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…
Calibra
Facebook’s Libra Shows Promise to Support Both Crypto and Fiat Currencies
Facebook has revealed its intentions to make some key re-designing of its Libra project. The 3rd March 2020 announcement aims to make the network compatible with multiple coins, including some issued by various central banks. This effort is an attempt to entice reluctant financial regulators in Europe and the US as well as revitalize its project's momentum. Libra Reorganizes Due To Opposition At the dawn of the Libra project's launch, the social media giant outlined the project's main goal as…
5 years ago