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…
Financial Freedom
Canada’s National Police Blacklist 34 Crypto Addresses Involved With Trucker Convoy
Canada’s government is expanding its crackdown on donations to protestors objecting to vaccine mandates in Ottawa. In new efforts, the Royal Canadian Mounted Police (RCMP) have ordered crypto exchanges to not facilitate transactions with blockchain addresses linked to the movement. Following The Money As reported by The Counter Signal on Wednesday, FINTRAC companies in Canada have been ordered to cease transactions with 34 specific crypto addresses. These include 1 Monero, Litecoin, and Cardano address, two Ethereum addresses, and 29 Bitcoin…
3 years ago
Here’s How Canada’s Truckers Will Use Their $900k Bitcoin Donations
After reaching its donation goal of 21 BTC, Bitcoin for Truckers has announced plans on how and where it will allocate funds to support Canada’s “Freedom Convoy”. The fund has transformed into a far more critical lifeline for the movement than its initial plans. This could be a result of the increasingly draconian laws related to fundraising for the protest that it faces. How Will Truckers Redeem The Bitcoin? Nobody Caribou – a liaison between Bitcoiners and truckers in Ottawa…
3 years ago
The Future of Democracy and Financial Freedom with Cryptocurrencies
The current financial system experiences a myriad of issues that, in most cases, denies individuals access to financial services. Poverty rates continue to increase when users are financially excluded as statistics register the unbanked population to about 2 billion worldwide. The launch of Bitcoin in 2009 by Satoshi Nakamoto aimed at substituting the traditional financial model with a fast and more advanced architecture. The outcome is evident since the number of digital currencies continues to increase, accumulating an overall market…
4 years ago
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