Saturday, November 28, 2020
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Uniswap Proposal to Airdrop More UNI Falls Short in Governance Vote

The votes were staggeringly in favor, but a quorum was not reached, and Uniswap’s second-ever governance proposal has been defeated.The proposal, submitted by decentralized finance (DeFi) portal Dharma, was to distribute 400 UNI tokens each to 12,619 addresses that interacted with Uniswap through third-party apps. In a surprise airdrop on

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Market Wrap: Bitcoin Falls to $12.7K as Global Equities Falter; Ethereum Fees Continue to Drop

Bitcoin’s price fell Monday on larger macroeconomic concerns while lower Ethereum fees benefit hardcore DeFi users.Bitcoin (BTC) trading around $13,011 as of 20:00 UTC (4 p.m. ET). Slipping 0.33% over the previous 24 hours.Bitcoin’s 24-hour range: $12,773-$13,250BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.Bitcoin

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Market Wrap: Bitcoin Pulls Back From $13K While Ether Falls on DeFi Cooling

Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off.Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours.Bitcoin’s 24-hour range: $12,731.06-$13,192.25.Bitcoin’s price had a minor pullback Friday after hitting fresh new 2020 highs that put it

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Dow Falls as Intel Stock Crashes, Stimulus Talks Grind to a Halt

The Dow Jones dropped 80 points Friday.Stimulus talks are deadlocked as surging U.S. coronavirus cases threaten the recovery.Intel stock’s losses were a major drag on the Dow.The Dow Jones slipped on Friday, as Intel’s crash weighed on the index. Deadlocked stimulus negotiations and surging coronavirus cases were additional concerns for

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Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low

Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million.In simple terms, options derivatives contracts allow investors to buy protection, either

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Whales accumulate Ethereum as sell pressure falls

The latest findings by Santiment, published in Cryptox Consulting’s biweekly newsletter, suggest that regular users are returning to Ethereum in response to lower transaction fees.Several influential Ethereum cohorts — including miners and some of Ethereum’s largest non-exchange addresses — have been showing signs of ongoing accumulation and increased confidence in

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