Uniswap Branches Out and Blockfi Struggles in Bankruptcy
Traditional indices are declining today, with the ^SPX and QQQ 1.14% both down 0.34% at the time of writing. All eyes will be on Microsoft after-hours, which will be one of the first large tech companies to report earnings this year. Crypto markets are following suit, with BTC down 0.35% and ETH down 0.73%. ETH/BTC continues its recent decline, falling to .07 (-0.58%) as Bitcoin seems to be reclaiming its crown after ETH had its spotlight leading into The Merge. Sushi continues its aggressive restructuring, passing two governance proposals yesterday that will direct all trading fees to Sushiâs treasury and claw back nearly 8.2 million idle SUSHI tokens that were granted to early liquidity providers during the exchange’s launch in 2020. Despite the governance approvals, SUSHI is down 0.87% today.