Data shows Ethereum network has strong metrics despite bearish sentiment | Basic Attention Token (BAT) adoption is surging as Brave 1.0 launches
BTC 📉 $8717 (-1.03%) / ETH 📉 $185 (-1.19%) / XRP 📉 $0.27 (-1.43%)
|Nov 14||Public post|| 1|
Brave Software announced the official launch of its popular privacy-centric web browser Brave. Meanwhile, several technical indicators estimate that its native crypto, Basic Attention Token (BAT), could be bound for a further bullish impulse.
2019 has been a good year for Bitcoin and cryptocurrencies. An influx of institutional money and Facebook announcing its Libra plans have provided a boost to the markets, lifting the total market cap from a just over $125 billion in the first quarter, to $240 billion currently.
According to data from IntoTheBlock, more than $900 million was moved on the Ethereum network in transactions greater than $100,000 last week. While this is a significant volume, it’s still a far cry from the impressive stats the network had back in August.
Bakkt has announced it will be listing cash-settled BTC futures, a pivot in the strategy that may seem at odds with the company’s founding vision.
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