Chainlink and Aave hit all-time highs: why are DeFi tokens rallying hard?BTC $35,400 (-5.5%) • ETH $1221 (+0.5%) • DOT $17.21 (+3.6%)
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Chainlink and Aave, two major DeFi-related cryptocurrencies, are surging strongly in tandem with Bitcoin. Aave surpassed $200 for the first time in history, solidifying its position as the fourth-largest DeFi token behind Uniswap (UNI). Chainlink keeps its position as the biggest DeFi token by market capitalization, valued at around $9 billion. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. Trending … 🚜 DeFi Tokens • 🔮 Oracle Tokens • 📈 Biggest Gainers • 💵 Stablecoins More news ⏬Wall Street investor advises more investors to put a few percent into BitcoinA large narrative over the past few months is the introduction of institutional capital to the Bitcoin space. The future of finance: Synthetix just launched staking on Optimistic EthereumCongestion has been a theme for Ethereum over the past few months. Is Bitcoin price manipulation by whales a real thing?The Bitcoin paradox presents something of a predicament. On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for allDemand for Bitcoin increased multifold in 2020. These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% dropBoth Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday. Singapore trading desk explains what is driving the ongoing Bitcoin bull marketBitcoin has undergone an extremely strong rally over recent months, despite the ongoing drop. Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasuryThe official has spearheaded progressive technology regulation for the East coast city. Here’s why these 10 crypto personalities say Bitcoin is the BEST money
The debate on Bitcoin being money or not rages on. The world’s original, and current biggest, cryptocurrency was initially founded in 2009 by its pseudonymous creator Satoshi Nakamoto to replace fiat money, but price gyrations have since made it an asset class akin to “digital” gold. 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 the content within this article.
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