Cryptocurrency
DeFi as a solution in times of crisis

The 2020s have been a challenging decade so far, yet the transformative power of blockchain technology offers a better path forward.
Born from crisis
Around the globe, times are tough for many everyday people. Increases in cost of living minimized any growth in wages last year as inflation continues to take its toll. Additionally, world powers such as China and Russia are increasingly challenging the dominance of the USD as geopolitical tensions flare up.
In this precarious new world, decentralized cryptocurrencies can potentially be a source of stability and freedom. Bitcoin first emerged in the wake of the 2008 banking crisis and the impact of events like the Lehman Brothers collapse is evident in the writings of Bitcoin’s pseudonymous creator Satoshi Nakamoto.
While the subprime mortgage crisis was in full swing in February 2009, Nakamoto proposed an “e-currency based on cryptographic proof” that enables secure and effortless transactions without the need for a trusted third-party middleman. But has crypto lived up to its promise so far, and can DeFi help solve the ongoing instability of the 2020s?
A better system is possible
Cryptocurrencies like Bitcoin indeed help overcome issues with the current banking and monetary system in several different ways. For example, self-custody of DeFi assets protects individual investors against risks like institutional insolvency and bank runs. The collapse of Silicon Valley Bank in March 2023 shows that even large banks are still vulnerable to failure. But instead of requiring trust that their money is still there, Web3 users can verify their holdings directly on chain.
Additionally, blockchain technology allows for a more efficient and decentralized financial landscape. The peer-to-peer network pioneered by Bitcoin means that investors can hold their own assets and transact directly with no middlemen and significantly lower fees. And unlike with traditional banks, the rise of DeFi sectors like DEXs, lending and liquid staking means individuals can now have full control over exactly how their deposited assets are used.
Inflation is yet another ongoing problem that crypto and DeFi help solve. Unlike fiat currencies, cryptocurrencies like bitcoin have a fixed total supply. This means that your holdings in BTC cannot be easily diluted like if you hold a currency such as USD. While a return to the gold standard of years past is sometimes proposed as a potential solution to inflation, adopting crypto as legal tender would have a similar effect while also delivering a range of other benefits like enhanced efficiency.
CBDCs: A potential alternative?
As global superpowers battle for financial supremacy, everyday people around the world can benefit from decentralized and censorship-resistant assets like Bitcoin. Yet because cryptocurrencies pose a threat to the dominance of the current monetary system, many governments are taking measures to issue their own centralized digital currency.
Institutions such as the Federal Reserve and European Central Bank have been actively exploring the issuance of Central Bank Digital Currencies (CBDCs). In some ways, it is possible to equate the benefits of CBDCs with the utility of crypto. For example, a so-called digital dollar could help deliver faster and cheaper transactions while expanding access to the financial system.
However, CBDCs lack several of the key benefits of cryptocurrency. For one, they are still highly centralized like traditional fiat currencies. This means that true self-custody is not possible and your assets can be frozen by financial authorities at any time. CBDCs may also not help stem issues with inflation since they still allow central banks to print money through measures like quantitative easing. Overall, CBDCs only deliver a fraction of the benefits of decentralized cryptocurrencies.
Why not CEXs?
The Web3 community proposes a better alternative. With decentralized cryptocurrencies like Bitcoin, ordinary people can enjoy the benefits of digital money without facing the same problems that plague existing fiat currencies. Especially in times of crisis, DeFi is a great way to keep your money secure and under your direct control. Yet in order for DeFi to truly explode, the user experience needs to catch up with centralized finance.
Currently, the easiest way to buy and send crypto is with a centralized exchange (CEX). Like CBDCs, users of platforms like Coinbase and Binance must sacrifice some transparency and decentralization for a streamlined user experience. But events like the FTX collapse show centralized exchanges can become over-leveraged and insolvent just like traditional banks. Since many users are unaware of the advantages of DeFi and self custody, further education is key.
While writing down your seed phrase in a secure location is harder than quickly making an account on a CEX, the benefits are definitely worth it. When you have self custody, you can always track your assets directly on the blockchain and even move your funds to a hardware wallet for extra security. Plus, investors can make solid passive income on their investments at the same time with low-volatility DeFi strategies such as stablecoin farming.
DeFi could be the answer
In addition to continued instability within our financial system, the 2020s have also featured a heightened level of geopolitical turmoil. However, decentralized finance offers the chance to safeguard our financial freedom. We must stand up together to build a fair digital economy and a better fiscal world. While DeFi already offers a range of revolutionary opportunities for small investors, the community needs to keep pushing for more applications, improved education and a better user experience in order to achieve worldwide mass adoption.
Bitcoin helped pioneer this new era, but the future envisioned by Satoshi Nakamoto requires our continued efforts. Once the mainstream population can access DeFi as easily as walking into a traditional brick and mortar bank, the sky is the limit for Web3 adoption. In the meantime, it’s important to maintain a critical lens about the potential downsides of CEXs and government attempts to replace crypto with their own watered-down digital currencies.
The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation.
Wolfgang Rückerl is the CEO of Istari Vision and Entity.global. His expertise is in Web3 startups, DeFi and GameFi.
This article was published through Cointelegraph Innovation Circle, a vetted organization of senior executives and experts in the blockchain technology industry who are building the future through the power of connections, collaboration and thought leadership. Opinions expressed do not necessarily reflect those of Cointelegraph.
Cryptocurrency
Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards

[PRESS RELEASE – Dubai, UAE, June 27th, 2025]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched an exclusive limited-time event empowering users to buy crypto with over 25 local fiat currencies — bringing seamless access to digital assets to a broader global audience.
With just a few clicks, users can now purchase USDT, BTC, ETH, and more directly with their credit cards, while benefiting from real-time currency conversion and cashback of up to 10 USDT.
To further sweeten the deal, new users making their first transaction in a newly accepted currency will also receive an additional 5 USDT bonus, stackable with the cashback reward.
The supported local currencies include: PKR, ETB, ARS, LKR, RWF, AOA, KGS, MAD, AMD, TJS, ZMW, TZS, MZN, TMT, JOD, MWK, PYG, BTN, BHD, MVR, HNL, MGA, GTQ, CRC, and UYU.
This initiative shows Bybit’s goal to make crypto accessible everywhere. By making it easier to convert local currencies into crypto, more people can join the Web3 space with ease and confidence.
To participate, users simply need to visit the “One-Click Buy” page on Bybit’s platform, select their desired digital asset and payment currency, and link a Visa or Mastercard. Eligible participants must have completed Level 1 Individual Identity Verification or Business Verification.
Users should note that this offer is not available to customers in the European Economic Area. Full terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
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Cryptocurrency
Crypto Price Analysis June-27: ETH, XRP, ADA, SOL, and HYPE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.
Ethereum (ETH)
Ethereum closed the week with a 5% loss, but it managed to stay above the $2,400 support after a volatile period. This puts it back into a range that has been ongoing since early May, despite a brief visit to $2,100 recently.
On the daily timeframe, the MACD is about to create a bullish cross. If confirmed later, this could serve as a catalyst for higher price levels. The current resistance is found at $2,800, and buyers have to break above it if they want ETH to enter a sustained rally.
With Bitcoin sitting comfortably above $100K, the market remains optimistic. Ethereum could be a good performer in the second half of 2025, considering it has already completed a major correction between January and April of this year.
Ripple (XRP)
XRP is starting to resemble a stablecoin after its price has been hovering around $2 for months. Despite closing the week with a 4% loss, buyers continue to defend the support at $2 well.
In light of this flat trend, the momentum indicators are not very helpful in assessing direction. A much better indicator in such situations is the volume, which has been in decline since the ATH from December 2024. A falling volume is usually bearish, but unless the key support breaks, it’s too early to call it.
Historically, XRP has never stayed above $2 for this long. While this is encouraging, its 2024 rally from $0.5 to $3 happened in one month. This has left a huge gap on the weekly chart, which could be filled later. This hints at a drop under $2 as a likely possibility.
Cardano (ADA)
There were high hopes for ADA in 2025 after it ended 2024 with an impressive rally that took it to $1.3. Holders were hoping this price action would continue this year, but they were met with a long and painful downtrend that has been ongoing for six months now.
Only this week, this cryptocurrency fell by 7% which pushed it close to 55 cents. If selling intensifies, then the next key levels of support will be found at $0.50 and $0.45. At this time, bears continue to dominate, which makes lower prices likely.
Looking ahead, Cardano is competing in a very crowded market and struggles to attract much-needed attention. The volume shows selling has intensified lately, which only reinforces a bearish bias at this time.
Solana (SOL)
Solana fell by 4% this week, and buyers are currently trying to reclaim the resistance at $152. Their last two attempts were swiftly rejected by sellers who always returned in force, around $150. This shows aggressive selling into any buys, which is bearish.
On the positive side, the daily MACD shows the start of a bullish cross. If confirmed in the coming days, this could give bulls another opportunity to reach $152. Should they fail again, then the support levels at $130 and $118 may stop any sell pressure.
With buyers struggling, Solana remains in a downtrend. To change that, the current resistance has to turn into a support so that it can act as a spring for the price to move higher.
Hype (HYPE)
HYPE closes the week in red with a modest 1% loss. Although this is negligible, the cryptocurrency will likely continue its downtrend if it fails to secure $37 as key support in the near future. This correction comes after HYPE made an ATH at $46 in early June.
Should the price revisit its support levels at $35 and $32, that could be an excellent area for buyers to return, like they did in the past. Ideally, HYPE would make a higher low and then aim to return above $40.
Looking ahead, this cryptocurrency has already corrected by 32% from its ATH, which is significant. It would be surprising to see it make new lows. If that happens, then this correction will be extended and likely see the price fall under $30.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
XRP Surpasses BTC, ETH in This Surprising Metric Despite SEC Lawsuit Roadblock

TL:DR
- Ripple’s lawsuit resolution against the US SEC will have to wait even longer as Judge Torres denied the two parties’ joint motion for an indicative ruling.
- However, this seemingly negative development has turned the community bullish on XRP, according to data from Santiment.
With crypto moving sideways, retail optimism toward Bitcoin & Ethereum has died down a bit. Meanwhile, XRP sentiment is currently at a 17-day high, in terms of positive vs. negative commentary. This has happened after a $50M settlement between Ripple & the SEC was stalled. pic.twitter.com/zJctKgEiPf
— Santiment (@santimentfeed) June 27, 2025
As the analytics company informed, the bullish vs. bearish posts on social media in regards to the fourth-largest cryptocurrency have skyrocketed to a 17-day high.
Consequently, XRP has surpassed the two biggest digital assets by market cap, bitcoin and ether, both of which are performing a lot better in terms of price actions in the past week or so.
BTC managed to reclaim the $100,000 line after its brief hiatus below it and now sits at around $107,000 as the geopolitical environment in the Middle East improved. ETH also recovered from its substantial slump and is back to $2,400.
In contrast, XRP’s price has been trading downward for weeks and is currently below $2.1 after another 3-4% daily drop. The latest setback took place yesterday following Judge Torres’s decision to deny the joint motion filed by Ripple and the SEC for a quicker resolution in their lawsuit.
Nevertheless, it’s not all doom and gloom as the XRP token saw a major adoption announcement earlier this week, as you can check here.
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