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2020 was a remarkable year for the blockchain industry as COVID-19 accelerated the digital transformation. We are Mid-way through 2021, but new developments in the blockchain industry are emerging each day. We can expect more innovative applications in blockchain based solutions and cryptocurrency trends ruling the crypto space.If you are a blockchain enthusiast, you should know the top 6 Cryptocurrency Trends That Will Change Crypto in 2021. <br>
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Top 6 Cryptocurrency Trends That Will Change the Crypto in 2021 www.bitdeal.net
DeFi: Decentralized Finance is one of the biggest trends in the blockchain industry. Is a blockchain based form of finance sector without any intermediators like brokerage , exchange and instead of that defi is based on smart contracts on blockchain.
Growth of Stablecoins: The volume of Stablecoins circulation increased by 500%. Nowadays Stablecoin is one of the trending cryptocurrency in the blockchain industry.
Tax Regulations: In this year (2021) we might see crypto standard crypto regulations that will regulate crypto activities and transactions. In the blockchain industry Tax Regulations trend will come into effect soon.
CBDC – Central Bank Digital Currency CBDC is the future payment method for the finance industry. Non-Fungible Token : The digital assets are not interchangeable. It can be used to represent things such as images , video , audio and all kinds of digital media.
5G will go Mainstream : 5G will be exclusively used for Mining Operations, The Purpose of creating 5G in crypto industry solves Networking issues for traders while trading cryptocurrencies.5G Is a high-speed network connectivity.
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