⁠Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK, BSV, LTC, ADA, BNB, CRO

Bitcoin price continues to decline at $12,000, but altcoins have taken advantage of the range bound action by rallying higher.

https://ct.com/8uf1

⁠DeFi Tokens BAND, LINK, Outpace Bitcoin Price by Gaining 100% in 10 Days

Strong growth in the DeFi sector led Band Protocol (BAND) and Chainlink (LINK) to gain more than 100% over the past few weeks.

https://ct.com/8ufu

⁠Bitcoin Price Rises in Tandem With Central Banks’ Balance Sheets — Data

Charts show a pleasing correlation between central bank Coronavirus fallout and Bitcoin returns, with anticipation building around an investor influx.

https://ct.com/8uhv

⁠World’s Biggest Business Intelligence Firm Buys 21K BTC for $250M

MicroStrategy confirms it has made Bitcoin its primary treasury reserve asset as institutional uptake takes a dramatic bullish step forward.

https://ct.com/8ui1

⁠Bitcoin, Gold Prices Drop as Trump Praises ‘Big Stock Market Numbers!’

A correction in gold and silver price coincides with a 3.45% drop in Bitcoin as its price fell below $11,500.

https://ct.com/8uis

⁠Tezos XTZ Follows Chainlink to Hit New High — But Is $6 Now Realistic?

The price of Tezos is breaking new highs as targets of $6 are beginning to appear on the XTZ charts.

https://ct.com/8uiw

⁠Analyst Predicts DeFi Growth May Push Chainlink (LINK) Price to $32

Investment analyst Timothy Peterson says Chainlink (LINK) price might hit $32 by the end of 2020, but holding that level would be impossible.

https://ct.com/8uk4

⁠Institutional FOMO? CME Bitcoin Futures Open Interest Soars to $841M

CME Bitcoin futures set a new open interest high at $841 million, further highlighting growing institutional interest in BTC.

https://ct.com/8ukm

⁠3 Reasons Why MicroStrategy Adopted Bitcoin — And Why Others Will Too

The CEO of the company that just bought 21,454 BTC calls it “digital gold,” and the tide will cause the business world to admit the same, say supporters.

https://ct.com/8ulv

⁠Invest 3% in Bitcoin to Avoid COVID-19 Lockdown Devaluation — BitGo CEO

The U.S. has made a rod for its own back with lockdown, and institutional investors already know it, argues Mike Belshe.

https://ct.com/8un0

⁠Is the Bitcoin Bull Market in Jeopardy After Failure to Break $12,000?

Bitcoin price is slowly recovering from yesterday’s $700 drop but is another shot at $12K expected in the short term?

https://ct.com/8unc

⁠Network Effect at Risk? Why 50% of DAI Locked in Compound Is a Concern

New data shows more than 50% of DAI is locked in Compound and this raises concerns about DAI’s long term prospects.

https://ct.com/8unm

⁠Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, XTZ, BNB

As Bitcoin price slowly regains momentum, many altcoins have been rewarding traders by rallying to new all-time highs.

https://ct.com/8uo8

⁠Bitcoin Price Above $11.5K as Key BTC Price Metric Suggests $12K Retest

Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon.

https://ct.com/8uox

⁠Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally

Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow?

https://ct.com/8upp

⁠Wall Street Starts ‘Hodling’ Bitcoin as 40% of BTC Unmoved in 2 Years

Grayscale and MicroStrategy lead a surge in institutional demand for new coins, with selling not part of the landscape, data shows.

https://ct.com/8uqs

⁠YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero

Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter.

https://ct.com/8urg

⁠Bitcoin Echoing 2017 Bull Run as Report Says Buyers Entered at $10K

Bitcoin market analyst filbfilb reveals key similarities between now and late 2016 as bullish sentiment keeps building for BTC price.

https://ct.com/8urp