
A satirical meme coin stands out from the heavily-red market with double-digit percentage gains as some buying sentiment returns.

Crypto exchange giant Binance and prediction markets platform Polymarket want the Polygon (POL) network to move about 70 million tokens out of the hands of the hackers who stole them late last month.
The two firms have filed a Polygon Improvement Proposal for a one-time hard fork that would set the POL balances in five attacker-controlled addresses to zero and credit the same amounts to recovery wallets the companies control, the proposal says.
The five addresses hold about 70.49 million POL, worth roughly $6.5 million at the October 29th price used in the proposal.
About 23.86 million POL sits in four addresses tied to the Polymarket hack on October 29th, while about 46.63 million POL sits in one address tied to the Binance hack that hit late the same day.
Polygonβs block producers have already added the addresses to a block list, so the funds cannot move.
But the companies say that is only a stopgap.
βThe funds cannot move, but nothing in the current setup lets them be returned either.β
The proposal says the attacker has kept trying to get the funds out, including by offering validators cash to help unblock a transaction.
The fork would leave Polygonβs total supply unchanged.
It would only go live after approval through Polygonβs governance process, a test run on the Amoy testnet and proof that Binance and Polymarket control the recovery wallets.
The firms call it an extreme action that should not be reproduced commonly.
The plan is set to be presented at the Polygon Protocol Governance Call on November 5th at 14:30 UTC, with rollout expected to take about two weeks after approval.
Binance says it has already replaced most of the roughly $6.3 billion stolen from its hot wallets in the October 29th attack.
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The post Binance and Polymarket Propose Polygon Hard Fork To Recover About $6,500,000 in Hacked Crypto appeared first on The Daily Hodl.

Cardanoβs (ADA) recent price surge is running into fresh headwinds from fading trader interest and large-holder exits.
Futures open interest for ADA has dropped 9% over the past week, sliding from $1.99 billion to $1.81 billion as traders cut back on leveraged bets, says Ali Charts on X.
Whales also appear to be taking profits.
βSince September 20, large holders have offloaded roughly 90 million ADA, worth approximately $22.5 million, adding to the recent selling pressure.β
This decline in demand aligns with a Tom DeMark Sequential sell signal that appeared on Cardanoβs daily chart.
βSince then, ADA has fallen 10%, and the correction may not be over yet.β
According to the analyst, a parallel channel on the daily chart points to $0.24 as the key mid-range support.
βIf ADA loses that level, a move toward the channelβs lower boundary near $0.21 becomes likely.β
If $0.21 holds, it could present the next buying opportunity, targeting the channel top near $0.28.
Looking at Bitcoin, Ali says whales have cut their BTC holdings significantly over the last seven days.
βMost of the market has moved sideways over the past week. So what have whales been doing during the lull?
Bitcoin whale holdings have fallen by roughly 30,000 BTC, worth about $2.52 billion.
Large holders appear to be reducing their exposure.β
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Generated Image: Midjourney
The post Cardano Faces Bearish Signals as Futures Demand Cools and Whales Sell appeared first on The Daily Hodl.
September was a strong month for many cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC), all of which posted significant gains.
Nonetheless, their pumps canβt be compared to what happened with Quant (QNT). The altcoin became a sensation after surging nearly 400% in a month, fueling expectations of a continued bull run among top analysts. On the other hand, traders and investors should tread lightly, as key signals suggest a short-term pullback may be coming.
As of this writing, it seems surreal that less than two weeks ago QNT was worth around $60. By the end of September, the tokenβs price skyrocketed to nearly $350, and now it trades just under $280.
Perhaps the biggest catalyst for the rally was the announcement that The Clearing House (which operates payment networks that process over $2 trillion each day) selected Quant to power its On-Chain Money Initiative.
One of the many analysts commenting on the tokenβs bull run lately is Ali Martinez. Earlier today (October 1), he set $430 as key resistance, which sits at the top of a certain channel.
In his view, a decisive break above this level could send QNT into price discovery mode, potentially triggering another parabolic expansion toward an all-time high of $2,000.
Jia Crypto also made an optimistic prediction, albeit far less bullish than Martinezβs take. She believes QNT could cross $300 βsoon with big profits,β and then might rise to $400.
Despite the overall optimism, a further price uptrend is not guaranteed. Lookonchain revealed that the Quant Network founderβs wallet has woken up after seven years of inactivity and has moved almost $7 million worth of QNT. Even if no actual sale occurs, traders may interpret the move as a sign of potential profit-taking, which can trigger uncertainty and panic selling.
Meanwhile, QNT investors have been abandoning self-custody en masse and flocking to centralized exchanges over the past several days. This in turn increases immediate selling pressure.

The tokenβs Relative Strength Index (RSI) should also serve as a warning. The ratio has surged past 70, suggesting that QNT has entered overbought territory and could be on the verge of a short-term correction. The index ranges from 0 to 100, where anything below 30 is considered a buying opportunity.

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The post Quant (QNT) Could Explode to $2,000: Analyst Reveals the Critical Factor appeared first on CryptoPotato.

The altcoin market is showing signs of overheating, as spot trading volume is now four times higher than that of Bitcoin. The sharp rise in activity has also pushed leverage higher across the market.
This has prompted one trader to take profits and reduce exposure to altcoins.
Doctor Profit said ONDO was sold with a 73% profit, while HBAR was closed with a smaller gain. XRP remains on watch, with a possible entry planned at a better price. The trader said there is no interest in buying altcoins while market conditions remain this hot. He also called altcoins a βgreat distraction and liquidity grabβ and went on to add,
βThis is why Iβm out of Alts!β
Instead, the trader is betting on a Bitcoin correction, reiterating his previous stance. A short position was opened at $86,200, and additional short orders were placed between $86,500 and $89,500.
While he remains bullish overall, Doctor Profit had previously pointed to a potential pullback toward $79,000, near the 50-week moving average, before the broader uptrend continues. The analyst had flagged bearish signals across RSI, MACD/PPO, and MFI, while ADX showed weaker trend strength.
A few days earlier, Darkfost also identified a few warning signs. According to the analyst, Total2, which tracks the altcoin market cap including Ethereum, absorbed more than $371 billion in inflows since June 2026. This is a 45% increase in just a few months.
The shift is also visible across Binance, where 87% of listed altcoins are trading above their 200-day moving average. That is a major change from August, when 80% were still below the crucial trend level. Darkfost explained that the move is indicative of a growing euphoria around altcoins, something that has historically been difficult to sustain for long.
Another signal is the rise in altcoin deposits to exchanges. Weekly deposit transactions have climbed above 22,700 on Binance and 8,300 on Coinbase, with another 32,000 or so across other platforms. The numbers are still below the levels seen early in the previous bull cycle. However, Darkfost also pointed to a developing bearish divergence on Total2βs RSI, which suggests that the altcoin momentum could be starting to cool after the recent surge.
The post Altcoin Trading Volume Hits 4x Bitcoin as One Trader Says Heβs Out appeared first on CryptoPotato.
