If you’re looking at the price of (BTC), it’s hard to be bullish these days. Analysts predict that the flagship cryptocurrency will break below $40,000 again. There will be a greater drop in the next few weeks. Many new crypto investors fail to recognize that it is an exponential asset and let price fluctuations affect their belief.

Do you want to know who’s conviction in digital assets hasn’t waivered amid the latest downtrend? Venture capitalists are investors who have the sole goal of finding promising startups that they believe will succeed. This week’s Crypto Biz presents jaw-dropping VC investment totals, courtesy of Cointelegraph Research. Also, we take a look at some of the most recent funding deals.

Quartile 2022: Venture capital activity in cryptocurrency outpaces 2021

Dragonfly Capital secures $650M for tertiary financing round

Ex-Jefferies FX broker launches institutional crypto exchange

Fireblocks expands institutional access to Terra’s DeFi ecosystem

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