TRUMP price holds $2.78 support after a technical double-bottom bounce.Whale accumulation grows ahead of April 25 Mar-a-Lago event.The memecoin’s price may target $3.34 if support holds.The Official Trump (TRUMP) token is beginning to show signs of life after weeks of sustained pressure, with price action stabilising just above a critical support level.While the broader trend remains weak, recent movements suggest that large investors are quietly positioning themselves ahead of a highly anticipated event later this month.At the time of writing, TRUMP was trading around $2.81, posting a modest daily gain and slightly outperforming Bitcoin (BTC), which has remained relatively flat.Technical support sparks a cautious price reboundThe recent bounce can largely be traced to a well-defined support zone around $2.78, forming a double-bottom pattern and giving traders a clear reference point for short-term positioning.Notably, after testing the support area, the price held firm and began to edge higher, suggesting that buyers are stepping in at this range.This kind of reaction is typically driven by market structure rather than new fundamental developments.Repeated tests of a support are often viewed as a confirmation that a floor has been established and, in this case, $2.78 has become the immediate floor price.As long as TRUMP holds above this support, the structure remains intact.A sustained move below it, however, would weaken the setup and likely open the door to lower levels near $2.44.Whale accumulation builds quiet pressureAlongside the technical setup, steady accumulation by large holders is helping to support the market.In recent days, several high-value wallets have been increasing their exposure to TRUMP, often moving tokens off exchanges into private storage.This behaviour is typically associated with longer-term positioning, as it reduces immediate selling pressure and signals intent to hold.Notably, this accumulation coincides with an upcoming event scheduled for April 25 at Mar-a-Lago for large TRUMP token holders.The Mar-a-Lago event has created a unique layer of demand, which, while it may not be sustainable over the long term, can still provide a meaningful boost for the token’s price in the short term.TRUMP price outlook: A narrow path toward $3.34With support holding and whale demand building, attention is now shifting to the next key level on the chart, which is $3.34.However, a move toward $3.34 would require continued stability above $2.78, along with enough buying pressure to push through minor barriers along the way.And at the moment, the setup suggests a market that is range-bound but leaning slightly upward, and eyes are on whether momentum can build.It is also worth noting that the token remains deep in a broader downtrend, having lost a significant portion of its value over the past year, meaning any upside move is likely to be viewed with caution until stronger confirmation appears.The post TRUMP price eyes $3.34 as whales accumulate ahead of Mar-a-Lago event appeared first on CoinJournal.

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AAVE price rallies toward $100 after strong governance-driven momentum.Aave protocol shifts to a token-centric model with revenue flowing to holders.$90 is a key support for continuation or pullback risk.The Aave DAO on Sunday approved the “Aave Will Win” proposal, a governance framework that has quickly reshaped how the protocol is expected to operate going forward.The approval ended months of internal debate and set a clear direction for the ecosystem, where all application-level revenue will now be directed toward the token economy.This shift strengthens the role of the AAVE token within its own network, and it has triggered a noticeable reaction in both price and market sentiment.At the time of writing, AAVE was trading just under the $95 level after a strong 24-hour move that saw it briefly touch highs near $98.Although the token remains well below its all-time high, it outperformed the broader crypto market on Monday, suggesting that traders are responding directly to the governance outcome rather than general market momentum.The “Aave Will Win” governance overhaulThe approval of the “Aave Will Win” framework is more than a routine governance update.It represents a structural change in how value is distributed within the protocol.By routing all application and product revenue toward the token ecosystem, the DAO has effectively tied AAVE’s long-term performance to the growth of its own services.This shift has been widely interpreted as a move toward a more token-centric model, where holders are no longer passive participants but direct beneficiaries of protocol activity.That change in narrative has played a key role in the recent price surge, as it strengthens the argument that AAVE’s valuation should reflect its underlying usage more closely than before.Alongside the revenue decision, the DAO also approved a funding package for Aave Labs.The allocation includes stablecoin funding and a long-term token grant designed to support ongoing development.This helps reduce uncertainty around future product expansion and ensures that the core development team has the resources needed to continue building, including upcoming upgrades and institution-focused features.The combination of revenue alignment and development funding has created a cleaner separation of roles within the ecosystem where AAVE token holders gain revenue exposure, while builders receive structured funding for execution.AAVE price outlook: $100 emerges as the key psychological levelFrom a market perspective, the AAVE price is now sitting at a critical point.The recent rally has brought price action into a tight resistance zone between the mid-$90s and the upper $90s, an area where sellers have historically stepped in.As a result, the next meaningful level that traders should watch is the $100 mark, which also aligns with recent technical projections and moving average targets.AAVE price analysisSupport remains firm around the low $90s, with deeper protection closer to the $80 range based on historical price behaviour.As long as the token holds above these zones, market analysis shows that the short-term momentum remains intact.However, the real test lies in whether bulls can push the AAVE price beyond the current resistance cluster and sustain it.A move above $100 would likely confirm continuation of the current trend and open the door toward higher resistance levels in the $110 to $120 range.On the other hand, failure to break through could result in another period of consolidation, especially given that the token has spent much of the past year in a broader downtrend despite recent gains.The post AAVE price prediction: $100 in focus following the “Aave Will Win” Proposal approval appeared first on CoinJournal.

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Key takeawaysBTC is approaching $75,000 after adding nearly 5% to its value since Monday.The rally comes despite the ongoing crisis in the Middle East.Bitcoin (BTC) has stabilized above $74,000 as of Tuesday’s press time, following a 5% rally the previous day. This price surge comes as the US enforces a blockade on the Strait of Hormuz during ongoing peace talks with Iran. US Vice President JD Vance hints at a grand deal in the works, demanding an end to Iran’s nuclear ambitions.Market sentiment recovers with $500M in liquidationsThe broader cryptocurrency market is seeing a recovery, with over $500 million in liquidations across the last 24 hours, primarily driven by short squeezes. Aave (AAVE), Algorand (ALGO), and Ethereum (ETH) are leading the charge in the market’s upward momentum.As negotiations between the US and Iran progress, the US military has started blocking the Strait of Hormuz, halting the movement of transiting ships. Vice President JD Vance emphasized that the situation is now in Iran’s hands, with the primary focus of US talks being Iran’s nuclear material exit and halting uranium enrichment. Former President Donald Trump also commented that “the other side” has approached him for a deal.The peace talks appear to be fueling a “risk-on” sentiment, especially in the cryptocurrency market. According to CoinGlass data, the last 24 hours saw $531 million in liquidations, with $426 million attributed to short liquidations. This massive short squeeze indicates a major bearish wipeout.Bitcoin is approaching key resistance levelsThe BTC/USD 4-hour chart remains bearish and efficient despite the recent rally. Bitcoin remains in a neutral-to-bullish trend, holding above its 50-day Exponential Moving Average (EMA) at $71,019. However, it is still capped below the 100-day EMA at $75,309.Immediate resistance lies near the 100-day EMA and the 23.6% Fibonacci retracement level at $75,623, from a previous downtrend spanning $126,199 to $60,000. A daily close above this range would signal potential upward movement, with the next target being the 200-day EMA at $82,936, followed by the 50% Fibonacci retracement at $93,099.BTC/USD 4H ChartMarket momentum is favoring the bulls, with the Relative Strength Index (RSI) at around 62 and the Moving Average Convergence Divergence (MACD) in positive territory, both suggesting upward pressure is gaining traction.On the downside, Bitcoin’s initial support is found at the 50-day EMA around $71,019. A break below this support could weaken the current bullish momentum and push the price lower, potentially testing the Fibonacci support level near $60,000.The post Bitcoin holds steady above $74K as US blocks hormuz amid Iran talks appeared first on CoinJournal.

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Key takeawaysHyperliquid is up 8% in the last 24 hours, maintaining its position in the top 10.The coin could rally towards the $50 psychological level if the bullish sentiment persists.Hyperliquid (HYPE) continues its upward momentum, trading above $44 as of Tuesday after an 8% surge on the previous day. With strengthening on-chain data, favorable derivatives metrics, and technical analysis pointing to further gains, the outlook for HYPE remains bullish, with a target of $50 in sight.Bullish Sentiment Backed by On-Chain and Derivatives MetricsOn-chain data from CryptoQuant suggests a strong buy-side dominance in both Hyperliquid’s spot and futures markets, with cooling conditions indicating a favorable environment for a potential price rise. The market shows mostly neutral conditions across other metrics, reinforcing the possibility of an upside move.On the derivatives front, CoinGlass data reveals that HYPE’s futures Open Interest (OI) has surged to $1.96 billion on Tuesday, up from $1.5 billion on April 3. This steady rise in OI points to new capital entering the market, which could propel HYPE’s price higher. This is the highest level of futures OI seen since early November.Moreover, CoinGlass’ long-to-short ratio for HYPE stands at 1.04, signaling a predominantly bullish sentiment in the market, as more traders expect the price to rally.Price Forecast: HYPE bulls target $50The HYPE/USD 4-hour chart is extremely bullish and efficient. HYPE’s price has extended its gains, surpassing the March high of $43.75 and reaching above $44 on Tuesday. If the upward trend continues, HYPE could target the October 30 high of $50.15.The Relative Strength Index (RSI) on the daily chart is currently at 69, indicating strong bullish momentum as it moves toward overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) indicator recently showed a bullish crossover on April 10, further supporting a positive outlook for HYPE.Should HYPE experience a pullback, it could find support near the psychological $40 level. However, the prevailing market conditions suggest a strong potential for further upside, with $50 being the next major resistance.The post Hyperliquid (HYPE) price continues to surge, targeting $50 Mark appeared first on CoinJournal.

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Chainlink price rose to highs of $9.42 as LINK mirrored broader gains.Bitcoin’s surge to $74,500 could embolden LINK bulls to challenge resistance around $10.The supply zone has capped upside for months.Chainlink (LINK) price is once again pressing into the robust supply zone near $10, with intraday gains to $9.42 outlining bulls’ intentions.Despite sentiment around most altcoins being cautiously optimistic, largely due to what happens next after Bitcoin’s upswing to $74,500, gains for LINK above $9.50 could see buyers target $12.In this case, the 80% jump in daily volume may indicate an upbeat outlook, particularly if the bellwether asset BTC pumps further.​Chainlink tests resistance amid broader market gains​The Chainlink price is up nearly 6% in the past 24 hours, joining the rest of the market in riding the upside momentum in BTC.However, LINK has notably underperformed the wider market over the past months, repeatedly failing to secure a sustained break above the $9.40-$10 area.​The underperformance has held despite the project’s steady stream of ecosystem milestones and integrations.Amid this outlook is the token’s rebound from a nearby demand zone, but it continues to face heavy pressure as bulls pare gains seen as prices rose to $9.42.The region thus remains key to sellers who have consistently faded rallies and defended prior breakdown levels.​At the same time, analysts view $10 as a decisive short‑term line in the sand: bulls need a clean daily close above this level.If this is backed by strong volume, it could flip market structure from defensive to constructive and open a path toward the $11.5-$12 region.Until that happens, the prevailing pattern of lower highs since November keeps bulls on the back foot and allows bears to reassert control on every test of resistance.​Chainlink price: Technical analysis​On the technical front, Chainlink is trading near a key inflection zone, with several indicators hinting that downside momentum is waning even as resistance remains firm.Lower time‑frame charts show prices attempting to build a base above recent demand.​LINK’s Bollinger Bands setup indicates the bands have compressed significantly, a classic precursor to a reversal.​Meanwhile, higher time frames highlight constructive setups, including a golden cross pattern.The MACD continues to hover around or slightly above the zero line, a posture that typically accompanies early trend reversals rather than deep distribution.Chainlink Price ChartChainlink price chart by TradingViewFor the immediate outlook, traders are likely to watch immediate resistance at $9.50-$10.The area marks the region where repeated rejections have formed a tight supply wall.Near-term support lies around the $8 zone, which may be revisited if a broader pullback hits crypto.The post Chainlink price analysis: can bulls push LINK above $10 amid crypto gains? appeared first on CoinJournal.

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Cardano traded around $0.24 as bulls looked to bounce higher.Bitcoin’s uptick could boost ADA price to above $0.30.ADA trends with bearish bias and entrenched bears could plunge prices to new lows.Cardano (ADA) price is up nearly 3% on Tuesday morning, trading around $0.24 as bulls struggle to mirror broader market gains.While Bitcoin and Ethereum have climbed above $74,700 and $2,300 respectively, to hit multi-week highs, ADA is hovering at a key supply zone following a recent sharp pullback.However, could ADA shed the bearish bias and ride a broader upside momentum? Or are bears so entrenched to leave Cardano facing deeper losses?Cardano price todayADA has gained about 3% over the past 24 hours, reaching $0.24 amid selective altcoin strength.In comparison, Bitcoin surged over 5% to $74,552, Ethereum hovered near $2,194 after a minor dip, and Solana traded around $80 with limited upside.Cardano derivatives data points to a slight bullish shift, with funding rates flipping positive in recent sessions and open interest climbing to roughly $436 million from $405 million on April 6.This uptick in open interest reflects growing trader interest, though volumes remain cautious below recent peaks.Bulls are defending the $0.24 zone, but failure here could trigger profit-taking aligned with broader market volatility.ADA technical outlookCardano’s price action shows resilience at current levels, testing the upper trendline of a descending channel on the daily chart.The token sits near its 50-day exponential moving average around $0.26, a pivotal level for any sustained recovery.Holding above $0.24 keeps short-term hopes alive, bolstered by improving derivatives sentiment.Yet, the broader technical picture leans bearish on higher timeframes, with RSI lingering below 50 and signaling potential for deeper pullbacks.Cardano Price ChartCardano price chart by TradingViewCardano price forecast: Can ADA jump to $0.30?Cardano may be struggling, but ADA has continued to attract dip-buying.An example is wallets with at least 10 million ADA tokens, which have recently jumped to a 4-month high.Santiment pointed to a 5.2% rise in 9 weeks, significantly up since prices bottomed on February 5, 2026.Whale activity suggests a push to $0.30 remains plausible.If ADA taps Bitcoin’s momentum, targeting the 100-day EMA as key overhead resistance.Bulls have retested the level on four occasions since early February, with price consolidating at current levels over the past week.Breaking the 50-day EMA at $0.26 first would validate the above outlook, potentially drawing in fresh longs amid rising open interest.At the moment, positive funding rates further support the scenario, with further strength likely if shorts continue to pay longs.On the flip side, entrenched bears could dominate if $0.24 gives way, eyeing notable support near $0.22. This will align the altcoin with channel downside projections.The post Cardano price forecast: ADA eyes $0.30 as bulls tap Bitcoin momentum appeared first on CoinJournal.

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The US DOJ opens claims process for OneCoin victims.Over $40 million in seized funds are available for distribution.Deadline for filing claims set for June 30, 2026.The US Department of Justice has launched a formal compensation claims portal for victims of the OneCoin scheme, marking a new phase in one of the largest crypto-related fraud cases ever uncovered.The move comes years after the collapse of OneCoin, a project that attracted millions of investors worldwide with promises of high returns from a digital currency that was later exposed as fraudulent.Many people from different countries were left with significant financial losses after the scheme unravelled, leading to extensive criminal investigations and asset seizures across multiple jurisdictions.Now, with a dedicated compensation process in place, the focus has shifted toward distributing recovered funds back to those who were harmed.The scale of the OneCoin fraud and how it unfoldedOneCoin operated between 2014 and 2019, presenting itself as a revolutionary cryptocurrency investment opportunity.It was heavily promoted through aggressive marketing campaigns and a wide network of recruiters who encouraged individuals to buy into what was described as a fast-growing digital asset.However, authorities later determined that OneCoin did not function like a real cryptocurrency. Instead of operating on a transparent blockchain network, it relied on centralised systems controlled by the people behind the project.Despite this, it continued to attract investors globally, but it ultimately crashed in 2019, leading to losses believed to reach into the billions of dollars.Estimates of total losses vary, but the figure is commonly placed at around $4 billion, with some assessments suggesting even higher exposure when accounting for global investor participation.The scale of the fraud made it one of the most significant financial fraud investigations tied to the digital asset space.Over time, law enforcement agencies were able to trace and seize assets linked to individuals involved in the scheme, and these recovered funds form the basis of the compensation program announced by the US Department of Justice.How the compensation claims process will workThe newly launched claims portal is designed to allow victims of OneCoin to formally submit requests for compensation.The process is structured as a remission program, which means that money recovered from seized assets will be redistributed to eligible victims based on verified losses.To qualify, individuals must show that they invested in OneCoin during the operational period between 2014 and 2019. They must also demonstrate a net financial loss.This means that any funds previously withdrawn or recovered will be deducted from the total amount claimed to determine eligibility.Notably, the total pool of available funds for distribution currently stands at over $40 million.While this is a significant amount, it represents only a small fraction of the overall losses suffered by investors globally.As a result, any payouts are expected to be partial and distributed proportionally among approved claimants.The deadline for submitting claims has been set for June 30, 2026. After this date, no new applications will be accepted, and the distribution process will move forward based on verified submissions.For many affected investors, the opening of a claims process offers a long-awaited opportunity to recover at least part of their lost funds.Although the available compensation is limited compared to total losses, it represents a formal acknowledgement of harm and an effort to return seized assets to their rightful owners.The post DOJ opens a formal compensation claims portal for OneCoin victims appeared first on CoinJournal.

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Deutsche Börse invests $200M for a 1.5% stake in Kraken.The deal strengthens an already existing partnership that was first announced in late 2025.Focus is on building a unified financial infrastructure.Deutsche Börse has taken a 1.5% stake worth $200 million in Kraken, marking another clear step in the steady convergence between traditional finance and the crypto industry.A small stake with a larger purposeThe deal gives Deutsche Börse a 1.5% fully diluted stake in Kraken’s parent company, acquired through a secondary share purchase.That means no new shares were issued, and Kraken itself does not directly receive fresh capital from this transaction.Based on the size of the investment, the deal implies a valuation in the range of roughly $13–15 billion for Kraken.That places the exchange firmly among the most valuable private players in the digital asset space.However, the size of the stake is not the main story here. A 1.5% holding does not offer control or significant influence on its own. What matters is how this investment strengthens an already existing partnership between the two firms.That partnership, first announced in late 2025, focuses on building infrastructure that connects traditional financial systems with crypto markets.Building a bridge between two financial worldsTo understand why this move matters, it helps to look at what Deutsche Börse already does best.The company is not just a stock exchange. It operates across the full financial value chain: trading platforms, derivatives markets, clearing services, and settlement systems. It also generates significant revenue from financial data and analytics.This integrated structure allows it to capture value at multiple points in every transaction. More importantly, it gives the company a strong position in areas like clearing and data, which tend to generate stable, recurring income.Now, with crypto markets maturing and attracting institutional interest, Deutsche Börse is extending this model into digital assets.Kraken plays a key role in that expansion.By working with an established crypto platform, Deutsche Börse gains access to technology, liquidity, and market expertise that would take years to build internally. At the same time, Kraken benefits from Deutsche Börse’s regulatory experience and institutional network.The goal is straightforward: create a system where traditional assets and digital assets can operate side by side.The rise of hybrid market infrastructureOne of the most important ideas behind this deal is the concept of a “hybrid” financial system.Instead of treating crypto as a separate market, Deutsche Börse is positioning itself for a future where all asset classes, equities, derivatives, and tokenised assets can be traded, cleared, and settled within a unified framework.This approach could allow institutions to move seamlessly between traditional and digital markets using familiar infrastructure.For example, Deutsche Börse already operates major platforms in foreign exchange and derivatives. Integrating crypto into that ecosystem opens the door to new products, including tokenised securities and crypto-linked derivatives.At the same time, its post-trade businesses, particularly clearing and settlement, could play a critical role in bringing more structure and trust to crypto markets.These are areas where traditional finance has a clear advantage.By aligning itself with Kraken, the company is effectively laying down the rails for a financial system that blends traditional and digital assets.If that vision materialises, the value of this partnership could extend far beyond the initial $200 million investment.The post Deutsche Börse acquires 1.5% stake in Kraken crypto exchange appeared first on CoinJournal.

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Ethereum briefly rallied to $2,400 on Trump-Iran ceasefire optimism and easing oil fears.Sentiment lifted risk assets, with BTC leading the charge with prices rising above $75k.ETH price outlook includes an ascending channel and bullish RSI.Ethereum price extended gains on Tuesday, briefly touching highs above $2,400 as Bitcoin and broader cryptocurrency markets surged on optimism surrounding potential diplomatic progress in US-Iran negotiations.As President Donald Trump’s comments on advancing talks following a recent two-week ceasefire fueled investor sentiment, risk assets, including equities, climbed while oil prices retreated.This confluence of geopolitical hope and easing inflation concerns marked a pivotal moment for digital assets, with Bitcoin leading the charge past key psychological thresholds.Ethereum hits highs of $2,360 as Bitcoin surges above $75,000ETH extended its impressive rally on Tuesday, pushing decisively above $2,300 after breaking from lows of $2,270 overnight from Monday.This marked the cryptocurrency’s highest level in over two months.Santiment notes that open interest in BTC and ETH has jumped 59% and 45%, respectively, in seven weeks.🥳 Bitcoin ($76,070) & Ethereum ($2,395) have both hit their highest market values since the beginning of February. This rebound is coming with increased optimism, as margin & leveraged positions are being created rapidly.📈 $BTC: +59% Open Interest in 7 weeks
📈 $ETH: +45%… pic.twitter.com/VgevsGwMz1— Santiment (@santimentfeed) April 14, 2026Bitcoin rose from around $74,000 to above $76,000 before paring gains to around $75,500 as of writing. Goldman Sachs filing for a Bitcoin ETF boosted sentiment.The uptick in Bitcoin and Ethereum also closely tracked gains across US stock benchmarks, which rallied sharply after cooler-than-expected US producer price data eased inflation concerns. The report boosted risk appetite, drawing capital into high-beta assets such as cryptocurrencies.Wall Street’s positive momentum provided an additional tailwind, with institutional investors appearing to rotate into Bitcoin amid perceptions of it as a hedge against fiat uncertainty.On the geopolitical front, President Donald Trump’s remarks about pursuing further discussions with Iran—potentially building on last week’s fragile two-week ceasefire—served as an immediate catalyst.Markets have interpreted this as a step toward a longer-term truce, reducing fears of escalation in the Middle East. As a result, oil prices have fallen below $100 per barrel, easing pressure on global energy costs and supporting gains in both equities and cryptocurrencies.However, caution persists around the Strait of Hormuz, a critical chokepoint for global oil shipments.Investors are awaiting clearer signals on operational stability in the region, as any disruption could quickly reverse the current risk-on sentiment.For now, Bitcoin’s momentum highlights its sensitivity to interconnected global developments, with trading volumes rising as bulls test fresh highs.Ethereum price forecastEthereum price has formed an ascending channel since early April, with prices respecting the 50-day exponential moving average (EMA) as dynamic support near $2,176.This level, coupled with the rising trendline of a potential triangle pattern, forms a robust foundation that bulls are defending vigorously. Buyers are now looking to turn the 100-day EMA ($2,356) into major support.Ethereum Price ChartEthereum price chart by TradingViewAmong the key bullish indicators is the Relative Strength Index (RSI) on the daily timeframe, which has climbed above 62. The RSI has yet to enter the overbought territory, signaling strong momentum without immediate exhaustion.Potential resistance looms at $2,800 and $3,370, which have acted as prior support and highs from January 2026.Conversely, failure here might trigger profit-taking, testing support at $2,000 and likely lower at $1,800.The post Ethereum briefly surges to $2,400 as geopolitical relief boosts crypto, stocks appeared first on CoinJournal.…

MEXC unveils EMBLEM Launchpool with 5,000,000 tokens in rewards.Four staking pools including exclusive new-user EMBLEM pool.Users can boost rewards by increasing trading volume thresholds.MEXC, the world leader in 0‑fee digital asset trading, will launch the EMBLEM Launchpool, running from April 15 to May 15, 2026 (13:00 UTC). Participants can stake eligible tokens during the event period to share a total of 5,000,000 EMBLEM in airdrop rewards.The Launchpool features four staking pools. The EMBLEM Staking Pool is exclusive to new users, offering a total of 1,500,000 EMBLEM in rewards. The MX Staking Pool, USD1 Staking Pool, and BTC Staking Pool are open to all users, offering 1,500,000 EMBLEM, 1,000,000 EMBLEM, and 1,000,000 EMBLEM in rewards, respectively.Participants can further increase their share of rewards through MEXC’s staking limit boost mechanism. By meeting designated trading volume thresholds during the event period, users can boost their maximum staking limit by up to 100%.MEXC Launchpool is an event platform that enables users to earn airdrops of popular or newly listed tokens by staking designated tokens, with staked tokens remaining redeemable at any time. The most recent USD1 Launchpool attracted nearly 2,000 users with a total staking volume exceeding 35 million USD1.The EMBLEM Launchpool reflects MEXC’s commitment to providing users with accessible opportunities to engage with emerging digital assets. Looking ahead, MEXC plans to continue rolling out diverse Launchpool events, bringing users more opportunities to discover and participate in quality projects. Furthermore, MEXC continues to strengthen its position as a universal gateway for global markets, built on the core pillars of “0 Fees” and “Infinite Opportunities”, with a commitment to lowering trading costs and expanding market access for users worldwide.To learn more and participate in the event, visit the MEXC Launchpool page.About MEXCMEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXCFor media inquiries, please contact MEXC PR team: media@mexc.comRisk Disclaimer:This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. SourceThe post MEXC launches EMBLEM Launchpool with 5,000,000 EMBLEM in airdrop rewards appeared first on CoinJournal.

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Ethereum price falls to $2,325 on profit-taking after rising to $2,416.The repeated rejection at $2,360–$2,400 resistance weakens the overall momentum.Breaking below the key support at $2,312 could send ETH toward $2,173.After a rally that pushed Ethereum close to $2,416, things quickly changed, and now ETH sits around $2,325.This sharp drop near $2,400 tells us a lot about where Ethereum’s headed next, at least for now.Pushback at $2,416 resistanceEthereum (ETH) initially surged about 10% in a sharp move that triggered liquidations and brought renewed attention to the token.After reaching around $2,416, momentum slowed, and the price began to pull back.In recent weeks, the $2,360–$2,400 range has consistently acted as a supply zone, with selling pressure emerging each time ETH approaches this level.Broader market conditions have also softened. Data from CoinMarketCap shows that the total crypto market capitalisation has declined by about 1.12%, alongside a drop in trading volumes.This suggests that traders who entered during the recent rally are taking profits, adding to near-term downward pressure on ETH.Capital rotation adds pressureAnother factor weighing on Ethereum (ETH) is the ongoing shift in market positioning.Bitcoin dominance has been trending higher, indicating that capital is rotating into Bitcoin rather than altcoins.This typically reflects a more defensive stance among investors.As the largest altcoin, Ethereum is often among the first to face pressure during such rotations.Even with relatively stable fundamentals, reduced capital inflows can limit its ability to sustain upward price momentum.This trend is also visible in the ETH/BTC ratio, which has struggled to stabilise.A recovery in this ratio would be needed to signal renewed confidence in altcoins. Until then, Ethereum may continue to underperform Bitcoin in the near term.$2,312 now a key battlegroundRight now, $2,312 stands out as a key support level. It’s not just psychological; it’s close to the 14-day moving average and already served as the floor during the recent dip.Ethereum price analysisIf the ETH price holds steady above $2,312, the door stays open for another run at $2,400.But if $2,312 gives way, things will start to look different, and bears will pick up momentum as bulls pull back.In that case, $2,173 will be the next spot to watch.Dropping from $2,312 to $2,173 will be a 6% slide, which is pretty standard after a strong rally; it is not something wild or out of the ordinary. It’s a realistic scenario if support breaks.If buyers can push the price above $2,416 and keep it there, that recent rejection fades away, and a rally starts to look more real.The short-term picture looks a bit bearish, although we’re not seeing panic selling yet; just uncertainty.Everything boils down to the $2,312 support level. If buyers hold it, there’s a chance for another run at resistance. If not, a 6% drop is on the table.The post Ethereum price outlook: ETH faces 6% downside risk if $2,312 breaks appeared first on CoinJournal.

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Hedera (HBAR) price is hovering near a fragile $0.08 support cluster.Losing $0.08 could open a move toward $0.07842 or lower.Upside only improves if the $0.0942 resistance is reclaimed.Hedera’s price has been drifting lower again, and the latest price action is starting to circle a level that traders are watching very closely.At around $0.0856, the token is down about 1.5% over the past 24 hours, with intraday trading ranging between $0.0846 and $0.0875.On the surface, it looks like a normal pullback in a weak market.But underneath, the structure is tightening around a critical zone that could decide whether the next move is stable consolidation or a deeper slide toward February’s lows near $0.072.HBAR price analysisNotably, the broader trend hasn’t been friendly to altcoins in general.Over the past week, Hedera has lost more than 6%, and the monthly decline is now above 12%.Even longer-term momentum remains negative, with the asset still significantly lower compared to where it traded a year ago.What makes the current situation more sensitive is that this weakness is happening without any strong internal catalyst.There has been no major ecosystem shock or technical breakdown tied to the project itself.Instead, the pressure is coming from a wider rotation out of altcoins and into safer assets, leaving tokens like HBAR more exposed to downside moves.Pressure builds around a fragile support zoneRight now, the most important area on the chart sits just below the current price.Short-term support has been forming around $0.0838, while another closely watched structural level sits at $0.08067.These two zones are effectively acting as a support cluster. If they hold, price action could continue to move sideways as traders wait for new catalysts.But the problem is that this cluster has already been tested indirectly through repeated dips and weak bounces.Each retest weakens confidence. If selling pressure increases again, there is very little structural support until lower levels come into play.Below this region, historical price data points to a more significant breakdown zone near $0.0703.That would represent a much deeper correction, but markets rarely move in straight lines.Before that level becomes relevant, traders are focused on a nearer and more psychologically important target: the February low at approximately $0.07270.If price loses the $0.08 region decisively, the path toward that February floor opens quickly.In thin or sentiment-driven markets, these levels tend to act like magnets.Upside potential is still there, but it needs confirmationDespite the current pressure, the structure is not entirely broken. There is still a clear resistance ladder above the market that could come into play if sentiment shifts.The first key level sits at $0.0942. A move back above this zone would signal that buyers are regaining control in the short term.Above that, the next resistance zones are located around $0.1051 and then $0.1174, marking progressively stronger recovery thresholds.However, the market is not in a position where upside levels are immediately relevant.Before any recovery attempt can take shape, the price needs to stabilise and reclaim lost ground. At the moment, that has not happened.Instead, each rally attempt has been smaller than the previous one, which is often a sign of weakening demand.HBAR price outlookThe near-term outlook now hinges on one simple condition: whether $0.08 holds or breaks.If buyers defend this area again, Hedera could continue ranging between the mid-$0.08s and low-$0.09s while waiting for a stronger catalyst. In that case, price action would likely remain choppy but contained.If $0.08 fails, however, the structure shifts quickly, and market projections place the next visible target as the February low at $0.07796, and below that, the broader support zone near $0.0727 comes into view.The speed of any drop would depend on how quickly liquidity disappears below current levels.But there is still one wildcard in the background: upcoming Hedera Hashgraph…

Key takeawaysBTC eases back from 76k, a monthly high.Technical indicators suggest further correction in the near term.Bitcoin has dropped below $74,000 after pulling back from a monthly high earlier this week. The cryptocurrency surged from $70K at the start of the week to hit $76K on Tuesday, before easing to its current level. Mixed signals for the crypto marketThe US Navy has confirmed a full blockade of Iranian ports, amplifying concerns over oil supply disruptions and pushing prices higher from three-week lows. However, President Trump has suggested that the conflict may be nearing an end, which has tempered further upside in oil prices and kept hopes of a de-escalation alive. In addition to that, treasury yields have been on a downward trend, supported by softer-than-expected PPI data for March, which rose 0.5% month-on-month, below the 1.2% forecast. This easing of inflation concerns benefits Bitcoin, as lower yields signal improving liquidity and reduce the opportunity cost of holding non-yielding assets like crypto.The US stock market has also been resilient, with the Nasdaq posting its tenth consecutive winning session, gaining nearly 10% in April. Crypto markets have mirrored this strength, with Bitcoin up approximately 8.5% so far this month. These parallel moves suggest that Bitcoin is increasingly trading as a macro-sensitive asset, responding to broader market sentiment rather than purely crypto-specific factors.Despite the current market conditions, institutional demand continues to support Bitcoin’s price action. Spot Bitcoin ETFs saw $411 million in net inflows on Tuesday, despite a $291 million outflow the previous day. This brings total net inflows for April to $741.9 million.The growing institutional acceptance of Bitcoin is further highlighted by Goldman Sachs’ filing with the SEC for a Bitcoin premium income ETF, signaling a deeper commitment to crypto from traditional finance. BTC could retest low support levelsThe BTC/USD 4-hour chart is bearish and efficient as Bitcoin is down by more than 1% in the last 24 hours. Currently, Bitcoin is trading within a rising channel that has been in place since early February. BTC is testing a key resistance level around $76K, which coincides with both the March high and the 23.6% Fibonacci retracement of the October high near $126K. BTC/USD 4H ChartIf the bulls regain control and Bitcoin embarks on a sustained break above $76K, it could target $80K, followed by $85K and the 200-day SMA at $88K.On the downside, Bitcoin has initial support near $71K, with stronger support at $69.6K, the 50-day SMA. A move below $65K would signal a lower low, indicating a shift in market sentiment.The post Bitcoin dips below $74K amid Middle East tensions and mixed market signals appeared first on CoinJournal.

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Key takeawaysDOGE is down 0.5% and continues to trade below the $0.10 psychological level.The coin has been consolidating and could rally higher in the near term. Dogecoin (DOGE), the largest meme coin with a market capitalization of $14.27 billion, represents over 0.50% of the $2.49 trillion cryptocurrency market as of Wednesday. Dogecoin underperforms despite a disinflationary modelDogecoin defends its inflationary model, stating that inflation will decrease gradually to 3.1% from 3.6% as the total DOGE supply increases. The assumption driving this claim is that demand for the meme coin will remain steady, supported by its robust community that uses DOGE for tipping, institutions launching DOGE-focused Exchange Traded Funds (ETFs), and its growing use in Decentralized Finance (DeFi) services.While the narrative suggests a stable demand, it may not guarantee sustained positive pressure on DOGE’s price.While Dogecoin’s fixed issuance model reduces inflation relative to the increasing supply, it does not necessarily reduce the overall supply, as deflation would. The continued minting of 5 billion DOGE per year could become a persistent downside risk, especially during periods of low demand.Dogecoin’s strategy emphasizes practical usage as a currency rather than hoarding, and it incentivizes miners to secure the network. However, the ongoing supply pressure may limit the effectiveness of this disinflationary model in the long term.In addition to this, institutional demand for DOgecoin remains muted. Since the launch of DOGE spot ETFs on November 24, there have been just 15 days of inflows, totaling a net asset value of $10.80 million. With 79 days showing no flows and two days with net outflows, institutional interest in DOGE remains limited.The Dogecoin Treasury currently holds just over 780.54 million DOGE, which represents 0.51% of the total DOGE supply. Gaining further institutional support is key for Dogecoin to progress into the global financial system, providing the demand necessary to support the disinflationary model.DOGE could rally above $0.10 if the bulls regain controlThe DOGE/USD 4-hour chart remains bearish and efficient despite the broader crypto market rallying recently. At press time, DOGE is trading at $0.094 after rejecting at the $0.098 swing high earlier this week.The RSI of 55 is above the neutral 50, indicating a fading bearish momentum. The MACD lines are also above the zero region, adding further bullish narrative to the pair.DOGE/USD 4H ChartIf the bulls regain control, DOGE could surpass the $0.098 swing high and hit the $0.10 psychological level for the first time since March 16.However, if the bearish correction persists, DOGE could retest the Sunday low of $0.09012 in the near term.The post Dogecoin stays below $0.10 despite deflationary model appeared first on CoinJournal.

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Fireblocks integrates Aave into its Earn feature, enabling institutional clients to earn yield on stablecoins.Aave founder Stani Kulechov highlights Aave’s resilience amid rising DeFi adoption.AAVE price analysis shows bullish positioning, with potential rally as adoption continues.Aave’s role in decentralized finance has received a major boost as Fireblocks unveils a new platform set to bring stablecoin yield to institutional clients.The enterprise platform’s new Earn feature now embeds Aave, enabling seamless yield generation on stablecoins for its vast institutional network.The AAVE token is up more than 5% in the past 24 hours, with bulls testing $105 amid broader gains across the cryptocurrency market.Why Aave and Fireblocks integration mattersAs noted, the enterprise platform Fireblocks has integrated Aave into its new Earn feature.The platform allows the over 2,400 institutions on Fireblocks to tap into DeFi via Aave-powered yield on their stablecoin balances.Earn thus allows Fireblocks customers to deploy their idle capital to work, and its traction could add to Aave’s adoption.The digital asset operations tied to the integration will bolster AAVE.“Aave has demonstrated resilience, transparency, and security across multiple market cycles, driving increased institutional participation,” said Stani Kulechov, founder of Aave Labs.“As institutions enter the space, access to deep, reliable liquidity becomes essential. With the Fireblocks Earn integration, institutions can now access Aave’s stablecoin liquidity directly within the familiar Fireblocks platform.”This move builds on Fireblocks’ handling of over $10 trillion in digital asset transactions and $6 trillion in stablecoin volume last year, representing a 300% year-over-year surge.Aave’s DeFi liquidity markets are available on Ethereum, Base, Arbitrum, and Optimism.Aave is now available as the primary yield source for Fireblocks Earn, accessible to all Fireblocks users. https://t.co/7FQtILJttJ— Stani (@StaniKulechov) April 15, 2026AAVE price analysisThis integration bolsters Aave’s position as DeFi’s leading lending protocol.Institutional capital via Fireblocks could drive sustained AAVE appreciation, enhancing liquidity depth and protocol utility.AAVE’s price surged following the Fireblocks announcement on April 15, 2026, reflecting market enthusiasm for institutional inflows.While the altcoin mirrored the performance of top coins, the news looks to have emboldened buyers.The token traded around $105 after bearish pressure reemerged near $110, but the dip in daily volume suggests sellers do not hold the sway.On the other hand, the technical picture shows bullish signals across key indicators.The Relative Strength Index (RSI) hovers near 55 on the daily chart. Exiting neutral territory indicates a potential bullish momentum before overbought risks kick in above 70.The MACD also reveals a histogram expansion amid a bullish crossover pattern.Aave Price ChartAave price chart by TradingViewOn the upside, 50-day and 100-day exponential moving averages (EMAs) offer the immediate resistance areas at $106 and $124. A short-term bullish structure would see AAVE surge to $164.However, downside risks include failure to hold $100, which could allow bears to target $89 and then $80 as primary support levels.The post Aave integration with Fireblocks strengthens institutional narrative appeared first on CoinJournal.

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Key takeawaysPEPE is up 9% in the last 24 hours, making it one of the best performers among the top 50 cryptocurrencies by market cap.The rally comes amid renewed interest from whales and retail investors. Pepe (PEPE) has extended its gains by roughly 9% at press time on Thursday, as the broader cryptocurrency market recovers from a risk-off sentiment following truce negotiations between the US and Iran.With large wallet investors, commonly referred to as whales, reaccumulating PEPE, and retail interest steadily rising, the frog-themed meme coin is gaining traction. PEPE rallies as the broader market recoversThe cryptocurrency market’s recovery is sparking a shift toward risk-on sentiment, with traders becoming more optimistic. This has led to renewed attention on meme coins, including Pepe. Data from CoinGlass shows that the PEPE futures Open Interest (OI) has surged by 20% in the past 24 hours, reaching $228.67 million. This increase suggests that more traders are betting on PEPE’s price to increase in the near term.Furthermore, large wallet investors holding over 100 million PEPE tokens are steadily rebuilding their positions, signaling a long-term bullish outlook. Santiment data reveals that investors with holdings ranging from 100 million to 1 billion PEPE tokens now own 10.64 trillion PEPE, up from 10.59 trillion on February 15. Investors with over 1 billion PEPE tokens now control 3.64 trillion PEPE, up from 3.60 trillion in late February, reinforcing the interest of whales in the asset.Technical outlook: Can Pepe sustain its rally?The PEPE/USD 4-hour chart continues to be bearish and inefficient despite rallying above the 50-day Exponential Moving Average (EMA) for the second consecutive day.PEPE is now trading at $0.000003877, testing the 100-day EMA at $0.00000411, with no clear directional bias. A decisive daily candle close above this level could pave the way for further gains, potentially reaching the 200-day EMA at $0.00000550.The Relative Strength Index (RSI) stands at 62, suggesting moderate momentum with potential room for further upside before entering overbought territory. PEPE/USD 4H ChartMeanwhile, the Moving Average Convergence Divergence (MACD) shows steady upward movement, supporting the bullish trend.However, if the bears regain control, PEPE’s key support lies at the 50-day EMA, near the broken trendline, at $0.00000364.The post Pepe (PEPE) surges 9%, drawing interest from whales appeared first on CoinJournal.

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Partnership cuts bond settlement time from two days to near real-time.Bond settlements will use blockchain to reduce risk and remove intermediaries.Impact expands into payments, liquidity, and treasury systems.Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest institutional investors, stepping into government bond settlement.This move signals a shift in how traditional financial infrastructure is being rebuilt.Instead of relying on legacy systems that take days to complete transactions, the partnership is focused on bringing government bond settlements onto blockchain rails, where transactions can be executed almost instantly.At the same time, the price of Ripple’s native token XRP is up 4.1% to $1.41 after stalling below $1.38 for a while following the announcement of the partnership.A move away from slow settlement systemsGovernment bond markets are among the most important pillars of any financial system. Yet, the infrastructure behind them has remained largely unchanged for decades.Today, settling bond transactions typically takes two days. This delay, often referred to as T+2, creates several inefficiencies.Capital remains locked during the waiting period, institutions face counterparty risk, and multiple intermediaries are required to complete a single transaction.The new system being developed in South Korea aims to remove these bottlenecks.By tokenising government bonds and settling them on-chain, transactions can move from a two-day process to near real-time execution.This reduces the need for intermediaries and allows both parties to complete transactions simultaneously, improving trust and transparency.For large institutional players like Kyobo Life, which manages tens of billions of dollars in assets, even small efficiency gains can translate into significant financial impact.Building institutional-grade blockchain infrastructureThe backbone of this initiative is Ripple’s custody and settlement technology, designed specifically for regulated financial institutions.This is not a public, open-ended blockchain experiment. It is a controlled, compliant system built to meet the standards of traditional finance.Security, auditability, and regulatory alignment are central to its design.The idea is simple: replicate the functions of existing financial infrastructure, but do it faster, with fewer layers, and with better visibility.Kyobo Life’s role in the partnership is equally important. As a major institutional investor, it brings real-world scale to the project.This is not a theoretical use case. It is a live test of how blockchain can support high-value financial instruments in a regulated environment.The project has already progressed beyond early-stage research.After initial proof-of-concept work in 2025, it has moved into a test environment, where the system is being evaluated under real-world conditions.By bringing government bond settlement onto blockchain, Ripple and Kyobo Life are laying the groundwork for a more efficient financial system. One where transactions are faster, risks are lower, and capital moves with fewer constraints.And if it succeeds, it could reshape not just how bonds are settled in Korea, but how financial markets operate more broadly.The post Ripple taps Kyobo Life to enable real-time government bond settlements in Korea appeared first on CoinJournal.

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Key takeawaysPancakeSwap is holding above the key support level at $1.55, hinting at an upside move ahead.Rising open interest alongside positive funding rates signals increasing participation.PancakeSwap (CAKE) is trading in the green above $1.60 on Thursday after finding support around this key level the previous day. Positive derivatives data, along with constructive price action, suggest that CAKE could continue its upward trajectory in the coming days.Bullish derivatives data pushes CAKE higherCoinGlass data reveals a sharp increase in the futures’ Open Interest (OI) for PancakeSwap, which rose to $32.48 million on Tuesday and climbed further to $32.28 million on Thursday, the highest level since March 17. The steady increase in OI signals that new money is entering the market, which could sustain CAKE’s ongoing price rally.Additionally, the funding rates are showing a positive shift, further supporting the bullish sentiment. CoinGlass’ OI-Weighted Funding Rate for CAKE turned positive on Wednesday and reads 0.0056% on Thursday. This indicates that long positions are paying short positions, further suggesting that the market sentiment remains bullish.PancakeSwap price forecast: momentum indicators suggest further rallyThe CAKE/USDT 4-hour chart is bullish and efficient, as Pancakeswap is trading at $1.60 at press time.The coin retains a constructive bias, supported by its positioning above the 50-day and 100-day Exponential Moving Averages (EMAs) at $1.46 and $1.57, respectively. CAKE’s current price action indicates that underlying demand continues to drive the recent advance, despite CAKE remaining below the 200-day EMA at $1.81, which marks the upper boundary of the broader corrective structure.The Relative Strength Index (RSI) on the daily chart is at 64, suggesting that while the price has firm upside momentum, it could be vulnerable to consolidation as it nears overbought territory. The Moving Average Convergence Divergence (MACD) remains positive, reinforcing the bullish short-term outlook.On the upside, initial resistance is found at the 50% retracement of the latest swing at $1.67, followed by the 61.8% Fibonacci level at $1.78 and a nearby horizontal resistance at $1.79. The 200-day EMA at $1.81 represents a more substantial barrier.CAKE/USDT 4H ChartHowever, if the bears regain control, immediate support lies at the 100-day EMA at $1.57, followed by the 38.2% retracement at $1.55. A deeper pullback could test the 50-day EMA at $1.46 and the 23.6% Fibonacci level at $1.40, with stronger structural support emerging near $1.28.The post (CAKE) tops $1.60, bullish sentiment grows amid rising Open Interest appeared first on CoinJournal.

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World Liberty Financial is reshaping WLFI token supply.About 4.52 billion insider tokens may be burned if the vote passes.WLFI token price stays volatile, driven by governance vote expectations.World Liberty Financial’s WLFI token has been in the spotlight after a major governance proposal that is expected to reshape the token’s supply structure.The proposal centres on unlocking 62.28 billion tokens over time while also burning about 4.52 billion tokens tied to insider allocations.The market reaction has been quick, mixed, and heavily driven by speculation rather than steady trend building.At the time of writing, WLFI traded around $0.081, slightly higher on the day by about 1%.However, the broader picture is less stable. Over the past week, the token has dropped more than 10%, and losses extend beyond 20% over the past month.Despite occasional intraday recoveries, the overall trend still reflects sustained pressure from earlier selloffs.A major shift in WLFI’s token structureThe core of the current debate is the proposed restructuring of a large portion of WLFI’s supply.Roughly 62.28 billion tokens that were previously locked will no longer remain in indefinite restriction.Instead, they would be released gradually over a multi-year period, estimated between four and five years.This change is important because it replaces uncertainty with a defined timeline.Investors will no longer have to guess if or when a large amount of tokens might enter circulation at once.Instead, the release becomes structured and predictable, which reduces the fear of sudden supply shocks.Alongside this unlock plan is a separate but closely connected mechanism: a burn of approximately 4.52 billion tokens.This burn is targeted mainly at insider allocations, including team and advisor holdings, and is expected to take effect only if participants accept the new governance terms.The combination of these two moves creates a balancing effect. On the one hand, more tokens are gradually introduced into the system.On the other hand, a portion is permanently removed from supply expectations.This dual approach is designed to ease concerns around dilution while still improving liquidity over time.Market reaction driven by speculation and vote expectationsThe market response to the proposal has been far from calm.WLFI has seen sharp bursts of trading activity, including sudden volume spikes that suggest short-term speculation rather than long-term positioning.In one instance, trading activity surged dramatically within a short window, showing how sensitive the token is to governance-related headlines.Price action has also been closely tied to broader crypto sentiment.Recent strength in the wider market has provided temporary support, helping WLFI hold small gains even as its medium-term trend remains weak.Still, these gains have not been strong enough to reverse the overall downward structure that has been in place for weeks.Whale activity has added another layer of volatility.Large holders have been seen both selling into strength and accumulating during dips, creating a choppy and unpredictable price environment.This kind of behaviour is typical when traders are positioning ahead of a major governance decision rather than reacting to long-term fundamentals.Short-term WLFI token price outlookIn the short term, WLFI’s direction appears tightly linked to the outcome of the ongoing governance vote.If support around $0.078 holds and the proposal gains approval, WLFI could attempt another move toward the $0.084 area, which has acted as a near-term resistance zone.This scenario would likely be driven by renewed confidence in the tokenomics restructuring and reduced fear of uncontrolled supply expansion.However, if the vote fails or sentiment weakens, the downside risk becomes more visible. A break below $0.078 could open the door to a retest of recent lows near $0.072.4.52B burn and 62.28B WLFI token unlock proposal drives tokenomics shiftIn that case, selling pressure could accelerate as traders unwind short-term…

BNB price hovers near $620 as bulls target a fresh short-term rally.The 35th quarterly burn has reduced BNB supply to 134.7 million.A shift in macro and geopolitical conditions could bolster BNB and other altcoins.BNB price traded to highs of $630 on Wednesday, recovering to intraday highs after earlier moves across crypto dented bulls’ plans.The rejection at the multi-week peak means the Binance Coin’s value is back near the $620 mark, where buyers are looking to pile in as the BNB Foundation reveals its second quarterly burn of 2026 has cut the native token supply to approximately 134.7 million.Could this supply squeeze help BNB price higher, or are short-term headwinds too strong for bulls?BNB supply drops amid quarterly burnAccording to the BNB Foundation, the 35th quarterly burn has permanently removed 1,569,307.34 BNB tokens valued at $1.02 billion from circulation.This means the total supply has dropped further, with the metric now at 134,786,916.53 and reinforcing the coin’s deflationary mechanism.On a bullish note, what this burn does is to advance BNB toward the 100 million token target.More than 40% of the initial supply has now been eliminated since BNB’s launch, with regular removals introduced in 2021. In January this year, Binance marked the 34th burn, which removed 1.37 million BNB worth $1.29 billion at the time.Surging on-chain metrics, such as all-time high daily active users and dApp usage, have directly boosted the burn’s scale amid growth in real-world assets, DeFi, gaming, and layer-2 ecosystems.$16,600,000,000 in tokenized assets on BNB Chain, making it a new ATH.According to @tokenterminal 👇 https://t.co/gFwSsV9Kis— BNB Chain (@BNBCHAIN) April 9, 2026BNB price analysisWhile BNB exploded in 2025, the past several months have seen the ecosystem token struggle with downside pressure. Controversial headlines and fear, uncertainty, and doubt (FUD) around Binance and its founder, Changpeng Zhao, have contributed to the downtrend since the highs of $1,300.Notably, the 54% dip from the ATH of $1,370 on October 13, 2025, aligned with overall losses for Bitcoin and Ethereum.Macroeconomic and geopolitical headwinds have largely capped BTC, with the latest uptick stalling around $76,000.Currently, BNB price lingers near $620, slightly off highs seen after the burn and in line with Bitcoin’s retest of the $74k level.Despite this outlook, a double-bottom formation at the $600 support zone points to bullish reversal prospects for BNB. Positive momentum indicators and fresh flows could strengthen this picture.If Bitcoin rides macro and geopolitical tailwinds to a new year-to-date peak, BNB could test resistance at $800.The supply zone coincides with the 50-week moving average; breaching it could propel prices to the $1,000-$1,200 hurdle.However, a close below $600 risks awakening more bears.If this mirrors a broader crypto downturn, the next support level could be around $530.The post BNB price outlook as quarterly burn cuts supply to 134.7M appeared first on CoinJournal.

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Chiliz price rose more than 13% to above $0.0433.Korea’s Naver Pay has onboarded nearly 1 million users to the Chiliz Chain.Top European teams with fan tokens have advanced in the UEFA Champions League.Chiliz (CHZ) rose more than 13% as investor momentum strengthened.The token’s price moved higher following a new milestone in Asia’s crypto adoption, while renewed excitement around European football also supported gains, pushing CHZ to its highest level this month.Chiliz Chain gets Korean boostChiliz is looking to gain traction in South Korea following a new integration with Naver Pay, the country’s dominant payment gateway.On Thursday, Chiliz announced that Naver is bringing its 33 million daily active users on-chain via Chiliz Chain, a move aimed at supercharging growth in the SportFi ecosystem.As part of the integration, Chiliz said its infrastructure layer—focused on fan engagement and tokenized sports experiences—has added nearly one million new participants in South Korea.More than 900,000 Naver Pay Wallets have already been created on the Chiliz Chain, enabling users to access fan tokens, digital collectibles, and blockchain-based sports rewards.The partnership represents a significant step in linking traditional fintech platforms with Web3 infrastructure, particularly in South Korea, a market known for its high cryptocurrency trading activity.CHZ Token gains as Europe’s football giants advance in UCLCHZ’s price action intensified amid UCL semifinal drama.The token surged by more than 13% intraday, peaking above $0.0433 and emerging as one of the top performers on the day. Gains aligned with a spike in trading volume, which had exploded 262% to over $175 million, as of writing, to signal robust investor enthusiasm.This rally coincides with Chiliz’s announcement on X that a Fan Token-backed team is assured a UCL final spot.Notably, Arsenal, Atletico Madrid, and Paris Saint-Germain (PSG) have all advanced to the semifinals, amplifying hype for their Chiliz-powered Fan Tokens.𝟏𝟎𝟎% 𝐋𝐎𝐂𝐊𝐄𝐃 𝐈𝐍. 🔒A Fan Token team is guaranteed a spot in the final.$AFC $ATM $PSG ⚡️ $CHZ pic.twitter.com/58DbhdHXzH— Chiliz – The Sports Blockchain (@Chiliz) April 15, 2026Fan Tokens, which let supporters vote on club decisions and earn rewards, saw heightened trading as fans rallied behind their teams.Chiliz price outlookAnalysts remain bullish on CHZ ahead of the 2026 World Cup in the United States, Canada, and Mexico, projecting a potential rally as the showpiece event draws closer.In the short-term, CHZ could climb to $0.06 if Korean onboarding sustains and UCL finals deliver fan token spikes.However, primary resistance sits at $0.045 and $0.05. On the downside, immediate support is likely at $0.038.Macro and geopolitical factors could catalyze broader market corrections, which means Chiliz’s price may swing alongside top coins.The post Chiliz price surges amid adoption in South Korea and UEFA Champions League excitement appeared first on CoinJournal.

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