Cryptocurrency Exchange Cryptocurrencies defi FTX exchanges Cryptocurrency Exchange

FTX showed the value of using DeFi platforms instead of gatekeepers

Reading now: 198

The rapid implosion of FTX has led general investors and crypto believers alike to question the validity of crypto and, indeed, predict its end.

But, an understanding of history points not to crypto’s demise but rather a move toward new technology and growth. Financial markets move, as Willie Nelson once said, in phases and stages, circles and cycles.

Companies develop ideas, grow quickly, ignite unwarranted investor euphoria and then implode — only to seed the ground for the next company, the next idea and the next growth phase.

Crypto is no different. In 2010, an unknown person famously used Bitcoin (BTC) to buy pizza. After its initial launch, market capitalization grew to more than $12 billion when Mt.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News