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Crypto Declines Unsettle Venture Capitalists Following $19 Billion Earnings

Crypto Declines Unsettle Venture Capitalists Following $19 Billion Earnings

(Bloomberg) — Cryptocurrency venture capital funds are currently undergoing a significant identity challenge. The recent decline in digital asset prices—paired with market consolidation—has brought to light the weaknesses of an industry that thrived on speculation but struggles to establish lasting, profitable enterprises. Retail investors seem to be stepping back from digital art and meme coins […]