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Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service

CoinGape LogoCoinGape11h ago

Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service - CoinGape

Quick Summary:

The high momentum rally could be attributed to whale accumulation and Prometheum Capital’s announcement of adding Uniswap (UNI) and Arbitrum (ARB) to its custodial platform.

Uniswap price surged 12% to $6.9 on Wednesday, outperforming the general market uptick.

The firm aims to leverage blockchain technology to record the on-chain record on-chain ownership of digital assets, effectively removing the need for traditional intermediaries like transfer agents.


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Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service - CoinGape (Picture 1)Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service - CoinGape (Picture 2)

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 20:02:35 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 389 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22198314

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 41 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service" has 389 words across 37 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service" was covered 11 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 41 news stories per day.

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  • News ID: #22198314
  • URL: https://beamstart.com/news/uniswap-price-to-escape-5-17242707248648

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