80% of Crypto Thrives Despite The 2022 Chaos Market

What we’ll cover today:

🌪️ 2022 was a wild year for crypto.

📉 Bitcoin takes a hit: What’s really behind the drop?

⚠️ BlackRock’s CEO Just Sounded The Alarm.

1. 2022 Was a Wild Year for Crypto

Despite the chaos of 2022, more than 80% of crypto startups that raised $5 billion are still alive and building today.

Here’s what the report reveals:

• 76% of these startups launched products on mainnet.

• 18.5% of the projects didn’t survive.

• Only 1.5% found product-market fit.

• Just 12% secured follow-up funding.

Ethereum, Bitcoin, and Solana:

• Ethereum attracted the most funding, but Bitcoin startups were the most resilient.

• Solana projects struggled, with 26% failing after FTX's collapse.

Here’s the whole article

2. Bitcoin Takes a Hit: What’s Really Behind the Drop?

Bitcoin recently dropped below $62,500 after reports about a potential missile attack by Iran on Israel. 

The tension is making waves in the crypto market.

• U.S. officials confirmed Iran’s missile preparations, heightening regional tensions.

• Bitcoin fell 1.4%, with Ethereum and Binance Coin following suit.

• Global events, like the US-China trade war, have previously triggered similar market reactions.

Despite the dip, last week’s gains suggest this might only be a short-term pullback.

Here’s the whole article.

3. BlackRock’s CEO just sounded the alarm

BlackRock’s CEO just sounded the alarm, and it could shake up the entire crypto market.

If you think Bitcoin’s recent swings have been crazy, things are about to get even more intense.

Here’s what’s happening:

• BlackRock CEO Larry Fink’s warning: He thinks the market is too optimistic about the Fed cutting rates soon.

• China’s central bank: They’re preparing a “tsunami of liquidity” that could have massive effects on crypto markets.

• Elon Musk’s secret meeting: He met with El Salvador’s pro-Bitcoin president, adding to the intrigue.

With Bitcoin inching closer to $70,000, we could be on the verge of some serious action.

Here’s the whole article