Uniswap Labs Partners with Talos, MicroStrategy Adds More Bitcoin
Nov 30, 2023
Market Update U.S. equities are cooling following a strong upward surprise in Chicago PMI data (55.8 act. vs. 45.4 exp), marking one of the largest beats in the data series’ history. The SPY has fallen 0.13%, while the QQQ has dropped 0.75%. Crypto markets are mixed, with $ETH (+0.49%) gaining on the day while $BTC (-0.31%) is showing mild losses. $UNIBOT is one of the top performers this week, rising 66% so far, as they have released an enhanced “Mirror Sniper” feature, enabling traders to copy trade swaps on DEX aggregators and other trading bots. Additionally, investors are awaiting the release of the Unibot X standalone dApp, which will allow traders to leverage the terminal’s trading features while holding assets in the wallet of their choice.Uniswap Labs has partnered with Talos, an institutional trading platform, to bring Uniswap’s decentralized liquidity to institutional traders. Uniswap Labs will be providing API keys to Talos traders in an order-book-like format to enhance trading efficiency and offer Talos clients exposure to assets that may not be tradable on centralized exchanges. The partnership is being supported by Fireblocks for the custody and transfer of digital assets. Many institutions are beginning to enter the DeFi space, looking for diversif