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DeFi market, Ethereum & Zcash, Bitfinex & Tether News

The market is bid, albeit modestly so in early trade but the upside remains elusive as ever, with plenty of resistance seen for the majors ahead of key technical levels. Interestingly, there is plenty of action surrounding the fast-growing DeFi market. Maker (MKR) rallied over 5% to its highest price since late September in reaction to the announcement that Multi-Collateral Dai (MCD) will be ready to launch on Nov. 18, according to Rune Christensen, CEO of the Maker Foundation. Christensen announced the news at the DevCon 5 conference in Osaka, Japan, adding that MCD will bring additional CDP (collateralized debt position) types as well as new features such as Dai Savings Rate (DSR), which will allow users to earn on their Dai holdings. Maker (MKR) token holders will soon be able to…

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