Uniswap (UNI) has experienced strong selling pressure recently, with major holders transferring millions of UNI tokens to exchanges like Binance and Bybit. A Cumberland-linked wallet moved 2.5 million UNI worth $8.73 million, while another long-term holder sold 9.29 million UNI valued at $33.46 million. This increased sell-side supply amid weak market demand has pushed UNI's price down, with technical indicators signaling bearish momentum. If selling continues, UNI may test the $3 support level, although renewed buying interest could help defend around $3.40.
Bitwise CIO Matt Hougan predicts Bitcoin, Solana, Hyperliquid, and Uniswap will benefit greatly from the growing tokenization of real-world assets (RWA) like stocks and bonds. The total value of tokenized assets has surged to $31.73 billion, reflecti...
A large Uniswap (UNI) holder accumulated $2.35 million worth of tokens over five days during a price correction, signaling strong underlying demand. Despite UNI's price falling from $7.48 to around $6.02, exchange reserves dropped nearly 12%, indicat...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Unicoin has filed a lawsuit against Uniswap Labs in New York federal court, seeking a declaration that its UNICOIN brand does not infringe on Uniswap's trademarks and requesting cancellation of Uniswap's federal UNI trademark. The dispute arose after...
Ethereum Classic dropped sharply by 11.77% to $7.88, making it the biggest loser among major cryptocurrencies today amid a wider altcoin downturn without specific news. In contrast, NEAR Protocol rose 5.26% to $2.45, possibly driven by ongoing ecosys...
