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…
Palmer Criticizes Crypto
DOGE Co-creator Palmer Criticizes Crypto as ETH Co-founder Reveals Crypto Exit
Dogecoin co-creator Jackson Palmer has labeled the cryptocurrency industry a right-wing, hyper-capitalistic technology. Palmer dropped the bombshell on social media in a lengthy Twitter post. He said that he would never return to cryptocurrency, a powerful cartel of wealthy figures. He added that crypto is created fundamentally to amplify the wealth of the rich by extracting money from the financially desperate and naïve. Palmer is not usually active on social media. As a matter of fact, in 2019, he had…
4 years ago