Solana is surging above the $23.50 resistance against the US Dollar. SOL price could accelerate further higher if it clears the $25.00 resistance zone. SOL price is up over 15% and it is showing signs of bullish continuation against the US Dollar. The price is now trading below $23.00 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $23.10 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could rise further higher if it clears the $25 resistance zone. Solana Price Starts Fresh Rally In the past few days, Solana’s price formed a strong support base above the $18.80 level. SOL started a strong increase after it settled above the $22 resistance zone. There was a steady increase above the $23.20 resistance, outpacing Bitcoin and Ethereum. It is up over 15% and there was a…> Open article in new tab

Ethereum price is attempting a fresh increase above $1,720 against the US Dollar. ETH could accelerate higher if it clears the $1,750 resistance. Ethereum is attempting a fresh increase above the $1,720 level. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with resistance near $1,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $1,750 resistance zone. Ethereum Price Gains Traction Ethereum’s price settled above the $1,650 level. ETH formed a base above $1,650 and recently started a decent increase above the $1,700 level, like Bitcoin. There was a move above the $1,720 resistance level and the price tested the $1,750 zone. A high was formed near $1,756 and there was a minor downside correction. The price declined below the $1,735 level. However, it is still above the…> Open article in new tab

Bitcoin price rallied above the $27,500 resistance. BTC is consolidating near $28,000 and might start a minor downside correction in the near term. Bitcoin gained pace above the $27,200 and $27,500 resistance levels. The price is trading above $27,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $27,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is signaling more gains above $28,000 after a mild downside correction. Bitcoin Price Rallies To $28K Bitcoin price started a decent increase above the $27,000 resistance zone. BTC gained pace for a move above the $27,200 and $27,500 resistance levels. The upward move was such that the price even tested the $28,000 resistance. A high is formed near $28,087 and the price is now consolidating gains. It is trading well above the 23.6% Fib retracement level of the…> Open article in new tab

Sam Bankman-Fried cannot blame FTX’s lawyers for its collapse or operations in his opening statements, though he can still try and make a so-called “advice-of-counsel” defense later, the federal judge overseeing his case ruled Sunday.> Open article in new tab

According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time in 10 months. As earlier reported, some 5,000 ETH (equivalent to $8.2 million) was transferred from the flagged address (identified as 0x3e9) to new addresses on Saturday. However, in the latest development, blockchain data tracker Spot On Chain revealed that the FTX exploiter has moved more than $17 million worth of Ether tokens in the past 24 hours. FTX Exploiter To Keep Moving Stolen Funds, Spot On Chain Speculates In one of the most significant exploits in the crypto space, the now-defunct FTX exchange fell victim to a hack a few hours after declaring bankruptcy, leading to a loss of more than $600 million.  According to an on-chain revelation, the exploiter has been moving huge chunks of their loot in the past 24 hours. The transferred funds have…> Open article in new tab

Bitcoin has recorded an overall positive price movement in the last week, gaining by 2.39%, according to data from CoinMarketCap. The premier cryptocurrency suffered a slight dip between Tuesday and Thursday but soon rose on Friday to trade above $27,000 again.  Meanwhile, in celebrating the new month of October, popular crypto analyst Michaël van de Poppe has predicted an incoming bullish run for Bitcoin in Q4 2033 based on certain expected events.  Related Reading: New Bitcoin Prediction: Analyst Backs BTC To Reach $34,500 In 2024 Analyst Projects Bitcoin To Reach $40K In Q4 2023 Starting With A Positive ‘Uptober’ Via a post on X on October 1, Michaël van der Poppe welcomed his 667,000 followers to October with much optimism towards the BTC market, renaming the month as “Uptober.”  In general, the well-known analyst believes the crypto bear market is almost over, and Bitcoin could soon record some significant gains,…> Open article in new tab

The XRP price has already been under pressure for the past month, as the future outlook of Ripple is still set to be determined in the near future. Although XRP has moved up with the rest of the crypto market over the past few days of green, there is still uncertainty about the next bull run. However, this little price movement could be brief, as the number of XRP tokens in circulation just increased by 1 billion XRP, around 1.87% of the circulating supply of 53.312 billion tokens. Related Reading: CRV Price Surges 16% – What’s The Next Move For Curve DAO Token? Potential Impact On XRP Price And Supply On-chain data from Whale_Alerts has shown bouts of XRP totaling 1 billion have been unlocked from escrow in three transactions from two separate wallets. First, 400 million XRP tokens worth over $205.9 million were unlocked. 🔓 🔓 🔓 🔓 🔓…> Open article in new tab

The price of Bitcoin Cash has experienced significant rise over the course of the last 30 days, resulting in favorable returns for investors. Since July, BCH holders have continuously maintained a positive perspective, which has reduced the frequency of selling activity. This collective sentiment has played a significant role in the upward trajectory of BCH, consequently yielding favorable outcomes for these holders. The price of BCH has increased by about 13% over the previous week, giving it some of the biggest gains in the last seven days for cryptocurrency assets. According to CoinMarketCap data, the altcoin was trading at $234.78 at the time of publication. The value of the world’s cryptocurrency market dropped to $1.06 trillion at the time of writing, a 0.1% decrease in a day. On Thursday, ETH increased by about 0.8% to $1,629, while Bitcoin (BTC) rose slightly above the $27K level. Can Bitcoin Cash Reach New…> Open article in new tab

The U.S. Department of Justice said it intends to call FTX customers, investors and cooperating witnesses to testify against Sam Bankman-Fried at trial next week, including a Ukrainian local who would have difficulty getting to the courthouse in-person.> Open article in new tab

Some 5,000 ETH, worth over $8.2 million, have been moved from a wallet address associated with the FTX hacker. This development marks the first time assets have been transferred out of the hacker’s wallet following the exploit about a year ago. Related Reading: Cathie Wood’s ARK Invest Joins Ethereum Futures ETF Race After Spot Bitcoin ETF Delay FTX Hacker Moves 5,000 ETH, Spot On Chain Reveals Marked as one the biggest crypto heists ever, the now-defunct FTX exchange suffered a loss of over $600 million through an hack in November 2022, a few hours after filing for bankruptcy.  According to the on-chain analytics platform Spot On Chain, the FTX exploiter has now transferred 5,000 ETH in two transactions, moving 2,500 ETH to two separate wallets with a space of two hours between both transactions.  Spot on Chain further revealed that following the first transaction, the hacker moved 700 ETH through…> Open article in new tab

Following its victory against the US Securities and Exchange Commission, the XRP price has been displaying bullish sentiments, effectively gaining the attention of long-term investors seeking to buy and hold to gain more profits. In light of this, a crypto CEO has disclosed his insights on XRP’s bullish outlook, acknowledging the prospects of a bull run in the future. Crypto CEO Concedes Possible XRP Bull Run The market sentiment surrounding Ripple Labs’ native token, XRP has taken a bullish trajectory, increasing investors’ confidence and expectations of a possible bull run.  Related Reading: CRV Price Surges 16% – What’s The Next Move For Curve DAO Token? Matthew Dixon, Chief Executive Officer of Evai, a renowned crypto valuation platform, has recognized and highlighted this shift in market sentiment and aired his remarks on the token’s bullish position in an X (formerly Twitter) post on Friday.  A price surge for the XRP price…> Open article in new tab

Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager reportedly secured approval to offer investors exposure to Ether futures under its existing strategy ETF (BTF). SEC Might Be Behind This Action, Bloomberg Expert Speculates On Friday, September 29, Valkyrie filed a 497 with the SEC, saying that it would halt the purchase of Ether futures contracts and unwind its existing positions.  A part of the filing read: Effectively immediately, The Fund will not purchase ether futures contracts until the effectiveness of an amendment to the Fund’s registration statement contemplating the addition of ether futures contracts to the principal investment strategy of the Fund. Until such time, the Fund will…> Open article in new tab

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.> Open article in new tab

Sam Bankman-Fried’s attorneys objected to some of the U.S. Department of Justice’s proposed voir dire questions in a late Friday filing, saying they may miss potential juror bias or otherwise lead to jurors making assumptions about the case.> Open article in new tab

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If appetite for staking on Ethereum does not slow meaningfully over the next several months, the size of Ethereum’s validator set could become problematic for the blockchain, says Christine Kim, Vice President of Research at Galaxy Digital.> Open article in new tab

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The asset manager Thursday said it had already begun purchasing ether futures contracts.> Open article in new tab

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Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said> Open article in new tab

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab

The tokenized Treasuries market has grown sixfold this year to $668 million, according to rwa.xyz data.> Open article in new tab

Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.> Open article in new tab

Gemini said it is taking the step “due to requirements imposed by the De Nederlandsche Bank (DNB),”> Open article in new tab

Hong Kong and Macau authorities say they’ve detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18.> Open article in new tab

In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published for the first time on Friday. “I don’t really know what ‘happiness’ means,” he said in one of the tweets, which he wrote just weeks after his crypto empire blew up last year, as he was facing down a tidal wave of public scorn.> Open article in new tab

FTX founder Sam Bankman-Fried has a right to shape the narrative around him, his lawyers argued during a court hearing last month. Unposted tweets obtained by CoinDesk suggest he may have been trying to craft a new image for himself since as soon as last December by discussing his mental health and prescribed medication.> Open article in new tab

To some, Sam Bankman-Fried’s impending trial is one of the biggest stories in recent news, but to many New Yorkers, the name does not strike a chord.> Open article in new tab

Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.> Open article in new tab

The acquisition will expand Fireblocks’ capabilities in tokenization including token customization, orchestration, distribution and advisory.> Open article in new tab

Cryptocurrency exchange Coinbase this week announced that it had received regulatory approval to list perpetual futures on its international exchange.> Open article in new tab

The game’s growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more.> Open article in new tab

There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said.> Open article in new tab

Stablecoins alone can’t be considered securities, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.> Open article in new tab

FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk’s Ian Allison.> Open article in new tab

The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.> Open article in new tab

It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.> Open article in new tab

Sam Bankman-Fried’s trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows.> Open article in new tab

Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.> Open article in new tab

“While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future,” said CEO Brad Garlinghouse.> Open article in new tab

JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?> Open article in new tab

Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.> Open article in new tab

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The EU and UK may both be contemplating new rules to cover crypto staking — as regulatory action in Switzerland and Singapore offers a cautionary tale.> Open article in new tab

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.> Open article in new tab

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VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.> Open article in new tab

The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”> Open article in new tab

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The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected.> Open article in new tab

The company has been looking to expand globally and announced its international exchange in May this year.> Open article in new tab

The original planned launch date of Holesky, on Sept. 15, was supposed to celebrate the one-year anniversary of Ethereum’s historic “Merge” transition.> Open article in new tab

Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government.> Open article in new tab

Users can also send SMR tokens (and in the future NFTs and custom Native Assets) to the ShimmerEVM through Firefly.> Open article in new tab

Zodia’s Interchange allows clients to keep their assets on its platform, while their holdings are mirrored and available on an exchange for trading.> Open article in new tab

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab

The staking powerhouse dominates the market for liquid tokens. Is this a problem? Marin Tvrdić, a protocol relations contributor at Lido, responds.> Open article in new tab

Investors could see outsized gains by buying a diversified portfolio of publicly listed mining companies, the report said.> Open article in new tab