Author: John Smith
Numerai — the San Francisco hedge fund that looks more like a sci-fi lab than a Wall Street operation — has raised $30 million in Series C funding, the company announced. Summary Numerai scored backing from university endowments and existing investors like Union Square Ventures and Paul Tudor Jones. The AI-driven hedge fund now marches toward nearly $1 billion in AUM. Numerai plans to expand AI engineering, grow its global data science tournament, and scale institutional products. The round, led by university endowments, values Numerai at $500 million. That’s a fivefold leap from 2023, suggesting the company’s AI models were…
Analysts at JPMorgan warn that more than 20% of Strategy’s market cap sits in passive indices, which are now threatening to delist it. Summary Michael Saylor’s Strategy could lose $2.8 billion if MSCI removes it from its passive indices The Bitcoin treasury firm could lose a further $8.8 billion out of its $50 billion market cap if others follow MSCI is currently considering a proposal to exclude crypto treasury firms from its benchmark indices Michael Salyor’s Bitcoin buying machine could face a reckoning that could wipe out more than 20% of its total market cap. On Wednesday, November 19, analysts…
Investors are scaling back on risk assets amid declining hopes that the Federal Reserve will cut rates before the end of the year. Summary The crypto market crash affected most major crypto assets. The likelihood of December rate cuts has fallen to just 33%. Bitcoin could fall to 75,000 if macro conditions further worsen The crypto market is facing another sharp sell-off today amid deteriorating macro conditions. On Thursday, November 20, Bitcoin fell 2.52% to $86,585, its lowest level since April. Ethereum (ETH) fell to $2,818, erasing all its gains since July. Altcoins demonstrated even greater volatility. Solana price went…
Tokyo-listed Metaplanet plans to issue Class B perpetual shares worth $135 million to expand its Bitcoin reserves. Summary Metaplanet announced issuing about $135 million in shares to buy Bitcoin Class B shares will have no voting rights, but will have redemption at listing The firm currently owns 30,823 Bitcoin, worth about $2.69 billion As corporate Bitcoin adoption strengthens worldwide, one Metaplanet is taking an increasingly aggressive approach. On Thursday, November 20, the Tokyo-listed Bitcoin treasury firm announced the issuance of 23.61 million Class B Preferred Shares, valued at about $135 million. The firm will use the proceeds of these sales…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. This Digitap price prediction for 2025, 2026, and 2030 goes over the main factors that could affect the project’s long-term potential and what enthusiasts think. Summary Digitap is gaining attention because it offers real utility in connecting crypto and traditional banking systems. Analysts expect TAP prices to grow in the coming years as adoption increases and demand for unified crypto-fiat payments rises. Long-term forecasts suggest higher valuations by 2026 and 2030 if Digitap continues expanding its features, users, and…
XRP price is testing the $2 support zone as a pennant-style fractal begins to form, signalling a potential bullish setup if buyers continue defending the high-time-frame support. Summary Market sentiment around XRP is stabilizing as buyers repeatedly step in at key levels. Price behaviour suggests growing confidence despite recent volatility. Chart structure indicates momentum could shift quickly if bulls take control. XRP’s (XRP) price action is once again holding above a critical high-time-frame support zone, with the market defending the $2.00 to $2.06 region. This level has acted as a major structural anchor over multiple retests, and price continues to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Eden Miner has launched a mobile cloud-mining app that lets anyone earn crypto directly from their smartphone without hardware, setup, or high electricity costs. Summary The Eden Miner app makes crypto mining accessible to anyone by renting cloud computing power through a simple mobile interface. Users can choose low-cost mining packages, earn automated daily rewards, and rely on top-tier security backed by McAfee and Cloudflare. 24×7 global support, eco-friendly operations, and beginner-friendly tools make it suitable for users with…
Ethereum price rebounds, support holds, upside possible per analysts Summary Ethereum price rebounded after filling a Fair Value Gap near $2,880 and now holds above key support areas identified by technical and on-chain analysts. Market observers note increasing whale accumulation, decreasing retail exposure, and that high leverage may trigger sharp moves; a neckline break in a bullish formation could set significant upside. Upcoming U.S. labor data could cause volatility, while Ethereum is seen entering a liquidity-accumulation phase with potential for upward continuation. Ethereum price has rebounded after reaching $2,880, a level marked by earlier price inefficiencies, according to technical analysts…
XRP price is tightening inside a breakout pattern as traders watch for the impact of today’s Bitwise XRP ETF launch. Summary XRP trades near $2.13 as price compresses inside a tightening triangle pattern. Bitwise’s XRP ETF set to launch on the NYSE with fee waivers and rising institutional interest. Technical signals show mixed momentum, but a breakout becomes more likely as volatility builds. XRP traded at $2.13 at press time, slipping 1.1% over the past 24 hours as the crypto market saw mixed sentiment. The asset remains under pressure, down 14% in the last week and 12% over the last…
Bitcoin price is trying to push its way back above the $95,000 mark after sinking to a local low near $89,000, a drop that sparked a sharp rise in implied volatility. Summary Bitcoin price is attempting to break $95K after dropping from $126K all-time highs. Rising implied volatility and options skew indicate that traders are bracing for bigger swings. Technical indicators hint at a brief relief bounce, but the downtrend remains intact. BTC was trading around $92,858 at press time, up about 1.8% on the day, but still down 9% over the past week and 14% over the past month.…
