Despite a rise in crypto fundraising, Messari’s Eric Turner noted that no 
major crypto VCs have closed rounds except Dragonfly recently, stating that 
crypto “needs some fresh capital.”

Crypto funding up 50% in 12 months as fewer, larger deals dominate

NYDIG’s Greg Cipolaro says that Bitcoin and tech stocks aren’t converging and 
are likely just reacting to macroeconomic conditions rather than trading in 
tandem.

Bitcoin correlation with tech stocks overblown: NYDIG

Tesla’s $1.5 billion bitcoin bet produced early profits, huge sales during the 
2022 crypto crash, and a lasting corporate crypto footprint, as blockchain 
analysis shows Elon Musk’s company still holds a significant stash. Arkham 
Traces Tesla’s $1.5B Bitcoin Bet: Early Profits, Massive 2022 Sales, and What 
Happened Next Tesla and its CEO Elon Musk played […]

What Happened to Tesla’s 43,770 BTC? On-Chain Data Reveals Full Story Behind Its Crypto Moves

If the CLARITY Act fails to pass, Giancarlo said he expects Paul Atkins at the 
SEC and Mike Selig at the CFTC will likely write rules to create clarity for 
the industry.

Crypto regulatory clarity matters more for banks, ex-CFTC chief says

Ethereum price started a fresh decline below $2,000. ETH is now correcting 
gains above $1,920 and might decline further in the near term. Ethereum 
started a downside correction below the $2,020 zone. The price is trading 
below $2,000 and the 100-hourly Simple Moving Average. There was a break below 
a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh decline if it stays below 
the $2,000 zone. Ethereum Price Dips Further Ethereum price started a fresh 
decline after it failed to stay above $2,020, like Bitcoin. ETH price declined 
below $2,000 to enter a bearish zone. Besides, there was a break below a key 
bullish trend line with support at $2,020 on the hourly chart of ETH/USD. The 
pair even dipped below $1,920. A low was formed at $1,912, and the price is 
now consolidating losses below the 23.6% Fib retracement level of the downward 
move from the $2,200 swing high to the $1,912 low. Ethereum price is now 
trading below $1,980 and the 100-hourly Simple Moving Average. If the bulls 
remain in action above $1,920, the price could attempt another increase. 
Immediate resistance is seen near the $1,980 level. The first key resistance 
is near the $2,020 level. The next major resistance is near the $2,050 level 
or the 50% Fib retracement level of the downward move from the $2,200 swing 
high to the $1,912 low. A clear move above the $2,050 resistance might send 
the price toward the $2,120 resistance. An upside break above the $2,120 
region might call for more gains in the coming days. In the stated case, Ether 
could rise toward the $2,200 resistance zone or even $2,250 in the near term. 
More Losses In ETH? If Ethereum fails to clear the $2,020 resistance, it could 
start a fresh decline. Initial support on the downside is near the $1,920 
level. The first major support sits near the $1,880 zone. A clear move below 
the $1,880 support might push the price toward the $1,850 support. Any more 
losses might send the price toward the $1,810 region. The main support could 
be $1,750. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 
momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below 
the 50 zone. Major Support Level – $1,920 Major Resistance Level – $2,020

Cryptocurrency price in PHP