Venture capital investment in crypto picks up after long decline

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Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that...

FILE PHOTO: FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration takenLONDON - Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning.

A combination of low interest rates and high risk appetite had fuelled the crypto industry to explosive growth in 2020 and 2021, but a series of bankruptcies at major crypto firms in 2022 spooked investors and sent the price of bitcoin plummeting. Bitcoin has steadily recovered from 2022's lows, hitting a fresh all-time high of $73,803.25 in March - although it has since struggled for direction.Are you looking for stocks that could see a bull run for decades ahead? Here are two top TSX stocks that should continue to soar! The post Bull Market Buys: 2 TSX Stocks to Own for the Long Run appeared first on The Motley Fool Canada.

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