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 $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Agustin Carsten
Central Banks Should Issue Digital Currencies Says BIS Chief
The Bank of International Settlement (BIS) General Manager, Agustin Carsten, thinks that Central Banks should issue digital currencies. This was revealed in a report published today about digital currencies and the future of the monetary system. Bitcoin Is Not A Suitable Alternative For Money Agustin Carsten's report focused on different aspects of the international monetary system and talked extensively about Bitcoin. According to Agustin, the lure of digital currencies has caused a major divide in the right architecture. Some want…
4 years ago