Crypto DeFi platforms reduce risk as Fidelity, Brazil and Stripe help push adoption

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved up steadily throughout this past week, from around $16,000 seven days ago to now trade at around $17,300. The cryptocurrency moved up as the market is seemingly stabilizing. Ethereum’s Ether, the second-largest cryptocurrency by market cap, traded in a similar way, starting the week at $1,150 and moving steadily up to now trade at $1,290. ETH tested the $1,300 resistance more than once over the week. Headlines in the cryptocurrency space this week focused on new developments surrounding collapsed cryptocurrency FTX …