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…
Banks Tried Kill Crypto
Banks Tried to Kill Crypto and Now They Embrace It
Not so long ago, banks were skeptical and outright against the adoption of cryptocurrencies. However, the crypto market has had unprecedented growth in the last few years. Furthermore, it addressed the misconceptions concerning digital currencies. In 2021, it shouldn’t come as a surprise that the tables have turned. Now, banks see the crypto space in a new light. However, only recently, New York regulators wanted to gain more control over Bitcoin. Fortunately, the Wall Street executives managed to influence banks…
4 years ago