Uniswap's UNI Jumps 50% on Proposal to Upgrade Governance
Decentralized lending protocol Uniswap's governance token {{UNI}} jumped Friday as much as 50% after a proposal to overhaul the protocol's governance system, submitted by Uniswap Foundation's governance lead, Erin Koen.
"This upgrade would reward UNI holders who have staked and delegated their tokens," the Uniswap Foundation posted on X post.
Related news
Markets
Nov. 05, 2024
Dogecoin Rallies, Bitcoin ETFs Bleed Ahead of U.S. Elections
DOGE's increase is largely attributed to a renewed endorsement from Elon Musk linked to his proposal for a "Department of Government Efficiency" (D.O.G.E.). U.S.-listed spot bitcoin ETFs experienced net outflows, with significant withdrawals fr...
Markets
Nov. 05, 2024
Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
U.S. election uncertainty spurs demand for short-term protective measures put on the CME. Pricing for longer-duration options on both CME and Deribit signals a constructive outlook. Bitcoin {{BTC}} traders are seeking protection against price...
Markets
Nov. 05, 2024
BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets
Mt. Gox moved of over 32,000 BTC ($2.2 billion) to new wallet addresses in preparation for future sales. The ongoing repayment plan, now extended to October 31, 2025, involves significant bitcoin transfers which affect market volatility. Bitc...
Markets
Nov. 04, 2024
Bitcoin Hits Record High Against BlackRock's U.S. Treasury ETF as Investors Search for Returns: Van Straten
BlackRock's long-term U.S. treasury bond ETF, TLT, has dropped 8% year-to-date against bitcoin, which is up 55%. U.S. Treasuries are considered a liquid, global reserve asset. Bitcoin dominance made new highs over the weekend at 60.56% of cryp...
Markets
Nov. 04, 2024
If U.S. Election Is Disputed, Prediction Markets Could Face 'Hornet's Nest'
At first blush, it looks redundant. The weekend before the U.S. presidential election, crypto-based prediction market Polymarket spun up a contract betting on who will be inaugurated as the next leader of the free world. As anyone who has p...
Markets
Nov. 04, 2024
First Mover Americas: BTC Little Changed as U.S. Election Enters Final Stretch
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 2,008.80 ...