Americans are “pouring” cash, stimulus checks into Bitcoin and goldBTC $11,865 (+1.4%) • ETH $397 (-0.9%) • XRP $0.30 (+1%)
US citizens seemed to be taking a liking to Bitcoin and other cryptocurrencies, two recent reports suggest. Yesterday, US bank JPMorgan said younger investors were “likely to choose Bitcoin” as an investment over gold while a report from last week stated Americans were investing their “excess” cash into cryptocurrencies. Both developments suggest the same outcome: That cryptocurrency adoption and investment are rising in times of economic uncertainty. More news ⏬Fund managers: these 3 catalysts could drive greater adoption of Ethereum DeFiBy most measures, Ethereum’s decentralized finance (DeFi) space is going parabolic. Thanks to our premium sponsors⭐️ CryptoAltum - CryptoAltum is a leading trading platform with a special leaning towards digital assets. Its mission is to make crypto trading easy and accessible to everyone. ⭐️ 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. Bitfinex will begin listing Cardano’s ADA on its spot exchangeCryptocurrency exchange Bitfinex will begin listing ADA on its spot exchange. YFI is one of the most fairly distributed DeFi tokens on Ethereum: dataA big issue in the cryptocurrency community is the centralization of coins. Band Protocol secures major oracle integration and Coinbase Pro listingBand Protocol (BAND) has been seeing tremendous growth throughout the past few months, which has been reflected in its soaring price. Crypto lending volumes set record as Ethereum DeFi tokens surgeCrypto lending is back in vogue. Bitcoin CME futures are trading at a $300+ premium; Here’s what this meansBitcoin’s recent strength has created a sense of “FOMO” amongst investors. 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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LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
quinta-feira, 6 de agosto de 2020
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BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe
ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070
LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
Americans are “pouring” cash, stimulus checks into Bitcoin and gold