“Grayscale’s victory over the SEC has a direct impact on Bitcoin and the crypto market, but has no such connection with DEFI,” said a specialist

In a conversation with Cointelegraph en Español, decentralized finance (DeFi) specialist Marc Pérez explained his vision on the current growth of the DeFi market. The intention was to understand that Development of the cryptocurrency ecosystem with a particular focus on decentralized finance.

Pérez pointed this out DeFi represents just a small niche in the vast world of crypto asset investments and which has not yet achieved great popularity.

• High interest rates are exactly what the cryptocurrency market needs

He offered a look back and remembered the rise of DeFi in late 2020 with the emergence of “yield farming” projects that promised high returns at minimal costs. Back then, before the boom, The market capitalization was $1 billion..

Read the full article on Cointelegraph

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