Q4 Projections: Crypto Sees $321M in Inflows—$TAO Gains Attention: News of September 23, 2024
Last week, digital asset investment products recorded net inflows of $321 million for the second consecutive week, largely influenced by the Fed’s rate cuts. As Q4 approaches, the crypto landscape is poised for significant change, with $TAO capturing community interest.
Crypto funds saw $321m inflows last week
Digital asset investment products recorded net inflows for the second consecutive week, reaching $321 million, according to a report by CoinShares. The surge was likely influenced by the Federal Reserve’s decision to cut interest rates by 50 basis points. Bitcoin dominated the inflows, attracting $284 million, while Ethereum continued its streak of outflows for the fifth week, losing $29 million over the past week.
Weekly Crypto Asset Flows (US$m)
Barry Silbert has publicly endorsed $TAO, drawing attention from the crypto community. Meanwhile, Elon Musk has been spotted liking several related tweets, fueling speculation. Enthusiasts are now anticipating a potential surge, with some eyeing a four-digit valuation for $TAO.
Crypto VCs raised $2.2bn this year, well below 2021
It took 2.5 years for crypto VC funding to recover and surpass 2018’s peak levels.
Now, over two years have passed since the sharp downturn in 2022, when funding plummeted across the industry. Keep a close watch on Q1 2025—potentially a pivotal moment for capital deployment.
Which projects caught your eye in Singapore? Those that impressed there might be the first to attract VC dollars when the tide shifts. Getting ahead of the money flow could be your strategic edge: said s4mmy.moca from his twitter:
We got @BarrySilbert shilling $TAO
— WIZZ🥷 ( beware scammers ) (@CryptoWizardd) September 20, 2024
Elon Musk liked some tweets
We getting warmed up for 4 digits $TAO pic.twitter.com/fVDu4mXquW
Kamala Harris Commits to Crypto and AI Expansion in Bid for Presidential Win
At a Manhattan fundraiser, Harris announced plans to collaborate across various sectors.
“We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors,” Harris explained.
Q4 Projections: The Stakes Have Never Been Higher Bitsgap q4
With the average performance for Q4 hitting an impressive 88%, we find ourselves at a critical juncture. This isn't just a number—it's a signal that the landscape is shifting.
Historically, Q4 has been a period of significant activity and investment in the crypto space, but this year feels different. The sustained average suggests a robust underlying momentum that could lead to unprecedented opportunities.
As the market matures and institutional interest grows, the stakes are higher than ever. We’re no longer in a speculative phase; we’re entering a realm where strategies need to be sharp, and decisions must be informed.
Investors and innovators alike should brace for a transformative quarter ahead. This is the moment to focus, adapt, and seize opportunities as they arise. The game is on—are you ready?
