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 $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Win For Crypto
Crypto in Germany Goes Mainstream Following the Enactment of ‘Spezialfonds’ Law
Germany has recently enacted groundbreaking legislation that observers say has the potential of mainstreaming crypto investments. The law that had been in the works since April this year came into force on July 1, 2021. It allows select institutional funds to allocate part of their portfolio to digital assets. In the law targeting the 'Spezialfonds,' firms can structure their capital to include an up to 20 % allocation in crypto. Currently, the special funds manage assets worth approximately $2.1 Trillion.…
2 years ago 
1 k views
