The price of UNI, the token representing Decentralized Exchange Uniswap, dropped to its lowest point in over five weeks. This happened after Uniswap disclosed receiving a proposed lawsuit notice from US regulatory authorities. They are prepared to defend against this legal action. UNISwap’s announcement that they received a Wells notice from the SEC caused UNI … Read more
ENA has more than doubled in value since its airdrop last week Aggressive stockpiling seemed to have offset the potential deposit-induced selling pressure In simple terms, Ethana Labs’ native token, ENA, has gained significant attention in the cryptocurrency world. The buzz surrounding it started with its airdrop announcement but was further fueled by its price … Read more
ASIC intends to challenge the recent ruling in favor of Finder Wallet, a subsidiary of Finder.com in Australia, concerning their “Earn” product, which was deemed compliant with Australian financial regulations by a federal court. Previously, ASIC contended that Finder Wallet’s Earn product didn’t have the necessary license or authorization. However, on March 14, Federal Court … Read more
Ethereum noted a decline in bullish conviction in the Futures market Coinbase Premium Index showed traders from the U.S are adamant about the altcoin Ethereum‘s price surged from $3.2k to $3.7k in just three days, representing a notable gain of 16.2%. Yet, the bullish momentum was halted at the previous resistance level of $3.7k, which … Read more
WIF has recorded a significant decline in demand over the past week Low social activity confirmed the hike in bearish sentiments too Over the past 24 hours, the value of the meme cryptocurrency Dogecoin (WIF) has dropped by more than 10%. This significant decline has made it the top loser in the crypto market based … Read more
At press time, Bitcoin was trading at around $69,000 Open Interest figures were around $36 billion, despite BTC’s price decline After a series of price increases, Bitcoin reached an all-time high above $71,000, causing excitement among some investors. But when it dipped back below $70,000, opinions became divided, as the number of buyers and sellers … Read more