Bitcoin derivatives data shows the institutional “herd” is finally here: fund managerBTC $11,763 (-2.5%) • ETH $408 (-6.4%) • XRP $0.29 (-6.6%)
In 2017 and 2018, Bitcoin proponents coined the term “the institutional herd” to describe the flood of Wall Street investors and companies that were then expected to grace the cryptocurrency market. That “herd,” at least in 2017 and 2018, never arrived. Most executives and analysts in the space say that back then, most price action was driven by retail investors — individuals like you or myself, not the billionaires of the world. This, though, has rapidly changed. Derivatives data now shows that an increasing number of institutional investors are investing in the Bitcoin space. And chances are, this trend of institutions entering crypto is set to continue well into the future. 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins More news ⏬Investors pour in $400 million into YAM, a “dead” Ethereum DeFi project
Investors of Yam Finance, the yield farming project represented by a vegetable emoji that locked $750 million in investor funds last week before imploding, are not done with its world-changing promise yet, data shows. 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. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Bitcoin volatility is back: Trading tools can protect both traders and the stability of the industry
After months of bitcoin experiencing surprising stability, its volatility is back. Tron is attempting to replicate the success of Ethereum’s Uniswap with “JustSwap”
Regular visitors to Crypto Twitter likely know of the image seen below. Yearn.finance community looks to split YFI token as price rockets past $10,000
Over the past few weeks, Yearn.finance community members have been driven by a goal of YFI’s price reaching parity with that of Bitcoin. Ethereum fees rocket to new all-time highs as DeFi sector extends momentum
Ethereum fees have seen unprecedented growth in recent weeks, which has been driven by rocketing demand for block space on the network. 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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