The new fund was formed during a lull in the cryptocurrency market, with the largest assets like bitcoin and ethereum shedding over 70% of their value since the fourth quarter of 2021. More speculative assets that focus on decentralized finance (DeFi) and Web3 have been hit even harder, with several losing more than 90% of their market caps in less than a year.
Related posts
-
Crypto Analyst Predicts What Will Drive The Ethereum Price Back Above $3,000 Again
Este artículo también está disponible en español. Ethereum, the second-largest cryptocurrency by market capitalization, has yet... -
Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown’s Foe
If Brown loses, the chances get much higher that Republicans take the Senate majority, and Sen.... -
US Charges Two Russian Nationals in Money Laundering Scheme Involving Crypto Exchanges
The US government charged two individuals with operating a multi-billion-dollar money laundering scheme. Law enforcement agencies...