CryptoBlog n.703
⚡️ CryptoRank ▫️ Web3 startups lead in fundraising rounds in July, followed by DeFi and GameFi projects. Just over $2.1 billion was raised in July, with blockchain infrastructure and Web3 projects accounting for nearly half of that amount.
CryptoBlog n.702
⚡️ Glassnode ▫️ Bitcoin investors continue to realize a greater magnitude of losses compared to gains from coins spent. ???? Realized losses = $319 million/day ???? Realized gains = $226 million/day. ▪️ This is typical of bear markets, and the reversal is often associated with higher demand.
CryptoBlog n.701
⚡️ Messari&Dovemetrics ▫️ According to a joint report by Messari and DoveMetrics, the funds have raised a total of $35.9B in the past six months, and the trend is not stopping: ▪️ $25.9B went to crypto funds (116 rounds) ▪️ $10B to traditional funds (35 rounds) ▫️ Conclusion: a lot of capital is going into crypto and it's another sign that the industry is not standing still.
CryptoBlog n.700
⚡️ Santiment ▫️ Transaction fees in Ethereum remain ultra-low despite the price spike since mid-June. Reduced turnover has played a big role in the drop in value, and we can expect fees to remain reasonable until the crowd starts experiencing a fair degree of FOMO.