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The cryptocurrency market has been on edge regarding Bitcoin’s (BTC) price movements, with lingering fears of a possible crash after the asset repeatedly failed to reclaim the $100,000 mark. Amid these concerns, an analyst has observed that Bitcoin may not be on the verge of a bear market based on historical price movements. Specifically, Ali Martinez highlighted that Bitcoin’s Relative Strength Index (RSI) shows the asset has yet to reach its peak in the current cycle, as he noted in a post on X on December 31. Picks for you Why MicroStrategy stock is crashing after another Bitcoin buying spree 2 hours ago Crypto trader turns $4.3k into $970,000 in a few hours 3 hours ago ...

Uniswap (UNI) investors have been dumping the asset as the decentralized finance (defi) protocol started to charge swap fees. Uniswap founder Adam Hayden announced on Oct. 16 that the protocol will start charging a 0.15% swap fee to continue its operations. Both wallet and web application users would have to pay the fee to swap tokens, according to a crypto.news report. Moreover, users found a know-your-customer (KYC) verification hook in the open directory of Uniswap V4. Following the introduction of swap fees and KYC procedure, users on X (formerly Twitter) call the defi protocol “centralized.” You might also like: Uniswap to charge 0.15% swap fees in web app and wallet Expert believes that KYC verification is necessary for Uniswap’s long-term survival despite all the criticism the protocol has faced from its users.  According to the market intelligence platform Santiment, investors have begun dumping UNI tokens as the platform started to charge swap fees.  ...

Popular cryptocurrency YouTuber CryptoBanter believes Bitcoin (BTC) could fall to $20,000 in the near future amid ongoing economic uncertainty. In his Oct. 12 livestream, CryptoBanter analyzed the latest price action and macroeconomic factors impacting Bitcoin. He believes the leading cryptocurrency remains at risk of further declines after breaking below several key support levels. If Bitcoin starts to break and close below that $25,000 level I’ll tell you almost the same thing over here, and give you a different visual perspective. You can see prices operating within the top side of this range over here. We’re looking for this to flip into a new range, meaning strong support should be between $25,000 and upside resistance around that $34,000 mark. CryptoBanter With inflation stubbornly high, CryptoBanter thinks the Federal Reserve will continue raising interest rates. This could spark a recession and lead risk assets like Bitcoin significantly lower. If [consume...