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…
Wrapped Assets
Difference Between Wrapped Assets, NFTs, and Stablecoins
If you live outside the cryptocurrency and blockchain realm, it can be hard to understand the latest terminologies hitting the headlines and news feeds. However, the dollar amount mentioned alongside the terminologies will likely be more surprising and eye-catching simultaneously. For example, how can a virtual creation of an artwork file sell for close to $70 million?! Well, that’s the amount the highest bidder was willing to pay for an NFT on Christie’s auction a few months ago. NFT is…
4 years ago