The Cryptonomist

Vistra stock closed Friday, October 2 at $140.02, up 0.19% from Thursday’s $139.75. The open-to-close change was -1.43%, reflecting intraday weakness. The stock opened at $142.05, traded between a low of $134.79 and a high of $143.02, and closed at $140.02, against a previous close of $139.75. Daily EMAs remain bearishly aligned. Yet hourly and 15-minute charts show firmer momentum — a tension now at the center of Vistra stock’s technical outlook.
VST — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Vistra stock closed Friday, October 2 at $140.02, up 0.19% from Thursday’s $139.75, with an open-to-close change of -1.43%.
The daily EMA alignment is fully bearish: price sits below the EMA20 at $140.87, the EMA50 at $144.05, and the EMA200 at $154.04.
Daily RSI14 rose to 46.78 from 46.24 but remains below the neutral 50 mark. The daily MACD histogram crossed above zero to 0.01, up from -0.10.
Hourly RSI14 rose to 56.62 from 52.08, and 15-minute RSI14 rose to 60.24 from 47.40 — both above 50.
Vistra stock closed above the daily pivot at $139.28 and below daily R1 at $143.76. It also closed above the lower daily Bollinger band at $133.50 and below the upper band at $151.20.
According to a Yahoo Finance report published during Friday’s session, Vistra shares trimmed losses. The report said shares were trading down 0.3% at $139.20 after dropping to a session low of $135.79. It tied that weakness to a Bloomberg story stating the Trump administration plans to offer Vistra a roughly $4 billion loan package to upgrade three of its nuclear plants. Two of those plants are in Ohio, and one is in Pennsylvania. Separately, a Seeking Alpha item citing the same Bloomberg report was published after Friday’s close.
Vistra Stock Technical Setup: Daily Trend Still Bearish
The daily chart for Vistra stock remains in a fully bearish alignment, with price trading below all three key exponential moving averages. Price sits below the EMA20 at $140.87. The EMA20 sits below the EMA50 at $144.05, and the EMA50 sits below the EMA200 at $154.04. Daily RSI14 rose to 46.78 from 46.24, but it is still below the neutral 50 mark, which keeps momentum on the soft side.
The daily MACD histogram crossed above zero and now reads 0.01, up from -0.10 in the prior session. That said, both the MACD line at -1.44 and its signal at -1.45 remain below zero. The broader daily trend has therefore not actually turned.
Volatility is edging higher on the daily chart. ATR14 climbed to 4.94 from 4.69, confirming wider daily swings. Price trades below the daily Bollinger mid band at $142.35 and above the lower band at $133.50, putting it in the lower half of that range. For the next session, the daily pivot sits at $139.28, with first resistance (R1) at $143.76 and first support (S1) at $135.53. Friday’s close at $140.02 landed above that pivot and below R1.
Hourly and 15-Minute Momentum Complicate the Picture
Short-term momentum on the hourly and 15-minute charts is firmer than the daily picture, with RSI14 readings above 50 on both timeframes.
Hourly Chart: Neutral but Firming
On the hourly chart, the setup looks neutral rather than bearish. Price sits above the hourly EMA20 at $138.58 and the EMA50 at $138.99. However, it remains below the hourly EMA200 at $140.85. Those three averages remain in ascending order, with the EMA20 below the EMA50 below the EMA200. Hourly RSI14 rose to 56.62 from 52.08, moving above the neutral 50 line. The hourly MACD histogram also crossed above zero and now stands at 0.05, with the line at -0.09 sitting above its signal at -0.14. Hourly ATR14 edged up to 2.27 from 2.21. Price trades between the hourly Bollinger mid band at $138.42 and the upper band at $140.39. For the next session, the hourly pivot sits at $139.32, with R1 at $141.17 and S1 at $138.15.
15-Minute Chart: Bullish Short-Term Tilt
The 15-minute chart leans further toward the bullish side. Price trades above all three 15-minute EMAs. Those averages remain in ascending order — EMA20 at $138.09, EMA50 at $138.30, and EMA200 at $139.06. 15-minute RSI14 rose to 60.24 from 47.40, above 50 but still short of the overbought 70 threshold. The 15-minute MACD line stands at 0.05, above its signal at -0.20, with a histogram of 0.25 — a cleaner bullish setup than on the daily or hourly charts. The 15-minute ATR14 rose to 1.29 from 1.16, and price trades above the 15-minute upper Bollinger band at $139.31. The 15-minute pivot for the next session sits at $139.33, with R1 at $141.16 and S1 at $138.17.
Taken together, the three timeframes disagree. The daily chart keeps Vistra in a bearish structure, the hourly chart is neutral but leaning firmer, and the 15-minute chart shows the clearest short-term bullish tilt. In practice, this reads as an intraday bounce inside a daily downtrend rather than a confirmed reversal.
Bullish Scenario for Vistra Stock
For a bullish reversal to gain credibility, Vistra stock would need to reclaim the daily EMA20 at $140.87 and then clear the R1 resistance zone just above it. The next test would be resistances at $141.16 on the 15-minute chart and $141.17 on the hourly chart. Beyond those levels, the daily pivot’s R1 at $143.76 and the daily EMA50 at $144.05 mark the next hurdles. A move through that zone would need daily RSI14 to clear 50 and the daily MACD line to move back above zero. Together, those would support a shift toward a more constructive daily trend rather than a one-session bounce.
Context from recent coverage adds some texture to that case. A Yahoo Finance report published on Thursday, October 1 noted that Vistra’s price had dropped nearly 30% over the past year. The same report said one Wall Street analyst sees 115% upside from current levels and tied that gap to ERCOT price concerns that management itself had flagged. Separately, a Yahoo Finance comparison published on Wednesday, September 30 argued that Vistra has an edge over Talen, pointing to Vistra’s nuclear scale, diversified generation mix, lower debt-to-capital ratio and stronger ROE. None of this changes the daily chart’s current bearish alignment, but it frames the kind of catalyst bulls would point to if the bounce extends.
Bearish Scenario and What Would Invalidate the Bounce
The bearish case remains intact as long as Vistra stock fails to clear the levels above. A slip back below the hourly S1 at $138.15, or below the 15-minute S1 at $138.17, would suggest the recovery reported by Yahoo Finance is fading. That would reopen the path toward the daily S1 at $135.53 and, beyond it, Friday’s session low of $134.79. Below that zone, the daily chart’s bearish alignment would remain the dominant picture, with price under the EMA20, EMA50 and EMA200. The daily MACD line would also need to stay below zero for the broader trend to stay down.
The nearly 30% one-year decline cited in Thursday’s Yahoo Finance report, together with the ERCOT price concerns that report said management had raised, underscores why caution is still warranted. A single session’s bounce is not, by itself, enough to confirm a trend change. Therefore, the burden of proof still sits with the bulls until the daily chart itself starts to turn.
Where Vistra Stock Stands Now
Vistra stock closed Friday, October 2 at $140.02, above the daily pivot at $139.28 and below the daily R1 at $143.76. It also closed above the lower daily Bollinger band at $133.50 and below the upper band at $151.20. Daily ATR14 at 4.94, alongside rising hourly and 15-minute ATR14 readings of 2.27 and 1.29, points to a market where swings are widening across every timeframe examined. The daily chart still shows a bearish EMA alignment. Meanwhile, the hourly and 15-minute charts show RSI14 above 50 and positive MACD histograms. Overall, what remains uncertain is whether that short-term strength can carry price back through the daily EMA20 and EMA50. It could just as easily fade once the pivot resistances just overhead are tested.
FAQ
What level must Vistra stock reclaim for the bullish case to gain traction?
Vistra stock would first need to reclaim the daily EMA20 at $140.87. Beyond that, resistances sit at $141.16–$141.17 on the 15-minute and hourly charts, followed by the daily R1 at $143.76 and the daily EMA50 at $144.05.
What would signal the intraday bounce has failed?
A move below the hourly S1 at $138.15 or the 15-minute S1 at $138.17 would suggest the recovery is fading. That would reopen the path toward the daily S1 at $135.53 and Friday’s session low of $134.79.
What is the broader daily trend for Vistra stock?
The daily trend remains bearish. Price trades below all three key exponential moving averages — the EMA20 at $140.87, EMA50 at $144.05, and EMA200 at $154.04. Daily RSI14 at 46.78 is below the neutral 50 mark, and the daily MACD line at -1.44 remains below zero.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

MercadoLibre stock closed at $1,696.56 on Friday, October 2, 2026, gaining 0.68% from the prior session. It opened at $1,693.75, traded between a low of $1,679.02 and a high of $1,709.36, and closed at $1,696.56, against a previous close of $1,685.12. The advance sits inside a daily chart that remains bearish, with price below all major moving averages. The tension now is between that broader downtrend and the readings on the hourly and 15-minute charts.
MELI — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
MercadoLibre stock closed Friday at $1,696.56, below the daily EMA20 ($1,791.61), EMA50 ($1,823.98), and EMA200 ($1,867.41) in a fully stacked bearish configuration.
Daily RSI14 is 33.49, approaching the 30 oversold threshold; daily MACD histogram is -14.99, with the MACD line at -50.37 below its signal at -35.38.
Hourly RSI14 is 45.85, below the neutral 50; hourly MACD histogram is 1.61, with the MACD line above its signal.
15-minute RSI14 is 57.22, above 50; price closed above the 15m Bollinger upper band at $1,694.46.
Daily pivot stands at $1,694.98, with R1 at $1,710.94 and S1 at $1,680.60.
MercadoLibre Stock: Daily Bias Stays Bearish
MercadoLibre stock trades below all three major daily moving averages in a fully stacked bearish configuration: price under the EMA20, EMA20 under the EMA50, and EMA50 under the EMA200.
Daily Trend Structure
On the daily timeframe, price sits below all three major moving averages. The EMA20 stands at $1,791.61, the EMA50 at $1,823.98, and the EMA200 at $1,867.41. The daily EMA20 itself slipped to $1,791.61 from $1,801.62, confirming that the short-term average is still drifting lower.
Daily Momentum and Volatility
Daily RSI14 rose to 33.49 from 31.35, approaching the 30 oversold threshold. The daily MACD line, at -50.37, remains well below its signal line at -35.38. The histogram is negative at -14.99. However, that histogram did rise from -16.64, though the line-signal relationship stays clearly negative.
Daily ATR14 eased to $55.27 from $57.19, pointing to a modest reduction in daily volatility. The daily Bollinger mid-band is $1,813.33, with the upper band at $1,975.71 and the lower band at $1,650.95. Price sits much closer to the lower band, consistent with the broader downward tilt. For the next session, the daily pivot stands at $1,694.98, with first resistance (R1) at $1,710.94 and first support (S1) at $1,680.60.
Hourly Picture Confirms Structure, Complicates Momentum
The hourly chart mirrors the daily bearish alignment. The H1 EMA20 is at $1,699.69, the EMA50 at $1,726.90, and the EMA200 at $1,812.41. Price sits below all three in the same stacked bearish order seen on the daily chart. In contrast, hourly momentum indicators look less convincingly bearish.
H1 RSI14 climbed to 45.85 from 45.06, still below the neutral 50 line but edging toward it. The H1 MACD line is at -10.89, now above its signal line at -12.50. The histogram rose to 1.61 from 0.90. Notably, the hourly trend structure remains bearish, yet hourly momentum is showing a tentative upward tilt.
Hourly ATR14 eased to $15.44 from $16.06, suggesting volatility compression at this timeframe too. The H1 Bollinger mid-band sits at $1,702.01, with the upper band at $1,742.54 and the lower band at $1,661.48. Price is below the mid-band but notably closer to it than to the lower band. For the next session, the hourly pivot is $1,694.64, with R1 at $1,699.10 and S1 at $1,691.77.
15-Minute Chart Shows Near-Term Buying Pressure
On the 15-minute chart, short-term buying pressure is visible, with price closing above the upper Bollinger band at $1,694.46. The 15m EMA20 is $1,689.40 and the EMA50 is $1,693.64, both below the current price level. The EMA200 at $1,731.34 remains above, creating a mixed arrangement rather than a clean trend.
15m RSI14 rose to 57.22 from 53.39, above the neutral 50 mark. The 15m MACD line, at 0.02, is above its signal at -1.32, with the histogram positive at 1.33, up from 1.01. Meanwhile, 15m ATR14 is flat at $6.35. For the next session, the 15-minute pivot is $1,694.43, with R1 at $1,698.69 and S1 at $1,691.98. Altogether, the 15-minute chart points to active short-term upward pressure layered on top of a daily downtrend that has not yet been broken.
Bullish Scenario for MercadoLibre Stock
A bullish reversal for MercadoLibre stock would require clearing the daily pivot resistance at $1,710.94 on a closing basis. Beyond that, the more meaningful technical test is the daily EMA20 at $1,791.61. Reclaiming it would begin to dismantle the current bearish stacking on the daily chart.
Supporting evidence would include the daily RSI14 pushing back above 50 and the daily MACD histogram turning positive. Both remain on the negative side today. On the hourly timeframe, holding above the H1 pivot at $1,694.64 and then clearing the H1 EMA50 at $1,726.90 would reinforce that shift. The 15-minute chart’s push above its upper Bollinger band, with RSI14 above 50 and a positive MACD histogram, would need to persist. Only then could the short-term strength feed into the higher timeframes.
Bearish Scenario for MercadoLibre Stock
The bearish case retains control as long as MercadoLibre stock stays below the daily EMA20 at $1,791.61, the EMA50, and the EMA200. The hourly S1 at $1,691.77 and the 15-minute S1 at $1,691.98 sit just under current levels and would give way first if short-term buying interest fades.
A break below the daily pivot support at $1,680.60 would be a further concrete sign that the Friday advance has been absorbed. Further downside would bring the daily Bollinger lower band at $1,650.95 into view. A daily RSI14 drop back toward or below 30, combined with the MACD histogram turning more negative, would confirm the broader downtrend is reasserting itself.
News Flow Around MercadoLibre Stock
Five news items surrounded MercadoLibre stock in the days leading into and following Friday’s session. A Yahoo Finance recap of Thursday’s session, published October 1, noted that MercadoLibre shares fell 2.51% that day even as the broader market advanced. Separately, a Bloomberg report published Wednesday, September 30, said Brazil’s health regulator is reviewing MercadoLibre’s plan to build an online marketplace for pharmacies.
On a more constructive note, a Yahoo Finance report published Tuesday, September 29, said MercadoLibre’s credit portfolio surged 75% to $16.4 billion in the second quarter of 2026. The report tied the growth to stronger card issuance and deeper engagement with Mercado Pago.
Two further pieces appeared after Friday’s close, both published on Sunday, October 4. One Yahoo Finance report compared MercadoLibre against Uber Technologies as a 2026 buy candidate, describing MercadoLibre as the steadier grower generating substantial free cash flow at a more modest valuation premium. The other was a first-person contributor piece on Yahoo Finance, in which the author argued they would still buy MercadoLibre stock at its roughly $1,700 share price. Since both items were published after the Friday session, they should be read as weekend commentary rather than as drivers of that session’s price action.
Where MercadoLibre Stock Stands Now
MercadoLibre stock closed Friday at $1,696.56, above the daily pivot at $1,694.98 but well below every major daily moving average, from the EMA20 at $1,791.61 to the EMA200 at $1,867.41. The daily ATR14 is $55.27. Meanwhile, the 15-minute chart’s push above its upper Bollinger band shows short-term buying interest is present, even if not yet confirmed on higher timeframes.
The question now is whether hourly momentum — RSI14 near 45.85 and a positive MACD histogram — can translate into a daily-level shift. If not, the broader bearish alignment across the EMA20, EMA50, and EMA200 may simply absorb this advance. Until the daily pivot resistance at $1,710.94 and, further out, the daily EMA20 are reclaimed, the path of least resistance on the daily chart remains tilted to the downside.
FAQ
What is the daily trend structure for MercadoLibre stock?
MercadoLibre stock trades below all three major daily moving averages — the EMA20 at $1,791.61, the EMA50 at $1,823.98, and the EMA200 at $1,867.41 — in a fully stacked bearish configuration. Daily RSI14 is 33.49, approaching the 30 oversold threshold.
What do the hourly momentum indicators show?
The hourly chart mirrors the daily bearish trend structure, with price below all three H1 EMAs. However, hourly momentum is mixed: H1 RSI14 is 45.85, below the neutral 50, but the H1 MACD histogram is 1.61, with the MACD line now above its signal line.
What pivot levels should traders watch for the next session?
The daily pivot is $1,694.98, with first resistance at $1,710.94 and first support at $1,680.60. On the hourly chart, the pivot is $1,694.64, with R1 at $1,699.10 and S1 at $1,691.77. The 15-minute pivot is $1,694.43, with R1 at $1,698.69 and S1 at $1,691.98.
What recent news items surrounded MercadoLibre stock?
A Yahoo Finance report published Thursday noted MercadoLibre shares fell 2.51% that day. Bloomberg reported Wednesday that Brazil’s health regulator is reviewing the company’s online pharmacy marketplace plan. Yahoo Finance also reported Tuesday that the credit portfolio surged 75% to $16.4 billion in Q2 2026. Two additional Yahoo Finance items were published after Friday’s close on Sunday, October 4.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Hyperliquid has started drawing on a new revenue stream to support HYPE token buybacks after receiving its first USDC reserve funding payment of $14.58 million under the AQAv2 framework.
Key takeaways
Hyperliquid collected an initial $14.58 million USDC payment tied to the AQAv2 framework.
The payment covers a 30-day period and opens a funding channel beyond trading fees.
About 90% of cost-adjusted reserve yield on USDC supply flows to the protocol.
That yield is routed through the Assistance Fund, which buys HYPE tokens.
First payment routed through the Assistance Fund
According to a post published on X by WuBlockchain, the transfer marks the first time Hyperliquid has tapped USDC reserve funding as a dedicated source for HYPE buybacks, instead of relying only on trading fee revenue. The AQAv2 framework directs about 90% of the cost-adjusted yield earned from USDC reserve supply back to the protocol.
That shared yield is then routed to the Assistance Fund, the mechanism responsible for purchasing HYPE on the open market. The initial payment, confirmed at $14.58 million, covered a 30-day period, per the same post.
Crypto Briefing, which also reported on the payment, said the AQAv2 protocol was activated in August 2026 and is designed to direct eligible USDC reserve yield into buybacks on a recurring basis.
The arrangement ties HYPE buybacks to USDC reserves held within Hyperliquid’s ecosystem, giving the protocol a funding stream separate from its trading fee income.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

According to The Block, OKXICE—the joint venture formed by OKX and Intercontinental Exchange, the parent company of NYSE—has informed the U.S. Securities and Exchange Commission of its intention to launch a trading venue for tokenized securities under the agency’s innovation exemption.
What OKXICE Told the SEC
In a notice dated Sunday and reported by The Block, OKX said the new venue is designed for permissioned, on-chain trading of U.S. tokenized stocks on the X Layer. The filing covers more than 60 U.S.-listed companies, and issuers named in the notice will have 30 days to opt out.
As The Block reported, this step comes after the SEC granted a five-year exemption last month permitting certain venues to trade tokenized versions of U.S.-listed stocks without having to register as exchanges. The list of firms OKXICE intends to add for tokenized stock trading includes Nvidia, Apple, Microsoft, Amazon, Tesla, JPMorgan Chase, Walmart, Netflix, Coca-Cola, Goldman Sachs, Boeing, Cisco, IBM, Coinbase, Robinhood, Palantir, AMD, Circle, Reddit and SpaceX.
Andrew Cuomo, OKXICE’s cochair and a former New York governor, said in a statement shared with The Block that the venture marks “a landmark step toward a truly global, 24/7 Wall Street — and toward keeping the future of digital finance anchored here in the United States.” He added, “The digital asset revolution is already transforming our financial system. Tokenized securities are part of what comes next. And we’re just getting started.”
Star Xu, founder and CEO of OKX, said tokenization could make public markets “more open, seamless and always available,” adding that “the future of markets is real ownership, onchain,” and that “full shareholder rights are what make that possible,” per the same report.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Ether’s price jumped 70% in the third quarter of 2026, easily beating Bitcoin’s 42% gain over the same stretch. That should have been the whole story. Instead, the bigger surprise was what happened underneath the price chart: Ether’s market got thinner, not deeper, even as the token rallied harder than its larger rival.
Key takeaways
Ether gained 70% in Q3 2026, outpacing Bitcoin’s 42% rise.
Ether’s market depth fell to 35%-45% of Bitcoin’s level, down from at least 60% a year earlier.
SOL’s depth within 2% of price dropped from about $28 million to roughly $20 million year over year.
XRP held steady near $30 million in total depth, with order books tilted toward buyers.
The figures come from a report by CoinGecko, cited by CoinDesk, which tracked order-book depth across major tokens between July 6 and September 30. The data points to a broader Ether liquidity drop relative to Bitcoin, one that market watchers might not expect during a period when Ether was the better-performing asset.
Ether Outperformed Bitcoin in Q3 2026 Price Rally
Ether’s third-quarter run was decisive. The token climbed 70% between July and the end of September, compared with Bitcoin’s 42% advance over the same period, according to CoinGecko’s report. On price alone, Ether had the stronger quarter by a wide margin.
That performance gap usually invites a simple assumption: more buyers chasing a rally should mean more orders stacked on exchanges, and therefore deeper, more liquid markets. The data tells a different story for Ether.
Ether’s Liquidity Thinned Despite Price Gains
Ether’s order books got noticeably shallower even as its price outran Bitcoin’s. Between July 6 and September 30, Ether’s median daily market depth sat at just 35% to 45% of Bitcoin’s, down from at least 60% during the same window a year earlier, CoinGecko found. The firm described the shift as “a stark drop from last year’s figures.”
Market depth refers to the combined dollar amount of buy and sell orders placed on exchanges that fall within a specific range from the current trading price. It’s a direct read on liquidity: the deeper the book, the more money it takes to move the price, and the less a single large trade will distort it. In a thin market, the opposite happens — an order chews through the available bids or asks quickly and pushes the price further than it would in a deeper one.
Specifically for Ether, CoinGecko found depth ranging from $13 million to $14 million within 0.15% of its market price, representing approximately how much capital is positioned close enough to the price that fully executing it would move the token by that percentage. That range matters most for everyday trades and for larger orders traders want filled without moving the market. CoinGecko said ETH “remains fairly liquid at this range, with most exchanges maintaining over $1 million in depth on each side.”
Still, the numbers cut against a common market assumption: that rising prices pull in more traders, and more traders translate into deeper order books. That didn’t happen with Ether.
Liquidity Trends in Other Major Cryptocurrencies
Ether wasn’t alone in seeing its order books thin out. SOL and XRP showed contrasting liquidity patterns over the same period — one shrinking, one holding firm but skewed.
SOL’s Liquidity Decline and Trading Volume
The contraction in SOL’s liquidity was tracked across a broader price range compared to Ether. CoinGecko examined depth within 2% of the market price, finding it declined from roughly $28 million on each side of the order book last year to approximately $20 million this year. The firm said “the overall liquidity for SOL has shrunk considerably since 2025.”
That 2% band captures how much buying or selling pressure a market can absorb before a sharper move — the kind typically seen in a rally or a sell-off. CoinGecko noted that even with its thinner order book, SOL still sees 25% higher average daily trading volume than XRP, despite XRP’s market cap being roughly 40% bigger than SOL’s.
XRP’s Stable Depth and Buyer-Skewed Order Books
XRP presented a more consistent pattern. According to CoinGecko, its overall depth remained steady at approximately $30 million throughout the study. The order books showed a buyer tilt, with bids totaling close to $18 million compared to $14 million in asks.
Despite having a larger market cap, XRP didn’t show deeper order books than SOL within the 2% range — CoinGecko attributed this discrepancy to SOL’s greater daily trading volume.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

More than a billion dollars in freshly released tokens is about to hit the crypto market. Early October 2026 will see crypto token unlocks worth $1.11 billion across several major projects, with Hyperliquid, Ethena, and Aptos leading the schedule, according to BeInCrypto.
Key takeaways
Roughly $1.11 billion in tokens unlocks across crypto projects in early October 2026.
Hyperliquid frees 3.75 million HYPE ($340 million) on October 6 for a single institutional buyer.
Ethena releases 171.88 million ENA ($41.52 million) on October 5 to contributors and investors.
Aptos unlocks 11.31 million APT ($9.06 million) on October 11 across four allocation groups.
Aerodrome Finance, Movement, and Babylon also add new supply the same week.
Significant crypto token unlocks scheduled for early October 2026
Spanning multiple blockchains, a total of $1.11 billion worth of tokens will be released within the narrow timeframe of October 5 through October 11, and such unlocks have the potential to inject volatility into markets and sway prices over the short term.
Hyperliquid’s HYPE token unlock on October 6
Hyperliquid will release 3.75 million HYPE tokens worth $340 million on October 6. Hyperliquid is a decentralized perpetual futures exchange running on its own Layer-1 blockchain, built for low-latency trading with on-chain order books and sub-second finality. The platform’s released supply currently stands at 474.83 million HYPE out of a 1 billion total. Notably, the team previously announced that the entire unlocked batch is going to one institutional buyer.
Ethena’s ENA token release on October 5
Ethena unlocks 171.88 million ENA tokens, valued at $41.52 million, on October 5 — about 1.88% of its released supply. Ethena is a synthetic dollar protocol on Ethereum best known for its USDe stablecoin, with ENA serving as the governance token. Of the unlocked batch, 93.75 million ENA goes to core contributors and 78.13 million ENA goes to investors, out of a released supply of 9.15 billion against a 15 billion total.
Aptos unlocks APT tokens on October 11
Aptos will release 11.31 million APT tokens worth $9.06 million on October 11, representing 0.64% of its released supply. Aptos is a Layer-1 blockchain built for scalable, secure dApps and Web3 applications, using the Move programming language for smart contract execution. The allocation splits across four groups: 3.96 million APT to core contributors, 3.21 million to the community, 2.81 million to investors, and 1.33 million to the Aptos foundation. Released supply sits at 1.76 billion APT, against a total supply of 2.55 billion APT projected through 2035.
Other projects adding supply this week
In addition to these three major unlocks, Aerodrome Finance (AERO), Movement (MOVE), and Babylon (BABY) are also set to release fresh token supply into circulation that same week, contributing further to the larger set of crypto token unlocks being monitored for early October.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

PTC stock closed at $144.03 on Friday, October 2, 2026, down 1.67% from the prior session’s $146.47. The stock opened at $148.03, traded between a low of $143.51 and a high of $148.03, leaving the chart in a mixed technical state.
PTC — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
PTC closed at $144.03 on Friday, October 2, 2026, down 1.67% from the prior session’s $146.47.
Daily price sits above the EMA20 at $140.11 and EMA50 at $139.51, but below the EMA200 at $146.73.
Daily RSI14 is 55.17, above the neutral 50 line; daily MACD histogram stands at 1.08, above its signal.
Hourly MACD histogram is -0.35 and sits below its signal, while daily MACD histogram is 1.08 and sits above its signal.
Bloomberg reported after Friday’s close that Schneider Electric is acquiring PTC for an implied enterprise value of $23.7 billion.
PTC Stock Daily Technical Structure
The core tension in PTC stock‘s chart is straightforward. On the daily timeframe, PTC trades above its 20-session EMA at $140.11 and its 50-session EMA at $139.51. However, it remains below the 200-session EMA at $146.73. That is not a clean bullish stack, and it is not a clean bearish one either. Price is caught between a shorter-term uptrend and a longer-term average that has yet to be reclaimed. Meanwhile, daily RSI14 slipped to 55.17 from 58.74, still comfortably above the neutral 50 line.
The daily MACD offers a more constructive read. The histogram climbed to 1.08 from 0.97. The line at 0.07 sits above its signal at -1.01. This configuration favors buyers, even as the broader trend question stays open.
The daily Bollinger Bands show price at $144.03 sitting closer to the upper band at $146.06 than to the mid-band at $136.64. This keeps the stock in the upper half of its recent range rather than near its floor. Daily ATR14 reads 5.03, essentially unchanged from the prior session. Volatility itself has not shifted much even though direction has. For the next session, the daily pivot sits at $145.19, with first resistance at $146.87 and first support at $142.35. Friday’s close landed below that pivot, inside the zone toward support.
Hourly and 15-Minute Readings
Hourly Technical Context
On the hourly timeframe, the picture complicates the daily bias rather than confirming it outright. Price sits above the hourly EMA20 at $143.56, the EMA50 at $141.18 and the EMA200 at $141.89. However, the EMA50 remains below the EMA200 rather than above it, so the averages are not fully aligned. Hourly RSI14 rose to 55.54 from 54.75, still above 50 and broadly in step with the daily reading.
The hourly MACD histogram slipped further to -0.35 from -0.30, with the line at 1.34 sitting below its signal at 1.68. That divergence between a firming hourly RSI and an hourly MACD histogram that moved to -0.35 from -0.30 is the clearest conflict in this setup. It argues against treating the daily bullish tilt as settled. Hourly ATR14 eased to 1.47 from 1.53, pointing to slightly calmer intraday swings. The hourly pivot for the next session stands at $143.89, with resistance at $144.28 and support at $143.68. Price last traded between that pivot and resistance.
15-Minute Execution Context
At the 15-minute level, RSI14 climbed to 44.39 from 38.47, still below the neutral 50 mark but moving away from oversold territory. The 15-minute MACD histogram improved to -0.03 from -0.05, with the line at -0.33 still below its signal at -0.30. Price sits below the 15-minute EMA20 at $144.40 and EMA50 at $144.24, yet above the EMA200 at $140.77. On the Bollinger Bands, price at $144.03 sits closer to the mid-band at $144.33 than to the lower band at $143.59. The 15-minute pivot mirrors the hourly levels, with the pivot at $143.89, resistance at $144.28 and support at $143.68, framing a tight range for whenever trading resumes.
Bullish and Bearish Scenarios for PTC Stock
A bullish case for PTC stock would need price to clear the daily pivot at $145.19 and then the first resistance at $146.87, effectively reclaiming the 200-session EMA at $146.73 in the process. Confirmation would come from the hourly MACD histogram turning positive, crossing above its signal rather than extending its current negative reading, while daily RSI14 holds above 50. If the 15-minute RSI14 can push back above 50 alongside that move, it would support the idea that the pullback from Friday’s $148.03 high is finding a floor rather than extending.
In contrast, the bearish case centers on a break below the first support at $142.35, which would also mean slipping under Friday’s intraday low of $143.51. A daily close back below the EMA20 at $140.11 and EMA50 at $139.51 would undercut the shorter-term support that has held so far. Invalidation for the bullish view would include daily RSI14 falling back under 50 and the hourly MACD histogram extending its slide deeper below its signal line. This would align the hourly and daily pictures in a weaker direction instead of leaving them in conflict.
Deal Reports Published After Friday’s Close
Separately, Bloomberg reported after Friday’s close that Schneider Electric SE said it is acquiring PTC for an implied enterprise value of $23.7 billion. In a related report, Bloomberg described the transaction as valued at about $22.6 billion, under which Schneider Electric agreed to buy PTC to expand its industrial software and AI offerings. Those pieces followed earlier weekend coverage. Bloomberg reported, citing a source familiar with the matter, that Schneider Electric was nearing a deal to acquire PTC for more than $20 billion, a report echoed by Investing.com. All four reports were published on Sunday and Monday, after the Friday session examined above, and are not reflected in the technical picture built from that closing candle.
PTC Stock: Key Levels and Outlook
Overall, PTC stock enters the next session sitting below its daily pivot at $145.19 and below the 200-session EMA at $146.73. Yet it remains above its shorter daily EMAs, with a daily MACD histogram that favors buyers. The hourly chart complicates that picture, with RSI firming while the MACD histogram sits at -0.35, down from -0.30. Meanwhile, the 15-minute chart shows price caught between a pivot at $143.89 and resistance at $144.28. Daily ATR14 near 5.03 suggests the range itself has not expanded sharply despite Friday’s drop. Where the stock goes from here against the $142.35 support and the $146.87 resistance remains the open question the charts alone cannot answer.
FAQ
What are the key support and resistance levels for PTC stock?
For the next session, the daily pivot sits at $145.19, with first resistance at $146.87 and first support at $142.35. The 200-session EMA at $146.73 also serves as a key resistance level. On the downside, the EMA20 at $140.11 and EMA50 at $139.51 provide additional support.
What does the divergence between the daily and hourly MACD readings indicate?
The daily MACD histogram is 1.08 and sits above its signal, favoring buyers. However, the hourly MACD histogram is -0.35 and sits below its signal. This conflict means the shorter-term momentum does not confirm the daily bullish tilt, adding uncertainty to the near-term outlook.
What did Bloomberg report about Schneider Electric and PTC?
Bloomberg reported after Friday’s close that Schneider Electric SE said it is acquiring PTC for an implied enterprise value of $23.7 billion. In a related report, Bloomberg described the transaction as valued at about $22.6 billion, aimed at expanding Schneider Electric’s industrial software and AI offerings. Earlier, Bloomberg reported, citing a source, that Schneider Electric was nearing a deal to acquire PTC for more than $20 billion, a report echoed by Investing.com. All four reports were published on Sunday and Monday, after the Friday session examined above.
Is PTC stock trading above or below its key moving averages?
PTC stock closed at $144.03, above its 20-session EMA at $140.11 and 50-session EMA at $139.51, but below the 200-session EMA at $146.73. This places the stock between shorter-term support and a longer-term resistance level that has not yet been reclaimed.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Taiwan Semiconductor Manufacturing stock closed Friday, October 2, 2026, at $472.78, up 2.96%, landing above its daily upper Bollinger Band at $471.81. The session opened at $465.64, traded between a low of $464.10 and a high of $474.79, and closed at $472.78, against a previous close of $459.20. The daily uptrend remains structurally intact, yet the close above the upper band leaves price extended relative to its recent range.
TSM — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Taiwan Semiconductor Manufacturing stock closed Friday at $472.78, up 2.96% from the prior close of $459.20.
Daily RSI14 is 71.49, above the overbought threshold of 70.
The daily MACD histogram is 2.83, up from 2.23, with the MACD line at 10.93 above its signal at 8.10.
Hourly RSI14 is 73.08, down from 74.12, with the hourly MACD histogram at 1.12, down from 1.22.
The 15-minute MACD histogram is -0.32, the only negative reading across the three timeframes analyzed.
Daily Trend: A Stacked Bullish TSM Structure at an Extreme
On the daily chart, price sits above its 20-session EMA at $444.25. That EMA in turn sits above the 50-session EMA at $431.92 and the 200-session EMA at $386.02. This is a fully stacked bullish order, leaving little ambiguity about the primary trend. Daily RSI14 climbed to 71.49 from 65.84, moving into overbought territory above the 70 threshold.
Meanwhile, the daily MACD line stands at 10.93, above its signal at 8.10. The histogram rose to 2.83 from 2.23, confirming the line’s position above the signal. Notably, Friday’s close at $472.78 sits above the upper Bollinger Band at $471.81. The mid-band rests at $441.12 and the lower band at $410.43. However, it does mark price as stretched relative to its own recent range. Daily ATR14 reads 10.61, up from 10.23, pointing to wider day-to-day ranges.
For the next session, the daily pivot sits at $470.56. First resistance (R1) stands at $477.01 and first support (S1) at $466.32. Price closed above the pivot, leaving R1 as the level bulls would need to clear. S1 marks the first line of defense on any retracement.
Hourly Picture: Confirmation, With RSI14 at 73.08
The hourly chart broadly confirms the daily bias. Price sits above its 20-hour EMA at $464.35. That EMA sits above the 50-hour EMA at $456.94 and the 200-hour EMA at $438.57 — another fully stacked bullish configuration. However, the internals are softer than the daily snapshot suggests.
Hourly RSI14 is 73.08, still overbought. At the same time, the hourly MACD line is 4.84, above its signal at 3.73. The histogram eased to 1.12 from 1.22 — still positive, but smaller than one candle earlier.
On the Bollinger setup, price sits below the hourly upper band at $476.03. It holds above the mid-band at $462.66, with the lower band at $449.30. This is a more neutral position than the daily chart’s extension beyond its own upper band. Hourly ATR14 fell to 3.33 from 3.44. For the next session, the hourly pivot sits at $473.54, with first resistance at $474.16 and first support at $472.28. The close sits between that pivot and first support.
15-Minute Execution: A Shallow Pullback Inside the TSM Range
On the 15-minute chart, price sits above its 20-period EMA at $471.04. It also holds above the 50-period EMA at $466.66 and the 200-period EMA at $455.93. This is a third consecutive stacked bullish configuration across timeframes. In contrast to the daily and hourly RSI readings, 15-minute RSI14 slipped to 65.19 from 70.48, moving back below the overbought threshold while still holding above the neutral 50 line.
The 15-minute MACD line is 2.10, below its signal at 2.43. The histogram reads -0.32, confirming the line sits below its signal on this shortest timeframe. Price sits above the 15-minute mid-band at $472.10 and below the upper band at $474.41, with the lower band at $469.78. For the next session, the 15-minute pivot sits at $473.48. First resistance stands at $474.04 and first support at $472.34. The close sits between that support and the pivot.
What the News Flow Adds
During Friday’s session, Yahoo Finance reported that TSM stock jumped 3.1% as the company’s High-NA road map targets 2030. The report noted that current masks support initial production while larger formats promise another productivity step three years later. Separately, during Friday’s session, a Seeking Alpha contributor argued that the ADR’s operational leverage is largely maximized. However, the contributor said its supply chain position underpins confidence, calling Taiwan Semiconductor Manufacturing stock a strong buy.
Before Friday’s open, a Yahoo Finance report noted the company was back in focus. Reports had emerged that it is weighing a multibillion-dollar chip campus in Texas, separate from its existing Arizona commitment. Meanwhile, a Seeking Alpha contributor, writing after Friday’s close on Sunday, October 4, said they were “loading up” ahead of the Q3 earnings print. The contributor cited expectations for strong earnings, bullish AI demand, and capex commentary — a forward-looking view tied to an earnings event that had not yet occurred at the time of Friday’s close.
Bullish Scenario
The bullish case rests on the daily chart’s stacked EMA order holding. Price must continue to respect its position above the daily pivot at $470.56. On the hourly timeframe, reclaiming the pivot at $473.54 and then clearing first resistance at $474.16 would align the shorter-term structure with the daily trend, supporting continuation. A push through daily first resistance (R1) at $477.01 would then be the clearest signal that buyers are absorbing the overbought daily RSI14 reading of 71.49.
Bearish Scenario
On the hourly chart, a break below first support at $472.28 would be an earlier warning sign. Price is already sitting between that level and the hourly pivot. The bearish case needs price to break below daily first support (S1) at $466.32. That move would also pull price back inside the daily upper Bollinger Band at $471.81, undercutting the extended reading that currently defines the setup. A deeper reversal challenging the daily 20-session EMA at $444.25 would invalidate the near-term bullish structure altogether. However, that level sits well below current trade.
Closing Take
Overall, Taiwan Semiconductor Manufacturing stock closed Friday at $472.78, above its daily pivot of $470.56. The close also landed above the daily upper Bollinger Band at $471.81. Daily RSI14 at 71.49 confirms an overbought condition. The hourly and 15-minute charts both maintain stacked bullish EMA orders. However, hourly and 15-minute RSI14 readings have eased from more extreme levels, and the 15-minute MACD histogram sits negative at -0.32. Daily ATR14 at 10.61, up from 10.23, points to wider ranges ahead. What remains uncertain is whether daily first resistance at $477.01 gets cleared on the next push. Alternatively, the stretched Bollinger positioning may first resolve with a pullback toward daily first support at $466.32. An upcoming Q3 earnings print, previewed but not yet delivered, may ultimately help answer that question.
FAQ
What is the daily trend structure for Taiwan Semiconductor Manufacturing stock?
Taiwan Semiconductor Manufacturing stock trades in a fully stacked bullish EMA order on the daily chart. Price at $472.78 sits above the 20-session EMA at $444.25, which sits above the 50-session EMA at $431.92, which in turn sits above the 200-session EMA at $386.02. Daily RSI14 is 71.49, above the overbought threshold of 70.
Where does TSM stock sit relative to its Bollinger Bands?
Friday’s close at $472.78 sits above the daily upper Bollinger Band at $471.81, an extended reading. The daily mid-band is at $441.12 and the lower band at $410.43. On the hourly chart, price holds below the upper band at $476.03 and above the mid-band at $462.66 — a more neutral position than the daily timeframe.
What are the key levels to watch for TSM stock?
For the next session, the daily pivot sits at $470.56, with first resistance (R1) at $477.01 and first support (S1) at $466.32. On the hourly chart, the pivot is $473.54, with first resistance at $474.16 and first support at $472.28. Price closed between the hourly pivot and its first support.
Is Taiwan Semiconductor Manufacturing stock overbought?
Daily RSI14 is 71.49, above the 70 overbought threshold. Hourly RSI14 is 73.08, also overbought but down from 74.12 in the prior candle. On the 15-minute chart, RSI14 is 65.19, below the overbought threshold and above the neutral 50 line — the only timeframe not currently in overbought territory.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Cerebras Systems stock closed at $166.43 on Friday, October 2, 2026, down 1.82%, slipping below its daily lower Bollinger Band at $168.69. The session opened at $172.39, traded between a low of $165.22 and a high of $175.13, and closed at $166.43, against a previous close of $169.52. Price sits beneath the 20-session EMA at $191.67 and the 50-session EMA at $200.17, while hourly RSI14 at 26.39 signals oversold conditions.
CBRS — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Cerebras Systems stock closed Friday at $166.43, below its daily lower Bollinger Band at $168.69 and beneath both the 20-session EMA at $191.67 and 50-session EMA at $200.17.
The daily RSI14 is 35.79 (from 36.89) and the daily MACD histogram is -3.08 (from -2.06), below zero and below its signal line.
The hourly RSI14 is 26.39, in oversold territory below 30, while the hourly MACD histogram sits at 0.30, fractionally above its signal line.
For the next session, the daily pivot sits at $168.93 with first resistance at $172.63 and first support at $162.72.
Freedom Capital upgraded Cerebras Systems to Buy with a $209 price target, Seeking Alpha reported during Friday’s session.
Daily Chart: Cerebras Systems Stock Trend Remains Bearish
The daily 20-session EMA fell to $191.67 from $194.32, while the 50-session EMA sits at $200.17. Both sit well above Friday’s close, confirming price is trading beneath both short- and medium-term averages. The daily RSI14 slipped to 35.79 from 36.89, still above the oversold threshold of 30 but drifting lower. The daily MACD line reads -5.33, below its signal line at -2.25. The histogram fell to -3.08 from -2.06, staying negative and confirming the line sits under its signal.
Notably, Friday’s close at $166.43 slipped below the lower daily Bollinger Band at $168.69. The mid band sits at $194.11 and the upper band at $219.52, both far overhead. Meanwhile, the daily ATR14 eased to 13.88 from 14.19. This marks a modest pullback in volatility. For the next session, the daily pivot sits at $168.93, with first resistance (R1) at $172.63 and first support (S1) at $162.72.
Hourly Timeframe: An Oversold Reading Inside a Bearish Structure
On the hourly chart, price remains below its 20-hour EMA at $174.51, down from $175.36. It also sits beneath the 50-hour EMA at $185.28 and the 200-hour EMA at $197.53. That is a fully bearish alignment, with price under all three averages in descending order. However, the hourly RSI14 stands at 26.39, firmly in oversold territory. At the same time, the hourly MACD histogram rose to 0.30 from 0.18. This puts the MACD line at -7.19, fractionally above its signal line at -7.49, though both remain negative.
That combination — a bearish trend structure paired with an oversold, slightly improving momentum reading — is the central tension on this timeframe. The hourly Bollinger mid band sits at $172.88, with the upper band at $182.77 and the lower band at $162.99. Price sits closer to the lower band than to the mid line. The hourly ATR14 eased to 3.93 from 4.14. For the next session, the hourly pivot stands at $166.26, with R1 at $166.98 and S1 at $165.74.
15-Minute View: Execution Context
On the 15-minute chart, used here only for short-term timing, price remains below its 20-period EMA at $167.90, down from $168.06. It also sits beneath the 50-period EMA at $171.62 and the 200-period EMA at $187.34 — again a fully bearish stack. The 15-minute RSI14 rose to 37.74 from 34.34, still below the neutral 50 line. The MACD histogram improved to -0.02 from -0.07, with the line at -1.40 sitting just under its signal at -1.38. The Bollinger mid band is $167.80, the upper band $170.37 and the lower band $165.23, placing price nearer the lower band. The 15-minute ATR14 is 1.55. The 15-minute pivot for the next session is $166.23, with R1 at $166.91 and S1 at $165.77.
This timeframe has not produced a break of the broader bearish structure.
Bullish Scenario: What Would Change the Picture
To shift toward a bullish footing, Cerebras Systems stock would first need to reclaim the daily pivot at $168.93. Then it would need to clear the daily R1 at $172.63. A more durable recovery would require price to work back above the daily 20-session EMA at $191.67. On the hourly chart, RSI14 would need to climb back above 30 out of oversold. Meanwhile, the MACD histogram, currently 0.30, would need to hold above zero as the MACD line closes the gap with its signal line. On the news side, Seeking Alpha reported that Freedom Capital upgraded Cerebras Systems to Buy with a $209 price target. The upgrade cited a dip-driven opportunity amid OpenAI/Nvidia-related concerns. That gives bulls a reference point, though it reflects that outlet’s own report rather than a guarantee.
Bearish Scenario: What Would Invalidate the Bulls
In contrast, the bearish case stays intact as long as Cerebras Systems stock trades below the daily lower Bollinger Band at $168.69. A daily close below the S1 support at $162.72 would point to further downside pressure. On the hourly chart, a move of RSI14 back under 30 would move further from the oversold reading seen on Friday. The same holds for a move of the MACD histogram below zero. Because price sits below the 20-, 50- and 200-hour EMAs in that descending order, the broader trend favors sellers unless proven otherwise.
News Flow: An Upgrade Against a Weak Tape
Friday’s session also carried headline noise. Investing.com reported, before Friday’s open, that Freedom Capital upgraded Cerebras Systems’ stock rating to Buy on valuation grounds. A separate Investing.com report, published during the session, said Cerebras Systems shares rebounded as Freedom Capital called the prior selloff overdone. Seeking Alpha’s version of the same call added that Freedom Capital’s $209 price target reflected a dip-driven opportunity amid OpenAI/Nvidia-related concerns. Despite that upgrade, the session closed lower, down 1.82% from the previous close. It was also down 3.46% from Friday’s own open. This serves as a reminder that an analyst rating change does not always translate into same-day price direction.
Separately, a Motley Fool article published on Sunday, after Friday’s close, compared Cerebras Systems with Innodata as AI infrastructure investment options. The piece noted that one company manufactures chips while the other processes the data used to train them, with different financial profiles and risks. That report came out on a later day.
Where Cerebras Systems Stock Stands Now
Overall, Cerebras Systems stock closed Friday at $166.43, below its daily lower Bollinger Band. Price also sits beneath the 20- and 50-session EMAs and under the hourly and 15-minute EMA stacks. The daily pivot for the next session sits at $168.93, with S1 at $162.72 and R1 at $172.63 marking the near-term boundaries. Volatility, measured by the daily ATR14, is 13.88, down from 14.19. The hourly RSI14 is 26.39, in oversold territory, while the hourly MACD histogram is 0.30. However, that would need confirmation above the hourly and daily pivots to mean more than a move within the bearish daily trend.
FAQ
What is the current technical outlook for Cerebras Systems stock?
Cerebras Systems stock closed Friday at $166.43, below its daily lower Bollinger Band at $168.69. Price sits beneath the daily 20-session EMA at $191.67 and the 50-session EMA at $200.17. The daily RSI14 is 35.79 and the MACD histogram is -3.08, below zero. The hourly RSI14 is 26.39, in oversold territory below 30.
What are the key levels to watch for Cerebras Systems stock?
For the next session, the daily pivot sits at $168.93, with first resistance (R1) at $172.63 and first support (S1) at $162.72. The daily lower Bollinger Band is at $168.69. The daily 20-session EMA is at $191.67 and the 50-session EMA is at $200.17.
What did Seeking Alpha and Investing.com report about Cerebras Systems stock on Friday?
Seeking Alpha reported during Friday’s session that Freedom Capital upgraded Cerebras Systems to Buy with a $209 price target, citing a dip-driven opportunity amid OpenAI/Nvidia-related concerns. Investing.com also reported the upgrade both before Friday’s open and during the session.
Is Cerebras Systems stock in a downtrend?
Cerebras Systems stock is trading below its daily 20-session EMA at $191.67 and 50-session EMA at $200.17. On the hourly chart, price sits below the 20-hour, 50-hour, and 200-hour EMAs in descending order. The daily MACD histogram is -3.08, below zero and below its signal line.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

As of October 5, 2026, the Cardano price trades at $0.2724 on Binance, sitting just above its daily R1 pivot. ADA presses toward the upper edge of its daily Bollinger Band, with hourly RSI in the high-70s and the Fear & Greed Index at 70, in Greed territory.
ADA/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
ADA trades at $0.2724, above its daily R1 at $0.2714
Hourly RSI14 at 79.78 is overbought; daily RSI14 at 65.26 remains constructive
An hourly close above $0.274 would open a path toward $0.27648
Fear & Greed Index at 70 signals Greed, while total crypto market cap sits near $2.92 trillion
Petrobras is testing Cardano to track renewable aviation fuel and diesel
The dominant force right now is momentum carrying price higher inside a textbook bullish EMA stack on the hourly and 15-minute charts. But that momentum is showing the kind of overbought reading that usually invites a pause rather than a straight continuation.
The daily chart is still playing catch-up: its EMA order is not cleanly aligned, and its MACD histogram remains negative even though it’s narrowing toward zero. In short, the short-term trend is doing the heavy lifting while the bigger daily structure lags behind. It’s a setup where the two timeframes aren’t fully agreeing yet.
The Cardano price tug-of-war: daily consolidation versus hourly overdrive
On the daily chart, the regime reads neutral. RSI14 sits at 65.26, climbing from 58 to 57.6 to 65.3 over the last three completed sessions. It’s rising, but still short of overbought. The MACD histogram is negative at -0.000247, yet it has moved up from -0.000401 and -0.0009 across those same three readings. That means the bearish pressure underneath is fading even though it hasn’t flipped positive. That’s a daily picture of a market turning constructive without yet confirming it.
The hourly tells a sharper story. Its regime is flagged bullish. RSI14 is at 79.78, rising from 75.6 to 78.6 to 79.8. That’s a genuinely overbought reading, not just an approach toward one.
At the same time, the hourly MACD histogram, while still positive at 0.00158, has been falling from 0.00177 to 0.00167 to 0.00158, narrowing in magnitude. That’s momentum losing a bit of steam even as price keeps grinding higher. It’s exactly the kind of divergence that makes a straight-line continuation less likely on this timeframe alone.
The 15-minute chart sits in between. RSI14 at 64.22 is rising, from 63 to 61.4 to 64.2, without being stretched. Its MACD histogram, at -0.0000294, is negative but rising and narrowing — effectively hovering right at the line between negative and positive. The tension here is real. The daily chart is still building a case for strength, the hourly is already flashing an overbought warning, and the 15-minute sits on the fence. That leaves execution context genuinely mixed rather than a clean green light.
Trend structure holds bullish on the hourly and 15-minute charts, less convincing on daily averages
On the daily timeframe, price at $0.2724 sits above all three EMAs — the 20 at $0.2397, the 50 at $0.2225, and the 200 at $0.2298. But the EMA order itself is mixed, since the 50 sits below the 200. This isn’t a textbook aligned bullish stack. Price has detached upward from the averages faster than the averages have sorted themselves out.
The daily Bollinger Bands have a mid at $0.2380, an upper band at $0.27648, and a lower band at $0.19959. Price is now pressed right up against that upper band. That usually means further upside needs the band itself to expand rather than price simply riding inside it. Daily ATR14 is $0.01586, a wide enough range that single-day swings of that size shouldn’t be treated as unusual right now.
The hourly chart is cleaner: price sits above all three EMAs — 20 at $0.25903, 50 at $0.25265, 200 at $0.24952 — and the order is genuinely bullish and aligned. Its Bollinger Bands show a mid of $0.25623 and an upper band of $0.27502, with price already brushing against that ceiling. Hourly ATR14 is $0.00441, tight relative to the moves already made.
The 15-minute chart mirrors the hourly structure. EMAs at $0.2689, $0.26363 and $0.25346 are all below price, in bullish order. The Bollinger upper sits at $0.27337, with price at $0.2725 just beneath it. That leaves a little more breathing room than the hourly does.
Put together, both of the shorter timeframes are structurally bullish. However, both are also leaning on the upper edge of their own volatility bands. That’s a fragile place to build a continuation from without some consolidation first.
RSI near 79.8 on the hourly flags stretched momentum; MACD histograms tell a mixed story
Starting with RSI across the board: daily at 65.26 and rising is constructive but not extended. Hourly at 79.78 is firmly overbought — there’s little room left before buyers would need to accelerate even further just to keep pushing the reading higher. The 15-minute RSI at 64.22, also rising, sits in a comfortable middle zone. That spread matters: it’s the hourly, not the daily or the 15-minute, that’s showing the stretch. A cooldown on that specific timeframe wouldn’t necessarily contradict the bigger picture.
MACD adds another layer. On the daily, the histogram is negative at -0.000247 but has been rising and narrowing over the last three closes. That suggests the daily downside momentum is fading even without a confirmed cross above zero. On the hourly, the histogram is still positive at 0.00158 but falling and narrowing — momentum is cooling from an already-positive place, a sign of fatigue rather than reversal.
On the 15-minute, the histogram at -0.0000294 is negative but rising and narrowing, essentially sitting on the cusp of flipping positive. Taken together, the daily and 15-minute MACD readings are both inching toward the bullish side of zero while the hourly is inching away from its peak. It’s a genuine disagreement in direction of travel across timeframes, even if none of it is dramatic in size.
Daily R1 at $0.2714 coincides with the hourly pivot: key levels and the two scenarios ahead
Price at $0.2724 has already cleared the daily R1 at $0.2714, which also happens to be exactly where the hourly pivot sits. That’s a confluence worth flagging since the same value is doing double duty as a daily and an hourly reference point. With price above that level, it now functions as support rather than resistance.
Above current price, the next daily reference is the Bollinger upper band at $0.27648. On the hourly, resistance sits at the hourly R1 of $0.274 and then the hourly Bollinger upper at $0.27502. Below the $0.2714 confluence, the hourly S1 at $0.2686 and the daily pivot at $0.2568 are the next references down.
The bullish case needs an hourly close above $0.274 (hourly R1) to open a path toward the daily Bollinger upper at $0.27648. That scenario would be invalidated by an hourly close back below $0.2714, the daily R1/hourly pivot confluence, which would suggest the breakout attempt failed to hold. The bearish case flips on an hourly close below that same $0.2714 level, which would open room toward the hourly S1 at $0.2686 and, if pressure builds, the daily pivot at $0.2568. It would be invalidated by a reclaim with an hourly close back above $0.2714.
Given that hourly RSI is already near 79.8 and the hourly MACD histogram is fading even while still positive, the likeliest false signal here is a quick spike above the hourly R1 or even the daily Bollinger upper that fails to hold on an hourly close. That would be a wick driven by stretched short-term momentum rather than a sustained move.
Cardano DEX volume and the Petrobras traceability pilot
Chain-wide DEX trading volume on Cardano came in at $3,389,631 over the past 24 hours. The venue-by-venue picture is mixed rather than uniformly up or down. Minswap’s volume fell 28.18% on the day but is still up 106.45% over the past week. SundaeSwap V2 dropped 18.89% daily while gaining 84.88% weekly.
Dano Finance fell sharply, down 64.15% daily and 44.73% over seven days. WingRiders slipped 28.93% daily and 23.36% weekly. Splash Protocol moved against the grain, up 60.24% on the day and 97.81% over the week. That spread of outcomes across venues doesn’t support a single narrative about on-chain activity right now.
On the news side, Petrobras has reportedly been testing Cardano to track renewable aviation fuel and diesel. Coverage from Cointelegraph, CoinDesk and Cryptonomist all points to the same pilot around sustainable fuel traceability. Separately, Cryptonomist has reported on Charles Hoskinson’s role amid what the outlet describes as a governance shift within the Cardano ecosystem. Both stories sit in the background of the current price action as real-world-use and governance narratives, even if neither maps directly onto the intraday technical setup.
Market backdrop: Greed reading of 70 as total crypto market cap holds near $2.92 trillion
The Fear & Greed Index stands at 70, in Greed territory, according to Alternative.me. The total crypto market capitalization sits at roughly $2.92 trillion per CoinGecko, down 1.63% over the past 24 hours, while Bitcoin dominance is at 59.24%. That combination — a greedy sentiment reading against a market cap that’s actually slipped on the day — is itself a small tension worth noting alongside the overbought hourly RSI on ADA. Broad risk appetite looks elevated even as the aggregate market value has pulled back slightly.
FAQ
What is ADA trading at right now?
ADA trades at $0.2724 on Binance, above both the daily R1 and the hourly pivot, which coincide at $0.2714.
Is ADA overbought at current levels?
The hourly RSI14 is at 79.78, a genuinely overbought reading, while the daily RSI14 is at 65.26 — rising but not yet in overbought territory. The 15-minute RSI14 sits at 64.22.
What would confirm further upside for ADA?
An hourly close above the hourly R1 at $0.274 would open room toward the daily Bollinger upper band at $0.27648.
What would signal a bearish reversal?
An hourly close below $0.2714 — the confluence of the daily R1 and the hourly pivot — would open a path toward the hourly S1 at $0.2686 and the daily pivot at $0.2568.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument or cryptocurrency. The analysis provided is not indicative of future results. Investing in crypto assets and financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

A new survey from Visa shows that stablecoin consumer interest is rising fast across Asia Pacific, even though most people in the region still don’t fully understand how the digital tokens work. The Visa Consumer 360 study found that 46% of consumers in the region expect to use stablecoins within the next five years, indicating that the technology is extending far beyond its crypto-trading origins.
Key takeaways
46% of Asia Pacific consumers expect to use stablecoins within five years, versus 16% who already have in the past year.
66% recognize the term “stablecoin,” but only 6% can accurately explain how one works.
41% wrongly think stablecoins always rise in value.
38% of aware non-users avoid stablecoins over fraud or scam fears.
The study covered 14,250 people across 14 Asia Pacific markets in June and July 2026.
Rising consumer interest in stablecoins across Asia Pacific
Visa, the payments company, released the survey findings on stablecoin awareness and sentiment in Asia Pacific, drawing on responses from 14,250 consumers aged 18 to 65 across 14 markets, including Mainland China, India, Japan, Singapore, Thailand, Vietnam and Australia. Fieldwork ran between June and July 2026.
The headline number is the gap between curiosity and current behavior: 46% of respondents say they’re likely to adopt stablecoins within five years, compared with just 16% who have actually used them in the past 12 months. That gap points to a large pool of potential users who haven’t yet crossed over.
The interest isn’t limited to trading. Consumers increasingly see stablecoins as useful for everyday online purchases, travel spending and overseas shopping. Cross-border money movement stood out as a particularly strong use case, with 49% of respondents believing stablecoins could become a common way to send money across borders within five years, a result that points to potential relevance for remittances and international transfers.
Awareness is high, but real understanding lags behind
Stablecoins have become a familiar term, but familiarity isn’t the same as comprehension. Visa’s data shows 66% of Asia Pacific consumers are aware of stablecoins, yet only 6% demonstrate an accurate understanding of how they actually work.
That knowledge gap shows up in persistent misconceptions. Roughly 41% of consumers wrongly believe stablecoins always increase in value. Separately, 49% of those aware of stablecoins still think they can only be used to buy or sell other cryptocurrencies, which suggests many people haven’t yet connected the tokens to everyday payments despite growing stablecoin awareness in Asia Pacific.
Trust and regulatory preferences shape what happens next
Among those who know about stablecoins but have never used them, 38% point to fears of fraud or scams as their main reason for avoiding them, whereas 36% simply say they don’t understand the technology well enough. Those figures suggest that education and security, not just awareness campaigns, will determine how quickly adoption grows.
When asked who they’d trust to offer stablecoin services, consumers leaned toward regulated players. Government or central bank-linked entities drew the strongest preference at 27%, followed closely by banks or regulated financial institutions at 26%.
Visa’s role in turning interest into everyday use
Visa stated that it is collaborating with banks, regulated financial institutions and payment partners to integrate stablecoin functionality into the payment experiences consumers are already familiar with and trust. The company pointed to this collaboration as central to closing the gap between stated stablecoin consumer interest and actual day-to-day use.
“We’re seeing a meaningful shift in how consumers across Asia Pacific think about stablecoins,” said Nischint Sanghavi, Head of Digital Currencies, Asia Pacific at Visa. “Consumers are beginning to see how stablecoins could support the ways they already spend and move money, particularly through online purchases, travel and cross-border transfers. The opportunity now is to turn that interest into trusted and familiar payment experiences that work at scale.”
Sanghavi added that the research “confirms what we’ve been building toward,” saying consumers want stablecoins “to feel like a natural part of the payments they already trust, not a separate system,” and that Visa’s role is to connect the technology with the secure, familiar payment experiences people rely on daily.
Commissioned in 2026, the Visa Consumer 360 study carried out its fieldwork from June through July across Mainland China, Taiwan, Hong Kong, Japan, Korea, Singapore, Malaysia, Thailand, Indonesia, the Philippines, Vietnam, India, Australia and New Zealand.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

A coded letter written for one of Napoleon Bonaparte’s generals sat unread for 217 years until an AI engineer decided to test a GPT-6 codebreaking AI model against it. Carter Church, a staff AI engineer at cybersecurity company SentinelOne, fed OpenAI’s GPT-6 Astra a single scanned image of the cipher and a prompt asking it to solve the message. According to Tom’s Hardware, the model cracked the entire text in about six hours.
Key takeaways
GPT-6 Astra deciphered a 217-year-old Napoleonic cipher in roughly six hours from one scanned image.
The cipher had sat unsolved for decades on Cryptiana’s Unsolved Historical Ciphers list.
SentinelOne engineer Carter Church ran the whole decryption with a single prompt.
The recovered letter was a 1809 troop briefing sent to General Auguste de Marmont on Napoleon’s orders.
The deciphered passage fills a gap left in Napoleon’s own 1865 memoir.
Six hours, one image, one prompt
Church’s own account, cited by Tom’s Hardware, frames the result less as a cryptography trick and more as a demonstration of how far a general-purpose model can stretch. “What makes this impressive isn’t actually the codebreaking, but that Astra completed the entire multi-modal workflow in ~6 hours from a single image and goal,” Church wrote. According to Calcalist’s account, the document contained a single plain-French line atop 24 rows of numbers, letters and invented symbols, amounting to about 1,300 cipher units drawn from 155 distinct signs.
Earlier researchers had only ever matched 33 of those signs to known values, leaving most of the message untouched. Astra’s run changed that, working through transcription and cryptanalysis as one continuous process rather than two separate specialist tasks.
What the letter from Marmont’s era actually says
The decoded text turns out to be a troop briefing originating from the headquarters of Eugène de Beauharnais, Viceroy of Italy and Napoleon’s stepson, dated to March 1809 as Austria moved toward war with France. Napoleon had instructed Eugène on March 16 to send General Auguste de Marmont a coded letter carried by an “intelligent officer,” relaying the emperor’s orders and laying out troop positions across Bavaria, Poland, Saxony and Italy, along with Russian forces moving against Austria. Marmont, stationed in Dalmatia on the far side of the Adriatic from Napoleon’s main armies, would have needed his own military codebook to read it at the time; once that key disappeared, so did any hope of a straightforward decryption.
Notably, the recovered passage fills in wording missing from the surviving printed version of Napoleon’s instructions, found in his 1865 memoir, where a sentence about Marmont breaks off mid-thought at “a handful of …” The deciphered letter completes it as “a gathering of rabble.”
How Church verified the AI’s answer
Behind the scenes, the GPT-6 codebreaking AI run worked by splitting the scanned page into sections, identifying repeated symbols, then applying simulated annealing, essentially a large-scale trial-and-error search, to test letter and word assignments. Astra checked candidate French readings against period writing patterns from Alexandre Dumas, Victor Hugo and Marmont’s own texts, and it separately flagged signs standing in for whole words rather than single letters, according to Calcalist. Church then reran the analysis after stripping Napoleon- and Marmont-related material from the model’s available reference texts; the system reportedly produced the same reading, a check meant to rule out the model simply recalling information from elsewhere rather than genuinely solving the cipher.
Satoshi Tomokiyo, who maintains the Cryptiana database where the letter had been listed among unsolved historical ciphers for decades, has since marked the cipher as solved, Calcalist reported. The full solution package, along with a script that regenerates the reading, is available for download on Carter Church’s blog.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

IonQ stock closed at $43.77 on Friday, October 2, 2026, down 0.5% from the prior close. The stock opened at $45.16, traded between a low of $43.15 and a high of $45.34, and closed at $43.77, against a previous close of $43.99. The 200-session EMA sits at $43.78.
IONQ — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
IonQ stock closed at $43.77 on Friday, down 0.5%, sitting just below its 200-session EMA of $43.78.
Daily RSI14 stands at 57.38, above the neutral 50, while the daily MACD histogram remains positive at 0.5.
Price holds above the 20-session EMA at $42.01 and the 50-session EMA at $41.97.
Hourly RSI14 is at 45.67, below the neutral 50, with an hourly MACD histogram at -0.07.
For the next session, the daily pivot sits at $44.09, with first resistance at $45.02 and first support at $42.84.
Daily Structure: IonQ Stock Sits Right on the 200-Session Line
IonQ stock closed Friday at $43.77, just below its 200-session EMA of $43.78, while holding above both the 20-session and 50-session EMAs.
Price sits above the 20-session EMA at $42.01 and the 50-session EMA at $41.97, keeping the shorter-term averages in a supportive order. However, the close at $43.77 lands just below the 200-session EMA at $43.78. That puts IonQ stock on the doorstep of flipping the longer-term structure.
Meanwhile, daily RSI14 slipped to 57.38 from 58.24, still comfortably above the neutral 50 mark. The daily MACD line is at 1.07 against a signal of 0.57, keeping the histogram positive at 0.5. The histogram narrowed from 0.61, meaning the gap between the MACD line and its signal tightened slightly.
Price trades between the 20-session mid-band at $40.85 and the upper band at $46.84, closer to the mid-band than to the upper band. Daily ATR14 stands at 2.7. Friday’s close landed below the pivot, making it the first hurdle on any recovery attempt.
Hourly Momentum Pulls the Other Way
The hourly chart shows IonQ stock below its 20-hour and 50-hour EMAs with a negative MACD histogram of -0.07. That creates friction with the still-constructive daily picture.
On the one-hour chart, the 20-hour EMA at $44.23 sits above the 50-hour EMA at $43.88. The 50-hour EMA in turn sits above the 200-hour EMA at $42.26. Yet price sits below both the 20-hour and 50-hour EMAs while holding above the 200-hour EMA.
Hourly RSI14 rose to 45.67 from 44.07, staying below the neutral 50 line. The hourly MACD line is at -0.12 against a signal of -0.05, leaving the histogram at -0.07. That negative histogram marks the main point of friction with the daily timeframe.
Price sits between the hourly lower band at $43.50 and the mid-band at $44.24, closer to the lower band. Hourly ATR14 eased to 0.85 from 0.87. For the next session, the hourly pivot sits at $43.57, with first resistance at $44.00 and first support at $43.35.
15-Minute View: Execution Context
On the 15-minute chart, the 50-period EMA at $44.31 sits above the 20-period EMA at $44.13. The 20-period EMA in turn sits above the 200-period EMA at $43.65. Price closed below both the 20-period and 50-period lines while holding above the 200-period average — the same structure visible on the hourly chart.
Still, 15-minute RSI14 climbed to 42.2 from 31.86, moving up but remaining below the neutral 50 line. The 15-minute MACD line is at -0.22 against a signal of -0.11, leaving the histogram at -0.11, up from -0.13. It stays negative and below its signal, matching the negative hourly histogram heading into the next session.
Price sits between the 15-minute lower band at $43.44 and the mid-band at $44.28, closer to the lower band. 15-minute ATR14 ticked up to 0.38 from 0.37. The 15-minute pivot for the next session sits at $43.60, with first resistance at $43.97 and first support at $43.41.
What’s Around IonQ Stock Right Now
Five news items surrounded IonQ stock heading into Friday’s session, spanning quantum computing advances and Wall Street valuation debates.
A Motley Fool article, published during Friday’s session, reported that IonQ stock rose 11.6% in September. The piece tied part of that advance to the company’s introduction of a new quantum computing platform. It also noted that the platform was not the only factor behind investor interest.
Separately, a Yahoo Finance report published before Friday’s open said IonQ built a real-time quantum error correction decoder capable of running complex workloads without slowing quantum computations. The report added that new deployments at the NVIDIA Accelerated Quantum Research Center integrate IonQ’s hardware into NVIDIA’s quantum research stack.
Another Yahoo Finance report, also published before Friday’s open, said an updated valuation framework now points to a fair value of $66.63 for the stock, trimmed from $68.41. The report said the reset lines up with recent Street work balancing long-term optimism on quantum computing against nearer-term risk.
Meanwhile, a Yahoo Finance comparison piece published Thursday said IonQ shows triple-digit growth but burns cash at an alarming rate. It contrasted that with SoundHound AI, which it described as smaller but closer to profitability.
A further Yahoo Finance report, also published Thursday, said two Wall Street ratings agencies see share prices more than doubling over the next 12 months. It added that the stock sits nearly 50% below its peak, with losses widening and shareholders already diluted.
Bullish Scenario for IonQ Stock
A bullish case for IonQ stock builds if price closes back above the 200-session EMA at $43.78 and holds there. That would turn the average from resistance into support. The next test above that would be the daily pivot at $44.09, followed by the daily first resistance at $45.02.
Confirmation from faster timeframes would help. Hourly RSI14 would need to climb back above 50 from its current 45.67. The hourly MACD histogram would need to turn positive from -0.07.
Bearish Scenario and What Would Invalidate the Upside Case
The bearish case plays out if price fails to reclaim the 200-session EMA and instead slips toward the daily first support at $42.84. A daily close below the 20-session EMA at $42.01 and the 50-session EMA at $41.97 would mark a clearer break of the shorter-term structure.
On the hourly chart, a break below the first support at $43.35 would add to the short-term weakness already visible in the negative MACD histogram. Hourly RSI14, at 45.67, remains below 50.
Closing Take
IonQ stock closed Friday at $43.77, leaving a daily chart above its shorter averages against an hourly chart still showing a negative MACD histogram. The 200-session EMA at $43.78 is the first level to watch. The daily pivot at $44.09 and the daily first support at $42.84 frame the next session.
Daily ATR14 stands at 2.7, reflecting the range the stock has been moving in. Overall, the daily and hourly signals disagree, and until the hourly RSI14 and MACD histogram shift in the stock’s favor, the near-term direction stays uncertain.
FAQ
What is the key level to watch for IonQ stock?
The 200-session EMA at $43.78 is the first level to watch. A daily close above it would keep the broader structure intact. A slip below would hand more control to sellers.
Why do the daily and hourly charts disagree?
The daily chart shows IonQ stock above its shorter averages with RSI14 at 57.38 and a positive MACD histogram at 0.5. The hourly chart shows price below its 20-hour and 50-hour EMAs with RSI14 at 45.67 and a negative MACD histogram at -0.07. This split means the daily structure remains intact while short-term selling pressure complicates any immediate bounce.
What are the pivot levels for the next session?
The daily pivot sits at $44.09, with first resistance at $45.02 and first support at $42.84. Friday’s close at $43.77 landed below the daily pivot, making it the first hurdle on any recovery attempt.
What news surrounded IonQ stock on Friday?
Motley Fool, publishing during Friday’s session, reported IonQ rose 11.6% in September. Yahoo Finance reported a new quantum error correction decoder, a revised fair value estimate of $66.63 trimmed from $68.41, and noted two Wall Street agencies see shares more than doubling.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

STRK trades at $0.05372 on Binance as of October 4, 2026, off the last daily close of $0.05428. The Starknet price pushed daily RSI into overbought territory and flipped the daily MACD histogram positive, though a pullback on the smallest timeframe warns that stretched momentum rarely moves in a straight line.
STRK/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
STRK trades at $0.05372, with daily RSI at 74.6 — firmly overbought — after closing above the daily Bollinger upper band.
The hourly EMA stack is bullish, but 15-minute RSI has already cooled to 62.3 while daily and hourly readings stay elevated.
An hourly close above $0.05521 would open the path toward the daily R1 at $0.05915; a close below $0.05143 would signal a deeper pullback.
Starknet chain-wide DEX trading volume hit $25.66 million in 24 hours, with Ekubo and Nostra Pools both posting triple-digit percentage gains.
The Fear & Greed Index reads 65 (Greed), while total crypto market cap slipped 2.79% to $2.89 trillion.
Market backdrop stays shaky while Starknet chain activity accelerates
The broader market isn’t offering much of a tailwind. Total crypto market capitalization stands at $2.89 trillion, down 2.79% over the past 24 hours according to CoinGecko, while Bitcoin dominance sits at 59.08%. The Fear & Greed Index reads 65, classified as “Greed” by Alternative.me — a level consistent with traders still willing to chase upside even as aggregate market value slips.
On the Starknet chain itself, DefiLlama data puts total DEX trading volume over the past 24 hours at $25.66 million. That figure spans the whole chain’s top venues and isn’t a direct read on STRK demand specifically.
The moves, however, are notable: Ekubo’s volume is up 173.31% in a day, 378.7% over seven days and 393.55% over 30 days. Nostra Pools shows even sharper swings of 271.66% daily, 565.19% weekly and 268.37% monthly. Both venues point in the same direction, which suggests the chain is seeing heavier turnover alongside the token’s price move, even if it can’t be read as STRK-specific flow.
EMA structure is clean on the hourly chart, messier on the daily
The Starknet price sits above every EMA on all three timeframes, but the quality of that structure differs by timeframe. On the daily chart, price is above EMA20 ($0.04051), EMA50 ($0.03510) and EMA200 ($0.03934), yet the EMA order itself is mixed — EMA50 sits below EMA200 rather than above it.
That mismatch is why the system’s daily regime read comes back as neutral despite the overbought RSI and the fresh MACD cross. It usually shows up when a rally moves quickly enough that the medium-term average hasn’t caught up to the longer-term one yet, rather than building through a slow grind.
The hourly chart tells a cleaner story: price above EMA20 ($0.05143), EMA50 ($0.04797) and EMA200 ($0.04398), with the averages themselves stacked in textbook bullish order. The 15-minute frame complicates things only at the margin — price has slipped just under its own EMA20 ($0.05390) while holding above EMA50 ($0.05275) and EMA200 ($0.04803), with that EMA stack also bullish. In practice, the short-term dip looks like a pause inside an intact uptrend rather than a break in structure, at least for now.
Daily and hourly RSI near 75 sit against a flattening 15-minute MACD
Daily RSI is at 74.6, up from 60.2 and 62.0 over the prior two completed sessions — solidly overbought and still climbing. The daily MACD histogram just crossed into positive territory after two negative readings, which lines up with the RSI move and confirms there’s real momentum behind this leg, at least on the daily timeframe.
The catch is the Bollinger setup: the last completed daily candle closed at $0.05428, above the upper band at $0.05391, and price has since eased back to $0.05372. An overshoot like that, followed by an immediate pullback, is often a sign that a move needs to cool off before it can extend further. Daily ATR sits near $0.004625, roughly 8.6% of the current price — a wide range that fits an asset in an active expansion phase.
Hourly RSI is at 76.6, also overbought, and it has been rising over its last three readings (70.8, 70.8, 76.6). The hourly MACD histogram has crossed zero too, but the print is tiny — the kind of reading that confirms direction without much conviction behind it. Hourly ATR is around $0.0018, about 3.3% of price.
The 15-minute chart is where the picture diverges. RSI there has slipped to 62.3 after falling from 69.3 to 62.9 to 62.3 over the last three completed candles — momentum fading on the execution timeframe even as the daily and hourly readings sit deep in overbought territory. The 15-minute MACD histogram is essentially flat, holding near a small positive value without a clear directional push, and the 15-minute ATR of roughly $0.0009687 is a far tighter range than the daily or hourly figures. This is the central tension: the bigger trend looks stretched and strong, while the smallest timeframe is already hesitating.
The Starknet price faces its daily Bollinger extreme and a tight hourly resistance cluster
On the daily chart, STRK has already closed one session above the upper Bollinger Band at $0.05391 before slipping back toward $0.05372. The next level above is the daily R1 at $0.05915. Below current price, the daily pivot at $0.05084 is the first cushion, with the daily S1 at $0.04597 and the daily EMA20 near $0.04051 as deeper supports should the pullback extend.
The hourly chart shows a tighter cluster just overhead: the hourly S1 at $0.05373 sits just above spot and acts as the first resistance, followed by the hourly pivot at $0.05521 and the hourly R1 at $0.05712. On the downside, the hourly EMA20 at $0.05143 — which lines up closely with the hourly Bollinger mid at $0.05137 — is the first support, with the hourly EMA50 at $0.04797 further below.
Bullish scenario: An hourly close back above the hourly pivot at $0.05521, followed by a push through the hourly R1 at $0.05712, would support a move toward the daily R1 at $0.05915. That path needs the overbought daily and hourly RSI readings to keep climbing rather than roll over, which isn’t guaranteed given the fading momentum already visible on the 15-minute chart. Invalidation would come from a daily close back below the daily pivot at $0.05084, which would point to a deeper retracement.
Bearish scenario: An hourly close below the hourly EMA20 at $0.05143 would signal the intraday structure is cracking, opening room toward the hourly EMA50 at $0.04797 and, on the daily chart, the daily S1 at $0.04597. This scenario would be undercut by a daily close that reclaims the daily Bollinger upper band near $0.05391, which would suggest the pullback was shallow and buyers remained in control.
Given overbought readings on both higher timeframes next to cooling 15-minute momentum, the most likely false signal here runs in either direction. A brief dip gets mistaken for a reversal when it’s just the stretched daily and hourly trend catching its breath. Alternatively, a bounce off hourly support gets read as fresh strength when RSI at these levels still has plenty of room to unwind without the broader EMA structure actually breaking.
FAQ
What is the Starknet price right now?
STRK trades at $0.05372 on Binance, off the last completed daily close of $0.05428.
Is STRK overbought on the daily chart?
Yes. Daily RSI stands at 74.6, up from 60.2 and 62.0 over the previous two completed sessions, placing it firmly in overbought territory.
What would confirm further upside for STRK?
An hourly close above the hourly pivot at $0.05521 and then the hourly R1 at $0.05712 would support a move toward the daily R1 at $0.05915.
What would signal the rally is losing steam?
An hourly close below the hourly EMA20 at $0.05143 would point to a deeper pullback toward the hourly EMA50 at $0.04797 and the daily S1 at $0.04597.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument or cryptocurrency. The analysis provided is not indicative of future results. Investing in crypto assets and financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

President Donald Trump is expected to name Jay Clayton as the White House’s artificial intelligence czar, a move that would put the country’s approach to AI oversight in the hands of a former Wall Street regulator best known for an aggressive crackdown on crypto. The expected pick, reported on October 2, 2026, comes after years in which Clayton built a reputation as the architect of the Securities and Exchange Commission’s “regulation-by-enforcement” era for digital assets.
Key takeaways
Jay Clayton is expected to take on the AI czar role while continuing to serve as Director of National Intelligence.
As SEC chairman, he started the agency’s Cyber Unit and pursued 57 enforcement actions against crypto firms and ICOs.
His SEC sued Ripple Labs over $1.3 billion in XRP sales, a case later dropped under Chairman Paul Atkins.
Clayton calls AI a national security matter but opposes pausing its development.
Jay Clayton’s Expected Appointment as AI Czar
Trump teased the appointment in early October 2026, according to a source familiar with the matter cited by NBC News. The announcement would follow a lengthy White House meeting on Tuesday with executives from leading technology companies, which Clayton attended.
Asked about the pending move, a White House official told NBC News: “Any personnel announcement will be announced directly by the President. Any reporting until then is baseless speculation.” Unlike the earlier version of the czar job, this one appears to leave crypto out of the equation entirely, focusing instead on the administration’s newly created AI Force, an effort Trump has compared to the Space Force he launched during his first term, according to CoinDesk.
A Regulatory Record Built on Crypto Enforcement
Clayton’s history with emerging technology did not start with artificial intelligence. During his time leading the SEC in the earlier Trump era, he contributed to establishing the agency’s enforcement-driven method of overseeing digital assets, an approach that would go on to shape how Chairman Gary Gensler ran the commission under President Biden, CoinDesk reported.
In 2017, Clayton established the SEC’s Cyber Unit to police the fast-growing crypto sector, targeting initial coin offerings and related activity. By the time he left the agency in 2020, the SEC had brought 57 enforcement cases against digital-asset firms, blockchain businesses and ICOs, framed around what the agency called efforts “to defraud investors through the use of digital asset securities” and violations of federal registration rules.
The Ripple Labs Case and XRP Securities Claim
The most prominent case from that record targeted Ripple Labs, which the SEC accused of failing to register roughly $1.3 billion worth of XRP token sales as securities, a lawsuit Clayton launched just before leaving the agency in 2020. The case dragged on for years before current SEC Chairman Paul Atkins, another Trump appointee, moved last year to dismiss further pursuit of the action, according to CoinDesk.
A Shifting White House Tech Leadership
The expected appointment also marks a split from how Trump originally organized his technology policy team. David Sacks served as the administration’s combined special adviser for AI and crypto from January 2025 until he left the role in March, when he moved to co-chair the President’s Council of Advisors on Science and Technology, NBC News reported. Since then, White House crypto efforts have been led separately by adviser Patrick Witt, while the AI side of the portfolio now appears headed toward Clayton.
Trump’s relationship with crypto itself shifted dramatically over the same stretch. He was openly skeptical of the “bitcoins of the world” in a 2021 interview, saying they should be “regulate[d]… very, very high,” before reinventing himself as a vocal booster of the industry during his 2024 campaign, CoinDesk noted.
Clayton’s Stance on AI and National Security
Speaking on CNBC during the week of the White House tech meeting, Clayton described artificial intelligence in stark terms. “Superintelligence is a national security issue,” he said, using language the administration has formally adopted, adding that the idea “was something that was recognized yesterday by not just the industry leaders, but everybody in the room,” according to NBC News. He also said the administration would take a “whole-of-government approach” to regulating the technology.
At the same time, Clayton rejected calls to slow down AI development. “I don’t think any American should think that that’s a good strategy,” he said, according to CoinDesk. Before returning to government this year as Director of National Intelligence and, earlier, as a U.S. attorney for the Southern District of New York, Clayton spent several years on the board of private equity firm Apollo Global Management, which has committed billions of dollars to AI and digital infrastructure projects.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Circle has asked the European Commission to overhaul EU stablecoin reserve rules, proposing to swap mandatory bank-deposit allocations for a liquidity-based standard instead. The request, submitted in an Oct. 1 summary of Circle’s response to the European Commission’s MiCA consultation, puts the USDC and EURC issuer alongside European central banks in calling for changes to how stablecoin issuers must back their tokens.
Key takeaways
Circle wants bank-deposit minimums under MiCA swapped for a liquidity-based reserve test.
MiCA currently sets deposit floors of 30% for standard tokens and 60% for significant ones.
The European System of Central Banks favors reserve maturity windows of one to five working days over fixed deposit shares.
Circle also wants the EBA’s 35% sovereign-exposure cap and 1.5% single-bank deposit cap scrapped.
The Commission’s MiCA consultation closed Sept. 30 and may feed into a future legislative proposal.
Circle’s Case for Rewriting Stablecoin Reserve Requirements
Circle’s central argument is that fixed bank-deposit minimums do more harm than good. According to a report by The Defiant, the company told the European Commission that the deposit floors built into MiCA push issuers deeper into banks’ credit and counterparty risk. Circle is pushing for what it calls a “less rigid minimum asset liquidity requirement” in place of the current percentage-based mandate.
Under the existing framework, issuers must hold at least 30% of reserves backing ordinary e-money tokens in separate bank accounts, with that floor rising to 60% once a token is classified as significant. Whatever remains must be held in safe, low-risk assets that are highly liquid and denominated in the same currency as the token. Circle’s own USDC and EURC white papers describe both tokens as non-significant as of their respective publication dates, meaning the 30% floor currently applies to Circle’s reserves.
In addition, Circle wants the European Union to eliminate two concentration thresholds found in European Banking Authority technical standards, namely a 35% cap on exposure to a single sovereign and a restriction capping deposits held at any single bank at 1.5% of that bank’s total assets. Circle argues these limits constrain dollar-denominated sovereign holdings and force larger issuers to scatter deposits across dozens of banks just to stay compliant.
Where European Central Banks Agree — and Where They Don’t
European monetary authorities share Circle’s skepticism about fixed deposit minimums, but they propose a different fix. The European System of Central Banks, in a September response, also called for removing the hard deposit floors. Its alternative would instead require a minimum share of reserves to mature within one to five working days, a maturity-based test rather than a deposit-ratio one.
The central banks’ reasoning diverges sharply from Circle’s on diversification, though. Their response warns that a sudden run on a stablecoin could force an issuer to pull deposits out of its banking partners all at once, transmitting financial stress directly into the banking system. Rather than loosening concentration limits as Circle wants, the central banks recommend tightening counterparty limits for significant stablecoins and studying a system-wide cap on how much deposit funding banks can take from stablecoin issuers collectively. They also note the relevant EBA reserve standards are still waiting for Commission approval.
Cross-Border Issuance Faces Its Own Legal Fight
Beyond reserve composition, Circle wants Brussels to formally protect multi-issuance — an arrangement where an EU-authorized entity and a foreign-regulated counterpart issue the same globally circulating stablecoin, with safeguards including rebalancing between global and EU-specific reserves. That structure already underpins how USDC works in Europe: Circle’s French entity became a second USDC issuer in July 2024, and the French-issued tokens are fully interchangeable with USDC issued by Circle’s U.S. entity. EURC works differently, with the French entity as its sole issuer since July 2024.
EEA holders have a redemption claim against Circle’s French entity, though that claim is subject to anti-money-laundering checks. European central banks are not convinced the current legal basis supports this cross-border setup at all. Their response argues MiCA would need a legislative amendment to properly permit co-issuance, warning that EU reserves could face redemption demands tied to tokens issued abroad, while transfers of foreign reserves back into the bloc could be restricted precisely when markets are under stress.
For the longer term, Circle has floated a separate equivalence-and-recognition regime: the Commission would vet a foreign jurisdiction’s rules, the EBA would recognize individual issuers under that regime, and a locally licensed EU institution would handle distribution, while issuers stay primarily supervised in their home market. Circle says reciprocal arrangements under this model could also help EU-issued stablecoins like EURC circulate internationally.
What Happens to the EU Stablecoin Reserve Rules Now
The European Commission’s MiCA consultation closed on Sept. 30. The responses gathered, including Circle’s, will feed into a Commission report on how MiCA is working in practice — a report the Commission has said may come with a legislative proposal if one is warranted.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Financial institutions are building connectivity into their payments networks, but a new webinar from Finextra, hosted in association with Bottomline, argues that connectivity alone no longer cuts it. The event, titled “Beyond connectivity: Creating more value across the payments lifecycle,” asks how banks can extract more value from payments infrastructure while still managing rising customer expectations, operational strain and tighter regulatory scrutiny.
Key takeaways
Banks are under growing pressure to turn payments infrastructure into a source of value, not just access.
Payment rails remain fragmented across domestic schemes, real-time networks, legacy systems and new methods.
ISO 20022 has standardized messaging but routing, fraud checks and compliance stay complicated.
AI, automation and data are pushing payments toward more intelligence, visibility and control.
Finextra and Bottomline will host a panel on cutting complexity while raising agility and control.
Challenges in Today’s Payments Environment
Financial institutions are grappling with a shift from simply enabling access to payment networks toward squeezing real value out of them. That shift collides with fragmented infrastructure: domestic and international schemes, real-time payment rails, older legacy systems and emerging payment methods all sit side by side, according to the Finextra webinar page. The result is an environment where institutions must juggle operational complexity, customer demands and regulatory obligations at the same time.
The Role of Standards and Emerging Technologies
ISO 20022 adoption has given the industry a more standardized foundation for messaging, but it hasn’t erased the hard parts. Organizations still wrestle with routing, data management, fraud prevention, compliance and reporting, the webinar material notes. Layered on top of that is the growing role of AI, automation and data, which are reshaping payments operations by building greater intelligence, visibility and control across the entire ecosystem.
Future Directions for Payments Transformation
Looking ahead, the focus moves toward payment operations that are more agile, streamlined and interoperable, capable of adapting to constant market, regulatory and customer-driven change. That trend will likely deepen as AI adoption matures and the conversation turns to practical applications, trusted data foundations, explainability and human oversight in critical payment decisions. Institutions are also being pushed to rethink payments as a multi-rail, increasingly global setup that taps APIs, ecosystem connectivity, cross-border innovation and blockchain. Banks that balance speed, security and customer experience, the webinar page argues, can set themselves apart from competitors and build a more resilient, future-proofed operation that delivers value across the full payment lifecycle.
The Bottomline and Finextra Webinar on Payments Evolution
The session brings together an industry panel to discuss how operational complexity can be reduced while control and agility increase. Registration is open through the Finextra event page for financial institutions looking to move their payments infrastructure beyond connectivity and toward measurable value across the lifecycle.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Buying a stock, a bond fund or an ETF has long been the only way most people build a portfolio. A partnership between BlackRock and Ondo Finance now offers a preview of something different: entire investment strategies wrapped into a single blockchain token that an investor can hold directly in a wallet, pushing the tokenization of investment portfolios past the single-asset stage it has mostly stayed in so far.
According to CoinDesk, BlackRock — the world’s largest asset manager — built three model portfolios for Ondo‘s Intelligent Portfolios product, each represented onchain as one token rather than a bundle of separate holdings an investor has to manage and rebalance individually.
Key takeaways
BlackRock designed three onchain strategies that Ondo Finance turned into single tradable tokens.
The tokens track high income, diversified growth and high growth strategies and can move freely between wallets.
Model portfolios held roughly $9.8 trillion in assets as of June, according to Broadridge.
Bitwise, Coinbase and Glider are building comparable tokenized portfolio products with automatic rebalancing.
Industry voices expect AI paired with tokenization to eventually personalize portfolios around individual investors.
BlackRock and Ondo Finance Launch Tokenized Investment Portfolios
The core of the deal is simple: instead of buying and rebalancing several assets separately, an investor holds one token that represents the whole strategy. BlackRock built the underlying portfolios; Ondo turned them into tokens.
Portfolio Strategies Focused on Income and Growth
The three tokenized portfolios combine different assets into strategies built around high income, diversified growth and high growth, CoinDesk reported. According to Crypto Briefing, the products — High Income (BLKHIon), Diversified Growth (BLKDIGon) and High Growth (BLKGRWon) — are open to eligible non-U.S. investors and trade peer-to-peer across wallets, exchanges and decentralized venues including 1inch. Crypto Briefing also noted that under the arrangement, BlackRock licenses the portfolio construction and collects fees on the underlying funds it sponsors, while contractually owing nothing directly to token holders.
How Tokenization Enhances Portfolio Features
Putting the portfolio itself onchain, rather than just the assets inside it, gives it traits a traditional fund doesn’t have. According to CoinDesk, the token is capable of moving across wallets and platforms, remaining onchain-visible, and could potentially serve as collateral for loans or be integrated into other financial products.
Advancing Beyond Single Asset Tokenization
Most tokenization activity until now has focused on single assets — Treasury funds, private credit, stocks and ETFs put onto a blockchain one at a time. The BlackRock-Ondo products point to a different layer: bundling those assets into a strategy and tokenizing the strategy itself. Crypto investment firm Pantera described the shift, per CoinDesk, as moving “from single securities to onchain portfolios,” adding that for investors “the practical change is a reduction in the number of positions and rebalancing decisions they need to manage themselves.”
There’s a sizable business behind that idea already. According to Broadridge, model portfolios—ready-made fund combinations utilized by wealth managers—contained roughly $9.8 trillion in assets as of June. BlackRock’s Lisa O’Connor, global head of model portfolio solutions, framed the Ondo tie-up in those terms: “Tokenization creates new ways for portfolio strategies to be delivered through digital infrastructure,” she said in the announcement cited by CoinDesk.
Similar experiments are underway at other firms. In August, Bitwise launched Automated Token Portfolios in partnership with Coinbase and a16z-backed Glider, enabling eligible non-U.S. investors to track Bitwise-curated baskets of tokenized stocks, with Glider’s software handling automatic rebalancing to maintain target allocations. Ondo wraps exposure into one transferable token; Bitwise keeps individual tokenized stocks in the investor’s own wallet while software manages the mix — different mechanics pointing toward the same outcome: portfolio management becoming software that runs directly on blockchain-based assets.
Implications for the Future of Asset Management
What these products really signal is a potential change in portfolio contents, not merely purchasing methods. According to Tom Staudt, president and chief operating officer of ARK Invest, in remarks to CoinDesk, conventional portfolio models emerged at a time when everyday investors faced far fewer options—private equity, private credit and crypto were mostly inaccessible, while international markets posed greater access challenges. Tokenization could put more of those investments on the same digital rails he said.
Staudt also pointed to artificial intelligence as a multiplier: “It’s all great to have AI tell you what a perfect portfolio is, but if you can’t access the assets, it doesn’t really matter,” he told CoinDesk, adding that blockchain and tokenization are “clearly going to open up funds, strategies, asset classes and jurisdictions that are not currently available for everyone,” calling it “taking democratization to the next level.”
Ondo’s John Hoffman, head of portfolio products, described an even more automated endpoint in a June interview with CoinDesk: “Our end state will be portfolios that are professionally managed, real-time and adjusting to market circumstances and data changes.” Getting there, he said, will require a broader universe of onchain assets, prime-brokerage infrastructure and asset-management strategies that can run natively on blockchain networks.
Dan Romero, who serves as chief business officer at Stripe-backed blockchain Tempo, indicated to CoinDesk that he anticipates tokenization’s disruptive impact will lag behind stablecoins’ by several years. Stablecoins put cash onchain; tokenization is now putting more of the investable universe onchain, and combining the two, he said, lets developers build “really interesting new financial experiences” — comparing the moment to the rise of specialized neobanks once underlying payment infrastructure became easier to access.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Chainalysis says it used in-house artificial intelligence to cut a bridge reconciliation task that would normally take investigators more than 20 hours down to under 10 minutes while tracing the $387 million drained from crypto exchange Bitget.
The breakdown comes from a Chainalysis report dated Oct. 1, as crypto.news reported. The blockchain analytics firm said its investigators built custom automation specifically for the case after Bitget detected unauthorized transfers on Sept. 24, and the tool helped connect fragmented transaction trails that would otherwise look unrelated when viewed on separate networks.
Key takeaways
Chainalysis says its AI shrank a 20-hour bridge-matching task to under 10 minutes during the Bitget probe.
Roughly $387 million left Bitget across Ethereum, XRP, Zcash and Tron in 23 transfers.
Chainalysis links the theft to North Korean actors, whose 2026 crypto thefts now top $1 billion.
Circle and Tether froze about $318,000 in linked USDC and USDT by Sept. 26.
How AI Tracing Accelerated the Bitget Hack Investigation
Chainalysis investigators set the matching logic themselves, then let the AI handle the repetitive cross-chain legwork of pairing deposits on one network with payouts on another. “Our investigators still defined the logic, reviewed the outputs, and directed the investigation,” the firm said in its report. Newly flagged addresses tied to the stolen funds received labels within minutes, feeding directly into the compliance data platform used by exchanges and law enforcement partners.
Inside the $387 Million Theft Across Four Blockchains
Within the attack’s first three hours, Chainalysis tracked 23 separate transfers that drained roughly $387 million from Bitget. According to its analysis, 49.7% went to Ethereum, 40.8% to XRP, 7.6% to Zcash and 1.8% to Tron.
Investigators traced the stolen XRP through a cross-chain liquidity protocol that paid out Bitcoin rather than routing the tokens straight to an exchange, with tens of millions of dollars passing through that route over roughly a day and a half. From there, the funds moved through several more protocols to attacker-controlled Bitcoin addresses that Chainalysis said it continues to monitor.
Bitget’s own investigation traced the breach to a vulnerability in a third-party security product that let attackers obtain credentials and forge withdrawal commands. Mandiant and SlowMist assisted with the forensic work. According to Chainalysis, North Korean actors were behind the attack, pushing the group’s cumulative 2026 crypto theft past $1 billion, whereas Bitget CEO Gracy Chen initially pointed only to IP patterns and VPN infrastructure resembling known North Korean tactics, stopping short of a definitive attribution.
Bitget’s Response: Detection, Rewards and Restored Withdrawals
According to Bitget, its systems detected unauthorized transfers at 18:31 UTC on Sept. 24 originating from segments of its hot and warm wallet infrastructure. The exchange subsequently revised its estimated losses upward, moving from $351.6 million to $387.5 million once further Zcash and Tron transfers were accounted for.
To claw back funds, Bitget offered separate 5% rewards for information leading to frozen assets and for successful recovery. Circle and Tether froze about $318,000 in linked USDC and USDT by Sept. 26. In its update on Sept. 30, Bitget verified that withdrawal functions had come back online in phases — Bitcoin on Sept. 28, followed by Ether on Sept. 29 and USDT on Sept. 30 — while reiterating that user funds remained untouched and that more than $300 million had already flowed back into its Protection Fund.
THORChain’s Response and a Separate North Korea Case
Chen sought to have THORChain block the attacker’s addresses once stolen funds began moving through the protocol, but THORChain declined. The network argued its emergency controls exist to protect overall network security rather than to freeze individual wallets, a distinction it said differs fundamentally from selective address blocking. GoPlus, a security firm, disputed THORChain’s comparison to Bitcoin and Ethereum, noting that its vaults rely on validator control and a distinct signing mechanism that grants operators capabilities beyond what base-layer validators possess.
Separately, a U.S. federal court case reported Sept. 8 ordered forfeiture of roughly $212,700 in stablecoins tied to North Korean IT workers. According to the Justice Department’s June 2025 complaint, prosecutors claimed the workers concealed their true identities to land jobs abroad—some at blockchain firms—typically receiving payment in USDC or USDT before laundering it via token swaps, cross-chain transfers and accounts set up under fake identities. While Judge Rudolph Contreras approved forfeiture of the single identified wallet, he rejected the wider request without prejudice, finding that the public notice had not adequately specified the remaining assets.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

According to crypto.news, Greek authorities arrested 17 individuals accused of operating a cryptocurrency investment scheme that, per authorities, had gathered over $8 million from at least 10,000 participants. The case, disclosed by Hellenic Police on October 2, 2026, centers on an unauthorized platform that promised to double investors’ money within 50 days.
Key takeaways
Seventeen suspects were detained, nine of them active-duty military personnel.
Investigators tied the scheme to over $8 million gathered from roughly 10,000 people.
Police seized €295,090 in cash plus dozens of phones, computers and storage devices.
Eighteen identified victims lost a combined €55,970, though far more participants were involved.
Suspects now face an investigating judge after appearing before the Katerini prosecutor.
Greek Police Crack Down on $8M Crypto Fraud Scheme
The arrests target a suspected pyramid operation that used company structures and an online platform to dress up cryptocurrency investments as legitimate, Hellenic Police said in its statement. Nine of the 17 people taken into custody were members of the armed forces, including two noncommissioned officers who allegedly held leadership roles inside the network, Greek public broadcaster ERT News reported.
Investigators estimate the platform pulled in more than $8 million from at least 10,000 participants, a figure that dwarfs the number of victims formally identified so far. According to ERT News, nine more Greek suspects appear in the case file, including yet another member of the armed forces, indicating that the scheme’s military ties extend beyond those first arrested.
Modus Operandi: Unauthorized Platform and Pyramid Scheme Structure
Police allege the platform guaranteed high returns with little or no risk, promising to double invested capital within 50 days without ever holding the required authorization to operate. That pitch, combined with a lack of regulatory clearance, forms the core of the fraud allegation against the group.
ERT’s reporting indicates that the scheme was built around recruitment bonuses rewarding members for signing up new participants, establishing a hierarchy where the operation’s alleged leaders held control while recruits worked to grow it. The broadcaster said the operators initially let participants believe their money was generating profits, before the platform stopped returning deposited funds. Hellenic Police said the operation had been running since at least 2025.
Investigation, Seizures, and Legal Proceedings
Coordinated searches across five offices and nine homes, plus other premises, turned up a sizable haul of evidence. According to police, the seizure included €295,090 in cash along with 32 mobile phones, 28 computers, 15 tablets, 38 USB storage devices, 16 storage drives, bank cards, and a money-counting machine.
The suspected network’s offices were spread across multiple Greek cities, including Katerini, Thessaloniki, Larissa, Patras and an island in the Dodecanese, according to ERT News. As part of the probe, 18 victims were officially identified with combined deposits totaling €55,970, although police estimated separately that the platform had drawn in at least 10,000 participants overall.
Per the police statement, those arrested were brought before the Katerini prosecutor, who then referred the case to an investigating judge.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.