$UNI reclaimed $7.04 — Square's hottest topic is driving it.
Uniswap, a16z and the DeFi Education Fund asked Illinois on Oct 30 to exempt DeFi from its 0.2% tax: no tax on wallet withdrawals or bridging, no private-key recordkeeping. Enforcement is stayed to July 1, 2027 — clarity, not an instant win.
Volume backs it: Uniswap did $5.54B DEX volume Oct 30 (DefiLlama), dwarfing PancakeSwap's $1.39B.
I'm leaning bullish while $6.60 holds; $6.27 held again. Break $7.23 and $7.50 is next; reject it and $6.60 returns. Wrong on a close below $6.27.
Data: CoinGecko/DefiLlama, 07:35 PKT. $UNI $ETH
$UNI $7.23 — break or reject?
Not financial advice. DYOR.
Uniswap, a16z and the DeFi Education Fund asked Illinois on Oct 30 to exempt DeFi from its 0.2% tax: no tax on wallet withdrawals or bridging, no private-key recordkeeping. Enforcement is stayed to July 1, 2027 — clarity, not an instant win.
Volume backs it: Uniswap did $5.54B DEX volume Oct 30 (DefiLlama), dwarfing PancakeSwap's $1.39B.
I'm leaning bullish while $6.60 holds; $6.27 held again. Break $7.23 and $7.50 is next; reject it and $6.60 returns. Wrong on a close below $6.27.
Data: CoinGecko/DefiLlama, 07:35 PKT. $UNI $ETH
$UNI $7.23 — break or reject?
Not financial advice. DYOR.
