Standard Chartered Says Bitcoin Must Hold the Line for DeFi to Beat TradFi
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee! Standard Chartered’s latest market note is not just about price targets. Geoff Kendrick, the bank’s Head of FX and Digital Assets Research, says Bitcoin now carries the weight of DeFi’s future. If it collapses, so could the dream of decentralized finance.
Standard Chartered’s Head of FX and Digital Assets Research, Geoff Kendrick, has warned that DeFi’s future hinges on one crucial condition: that Bitcoin remains structurally sound.
Speaking ahead of the Singapore FinTech Festival (SFF), Kendrick…
