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Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’
Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’

Quick Take Uniswap Labs received a Wells Notice from the SEC. The crypto industry described it as a war on crypto, particularly DeFi.

The Block·2024/04/10 19:19
Bitcoin whales 'buy the dip' post-CPI as BTC price gains 3.6%
Bitcoin whales 'buy the dip' post-CPI as BTC price gains 3.6%

BTC price trajectory reverses upward despite a "hot" CPI print, with Bitcoin buyers almost managing to reclaim $70,000.

Cointelegraph·2024/04/10 18:32
Controversial Sushi DAO treasury proposal passes signal vote
Controversial Sushi DAO treasury proposal passes signal vote

A controversial Sushi DAO treasury proposal has passed an initial signal vote. The governance proposal suggests transferring more than $40 million in DAO-controlled treasury assets to a new vault managed by Sushi Labs.

The Block·2024/04/10 14:31
Flash
  • 04:47
    Overview of Important Midday Developments on December 27
    7:00-12:00 Keywords: Yat Siu, BONK, Bitcoin Standard Company ETF 1. U.S. spot Bitcoin ETF had a net inflow of $475 million yesterday; 2. Animoca Brands: Co-founder Yat Siu's Twitter account has been recovered; 3. 1.69 trillion BONK tokens have been burned, equivalent to approximately $52.28 million; 4. Bitwise has submitted an application for a Bitcoin Standard Company ETF to the U.S. SEC; 5. Jupiter will airdrop 700 million JUP next month, valued at over $590 million; 6. More than 20 companies have a chance to be included in the Bitwise Bitcoin Standard Company ETF, with 30% being Bitcoin mining companies.
  • 04:45
    Santiment: The inflow of stablecoins into CEX is gradually increasing, the market is sending bullish signals
    The cryptocurrency market research institute Santiment posted on social media that after the general decline in the Christmas market, an encouraging trend has emerged in the cryptocurrency market - whales are transferring stablecoins to trading platforms. According to data from Santiment's CEX deposit dashboard, just within the past 24 hours, there have been 7 deposits worth at least $9 million transferred into Binance, one of which was as high as $50 million (accounting for 2.33% of the total supply). When this dashboard shows that stablecoin deposits dominate inflows and outflows on trading platforms, it is usually a strong signal indicating that whales are preparing to buy and may push up prices across the entire market. Although this does not guarantee that whales will immediately use these funds, it can be seen as a bullish signal towards the end of 2024.
  • 04:41
    Yesterday, the net inflow of Bitcoin spot ETF in the United States was 475.15 million US dollars
    According to Trader T's statistics, the net inflow of Bitcoin spot ETF in the United States yesterday was 475.15 million US dollars.
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