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Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones – Market Updates Bitcoin News

On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below the $20K region for the first time since mid-July. Crypto Economy Craters — More Than $240 Billion Erased in 13 Days Digital

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$10 Trillion Asset Manager BlackRock Unveils Bitcoin Spot Exposure Via Private Trust

Summary: BlackRock has announced a private trust for institutional clients.The trust will focus on providing direct exposure to Spot Bitcoin for the firm’s institutional customers.Investors based in the U.S. would be the first to tap this offering, per Thursday’s statement.The giant asset manager recently teamed up with Coinbase for institutional crypto

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Bitcoin Rally As Altcoins Turn Green, Pushes Market Above $1 Trillion Threshold

Following strong weekly double-digit gains from Bitcoin and a number of big-cap altcoins, the cryptocurrency market capitalization surpassed $1 trillion. $1 Trillion Market Crossed Again For the first time since June 13, a significant gain on Monday in both bitcoin and ether helped lift the market worth of cryptocurrencies back beyond the

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70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months – Market Updates Bitcoin News

During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as

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The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’ – Metaverse Bitcoin News

Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030 Global management consulting firm McKinsey & Company published a report last

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Cryptocurrency Down Trend Continues As Crypto Market Cap Falls Below $1 Trillion

The crypto market's woes continue to grow stronger and more oppressive, as the industry’s almost $3 trillion market cap has fallen to under $1 trillion. With the downtrend picking up more steam, bitcoin, ethereum and other altcoins are struggling to maintain themselves. In November of last year, the entire crypto

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