Crypto VC funding down by 82.5% YOY, lowest in 2 years
Compared to December 2021(154 projects), there were 50 crypto VC projects funded in December 2022, a decrease of 68% over one year.
Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Erik Voorhees gives a bull market return prediction of six months to three years and gives his number one lesson to learn in surviving bear markets.
VanEck predicts Bitcoin price will reach $10,000 to $12,000 in the first quarter amid miner bankruptcies due to the impending energy crisis.
Zhu said DCG is worthless, adding that Genesis creditors will push it into bankruptcy soon.
The TRON founder-turned-exchange advisor has denied rumors of mass staff cuts.
Along with poor market conditions, miners also suffered from high electricity costs and record mining difficulty.
Solana is the second biggest top 100 gainer today, giving pummeled investors hope that a corner has been turned.