Bitcoin and DeFi Gears To Have Great Future Ahead, Analyst Says

Bitcoin and DeFi Gears To Have Great Future Ahead, Analyst Says
  • Dan Held, a former ‘Bitcoin maximalist,’ sees a place for DeFi in the future of cryptocurrencies.
  • Dan Held will be the brand ambassador in a part-time role where he can elevate both Kraken and Bitcoin.
  • Bitcoin maximalist believes that bitcoin is the only decentralized digital currency in the crypto market.

According to recent reports, Dan Held, the long-time Bitcoin(BTC) backer, has stepped down from the role of the director of growth at crypto exchange Kraken to join the DeFi space.

Read CRYPTONEWSLAND on Google News google news

Dan Held will be taking part in the DeFi space as the brand ambassador in a part-time role. Held will also be taking the marketing role in the Bitcoin platform.

Furthermore, Held has been with Kraken for over two years and was a big proponent of the company’s acquisition of Crypto Facilities.

Kraken platform on Wednesday posted on its website that it does not intend to do any layoffs and is going ahead with its original hiring plan. The platform earlier said that it had more than 500 roles this year. According to Coinmarketcap, the Kraken is the fourth-largest crypto exchange by trading volume.

According to Dan held, Bitcoin is the only digital token that will be available in the future, this is because BTC has been the most successful thus far. Bitcoin maximalists hold the belief that the Bitcoin network will provide everything that investors want in a digital currency in the future.

In other related news, the first UFC will be paid in Bitcoin(BTC) for an upcoming event. The deal was announced by Bitcoin.com, a crypto news website, and the world’s largest mixed martial arts promotion company.

This is a big step for Bitcoin and cryptocurrency, as it has been trying to enter the mainstream for years now. The fact that a large company like UFC is willing to be paid in Bitcoin shows that the cryptocurrency is slowly but surely gaining mainstream adoption.

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts