Uniswap Labs, the company behind the decentralized exchange Uniswap, has issued a response to the Wells Notice from the U.S. Securities and Exchange Commission. Meanwhile, Uniswap’s native token UNI has surged 2.0% over the last 24 hours and 37% over the week to hit $9.48. Uniswap Labs Criticizes SEC’s Legal Basis In a blog post […]
TL;DR Polkadot (DOT) saw a 7% daily price increase, exceeding the $7.50 mark, with analysts predicting further gains, potentially reaching $10 and beyond. Analysts such as Michael van de Poppe and Block Diversity envision DOT’s next targets in the $9-$25 range, boosted by the recent introduction of the JAM whitepaper and surpassing important resistance levels. […]
“It’s happening,” exclaimed Bloomberg ETF analyst James Seyffart on May 22 who added that at least five of the potential ETH ETF issuers have submitted their amended 19b-4s to the Securities and Exchange Commission a few hours ago. Fidelity, VanEck, Invesco Galaxy, Ark 21Shares, and Franklin all submitted amendments via the Chicago Board Options Exchange […]
TL;DR Ripple’s XRP surged 6%, nearing $0.55, with analysts predicting significant gains, including targets up to $15-$20 based on bullish indicators and RSI patterns. The outcome of Ripple’s lawsuit with the US SEC could also significantly impact the token’s value, potentially triggering substantial volatility. Where is XRP Headed? The cryptocurrency market has been booming lately […]
Binance is seeing a massive buyer demand for Ethereum, fueled by optimism surrounding the potential approval of a much-anticipated spot Ether ETF, prompting traders to aggressively accumulate the asset using market orders, even at higher prices. This was spotted by CryptoQuant after a massive spike in the Net Taker Volume for Ethereum on the popular […]
On Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with the bankrupt cryptocurrency firm Genesis Global. This agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 Billion Settlement In a post on social media platform X, AG […]
Polimec, a decentralized and community-driven funding protocol designed to transform how Web3 projects raise capital and issue tokens, has officially launched on Polkadot. Polimec offers a transparent, regulatory-compliant environment that connects investors and startups on a global scale. Community-Driven Web3 Fundraising According to a statement shared with CryptoPotato, Polimec represents a significant advancement in Web3 […]
Digital asset investment products surged for the second consecutive week, reaching a total of $932 million. Despite an increase in inflows, the trading volume for the week was only $10.5 billion, significantly lower than the $40 billion recorded in March. Notably, the influx of funds was largely prompted by the unexpected CPI report released on […]
ETH prices topped $3,700 in an intraday high in early trading in Asia on Tuesday, May 21. It is the highest the asset has been since early April when it spiked to similar levels before dumping below $3,000 a week later. The massive 20% move has been triggered by renewed hopes that the US Securities […]
Bitcoin had a relatively quiet past few days, especially during the weekend, and had stalled at around $67,000 before the bulls initiated a mind-blowing leg up that drove the asset to less than $2,000 away from its ATH of $73,750. The alternative coins, led by ETH’s rally, are also in the run, and this volatility […]