"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: $ 6.5 (24h Changes: -3.12 %)
Current Market Cap: $ 3,030,781,877 (24h Changes: -2.9 %)
Negative News
ChainLink price analysis: LINK decreases by 5% after strong bearish move
Source: Cryptopolitan
Date: Sat, 27 Aug 2022 11:26:52
ChainLink price analysis for August 27, 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.
UNISWAP (UNI)
Current Price: $ 6.05 (24h Changes: -5.46 %)
Current Market Cap: $ 2,752,976,558 (24h Changes: -5.2 %)
Positive News
Can Oversold RSI Uplift UNI Price from $6 Support level?
Source: Coingape
Date: Sat, 27 Aug 2022 10:35:26
From Mid-June to August, the UNI/USDT token showed steady growth in response to an ascending trendline. This run-up surged the prices by nearly 200% as it reached and formed a local top at the $9.68-$9.74 mark.
THE GRAPH (GRT)
Current Price: $ 0.1 (24h Changes: -2.53 %)
Current Market Cap: $ 760,064,445 (24h Changes: -1.97 %)
Neutral News
The Graph: Can this development push GRT to achieve new highs in the long-term
Source: AMBCrypto
Date: Sat, 27 Aug 2022 04:30:16
The Graph [GRT] appears to be having a rough time making a comeback after the slap down it received last week. Its attempts at a rally at the start of August demonstrated some promise for the bulls.
MAKER (MKR)
Current Price: $ 762.02 (24h Changes: -3.09 %)
Current Market Cap: $ 685,840,596 (24h Changes: -2.8 %)
Negative News
MakerDAO: It's a bumpy ride to recovery as MKR declines 37% and TVL drops 10%
Source: AMBCrypto
Date: Sat, 27 Aug 2022 14:30:08
The current Total Value Locked (TVL) across all DeFi platforms stood at $59.18 billion at the time of writing. DeFi platforms have been severely affected by general downturn that has plagued the cryptocurrency market since the beginning of August.
SYNTHETIX (SNX)
Current Price: $ 2.89 (24h Changes: 2.98 %)
Current Market Cap: $ 676,800,307 (24h Changes: 3.9 %)
Positive News
Synthetix (SNX) Founder Proposes Ending High Yield Returns With 300M Capped Supply
Source: BeInCrypto
Date: Sat, 27 Aug 2022 10:30:00
Synthetix founder Kain Warwick has submitted a proposal to turn off SNX's high yield returns and cap its supply at 300 million tokens. The post Synthetix (SNX) Founder Proposes Ending High Yield Returns With 300M Capped Supply appeared first on BeInCrypto.
Neutral News
Synthetix (SNX) Price Doesn't Follow Revenue Boom, Here's Why
Source: UToday
Date: Sat, 27 Aug 2022 11:01:00
Analysts from Messari solved puzzle of dramatic imbalance between Synthetix (SNX) activity metric and price of its token
