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…
Economic Salvation Route
Ways How Bitcoin was Engineered to be an Economic Salvation Route
Many folks see bitcoin as a robust defensive asset akin to gold, which can protect them from the many shortcomings of the legacy financial system. The world's first cryptocurrency has held up better than most traditional investment instruments during the ongoing Covid-19 induced economic meltdown. The world is slowly shifting from traditional financing to a P2P payments model and decentralized finance. In this article, we look at how its anonymous creator engineered bitcoin to be a haven from the many…
4 years ago