Should you diversify into MKR now that MakerDAO is demonstrating healthy activity and growth? Here's what our findings reveal.

Bitcoin Cash (BCH) has been making headlines with its recent price surge, crossing the significant $500 mark and drawing attention from traders and investors. After a remarkable rally of 18.29% in the past 24 hours, BCH is not only holding above the $500 threshold but is also eyeing further gains, with the next key resistance target at $541.

Why Utility Cryptos Were Triumphant This Week

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

Bitcoin Cash (BCH) eyes a 50% rally to $709 by December after breaking out of bullish technical patterns, supported by Bitcoin's halving momentum and Trump's pro-crypto policies.

Bitcoin Cash has surged over the past 24 hours to reach a 7-month high.

The cryptocurrency market experiences positive sentiments as Bitcoin nears $100K after topping $97K. Amidst the bullish trends, Bitcoin Cash (BCH) surpassed the $10 billion market cap after significant 24-hour surges. The upward trend triggered speculations about the potential for BCH price in the coming sessions.

Bitcoin Cash's price gains over the last seven days have outpaced market leaders Bitcoin and Ethereum. This morning (UTC), Bitcoin Cash ($BCH) blew up 17% in the course of 24 hours. The surge was brief, though, and the coin's 24-hour gains have since dropped to 8.1%.

Ethereum Classic was also among the top performers, gaining 9.4%.

Bitcoin Cash (BCH) price has risen more than 10% in the last 24 hours, surpassing the $10 billion market cap and signaling renewed bullish momentum. The recent surge has brought BCH closer to key resistance levels, indicating the potential for further gains if the uptrend strengthens.

BCH jumped over 20% on Nov. 20, leading the top 100 cryptos, as analysts point to bullish chart patterns hinting at more gains.

As Bitcoin price creates a new all-time high at $97,900, the close curse in Bitcoin Cash is making waves. With a massive surge of 18.29% in the past 24 hours, the BCH price has crossed the $500 barrier.

The crypto market has been creating with optimism hitting new peaks each day. As a result, the market cap of the industry has surged 3.98% in the last 24 hours to $3.19 trillion. The trade volumes also registered a notable spike of 7.19%, with $193.79 billion moved.

For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.

Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."

Maker's exchange reserve and exchange supply ratio hits a yearly high signaling potential correction.

Bitcoin Cash (BCH) developers and community members have been actively voicing their support for two Cash Improvement Proposals (CHIPs) ahead of a November 15 lock-in deadline.

TL;DR Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged from a hard fork of Bitcoin in 2017, aiming to facilitate quicker transactions and reduce fees by utilizing larger block sizes. Predictions for BCH's future price trends vary widely, with forecasts for 2024 suggesting a trading range between $333.01 and $474.

Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.

The DeFi project Sky has retained its new brand identity rather than revert to MakerDAO following a community vote. Polling data revealed that 79.3% of votes supported maintaining the Sky brand as the core protocol name.

THOR Chain's token, RUNE, has captured market attention with a swift 18% rebound following a sharp 33% drop. As volatility in the crypto market remains high, THOR Chain's price movement suggests renewed interest in RUNE, ignite discussions on whether the token can continue its recovery or if further consolidation is on the horizon.

Trader bids are fueling the uptrend, with a 13.67% rise in Open Interest to $120.30 million.

Sky's USDS is now the third-largest stablecoin, replacing the original DAI which held that position for years on the charts.

The Maker price has jumped ~10% over the past day, resulting in this altcoin successfully recording a bullish reversal. Moreover, with the technical sentiments and on-chain data favoring the project, the MKR coin hints at a promising bullish month.

It appeared more likely that RUNE would consolidate, allowing time for short liquidations to build up.

RUNE fell 15% but began recovery, with potential bottom at $4.50.

Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.

RUNE, the native token of the decentralized cross-chain liquidity protocol ThorChain, recently broke out of a falling wedge pattern after trading within it since its year-to-date high of $10.60 on March 13.

Latest updates on the coins BCH, SOL and .

Bitcoin Cash (BCH) is capturing the attention of investors and analysts alike. After experiencing a slight drop recently, BCH remains on a bullish trajectory, with several indicators suggesting that a rally past the $400 mark could be on the horizon.

Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.

Historically, the fourth quarter often brings notable gains for cryptocurrencies, and with November underway, crypto whales are strategically positioning themselves for potential profits.

With this partnership, you can trade your assets without needing a centralized exchange. With THORChain, users can exchange assets across different blockchains right from their Ledger Live Desktop app.

This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.

Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol's governance token as the community prepares to vote on whether to revert its brand or not on Nov. 11.

MKR may finally be ready for a recovery after dancing with the bears since April.

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

Derivatives market data and whale activity suggests that BCH's rally could regain momentum.

Bitcoin Cash (BCH) is making waves in the cryptocurrency market as it approaches a critical descending trendline, hinting at a potential price rally. Recent technical and on-chain indicators provide a bullish outlook for BCH, suggesting that traders should keep a close eye on upcoming price movements.

Maker (MKR) has staged a significant comeback, revitalizing interest and ignite predictions that it could potentially climb as high as $3,000. Given its central role within the decentralized finance (DeFi) ecosystem, Maker (MKR) has captured investor interest, primarily because of the demand for decentralized stablecoins like DAI and the protocol's recent technological strides.

MKR, the governance token of MakerDAO, has witnessed a 10% price uptick over the past 24 hours. It's currently trading at a weekly high of $1,224.

NEAR Protocol was also among the underperformers, falling 2.8%.

Maker has experienced a sustained downtrend over the past month, declining by 32.58%. However, analyst predicts MKR is set for a reversal.

Bitcoin Cash (BCH) is among top gaining coins as top cryptocurrency Bitcoin (BTC) jumps to above $71k. The price of several altcoins have also tracked the BTC upside in the past few days, with Tezos (XTZ) climbing from lows of $0.62.

Bitcoin Cash (BCH) recently experienced a notable surge in mid-October, igniting hopes among its supporters. However, this excitement has not been sustained, leading to questions about the current demand for the cryptocurrency.

The well-known crypto project MakerDAO, after rebranding to Sky, is considering backtracking.

MakerDAO is reconsidering its recent rebrand to Sky following poor SKY token performance and strong community preference for the original Maker brand