If Bitcoin follows the path it set during the 2016 halving, it’ll reach $286,000 by OctoberBTC $40,488 (-1%) • ETH $1293 (+5.4%) • LTC $180 (+4%)
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Bitcoin has exploded over 100 percent higher over the past four weeks, moving from $20,000 to highs around $42,000. While the cryptocurrency is facing an ongoing retracement, analysts are confident that it is still on a path of growth on a macro scale. According to Ecoinometrics, a cryptocurrency data outlet, Bitcoin is likely to rally hundreds of percent if it follows the same path it set after the previous halving. 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 ⏬Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020If you’ve been on Crypto Twitter any time over the past year, you’ve likely seen much discussion about Bitfinex’s Ethereum market. Bitcoin is now worth half of all silver in the worldWith a market cap of almost $780 billion, Bitcoin is currently worth half of all the silver that has ever been mined. Polkadot becomes first blockchain platform to rebrand through a bounty programBlockchain platform Polkadot announced that it has hired leading design agency Koto to give the blockchain platform a complete design revamp. Cardano becomes the most decentralized network on the market with majority of ADA supply stakedWith more than 69 percent of its total circulating supply now staked, Cardano has surpassed Polkadot as the most decentralized network in the world. Macro investor says Ethereum price growth looks similar to Bitcoin’s in 2016-2017Ethereum has undergone a remarkable rally over the past seven days. Algorand (ALGO) eyes $100 billion use case with new partnershipA new partnership sees the Algorand blockchain being deployed for a large institutional client. Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people)
The DeFi market has boomed in 2020, attracting billions of dollars across use cases like lending, derivatives, decentralized exchanges, and others. 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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