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…
Internet
Twitter’s Jack Dorsey: Internet Companies too powerful, Praises Bitcoin
On Wednesday, Twitter CEO Jack Dorsey said that prohibiting US President Donald Trump was the best resolution for Twitter. Still, he disclosed that few private companies shouldn't dominate the internet. Dorsey said that the concept was disputed last week when several foundational internet tool providers opted not to host what they thought was treacherous. He said that he trusts the companies came to their conclusions or were encouraged by others' actions. He added that the inconsistent policies and lack of…
4 years ago
How to Bitcoin During the Apocalypse
At some point in every Bitcoin investor's life, they stop and think to themselves, "what happens to Bitcoin if the internet goes down?" It’s true that originally Bitcoin depended on the internet to send and receive blockchain data between nodes. It’s also true that, for the most part, this is still the case today. However, this may not always be the scenario moving forward. The End of Days If the internet were to drop out of existence today, it would…
5 years ago
Beginner’s Guide to Blockchain Layers
The “Layers” of a Platform Say you want to build a 100-story tall building. You want it to be the tallest it can be and, at the same time, be able to support the weight all the way through. To ensure that the building is sturdy, you start with getting suitable materials, building a solid base from a few stories below the ground, stabilizing the base, and carrying on with the construction. In software and technology, the analogy holds just…
5 years ago