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 Market Balance
How Smart Contracts Influence the Crypto Market Balance
A smart contract is a self-executing contract between two traders written directly into lines of code. It contains the terms of the agreement between the buyer and the seller. This code exists on a decentralized, immutable public ledger, enabling the secure exchange of value. Furthermore, that code controls the execution, and the transactions are irreversible, transparent, and trackable. Smart contracts permit the transaction of valuable digital or physical assets between anonymous parties without needing a mediator, legal system, or central authority. The…
4 years ago