Crypto Funds See $326M Influx
Happy Birthday Bitcoin | a16z raising $3.4 billion
Welcome to the Coinfeeds Daily Digest. Today's edition brings you a deep dive into the impressive $326M influx into Bitcoin, showcasing its undeniable market dominance. Venture capital giant Andreessen Horowitz is making waves with their ambitious plan to invest in the future of crypto and bio startups. As we mark the significant 15th anniversary of Bitcoin's groundbreaking white paper, we also turn our eyes to the current market dynamics, regulatory shifts, and noteworthy collaborations.
Market Update
News
Crypto Funds See $326M Influx
Bitcoin funds accounted for 90% of the inflows, followed by Solana (SOL) investment vehicles. | Read More
Andreessen Horowitz Plans $3.4 Billion Investment in Crypto and Bio Startups
Venture capital firm aims to raise funds for early-stage investments in 2025, signaling confidence in blockchain technology and potential growth in the crypto market | Read More
Bitcoin White Paper Celebrates 15th Anniversary
Happy Birthday Bitcoin!
Bitcoin's Wikipedia Page Views Surge Amid Price Rally
Despite Bitcoin's Value Doubling This Year, Market Shows No Signs of Overheating
low interest in meme cryptocurrencies … suggests a higher peak for Bitcoin? | Read More
Saudi Arabia's NEOM Megaproject to Invest $50M in Animoca Brands
Kraken Agrees to Share User Data with IRS
DeFi Market Bounces Back to $42B as Recovery Gains Momentum
Starknet Foundation Rewards Early Contributors with 50 Million STRK Tokens
FTX Founder Sam Bankman-Fried Takes Stand in Fraud Trial
Bankman-Fried defends against allegations of fraud as trial reveals contradictions and highlights importance of risk management | Read More
What if full on anti crypto populism is here short term?
Sanctions, social ostracization of anyone crypto affiliated, millions of ex-crypto users -most of whom are naive Gen Z and millenials (94%) to cheer on Feds starting to arrest devs and promoters using the coming economic sentiment to their benefit, more banks to unbank the banked for using crypto like Chase UK just did, barely a day goes by without another indictment/lawsuit/hack now, new FinCen requirements on mixers Friday, UK FCA threatening prison time to unregistered advertising, list goes on and on.
It's unfortunate but crypto bros really thought due to a decade of ZIRP the world ran on shitcoins and DeFi. Turns out when shit hits the fan it still runs on state backed violence.
Did crypto bros really think they could release and market half baked, often flawed, open access financial tech to the masses as replacements for the banking system, inadvertently lead to terrorist financing and billions to be hacked, and nothing would happen in retaliation from users and the Feds?
Lol.
A level of hell the crypto industry cannot imagine is still to come, and economic crimes to be paid for before any future bull market to happen longer term. We shall see.