The year 2023 witnessed a significant resurgence in the crypto industry, and now, venture investors are re-entering the scene. According to PitchBook’s report on Thursday, venture funding for companies associated with crypto reached $1.9 billion in the fourth quarter of 2023, indicating a 2.5% increase from the previous quarter. This ...
Read More »Altcoins Decline at Week’s Commencement as Bitcoin and Ether Find Stability
The cryptocurrency market experienced a downward trend at the beginning of the week, following a challenging week for bitcoin, which marked its most significant decline since May. Bitcoin exhibited a marginal increase of only 0.02%, reaching a value of $26,136.36, as reported by Coin Metrics. In the preceding week, it ...
Read More »Bitcoin Emerges from Two-Week Trading Stagnation amid Moody’s Downgrade Impact on U.S. Banking Sector
On Tuesday, cryptocurrencies experienced a collective increase in value, contrasting with the stock market’s performance. This shift coincided with the actions of ratings agency Moody’s, which placed the U.S. banking sector under scrutiny. Bitcoin made a gain of approximately 2.5% and was recently valued at $29,785.88, as reported by Coin ...
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