Here’s how Bitcoin’s rally past $11,000 has altered its fundamental strengthBTC $11,105 (-1.2%) • ETH $336 (+4.4%) • XRP $0.246 (+0.3%)
Bitcoin’s intense rally past $11,000 this week came about as a surprise to many investors, as the crypto was previously facing historically low volatility as traders shifted their focus to altcoins. The sharp movement that led the benchmark digital asset up to these highs has altered its fundamental strength for the better, with BTC now having greater network health, liquidity, and positive investor sentiment. All these factors – coupled with technical strength – could help to lift it higher in the days and weeks ahead as it continues building momentum. More news ⏬Litecoin may be trying to pump into “deflating fundamentals” as price nears $60
Litecoin is currently caught within a slight uptrend that has allowed it to post some large gains throughout the past few days. 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. Crypto fund behind Chainlink FUD is offering 5 Bitcoin to post bearish positions
A dubious crypto fund, Zeus Capital, is reportedly offering prominent Twitter members up to 5 Bitcoin to post a short-biased price analysis for Chainlink (LINK). Aave introduces new upgrade proposal, plans to migrate LEND to AAVE in 100:1 tokenswap
Decentralized financial platform Aave introduced a new plan today that is an integral part of their push towards a more decentralized governance structure. Bitcoin derivatives data suggests Bitcoin has room to rally after hitting $11.5k
It’s been an explosive past few days for the Bitcoin market. VC: Ethereum has “negative” network effects, needs scaling solutions “NOW”
One of the biggest narratives over recent weeks has been Ethereum’s extremely high transaction fees. Cardano has launched the Shelley mainnet: Here’s what you need to know
Cardano (ADA) has now officially transitioned from the Byron mainnet to the Shelley mainnet via a hard fork. 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
|
