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 Donation
Turkey to Receive Crypto Aid Following Devastating Earthquakes
In the last 24 hours, several crypto businesses have stepped up with a promise to help Turkey after the nation suffered two ruinous earthquakes. These alongside numerous aftershocks have claimed over 1500 lives across Turkey and Syria. Parts of both regions have crumbled following the disaster meaning, not all the victims have been discovered yet. On Monday, February 6, Turkey's Kahramanmaras Province took a hit from a devastating 7.8 magnitude earthquake. A few hours later, it was followed by another…
2 years ago
Wikipedia Stops Accepting Cryptocurrency Donations Citing Environmental Concerns
After 8 years of accepting crypto , Wikipedia has elected to bring digital asset donations to a close. The decision should distance the community from any type of implicit cryptocurrency endorsement, alongside its environmental effects. Succumbing to Crypto Controversy The Wikimedia Foundation – a non-profit dedicated to funding Wikipedia – came to its decision through community vote. Over 300 users voted on the ban, with 94 voting against it, and 234 voting in favor. As shared by Wikipedia editor Molly…
3 years ago
Ukraine’s Military Suppliers Accept Crypto
Ukraine is buying military supplies from weapon vendors accepting crypto as a means of payment. Reports from a Ukrainian Senior officer reveal that several weapon dealers are willing to trade weapons in exchange for crypto. Ukraine Buys Supplies with Crypto Donations Ukraine started a fundraiser in crypto to seek worldwide financial assistance, given the crises of Russia's invasion during February ending. The global community turned up in numbers to support the Russian neighbors and donations obtained from this end accumulated…
3 years ago