Cryptocurrency News
Maker is currently in a downward range after rejecting a key level two weeks ago. However, it appeared to have found temporal support and is now gaining traction following a small increase since yesterday. After dropping for almost three months, Maker reached an exhaustion selling point and bounced briefly above […]
A multisignature address, likely associated with UDHC/MakerDAO and identified as 0xbba, has recently deposited its remaining 628 MKR (worth $1.77 million) to Binance through an intermediary wallet, 0x1cc. Over the past four months, this address has deposited a total of 30,971 MKR to Binance and Wintermute Trading at an average […]
Interest in $MKR has surged recently, primarily due to its robust financial performance and strategic potential. MakerDAO, the project behind $MKR, is generating $85 million in quarterly revenue, reaching an all-time high. With nearly all $MKR coins already in circulation, the project stands out in a market where many are […]
MakerDAO has achieved an impressive milestone, marking five consecutive quarters of revenue growth. Despite this, $MKR continues to trade at historical price-to-sales (P/S) lows, making it an enticing prospect for investors. The anticipation surrounding the rebrand and launch of NewStable further solidifies $MKR as a token too cheap to ignore. […]
The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX). Whale address 0x09e/0xdbb made […]
Over the past week, Maker DAO’s native token, $MKR, has encountered a marginal decrease of up to 3%. This decline coincides with notable on-chain activity involving a prominent whale investor, identified as 0xa09. Recent data reveals that Whale 0xa09 recently deposited the remaining 1,488 MKR tokens, valued at $5.43 million, […]
Following a recent market dip, the price of MKR, the native token of MakerDAO, has experienced a notable rebound of approximately 7% within a span of 10 hours. However, insights from whale activity suggest varying perspectives on the token’s trajectory. A multisignature wallet, likely affiliated with MakerDAO, has made significant […]
The price of Maker (MKR), the governance token of the MakerDAO and Maker Protocol, has experienced significant volatility in recent days, reaching a yearly high of $3.3k before retracing to $2.7k within the past 24 hours. According to on-chain reports from Spotonchain, MakerDAO may have capitalized on the recent MKR […]
MakerDAO ($MKR), known for its significant contribution to real-world asset (RWA) transactions within decentralized finance (DeFi), has experienced a slight price decline in recent hours, influenced by on-chain activity and protocol adjustments. According to reports from on-chain analytics firm Spotonchain, Wallet 0xa58, associated with RuneKek, a MakerDAO co-founder, has sold […]
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
The already existing global financial system has led to numerous inequalities, thus raising the question of how we can make wealth-building tools more accessible to the rest of the global population. The rapid acceptance of evolving technologies has made the development of a new alternative to the existing financial system […]
If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs). At the time of writing, […]
Renowned venture capital firm Andreessen Horowitz has invested $15 million in MakerDAO’s stablecoin, the company recently revealed in a press statement. The VC firm, which is considered one of the most elite in the world, has become increasingly involved in the crypto industry in the past year having set up […]
MakerDAO, creator of the Dai stablecoin, announced its partnership with Tradeshift on July 6. Tradeshift, which provides supply chain payments and markets for more than 1.5 million companies in over 190 countries, will add payments through a decentralized marketplace using the Dai stablecoin to fund real-time small business loans. This […]
MakerDAO is a stability platform comprised of a stablecoin, a governance coin, and a decentralized governance model. Stablecoins are a potential solution to the volatility of cryptocurrencies, allowing for wider adoption. In this interview, Rune Christensen, Founder of MakerDAO, explains how this project attempts stabilization, exploring topics including security audits, […]