Decentralized stablecoins could dominate crypto: MakerDAO founder
MakerDAO's Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.
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MakerDAO's Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.
Maker prices are firm and the uptrend is valid. MKR could rise to the $1,400 zone as MakerDAO proceeds with the “Endgame”
MakerDAO's fees reach new heights despite bearish sentiment across crypto markets. However, price action continues to favor the bears.
Key Points: On-chain analyst Yu Jin sounded the alarm bells when a prominent whale abruptly halted their continuous selling of MAGIC, ARB, and RDNT tokens. This unexpected move resulted in a staggering loss of $1.36 million for the investor, making waves in the crypto community.
In a groundbreaking proposal, DAO-focused financial advisory firm Steakhouse, in collaboration with the esteemed research and development company Phoenix Labs, is advocating for the MakerDAO community to consider allocating a substantial sum of up to $100 million from its reserves into the realm of tokenized U.S. Treasury Bill (T-Bill) products. This proposal, currently in its discussion phase, seeks to explore new horizons for MakerDAO, the issuer of the DAI decentralized stablecoin.
Bitcoin price has flatlined, but TON, XLM, XMR and MKR are showing signs of bullish momentum.
In a groundbreaking move that has sent ripples throughout the crypto community, MakerDAO, a prominent decentralized finance (DeFi) platform, has announced a strategic partnership with BlockTower Andromeda. The result?
Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products. The proposal, currently in the discussion phase, aims to explore new avenues for financial innovation within the decentralized finance (DeFi) ecosystem.
MakerDAO's native token MKR was seen struggling as the whales contributed to some selling pressure. However, a slight recovery in the whale holdings could mean something positive for the altcoin.
Steakhouse and Phoenix Labs have proposed that the MakerDAO community consider allocating up to $100 million to tokenized T-Bill products.
Story Highlights The current Price of Maker Dao is . Maker price could possibly surge as high as $1,531.61 by the end of 2023. MKR price with a potential surge could go as high as $4,391.63 by the end of 2030.
MakerDAO adds $50M in RWA assets via BlockTower Andromeda, targets $1.28B investment. $100M funding for tokenized T-Bill products recommended.
Is the current buying pressure around Maker strong enough for MKR to mount a sustained bullish rally?
In the dynamic and ever-evolving world of cryptocurrencies, MakerDAO emerges as a trailblazer with its visionary “Endgame” plan. This groundbreaking strategy aims to usher in a new era of innovation and community-driven growth within the cryptocurrency ecosystem.
MakerDAO's strategic move into Real World Assets (RWAs) could result in a significant revenue boost, with $150 million on the horizon.
Bitcoin's failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up.
In a shocking twist, MakerDAO's intentions to fork Solana for its future appchain migration have ignited a fiery dispute within the Ethereum ecosystem.
Rune Christensen, a founding figure at MakerDAO, has put forth a striking proposal suggesting that the decentralized finance initiatives forthcoming independent blockchain, known as NewChain, should be constructed using Solanas programming framework rather than Ethereums Virtual Machine (EVM). MakerDAO has a history of collaboration with Ethereum.
MakerDAO co-founder proposes a fork of Solana's codebase, while StarkNet wallet Braavos leaks an article on STRK token — check out the latest DeFi news and launches now!
Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market.
Solana's ascent as MakerDAO's NewChain foundation ignites debate while network stability gains the spotlight. SOL may rally, but can it break free from bearish trends?
While MakerDAO's governance token MKR's rally was significant, some voices from the market expressed apprehensions about its sustainability.
Less than a week after Vitalik Buterin, one of the co-founders of Ethereum, sold his Maker (MKR) stash for ETH, one crypto whale has done the opposite. On-chain data on September 4 shows that one Ethereum holder sold 694 ETH, worth roughly $1.13 million when writing, for 1,010 MKR.
Vitalik Buterin sells all of his MKR holdings amidst MakerDAO's new standalone blockchain pivots to Solana.