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Here’s When Bitcoin (BTC) Could Hit Massive $250,000 Price Tag, According to Billionaire Tim Draper: Report

Here’s When Bitcoin (BTC) Could Hit Massive 0,000 Price Tag, According to Billionaire Tim Draper: Report

Billionaire venture capitalist Tim Draper has long believed Bitcoin (BTC) would surge to $250,000. In 2018, Draper first predicted the top crypto asset would hit $250,000 by 2022. When that failed to happen, the venture capitalist amended the timeline of that prediction until mid-2023. Now, Draper tells Benzinga he still thinks BTC is destined to […]

The post Here’s When Bitcoin (BTC) Could Hit Massive $250,000 Price Tag, According to Billionaire Tim Draper: Report appeared first on The Daily Hodl.

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Talent flocks to AI but ‘frothy’ market turns off VCs: Dragonfly Capital

Dragonfly Capital general partner Tom Schmidt urged crypto projects to consider whether they need venture capital funding. 

While many talented professionals are getting into artificial intelligence, Dragonfly Capital’s general partner said in its current state, the space is turning off venture capitalists. 

In an interview with Cointelegraph’s Ciaran Lyons at the Token2049 event in Singapore, Schmidt said that crypto and AI are currently competing for talent. With AI being a new technological development, the venture capital executive said that professionals are currently more attracted to the field. He explained: 

However, the same cannot be said for venture capitalists. Regarding capital, Schmidt said that people are getting more turned off by AI because it seems very “frothy and overallocated.” 

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Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K

Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing KMacro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear yet, Tapiero asserts that this detail is irrelevant at this stage. Tapiero Says Sideways […]

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Crypto-Focused Investment Firm Backed by Citadel Eyeing $1,000,000,000 Valuation in Latest Raise: Report

Crypto-Focused Investment Firm Backed by Citadel Eyeing ,000,000,000 Valuation in Latest Raise: Report

A crypto investment firm backed by financial giant Citadel is reportedly eyeing a $1 billion valuation after launching its latest round of fundraising. According to a new Bloomberg report, anonymous people familiar with the matter say that Hidden Road Partners, a startup prime brokerage focused on digital assets, is raising funds in a Series B […]

The post Crypto-Focused Investment Firm Backed by Citadel Eyeing $1,000,000,000 Valuation in Latest Raise: Report appeared first on The Daily Hodl.

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Layer-1 Blockchain Berachain Nets $100,000,000 in Series B Funding Round

Layer-1 Blockchain Berachain Nets 0,000,000 in Series B Funding Round

A new layer-1 blockchain has raised nine figures in a series B funding round that featured tech giant Samsung and several crypto venture capital firms. In a new announcement, the decentralized finance (DeFi)-focused blockchain Berachain (BERA) says that its latest funding round raised a staggering $100 million led by Brevan Howard Digital and Framework Ventures. Some […]

The post Layer-1 Blockchain Berachain Nets $100,000,000 in Series B Funding Round appeared first on The Daily Hodl.

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Venture Capital Firm Co-Founded by Coinbase Executive Seeking $850,000,000 in New Raise: Report

Venture Capital Firm Co-Founded by Coinbase Executive Seeking 0,000,000 in New Raise: Report

A venture capital firm co-founded by an executive of Coinbase is reportedly looking to raise between $750 million and $850 million for a new fund. According to a new report by Bloomberg, anonymous sources familiar with the matter say that crypto venture capital firm Paradigm – founded by Coinbase Global co-founder Fred Ehrsam and ex-Sequoia […]

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Here’s Where the Next 100x Opportunity in Crypto Is, According to DeFi Veteran Arthur Cheong

Here’s Where the Next 100x Opportunity in Crypto Is, According to DeFi Veteran Arthur Cheong

Venture capitalist Arthur Cheong is speculating on where the next 100x opportunities in the crypto space will be. Cheong, the founder of DeFiance Capital, tells his 150,000 X followers that he believes that crypto projects without large amounts of venture capital (VC) backing and that are not traded on centralized exchanges (CEXes) will start offering […]

The post Here’s Where the Next 100x Opportunity in Crypto Is, According to DeFi Veteran Arthur Cheong appeared first on The Daily Hodl.

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Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’

Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit 0K’The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’s Web Summit 2022 event, Draper said […]

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Venture Capital Giant Andreessen Horowitz Launches New $600,000,000 Metaverse Fund

Venture Capital Giant Andreessen Horowitz Launches New 0,000,000 Metaverse Fund

A Silicon Valley-based investment firm is launching a new $600,000,000 metaverse fund in its latest push to embrace crypto assets. In a new company blog post, venture capital giant Andreessen Horowitz is announcing the launch of the Games One Fund, a fund dedicated to supporting innovation in the gaming industry and building the underlying infrastructure […]

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Global Investors See Crypto As the One Sector To Withstand Fallout of Russia-Ukraine Crisis: Report

Large investors are looking to crypto assets as a way to withstand the fallout of increasing geopolitical tensions as war in Eastern Europe continues to rattle the economic landscape. According to a new report from Reuters, the current conflict has heightened investor interest in blockchain technology rather than deterring it. According to fund manager and Decasonic […]

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