In 2023, while venture capital activity declined overall, funding for Bitcoin startups saw a significant increase. According to a report by Trammell Venture Partners (TVP), the number of Bitcoin-native pre-seed deals grew by 360% last year, with the total number of funded Bitcoin companies rising by 56.9%. TVP defined a “Bitcoin native company” as one
Crypto
Bitcoin Layer 2 solutions have gained significant momentum in the cryptocurrency space, aiming to improve scalability and transaction efficiency on the Bitcoin blockchain. However, recent criticisms from industry experts have shed light on the potential drawbacks and risks associated with these solutions. The criticisms of Bitcoin Layer 2 solutions, as highlighted by Mempool founder Mononaut,
Over the weekend, Bitcoin experienced a significant drop in its price, falling by five thousand dollars to a multi-week low of around $61,000. This decline was exacerbated by escalating tensions between Iran and Israel, causing widespread unease in the cryptocurrency market. Just days before, Bitcoin was trading above $70,000, but a series of events led
Recently, the EigenLayer team made waves in the crypto community by announcing the launch of EigenDA, the first Available Validator Service, on the Ethereum mainnet. With over 4.1 million ETH already restaked on EigenLayer, the platform has been gaining traction rapidly. In fact, 70% of all new Ethereum validators have chosen to restake on EigenDA
Over the past few weekends, the crypto market has remained relatively stable. However, the recent turn of events has led to a sharp decline in Bitcoin’s price, as well as the value of altcoins. This sudden drop can be attributed to various factors, including announcements from key figures at the US Federal Reserve and reports
Bitcoin’s market cap has been a subject of much speculation lately, with some optimistic projections suggesting it could reach $3 trillion after the next halving event. This estimate is based on various factors, including the asset’s recent price performance and industry growth expectations led by influential figures such as Ripple’s CEO. Opinions on Bitcoin’s future
The cryptocurrency market faced a severe correction on April 12, with prices of various digital assets plummeting to multi-week lows. Shiba Inu (SHIB) saw a 6% weekly drop and a 20% decline over the past month. Despite this negative trend, many analysts believe that a significant upswing is on the horizon. Rekt Capital, a prominent
American author and financial educator Robert Kiyosaki recently voiced his agreement with a $2.3 million per Bitcoin (BTC) prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki expressed his trust in Wood’s opinion, citing her intelligence, and recognized the potential for BTC to reach such a high value under certain circumstances. In February,
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) in the world. This move represents another aggressive action by the regulator against players in the decentralized finance (DeFi) space. Uniswap Labs is not taking this challenge lightly and has expressed
In response to the ever-changing market trends and user demands, Binance, the leading cryptocurrency exchange, has made significant updates to its platform. One of the most recent changes includes the addition of 18 new cryptocurrencies to its loan program, catering to both meme coins and established altcoins. The addition of meme coins such as dogwifhat