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…
Darknet
Crypto Darknet Market Revenue Hit $1.7 Billion in 2020
Cryptocurrencies have always been known for their infamous use among darknet market platforms. According to a report from Chainalysis, Crypto darknet revenue hit a new record of $1.7 billion in 2020. Eastern Europe Dominates Darknet Crypto Transactions This new record comes as individual purchases from darknet markets reduced from 2019 to 2020. This could be attributed to the Covid-19 pandemic that led to a global shutdown of movements in the early parts of 2020. The $1.7 billion revenue generated in…
4 years ago