Coindesk

The Uniswap community has greenlit two governance proposals to propel the growth of the Unichain network and Uniswap V4 protocol.The initiatives, dubbed "Uniswap Unleashed," introduced a new grants program and liquidity incentives while hinting at initial steps for a “fee switch,” a long-contested protocol vote that would pay out a portion of trading fees to holders of Uniswap’s UNI.Relevant governance posts have not directly mentioned a fee switch but noted plans to “activate revenue.”The foundation requested $95.4 million for its grants budget and $25.1 million for operations over two years, plus $45 million for liquidity incentives to attract users and fuel ecosystem growth through developer campaigns.Both proposals passed with more than 80% of UNI token holders in favor, governance data...

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin (BTC), ether (ETH) and the broader crypto market are facing renewed pressure, reversing some of gains made after Federal Reserve Chairman Jerome Powell downplayed concerns about tariff-driven inflation .President Donald Trump is reportedly scheduled to speak at Blockworks' Digital Asset Summit in New York later, with traders keen to hear how the administration plans to acquire BTC in a budget-neutral manner. Don't get too excited, the likelihood of such an announcement remains low.Trump is more likely to reiterate his aspiration to make America the "crypto capital of the world," and even this may overwhelm markets.On a more positive note, renewed interest in U.S.-listed spot ETFs supports market strength. On Wednesday, bitcoin...

Coinbase (COIN) sold 12,652 ether ($25 million at the current price) in the fourth quarter, when it was valued about double the level now, according to Geoffrey Kendrick, the global head of digital assets research at Standard Chartered Bank.In a note, Kendrick said he analyzed the crypto exchange's quarterly filings, which show it holds ether (ETH) under different categories, including investment and operational purposes. He estimates that about 80% of revenue generated by Base, Coinbase's Ethereum layer-2 blockchain, is profit.Notably, the timing of the company's trades aligns with price movements, he said. Coinbase net bought in the third quarter, when ETH was trading at around $2,500, and net sold in the fourth, when the second-largest cryptocurrency reached $4,000. It's now...

Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours.BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact but lowered growth outlooks until 2027.Ether (ETH) remained muted after a sudden 7% jump late Wednesday, ending the day up 3.%. Solana’s SOL, dogecoin (DOGE), and BNB Chain’s BNB showed gains under 6%, while Uniswap’s UNI surged 8% as token holders passed a $165 million foundation funding proposal.XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC),...

Bitcoin (BTC) punters are looking at topside options bets in a bullish shift in price expectations after the Federal Reserve's (Fed) meeting, but ether (ETH) continues to lag sentiment. As of writing, BTC's short-term and long-term risk reversals, which show the implied volatility premium (demand) for bullish bets or calls versus puts, were positive, implying investor interest in chasing price gains in the leading cryptocurrency, per data source Amberdata.It marks a shift from the bearish sentiment that prevailed weeks before the Fed meeting when short and near-dated puts were pricier than calls, reflecting downside fears."Frontend skew flipped calls. Flows featured 21 Mar outright calls and calendars bought, while 28 Mar puts were sold," institution-focused over-the-counter tech platform Paradigm noted in...