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The options market has been aggressively repriced, with skew surging and strong demand for put options, indicating the establishment of defensive positions. The macro backdrop suggests the market is becoming increasingly fatigued.
Quick Take Summary is AI generated, newsroom reviewed. Solana price falls below $200 due to pending ETF approval decision. Upcoming Solana ETF ruling may influence institutional investment flows significantly. Market indicators suggest short-term oversold conditions for the SOL token. Solana total value locked reaches a record $12.27 billion in DeFi. Analysts expect the ETF verdict could reset Solana price momentum quickly.References INSIGHT: $SOL slips under $200 as looming ETF ruling could flip the table
This article will provide an in-depth analysis of the innovative applications within the Hyperliquid ecosystem, exploring how these projects are building sustainable competitive advantages for Hyperliquid in a highly competitive market, and will include ways to interact with them.
US spot Bitcoin and Ethereum ETFs saw $1.69B in combined outflows this week.Bearish Sentiment Drives Massive ETF OutflowsBitcoin ETFs Lose Nearly $900MEthereum ETF Outflows Add to the Pressure
Google supports $4.6B in funding for TeraWulf and Cipher Mining to scale Bitcoin data centers.Google Deepens Bet on Bitcoin Mining with Major InvestmentsTeraWulf Secures $3B with Google and Morgan StanleyCipher Mining Partners with Google and Fluidstack
- 17:33Data: ZEROBASE deposit campaign surpasses $400 million in deposits within 60 hours of launchForesight News reported that the real-time ZK proof network ZEROBASE announced on X that its total deposits exceeded $400 million within 60 hours of launch. According to the official statement, ZEROBASE is committed to building an upgraded financial system.
- 17:32Polkadot native stablecoin PUSD enters proposal discussion stage, may be minted only with DOT as collateralForesight News reports that the Polkadot native stablecoin PUSD, proposed by Gavin Wood, has entered the proposal discussion stage. The basic idea is that block producer rewards do not have to be paid in the highly volatile DOT, but can instead be distributed in a stablecoin. Therefore, the Polkadot protocol itself (most likely on Asset Hub) will issue a new stablecoin named PUSD. This stablecoin will only use DOT as collateral, with a mechanism similar to the HOLLAR stablecoin, allowing users to borrow PUSD by collateralizing DOT. However, the community believes that if the scale of this stablecoin becomes large, it could trigger correlation risks. For example, a drop in DOT price would trigger liquidations, and liquidation would mean that the DOT in the treasury must be sold.
- 16:26The probability of a Fed rate cut in October drops to 87.7%According to Jinse Finance, data from CME "FedWatch" shows that as of September 27, the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 87.7%, while the probability of maintaining the current rate is 12.3%. (Golden Ten Data)