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…
Zipmex Rumors
Zipmex Halts Withdrawals Amid Rumors of Financial Troubles
Thai crypto exchange Zipmex has indefinitely suspended withdrawals; the exchange tweeted on July 20. According to Zipmex, this pause is due to “a combination of circumstances beyond our control.” Specifically, the exchange mentioned volatile market conditions, which it claims have caused some of its key business partners financial difficulties. According to the tweet, Zipmex decided to suspend withdrawals to maintain its platform’s integrity. [embed]https://twitter.com/zipmex/status/1549699440302166016[/embed] This news comes after Cointelegraph reported that the exchange might be facing financial difficulties. The crypto…
3 years ago