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Industry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.
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Hyperliquid's open interest hit a record $18.1 billion in September alongside surging trading volume, while its native token HYPE trades around $72.19 and faces resistance near $75.
Cardano faces a potential drop to $0.156 amid its sixth consecutive weekly decline. Bearish derivatives data, negative funding rates, and sell-side dominance highlight ongoing downward pressure across spot and futures markets.
Injective faces potential further downside risks as falling futures Open Interest, weakening derivatives activity, and mounting sell pressure weigh heavily on the cryptocurrency near crucial technical support levels.
