
BitDAO allocates $633 million in funding for Innovative DAOs
BitDAO has announced an allocation of $633 million in funding for different projects across the blockchain ecosystem that will support blockchain gaming, infrastructure and education.
Follow crypto investment news, capital flows, venture activity, institutional strategies, and portfolio moves across digital assets.

At launch, BNY Mellon's upcoming crypto custody platform will support Bitcoin and Ethereum.

The SEC is considering raising the threshold for who can be considered a so-called “accredited investor”. The proposed limit at $10 million would make it even harder for ordinary people to invest in startups.

The U.S. inflation rate is at its highest point since 1982, and the response from the Federal Reserve will be a series of interest rate hikes, which will have its effect pushing inflation down. But inflation will “win” in the long run, according to analysts.

Crypto investment products recorded another week of inflows totalling $109 million.

Bitcoin (BTC) market price fell under $40,000 during the weekend. Short-term Holders are the most likely cohort to spend their coins in response to volatility.

A new DAO looks to raise $4 billion in crypto to buy the Denver Broncos.



