On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.”
Dogecoin price analysis for Feb 18, 2022, confirms that the token is holding above the support of $0.14. However, the indicators have turned bullish, and there is a huge chance that this support might not hold. But, the meme coin is full of surprises. Our DOGE price analysis for Feb 18, 2022 confirmed that DOGE failed to break above $0.15.
Crypto markets are struggling today, with Bitcoin and Ethereum seeing slight bearish momentum. The recent price slump makes for an excellent opportunity to accumulate underrated Metaverse crypto coins, which are currently on a fire sale.
Cardano has made great gains over the years. The young and dynamic cryptocurrency soared more than 700% in 2021. Investors were excited about the blockchain network’s speed, energy efficiency, and current and potential uses. But the incline didn’t stop going forward in 2022.
The top 1,000 whales by assets held on the Ethereum ($ETH) netowrk have been increasing their exposure to the meme-inspired cryptocurrency Shiba Inu ($SHIB), to the point they now hold over $2 billion worth of the cryptocurrency.
Millennials are most likely to seek alternative financial services and assets such as crypto, and younger generations are hopping on to the bandwagon leading researchers to expect a crypto boom in 2022.
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, wishes crypto would be banned immediately. He says the government made “a huge mistake” to allow cryptocurrencies, like bitcoin. “It’s like a venereal disease,” he opined.
Witherspoon’s production company Hello Sunshine aims to create opportunities for women in the male-dominated NFT industry.