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Iran's Revolutionary Guard Corps: Two Iranian missiles successfully breached the defense line of multiple "Patriot" missiles.
Iran's Revolutionary Guard stated that two Iranian missiles successfully breached the defense of multiple "Patriot" missiles. At least two Iranian ballistic missiles struck an air base in Jordan. Although the number of ballistic missiles Iran launched was relatively small, the success rate of its attacks has steadily increased over the past few days.
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Solana Mobile kicks off a new round of SKR token claim, offering a maximum of 3,000 SKR tokens.
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[PRESS RELEASE – San Francisco, CA, July 17th, 2026]
Crowdsourced Hedge Fund Completes Third Open-Market Purchase as Contributor Network and Assets Continue to Grow
Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced the completion of a third strategic purchase of Numeraire (NMR), acquiring an additional $1.2 million of the token from the open market. The purchase brings Numerai’s total NMR buybacks to $3.2 million within one year.
The buyback reflects Numerai’s continued investment in the staking system that aligns thousands of independent data scientists toward improving the firm’s Stake-Weighted Meta Model, the machine learning model that powers Numerai’s hedge fund. Contributors stake NMR on their models, earning additional NMR when their predictions perform well on future market data and losing it when they do not. The resulting Stake-Weighted Meta Model continues to outperform Numerai’s internal benchmark models, demonstrating the value of aligning incentives with predictive performance.
Since announcing its first strategic buyback in July 2025, Numerai’s network has expanded significantly. Active accounts have more than doubled over the past year, submissions continue to increase, and the platform has introduced new infrastructure including Numerai Skills, Numerai Model Context Protocol (MCP), and Atomic Blockchain Staking, enabling increasingly autonomous participation by AI systems.
The underlying hedge fund has also continued to grow. According to the company, Numerai now manages approximately $700 million in assets, up from approximately $560 million at the end of 2025.
Numeraire is a fixed-supply Ethereum token capped at 11 million NMR. Because tournament rewards and staking incentives are distributed from Numerai’s treasury, the company is replenishing its holdings through open-market purchases. Before this buyback, approximately 3.1 million NMR remained in Numerai’s treasury.
Unlike the previous two announcements, this buyback had already been completed before today’s announcement. As with prior purchases, the transaction was executed on the open market through Coinbase Institutional at or near the bid price over several weeks to minimize market impact.
Past performance is not indicative of future results. This content does not represent an offer to purchase or sell any security or the interests of any account managed by Numerai GP, LLC or its affiliates. Such an offer may only be made to persons who qualify to invest and in jurisdictions in which such an offer is legal.
About Numerai
Numerai is a San Francisco-based hedge fund and data science platform founded in 2015. Through a global competition and open API, thousands of data scientists submit stock market signals that are aggregated into a single Meta Model used to trade global equities. Numeraire (NMR) is used to stake and reward models that improve the fund. Numerai’s mission is to build the world’s last hedge fund through open, competitive machine intelligence.
In recent months, Compound Finance has become one of the most popular lending platforms in the entire cryptoeconomy. Can it become the most popular?
To be sure, it remains to be seen if Compound will one day unseat Dai builders Maker atop the DeFi ecosystem, even if temporarily. Still, the project’s builders have recently been taking steps to make the “money lego” platform better and its users’ happier. That’s certainly a start.
For example, one of the bigger threads in Compound’s march toward maturity hit the limelight this week as attention gathered around its fresh audit. Specifically, the smart contract specialists at the OpenZeppelin project just published an audit on some of the Compound platform’s most important smart contracts.
⚠️ Here we present a summary of the @compoundfinance audit, including:
– System overview
– Privileged Roles and Future Direction
– Interest-free loans
– Counterproductive incentives
– Full audit reporthttps://t.co/OsGE6w3gnT
— OpenZeppelin (@OpenZeppelin) August 28, 2019
The good news? OpenZeppelin didn’t find any code issues that it deemed to be “critical.” But the auditors did find a series of lesser serious issues that helped the Ethereum community understand the fledgling Compound platform better.
Among these issues, one problem highlighted was that there are currently admin keys that could be used to compromise some of Compound’s tech.
Custodial Compound contracts pose a risk of *unsecured debt*
> cTokens used as collateral remain in the borrower's wallet but are non-transferable
> Admin could allow transfer of collateral cTokens… essentially enabling Compound debt to be undercollateralized https://t.co/jHzlwZgvQe
— Eva Beylin (@evabeylin) August 27, 2019
In response, Compound co-founder Robert Leshner later noted that the platform intended to evolve toward total decentralization.
“Absolutely; the FAQ […] and whitepaper […] are both very transparent about how the admin privileges work, and our goal to decentralize away from having an admin at all,” Leshner said on August 27th.
Love ’em or hate ’em, Compound opening up their contracts for everyone to pick apart only works in their favor in the long run.
New Assets Being Voted In Like other cryptocurrency platforms, Compound only supports a select number of cryptocurrencies. But that number is about to get bigger.
That’s because Compound has opened up a voting period for its users to decide which digital assets they want to see on the platform next. The projects currently up for consideration include Maker, Tether, Decentraland, Huobi Token, Loom Network, Numeraire, OmiseGo, Paxos, and TrueUSD.
Voting has begun to select the next two Compound protocol assets!
????️ Make your selection: https://t.co/En6tOQffeo
???? Learn more: https://t.co/9uAeCVgcAD
⏱️ Voting is open for two weeks!
— Compound Labs (@compoundfinance) August 28, 2019
“Voting will last for 14 days, after which the 2 winning tokens will be added to the protocol following the creation of cToken integration contracts, successful security audits, and a determination of suitability,” the aforementioned Leshner said.
The Berlin Bump and Beyond Berlin Blockchain Week was earlier this month, and one of its events — ETHBerlin Zwei — saw no shortage of Hackathon projects built atop Compound. That gave the platform a tangible bump in usage.
According to tracker website DeFi Pulse, Compound has been steadily gaining on Maker’s DeFi dominance as of late. Of course, Maker still dominates more than 50 percent of the DeFi ecosystem, but Maker’s slice of the pie has been slowly declining as Compound has gained more attention.
2/ The total supply of DAI in the market has lowered around $14M in the last 90d thanks in part to CDPs moving to Compound and tools like @InstaDApp's Bridge. And so, the stability fee is starting to lower as a result. [TVL charts included for reference. Note difference in scale] pic.twitter.com/sckUjnPvL3
— DeFi Pulse (@defipulse) August 30, 2019
It’s not that one is more impressive than the other, rather that both are at the top of DeFi right now and Compound is notably gaining steam. With that said, Maker and Compound are far from enemies as the DeFi Pulse team has explained:
“For the time being, they appear to have a symbiotic relationship. Maker prints the DAI, Compound creates more demand for DAI in the market.”
Dharma Pivots to Compound On August 29th, Dharma — a top 10 DeFi project at present — announced that it was relaunching its cryptocurrency services upon having phased out its initial offering.
The twist? Dharma’s new services will rely on Compound’s liquidity pools. In moving away from crypto lending, the project’s first offering after the relaunch will be a savings product.
“Working with Compound allows Dharma to focus on the parts of the business which they do best, which in my view include design, product, and user experience, and instead outsource part of the stack,” Autonomous Partners founder and Dharma investor Arianna Simpson said on the news.
William M. Peaster
William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster
Some of the most popular companies in the cryptoeconomy have banded together to create an organization that will assess and rate top cryptocurrency projects on the likelihood of these projects being securities per U.S. federal securities laws.
That organization, the Crypto Rating Council (CRC), counts exchange operators like Bittrex, Coinbase, Kraken, and Poloniex-backers Circle among its first members, as well as the firms of Anchorage, DRW Cumberland, Genesis, and Grayscale Investments.
So why the need for such a body?
The so-called Howey Test, which is a test devised by the U.S. Supreme Court to determine if a given asset is a security, commonly leads to “judgment calls, inconsistent results, and … disagreement among legal experts,” the CRC said on the Frequently Asked Questions section of its new website.
Accordingly, the organization’s rating system — which runs from 1 to 5, with 5 indicating an asset bears the hallmarks of a security and 1 meaning the opposite — is being hailed by members as a “compliance tool” that will help bring consistency to their respective asset review processes.
Founded by prominent companies across the crypto industry, our mission is to lead crypto financial services firms committed to practical compliance with the U.S. securities laws. We are the Crypto Rating Council, and we launched today: https://t.co/FbdwfSZN9D
— Crypto Rating Council (@CRC_Crypto) September 30, 2019
“The CRC will publish a simple rating for most assets it reviews to indicate the results of its analysis as a reference for operators, developers, and the public,” the organization said.
With that said, the ratings are utterly non-binding and have been made without involvement from the U.S. Securities and Exchange Commission (SEC). So, while clarity is the professed goal, the only thing the CRC has ultimately made more clear is what its members think about the legal status of top cryptocurrencies in America.
“The score does not reflect a legal conclusion and is no indication of qualitative value of an asset or suitability for investment or any other purpose,” the CRC said of its ratings.
How the First Scores Look Don’t expect any surprises when it comes to bitcoin (BTC). The oldest cryptocurrency, which has long been held up by various stakeholders as a standard for decentralized projects, received a 1 rating from the CRC.
Other projects the body deemed to have “few or no characteristics consistent with treatment as a security” included DeFi’s darling Dai stablecoin, the popular Monero (XMR) privacy cryptocurrency, and Litecoin (LTC).
The 2 rating was given to the next rung of projects that the CRC deemed to seem mostly decentralized according to its framework. These projects included Ethereum (ETH), Zcash (ZEC), Numeraire (NMR), ChainLink (LINK), and the fledgling proof-of-stake project Algorand (ALGO).
Getting on up there according to the group were projects like Augur (3.75), EOS (3.75), Stellar (3.75), Tezos (3.75), and XRP (4). The highest inaugural scores were given to Polymath (4.5) and Maker (4.5).
Notably, the SEC announced just hours after these ratings were released that Block.one, the team behind the EOS launch, had settled charges and would pay a $24 million civil penalty for its year-long ICO being an unregistered security offering.
The Commission said the securities status only applied to the “IOU” ERC20 token that was issued during the sale rather than the current EOS cryptocurrency, which lives on EOS now rather than Ethereum.
Are Exchanges Listing Securities? One question that immediately started buzzing through the ecosystem on the heels of the announcement of the CRC was why would exchanges like Coinbase take chances on assets like XRP that appear to bear considerable resemblances to a security in the U.S.?
One possibility is that the group’s members consider “security status is binary,” according to Jake Chervinsky, the General Counsel of DeFi lending project Compound Finance. In other words, anything less than a 5 rating would be fair game accordingly.
My best guess: they'd say security status is binary and as a matter of law it doesn't make a difference how close a token comes to being a security if it's ultimately not one.
On that logic, though, query the value of publishing the five-point score in the first place.
— Jake Chervinsky (@jchervinsky) September 30, 2019
But even if the already rated cryptocurrencies later end up being cleared as “not securities” per the SEC, the CRC rating system can lead to future conflicts of interest, e.g. member exchanges being charitable in their ratings because they stand to gain from trade volume.
In my opinion, this rating system creates a massive conflict of interest. All of the companies that joined this consortium are massively incentivized to rate the vast majority of tokens as non-securities. Coinbase listed some very questionable tokens including XRP, Tezos, EOS
— Larry Cermak (@lawmaster) September 30, 2019
But there’s a silver lining here, according to Blockchain chief executive officer and president Marco Santori. In a Twitter thread on the CRC announcement, Santori said the effort was suspect in some ways but was also a positive attempt at self-regulation in an industry that needs more regulatory clarity in general.
8/ So why on earth would they publish this? Why on earth should we applaud their effort?
Well, actually we should.
As an industry, this stuff is basically the best we've got.
THAT'S RIGHT ITS A TWIST
wait hear me out.
— Marco Santori (@msantoriESQ) September 30, 2019
William M. Peaster
William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster
The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent to $6,424.35 on Coinbase crypto exchange.
While bitcoin did not behave like a safe-haven in times of extreme market stress, two underdog tokens emerged as winners. They not only surpassed the top cryptocurrency but outsmarted the global market, including stocks, currencies, and commodities, by returning a combined 450 percent gains to their investors.
Crypto Tokens Beat Coronavirus Fears Streamr, a data-sharing startup, saw the price of its blockchain’s native token DATA exploding by 211 percent in the first quarter. The DATA-to-dollar exchange rate opened the three-month period at approx $0.0137 but closed it at a high of $0.043. At its quarterly top, the pair was trading at $0.049.
DATA/USD rate surged by over 200 percent despite Coronavirus crisis | Source: TradingView.com, Binance DATA also performed exceptionally well against Bitcoin. Its rate against the benchmark cryptocurrency surged by circa 250 percent – from 191 sats to 680 sats – in the first quarter.
The same timeframe saw NMR delivering humongous gains in both the dollar- and bitcoin-enabled markets. The blockchain-based hedge fund crypto closed Q1 at $16.19, up 157 percent from its January 1’s opening rate. Against bitcoin, NMR surged by 196 percent, rising from 87,735 sats to 252,221 sats.
NMR/BTC beats market odds to deliver a spectacular 183 percent return in Q1 | Source: TradingView.com, Binance The gains, nevertheless, accompanied meager daily volumes, suggesting that only a limited number of traders supported the said bull runs. The market caps of both NMR and DATA were also less compared to bitcoin, standing at just $41 million and $31.7 million at their quarterly tops.
Market Fundamentals Despite its lackluster metrics, both NMR and DATA gained momentum owing to strong fundamentals. Data aggregator platform Messari wrote in one of its daily feeds that both the projects were in the middle of major product releases, stating that such events typically have a positive impact on the prices.
“Streamr,” the feed read, “is close to releasing the first stable version of its product, a decentralized marketplace for data streams. “Numerai, the project behind the asset Numeraire, launched its long-awaited marketplace for information, called Erasure Bay, on March 10.”
The Streamr Milestone 2 Trello board is now live. See the next steps for the #StreamrNetwork, tokenomics, Marketplace, and Core app. https://t.co/FBRHtcx4LL pic.twitter.com/4xjmViTzEx
— Streamr Network (@Streamr) March 25, 2020
The feed added that Numeraire is an illiquid token, noting its real 24 volume to be just around $200,000 at the time of publication.
“Therefore, modest market movements can have an outsized impact on price, at least compared to most large and mid-cap crypto assets,” it clarified.
Numeraire, a token linked to the artificial intelligence-powered hedge fund Numerai, has soared nearly 30% in the past 24 hours amid a staggering 2,900% spike in daily trading volume.
The Numeraire (NMR) price rose sharply as top cryptocurrencies wavered amid continued tariff uncertainty. As risk assets slipped on news that China had “violated” its trade agreement with the U.S., NMR, the native token of the AI hedge fund designed to democratize data science via blockchain, rallied to highs of $12.04 across major exchanges.
Upside momentum continued Numeraire’s recent uptick, with Friday’s performance marking its best in the past two weeks. Although its gains paled in comparison to the staggering 445% move for Pocket Network and the 150% upwing for Livepeer, NMR posted an astounding statistic of its own too.
NMR price currently hovers above the psychological $10 mark.
While price increased only by about 30%, the token’s daily volume skyrocketed by more than 2,900%. From lows of $5.46 million the day before—May 29, 2025—Numeraire buying pressure pushed the daily volume up to $156 million.
The spike in price and volume defied the broader market, with global crypto volume up by 7.5% to $142 billion and global market cap down 2.7% to $3.31 trillion. A look at the AI-related tokens sector showed that while sector volume rose an average 88% to over $7.4 billion, most of the top AI tokens were down between 4% and 13% in the past 24 hours.
Numeraire, whose AI approach includes integration of artificial intelligence and blockchain for data scientists, is seeing its utility token gain amid fresh interest in the project. NMR is used to incentivize data scientists with its utility in prediction and staking crucial.
Recently, Numerai revealed that the platform has recorded over $5.5 million in staking by data scientists.
Crowdsourced hedge fund announces strategic token buyback as Meta Model leads amid AUM growth. Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced plans to buy back $1 million of its token, Numeraire (NMR), from the open market.
The buyback reflects Numerai’s continued investment in its staking ecosystem, a mechanism that aligns thousands of global data scientists with the long-term performance of its hedge fund.
Over the past year, Numerai has more than doubled its AUM (assets under management), growing from approximately $173 million to over $441 million.
The fund now trades more than $1 billion per month across over 30 global markets, relying on machine learning models crowdsourced from a global network of data scientists who stake NMR on their predictions.
Each week, thousands of data scientists submit predictions to Numerai’s tournament and stake NMR on their models’ performance.
These stakes encourage aligned, high-quality contributions to the hedge fund, and it’s working.
Numerai’s stake-weighted Meta Model, an ensemble of user models weighted by their NMR staked, has consistently outperformed individual models, reinforcing Numerai’s incentive-aligned approach to collective intelligence.
Richard Craib, founder and CEO of Numerai, said,
“The success of our stake-weighted Meta Model speaks for itself – it’s outperformed every individual model over the past year.
“As our AUM grows and top institutional allocators join us, the role of NMR has never been more critical.”
But as Numerai’s ecosystem has matured, NMR has become scarce.
With a fixed supply capped at 11 million, and roughly three million NMR remaining in Numerai’s treasury, the company has limited capacity to continue distributing staking rewards at historical levels.
The company says the buyback will help underscore its long-term commitment to its participants and maintain economic stability.
The buyback will be executed gradually to ensure transparency.
Orders will be placed at or near prevailing bid prices, allowing the program to unfold gradually over time.
The full explanation behind the buyback can be found on Numerai’s newly launched blog.
About Numerai Founded in 2015, Numerai is a San Francisco-based hedge fund that crowdsources stock market predictions to solve the hardest problem in finance.
The fund is powered by thousands of data scientists globally who can stake NMR on their models and contribute to a crowdsourced Meta Model used in live trading.
Crowdsourced hedge fund announces strategic token buyback as Meta Model leads amid AUM growth. Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced plans to buy back $1 million of its token, Numeraire (NMR), from the open market.
The buyback reflects Numerai’s continued investment in its staking ecosystem, a mechanism that aligns thousands of global data scientists with the long-term performance of its hedge fund.
Over the past year, Numerai has more than doubled its AUM (assets under management), growing from approximately $173 million to over $441 million.
The fund now trades more than $1 billion per month across over 30 global markets, relying on machine learning models crowdsourced from a global network of data scientists who stake NMR on their predictions.
Each week, thousands of data scientists submit predictions to Numerai’s tournament and stake NMR on their models’ performance.
These stakes encourage aligned, high-quality contributions to the hedge fund, and it’s working.
Numerai’s stake-weighted Meta Model, an ensemble of user models weighted by their NMR staked, has consistently outperformed individual models, reinforcing Numerai’s incentive-aligned approach to collective intelligence.
Richard Craib, founder and CEO of Numerai, said,
“The success of our stake-weighted Meta Model speaks for itself – it’s outperformed every individual model over the past year.
“As our AUM grows and top institutional allocators join us, the role of NMR has never been more critical.”
But as Numerai’s ecosystem has matured, NMR has become scarce.
With a fixed supply capped at 11 million, and roughly three million NMR remaining in Numerai’s treasury, the company has limited capacity to continue distributing staking rewards at historical levels.
The company says the buyback will help underscore its long-term commitment to its participants and maintain economic stability.
The buyback will be executed gradually to ensure transparency.
Orders will be placed at or near prevailing bid prices, allowing the program to unfold gradually over time.
The full explanation behind the buyback can be found on Numerai’s newly launched blog.
About Numerai Founded in 2015, Numerai is a San Francisco-based hedge fund that crowdsources stock market predictions to solve the hardest problem in finance.
The fund is powered by thousands of data scientists globally who can stake NMR on their models and contribute to a crowdsourced Meta Model used in live trading.
[PRESS RELEASE – San Francisco, CA, July 17th, 2025]
Crowdsourced Hedge Fund Announces Strategic Token Buyback as Meta Model Leads Amid AUM Growth
Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced plans to buy back $1 million of its token, Numeraire (NMR), from the open market. The buyback reflects Numerai’s continued investment in its staking ecosystem, a mechanism that aligns thousands of global data scientists with the long-term performance of its hedge fund.
Over the past year, Numerai has more than doubled its assets under management (AUM), growing from approximately $173 million to over $441 million. The fund now trades more than $1 billion per month across over 30 global markets, relying on machine learning models crowdsourced from a global network of data scientists who stake NMR on their predictions.
Each week, thousands of data scientists submit predictions to Numerai’s tournament and stake NMR on their models’ performance. These stakes encourage aligned, high-quality contributions to the hedge fund, and it’s working. Numerai’s Stake-Weighted Meta Model, an ensemble of user models weighted by their NMR staked, has consistently outperformed individual models, reinforcing Numerai’s incentive-aligned approach to collective intelligence.
“The success of our Stake-Weighted Meta Model speaks for itself: it’s outperformed every individual model over the past year. As our AUM grows and top institutional allocators join us, the role of NMR has never been more critical,” said Richard Craib, Founder and CEO of Numerai.
But as Numerai’s ecosystem has matured, NMR has become scarce. With a fixed supply capped at 11 million, and roughly 3 million NMR remaining in Numerai’s treasury, the company has limited capacity to continue distributing staking rewards at historical levels. The company says the buyback will help underscore its long-term commitment to its participants and maintain economic stability.
The buyback will be executed gradually to ensure transparency. Orders will be placed at or near prevailing bid prices, allowing the program to unfold gradually over time. The full explanation behind the buyback can be found on Numerai’s newly launched blog.
About Numerai
Founded in 2015, Numerai is a San Francisco-based hedge fund that crowdsources stock market predictions to solve the hardest problem in finance. The fund is powered by thousands of data scientists globally who can stake NMR on their models and contribute to a crowdsourced Meta Model used in live trading.
Cronos (CRO), Numeraire (NMR), and Hyperliquid (HYPE) emerged as the top crypto gainers on Wednesday, rallying strongly on the back of bullish news and market momentum. Cronos price surges to a new yearly high following Trump Media's plans for a CRO treasury company. At the same time, Numeraire soared after securing a massive $500 million commitment from JPMorgan Asset Management. Meanwhile, Hyperliquid (HYPE) extended its upward run, breaking past its record high and entering price discovery mode.
Cronos price hits a yearly high as Trump Media announces plans to establish a CRO treasury companyTrump Media Group announced on Tuesday that it has agreed with Crypto.com to establish a CRO treasury company. The companies will jointly establish Trump Media Group CRO Strategy Inc., with an expected funding of $6.42 billion at launch. The initial investment will comprise $1 billion in CRO (approximately 6.3 billion CRO), $200 million in cash, $220 million in warrants, and an additional $5 billion line of credit from an affiliate of Yorkville.
This news announcement triggered a sharp rally in CRO's price, reaching a new yearly high of $0.21 that day.
CRO's daily chart, as shown below, highlights that the upward trend continues, trading higher by 3.57% at the time of writing on Wednesday, around $0.20.
If the upward momentum continues, CRO could extend the rally toward its December $0.23.
The Relative Strength Index (RSI) on the daily chart reads 76, above its overbought territory, pointing upward and indicating strong bullish momentum. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover on Tuesday, providing a buy signal and reinforcing the bullish thesis.
CRO/USDT daily chart
Numeraire jumps on $500 million JPMorgan backingBloomberg report on Tuesday highlighted that crowdsourced quantitative fund Numerai has secured a commitment of up to $500 million from JPMorgan Chase & Co.'s asset-management arm, to be deployed over the next year. The quantitative firm currently operates with approximately $450 million. This news triggered a sharp rally in the NMR token price, with gains of over 100% that day.
The daily chart below shows that the NMR price extends its gains by 10% at the time of writing on Wednesday, trading above $17.80.
If NMR continues its upward momentum, it could extend the rally toward its next weekly resistance at $22.29.
The RSI on the daily chart reads 82 above its overbought conditions, suggesting strong bullish momentum.
NMR/USDT daily chart
Hyperliquid hits a new all-time high Hyperliquid price found support around the ascending trendline (drawn by connecting multiple lows since early April) on Thursday and rose 13.88% over the next three days, closing above its 50-day Exponential Moving Average (EMA) at $42.44. However, on Monday, it faced a 6.6% correction, retesting the 50-day EMA and finding support, rallying by over 13% the next day. At the time of writing on Wednesday, it continues its rally, surpassing its previous record high at $49.88.
HYPE enters a price discovery mode, and if it continues its rally, it could extend gains to test its key psychological level at $60.
The RSI on the daily chart reads 61 above its neutral level of 50, indicating bullish momentum. The MACD also showed a bullish crossover on Tuesday, further supporting the bullish thesis.
HYPE/USDT daily chart
However, if HYPE faces a correction, it could extend the decline toward its 50-day EMA at $42.92.
In brief AI tokens climbed nearly 6% in 24 hours, lifting their market value to $29.4 billion. Numerai crowdsources trading signals, rewarding data scientists with NMR tokens. JPMorgan’s potential stake underscores a growing interest in AI-crypto funds. The token for Numerai, a crypto hedge fund that uses artificial intelligence, led a surge in AI-focused digital assets on Wednesday after JP Morgan Asset Management said it was committing $500 million to the project.
NMR was up more than 100% over the past 24 hours to trade near $23, according to crypto markets data provider CoinGecko.
The AI-token sector rose 5.8% in 24 hours, reaching a total market cap of $29.4 billion, according to CoinGecko. The rally came even after Nvidia, whose hardware underpins much of the artificial intelligence boom, reported weaker-than-expected second-quarter earnings.
Among the 24-hour gainers, Near Protocol (NEAR) climbed 1.5%, the token of the Artificial Superintelligence Alliance (FET) added 1.3%, and Internet Computer (ICP) rose 1%.
Founded in 2015, Numerai crowdsources market forecasts from data scientists, rewarding top models with its NMR token. It began with an encrypted online tournament where participants competed to predict stock prices.
In hedge fund terms, “capacity” means an investor has locked in the option to allocate a set amount of money to a fund, ensuring access even if the fund later limits new investments. It signals a reserved allocation, not an immediate transfer of funds. Numerai has attracted high-profile early backers over the years, including Paul Tudor Jones, Naval Ravikant, and Renaissance Technologies co-founder Howard Morgan.
The Numerai deal marks another pivot for JPMorgan, whose CEO Jamie Dimon has long been a vocal crypto skeptic. Dimon once called Bitcoin a “fraud” and likened digital assets to “decentralized Ponzi schemes.”
But Dimon has softened his stance. At a May investor day, Dimon said that while he still doesn’t support Bitcoin personally, JP Morgan would allow clients to buy it. In June, the bank said it was exploring crypto‑backed lending and offering loans backed by clients’ digital‑asset holdings.
JP Morgan Asset Management did not immediately respond to a request for comment by Decrypt.
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Key Takeaways J.P. Morgan’s $500 million commitment secured by Numerai has fueled the AI-powered hedge fund token’s recent rally, and sentiment behind the altcoin remains bullish.
Numeraire [NMR], the crypto hedge fund token, has rallied 138.4% since the 26th of August. These gains came after an announcement that J.P. Morgan secured a $500 million capacity in Numerai.
The allocation will be deployed over the next year, and the returns will be tied to the crowdsourced trading models built by data scientists worldwide.
The AI-driven hedge fund has expanded its assets under management to $450 million, with most of the growth occurring in the past three years.
The Numeraire all-time high at $93.15 was set in May 2021. The current market price of $18.79 was nearly 80% lower than this ATH.
The unique blend of crowdsourced prediction models, AI, and blockchain tech could make NMR an appealing prospect for investors.
Charting the way ahead for Numeraire Source: NMR/USDT on TradingView On the 1-day chart, NMR showed bullish promise. It has broken out of the consolidation phase it had been constrained within from March to late August.
The breakout past $10-$12 occurred on high trading volume, and $12 has been retested as a support level.
The OBV was slowly climbing higher in recent months, and the buying pressure over the past two weeks saw the volume indicator jump higher.
Together, the buying pressure was clear, and sustained demand will propel Numeraire higher.
Source: NMR/USDT on TradingView On the 4-hour chart, the MFI showed a threat of a bearish divergence. This has not yet occurred, but if it develops, it would mean NMR is overextended in the short-term.
A price move past $20 accompanied by a lower high on the MFI is something traders should watch out for on the 4-hour timeframe.
The $16 support zone should be a good place for a pullback to reverse, in case of a pullback. The $18.3 support might be defended over the coming days if NMR enters a short-term consolidation.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
Numeraire Future Trends, an Abu Dhabi–based technology company, announced the launch of its AI-based object identity technology aimed at addressing the ever-increasing worldwide issue of art forgery. By combining artificial intelligence with blockchain-anchored Digital Product Passports, the company is establishing a new standard for verifying authenticity for art, collectibles, heritage, and other high-value assets.
As AI advances the ability to generate images, fabricate documents, and replicate styles with unsettling precision, there’s one question that collectors, institutions, and investors are facing daily: how to prove what is real or not. Numeraire Future Trends addresses this issue by introducing an identity infrastructure that securely connects physical objects to verifiable digital records.
Addressing the Rising Threat of Art Forgery
For Numeraire Future Trends CEO Marsha Lipton, addressing AI-enabled forgery means harnessing the same AI that enables it, combined with cryptography, science, and the expertise of the team of business art professionals, including her own experience as a collector.
She stresses that authenticity is no longer just a matter of expert opinion but a structural problem. “At a time when technology is making deception easier, the foundations of identity and provenance are under pressure,” she says. Through object fingerprinting and Digital Product Passports, Numeraire Future Trends creates a verifiable identity layer that safeguards both provenance and long-term value.
A Foundation In Science And Financial Markets
Lipton’s approach is shaped by her mix of scientific education and experience in the financial market. She earned a PhD in Physical Chemistry from the University of Chicago, which shaped her analytical and evidence-based mindset. Before founding Numeraire Future Trends, she worked as a trader on Wall Street and in the City of London. This gave her direct experience in how markets rely on solid data and transparency.
“Entire systems depend on verifiable information,” Lipton explains. “When transparency breaks down, markets react immediately.” This understanding of structural integrity has become central to the mission of Numeraire Future Trends as it brings trust into the cultural and collectibles sector.
From Collector Insight to Industry Innovation
Lipton ventured into the world of art as a collector, an interest that was spurred by early age exposure to artwork and institutions like the Hermitage Museum. However, deeper research into categories like the Russian avant-garde revealed systemic vulnerabilities. High-profile incidents, including the Knoedler Gallery scandal in New York, underscored that both artworks and their supporting documentation could be compromised.
These challenges highlighted a broader need for infrastructure-level solutions. “A digital entry has little meaning if it is not immutably connected to the physical object it represents,” Lipton notes. This realization led to the creation of Numeraire Future Trends, with a focus on linking physical reality to secure digital identity.
Technology That Defines Object Identity
The key element of the solution is the AI-based process of analyzing surfaces, which perceives a variety of biometric-like identifiers based on the inherent physical properties of the object. Similar to human identification, which depends on multiple markers, Numeraire Future Trends introduces a collection of stable identifiers that determine the identity of an object.
The system then anchors a cryptographic hash of this data to the blockchain, ensuring immutability and verifiability while preserving confidentiality. By doing so, the company enables institutions, collectors, and creators to combat counterfeiting while supporting transparent markets and long-term asset protection.
Industry Recognition and Expanding Global Reach
The launch follows several important milestones for the company. NBC Washington has named Lipton one of the Top Women Thought Leaders in the world. MSN included her in its Top 10 Trailblazing Women to Watch in 2026. These awards highlight the growing impact of Numeraire Future Trends at the intersection of culture and technology.
The company is already working with a global network of clients, including cultural institutions, leading photographers, galleries, and private collections. By continuing to expand its reach, the company is building a connected ecosystem dedicated to protecting high-value assets from the risks of digital forgery.
Looking Ahead
With the current state of AI development, the requirement for a solid identity infrastructure will only grow. Numeraire Future Trends is out to scale up its technology throughout markets to assist collectors, institutions, and creators in preserving their assets to be effectively used by future generations.
By anchoring trust at the object level, Marsha Lipton is not only addressing the immediate challenges of art forgery but also shaping the future of authenticity in a digital-first world.
For more on Marsha Lipton and her work, users can visit www.nftrends.ai
About Numeraire Future Trends
Numeraire Future Trends is a technology company specializing in establishing secure digital identity for physical objects. By integrating AI, blockchain, and advanced scientific methodologies, the company provides infrastructure to verify authenticity and protect the long-term value of art, collectibles, and other high-value assets
