Category : CoinJournal

CoinJournal

Bitcoin holds near $81,800 as BTC defends key support

Key takeaways BTC traded around $81,593, above its 50-day EMA at $80,878. Bitcoin’s RSI near 47 and slightly negative MACD suggest recovery momentum remains weak. BTC faces resistance at $85,000, with deeper support at $77,528 and $76,186. Cr...

Cardano risks further losses as ADA drops below the $0.220 support

Key takeaways Cardano trades below $0.22 after failing to sustain a move above its 50-day EMA. ADA’s long-to-short ratio stands at 0.79, approaching its lowest reading in more than a month. Negative funding rates indicate increased demand for...

DefiLlama report: nearly 90% of FXRP supply is locked in DeFi

Nearly 90% of circulating FXRP supply is deployed across DeFi protocols. Flare Data Connector fees now account for 45% of protocol revenue. Flare plans Bitcoin integration and mainnet deployment of confidential computing. Nearly 90% of the circulat...

Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

Key takeaways Bitcoin traded around $82,800 on Wednesday, maintaining gains from the previous session. BTC remains above its 50-day and 200-day EMAs, supporting a constructive technical backdrop. Support lies at $80,769, with deeper levels at $77,86...

NEAR slips below $5 despite $5.42m ETF inflow

Key takeaways NEAR fell 7% on Tuesday to around $4.70, extending Monday’s decline. Bitwise’s NEAR ETF attracted $5.42 million on Monday after three consecutive weeks of inflows. Resistance near $5.02 must be reclaimed to strengthen the r...

Cardano holds above $0.22 as falling OI signals risk of further losses

Key takeaways ADA futures open interest fell to $475.58 million from $549.14 million, reflecting reduced derivatives exposure. Positive funding shows a modest bullish tilt among perpetual traders, leaving longs vulnerable if prices fall further. ADA...

HYPE rebounds near $82 as Ripple Prime expands institutional access to Hyperliquid markets

Key takeaways HYPE recovered to $81.88 after falling to approximately $77.59 following hotter-than-expected US producer inflation. Ripple Prime introduced institutional RWA perpetual swaps referencing more than 100 Trade.xyz markets on Hyperliquid....

Ethereum reclaims $2,400 as falling Treasury yields ease inflation pressure

Key takeaways Ethereum recovered above $2,400 after briefly falling toward $2,340 following hotter-than-expected US producer inflation. September PPI rose 6.3% annually, while core PPI reached 5%, both exceeding forecasts. Support stands near $2,355...

Will stablecoins replace banks? The future of money

Stablecoins could reshape payments and compete with banks without replacing their broader financial services. Research highlights potential effects on bank deposits, lending, liquidity, and demand for US Treasury securities....

XDC Network selects Concordium for AI agent identity verification

XDC Network selects Concordium to verify owners of AI agents. Verified agents receive on-chain badges while personal data stays private. The partnership includes revenue sharing and sponsored network fees. XDC Network has selected Concordium as the...

Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations

Key takeaways Ethereum traded below $2,400, down 5.3% over 24 hours, after stronger-than-expected US inflation unsettled crypto markets. Higher Treasury yields, a stronger dollar and rising rate hike expectations added pressure to ETH. Key support s...

Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows

Key takeaways Zcash traded near $1,111 on Thursday, extending Wednesday’s roughly 6% decline. A sustained four-hour close below $1,115 could expose support at $1,050 and $1,000. ZEC needs to reclaim resistance between $1,242 and $1,264 to ease...

XRP rebounds from $1.32 as Standard Chartered adds RLUSD custody

Key takeaways XRP bounced from $1.32 following news of Standard Chartered’s involvement in an RLUSD custody arrangement. The deal with Ripple and LMAX would allow institutional clients to place RLUSD with the bank. XRP ETFs have attracted arou...

PI holds below $0.0800 as stablecoin plans emerge, but downside risks persist

Key takeaways Pi Network traded below $0.080 Wednesday after a 2% rebound the previous day. The Pi Core Team is exploring stablecoin integration intended to complement PI’s existing utility. PI remains below its 50-day and 200-day EMAs, with w...

KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

KuCoin Nigeria wins conditional SEC approval to enter regulatory incubation. Approval does not allow KuCoin Nigeria to launch services or onboard users. KuCoin says Nigeria move forms part of its wider global compliance strategy. KuCoin Niger...

Dogecoin rebounds from $0.0800 as ETF outflows keep downside risks in focus

Key takeaways Dogecoin traded near $0.084 on Tuesday after rebounding from an intraday low around $0.0800. DOGE-focused ETFs recorded $399,460 in outflows Monday following no net flows last week. Resistance sits at the 50-day EMA near $0.0876 and th...

XRP rebounds as derivatives improve, but faces EMA resistance

Key takeaways XRP traded near $1.374 on Tuesday after Monday’s correction. Long-to-short ratios of 1.09 for XRP indicate a modest tilt toward longs. Immediate XRP support sits at $1.339, followed by $1.300, while resistance begins at $1.381....

KuCoin unveils 5.0 upgrade with AI tools and unified trading account

KuCoin 5.0 integrates AI, trading tools, and wealth management services. KuCoin introduces a unified account for eligible spot, margin, and futures traders. The upgrade adds accessibility features and expands AI Assistant 5.x. KuCoin has unveiled K...

Chainlink eyes $13.50 breakout as ETF inflows hit yearly high

Key takeaways Chainlink traded near $13.50 on Monday, extending its recovery from Thursday’s $12.09 low. LINK-focused ETFs attracted $9.48 million on Friday, their largest daily inflow this year, according to SoSoValue. A confirmed breakout co...

Cardano reclaims $0.250 as derivatives sentiment improves

Key takeaways ADA’s long-to-short ratio edged above one to 1.01, indicating a slight tilt toward bullish positioning. Funding turned positive and reached 0.0061%, with longs paying shorts. ADA holds above its major daily EMAs, with immediate s...

Dogecoin dips by 11% this week as whale balances shrink

Key takeaways Dogecoin traded near $0.085 on Friday after losing more than 11% this week. Two large-wallet cohorts reduced their combined holdings by 100 million DOGE since Tuesday. A close below $0.084 could expose $0.078 and $0.070, with resistanc...

XRP tests the $1.32 support level as ETF demand slows

Key takeaways XRP has declined nearly 7% over seven days after failing to clear resistance at $1.60. Trading volume remains around $3 billion, equivalent to nearly 4% of its circulating market capitalization. XRP ETFs have attracted just $4 million...

NextBlock invests $3M in Soda Labs to expand blockchain privacy

NextBlock invests $3M in Soda Labs’ seed funding round. Soda Labs expands its privacy infrastructure across major blockchains. Soda plans to scale adoption, validators, and financial integrations. NextBlock has invested $3 million in Sod...

Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk

Key takeaways The token traded near $0.0823, recovering modestly from support at $0.0801. Futures open interest fell to $8.94 million from $10.38 million, a decline of approximately 14%. PI faces resistance at $0.0827 and $0.0902, while a break belo...

XRP extends losses as negative funding and rising yields weigh on sentiment

Key takeaways& XRP extended its corrections Thursday after three consecutive days of losses. CoinGlass showed negative funding rates for XRP, while its long-to-short ratios offered mixed signals. Reports of preparations for possible U.S. strike...

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