Market data indicates OKEx whales are expecting Bitcoin to spike past $14kBTC $13,625 (+4.6%) • ETH $404 (+2.9%) • XRP $0.25 (+1%)
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Bitcoin is spiking higher once again as buyers continue to rush in. According to CryptoSlate market data, the price of Bitcoin currently trades for $13,680, its highest price this year, and a price just shy of 2019’s high at $14,000. Analysts are optimistic that Bitcoin will continue its rapid ascent in the near future due to underlying market trends that are forming. For one, a leading crypto-asset analyst noted that order books show there is little limit order resistance past $14,000. 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins Featured videoPrimitive Ventures partner Dovey Wan on Bitcoin, DeFi, and the rise of the digital Yuan
Primitive Ventures partner Dovey Wan discussed the big three narratives in the crypto space — Bitcoin, Ethereum and DeFi, and state-backed stablecoins like the digital Yuan — in a virtual fireside chat at last week’s BlockDown 3.0. More news ⏬Bitcoin allure has darknet markets jumping to record highs (and scams)Darknet marketplaces and their operators have been the focus of authorities since the last decade. Newfangled Ethereum DeFi coin surges 600% in 24 hours after listingDespite the stagnation in the altcoin market, evidenced by Bitcoin outperforming Ethereum in its latest leg higher, investors are still throwing millions at new investments. Analyst says retail investors entering Bitcoin market will push prices to $20kAnalysts have argued that much of Bitcoin’s recent upward price action is a byproduct of institutional players entering the fray. Why major Bitcoin futures exchange Bybit is integrating Chainlink price feedBybit, the top six Bitcoin futures exchange by open interest and daily volume, is integrating the price feeds of Chainlink (LINK). From less cash to cashless: What lies on the road ahead?Social distancing regulations and the fear of microbes-ridden surfaces have pushed physical shopping and transactions in cash to the backseat. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com 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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