Crypto DeFi platforms reduce risk as Fidelity, Brazil and Stripe help push adoption

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City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved up steadily throughout this past week, from around $16,000 seven days ago to now trade at around $17,300. The cryptocurrency moved up as the market is seemingly stabilizing. Ethereum’s Ether, the second-largest cryptocurrency by market cap, traded in a similar way, starting the week at $1,150 and moving steadily up to now trade at $1,290. ETH tested the $1,300 resistance more than once over the week. Headlines in the cryptocurrency space this week focused on new developments surrounding collapsed cryptocurrency FTX …

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