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- Altcoin/ETH weekly RSI hits record low (24.45), signaling extreme oversold conditions and attracting market attention for potential reversals. - Stochastic RSI forms bullish cross from oversold territory, enhancing probability of momentum recovery when combined with RSI alignment. - Price holds key 0.53-0.54 support zone, historically halting declines, with traders advised to monitor volume for sustained rebound confirmation. - Analysts caution against immediate long positions despite favorable indicator
- Tornado Cash case highlights unresolved legal risks for crypto developers, as Roman Storm’s mixed conviction raises questions about criminal liability for tool misuse. - DOJ’s 2025 policy clarifies that code itself isn’t a crime unless written with explicit intent to enable illegal activity, reducing uncertainty for innovators. - Pending CLARITY Act aims to stabilize markets by defining SEC/CFTC jurisdiction, offering a three-year safe harbor, and protecting investors via anti-rehypothecation rules. - Po
- KAITO dropped 102.94% in 24 hours, 63.8% in seven days, and 523.61% in a month, despite a 100580% annual gain. - The sharp correction coincided with broader market volatility and liquidity pressures, raising questions about fundamentals and sentiment. - Technical indicators like RSI and MACD show bearish trends, with RSI in oversold territory and MACD lines declining, suggesting prolonged downward momentum. - Analysts remain cautious about near-term rebounds due to the depth and speed of the correction.
- Balaji Srinivasan argues Bitcoin could replace real estate as a primary wealth preservation tool due to its scarcity, portability, and digital nature. - JPMorgan analysts note Bitcoin's volatility has hit historical lows, projecting a $126,000 price target if its market cap rises 13% to match gold's $5 trillion valuation. - Corporate treasury purchases now account for 6% of Bitcoin's supply, driven by institutional adoption and inclusion in major equity indices. - U.S. and EU regulatory frameworks (GENIU
Since the passage of the GENIUS Stablecoin Act in July, market momentum appears to be shifting toward Ethereum.
- Ethereum ETFs outperformed Bitcoin in Q3, absorbing $1.83B in weekly inflows vs. $171M for Bitcoin ETFs. - Institutional investors rebalanced portfolios toward Ethereum, with ETH ETFs gaining $13.6B vs. $800M Bitcoin outflows over three weeks. - Financial advisers now hold 539,000 ETH ($1.3B) and 161,000 BTC ($17B), driving 68% QoQ growth in Ethereum exposure. - Ethereum's 18.5% price surge vs. Bitcoin's 6.4% decline highlights shifting institutional demand, with ETH/BTC ratio hitting 0.04 yearly high. -
- Sharps Technology raised $400M via private placement to build Solana (SOL) treasury, aiming to become the largest corporate holder of the blockchain's native token. - The deal includes $50M discounted SOL from Solana Foundation and potential $1B total proceeds if warrants are exercised, supported by major investors like ParaFi and Pantera. - Solana's 7% staking yield and 8.9B processed transactions in 2024 highlight its institutional appeal, with 13 entities now holding $1.72B in SOL including Sharps' 3.
- XRP's recent price consolidation, analyzed via Elliott Wave and Fibonacci retracements, signals a potential breakout toward $20+. - Institutional adoption of Ripple's ODL and anticipated ETF approvals could inject $4.3B–$8.4B, boosting XRP's institutional demand. - Historical parallels to the 2017–2018 bull run and controlled supply dynamics support a $20 price target by year-end. - Current $2.8–$3.3 range offers strategic entry points, with key support at $2.96 and potential for multi-year gains.
- XRP Ledger (XRPL) is transforming global supply chain finance through low-cost, high-speed transactions and real-world asset (RWA) tokenization. - Platforms like Linklogis have processed $2.9B in cross-border trade assets on XRPL, enabling instant liquidity via invoice tokenization. - XRPL’s energy-efficient federated consensus (99.99% less energy per transaction) aligns with institutional ESG goals while outperforming Ethereum’s throughput. - 2025 RWA tokenization reached $305.8M via partnerships with D
- 10:23The "Lightning Swing Trader" address starting with 0x880a is continuously building short positions on Aster, with a total account position of approximately $87.9 million.BlockBeats News, on September 29, according to HyperInsight monitoring, in the past 6 hours, the address starting with 0x880a opened a new Aster short position at $1.845 and continued to increase its position. As of now, it has accumulated more than 160,000 tokens. According to further monitoring, this address reduced its SOL short position and increased its PUMP short position within 24 hours. At the same time, the total position of this address is about $87.9 million, with a current total floating loss of about $12.7 million. The profit in the past week is about $8.1 million, which is a significant decrease compared to the previous period. Its main positions are: PUMP $45.27 million; SOL $29.39 million; LINK $11.08 million. The trader behind this address tends to operate in swing trading style, entering and exiting quickly with high frequency and a high win rate (70%), and has been trading frequently in recent weeks.
- 10:22Machi Huang Licheng opens new long positions on PUMP and closes XPL long positions at a lossBlockBeats News, September 29, according to HyperInsight monitoring, 12 hours ago, Huang Licheng took profits from PUMP long positions at a high of $0.006. After fully closing his position, he reopened PUMP long positions 6 hours ago and continued to increase his holdings. As of 17:00 today (UTC+8), he has increased his holdings by 700 million tokens, totaling approximately $4 million. At the same time, this address placed orders to close XPL long positions at $1.35 to $1.43, incurring a realized loss. This position is now floating at a loss of over 76%, totaling $4.07 million. According to further monitoring, the total holdings of this address are about $173 million, with the overall floating loss expanding further compared to earlier today. The main positions include: ETH long positions of about $132 million; XPL long positions of about $26.6 million; HYPE long positions of about $11 million.
- 10:22QCP Capital: Market rebound supports "Uptober," BTC needs to break above $115,000 to confirm the uptrendBlockBeats News, on September 29, QCP Capital published an article stating that after last week's sell-off, cryptocurrencies are showing signs of recovery. BTC and ETH have rebounded to 112,000 and 4,100 US dollars, respectively. Despite significant capital outflows from ETFs (especially last Friday), spot prices stabilized over the weekend, suggesting that quarter-end basis unwinding or redemptions may be the main reasons, and the market's ability to absorb selling pressure has exceeded expectations. As spot prices rebound, ETF capital flows this week will set the tone for institutional demand ahead of the seasonally bullish months. After a volatile month, BTC's monthly gain still exceeds 3%, providing support for the so-called "Uptober." However, it should be noted that BTC needs to effectively break through the 115,000 threshold to confirm a new round of upward momentum. The options market reflects this hesitation—as traders rebuild confidence, the put skew and open interest for both BTC and ETH are gradually returning to normal levels.