Bitcoin range recovery could boost UNI, SUI, OP and HNT
Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.
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Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.
This weeks Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTXs repayment plan.
The CFTCs director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygons native token executed a key technical upgrade.
The crypto market remains volatile as the two leading giants, Bitcoin (BTC) and Ethereum (ETH), struggle to gain traction. Bitcoin (BTC) has fallen sharply below crucial resistance, extending its bearish trend into September, while Ethereum has stayed below its All-Time High (ATH). On the other hand, ETFSwap (ETFS), a new
In a recent order issued by the U.S. Commodity Futures Trading Commission (CFTC), Uniswap Labs was fined $175,000 for offering illegal digital asset derivatives trading. This case specifically revolved around Bitcoin and Ethereum leveraged tokens that were deemed leveraged or margined commodity transactions. According to the CFTC, these tokens were […]
BitMEX has introduced a new perpetual swap listing, POLUSDT, offering traders up to 10x leverage, according to BitMEX Blog. (Read More)
Uniswap has also been required to halt the illegal offerings and will ensure compliance with the Commodity Exchange Act moving forward.
BitMEX is set to launch a new POLUSDT perpetual swap contract with up to 10x leverage on September 5, 2024. (Read More)
In a significant move, the CFTC issued Uniswap an order accusing the DEX of illegally offering leveraged or margined retail commodity transactions in digital assets via a decentralized digital asset trading protocol. The order requires Uniswap Labs to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act [CEA], […]
In a statement made public on September 4th, the Uniswap Labs, a developer of decentralized exchange (DEX), was charged by the US Commodity Futures Trading Commission (CFTC) with the unlawful sale of leveraged cryptocurrency trading to retail investors in the US. As part of the settlement, Uniswap Labs complied with
One CFTC commissioner dissented, calling the action regulation by enforcement.
Uniswap hit with order by CFTC for illegal trading in digital asset derivatives The decentralized exchange will pay $175,000 in civil monetary penalty and is also ordered to cease and desist from the illegal offerings. Uniswap has settled with the Commodity Futures Trading Commission after the regulator found the decentralized exchange had violated derivatives trading […]
The post Uniswap hit with CFTC order over illegal crypto derivatives trading appeared first on CoinJournal.
ETFSwap (ETFS) is gaining traction in the cryptocurrency space, drawing investor interest with its coin offerings and solid performance. While Ethereum (ETH) and Polygon (MATIC) have long been the go-to options, ETFSwap (ETFS) is beating the odds to rank as the new preferred option. ETFSwap (ETFS) recent success is turning heads, indicating a shift in […]
The cryptocurrency market is rallying back from the prevailing downtrend of the past months to consolidate for major price push-ups, prompting crypto traders and investors alike to search for high-ceiling assets to add to their portfolios. Bitcoin (BTC) and Ethereum (ETH) whales have taken the market-moving step to add ETFSwap
Uniswaps UNI has grown in favor of investors as the token continues its upward trajectory in the face of crucial on-chain developments. According to CoinGecko, the token surged 30% since last month, keeping the token on the green zone. With the markets renewed bullishness, UNI might be on the road for some gains in the [...]
The post UNI Surges 30% Amid Ongoing On-Chain Development Talks appeared first on Crypto Breaking News.
BitMEX introduces HMSTRUSDT perpetual swap with up to 50x leverage, providing traders with new opportunities in Hamster Kombat (HMSTR) trading. (Read More)
ETFSwap (ETFS) is set to have the biggest launch in the Decentralized Finance (DeFi) space, with thousands of investors preparing ahead and selling off their coins to invest in its native token, ETFS. Through its distinctive approach to decentralized trading, ETFSwap (ETFS) will transform the way we trade cryptocurrencies and Exchange-Traded Funds (ETFs), taking advantage […]
BitMEX announces the listing of CATIUSDT perpetual swaps, offering traders up to 50x leverage starting September 23, 2024. (Read More)
PancakeSwap announces its v4 update to improve liquidity provision, interoperability and scalability, aiming to resolve AMM shortcomings.
BNB price has struggled, but some investors claim Changpeng CZ Zhaos release will pump BNB price even as network fundamentals worsen.
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