Crypto Whales Back Bitcoin Bull Run Bets; Velo3D Raises $12 Million with Public Offering; Stay Ahead of Market Trends with Crypto Research and Investment Tools

In recent news, major investors in the cryptocurrency market, known as crypto whales, are once again accumulating large amounts of digital assets. These investors are anticipating the possibility of Bitcoin reaching over $100,000 in 2024. To ensure you do not miss out on potential gains from the next significant bull run in the crypto market, it is crucial to stay informed on market developments and investment opportunities.

In other news, Velo3D, Inc. (NYSE: VLD) has recently announced a $12 million public offering. The offering of 34.28 million shares of common stock and warrants to purchase an additional 34.28 million shares was priced at $0.35 per share, with accompanying warrants exercisable at the same price for up to five years. The offering is expected to close around April 12, 2024 pending customary closing conditions. Velo3D intends to use the net proceeds from the offering for working capital, capital expenditures and repayment of existing senior secured notes. As of the end of 2023, the company had $31 million in cash and investments.

For those interested in gaining exposure to Velo3D investors can consider investing in exchange-traded funds like the 3D Printing (The) ETF (BATS: PRNT) and ARK Space Exploration & Innovation ETF (BATS: ARKX). As of the latest check, VLD shares were down 40.14% at $0.2781.

To stay ahead of market trends and make informed investment decisions accessing Benzinga’s best crypto research and investments for only $1 can be a valuable resource. Stay informed and be prepared for potential opportunities in the evolving cryptocurrency market.

Finally, it’s important to note that investing always comes with risks and past performance is not necessarily indicative of future results. It’s always recommended to consult with a financial advisor before making any investment decisions.