Crypto VC funding plunges to $659M in April, hits near two-year low
Crypto VC funding collapsed to $659 million in April, marking a near two-year low as investor sentiment weakened. The monthly total dropped 74% from March's $2.6 billion across just 63 rounds, reflecting broader market pullback amid declining liquidity. DeFi protocols led deal activity, while GSR emerged as the most active investor. Year-to-date funding stands at $5.64 billion.
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Bitcoin takes another aim at $80,000 as stocks rise, oil drops on Iran optimism
Bitcoin surged nearly 3% to $78,700, targeting the $80,000 resistance level as U.S. stocks rallied and oil prices fell on Iran peace optimism. Traders view $80,000 as a crucial breakout threshold that could attract institutional buyers. A successful break above this level could trigger significant momentum, with analysts watching for sustained strength above $85,000 to confirm bullish reversal signals.
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AI agent forms its own company, gets ready to trade crypto
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