Cryptocurrency Live News & Updates : Uniswap Faces Price Pressure Amid Whale Activity
Uniswap's token price has surged recently, but indicators suggest a possible decline as whale buying increases and exchange supplies rise. Uniswap's recent price surge to $7.55 has raised concerns as technical indicators hint at a potential pullback, especially with rising exchange supplies signaling possible selling pressure. Meanwhile, Sequans Communications has made headlines by reallocating $384 million into Bitcoin, marking a significant corporate shift towards cryptocurrency. This move reflects a growing trend among traditional finance entities embracing digital assets. In the broader market, Bitcoin has crossed the 109,000 USDT mark, indicating a steady increase. Additionally, Core Scientific's stock has been downgraded to neutral due to its acquisition by CoreWeave, which adds complexity to its operations. Lastly, Elon Musk's announcement of the America Party, which aims to embrace Bitcoin, raises questions about the future of cryptocurrency in political discourse. Musk's fluctuating stance on Bitcoin, particularly regarding its environmental impact, continues to attract attention as he seeks to align his political ambitions with eco-friendly initiatives. Together, these developments highlight the dynamic interplay between cryptocurrency and traditional finance, as well as the evolving narrative surrounding digital assets. Show more
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Time of India
39 minutes ago
- Time of India
Sam Altman slams companies for ‘going after shiny names' amid intense AI talent war. Says ‘thousands can do the same work'
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India.com
an hour ago
- India.com
After launch in Mumbai, Elon Musk's BIG expansion plan in India, Tesla leases 8200 sq ft commercial space in…
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Time of India
2 hours ago
- Time of India
‘It doesn't make sense…': Elon Musk after Tesla shuts in-house Dojo supercomputer team
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