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ROLLUP: Coinbase NFTs | Bitcoin ETF | DeFi 2.0 | Andrew Yang | Joe Biden

Bankless

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Crypto Market Dynamics and DeFi Innovations

This chapter explores the evolving landscape of cryptocurrency, focusing on the price movements of Bitcoin and Ethereum in anticipation of a Bitcoin ETF approval. It also delves into the current state of DeFi, highlighting innovative yield farming practices and significant growth in assets locked within DeFi protocols. Furthermore, the discussion covers institutional preferences for Ethereum over Bitcoin, the global adoption of cryptocurrencies, and the implications of Ethereum's transition to proof of stake.

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