Maker Price Heats Up, Soars 12% In A Week — Is $1,850 The Next Stop?

The cryptocurrency market has been on a red-hot streak in the past week, with most large-cap assets posting significant gains. The Maker (MKR) token is another one of the assets enjoying a positive week, with the DeFi (decentralized finance) coin recording a 12% price increase in the last seven days. Analyst Forecasts $1,850 Target For… Continue reading Maker Price Heats Up, Soars 12% In A Week — Is $1,850 The Next Stop?

MakerDAO Rebrands As ‘Sky’: Two New Tokens To Be Launched On Sept 18

In a move to bolster the usage and adoption of its decentralized finance (DeFi) lending platform, MakerDAO is undergoing a significant rebranding. The lending protocol, founded by Rune Christensen in 2014, will now be known as ‘Sky’, a shift aimed at appealing to a wider user base. MakerDAO Reinvents Itself As ‘Sky’ MakerDAO was one… Continue reading MakerDAO Rebrands As ‘Sky’: Two New Tokens To Be Launched On Sept 18

MKR Jumps 5% As Grayscale Adds MakerDAO To Its Crypto Fund Lineup

To further diversify its crypto investment portfolio, asset manager and ETF issuer Grayscale has unveiled the launch of the Grayscale MakerDAO Trust. This latest addition to Grayscale’s product suite allows investors to gain exposure to MKR, the utility and governance token underpinning the Ethereum-based MakerDAO ecosystem. Grayscale Expands Crypto Portfolio MakerDAO is an autonomous organization… Continue reading MKR Jumps 5% As Grayscale Adds MakerDAO To Its Crypto Fund Lineup

Whale Deposits $21 Million In DeFi Tokens To Binance, Was It Justin Sun?

In the early hours of Monday, a dormant whale moved $21 million worth of 4 DeFi tokens to the crypto exchange Binance. The news received mixed reactions from the community, which worries about an incoming dump amid the recent retrace of the crypto market. Whale Deposits $21 Million In DeFi Tokens To Binance On Monday,… Continue reading Whale Deposits $21 Million In DeFi Tokens To Binance, Was It Justin Sun?

Maker Metrics Under The Microscope: Clues To MKR’s Price Path Ahead

Amidst the crypto market resurgence, the smart contract platform Maker and its native token MKR have experienced a challenging period, with MKR demonstrating a consistent downtrend after reaching a yearly high of $4,070 in April, plummeting to as low as $2,440 just one week later.  Dive into the protocol’s key metrics and observe notable levels… Continue reading Maker Metrics Under The Microscope: Clues To MKR’s Price Path Ahead