PUMP approaches its previous all-time high
- Quant
- Trencher
- Shiller
PUMP is approaching its previous all-time high after a reported doubling in two weeks. Traders are targeting a new high this month.
PUMP is approaching its previous all-time high after a reported doubling in two weeks. Traders are targeting a new high this month.
Bitcoin has stalled for two weeks after breaking above its May highs, failing to sustain moves in either direction. Binance spot bids are concentrated in the low $80,000s.
Crude exports through Hormuz topped 14 million barrels a day last week, roughly 80% of pre-war levels. Traders had previously linked fears of another Iran attack to crypto selling.
Pump.fun generated $2.61 million in the past 24 hours, accounting for 49.3% of Solana app revenue. Its Q3 revenue reached $91.5 million, up 44.9% from Q2, with half spent buying PUMP.
Ethereum remains near $2,700, with liquidity clusters at $2,600 and $2,800. A tightening pennant could support a breakout, but price has made little progress over the past week.
ZEC remains under pressure after its September rally. Traders are watching a reclaim of roughly $1,388 or a sweep of Friday’s low for a potential recovery entry.
SEC Chair Paul Atkins says more crypto regulatory proposals are coming. Agency rulemaking could address some industry demands without the stalled CLARITY Act passing.
PUSA traded about $12 million on Solana versus roughly $8 million on Nasdaq on Friday. The Powerus stock token launched through Backpack and Sunrise and is redeemable one-for-one for Nasdaq-listed shares.
Hyperliquid’s Assistance Fund received $14.58 million in September USDC reserve yield for HYPE buybacks.
Elon Musk said SpaceXAI would become SpaceXSI after Trump's superintelligence order. Crypto traders are linking the naming change to the SI token.
The US 10-year yield rose 11 basis points to 5.28% despite Treasury buybacks. Higher yields could tighten liquidity for Bitcoin, complicating Geoffrey Kendrick's earlier call that buybacks signaled a bottom.
SOL has spent weeks battling the $117 level, which traders mark as key support. Some see a push toward the $140s if the broader market holds up; others warn of rejection at the highs.
Artificial Inu has sold off, with traders linking its weakness to the push to rename AI as SI. One holder argues its role in the L()NG ecosystem's vaults and liquidity pools has not changed.
Bitcoin ETFs recorded about $83 million in net inflows. Early October 2 figures excluded BlackRock's IBIT, leaving the earlier $134.4 million two-session total incomplete.
The SEC cleared Cboe BZX's rule change for Volatility Shares' 3x Bitcoin and Ether ETPs on October 2. The Ether product, ETHK, still needs an effective S-1 before trading can start.
Trading volume across Robinhood Chain continues to fall, extending the slowdown after its late-September pickup.
STONK's selloff has traders split on where it bottoms. Some expect a bottom near current levels, but Kaleo points to a $100 million market cap as a possible entry.
Bitcoin's long-term holder MVRV bottomed above 1 during this downturn and is climbing again, keeping the cohort profitable. Prior bear-market lows since at least 2015 pushed the measure below 1.
A fake crypto investment platform took roughly $2.7 million to $2.8 million from a 60-year-old Hong Kong woman. She contacted police after it demanded another deposit to prove her account was not laundering money; no arrests have been made.
STRK rose from about $0.044 to a $0.057 high ahead of Starknet's planned October 5 mainnet upgrade, pending governance. Version 0.14.4 lets apps prove work using up to 1.1 billion L2 gas in one proof.
Bitcoin is roughly three months past its summer low and still about 30% below its all-time high, according to Ecoinometrics. CryptoQuant founder Ki Young Ju calls this an early bull market and sees a possible 3–5x gain over the full cycle.
Wallets holding 1,346 BTC worth about $115 million made tiny test transfers after roughly 13 years of dormancy. The transfers do not establish a sale of the holdings.
Traders expect CASHCAT to lead Robinhood Chain's next rebound after a flush. One holder says CASHCAT has avoided the sharp losses seen elsewhere on the chain.
Japan added Russian crypto exchange Garantex to its asset-freeze list on October 2. The sanctions restrict payments and capital transactions with the exchange.
BitMON's team refunded ETH for backing attempts that failed with out-of-gas errors. Adam Weitsman now holds 222 BitMON NFTs, including one of the five legendaries.