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…
NYC
Donald Trump Buys Burgers with Bitcoin in NYC, Calls It a Historic First for US Presidents
Former US President Donald Trump recently made headlines when he purchased burgers using Bitcoin at PubKey, a bar in Greenwich Village, New York City. Trump claimed this was the historic first time any US president had used cryptocurrency for a transaction. The event, held before a campaign rally, highlights Trump’s recent shift toward embracing digital assets as part of his 2024 campaign strategy. PubKey Co-Owner Sees Trump’s Transaction as Bitcoin’s ‘Coming of Age’ Moment Trump completed the transaction, totaling $998.70,…
9 months ago
NYC Mayor Eric Adams Opposes State-Wide Bitcoin Mining Ban
Eric Adams – the crypto-bullish mayor of New York City – stands against the proposed bill to ban carbon-based Bitcoin mining across the state. In a recent interview, he revealed plans to speak with Governor Kathy Hochul to encourage her to veto the bill. Reversing His Position? Speaking with the New York business paper Crain’s on Monday, the mayor claimed that the proposed ban could interfere with mining upstate. Considering that billions of dollars go into crypto already, he doesn’t…
3 years ago