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.
May 16,2024
Sexual Misconduct Claims Lead To Eclipse CEO Being Replaced
May 16,2024
Chinese Authorities Initiate Crackdown On Massive Operation Linked With Tether
May 15,2024
Geothermal Energy Investment Pays Off For El Salvador As The Country Mines Over 470 BTC
May 15,2024
PEPE Leaves Everyone In The Dust After Reaching New All-Time High
May 14,2024
OKX Is Transitioning To Australia Due To Friendly Local Crypto Environment
May 14,2024
GameStop Meme Coin Skyrockets As Solana Experiences Significant Gains
May 13,2024
Mark Cuban Shuts Down Crypto Critic And Blames SEC For FTX Fiasco
May 13,2024
FRA Gets Chosen By DOJ To Oversee Binance Settlement
May 13,2024
Web3 Fundraising Deals - May 07th to May 13th, 2024
May 12,2024
Bitcoin Floats Around $61K As Inflation Concerns Continue
May 11,2024
Spot BTC ETF Holdings Disclosed By JPMorgan And Wells Fargo
May 10,2024