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…
Crypto Derivatives
Crypto Derivatives: What are Crypto Derivatives and How do They Work
In recent years, the crypto space has witnessed incredible growth into a diverse ecosystem of over 5 000 coins and tokens, with each token focusing on a particular use case built on blockchain technology. And with the diversification of the crypto ecosystem, there has been an increased launch of financial products to increase mainstream adoption. One such crypto-financial product that has gathered pace among crypto enthusiasts in recent years is cryptocurrency derivatives. A notable cryptocurrency derivative in the crypto space…
5 years ago