Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebounds

Uniswap (UNI) was among the best performers among the top cryptocurrency tokens by market capitalization in the previous 24 hours, logging better gains than other top cryptocurrencies, namely Bitcoin (BTC), Ether (ETH) and Binance Coin (BNB).
On Wednesday, the UNI/USD exchange rate jumped 13.

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Synthetic Stock Trading Popularity Growing in DeFi Sector – BeInCrypto

The prevalence of trading synthetic versions of Tesla, Apple, Amazon, and other big stocks and ETFs has grown on decentralized finance (DeFi) projects like Mirror Protocol and Synthetix over the past year.

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Mirror Protocol silently rallies 30% overnight despite crypto market slump

Mirror Protocol (MIR) emerged as one of the best performing tokens in the cryptocurrency market on May 17, even as its top trading rivals Bitcoin (BTC) and Ether (ETH) struggled to find direction after a depressive previous daily session.
The MIR/USD exchange rate surged by up to 26.

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Mirror Protocol Now Offers Access to S&P 500 Index | Crypto Briefing

Key Takeaways

Mirror Protocol users can now access a synthetic token, mSPY, which is tied to the performance of the S&P 500.
Users can stake or mint mSPY, or contribute to a liquidity pool.
Other platforms such as Injective Protocol and Synthetix offer similar synethetic investments.

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wNews: Why the World’s Richest Man Loves Dogecoin | Crypto Briefing

Key Takeaways

Retail masses are entering crypto thanks to Elon Musk and easy-to-use applications.
Bitcoin and Ethereum crashed hard on Monday, but both tokens have since recuperated nearly all losses on their way to local highs.

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Mirror Wallet Launches Stock Trading App to Rival Wounded Robinhood | Crypto Briefing

Key Takeaways

Mirror Wallet allows retail investors around the world to access American equity markets.
The wallet is built on top of Mirror Protocol, one of many emerging synthetic asset protocols.
Attracting masses of amateur traders also comes with closer scrutiny from regulators.

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