[JAN3 CEO Samson Mow says Bitcoin’s quantum threat is not a major concern]

JAN3 CEO Samson Mow said in a recent interview that Bitcoin has been under attack for about 17 years since its inception, but has consistently proven its long-term resilience through upgrades, so he is not overly concerned about the threat posed by quantum computing.

Mow added that the issue now feels more realistic, noting that an Ethereum researcher, Vitalik Buterin, recently said the Elliptic Curve Digital Signature Algorithm could be broken by quantum computers.
https://coinness.com/en/news/1172670

[Trump says Iran fabricating attacks, mines to drive up oil prices]

U.S. President Donald Trump said on social media on Oct. 22 that Iran is making an all-out effort to push up oil prices ahead of the U.S. midterm elections and is fabricating incidents including fake attacks and mine-laying.

Trump added that oil transported through the Strait of Hormuz is currently greater than it was before the conflict broke out and stressed that people around the world and the American public need to understand how evil the Iranian regime is. He also criticized the Democratic Party as indifferent to the issue and added that Iran must never possess nuclear weapons and will not be allowed to do so.
https://coinness.com/en/news/1172671

[Arbitrum, Robinhood Crypto launch mentorship program with $100K prize pool]

Arbitrum said it has partnered with Robinhood Crypto to run a mentorship program for teams building in blockchain ecosystems including Arbitrum One and Robinhood Chain.

Selected teams will have opportunities to connect with investors and ecosystem partners, and will pitch their projects at a Demo Day attended by more than 50 investors, competing for a total prize pool of $100,000.
https://coinness.com/en/news/1172672

[Grayscale CEO says Q3 was its best this year, sees more crypto market opportunity]

Peter Mintzberg, CEO of crypto asset manager Grayscale, said on X that opportunities in the digital asset market are expanding. He added that net inflows into Grayscale’s crypto funds rose by about $1.2 billion in the third quarter from the previous quarter, marking the firm’s best quarterly performance this year. As of Sept. 30, Grayscale’s U.S.-listed crypto ETPs tied to Hyperliquid (HYPE), Sui (SUI) and Chainlink (LINK) ranked first by assets under management among comparable products in the U.S.
https://coinness.com/en/news/1172673

[Coinbase to halt FORTH trading on Nov. 23]

Coinbase announced it will halt FORTH trading at 2:00 p.m. UTC on Nov. 23.
https://coinness.com/en/news/1172674

[CryptoQuant says BTC unfazed as major U.S. miners shift toward AI]

Bitcoin has seen no meaningful damage even as large U.S.-listed mining companies shift toward the AI industry, with private and non-U.S. miners quickly filling the gap, according to on-chain analytics firm CryptoQuant.

CryptoQuant said five U.S.-listed mining companies signed more than $50 billion in AI leasing contracts, reducing the computing power allocated to Bitcoin mining by about 47%. Even so, Bitcoin’s hashrate has still risen to 105 EH/s since August and has held at a level 8.8% below its peak, CryptoQuant said.
https://coinness.com/en/news/1172675

[a16z says Frontier rebrand broadens scope, will keep investing in crypto]

Andreessen Horowitz, or a16z, said through an official channel that rebranding its flagship crypto-focused fund from a16z Crypto to a16z Frontier is meant to expand its investment scope, not reduce existing crypto investments.

The firm said a16z Frontier will continue investing in cryptocurrency and related sectors, while also continuing its efforts to help establish reasonable crypto regulations. It said the broader mandate will extend to frontier startups developing new technologies and creating new markets, with a particular focus on AI-driven technological shifts, new products and services, autonomous devices, and AI agent-based networks. CoinNess previously reported that a16z had dropped the term "crypto" from the name of its flagship blockchain fund.
https://coinness.com/en/news/1172676

[2,463 BTC transferred from Coinbase to an unknown wallet]

Whale Alert reported that 2,463 BTC has been transferred from Coinbase to an unknown wallet. The transaction is valued at about $201 million.
https://coinness.com/en/news/1172677

[Ethereum may face deeper losses if it falls below $2,360]

Ethereum has pulled back to around $2,400 as its recent rebound lost momentum, raising the possibility of further declines if key support levels fail, CryptoPotato reported.

On the daily chart, Ethereum rebounded to the $2,480-$2,520 range but failed to sustain the advance, according to the report. As bearish candles emerged, the price returned to the $2,360-$2,440 demand zone and slipped below the lower boundary of an ascending channel, suggesting buyers are defending nearby support but have yet to regain control of the market.

CryptoPotato said the main bearish scenario would unfold if Ethereum closes below $2,360 on a daily basis and then falls toward the recent low near $2,320. If that area also breaks, the correction could deepen further toward $2,200-$2,270.

Still, the outlet added the current demand zone has not decisively collapsed. If the price reclaims $2,440 and the lower boundary of the ascending channel, the near-term bearish outlook could weaken. A break above the $2,480-$2,520 range would then be needed to end the pattern of lower highs and lower lows and extend the broader rebound.
https://coinness.com/en/news/1172678

[BTC falls below $81,000]

According to CoinNess market monitoring, BTC has fallen below $81,000. BTC is trading at $80,952.63 on the Binance USDT market.
https://coinness.com/en/news/1172679

[$100 million worth of futures liquidated in the past hour]

Major exchanges have seen $100 million worth of futures liquidated in the past hour. In the past 24 hours, $455 million worth of futures have been liquidated.
https://coinness.com/en/news/1172680

[Pump.fun launches EVM limit order feature]

Pump.fun, a Solana-based memecoin issuance and trading platform, announced via its official X account on Oct. 23 that it has launched an EVM limit order feature. The platform introduced the feature for Solana-based asset trading in September and had said at the time that it planned to add support for additional networks.
https://coinness.com/en/news/1172681

[Solana Mobile says dApps listed on Solana dApp Store top 1,500]

Solana Mobile, a developer of Solana-based mobile devices and app ecosystems, said on its official X account that the number of decentralized applications listed on the Solana dApp Store has officially surpassed 1,500. Solana Mobile added that the milestone marks major progress for its ecosystem, while saying there is still much more to build.
https://coinness.com/en/news/1172682

[BTC profitability metric nears 2022 low as new whales show just 6.3% gains]

A long-term indicator tracking Bitcoin holders’ profitability is approaching its lowest level since November 2022, according to crypto analyst Amr Taha.

CryptoPotato explained there is a key difference from November 2022: Bitcoin was trading at around $16,000 then, versus roughly $81,000 now. The outlet said large-scale investors that have recently made sizable purchases have an average cost basis of $77,120, meaning that if BTC is currently at $82,000, their returns are only about 6.3%. By contrast, the average realized price based on Binance deposit addresses is about $64,200, leaving a wider gap with the current price. That suggests recently entered whale investors may be more vulnerable to price declines and less able to hold through drawdowns than existing holders.
https://coinness.com/en/news/1172683

[Underdog plans direct crypto and stablecoin deposits]

Prediction market operator Underdog announced a partnership with ZeroHash and plans to introduce cryptocurrency and stablecoin deposit functionality on its platform, Cointelegraph reported. The feature is scheduled to roll out in the second half of this year, allowing eligible users to deposit crypto directly into their accounts through the Underdog app. The list of supported cryptocurrencies and stablecoins has not yet been disclosed.
https://coinness.com/en/news/1172684

[Securitize CEO says public companies have no reason to reject tokenization]

Securitize CEO Carlos Domingo said in a recent interview that no listed company would reject tokenization if it is presented as a way to broaden access for more investors.

Domingo said tokenization offers benefits including greater stock liquidity, improved future fundraising conditions, 24-hour trading and stronger direct communication with shareholders. When working with listed companies, Domingo added, the practical benefit of expanding investor access should be emphasized rather than the term tokenization itself.
https://coinness.com/en/news/1172685

[JPMorgan Asset Management launches tokenized money market fund on Solana]

JPMorgan Asset Management has begun operating its tokenized money market fund on the Solana network, according to Solana. The two products, MONY and JLTXX, are being offered to eligible U.S. investors through Morgan Money, with subscriptions, redemptions and token balance management handled on a single platform.
https://coinness.com/en/news/1172686

[Ki Young Ju says rising BTC hashrate signals strength]

Bitcoin’s hashrate is rising again as mining companies ramp up operations to maximum capacity, a sign of Bitcoin strength, CryptoQuant CEO Ki Young Ju said.
https://coinness.com/en/news/1172687

[JPMorgan says regulators are softening Clarity Act setback, but uncertainty remains]

JPMorgan said U.S. regulators are partly offsetting the negative impact of the Clarity Act’s defeat, but more durable long-term regulation is still needed, The Block reported.

According to a report by a research team led by JPMorgan analyst Nikolaos Panigirtzoglou, regulator-led measures could, in the short term, encourage institutional investor participation in the crypto ecosystem. Over the longer term, however, the team said only legislation can provide a more robust foundation. Without related legislation, political and legal risks still remain, it added, noting the market currently has to rely on regulatory measures that could be reversed within two years if a Democratic candidate wins the White House.
https://coinness.com/en/news/1172688

[US stocks close mixed]

The three major U.S. stock indices closed mixed today.
- S&P 500: -1.21%
- Nasdaq: -2.60%
- Dow Jones: +0.02%
https://coinness.com/en/news/1172689

[LG CNS, Chainlink form strategic partnership on digital asset infrastructure]

Blockchain oracle project Chainlink (LINK) said it has formed a strategic partnership with LG CNS, the technology arm of LG Group.

Through the partnership, the companies plan to combine Chainlink’s cross-chain, data and orchestration infrastructure with LG CNS’s digital asset platform solutions, jointly develop digital asset solutions for South Korean institutions, and advance next-generation technology standards for South Korea’s digital asset economy. According to Chainlink, LG Group is one of South Korea’s largest business groups, with about 186 trillion won in assets across 63 affiliates, while LG CNS is the lead contractor for the Bank of Korea’s digital currency project, 'Project Hangang.'
https://coinness.com/en/news/1172690