The Top 5 Defining Trends for Crypto in Late 2020

Such previously questionable practices like remote jobs or crypto payments have become of significant importance and seem like they will remain present even after the pandemic ends.

In today's world, apps for interaction with the crypto world have become advanced and straightforward enough to enable the purchase of digital assets with just a credit card.

Crypto is not for geeks anymoreThe image of cryptocurrency is changing globally faster than ever.

Institutional crypto involvement is rising as the demand for Bitcoin soars amid the coronavirus crisis, with Grayscale experiencing a drastic increase in assets this year.

One thing is undoubtedly evident: The world of mainstream users needs more convenient interfaces to interact with crypto - and they are coming.

Growing DeFi adoption Decentralized finance, or DeFi, has become one of the most prominent trends in crypto since late 2019.

Popular protocols such as Compound, Balancer, Curve and other platforms have opened the door to a whole new world of crypto opportunities for investors looking for deep liquidity, varying risk-reward ratios, and exciting, affordable modern financial instruments.

Stablecoins initiatives are still massively underappreciated throughout the world - most crypto holders are subject to volatility and counterparty risk.

We may see more problems, as hacking activity and ransom demands in crypto will not vanish anytime soon.

Looking into 2020 and beyondMany analysts make distant forecasts for the crypto field and the price of Bitcoin, envisioning the further possible trends of the next decade.