Going forward, crypto companies with valid use cases and utility are the ones that will best survive, according to Nicholas Strange, founder of Seattle-based hiring firm Crypto Talent. Many crypto firms have been through downturns before, and have become better at managing their treasuries, Strange told CoinDesk. Additionally, quarter-over-quarter venture capital funding remains at all-time highs, and certain VC firms may use this downturn to continue funding promising crypto-related projects, Strange said.
Related posts
-
Solana (SOL) ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
“Given that CME-traded solana futures don’t currently exist, it seems the only viable path for spot... -
Bitcoin Price (BTC) Could Drop to $55K as Crypto Closes Weak Quarter
Anticipation of the spot bitcoin ETF approval, then the approval, and then the massive inflows into... -
Elections Across Europe Won’t Hinder Blocs’ Crypto Ambitions, MiCA
The Czech Republic, Republic of Cyprus, Estonia, Netherlands, Poland, Slovakia and Spain held elections last year....