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 Mayor
NYC Mayor Eric Adams Opposes Bitcoin Mining, Despite Pro-Crypto Stance
Eric Adams – Mayor of New York City – is undoubtedly bullish on crypto. Yet when it comes to crypto mining, he appears to be towing the party line. In a joint session on Wednesday, the newly elected Democrat said he doesn’t support cryptocurrency mining. Though environmentalists appear pleased with his remarks, they may damage the mayor’s campaign to attract the crypto industry to NYC. ‘Crypto’, Not ‘Mining’ According to the New York Post, the mayor has chosen to side…
3 years ago