What Happens to DeFi Today ? (20 FEB 2023, Monday)

By quantdoge | What Happens To Crypto Today? | 20 Feb 2023

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily.

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Here are the news for you today.

CHAINLINK (LINK)

Current Price: $ 7.94 (24h Changes: -1.62 % )

Current Market Cap: $ 3,898,307,075 (24h Changes: -1.09 % )

LINK-Positive News

1. After Accumulating $881,000,000 in Shiba Inu and Polygon, Whales Are Now Targeting Two Ethereum-Based Altcoins
Source: The Daily Hodl
Date: Sun, 19 Feb 2023 05:15:34

After gobbling up nearly $900 million worth of Shiba Inu (SHIB) and Polygon (MATIC), crypto whales now have their eyes on two other altcoins running on the Ethereum (ETH) blockchain. Blockchain-tracking service WhaleStats reveals that the largest 1,000 Ethereum whales have accumulated more than $671 million worth of SHIB and $210 million worth of MATIC.

2. Chainlink price analysis: LINK shows a strong bullish at $8.15 after the latest surge
Source: Cryptopolitan
Date: Sun, 19 Feb 2023 08:33:25

Recent Chainlink price analysis is in bullish sentiment as the LINK price surged to $8.15 after experiencing a minor dip near $7.53, which is its immediate support level. The bullish have been in control since the LINK/USD pair broke past the resistance level of $8.22 on February 17th.

3. Chainlink breaks through key level- Opportunities ahead for short sellers?
Source: AMBCrypto
Date: Sun, 19 Feb 2023 04:30:25

Another week of 2023 is in the rearview mirror and the bulls have emerged victorious once again. LINK holders are ecstatic after the rally that the coin has delivered since mid-February.

LINK-Neutral News

1. Chainlink ($LINK) On The Verge Of Breakout If This Support Breaks?
Source: Coingape
Date: Sun, 19 Feb 2023 13:41:33

Chainlink News: Ethereum based blockchain network Chainlink's LINK token failed to breach the key resistance at $9.40 level in the last 8 months. This is despite a major relief rally since January 2023 in Bitcoin (BTC) and many other altcoins.

2. Keep These Two Altcoins on Radar for Coming Months, Where's Bitcoin (BTC) Positioned?
Source: Coingape
Date: Sun, 19 Feb 2023 10:34:55

Over the last week, the broader cryptocurrency market has seen a strong bounce-back adding over $100 billion to investors' wealth. Bitcoin (BTC) has been leading the market rally with over 13% gains on the weekly chart with altcoins offering strong support.

UNISWAP (UNI)

Current Price: $ 7.27 (24h Changes: 3.56 % )

Current Market Cap: $ 5,461,343,412 (24h Changes: 4.07 % )

UNI-Positive News

1. Uniswap price analysis: UNI/USD exhibits a positive trend at $7.04, as buying demand increases
Source: Cryptopolitan
Date: Sun, 19 Feb 2023 03:40:25

Uniswap price analysis suggests a strong bullish trend, as the coin as been on an upward trajectory for the last 24 hours. The coin has continued to show strong support from its investors, which has been reflected in its price.

UNI-Neutral News

1. Blur overtakes UniSwap as a “top gas guzzler” on Ethereum
Source: Crypto news
Date: Sun, 19 Feb 2023 14:19:30

Blur, an NFT marketplace, is the top "Gas guzzler" on Ethereum, overtaking UniSwap and Seaport, a web3 protocol that ensures trades are secure and efficiently executed.

LIDO-DAO (LDO)

Current Price: $ 2.97 (24h Changes: -8.86 % )

Current Market Cap: $ 2,505,677,709 (24h Changes: -9.46 % )

LDO-Neutral News

1. Why Lido DAO Will Benefit Most From Crypto Staking Regulation?
Source: Coingape
Date: Sun, 19 Feb 2023 10:35:36

Lido DAO News: With the recent regulatory restrictions on crypto staking on exchanges, the upcoming Ethereum Shanghai upgrade could potentially bring in sweeping changes in the staking ecosystem. While it is argued that unstaking of ETH would bring down Ethereum price, it can also be argued that many stakers could chose to restake for more The post Why Lido DAO Will Benefit Most From Crypto Staking Regulation?

2. Top 5 Cryptocurrencies Of The Week – Week 7
Source: CryptoTicker
Date: Sun, 19 Feb 2023 02:05:45

This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.