Uniswap weekly trade volumes reach a record high of $10B

Uniswap’s decentralized exchange set a new weekly volume record on Tuesday, with cumulative transactions exceeding $10 billion amid the ongoing decentralized finance boom. If Uniswap manages to maintain its current pace, it will process over $500 billion worth of transactions in a year. Uniswap is a decentralized exchange (DEX) based on Ethereum that allows anyone to swap ERC20 tokens. Uniswap launched its UNI governance token in September 2020, with an airdrop to anyone who had used the protocol prior to September 1. looking forward to Uniswap weekly trade volumes reach a record high of $20B.

Ethereum Reclaims 100 SMA

Ethereum remained strong above the $2,200 level and it climbed higher against the US Dollar. ETH price is back above the 100 hourly SMA and it is signaling more upsides above $2,400. Ethereum remained well bid above the $2,100 zone. As a result, ETH started a fresh increase above the $2,180 and $2,200 resistance levels.

PayPal’s Venmo Launches New Service Enabling Users to Sell, Hold, And Buy Crypto

Venmo mobile payment app, owned by PayPal Holdings, has announced that it has begun allowing its users to sell, hold, and buy cryptocurrencies on its app. The development is a significant step, as it indicates that crypto is slowly but surely entering mainstream adoption.

Institutional XRP Inflows Surge to Hit $33 Million, Almost Doubling Its AUM

According to CoinShares’ weekly digital asset inflows report, XRP has been the most popular investment among digital asset products currently offered, with its weekly inflows totaling $33 million. This has resulted in XRP nearly doubling its asset under management (AUM), or investment products, to hit $83 million.

Atomic swaps and network upgrades send Monero (XMR) price to a 3-year high

Monero’s price is closing in on its 2017 all-time high as network upgrades, atomic swaps and real-world integrations catch the attention of retail and institutional investors. As the 2021 bull market cycle unfolds with decentralized finance and nonfungible tokens, or NFTs, being two of the biggest driving forces for growth, old-school cryptocurrency projects have quietly been climbing higher as their established track records begin to attract traders who value a longer history of success.

bitcoin price

What Do Experts Say About the Bitcoin Price in 2030? A Glimpse Into BTC’s Future

Bitcoin has become a popular investment choice due to its potential for significant financial gains. A major consideration in investing in Bitcoin is predicting the cryptocurrency's value in the future ...
Read More
5 Things to Consider Before Investing in Cryptocurrency

5 Things to Consider Before Investing in Cryptocurrency

5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over ...
Read More
Crypto Tax In India Guide

Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
Read More

What Online Industries Affect The Growth of Crypto the Most in 2023?

A cryptocurrency is a form of digital asset that may be traded freely, independent of a bank or centralized authority. The $1 trillion cryptocurrency industry is now represented by 23,994 ...
Read More
shutterstock 659324809 1 1U2yg5

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
Read More
Share with Others