Data: Institutions are now more involved with Bitcoin than ever beforeBTC $11,220 (+2.2%) • ETH $321 (+1%) • XRP $0.247 (+6.7%)
Bitcoin’s price has been caught within a strong uptrend throughout the past week. It appears that the fundamental strength the crypto has established over the past few months is starting to be reflected in its price. Its latest push higher comes about against an unprecedented backdrop of loose fiscal policies from governments across the globe, as well as strong uptrends seen across multiple markets – including equities and commodities. Bitcoin – like gold – has many of the hallmark traits of being a “hard asset” and as such, investors appear to be adding exposure to it as the global economy enters uncharted waters. Data shows that institutions, in particular, are becoming increasingly involved with the crypto markets, as trading activity on the CME has reached levels never seen before. More news ⏬Strong on-chain metrics open the road for Cardano (ADA) to jump after Shelley
The Shelley hard fork of Cardano (ADA) set to happen later today could send the price of ADA spiraling upwards. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Litecoin (LTC) leads large-cap gains as Bitcoin breaks $11,000
Litecoin — long heralded as the “digital silver” to Bitcoin — led gains in border crypto market this week as the DeFi boom, poor economic outlook in traditional markets, and the rise of gold sparked somewhat of a crypto run. The entire DeFi market is worth less than XRP or Bitcoin Cash, despite the frenzy
The DeFi market has exploded in recent times, bringing back ICO-like returns on some projects. Ethereum’s ETH 2.0 validator “launchpad” is live, here’s how to run it
Ethereum’s much-awaited validator testnet was launched yesterday, as per a release on the site’s official blog. Chainlink’s (LINK) newest partnership is bringing crypto adoption to mainstream gamers
Blockchain platform GamerHash said it is integrating Chainlink data feeds for fair pricing, according to a partnership announced Tuesday. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
If you liked this post from CryptoSlate, why not share it? © 2020 Zenzio Incorporated Unsubscribe
|
