External forces are stopping Bitcoin from rallying despite on-chain strengthBTC $9256 (+0.1%) • ETH $241 (+0.7%) • XRP $0.20 (-0.1%)
Bitcoin has been flashing signs of intense fundamental strength throughout the past several weeks and months, with the turbulent price action seen throughout the first half of 2020 doing little to hamper this strength. The cryptocurrency’s slow transition into the bull regime of one on-chain indicator reveals this, showing that the benchmark cryptocurrency’s network health, liquidity, and investor sentiment have all been seeing positive growth. Although BTC’s price action typically tracks its fundamental growth, it now appears that “external forces” could be halting any potential uptrend. More news ⏬Chainlink’s competitor, BAND Protocol, is up 100% in the past week
Chainlink (LINK) has been on an absolute tear over the past few weeks and months. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Strong fundamentals mean Cardano (ADA) could keep up with its July rally
Cardano, now the sixth-largest cryptocurrency by market cap, could see its current upward momentum last for quite a while without seeing any major consolidation. Bitcoin mining difficulty reaches historic highs—and analysts say it’s bullish
Bitcoin’s mining difficulty saw a 10 percent upward adjustment today, causing hash rates to reach a historic all-time high of 17 trillion. Crypto lending 101: Everything you need to know about managing risk
Cryptocurrency lending is the next big thing in the industry, rivaling the 2017 ICO boom in popularity. The surprising reason why Ethereum could determine Cardano’s next price trend
Cardano (ADA) has been trading alongside some of the best performing digital assets throughout the past quarter, posting intense gains fueled by positive news regarding the roll-out of the Shelley mainnet upgrade. Major developments are happening at Chainlink as LINK reaches all-time high
Chainlink (LINK) has seen a huge influx of new money lately, with its native cryptocurrency LINK reaching an all-time high of $8.23. Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail
Two Nigerian scammers were held last week after hatching an elaborate fraud to steal “$435 million around the world” using illicit emails, luxury brand showoffs, and Bitcoin. 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.
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