#UNIUSD

[blockchainx2023]

What are the most traded cryptocurrencies?

The world of cryptocurrencies is quite diversified. Anybody who is familiar with blockchain technology may establish their own cryptocurrency if they so want with relatively few obstacles to overcome. Nowadays, large, smaller, and specialized exchanges list more than 1600 cryptocurrencies.

It is reasonable to assume that just a few of those cryptocurrencies and digital tokens are actually significant, maybe no more than ten or twenty. That smaller group may be reduced once more to cryptocurrencies that are routinely used to pay for usage of a blockchain platform using utility tokens or are traded sufficiently to have actual liquidity. We may certainly put 20 to 30 various digital currencies in this category.

The two most well-known cryptocurrencies since the cryptocurrency craze began are Bitcoin and Ethereum (Ether). There are other cryptocurrencies that have succeeded in breaking even, even if Ether and Bitcoin continue to be the top two rivals in the crypto world. Cryptocurrencies like Cardano (ADA) and Solana (SOL) have just joined the top 10 most valuable cryptocurrencies by market cap, following in the footsteps of Bitcoin and Ether.

Axie Infinity (AXS), Filecoin (FIL), and Uniswap (UNIUSD) are a few more prominent cryptocurrencies besides Bitcoin and Ethereum, however their value and popularity fluctuate. Also, the specially developed Crypto 10 Index, which is made up of the most well-known cryptocurrencies at any given moment, may also be traded by traders who want exposure to many types of cryptocurrencies.

What Are the Most Popular Cryptocurrencies Among Traders?

The enormous selection of cryptocurrencies on the market is quickly expanding. This in turn may make it more difficult for traders and investors to stay current with the most well-known cryptocurrencies available. Selecting cryptocurrencies that are "worth" trading and investing in might be a little difficult. Yet one approach to find out which cryptocurrencies are traded the most is to look at those that are available as CFDs on well-known trading platforms like Plus500. The cryptocurrency that Plus500's traders are most curious about are listed below.

Illustrative prices.

The top cryptocurrencies available now, according to a fast web search, are:

Bitcoin

Ethereum

Cardano

Solana

Litecoin

Let's quickly review each of their distinguishing characteristics as they are all fairly dissimilar.

Bitcoin

The cryptocurrency industry was launched in 2009 with the introduction of Bitcoin, which is regarded as the first cryptocurrency. A person or group of people going by the alias Satoshi Nakamoto created Bitcoin and the blockchain technology upon which it is based. As an alternative to the fiat monetary system, bitcoin was proposed. Satoshi Nakamoto's real identity has never been made public.

Nakamoto made the case in the Bitcoin whitepaper that a fiat monetary system dominated by central banks and a select few financial institutions resulted in a concentration of wealth and power and restricted access to social and economic mobility. Savings of common people were decimated by inflation, partly as a result of central banks creating money.

Bitcoin fixed the total amount of units ever produced, eliminating the issue of inflation brought on by the creation of new money. Bitcoin does not require banking institutions to facilitate transactions and confirm ownership due to peer-to-peer blockchain technology.

Bitcoin is still by far the most widely used cryptocurrency, and changes in its price have a significant effect on the rest of the market.

Ethereum (Ether)

The second-most popular cryptocurrency historically is Ethereum, however it differs greatly from Bitcoin. The blockchain platform's name is really Ethereum, and the currency's name is Ether. Blockchain technology used by "smart contracts" is Ethereum.

They may also be seen as predetermined "rules" from which a variety of Dapps, or decentralised applications, can be made. Games and Initial Coin Offerings (ICOs), which are the cryptocurrency industry's version of crowdfunding or IPOs, are both examples of Ethereum Dapps.

The original blockchain has continued to be the most widely used, despite the fact that numerous smart contract platforms have emerged since Ethereum, each claiming to offer more advanced blockchain technology.

Unlike Ether, which is used to pay for usage of the Ethereum network and is exchanged as an asset, Bitcoin is meant to serve as an alternative to conventional fiat currencies. It is referred to as a cryptocurrency "utility."

Cardano

Charles Hokinson, a co-founder of Ethereum, introduced the Cardano blockchain in 2017 and it is powered by the Cardano (ADA) token, a local cryptocurrency. Third-generation "proof-of-stake" (PoS) blockchain platform Cardano was introduced and is valued at $40.4 billion (as of March 2022). Owners of Cardano (ADA) authenticate transactions on the Cardano network in exchange for incentives, which is known as "staking," since this decentralised system employs proof-of-stake (PoS). Cardano is seen as an improved version of or a successor for Ethereum, despite the fact that both the Ethereum and Cardano platforms make use of Smart Contracts and other related technology.

Solana

This currency is used to run the Solana blockchain, a permissionless layer-1 blockchain created in 2017 by former Qualcomm CEO Anatoly Yakovenko. This third-generation blockchain seeks to provide users with the benefit of enhanced throughput above and beyond the conventional capabilities of existing well-known blockchains while keeping prices reasonable. It makes use of proof-of-history, a more sophisticated variation of proof-of-stake (PoS) (PoH). Moreover, a variety of DeFi platforms, NFTs markets, smart contracts, and decentralised apps are supported by Solana's architecture (DApps). The market capitalization of Solana (SOL) was estimated to be $37.4 B in March 2022.

Litecoin

A significant challenger to Bitcoin and a potential alternative to fiat currency, Litecoin first appeared in 2011. Former Google programmer Charles "Charlie" Lee and his team created Litecoin with the intention that it might one day be used to pay for commonplace products and services. As Litecoin transactions may be validated by the P2P network far quicker than Bitcoin transactions, Litecoin has positioned it as a more usable and technologically advanced alternative to Bitcoin.

Although theoretically this might make Litecoin more appealing to retailers, the fact that there are currently so few "real-life" cryptocurrency transactions maintains Bitcoin well ahead as the preferred fiat alternative cryptocurrency. Yet, Litecoin's incredible market value of $9.279 billion (as of March 2022) demonstrates its appeal.

[newsbtc-com]

Charted: Uniswap’s UNI Sets New ATH At $45, Why It Could Extend Gains

[thecryptoreport]

A 1,000 ETH trade via DEX aggregators can now give lower slippage than Coinbase

A 1,000 ETH trade via DEX aggregators can now give lower slippage than Coinbase

Decentralized exchanges (DEX) seem to have technically met the trading experience offered by popular, high-profile crypto exchanges. DEXs to the rescue Thinking of trading a high amount of large-cap crypto? A decentralized exchange (DEX) might be a better bet than using the “centralized” alternative if slippage is a concern. DEXs, as they are popularly known, are on-chain alternatives to a…

[cryptoheard]

Uniswap (UNIUSD) Price May Break Up $7.2 Level

Uniswap (UNIUSD) Price May Break Up $7.2 Level

Join Our Telegram channel to stay up to date on breaking news coverage The bulls are taken over Uniswap market Uniswap Price Analysis – October 27 Further increase in the bulls’ momentum may break up the resistance level of $7.2, this may increase the Uniswap to $7.9 and $8.9 resistance levels. Failure from the bulls to break up the resistance level of $7.2, may decrease price to $6.7, $5.7 and…

[primorcoin]

New Post has been published on https://primorcoin.com/uni-jumped-6-as-uniswap-labs-secures-a-165-million-fundraiser/

UNI Jumped 6% as Uniswap Labs Secures a $165 Million Fundraiser

The team behind the decentralized exchange – Uniswap Labs – raised $165 million in a Series B funding round, which will be allocated for NFT investments and developer tools.

Shortly after the announcement, Uniswap’s native token – UNI – spiked by nearly 6%.

Uniswap’s Latest Fundraiser

Per a recent announcement, the multi-million initiative was led by prominent names in the financial field, including Polychain Capital, Andreessen Horowitz (a16z), SV Angel, Paradigm, and Variant. As a result, Uniswap Labs’ valuation surged to approximately $1.66 billion.

CEO Hayden Adams said the entity will use the funds to invest in its web application and developer tools as well as launch NFTs.

“I’m so grateful for the support of our incredible community, users, investors, and team. And I can���t wait to share more in the months ahead,” the executive stated.

In addition, Adams revealed that the recently established Uniswap Foundation (an organization that oversees the development of the DEX) will give at least $60 million in grants to community projects over the next few years.

The native cryptocurrency of Uniswap Labs – UNI – reacted positively to the news with an immediate price increase of 6%. Similar to numerous other digital assets, though, it is in red compared to the figures 24 hours ago.

UNIUSD. Source: TradingView

The Past Several Months for Uniswap

Earlier this year, the leading decentralized exchange surpassed a lifetime cumulative trading volume of $1 trillion.

The entity outlined that during its four-year existence, it has amassed millions of users in the DeFi sector, “introduced fair and permissionless trading,” and “lowered the barrier to liquidity provision.”

Despite reaching the milestone, the total value locked (TVL) on Uniswap has significantly declined due to the ongoing bear market. In May, the DEX had nearly $7 billion in TVL, while currently, it has less than $3.6 billion.

Prior to that, it launched Uniswap Labs Ventures: an organization that could “bring millions of people into the emerging Web3 economy” and invest in additional cryptocurrency enterprises.

Days later, American attorneys filed a lawsuit against the exchange, alleging it for “violating the securities laws by offering and selling securities in the form of digital tokens.” They went further, claiming it had allowed illicit activities like “pump and dump” and “rug pulls.”

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[your-dietician]

Largest cryptocurrencies mixed as Dogecoin falls

New Post has been published on https://medianwire.com/largest-cryptocurrencies-mixed-as-dogecoin-falls/

Largest cryptocurrencies mixed as Dogecoin falls

The largest cryptocurrencies were mixed during morning trading on Wednesday, with Uniswap UNIUSD seeing the biggest move, climbing 1.31% to $6.10.

Dogecoin DOGEUSD led the decreases with a 0.36% drop to 6 cents.

Five other cryptocurrencies saw increases Wednesday. Ethereum ETHUSD climbed 1.30% to $1,299.43, and Bitcoin Cash BCHUSD rose 0.96% to $112.17.

Bitcoin BTCUSD rose 0.61% to $19,141.18, and Litecoin LTCUSD climbed 0.40% to $52.20.

Polkadot DOTUSD saw the smallest increase, rising climbed 0.16% to $6.19.

In addition to Dogecoin, two other currencies posted decreases. Cardano ADAUSD slid 0.33% to 39 cents, and Ripple XRPUSD inched down 0.26% to 49 cents.

In crypto-related company news, shares of Coinbase Global Inc. COIN rose 0.63% to $70.60, while MicroStrategy Inc. MSTR dropped 2.03% to $211.98. Riot Blockchain Inc. RIOT shares slid 0.16% to $6.18, and shares of Marathon Digital Holdings Inc. MARA sank 0.48% to $10.41.

Overstock.com Inc. OSTK slid 0.42% to $26.03, while Block Inc. SQ rose 0.52% to $53.73 and Tesla Inc. TSLA dropped 1.08% to $214.16.

PayPal Holdings Inc. PYPL rose 0.43% to $83.45, and Ebang International Holdings Inc. Cl A EBON shares rose 0.20% to 35 cents. NVIDIA Corp. NVDA inched down 0.17% to $115.66, and Advanced Micro Devices Inc. AMD slid 0.43% to $57.48.

In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, rose 0.17% to $6.07. Blockchain-focused Amplify Transformational Data Sharing ETF BLOK sank 0.05% to $18.19. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, rallied 1.61% to $11.34.

Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

Read the full article here

[cryptrending]

Uniswap (UNIUSD) Price Ranging Within $6.7 and $5.7 Level, Tamadoge Presale Hits $16 Million

Uniswap (UNIUSD) Price Ranging Within $6.7 and $5.7 Level, Tamadoge Presale Hits $16 Million

Join Our Telegram channel to stay up to date on breaking news coverage  Bears are trying to penetrate $5.7 support level in Uniswap market Uniswap Price Analysis – September 17 Ability to break down $5.7 price level by the sellers, may decrease UNI to $4.5, and $3.4 price levels. In case the buyers were able to oppose the pressure of the sellers, Uniswap may increase to the resistance level at…

[extreme-investor-network]

Uniswap leads way as the largest cryptocurrencies slump

All of the largest cryptocurrencies were down during morning trading on Wednesday, with Uniswap UNIUSD, -4.12% seeing the biggest change, declining 4.18% to $5.42. Cardano ADAUSD, -3.42% shed 3.58% to 41 cents, and Polkadot DOTUSD, -3.02% fell 3.29% to $6.19. Dogecoin DOGEUSD, -2.63% fell 3.29% to 6 cents on Wednesday, while Bitcoin Cash BCHUSD, -1.07% fell 1.09% to $97.35 and Ripple XRPUSD, -1.08% dropped 1.16% to 31 cents. Litecoin LTCUSD, -0.88% and Bitcoin BTCUSD, -0.78% fell 0.94% to $47.26 and 0.79% to $19,279.86 Ethereum ETHUSD, -0.41% rounded out the decreases with a 0.49% decline to $1,040.88. In crypto-related company news, shares of Coinbase Global Inc. COIN, -4.92% declined 4.09% to $52.02, while MicroStrategy Inc. MSTR, -2.35% fell 1.57% to $189.50. Riot Blockchain Inc. RIOT, -1.86% shares shed 1.86% to $4.75, and shares of Marathon Digital Holdings Inc. MARA, -3.13% fell 3.59% to $7.40. Overstock.com Inc. OSTK, -0.39% climbed 0.04% to $25.71, while Block Inc. SQ, -3.24% fell 3.67% to $62.65 and Tesla Inc. TSLA, -0.05% rose 0.06% to $699.60. PayPal Holdings Inc. PYPL, -2.23% shed 2.90% to $69.36, and Ebang International Holdings Inc. Cl A EBON, -4.12% shares dropped 4.41% to 54 cents. NVIDIA Corp. NVDA, -1.69% fell 1.66% to $148.32, and Advanced Micro Devices Inc. AMD, 0.08% climbed 2.90% to $76.41. In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -1.18% shed 1.01% to $18.70. The Bitwise Crypto Industry Innovators ETF BITQ, -1.84%, which is focused on pure-play crypto companies, dropped 1.80% to $6.01. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, inched down 0.08% to $12.20. Original Article Original Article Here: Read the full article

[newsbtc-com]

UNI Mum as Uniswap V3 Announcement Leaves Bulls Wanting More

[thecryptoreport]

Charted: Uniswap’s UNI Remains Elevated, Why Uptrend Isn’t Over Yet

Charted: Uniswap’s UNI Remains Elevated, Why Uptrend Isn’t Over Yet

Uniswap’s UNI climbed over 10% and it even spiked above $20.00 against the US Dollar. A new all-time high is formed near $20.78 and the price is currently correcting lower. UNI gained pace above the $18.00 and $18.80 resistance levels against the US dollar. The price is currently correcting gains from well above $20.00, but it is above the 100 simple moving average (4-hours). There is a crucial…

[sycriptouk]

ETP Issuer Valour Set To Provide Exposure To Uniswap (UNI) https://bitcoinist.com/etp-issuer-valour-set-to-provide-exposure-to-uniswap-uni/?utm_source=rss&utm_medium=rss&utm_campaign=etp-issuer-valour-set-to-provide-exposure-to-uniswap-uni

Uniswap is one of the top decentralized exchanges in the crypto industry right now. The price shows a 2.50% increase in 24-hour operations, and it stands at number 13 in the CoinMarketCap ranking.

This shows that the token is moving towards price growth. Uniswap community is also hopeful that as the exchange gains more exposure, there’ll be more positive trade volume and price increase.

Uniswap To Gain More Exposure Through Valour

In a recent development, an issuer of ETPs based in Zurich is set to launch an investment product that will bring the long-awaited exposure to UNI. So, there is more enthusiasm in the community as this action might help increase UNI’s value.

UNI maintains an upward trend | Source: UNIUSD on TradingView

The new product relies on UNI as its underlying asset. Uniswap ETP is a passive investment instrument available on Boerse Frankfurt Zertifikate AG, a stock exchange in Europe.

Related Reading | Photography-Inspired NFT SHABANGRS – A Unique Approach to the Space

Many people in the community have wondered at the reason behind the creation of the Uniswap ETP. But Diana Biggs, the Valour CEO, revealed that stock exchanges and traditional markets don’t have access to investment products based on the blockchain. Therefore, this product now is a way to ensure that investors can also participate in Defi seamlessly.

A Brief on Valour Assets

Valour is one of the ETP issuers that supposedly connects investors to innovative products for investments. The team is claimed to have top-notch experience in digital assets and financial markets stemming from their many years in the sector. The firm has been operating since 2019 and has been growing tremendously since then.

For instance, in 2015, the founders listed a crypto Exchange-traded product on Nasdaq, which none other has done. In 2017, they also became the first to list a crypto mining firm on the Toronto Stock.

The company has been recording massive growth since its launch. On October 25, it reported that its AUM (assets under management) rose more than 3,000% this year, a $290 million increase from recorded trading on traditional SEs.

Uniswap, on the other hand, has been recording growth as well. It also rose above $500 billion in trading volume from 2018.

Related Reading | Sotheby’s To Auction Rare Muhammad Ali “Fight Of The Century” Artwork As An NFT

Many players opine that the volume increase in Uniswap Layer 2 solution is due to high fees for transactions on Ethereum. But that’s not all; even the Uniswap v3 is also recording huge volumes to the tune of $115 million daily across diverse networks.

Featured image from Unsplash.com, charts from TradingView.com

[your-dietician]

Largest cryptocurrencies drop on Ripple, Uniswap decreases

New Post has been published on https://medianwire.com/largest-cryptocurrencies-drop-on-ripple-uniswap-decreases/

Largest cryptocurrencies drop on Ripple, Uniswap decreases

All of the largest cryptocurrencies were down during morning trading on Monday, with Ripple XRPUSD seeing the biggest change, falling 3.81% to 52 cents.

Uniswap UNIUSD shed 3.73% to $6.40, and Dogecoin DOGEUSD dropped 2.47% to 6 cents.

Polkadot DOTUSD shed 2.47% to $6.35 on Monday, while Bitcoin Cash BCHUSD declined 1.40% to $115.57 and Cardano ADAUSD shed 1.55% to 42 cents.

Ethereum ETHUSD and Bitcoin BTCUSD fell 0.75% to $1,311.01 and 0.72% to $19,336.33

Litecoin LTCUSD posted the smallest drop with a 0.65% decline to $53.29.

In crypto-related company news, shares of Coinbase Global Inc. COIN rose 0.68% to $67.46, while MicroStrategy Inc. MSTR climbed 4.35% to $229.89. Riot Blockchain Inc. RIOT shares fell 2.89% to $6.38, and shares of Marathon Digital Holdings Inc. MARA declined 2.46% to $10.93.

Overstock.com Inc. OSTK climbed 0.50% to $26.05, while Block Inc. SQ sank 0.82% to $56.94 and Tesla Inc. TSLA rose 0.69% to $224.61.

PayPal Holdings Inc. PYPL shed 5.97% to $84.79, and Ebang International Holdings Inc. Cl A EBON shares fell 6.43% to 36 cents. NVIDIA Corp. NVDA fell 3.52% to $116.51, and Advanced Micro Devices Inc. AMD fell 5.97% to $56.83.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK slid 0.21% to $18.62. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, inched down 0.94% to $6.31. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, sank 0.18% to $11.33.

Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

Read the full article here

[cryptodailysun]

ENJUSD, LINKUSD & UNIUSD Perpetual Contracts are Now Available on the Crypto.com Exchange

ENJUSD, LINKUSD & UNIUSD Perpetual Contracts are Now Available on the Crypto.com Exchange

Use USDC as collateral with up to 10x leverage ENJUSD, LINKUSD & UNIUSD Perpetual Contracts are now available on the Crypto.com Exchange. Traders can use USDC as collateral with leverage of up to 10x, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. We’ve been hard at work developing one of the fastest matching engines in the industry, supporting 2.7M…

[extreme-investor-network]

Largest cryptocurrencies fall as Dogecoin drops

All of the largest cryptocurrencies were down during morning trading on Monday, with Dogecoin DOGEUSD, -5.44% seeing the biggest change, declining 5.97% to 6 cents. Cardano ADAUSD, -4.88% shed 5.29% to 44 cents, and Bitcoin Cash BCHUSD, -3.91% shed 4.21% to $103.26. Ethereum ETHUSD, -3.24% shed 4.21% to $1,135.21 on Monday, while Bitcoin BTCUSD, -2.60% fell 2.80% to $20,372.97 and Uniswap UNIUSD, -3.57% dropped 3.40% to $6.11. Litecoin LTCUSD, -2.19% and Polkadot DOTUSD, -1.60% fell 2.60% to $50.23 and 1.66% to $6.76 Ripple XRPUSD, -1.21% posted the smallest drop with a 1.04% decline to 32 cents. In crypto-related company news, shares of Coinbase Global Inc. COIN, -7.25% declined 7.65% to $55.68, while MicroStrategy Inc. MSTR, -7.78% declined 8.39% to $202.71. Riot Blockchain Inc. RIOT, -9.34% shares tumbled 10.60% to $4.88, and shares of Marathon Digital Holdings Inc. MARA, -6.01% fell 7.87% to $7.84. Overstock.com Inc. OSTK, -3.23% dropped 4.07% to $26.15, while Block Inc. SQ, -4.52% dropped 5.41% to $63.39 and Tesla Inc. TSLA, -4.00% dropped 3.80% to $723.74. PayPal Holdings Inc. PYPL, -3.52% dropped 4.25% to $70.31, and Ebang International Holdings Inc. Cl A EBON, +1.21% shares rose 3.15% to 57 cents. NVIDIA Corp. NVDA, -4.16% declined 4.37% to $151.46, and Advanced Micro Devices Inc. AMD, -3.25% declined 4.25% to $76.22. In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK, -3.36% declined 3.58% to $19.23. The Bitwise Crypto Industry Innovators ETF BITQ, -6.00%, which is focused on pure-play crypto companies, declined 5.98% to $6.27. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, dropped 6.17% to $12.92. Original Article Here: Read the full article