Sirwin
Sirwin

What Happens To DeFi Today? (09 Jan 2023, 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.

Recently, we have just launched a news sentiment analysis tool that utilizes machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.

Interested in our product? It's available for free here -> ChainMetrics.ai

 

CHAINLINK (LINK)

Current Price: $ 5.87 (24h Changes: 1.5 %)

Current Market Cap: $ 2,886,731,233 (24h Changes: 1.43 %)

Negative News

Chainlink Is In Potential Decline And Approaching $6 High

Source: Coin Idol

Date: Sun, 08 Jan 2023 05:36:00

Chainlink (LINK) price has risen above the $5.77 support level, but was not able to surpass the 21-day line SMA. There is a risk that the altcoin will fall if it tries to break above the 21-day line SMA.

 

AAVE (AAVE)

Current Price: $ 58.5 (24h Changes: 4.35 %)

Current Market Cap: $ 831,665,714 (24h Changes: 4.24 %)

Positive News

Will Aave's long-term growth plans dampen short-term investor expectations?

Source: AMBCrypto

Date: Sun, 08 Jan 2023 12:30:37

Aave announced that snapshot voting for a recent proposal seeking for the renewal of Aave Grants DAO kicked off. If approved, the decentralized network may embark on stimulating more development in pursuit of long-term growth.

 

LIDO DAO (LDO)

Current Price: $ 1.91 (24h Changes: 25.68 %)

Current Market Cap: $ 1,552,630,936 (24h Changes: 28.58 %)

Positive News

Ethereum's Shanghai Upgrade Brings Heat To Liquid Staking Derivatives (LSD) with LDO Seeing 71% Increase In Value

Source: EWN

Date: Sun, 08 Jan 2023 11:30:25

The Shanghai upgrade of the Ethereum network, set to launch in March, will allow users to withdraw their ether (ETH) from the network. A public test network for the Shanghai upgrade will be released by the end of February.

Lido DAO Surges By More Than 57% in Just A Week – More Gains Up Ahead?

Source: NewsBTC

Date: Sun, 08 Jan 2023 03:40:15

Lido DAO (LDO), the native cryptocurrency of Lido Finance, significantly increased its total market capitalization which now stands at $1.25 billion. This no longer comes as a surprise as the crypto asset is in the midst of an incredible run that enabled it to post double-digit gains on its intraday, weekly, bi-weekly and monthly charts.

Top 5 Cryptocurrencies Of The Week – 1

Source: CryptoTicker

Date: Sun, 08 Jan 2023 01:18:23

The first week of 2023 just finished and this article will discuss the top five cryptocurrencies of the week, which performed well despite the bear market

Neutral News

Cryptocurrencies to watch for the week of January 9, 2023

Source: Finbold

Date: Sun, 08 Jan 2023 11:21:53

As the first week of 2023 ends, most cryptocurrencies have traded in the green zone after massive sell-offs over the past year. Notably, some assets aim to build on the fuel that has inspired a mini-rally as a foundation for sustained gains.

 

MAKER DAO (MKR)

Current Price: $ 576.04 (24h Changes: 4.61 %)

Current Market Cap: $ 518,685,910 (24h Changes: 4.54 %)

Neutral News

MakerDAO set to implement parameter changes; a look at lending markets

Source: AMBCrypto

Date: Sun, 08 Jan 2023 10:30:57

In a new proposal, the Open Market Committee of the MakerDAO governance team is seeking community approval to implement some parameter changes to the operation of the decentralized finance protocol (DeFi) in light of recent events in the lending vertical of the DeFi ecosystem.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

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