DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX
The decentralized exchange holds over $390 million in locked tokens as of Tuesday.

The decentralized exchange holds over $390 million in locked tokens as of Tuesday.
On June 7, Coinbase will list BitDAO (BIT) and Coin98 (C98). If the liquidity conditions are met, the transaction will start on or after 0:00 on June 8, Beijing time.
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Positive news about the collapse of China Evergrande and the Fed’s intention to continue with its existing monetary policy has fueled a strong rally in bitcoin and altcoin prices.
The week-long daily lower high pattern suggests bulls will not be able to flip $43,000 as support, which could drag down many altcoins that just bounced back.
Historical data shows that October has been a good month for Bitcoin bulls, and Bitcoin’s break above $47,600 on October 1 could be a harbinger of what’s to come for Bitcoin and altcoins.
Bitcoin and some altcoins are facing a sell-off at higher levels, suggesting that short-term traders may be taking profits after the recent rally.
Altcoins are selling off ahead of the launch of a bitcoin ETF this week, a possible sign that traders are concerned about the historic launch.