and will continue to thrive in the market. According to reports, the Uniswap decentralized exchange processed up to $15.371 billion in volume for the month...
2020 has been dubbed the year of decentralized finance (DeFi). The DeFi ecosystem is made up of both decentralized finance and decentralized applications (dApps). According to DappRadar, the Ethereum blockchain currently houses about 96% of all DeFi ecosystem transactions. The introduction of yield farming has...
Uniswap’s native token, UNI, is flowing into the protocol’s governance mechanism but its prices are still tanking despite an increase in collateral. According to recent metrics from Dune Analytics, around $47.5 million in UNI tokens...
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