Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

AI hedge fund Numerai secures up to $500 million from JPMorgan, token jumps 33%
AI hedge fund Numerai secures up to $500 million from JPMorgan, token jumps 33%

Quick Take The self-proclaimed artificial intelligence hedge fund said it grew over the past three years from managing $60 million to $450 million, and now has secured up to $500 million from JPMorgan Asset Management. The hedge fund’s native crypto token Numeraire rose 33% as of Tuesday afternoon.

The Block·2025/08/25 16:00
Flash
  • 00:40
    Today’s Fear and Greed Index drops to 24, shifting from Fear to Extreme Fear.
    Jinse Finance reported that today's Fear and Greed Index dropped to 24 (compared to 28 yesterday), with the level shifting from Fear to Extreme Fear. Note: The Fear and Greed Index ranges from 0 to 100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Popularity (15%) + Market Surveys (15%) + Bitcoin's share in the overall market (10%) + Google Trend Analysis (10%).
  • 00:34
    Data: A certain whale deposited $3 million USDC into HyperLiquid and opened a HYPE long position.
    According to ChainCatcher, market sources report that a whale has deposited 3 million USDC into the decentralized trading platform HyperLiquid and opened a 10x leveraged long position on the HYPE token. The current value of this position has grown to 19 million USD and continues to expand.
  • 00:22
    CoinShares withdraws ETF applications for XRP, Solana, and Litecoin
    Jinse Finance reported that CoinShares, the largest digital asset management company in Europe, officially withdrew its applications for XRP, Solana Staking, and Litecoin ETF submitted to the U.S. Securities and Exchange Commission (SEC) on November 28. The company also announced that it will gradually close its Bitcoin futures leveraged ETF product (BTFX). This decision comes as CoinShares prepares to go public in the United States through a $1.2 billion SPAC merger with Nasdaq-listed Vine Hill Capital, a deal expected to be completed by the end of this year. After the merger, CoinShares will rank among the world’s top four crypto ETF asset management companies, alongside BlackRock, Fidelity, and Grayscale.
News