What are the current trends in cryptocurrency?
Currently, some major trends include the rise of decentralized finance (DeFi), NFTs, and increased institutional investment.
Can you explain what DeFi is?
DeFi, or decentralized finance, refers to financial services using smart contracts on blockchains, eliminating intermediaries.
What impact do NFTs have on the cryptocurrency market?
NFTs have created new markets and opportunities for artists and creators, driving interest and investment in cryptocurrencies.
Are there any risks associated with investing in cryptocurrencies?
Yes, risks include market volatility, regulatory changes, and potential security issues with exchanges and wallets.
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