3 fundamental reasons Bitcoin market bias remains bullish after recent dropBTC $9251 (+0.1%) • ETH $239 (+0.1%) • XRP $0.198 (-0.6%)
The price of Bitcoin (BTC) dropped to as low as $9,110 across major exchanges on July 10. Despite the pullback, key fundamental data points show that market bias remains optimistic. Three fundamental factors pointing toward positive market sentiment are record high hash rate, neutral futures funding rate, and address activity. More news ⏬Crypto industry still wants a 2020 Ethereum 2.0 launch despite skepticism
A big story in the crypto industry over recent days has been the roll-out of Ethereum 2 (a.k.a. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Coinbase CEO explains why they sell blockchain analytics software to the U.S. secret service
Coinbase was in the crosshairs over the weekend after SEC filings revealed the business licensed transactional information software to regulators. Cardano (ADA) is closing in on Bitcoin SV’s status as the sixth-largest crypto
At the peak of the crypto bubble, Cardano (ADA) was the fifth-largest cryptocurrency, believe it or not. Why one data analyst is wary of any imminent Ethereum rally
The significant fundamental growth seen by Ethereum over the past couple of months has led to a torrent of calls from investors regarding an imminent rally. Wrapped Bitcoin will now have a 40% collateral factor on Compound
A proposal by Alameda Research last week to increase the collateral for Wrapped Bitcoin (WBTC) to 40 percent was passed today after a governance poll on Compound Labs. Cosmos (ATOM) surges 68% in 10 days: key factors behind its meteoric rally
The price of ATOM, the native cryptocurrency of the Cosmos blockchain network, surged by 68% in merely ten days. ETH trades 80% below its $1,400 high, but Ethereum metrics are setting records
From a macro perspective, Ethereum has done well over recent months. This NBA player just tweeted about Chainlink’s (LINK) “impressive” 150% rally
It’s been an explosive past few months for Chainlink (LINK). Bitcoin’s correlation with the S&P 500 has an unexpected silver lining
Bitcoin is an uncorrelated asset no longer. 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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segunda-feira, 13 de julho de 2020
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3 fundamental reasons Bitcoin market bias remains bullish after recent drop