Americans are “pouring” cash, stimulus checks into Bitcoin and goldBTC $11,865 (+1.4%) • ETH $397 (-0.9%) • XRP $0.30 (+1%)
US citizens seemed to be taking a liking to Bitcoin and other cryptocurrencies, two recent reports suggest. Yesterday, US bank JPMorgan said younger investors were “likely to choose Bitcoin” as an investment over gold while a report from last week stated Americans were investing their “excess” cash into cryptocurrencies. Both developments suggest the same outcome: That cryptocurrency adoption and investment are rising in times of economic uncertainty. More news ⏬Fund managers: these 3 catalysts could drive greater adoption of Ethereum DeFi
By most measures, Ethereum’s decentralized finance (DeFi) space is going parabolic. Thanks to our premium sponsors⭐️ CryptoAltum - CryptoAltum is a leading trading platform with a special leaning towards digital assets. Its mission is to make crypto trading easy and accessible to everyone. ⭐️ 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. Bitfinex will begin listing Cardano’s ADA on its spot exchange
Cryptocurrency exchange Bitfinex will begin listing ADA on its spot exchange. YFI is one of the most fairly distributed DeFi tokens on Ethereum: data
A big issue in the cryptocurrency community is the centralization of coins. Band Protocol secures major oracle integration and Coinbase Pro listing
Band Protocol (BAND) has been seeing tremendous growth throughout the past few months, which has been reflected in its soaring price. Crypto lending volumes set record as Ethereum DeFi tokens surge
Crypto lending is back in vogue. Bitcoin CME futures are trading at a $300+ premium; Here’s what this means
Bitcoin’s recent strength has created a sense of “FOMO” amongst investors. 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
|
