According to a report by PitchBook, the total amount of venture capital invested in cryptocurrency-related companies reached $1.9 billion in the fourth quarter of 2023, an increase of 2.5% from the previous quarter. This is the first increase in venture capital (VC) investment in cryptocurrency startups since the first quarter of 2022. PitchBook notes that the main cryptocurrency startup projects receiving funding are mainly focused on financial and technological solutions. These include tokenizing real-world assets (such as real estate and stocks) on the blockchain and building decentralized computing infrastructure.
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Total venture capital investment in crypto-related companies in Q4 2023 reaches $1.9 billion
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An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet
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According to official data, within the 7 days ending on May 16th, Circle issued 1.8 billion USDC, redeemed 1.6 billion USDC, and the circulation increased by 200 million. The total circulation of USDC is 33.2 billion US dollars, and the reserve is 33.4 billion US dollars, of which 3.8 billion US dollars are in cash, and Circle Reserve Fund holds 29.6 billion US dollars. -
Bitcoin mining company Phoenix Group released its Q1 financial report: net profit of US$66.2 million, a year-on-year increase of 166%
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In the past 24 hours, the entire network has liquidated $139 million, and long orders have liquidated $83.5374 million
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$1.2 billion in notional value of BTC options and $930 million in ETH options are set to expire
Greeks.live data shows that on May 17th, 18,000 BTC options with a put/call ratio of 0.63 and a maximum pain point of $63,000 (nominal value of $1.2 billion) will expire. Additionally, 320,000 ETH options with a put/call ratio of 0.28 and a maximum pain point of $3,000 (nominal value of $930 million) will also expire. Greeks.live states that this week, inspired by the meme stock craze in the US, BTC ETFs have seen significant inflows, causing BTC to surge above $65,000. However, the rest of the crypto market remains weak, with trading volume continuing to decline, and the divergence in the options data of BTC and ETH reflects this. Looking at the structure of bulk trades and market trades, the downward trend in IV for major deadlines has ended and entered a consolidation phase, with limited downside potential at present. BTC longs and shorts are relatively balanced, while the weak ETH price has led to a continuous decline in market confidence, with selling calls becoming the absolute main transaction. -
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In the past 24 hours, the entire network has liquidated $159 million, and short positions have liquidated $114 million
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Ethereum liquidity re-staking agreement TVL exceeds $10.1 billion, of which Eigenpie TVL exceeds $800 million
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