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JPMorgan stated that momentum indicators show Bitcoin futures are oversold, while gold and silver futures are overbought, reflecting significant positions by institutional and momentum traders in precious metals.The bank noted that since then, retail investors have shifted from Bitcoin to gold and silver, and pointed out that based on the increasing allocations from private investors and central banks, the long-term price expectation for gold is between $8,000 and $8,500 per ounce.

According to a report by The Block, JPMorgan analysts indicate that Bitcoin futures appear to be oversold, while gold and silver futures have entered the overbought territory, as investors are increasingly favoring precious metals over Bitcoin in both retail and institutional channels.Despite the short-term risks facing precious metals, analysts remain optimistic about gold's long-term prospects. They state that the allocation ratio of gold is continuously rising among both private investors and central banks. Analysts reiterate that if households continue to replace long-term bonds with gold as a hedge against stocks, the allocation ratio of private investors to gold could rise from the current slightly above 3% to about 4.6% in the coming years. In this scenario, analysts believe that the theoretical price range for gold could reach between $8,000 and $8,500 per ounce.

ChainCatcher news, according to the official announcement, Verb Technology Company, Inc. (NASDAQ: VERB, will be renamed Ton Strategy Company) today announced that the company's treasury assets have exceeded $780 million, including $713 million in Toncoin (TON) and $67 million in cash.Previously, Verb Technology completed a $558 million private placement on August 8, with over 110 institutional and crypto-native investors participating. The company used most of the funds raised from the private placement to purchase TON as its primary treasury reserve asset. The goal is to accumulate over 5% of the circulating supply of TON.

ChainCatcher news, according to @ai_9684xtpa's monitoring, Russell Verbeeten (@rverbee) associated wallet deposited 444.653 ETH to Kraken 3 hours ago, approximately 2.05 million USD.Russell Verbeeten was a ConsenSys ambassador and an early participant in the Ethereum ecosystem, marking the first ETH operation from this address in 11 months.

ChainCatcher news, according to The Block, cryptocurrency investment startup Parataxis Holdings announced on Wednesday that it is merging with special purpose acquisition company SilverBox Corp IV, planning to raise $640 million for a Bitcoin treasury company that will be listed on the New York Stock Exchange. After the merger is completed, the new company plans to list on the New York Stock Exchange under the ticker symbol PRTX.The statement said: "This business combination will provide Parataxis Holdings with up to approximately $240 million in funding, depending on the redemption of SBXD (SilverBox Corp IV SPAC) shareholders. This includes $31 million in equity funding that will be immediately used to purchase Bitcoin."Parataxis also stated that it has "signed a share purchase agreement" allowing it to "issue and sell up to $400 million in equity," adding that these initiatives could collectively "provide up to $640 million in total proceeds to execute and accelerate the Bitcoin treasury strategy."

ChainCatcher news, according to GlobeNewswire, Verb Technology (NASDAQ: VERB) today announced the completion of a $558 million private placement financing round, planning to transform into the first publicly listed TON reserve strategic company. The company will be renamed TON Strategy Co. and will use TON as its primary reserve asset.The private placement issued approximately 58.7 million shares of common stock at a price of $9.51 per share. The transaction received support from over 110 institutional and cryptocurrency sector investors, with major investors including Kingsway Capital, Vy Capital, and others.

ChainCatcher news, Federal Reserve Chairman Powell will head to Capitol Hill this week, where he will face increasing pressure for interest rate cuts from both inside and outside the Federal Reserve. This hearing may rewrite the Fed's tradition of "staying away from politics" for nearly a decade.On Tuesday at 22:00, Powell will submit the semiannual monetary policy report to the House Financial Services Committee, and on Wednesday he will move to the Senate Banking Committee. Although such congressional inquiries typically focus on the economic situation and policy direction, the context this time is markedly different: not only is Trump and his administration continuously applying pressure, but there are also key fractures within the Federal Reserve. Fed governors Bowman and Waller have recently expressed support for a rate cut as early as July; both were appointed during Trump's first term and are mentioned as potential candidates to succeed Powell next year. Powell may face a bipartisan onslaught during this hearing: Republicans following Trump's call for immediate monetary policy easing, while Democratic Senator Elizabeth Warren is also calling for a rate cut.

ChainCatcher news, according to CoinDesk, energy market expert Anas Haji stated that Iran's threat to close the Strait of Hormuz may primarily stem from domestic political considerations. Data shows that Brent crude oil prices fell back to $77 after reaching $77.79 per barrel, with an increase of only 1.4%. Analysts pointed out that 80% of the oil in the strait flows to Asian countries, and an actual blockade would primarily harm the interests of Iran's allies.As a result, Bitcoin rebounded from a low of $98,000 to above $101,000. Analysts at ING believe that market concerns about disruptions in shipping through the strait are easing.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, the block building service provider Beaverbuild deposited 5,500 ETH (worth 13.63 million USD) to Binance 1 hour ago.As the largest block builder on the Ethereum network, this address has cumulatively deposited 24,519 ETH (total value of 66.46 million USD) to exchanges since November 2023.

ChainCatcher news, according to Jin10 data reports, Hong Kong stock stablecoin concept stocks collectively adjusted, China Everbright Holdings (00165.HK) fell over 8%, ZhongAn Online (06060.HK) and LianLian Digital (02598.HK) both fell over 6%.

ChainCatcher news, Hong Kong stock China Everbright Limited (00165.HK) rose over 15%, in 2016 Everbright Holdings and IDG Capital jointly invested in Circle.

ChainCatcher news, according to analyst @ali_charts, Bitcoin may experience a brief pullback, with the RSI currently indicating an overbought condition.

ChainCatcher news, according to CoinDesk, FxPro's chief market analyst Alex Kuptsikevich stated, "Bitcoin's failure to stabilize above $100,000 may have suppressed overall market buying. Bitcoin's trading price is below $99,000, with minimal overnight fluctuations. Its inability to rise has negatively impacted altcoins.We believe that Bitcoin's stagnation is an important price correction that helps the market shake off short-term overbought conditions and rise more reliably. However, based on Fibonacci extension forecasts, the next wave of upward momentum may push the price toward around $120,000."

ChainCatcher news, according to Bloomberg, Bitcoin has set the longest streak of declines since Trump won the U.S. election. As of Monday, Bitcoin has fallen about 6% for three consecutive days.Since the election day on November 5, the total market capitalization of the cryptocurrency market has increased by $1 trillion, but the momentum has currently stalled. IG Australia analyst Tony Sycamore believes that this pullback is mainly to eliminate overbought conditions and not a trend reversal.Independent Reserve CEO Adrian Przelozny stated that the current bullish sentiment is expected to last until 2025. TD Cowen analyst Jaret Seiberg pointed out that Trump will gain control over the U.S. SEC after taking office, which will be beneficial for easing cryptocurrency regulations.

ChainCatcher message, the CEO of cryptocurrency investment firm FRNT Financial Inc., Stephane Ouellette, stated, "Since Trump's victory, Bitcoin has been overbought, so the stagnation in its rise is a normal phenomenon, meaning that last weekend's market movement can hardly be considered a correction; we are simply back to the mid-levels of last week."Data shows that since Trump's victory, a large amount of capital has flowed into U.S. spot ETFs directly investing in Bitcoin, with the assets of these products now reaching $107 billion.