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…
Blockchain-Based Crypto Ecosystem
IoTA is Big on Automotive Industry; Why isn’t Elon and Tesla Investing with IoTA?
Ever since January 2021, Elon Musk and his company Tesla have shown interest in the crypto world. For instance, Tesla purchased over $1.5 billion worth of Bitcoin when bitcoin prices were slowly surging. Elon also purchased Bitcoin for his investment use. Tesla later introduced a payment system involving Bitcoin to pay for any purchase of their Tesla cars. The company noticed the huge prospects in Bitcoin and decided to share its benefits and its reliability. Primarily, crypto assets have vast…
4 years ago