Here’s who bought $67 billion worth of Bitcoin, crypto in America in 2020BTC $11,376 (+2.3%) • ETH $344 (+2.8%) • XRP $0.253 (+2.9%)
Bitcoin, and the crypto market, have finally blossomed after a long two-year-wait. The pioneer cryptocurrency broke its $11,000 resistance earlier this week, spurring double-digit gains across a broader set of altcoins. Firms like Coin Metrics, a crypto markets data and investment provider, say that if these growth rates are maintained, Bitcoin’s current daily volume would need “fewer than 4 years of growth to exceed the daily volume of all US equities and fewer than 5 years to exceed the daily volume of all US bonds.” But who’s buying billions of dollars worth of cryptocurrencies anyway? A recent survey has the answer. More news ⏬Despite pullback, top Ethereum token Synthetix (SNX) is seeing “heavy accumulation”
Before the craziness of yearn.finance (YFI) and Ampleforth (AMPL), the hottest token in decentralized finance was arguably Synthetix Network Token. PR: Next generation peer-to-peer trading platform, CryptoLocally, now supports ETH, USDT (ERC-20), and DAICryptoLocally, a next-generation peer-to-peer (P2P) trading platform, has recently announced the support for Ethereum-based tokens. Learn more 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. Chainlink (LINK) oracles are now powering dApps on NEAR Protocol
Chainlink’s decentralized oracles have launched on NEAR Protocol, a sharded, developer-friendly, proof-of-stake public blockchain that’s going head to head with Ethereum. Devs are trying to copy the Ethereum DeFi token that rallied 100,000% in a week
If you’ve been following Ethereum, decentralized finance, or crypto in general over the past week, you likely know of the native coin of yearn.finance, YFI. Ampleforth (AMPL) succeeding will be “unbelievably bullish” for Ethereum
One of the biggest trends in Ethereum and decentralized finance (DeFi) over the past few weeks has been Ampleforth. Why one VC expects Ethereum to continue gaining value against BTC in coming years
Ethereum has gained some notable ground against Bitcoin since the start of the year, which is reflected in the cryptocurrency’s BTC trading pair’s value. 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. 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
|
