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…
Red Bull
Bybit Signs $50 Million Agreement with Red Bull Racing
Singapore-based crypto exchange, Bybit, has completed a $50 million deal with F1 giant, Red Bull Racing. Prior to the multi-year partnership with Bybit, Red Bull signed a $300 million deal with the software firm Oracle a week ago. Bybit’s recent deal however goes down as the biggest yet between a crypto and sports entity in history, on a per-year basis. Bybit was founded in 2018 and has rapidly grown to command more than six million active users globally. Its COO…
3 years ago