This episode is sponsored by Nexo, Abra and FTX US.Download this episodeIn today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including:Near Protocol, $150 millionZeroHash, $105 millionCheckout.com, $1 billionSEBA, $119 millionDeFi Alliance (now Alliance DAO), $50 millionFTX Ventures, $2 billionSee also: SEC Must Surrender Hinman Email on Ether … [Read more...] about ‘Every Company Will Be a Crypto Company’; A Venture Funding Outlook for 2022
Outlook
Vitalik Buterin shares positive outlook on the establishment of crypto cities
In a blog post published on Sunday, Ethereum (ETH) co-founder Vitalik Buterin voiced his support for utilizing the cryptocurrency phenomena to serve the interests of local governments and their citizens.Specifically, Buterin discussed the formation of city tokens and decentralized autonomous organizations, known as DAOs. DAOs are self-governing organizations where users draft … [Read more...] about Vitalik Buterin shares positive outlook on the establishment of crypto cities
Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call
Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC over the Bitcoin Lightning Network to ensure near-instant settlement times. In response to an analyst's question … [Read more...] about Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call
Traders split on BTC price outlook after Bitcoin dips below $47K
Bitcoin (BTC) gave traders a serious sense of deja vu on Aug. 26 after a fresh attack on $50,000 ended in a firm rejection.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin optimism waversData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to local lows of $46,540 on Bitstamp, having passed $49,300 hours before. The action continues … [Read more...] about Traders split on BTC price outlook after Bitcoin dips below $47K
Bitcoin (BTC) on-chain analyst reveals short term ‘bearish outlook’ as ‘supply shock’ looms
As Bitcoin dips back below $50,000, data is emerging of a possible short-term bearish outlook.Bitcoin supply shock dynamicsWill Clemente, self-described as a “Lead Insights Analyst,” anticipates short-term bearish action for the Bitcoin price. This, he explains, is due to three factors – a drop in illiquid supply ratio, BTC inflows into exchanges, plus profit taking by whales … [Read more...] about Bitcoin (BTC) on-chain analyst reveals short term ‘bearish outlook’ as ‘supply shock’ looms