A technical analysis indicator suggests the decentralized finance (DeFi) altcoin Maker (MKR) could be poised for a correction, according to a popular crypto analyst. Trader Ali Martinez tells his 128,100 followers on the social media platform X that MKR's Tom DeMark (TD) sequential indicator flashed a bearish signal on its 12-hour chart.
The entire crypto market has turned bearish, pushing several top cryptos' prices down, including Bitcoin (BCT) and Ethereum (ETH). However, the Bitget Token (BGB) price decoupled from the market as it registered promising gains in the last 24 hours.
Maker (MKR) price rallied over 44% in the past week. The DeFi token holds steady even as large wallet investors and whales holding MKR take profits in the ongoing price surge.
The cryptocurrency market has witnessed significant activity surrounding Maker (MKR), a token that has surged by 50% in recent times. While this price movement has attracted much attention, the involvement of whales—large holders—adds an additional layer of complexity to the market dynamics.
Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.
MKR surged 50%, attracting whale activity as a major holder sold for a $418K profit. With resistance at $1,450, traders await a breakout or potential correction driven by liquidations.
Maker (MKR) price has defied the broader crypto market's recent turbulent action, rallying over 75% in a week. The DeFi cryptocurrency recently witnessed a staggering $156 million token burn, which appears to have fueled a price upswing.
Cryptocurrency prices had a mixed performance this week as investors focused on the recent Federal Reserve minutes and the ongoing Bitcoin consolidation. BTC price remained below $100,000, while the crypto fear and greed index moved to the fear zone. Still, there were some standout coins like Maker (MKR), Pyth Network (PYTH), and Alchemy Pay (ACH).
Maker (MKR) has faced a strong resistance at $1,220 and reclaimed the 20-day EMA after a strong bullish move.
MKR is making a strong comeback after months of decline, thanks to renewed interest from whales and smart money investors. According to crypto.news data, Maker (MKR) jumped 11% to an intraday high of $1,197 on Feb.
While cryptos remain weak amid pessimistic macro developments, Maker (MKR) displayed resilience with substantial price gains over the past week. The altcoin trades at $1,196 after gaining 10% and over 25% in the past day and week. On-chain data indicates continued gains as Maker's record high daily revenue on Feb 10 bolstered the alt's strength.
Maker (MKR) is currently defying broader market trends and showing strong potential for a 50% rally. At a time when many assets are experiencing price corrections, MKR has been making bullish moves, surging over 14% in a 24-hour period.
Kaiko Research decided to revisit its asset liquidity ranking, and the latest release has revealed that very few large-cap tokens have liquidity rankings that closely match their market cap, with notable outliers like LEO and HYPE showing especially misleading liquidity statuses.
Following the recent bullish breakout, Maker could soar by 50% to reach the $1,600 level.
In this bearish market trend, where major assets are struggling to gain momentum, MakerDAO (MKR) has outperformed major cryptocurrencies and defied the market trend. As of today, February 18, 2025, MKR has gained 7% in the past 24 hours, topping the crypto market and showing signs of a potential price rebound.
World Liberty Financial spent millions of USDC on DeFi transactions on Thursday based on Nansen and Lookonchain blockchain analytics data. World Liberty Financial invested $1.4 million USDC in stablecoins to acquire 2.52 million MOVE tokens and spent $5 million USDC to buy 52 wrapped Bitcoin.
WLFI has invested millions in MOVE tokens and wrapped Bitcoin following the launch of its strategic token reserve “Macro Strategy”.
World Liberty Financial spent its USDC holdings to purchase $1.4 million worth of MOVE and $5 million worth of wrapped BTC.
World Liberty Financial (WLFI), a family-run firm associated with Eric Trump, has recently made headlines by transferring significant amounts of digital assets, including Ethereum (ETH) and wrapped Bitcoin (WBTC), to Coinbase Prime. The transaction has raised eyebrows, as it involves over $300 million worth of cryptocurrencies.
World Liberty Financials has defended itself against selling crypto assets, stating its for standard treasury operations.
World Liberty Financial, a decentralised finance (DeFi) project linked to former US President Donald Trump, has moved over $307 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) to Coinbase Prime. The transaction, one of the largest by the project to date, has drawn attention due to its timing and scale.
World Liberty Financial, a decentralized finance (DeFi) project backed by U.S. President Donald Trump, has moved a substantial portion of its cryptocurrency holdings to Coinbase Prime. Blockchain data indicates the transfer involved more than 90% of its multi-asset treasury, including large amounts of Ethereum (ETH) and Wrapped Bitcoin (WBTC), as well as positions in AAVE,
World Liberty has moved over 90% of its multi-asset treasury including its AAVE, ENA and LINK positions, onchain data shows.
According to emails shared with European users, Crypto.com will delist several prominent cryptocurrencies, including Tether's USDT, Wrapped Bitcoin (WBTC), and DAI, by January 31, 2025.
After a recent market crash triggered by the Chinese AI model Deepseek, the crypto market is slowly recovering as Bitcoin price is back to $105K with the overall crypto market seeing a rise of 2%.
Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States' national Bitcoin reserve.
The project now holds $352 million worth of crypto tokens, Arkham shows.
World Liberty Financial's adoption of wBTC over Coinbase's cbBTC drew praise from Justin Sun, who accused the exchange of unreliable custody practices.
Tron founder Justin Sun has shared insights on Donald Trump's DeFi project – World Liberty Financial's – massive investments in Wrapped Bitcoin (WBTC) for building its Bitcoin reserves. Earlier today, the project acquired nearly $10 million worth of WBTC during the price dip.
Trump family-backed WLFI's recent $9.84 million wBTC purchase raises its total crypto holdings to $365 million. World Liberty Financial (WLFI), a crypto project tied to the Trump family, has intensified its aggressive push into digital assets.
The complaint, filed in December 2024, alleged “antitrust injury” from Coinbase over its decision to delist wrapped Bitcoin in favor of promoting its cbBTC product.
Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm's decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global's earlier legal attempt to block the delisting through a court order.
Immediately after Trump's inauguration ceremony, World Liberty Financial spent $110 million in stablecoin to purchase various crypto.
As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO: WBTC). What Happened: In an X post, the decentralized finance platform disclosed buying several cryptocurrencies, including $47 million each in Ethereum and Wrapped Bitcoin, a converted version of Bitcoin that can be used on Ethereum's blockchain.
World Liberty Financial, the Trump-backed DeFi protocol, is swapping stablecoins for wrapped bitcoin (WBTC) and Ethereum's native token ether, onchain data shows. The project is also apparently loading up on Chainlink's LINK, Ethena's ENA and TRON's TRX tokens.
World Liberty Financial has ramped up its investment activity, spending $109.1 million across six cryptocurrencies in a single day. The fund allocated $47 million within the past hour to acquire 7,022 ETH worth $23.5 million, 174.1 WBTC for $18.8 million, and 5.037 million ENA tokens valued at $4.7 million.
The buying frenzy came after WLFI token sales picked up ahead of Donald Trump's inauguration.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
Maker Dao, the decentralized finance (DeFi) platform known for its native token MKR, has been an essential player in the cryptocurrency ecosystem. Recently, the token experienced significant fluctuations, dipping below $2,000 after reaching an all-time high of over $6,300 in May 2021.
A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.
Ripple's RLUSD appears set to take on industry leaders in the stablecoin space. Since its official launch on Dec. 17, 2024, RLUSD has gained traction among cryptocurrency traders.
TL;DR Ethena surpasses DAI and reaches a $6 billion market capitalization with its stablecoin USDe, standing out in the sector. The integration of sUSDe into Aave drives over $1 billion in inflows in just a few weeks, attracting large investors. Ethena launches USDtb, a stablecoin backed by U.S.
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Former MakerDAO team member Sean Brennan has been appointed to lead BioDAO's AI agent business.
MakerDAO's December achievements include a record $1.67 million in single-day fees, helping push earnings to an unprecedented $40.86 million.
Amid the declining market demand for MKR tokens, the growing user base over the MakerDAO network hints at a potential recovery in 2025.
Maker's demand zone lies at the $1,440-$1,480 price levels, where 2,530 addresses purchased the token.
MakerDAO recorded an all-time high in fees and revenue this month, as per DeFiLlama. The DeFi protocol hit day-highs of $1.67 million in fees and $1.18 million in revenue on December 9.