What Happens to DeFi Today ?

“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.

If you would like to read and analyse the news here over an interactive user interface, please check out our blockchain analytics app -> ChainMetrics !

2023-02-21 (Tuesday)


Current Price:  $ 8.01 (24h Changes: 0.28 % )

Current Market Cap:  $ 3,935,127,181 (24h Changes: 0.58 % )

LINK-Positive News

1. Chainlink (LINK) Holds Over 24% Gains In The Last Week As Market Rallies
Source:  NewsBTC
Date:  Mon, 20 Feb 2023 13:30:16

The crypto market has recently displayed more bullish movements than bearish ones. This positive trend is evident in the prices of several tokens, with the Chainlink (LINK) coin showing significant growth in its value.

2. Breaking: Chainlink (LINK) Whales Awake After 8 Months, Rally Ahead?
Source:  Coingape
Date:  Mon, 20 Feb 2023 12:16:32

Chainlink (LINK) News: After months of flirting with the local support area, Chainlink (LINK) finally appears well placed to break it with the entry of whales. This comes amid encouraging rallies for several altcoins as Bitcoin (BTC) price is at an eight month high range currently.

3. This is how Chainlink (LINK) revolutionizes the future of ID's using this superior tech – Report
Source:  CryptoNewsFlash
Date:  Mon, 20 Feb 2023 11:27:55

Chainlink shares how using zero-knowledge proofs, users can share critical information without disclosing their digital IDs.

LINK-Neutral News

1. Whales Move $384,900,000 in Bitcoin and Two Ethereum-Based Altcoins in Span of Just 8 Minutes
Source:  The Daily Hodl
Date:  Mon, 20 Feb 2023 08:53:17

Three seemingly synchronous crypto whales appeared out of nowhere on Monday, throwing serious amounts of Bitcoin and two Ethereum-based altcoins around. The first whale moved 229,355,145 Decentraland (MANA) worth $165.6 million from an unknown wallet to another wallet of unknown origin.


Current Price:  $ 7.35 (24h Changes: 1.96 % )

Current Market Cap:  $ 5,537,166,670 (24h Changes: 2.17 % )

UNI-Positive News

1. Curve, Uniswap and SushiSwap battle it out as DEX fee keeps declining
Source:  AMBCrypto
Date:  Mon, 20 Feb 2023 12:30:45

According to data provided by Messari, the fees on DEXs have drastically reduced over time. This decline in fees would help DEXs such as Uniswap, Curve, and SushiSwap attract more users to their respective protocols.

UNI-Negative News

1. Uniswap price analysis: UNI suffers a downtrend at $7.24 after a bearish strike
Source:  Cryptopolitan
Date:  Mon, 20 Feb 2023 13:40:58

Uniswap price analysis shows a bearish movement, with UNI/USD suffering a downtrend at $7.24 after a bearish strike. The UNI/USD pair is currently trading at the support level of $7.08 and may fall further if push comes to shove.


Current Price:  $ 2.92 (24h Changes: -0.67 % )

Current Market Cap:  $ 2,470,790,651 (24h Changes: -0.38 % )

LDO-Positive News

1. Why Lido (LDO) Price Surged After V2 Liquid Staking Announcement
Source:  BeInCrypto
Date:  Mon, 20 Feb 2023 06:00:00

Ethereum liquid staking platform Lido announced a big upgrade earlier this month. Since then, its native LDO token has surged by 33%.

2. LDO contributes massively to VC portfolios, but here's the catch
Source:  AMBCrypto
Date:  Mon, 20 Feb 2023 01:30:03

Major VCs (Venture capital) such as Dragonfly and Wintermute observed massive gains in their portfolio over the last few months. According to new data, it was observed that LDO was a prominent token in their respective portfolios.


Current Price:  $ 0.17 (24h Changes: 1.02 % )

Current Market Cap:  $ 1,523,862,166 (24h Changes: 1.15 % )

GRT-Positive News

1. 3 AI Cryptos to Watch as the Artificial Intelligence Trend Explodes
Source:  Investorplace
Date:  Mon, 20 Feb 2023 11:11:45

Here are three AI cryptos long-term investors may want to put on their radar as projects with very high upside potential.


Current Price:  $ 768.98 (24h Changes: 4.14 % )

Current Market Cap:  $ 693,132,845 (24h Changes: 4.37 % )

MKR-Neutral News

1. TechOps Core Unit takes over management of MakerDAO Github
Source:  CryptoSlate
Date:  Mon, 20 Feb 2023 09:11:15

MakerDAO announced on February 20 a long-awaited change to its GitHub operations.