ChainCatcher news, according to CoinDesk, Hashgraph plans to launch an institutionally private blockchain based on Hedera in Q3. The HashSphere built on Hedera technology aims to provide trading support for stablecoins and tokenized assets for heavily regulated institutions such as payment service providers and asset management companies.

ChainCatcher news, Linear Finance has released its latest development roadmap for 2025, which includes:Q1: Enhance Perp DEX FeaturesLaunch alliance program: Reward new traders through onboarding.Multi-chain deposits: Frictionless asset transfers for seamless trading.Targeted marketing push: Expand influence through targeted marketing campaigns.Q2: Establish AI FoundationsAI smart currency tracker (pilot build): Start with historical data backtesting to track key wallet activities on BNB and Solana.Enhanced on-chain data pipeline: Upgrade real-time feeds to improve AI-driven insights.Social media and influencer tracker: Monitor key accounts (e.g., changes in Elon Musk's profile) to flag emerging meme trends in real-time.AI model validation and testing: Backtesting, performance benchmarking, and risk assessment.Q3: Advanced Analytics and Dashboard IntegrationLiquidity and risk dashboard: Identify potential risks using detailed on-chain risk trackers.Meme market prediction consulting: AI-driven analysis assigns probability scores for meme token uptrends/downtrends.AI anomaly detection: Machine learning detects abnormal trading patterns before significant market fluctuations.Enhanced social sentiment integration: Smarter tracking of social signals with continuous improvements.Q4: Fully AI-Driven Trading AssistantPersonalized AI trading assistant: Customized trading suggestions, risk insights, and interactive interface.Copy trading module: Pilot program with built-in risk control and transparency.Automated buy/sell execution: AI-driven trade execution on BNB and Solana for a seamless transition from insights to action.Ecosystem and community enhancements: Leaderboards, social feeds, and engagement-driven features.

ChainCatcher message, UniSat announced on platform X that a significant protocol upgrade for BRC-20 will take place in 2025, introducing three modules: single-step transfer, exchange module, and programmable module.The single-step transfer will launch on the Fractal mainnet in the first quarter of 2025 and will be deployed to the Bitcoin mainnet in the second quarter of 2025.The roadmap for the exchange module will be released in the first quarter of 2025, with testing on the testnet in the second quarter of 2025, followed by a launch on the Bitcoin mainnet.The deployment of the programmable module will be tested on the testnet in the first quarter of 2025 and will go live on the Bitcoin mainnet in the third quarter of 2025.

ChainCatcher news reports that according to the 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), large institutions such as pension funds or hedge funds doubled their holdings in spot Bitcoin ETFs in the fourth quarter of 2024.As of Q4 2024, institutional investors held $38.7 billion worth of spot Bitcoin ETFs. This figure is more than three times that of Q3, where the reported holdings were only $12.4 billion. Among them, the Wisconsin Investment Board increased its holdings in the BlackRock iShares Bitcoin Trust (IBIT) to just over 6 million shares. Billionaire hedge fund investor Paul Tudor also raised his stake in IBIT from 4,428,230 shares to 8,048,552 shares, nearly doubling his investment.Bloomberg senior ETF analyst Eric Balchunas stated that IBIT currently has 1,100 institutional holders reporting their holdings through 13F filings. In contrast, most newly launched ETFs typically have fewer than 10 institutional holders.

ChainCatcher news, AI infrastructure Sahara AI announced its roadmap for 2024-2025, which includes several key milestones:Q4 2024: Data service platform and testnet launched, allowing users to earn rewards through data collection and labeling. The first batch of users has begun participation, with the second phase expected to start in Q1 2025 and expand participation.Q1 2025: AI Marketplace goes live, providing development tools and data service extension features, supporting model development, training, and deployment, and introducing an early access program.Q2 2025: Launch of the Sahara Studio toolkit, covering model training, deployment, and workflow management, further optimizing the developer experience.Q3 2025: Sahara Chain mainnet release, providing a secure and transparent on-chain infrastructure for large-scale decentralized AI, while supporting the assetization and trading of data and models.Sahara AI stated that the early access program for users and developers at each stage is now open for applications.

ChainCatcher message, Bitfinex Alpha's latest report states that since the bear market low of $15,487 in November 2022, Bitcoin has surged over 573%, and its price has increased by 130% year-to-date. The current bull market reflects strong institutional demand, primarily driven by ETFs and spot accumulation.Historical data suggests that we are in the mid-cycle, with the market likely peaking around the third to fourth quarter of 2025, approximately 450 days after the halving in April 2024. Indicators such as MVRV, NUPL, and bull-bear market cycle indicators suggest that we are still in the bull market phase but far from reaching the peak. The Pi cycle top and the 4-year moving average model predict a potential cycle top between $145,000 and $189,000.From a historical perspective, diminishing returns are moderating the explosive growth of BTC that we observed in previous cycles.

ChainCatcher news, CoinShares' latest research report shows that the average cash mining cost for publicly listed Bitcoin mining companies rose to $55,950 in the third quarter, an increase of 13% from $49,500 in the second quarter. When accounting for non-cash costs such as depreciation and equity incentives, the average mining cost will reach $106,000.The report points out that the rise in mining costs is mainly influenced by three factors: the AI boom has diverted expansion funds for mining companies; some mining companies are focusing on a holding strategy (HODL) rather than expanding their operations; and the increase in electricity costs during the summer in Texas has affected mining production. In terms of specific company performance, Marathon has become the mining company with the lowest cash costs, mainly benefiting from increased Bitcoin production and tax incentives; TeraWulf ranked third due to a significant 92% decrease in debt expenditures and a 20% reduction in costs; Riot, despite improvements in operational efficiency, has dropped to seventh place.

ChainCatcher news, CoinShares' latest research report shows that the average cash mining cost of publicly listed mining companies for Bitcoin in the third quarter rose to $55,950, an increase of 13% from $49,500 in the second quarter. When accounting for non-cash costs such as depreciation and stock-based compensation, the average mining cost will reach $106,000.The report points out that the rise in mining costs is mainly influenced by three factors: the AI boom has diverted expansion funds from mining companies; some mining companies are focusing on a holding strategy (HODL) rather than expanding their operations; and the summer electricity costs in Texas have impacted mining production.In terms of specific mining company performance, Marathon has become the mining company with the lowest cash costs, mainly benefiting from increased Bitcoin production and tax incentives; TeraWulf saw a significant decrease in debt expenses by 92%, reducing costs by 20%, ranking third; Riot, despite improving operational efficiency, has dropped to seventh place.Looking ahead to 2025, the report predicts that AI business may bring new opportunities for mining companies like TeraWulf and Cipher; machine costs may increase with the rise in Bitcoin prices; and some mining companies may face financial pressure, suggesting a focus on risks.

ChainCatcher message, the Ethereum Foundation released the update report for the funding projects in the third quarter of 2024. The report shows that the total funding amount for the third quarter reached $12.8488 million, covering various fields including community education, consensus layer, cryptography and zero-knowledge proofs, developer experience and tools, execution layer, Layer 2, and more. Among them, community education projects accounted for the largest share, including the EEA Industry Day conference held in Bangkok, Thailand, the ETH Pura Vida conference and hackathon held in San Jose, Costa Rica, and other events.In the technical field, the foundation continues to support the development of consensus layer clients such as Lighthouse, Nimbus, and Grandine, as well as the upgrade and maintenance of development tools like Web3.js and OpenZeppelin account abstraction contracts. Additionally, the report also indicates that the foundation provided funding for several research projects related to zero-knowledge proofs.

ChainCatcher news, according to Jinshi reports, NVIDIA (NVDA.O) announced its third-quarter financial report for fiscal year 2025, with revenue reaching $35.1 billion, a year-on-year increase of 94%, exceeding market expectations of $33 billion; net profit was $19.31 billion, far exceeding the expected $16.93 billion. In addition, third-quarter gaming business revenue was $3.3 billion, and data center business revenue was $30.8 billion, a year-on-year increase of 112%.NVIDIA expects fourth-quarter revenue to be $37.5 billion, slightly above market expectations, but some investors' expectations were not met, leading to a drop of 5% in after-hours trading following the earnings report. CEO Jensen Huang stated that artificial intelligence is driving global computing demand growth, and the production of Blackwell systems is accelerating comprehensively, with fourth-quarter deliveries expected to exceed expectations. The company expects gross margin to reach over 70% in 2025. Nevertheless, some analysts believe there is uncertainty in its revenue outlook, especially in the case where Blackwell demand exceeds supply.

ChainCatcher news, Nasdaq-listed cryptocurrency mining company Argo has released its unaudited financial performance report for the third quarter ending September 30, 2024. The revenue for the three months and nine months ending September 30, 2024, was $7.5 million and $36.7 million, respectively, compared to $10.4 million and $34.4 million in the same period last year.In addition, Argo's Bitcoin mining output for the third quarter was 123 BTC, with an average daily mining output of 1.3 BTC.

ChainCatcher news, Canaan Inc. (NASDAQ: CAN) today released its unaudited financial performance report for the period ending September 30, 2024.The report shows that total revenue for the quarter was $73.61 million, an increase of 120.9% year-over-year; total sales hash rate was approximately 7.3 million Thash/s, an increase of 93.8% year-over-year; mining revenue was $8.96 million, with 147 bitcoins mined, averaging $61,034 per bitcoin; operating loss was $56.84 million, narrowing by 49.6% year-over-year.As of September 30, 2024, the company held a total of 1,231.3 bitcoins, with a fair value of cryptocurrency assets and cryptocurrency receivables totaling $79.02 million.

ChainCatcher news, according to Jinshi reports, Nvidia will announce its third-quarter earnings after the U.S. stock market closes next Wednesday. Analysts expect that this artificial intelligence chip leader will see significant revenue growth. Investors will be looking for signs of sales for Nvidia's latest Blackwell processors, as well as demand for AI chips from large enterprises.In addition, many major retailers in the U.S. will release their quarterly reports next week, with Walmart set to announce its third-quarter earnings after the U.S. stock market closes on Tuesday, expecting same-store sales growth to exceed expectations and raising its full-year outlook. Next up is the large U.S. retailer Target, which is expected to report third-quarter revenue growth on Wednesday. The market is eager to learn about retailers' holiday shopping plans, consumer health, and spending trends following the U.S. presidential election.

ChainCatcher news, according to the official website of the U.S. Securities and Exchange Commission (SEC), Goldman Sachs has submitted a 13F filing disclosing its holdings as of September 30, including several spot Bitcoin ETF shares:$461 million in IBIT (12,769,510 shares, an increase of 83% from the last report in August);$95.5 million in FBTC (1,720,291 shares, an increase of 13% from the last report);$71.8 million in GBTC (1,423,069 shares, an increase of 116% from the last report);$59.7 million in BTCO (940,443 shares, unchanged from the last report);$22.5 million in BITB (650,961 shares, an increase of 156% from the last report).

ChainCatcher news, the virtual asset exchange Bithumb announced that its operating profit for the third quarter of 2024 was 7.4 billion won (5.26 million USD), turning around from an operating loss of 650 million won in the same period last year. Revenue was 68.9 billion won (49.01 million USD), an increase of 112.7% year-on-year. The net profit for the period was 3.1 billion won, reversing from a net loss of 10.6 billion won in the same period last year.A Bithumb representative stated: "With the overall increase in attention to virtual assets, investor sentiment has recovered, and the number of virtual asset trading users has also increased, leading to improved performance."

ChainCatcher news, according to Bloomberg, venture capital in the cryptocurrency sector saw a significant decline in the third quarter before the election fervor of elected President Trump revived industry sentiment. PitchBook data shows that in the three months ending September 30, cryptocurrency startups attracted $1.7 billion in investment, a decrease of 31.3% from the previous quarter. The number of deals completed fell by 25.3% to 392.PitchBook senior analyst Robert Le wrote in the report, "We believe this adjustment is a natural and necessary component of a healthy cryptocurrency market." Le attributed the decline in cryptocurrency venture capital deals to macroeconomic factors, including increased market volatility and concerns about a recession in the U.S. Similar to the previous quarter, new infrastructure projects like blockchain continued to attract venture capitalists in the third quarter. Le stated that he expects further consolidation among cryptocurrency exchanges, custodians, and infrastructure companies in the future.

ChainCatcher message, Messari released the BNB Chain Q3 report, which pointed out that the Gas-Free Carnival of BNB Chain has reduced the trading fees for stablecoins, and its TVL incentive program has entered the 4th phase, aiming to attract top projects to join the BNB chain. Other key data includes:· DeFi TVL increased by 2% to $4.85 billion· Daily NFT trading volume increased by 283%· BNB staking amount increased by 7% to 32.4 million BNB

ChainCatcher news, according to a report by Messari, institutional investment in Solana-based applications surged to $173 million in the third quarter of 2024, an increase of over 54% compared to the previous quarter. Despite a 37% decrease in funding rounds, this amount set a record for the highest investment in Solana since the second quarter of 2022.

ChainCatcher news, according to Decrypt, based on documents submitted to the U.S. Securities and Exchange Commission (SEC) by the social media site Reddit, Reddit sold off most of its cryptocurrency portfolio in the third quarter, liquidating Bitcoin and Ethereum "for financial reserves."When the social media company filed for its initial public offering (IPO) in February, it held a "negligible" amount of cryptocurrency on its balance sheet, using idle funds to purchase digital assets. On Tuesday, Reddit used the same wording to describe the proceeds from the recent sale. "We sold off most of our cryptocurrency portfolio, primarily consisting of Bitcoin and Ethereum," Reddit stated. "The net carrying value of the cryptocurrency we held and the proceeds from the sale are both insignificant."While the amount of cryptocurrency sold is unclear, the timing of the sale corresponds to the third quarter ending September 30. When asked about the dollar value of its cryptocurrency portfolio or the definition of "negligible" amounts, Reddit did not immediately respond to Decrypt's request for comment.