"We still have support at $44,000 and $42,000, which is the line in the sand for short-term momentum," one investment officer said.
Since last year, Uniswap has usually commanded the top spot.
The exchange will consolidate UNIDOWN and LTCDOWN tokens by 100,000 to 1.
The $1 billion digital assets manager said Wall Street-type clients are demanding more exposure to DeFi's biggest names.
In a talk at the EthCC conference in Paris, Uniswap’s growth lead hinted at possible tie-ups with PayPal, E*Trade and Stripe.
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
The software development studio cited an "evolving regulatory landscape" in making its decision.
Users will be able to create up to five “DeFi Agents” with stop-loss triggers.
Custody and trading services for DeFi tokens is the first step, to be followed by a suite of yield-generating products.
The stablecoin DEX looks to challenge Uniswap with a new model for adding volatile tokens.
Moving an implementation of Uniswap v3 onto the rollup platform is at the heart of a new poll put forth by Compound's Robert Leshner.
The amount destroyed equates to almost half of SHIB’s total circulating supply.
“The crypto market is primarily focused on Ethereum and the catapulting DeFi sector right now,” said one analyst.
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The leading automated market maker now offers "concentrated liquidity," which many believe will attract even more liquidity than Uniswap has already.