Bitcoin L2s set to explode, and where’s all that new crypto VC money going?

The last 24 hours saw a lot of high-level analysis of Bitcoin in the wake of its heavy dip. Analysts and traders have been out in force to predict what will happen next, and we’ve got all the best insights for you. Meanwhile, Tether posted absurd profits in Q1, and we’ve got a round-up of crypto venture capital funding in the past month to keep you ahead of the curve.Further reading:The reasons Bitcoin price is down 11% since the halvingBitcoin dumps ‘bull market excess’ as daily ETF outflows pass $500MBlackRock Bitcoin ETF sees first outflow day amid record ETF bleedJerome Powell’s pivot heralds a boring summer for BitcoinBitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — AnalystBitcoin L2s set to explode as Runes congest BTC networkTether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and goldVC Roundup: Gaming investments surge 94% in Q124 as market reboundsSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.