These 4 factors show just how real Bitcoin’s current bull run truly is
BTC $12,264 (+3.9%) • ETH $436 (+1.2%) • XRP $0.32 (+6.8%)
Bitcoin appears to be in the early stages of its next bull run, with the cryptocurrency’s price rallying past $12,000 today and setting fresh yearly highs at $12,400.
Although there’s no denying the overt strength that the benchmark cryptocurrency has seen in recent times, some investors are worried that this upswing may end in a similar way to that seen last summer – when BTC peaked at $13,800 before beginning a multi-month descent.
Several factors show why this upswing is different from those seen in years past, with the crypto’s fundamental strength far exceeding that seen over the past few years.
📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins
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More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why
Decentralized finance (DeFi) has seen parabolic growth in recent months, evidenced by tokens pertaining to the space rallying thousands of percent, massive projects being minted out of thin air, and the sheer number and variety of individuals talking about the subject.
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On-chain network activity shows Litecoin (LTC) is preparing for a breakout
Activity on the Litecoin network is seeing a resurgence amidst a broader bull run in the crypto markets, on-chain data metrics show.
Interview: Former NBA player Kris Humphries explains why he’s excited about Chainlink
It’s fair to say that Chainlink (LINK) has been a driving narrative in the cryptocurrency market over recent months.
Analyst: BitMEX activating KYC is one of the “most bullish” events for Ethereum DeFi
Earlier this year, in March, rumors began to spread online that leading Bitcoin derivatives platform BitMEX was on the verge of implementing Know Your Customer (KYC) procedures.
New Research unveils how pump and dump schemes work in crypto industry
A new research paper from the University of Technology in Syndey found that pump and dump schemes are rife in the crypto markets, having recorded at least 355 market manipulations in the seven months.
Chainlink (LINK) “to the moon”: newly minted Bitcoin bull Dave Portnoy
This week, Dave Portnoy sent Crypto Twitter into a frenzy when he revealed that he has finally purchased Bitcoin after he enlisted the help of the Winklevoss Twins — Tyler Winklevoss and Cameron Winklevoss, co-founders of the Gemini crypto exchange and Bitcoin billionaires.
Just bull run things: Ethereum users created a $500,000 crypto over a DeFi meme
Over the past few weeks, decentralized finance (DeFi) developers have found an intriguing way of spawning successful projects: take the code of an already-successful project like Compound, Aave, Yearn.Finance, Ampleforth, or otherwise, and then tweak it with novel ideas.
US Post Office could turn to blockchain tech after Trump threatens “shutdown”
A patent filed by the US Postal Service (USPS) describing a blockchain-based tool was made public earlier this week after news of President Donald Trump trying to shut down the organization, reported Forbes.
Chainlink leads in developer activity as LINK hits all-time highs
Chainlink developers recorded the most code “commits” over the past 12 months, according to data on Github.
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