Numerai raises $30m to build ‘the last hedge fund’

Numerai's NMR token surged over 40% following the announcement of a new funding round led by prominent university endowments, resulting in a valuation of $500 million for the hedge fund.

WLFI price is forming a bullish Three Drives pattern at the $0.12 support zone, with rising volume signaling a potential reversal toward higher resistance levels.

Solana's price has returned to the critical $131 support zone, a level that previously triggered a significant rally. This shift in momentum suggests a potential for a short-term recovery in the cryptocurrency market.

XRP price is currently testing the $2 support zone as a pennant-style fractal begins to form, indicating a potential bullish setup if buyers continue to defend this high-time-frame support level.

Bitcoin's recent decline below $90,000 has raised concerns among analysts regarding the narrative of increasing institutional demand. This drop has reversed significant gains made over the past year, with the cryptocurrency losing hundreds of billions in market value. Analysts are now questioning the sustainability of Bitcoin's price amid cooling demand for exchange-traded funds (ETFs).

Ethereum's price has rebounded after reaching $2,880, a level identified by technical analysts as significant for potential upside. This rebound follows a period of price inefficiencies, suggesting that the digital asset may be poised for further gains as market conditions stabilize.

Zcash price has surged over 1,500% this year as interest in privacy-focused cryptocurrencies has grown among investors. The cryptocurrency is nearing confirmation of an inverse head and shoulders pattern, which could lead to a significant breakout in the coming trading sessions.

Bitcoin's price is attempting to recover above the $95,000 mark after recently dropping to a local low of approximately $89,000. This decline has led to a significant increase in implied volatility, with Bitcoin trading around $92,858 at the time of reporting.