Ethereum To Drop To $1,284 Before The Merge? VC Money In Crypto With David Nage, Arca

This episode covers two main topics: the Ethereum merge and the flood of VC money into crypto. Technical analysis suggests Ethereum may drop to $1,284 before the upcoming merge in September. I am breaking down why this may happen and discuss the possible scenarios for Ether. Also, I am joined by David Nage, portfolio manager at Arca who provided deep insights as to what's going on with VC money in crypto, where the funds are deploying cash and how venture investing has changed since last year's bull market. JOIN THE FREE WOLF DEN NEWSLETTER https://www.getrevue.co/profile/TheWolfDen GET UP TO A $8,000 BONUS IN USDT ►► https://thewolfofallstreets.info/bitget TRADE ON THE WORLD’S BEST DEX, BULLISH: ►► https://thewolfofallstreets.info/bullish/youtube Follow Scott Melker: Twitter: https://twitter.com/scottmelker Facebook: https://www.facebook.com/wolfofallstreets Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c Timestamps: 0:00 Intro 1:30 Crypto market update 3:09 David Nage 4:05 $290 billion in dry powder 5:15 $10 billion deployed in crypto in Q2 2022 6:30 VC money is still coming into crypto 7:10 42% of all investments are in Web3 10:00 DeFi and the code 11:30 Main point of failure are bridges 12:15 Arca’s fund performance 14:15 The merge 17:55 a16z invested $1 billion in seed in 500 companies 19:47 VC behavior: what is behind the urge to deploy money 22:53 Ethereum can go down to $1,284 31:02 Argentine Presidential Candidate Sued Over Alleged Crypto Ponzi Scheme 32:35 a16z believes in crypto 33:42 Telegram CEO Proposes Auctioning Usernames, Links As NFTs 34:35 Metaverse avatar platform Ready Player Me raises $56 million 36:40 NFT exchange SudoRare suffers $800,000 ‘rug pull’ six hours after launch 38:00 Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge 39:17 Wrap up The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment. Learn more about your ad choices. Visit megaphone.fm/adchoices