The Last Sprint

As we step into the second quarter of 2025, there’s a palpable feeling in the air—one that’s familiar to those who’ve weathered the highs and lows of the crypto market before. It’s not euphoria, not quite yet. But it’s close. It’s the quiet optimism before a final sprint. A collective breath being held across trading desks, Telegram chats, and venture capital boardrooms alike. The year began with fireworks. In January, Bitcoin surged to a new all-time high of $109,000, reigniting bullish sentiment across the industry. Ethereum followed suit with aggressive upward momentum, fueled by institutional flows, layer-2 scaling progress, and its continued dominance in DeFi. The market seemed invincible. But then came the reality checks—macro turbulence, profit-taking, and inevitable corrections. As of early April, BTC sits just above $85,000, while ETH has settled near $1,850. To the casual observer, it might appear that momentum has waned. But beneath the surface, the data—and the mood among serious players—tells a different story.

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Private Signals in a Public Market

In Q1, TGE Ventures was invited to a closed-door session with DWS, the ETF arm of Deutsche Bank. These aren’t your average newsletters or Twitter threads—this is where capital gets reallocated, and strategic theses are quietly formed. In that meeting, DWS revealed its internal targets for Q4 2025: $185,000 for BTC and $5,500 for ETH. Now, let’s be clear: we’re not in the business of endorsing price predictions. What matters to us is not the number—but the conviction behind it. The presence of such targets signals that institutional capital still sees room to run. And when the money speaks, the market eventually listens.

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How We’re Navigating This Market

At TGE Ventures, we’ve learned to respect the cycles—but never fear them. Our positioning reflects that philosophy. We maintain core positions in major assets—not just as financial instruments, but as long-term infrastructure plays. Bitcoin for its role as a digital store of value. Ethereum for its unparalleled utility layer. These holdings provide the bedrock for our ecosystem. But beyond passive exposure, we're actively building. In 2024, our ecosystem helped incubate and scale some of the most successful Web3 projects, and this year, we’re doubling down. Our upcoming TGE Launchpad isn’t just another IDO platform—it’s a highly selective funnel designed to surface only high-impact, high-upside projects. We’ve developed a reputation for backing winners, and that gives us the luxury to be choosy. In a saturated market, that’s our edge. We see this as the maturation of the space. No longer is it about hype cycles and token speculation alone. Real value is being built—and our platform is here to ensure those building it have the support, capital, and community to succeed.

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The Sentiment Shift

Across forums, fund updates, and crypto-native media, one theme is emerging: we’re not at the beginning of the bull run—we’re nearing its crescendo. There’s still upside, but it's becoming increasingly asymmetric. This is the moment where conviction pays, but due diligence matters more than ever. You can feel it in the data: Institutional flows are rising again post-halving. Retail is cautiously re-entering. Derivatives markets are warming up. On-chain activity is beginning to echo early 2021 levels. And you can sense it in the narrative: Bitcoin ETFs are maturing, not just launching. Governments are talking about national reserves and crypto strategy. Layer-2s and real-world asset platforms are bringing fresh capital and use cases on-chain. This is the last sprint of optimism—one final push before the inevitable cooling phase. And at TGE Ventures, we’re not just observing it—we’re helping shape it.

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Looking Forward

As we move through 2025, our focus is clear: Hold conviction in major assets that continue to define the macro direction. Launch selectively, with a focus on founders and fundamentals—not fads. Advise, invest, and build where we can make a disproportionate impact. The future of crypto is not a single coin or cycle. It’s an evolving story of global infrastructure, digital sovereignty, and financial transformation.