December 20 News, Bernstein stated that NVIDIA (NVDA.O) is rarely attractively valued relative to the Philadelphia Semiconductor Index, with the overall valuation multiple indicating a promising outlook for future returns. Analyst Stacy Rasgon wrote that compared to the chip stock index, NVIDIA is "currently undervalued by about 13%, placing it in the top 1 percentile historically. In fact, over the past ten years, there have only been 13 trading days when NVIDIA's valuation relative to SOX was lower than it is now." NVIDIA's recent valuation is about 25 times its future EPS, "for the company, a 25x forward P/E means its stock price is in the 11th percentile of the valuation distribution over the past decade," a level that is "quite cheap in absolute terms," and "over the past ten years, investors who bought when NVIDIA's valuation was below 25x have all reaped substantial returns—average returns over 1 year."

ChainCatcher News, the Global Web3 Ecosystem Innovation and Application Summit will be held on January 5, 2026, at Hong Kong Digital Harbor. It is hosted by the US publicly traded company Mega Matrix Inc. (NASDAQ: MPU) and CoinQ Exchange, with co-hosts including Moore Labs, Vitaking, UniOne, Polaris, and more than ten other Web3 organizations. The conference theme is “Ecosystem Innovation × Practical Application,” bringing together more than ten global regulatory agencies, traditional financial institutions, and over 500 Web3 industry professionals to discuss blockchain compliance and industry applications. This summit aims to provide new opportunities for the healthy and long-term development of the global Web3 industry.

Odaily星球日报讯 CZ 在 Space 中表示，近期花费了大量时间为各国政府提供咨询服务，已与大约十几个国家的政府进行了较为严肃的沟通与对话，形式涵盖官方、公开以及私下层面。相关讨论主要集中在如何制定加密行业的监管框架，以及如何将加密产业和相关创新引入本国发展。

Gate News Bot message, December 18th, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $1.85, down 3.19% in the past 24 hours, with a high of $2.05 and a low of $1.83. The current market capitalization is approximately $11.179 billion. The XRP Ledger is a public blockchain built for business, jointly led by the global business and developer community. The chain has been reliably operating for over ten years, with zero transaction failures, offering features such as simplified development, low transaction costs, high performance, and sustainability. The XRP Ledger is characterized by decentralization, a smooth development experience, high performance (settling thousands of transactions within seconds), and low costs (only a few tenths of a cent per transaction). Additionally, the platform has a built-in decentralized exchange, cross-currency payments, payment channels, and multi-signature capabilities.

Bloomberg analyst James Seyffart expects cryptocurrency index ETPs to attract significant capital, with a variety of forms and sizes. He recommends the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC), which tracks the top ten cryptocurrencies (excluding Bitcoin) through the FTSE Russell Cryptocurrency Index.

BlockBeats News, December 17th, Tuesday: US non-farm payroll data shows that the unemployment rate in November has risen from 4% when President Trump took office to 4.6%. Such an increase is not a good sign, but it is not uncommon in history. According to WSJ statistics, since 1953, six US presidents have experienced an increase in the unemployment rate within the first ten months of their first term (Trump is actually in his second term, but it is non-consecutive), including: Eisenhower (unemployment rate rose from 2.9% to 3.5%), Nixon (3.4% to 3.5%), Ford (5.5% to 8.8%), Reagan (7.5% to 8.3%), George W. Bush (4.2% to 5.5%), Obama (7.8% to 9.9%). Among them, Ford succeeded Nixon after his resignation, so the data comparison is less reliable. In the remaining five cases

Gate News Bot Message, December 17th, according to CoinMarketCap data, as of press time, RECALL (Recall) is trading at $0.10, up 13.34% in the past 24 hours, with a high of $0.12 and a low of $0.09. The 24-hour trading volume reached $9.28 million. The current market cap is approximately $19.9 million, an increase of $2.35 million from yesterday. Recall is a tokenized marketplace platform built for AI. Users can gather funds, rank, and discover the AI they need through Recall's skill marketplace, and also participate in AI agent competitions by staking tokens to earn rewards when they win. The platform now offers ten skill markets including crypto trading, perpetual futures, coding, and document summarization, attracting about 9 million curation visits, 1.4 million users, and 175,000 AI agents. REC

Wall Street investment bank Cantor Fitzgerald recently released a 62-page in-depth research report, providing a rare high-level valuation analysis of the decentralized perpetual contract platform Hyperliquid. The report predicts that the HYPE token could reach a potential market cap of $200 billion within the next 10 years. This forecast quickly attracted market attention and is seen as an important signal that traditional financial institutions are re-evaluating DeFi infrastructure. Cantor Fitzgerald's valuation logic is based on a "exchange-level" business model, rather than traditional speculative crypto narratives. The report assumes that Hyperliquid can achieve approximately $5 billion in annual revenue at a mature stage and applies a 50x price-to-earnings ratio, deriving a long-term valuation target of $200 billion. Analysts explicitly state that Hyperliquid is closer to an on-chain version of a global derivatives exchange rather than an ordinary DeFi protocol.

Gate News Bot Message, December 17th, according to CoinMarketCap data, as of press time, XRP is currently trading at $1.91, up 2.19% in the past 24 hours, with a high of $2.05 and a low of $1.88. The 24-hour trading volume reached $2.777 billion. The current market capitalization is approximately $115.586 billion, an increase of $24.77 million from yesterday. XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, dedicated to solving problems and creating value. With over ten years of error-free operation, XRPL offers a smooth development experience, low transaction costs, high performance, and sustainable growth. The platform features powerful functionalities such as a high-performance decentralized exchange, cross-currency payments, payment channels, multi-signature, and tokenization, with each transaction costing less than one cent. It has processed over 63 million ledgers.

The cryptocurrency market has been under continuous pressure recently, and the so-called "Christmas rally" is becoming increasingly unlikely. On Monday, major digital assets such as Bitcoin, Ethereum, and Ripple (XRP) all declined collectively, with prices falling to at least a one-week low, and the derivatives market liquidation scale also significantly expanded. Data shows that Bitcoin has fallen more than 3% in the past 24 hours, with the price dropping from nearly $90,000 in early Monday trading to a low of $85,833, hitting a new low since early December. Ethereum also performed poorly, declining over 4% intraday to $2,955; Ripple dropped about 4.5%, falling back to $1.90, also hitting a new low since December. Over the past week, almost all of the top ten cryptocurrencies by market cap, except stablecoins, have weakened across the board.

Golden Finance reports that Bitwise Chief Investment Officer Matt Hougan announced that the 2026 top ten predictions will be released on December 17. It is expected that Bitcoin will break through the four-year cycle to reach a new all-time high, with volatility lower than Nvidia and a decreasing correlation with stocks. This trend is benefiting from the influx of institutional capital and improved regulatory policies.

Golden Finance reports that the New York Stock Exchange has released its business highlights for 2025, revealing that the exchange handled seven out of the top ten IPOs of the year and pioneered the path for cryptocurrency market access. This year, the NYSE listed Circle Internet Group, Inc. (NYSE: CRCL), Bullish (NYSE: BLSH), and Twenty One Capital, Inc. (NYSE: XXI), as well as 25 digital asset ETFs, including: Grayscale CoinDesk Crypto 5 ETF (NYSE

Gate News Bot Message, December 15 — According to CoinMarketCap data, XRP (XRP) is currently trading at $2.00, down 1.38% in the past 24 hours, with a high of $2.17 and a low of $1.97. The current market capitalization is approximately $120.914 billion, ranking 5th globally. The XRP Ledger is a blockchain built for business, led by a community of global enterprises and developers committed to solving problems and creating value. With over ten years of zero-error operation, the XRP Ledger offers a seamless development experience, low transaction costs, high performance, and sustainability. The chain features several core functionalities, including a built-in high-performance decentralized exchange, cross-currency payments, payment channels, multi-signature, and token issuance. The XRP Ledger is known for its open

ChainCatcher news, in the 2025 Entrepreneur Middle East Leadership Awards held in Dubai, Gate was awarded the "Crypto Industry Icon" for the year. This honor is awarded by the over ten-year-old business media Entrepreneur Middle East, to recognize outstanding representatives who demonstrate significant influence, industry driving force, and ecological contribution in the global crypto and Web3 fields. As one of the earliest platforms to establish a global layout within the industry, Gate has long focused on user experience, security system construction, and continuous investment in key infrastructure, and has continuously strengthened practices in asset transparency, compliant operations, and promoting industry standardization. In recent years, Gate

BlockBeats News, December 11 — Ethereum treasury company BitMine Chairman Tom Lee stated in the latest podcast Altcoin Daily that the current price of Ethereum reflects not what happened today, but the future. So don’t expect it to rise every day; you need to bet on the "super cycle." Tom Lee believes that the biggest misconception is: even if you discount the future EQM to $5,000 or even $3,000, the end price of Ethereum ten years from now could still be $100,000. "This small difference today is just a tiny fluctuation in the discount rate." But everyone wants instant gratification — press the buy button and make money the next day; if it doesn’t rise, "this coin is a scam." They think they can press the button 1,000 times and win 1,005 times, but in reality, no one can do that.

Terra's LUNA token experienced a rare explosive surge this week, rising over 250% in the past ten days, clearly outperforming the overall cryptocurrency market. Key factors driving this rally include the implementation of network upgrades, the countdown to the legal trial of Terraform Labs co-founder Do Kwon, and cyclical rebounds caused by technical structures. The rally was first triggered by the Terra v2.18 network upgrade on December 7. This update mainly improved node performance, fixed memory vulnerabilities, and addressed intermittent reliability issues that had plagued the network for months. As technical improvements boosted market sentiment, external events further intensified volatility. Do Kwon is scheduled to be sentenced on December 11, 2025, at the Manhattan Federal Court. He has previously admitted to fraud charges related to the 2022 TerraUSD collapse. The incident caused approximately $40 billion in market capitalization to evaporate. Prosecutors seek a 12-year prison sentence, while the defense advocates for a lighter sentence. This legal milestone has become a major focus for short-term traders. As the verdict approaches, market speculative sentiment has significantly heated up, causing LUNA trading volume and price to rise in tandem.

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $2.01, down 3.62% in the past 24 hours, with a high of $2.17 and a low of $2.00. The 24-hour trading volume reached $4.18 billion. The current market capitalization is approximately $121.366 billion, down $4.56 billion from yesterday. XRP Ledger is a blockchain built for business, driven by a global community of businesses and developers, dedicated to solving real-world problems and creating value. With over ten years of error-free operation, it offers a smooth development experience, extremely low transaction costs, high performance, and sustainability. XRP Ledger features open decentralization, open-source accessibility, and community maintenance. Each transaction costs only a few cents, with fast settlement times measured in seconds.

Odaily Planet Daily News: In November, the US NFIB Small Business Confidence Index rose to 99.0, up 0.8 points from October, with six out of ten sub-indices showing an increase, mainly driven by improved sales expectations. However, the Uncertainty Index rose by 3 points to 91, partially offsetting the optimism. Labor market conditions remain concerning, and the overall situation is still severe. About 33% of business owners reported job openings in November (previous value: 32%), marking the first increase since June and significantly higher than the historical average of 24%. There were positive signals in employment expectations, with about 19% of business owners planning to add employees in the next three months, up 4 percentage points from October and reaching the highest level of the year. Inflation remains a major concern in the November data, with the proportion of business owners raising average selling prices increasing from 21% in October to 34%.

BlockBeats news, on December 8, QCP released its daily market commentary stating that BTC experienced sharp fluctuations in the $88,000 to $92,000 range on Sunday, while ETH also quickly surged from $2,910 to $3,150. As year-end liquidity continues to decline, the market has become particularly sensitive to small capital flows. However, despite the strong volatility, liquidation volumes remain small, indicating that market participation and positions have continued to decrease this quarter. The open interest of the two major assets’ perpetual contracts has dropped 40–50% from the highs in October, and retail sentiment has returned to bearish levels. Meanwhile, supply is tightening significantly. In the past two weeks, about 25,000 BTC have been withdrawn from exchanges, and for the first time, ETF and corporate holdings have exceeded exchange balances; ETH exchange reserves have also fallen to a near ten-year low, indicating that while retail investors are exiting, long-term capital is quietly accumulating. Market focus

Hong Kong Investment Management Limited has appointed ten institutions as asset management companies for the "New Investment Immigration Scheme" 2025. Investors are required to invest at least HKD 30 million in approved assets, including Bitcoin and Ethereum ETFs.

According to ChainCatcher, as reported by CoinDesk, two wallets associated with Casascius physical bitcoins have recently transferred a total of 2,000 bitcoins, worth approximately $180 million, after being dormant for over ten years. These bitcoins had not been touched since 2011 and 2012, when the price of bitcoin was under $15, compared to nearly $90,000 today. Casascius physical coins were created by Utah entrepreneur Mike Caldwell in 2011 as physical collectibles containing embedded private keys, with denominations ranging from 1 to 1,000 BTC. Each coin comes with a tamper-evident holographic seal to protect the private key underneath. Due to the US Financial Crimes Enforcement Network (FinCEN) flagging Caldwell as an unlice

According to BlockBeats, due to recent position adjustments by “Calm Order King,” the account currently holds a total position size of approximately $24.18 million, with a floating profit of $570,000, and has achieved 15 consecutive wins. The main positions include short positions in BTC, SOL, ZEC, and MON, all of which have performed better than expected.

ChainCatcher news, according to CoinDesk, options trading volume linked to BlackRock's Bitcoin ETF (IBIT) has surged, with a total of 7,714,246 IBIT options contracts open or outstanding as of Tuesday. According to data from optioncharts.io, among options linked to US-listed stocks, ETFs, and indexes, IBIT options rank ninth in open interest; when considering only stock options, IBIT options rank second in open interest. The report notes that IBIT options have already surpassed gold ETFs and major tech stocks, highlighting Bitcoin's growing appeal as a macro asset. Despite the decline in Bitcoin's price, trading activity for IBIT options is higher than that for options linked to the SPDR Gold Trust ETF, which has risen this year.

Ten major European banks have formed an alliance and plan to launch a euro stablecoin by mid-2026 in an effort to counter the dominance of the US dollar in the global stablecoin market, which exceeds $300 billion. The project is jointly initiated by banks including BNP Paribas, ING, UniCredit, and CaixaBank, and will be developed through the newly established Qivalis institution to ensure compliance with the EU's MiCA regulations. Qivalis has assembled an experienced leadership team, with former Compliance CEX Germany Managing Director Jan-Oliver Sell serving as CEO and former ING Head of Digital Assets Floris Lugt as CFO. The alliance has applied for an electronic money institution license from the Dutch Central Bank and welcomes participation from more banks to drive payment innovation.

The options contract activity for BlackRock's spot Bitcoin ETF (IBIT) continues to climb. As of Tuesday, IBIT had 7,714,246 open interest (O.I.) contracts, ranking ninth among all U.S.-listed stocks, ETFs, and index options, and second among stock options alone. Data shows that Bitcoin ETF options are rapidly becoming one of the most closely watched macro assets in the U.S. market. BloFin Research pointed out that if Deribit open interest is included, IBIT options' scale can rival that of VIX and SPY options, further solidifying Bitcoin’s status as a macro asset. IBIT options were launched in November 2024, providing ETF holders with risk management tools while meeting institutional investors' demand for regulated options trading. Traders widely use these options for hedging, speculation, and covered call strategies.

Golden Finance reported that the US Dollar Index DXY has fallen more than ten points in the short-term, currently at 99.38.

Odaily News According to monitoring by Lookonchain, a total of ten newly created wallets received a total of 2612 BTC from BitGo in the past week, amounting to approximately 231 million dollars at current prices. The aforementioned wallets were all generated recently, and their subsequent movements remain to be observed.

Golden Finance reported that Musk said in a conversation with investor and podcast host Nikhil Kamath released on Sunday that the only way for the U.S. to escape its deepening fiscal predicament is through productivity driven by AI and Bots. Musk stated that this is almost the only way to solve the U.S. debt crisis. He added that this is likely to bring about significant deflation. According to data from the U.S. Department of the Treasury, as of November 26, the national debt of the United States has reached $38.34 trillion, more than double what it was ten years ago. Musk stated that AI currently does not have sufficient productivity improvements to make economic output exceed the inflation rate, but this is about to change. He said that within three years or less, his judgment is that the output of goods and services will exceed the rate of inflation. Musk stated that advancements in AI and Bots technology will bring humanity into an era where work becomes optional.

Golden Finance reports that US Treasury yields rose during the Asian trading session as the market awaits new data and Trump’s announcement regarding the Fed chairman nomination. Analysts point out that investors are following the upcoming ISM manufacturing index. The yields on the two-year and ten-year Treasury bonds rose to 3.495% and 4.039%, respectively.

According to ChainCatcher news and Jin10 reports, a rate strategist at Societe Generale stated in a report that the upcoming economic data will continue to show the resilience of the US economy, persistent inflation, and a slight deterioration in the labor market conditions. Nevertheless, they expect the Fed to cut interest rates after the December meeting, with two more rate cuts expected next year, predicting that by the end of 2026, the yield on two-year Treasury bonds will stabilize and decline to 3.2%, and the yield on ten-year Treasury bonds will decline to 3.75%.

PANews, November 28 - Goldman Sachs warns of "cracks" in the U.S. labor market. WARN filings related to planned large-scale layoffs have risen to their highest level since 2016 (excluding the pandemic peak); Challenger statistics show that layoff announcements in October are close to recession levels, primarily from technology, industrial goods, and food and beverage sectors. Goldman Sachs states that layoffs combined with low hiring rates make it harder for the unemployed to find reemployment. Initial jobless claims remain low, but they usually lag behind private layoff data by about two months and may rise in winter. Amazon plans to cut about 14,000 corporate jobs this fall. Goldman Sachs indicates that there is currently insufficient evidence to determine AI as a major driver of layoffs.

Gate News bot message, according to Gate's latest announcement: Gate Yubi Bao has launched a new 7-day fixed-term financial product for ETH, which will provide an additional rewards pool. The product offers a maximum annualized return of up to 11.9%, including a 10% annualized return bonus. Gate will also offer a total of 150,000 TEN tokens as additional rewards. TEN is an Ethereum-based privacy Layer 2 solution that utilizes Trusted Execution Environment ( TEE ) technology to provide programmable privacy protection features for smart contracts.

According to the Gate News bot, the announcement from the Gate exchange platform on November 27, 2025. Gate flash exchange platform has added support for exchanging TEN tokens. Users can now exchange them with assets such as USDT through the flash exchange feature. Gate swap platform currently supports fast exchange services for over 2200 types of cryptocurrency assets, providing users with a fee-free trading experience.

Odaily News Alliance DAO co-founder responded to the previous viewpoint that "crypto bros will face stronger opponents when trading U.S. stocks" by stating that he is clear about this because he himself was one of the "professional counterparties" in the U.S. stock market ten years ago. He stated, "In the U.S. stock market, about 1 in every 20 trades is against my counterparty. I know my level at that time, and I am aware of the strength of my peers like Jump, Citadel, etc.—any market inefficiency you can think of has been completely squeezed out by us." He emphasized that retail investors might "get lucky for a few months," but the only way to make stable profits in the long term is straightforward: buy quality assets and hold them long-term, most likely index funds. If everyone does this, the professional trading industry will not be able to sustain itself. He concluded by writing: "The worst performer at the table.

Analysis company Arkham recently released a list of the top ten wealthiest individuals in the crypto assets industry, showing that this wealth can be traced on the blockchain. Unsurprisingly, at the top is the pseudonymous Bitcoin founder Satoshi Nakamoto, who holds Bitcoin worth over 100 billion dollars. The list also includes TRON founder Justin Sun and Ethereum founder Vitalik Buterin. It is noteworthy that there are four billionaires on the list who control billions of dollars in crypto assets but cannot access them. Arkham points out that Rain Lõhmus, James Howells, Stefan Thomas, and Clifton Collins collectively hold about $2.7 billion in Bitcoin and Ethereum, which are visible on-chain, but for various reasons have become inaccessible.

According to BlockBeats news on November 27, monitored by HyperInsight, there is a new divergence in long and short positions among BTC whales today, with multiple addresses opening positions exceeding ten million dollars, each in different directions. An address marked as "Penision Fund" has opened a short order of 91 million dollars and currently has unrealized losses; another whale address closed a short order of 35 million dollars and then took the opposite position to go long, now with unrealized gains. Specific information is as follows: Whale with address starting with 0x0dd: marked by users as Penision Fund, closed long orders for ETH and BTC at 10 PM yesterday, and opened a 20x BTC short order today at 1 AM, with a position size of 91 million dollars, unrealized losses of 1.25 million dollars, currently the second largest BTC short on Hyperliquid; Whale with address starting with 0x2c2: today at 1.

Gate News bot message, on November 27, 2025, Gate will launch TEN Protocol (TEN) for the first time. Gate plans to launch the TEN/USDT trading pair on November 27, 2025, at 21:00 ( UTC+8. At the same time, the platform will initiate the 323rd phase of the HODLer Airdrop event, with a total of 200,000 TEN tokens to be airdropped. Participating users must hold at least 1 GT. TEN Protocol is a privacy Layer 2 solution based on Ethereum, focusing on providing programmable privacy features for smart contracts. The project utilizes trusted execution environment )TEE( technology, supporting applications in areas such as gaming, DeFi, artificial intelligence, and institutional finance. The TEN token is developed based on the ERC-20 standard, with a total supply of 1 billion tokens.

PANews November 23 news, according to Caixin.com, Richard Sandor, the father of carbon trading and founder of the Chicago Climate Exchange (CCX), believes that in the next five to ten years, all assets will be tokenized, and this trend is accelerating. Tokenization refers to the transformation of real-world assets into tradable digital asset warrants (Token) based on blockchain technology. Carbon will become another asset with a digital life, and in the future, AI, tokenization, and carbon trading will merge together to create a better world.

Golden Financial reported that U.S. consumer confidence fell to one of its historical lows in November, as Americans became more pessimistic about their financial situation. According to data from the University of Michigan, the final consumer confidence index for November dropped from 53.6 in October to 51, just slightly above the preliminary value. The current conditions index fell by 7.5 points to a record low of 51.1. Consumers' views on their personal finances are at their most pessimistic level since 2009. Survey director Joanne Hsu stated, "Consumers remain frustrated by persistently high prices and declining incomes." The data shows that consumers expect prices to rise at an annual growth rate of 4.5% over the next year, which has slowed for the third consecutive month. They anticipate an average price increase rate of 3.4% over the next five to ten years, down from 3.9% in October. While Americans' concerns about inflation have eased somewhat, they still feel anxious about high living costs and job security.

Gate News bot message, according to market data from November 21, both Bitcoin and Ethereum ETFs recorded substantial outflows. Ten Bitcoin ETFs saw a combined net outflow of 7,341 BTC, equivalent to $626.29 million. BlackRock's Bitcoin ETF experienced the largest outflow of 4,108 BTC ($350.42 milli

BlockBeats news, on November 21, the Meme coin market has fallen to its lowest valuation in 2025, with a total market capitalization dropping to 39.4 billion USD, evaporating over 5 billion USD in 24 hours, a decline of about 66.2% compared to the historical high of 116.7 billion USD set on January 5. Major Meme Tokens have all experienced significant declines, with the top ten Meme coins showing drops over the past 1 hour, 24 hours, and 7 days. DOGE and SHIB recorded double-digit declines, while TRUMP had the smallest decline but still fell by 11.65%. The total market capitalization of NFTs dropped to 2.78 billion USD today, down 43% from 4.9 billion USD 30 days ago, marking the lowest point since April. Over the past 30 days, most of the top ten NFT series recorded double-digit declines, the most...

Coinglass data shows that approximately $1.97 billion in Crypto Assets were Get Liquidated in the past 24 hours, and the top ten Crypto Assets by market capitalization (excluding stablecoins) all experienced double-digit falls in the past 24 hours, exacerbating the dumping trend. As a result, the total market capitalization of Crypto Assets has fallen below $3 trillion for the first time in seven months. The S&P 500 index stabilized after a decline on Thursday, indicating that this drop is primarily concentrated in the Crypto Assets sector. CryptoQuant's certified analyst Maarten Regterschot stated: "This is the first large-scale dumping since October 10. The historic liquidation event on October 10 was driven by spot selling, while the current fall is driven by leverage."

Golden Finance reports that event-driven investment firm Pentwater Capital has acquired an 8.5% stake in Core Scientific, becoming one of the important hedging fund shareholders of this Bitcoin mining and data center operator. According to the latest Schedule 13G filing submitted on Friday, Pentwater reported that it holds 26 million shares of Core Scientific stock, accounting for 8.5%. Core Scientific's stock price has retraced 35% since reaching a historical high of $22.9 last month. Based on the current price of around $15, this position is worth approximately $400 million. Pentwater manages about $18 billion in assets and was one of the top ten shareholders of Twitter before Elon Musk's acquisition.