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…
America
In Latin America, Crypto Payments Are Taking Off
There are many facets to the ever-evolving crypto space. While memecoins, Zkrollup, and AI are currently trending within Web3, one use case that is constantly at the forefront is crypto as payments. Crypto being used as a form of transferring value is one of the industry’s most foundational aspects and it continues its meteoric rise in popularity throughout the world today. BitPay reports having executed 332k transactions using cryptocurrencies as a form of payment in the past six months, and…
1 year ago
America’s Libertarian Party Shows Support for “Decentralized Currency”
America’s Libertarian party – the nation’s third-largest political party – made a statement on Sunday that possibly signals support for cryptocurrency. The tweet advocated for the “separation of money and state” as an “imperative” for individual freedom. “A decentralized, immutable currency that scales and is salable over time and space will combat the power of the regime,” it reads. The statement seems to highlight properties for which Bitcoin is often praised. The primary cryptocurrency is known for being the first…
3 years ago