Key Notes The miner eliminated all outstanding balances under facilities worth up to $300 million by November 2024. CleanSpark raised $1.15 billion through convertible notes to retire debt and fund AI data center expansion. Bitcoin hashprice near $35/PH/s/Day has squeezed mining margins to break-even levels for the company. Bitcoin miner CleanSpark [NC] has repaid its credit facility with Coinbase, acting decisively amid falling Bitcoin BTC $89 696 24h volatility: 2.4% Market cap: $1.79 T Vol. 24h: $64.68 B prices and declining hashprice levels. The move signals a shift toward greater…
Category: Reviews
Zcash Price Reclaims $500 as Grayscale Files Form S-3 to Convert $277M Zcash Trust to Spot ETF
Key Notes Grayscale’s ZCSH Form S-3 filing represents a critical milestone toward launching the first institutional Zcash exchange-traded product. Open interest dropped over 6% to just above $1B while volume surged 20%, indicating profit-taking dominated trading activity. Long-to-short ratios fell below 1.0 on major exchanges, reflecting weakened bullish conviction despite the regulatory progress. Digital asset manager Grayscale advanced its plans to convert the Zcash Trust, launched in 2017, into an Exchange-Traded Fund as US regulatory posture begins to shift under the Trump administration. The firm submitted its ZCSH Form S-3 filing,…
Ethereum Price Prediction: Hedge Funds Are Shorting the Dollar – Here’s Why ETH Holders Should Pay Attention
They noted the strong inverse correlation between the US Dollar Index and cryptocurrencies. A stronger dollar often restrains risk assets, while a weaker dollar usually supports rallies across Bitcoin, Ethereum, and the broader market. Recent data shows that hedge funds hold unusually large short positions against the dollar. This increases the risk of a reversal with massive pressure on crypto. Analysts said that a strong rebound in the dollar would threaten the foundation of the bullish narrative that many Ethereum (ETH) holders expect to unfold into 2026. The Dollar’s Most…
Binance Stablecoin Reserve Hits ATH, Is This Good Sign?
Key Notes CryptoQuant reported that Binance’s stablecoin reserve has topped $51.1 billion. To complete this, BTC and ETH inflows into Binance came in at $15 billion. Generally, there is a surge in the rate of stablecoin adoption. Blockchain analytics platform CryptoQuant has reported a significant surge in Bitcoin BTC $87 234 24h volatility: 0.4% Market cap: $1.74 T Vol. 24h: $59.31 B stablecoin reserve on exchanges. Precisely, it hit a record of $51.1 billion, marking the highest level in all of history. Binance Outperforms Other Exchanges in Stablecoin Reserve According…
What’s Behind the 40% Monad (MON) Price Rally?
Key Notes Monad network participation surged sharply, with Monad holders rising 283% in 24 hours and on-chain. Network activity exceeded 4.2 million transactions in 48 hours, signaling strong early adoption. After an initial post-launch dip below its public sale price, MON price staged a rapid rebound, jumping 100% within 48 hours. Layer-1 blockchain network Monad has stormed the crypto market with its native cryptocurrency MON, gaining 40% on the second day of launch. The market sentiment remains upbeat following the mainnet launch on November 24, accompanied by a $105 million…
Cosmos Overhauls ATOM Tokenomics
Key Notes Cosmos maintains a $1 billion valuation despite a steep weekly correction. The community has begun a structured research process to redesign ATOM’s economy. Early charts show ATOM holding a critical support band near $2.40. Cosmos ATOM $2.45 24h volatility: 1.0% Market cap: $1.18 B Vol. 24h: $48.43 M continues to hold a market capitalization above the $1 billion mark, even after prices dropped by roughly ten percent over the past week. Meanwhile, the project is preparing for one of the most important structural changes in its history. The…
Reliance Global Bets on ZCash
Key Notes Reliance Global cited ZEC’s long-term potential, privacy architecture, and regulatory-aligned dual transaction model. The move follows a broader trend of institutional interest, with Cypherpunk Technologies also acquiring 200,000 ZEC this month. ZEC remains up 40% over the past month, with analysts noting that price action is still bullish. Reliance Global, a Nasdaq-listed insurance technology firm, has announced plans to move its entire crypto treasury to popular privacy coin ZCash ZEC $495.1 24h volatility: 2.5% Market cap: $8.14 B Vol. 24h: $1.04 B . The decision comes following a…
Cardano Gets OK for .ADA & .Cardano Domains
Key Notes More than one month after asking for community support, Cardano Foundation has received approval for the pursuit of top-level generic domain names. Of the 225 entities that voted, 74.5% supported the initiative. ADA price has jumped by 0.29% following the announcement. After such a long wait, the Cardano Foundation ADA $0.41 24h volatility: 0.6% Market cap: $15.15 B Vol. 24h: $575.44 M finally received 74.5% approval to move forward with its pursuit of top-level generic domain names. As a result, it can now participate in the upcoming application…
Coinbase Ventures to Double Down on AI and RWA Perps in 2026
Key Notes Coinbase Ventures plans to focus on expanding Artificial Intelligence and Real World Assets perpetuals by next year. In preparation for next year, Coinbase Ventures has released its roadmap, which includes plans for increased investment in Artificial Intelligence (AI) and Real World Asset (RWA) perpetuals. The firm is also keeping a close watch on trading terminals for prediction markets. This move suggests that Coinbase will be expanding its business beyond crypto by 2026. Coinbase Explores Demand for Macro Asset Exposure Onchain According to a new disclosure, Coinbase Ventures, the…
The Bull And Bear Scenario For XRP That Could Play Out In November
After a few months of ups and downs, the XRP price had fallen below $2 this month for the first time in seven months, breaking down toward its yearly support of $1.79. While there has been some recovery recently, the momentum remains low, and the chances of a sustained recovery decline with each new dip. As the altcoin continues to struggle, a market analyst has outlined the two major directions that the price could go in, given the bull and bear scenarios. The Bull Case For XRP For the XRP…