BTC On-Chain Analysis: SSR Shows Increased Buying Power for Stablecoins – BeInCrypto

A look at on-chain indicators, more specifically the Stablecoin Supply Ratio (SSR) in order to determine the health of the market for bitcoin (BTC).

Despite the ongoing increase in the price of BTC, SSR has fallen considerably. This indicates that stablecoins have significant buying power.

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MakerDAO April Financial Report: Net Income Crosses $12 Million – BeInCrypto

MakerDAO has released its financial report for April 2021, recording excellent growth between March and April.
Decentralized finance (DeFi) giant, MakerDAO, has released its financial report for April 2021, and the various statistics show strong performance.

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Maker Defies Correction with Help from DAI Demand – BeInCrypto

The native token of DeFi stalwart MakerDAO is defying the crypto market correction as it continues to climb while those around it see red.
MakerDAO’s MKR token has languished behind the rest of the DeFi market for most of 2020 while those around it soared to monumental highs.

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DeFi Stablecoin Liquidity Pool Launched on Shell Protocol – BeInCrypto

Another day brings another new liquidity offering in the world of decentralized finance (DeFi), and today, it comes in the form of a stablecoin pool. However, it’s entering an already crowded market.

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