
ROLLUP: 4th Week of March (Uniswap V3, Fidelity ETF, BTC Energy Waste, Jack Dorsey NFT)
Bankless
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Market Trends and DeFi Dynamics
This chapter analyzes the current market trends for Bitcoin and Ethereum, highlighting the volatility of Ether compared to Bitcoin and the implications for decentralized finance (DeFi). It discusses the stability of total value locked in DeFi despite price fluctuations, as well as significant on-chain metrics that reveal a disconnect between market expectations and actual fundamentals. The speakers also explore the impact of new developments, such as Fidelity's Bitcoin ETF filing, on the broader crypto ecosystem and lending platforms.
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