Some people call this news a fud. Even if it's true, I don't think we'll see a big movement at the price.

On the other hand, we see that VC funding is increasing even though we face a bearish season. Not surprising, speculation and maybe realization of blockchain potential clicked those VC. I still think people who want to risk a lot will choose crypto instead of gold or any other asset. It's a high-risk high return investment, after all.