1+ hour, 47+ min ago (390+ words) [Berachain Denies Report, Calls Vc Refund Deal ]Berachain Responds to Refund Report, Clarifies Investor Terms The founder of Berachain has challenged recent reports suggesting that Brevan Howard's crypto fund, Nova Digital, was granted a $25 million refund rights linked to its Series B investment, emphasizing that the details were incomplete and misleading. Unchained reported that Nova Digital was granted a one-year period [...] [Berachain Denies Report, Calls Vc Refund Deal ]Berachain Responds to Refund Report, Clarifies Investor Terms The founder of Berachain has challenged recent reports suggesting that Brevan Howard's crypto fund, Nova Digital, was granted a $25 million refund rights linked to its Series B investment, emphasizing that the details were incomplete and misleading. Unchained reported that Nova Digital was granted a one-year period to seek a refund on its $25 million investment made during Berachain's April 2024 Series B funding round. An accompanying…...

3+ hour, 48+ min ago (208+ words) Investors in the cryptocurrency sector are increasingly turning to digital asset treasuries (DATs), with stocks of companies holding significant crypto assets rallying beyond broader market gains. Leading the charge, BitMine Immersion Technologies experienced nearly a 20% surge in its stock on Monday, reflecting renewed confidence in corporate crypto holdings amidst ongoing market volatility. Another notable performer was SharpLink Gaming (SBET), which saw a nearly 6% increase, trading above $10, alongside MicroStrategy (NASDAQ: MSTR), which gained 5% to reach $179. Such increases suggest a growing institutional interest in crypto-focused holdings, especially in companies with significant Ether assets. "Ethereum treasury companies are showing no signs of a bottom. A reversal in these stocks will start a major reversal in ETH," said macro investor Ted Pillows, emphasizing the potential for a bullish trend driven by corporate treasury movements. Ether has regained about 3% in the past day, reaching an…...

5+ hour, 49+ min ago (747+ words) [Upbit Eyes Nasdaq Ipo After Naver Merger, Say Reports]South Korean Crypto Exchange Parent Eyes US Market with Potential IPO Dunamu, the parent company of South Korea's leading cryptocurrency trading platform Upbit, is preparing to enter the United States market through a significant corporate move. Following its imminent merger with Naver, one of South Korea's most influential tech giants, Dunamu is eyeing an initial [...] [Upbit Eyes Nasdaq Ipo After Naver Merger, Say Reports]South Korean Crypto Exchange Parent Eyes US Market with Potential IPO Dunamu, the parent company of South Korea's leading cryptocurrency trading platform Upbit, is preparing to enter the United States market through a significant corporate move. Following its imminent merger with Naver, one of South Korea's most influential tech giants, Dunamu is eyeing an initial public offering (IPO) on the [NASDAQ]Nasdaq, signaling its ambitions to expand…...

7+ hour, 50+ min ago (140+ words) Tickers mentioned: $SOL, $XRP, $LTC, $LINK Price impact: Negative. Market indicators such as negative funding rates and declining total value locked signal caution among traders. Trading idea (Not Financial Advice): Hold. The technical bounce needs further confirmation as derivatives signals remain bearish. Further, the premium on SOL two-month futures relative to the spot price has fallen to zero, a strong indicator of bearish market sentiment. This suggests traders are less inclined to hold bullish positions, and unless this metric improves, downside pressure is likely to persist. Thus, while SOL has shown some resilience, ongoing derivatives weakness and declining network revenue suggest that the path to a sustained rally remains uncertain. Market participants will be watching derivative markets closely for signs of capitulation or renewed confidence to confirm whether recent gains can be sustained or if further declines lie ahead....

9+ hour, 51+ min ago (226+ words) Profitability within the Bitcoin mining sector is under increased pressure as network difficulty and declining revenues impact operators worldwide. The surge in network hashrate alongside falling Bitcoin prices has created a challenging environment for miners striving to maintain margins. Price impact: Negative, as declining revenues and rising costs threaten profitability across the sector. Bitcoin miners are grappling with a significant profitability squeeze amid record-high network difficulty. Data from The Miner Mag reveals that the Bitcoin network's hashrate hit 1.16 zettahashes per second in October, a new peak that exacerbates competition among miners. Concurrently, Bitcoin's price dropped toward $81,000 as of early November, leading to an erosion of mining revenues. While many miners are attempting to diversify into AI and high-performance computing services, these efforts have yet to generate substantial income to offset falling Bitcoin revenues. JPMorgan highlighted that Cipher Mining's shares have…...

11+ hour, 52+ min ago (242+ words) Asset management giant Franklin Templeton has introduced an exchange-traded fund (ETF) tracking XRP on the NYSE Arca, marking a significant milestone in institutional acceptance of cryptocurrencies following recent regulatory clarity. The launch signals increased investor confidence in digital assets, particularly those involving Ripple's native token, XRP, which has gained recent price momentum. Price impact: Positive. The launch coincides with XRP's recent price surge and increasing investor interest. Market context: The approval of XRP ETFs reflects a broader thaw in US regulatory attitudes toward crypto assets following the SEC's case resolution. This development may pave the way for more institutional adoption and diversified investment options within the sector. While official inflow data for Franklin Templeton's XRP ETF remains unavailable, NYSE Arca reported over 768,692 shares traded so far. Hunter Horsley, CEO of Bitwise, noted that in the last week, the ETF accumulated…...

13+ hour, 53+ min ago (420+ words) Tickers mentioned: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH Price impact: Positive, driven by increased inflows and technical support levels, though resistance levels pose short-term hurdles. Meanwhile, Bitcoin's price may see some chop within the $90,000 range, according to Arthur Hayes, co-founder of BitMEX, who anticipates possible dips into the low $80,000s, with the $80,000 level likely serving as a critical support point. The overall market sentiment remains cautiously optimistic, with key resistance levels around $94,620 for Bitcoin and similar levels for major altcoins. The S&P 500 showed resilience after bouncing from support at 6,550. The index is attempting to extend its recovery, but faces overhead resistance around the moving averages and the resistance line. A decisive break above the resistance could signal that the correction has ended and pave the way toward new highs near 6,920. In the forex market, the US Dollar Index,…...

15+ hour, 54+ min ago (379+ words) [How Far Can Zcash Price Drop After 30% Crash From November Peak?]Market Analysis: Zcash Faces Potential Downtrend Amid Technical Signals and Bearish Sentiment Zcash (ZEC) has experienced a notable decline, falling approximately 30% from its peak of $750 reached in November. The recent price action has prompted concerns over further downside, with some analysts warning of a possible "pump-and-dump" scenario amid suspicious promotional activities. Despite the [...] [How Far Can Zcash Price Drop After 30% Crash From November Peak?]Market Analysis: Zcash Faces Potential Downtrend Amid Technical Signals and Bearish Sentiment [ZEC]ZEC/USDT four-hour chart. Source: [TradingView]TradingView Technical Indicators Signal Possible 50% Decline Currently, Zcash is trading within a symmetrical triangle pattern on the four-hour chart, indicative of market indecision following a substantial 1,500% rally since late September. The pattern is reinforced by a rebound from the 200-4H exponential moving average (EMA), a critical support…...

18+ hour, 14+ min ago (407+ words) [Bitcoin]Quantum Threats and the Future of Bitcoin Security The looming threat of quantum computing poses significant challenges to Bitcoin's security infrastructure. While the technological solutions are within reach, the core issue revolves around community consensus and the management of existing Bitcoin held in vulnerable addresses. Experts highlight that addressing the quantum threat isn't purely a [...] [Bitcoin]Quantum Threats and the Future of Bitcoin Security The looming threat of quantum computing poses significant challenges to [Bitcoin]Bitcoin's security infrastructure. While the technological solutions are within reach, the core issue revolves around community consensus and the management of existing [Bitcoin]Bitcoin held in vulnerable addresses. Experts highlight that addressing the quantum threat isn't purely a technological matter but also a question of collective decision-making within the Bitcoin ecosystem. Majority of Bitcoin remains in addresses that could be compromised if quantum computers…...

19+ hour, 7+ min ago (217+ words) Bitcoin Cash $BCH was up 10% last week following news on Friday that Nasdaq listed fintech company mF International has raised $500 million for a bitcoin cash treasury. Before the announcement on-chain data shows several large wallets were already accumulating in the prior days, which potentially provided support to the BCH price in the midst of a wide downturn in crypto markets. BCH formed in 2017 as a result of a hard fork from the original bitcoin cryptoasset. BlackRock's IBIT posts record daily outflow" BlackRock's IBIT spot bitcoin ETF recorded its largest one-day outflow since the start of trading in January 2024, with outflows of $523 million last Tuesday. Across last week IBIT saw $1.08 billion in net outflows as institutional investors recalibrated their position on risk assets. There is a similar story with ETHA, BlackRock's spot ethereum ETF, which is currently on a nine-day losing…...