Uniswap’s UNI Jumps Toward $7 as Whale-Fueled Rally Reshapes Market Sentiment
Uniswap’s UNI breaks key resistance on explosive volume as whales enter long positions, signaling renewed bullish momentum in Ethereum-based tokens.
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Uniswap’s UNI breaks key resistance on explosive volume as whales enter long positions, signaling renewed bullish momentum in Ethereum-based tokens.
Institutional investors show mixed signals on UNI as global trade tensions fuel sharp intraday volatility and volume spikes across key support and resistance zones.
Also: Lido goes modular; Uniswap finally launches Unichain
The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin’s 6% advance following Donald Trump’s victory.
Republican U.S. presidential candidate Donald Trump’s pledge to support the crypto industry with favorable policies hasn’t translated to a robust reception for his token sale this week, with just a tiny fraction placed out of the targeted $300 million.
The news is in line with the ongoing trend that’s hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
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