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…
Tonga
Former MP Predicts Tonga Will Make Bitcoin Legal Tender By November
Another nation may be on the way to adopting a Bitcoin standard, making the cryptocurrency legal tender. Lord Fusitu'a – a former Tongan MP – recently said that he expects his country to pass a Bitcoin legal tender law by the end of the year. The bill is intended to model El Salvador’s Bitcoin law, which made it an official currency in September. Is Tonga Next? Fusitu’a offered his prediction in a tweet on Friday, outlining the steps to put…
3 years ago