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Bitcoin Hits ATH, But VCs Are Bailing – What's Going On?

Posted by Simon Keighley on November 15, 2024 - 9:38am

Bitcoin Hits ATH, But VCs Are Bailing – What’s Going On?

Bitcoin Hits ATH, But VCs Are Bailing – What's Going On?

Venture Capitalists (VCs) are a huge part of growing the crypto industry, whether we like it or not. Their investments are often the lifeblood needed to kickstart brand new crypto projects that could have the innovative tech to completely reshape the space.

The problem is, VCs don’t seem to be anywhere near as engaged with the crypto industry as they have been in the past. In fact, this could be part of the reason why the markets seem to have struggled to do… well, anything really.

To get a sense of what’s going on, Galaxy Digital have released their Q3 report that breaks down recent VC activity in crypto. Today, we’ll break this report down for you, tell you what this means for crypto, and why this could be more bullish than you might think.

 

TIMESTAMPS

0:00 Intro

0:33 Deal Counts, Capital Investments, and BTC’s Price

5:03 Investments By Stage

7:41 Investment By Category

11:53 Investment Demographics and Venture Fundraising

13:52 What This Means For Crypto

16:35 Outro

 

Source - Coin Bureau YouTube:

https://www.youtube.com/watch?v=nUwab4F2sWQ


 

Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

 

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