What Happens To DeFi Today? (15 Oct 2022, Saturday)


"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.

90400b1dc9ae7ff81b455256d015fb5fadea7d62cd66fe351aeef43eb1f3e9bc.png

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

 

CHAINLINK (LINK)

Current Price: $ 6.89 (24h Changes: -2.08 %)
Current Market Cap: $ 3,383,568,868 (24h Changes: -2.19 %)

Positive News

Chainlink To Outperform Bitcoin In Coming Days, Claims Crypto Strategist

Source: CoinPedia

Date: Fri, 14 Oct 2022 09:06:48

Yesterday, i.e., 13th of October, Bitcoin flipped its price trade with the release of the US Consumer Price Index (CPI) data for September which turned out to be negative. Yesterday, Bitcoin had even hit a four-month low of $18,140 on major exchanges before surging back to $19,500.

This altcoin will explode and outperform Bitcoin, Ethereum and other altcoins – Details

Source: CryptoNewsFlash

Date: Fri, 14 Oct 2022 08:00:26

Crypto analyst Benjamin Cowen says that the current bear market is turning out to be a strong accumulation phase for the LINK price.

Neutral News

ChainLink price analysis: LINK remains consistent at $7.084

Source: Cryptopolitan

Date: Fri, 14 Oct 2022 05:44:34

ChainLink price analysis for October 14, 2022, reveals the market following an uncertain movement, showing constant momentum, signifying dormancy for the LINK market. The price of ChainLink has remained constant over the past few hours.

Negative News

Chainlink's short sellers need to know this update to keep losses at bay

Source: AMBCrypto

Date: Fri, 14 Oct 2022 06:30:53

Chainlink's price was seen to be declining over the past seven days, however, with Chainlink‘s new collaboration, things may take a turn for the better. It announced a collaboration with zksync's layer 2 environments to integrate their new price feeds.

 

UNISWAP (UNI)

Current Price: $ 6.24 (24h Changes: 1.31 %)
Current Market Cap: $ 4,706,549,849 (24h Changes: 1.44 %)

Positive News

Here's Why Uniswap Token Price Is Set To Surpass $7 Mark

Source: Coingape

Date: Fri, 14 Oct 2022 15:00:35

Amid the widespread recovery in broader markets, the Uniswap token price rebounded from the $5.66 support. A bullish reversal surged the prices 10% higher from this support and continued with the formation of the inverted head should pattern.

Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation

Source: Cryptonews

Date: Fri, 14 Oct 2022 13:00:00

Uniswap Labs, the company behind one of the world's leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z), Paradigm, SV Angel, and Variant.

Uniswap raises funding of $165 million, but will it help UNI go up

Source: AMBCrypto

Date: Fri, 14 Oct 2022 12:30:51

In a recent development, Uniswap announced that they raised $165 million in their Series B funding round, led by the investment firm Polychain Capital. This news was followed by a subsequent spike in Uniswap's social media engagements.

Neutral News

Uniswap's $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

Source: Bitcoin

Date: Fri, 14 Oct 2022 07:30:48

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs' valuation rise to $1.66 billion, is the largest by any crypto firm in 2022.

Uniswap Secures $165M Funding at $1.66 Valuation in Series B

Source: Coinspeaker

Date: Fri, 14 Oct 2022 07:11:59

Uniswap Labs said that the recent funding will help them focus on more product launches in the coming days.

Uniswap to Deploy on Privacy-Focused zkSync Following Community Vote

Source: Coindesk

Date: Fri, 14 Oct 2022 05:12:06

The proposal passed with nearly 100% of all votes agreeing to the deployment of Uniswap on zkSync, with over 72 million UNI staked by users.

Negative News

Uniswap Labs Raises $165M Amid Slowing VC Crypto Funding

Source: Dailycoin

Date: Fri, 14 Oct 2022 03:10:36

The latest Series B funding round, led by Paradigm, puts Uniswap's value at $1.66 billion, the company said.

 

AAVE (AAVE)

Current Price: $ 72.94 (24h Changes: 1.81 %)
Current Market Cap: $ 1,030,004,395 (24h Changes: 1.74 %)

Positive News

Aave price analysis: AAVE spikes high as bullish momentum inflates to $73.54

Source: Cryptopolitan

Date: Fri, 14 Oct 2022 09:37:05

Aave price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way toward revival and has recovered up to the $73.54 mark during the day as the bullish trend has gained stability.

AAVE's new milestone represents a 2920% growth above 7-day average

Source: AMBCrypto

Date: Fri, 14 Oct 2022 00:30:01

The social activity of AAVE, the native token of the popular ghost protocol Aave, has rallied in the last week, according to the data from LunarCrush. As of 12 October, AAVE's social engagements hit a high of 1.89 million.

 

MAKER (MKR)

Current Price: $ 903.91 (24h Changes: -3.63 %)

Current Market Cap: $ 814,792,758 (24h Changes: -3.65 %)

Negative News

MakerDAO (MKR) Revenue Crashes 86% Amid Weak Loan Demand and Dwindling Liquidations

Source: Dailycoin

Date: Fri, 14 Oct 2022 13:00:12

The drop in revenue together with high expenses resulted in MakerDAO's first net income loss since 2020.

MakerDAO revenue tumbles 86% on Ether and wrapped BTC woes

Source: Cointelegraph

Date: Fri, 14 Oct 2022 02:16:58

Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations.

 

How do you rate this article?

30


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.