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…
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Stellar (XLM) and Ripple (XRP) Investors Shift to Fezoo (FEZ) Amid Crypto Fluctuations, Aiming High Against OKX and Binance
Stellar (XLM) and Ripple (XRP) hold strong positions and their investors are always looking for new projects to invest in. Enter Fezoo (FEZ), a decentralized exchange (DEX) that's captivating the attention of Stellar (XLM) and Ripple (XRP) communities. Here's why investors from these ecosystems are going to Fezoo (FEZ), and how this new platform could challenge the dominance of centralized exchanges (CEXs) like OKX and Binance. Stellar (XLM) Investors Shift To Fezoo (FEZ) Fezoo (FEZ) provides a platform for trading…
1 year ago
Litecoin And Monero Investors Shift To Algotech Presale As Prices Stay Suppressed
Despite the recent bull run that has seen many digital currencies soar to new heights, Litecoin (LTC) and Monero (XMR) have remained relatively stagnant. This lack of significant price movement has left investors searching for more lucrative opportunities, leading many to turn their attention to the emerging project, Algotech (ALGT), especially as it enters its presale phase. Litecoin's Underwhelming Performance Amid Crypto Bull Run Over the past year, while many cryptocurrencies have seen their prices go up a lot, Litecoin(LTC)…
1 year ago
This Country Plans to Shift its Focus Away From Bitcoin Mining
In a significant shift that may redefine its economic landscape, Iceland is contemplating a move away from its burgeoning Bitcoin mining sector. The country will address more pressing concerns related to food security and energy sustainability. Prime Minister Katrín Jakobsdóttir voiced her apprehensions about the nation’s energy consumption patterns. Especially in light of the increasing demands from the cryptocurrency mining industry. Bitcoin Mining Threatens Iceland’s Sustainability, PM Warns Iceland, nestled atop the Mid-Atlantic ridge, is a haven for Bitcoin miners,…
1 year ago
Ethereum 2.0 Serenity – A Look at This Monumental Upgrade
The Ethereum 2.0 update continues to be one of the most anticipated crypto events of the year. Ethereum 2.0 is a multi-lab initiative that seeks to take the world's second-most popular cryptocurrency to new heights. The upgrade will introduce a host of new features and functionalities to the network. Specifically, the new protocol improves speed, efficiency, and scalability. In addition, developers believe the integration will alleviate congestion and lower gas costs for smart contract developers. Importantly, gas is the currency…
5 years ago