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<ul class="news-points"> 
 <li>Founders Fund’s recent crypto purchase signals renewed interest in cryptocurrency from Silicon Valley.</li> 
 <li>The renowned VC invested $200 million to acquire the crypto tokens from late summer to early fall last year.</li> 
 <li>Founders Fund started an aggressive Bitcoin acquisition in 2014 before liquidating its holdings ahead of the 2022 crypto market crash.</li> 
</ul> 
There is renewed interest in cryptocurrency from Silicon Valley, the historical hotbed of the novel technology which is signaled by the Founders Fund’s recent investment in <a href="https://coinedition.com/bitcoin-btc-price-prediction/">Bitcoin </a>and <a href="https://coinedition.com/ethereum-eth-price-prediction/">Ether</a>. <a href="https://www.reuters.com/technology/peter-thiels-founders-fund-made-200-million-crypto-investment-before-bull-run-2024-02-13/" target="_blank" rel="nofollow">Reports</a> show that the renowned Venture Capitalist (VC) invested $200 million to acquire the crypto tokens from late summer to early fall last year. 
This move by the Peter Thiel-owned venture underscores the return of some investment behemoths who left the crypto space during the last bear market. Institutional investors in Silicon Valley comprised the hub of cryptocurrency investments ahead of the 2022 market crash. 
A combination of a bear market triggered by the cryptocurrency clampdown, restrictions in China, and the 2022 FTX collapse led to the exit of several notable investors from the crypto market. Digital asset price…
The post <a href="https://coinedition.com/founders-fund-buys-200m-worth-of-btc-and-eth-ahead-of-the-bull-run/">Founders Fund Buys $200M Worth of BTC and ETH Ahead of the Bull Run</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Founders Fund Buys $200M Worth of BTC and ETH Ahead of the Bull Run

Coin Edition

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