Crypto Report

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Crypto gambles on the future 

Crypto startup investment stagnated in Q3. Deal value declined to $1.7 billion—down 31.3% from the previous quarter—a surprise halt to the sector’s strong momentum built over the preceding quarters, according to PitchBook’s latest Emerging Tech Research.  

But it is too soon to bet against crypto—and wagering with it might just be the next big thing. Decentralized, crypto-based prediction markets are poised to ride a wave of excitement hitting the betting industry that is projected to generate $45 billion per year in the US alone. But with plenty of regulatory and economic risks, investing in the segment is a gamble.