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…
Messari Research
Ripple Is Thriving In South Korea Amid Its Legal Woes
Crypto data aggregator and research platform, Messari said that BTC & XRP are South Korea's most famous holdings. The research derives its data from Bithumb, Coinone, and Corbit from the financial year 2019. Ripple, the San Francisco-based blockchain service provider, has had a record-breaking 2020 with significant RippleNet transactions growth. The technology firm also reported the signing of 15 new RippleNet customers to close out 2020 despite the SEC's lawsuit. Ripple's CEO, Brad Garlinghouse, recently said RippleX has now reached…
4 years ago
Ethereum: Will It Struggle In 2020 and Surge Later?
This year, ETH's price declined to a 9-month low, hence losing almost all the gains it accrued. The decline is one of the cryptocurrency market moves, influenced by the decrease in BTC's price at $ 7 000. Some individuals, however, believe that the price of ETH will not surge anytime soon. Some market participants are negative concerning ethereum, and this may be contributing to its bearish performance. One of these participants is Messari company researcher, who wrote a paper entitled…
5 years ago