Crypto markets have been experiencing an incredible surge in the last week, with Bitcoin and Ethereum prices rising by 20%. Speculation around the potential heights of these digital currencies has skyrocketed in light of this activity.
More and more people are turning to crypto as a means to protect their wealth and take advantage of new opportunities. It is essential to understand the full power that these markets have.
Could this be only the beginning of something much bigger?
On January 15th, the total market capitalization increased by 0.53% to reach $2 trillion. At the same time, the 24-hour trading volume decreased by 16.66% to reach $84.28 million. Decentralized finance (DeFi) had a total of $12.76 billion, making up 15.14% of all cryptocurrency trading within the last 24 hours, while stablecoins were valued at $67.57 trillion or 80.17% of all cryptocurrency trading.
US Universities Start Teaching Crypto
The University of Texas, one of the most prestigious American institutions, recently announced that it would offer a course on Bitcoin programming. Students will be able to make a real difference in the lives of others, create their own library and discover the secrets of Bitcoin.
On January 13th, Professor Korok Ray announced that the course would start on January 17th, with the spring semester beginning. Ray also provided a 4-part explanation on Twitter about Bitcoin programming, and the details needed to construct a library from scratch.
This will help to increase the future demand for cryptocurrency, and its subsequent adoption, greatly benefiting its promoters.