Crypto Is Down Bad, But VCs Keep Pouring Money In
After the collapse of FTX, Web3 VCs say they believe in decentralized tech as much as ever. What the hell else can they say?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Aave TVL still down 43% since KelpDAO hack
Aave, one of crypto’s largest lending and borrowing protocols, still hasn’t recovered from the April 18 hack of KelpDAO. Indeed, t...
Clarity Act Uncertainty Keeps DeFi’s Bigger Market Bet on Hold
Bitcoin has fallen 21% this year, Ethereum is down 33%, and Solana has dropped 37%, according to Bitwise Chief Investment Officer...
Same position, half the margin: leverage goes up to 10x on Kraken Prop
TL;DR Up to 10x leverage: Bitcoin, Nasdaq 100, and the S&P 500 all move to 10x, plus increases across many more markets. Half the...
Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held
Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 4...
SEC opens door to day-one crypto insider sales that Senate draft would block
The SEC's new crypto fundraising proposal deliberately treats tokens as free to trade as soon as a buyer acquires them, unless the...
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
Bitcoin Magazine Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock Bitcoin’s price is down n...