What Happens To DeFi Today? (07 Nov 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.

6551fbc28f611b124458c21b2c38c48e420c5a217e644784b3e1863b2d1cbb36.png

Interested in our product? It's available for free here -> Coin Metrics Crypto News Sentiment Analytics

 

CHAINLINK (LINK)

Current Price: $ 8.32 (24h Changes: -3.19 %)

Current Market Cap: $ 4,081,986,768 (24h Changes: -3.24 %)

Negative News

Chainlink price analysis: Bears drag price levels down to $8.65 in latest strike

Source: Cryptopolitan

Date: Sun, 06 Nov 2022 03:20:05

Chainlink price analysis is showing signs of a downtrend, as the price has been following a decreasing movement since the start of today's trading session. Bears have dragged price levels down to $8.65, which represents a 1.46% decrease in the last 24 hours.

 

UNISWAP (UNI)

Current Price: $ 7.12 (24h Changes: -7.09 %)

Current Market Cap: $ 5,367,128,034 (24h Changes: -7.08 %)

Neutral News

Uniswap's next bull rally may be delayed despite all these odds in UNI's favor 

Source: AMBCrypto

Date: Sun, 06 Nov 2022 11:30:28

Uniswap [UNI] made headlines as it stood to be the highest revenue-generating protocol as of 6 November. Furthermore, things also looked quite optimistic for the blockchain owing to a few other positive developments.

Negative News

Uniswap price analysis: UNI crashes to $7.48

Source: Cryptopolitan

Date: Sun, 06 Nov 2022 11:54:00

The most recent Uniswap price analysis confirms a decreasing trend for cryptocurrency today as the coin value has degraded. The market has been following a bearish trend after reaching a high of $7.75 in the last 4-hours, with resistance currently present at $7.74 for UNI/USD pairs.

DeFi Industry Facing Serious Problem Tied to Uniswap and Network in General

Source: UToday

Date: Sun, 06 Nov 2022 04:23:00

Decentralized finance community might be focusing on completely wrong thing

 

MAKER (MKR)

Current Price: $ 848.54 (24h Changes: -5.24 %)

Current Market Cap: $ 763,917,662 (24h Changes: -5.22 %)

Positive News

Maker: Assessing the bursting whale interest in MKR and its impact on investors 

Source: AMBCrypto

Date: Sun, 06 Nov 2022 13:30:58

MakerDAO managed to witness some significant improvements in its performance over the past 30 days. According to data from Messari, the deposit, withdrawal and borrow volume grew significantly over the past month.

 

How do you rate this article?

33


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.