Crypto Venture Capital Investment Slowed Further in October: JPMorgan

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

.jpmorgan says the rate of crypto venture capital investment slowed to under $1 billion in October. willcanny99

October data showed a continued deceleration in the pace of crypto venture capital investment to under $1 billion a month, JPMorgan said in a research report last Thursday.

The downtrend began last May following the Terra collapse, said the report authors led by Nikolaos Panigirtzoglou, and the weak October numbers suggest more than just a seasonal summer slowdown. The current level of venture capital investment of $500 million to $1 billion per month gives an annual rate of almost $10 billion, which is less than one-third of last year’s pace, they wrote.

Panigirtzoglou called it a worrying development as it shows an unwillingness by venture capital funds to deploy capital in the digital assets sector. He believes it increases the likelihood that the current weakness in cryptocurrency markets may be here for some time. He also said other metrics such as sluggish bitcoin and ether exchange-traded-fund flows point to persistent weakness.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 291. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

jpmorgan willcanny99 Is there anythinggg like it!!

jpmorgan willcanny99 bitcoin Still nothing at the moment but sideways chop within a larger bear trend Things are squeezing so a btc move is coming. Do not FOMO buy at the top of range. Bravo KeshGlover for your tweets, tips TA. I'm getting better understanding of investing. Follow her!

jpmorgan willcanny99 🚀Thankss a millon

jpmorgan willcanny99 Yes, because crypto is a marketing scheme for SQLite database ponzinomics. Bitcoin

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

eGirl Capital and Larry Cermak on the dynamics shaping the crypto bear marketIn this special segment of The Scoop, Frank Chaparro is joined by The Block’s VP of Research, Larry Cermak, and eGirl Capital’s Co-Founder, Hedgedhog, to discuss how this crypto bear market compares to previous cycles, and to explain how investors can spend this drawdown building an edge for the next bull market.
La source: TheBlock__ - 🏆 464. / 53 Lire la suite »

The 5 most influential crypto market players in the year when $2 trillion was wiped outIn this historic year for crypto, five players are on the MarketWatch 50 for having the most influence over the current market state of crypto. 🤌 Read the room. Bad timing ffs badtiming
La source: MarketWatch - 🏆 3. / 97 Lire la suite »