What Happens To DeFi Today? (07 Sep 2022, Wednesday)


"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: $ 6.73 (24h Changes: -7.62 %)

Current Market Cap: $ 3,136,824,919 (24h Changes: -7.49 %)

Negative News

ChainLink price analysis: LINK loses value at $7.1

Source: Cryptopolitan

Date: Tue, 06 Sep 2022 13:23:28

ChainLink price analysis for September 6, 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.

 

UNISWAP (UNI)

Current Price: $ 5.9 (24h Changes: 50.56 %)

Current Market Cap: $ 4,448,795,895 (24h Changes: -9.08 %)

Neutral News

Can Metacryp (Mtcr), With Its Referral Bonus, Compete With Well-known Platforms Like Near Protocol (Near) And Uniswap (Uni)?

Source: CoinPedia

Date: Tue, 06 Sep 2022 03:07:09

Introduction In a nutshell, cryptocurrency is decentralized digital money based on blockchain technology. The most well-known cryptocurrency, Bitcoin, was introduced to the public in 2009, and thousands of other cryptocurrencies have emerged since then.

 

AAVE (AAVE)

Current Price: $ 84.42 (24h Changes: -6.26 %)

Current Market Cap: $ 1,184,732,214 (24h Changes: -6.54 %)

Positive News

Aave price analysis: Bullish momentum helps elevate AAVE to $92.42

Source: Cryptopolitan

Date: Tue, 06 Sep 2022 05:02:43

The latest Aave price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way towards revival and has recovered up to the $92.42 mark during the day as the bullish trend has gained stability.

Neutral News

AAVE Stops Loaning ETH Ahead of Merge

Source: BeInCrypto

Date: Tue, 06 Sep 2022 14:30:00

AAVE suspends ETH borrowing as the risk of high utilization leading up to the Merge could affect ETH liquidity. The post AAVE Stops Loaning ETH Ahead of Merge appeared first on BeInCrypto.

Aave Halts ETH Loans As Ethereum Bellatrix Merge Upgrade Goes Lives

Source: EWN

Date: Tue, 06 Sep 2022 09:10:28

Aave pauses ETH loans ahead of the merge.

DeFi Giant Aave Stops Loaning Ether Ahead of Ethereum Merge

Source: Coindesk

Date: Tue, 06 Sep 2022 06:49:18

The Aave community is worried that users may increasingly borrow ether ahead of the Merge, exposing the protocol to liquidity issues and injecting volatility into Lido's staked ether market.

 

LIDO (LDO)

Current Price: $ 1.87 (24h Changes: -7.25 %)

Current Market Cap: $ 1,128,364,509 (24h Changes: -7.1 %)

Positive News

Lido Finance [LDO] leads the pack with 20% gains- Decoding ‘why'

Source: AMBCrypto

Date: Tue, 06 Sep 2022 00:30:49

The price of Lido Finance's LDO token rallied by 20% in the past seven days, data from CoinMarketCap revealed. According to Cryptowatch, the #66 largest cryptocurrency shares a statistically significant positive correlation with Bitcoin [BTC].

 

SYNTHETIX (SNX)

Current Price: $ 2.78 (24h Changes: -5.94 %)

Current Market Cap: $ 659,445,377 (24h Changes: -6.04 %)

Positive News

10 Best Low Cap Cryptocurrencies to Invest in for 2022

Source: Cryptonews

Date: Tue, 06 Sep 2022 09:56:00

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

 

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by https://unsplash.com/@kanchanara

How do you rate this article?

26


quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

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

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.