Market-leading Industry Reports

The fundraising activity has rebounded from a three-year low, driven by an increase in cryptocurrency prices and a decrease in the fear of a recession in the USA. The anticipation of a spot Bitcoin ETF approval has reignited interest among venture capitalists and the broader public in the crypto market. As a consequence, venture capitalists (VCs) have become actively involved in investing in the crypto market.

October truly proved its nickname "Uptober" once again. Bitcoin reached a new year-to-date high, and several other large-cap coins experienced a significant surge. However, the rest of the market remained relatively stable, albeit with a more positive sentiment compared to the previous quarter.

For more insights and a detailed analysis of October's investment trends, we invite you to read our new Crypto Fundraising Recap.

The negative trend in crypto fundraising persisted during Q3 2023, with decreasing investment volumes and only a few significant deals. Investor concerns and uncertainty resulted in the stagnation of crypto fundraising.

In this report we explore the state of the cryptocurrency market in Q3 2023, analyzing the significant events, data, and patterns that influenced the industry during the previous quarter.

In this report, we will delve into the state of the crypto market in August, examining the most important data, events, and trends that impacted the industry last month.

Read our new Crypto Fundraising Recap for the detailed analysis of August's investment trends.

Crypto startups had a moderately successful month in July 2023, with a 64% increase in total raise despite slightly fewer funding rounds.

July was a month of uncertainty and fear for the crypto market, with high-profile hacks and suspended projects, despite ongoing industry evolution and adaptation, and difficulty in predicting the bull run.

After a significant downturn in the crypto market, it appears that in the first half of 2023, the venture investment market, much like the price of Bitcoin, has found its bottom.