Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
CoinDesk
19 Sep 2023 5:08 PM
Noelle Acheson, author of the Crypto Is Macro Now newsletter, notes that following a prolonged and dormant crypto winter, there's a noticeable resurgence in activity within crypto funds....
- Sunac and Country Garden's debt deals provide relief for China's property sector.
- US oil output from top shale areas is expected to decline for the third consecutive month in October.
- Saudi energy minister emphasizes the necessity of OPEC+ cuts to stabilize the oil market.
- Blockchain Capital raises $580 million for two new funds in the crypto venture capital space.
- Nomura's Laser Digital launches a "Bitcoin Adoption Fund" for institutional investors.
- Electric Capital aims to raise $300 million for a new crypto venture capital fund.
- Thailand's KBank initiates a $100 million fund targeting AI and Web3.
- Crypto exchange Bitget establishes a $100 million fund to support ecosystem growth.
- Investment firm Reverie launches a $20 million crypto venture fund.
- The article also mentions the introduction of the all-new Kraken Pro trading platform.
The sentiment of the article is mostly neutral, with a focus on providing information about various developments in the property, oil, and crypto sectors.
You May Ask
What recent debt deals have provided relief for China's property sector?How is US oil output expected to change in October?Why does the Saudi energy minister believe OPEC+ cuts were necessary?How much funding did Blockchain Capital raise for its new funds?What is the purpose of the "Bitcoin Adoption Fund" launched by Nomura's Laser Digital?