drought
US Bitcoin Demand Stagnates: Analyzing the Longest Coinbase Premium Drought in Over a Year
The cryptocurrency market is currently grappling with a subtle yet concerning signal emanating from the heart of the American financial ecosystem. For eight consecutive weeks, Bitcoin’s US-based demand has remained in a state of suppressed activity, as evidenced by the Coinbase Premium Index. This metric, which tracks the price differential between Bitcoin on Coinbase Pro […]
The Great Crypto Funding Drought: Analyzing the Steep Decline in Venture Capital for 2023
The global cryptocurrency sector, which had become accustomed to unprecedented inflows of venture capital during the speculative boom of 2021 and early 2022, faced a brutal reality check in the first quarter of 2023. According to the latest comprehensive data from market intelligence firm PitchBook, the industry has entered a period of profound capital contraction. […]
