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Crypto for Advisors: What is DeFi?

Decentralized Finance (DeFi) is a system of financial applications that enables individuals to manage their digital assets without intermediaries, harnessing the technology of permissionless blockchains. A study by the DeFi Education Foundation found that while 18% of Americans have engaged with cryptocurrencies, only 3% are familiar with DeFi. However, a significant number express interest in the potential of DeFi for facilitating financial transactions without third-party involvement. This reflects frustration with the current financial system, as many feel it does not meet their needs. Financial advisors have an opportunity to guide clients in understanding DeFi and its investment possibilities. The report also highlights trends such as the tokenization of real-world assets and the fusion of AI with DeFi, which is paving the way for more innovative financial solutions. As adoption remains in the early stages, the ability of financial professionals to educate clients will be crucial for capturing the interest of the next generation of investors.

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Robinhood, Coinbase Lead Crypto Stock Plunge as Investors Fret Over Macro Concerns

Crypto stocks, including Robinhood and Coinbase, tumbled as macroeconomic uncertainties dominated investor sentiment. Robinhood shares fell by over 7%, following a drop of more than 9% earlier, despite reporting better-than-expected earnings. Coinbase also saw a decline of over 6%. The falls come amid broader market pressures, with concerns over a

Robinhood, Coinbase Lead Crypto Stock Plunge as Investors Fret Over Macro Concerns

Crypto stocks plunged as macroeconomic worries intensified, particularly related to a prolonged government shutdown and weak job data. Robinhood's shares fell over 9% during trading, reaching a low not seen in two weeks, despite a recent positive earnings report. Coinbase also dropped more than 6%, with other firms

Robinhood, Coinbase Lead Crypto Stock Plunge as Investors Fret Over Macro Concerns

Robinhood and Coinbase saw significant stock declines as the broader crypto market faced losses amid ongoing macroeconomic uncertainties. Robinhood's shares dropped over 7%, reaching a low not seen in more than two weeks, following its recent Q3 earnings report which had exceeded analysts' expectations. Coinbase's

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