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

European Union. Retail Sales (YoY). The value of the indicator has decreased from 1.6% to 0.6%
6 August
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.3%
6 August
European Union. PPI (YoY). The value of the indicator has decreased from 5.9% to 4.4%
5 August
European Union. PPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
5 August
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
Top news
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.3%
6 August
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
All news

Forecasts

GBPUSD buy
Period: 30.09.2026 Expectation: 750 pips
Buying GBPUSD with 1.3600 in sight
FA Other TA Other
Today at 11:18 AM 6
Bruce_Powers
AUDUSD buy
Period: 25.08.2026 Expectation: 960 pips
Invest in AUDUSD up to 0.71700 as greenback loses ground
Indicators and reports Technical analysis Indicators Chart analysis Fundamental analysis
Today at 09:39 AM 9
Lyra_Moonwell1
Tesla Inc buy
Period: 01.09.2026 Expectation: 3200 pips
Invest in Tesla stock with $370 in view
Indicators and reports FA Other Hot news Chart analysis
Today at 09:03 AM 6
Reed_Marcus
BTCUSD sell
Period: 25.08.2026 Expectation: 1610 pips
Sell BTCUSD down to $62,500 amid ETF capital outflows
Indicators and reports Technical analysis Hot news Indicators Fundamental analysis
Today at 06:06 AM 14
Emily_Foster
Brent buy
Period: 01.09.2026 Expectation: 530 pips
Buying Brent crude with $95 target
Indicators and reports FA Other Hot news Chart analysis
Today at 06:04 AM 11
Sinclair_John
Brent buy
Period: 31.08.2026 Expectation: 600 pips
Invest in Brent crude up to $88.60
TA Other Chart analysis
Yesterday at 01:14 PM 24
Bruce_Powers
Go to forecasts