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…
Samson Mow
Binance’s Latest Move Will Kill USDC, says Samson Mow
Samson Mow – a popular Bitcoin advocate and developer – recently commented on Binance’s decision to remove USDC trading from its platform. He called it “the beginning of the end for USDC,” predicting that it will drastically reduce the coin’s usage and market cap. How Binance Can Steal Circle’s Reserves In a Twitter thread on Wednesday, Mow dismissed attempts from certain industry leaders to place a “positive spin” latest move. “You can say it’s good UX for USDC users, but…
3 years ago
Samson Mow Announces Departure From Blockstream
Samson Mow – Chief Strategy Officer at Blockstream – announced on Tuesday that he is leaving the company. Going forwards, he will continue working on other Bitcoin-related projects, while supporting its adoption by nation-states, such as in El Salvador. So Much Bitcoin; So Little Time The Bitcoin expert explained the details of his departure in a Twitter thread, showing pride in the work he has achieved at Blockstream. Mow spent five years with the company, which provides Bitcoin network infrastructure…
3 years ago