BTC $68,918.73 -6.48%
ETH $1,934.57 -5.74%
BNB $632.89 -6.57%
XRP $1.00 -4.19%
SOL $78.25 -5.92%
TRX $0.3113 -1.76%
DOGE $0.0634 -5.61%
ADA $0.1669 -3.43%
BCH $217.02 -5.63%
LINK $9.67 -4.24%
HYPE $70.73 -1.74%
AAVE $110.31 -6.98%
SUI $0.7734 -5.45%
XLM $0.1419 -3.07%
ZEC $926.69 -5.65%
AAPL $356.54 +0.12%
AMZN $267.89 +0.63%
GOOGL $299.92 +1.59%
MSFT $520.44 -0.24%
META $624.96 -0.70%
NVDA $163.75 +1.55%
TSLA $397.89 +2.63%
SNDK $923.48 -3.70%
INTC $60.58 -0.48%
SPCX $140.04 +0.15%
MU $790.77 -0.38%
AMD $572.66 +1.40%
BTC $68,918.73 -6.48%
ETH $1,934.57 -5.74%
BNB $632.89 -6.57%
XRP $1.00 -4.19%
SOL $78.25 -5.92%
TRX $0.3113 -1.76%
DOGE $0.0634 -5.61%
ADA $0.1669 -3.43%
BCH $217.02 -5.63%
LINK $9.67 -4.24%
HYPE $70.73 -1.74%
AAVE $110.31 -6.98%
SUI $0.7734 -5.45%
XLM $0.1419 -3.07%
ZEC $926.69 -5.65%
AAPL $356.54 +0.12%
AMZN $267.89 +0.63%
GOOGL $299.92 +1.59%
MSFT $520.44 -0.24%
META $624.96 -0.70%
NVDA $163.75 +1.55%
TSLA $397.89 +2.63%
SNDK $923.48 -3.70%
INTC $60.58 -0.48%
SPCX $140.04 +0.15%
MU $790.77 -0.38%
AMD $572.66 +1.40%

fun

All
Article
Flash

Renaissance Technologies, the hedge fund, accurately sold off 99.7% of its Nvidia shares before the Huang Renxun scandal broke out

The latest 13F filing for the third quarter of 2026 submitted by the quantitative hedge fund Renaissance Technologies, founded by mathematician Jim Simons, shows that the institution has significantly adjusted its U.S. stock holdings, nearly completely liquidating its positions in Nvidia, Meta, Apple, and Amazon, with Nvidia's holdings decreasing by 99.7% from a previous market value of approximately $1.42 billion. This reduction occurred weeks before the controversy involving Jensen Huang was exposed.From the perspective of the top ten holdings, Micron Technology ranks first with $1.62 billion, Advanced Micro Devices ranks second with $1.21 billion, followed by United Therapeutics at $908 million, Intel at $835 million, Google's parent company Alphabet at $828 million, and UnitedHealth at $817 million. Additionally, it has established a new position in SpaceX, with a holding value of approximately $621 million.In terms of specific adjustments, the institution has significantly increased its holdings in SanDisk, with the number of shares increasing by 5451%; Micron Technology and UnitedHealth saw their share counts increase by 619% and 507%, respectively, while AMD increased by 140%. Aside from Nvidia, the share counts for Meta, Apple, and Amazon were reduced by 99.9%, 99.8%, and 99.5%, respectively, and it reduced its position in Palantir by 71%. The institution also completely exited its positions in Blackstone, the S&P 500 ETF, Mellanox Technologies, and Danaher, among others.

Zcash holders will vote to remove 50,000 ZEC from the community fund, valued at approximately 50 million USD

Zcash holders and community representatives will vote from November 16 to 30 on a proposal to remove 50,000 ZEC from the community grant fund (ZCG). This proposal was co-drafted by Zcash co-founders Sean Bowe, Zooko Wilcox, and Jason McGee, and was merged into the specification repository on Wednesday. According to the October treasury snapshot referenced in the proposal, ZCG holds 91,453 ZEC, and the amount proposed for removal accounts for approximately 55% of its holdings.If the proposal passes and is activated in the network upgrade, ZCG must remove the 50,000 ZEC from circulation within 30 days, and its corresponding value will be included in the Network Sustainability Mechanism, gradually returned through future block rewards. Additionally, the proposal plans to stop allocating 8% of newly issued ZEC to ZCG, transferring this portion of funds into a new Future Dev and Legal Defense Fund, which will continue to accumulate until the next Zcash halving. Funds in this new fund will temporarily be unavailable for expenditure until separate withdrawal rules are approved.ZCG can still use the remaining treasury funds to continue issuing development grants, and the independent 12% holder-controlled fund will not be affected. The proposal states that based on the October treasury snapshot, a ZEC price of $1,300, and expenditure estimates for the first half of 2026, the current funds of ZCG can cover approximately 13 years of expenditures; after the removal of 50,000 ZEC, the remaining funds are expected to cover about 6 years. Previously, ZCG proposed to redirect approximately 98,000 ZEC from existing assets and future income to miner rewards, but abandoned this plan on November 3 after facing community criticism. This new proposal still requires community support and must be implemented through a network upgrade. The activation block height has not yet been determined, nor has a reference implementation been provided.

Binance Research: The cryptocurrency market lacks an actively managed discovery layer, with neutral strategies siphoning off over 90% of the funds

Binance Research's latest report indicates that while institutional funds have significantly entered the cryptocurrency market, they are primarily flowing into passive Beta products (such as ETFs), and the actively managed sector has not kept pace.The core reason is not a lack of talent or returns, but rather the absence of a middle layer that connects funds with managers for discovery and verification. Currently, the funding sources for active cryptocurrency strategies still heavily rely on personal networks and conferences, lacking a standardized performance verification and benchmarking system.Research shows that 80% of asset allocators prioritize asset safety over historical returns, and verified trading platform data can significantly enhance due diligence. Managers believe that unverifiable performance and lengthy compliance reviews are the biggest obstacles to fundraising.Capital Connect data shows that directional strategies account for 44.3% of the total number of funds but hold only 6.7% of the capital; market-neutral, statistical arbitrage, and traditional multi-strategy funds make up less than half but attract 92.1% of the capital. The average single investment size from institutions in neutral strategies is about 11 times that of directional strategies.In October, BTC fell by 7.2%, with directional funds averaging a positive return of 1.9%, while neutral strategies recorded 1.0%. Binance Research concludes that institutional preferences and the introduction of traditional structures are driving the market towards maturity, but allocators remain highly selective. Only a comprehensive verification system and operational infrastructure can truly unlock the inflow of actively managed funds.
app_icon
ChainCatcher Building the Web3 world with innovations.