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Soon after Ethereum laid the foundation for a decentralized ecosystem…
After a positive couple of days, the crypto market over the last 24 hours saw a major fall on the charts. The overall crypto market cap has fallen to $1.12 trillion, down over 3% in the past day. Bitcoin price has fallen back down below the $24,000 level, which had become a sort of support region for the king coin.
The case for Bitcoin, is relatively weaker than the overall crypto market which is at $1.02 Trillion – from a technical standpoint. Bitcoin price took a near 10.2% hit over the weekend before recovering slightly on the charts and now is below $22,000.
Decentralized Finance is a new financial terrain where investors from all around the world explore different financial solutions to check the best fit for their financial needs or goals. DeFi applications are built on open source peer to peer networks that offer good TPS – transaction per second speed, decentralization (for easy traceability of funds) and security.
KEY TAKEAWAYS Top crypto tokens by market cap – Bitcoin…
Ethereum 2.0 isn’t a replacement for the Ethereum we know today, rather it is a systemic upgrade within the blockchain network. The execution layer of the Ethereum network we know today will remain exactly the same while only the consensus layer will be transitioned from the PoW based one to the PoS based one during the upcoming Ethereum Merge.
KEY TAKEAWAYS Top crypto tokens by market cap – Bitcoin…
KEY TAKEAWAYS Top crypto tokens by market cap – Bitcoin…
The overall crypto market thus far has not been able to show any strong recovery on the charts. Top crypto tokens by market cap – Bitcoin price up 0.4% near $19,900, Ethereum price close to $1580, up about 1.4%
