574
Views
0 CommentsDecentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….
The Palestinian Monetary Authority is researching the possibility of issuance of its own digital currency, which would provide a symbolic move to monetary independence from Israel. PMA plans to use European funds to boost the private sector, but experts are skeptical about this new adventure. This step would include Palestine on the list of other…
CoinShares CSO Meltem Demirors sees the current fall of the crypto market as a correction that will shake out weaker investors. A crypto strategist and known Bitcoin bull Meltem Demirors believes that the ongoing crypto collapse is just an ordinary correction, which would wipe out investors with “paper hands.” She pointed that Bitcoin has always…
The chief investment officer of the Guggenheim Partners investment firm, Scott Minerd, warned on Friday that Bitcoin could step down at $10,000 to $15,000. This February, the now-bearish expert was much more optimistic. In the interview on CNBC, the expert of the multi-billion dollar investment firm said that investors shouldn’t be “anxious to be putting…
Want to invest in crypto, understanding the risks? CNBC Make It explains what you need to know about cryptocurrency-based DeFi. Despite their wider access to resources, even billionaire investors aren’t immune to risks when it comes to decentralized finance (DeFi). That includes the case of Mark Cuban, who revealed on Wednesday that a DeFi token…
In Venezuela’s economy, disrupted by hyperinflation and United States sanctions, cryptocurrency is a way to provide services and a tool to send remittances, protect wages from inflation and help businesses manage cash flow, Al Jazeera reported. Cryptocurrency in Latin America has attracted attention again in June after El Salvador adopted Bitcoin as legal tender. Its…
