Finance Redefined: The crypto renaissance is finally here, March 3–17

DeFi and crypto have weathered the storm, looking poised for a fiery 2021.
Editor’s noteAfter taking a bit of a break and skipping a week for the newsletter, I’ve returned with the feeling that something big is brewing for the crypto space.To people who follow me on Twitter or here, it is probably no secret that I believe the fate of the crypto market is strongly tied to that of the tech sector and stock market as a whole. After showing really strong signs of a pending crash, it seems that markets are well on their way to a recovery. If you look at the S&P 500, it’s actually been making new highs last week. The actual source of the uncertainty was the Nasdaq 100, the tech-heavy index, which is now making a solid recovery as well.A favorable stock market environment is key to maintaining the crypto bull run. We obviously don’t know how long all this will last, but it seems that the initial panic subsided and likely won’t return for at least a month or two. As always, not financial advice and I may very well be wrong.The stock market recovery has of course been reflected in the crypto markets as well. Over these past few weeks, I’ve realized just how far crypto has come in popular perception. NFTs have a lot to do with that reputation improvement, although I can’t imagine it being the only demand driver like with 2017 ICOs. …
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