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…
Push for Digital Currencies
Indonesia Propels the Push for Digital Currencies’ Inclusion in Central Banks
According to Governor Perry Warjiyo, Bank Indonesia aims to introduce a digital rupiah currency. The country’s Central Bank has not yet decided which platform to use to utilize the currency, but the debate is ongoing. Indonesia saw a rise in digital currency transactions from the onset of the global pandemic COVID-19. As more countries continue to adopt the Central Bank-issued digital currencies, Indonesia doesn’t want to lag. In a report released last year, the number of crypto users in the…
4 years ago