On August 15, 2024, Coinbase made waves by officially entering the Bitcoin DeFi space, marking a significant shift in the $1 trillion crypto industry..Coinbase’s move into DeFi is set to expand beyond its 100 million user base, aiming to capture the $50 billion Bitcoin DeFi market..By leveraging its robust infrastructure, Coinbase could dominate a sector that's projected to grow by 200% in the next two years..The company’s entry into Bitcoin DeFi might boost market adoption, potentially increasing Coinbase's revenue by $500 million annually..This strategic pivot raised questions and excitement about the future of decentralized finance and its impact on crypto economy..Read more stories
On August 15, 2024, Coinbase made waves by officially entering the Bitcoin DeFi space, marking a significant shift in the $1 trillion crypto industry..Coinbase’s move into DeFi is set to expand beyond its 100 million user base, aiming to capture the $50 billion Bitcoin DeFi market..By leveraging its robust infrastructure, Coinbase could dominate a sector that's projected to grow by 200% in the next two years..The company’s entry into Bitcoin DeFi might boost market adoption, potentially increasing Coinbase's revenue by $500 million annually..This strategic pivot raised questions and excitement about the future of decentralized finance and its impact on crypto economy..Read more stories