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…
Investment
Cryptocurrency Is A Legitimate Investment Tool, Says An Australian Judge
Recently, there is a defamation case in the New South Wales District Court, and Judge Judith Gibson approved the use of cryptocurrency as collateral. The judge said that cryptocurrency is a form of investment with recognition and acknowledged its volatility, as per a brief from the Australian Associated Press. The New South Wales court directed that the plaintiff must deposit 20000 AUD (about $13,000) in a bank account guarded by the courts. In this case, the plaintiff’s loss or success…
5 years ago