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Uniswap Labs Announces Upcoming Launch of Uniswap v4|Cryptocurrency Trends

Tommy, Bitget Research
2024/03/11
Uniswap Labs Announces Upcoming Launch of Uniswap v4|Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Goldman Sachs (GS) revised its bearish stance on Coinbase (COIN), upgrading its ratings on Coinbase shares to "neutral" from "sell". The firm also raised its Coinbase stock price target to $282 from $170.
  • eToro, an online brokerage firm for cryptocurrency and stock trading, is weighing on an IPO, either in New York or London, at a valuation of more than $3.5 billion.
  • Binance, OKX, Bybit, Bitget, and KuCoin did not list any coins this weekend.

2. Cryptocurrency Trends:

  • Uniswap has announced the launch date of the protocol’s v4, which will be the most rigorously audited code ever deployed on Ethereum. Its released roadmap includes code freeze, audits, and deployments on testnets.
  • Uniswap V3 Fees: Factory Owner amendment was rejected with 59.89% negative votes. The amendment is intended to allow the DAO to make future changes to the fee mechanism.
  • Circle Cross-Chain Transfer Protocol (CCTP) will be launched on the Solana mainnet on March 26. In addition, Circle minted 250 million USDC on the Solana network on March 11.
  • Arbitrum (ARB) is about to unlock 1.11 billion tokens worth about $2.32 billion, or 76.62% of the circulating supply, on March 16 at 9PM.
  • The dogwifhat (WIF) community launched a new initiative to raise $650,000 to advertise on Sphere, the Las Vegas arena, for one week, More than $257,000 has been raised so far.
  • The first LFG vote of Jupiter has ended. A total of 175,000 voters participated in the vote, and Zeus Network and SharkyFi were selected as the first projects to launch. Voters will receive rewards based on their voting weight, which is determined by their active staking rewards.

3. Financing Trends:

  • DePIN Investment and hardware manufacturing group JDI Group have partnered with Tensor to jointly invest $20 million to launch the Phoenix AI Ecosystem Fund. The move aims to accelerate the growth of the Phoenix AI application ecosystem and invest in AI computing infrastructure hardware.

4. Regulatory Trends:

  • The Hong Kong Monetary Authority plans to launch a wholesale Central Bank Digital Currency (wCBDC) sandbox by the end of June. In the initial phase, it will test the delivery and settlement of tokenized deposits among banks.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.