Crpto currency
BTC was trading below $47,000, down 3.16 per cent, while DOGE was trading at a loss of 4.44 per cent and SHIB fell 6.07 per cent, according to coinmarketcap data
Crypto fundraising in 2022 H1 bests 2021 $$
Messari and Dove Metrics’ new crypto fundraising report has thrown up some interesting results. The report by the provider of market intelligence products and the crypto fundraising database was released on 2 August 2022. The report shows that the crypto industry has already raised $30.3 billion in funds, across 1,199 H1 funding rounds, so far in 2022. While there were only 1,313 crypto funding rounds, amassing a cumulative capital of $30.2 billion, in 2021 as a Why is this interesting? Last year, the crypto market was at its bullish best. Remember how close Bitcoin (BTC) came to the $69,000 mark in November 2021? It wasn’t so surprising that crypto firms were able to raise funds then, when everyone was relatively optimistic. But the ability of the firms to raise this amount of capital ($30.3 billion) in the first half of 2022 alone, despite the market slump and bearish headwinds, surely is. What are the funding trends so far? The 2022 H1 saw VCs going long on Centralized Finance (CeFi...
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