⭐ Crypto news of the day!

According to Odaily, in 2018, there were only about 50 funds focused on cryptocurrency investments. Today, that number has grown to over 1,150. In comparison, the United States alone has approximately 4,000 registered hedge funds, and globally, there are around 30,000. From 2018 to 2023, cryptocurrency ventures raised over $72 billion, while general venture capital in the U.S. raised over $600 billion during the same period. Despite the significant tilt towards traditional venture capital, this trend is also evident in early-stage investments in technology and other industries.Although there are high expectations for 2024, particularly regarding the Bitcoin spot ETF and its early performance, this year appears to be more of a transitional period. It is crucial not to compare this cycle with previous ones, as the landscape has changed significantly.