Insights

The global crypto market is at a pivotal juncture, shaped by evolving regulatory frameworks and shifting political landscapes.

Bitcoin entered January around $93,500 and rose 10% during the month to $102,400. Crypto’s apex asset treaded water to start the month due to falling rate cut expectations solid US payrolls data and hawkish FOMC minutes as well as due to fears around potential US government selling after a judge

In a slightly different twist than a typical year-ahead report, we profile various crypto subsectors that we believe represent particularly large opportunities in 2025 and beyond.

A look ahead to 2025 from our venture team. We are witnessing a remarkable shift in the cryptocurrency landscape, particularly with the changing regulatory environment under the incoming US administration.

Bitcoin entered December around $96,500 and fell 3% during the month to $93,500. However, this was not before Bitcoin broke $100,000 for the first time on December 5th, a monumental accomplishment that coincided with its market cap surpassing $2T for the first time and placing it as the world’s

Bitcoin entered November around $70,200 and rose 37% during the month to $96,500. Crypto’s apex asset set frequent all-time highs during November, added a monthly record $520b to its market cap, and surpassed silver to become the seventh largest asset in the world.