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    You are at:Home»Markets»Market Review»Daily market commentary from 16.12.2020
    market commentary

    Daily market commentary from 16.12.2020

    By Patrick Heusser on 16. December 2020 Market Review

    An overview of what is happening in the crypto markets, summarised daily by Crypto Finance AG Senior Trader Patrick Heusser in the market commentary.

    Market commentary

    Good Morning!

    Aaron Wright has presented DeFi to the Commodity Futures Trading Commission (CFTC) in a very straightforward way.

    This is the way forward, ensuring that regulators have the chance (note: I am not saying to catch up) of staying informed in the most professional way. The presentation is roughly 60 pages long, and I can recommend it to everyone who is really interested in decentralised finance. Also, if you want to understand and build bridges between traditional and decentralised finance.

    Aaron walks you through the main blocks (or sectors) of the DeFi ecosystem. He also mentions a few protocols for each sector, so you can start googling them right away, and dive straight into the topic.

    Last but not least, he outlines the regulatory framework, which will come into play if the DeFi sector wants to grow beyond being a niche market.


    Copyright © 2020 | Crypto Broker AG | All rights reserved.

    All intellectual property, proprietary and other rights and interests in this publication and the subject matter hereof are owned by Crypto Broker AG including, without limitation, all registered design, copyright, trademark and service mark rights.

    Disclaimer

    This publication provided by Crypto Broker AG, a corporate entity registered under Swiss law, is published for information purposes only. This publication shall not constitute any investment  advice respectively does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction. This publication is not intended for solicitation purposes but only for use as general information. All descriptions, examples and calculations contained in this publication are for illustrative purposes only. While reasonable care has been taken in the preparation of this publication to provide details that are accurate and not misleading at the time of publication, Crypto Broker AG (a) does not make any representations or warranties regarding the information contained herein, whether express or implied, including without limitation any implied warranty of merchantability or fitness for a particular purpose or any warranty with respect to the accuracy, correctness, quality, completeness or timeliness of such information, and (b) shall not be responsible or liable for any third party’s use of any information contained herein under any circumstances, including, without limitation, in connection with actual trading or otherwise or for any errors or omissions contained in this publication.

    Risk disclosure

    Investments in virtual currencies are high-risk investments with the risk of total loss of the investment and you should not invest in virtual currencies unless you understand and can bear the risks involved with such investments. No information provided in this publication shall constitute investment advice. Crypto Broker AG excludes its liability for any losses arising from the use of, or reliance on, information provided in this publication.

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    About the author

    Patrick Heusser

      Patrick Heusser is Head of Trading at Crypto Broker AG. Prior to joining the company, Patrick worked as an Interest Rate Trader at UBS and held various positions in the IRCC (interest rate, commodity and foreign exchange trading) in London, New York, Singapore and Zurich. Patrick is an expert in trading and risk management. He also gained experience in other areas, such as building start-up companies. Patrick has a degree in banking from a business school. He has also taken various courses in technical chart analysis.

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