News & Research

An anonymous whale deposited 11.68 million USDC to Hyperliquid over the past eight hours to purchase Solana (SOL), Onchain Lens reported. The investor has so far bought 28,390 SOL and still has outstanding buy orders.

CoinMarketCap's Altcoin Season Index has risen one point from yesterday to 58. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, against that of Bitcoin. An altcoin season is declared when 75% of these top coins outperform Bitcoin over the preceding 90 days, with a reading closer to 100 indicating a stronger trend.

Grayscale has updated its S-1 filings for spot ADA and DOT exchange-traded funds (ETFs), according to Bloomberg ETF analyst James Seyffart.

The U.S. Attorney General has announced an appeal of a court ruling that found most of President Donald Trump's tariff policies to be illegal.

The Fear & Greed Index from cryptocurrency data provider Alternative has fallen 11 points from yesterday to 39, shifting market sentiment into the fear category. The index measures market sentiment on a scale from zero, indicating extreme fear, to 100, representing extreme optimism. It is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

A U.S. appeals court has ruled that most of the Trump administration's tariffs are illegal, Walter Bloomberg reported on X. The court added that the tariffs may remain in place for the time being while litigation proceeds.

The price of Ethereum (ETH) has fallen below $4,300, breaking a key support trendline previously highlighted by Fundstrat founder Tom Lee, Cointelegraph reported. The outlet identified $4,180 as the next significant support level for the asset. Cointelegraph's analysis cited several factors for the bearish outlook, including ETH's historical price weakness in September, a continuous decline in open interest, and negative funding rates suggesting short positions are dominating the perpetual futures market. While $4,180 is the immediate support level to watch, Cointelegraph noted that a decisive rebound is unlikely as the current decline follows a prolonged bull market, adding that traders should be prepared for a potential drop to $3,100.

A pseudonymous analyst known as Bluntz, who has approximately 327,000 followers on X, predicted a major rally for Solana (SOL) once its current consolidation phase concludes, The Daily Hodl reported. The analyst stated that SOL has been trading within a range for 36 days and is forming an ascending triangle, which is considered a bullish pattern. According to Bluntz, Solana’s 166-day range against Bitcoin is showing signs of a breakout.

Investors in Strategy (MSTR) have withdrawn a class-action lawsuit against the company, The Block reported. The suit had alleged that Strategy made false and misleading statements regarding its Bitcoin investment strategy.

Julio Moreno, a senior analyst at CryptoQuant, stated that from a short-term valuation perspective, BTC's downside support is around $100,000 if the cryptocurrency fails to quickly reclaim the $112,000 level.