Black USA #Crypto News : Q1 2023 VC Stats, New Twitter CEO's Fascination with Doge & Shib, FLA vs. CBDCs, Bitcoin DCA Strategy and More

By KHubbard | The Crypto New Jack | 13 May 2023


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In this edition, we share insights into how crypto venture capital investing has been going so far in 2023. Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022; however, early-stage rounds are down 16.7%. Linda Yaccarino, Twitter's incoming CEO, follows meme coin personalities like Dogecoin and Shiba Inu. Ms. Yaccarino has not yet commented publicly on the role Dogecoin and other cryptocurrencies may play on Twitter under her leadership. PEPE was surging last week and looked to have dipped for much of the week but appears to be recovering. The decline in Pepe’s value does not mean the crypto community’s interest in memecoins has waned. New meme assets like Lady, Sponge, Four, Turbo, and others are gaining momentum as more traders ape into them. Florida Governor Ron DeSantis signed a bill restricting the use of central bank digital currencies (CBDCs) in the state. The new law, signed by Governor Ron DeSantis, also urges other states to take action against the potential introduction of CBDCs through their commercial codes. As Bitcoin experienced a 75% drop from its all-time high, investors have been searching for a profitable strategy amidst the uncertainty. As Bitcoin experienced a 75% drop from its all-time high, investors have been searching for a profitable strategy amidst the uncertainty. These stories and more can be found in the broadcast below:

 

 

 

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KHubbard
KHubbard

Love contributing content to the Publish0x platform! You can find more about me at www.kamalrhubbard.com.


The Crypto New Jack
The Crypto New Jack

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