Share this article
BTC
$83,071.04
-
1.28%ETH
$1,788.87
-
1.66%USDT
$0.9999
+
0.03%XRP
$2.1341
-
0.51%BNB
$591.64
-
1.26%SOL
$119.09
-
3.24%USDC
$1.0003
+
0.04%DOGE
$0.1680
-
1.97%ADA
$0.6497
-
2.13%TRX
$0.2378
-
0.52%LEO
$9.0845
-
4.72%LINK
$12.69
-
2.55%TON
$3.2697
-
3.84%XLM
$0.2512
-
3.80%AVAX
$17.85
-
2.30%SHIB
$0.0₄1232
+
0.08%SUI
$2.2062
-
3.48%HBAR
$0.1616
-
2.43%LTC
$82.07
-
2.96%OM
$6.2625
-
0.85%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
DeFi Summer; Bitcoin Fall
The attention may have been with DeFi when it was warm, but as the cold winds of COVID-19 return fears and election volatility blow, bitcoin is resuming narrative dominance.
The attention may have been with DeFi when it was warm, but as the cold winds of COVID-19 return fears and election volatility blow, bitcoin is resuming narrative dominance.
STORY CONTINUES BELOW
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- Coinbase offers severance to employees who want to leave over new politics policy
- Long-term job cuts hamper any idea of V-shaped recovery
- Last chance for a stimulus package before the U.S. presidential election
Our main discussion is a narrative shift from DeFi back to bitcoin.
Over the summer, DeFi led the crypto charge. From growth in total value locked to narrative dominance to even leadership in the all important category of crypto drama, DeFi was it.
Now, as a potentially turbulent macro environment rears its head, the narrative is shifting back to a focus on bitcoin.
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
