What Happens to DeFi Today ? (15 Mar 2023, Wednesday)


“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.

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Besides DeFi Tokens, we also curate and summarise news on the Layer 1 space, stay ahead of the L1 game with us at -> What Happens to L1 Tokens Today ?

 

2023-03-15 (Wednesday)

 

CHAINLINK (LINK)

Current Price:  $ 7.08 (24h Changes: 4.38 % )

Current Market Cap:  $ 3,472,862,950 (24h Changes: 4.62 % )


LINK-Positive News

1. ChainLink price analysis: LINK obtains bullish momentum at $7.1
Source:  Cryptopolitan
Date:  Tue, 14 Mar 2023 13:32:24

ChainLink price analysis for March 14, 2023, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bullish over the past few hours.

 

UNISWAP (UNI)

Current Price:  $ 6.41 (24h Changes: 4.72 % )

Current Market Cap:  $ 4,825,907,081 (24h Changes: 4.85 % )


UNI-Positive News

1. Coinbase Is Adding DeFi Apps UniSwap and Aave to Its Base Blockchain: Source
Source:  Coindesk
Date:  Tue, 14 Mar 2023 11:20:15

A person familiar with the process said UniSwap would probably appear on Base in a couple of months.

2. Uniswap price analysis: UNI shows upwards at $6.50 after a bullish movement
Source:  Cryptopolitan
Date:  Tue, 14 Mar 2023 15:26:20

The Uniswap price analysis indicates an increase in price levels for today. The price levels have moved up to meet the $6.50 level, which is a relatively positive indication for the buyers as the price has increased.

 

AAVE (AAVE)

Current Price:  $ 80.28 (24h Changes: 5.62 % )

Current Market Cap:  $ 1,148,045,885 (24h Changes: 5.77 % )


AAVE-Positive News

1. Coinbase Is Adding DeFi Apps UniSwap and Aave to Its Base Blockchain: Source
Source:  Coindesk
Date:  Tue, 14 Mar 2023 11:20:15

A person familiar with the process said UniSwap would probably appear on Base in a couple of months.

 

LIDO-DAO (LDO)

Current Price:  $ 2.81 (24h Changes: 4.71 % )

Current Market Cap:  $ 2,394,450,970 (24h Changes: 4.94 % )


LDO-Positive News

1. Ethereum Now Featured Twice in Crypto Top 10 — Thanks to Lido
Source:  Blockworks
Date:  Tue, 14 Mar 2023 13:13:12

Paxos has burned so much BUSD that Lido staked ETH is now the tenth largest crypto by market cap

2. Whales are Buying THESE 3 Cryptos As Banks COLLAPSE
Source:  Altcoin Buzz
Date:  Tue, 14 Mar 2023 06:06:51

Amazing to see that, even with all the USDC FUD for the weekend, Bitcoin is well above 22K. Does this look like another FTX or Terra Saga?


LDO-Neutral News

1. Lido Finance Faces Regulatory Uncertainty: Should Investors Be Concerned?
Source:  CoinPedia
Date:  Tue, 14 Mar 2023 07:01:35

Lido Finance, the largest liquidity staking protocol, has been facing regulatory uncertainty in the United States. Despite making a tremendous market entry in the past few years with over $9.8 billion in total value locked (TVL), Lido Finance has diversified in several chains, including Ethereum, Solana, Moonbeam, Moonriver, and Terra Classic.


LDO-Negative News

1. Should LDO holders be worried? Institutional investors' selling spree means
Source:  AMBCrypto
Date:  Tue, 14 Mar 2023 02:30:24

Lido has been dominating the LSD (Liquid Staking Derivative) space since the beginning of the year. However, despite its rising TVL and the protocol's positive performance, many investors and validators have lately started to liquidate the assets that were assigned to them.

 

THE-GRAPH (GRT)

Current Price:  $ 0.16 (24h Changes: 7.36 % )

Current Market Cap:  $ 1,372,557,294 (24h Changes: 7.72 % )


GRT-Positive News

1. The Graph Price Prediction: GRT Coin Pumps On Bullish CPI Report
Source:  InvestingCube
Date:  Tue, 14 Mar 2023 10:27:09

The Graph price is surging like there's no tomorrow. GRT coin price has gained 47% in within just three days.

2. Top Analyst Predicts Rallies for Fantom and One Ethereum-Based Altcoin, Says ETH Looks ‘Hella' Bullish
Source:  The Daily Hodl
Date:  Tue, 14 Mar 2023 07:45:32

A crypto analyst known for accurately calling Bitcoin's (BTC) 2018 bottom believes that bullish price actions are in store for Ethereum (ETH), Fantom (FTM) and one low-cap altcoin.

 

MAKER (MKR)

Current Price:  $ 877.03 (24h Changes: -2.47 % )

Current Market Cap:  $ 785,094,900 (24h Changes: -1.72 % )


MKR-Positive News

1. Is 65% Maker (MKR) Price Increase a Sign of Things to Come?
Source:  BeInCrypto
Date:  Tue, 14 Mar 2023 11:00:00

The Maker (MKR) price could accelerate its rate of increase with a short-term breakout


MKR-Neutral News

1. MakerDAO looks to limit volatility after USDC troubles pushed some users to DAI
Source:  The Block
Date:  Tue, 14 Mar 2023 11:17:02

The supply of USDC shrank by 5% while the supply of DAI shot up, increasing to 6.3 billion from 5.1 billion since March 10.

2. MakerDAO cites ‘uncertainty' to usher in new changes to protocol
Source:  AMBCrypto
Date:  Tue, 14 Mar 2023 15:30:07

As the FUD around stablecoins gathers steam, many DeFi protocols have started to implement changes and proposals to their networks. MakerDAO, for instance, has deployed new parameters to mitigate the risk against the volatility of stablecoin markets.

3. MakerDAO voting to limit dai volatility during market emergencies
Source:  The Block
Date:  Tue, 14 Mar 2023 13:57:28

MakerDAO delegates are holding an emergency vote on a proposal by which to stabilize dai during market upheavals.

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


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