Streetbeat News

SUSHIUSD

SushiSwap / US Dollar

https://www.sushi.com/

Industry

Digital Currency

SushiSwap (SUSHI) is an Ethereum token that powers SushiSwap, a decentralized cryptocurrency exchange and automated market maker built on Ethereum. Holders of SUSHI can participate in community governance and stake their tokens to receive a portion of SushiSwap's transaction fees.

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Uniswap (UNI) is in a regulatory battle with the SEC over privacy mandates, but decentralized exchanges (DEXs) remain committed to privacy. Despite the SEC's strict regulatory environment, Uniswap investors are seeing positive returns. The SEC's actions could impact the privacy features of DEXs, but the sector views this as both a challenge and an opportunity for innovation.

Portfolio Pulse from Kenneth Rapoza

July 15, 2024 | 5:02 pm

Crypto analyst Capo warns investors to be cautious as Bitcoin (BTC) approaches a critical liquidity zone between $74,000 and $75,000, citing concerns over diminishing volume and a potential front-run scenario. Despite the price rally, the lack of volume support and increasing funding rates suggest the market's optimism may be driven by speculative futures trading. Capo also highlights the risk of a broader market downturn, potentially affecting altcoins like Unizen (ZCX), SushiSwap (SUSHI), and Axie Infinity (AXS), advising restraint in market exposure.

Portfolio Pulse from Murtuza Merchant

March 26, 2024 | 5:46 pm

Franklin Templeton CEO Jenny Johnson disclosed her personal cryptocurrency investments, including Bitcoin (BTC), Ethereum (ETH), SushiSwap (SUSHI), and Uniswap (UNI). She is guiding the company towards blockchain technology to innovate asset management and improve access to private markets. Johnson differentiated Bitcoin from blockchain's broader applications and hinted at the potential of a Bitcoin spot ETF. Franklin Templeton has successfully tokenized a U.S. money-market fund, attracting over $270 million, and is exploring NFTs.

Portfolio Pulse from Murtuza Merchant

December 04, 2023 | 5:26 pm

Blockworks, a crypto-focused media company, recently raised $12 million at a $135 million valuation. The funds will be used to expand globally and build a research and data offering. Blockworks aims to become the largest research and analytics platform in the crypto industry within a year.

Portfolio Pulse from Renato Capelj

June 22, 2023 | 10:38 pm

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