Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
14 March 2025 | Bitcoin

Binance Research sees high potential for Bitcoin DeFi

BTCEUR
BTCUSD
Binance Research sees high potential for Bitcoin DeFi

Bitcoin's role in decentralized finance (DeFi) is growing, Binance Research analyst Moulik Nagesh reports. The Bitcoin DeFi ecosystem allows users to conduct various financial transactions with the largest cryptocurrency without a third party.

Currently, only 0.8% of BTC tokens is used in DeFi. However, even such a small share of tokens in the ecosystem could provide a major boost to the industry's growth. It could reach $1 trillion in the future, Julian Love of Franklin Templeton Digital Assets believes.

However, this will require the development of the Bitcoin network, namely Layer 2 solutions, which can enhance performance while reducing transaction fees. With the right approach to this issue, the potential of Bitcoin DeFi is huge, Nagesh notes.

Elena Berseneva MarketCheese

Recommended

United States. Natural Gas Storage. The value of the indicator has increased from 59B to 103B
23 April
United States. Manufacturing PMI. The value of the indicator has increased from 52.3 to 54
23 April
United Kingdom. Manufacturing PMI. The value of the indicator has increased from 51 to 53.6
23 April
United Kingdom. Composite PMI. The value of the indicator has increased from 50.3 to 52
23 April
European Union. Markit Composite PMI. The value of the indicator has decreased from 50.7 to 48.6
23 April
Top news
European Union. Manufacturing PMI. The value of the indicator has increased from 51.6 to 52.2
23 April
European Union. Trade Balance. The value of the indicator has increased from -1B to 11.5B
17 April
European Union. CPI (MoM). The value of the indicator has increased from 1.2% to 1.3%
16 April
United States. PCE price index (YoY). The value of the indicator remained at the same level of 2.8%
9 April
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 3.1% to 3%
9 April
All news

Forecasts

AUDCAD buy
Period: 08.05.2026 Expectation: 800 pips
Investing in AUDCAD with 0.98500 in sight
FA Other Indicators and reports Chart analysis Hot news
24 April 2026 22
Reed_Marcus
Brent buy
Period: 01.05.2026 Expectation: 700 pips
Brent crude is correcting amid pre-weekend profit-taking
FA Other Technical analysis TA Other Indicators Fundamental analysis
24 April 2026 46
Lyra_Moonwell1
GBPUSD sell
Period: 24.06.2026 Expectation: 4600 pips
Selling GBPUSD ahead of BoE meeting
FA Other Indicators and reports Chart analysis Hot news
24 April 2026 25
Sinclair_John
S&P 500 sell
Period: 30.04.2026 Expectation: 750 pips
SPX sell-off targets 7,050
FA Other TA Other
24 April 2026 20
McCarthy_Raymond
USDCAD buy
Period: 01.05.2026 Expectation: 840 pips
USDCAD is poised to take breather by week’s end before resuming its rise
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
24 April 2026 19
Emily_Foster
USDJPY sell
Period: 30.04.2026 Expectation: 1150 pips
Selling USDJPY down to 158.500 as resistance looms
FA Other Technical analysis TA Other Indicators Fundamental analysis
23 April 2026 35
Lyra_Moonwell1
Go to forecasts