What goes up must go down. WonderFi CEO Ben Samaloo said the 2021 Bitcoin surge was postponed due to a fix.
“If there is excessive enthusiasm for Bitcoin’s rising price behavior, I think we’ll see more fixes when certain events occur,” Samaroo told Kitco News anchor David Lin. ..
The outlook for monetary tightening may have influenced recent cryptocurrency price adjustments.
“The Federal Reserve’s plans to raise interest rates are important macro factors affecting the market and affecting Bitcoin, and these types of things investors should keep in mind are very small. It’s important, “he said.
WonderFi is a DeFi platform that “aggregates and simplifies all these great things that are happening at DeFi. That is, it is a transaction on a decentralized exchange that lends and borrows, an index that covers the entire DeFi market. You can get a yield on your assets by making purchases and so on, “says Samaroo.
WonderFi is recently Bitbuy Technologies Inc. First Ledger Corp, the parent company of. Agreed to acquire.
See the interview above for more information on the terms of the acquisition and the future of the merger and acquisition in the DeFi and crypto sectors.
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