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DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . Recent events reveal Uniswap urging the SEC to abandon its proposed DeFi regulations, citing the Supreme Court’s Chevron decision. This highlights Uniswap’s dedication to preserving a decentralized financial landscape. Meanwhile, Solana (SOL) grabs headlines as its price soars past $150, driven by active network use and strategic partnerships. Yet, the headline news revolves around BlockDAG’s announcement of UFC Light Heavyweight Champion Alex Pereira as its new brand ambassador. This partnership significantly boosts BlockDAG’s visibility and bolsters investor confidence, catapulting its presale figures to a whopping $58.9 million, and marking it as a prime crypto asset to monitor. Uniswap’s Stand: Facing Off Against SEC Regulations Uniswap is confronting the U.S. Securities and Exchange Commission (SEC) by challenging the proposed DeFi regulations. Leveraging the Supreme Court’s recent decision regarding Chevron’s deference, Uniswap argues that the SEC is overreaching its statutory authority in interpreting the Securities Exchange Act. This stance is a crucial development for the DeFi sector, currently scrutinized by regulators. Amid ongoing legal challenges, including a recent Wells notice from the SEC, Uniswap’s aggressive response underlines the persistent tensions between the burgeoning crypto sector and regulatory agencies. Solana’s Price Analysis: Bullish Trends Prevail Solana’s recent price spike above $150 reflects solid network fundamentals and optimistic investor sentiment, underscored by a stable derivatives market. With significant partnerships fueling its adoption, Solana is positioned for continued growth, with predictions suggesting a possible rise to $160 soon. However, Solana must navigate regulatory uncertainties that could disrupt its progress. Despite these challenges, the platform’s innovations and market performance keep it in a strong position. BlockDAG Welcomes UFC…

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Filed under: News - @ July 18, 2024 12:18 am