What makes the crypto market’s rise to $500 billion different from 2017?
BTC $18,581 (-2.2%) • ETH $559 (-7.2%) • XRP $0.61 (-10.3%)
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The last time the total market capitalization of cryptocurrencies surpassed $500 billion, in December 2017, the industry had no idea a world-shattering crash was waiting just around the corner. And now, with Bitcoin nearing the coveted $20,000 point, the industry holds its breath once again as it prepares to leap into the unknown. But, this time around, things might be different.
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More news ⏬
Ethereum wicks under $500 on top futures exchange as market (finally) sags
The crypto market has developed massively since 2017 and 2018, with the introduction of complex derivatives products, regulation, and liquidity through prominent market makers like Jump Trading and Alameda.
Avalanche’s (AVAX) bridge to Ethereum enters ‘final phase’ of testing
Avalanche, the highly-scalable, open-source platform for launching decentralized finance (DeFi) applications, has begun the final phase of testing of a bridge to connect its ecosystem to Ethereum, it said in a release shared with CryptoSlate.
This upcoming 45 billion token airdrop is one of the reasons why retail is pumping XRP
XRP has surged over 133% in the past week, and over 150% in the past month alone.
Bitcoin has been massively outperforming gold in November—but why?
The price of Bitcoin has been hugely outperforming gold throughout November.
Major announcements on Cardano set to take place by the end of the year
With a week left before the official November product update, Charles Hoskinson, the CEO of IOHK, took to YouTube to share a brief glimpse of what’s been accomplished at Cardano this month.
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