PANews reported on December 14th, citing DL News, that 16 crypto startups raised $176 million this week, bringing the total investment this year to over $25 billion, more than double last year's figure and far exceeding analysts' expectations. Major investors this week included Pantera Capital, Coinbase Ventures, and DCG, indicating that investors continue to pour into the crypto market despite a $1 trillion drop from its October high.