"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.
CHAINLINK (LINK)
Current Price: $ 7.27 (24h Changes: 1.52 %)
Current Market Cap: $ 3,395,454,345 (24h Changes: 1.47 %)
Positive News
Biggest Movers: DOT, LINK Rise to Multi-Week Highs on Monday
Source: Bitcoin
Date: Mon, 05 Sep 2022 11:30:53
Polkadot rose to a multi-week high to start the week, as price increased for a second straight day. The token briefly broke out of a key resistance point, during Monday's surge. Chainlink also moved to its highest point in nearly two weeks, with the token now trading nearly 13% higher in the last seven days.
LINK May Break Above $8 Level; Buyers Strongly Prefer TAMA
Source: Inside Bitcoins
Date: Mon, 05 Sep 2022 11:20:39
The Chainlink price may continue to show a bullish movement if the market could rise above the $7.5 resistance level.
Neutral News
Bitcoin Struggles To Cement Its $20K Price Mark While Chainlink Outperforms
Source: NewsBTC
Date: Mon, 05 Sep 2022 13:28:57
The crypto market hasn't been propitious since the Fed's interest rate hikes. As the fight against inflation becomes more aggressive, the financial markets bleed.
Bitcoin and Ethereum Try to Recover, SAND and LINK Accelerate
Source: Cryptonews
Date: Mon, 05 Sep 2022 00:12:00
Bitcoin is consolidating above the key USD 19,500 support zone and is facing a strong resistance near the USD 20,500 zone. BTC is currently (03:50 UTC) trading near USD 19,900 and is up around 1% in a day and a week.
Negative News
ChainLink price analysis: LINK starts a declining movement at $7.2
Source: Cryptopolitan
Date: Mon, 05 Sep 2022 14:59:39
ChainLink price analysis for September 5, 2022, reveals the market following a complete bullish 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 (LINK) Price Struggles Underwater, Can Price Go To $10?
Source: NewsBTC
Date: Mon, 05 Sep 2022 08:58:28
In past weeks, the Chainlink (LINK) price showed so much strength against tether (USDT) as the price of Chainlink broke out of a range as price rallied to a high of $10. The price of LINK has recently faced resistance to trend higher as the price eyes weekly support.
UNISWAP (UNI)
Current Price: $ 6.49 (24h Changes: 0.52 %)
Current Market Cap: $ 2,954,741,693 (24h Changes: 0.74 %)
Positive News
12 Best Cryptocurrency to Buy Today
Source: Cryptonews
Date: Mon, 05 Sep 2022 13:06:00
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Uniswap (UNIUSD) Price Consolidates at $6.0 Support Level, Tamadoge Explodes Skywards
Source: Inside Bitcoins
Date: Mon, 05 Sep 2022 06:01:54
Bears are trying to penetrate $6.0 support level in Uniswap market Uniswap Price Analysis – September 04 Ability to break down $6.
Uniswap: Chances of UNI's long bet win in future are very...
Source: AMBCrypto
Date: Mon, 05 Sep 2022 05:30:00
Uniswap has seen a spike of 8.05% within the last seven days. Even in the current bearish market, UNI has managed to exhibit positive price moves.
Neutral News
Source: CoinPedia
Date: Mon, 05 Sep 2022 01:42:43
In the upcoming years, the traditional financial system may be disrupted by the emerging technology known as the blockchain. Top-tier problem-solving projects have emerged due to the explosive growth of the crypto industry's infrastructure and innovation over the past ten years.
AAVE (AAVE)
Current Price: $ 90.29 (24h Changes: 1.93 %)
Current Market Cap: $ 1,263,910,367 (24h Changes: 1.94 %)
Negative News
Aave adopts proposal to temporarily pause ETH borrowing
Source: Invezz
Date: Mon, 05 Sep 2022 14:48:50
The Aave (AAVE/USD) community has voted to temporarily pause Ethereum (ETH) borrowing on the decentralised finance (DeFi) protocol ahead of the Ethereum Merge slated for mid-September. This is after more than 96% of the community agreed with a risk assessment report and improvement proposal first highlighted on 23 August 2022.
DeFi Protocol Aave Temporarily Freezes Ethereum (ETH) Borrowing Leading Up to the Merge
Source: The Daily Hodl
Date: Mon, 05 Sep 2022 12:55:27
Leading decentralized finance (DeFi) protocol Aave has frozen Ethereum (ETH) borrowing as the leading smart contract platform prepares for the highly anticipated merge. Citing advice from analytics firm Block Analitica, a community proposal says that the Ethereum merge will present significant risks to the DeFi borrowing and lending markets.
Aave price analysis: Price faces depreciation up to $87.21 after a bearish return
Source: Cryptopolitan
Date: Mon, 05 Sep 2022 08:39:04
Aave price analysis indicates that the AAVE/USD pair is bearish today. After a period of consolidation above the $86.88 level, the price has started to dip and is currently trading at $87.21.
LIDO (LDO)
Current Price: $ 2.01 (24h Changes: 0.32 %)
Current Market Cap: $ 1,216,619,040 (24h Changes: -0.38 %)
Positive News
Value Locked in Lido Rises Prior to Ethereum's Merge, LDO Token Jumps 23% Higher in 7 Days
Source: Bitcoin
Date: Mon, 05 Sep 2022 15:00:22
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network's consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).
DeFi Project Lido Finance Rose 20% Last Week Ahead of Ethereum Merge
Source: Decrypt
Date: Mon, 05 Sep 2022 05:21:25
The token powering Ethereum staking service Lido Finance has enjoyed a heady rise over the past week, jumping from $1.60 to nearly $2 today.
Top 5 Cryptocurrencies of the Week -Week 35
Source: CryptoTicker
Date: Mon, 05 Sep 2022 02:52:49
This post is all about the top 5 cryptocurrencies that displayed good performance in the last seven days.
SYNTHETIX (SNX)
Current Price: $ 2.96 (24h Changes: -0.53 %)
Current Market Cap: $ 701,078,369 (24h Changes: -0.69 %)
Neutral News
Where will Synthetix [SNX] end up after the latest SIP-276 proposal
Source: AMBCrypto
Date: Mon, 05 Sep 2022 14:30:50
Synthetix is at the cusp of a breakout after the release of new announcements on the network. The network is rolling out a proposal to cap SNX's maximum supply at a “very memorable” 300 million.
