The cryptocurrency narrative is changing quickly. Hype for SocialFi surged between August and September, then petered out. Just two weeks ago, ETF hype was at its peak. The current narrative is AI, ETF, GameFi, L2 and ZK. Click to read
As the early days of BTC A holder and staunch supporter of BTC, Bixin Ventures has been committed to the development of the BTC ecosystem. We have always believed and continued to hope that BTC assets can play a more important role in the excellent DeFi protocols of each chain and generate greater returns. From this perspective, a safe and efficient cross-chain bridge is crucial. So, in one of the earliest rounds last year, we invested in DLC.Link. Click to read
Web3 The industry as a whole shows a strong recovery trend. Bitcoin's highest annual growth rate reached 160%. The return on investment leads the world's major asset classes. Bitcoin spot ETFs have become a new entry channel for incremental funds.
The total financing amount of the Web3 industry will reach 90.43 in 2023 ; billion US dollars, the financing performance of different tracks is also different, enterprise-level infrastructure and wallet direction are favored by capital. In the DeFi trend, DEX competition is fierce, and derivatives and RWA have attracted much attention. The total financing amount of the CeFi track has declined, but the Bitcoin ecological opportunities have attracted capital attention. Click to read
Huge financing, top endorsements, airdrops, etc. made it popular in the early stages of launch. It captured a lot of market attention. However, due to its closed nature as the underlying protocol and its high entry barriers (there were few users in the initial beta test and login fees were charged), Farcaster failed to gain traction in the market for a period of time after the initial enthusiasm of users faded. It has received a great response and has become more of a niche communication venue for professionals in the technology/encryption circles. In recent days, the number of users has suddenly increased by more than ten times. One of the main reasons is that a new feature called Frames has appeared in its Warpast client. Click to read
He was the co-founder of Three Arrows Capital, CEO and Chief Investment Officer, and founder of OX Protocol. It can be said that he is famous for his investment achievements and influence on the market in the cryptocurrency field, but he has also been pursued and charged for alleged fraud, tax evasion and money laundering. Click to read
The Web3 industry as a whole shows a strong recovery trend. Bitcoin's highest annual increase reached 160%. The return on investment leads the world's major asset classes. Bitcoin spot ETF has become a new entry channel for incremental funds.
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