What Happens To DeFi Today? (18 Oct 2022, Tuesday)


"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: $ 7.28 (24h Changes: 1.38 %)

Current Market Cap: $ 3,577,051,677 (24h Changes: 1.34 %)

Positive News

Chainlink Recovers from the $6.29 Low As It Resumes a Sideways Trend

Source: Coin Idol

Date: Mon, 17 Oct 2022 05:38:00

The price of Chainlink (LINK) is in a sideways trend as it trades below the moving average lines. The cryptocurrency is trading in a limited range between $6.70 and $8.00.

Neutral News

Popular Analyst Says XRP To Witness Upward Momentum, Updates Forecast for Cardano and One Other Altcoin

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 07:45:35

A popular analyst and trader says he remains bullish on XRP despite the overall uncertainty in the crypto markets. In a new blog post, Michaël van de Poppe says XRP is one of the strongest movers in the markets as of late.

 

UNISWAP (UNI)

Current Price: $ 6.38 (24h Changes: 4.55 %)

Current Market Cap: $ 4,824,110,408 (24h Changes: 4.07 %)

Positive News

Uniswap price analysis: UNI moves towards positivity at $6.13 after bullish movement

Source: Cryptopolitan

Date: Mon, 17 Oct 2022 04:21:37

Uniswap price analysis for October 17th, 2022, reveals the market following a complete bullish movement, obtaining significant positive momentum, signifying a gain of positivity for the UNI market.

 

AAVE (AAVE)

Current Price: $ 79.3 (24h Changes: 4.91 %)

Current Market Cap: $ 1,120,906,117 (24h Changes: 4.71 %)

Neutral News

Just-In: Justin Sun Pulls Out Millions Of USDT From Aave Pool

Source: Coingape

Date: Mon, 17 Oct 2022 08:50:03

Justin Sun, founder of Tron recently took over as an advisor to the Huobi crypto exchange, has been spotted moving millions of USDT tokens. Data suggests that Sun has moved these millions of USDT, a stable to his wallet amid increasing volatile market conditions.

 

LIDO DAO (LDO)

Current Price: $ 1.51 (24h Changes: 12.29 %)

Current Market Cap: $ 1,043,013,898 (24h Changes: 12.21 %)

Positive News

Ethereum-Based Altcoin Project Jumps After Crypto Exchange Coinbase Adds It to Listing Roadmap

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 14:05:08

An Ethereum (ETH)-based altcoin is rallying following news that top US crypto exchange Coinbase has added the project to its listing roadmap. Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, has seen more than a 16% price increase in the days following Coinbase's announcement via Twitter.

 

MAKER (MKR)

Current Price: $ 1,102.65 (24h Changes: 11.93 %)

Current Market Cap: $ 997,181,948 (24h Changes: 11.7 %)

Positive News

Maker Coin Price May Rise 8% Before It Triggers Next Bear Cycle

Source: Coingape

Date: Mon, 17 Oct 2022 15:12:38

A V-shaped recovery from the $590 support triggers a parabolic growth in Maker coin price. The altcoin currently trades at $1084 with an intraday gain of 8%.

Negative News

Maker's 7% gains may turn to losses if these MKR metrics follow the same route 

Source: AMBCrypto

Date: Mon, 17 Oct 2022 11:30:03

Maker [MKR] recently registered a promising uptick as its value increased by 7% in the last week. At press time, MKR was trading at $1,004 with a market capitalization of $959,766,006.

 

 

How do you rate this article?

23


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.