Daily Crypto News- American Investors Inclined To Buy Crypto With Credit card Competition, A New Study Reveals
Cardano (ADA) sets price highs ahead of smart contract update
Cardano (ADA) platform is on track with completing its smart contract mission as the announcement of the hard fork date, which will mark the downing of the new era, boosted the token’s price to its record high of $2,54. The most determinant factor of Cardano’s (ADA) recent performance was the announcement of the targeted date for the Alonzo upgrade rollout.
Avalanche (AVAX) price is up 200% this month
A rapidly expanding DeFi ecosystem and a new low-cost bridge to the Ethereum network are just a few reasons why AVAX’s price is up 200% in August. Avalanche (AVAX) is a relatively new layer-one solution that has recently seen a significant increase in price and adoption as the dominant smart-contract platform (Ethereum) continues to struggle with high transaction costs and slower processing times than its competitors.
Altcoins rally higher while Bitcoin bulls target $50,000
SYS, SWAP and PRQ lead altcoins are higher while Bitcoin bulls place their focus on the $50,000 mark. Bulls officially made their claim clear today as Bitcoin (BTC) price rallied 4.18% to $49,163 and captured the attention of investors who’ve been waiting for BTC to reclaim the $50,000 mark.
Polygon eyes record high as MATIC’s 150% price rally activates textbook bullish pattern
Polygon’s native asset, MATIC, tests its June resistance level near $1.51 for a bullish breakout setup. A recent price rally in the market of Polygon’s native MATIC token pushed its prices above $1.56 for the first time in more than two months. The MATIC/USDT exchange rate rose 20.65% in just two days to reclaim its June 17 high.
American investors inclined to buy crypto with Credit card Competition, a new study reveals
Out of the 1,000 respondents, 21% plan to take on consumer debt for buying cryptocurrency, while more than 20% have decided to use either their bank savings or refinancing their homes. American investors are inclined to buy crypto with credit card. As the crypto ecosystem continues to mature and go mainstream, a new study of Millennials has shown a change in investor sentiment and their spending habits.