Collective Shift

Crypto Price Rollercoaster; Bitcoin Halving & Uniswap Labs Bracing For Major Legal Battle

April 17, 2024 Collective Shift
Collective Shift
Crypto Price Rollercoaster; Bitcoin Halving & Uniswap Labs Bracing For Major Legal Battle
Show Notes

Join Matt and Nick as they explain the recent volatility in crypto markets; the Bitcoin halving; why SEC vs Uniswap Labs is among crypto’s most important legal battles to date; Ethereum’s next upgrade; and more.

Key Takeaways 

  • The market experienced some of the highest volatility of this bull market so far, triggered by Iran’s attack on Israel. This volatile price action flushed out hundreds of millions of dollars in positions.
  • The next Bitcoin halving is set for April 20. Very hard to predict which way prices will go in the days after the halving.
  • Uniswap Labs said it received a Wells notice from the SEC, indicating that it will likely be sued in the coming weeks or months. Should the lawsuit be filed, it has the potential to be among the most important legal cases to date with regard to altcoins in general.
  • Among the altcoin updates covered: Monad Labs’ monster investment round and EigenLayer’s mainnet release.