The Wolf Of All Streets Bitcoin PANIC At $87K As Lower Highs Set In! What's Next?
Dec 16, 2025
In this discussion, venture investor Tom Dunleavy sheds light on the downturn in crypto startup funding, attributing it to less VC capital. Andrew Parish emphasizes the shift towards tokenizing real-world assets, while they all contemplate how institutional investors are beginning to adopt crypto, albeit slowly. Tillman Holloway humorously compares market turbulence to flying, suggesting that institutional buying will eventually lead to a recovery. The trio also discusses future trends, including prediction markets and the streamlining of user experience in crypto adoption.
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VC Drought Creates Pre-Seed Opportunity
- Crypto VC capital has collapsed from tens of billions to under $5B annually, concentrating opportunity for active pre-seed investors.
- Tom Dunleavy says fewer competing investors make deploying capital in early deals attractive despite high valuations.
Real-World Use Cases Are Gaining Traction
- New real-world-use cases like tokenized RWAs, prediction markets, and yield vaults are maturing beyond pure speculation.
- Tom Dunleavy highlights these as durable product categories attracting longer but more meaningful funding rounds.
Big-Name Buying Amid Retail Fear
- Institutional buy-in is rising even as retail fear remains extreme, creating a disconnect between market sentiment and traditional finance flows.
- Andrew Parish points out Larry Fink's comment about nation-states buying the dip as evidence of institutional accumulation.