ArkotNews

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

The firm said it continues to invest in and expand its asset-management business.

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.

The latest price moves in crypto markets in context for April 10, 2023.

The firm started its fund as more crypto projects seek non-U.S. jurisdictions.

Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.