Uniswap native token, UNI, looks poised for additional upside after breaking out of key chart patterns, according to recent technical analysis by crypto trader Ali. In a tweet, Ali highlighted bullish formations on both Uniswap’s daily and 4-hour price charts that point to a target of around $6 for UNI.
October instilled a notion of optimism within the crypto space. From Bitcoin’s foray into $35,000, the global crypto market entering the greed zone to signs of recovery in non-fungible tokens (NFTs) and decentralized finance (DeFi), it went through a rollercoaster ride of hype and skepticism. There’s a growing curiosity in
Due to increased competition for available block space, Bitcoin transaction fees are at their peak level in almost six months. BitInfoCharts reports that as of November 7th, the average BTC transaction cost was close to $6. This week, on-chain transactions have seen significantly increased costs due to the resurgence of
The Avalanche Blockchain Network’s parent business, Ava Labs, let off 12% of its staff on November 6. On Twitter, Ava Labs’ founder and CEO Emin Gun Sirer broke the news that the firm will be laying off 12 percent of its staff. With this decision, the business will be able
The renowned analytics firm Santiment expects that the following week will be pivotal for the crypto sector, and may signal the beginning of a bull run if prices decouple from their current association with stock markets. It will clear any doubts whether the cryptocurrency market is still linked to the
The entire crypto market’s attention has turned to a heated dispute that emerged between Bitget, a prominent exchange, and Floki, a well-known memecoin. The dispute revolves around the listing and subsequent delisting of the newly launched token TokenFi . Floki recently launched TokenFi, a tokenization platform, and its native asset
The US Federal Reserve made a significant decision during its policy meeting from October 31 to November 1. Despite the US economy’s resilience and persistently high inflation above the Fed’s 2% target, the central bank chose to keep interest rates steady at their current 22-year high. This decision marks the
Experienced Emerging Markets and Crypto Investor to Expand CoinFund’s APAC Expertise NEW YORK–(BUSINESS WIRE)–#APAC–Today CoinFund, a leading crypto-native investment firm and registered investment adviser, announces the appointment of Hong Kong-based Dmitry Lapidus as Senior Liquid Analyst to deepen analysis of liquid opportunities globally. In this new role, Dmitry will help
Following Bitcoin’s recent climb, numerous altcoins witnessed a rapid gain, resulting in huge fluctuations in the crypto market. Solana (SOL) continued to show their resilience with higher moves despite the altcoin market entering a consolidation state lately. While this was taking place, Solana’s price continued to rise, and now sits
The popular meme coin Shiba Inu (SHIB) has experienced a massive surge in on-chain activity recently, according to blockchain analytics firm IntoTheBlock. The most striking data shows a 454.38% explosion in large transactions worth $100,000 or more within just 24 hours. This translated to over $35 million in large SHIB
