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Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $921 billion. Bitcoin has barely moved from last week’s position following a 0.2% boost this week. Ethereum gained almost 2% over the past seven days. XRP dropped by nearly 5% this past week. Almost all altcoins are trading in the red, with few exceptions. The DeFi sector increased the total value protocols (TVL) to…

Per a CoinATMRadar report, Spain now ranks third globally in terms of crypto ATM installations within its borders. The European nation has pushed past El Salvador to sit behind the USA and Canada. Spain Now 3 ATMs Ahead of El Salvador According to the data, crypto users in Spain now have access to a total of 215 crypto-optimized ATMs. Indeed, Spain is responsible for 0.6% of crypto ATM installations around the world. Notably, El Salvador only falls behind by 0.1%…

A Norwegian court has ruled in favor of Bitcoiner Magnus Granath in a lawsuit against self-proclaimed BTC inventor Craig Wright. Granath, who goes by Hodlonaut on Twitter filed the suit in Norway after Wright set out to bring a defamation suit against him.  Hodlonaut’s Inciting Tweets News of Granath’s victory emerged on Thursday via court files. The documents revealed that Norwegian judge Helen Engebrigtsen found that Hodlonaut's claims were backed by sufficient factual evidence.  The story behind the case goes…

Martin Gruenberg – Chairman of the Federal Deposit Insurance Corporation (FDIC) – has expressed worry over how stablecoins could affect U.S. banking.  During a speech at the Brookings Institution on Thursday, the chairman said a payment stablecoin could “fundamentally alter the landscape of banking.” “Economies of scale associated with payment stablecoins could lead to further consolidation in the banking system or disintermediation of traditional banks.”  Federal Reserve Vice chair Lael Brainard has previously noted similar risks, recommending a CBDC to…

A potential agreement with FTX.US may see ex-clients of failed crypto broker Voyage Digital regain up to 72% of their frozen cryptocurrency. In the past 24 hours, news of the bankruptcy payout plan emerged via court documents.  FTX Deal Still Under Question According to the court files, Voyager’s former customers may be able to recover more than 70% of the original value of their accounts. FTX.US’s tentative acquisition of the lender’s assets could see the US-regulated exchange fully pay out…

SuperBots is a DeFi protocol offering decentralized trading solutions where users can deposit their capital in vaults for secure and efficient trades on decentralized markets. The project stands out through its no-fees policy on deposits and withdrawals. Instead, the system is based on performance fees and transaction fees. SuperBots shares some of its features with UpBots, a digital asset management platform enabling trading in crypto through trading algorithms. Both protocols support accessible crypto trading for new and expert traders alike.…

Jack Dorsey has announced BlueSky’s long-awaited decentralized social protocol, called “Authenticated Transport Protocol.” The protocol is designed to let users regain control of their identity and data when using social apps. Decentralization Without Tokenization According to BlueSky, the AT Protocol (formerly known as “ADX”) integrates existing decentralized technologies to create a “simple,” “fast,” and “open” network. BlueSky is a non-profit launched by Twitter in 2019, without any stake held by the parent company.  Jack Dorsey has previously suggested that BlueSky…

In a recent interview with crypto journalist Laura Shin of the Unchained podcast, Terra founder Do Kwon opened up about the platform’s resounding crash. The TFL CEO took full responsibility for the collapse, apologizing for his earlier "arrogance". He also addressed the fraud allegations he is currently facing.  Fraud Allegations are Invalid, Says Do Kwon The interview lasted over 1 hour and saw Shin ask numerous questions relating to the collapse. Shin's interview bordered on the scam accusations leveled against…

A new player in the crypto world is looking to change how data is processed and shared. Ushi, a project audited by SolidProof, has a roadmap that promises big things for the future of data sharing.  So let us look more closely at what Ushi has to offer. A Quick Overview of Ushi Ushi (the Japanese term for "bull") is a new and unique way to look at the crypto market. By analyzing data and looking for patterns, Ushi can…