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…
Laos
Laos Legalizes Crypto Trials Amid Financial Crime Concerns
Laos, the southeast Asian country, authorized six companies to take part in a cryptocurrency trial. The government changed its official policy recently. Consequently, the firms will trade and mine in a trial run while the government drafts usage regulations. This development will assist the country in gaining profit from Chinese miners. Subsequently, they can become an option for those who have suffered from China's cryptos mining crackdown. The firms are Boupha Road-Bridge Design Survey Co., Phousy Group, and Sisaket Construction. Also part of the…
4 years ago