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Tether’s market cap reaches a new high of $83.2 billion, recovering from a $20 billion loss last year. Its resilience, industry-leading transparency, and recent ventures into crypto mining and sustainable practices contribute to its regained trust and success in the cryptocurrency landscape.

StepStone Group has raised $96.54 million for two blockchain-focused private equity funds, highlighting increased interest in digital assets and blockchain technology. The funds’ allocation and strategies remain uncertain, raising questions about their impact on the blockchain ecosystem and private equity investors.

Blockchain data analytics platform Nansen cuts its workforce by 30% due to the ongoing cryptocurrency market slump. CEO Alex Svanenik admits unsound rapid scaling led to a high cost base, resulting in organizational changes for sustainability.

Major crypto projects like Blur, 1inch Network, Hedera, and others are planning to increase their circulating token supply in June 2023 with over $481 million worth of significant tokens set to be unlocked. While this could trigger market uncertainty, it showcases confidence in projects and contributes to long-term growth. Investors should conduct thorough research before making decisions.

Digital Currency Group (DCG) is shutting down its institutional trading arm, TradeBlock, amid unfavorable crypto market conditions and an uncertain US regulatory environment. DCG’s closure follows losses surpassing $1 billion last year and financial difficulties within its lending division, Genesis Global. The closure may lead institutional investors to question the digital asset market’s future viability.

Hong Kong-based Metalpha received a $5 million investment from mining rig manufacturer Bitmain for its Next Generation Fund I, aiming to raise $100 million. The fund invests in Grayscale products through structured derivatives, ensuring legal compliance in the US and Hong Kong, while providing exposure to digital asset portfolios.

Berenberg Bank’s report suggests MicroStrategy as an attractive alternative to Coinbase for crypto investors, citing regulatory concerns for Coinbase and favorable demand drivers for Bitcoin. MicroStrategy’s unique business model focuses on acquiring and holding bitcoins, avoiding regulatory uncertainties.

Crypto funds pool money from multiple investors to purchase a diverse range of digital assets, playing a significant role in stabilizing projects and driving demand. However, they face unique risks such as market volatility, hacking, and regulatory uncertainty. These funds provide liquidity, encourage innovation, and make the crypto market accessible to smaller investors, shaping the market’s development.

The surge in popularity of tokenized money market funds indicates a shift in the perception and utilization of crypto investments. Offering relatively safe ways to earn a yield, these funds attract digital asset investment funds, crypto companies, and DAO treasuries, signifying a continued merging of blockchain technology with traditional finance.

Despite the recent downturn in Bitcoin Ordinals, investments in Bitcoin-only companies continue to grow, driven by business and institutional adoption. River, a US-based Bitcoin technology and financial services company, recently secured $35 million in Series B funding, highlighting interest in Lightning Network solutions for low-fee, high-throughput payments.

In the highly volatile and rapidly evolving world of crypto, passive investing may not yield desired results. The best options are to buy and HODL Bitcoin (BTC) or engage in active management to identify tokens with potential to outperform. It’s crucial to remain active, vigilant, and well-informed to succeed in digital asset markets.

The crypto winter has led to industry growth by forcing out unsavory operators and allowing legitimate businesses to thrive, says Marathon Digital CEO Fred Thiel. Market turmoil pushes regulators to establish oversight, paving the way for resilient businesses and fostering innovation and investment in blockchain technology. Adaptability remains crucial for future success.

Tips for evaluating crypto and blockchain companies include assessing traction outside the blockchain space, standard business fundamentals, risk management, founder backgrounds, team experience, community engagement, technology differentiation, problem-solving capabilities, and viability of financial projections. This helps make informed decisions and avoid bad actors in the industry.

Galaxy Digital reports a net income of $134 million for Q1 2023, a significant improvement from previous losses, highlighting the recovering cryptocurrency market. With assets under management rising, the industry’s potential for sustainable growth relies on cautious optimism, learning from past fluctuations, and emphasizing oversight and transparency.

The article highlights the extreme volatility of meme coins like Dogecoin and PepeCoin and emphasizes the importance of diversification and active management in crypto investments. By including established coins like Bitcoin and Ethereum, investors can reduce risk and better navigate the unpredictable crypto market.

The risk/reward ratio is essential in cryptocurrency trading for evaluating short-term trades and long-term investments. It helps traders make informed decisions with risk management strategies by considering factors like position size, win rate, maximum drawdown, and expectancy. However, it should be used alongside other risk management tools for maximum effectiveness.

The global crypto market cap decreased by 2.60%, with over $182 million worth of crypto assets liquidated in 24 hours. Ethereum creator Vitalik Buterin selling 15,000 ETH is cited as the potential trigger for the crypto market selloff. Investors must conduct thorough market research and consider long-term prospects before making investment decisions in cryptocurrencies.