Here’s why the Bitcoin price suddenly rose above $35k overnightBTC $35,147 (+8.1%) • ETH $1196 (+11.6%) • LTC $166 (+7.6%)
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The Bitcoin price surged above $35,000 overnight, recording a 10% increase within 12 hours. The major catalyst behind it has likely been the aggressive accumulation of BTC from buyers on Coinbase. Throughout the past week, whenever the Bitcoin price was trading higher on Coinbase, a major rally followed. 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 ⏬New DeFi entrant? ShapeShift pivots to DEX, integrating Ethereum and ERC20 tokensShapeShift, one of the oldest cryptocurrency trading platforms in the crypto market, is pivoting. This is how Bitcoin can disrupt the $200 billion card rewards marketCredit card rewards account for a small, but significant, chunk of the $1.2 trillion credit card market. Here’s why stablecoins like USDC going ‘legal’ is bullish for DeFiA landmark announcement for USDC. Altcoins explode higher: Synthetix, Uniswap, and more rally by over 20%“Altcoin season” may have begun as coins aside from Bitcoin and Ethereum take center stage, outperforming strongly against BTC and the United States dollar. Ethereum 2.0 staking service launches token with $1.4b fully diluted valuationLong-time cryptocurrency investor and crypto Twitter personality “Crypto Cobain”, a.k.a. Seven things the DeFi suite can do for you in 2021DeFi was the hottest topic of the year in the 2020 crypto realm. Paxful’s Ray Youssef on the Bitcoin hustle and why Africa leads crypto adoption
Ray Youssef is a man on a mission. And he isn’t chasing token scams, pump and dumps, or the next hot DeFi project. Instead, he’s at the helm of one of the world’s biggest and oldest crypto exchange platforms, Paxful. The firm has been around since 2015 and allows users to buy and sell Bitcoin instantly in over 300 ways via its leading peer to peer marketplace. 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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Here’s why the Bitcoin price suddenly rose above $35k overnight