Crypto Funding Surge: End of Winter in Sight?

VC Crypto Funding Shows First Increase Since Early 2022, Report Reveals

According to a new report from Pitchbook, venture capital funding for crypto firms has experienced its first increase since the first quarter of 2022. This development may signal the end of the so-called Crypto Winter, which began when Bitcoin's value plummeted from nearly $69,000 in November 2021 to below $17,000 by the end of the following year. The report suggests that this uptick in funding, although small, could be positive news for startups in the upcoming quarters.