Cryptocurrency funding hits new record of $3.5 billion in a single week
last week, the amount of cryptocurrency financing reached a record high, with 28 rounds of financing raising a record-breaking $3.5 billion. Data released by Cryptorank on Monday showed that from October 6th to 12th, the weekly financing amount reached its peak, surpassing all previous peaks, including the nearly $3 billion raised from July 28th to August 3rd. Previously, the financing amount had been below $1 billion for seven consecutive weeks, indicating a significant recovery in investor confidence. Cryptorank data shows that blockchain services dominated the financing activities last week. Of the 28 rounds of financing recorded from October 6th to 12th, 12 were for blockchain service providers, making it the most active sector. Pantera Capital was the most active investor last week, participating in four transactions: two involving blockchain services, and the rest involving CeFi and social enterprises.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mars Morning News | Ethereum Fusaka upgrade officially activated; ETH surpasses $3,200
The Ethereum Fusaka upgrade has been activated, enhancing L2 transaction capabilities and reducing fees; BlackRock predicts accelerated institutional adoption of cryptocurrencies; cryptocurrency ETF inflows have reached a 7-week high; Trump nominates crypto-friendly regulatory officials; Malaysia cracks down on illegal Bitcoin mining. Summary generated by Mars AI. The accuracy and completeness of this summary are still undergoing iterative updates.
Do you think stop-losses can save you? Taleb exposes the biggest misconception: all risks are packed into a single blow-up point.
Nassim Nicholas Taleb's latest paper, "Trading With a Stop," challenges traditional views on stop-loss orders, arguing that stop-losses do not reduce risk but instead compress and concentrate risk into fragile breaking points, altering market behavior patterns. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
With capital outflows from crypto ETFs, can issuers like BlackRock still make good profits?
BlackRock's crypto ETF fee revenue has dropped by 38%, and its ETF business is struggling to escape the cyclical curse of the market.
Incubator MEETLabs today launched the large-scale 3D fishing blockchain game "DeFishing". As the first blockchain game on the GamingFi platform, it implements a dual-token P2E system with the IDOL token and the platform token GFT.
MEETLabs is an innovative lab focused on blockchain technology and the cryptocurrency sector, and also serves as the incubator for MEET48.
Trending news
MoreCrypto prices
More
