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Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.

EigenLayer’s EIGEN token unlock looms, futures tip a $6.8B FDV

EigenLayer’s EIGEN token is scheduled to unlock at 5:00 am UTC on Oct. 1 and will start trading on exchanges such as Binance soon after. 

Jameson Lopp: Most don’t realize how easy self-custody has become

Cypherpunk Jameson Lopp is making sure there are viable custody solutions that prioritize the user.

Solana’s SOL/BTC pair flashes bullish — Are new highs in store?

Solana’s coiling price against Bitcoin suggests it could be ready for a breakout soon.

Bitcoin exchange flow multiple nears yearly low, signs of ‘upward trend’

The Bitcoin exchange flow multiple value is now at a similar low point as when BTC’s price rallied around 46% in 2023.

UK crypto ATM operator pleads guilty to fraud, money laundering charges

Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges. 

Bitcoin investment product inflows topped $1B as BTC rallied to $66K — CoinShares report

Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week.

Scammers use memecoin ‘trending’ list to lure victims — Researcher

Roffet.eth found that some coins contained obscure, difficult-to-read code that allowed the developer to transfer user’s tokens to themselves.

Elon Musk’s X ban dispute with Brazil takes toll on local crypto community

Brazil’s ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.

Bitcoin’s window to reach $100K by end of Q4 'looks very tight'

Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to a crypto analyst.

NFT sales plummet to lowest monthly volume since 2021 — CryptoSlam

NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September. 

World Record Egg’s two crypto tokens smell kind of bad

After reaching a $150 million market cap, the egg token’s dream has become costly for some investors.

Taiwan opens digital asset ETF market to professional investors

Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.

Onyx to shutdown Ethereum-based lending market, relaunch Onyx Core

After a $3.8 million hack on a long-known security vulnerability, Onyx plans to relaunch its governance-focused financial network with full community support.

FTX Token spikes 70% amid looming bankruptcy distributions

The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions.

Matrixport acquires Swiss asset manager, expands in Europe

Matrixport has completed its all-cash acquisition of Switzerland-based Crypto Finance Asset Management.

New all-time high in 'Uptober?' 5 Things to know in Bitcoin this week

Bitcoin traders' BTC price bets stay firmly bullish as volatility slides back into the September monthly close.

Bitcoin maximalist paradox: BTC adoption threatening founding principles

As Bitcoin becomes more institutionalized, some argue that it is losing ties to its founding principles of decentralization. 

Zilliqa blockchain malfunctions again, ‘permanent fix’ underway

Zilliqa faced two significant bugs, on Sept. 27 and 29, slowing and halting block production.

Smart contract blockchains will become less cypherpunk, says VC boss

Jesse Walden, managing partner at Variant Fund, says the original cypherpunk values that influenced early blockchains could fade over time.

US election outcome won’t slow Q4 Bitcoin rally, says hedge fund

Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge fund manager. 

AI will fight the ‘darker side’ of AI — Nvidia CEO

Nvidia CEO Jensen Huang thinks that only AI will have the speed to fight AI-produced fake information.

Bitcoin bull run unlikely as long as social sentiment runs too hot — Santiment

Santiment says there's nearly double the amount of bullish posts to bearish ones on social media.

California governor vetoes hotly-contested AI safety bill

Gavin Newsom has vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California. 

Vitalik Buterin proposes metrics to measure ‘Ethereum alignment’

Ethereum-based projects should have metrics to strive toward to ensure they are collectively “building something that feels like one Ethereum ecosystem.”

Crypto wallet drainer was on Google Play for months, stole $70K: Report

The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research.

Estonia shows AI-powered decentralized networks could transform US policy

Estonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance their economic and political standing.

3 signs that Bitcoin price is not ready to make a new all-time high

China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.

Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally

Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world.

Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs. 

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