Cryptocurrencies Price Prediction: Bitcoin, Uniswap & Cosmos – European Wrap 9 January
|Bitcoin Spot ETF applicant BlackRock is ready to get the show on the road, amends S-1 filing within 24 hours
Bitcoin Spot ETF filers are engaged in a fee war, offering competitive rates to attract capital. Bitwise Invest offers the lowest fee at 0.24%, while GrayScale is set to charge the highest fee at 1.5%.
While market participants anticipate the US Securities and Exchange Commission (SEC) to approve one or many spot Bitcoin ETF applications by the January 10 deadline, the founder of the Chamber of Digital Commerce said that the regulator is likely to delay the decision on the securities product.
Uniswap price could plummet as UNI held on exchanges exceeds $420 million
Uniswap (UNI) has had a tough start of the year despite the open source project’s announcement that it successfully facilitated $1.7 billion in swaps on January 3. Despite this statistic, UNI price has fallen by around 20% in a week, along with a decline in active addresses and volume since the beginning of the year.
Cosmos community votes on proposal to push ATOM toward zero minimum inflation
The Cosmos (ATOM) community is voting on a proposal to set the minimum inflation rate at 0% a month after approving to reduce the maximum inflation level to 10%. Inflation is the reduction in the underlying asset's value as its circulating supply increases.
The Cosmos community has until January 23 to decide for or against the request.
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