Keep up with what's happening in the crypto world in real-time.
All Filters (1)
In anticipation of the announcements made by the Ethereum-based Decentralized Finance (DeFi) lending platform team, the price of Maker (MKR) has experienced a remarkable surge of over 12% within hours. Now, what do these developments entail, and how will they impact the future of Maker?
Decentralized lending protocol Maker (MKR) is stirring a very impressive run on the market today after its emphatic 14% surge in the past 24 hours. Per its current performance, the token is changing hands at a price of $1,178.02, placing it as one of the best altcoins in today's secondary marketplaces.
In the dynamic realm of cryptocurrencies, MKR has firmly seized the spotlight with its remarkable price dynamics. Over the course of the last 24 hours, this digital asset has orchestrated a notable ascent of 3.4%, soaring to an impressive spot price of $1,064.
In a sea of losses, MakerDAO and Uniswap shine bright. Their resilient holders defy trends, showcasing DeFi's potential amidst market turmoil.
Because of the default on the tokenized loan from Centrifuge, an investment of $1.84 million on MakerDAO is at risk.
DeFi giant MakerDAO has lent $1.8 million of DAI stablecoin to the tokenized credit pool under distress.
In a significant turn of events, MakerDAO's DAI stablecoin has staged an impressive comeback, recapturing the market's attention and surging past the $5 billion market capitalization threshold. This resurgence comes as a result of a strategic decision to enhance reward rates for DAI holders, setting off a ripple effect across the decentralized finance (DeFi) landscape.
In a bold and strategic move aimed at fortifying its financial portfolio, MakerDAO has unveiled an ambitious initiative centered around diversifying its investment landscape. The organization's proactive efforts are laser-focused on acquiring promising short-term Treasury bonds, a strategic maneuver that underscores its unwavering commitment to both fortifying financial stability and harnessing untapped growth opportunities.
MakerDAO's latest transaction has propelled its Real World Assets (RWA) holdings by an impressive $50 million within a mere 24 hours.
In a significant development that has sent shockwaves through the cryptocurrency landscape, a high-value transaction involving the movement of a substantial amount of MKR tokens has captured the attention of both investors and enthusiasts. This intricate maneuver, which saw the transfer of an impressive 1,736 MKR tokens, equivalent to a staggering $1.89 million, stands as a testament to the dynamic and rapidly evolving nature of cryptocurrency transactions.
The massive whale with the address 0x828 has orchestrated a substantial move by completing an MKR (Maker) transaction.
Since Maker lowered it from 8% to 5%, whales have been withdrawing their assets from the DSR pool.
In an astonishing twist of events, MakerDAO, a prominent player in the decentralized finance (DeFi) arena, has found itself at a crucial juncture due to unanticipated shifts in profit projections. This development has ignited discussions about the platform's future trajectory and its integral role in the decentralized financial landscape.
A startling reversal in profit expectations has hit the MakerDAO community, as projections for the next 12 months have plummeted from an anticipated $80 million to less than $2 million.
MakerDAO administrative portal has sprung to life with a sequence of pivotal decisions underway.
The Spark protocol just reached its debt ceiling as per MakerDAO's latest announcement. The announcement came just 8 days after increasing the debt ceiling.
Maker Protocol just hitted a revenue hight of $165 million and its stablecoin DAI has a market capitalizarion of over $5.57 billion. Here's what is happening.
MakerDAO's DAI surges with a $1 billion supply increase, propelled by a strategic Dai Savings Rate adjustment, solidifying its position in the DeFi realm
MakerDAO founder Rune Christensen joins "First Mover" to discuss the main issues surrounding coordination within DAOs and his "Endgame" plan to "decentralize the broken financial system & replace it with a system that benefits everyone." Plus, insights on MakerDAO paving the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital.
On-chain data shows large Maker holders have accumulated recently, a sign that the rally could extend soon. Maker Large Holders Have Continued To Expand Their Holdings Recently According to data from the market intelligence platform IntoTheBlock, inflows to the wallets of the large MKR investors have been taking place for a while now.
Maker protocol's governance move to increase DAI returns and increasing U.S. Treasury yields are boosting the protocol's revenue.
SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range.
In the fast-paced world of cryptocurrencies, MakerDAO's decentralized stablecoin DAI has recently captured significant attention due to its remarkable surge in market capitalization. Within the span of just seven days, DAI's market cap surged by nearly $1 billion, a testament to the DeFi protocol's strategic moves to enhance its interest rate structure, aimed at attracting a larger user base and fostering broader adoption.
By effectively controlling the supply and demand dynamics of stablecoin DAI, MakerDAO has attracted users back towards its fold.
