SEC issues Wells notice to DeFi protocol Uniswapto decentralized exchange Uniswap on April 10. A Wells notice is a formal indication from the SEC that it plans to recommend enforcement action. The SEC has been investigating Uniswap Labs, the main developer behind Uniswap, since 2021. In response to increasing regulatory scrutiny, the platform has previously removed several tokens from its listing. The DEX’s native token, Uniswap ,, according to market analysts.
“The banks will backdoor themselves into stablecoins and they’ll lobby for stablecoin legislation and make it happen along the way.” “Bitcoin now has a place at the table alongside gold, farmland, and other alternative assets. Back up five years ago, and there is no chance that Bitcoin would even make the first cut for consideration. That’s big progress.”
Currently, Bitcoin finds it challenging to hold its ground above the $70,000 threshold. Yet, certain analysts believe that the recent U.S. inflation figures — showing unexpected resilience — and the unsustainable U.S. government fiscal trajectory create an ideal backdrop for investing in scarce assets.
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Bitcoin's Range Break Boosts Altcoin Prices, Signals Possibility of New All-Time HighBitcoin's break above the $70,000 level has led to an increase in altcoin prices and suggests the potential for a new all-time high for BTC. Traders are buying on dips, indicating positive sentiment. Inflows into spot Bitcoin exchange-traded funds (ETFs) are expected, but it remains to be seen if there will be a drop-off in ETF and on-chain volume. Analysts remain bullish on the long term.
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