Some extremely exciting data I came across in the most recent market research report released by crypto .com.
Investors are demonstrating a healthy response in the aftermath of the startling events of the FTX collapse. DEXs eating up spot trading volume may be a sign that the industry is slowly being driven away from centralization towards decentralized alternatives that can provide increased asset security. Which is a positive market response that demonstrates people understanding that FTXs faults are not the faults of the technology. Instead they were a symptom of centralization, mismanagement and excessive risk.
Decentralization will eat the world.
This is and always will be what I stand by. Because decentralization is a vote for equitability and autonomy for investors around the globe.
Excited to see whether this trend continues over the course of 2023 and whether new DeFi primitives emerge to capitalize on the hunger for trustworthy decentralized options.
Decentralization Will Eat The World.
Subscribe to the CryptoWeekly Newsletter
Get the top stories, funding deals, technical analysis, cryptocurrency jobs and much more delivered to your inbox, every Monday morning.
April 28,2024
Bitcoin Floats Around $64K As Altcoins See Red
April 27,2024
Eminem Gets Involved With Crypto Through New Ad
April 26,2024
ConsenSys Fights Back Against The SEC And Initiates Legal Action
April 26,2024
Popular Crypto Influencer Sentenced To Seven Years In Prison
April 25,2024
Solana Community Looks Forward To Much Needed Update
April 25,2024
Bitcoin Makes History By Becoming The Scarcest Asset In The World
April 24,2024
HBAR Skyrockets After BlackRock Successfully Tokenizes MMF On Hedera
April 24,2024
Jack Dorsey Will Tap Into Africa For New Bitcoin Mining Initiative
April 23,2024
12 Solana Meme Coin Projects Listed As Scams By ZachXBT
April 23,2024
Drama At The SEC As Two Lawyers Accused Of Cheating In Crypto Case
April 22,2024
Crypto Community Highly Concerned About Section 702 Renewal
April 22,2024