Maker

Bullish or bearish? Maker could see these levels in the coming week

Bullish or bearish? Maker could see these levels in the coming week

Since its ATH in may last year, Maker (MKR) has been on a persistent decline. On its daily chart, the alt witnessed an 11-month trendline resistance that served as a strong selling point to date. From here on, MKR would likely continue its patterned oscillation and eye to retest its trendline resistance before falling towards …

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Publicly-listed beauty apps maker Meitu buys $40 million in BTC, ETH

Publicly-listed beauty apps maker Meitu buys $40 million in BTC, ETH

Meitu, a Chinese photo retouching app listed in Hong Kong, has announced it purchased $40 million worth-of bitcoin and ethereum. The firm said in disclosure Sunday on the Hong Kong Stock Exchange that it has bought 15,000 units of ETH and 379.12 units of BTC in open market transactions at an average cost of $22.1 …

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Bitstamp to halt trading of XRP for US customers

Crypto market maker B2C2 halts XRP trading with US counterparties

In the wake of the Securities and Exchange Commission’s lawsuit against Ripple, crypto market-making firm B2C2 halted the trading of XRP with U.S.-based counterparties on Thursday, a representative of the firm confirmed to The Block.  As one of the largest market-making firms in the crypto market, B2C2 operates in the U.S. through B2C2 USA. The …

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Bitcoin SV, Maker, Ethereum Classic Price Analysis: 29 November

Bitcoin SV, Maker, Ethereum Classic Price Analysis: 29 November

Ethereum appeared to form a strong region of demand around the $500-zone, a bullish development for the crypto’s long-term outlook. In fact, ETH has been climbing steadily over the past few days, something that could be bullish for a part of the altcoin market. And yet, taken individually, some of these coins had a short-term …

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More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

The amount of available DAI — the stablecoin tied to the Ethereum-based lending protocol Maker — has surpassed $1 billion, according to available data. DaiStats reports that a total of 1,001,031,052.54 DAI has now been issued. DAI is created when collateral, such as ETH, is locked into a smart contract called a Vault. That DAI …

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Bitcoin SV, Zcash, Maker Price Analysis: 17 October

Bitcoin SV, Zcash, Maker Price Analysis: 17 October

Zcash and Maker although still not bullish enough, were definitely displaying signs of short-term positive price reversals, as the selling pressures for the two digital assets continued to weaken. Bitcoin SV however, seen making a bearish breakout below its trendline, could witness a few more bearish sessions, as the bulls were yet to solidify a …

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Lightspeed Venture Partners backs crypto market maker Wintermute in $2.8 million fundraise

Lightspeed Venture Partners backs crypto market maker Wintermute in $2.8 million fundraise

A trading firm sitting behind both the centralized and decentralized cryptocurrency worlds has scored $2.8 million in a Series A funding round led by Lightspeed Venture Partners.  Wintermute, a London-based market maker in the digital asset space, announced Tuesday the close of the multi-million dollar raise exclusively to The Block, noting that the fresh capital …

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Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving

Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November.  The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of the trading session Monday, …

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