cryptocurrency It is now time for companies to accelerate further and the markets are hopeful for the first two quarters of 2025. Cryptocurrencies are experiencing a comeback similar to the one at the end of 2020 and despite interim corrections BTC reached six-figure prices. We have seen important announcements in crypto events this week, one of which has just been announced.
Million Dollar Altcoin Investment
Investment companies, crypto foundations and VC funds are accelerating investments in this field. few minutes ago Beam Foundation He announced plans to launch $150 million venture fund Beam Ventures. The announcement, which came at the event in Abu Dhabi, aims to turn the region into a global gaming center.
This strategic move aims to support cryptocurrency startups at the intersection of blockchain, gaming and artificial intelligence. Beam Ventures, which will allocate the resources needed to game developers at an early stage, will enable the birth of new cryptocurrency projects.
Abu Dhabi in the United Arab Emirates has ambitious goals, including a growing gamer community and the development of an esports island. HE Saeed Al Fazari, Executive Director of Strategic Affairs, Abu Dhabi Ministry of Culture and Tourism, said;
“We have built a robust gaming infrastructure in Abu Dhabi over the last three years and establishing a dedicated gaming fund is a crucial step to ensure this ecosystem continues to thrive. This initiative aligns seamlessly with our Abu Dhabi Gaming efforts, reflecting our commitment to welcoming investment in the gaming sector and underscoring the trust and confidence investors place in our ecosystem.
We remain committed to attracting and nurturing talent, contributing to the knowledge-sharing economy and driving the growth of creative industries in Abu Dhabi. “This funding is another step towards ensuring Abu Dhabi becomes a global hub for excellence and innovation in gaming.”
Cryptocurrencies Latest Status
Bitcoin 
$97,364.3 The price is over $98,000 at the time of writing and in altcoins The decline is now reversing. Following the US inflation data coming today, the pressure on the macroeconomic front may decrease significantly. While Bitcoin market dominance began to decline again, the total value of cryptocurrencies increased by approximately 1%.
All cryptocurrency Total volume on stock exchanges continues to remain above $275 billion. ETH It is still below $3,800 and if it can exceed this level once again, it can now seek peaks above $4,000.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
