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
WMA: Bitcoin sees a 4-day decline, altcoins bleed lightly and the DeFi craze carries on
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 $362 billion. Bitcoin did a false jump over the $12k hedge only to drop right back to $11,600 Ethereum loses momentum and drops below $400 XRP started the week trading around $0.32 but finished slightly above $0.28 The DeFi boom attracts more attention to the crypto market as Google searches for cryptocurrency reach a…
5 years ago
WMA: BTC pushing to break past $12k while ETH surges well above $400
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 $369 billion. Bitcoin continues to trade just a little under $12,000 Ethereum equals 2018 and 2019 highs after reaching $438 XRP drops below the $0.28 support but regains 6% towards the weekend Chainlink continues to surge with another impressive 70% increase. Crypto Trends 10th - 16th of August 2020: PERFORMANCE & ANALYSIS The cryptocurrency…
5 years ago
WMA: Bitcoin Continues Bullish Trend while Some Alts Record New ATH
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 $353.6 billion. Bitcoin keeps a solid uptrend as it dangles between $11k and $12k Ethereum increases by more than 15% to finish just below the $400 level. XRP rises to $0.30 after a spectacular 24% increase in value Chainlink registers a breathtaking 60% increase throughout the week Crypto Trends 03rd - 09th of August…
5 years ago
WMA: Bitcoin sets a new record high for 2020 as Ethereum and DeFi’s remain in the spotlight
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 $334 billion. Bitcoin increases by more than 17% to reach $12,100 before losing $1,000 on Sunday. Ethereum gets a spectacular boost of 26% to climb over $400 XRP regains its position on the market cap podium after a remarkable 30% surge The newly-released DeFi token YFI becomes the second-most expensive crypto. Crypto Trends 27th…
5 years ago
WMA: Bitcoin finally rises above $10k in a Sunday liquidation boost
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 $300 billion Bitcoin liquidated $74 million-worth of smarts to surge as high as $10,272 Ethereum price explodes over the $300 barrier and setting new records for 2020 XRP increases by more than 5% to trade at $0.22 The total funds locked in Decentralized Finance (DeFi) projects reaches $4 billion Crypto Trends 20th - 26th…
5 years ago
A Complete Guide On Blockchain Bridges – How Do They Work
Since the launch of the first blockchain-based system, many others have followed, and the crypto industry has continuously grown. However, blockchains aren't similar and come with different strengths and weaknesses. For example, Ethereum, launched in 2015, has excellent smart contract advantages but severe scalability issues over the years. All the blockchains, though, face a lack of interoperability challenges. Is there a possibility of having a system that allows users to use the strengths of different blockchains simultaneously? In recent years…
5 years ago
The DAO Hack Report and Its Ongoing Implications to Cryptocurrency
Ethereum is one of the top digital currencies shaping the decentralized ledger technology. It's a community blockchain behind the Ether (ETH) cryptocurrency and thousands of dApps. According to CoinMarketCap, ETH is the second-highest traded (over $5,776,058,511 in 24hrs, at the time of writing) coin behind BTC. Ethereum is considered the most stable blockchain hence the preferred infrastructure for most stable coins. However, the blockchain is associated with some minimal flaws. Among these is an attack on the DAO. This article will…
5 years ago
WMA: Bitcoin continues its beauty sleep through historical Twitter hack
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 $270 billion. Bitcoin sways between $9,000 and $9,300 on a neutral trajectory Ethereum drops by more than 2% and fails to overcome the $250 barrier. XRP drops below $0.20, but it bounces back to trade in green on the weekend A historical hacking of Twitter sees some of the world’s most popular accounts “ask”…
5 years ago
WMA: Bitcoin stays loyal to its sideways trend, but altcoins rise again
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 $273 billion. Bitcoin continues to wobble between $9,000 and $9,500 with just a small 1% increase. Ethereum increases by more than 5% to reach $240 XRP steals the spotlight with an 11% increase as it climbs over $0.20 Dogecoin increases by 95% after Tik Tok users pump up the joke crypto. Crypto Trends 06th…
5 years ago