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Several crypto venture capital firms, including Pantera Capital, are raising new mega funds.Pantera Capital’s Franklin Bi told The Block that crypto has been ‘validated significantly’ with this year’s spot bitcoin ETF approval in the U.S., solidifying institutional investors’ conviction in the industry.
DOGE and RNDR are the top performers from the larger-cap alts now.
The inverse head and shoulders pattern forming "would make sense" if Bitcoin doesn't "break straight through" to $67,500, according to a crypto trader.
This is an excerpt from the inaugural edition of The Block’s The Funding newsletter sent to our loyal readers on May 3. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Sui launched on mainnet one year ago and since, its creator Mysten Labs, has forged partnerships with both Google and TikTok parent ByteDance. Shortly after launch Sui ranked as a top-10 blockchain in terms of TVL.
- 21:25Total Value of zkSync Bridged Storage Surpasses 3.68 Million ETHsThe zkSync Bridged Storage Total Value (TVB) surpassed 3.68 million ETH and is currently at 3,681,654 ETH, according to Dune data.
- 21:2328.24 Million XRP Transfer from Unknown Wallet to CEXAccording to Whale Alert monitoring, 28,240,000 XRP ($14,948,393) were transferred from unknown wallets to CEX at around 2:43 GMT.
- 21:22Today's Panic and Greed Index is 69Today's Panic & Greed Index is 69, with a rating of Greed. Note: The Panic Index has a threshold of 0-100 and consists of the following metrics: volatility (25%) + market volume (25%) + social media buzz (15%) + market research (15%) + bitcoin's share of the overall market (10%) + Google buzzword analysis (10%).
