Data: Institutions are now more involved with Bitcoin than ever beforeBTC $11,220 (+2.2%) • ETH $321 (+1%) • XRP $0.247 (+6.7%)
Bitcoin’s price has been caught within a strong uptrend throughout the past week. It appears that the fundamental strength the crypto has established over the past few months is starting to be reflected in its price. Its latest push higher comes about against an unprecedented backdrop of loose fiscal policies from governments across the globe, as well as strong uptrends seen across multiple markets – including equities and commodities. Bitcoin – like gold – has many of the hallmark traits of being a “hard asset” and as such, investors appear to be adding exposure to it as the global economy enters uncharted waters. Data shows that institutions, in particular, are becoming increasingly involved with the crypto markets, as trading activity on the CME has reached levels never seen before. More news ⏬Strong on-chain metrics open the road for Cardano (ADA) to jump after ShelleyThe Shelley hard fork of Cardano (ADA) set to happen later today could send the price of ADA spiraling upwards. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Litecoin (LTC) leads large-cap gains as Bitcoin breaks $11,000Litecoin — long heralded as the “digital silver” to Bitcoin — led gains in border crypto market this week as the DeFi boom, poor economic outlook in traditional markets, and the rise of gold sparked somewhat of a crypto run. The entire DeFi market is worth less than XRP or Bitcoin Cash, despite the frenzyThe DeFi market has exploded in recent times, bringing back ICO-like returns on some projects. Ethereum’s ETH 2.0 validator “launchpad” is live, here’s how to run itEthereum’s much-awaited validator testnet was launched yesterday, as per a release on the site’s official blog. Chainlink’s (LINK) newest partnership is bringing crypto adoption to mainstream gamersBlockchain platform GamerHash said it is integrating Chainlink data feeds for fair pricing, according to a partnership announced Tuesday. 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. If you liked this post from CryptoSlate, why not share it? |
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BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe
ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070
LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
quarta-feira, 29 de julho de 2020
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Donations
BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe
ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070
LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
Data: Institutions are now more involved with Bitcoin than ever before