XCN, MKR, CSPR, BNX and QNT Start to Dump After Loss of Support

BeInCrypto takes a look at the five projects that dumped the most last week in the crypto market, more specifically, from Oct. 14 to Oct. 21. The post XCN, MKR, CSPR, BNX and QNT Start to Dump After Loss of Support appeared first on BeInCrypto.

Timeline of Casper, Maker, Quant, Chain

The top US crypto exchange Coinbase is partnering with MakerDAO in a custody deal nearly doubling the exchange's US Dollar Coin (USDC) holdings. Under the agreement, MakerDAO, the decentralized autonomous organization (DAO) behind the stablecoin DAI, will deposit up to $1.6 billion of its USDC holdings with Coinbase Prime.

A proposal to deposit up to $1.6 billion in USD Coin (USDC) with Coinbase Prime, where it will earn 1.5%, has been authorized by the MakerDAO community. After Coinbase Institutional presented the proposal on 6 September, it was approved with 75% of the votes on 24 October.

MakerDAO (MKR) members voted in favor of founder Rune Christensen's "Endgame Plan" by an overwhelming majority of 80%. The post MakerDAO ‘Endgame Plan' Passed in a Vote Where Founder Had 60% Influence appeared first on BeInCrypto.

MakerDAO's (MKR) Endgame proposal was overwhelmingly passed by the community, with around 80% of the votes in support. The post MakerDAO MKR community approves ‘endgame' proposal appeared first on CryptoSlate.

MakerDAO, the community behind the DAI (CRYPTO: DAI) stablecoin, just passed two Maker Improvement Proposals, MIP 81 and MIP 82. What Happened: The MIP 81 will send $1.6 billion worth of MakerDAO's USDC to Coinbase Global Inc (NASDAQ: COIN), for its institutional rewards pilot program.

The MakerDAO community has approved a proposal that will see the crypto protocol custody as much as $1.6 billion USD Coin (USDC) with cryptocurrency exchange Coinbase. The USDC will be held via Coinbase's institutional custody platform Coinbase Prime, and offer a yield of 1.

The MakerDAO community has approved a proposal by Coinbase to custody up to $1.6 billion USDC with the Prime reward program. The post Coinbase to custody up to $1.6B USDC for MakerDAO appeared first on CryptoSlate.

The MakerDAO community ratified proposals to custody $1.6 billion USDC with Coinbase and lend the exchange $500 million additional USDC. The post MakerDAO moves ahead with $1.6 billion in Coinbase custody appeared first on The Block.

Quant [QNT] ended a streak of three consecutive declines on 21 October, as prices rebounded following recent losses. The flagship crypto remained strong despite rejection from a high of $220 as the price held above the key support area.

CSPR's price struggles to hold above key support as the price needs to hold above $0.041 to maintain its bullish run.  CSPR continues to struggle as a hidden bearish divergence appears in the four-hourly timeframe suggesting a change in trend could be imminent.