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BTC is up 1.7% today, retesting above $31K as crypto markets shrug off last week's negative ETF-related headlines. Most ETF applicants have now refiled to address the SEC's concerns that applications were inadequate without naming exchanges tasked with market surveillance. Equities with high beta to BTC have seen significant gains today. Publicly traded BTC miners Marathon Digital ($MARA) are up 10.53%, CleanSpark ($CLSK) is up 13.29%, and Terawulf ($WULF) gained...
This week, twenty-six crypto companies raised money through venture capital firms, totaling $622 million. NFT projects received over half of the pool at $319 million. In a relatively slow week for Infrastructure startups, they raised $125 million, followed by DeFi ($113 million), CeFi ($34 million), and lastly, Web3 ($33 million). Additionally, three new funds launched this week with a combined $1.375 billion, with Dragonfly Capital’s third crypto fund raising $650...
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