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A leading crypto analytics firm says three altcoins could be on the verge of short-term price bounces, starting with Binance Coin (BNB). BNB is in its fifth consecutive week of having a higher volume of transactions at a loss compared to transactions in profit. That metric indicates BNB has a higher likelihood of a short-term […] The post Binance Coin (BNB) and These Two Altcoins Are Flashing Short-Term Bullish Signals: Analytics Firm appeared first on The Daily Hodl.

With the claims of building the world's first unbiased currency and leading decentralized stablecoin, DAI, MakerDAO is a decentralized organization built on the Ethereum blockchain providing liquidity to its users. Recent data from DefiLlama showed that, with a total of $9.91b, MakerDAO is now the first in the ranking of decentralized applications in terms of […]

MakerDAO (MKR) total value locked (TVL) fell sharply to new lows in the last week of May due to decreased investor interest in decentralized finance (DeFi).  The post MakerDAO Back on Top Despite Dropping $8 Billion in Total Value Locked (TVL) appeared first on BeInCrypto.

Following the crash of Terra's algorithmic stablecoin UST, what—if any—regulation should be in place to prevent a similar disaster in the future? MakerDAO Founder Rune Christensen shares his take on the need to regulate algorithmic stablecoins and why they need to be collateralized to work.

MakerDAO Founder Rune Christensen joins "First Mover" to share his take on the fallout of TerraUSD (UST) and how DAI is different from other stablecoins. 21Shares Co-founder Ophelia Snyder explains how her firm's two crypto index funds could provide benefits for U.S. customers in a volatile market.

Maker (MKR) has surged nearly 50% in value over the past week, following the collapse of algorithmic stablecoin TerraUSD (UST). The post Maker (MKR) Surges Following TerraUSD (UST) Collapse, Boon for DAI appeared first on BeInCrypto.

One decentralized finance (DeFi) altcoin is dramatically outperforming the vast majority of the crypto markets amid a major market correction. Maker (MKR), the 52nd-ranked crypto asset by market cap, is up more than 28.5% in the past seven days, trading for $1,570 at time of writing. MKR is the governance token that supports DAI, a […] The post Ethereum-Based Altcoin Soars 28% In Just One Week As Crypto Whales Dive In: Santiment appeared first on The Daily Hodl.

The MKR crypto is coming into the spotlight with its 30% gains on the week. The token is far and away the best-performing asset right now.

Beefy.Finance BIFI/USD, Maker MKR/USD, and Liquity LQTY/USD are tokens with huge potential for growth. Beefy Finance added vaults and stablecoin liquidity pools. Specifically, it introduced a quad-stablecoin liquidity pool composed of USDD/BUSD/USDT/USDC, integration with the Oasis Network, and 12 new vaults.  According to data by Santiment feed, on May 14, 2022, Maker (MKR) saw major […] The post Top DeFi tokens not to miss on May 17 appeared first on Invezz.

MakerDAO returned to prominence after Terra's UST collapse forced investors to search for a truly “stable” dollar pegged asset.

Although the worldwide cryptocurrency market capitalisation recently dropped to $1.28 trillion, it has regained about 3% in the last 24 hours. As new breakthroughs such [.

Maker's MKR has risen by over 61 percent, according to Santiment feed, as the overall crypto market dips further. Sentiment on Twitter reported that the significant hike could be attributed to a recent spike in whale transactions propelling the asset…

Maker, which spiked by around 100% at some point, also reports increased whale activity

By now, any investor who follows crypto knows the market crashed and burned this week. Both Bitcoin and altcoins suffered immensely following headwinds (Rising inflation, interest rate hikes, and geopolitical instability).

On ‘Friday the 13th', the crypto market was slowly recovering from its scare the previous day, when Bitcoin slipped below $27,000. At press time, though, most of the top 100 coins and tokens were still in the red.

Amid Terra's collapse, investors have flocked back to Maker's native governance token and the DeFi protocol's native stablecoin DAI.

Maker crypto prices saw a steep upswing in the wake of Terra's price meltdown, as investors seek out new stablecoin plays.

Its top rival may not be around much longer.

Due to a sudden price drop of its competitor Terra(LUNA), the MKR/USDT pair has witnessed a significant inflow as investors are safer with DAI stablecoin. As a result, the altcoin nearly jumped 80% on its intraday level and reached a high of around $2300.

Maker (MKR) is governance token of MakerDAO and Maker Protocol

Maker's (MKR) price has jumped nearly 50% in the last few hours on speculation over replacing Terra's dominance in DeFi. The DeFi token behind the DAI stablecoin seems to be benefitting from the fall of its competitor Terra's UST.

Bitcoin price settled above the USD 31,500 level. However, BTC is still facing a strong resistance above USD 32,000 and near USD 32,500. It is currently (11:48 UTC) consolidating near USD 31,600 and is almost unchanged in a day and down 16% in a week.

Could the carnage be coming to an end for these high-growth cryptos?

Elrond EGLD/USD, Maker MKR/USD, and FTX Token FTT/USD are all solid tokens that have seen recent increases in their value, even despite the broader market dip. This makes them solid tokens to buy throughout this dip, and we are going to go over each token individually to see why this is the case. On May […] The post Best tokens to buy during the May dip appeared first on Invezz.