Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services.
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform.
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures.
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.
Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.
QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.
Bitcoin price technicals, however, remain bearish for with the BTC price eyeing a run-down toward $14,000 in Q4.
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop.