MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts, multiple stablecoins lost their peg and the demise of one of the top decentralized finance (DeFi) platforms sparked…
Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB The selling in Bitcoin (BTC) is showing no sign of abating and Bitcoin has fallen for seven straight weeks for the first time ever. This indicates that the momentum remains strongly in favor of the bears. While the short-term sentiment remains bearish,…
© Reuters. By Geoffrey Smith Investing.com — Wheat prices shoot to a two-month high after India bans exports, stoking fears of a global food shortage. JetBlue goes hostile in its bid for Spirit. Stocks are set to open lower as fears of low growth and high inflation persist. Vladimir Putin’s efforts to stop NATO expansion…
Maker (MKR): Price Updates, Recent Developments, Future Events, Community Maker (MKR) is the native token of MakerDAO’s Dai, a decentralized stablecoin using a unique ‘Maker Collateral Vault’ system. In pushing to be used to finance off-chain business activities, Maker vaults were used to finance a shipment of Australian beef to Hong Kong. For the transaction,…
Price analysis 5/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB Bitcoin (BTC) rebounded sharply after dropping near its realized price of $24,000 on May 12, suggesting some bulls went against the herd and bought the dip. According to on-chain analytics platform CryptoQuant, the exchange balances declined by more than 24,335 Bitcoin on…
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