Crypto Market news and trends

Blockchain Capital Raises $580 Million in 2 New Funds
Blockchain // September 18, 2023

Blockchain Capital, a venture capital (VC) firm dedicated to driving the global transition to decentralized, blockchain-based systems, has announced the closing of two new funds. The firm’s sixth early-stage fund and its first opportunity fund have raised a total of $580 million, the VC firm...

Investors Withdraw $500 Million From Crypto Products in 9 Weeks
Cryptocurrency // September 18, 2023

The cryptocurrency market has seen substantial outflows over the last nine weeks, with investors withdrawing close to half a billion dollars from crypto products. The past week alone witnessed outflows totaling $54 million, marking the fifth consecutive week of selloffs, Bloomberg reported Monday (Sept. 18), citing data...

Bitcoin Falls to Lowest Level in a Month
Cryptocurrency // July 24, 2023

Bitcoin dropped to its lowest level in over a month Monday (July 24). The price of bitcoin fell sharply and suddenly at the start of the week, trading just over 3% lower at $29,198.15, after initially slipping as low as $28,995.02, its weakest level in...

XRP Price Almost Doubles After Court Ruling
Cryptocurrency // July 13, 2023

Cryptocurrency prices soared Thursday (July 13) after a court ruling that is seen as a major victory for the cryptocurrency market. The news caused a surge in the price of XRP, almost doubling in value, Bloomberg reported Thursday (July 13). Shares of other tokens like Solana...

Quick Reads
Crypto Dips After Bankman-Fried Conviction, but Industry Execs Split on Impact

November 03, 2023
The conviction of Sam Bankman-Fried on fraud charges on Thursday (Nov. 2) coincided with a downturn in the cryptocurrency market, which had been recovering this year. Over Thursday and Friday (Nov. 3), two cryptocurrencies that had been rising dropped, Bloomberg reported Friday. Bitcoin, which had more than doubled in 2023 and approached its 18-month high, dipped as […]

Blockchain Capital Raises $580 Million in 2 New Funds

September 18, 2023
Blockchain Capital, a venture capital (VC) firm dedicated to driving the global transition to decentralized, blockchain-based systems, has announced the closing of two new funds. The firm’s sixth early-stage fund...

Investors Withdraw $500 Million From Crypto Products in 9 Weeks

September 18, 2023
The cryptocurrency market has seen substantial outflows over the last nine weeks, with investors withdrawing close to half a billion dollars from crypto products. The past week alone witnessed outflows...

Bitcoin Falls to Lowest Level in a Month

July 24, 2023
Bitcoin dropped to its lowest level in over a month Monday (July 24). The price of bitcoin fell sharply and suddenly at the start of the week, trading just over...