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…
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Is Metaverse Land a Good Investment? Read This First
The Metaverse land grab is reaching bubble proportions. Despite the staggering valuations, is the Metaverse a good investment? The Metaverse is coming, and everyone wants a piece of it. But most investors are looking in all the wrong places. Major titles like Decentraland and Sandbox have serious structural issues that could seriously limit their potential to attract a gaming audience. But there is hope, as a different audience could make up for it. The Metaverse, an immersive universe of virtual…
3 years ago
A Guide to Popular Strategic Investments on Crypto Futures
Futures are a prominent sort of cryptocurrency derivative that institutional investors typically use. Experts can use crypto futures’ data to forecast future price changes and market sentiment. Depending on future price fluctuations, traders may profit or lose. For example, if Bitcoin trades at $45,000, an investor might trade futures contracts in anticipation of a price change. To build a successful crypto-future strategy, you need to understand what they are and how they work. This article aims to introduce you to…
3 years ago
Top 5 Play-To-Earn (P2E) Tokens to Invest In 2023
Contrary to naïve misconception, video games are no longer limited to traditional content creators or e-Sport athletes. Instead, through P2E or play-to-earn, gamers can monetize their actual playing time by buying or selling in-game NFTs. When the average gamer completes objectives, the exchange of crypto rewards comes into play. You may not be aware of it, but many people got into NFTs and crypto through play-to-earn games. So it is hard to separate P2E gaming without bringing NFT into the…
3 years ago
Top DeFi Tokens To Invest In 2023
DeFi, or decentralized finance tokens, continue to be the center of attention in the crypto realm. As a result, many individuals have started to make the most out of DeFi coins. After all, DeFi coins make it possible to address outdated issues in the financial sector. The truth is that DeFi coins have had consistent demand, and this trend continues to head in an upward direction. But once you’re interested in investing in decentralized finance, choosing the “right” DeFi token…
3 years ago
Binance Invests Millions of Dollars in Forbes SPAC Merger
Binance is on the verge of acquiring $200 million in Forbes stakes, as it touts the magazine publisher as an essential tool for web 3.0 Binance will merge with the blank-check company Magnum Opus in a $400 million takeover deal. Forbes will list on the New York Stock via SPAC as FRBs in the coming months. Binance SPAC Merger Major crypto exchange Binance will invest about $200 million into Forbes to ease a special purpose acquisition purchase (SPAC) of the…
3 years ago