Bitcoin and Ethereum may be rising again, but venture capital firms continued to sour on the crypto space, according to a new report. Despite the recent surge in the prices of these popular cryptocurrencies, the report reveals that venture capital firms are still hesitant to invest in the crypto market.
CoinShares' weekly fund report showed more of the same, as positive movement continued with nearly $140 million in cryptocurrency inflows. While this indicates a growing interest in cryptocurrencies among retail investors, venture capital firms seem to remain skeptical and are not participating in this trend.
Crypto.news - Recent data from blockchain analytics company IntoTheBlock indicates that approximately 29% of the total Bitcoin supply is held by long-term investors. This suggests that there is a significant portion of the market that sees the long-term potential of Bitcoin and is not swayed by short-term price fluctuations.
Here are Friday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Disney, Amazon, Microsoft & more · More In Crypto Investing. Despite the lack of enthusiasm from venture capital firms, individual investors are still bullish on cryptocurrencies. Analysts continue to provide positive recommendations for popular stocks, including those in the crypto space.
Bitcoin Bulls Show Resilience, Ethereum's Resistance Battle Rages On. While venture capital firms remain cautious, the resilience of Bitcoin bulls and the ongoing battle for resistance in Ethereum's price indicate that there is still optimism among individual investors in the crypto market.
Amid the rising interest in crypto assets, a top expert has submitted ten reasons investors should consider adding Cardano (ADA) to their portfolio. This suggests that there are potential opportunities for growth and profitability in specific cryptocurrencies, despite the overall skepticism from venture capital firms.
DigiToads is advancing quickly, leaving reputable cryptocurrencies like Cardano (ADA) in its wake, having generated an amazing $6 million in revenue. This highlights the volatile nature of the crypto market, where lesser-known cryptocurrencies can experience significant growth and attract attention from investors.
How high can Dogecoin go in 2023? What is Dogecoin price prediction for the future? Is this meme coin a good investment? The popularity of meme coins like Dogecoin raises questions about their long-term viability and potential as investment vehicles. While some investors may see them as a speculative opportunity, others remain skeptical.
IPOH: A 54-year-old businessman in Kerian has lost RM870,000 in a cryptocurrency investment scam. This unfortunate incident serves as a reminder of the risks associated with investing in cryptocurrencies. Scams and fraudulent schemes are prevalent in the crypto space, emphasizing the importance of due diligence and caution.
