What Happens To DeFi Today? (12 Sep 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.

 

CHAINLINK (LINK)

Current Price: $ 7.94 (24h Changes: 0.86 %)

Current Market Cap: $ 3,716,078,184 (24h Changes: 0.29 %)

Positive News

ChainLink price analysis: LINK increases value by 2% after bullish movement

Source: Cryptopolitan

Date: Sun, 11 Sep 2022 11:31:44

ChainLink price analysis for September 11, 2022, reveals the market following a complete bullish movement, obtaining significant positive momentum, signifying a gain of positivity for the LINK market. The price of ChainLink has remained negative over the past few hours.

Chainlink Resumes an Uptrend but Is Unable to Break the $8.00 High

Source: Coin Idol

Date: Sun, 11 Sep 2022 06:30:00

Chainlink (LINK) is trading in the uptrend zone as the price is above the moving average lines. Yesterday, the altcoin faced rejection as the market reached the overbought zone at $8.00.

 

UNISWAP (UNI)

Current Price: $ 6.48 (24h Changes: -1.14 %)

Current Market Cap: $ 4,890,919,401 (24h Changes: -1.23 %)

Neutral News

How Uniswap [UNI] landed at this same spot is no mystery – Here's the catch

Source: AMBCrypto

Date: Sun, 11 Sep 2022 03:00:32

Automated liquidity protocol Uniswap [UNI] steered its way to where it was two weeks back, despite many of its counterparts recording good gains. Despite making huge waves a week ago, it was surprising to see UNI's price at the exact zone it was during the crypto-market's capitulation.

 

LIDO (LDO)

Current Price: $ 2.03 (24h Changes: -1.18 %)

Current Market Cap: $ 1,260,119,957 (24h Changes: -2.03 %)

Positive News

30% of Today's Staked Ethereum Is Tied to Lido's Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

Source: Bitcoin

Date: Sun, 11 Sep 2022 15:30:06

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week.

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Pascal Bernardon

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


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