Uniswap, a decentralized cryptocurrency exchange, has announced an update for UniswapX, and users are hoping for more activity. The platform’s information quotation flow will be redesigned with the deployment of a new auction contract as part of the update. Updates to UniswapX, implemented via a new auction, rework the flow
Franklin Templeton, a prominent global asset management firm, has expressed strong optimism about the future of Solana (SOL) within the cryptocurrency ecosystem. The firm’s enthusiasm has played an influential role in the recent launch of Bitcoin and Ethereum spot ETFs in the U.S. Besides Bitcoin and Ethereum, there are other
The crypto industry has witnessed crucial events over the past few weeks. Amid the tumult of new digital assets approvals, amplified regulator scrutiny, and the July market crash, the community experienced a spur in activity. Specifically, the Tron Network and the Ethereum blockchains hit new milestones in the last 24
The crypto market witnessed a significant milestone as spot Ethereum began trading on Tuesday, following weeks of back-and-forth on registration statement edits. According to Sosovalue data, spot ETH ETFs recorded inflows within the first 24 hours of trading. While the ETF greenlight was expected to spark a bull run, the
XRP has initiated a downside correction from the $0.6200 zone, amidst the anticipation surrounding an upcoming meeting between Ripple and the U.S. Securities and Exchange Commission (SEC). Ripple CEO Brad Garlinghouse shared his optimism early in July that the years-long legal battle with the U.S. Securities and Exchange Commission (SEC)
Litecoin (LTC) has been in the spotlight recently, reaching an 18-day high of $74.61 two days ago. However, the cryptocurrency is experiencing a bearish trend, with its price dipping to $71.92, reflecting a 2.53% decline. Trading volume has also decreased by 37%, adding to the cautious sentiment. Despite this, recent
With CITI’s “buy” recommendation for Coinbase shares, the prominent cryptocurrency exchange has attracted a lot of interest from investors. The timing of this event, just before the exchange’s expected Q2 results report in early August, has sparked speculation as to why the market is so bullish. Coinbase’s rating has been
The overall crypto market, in the last 24 hours, recorded minor declines in market cap. Meanwhile, the overall trading volume increased by 21.96%. Leading cryptocurrency, Bitcoin with a modest daily decline slid back to the $66K level. On the other hand, the largest altcoin Ethereum, began showing price increases fueled
In the budget meeting for the fiscal year 2024-2025, India’s Finance Minister Nirmala Sitharaman upheld the existing tax regulations on cryptocurrencies, leaving the controversial tax-deducted-at-source (TDS) rate at 1% unchanged. This decision follows a significant urge from the crypto sector, which had asked for a reduction of the TDS to
Ending the eight month, the Securities and Exchange Commission (SEC) flashed the greenlight to the entry of spot Ethereum Exchange Traded Funds (ETF’s) in the U.S. This approval of ETH ETFs began trading in the market today. The investors were highly anticipating the new crypto asset to invest in. ETH
