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 $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Wild West
Why is Crypto Space Referred to as the Wild West?
Bitcoin and cryptocurrencies have become a $2 trillion asset class in a little over a decade, showing that they hold the potential to disrupt the legacy banking system. However, cryptocurrencies can't seem to shake their reputation as the "wild west," a lawless space riddled with scams that lacks any regulatory oversight. That said, things could soon change as a growing appetite from institutional investors applies pressure on regulators to accept crypto as a viable financial system. This guide examines why…
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