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Although many assets in the cryptocurrency industry are consolidating their previous gains, and the total crypto market capitalization is doing the same following a deep correction, a popular crypto expert has projected that the total crypto market cap might hit a staggering $15 trillion. Specifically, professional crypto trader Michaël van de Poppe has recently observed that the total crypto market capitalization was consolidating after a 25% correction and that this included a “50-70% on altcoins,” according to his detailed Analysis published in an X post on May 25. With this in mind, van de Poppe has predicted that the market could expect “some more consolidation before a clean break of the all-time high,” voicing his vision of the “total market cap going to $15T,” which would suggest a rally of 484% from the crypto sector’s current market cap. Picks for you ...

After a tumultuous year in crypto, investors are now more selective with their funding. It’s been a tough year for crypto, and venture capital activity confirms it. The collapse of FTX in November was the latest and most shocking in a series of closures of key market players this year — including Celsius, Voyager and BlockFi — that have shaken investor sentiment and wiped out $1.5 trillion in market capitalization from cryptocurrency space. Blockchain Venture Capital funding has been on a downward slope since May 2022, and November was no different, with inflows declining even further. However, the total capital inflows for 2022 have surpassed 2021 by almost $6 billion. According to Cointelegraph Research, VC funding declined 4.8% in November, totaling $840.4 million — down from $843 million in October. The Cointelegraph Research Terminal’s Venture Capital Database — which contains comprehensive details on deals, mergers and acquisition activity, investors, crypto companies, funds...