Current State Of Cryptocurrency (Part 2)

A Deep Dive: Autumn 2023

BFI: Business - Finance - Investments
5 min readOct 26, 2023

Part 1: Link

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Crypto Ultimatum β€” Follow The Methods and Multiply Your Money:

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Cryptoversity β€” Bitcoin Cryptocurrency & Blockchain Courses:

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Notable Developments

The collapse of TerraUSD and Luna: In May 2022, the TerraUSD (UST) stablecoin and its sister token Luna collapsed. This led to a loss of billions of dollars for investors and caused a major shakeup in the cryptocurrency market.

The rise of centralized exchanges (CEXs): Centralized exchanges, such as Binance and Coinbase, have become increasingly popular. This is due to the fact that they offer a more user-friendly experience and lower transaction fees than decentralized exchanges (DEXs).

Increasing investment from institutional investors: Institutional investors, such as hedge funds and pension funds, are…

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