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…
Private Crypto Assets
Watchdogs Likely to Impose Sanctions on China’s Digital Yuan
China has for some time now been in the development of a digital version of its native currency, the Digital Yuan. Possibly, the country could be the first to introduce a Central bank digital currency that could be adopted globally if the country allows. One problem, however, is the regulating authorities all over the world, which have different regulations on crypto/digital currency-related activities. If China allows the coin to operate cross border, it would mean that investors will use it…
4 years ago