Starknet (STRK) recently launched the first phase of its staking program, triggering a 10% price surge in just one day. This sudden price movement has caught the attention of traders as the token approaches key resistance levels. Despite the strong momentum, technical indicators present a mixed view on the asset’s outlook.

The Relative Strength Index (RSI) is indicating an overbought condition, which suggests that STRK may struggle to maintain its upward trajectory. At the same time, the Chaikin Money Flow (CMF) shows only moderate buying pressure, raising questions about the sustainability of the current rally.

Dogecoin (DOGE) recently broke out of a falling wedge pattern that it had been trading in for several months. As such, such a breakout usually signals a potential bullish reversal, indicating a continuation of the rally.

When a descending wedge is broken, the price often rises by the maximum distance between the upper and lower trendlines. For Dogecoin, this could suggest a significant price increase of up to 72%. Should memecoin holders anticipate such a rally?

A Federal Police (PF) operation launched on Thursday morning (26) dismantled a criminal organization focused on human trafficking. The group also practiced money laundering using cryptocurrencies.

Preliminary data indicates that agents blocked up to R$26 million in crypto.

PF seizes cryptocurrencies from criminal organization

The operation was named Operation Rapax. It carried out search and seizure warrants in São Paulo, Goiás, Paraná and Mato Grosso do Sul.

In addition, the agents executed a preventive arrest warrant that resulted in the freezing of funds in the form of fiat currencies and cryptocurrencies. The PF estimates that, in total, these funds total around R$26 million.

Analysts at Bitget shared their insights on the current state of the Bitcoin market and its outlook for October.

According to the analysis, everything seems to be in place for a rally in October.

Favorable Macroeconomic Factors for Bitcoin in October 2024

Bitcoin’s outlook for October is promising, with a much better performance expected than September. Bitget Research’s chief analyst Ryan Lee predicts that BTC’s price could range between $58,000 and $72,000. He is basing this on several key factors.

Cardano (ADA) is down around 37% this year. However, in the past seven days, the altcoin has surged by 13.40%, showing promising signs that this could be the start of a long-term uptrend.

While this prediction may depend on certain factors, key indicators suggest it could come true.

Cardano issues buy signal

According to the weekly chart, ADA saw a significant surge between December 2020 and May 2021, jumping from $0.15 to $1.77 – a gain of 1,041%. This rally was largely driven by a positive signal when the 50-day Exponential Moving Average (EMA) crossed above the 100-day EMA.

LayerZero (ZRO) price has increased by 13.65% in the past 24 hours, days after the LayerZero Foundation announced the end of ZRO airdrop claims and revealed that it would reallocate unclaimed tokens to its active users.

With the shift in distribution strategy, the omnichain interoperability protocol is sparking new excitement among investors in the market. But what does this mean for the price of ZRO in the near future?

LayerZero Foundation Gives Big Investors Reasons to Buy

Bitcoin’s price has increased by 19% in the past few days, reaching $64,342. Despite this significant increase, the cryptocurrency faces resistance at $65,000.

A key group of investors known for taking profits at this point poses a threat to the continuation of the bullish momentum. Thus, Bitcoin’s valuation could reverse if selling pressure increases, leading to a decline.

Bitcoin Investors Can Take Profits

Bitcoin price is facing the threat of a correction, mainly due to the potential for selling. Signs of this can be seen in the ratio between the Market Value and Realized Value (MVRV).

Tania Consentino, president of Microsoft in Brazil, spoke about the use of Artificial Intelligence (AI) beyond innovation. The interview took place during the Microsoft AI Tour in São Paulo, this Thursday (26).

The executive stated that big tech is already using AI to create and develop projects aimed at combating poverty, mitigating global climate risk, social inclusion and, above all, ensuring diversity in all sectors of society.

AI can cause harm to society, but by knowing the risks, we can mitigate this for the market, Tania recalled.

Trading of the Hamster Kombat tap game token began on September 26. The coin was listed on several major exchanges on the same day.

After the launch, players began reporting difficulties selling their HMSTR. Here's what's happening.

Players unable to sell Hamster Kombat tokens

Players are facing a problem: the reward for many of them does not exceed a few dollars. In addition, trading platforms have restrictions on the minimum order value.

Toncoin price has been consolidating between $5.96 and $5.37, unaffected by broader market signals. While a breakout from this consolidation is possible, technical indicators suggest otherwise.

While Toncoin remains stable within this range, the potential for a correction is high. While recent price action shows small gains, a closer look at the technicals reveals a different picture.

Toncoin about to fall

Toncoin’s long-term holders (LTH) have demonstrated strong confidence by holding their assets without much movement over the past month. This is further confirmed by an increase in the Average Coin Age (MCA), a measure of how long coins have been held in the same wallet. An increase in MCA generally reflects increased confidence among holders as they choose not to sell despite market fluctuations.

The crypto market has been subdued in recent months due to a lack of bullish signals, but that is expected to change with the start of October. Historically, the tenth month of the year is the point of resurgence of investor interest in crypto assets, being referred to as “Uptober.”

BeInCrypto's analysis presents three of the biggest predictions for October that could generate considerable changes in investor behavior.

AI sector poised for explosion

Artificial Intelligence (AI) has been making waves for quite some time now, and despite a relatively neutral month, AI tokens have managed to impress their investors. In the 30-day period, the total market capitalization of these assets has grown by 23%, from $27 billion to $33 billion at the time of writing.

Ethereum (ETH) price is struggling to break above the $2,681 resistance level, a barrier that has been in place for weeks. Despite repeated attempts to break above this level, the cryptocurrency has faced severe rejections, resulting in a drop that has increased short-term losses for investors.

The latest attempt to break above resistance led to a sharp increase in investor losses, signaling the difficulty Ethereum faces in maintaining bullish momentum.

China is considering injecting one trillion yuan (about $142 billion) into its largest banks to help prop up its slowing economy. This could trigger a surge in the price of Bitcoin (BTC).

The capital increase is aimed at strengthening banks’ ability to lend and stimulate growth as the country grapples with weaker economic performance. The deliberations come shortly after the U.S. Federal Reserve implemented a 50 basis point rate cut.

A recent move by a major Solana (SOL) whale to sell its holdings on Binance has raised concerns about the sustainability of the current bullish trend. The whale’s actions are particularly significant as similar sales have resulted in double-digit price drops on previous occasions.

Will history repeat itself, or will retail traders be able to sustain the current price rally?

Whale sells Solana

Solscan data shows that a whale unstaked 100,000 SOL tokens 15 hours ago and transferred them to Binance. This comes just three days after the same investor unstaked 100,000 tokens and transferred the assets to the same exchange.

Ethena Labs has announced the launch of UStb, a new stablecoin that will be backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).

BUIDL is a tokenized fund on the Ethereum blockchain, positioning itself at the forefront of the real asset (RWA) revolution.

How UStb can solve USDe limitations

UStb aims to mirror the stability of traditional stablecoins while incorporating an innovative approach by anchoring its value to BUIDL. This fund is comprised of US dollars, short-term US Treasuries, and repurchase agreements.

Ethereum (ETH) began a recovery this Thursday (26), after operating in decline the previous day.

However, it is not yet possible to say whether the current jump is a corrective movement or a continuation of the upward trend that began last week.

Ethereum seeks recovery

ETH had been trading higher since September 18, when it returned to trading within a rising wedge pattern. However, the asset was unable to overcome the resistance of the pattern, starting a decline after forming a high at $2,700.

A report by CryptoQuant analyzes the pros and cons of Bitcoin ETF options trading, calling it a “significant milestone.” Thus, increased liquidity and institutional investors are positive signs for Bitcoin.

Trading IBIT options could also open the door to increased Bitcoin short selling, but the benefits far outweigh this risk.

Bitcoin ETF Options: An Institutional Milestone

Ever since the SEC approved options trading on BlackRock’s IBIT ETF in late September, a new possibility for a dramatic change in the market has emerged. This regulatory green light has been anticipated for several months, and the SEC even appears open to a similar arrangement for Ethereum ETFs. An exclusive report from CryptoQuant may help explain the opportunity.

Crypto airdrops, a prevalent strategy since 2017 to distribute tokens and drum up initial hype, are increasingly facing challenges. Despite the initial hype, a recent study by KeyRock Trading highlights that tokens experience a dip in performance soon after listing.

Additionally, many airdropped tokens fail to maintain interest or value in the long term.

Airdrop Token Performance Analysis

The study, which analyzed 62 airdrops across six blockchain networks over the course of 2024, paints a clear picture of how effective these campaigns are. After 90 days, 88.7% of the tokens analyzed showed a decline in price, with only a few showing resilience.

Satya Nadella, CEO of Microsoft, was in Brazil this Thursday (26) to present a significant investment of R$14.7 billion in cloud infrastructure in Brazil. The investment will be made over the next three years.

The executive made the announcement during a Microsoft event at Expo Center Norte. The ceremony was attended by Vice President Geraldo Alckmin and the President of the Central Bank, Roberto Campos Neto. The event also discussed the potential economic and social impacts of these initiatives. Microsoft's strategy will focus on four areas of investment, aiming to offer the best performance in AI for organizations, developers and users.

Hamster Kombat’s HMSTR token has witnessed a dramatic 20% drop in its price, sparking discussions among airdrop winners.

Initially trading at $0.014, the token’s price dropped to approximately $0.011 after its listing.

Hamster Kombat distribui tokens HMSTR

Built on The Open Network (TON) blockchain, Hamster Kombat is one of the most popular Tap-to-Earn games today. It rewarded 131 million qualified players with a distribution of 60 billion tokens in its first season.