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…
Shareholders
Tesla Shareholders Approve Elon Musk’s Historic $56 Billion Pay Deal
The post Tesla Shareholders Approve Elon Musk’s Historic $56 Billion Pay Deal appeared first on Coinpedia Fintech News Tesla shareholders showed tremendous support as they strongly voted in favor of Elon Musk’s $56 billion pay package and the relocation of the company’s legal headquarters to Texas. Musk expressed gratitude for the shareholders’ support despite the legal challenges. Notably, it is the largest pay deal in U.S. corporate history, which the Tesla board believes should be awarded to Musk for achieving…
12 months ago
New Data Unveils: Retail Investors Make Up 85% of Bitcoin ETF Shareholders, Says Analyst
Jim Bianco believes the majority of the first quarter’s spot Bitcoin ETF volume was dominated by retail traders rather than institutional investors. The use of 12-word keyphrases for web3 wallets has been the leading stumbling block to the mass adoption of on-chain digital assets. Macro investment researcher, Jim Bianco, believes around 85 percent of the United States-based spot Bitcoin exchange-traded funds (ETFs) are currently dominated by retail traders. The veteran market researcher indicated that first quarter 13F filings to the…
1 year ago
6 Main Factors Responsible for Cryptocurrency Volatility
The volatile nature of cryptocurrency makes it a great investment opportunity. When correctly harnessed, cryptocurrency investments can be very profitable. However, there is a wide variety of cryptocurrencies in the market, and some are more volatile than others. The more volatile it is, the higher the investment risk. The risks and uncertainty brought about by this volatility constitute a significant setback as it makes some people hesitant to embrace cryptocurrencies. Moreover, this constant shift in price and value also makes…
5 years ago