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Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market Analysis ends the week at a total market capitalization of $2,088 trillion. Bitcoin is more or less at the same value as last week after a 0.2% drop. Ethereum calls it even after a 0.35% increase over the week. XRP is down by roughly 6% in comparison to last Sunday Solana, Terra, and Cardano end the week with significant value boosts. The DeFi…

Folks in the crypto community usually prepare for when a Bull-run trend commences before they can invest. Needless to say, countless other opportunities exist when an investor can obtain high yields. In that rationale, Yield Farming is among the newest projects that let users exponentially ramp up their crypto investments hassle-free. However, the Semantics that are part of yield farming can be a Gordian knot to unfold. For instance, not many folks understand it, let alone when to invest in…

A lead analyst from IntotheBlock reveals that Ethereum's inflation level is decreasing. According to a tweet, ETH currently has a lower supply rate. The tweet also explains that several factors are triggering a dip in the coin's issuance level. A Decrease in Purchasing Power? The annual inflation rate of Ethereum hit 3574 ETH compared to bitcoin's 900 BTC. This figure translates to a 1.11% decrease while Bitcoin's rate stands at 1.75%. The tweet's thread details some elements behind the numbers,…

JPMorgan has issued its financial advisors permission to give all its wealth-management-pp clients access to cryptocurrency funds. This move makes it the first large bank to expand crypto trading access beyond just ultra-wealthy clients. JPMorgan's advisors can execute only "unsolicited" crypto trades. Advisors cannot recommend the products but can buy or sell on behalf of a client's request. The bank informed advisors that they can now take orders to trade five cryptocurrency products. They include; Grayscale's Bitcoin Trust, Bitcoin Cash…

As bitcoin tries to reclaim the $50,000 mark, ETH struggles going past the $4,000 level. On the other hand, Cardano has hit consecutive all-time highs granting it more mentions on Twitter than the leading crypto by market cap. Bitcoin Looks Towards the $50K Mark Bitcoin price attempted to go above the $49,000 resistance zone. However, it failed to gain strength above the $49,200 level. The coin formed a high close to $49,335 level before starting a fresh decline yesterday. Bitcoin…

Ethereum’s top software client, Geth, suffered an EVM bug attack affecting over half of its older nodes. This attack further led to a split on the chain, forming a fork. According to the report released on Go Ethereum GitHub on Tuesday, Geth v1.10.8 would be the hotfix to deal with the bug attack. As per statistics from Ethernodes, Geth runs approximately 75% of Ethereum nodes. The number makes up for at least 54% of Ethereum nodes affected by the EVM…

The recent excitement in the crypto market cooled off after BTC faced rejection at $50K on August 26. According to coinmarketcap, the price of bitcoin slid to as low as $46,457 on Thursday. However, bulls finally regrouped to halt any further losses.  Will Clemente, the Lead Insights Analyst at blockwareteam, predicted that a rejection at $50K was coming. According to his analysis, Clement forecasts that some profit-taking would happen at that level. The young analyst explains that the whales caused…

Cardano Foundation's announcement of its partnership with Confirm, an analytics provider, raised a lot of scrutiny in recent times. Through the partnership, custodians, exchanges, and other third parties can track Cardano's native ADA crypto held in their wallets.  Following the reveal, there have been major concerns circling the partnership by Weiss Crypto. What the Weiss Criticism Entailed Charles Hoskinson, the founder of Cardano, believes that partnering with Confirm will bring more adoption to the Cardano blockchain. After all, its purpose…

According to a new revelation by the New York Times, some FBI staff allegedly gained access to data owned by a crypto hacker. The FBI gained access to the sensitive data with the help of a glitch in the AI company Palantir. The company has ties with big government agencies like the CIA and the US Immigration Agency( ICE). Crypto Hacker Faces Charges The suspected hacker in question is none other than Virgil Griffith. He allegedly aided the North Korean…