2020 Was The Year Bitcoin Funding Went Brrr

2020 Was The Year Bitcoin Funding Went Brrr

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series. This year has been one that none of us will soon forget. While the world seems like a chaotic place, Bitcoin continues to find its footing and....

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Trump or Biden? Bitcoin wins regardless of US election — Barry Silbert

Grayscale CEO says that Bitcoin will win because both a Trump or a Biden election victory would result in more "brrr" or the expansion of the US dollar supply. Whether it is a Democratic sweep led by Joe Biden or a Donald Trump reelection, Bitcoin (BTC) would likely thrive. Industry executives, including DCG and Grayscale CEO Barry Silbert, say both a Trump or a Biden win would buoy BTC.The optimistic stance of industry execs despite the glaring election risk comes after Grayscale’s Bitcoin study.Trump wins = brrr Biden wins = brrr Either way, bitcoin wins— Barry Silbert....

Crypto industry got more funding in Q1 2021 than all of last year: report

Three companies in the crypto and blockchain industry have already raised $1.1 billion this year. Cryptocurrency and blockchain-related companies have already received more funding this year than in all of 2020, according to a new report.In the first quarter of 2021, 129 startups focusing on crypto and blockchain technology have received a total of $2.6 billion in funding, Bloomberg reports, citing data from business analytics firm CB Insights. Over the course of 2020, crypto and blockchain firms attracted a total of $2.3 billion in 341 deals.According to the data, 2018 is the record year....

BRRR: Biden Readies a New $3T Stimulus Package

What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole.

VC funds bullish on crypto, increase investment in blockchain startups

Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential. Venture capital funding for crypto and blockchain startups looks set to break records in 2021. As previously reported by Cointelegraph, crypto firms received more funding in the first quarter of 2021 than the whole of 2020.Indeed, three companies in the market attracted $1.1 billion from backers in Q1 202 — a third of the total funding for crypto and blockchain firms reported in 2018. With the current bullish enthusiasm in the crypto space, VC funding....

Why 2021 Will Be the Year of Cross-Chain?

2020 was the year in which DeFi took the blockchain world by storm. While the rest of the planet will most likely remember 2020 as the year of COVID-19 and lockdown, crypto enthusiasts will also remember it as the year of crypto lending, borrowing, liquidity mining, and the much-reported upon Total Volume Locked (TVL) graph. That was not without good reason, however, as in 2020 the TVL in DeFi protocols grew from $675M to $16.2B.  […]