Venture partners such as Pantera, Hash3 and Variant look back on a year of regulatory shifts and uneven markets, outlining crypto’s biggest winners and losers in 2025.
Investments News

Investing in cryptocurrency is a high-risk/high-reward activity, whether that entails day-trading in the open market, buying into institutional investment funds or investing in particular blockchain enterprises.
In recent years, the blockchain space has attempted to disrupt venture funding and investment through a particularly powerful use case in crowdfunding. An influx of hype and amateur investment reached a peak during the 2017 to 2018 initial coin offering, or ICO, bubble in which projects raised billions of dollars in return for assets of questionable value or utility, quickly putting the industry in the sights of the United States Securities and Exchange Commission and similar regulatory authorities.
There is ongoing discourse on and experimentation in how to fund open-source protocol development that doesn’t involve the traditional route of venture capital and that better aligns the incentives of all stakeholders, from the developers to the users.
Seeing where investment capital is going in the space can provide a gauge of market sentiment around industry trends and potential high-growth areas.
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- News
Kraken’s pending IPO and the wave of crypto companies seeking public listings may help the industry attract more TradFi capital.
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Shares in Upexi fell 7.5% on Tuesday after it filed a $1 billion shelf registration, suggesting its Solana holdings may increase after over five months of no purchases.
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Crypto funds broke three weeks of net positive flows, after US investor sentiment took a hit following delays to the long-awaited CLARITY Act, set to reach the Senate in January 2026.
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Cantor Fitzgerald is predicting a HYPE rally to $200 by 2035, but rival DEXs are attracting a growing share of crypto traders as they emerge with lucrative reward farming systems.
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Multiple factors, including ETF outflows, contracting demand, and price falling below key support levels, indicate the start of a BTC bear market.
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Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer assets.
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FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves.
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The volatility of the cryptocurrency market is threatening the stability of corporate crypto treasury companies, resulting in larger swings in their net asset value that threaten their fundraising abilities.
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Bitcoin's onchain data reveals new BTC whales with 50% of the realized capital, highlighting a shift in how capital is shaping the market.
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Bubblemaps says 23 wallets tied to the Ava deployer sniped 40% of the AVA supply at launch. The Solana AI token later fell 96% from its peak.
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Fidelity’s director of macro is predicting a Bitcoin bottom near $65,000 in 2026, but remains a “secular bull” despite predicting an end to the current four-year cycle.
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The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear market.
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A new Coinbase–Ipsos survey shows younger US investors are trading more often, taking more risk and putting a far larger share of their portfolios into crypto.
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Bitcoin price held above $85,000, but weakening spot ETF flows and year-end volatility tested near-term bullish sentiment.
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