What Happens To DeFi Today? (05 Dec 2022, Monday)


"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily.

Here are the news for you today.

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CHAINLINK (LINK)

Current Price: $ 7.39 (24h Changes: 0.7 %)

Current Market Cap: $ 3,633,455,112 (24h Changes: 0.74 %)

Positive News

Top Analyst Predicts Breakout for Large-Cap Ethereum Rival, Updates Outlook on Bitcoin and Chainlink

Source: The Daily Hodl

Date: Sun, 04 Dec 2022 05:15:05

The crypto strategist who nailed the end of Bitcoin's (BTC) bull market last year says one Ethereum (ETH) rival is gearing up for a rally. The pseudonymous analyst known in the industry as Pentoshi tells his 660,100 Twitter followers that smart contract platform Avalanche (AVAX) looks bullish on the lower timeframes. “Bought some AVAX.

Neutral News

Bitcoin, Binance Coin, Chainlink, and Zcash Daily Price Analyses – 4 December Morning Prediction

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 08:46:53

The global crypto market has continued to face a negative trend as it couldn't regain momentum. The recent changes for Bitcoin show optimism while other coins haven't shown any positive stats yet.

Negative News

ChainLink price analysis: LINK obtains fully bearish momentum at $7.3

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 12:58:00

ChainLink price analysis for December 4, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the LINK market. The price of ChainLink has remained negative over the past few hours.

Chainlink Reaches The Low At $7.28 Before Moving Sideways Again

Source: Coin Idol

Date: Sun, 04 Dec 2022 07:00:00

The price of Chainlink (LINK), which has risen to a high of $7.80, is in an uptrend.

 

UNISWAP (UNI)

Current Price: $ 6.28 (24h Changes: 1.67 %)

Current Market Cap: $ 4,728,516,557 (24h Changes: 2.0 %)

Positive News

Uniswap Fee Switch Will Bring $14.6 Million Annually, but There's Catch

Source: UToday

Date: Sun, 04 Dec 2022 05:00:00

New proposal will not bring enough funds for significant change

Negative News

Uniswap price analysis: Bearish market conditions caused UNI's value to dip down to $6.16

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 07:02:45

Uniswap price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bulls were in the winning position, the bears currently hold control and the price is trading in a narrow range of $6.09-$6.27 for the last in hours.

Uniswap Reaches The Overbought Zone And Faces Rejection At $6.56

Source: Coin Idol

Date: Sun, 04 Dec 2022 05:00:00

Uniswap (UNI) price is in an upward correction after a recent decline. The cryptocurrency price has broken above the moving average lines.

 

AAVE (AAVE)

Current Price: $ 64.09 (24h Changes: 0.22 %)

Current Market Cap: $ 910,727,539 (24h Changes: 0.65 %)

Positive News

Bitcoin price consolidation could give way to gains in TON, APE, TWT and AAVE

Source: Cointelegraph

Date: Sun, 04 Dec 2022 14:03:08

If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


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