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…
Jenny Johnson
‘Blockchain; Not Bitcoin,’ Says Franklin CEO Jenny Johnson
Jenny Johnson – CEO of $1.4 trillion money manager Franklin Templeton – recently called Bitcoin a “distraction” from true financial innovation. By contrast, she said its blockchain technology will have a “pretty dramatic” impact on the financial industry, and others. In an interview with Bloomberg, Johnson doubted that governments will allow Bitcoin to become a dominant global currency. “It’s more like religion, and people are going to debate it,” she said. Blockchain, however, was another story. She claimed that her…
3 years ago