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Crypto funding surge following Bitcoin’s strong performance

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After enduring a prolonged period of volatility and uncertainty, the crypto industry witnessed a resurgence in venture funding in the fourth quarter of 2023, marking the first uptick since the onset of the “crypto winter” nearly two years ago.

According to data from PitchBook released on Thursday, venture funding for crypto-related companies reached $1.9 billion in the final quarter of 2023, representing a 2.5% increase compared to the previous quarter.

This positive trend comes as a relief for crypto entrepreneurs who have struggled amidst the challenging fundraising landscape in recent years.

The “crypto winter,” characterized by a downturn in investor sentiment and heightened regulatory scrutiny, dampened the fundraising efforts of crypto startups throughout 2022.

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Rising interest rates from major central banks further exacerbated the situation, prompting investors to retreat from riskier assets including cryptocurrencies.

Crypto winter

Compounding the challenges were high-profile collapses of crypto firms such as Do Kwon’s Terra and Sam Bankman-Fried’s FTX, leading to significant losses for major venture funds like Andreessen Horowitz and Sequoia Capital.

However, with a resurgence in crypto asset prices and improved public market valuations for companies like Coinbase and MicroStrategy, investor confidence has begun to rebound. Over the past year, bitcoin has more than doubled in price, surpassing $52,000 per coin, while Coinbase stock has surged nearly 140%.

“We’re starting to see a correlation between investments in private markets and the public markets,” says a spokesperson from PitchBook in an interview with CNBC.

“The uptrend in publicly-traded crypto companies is now being reflected in private investments as well.”

Capital flowing

While the total number of deals declined slightly in the fourth quarter, PitchBook suggests that capital is flowing towards stronger startups within the crypto space.

This concentration of investment is evident in notable fundraises such as those for Swan Bitcoin and Blockchain.com, which raised $165 million and $100 million, respectively.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

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Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.


US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights


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Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

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Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.


Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker


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S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

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S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

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