Uniswap Labs has recently issued a strong response to the SEC’s Wells notice, rejecting the agency’s attempts to regulate DeFi as misguided and legally unsound. The company expressed confidence in its position and readiness to defend itself in potential litigation against the SEC. In a blog post on May 20, Uniswap Labs criticized the SEC’s
Cryptocurrency
In the midst of the presidential election year, the DEX markets are witnessing a surge in the popularity of Donald Trump tokens. One of the latest meme coins to grab the spotlight is ‘Super Trump’ on the Solana blockchain. Despite initial excitement and a rapid price increase, Super Trump is currently trading at $0.0006, marking
Institutional investors have recently been doubling down on Bitcoin, showing a surge in confidence in the leading cryptocurrency. Last week, investment funds related to Bitcoin saw massive inflows, totaling $942 million. This surge in investments is seen as a bullish signal that could potentially drive Bitcoin’s price to $80,000. This influx of capital is attributed
Peter Schiff, a prominent gold bug, has been relentless in his criticism of bitcoin, even as the cryptocurrency soared above $70,000. Schiff’s latest warning came in response to the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission. He believes that if these ETFs are given the green light, it could
Ethereum, the second-largest cryptocurrency by market capitalization, is currently positioned at a critical juncture, with predictions of a potential breakout. Prominent crypto analyst Jelle recently highlighted that Ethereum is approaching the end of a falling wedge pattern, typically interpreted as a bullish signal in technical analysis. As Ethereum recently regained its 100-day Exponential Moving Average
The resurgence of retail investors in Ethereum meme coin markets has taken many by surprise. The rise of a new token, Apu, on decentralized exchanges (DEX) has captured the attention of many traders. This shift in market dynamics marks a notable change after a period dominated by Solana meme coins. The decline in Ethereum gas
In the world of cryptocurrency, every tiny indicator is examined under a microscope in hopes of predicting the next big move in the market. A recent development in the Bitcoin space has sparked optimism among analysts, suggesting a potential rally for the world’s largest cryptocurrency based on a unique technical pattern. The Stablecoin Supply Ratio
Bitcoin’s price has been fluctuating in the past 24 hours, dropping below $67,000 multiple times but managing to react positively to each correction. Despite some temporary setbacks, the cryptocurrency now hovers around the $67,000 mark once again. Last week, Bitcoin experienced a brief drop to just over $61,000 due to some issues with Coinbase, but
The cryptocurrency market is currently undergoing a significant transformation in terms of mainstream adoption and user engagement. As the Bitcoin halving approaches and the hype around BTC ETF grows, more investors are flocking to the space. Notably, crypto whales, investors with the power to influence market trends due to their substantial funds, are also becoming
A recent confidential report from the United Nations obtained by Reuters has shed light on the nefarious activities of North Korea’s notorious cybercriminal group, the Lazarus Group. According to the report, the hackers managed to transfer millions of dollars worth of stolen cryptocurrency back to North Korea last year. The cybercriminals targeted HTX, a crypto