Core Viewpoint - Cathie Wood, a prominent investor in the tech sector, is actively adjusting her investment strategies in response to market changes, particularly in the cryptocurrency space [1][2]. Group 1: Investment Strategy - ARK Invest has recently sold shares of Reddit and Pinterest to invest in Bullish, a crypto trading platform backed by Peter Thiel, indicating a strategic shift towards crypto assets [3][4][5]. - The firm sold $3 million worth of Reddit shares and over $618,000 in Pinterest shares, reflecting a response to the broader tech sell-off [3][4]. - ARK Invest purchased $10 million in Bullish shares, diversifying this investment across three funds: ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), and ARK Next Generation Internet ETF (ARKW) [5]. Group 2: Market Reactions - Following the recent crypto market downturn, Cathie Wood adjusted her Bitcoin price projection from $1.5 million to $1.2 million, showcasing her adaptability to market conditions [2]. - Bullish shares experienced a decline of 4.5%, closing at $36.75, and were trading at $36.29 in pre-market hours, indicating volatility in the crypto stock market [5].

Key Points Meme coins, especially political ones, are extremely speculative and volatile. Cryptocurrencies with utility have a better chance of success. 10 stocks we like better than Official Trump › The Official Trump (CRYPTO: TRUMP) and Melania Meme (CRYPTO: MELANIA) meme coins surged recently on the back of news that lawmakers had reached a deal to end the government shutdown. TRUMP rose over 20% in the week before Nov. 10, and MELANIA was up over 60% Political meme coins, also called PolitiFi, ...

Bitcoin’s (BTC) fall below the crucial $100,000 mark last week triggered a wave of short positions from massive whales on Hyperliquid. The largest Hyperliquid whales, with over $50 million in digital assets, have been heavily betting on a further crypto market correction, according to data from Coinglass. Data shows that the so-called Hyperliquid “Leviathans” – referring to a mythical sea monster to illustrate their size – currently have $3.44 billion in open positions, comprising $1.15 billion in longs ...

🔥SCOOP: Ex-Alameda Co-Founder's Crypto Trading Firm Lantern Ventures Said to Be Winding Down Funds@IanAllison123 & @willcanny99 report:https://t.co/CT3EelFKQv ...

Partnerships & Programs - GSR 与 Chainlink 合作推出稳定币赋能计划，旨在推动下一代机构级稳定币的发展 [1] - 该计划为稳定币发行方提供 Chainlink 的预言机平台，包括数据、互操作性、隐私和合规标准 [2] - GSR 提供资本市场专业知识、流动性供应和市场推广支持 [2] Stablecoin Development - Chainlink 和 GSR 共同赋能稳定币协议，以满足对可信、跨链、机构级、合规且具有实际效用的稳定币日益增长的需求 [2] Technology & Infrastructure - 该计划利用 Chainlink 的行业标准预言机平台 [2]

BNB Chain’s native token, BNB, held steady above $950 after dropping 0.6% in 24 hours. The token last traded at $952, showing resilience in the face of wider market volatility; the CoinDesk 20 (CD20) index fell 1.6% in the same period. After opening at $957.70, BNB dipped to a low of $891.84 before recovering. Buyers stepped in at the $940 support level, an area that had been tested repeatedly during recent price swings according to CoinDesk Research's technical analysis data model. The recovery suggests ...

The crypto market is weary after relentless waves of sell pressure on Tuesday. Several assets have now settled as they begin to establish levels of support, although if the U.S. dollar continues to show strength it could signal a period of prolonged downside. Bitcoin (BTC) rose about 1% since midnight UTC after two days of declines that saw it drop to the lowest price since June at one point. Ether (ETH), which slid as much as than 20% over the 48 hours — the steepest drop in three months — added 2%. Whi ...

Core Insights - Cathie Wood's Ark Invest has increased its stake in Bullish Holdings, acquiring over $12 million worth of shares across three ETFs while reducing positions in Palantir Technologies and Roku Inc. [1][2] Company Overview - Bullish Holdings (NYSE: BLSH) operates a hybrid crypto trading platform for institutions and is backed by PayPal co-founder Peter Thiel [2][4] - The company went public in August 2025, raising approximately $1.1 billion and initially trading at around $37 per share, later peaking at $90 [4] Financial Performance - As of November 3, 2025, Bullish's market capitalization stands at $7.35 billion, with shares trading between $47.88 and $118.00 during its first year [3][4] - Bullish will report its third-quarter earnings on November 19, 2025 [4] Ark Invest Holdings - Bullish ranks 38th among Ark Invest's total holdings, with an estimated position of $131.3 million, representing 0.84% of Ark's overall portfolio [5] - Ark Invest's crypto-related positions include significant investments in Coinbase ($680.2 million), Robinhood ($592.9 million), and other crypto-related assets [6][7]

Market Overview - The crypto market experienced a significant sell-off, with Bitcoin (BTC) nearing its lowest level since June and Ether (ETH) trading at $3,480, the lowest since August, resulting in approximately $1.4 billion in liquidations across derivatives exchanges [1][2] Dollar Strength Impact - The sell-off was partly driven by the strength of the US dollar, with the DXY index reaching 100 for the first time since July, up from 96.2 in September, as analysts predict a slowdown in the Federal Reserve's rate-cutting cycle, leading to bearish trends in risk assets like Bitcoin [2] Derivatives Positioning - Volmex's Bitcoin Volatility Index (BVIV) is rising, indicating expected price turbulence, while BTC's spot price has shown a negative correlation with volatility over the past year, suggesting potential price weakness despite rising volatility [3] - Open interest (OI) in ZEC remains high at around 1.59 million ZEC, but funding rates have turned bearish, indicating some traders are shorting futures against long spot positions [3] - On the CME, BTC and ETH futures are showing diverging trends, with ether futures seeing record high OI, while BTC options indicate a bias for puts across all time frames, reflecting ongoing downside concerns [3] Altcoin Market Performance - The altcoin market faced significant declines, with several tokens dropping over 15%, leading to a $1.37 billion wave of liquidations, particularly affecting HyperLiquid rival aster (ASTER), which fell 18% [3] - Notable tokens like XRP are returning to critical support levels, while Solana (SOL) and BNB (BNB) have reached new lows [3] - Privacy coins such as Monero (XMR) and Zcash (ZEC) have outperformed the broader market, with DCR up 146% and DASH up 65%, indicating a potential rotation of traders away from weaker assets [4]

Core Insights - Wintermute founder Evgeny Gaevoy has denied rumors of a lawsuit against Binance regarding losses from the October crypto crash, stating that "literally nothing changed" since previous clarifications [1] - The speculation arose after significant losses during the October 10-11 flash crash, which liquidated $19 billion in positions and erased $600 billion from the crypto market cap [2] - Former Binance CEO Changpeng Zhao supported Gaevoy's denial, urging followers to disregard any misleading information [3] Market Impact - The October crash was triggered by President Donald Trump's announcement of 100% tariffs on Chinese imports, causing panic in global markets [3] - Bitcoin's price fell to $104,782, while Ethereum and major altcoins experienced losses between 15% and 20% [3] - Binance's trading infrastructure faced significant issues, including API failures and rejected orders during peak volatility [4] Financial Implications - Binance utilized $188 million from its insurance fund and issued $283 million in refunds for oracle-related depegs, excluding compensation for Auto-Deleveraging (ADL) losses [4] - Wintermute's portfolio saw a 12% decline, dropping from $637 million to $572 million, following the crash [5] Market Structure Analysis - The October event highlighted structural vulnerabilities in crypto derivatives markets, where notional liquidation figures significantly overstate actual capital losses [7]