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…
Ethereum
Why Ethereum Developers Take Too Long to Work on the Spiking Gas Fees?
There are over 4,000 crypto coins globally, and Ethereum is the second-largest and currently trading slightly above $3,500. Ethereum has maintained its position since its launch in 2015. If that makes sense to you, I guess we both know the platform behind the decentralized finance world is nowhere close to a scam project. As you probably know, Ethereum is an open-source platform running on its Ethereum blockchain that has been monumental in the crypto space. It has been a pretty…
4 years ago
WMA: Historic Bitcoin Legalization Fails to Move the Market Out of Bear Territory
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,525 trillion. Bitcoin is trading more or less at the same price as last week after a 0.38% devaluation. Ethereum is down by almost 13% in the past seven days. XRP has dropped by more than 10% over the week. Binance Coin, Polkadot, and Cardano have recorded disappointing losses throughout the week. The DeFi…
4 years ago
WMA: Elon Musk Shoots Down Another Promising Market Recovery
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,645 trillion. Bitcoin is trading more or less at the same price as last week after a 0.5% increase. Ethereum is up by more than 11% in the past seven days. XRP has increased by more than 6% over the week. Binance Coin, Polkadot, and Solana have recorded important gains throughout the week. The…
4 years ago
Cybersecurity Firm NortonLifeLock Unveils Norton Crypto
NortonLifeLock (NLOK), an international leader in consumer Cyber Safety, announced on Wednesday morning the launch of Norton™ Crypto. It’s a new feature designed to enable consumers to safely and efficiently mine cryptocurrency using its trusted Norton™ 360 platform. Vincent Pilette, CEO of NortonLifeLock, said that the crypto economy had become a more vital part of their customers' lives. He added that they want to empower them to mine cryptocurrency with Norton, a brand they trust. Norton 360, at its core…
4 years ago
WMA: The Bears Stand Their Ground as Bitcoin and the Altcoins Fail to Recover
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,525 trillion. Bitcoin is up by roughly 6% after a turbulent week. Ethereum is up by more than 23% over the past seven days. XRP has increased by 22% over the week. Binance Coin and Cardano benefit from value boosts north of 30% The DeFi sector gained almost $7 billion in total value protocols…
4 years ago
Cryptocurrency as a Modern-Day Savings Account
Since the launch of cryptocurrency and blockchain technology, several advancements concerning finance have been introduced. The idea was to make transactions safer, more reliable, and more permanent using blockchain. Initially, the technology was focused only on providing payment currencies like Bitcoin, Litecoin, and Bitcoin Cash. More recently, crypto has focused more on providing comprehensive financial-related services, including trading and banking. One service that crypto has replicated from the traditional banking systems is savings. Crypto assets are excellent modern-day savings tools…
4 years ago
Can NFTs Pave Way For New Careers?
Forget Elon Musk's Twitter' jokes' that are dangling the prices of about every cryptocurrency in the industry. NFTs are the hottest thing in the crypto space right now. Perhaps the Tesla founder could soon shift focus and reap big from his frequent Twitter theatrics. Jack Dorsey just made millions from a tweet the other day after creating an NFT from his first-ever tweet. NFTs are in no way a new concept to which the crypto community is rising. The first…
4 years ago
Ethereum Founder Suggests the Crypto Market Crash was No Shocker
The crypto has shaken investors around the world crashes in recent days. However, not Vitalik Buterin — although many of his fortunes have been wiped from the meltdown. Actually, in an exclusive CNN Business interview Tuesday morning, the 27-year-old co-creator of ethereum said he believed cryptocurrencies were in a bubble. He emphasized, however, that "the popping of bubbles is notoriously difficult to predict." Ethereum Went Down Just Like the Others Ethereum plunged below $1900 – an astonishing decrease from Tuesday…
4 years ago
Crypto Projects Going Public: Could Their Stock Listing Push for Faster Adoption?
On 14th April 2021, Coinbase went public by listing its shares on Nasdaq. It listed the share under COIN, and the move had excellent results on Coinbase’s value. At the time of registration in the exchange, the unit price was $381, about 52% higher than its reference price of $250. However, the price of the shares closed the day at around $328.28. Accordingly, the value of Coinbase stood at around $100 billion on 15th April, around 1000% more than the…
4 years ago