AAVE is expected to see further declines from its current levels before stabilizing.
Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network.
Uniswap price has moved into a local bear market, falling by over 23% from its highest point this week as cryptocurrencies lose momentum. The UNI token was trading at $8.27 on Friday, November 15 as some crypto analysts remain optimistic that it will bounce back.
The 30-day MVRV ratio for AAVE was at -4%. Hence, it could be deemed relatively cheap and a great buy at current prices.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink.
World Liberty Financial, a decentralized finance platform backed by President-elect Donald Trump, has partnered with Chainlink to integrate real-time data feeds.
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin's recent surge. The recent decline highlights the weakness in UNI's momentum, with technical indicators suggesting a cautious outlook.
Donald Trump backed the decentralized finance (DeFi) project, World Liberty Financial (WLFI) said it would integrate Oracle Chainlink for on-chain data and cross-chain interoperability. In an official announcement, the protocol said that tapping Chainlink technology will allow its project to better integrate with the crypto ecosystem.
World Liberty Financial collaborates with Chainlink to secure its DeFi ecosystem with robust data feeds, cross-chain compatibility, and governance tools. This partnership underlines WLFI's focus on enhancing DeFi's reliability and utility. The post Trump's World Liberty Financial Adopts Chainlink for DeFi Expansion appeared first on Cryptonews.
The WLFI protocol will first integrate with Chainlink price feeds on the Ethereum mainnet to enable the launch of its World Liberty Financial Aave V3 instance soon.
World Liberty Financial's WLFI token is only available to accredited investors inside the United States and non-US residents.
The strategic alliance between WLFI and Chainlink aims to redefine security and interoperability in the world of decentralized finance.
World Liberty Financial integrated Chainlink for secure, reliable on-chain data and cross-chain interoperability as it prepares to launch on Aave v3.
Donald Trump's World Liberty Financial (WLFI) has partnered with Chainlink to help secure its DeFi ecosystem. The DeFi protocol will adopt Chainlink's standard for on-chain data and cross-chain interoperability to help ensure a successful launch.
World Liberty Financial (WLFI), a DeFi project backed by US President-elect Donald Trump, has partnered with Chainlink to accelerate DeFi adoption. This new alliance, announced on Nov. 14, names Chainlink as WLFI's primary provider for on-chain data and cross-chain connectivity.
TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.
Trump-associated World Liberty Financial has selected Chainlink for data feeds integration to support Aave v3.
"I appreciate that they are approaching their launch with a strong focus on security,” said Chainlink co-founder Sergey Nazarov.
Chainlink will provide crucial pricing data and cross-chain interoperability infrastructure for the nascent DeFi platform.
The partnership could accelerate DeFi's integration with traditional finance, potentially reshaping global financial systems and privacy norms. The post Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption appeared first on Crypto Briefing.
World Liberty Financial (WLFI), a project inspired by Donald Trump's vision of financial independence, has announced its adoption of Chainlink's infrastructure.
Chainlink could be ready for a comeback, thanks to its growing role in two emerging trends in the blockchain world.
TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.
Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021
Chainlink whales have accumulated over 15 million LINK tokens worth $165 million in the past two months, coinciding with increased trading activity and a break above the 200-day moving average at $12.80.
The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).
Chainlink (LINK) has seen a whirlwind of price activity, surging 50% before experiencing a sharp 15% retracement within 10 days. This volatility showcases the potential and unpredictability surrounding LINK's recent price action, drawing attention from analysts and investors alike.
Uniswap (UNI) has experienced a dramatic surge in price over the past week, climbing by a robust 38%, reaching highs not seen in nearly five months. On November 12, 2024, the token saw a swift 17.46% rally within just one hour, pushing its price from $9.16 to $10.76.
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
Chainlink whales have accumulated 15 million tokens worth $165 million over the past two months.
Turning a small amount into a fortune might seem like a dream, but some alternative cryptocurrencies could make it possible. With signs of major growth in the crypto world next year, certain lesser-known coins may soar.
Chainlink (LINK) is making waves in the cryptocurrency space with a series of updates that position its native token, LINK, as a key player in the growing blockchain ecosystem. The new approach, which introduces LINK as a universal gas token for network fees, is gaining traction and could fuel significant price growth in the coming months, potentially pushing the token to new highs for 2024.
Chainlink price boasts 13% gains over the last week after soaring to a high of $15.2. The asset has since retraced 10.4% and is trading at $13.37, following Bitcoin's pullback.
Chainlink's price has just broken through a key resistance level, sparking excitement among investors.
The Uniswap daily price action chart hinted that the breakout past the 78.6% level at $8 was a sign of bullish conviction.
Donald Trump's historic win in the 2024 U.S. elections on November 6 is sparking renewed excitement in the crypto industry, especially as his pro-crypto promises have invigorated investors.
UNI rallies as trading volume surges, with bullish signals pointing toward a $17 target.
Aave (AAVE) traders are positioning themselves for what could be a significant gain. Following a brief period of uncertainty after the recent U.S. election, AAVE has experienced a notable uptick in exchange outflows.
Chainlink positions LINK as a universal gas token, fueling price growth with increasing adoption.
Story Highlights The live price of the LINK token is Chainlink crypto price may reach a potential high of around $60 by the end of 2024. Chainlink price, with a potential surge, may reach up to $253.51 by the end of 2030.
Digital coins continue to ride on Donald Trump's election victory, with the global cryptocurrency market cap challenging GDPs of nations like France and the UK. While Trump-themed tokens join Dogecoin's outperformance in the ongoing bull run, Bitcoin's jump towards $90,000 has triggered optimism in the entire altcoin market.
The divergence in performance of DEX tokens suggests that while decentralized exchanges are a foundational component of DeFi, they face adoption challenges.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
AAVE set for a short-term correction before a bullish run despite gradually rising outflows.
Chainlink (LINK) has caught the eye of analysts and investors alike, as its price surges to new heights, breaking long-standing resistance levels. As the cryptocurrency market sees a major bullish rally, one prominent macro investor, Sam, has predicted that Chainlink could not only surpass its current price levels but could ultimately outpace Ethereum in market capitalization by the end of the bull market.
LINK surges 31% to $14.21. Can it break the $15 resistance?
Chainlink price has not been left behind by the bull market. Breaking above a three-month resistance, the LINK price has re-established itself back in a bullish trend.