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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/6NM25pq

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/B7rCHnz

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/kZKVxQo

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/Tyi4DAC

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/9a7P0C5

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/dsHiz2h

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/XAWI6lG

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/PWeqcUg

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.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/u2pPbgx

Key takeaways Pi Network’s PI token holds steady at $0.1730, up 4.5% from the previous day. The Pi Core Team’s upgrade to enable smart contracts, with a deadline set for April 27, is a potential catalyst. Pi Network’s PI token has managed to hold steady around $0.1770 as of Friday, adding a 4.5% gain from the previous day. The Pi Core Team (PCT) is driving momentum with the impending upgrade to the mainnet, which will enable smart contract functionality—expected to be a key catalyst for price movement.PI rallies ahead of the Protocol 22 upgradePI is up 4.5% in the last 24 hours, outperforming the broader cryptocurrency market. The rally comes after the Pi Core Team announced that April 27 is the final deadline for all mainnet nodes to complete necessary steps for remaining connected to the network, as part of the Stellar Protocol version 22 upgrade. While this upgrade will cause a brief 15-minute downtime during internal data transfer, it lays the groundwork for future improvements. Additionally, the full upgrade to version 26 is slated for June 22, ahead of Pi2Day on June 28.Will PI rally higher in the near term?The PI/USD 4-hour chart is bearish and efficient, trading above the $0.1770 level. However, Pi Network remains in a bearish posture, with the token still trading below the 50-, 100-, and 200-day Exponential Moving Averages (EMAs). The immediate resistance level is marked at $0.1785, corresponding to the 50-day EMA, followed by stronger resistance at $0.1865 (100-day EMA) and $0.2334 (200-day EMA).However, momentum indicators present mixed signals. The Relative Strength Index (RSI) at 71 is above the neutral 50 line, and is heading into the overbought region.PI/USD 4H ChartThe Moving Average Convergence Divergence (MACD) crossing above its signal line indicates growing bullish momentum. On the downside, key support is found at $0.1556, near the February 23 low, with further weakness potentially exposing $0.1310 if the market slips below this level.The post PI steadies at $0.1770 amid core team’s mainnet upgrade plans appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/4s1cpzF

Circle is accused of failing to freeze exploit-linked transfers.Approximately $230 million in stolen funds was routed through Circle’s USDC.Drift plans $147.5 million recovery backed by future revenue.Circle Internet Group, the issuer of the USDC stablecoin, is facing a class action lawsuit over its alleged failure to stop the movement of stolen funds linked to the Drift Protocol exploit.The lawsuit, filed by Drift investor Joshua McCollum at the US district court in Massachusetts on behalf of over 100 impacted users, centres on whether the company had both the ability and the obligation to intervene as the exploit unfolded.Lawsuit targets Circle’s role in fund transfersThe legal action stems from the April 2026 breach of Drift Protocol, a Solana-based decentralised exchange, where attackers drained roughly $285 million.A significant portion of those funds, estimated at around $230 million, was quickly converted into USDC.From there, the funds were moved across chains, primarily from Solana to Ethereum, using cross-chain infrastructure.The transfers were not instantaneous. They occurred over several hours and were split into more than 100 transactions.This detail sits at the centre of the lawsuit.Plaintiffs argue that Circle had a window of opportunity to act.According to the claim, the company could have frozen the affected wallets or halted the transfers, limiting the damage. Instead, the funds continued moving until they were fully out of reach.The case accuses Circle of negligence and of indirectly facilitating the loss by failing to act despite having the technical capability to do so.This argument is reinforced by previous instances where the company has frozen wallets tied to illicit activity, showing that such intervention is not only possible but already part of its operational toolkit.At its core, the lawsuit raises a difficult question: when a centralised entity operates within a decentralised system, where does its responsibility begin and end?Drift’s recovery planIn response to the exploit, Drift Protocol has outlined a structured recovery plan aimed at addressing user losses while rebuilding the platform’s liquidity and operations.The protocol is seeking to mobilise up to $147.5 million, with a significant portion backed by Tether and other ecosystem partners.This figure, however, should not be viewed as immediate compensation.A large share of the funding comes in the form of a revenue-linked credit facility estimated at around $100 million.This means the protocol will draw funds over time and repay them using future trading fees and platform revenue rather than distributing the full amount upfront.To manage user claims, Drift plans to issue a new recovery token, though its official name and final structure are yet to be confirmed.This token will be distributed to affected users and will represent their share of the recovery pool.It is expected to be transferable, allowing users to either hold it and wait for gradual repayments or sell it on secondary markets for immediate liquidity, likely at a discount.The recovery pool itself will not rely solely on external funding.It is designed to be continuously replenished through multiple sources, including protocol revenue, partner contributions, and any funds that may be recovered from the attackers.This creates a system where repayments are tied directly to the platform’s ability to restart operations and generate consistent trading activity.Despite these measures, there remains a clear shortfall.With total losses estimated at approximately $285 million and recovery efforts targeting up to $150 million, a large portion of user funds is not immediately covered.This gap highlights that users are unlikely to be fully reimbursed in the near term, and recovery will depend heavily on Drift’s long-term performance.To support a relaunch, part of the recovery framework is also focused on restoring liquidity.Incentives and financial support are being directed toward market makers to rebuild order books and improve trading…

RaveDAO token plunged 95% from $26 to under $1.RAVE launched in December 2025 on Binance Alpha.ZachXBT’s on-chain analysis also highlights MemeCore, River and MYX among questionable projects.RaveDAO (RAVE) has plunged below $1, erasing more than 95% of its earlier rally to an all-time high of $26.The sharp decline follows an investigation by blockchain analyst ZachXBT, which alleged clear signs of price manipulation.The findings have raised broader concerns about potential insider-driven schemes affecting multiple tokens listed on centralised exchanges, contributing to selling pressure across the segment.RaveDAO token dumps amid ZachXBT’s explosive allegationsZachXBT, a pseudonymous investigator celebrated for dismantling multimillion-dollar crypto frauds, took to X on April 18, 2026, to dissect RAVE’s suspicious trajectory.He pinpointed concentrated wallet activity controlling the token’s liquidity, engineering artificial pumps to trap retail buyers before orchestrated dumps.“RAVE launched in Dec 2025 on Binance Alpha with a 1B total supply. The addresses below, linked to the initial distribution, control ~95% of the RAVE supply,” the on-chain sleuth posted.Labelling it a textbook “pump-and-dump,” ZachXBT offered a $25,000 bounty for transaction proofs, urging platforms like Binance, Bitget, and Gate.io to launch probes.He notes that the exchanges acknowledged his call, a move that could mirror past successes in securing refunds and bans.Yet ZachXBT questioned why CEXs have waited for his call to acknowledge potential manipulation.“While it’s good the exchanges responded, I find it unlikely this activity wasn’t spotted internally before I raised it publicly.”RAVE’s price carnage unfolded mercilessly, plummeting from $26 to under $1 within 24 hours, with trading volume surging amid mass liquidations.Billions of dollars in market cap vaporised, leaving holders stunned. The declines saw the token’s value drop to lows of $0.50, where it hovered as of writing on April 20, 2026.Update: Three hours ago multisig 0x53d7 linked to the RAVE initial distribution which I flagged above sent ~23M RAVE ($23M) to two Bitget deposit addresses and the price dropped 40% from $1 to $0.6.Deposit addresses
0x26aC542f5a04D574580881723224DAcD1EDB9B45… pic.twitter.com/Qi1asiFWsB— ZachXBT (@zachxbt) April 19, 2026ZachXBT also hits other tokensThe potential price manipulation extends to similar tokens.“RAVE is not the only token with manipulation we have seen on major centralized exchanges,” he posted.“It’s just the most blatant, reaching a top 15 market cap within 10 days before dropping 95% in hours. Other projects with highly questionable price action recently include: SIREN, MYX, COAI, M, PIPPIN, RIVER.”According to ZachXBT, all projects have exhibited “highly questionable price action” and supply dominance by the team.MemeCore, RIVER and PIPPIN prices echoed the Rave token bleed, dumping double digits to erase recent gains.Some retail traders commented on ZachXBT’s post, noting this could be an opportunity to short. His response:I do not recommend shorting manipulated tokens with a high insider concentration.— ZachXBT (@zachxbt) April 20, 2026Data on CoinMarketCap showed M, River and Siren were down 7-9% in the past 24 hours as of writing.The post RaveDAO token crashes below $1 after ZachXBT exposes price manipulation appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/V7brk0e

Key takeawaysStellar is up 7% in the last 24 hours, making it the best performer among the top 20 cryptocurrencies by market cap.On-chain data, derivatives metrics, and momentum indicators collectively support a positive outlookStellar (XLM) is showing strong performance above critical resistance levels on Tuesday, as XLM found support around its respective resistance the previous day. With growing on-chain activity, positive derivatives data, and bullish momentum indicators, XLM is poised for potential upside.Bullish sentiment backed by on-chain and derivatives dataCryptoQuant’s latest summary suggests a neutral to bullish outlook for XLM, highlighting large whale orders and favorable conditions in spot markets.XLM is showing large whale orders with mostly neutral market metrics, reinforcing a bullish outlook.On the derivatives front, XLM is displaying positive funding rates. XLM’s OI-Weighted Funding Rate flipped positive on Monday, reaching 0.0032% on Tuesday. This positive rate suggests a bullish market sentiment, with longs paying shorts.XLM is showing promising signs of continued strength as it maintains momentum toward a potential breakout.XLM technical outlook: Rebounds from key supportThe XLM/USD 4-hour chart is bearish and efficient as Stellar is trading at $0.1815 at press time. The coin found support around the 50-day EMA at $0.165 the previous day. XLM is holding a constructive near-term bias as it stabilizes above the 50-day EMA and the broken descending trendline that now offers secondary support near $0.153. The current momentum indicators suggest that XLM could rally higher in the near term. The RSI on the 4-hour chart reads 71, just below the overbought territory. The MACD line is tracking above zero, suggesting buyers retain control while price stays capped above the 100-day EMA at $0.179.If the rally persists, immediate resistance would be found at the 4-hour TLQ of $0.194, followed by a more substantive barrier at the 23.6% Fibonacci retracement of the broader downswing at $0.201.A daily candle close above these levels would expose the 200-day EMA at $0.215, which defines a key medium-term hurdle.XLM/USD 4H ChartOn the downside, initial support is seen at the 100-day EMA of $0.179, with another major demand zone at the day’s open near $0.173. An extended bearish performance would expose the 50-day EMA at $0.165, with deeper protection at the former descending resistance line-turned-support around $0.153.The post XLM surges above key resistance level, bullish momentum builds appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/c8EOLAs

Key takeawaysDOGE is up 1% and is now trading at $0.095.The memecoin could rally towards the $0.10 psychological level in the near term.Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are all displaying signs of renewed strength on Tuesday, as bullish technical setups emerge across major meme coins. DOGE and SHIB are testing key resistance zones, with a close above these levels potentially signaling further upside. Meanwhile, PEPE continues its recovery, finding support near the crucial 50-day Exponential Moving Average (EMA), setting the stage for a potential rally continuation.Derivatives data support a bullish outlook for DogecoinDogecoin is up 1% in the last 24 hours and could rally higher in the near term amid a bullish outlook from the broader crypto market.Bitcoin has reclaimed the $76,000 level, while Ether is now trading above the $2,300 mark once again.Meanwhile, Dogecoin is looking to embark on a breakout above the $0.10 psychological level if the bullish trend persists.Dogecoin’s derivatives data suggests that the bulls are currently in control of the market. The futures Open Interest (OI) now reads $1.23 billion, up from the $986 million recorded on Monday. The increase in OI suggests that retail traders are opening more positions in anticipation of a bullish move by Dogecoin. Dogecoin could extend gains with a close above the 50-Day EMASimilar to other leading cryptocurrencies, the DOGE/USD 4-hour chart remains bearish and efficient. It has surpassed the 50-day EMA at $0.95 following its 2.4% rally on Monday. DOgecoin been consolidating beneath this resistance for over a month and briefly broke above it last week, but struggled to maintain support.If DOGE closes its daily candle above the $0.095 level and holds, the altcoin could extend its rally toward the 100-day EMA at $0.105. DOGE/USD 4H ChartThe Relative Strength Index (RSI) on the daily chart is at 52, above the neutral level of 50, signaling weakening bearish momentum. Furthermore, the Moving Average Convergence Divergence (MACD) indicator shows green histogram bars, reinforcing the positive outlook.On the downside, if DOGE fails to hold above the 50-day EMA, it could face a potential correction, bringing the price back toward the February 6 low of $0.080.The post Dogecoin shows renewed strength, eyes $0.10 appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/FZX190w

Arbitrum froze 30,766 ETH before it could be bridged out.Attacker moved 75,701 ETH and began routing funds to Bitcoin.Over $176 million is being laundered through multiple parallel flows.Arbitrum has frozen a significant portion of funds linked to the KelpDAO exploit, even as the attacker moves to push the remaining assets beyond reach.The Arbitrum Security Council confirmed it froze 30,766 ETH, valued at over $70 million at the time of action.The funds were tied to an address associated with the KelpDAO attacker and were secured before they could be bridged out of the network.The intervention came after coordination with law enforcement, suggesting authorities may already have leads on the exploiter’s identity.The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times,…— Arbitrum (@arbitrum) April 21, 2026A race against timeBlockchain investigators, including PeckShield, had flagged that the attacker was already attempting to move the funds off Arbitrum using a native bridge.Had that transfer been completed, the ETH would likely have joined a much larger pool of stolen assets already in circulation across other chains.By intervening when it did, Arbitrum prevented roughly 29% of the stolen funds from entering the laundering pipeline. However, the remaining assets were not as fortunate.The KelpDAO exploit itself is estimated at around $290 million, making it one of the largest decentralized finance breaches of 2026.The attacker moved quickly after the initial exploit, splitting funds across multiple wallets and chains in an effort to reduce traceability.Laundering shifts to BitcoinFollowing the freeze, the attacker accelerated efforts to move the remaining funds.Data shows that approximately 75,701 ETH, worth about $175 million, was transferred to Ethereum mainnet.From there, the funds began moving into Bitcoin through decentralized protocols like THORChain, Chainflip, and Umbra Cash, which allow direct cross-chain swaps without relying on centralized exchanges.#PeckShieldAlert The @KelpDAO exploiter has begun laundering stolen funds (~$176M). They have started bridging small batches of funds from #Ethereum to $BTC via @THORChain, @UmbraCash, @chainflip, and @BitTorrent. pic.twitter.com/4cm8dOjTWL— PeckShieldAlert (@PeckShieldAlert) April 21, 2026PeckShield analysts observed that the attacker left only about 0.7 ETH in some wallets, just enough to cover transaction fees, while draining the rest into new routes.This pattern reflects a high level of operational discipline and planning.Another $176 million portion of the stolen funds has also been actively moved in parallel transactions.Rather than laundering everything in a single flow, the attacker appears to be running multiple streams at once.This staggered approach reduces the risk of a single point of failure and makes recovery efforts more difficult.Is the infamous North Korea’s Lazarus Group linked to the KelpDAO exploit?The scale and coordination of the operation have led investigators to link the exploit to North Korea’s Lazarus Group, specifically a subgroup known as TraderTraitor.This attribution is based on transaction patterns and laundering techniques that match previous operations tied to the group.Lazarus has a long history of targeting crypto platforms and using complex cross-chain strategies to obscure stolen funds.The use of decentralized bridges and rapid asset conversion seen in the KelpDAO case fits that pattern closely.The post Arbitrum freezes 30K ETH in KelpDAO hack as attacker routes funds to Bitcoin appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/o4Zl6gH

Coinlocally expands into tokenized equities with 10 new stock trading pairs.Users can trade major stock tokens against USDT with zero fees for one month.Move aligns with rising interest in RWAs and blockchain-based financial products.Coinlocally today launched 10 new tokenized stock pairs on its trading platform and introduced a zero-fee trading campaign for all newly-listed stock pairs. The new listings include widely recognized companies such as Tesla, Amazon, Apple, NVIDIA, and Alphabet. Starting on April 14, users can trade TSLAX, COINX, AMZNX, AAPLX, NVDAX, GOOGLX, MCDX, HOODX, METAX, and CRCLX against USDT with zero trading fees through May 14, 2026. This new group of listings gives users exposure to some of the most closely Marco watched names across technology, consumer internet, and digital finance, while keeping that access within Coinlocally’s existing trading environment.Tokenized real-world assets (RWAs) continue to grow across the digital asset market, with more than $26 billion in distributed on-chain value. At the same time, interest in tokenized equities has been building as more companies look at blockchain-based versions of traditional financial products. Coinlocally’s new listings arrive as tokenized stocks begin to attract wider attention from both crypto platforms and traditional market infrastructure players.“We want users to be able to access newly-listed tokenized stock markets without extra cost during the launch period,” said Sam Baumann, COO at Coinlocally.Listing these pairs with zero-fee trading is a practical way to make the product easier to try and more accessible to a wider range of traders.The rollout reflects Coinlocally’s broader strategy of connecting traditional market exposure with digital asset trading. The platform supports more than 600 digital assets across spot, margin, and futures markets, with tools for both retail and professional users. The new tokenized stock pairs expand that offering by bringing another set of familiar market names onto the platform.Coinlocally has also been building out a wider product ecosystem beyond its main trading markets. In addition to spot and derivatives trading, the platform offers services such as P2P trading, Earn, Launchpad, and educational resources aimed at users with different levels of experience. Within that broader mix, the new stock pairs give users another way to access tokenized versions of traditional assets without leaving the platform. Users can visit Coinlocally’s trading platform to explore the newly listed tokenized stock pairs and start trading with zero fees.About CoinlocallyFounded in 2020, Coinlocally is a global fintech and digital asset exchange offering secure, fast, and transparent access to cryptocurrency and forex markets. With high liquidity and advanced trading tools, including spot, futures, bot trading, grid strategies, and copy trading, the platform serves both beginners and professional traders worldwide. Coinlocally’s mission is to bridge traditional finance with the emerging world of decentralized finance, empowering users with greater control of their assets through a compliance-driven, seamless transition from centralized (CEX) to decentralized (DEX) trading and broader Web3 innovation.For more information, users can visit coinlocally.com or follow Coinlocally on Telegram or X.The post Coinlocally lists Tesla, Amazon, Apple token pairs, launches zero-fee trading appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/fmWR9Sn

Key takeawaysBitcoin price rallies higher, trading above $78,000 on Wednesday after surging nearly 6% so far this week.US-listed spot ETF recorded a mild inflow of $11.84 million on Tuesday amid uncertainty over US-Iran peace talks.Bitcoin (BTC) extended its gains on Wednesday, trading above $78,000 after a significant 6% surge this week. BTC showed relatively muted institutional demand on Tuesday, with Bitcoin spot Exchange Traded Funds (ETFs) adding $11 million in inflows.Bitcoin’s price was buoyed by both geopolitical developments and the US Treasury’s buyback plan, which could inject additional liquidity into markets and further support Bitcoin’s price momentum.Ceasefire extension pushes BTC’s price higherBitcoin’s positive momentum was fueled by the extension of the two-week ceasefire announced by US President Donald Trump late Tuesday. The ceasefire, which was set to expire on April 22, was extended upon Pakistan’s request until Washington receives a unified proposal from Tehran. While Trump emphasized that the US blockade of Iranian seaports would remain in place, the ceasefire extension triggered a broad risk rally, driving Bitcoin to its highest price since February 3, reaching $78,452.Market liquidity is expected to receive a significant boost this week, as the US Treasury is poised to buy back $15 billion of its own debt—matching the largest buyback in history. This move could provide fresh liquidity to the markets, creating favorable conditions for Bitcoin. As a liquidity-driven asset, Bitcoin could benefit from the influx of excess capital, which often flows into risk assets and alternative stores of value.However, Bitcoin spot ETFs recorded a modest inflow of $11.84 million on Tuesday, down from $238.37 million the day before.
This cautious approach reflects investor uncertainty surrounding the ongoing US-Iran peace talks. However, if ETF inflows continue to increase, Bitcoin could see further upside potential.Bitcoin price outlook: Bullish bias remainsThe BTC/USD 4-hour chart remains bullish in the near term as Bitcoin is trading above both the 50-day and 100-day Exponential Moving Averages (EMAs) at $72,345 and $75,368, respectively.The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) remain constructive, suggesting that buyers are in control.Resistance levels lie at the 50% Fibonacci retracement near $78,962, followed by the psychological $80,000 level and the 200-day EMA at $82,769. BTC/USD 4H ChartOn the downside, initial support is expected around the prior channel top at $75,680, with further protection from the 100-day EMA at $75,368 and the 38.2% Fibonacci level at $74,487. The 50-day EMA at $72,345 and the lower channel boundary near $62,950 provide deeper support.The post Bitcoin surges above $78k amid ceasefire extension and liquidity boost appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/xL8NCde

Key takeawaysPepe extends gains on Wednesday, stretching its rally from the 50-day EMA.Derivatives data show heightened retail activity as risk-on sentiment returns to the market.Pepe (PEPE) is experiencing a steady rally on Wednesday, trading in the green for the third consecutive day. The frog-themed meme coin is gaining traction as broader market sentiment improves, lifting retail demand for meme coins.Market sentiment boosts meme coin demandThe broader market’s upside, despite ongoing geopolitical tensions surrounding the US-Iran blockade of the Strait of Hormuz and faltering peace talks, is boosting retail interest in meme coins. According to CoinMarketCap, the Fear and Greed Index is at 62 on Wednesday, showing a consistent rise in risk appetite since the US-Iran ceasefire announcement.On the derivatives side, the PEPE futures Open Interest (OI) stands at $213.25 million, with a 7% increase in the last 24 hours. This surge in futures positions indicates growing participation from traders, aligning with the recovery in the spot price—further supporting a bullish outlook for PEPE.Pepe tests breakout of key resistance levelThe PEPE/USD 4-hour chart is bullish and efficient as Pepe’s short-term recovery remains intact, with a three-day rebound from the 50-day Exponential Moving Average (EMA) at $0.00000368.However, PEPE is still trading below the 100-day and 200-day EMAs, which could cap the ongoing rally.The Relative Strength Index (RSI) at 60 is edging higher from the midline, indicating mild positive momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) remains above its signal line, keeping the histogram bars positive.At press time, PEPE is trading at $0.00000393. If the rally should continue, PEPE must break above its descending trendline near $0.00000400, close to the 100-day EMA at $0.00000404. PEPE/USD 4H ChartA breakout above this level could pave the way for a rally toward the 200-day EMA around the $0.00000500 psychological resistance. On the downside, the 50-day EMA at $0.00000368 provides immediate dynamic support, with further downside protection at the February 6 low of $0.00000311.The post PEPE surges 4% as market sentiment improves, eyes Key resistance breakout appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/hIPRWNE

Justin Sun says WLFI froze 2.94 billion tokens and removed voting rights.Lawsuit filed after failed attempts to resolve the dispute privately.WLFI has introduced a Governance proposal that may lock tokens for non-consenting holders.Justin Sun has filed a lawsuit in a California federal court against World Liberty Financial (WLFI), alleging that the project froze his holdings of 2.94 billion WLFI tokens and stripped him of key investor rights without justification.The move escalates a growing dispute between one of crypto’s most recognisable entrepreneurs and a project that has positioned itself around decentralised governance and early-stage token distribution.In his public statement, Sun confirmed that he is seeking legal protection of his rights as a WLFI token holder.Sun also emphasised that the lawsuit does not change his political stance or his support for the Trump administration’s pro-crypto direction. According to him, the dispute is strictly about investor treatment and token governance, not politics.Frozen tokens and removed voting rightsAt the centre of the case is Sun’s claim that WLFI froze all 2.94 billion of his tokens (540 million of unlocked tokens and 2.4 billion locked tokens). He argues that this action made it impossible for him to transfer, sell, or otherwise use his holdings.The value of the holdings has dropped from over $107 million at the September 2025, when they were frozen, to around $43–$60 million by April 2026.Sun also alleges that WLFI removed his governance voting rights tied to those tokens. This means he was unable to participate in key decisions affecting the protocol, including recent governance changes introduced by the project team.Sun further claims that WLFI went beyond freezing his position and threatened to permanently destroy part of his holdings through token “burning.”According to his statement, these actions were taken without clear justification and without providing him a fair opportunity to respond.He also says he attempted to resolve the issue privately with WLFI before taking legal action. However, he claims the project team refused to restore access to his tokens or reinstate his governance rights, leaving him with no option but to proceed to court.Sun has described his position as straightforward: he wants to be treated the same as other early investors who received WLFI tokens, without special privileges and without restrictions that are not applied equally.Justin Sun also disagrees with WLFI’s Governance proposalThe legal conflict comes alongside disagreement over a WLFI governance proposal released on April 15.Sun has openly opposed the proposal, arguing that it introduces conditions that could lock users’ tokens indefinitely if they do not actively accept new terms.The proposal reportedly includes a requirement for 10% of advisor tokens to be permanently burned. It also introduces a structure for early purchaser tokens involving a two-year cliff followed by a two-year vesting schedule.Under the same framework, users who do not explicitly accept the new terms could have their tokens locked indefinitely.Sun has raised concerns that this creates an uneven system where investor rights depend on active consent after the fact. He also pointed out a structural conflict in his own situation.Because his tokens are currently frozen, he says he cannot vote either in favour of or against the proposal, despite being directly affected by it.This has added another layer to the dispute, as governance participation is typically considered a core function in token-based systems.World Liberty Financial (WLFI) positionWLFI has pushed back against Sun’s claims, arguing that token restrictions were applied due to internal concerns related to security and compliance.The project maintains that its governance mechanisms include administrative controls that can be used to protect the platform and its participants.The disagreement highlights a broader tension in crypto governance systems, particularly in projects that market themselves as decentralised…