What Happens To DeFi Today? (05 Nov 2022, Saturday)


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

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CHAINLINK (LINK)

Current Price: $ 8.71 (24h Changes: 11.35 %)

Current Market Cap: $ 4,291,448,019 (24h Changes: 11.2 %)

Positive News

Rapid Insights: Chainlink's Hybrid Oracle Solution for DeFi Derivatives

Source: The Block

Date: Fri, 04 Nov 2022 09:50:15

Quick take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. Chainlink is the leading oracle service provider in DeFi by a wide margin.  Purely on-chain oracles have a place in DeFi but aren't always the optimal solution, particularly for latency-sensitive applications.  To fulfill this market need, Chainlink recently announced a new product offering with a hybrid infrastructure consisting of both on- and off-chain components. 

Why Chainlink (LINK) Price Has Kick-Started a Bullish Reversal

Source: BeInCrypto

Date: Fri, 04 Nov 2022 08:30:00

The Chainlink (LINK) price has possibly begun a long-term bullish trend reversal. An increase above $9.10 would confirm it.

Chainlink price analysis: Bullish momentum pushes LINK to $8.20

Source: Cryptopolitan

Date: Fri, 04 Nov 2022 04:47:55

Chainlink price analysis, the bullish side is ruling the market, with the price increasing on a regular basis. This is seen through its daily uptrend, with support present at $7.68 and resistance at $8.31.

Neutral News

Chainlink: the partnership with SWIFT to accelerate blockchain adoption

Source: The Cryptonomist

Date: Fri, 04 Nov 2022 04:35:07

Blockchain could now become an integral part of the financial system

 

UNISWAP (UNI)

Current Price: $ 7.7 (24h Changes: 10.48 %)

Current Market Cap: $ 5,810,134,812 (24h Changes: 10.79 %)

Positive News

Uniswap price analysis: UNI/USD is strongly bullish at $7.33

Source: Cryptopolitan

Date: Fri, 04 Nov 2022 06:30:44

Uniswap price analysis shows that the UNI/USD pair has been on a strong uptrend for the last 24 hours. The market opened at $7.26 and has risen to its current price of $7.33.

 

AAVE (AAVE)

Current Price: $ 95.71 (24h Changes: 14.05 %)

Current Market Cap: $ 1,358,806,422 (24h Changes: 14.03 %)

Positive News

Ethereum Tokens Are Soaring. What's Next for the Ecosystem?

Source: Crypto Briefing

Date: Fri, 04 Nov 2022 10:44:39

Loopring has soared 49.5%, Polygon is up 21.6%, Lido DAO has gained 17%, and several Ethereum DeFi tokens have posted double-digit gains.

Neutral News

These updates might just make AAVE holders dream of better days

Source: AMBCrypto

Date: Fri, 04 Nov 2022 06:00:23

On 2 November, the Aave community voted to deploy the protocol on the zkSync 2.0 testnet. The proposal was originally presented by the Aave team in order to extend the decentralized lending service to the Ethereum roll-up's testnet.

 

LIDO-DAO (LDO)

Current Price: $ 1.79 (24h Changes: 11.97 %)

Current Market Cap: $ 1,311,181,227 (24h Changes: 11.83 %)

Positive News

Ethereum Tokens Are Soaring. What's Next for the Ecosystem?

Source: Crypto Briefing

Date: Fri, 04 Nov 2022 10:44:39

Loopring has soared 49.5%, Polygon is up 21.6%, Lido DAO has gained 17%, and several Ethereum DeFi tokens have posted double-digit gains.

 

MAKER (MKR)

Current Price: $ 914.32 (24h Changes: 7.84 %)

Current Market Cap: $ 826,787,949 (24h Changes: 7.62 %)

Positive News

DeFi Lender MakerDAO Goes TradFi and Doubles Revenue

Source: Decrypt

Date: Fri, 04 Nov 2022 15:27:36

Recent changes at MakerDAO, the largest protocol on Ethereum, have brought traditional finance assets into its portfolio.

 

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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