Crypto Derivatives Might Drive a New Cycle of Mass Adoption

Cointelegraph

Published Jun 28, 2020 02:00PM ET

Updated Jun 29, 2020 09:00AM ET

Like every maturing industry, the cryptocurrency market is experiencing extensive developments on many fronts. The potential continues growing every year — from the emergence of initial coin offerings, the first blockchain-based projects and speculation on Bitcoin’s (BTC) price to decentralized finance and central bank digital currencies.

Crypto has never run out of hot topics. Now, in 2020, the crypto asset field is no longer regarded as just another “dot-com bubble.” The subject is gaining more traction over the globe, and as COVID-19’s emergence has streamlined digital assets and crypto’s popularity, mainstream acceptance is just a few steps away. The derivatives market play may be too complicated for mainstream users, but it’s one of the currently popular directions that must not be neglected.

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