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JPMorgan: Bitcoin mining companies and other listed crypto firms outperformed the crypto market itself in January

ChainCatcher news, according to decrypt, JPMorgan analysts wrote in a report on Tuesday that the market capitalization of publicly traded cryptocurrency companies tracked by JPMorgan (including Coinbase and Bitcoin mining companies like Marathon and Riot) grew by 14% in January, reaching $108 billion, while the cryptocurrency market itself had a market capitalization of about $3.2 trillion at the end of January, an increase of 8%.Analysts pointed out that as a crypto-friendly regulatory environment begins to take shape under Trump's administration, the market capitalization growth rate of publicly traded cryptocurrency companies is nearly double that of the overall cryptocurrency market.Additionally, the SEC's willingness to work with cryptocurrency companies may benefit Coinbase, as the SEC filed a lawsuit against Coinbase in 2023 for alleged violations of registration requirements. However, JPMorgan analyst Charles Pearce stated that the performance of publicly traded cryptocurrency companies may have been largely driven by hype surrounding artificial intelligence, "the narrative for Bitcoin mining companies partly revolves around their ability to transition to HPC data centers, and some stocks have benefited from this development, which is unrelated to the overall trend of the cryptocurrency market."

Web3 venture capital fund Becker Ventures made its debut at Consensus in Hong Kong and will hold a closed-door cocktail party for investors on February 19

ChainCatcher news, Becker Ventures today announced that it will host an "Exclusive Venture Horizon" investor invitation-only cocktail party on February 19 at 18:00 at SOHO House, Central, taking advantage of the annual blockchain event Consensus in Hong Kong.According to official disclosures, this event will selectively invite representatives from leading institutions such as OKX Ventures, Alliance DAO, Paradigm, as well as high-quality Web3 projects that have been selected for the Becker Ventures acceleration program.The event will adopt a dual-track mechanism of invitation and registration review, focusing on cutting-edge tracks such as Infra, DeFi, and AI, with special sessions for project roadshows, thematic roundtables, and free networking."Hong Kong, as a hub for Web3 innovation and consensus, is attracting builders from around the world to converge here," said a founding partner of Becker Ventures. "We look forward to creating a chemical reaction between builders who truly create value and discerning VCs through deep social scenarios."It is reported that the fund's first phase has a scale of $50 million, focusing on innovative projects from seed to Series A rounds. The event has opened a limited registration channel, and Web3 entrepreneurs can submit their BP through luma to obtain entry qualifications. Industry observers point out that this closed-door event may become the most valuable capital matchmaking platform for Hong Kong's Web3 month.
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