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Watch: Bitcoin rallies, Meta reports $2.8B metaverse loss, and what’s next for DeFi: CNBC Crypto World (youtube.com)
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Dan Morehead, CEO of Pantera, discusses why he says DeFi protocols performed flawlessly during the crypto downturn.

00:00 - CNBC Crypto World, July 28, 2022
0:23 - Crypto prices rally
1:17 - The headlines
3:26 - Dan Morehead of Pantera Capital

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Bitcoin rallies, Meta reports $2.8B metaverse loss, and what’s next for DeFi: CNBC Crypto WorldChaptersVIEW ALLhqdefault_11133.jpg?sqp=-oaymwEcCNACELwBCNBC Crypto World, July 28, 20220:00hqdefault_43033.jpg?sqp=-oaymwEcCNACELwBCrypto prices rally0:23hqdefault_85066.jpg?sqp=-oaymwEcCNACELwBThe headlines1:17hqdefault_226233.jpg?sqp=-oaymwEcCNACELwDan Morehead of Pantera Capital3:26Show lessComments814
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    Francisco Gimeno - BC Analyst Many try to find solace on crypto prices slightly increasing. We have to see yet what will happen. But if it serves at least to change the negative mood is good enough. The results of big tech companies involved in development of the Metaverse are horrendous, what is normal in fact as this is going to be a very complicated technological development and huge amounts of money are needed. The phase now is very primitive yet. If you look at how Metaverse is shown in Meta for instance, is like those making it possible have never played a game of last generation.

    Interesting comments from the CEO of Pantera on DeFi, a positive assessment of almost all DeFi platforms in the face of a bad bear market. According to him this shows that there are platforms which have good foundations. Interesting opinions which we invite you to listen.