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…
Bitcoin
Crypto Market Bullish as Bitcoin (BTC) Hits New Year Milestone
The crypto market is bullish today, January 1st, with the majority of the top 100 coins trading in the green. The leading coin, Bitcoin, continued its surge towards $30k as it achieved yet another milestone in the early hours of today. Bitcoin Makes New All-Time High Bitcoin's bullish run has extended to the New Year as the leading coin continued its march towards uncharted territory. After suffering a major dip a week ago, Bitcoin was able to rebound on Monday,…
4 years ago
What are Fiat-to-Crypto Exchanges and Why are They Important
Fiat-to-crypto exchanges are a critical component of the industry. These platforms allow users to purchase crypto using traditional financial methods such as debit cards, credit cards, or bank accounts. Consequently, fiat-to-crypto exchanges are crucial in introducing new capital into the market. There was a time before these convenient platforms existed. For example, to get Bitcoin in its early days, you need to mine for it or trade some service for crypto payments. While this strategy worked fine during the market's infantile…
4 years ago
WMA: Bitcoin Surges Above $28k as Alts Drown in Christmas Bloodbath
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $709 billion. Bitcoin increased by more than 15% to climb above the $28,000 mark. Ethereum increased by almost 5% and hit a new year high above $715 XRP lost almost 52% of its value after being sued by the SEC. DeFi token 1inch increases by 1000% in value after Binance listing. Crypto Trends 21st…
4 years ago
Crypto Market Cap Above $700 Billion As Bitcoin Surges Past $28k
Bitcoin (BTC) continues to set records since breaking past the $20k resistance barrier earlier in December. The leading coin has since created more milestones and looks to be on its way to $30k before the end of the year. Bitcoin Surges Past $28k Entering the weekend, trading within the $25k mark, Bitcoin continued its bullish movement, with the bulls taking the coin above $26k yesterday. After a brief retracement, the leading coin continued its march, breezing past 26,500 before dawn.…
4 years ago
Bitcoin (BTC) Offers Christmas Gift, Hits New All Time High
Today is Christmas day and Bitcoin holders have a lot to celebrate after the leading coin hit a new milestone. Bitcoin Creates New All-Time High Bitcoin continued its recent rally in the early hours of the day as it moved above the $24k mark. The leading coin fought off an initial retracement before surging past its previous resistance point of $24,200. In the process, the leading coin surpassed previous all-time highs of $24,217 towards new regions. According to data from…
4 years ago
CoinDeFi Embroiled In Trademark Battle over $Coin Ticker
CoinDefi, a decentralized protocol, has become embroiled in a trademark battle over the $Coin ticker use. The DeFi protocol is accused of bullying those who use the $coin trademark with legal threats. Controversy Regarding the Coin token Trademark Marguerite deCourcelle, an artist with the nickname Coin_artist, revealed on Twitter yesterday that CoinDeFi was threatening to sue her. According to deCourcelle, the DeFi protocol wanted her to remove "coin" from her Twitter handle coin_artist. This, according to deCourcelle, was ridiculous since…
4 years ago
The Undocumented Features of Bitcoin’s (BTC) Architecture
The introduction of Bitcoin in 2009 marked the start of a new financial era with a decentralized financial control structure that eliminates third parties in financial transactions. However, Bitcoin is more than just a digital currency; it's a revolutionary technology that has helped shape the modern economy. Bitcoin also helped popularize blockchain technology, which has gained widespread use cases in various sectors, including supply chain services, the Internet of Things (IoT), and reputation systems with the launch of blockchain-based applications. …
4 years ago
Microstrategy Makes Fresh Purchase of $650 Million Worth Of Bitcoin
The world’s largest independent publicly-traded business intelligence company, MicroStrategy, has completed the purchase of 29,646 more Bitcoins for approximately $650 million. $1 Billion Worth Of BTC Purchased In 2020 MicroStrategy revealed this latest purchase in a press release today and revealed more information on their current asset holdings. According to the investment firm, the latest purchase was in cash according to its treasury reserve policy. In total, this latest round of Bitcoin investments aggregated out to $650 million, including fees…
4 years ago
Bitcoin (BTC) Suffers Flash Crash, Drops Below $23k
Bitcoin suffered a massive correction a few hours ago, losing $1,500 in value within the space of minutes. This correction came after the leading coin enjoyed a massive rally over the weekend. Bitcoin (BTC) Price Correction Follows Bullish Weekend After entering the weekend trading above $20k, BTC quickly surpassed the $22k mark creating new milestones on the way. The leading coin also hit a new all-time high of $24,209 on Sunday, according to data from CoinMarketCap. Amid expectations that Bitcoin…
4 years ago