Sigma Capital has announced its first fund, planning to raise $100 million to invest in startups, liquid tokens and fund-of-funds.The firm currently has around $40 million in pre-commitments, founder, CEO and managing partner Vineet Budki told The Block.
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Today, the overall cryptocurrency market showed slight fluctuations, with Bitcoin (BTC) stabilizing in the range of $90000 to $91000 and Ethereum (ETH) slightly recovering. However, the overall market capitalization fell by about 0.68%, affected by profit taking, $159 million liquidation, and macro uncertainty. The following are the main highlights of the news, and I have compiled key events from reliable sources: 1: BTC price is stable but facing resistance: BTC is currently around $90706, down 0.29% from 24 hours ago and down 28% from its October high of $126000. Bitwise analyst Andr é Dragosch stated that BTC may be priced in the most pessimistic scenario for global growth (similar to COVID and FTX crashes), but macroeconomic indicators have improved and there is strong upward potential in 2026, with a target of $92000-101000. Meanwhile, the net outflow of BTC ETF in November reached $3.5 billion, the largest of the year, but BlackRock still holds 777000 BTC. 2: ETH and Altcoins rebound: ETH is around $3009, up 0.77%, benefiting from net inflows from Spot ETF. XRP ETF inflow of $644 million, surpassing BTC ETF, with relatively stable prices; After the new launch of SOL ETF, there was also strong inflow, but the price action was weak. On the contrary, ADA and LTC are facing selling pressure and a significant decline. Market sentiment improves: Crypto Fear&Greek index rebounds from 'extreme fear', ETF records first week net inflow of $70 million since October, institutional funds return. However, Arthur Hayes warns that projects such as Monad may collapse by 99%, and VC driven risks are high. 3: Regulatory and Policy News China reiterates ban: The People's Bank of China reiterates cryptocurrency ban and warns of stablecoin risks, exacerbating market regulatory uncertainty. US and Global Dynamics: SEC Commissioner Hester Peirce calls self custody a "fundamental right" and promotes cryptocurrency self-regulation. 4: ETFs and Funds: The XRP Spot ETF holds 339 million XRP (worth $801.7 million), and the Grayscale XRP ETF has been newly launched. Banks and platforms: SoFi restarts encrypted trading, becoming the first FDIC insured US bank to directly offer BTC/ETH/SOL trading within the app. Overall, today's news is biased towards neutral and positive, with ETF inflows and institutional adoption boosting confidence, but regulatory pressure and clearing still need to be vigilant. It is recommended to pay attention to the Federal Reserve's policy shift in December, which may trigger a major rebound in BTC. Focus on pressure points: ETH3140 BTC94000 Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[KOL Claims SAHARA Price Plunge Due to Active Market Maker Liquidation] On November 30, KOL Crypto Fearless revealed that the abnormal price drop of SAHARA last night was caused by the recent liquidation of an active market maker. Insiders stated that the market maker had managed multiple projects, including MMT and SAHARA. Due to irregularities in market-making for a certain project, the trading platform identified the issue, investigated related addresses and account clusters, restricted their positions, and ultimately triggered a risk control-induced price crash.
[Galaxy: Seven Large Transactions Account for Nearly Half of Crypto Investment in Q3] Galaxy Digital's report shows that seven large transactions in the third quarter of this year raised over $2.26 billion, accounting for 48.7% of the total venture capital investment in cryptocurrency and blockchain companies. During this period, venture capital firms invested $4.65 billion in crypto startups and private companies through 415 transactions, a quarter-on-quarter increase of 290%, but still below the levels of 2021-2022. The growth was primarily driven by later-stage companies, with capital becoming more concentrated in mature companies. Galaxy Digital believes that the golden age of pre-seed crypto venture capital has come to an end.
The Swiss National Bank currently holds over 750000 shares of Bitcoin company MicroStrategy, indicating its investment size in the company. （The Bitcoin Historian）
In the past 12 hours, the main force sold large orders with a turnover of $45.4 million, far exceeding the $7.66 million for buying large orders, with a net outflow of $3.773 million. The main force has a strong willingness to short. The maximum single sale reached $16.51 million, directly suppressing the price increase. Combining the current 1-hour cycle K-line top pattern and KDJ dead cross signal, double verify the bearish pressure. Although the MACD bar chart shows an increase in upward momentum, trading volume continues to shrink, market activity decreases, and the rebound lacks support. In the short term, we need to be vigilant about the risk of further pullback. Open membership, track key trends in real-time, and accurately capture market turning points! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.