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Bitcoin Hits ATH, But VCs Are Bailing – What’s Going On?!

DeFi Daily News by DeFi Daily News
November 13, 2024
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Bitcoin Hits ATH, But VCs Are Bailing – What’s Going On?!
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Venture Capitalists (VCs) are a huge part of growing the crypto industry, whether we like it or not. Their investments are often the lifeblood needed to kickstart brand new crypto projects that could have the innovative tech to completely reshape the space.

The problem is, VCs don’t seem to be anywhere near as engaged with the crypto industry as they have been in the past. In fact, this could be part of the reason why the markets seem to have struggled to do… well, anything really.

To get a sense of what’s going on, Galaxy Digital have released their Q3 report that breaks down recent VC activity in crypto. Today, we’ll break this report down for you, tell you what this means for crypto, and why this could be more bullish than you might think.

~~~~~

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~~~~~

📈 Coin Bureau Trading Channel 👉 youtube.com/@CoinBureauTrading

~~~~~

📺 Essential Videos 📺

Narratives To Watch 👉 https://www.youtube.com/watch?v=0QJ2eKBaqHU
Narratives – OKX Interview 👉https://www.youtube.com/watch?v=F_i_fjd7zAs
Tesla’s Optimus Robots 👉 https://www.youtube.com/watch?v=SDtt_XpV0K8
~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Full Galaxy Report: https://www.galaxy.com/insights/research/crypto-blockchain-venture-capital-q3-2024/

~~~~~

– TIMESTAMPS –

0:00 Intro
0:33 Deal Counts, Capital Investments, and BTC’s Price
5:03 Investments By Stage
7:41 Investment By Category
11:53 Investment Demographics and Venture Fundraising
13:52 What This Means For Crypto
16:35 Outro

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#crypto #bitcoin #vcs

source

Tags: Altcoin SeasonaltcoinsATHBailingBitcoinbitcoin analysisbitcoin miningbitcoin newsbitcoin priceblockchainCryptocrypto 2024crypto adoptioncrypto guidecrypto investingcrypto marketcrypto newscrypto regulationcrypto strategycrypto tipscrypto tradingcrypto trendscrypto updatescrypto walletCryptocurrencycryptocurrency marketcryptocurrency newsDefidigital assetsEthereumHitsHodlNFTsripple xrpvcVCsventure capitalWeb3whats
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