BMNR down 10.7% in 24 hours

Odaily reports that renowned investor Jason Calacanis stated on X that a market bottom may have already formed, but tech stock valuations could still fall a further 10%, at which point it would be his ideal buying opportunity. He also revealed that all of his currently available "idle funds" are being used to add to positions in Tesla (TSLA), SpaceX (SPCX), Uber (UBER), Amazon (AMZN), Shopify (SHOP), Microsoft (MSFT), Google (GOOG), Apple (AAPL), and other stocks.Jason also made a series of predictions about future market trends: Democrats will push for the United States to withdraw from Iran-related actions, and Trump will use this to declare the mission accomplished; inflation will then subside; Democrats will shift to supporting data centers and AI development in exchange for adjustments to tax cuts for the wealthy and regulation of frontier AI models; Trump will push through related political agreements and further consolidate his political legacy through the completion of the White House ballroom and pardons. He expects that as the above events unfold, the market will ultimately reach new all-time highs.

Odaily reports that according to Lookonchain monitoring, a whale resumed buying BTC after more than a year and accumulated 3,009 BTC today, worth $228 million.

Odaily reports that Binance co-founder He Yi posted that Binance's latest Proof of Reserves (PoR) zero-knowledge proof (ZKProof) is ready, and users can independently verify whether their account balances on Binance are backed by assets at a ratio of at least 1:1. He Yi also noted that there is a certain time lag between the completion of the Proof of Reserves and users' ability to conduct independent verification, depending on asset size, and that this process is not controlled by Binance.

Odaily reports that, according to Arkham monitoring, about one hour ago BlackRock deposited 1,883 BTC, worth approximately $143 million, into a Coinbase Prime hot wallet address through its bitcoin exchange-traded fund IBIT.

According to MSX.COM data, BMNR has fallen 10.7% over the past 24 hours and is currently trading at 19.09 USDT.

Odaily reports: According to Bloomberg, a diplomat familiar with the negotiations revealed that the United States and Iran are gradually approaching a potential breakthrough to end the war, with Tehran showing willingness to discuss nuclear program-related issues that it had previously been unwilling to address.The diplomat said Iran is examining a proposal put forward by key mediator Qatar concerning its nuclear activities. If Iran makes concessions on this issue, it could drive significant progress in the negotiations. The talks have been stalled since the temporary peace agreement reached by both sides in June collapsed. U.S. President Trump recently held phone calls with Qatari leaders to discuss efforts to ease regional tensions, signaling that Trump hopes to end the war—a war that has also been one of the key backdrops in this week's U.S. midterm elections where Democrats defeated Republicans.