<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:media="http://search.yahoo.com/mrss/" >

<channel>
	<title>CoinGecko &#8211; Crypto Market Insights: Dive In with CryptoUpdate.io</title>
	<atom:link href="https://cryptoupdate.io/tag/coingecko/feed/" rel="self" type="application/rss+xml" />
	<link>https://cryptoupdate.io</link>
	<description>Latest cryptocurrency news, market updates and analysis</description>
	<lastBuildDate>Sat, 27 Dec 2025 04:00:50 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9</generator>
	<item>
		<title>Real-World Asset Revolution: 185% Growth in Crypto Narratives Unveiled</title>
		<link>https://cryptoupdate.io/2025/12/27/real-world-asset-growth-crypto-narratives-2025/</link>
					<comments>https://cryptoupdate.io/2025/12/27/real-world-asset-growth-crypto-narratives-2025/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sat, 27 Dec 2025 04:00:50 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[Price Trends]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[crypto]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Market-Growth]]></category>
		<category><![CDATA[Real-World Asset]]></category>
		<category><![CDATA[RWAs]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/12/27/real-world-asset-growth-crypto-narratives-2025/</guid>

					<description><![CDATA[<p>Real-World Asset (RWA) investments are proving to be the most exciting development in the cryptocurrency landscape for 2025, according to a recent CoinGecko report. The RWA sector has seen a remarkable average price return of 185.8% year-to-date (YTD), establishing itself as a pivotal player among crypto narratives. RWA&#8217;s Dominance in Crypto Narratives The rise of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/12/27/real-world-asset-growth-crypto-narratives-2025/">Real-World Asset Revolution: 185% Growth in Crypto Narratives Unveiled</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Real-World Asset</strong> (RWA) investments are proving to be the most exciting development in the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> landscape for 2025, according to a recent <em>CoinGecko</em> report. The RWA sector has seen a remarkable average price return of 185.8% year-to-date (YTD), establishing itself as a pivotal player among <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> narratives.</p>
<h2>RWA&rsquo;s Dominance in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> Narratives</h2>
<p>The rise of the <strong>Real-World Asset</strong> sector is evident as it leads the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market with substantial returns. Tokens such as Figure Heloc, Chainlink (LINK), Stellar (XLM), Tether Gold (XAUT), and BlackRock&rsquo;s BUIDL have been instrumental in this growth. Notably, Keeta Network has experienced an astronomical increase of 1,794.9% YTD, while Zebec Network and Maple Finance have achieved gains of 217.3% and 123.0%, respectively.</p>
<p>Currently, the Distributed Asset Value of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> RWA sector stands at $18.88 billion, marking a 2.56% increase over the past month. However, the Represented Asset Value has decreased slightly, totaling $407.93 billion, a drop of 2.36%.</p>
<h2>Real-World Asset Transformation</h2>
<p>The concept behind <strong>Real-World Assets</strong> involves the digital transformation of tangible assets like real estate and commodities. This innovation provides asset managers with a robust foundation for trading, managing, and securing these assets digitally.</p>
<h2>Layer-1 Solutions: The Runner-Up</h2>
<p>Layer-1 (L1) solutions have emerged as the second most successful narrative, with an impressive average price gain of 80.3% YTD. Privacy-focused blockchains such as Zcash and Monero have significantly contributed to this success, boasting rallies of 691.3% and 143.6%, respectively.</p>
<h2>Meme Tokens and AI Face Setbacks</h2>
<p>Despite their popularity, sectors like memecoins and artificial intelligence (AI) have encountered challenges this year. Memecoins such as Dogecoin (<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>DOGE</a>) and Shiba Inu (SHIB) have suffered losses exceeding 60% YTD. Similarly, AI-focused <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> assets have seen declines between 49.8% and 84.3%, with only a few exceptions like Alchemist AI and Kite performing better.</p>
<p>Additionally, the decentralized finance narrative mirrored these struggles, with average returns of -34.8%, consistent with the memecoins segment. Decentralized exchanges (DEX) also saw a decline of -55.5%, while layer-2 (L2) solutions recorded a second consecutive year of -40.6% returns.</p>
<p>As of the latest data, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> (BTC), the market&rsquo;s leading <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a>, is trading at $88,960, reflecting a 10% loss YTD.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/12/27/real-world-asset-growth-crypto-narratives-2025/">Real-World Asset Revolution: 185% Growth in Crypto Narratives Unveiled</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/12/27/real-world-asset-growth-crypto-narratives-2025/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Bitcoin&#8217;s Sharpe Ratio Indicates Potential for Bullish Surge, Investors Urged to Tread Cautiously</title>
		<link>https://cryptoupdate.io/2025/05/31/bitcoins-sharpe-ratio-indicates-potential-for-bullish-surge-investors-urged-to-tread-cautiously/</link>
					<comments>https://cryptoupdate.io/2025/05/31/bitcoins-sharpe-ratio-indicates-potential-for-bullish-surge-investors-urged-to-tread-cautiously/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sat, 31 May 2025 20:03:04 +0000</pubDate>
				<category><![CDATA[Bitcoin News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Price Trends]]></category>
		<category><![CDATA[Alphractal]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[Sharpe Ratio]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/05/31/bitcoins-sharpe-ratio-indicates-potential-for-bullish-surge-investors-urged-to-tread-cautiously/</guid>

					<description><![CDATA[<p>Despite experiencing a nearly 4% drop in the past week, Bitcoin&#8217;s market prospects remain optimistic, according to recent on-chain data. This downturn has sparked doubts about the resilience of the recent bullish rally, which propelled Bitcoin to a new all-time high. Nonetheless, data from a prominent investment platform suggests that Bitcoin&#8217;s bullish trajectory may still [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/31/bitcoins-sharpe-ratio-indicates-potential-for-bullish-surge-investors-urged-to-tread-cautiously/">Bitcoin&#8217;s Sharpe Ratio Indicates Potential for Bullish Surge, Investors Urged to Tread Cautiously</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Despite experiencing a nearly 4% drop in the past week, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s market prospects remain optimistic, according to recent on-chain data. This downturn has sparked doubts about the resilience of the recent bullish rally, which propelled <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> to a new all-time high. Nonetheless, data from a prominent investment platform suggests that <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s bullish trajectory may still be intact and could even experience further growth.</p>
<p>An intriguing on-chain insight into <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s current price condition was shared on social media by the market analytics firm, Alphractal. The firm argued that <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s price dynamics could yield significant gains for observant investors. The key consideration here is the Sharpe Ratio, a metric that assesses the risk-adjusted returns of an asset&mdash; <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, in this case&mdash;by calculating the profit an investment yields per unit of risk, where risk is represented by volatility.</p>
<p>A rising Sharpe Ratio generally signals greater risk-adjusted performance. However, a declining trend in this metric suggests the asset is in a &ldquo;lower-risk zone,&rdquo; where profits are less substantial.</p>
<p>As illustrated in the accompanying chart, the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> Sharpe Ratio (blue line) hasn&rsquo;t yet hit the upper trendline (red dashed line)&mdash;a critical marker that has previously indicated market peaks. This suggests that <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> is currently in a medium-risk zone, reducing the likelihood of erratic market movements.</p>
<p>Alphractal pointed out: &ldquo;The upper trendline (red dashed line) has historically served as a reliable indicator of excessive market euphoria. The fact that we haven&rsquo;t reached this level yet suggests there could be further appreciation in this cycle.&rdquo;</p>
<p>While the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> Sharpe Ratio is still distant from the levels that marked the peaks of the 2013, 2017, and 2021 cycles, investors are advised to exercise cautious optimism. The metric&rsquo;s current values have historically corresponded with both optimistic rallies and pessimistic corrections.</p>
<p>At the time of writing, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s price hovers just above the $104,100 mark, reflecting a slight decrease of over 1% in the last 24 hours. CoinGecko data shows that the leading <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> has declined by more than 3% over the past week.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/31/bitcoins-sharpe-ratio-indicates-potential-for-bullish-surge-investors-urged-to-tread-cautiously/">Bitcoin&#8217;s Sharpe Ratio Indicates Potential for Bullish Surge, Investors Urged to Tread Cautiously</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/05/31/bitcoins-sharpe-ratio-indicates-potential-for-bullish-surge-investors-urged-to-tread-cautiously/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Altcoin Listings: The &#8216;Eternal Hamster Wheel&#8217; for Crypto Exchanges, Warns River Financial CEO</title>
		<link>https://cryptoupdate.io/2025/03/30/altcoin-listings-the-eternal-hamster-wheel-for-crypto-exchanges-warns-river-financial-ceo/</link>
					<comments>https://cryptoupdate.io/2025/03/30/altcoin-listings-the-eternal-hamster-wheel-for-crypto-exchanges-warns-river-financial-ceo/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sun, 30 Mar 2025 05:00:52 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Bitcoin News]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Altcoin]]></category>
		<category><![CDATA[Binance]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[exchange]]></category>
		<category><![CDATA[MemeCoin]]></category>
		<category><![CDATA[River Financial]]></category>
		<category><![CDATA[Robinhood]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/30/altcoin-listings-the-eternal-hamster-wheel-for-crypto-exchanges-warns-river-financial-ceo/</guid>

					<description><![CDATA[<p>River Financial CEO, Alex Leishman, cautions cryptocurrency exchanges about the constant cycle they may trap themselves in when they decide to list their initial altcoin. According to him, once an exchange begins to list a non-Bitcoin token, it&#8217;s like stepping onto an unending treadmill of memecoins. In a post dated March 29, Leishman remarked, &#8220;Listing [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/30/altcoin-listings-the-eternal-hamster-wheel-for-crypto-exchanges-warns-river-financial-ceo/">Altcoin Listings: The &#8216;Eternal Hamster Wheel&#8217; for Crypto Exchanges, Warns River Financial CEO</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>River Financial CEO, Alex Leishman, cautions <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> exchanges about the constant cycle they may trap themselves in when they decide to list their initial altcoin.</strong> According to him, once an exchange begins to list a non-<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> token, it&rsquo;s like stepping onto an unending treadmill of memecoins.</p>
<p>In a post dated March 29, Leishman remarked, &ldquo;Listing Ethereum (ETH) won&rsquo;t make sense unless you also list tokens issued on ETH. The same applies to Solana. By doing this, you are essentially signing up for an infinite cycle of memecoins.&rdquo; Despite the success of numerous <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> casinos, Leishman affirms that he has no interest in creating one.</p>
<p>River Financial, where Leishman heads, is a Bitcoin-only financial institution that specializes in buying and selling <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> (BTCUSD). Other firms have also adopted the Bitcoin-only strategy, including Swan <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, Bull <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, and decentralized exchange Bisq.</p>
<p>Leishman asserts that <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>multi-asset</a> trading platforms are more focused on short-term speculation rather than long-term wealth accumulation. He further criticized the casino business model stating, &ldquo;This model is primarily designed to maximize customer extraction, while a Bitcoin-only model is aimed at aiding individuals in building lasting wealth.&rdquo; This point of view has been echoed by critics, especially during the memecoin uptrend in early 2024.</p>
<p>Eddy Lazzarin, A16z&rsquo;s CTO, voiced similar sentiments in April 2024, stating that memecoins are detrimental to the long-term perspective of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>, which has kept many original <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> pioneers engaged in the field.</p>
<p>As of the start of 2025, the overall memecoin market cap has experienced a significant downturn, with almost a 49% slump since January 1, reducing to $48.49 billion at the time of writing, as per CoinMarketCap data.</p>
<p>Despite the historical volatility of altcoins compared to <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, offering them alongside <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> has proven profitable for <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> exchanges and brokers. For instance, Robinhood, which provides various cryptocurrencies to its customers, reported a whopping 700% YoY surge in Q4 2024 <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> revenue.</p>
<p>Many traders interpret a memecoin listing on an exchange as a credibility endorsement. Ai_9684xtpa, a pseudonymous onchain analyst, reported in November that 12 out of the 15 memecoins listed by Binance in 2024 saw significant value increases post-listing.</p>
<p>Bobby Ong, CoinGecko founder, recently speculated that the memecoin market could be moving toward an &ldquo;extreme case of power law,&rdquo; where 99.99% fail, with only a few succeeding and enduring at the top.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/30/altcoin-listings-the-eternal-hamster-wheel-for-crypto-exchanges-warns-river-financial-ceo/">Altcoin Listings: The &#8216;Eternal Hamster Wheel&#8217; for Crypto Exchanges, Warns River Financial CEO</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/03/30/altcoin-listings-the-eternal-hamster-wheel-for-crypto-exchanges-warns-river-financial-ceo/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Unveiling the Future: CoinGecko Survey Indicates High Optimism for AI-Based Cryptocurrencies in 2025</title>
		<link>https://cryptoupdate.io/2025/03/21/unveiling-the-future-coingecko-survey-indicates-high-optimism-for-ai-based-cryptocurrencies-in-2025/</link>
					<comments>https://cryptoupdate.io/2025/03/21/unveiling-the-future-coingecko-survey-indicates-high-optimism-for-ai-based-cryptocurrencies-in-2025/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Fri, 21 Mar 2025 14:01:09 +0000</pubDate>
				<category><![CDATA[AI]]></category>
		<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[DeFi]]></category>
		<category><![CDATA[New Altcoins]]></category>
		<category><![CDATA[$MIND]]></category>
		<category><![CDATA[ai16Z]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[survey]]></category>
		<category><![CDATA[VIRTUAL]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/21/unveiling-the-future-coingecko-survey-indicates-high-optimism-for-ai-based-cryptocurrencies-in-2025/</guid>

					<description><![CDATA[<p>In a recent CoinGecko survey, approximately 44.3% of the 2,632 respondents expressed bullish sentiments towards AI agent coins by 2025. The breakdown is as follows: 25% of participants are entirely bullish 19.3% of traders are &#8216;somewhat bullish&#8217; 29.3% of participants remain neutral The remaining participants expressed bearish views. Intriguingly, about 46.9% of the respondents conveyed [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/21/unveiling-the-future-coingecko-survey-indicates-high-optimism-for-ai-based-cryptocurrencies-in-2025/">Unveiling the Future: CoinGecko Survey Indicates High Optimism for AI-Based Cryptocurrencies in 2025</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In a recent CoinGecko survey, approximately 44.3% of the 2,632 respondents expressed bullish sentiments towards AI agent coins by 2025. The breakdown is as follows:</p>
<ul>
<li>25% of participants are entirely bullish</li>
<li>19.3% of traders are &lsquo;somewhat bullish&rsquo;</li>
<li>29.3% of participants remain neutral</li>
</ul>
<p>The remaining participants expressed bearish views. Intriguingly, about 46.9% of the respondents conveyed bullish sentiments towards <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> AI products, suggesting that market participants perceive no significant distinction between AI technology and its potential for trading returns.</p>
<p>The survey participants were asked to categorize themselves as either &lsquo;early adopters&rsquo; or &lsquo;laggards&rsquo; of AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>. The results showed that innovators and early adopters were the most bullish. In contrast, laggards had different perspectives. 43.1% held a bearish view towards AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> prices, while only 34% were bullish. Interestingly, the &lsquo;laggard&rsquo; group had the smallest number of &lsquo;neutral&rsquo; respondents, at just 22.5%. This indicates that even latecomers to the AI craze are not hesitant to express their opinions. Overall, this CoinGecko report suggests positivity about AI technology and AI agent tokens leading the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> industry for the next few years.</p>
<p>As the technology continues to evolve, its integration with the DeFi chain and products is expected to lead to practical real-world applications.</p>
<p>The current <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market is being driven by the rush among businesses and countries to purchase and accumulate <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>. The race has accelerated ever since Trump signed an executive order to establish a US <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> Reserve. The latest to join this race is NASDAQ-listed biotech firm Atai Life Sciences, which has announced plans to buy $5M worth of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>. This move is seen as a better way to combat the biotech winter by overcoming inflation and potentially yielding significant returns.</p>
<p>A recent Coinbase report also discloses that 83% of institutional investors plan to increase their <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> allocation by 2025, signalling Atai as just the beginning.</p>
<p>If you&rsquo;re interested in investing in promising AI <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> coins, here are three options worth considering:</p>
<ol>
<li><strong>MIND of Pepe ($MIND)</strong> &ndash; This revolutionary new <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> aims to simplify <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> investing for retailers. The $MIND token allows holders to access the AI agent&rsquo;s analyses, which could generate significant profits in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>.</li>
<li><strong>ai16Z ($AI16Z)</strong> &ndash; This AI agent-based venture capital firm on the Solana network aims to revolutionize venture capital investments.</li>
<li><strong>Virtuals Protocol ($VIRTUAL)</strong> &ndash; This <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> project uses AI to enhance user experiences in virtual worlds, making it attractive for developers riding the growth of platforms streamlining digital interactions.</li>
</ol>
<p>With both AI tokens and the broader <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market expected to surge, now might be the perfect time to accumulate <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>. However, it&rsquo;s essential to employ solid risk management strategies and diversify your investment portfolio. Always research before investing, as this article is purely informative and not professional financial advice.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/21/unveiling-the-future-coingecko-survey-indicates-high-optimism-for-ai-based-cryptocurrencies-in-2025/">Unveiling the Future: CoinGecko Survey Indicates High Optimism for AI-Based Cryptocurrencies in 2025</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/03/21/unveiling-the-future-coingecko-survey-indicates-high-optimism-for-ai-based-cryptocurrencies-in-2025/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Ethereum Investor Sentiment Plummets to Annual Low: A Potential Contrarian Opportunity?</title>
		<link>https://cryptoupdate.io/2025/03/06/ethereum-investor-sentiment-plummets-to-annual-low-a-potential-contrarian-opportunity/</link>
					<comments>https://cryptoupdate.io/2025/03/06/ethereum-investor-sentiment-plummets-to-annual-low-a-potential-contrarian-opportunity/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Thu, 06 Mar 2025 15:01:02 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[Contrarian Play]]></category>
		<category><![CDATA[CryptoQuant]]></category>
		<category><![CDATA[ETH/BTC Ratio]]></category>
		<category><![CDATA[Investor Sentiment]]></category>
		<category><![CDATA[market trends]]></category>
		<category><![CDATA[Santiment]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/06/ethereum-investor-sentiment-plummets-to-annual-low-a-potential-contrarian-opportunity/</guid>

					<description><![CDATA[<p>Ethereum (ETH), the world&#8217;s second-largest cryptocurrency by market cap, is grappling with a lack of momentum as investor sentiment plunges to a yearly low. Despite the pessimism, some view this situation as a potential springboard for a bounce back. ETH&#8217;s performance has been underwhelming compared to other leading digital assets, with prices lingering around the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/06/ethereum-investor-sentiment-plummets-to-annual-low-a-potential-contrarian-opportunity/">Ethereum Investor Sentiment Plummets to Annual Low: A Potential Contrarian Opportunity?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Ethereum (ETH), the world&rsquo;s second-largest <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> by market cap, is grappling with a lack of momentum as investor sentiment plunges to a yearly low. Despite the pessimism, some view this situation as a potential springboard for a bounce back.</p>
<p>ETH&rsquo;s performance has been underwhelming compared to other leading digital assets, with prices lingering around the $2,300 mark.</p>
<p>Social media chatter regarding Ethereum, as reported by market intelligence firm Santiment, has reached its most negative point in a year. This downturn follows a gradual wane in enthusiasm, with investors turning increasingly bearish since September 2024.</p>
<p>Nevertheless, Santiment&rsquo;s analysts hint that despite the cloud of negativity, a potential contrarian buying opportunity could be on the horizon. The data suggests that periods of intense bearish sentiment have traditionally been followed by price recoveries, especially when the market regains stability.</p>
<p>Further fueling investor anxiety is the falling unrealized profit among Ethereum &lsquo;whales&rsquo; (those holding at least 100,000 ETH). Recent analysis from CryptoQuant shows that whale profits have regressed to bear market levels, even though Ethereum&rsquo;s value has doubled since the last <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> winter. Despite previous network upgrades like Dencun enhancing its scalability and efficiency, Ethereum&rsquo;s challenges persist.</p>
<p>Ethereum&rsquo;s woes are also linked to broader market trends, with macroeconomic uncertainties and regulatory pressures identified as contributors to its poor performance. Moreover, the ETH/BTC ratio has fallen to a five-year low of 0.0246, implying that <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> is attracting more investor attention than Ethereum.</p>
<p>At present, ETH trades at $2,300, reflecting a 3% increase in the last 24 hours but a 3.6% drop over the past week. Ethereum&rsquo;s performance is disappointing compared to the wider <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market, which has seen a 7.4% rise in the last week.</p>
<p>Looking at longer timeframes, the decline is more concerning. CoinGecko data reveals that the token is down 16.4% in the past two weeks. It has also lost as much as 40% of its value over the last year. Recently, ETH sank to a 16-month low after a market-wide slump that led to nearly $600 million in liquidation losses, with Ethereum bearing the brunt of the downturn. Some experts have even speculated that its price could drop below $1,200, a level not seen since late 2022.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/06/ethereum-investor-sentiment-plummets-to-annual-low-a-potential-contrarian-opportunity/">Ethereum Investor Sentiment Plummets to Annual Low: A Potential Contrarian Opportunity?</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/03/06/ethereum-investor-sentiment-plummets-to-annual-low-a-potential-contrarian-opportunity/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>BUSD Has Taken Action against Competing Stablecoins</title>
		<link>https://cryptoupdate.io/2022/09/06/busd-has-taken-action-against-competing-stablecoins/</link>
					<comments>https://cryptoupdate.io/2022/09/06/busd-has-taken-action-against-competing-stablecoins/#respond</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Tue, 06 Sep 2022 20:37:58 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Binance]]></category>
		<category><![CDATA[BUSD]]></category>
		<category><![CDATA[Circle]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[pax dollar]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[Tether]]></category>
		<category><![CDATA[true usd]]></category>
		<category><![CDATA[tusd]]></category>
		<category><![CDATA[USDC]]></category>
		<category><![CDATA[USDC stablecoin]]></category>
		<category><![CDATA[usdp]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=5941</guid>

					<description><![CDATA[<p>Binance has announced that on September 23, all concerned USDC products will be terminated. According to CoinGecko, the United States Dollar Coin produced by the American company Circle, is the world&#8217;s second-largest stablecoin. It has a market capitalization of $51.8 billion. The value of the stablecoin offered by Binance, known as BUSD, is around $19.4 [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/09/06/busd-has-taken-action-against-competing-stablecoins/">BUSD Has Taken Action against Competing Stablecoins</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Binance has announced that on September 23, all concerned USDC products will be terminated. According to CoinGecko, the United States <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Dollar</a> Coin produced by the American company Circle, is the world&rsquo;s second-largest stablecoin. It has a market capitalization of $51.8 billion. The value of the stablecoin offered by Binance, known as <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>BUSD</a>, is around $19.4 billion.</p>



<p>Binance announced on Monday that it would automatically convert user balances of the stablecoins USD Coin, Pax <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Dollar</a>, and True USD into <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>BUSD</a>. In spite of the fact that users will still be able to make deposits and withdrawals using those stablecoins, the announcement made by Binance raises questions about the company&rsquo;s competitive motivations while also sparking misinformation about what the move means for USDC.</p>



<p>According to a statement released by Binance, the change is being made with the goal of improving customers&rsquo; access to liquidity and capital efficiency.</p>



<p><a href="https://cryptoupdate.io/2022/06/07/how-to-buy-stablecoins-with-credit-card-in-5-easy-steps/">Stablecoins</a> play an essential part in the facilitation of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> trading and let traders retain unused <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> funds without changing them back into fiat money.</p>



<p>As a direct consequence of this action, the most significant <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> exchange in the world has announced that it will discontinue spot, future, and margin trading with USDC, USDP, and TUSD pairings.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>&lsquo;While optimizing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>dollar</a> liquidity on the world&rsquo;s largest exchange may carry benefits, the paradigm does raise potential market conduct questions,&rsquo;</p></blockquote>



<p class="has-text-align-left">a spokesperson for Circle said in emailed comments, without elaborating on what questions were raised.</p>



<p>The Chief Executive Officer of Circle, Jeremy Allaire, said in a tweet that a beneficial development is the convergence of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>dollar</a> books on Binance. The usefulness of USDC has simply risen.</p>



<p>In a separate tweet, Allaire said that he believed the move would result in USD Coin and <a href="https://cryptoupdate.io/2022/06/13/reasons-to-trade-busd-margined-futures/">Binance USD</a> gaining market share at the expense of Tether, which is now the most widely used stablecoin.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/09/06/busd-has-taken-action-against-competing-stablecoins/">BUSD Has Taken Action against Competing Stablecoins</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2022/09/06/busd-has-taken-action-against-competing-stablecoins/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Initial Negotiations for Crypto-Friendly Zone in Nigeria</title>
		<link>https://cryptoupdate.io/2022/09/05/initial-negotiations-for-crypto-friendly-zone-in-nigeria/</link>
					<comments>https://cryptoupdate.io/2022/09/05/initial-negotiations-for-crypto-friendly-zone-in-nigeria/#comments</comments>
		
		<dc:creator><![CDATA[Sophia N.]]></dc:creator>
		<pubDate>Mon, 05 Sep 2022 12:36:39 +0000</pubDate>
				<category><![CDATA[Cryptocurrency Regulations]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[Binance]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[enaira]]></category>
		<category><![CDATA[nigeria]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=5917</guid>

					<description><![CDATA[<p>In Africa, the number of people who accept cryptocurrencies has grown over the last few years, even though the continent doesn&#8217;t have a good financial infrastructure and has inflation and uncertain government policies. In a recent survey done by CoinGecko, Nigerians were found to be the most interested in cryptocurrencies. Residents of Nigeria searched for [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/09/05/initial-negotiations-for-crypto-friendly-zone-in-nigeria/">Initial Negotiations for Crypto-Friendly Zone in Nigeria</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In Africa, the number of people who accept cryptocurrencies has grown over the last few years, even though the continent doesn&rsquo;t have a good financial infrastructure and has inflation and uncertain government policies. In a recent survey done by CoinGecko, Nigerians were found to be the most interested in cryptocurrencies. Residents of <a href="https://cryptoupdate.io/2021/11/09/why-crypto-traders-funds-got-discontinued-in-nigeria/">Nigeria</a> searched for the phrases &ldquo;<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a>&rdquo; and &ldquo;buy <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>&rdquo; more than residents of any of the other 14 nations that were studied. </p>



<p>Also, in October 2021, Nigeria introduced eNaira, which was the country&rsquo;s first digital currency issued by the central bank. This project is meant to help people in Nigeria who don&rsquo;t have bank accounts by getting them to sign up. </p>



<h2 class="wp-block-heading" id="h-meeting-in-nigeria">Meeting in Nigeria</h2>



<p>The Nigerian government and the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> exchange <a href="https://cryptoupdate.io/2022/07/19/binance-overhauls-coinbase-it-holds-huge-bitcoin/">Binance</a> met for the first time to talk about the possibility of setting up a special economic zone in Nigeria that would help blockchain technology and <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> companies. The authorities are said to have had preliminary talks with the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> exchange Binance and the tech company Talent City about the proposed digital city, which is also called a &ldquo;Virtual Free Zone&rdquo;. </p>



<p>Adesoji Adesugba, who is the managing director of NEPZA, says that the proposed zone will be the first of its kind in West Africa and will work like the virtual zones in Dubai. These zones are meant to have laws and regulations that are friendly to cryptocurrencies, as well as tax incentives for businesses that deal with them. </p>



<p>Triple A says that Nigeria has one of the highest rates of people using cryptocurrencies and that more than 22 million people in the country own cryptocurrencies. </p>



<p>Adesugba said that the zone would help Nigeria&rsquo;s digital economy grow and give more Nigerians the chance to get jobs. He added that the move was part of Nigeria&rsquo;s plan to grow its economy and that the goal was to increase the use of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> in the West African region. According to him, the change would happen right away.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/09/05/initial-negotiations-for-crypto-friendly-zone-in-nigeria/">Initial Negotiations for Crypto-Friendly Zone in Nigeria</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2022/09/05/initial-negotiations-for-crypto-friendly-zone-in-nigeria/feed/</wfw:commentRss>
			<slash:comments>1</slash:comments>
		
		
			</item>
		<item>
		<title>The crypto market cap hit $2 trillion on Monday</title>
		<link>https://cryptoupdate.io/2021/04/06/the-crypto-market-cap-hit-2-trillion-on-monday/</link>
					<comments>https://cryptoupdate.io/2021/04/06/the-crypto-market-cap-hit-2-trillion-on-monday/#respond</comments>
		
		<dc:creator><![CDATA[Anna B.]]></dc:creator>
		<pubDate>Tue, 06 Apr 2021 06:53:52 +0000</pubDate>
				<category><![CDATA[Binance Coin]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Blockfolio]]></category>
		<category><![CDATA[CoinGecko]]></category>
		<category><![CDATA[crypto market cap]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[Polkadot]]></category>
		<category><![CDATA[Reuters]]></category>
		<category><![CDATA[Tesla]]></category>
		<category><![CDATA[Visa]]></category>
		<category><![CDATA[XRP]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=279</guid>

					<description><![CDATA[<p>Thanks to the price increase in Bitcoin and several altcoins, the cryptocurrency market cap reached $2.02 trillion on Monday, April 5, Reuters reports citing CoinGecko and Blockfolio. According to the source, Bitcoin has maintained a market cap of $1 trillion for a week. Moreover, Ethereum&#8217;s market cap reached $244 billion on Monday, the source says. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2021/04/06/the-crypto-market-cap-hit-2-trillion-on-monday/">The crypto market cap hit $2 trillion on Monday</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Thanks to the price increase in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> and several altcoins, the <a href="https://www.reuters.com/article/us-crypto-currency-marketcap/cryptocurrency-market-cap-hits-record-2-trillion-bitcoins-at-1-1-trillion-idUSKBN2BS1I7" target="_blank" rel="noreferrer noopener nofollow">cryptocurrency market cap reached $2.02 trillion</a> on Monday, April 5, Reuters reports citing CoinGecko and Blockfolio. According to the source, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> has maintained a market cap of $1 trillion for a week. Moreover, Ethereum&rsquo;s market cap reached $244 billion on Monday, the source says.</p>



<p>However, not only the two largest cryptocurrencies have seen a price increase. Binance Coin (BNB), the third-largest <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>, is up by over 10% in the past 24 hours. In addition, it is up by almost 40% in the past 7 days, per <a href="https://coinmarketcap.com/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap.com data</a>. The fifth and the sixth-ranked cryptos Polkadot (DOT) and Ripple&rsquo;s XRP increased in price by over 31% and 50% in the past 7 days, respectively.</p>



<p>Increasing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> adoption could be the reason why <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> and altcoins post gains. Two of the world&rsquo;s leading investment banks, Goldman Sachs and Morgan Stanley, started <a href="https://cryptoupdate.io/2021/04/02/goldman-sachs-to-offer-digital-asset-investment-vehicles-to-wealthy-clients/" target="_blank" rel="noreferrer noopener">offering access to digital assets for their wealth management clients</a>. Payment networks <a href="https://cryptoupdate.io/2021/03/29/visa-will-support-crypto-payments/" target="_blank" rel="noreferrer noopener">Visa</a> and <a href="https://cryptoupdate.io/2021/03/31/paypal-announced-crypto-payments-support/" target="_blank" rel="noreferrer noopener">PayPal</a> have introduced <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> payment support. Moreover, automaker <a href="https://cryptoupdate.io/2021/03/24/bitcoin-price-jumps-after-tesla-announces-accepting-it-as-payment/" target="_blank" rel="noreferrer noopener">Tesla started accepting Bitcoin for payments in the U.S</a>.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2021/04/06/the-crypto-market-cap-hit-2-trillion-on-monday/">The crypto market cap hit $2 trillion on Monday</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2021/04/06/the-crypto-market-cap-hit-2-trillion-on-monday/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
