Buying Spree Continues - Mine Digital
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Buying Spree Continues

August 17, 2020 • 
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Viable digital asset projects are being bid across the board and we identify this as institutional capital, especially tech funds. Bitcoin still muted.

Morning Traders,

As crunch time sneaks in for risk-assets, digital assets have been absolutely booming.

It had probably been the case that any real project with a real product and an active team was underpriced – there had been no professional investing going on in this space.

If we consider what other tech assets have done, with more dramatic marked prices in early capital raisings, we might even be able to say that almost any real digital asset with some results should be valued around the unicorn mark.

Take a look at the list and compare your favourite digital assets with more accessible investments. Informed capital is now flowing into the space.

Bitcoin

Bitcoin, still dead.

Bitcoin last traded at $11,877

24 hr high: $ 11,977

24 hr low: $ 11,683

Bitcoin USD Chart

Ethereum

Eth is still having a good run, recovering well from a selloff overnight. There is a question around whether it is toppy with a muted Bitcoin but after the last move higher, what Eth does next is a little ambiguous.

Eth last traded at $432

24 hr high: $ 437

24 hr low: $ 412

Ethereum USD Chart

Digital Assets

There is broad buying in digital assets

  • Aave: $ 0.515
  • Algorand: $ 0.64
  • Cardano: $ 0.139
  • Chainlink: $ 18.97
  • Compound: $ 199.65
  • Maker: $ 693
  • Ren: $ 0.384
  • Reserve Rights: $ 0.0241
  • Stellar: $ 0.113
  • Synthetix: $ 6.57
  • Tezos: $ 4.29

Whether you want to simply buy and sell or access advanced features, we have the tools you need. Mine’s order-book exchange lets you trade BTC, ETH, XRP, LTC and BCH against AUD, USD and USDT*. Mine Digital, Australia’s best Cryptocurrency Exchange.

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