First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors

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First Mover Asia: Bitcoin flirts with $23.4K following Fed Chair Jerome Powell's latest deflationary comments; Venture capital stakeholders explain why alamedaresearch won't be missed in their sector. thesamreynolds reports

Why the Venture Capital Industry Won't Miss Alameda Research

Certainly, the market seemed to care a lot about this as it happened. The last two months of 2022 were a crypto winter as dark as any in history, with prices in freefall with seemingly no end in sight. Come January, and things are thawing out:"We believe there is plenty of dry powder among crypto-native and crypto-focused VC funds to more than compensate for the fundraising gap left by Alameda and FTX,” Robert Le, a senior emerging technology analyst at Pitchbook, told CoinDesk in an email.

Perhaps a fair question is, does the VC world want another Alameda? Although the firm closed 38 deals it wasn’t the biggest investor. That goes to Coinbase Ventures, as Pitchbook puts their deal count at 121. Despite this, Coinbase Ventures just doesn’t have the same profile as Alameda had. Its management team, for example, is lesser-known than Alameda’s high-profile executives.

 

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AlamedaResearch thesamreynolds but capital stakeholders loved alameda before..

AlamedaResearch thesamreynolds Following reports from thesamreynolds, it appears that Bitcoin continues to hit new highs as Fed Chair Jerome Powell's comments have lead to deflationary impacts.

AlamedaResearch thesamreynolds As Jerome Powell's comments send the Bitcoin price soaring, venture capital stakeholders explain why Alameda Research will not be missed in their sector. Find out more about this story on

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First Mover Asia: Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More EarningsBitcoin dipped below $23K during weekend trading before rallying slightly. ALSO: With crypto prices surging, venture capital investment could increase in the blockchain space, but will VC firms learn from their past mistakes? TheSamReynolds writes thesamreynolds It's very critical.May a pull out for a while. thesamreynolds The usual and very predictable slow grind down manipulation is getting as dull as mud these days. thesamreynolds Bitcoin News. Maximum whale already sold Btc in top Price 24k+ but they are acting like That they have still hold btc.. be careful BTC will Big dump.. soon
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