Key takeawaysDOGE is down by nearly 6% and is now trading below $0.08.The bearish performance comes as retail traders reduce their exposure to the market. DOGE extends losses after failed breakoutDogecoin (DOGE) continued to face downward pressure on Tuesday, trading below $0.08 after failing to break above a key resistance zone. The meme coin has now dropped more than 10% over the past week, reflecting weakening momentum across both spot and derivatives markets.Market data suggests that institutional participation in Dogecoin remains weak. According to SoSoValue data, spot Exchange Traded Funds (ETFs) linked to DOGE have shown little activity since early June, signaling a decline in demand from larger investors.A continuation of negative or absent ETF flows could further weigh on price action, increasing the risk of additional downside volatility.Sentiment around Dogecoin has also weakened on social platforms. Santiment’s Social Dominance metric, which tracks the share of cryptocurrency discussions focused on DOGE, fell to 0.095% on Tuesday. This level is close to early June lows and reflects a sharp decline in market attention.The drop suggests fading enthusiasm among retail traders, often a key driver of momentum for meme-based cryptocurrencies.Futures and options data further reinforce the cautious outlook. CoinGlass reports that Dogecoin’s long-to-short ratio fell to 0.80 on Tuesday, near its lowest level in over a month.A ratio below 1 indicates that more traders are positioning for price declines than gains, highlighting growing bearish sentiment in the derivatives market.DOGE price outlook: Key levels in focusDogecoin was trading around $0.07948 at the time of writing, maintaining a bearish short-term structure. The price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), which are clustered between $0.093 and $0.114, reinforcing downside pressure.Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits at the oversold territory near 29, suggesting selling pressure is stretched. However, the Moving Average Convergence Divergence (MACD) shows only mild stabilization, not a confirmed reversal.On the upside, immediate resistance is seen near $0.0885, followed by the 50-day EMA at $0.0926 and the 100-day EMA at $0.0982.DOGE/USD 4H ChartA stronger recovery would require a break above the descending trendline near $0.1000, with further resistance at $0.1027 and the 200-day EMA around $0.1138.On the downside, the critical support level remains the recent yearly low at $0.0776. A decisive break below this level could open the door for a move toward $0.0700, where buyers may attempt to re-enter the market.The post Dogecoin slides below $0.08 as bearish signals intensify across markets appeared first on CoinJournal.

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Key takeawaysCryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days for PI.The coin is down 4.5% in the last 24 hours and now trades below $0.1300. PI extends losses amid weak market conditionsPi Network (PI) traded in the red on Tuesday, falling below the $0.1300 level as selling pressure intensified across the broader crypto market. The token is now testing a breakdown of a rising support trendline, signaling growing bearish momentum.Market data suggests that sellers remain firmly in control in the spot market. CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days, indicating that sell orders have consistently outweighed buy orders. This pattern points to sustained distribution and weakening demand for PI.At the same time, broader market sentiment is also deteriorating. The CoinMarketCap Fear and Greed Index currently sits at 20, reflecting “Extreme Fear” conditions. Such risk-averse environments often weigh heavily on speculative and community-driven assets like Pi Network.PI technical breakdown signals bearish shiftPi Network has extended its bearish structure after dropping below the 50-period Exponential Moving Average (EMA) at $0.1335 on the 4-hour chart, as well as the $0.1300 psychological level.The breakdown below a rising support trendline near $0.1300 is a key technical development, with a confirmed close beneath this level potentially validating a bearish reversal.Following the breakdown, price action now risks deeper declines toward key Fibonacci levels. Immediate downside focus lies at the 78.6% retracement level near $0.1251, based on the move from $0.1532 to $0.1184.If selling pressure continues, the next support levels include the swing low at $0.1184, followed by the 127.2% Fibonacci extension around $0.1103.Technical momentum indicators continue to favor sellers. The Relative Strength Index (RSI) on the 4-hour chart has dropped to 38, approaching oversold territory.Meanwhile, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, reinforcing bearish momentum despite the possibility of a short-term technical rebound.On the upside, immediate resistance is clustered around the $0.1300 region, which now aligns with the broken trendline. PI/USD 4H ChartThis is followed by the 50-period EMA at $0.1335 and the 50% Fibonacci retracement level at $0.1346.Further resistance levels include the 200-period EMA near $0.1390 and the 78.6% retracement at $0.1441, which would need to be cleared for any meaningful bullish recovery to take shape.The post Pi Network slips below $0.1300 as sellers tighten control appeared first on CoinJournal.

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Key takeawaysThe Ethereum Foundation has reduced its workforce by 20% following the completion of a major reorganization.ETH is up by 1% and is now trading above $1,650.The Ethereum Foundation (EF) has completed a broad organizational restructuring that includes reducing its workforce by approximately 20%, affecting 54 employees across multiple teams.In a blog post published Tuesday, the Foundation said the changes conclude a months-long reorganization process tied to the implementation of its updated mandate and treasury management strategy.Ethereum Foundation introduces new organizational structureAs part of the overhaul, the EF has reorganized its operations into five core clusters: Protocol Layer, Access Layer, User Layer, Community Layer, and Institutional Layer. Two additional clusters will oversee management and operational functions.According to the Foundation, each cluster has been designed with specific responsibilities, accountability frameworks, and internal structures tailored to its objectives.“Each domain of work requires a different approach, is held accountable for different kinds of results, and has a different internal structure tailored to the work that needs to be done,” the EF stated.Ethereum co-founder Vitalik Buterin revealed in a post on X that the workforce reduction comes as the Foundation pursues a significant spending reduction strategy.The EF plans to lower annual spending from approximately 15% of its remaining treasury before 2026 to a long-term target of 5% after 2030. As part of this effort, the Foundation is reducing its budget by roughly 40% this year.Buterin acknowledged the human cost of the restructuring, rejecting the notion that the layoffs were simply an efficiency exercise.“Often, when an organization goes through something like this, people try to pretend that nothing of great value was lost,” Buterin wrote. “I will not try to pretend this. I respect my EF colleagues far too much to pretend that there was not much that is lost.”The Foundation said affected employees will receive severance packages and transition assistance, similar to support provided to previous departing team members.Ethereum price forecast: ETH risks further decline below key supportEthereum continues to face downside pressure, with liquidation data highlighting persistent weakness in market sentiment.On the 4-hour timeframe, ETH continues to trade below its 20-day, 50-day, and 100-day Exponential Moving Averages (EMAs), located near $1,753, $1,901, and $2,064, respectively.The cryptocurrency also remains below a previously broken descending trendline around $1,729 and a key horizontal resistance zone near $1,741. These technical barriers suggest the broader bearish structure remains intact.Ethereum is now approaching the important support level at $1,611 after being rejected near the convergence of the descending trendline and the 20-day EMA.ETH/USD 4H ChartA decisive break below $1,611 could expose the next major support zone at $1,524. If selling pressure intensifies, additional downside targets emerge at $1,404 and potentially $1,155.Unless buyers reclaim key resistance levels, Ethereum’s price action remains vulnerable to further losses in the near term.The post Ethereum reclaims $1,650 as Ethereum Foundation cuts 20% of workforce appeared first on CoinJournal.

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Key takeawaysRisk sentiment across financial markets remained fragile following conflicting statements from US and Iranian officials.XRP risks dropping below $1.0 if the bearish trend persists. Ripple’s XRP remained under pressure on Wednesday, trading below $1.10 and maintaining a broader bearish outlook. The remittance-focused cryptocurrency failed to extend an early-week recovery attempt as investors reacted to renewed geopolitical uncertainty surrounding negotiations between the United States and Iran.Mixed US-Iran signals fuel market uncertaintyRisk sentiment across financial markets remained fragile following conflicting statements from US and Iranian officials after the first round of peace negotiations held in Switzerland.US Vice President JD Vance said late Monday that Iran had agreed to allow inspectors from the International Atomic Energy Agency (IAEA) back into the country. However, Iranian authorities disputed the claim, insisting that Tehran had made no additional commitments during the discussions.Iran’s chief negotiator, Mohammad Bagher Ghalibaf, stated that the United States had agreed to release approximately $12 billion in frozen Iranian assets.Meanwhile, Donald Trump warned reporters that Washington would take further action if Iran failed to comply with the terms of any agreement.The conflicting messages have contributed to risk-off sentiment across cryptocurrency markets, limiting demand for digital assets and reinforcing bearish pressure on XRP.Investor sentiment across the cryptocurrency market remains weak despite a slight improvement in confidence levels.The Crypto Fear & Greed Index registered a reading of 23 on Monday, remaining firmly in “Extreme Fear” territory. While the index improved marginally from 20 recorded a day earlier, market participants continue to adopt a cautious stance amid macroeconomic and geopolitical uncertainties.The subdued sentiment suggests that traders remain reluctant to aggressively accumulate risk assets, increasing the likelihood that short-term rallies could face selling pressure.XRP price forecast: Bears continue to control the trendFrom a technical perspective, XRP continues to exhibit a bearish structure on the daily timeframe.The token is trading well below its key Exponential Moving Averages (EMAs), including the 50-day EMA at $1.25, the 100-day EMA at $1.35, and the 200-day EMA at $1.56.XRP also remains below the middle Bollinger Band near $1.15, reinforcing the current downward bias.Momentum indicators further support the cautious outlook. The Relative Strength Index (RSI) sits around 38, signaling weak bearish momentum without yet reaching oversold conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram remains slightly positive around the zero line, indicating tentative stabilization rather than a decisive trend reversal.For XRP to regain bullish momentum, buyers must overcome several important resistance zones.The first hurdle lies at the Bollinger Band midpoint near $1.15, followed by resistance at the upper Bollinger Band around $1.22.Beyond that, the 50-day EMA at $1.25 and a descending trendline near $1.28 create a significant supply zone. Additional resistance levels are located at the 100-day EMA around $1.35 and the 200-day EMA near $1.56.A successful break above these barriers would be required to shift the broader market structure back toward a bullish outlook.On the downside, XRP’s immediate support is located near the lower Bollinger Band at $1.07.A decisive breakdown below this level could accelerate selling pressure and expose the token to a retest of the recent support zone around $1.05.XRP/USD 4H ChartShould bearish momentum intensify further, traders may look toward the psychologically important $1.00 level as the next major area of demand.Until buyers reclaim key resistance levels, XRP remains susceptible to additional downside risk in the near term.The post XRP struggles below key resistance amid geopolitical tensions appeared first on CoinJournal.

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KuCoin Pay expands crypto payments to Bangladesh, Mexico, and Zambia.Platform links stablecoins with local banks and mobile money rails.KuCoin targets real-world crypto use in high-growth emerging markets.KuCoin Pay, the cryptocurrency payment platform developed by KuCoin, has expanded its transfer-based payment capabilities across Bangladesh, Mexico, and Zambia.The move aims to connect digital assets with widely used local payment systems in high-growth markets.The rollout integrates cryptocurrencies and stablecoins with established banking and payment networks across the three markets.These include the bKash and Nagad mobile payment platforms in Bangladesh, SPEI-compatible bank transfer routes in Mexico, and mobile money services offered by MTN Group and Airtel Africa in Zambia.The expansion reflects the growing role of local bank transfers and mobile money services in emerging economies, where consumers increasingly rely on these systems for salary payments, remittances, merchant transactions, and peer-to-peer transfers.Integration with local financial infrastructureKuCoin Pay said its platform is designed to integrate digital assets with familiar financial systems, reducing the complexity often associated with moving cryptocurrencies into everyday financial activity.The company noted that its technology supports localized payment routing through deep integration with local banking and payment rails.Rather than requiring users to navigate complex backend processes, the platform identifies appropriate payment routes through a unified technical interface.According to the company, this approach allows digital asset transactions to function more like traditional e-wallets, mobile money services, or local bank transfer tools.By connecting cryptocurrencies and stablecoins with existing financial infrastructure, KuCoin Pay aims to make digital assets more practical for real-world use cases while reducing friction and simplifying the transfer process.Focus on practical crypto applicationsKuCoin executives said payments represent one of the most important pathways for digital assets to gain broader utility within the real economy.“Crypto is emerging as a new asset class with growing relevance in the real economy, and payments are one of the most important ways for this value to reach users,” said Alicia Kao, Managing Director of KuCoin.“Through KuCoin Pay, we are building trusted and localized connections between digital assets and existing banking, mobile money and transfer rails. By integrating crypto with the financial systems people already use, we are helping digital assets move beyond holding and trading into practical financial activity, while supporting more inclusive and future-ready financial ecosystems in high-growth markets.”The company said the expansion is intended to improve accessibility to digital assets by enabling users to interact with cryptocurrencies through payment systems they already use in their daily lives.Further expansion plannedLooking ahead, KuCoin Pay said it plans to continue expanding compatibility with local banking and payment systems in additional markets.The company also intends to improve technical response speeds and broaden practical cryptocurrency payment applications across supported regions worldwide.The latest expansion underscores a broader industry trend toward integrating digital assets with existing financial infrastructure, particularly in emerging markets where mobile money and local transfer networks play an increasingly central role in everyday commerce and financial inclusion.The post KuCoin Pay expands crypto payments across Bangladesh, Mexico, Zambia appeared first on CoinJournal.

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World expands AgentKit for verified AI agents using World ID.AI agents can act online on behalf of verified human users.System aims to prevent bots while enabling trusted automation.World is expanding access to AgentKit, its framework designed to create human-verified AI agents and allow individuals to connect those agents to a verified World ID.The system enables AI agents to act on behalf of users across the internet while maintaining identity verification through World’s network.The development comes as AI agents become increasingly capable of performing online tasks such as shopping, making reservations, navigating websites, and interacting with digital services.This growing capability has created a challenge for businesses in distinguishing between agents representing real users and automated bot networks.AgentKit is positioned as a response to that issue by linking AI agents directly to World ID, allowing websites and applications to verify when an agent is acting on behalf of a unique human.The framework is designed to support task delegation while maintaining safeguards tied to identity verification and user control.How AgentKit links AI agents to verified identityTo begin using AgentKit, individuals require a verified World ID, access to World App, and a supported AI agent, including tools such as Claude Code, Codex, Cursor, Hermes, or OpenClaw.Users connect their proof of human through World’s ToolRouter interface, generate an API key, and link their AI agent within minutes.Once connected, the agent can interact with services that support AgentKit and perform tasks on behalf of the user.The system is designed to allow individuals to delegate digital tasks to AI agents while preserving controls tied to verified identity.According to the framework description, this structure is intended to ensure that AI activity remains attributable to a real human user rather than anonymous or automated systems.Demo shows real-world use caseThe technology was recently demonstrated through a limited-edition release of 500 “Human in the Loop” hats available exclusively to verified World ID holders.During the demonstration, AI agents discovered the drop, verified eligibility, navigated the storefront, and completed purchases on behalf of users while maintaining one-item-per-person limits tied to verified identities.All 500 hats were claimed by verified individuals across multiple countries, including the United States, Germany, Japan, and the United Kingdom.The demonstration was used to show how AI agents can execute real-world transactions while preserving identity-based constraints designed to limit abuse.The example highlighted how businesses could allow AI agents to complete tasks on behalf of users while still preventing exploitation by bot networks.Building a trust layer for the agent economyAs more services integrate AgentKit, World aims to create what it describes as a trust layer for an emerging agent economy.The goal is to enable AI agents to transact and interact online while remaining accountable to the humans they represent.The system is intended to support a growing range of use cases where AI agents operate autonomously but within a framework of verified identity and user authorization.This includes both commercial applications and broader digital service interactions.The World project was originally conceived by Sam Altman, Max Novendstern, and Alex Blania, and aims to provide proof of human, finance and connection for every human in the age of AI.The company says AgentKit is part of its broader effort to support identity verification in an environment where AI agents are becoming increasingly capable of acting independently across online platforms.The post World expands AgentKit to connect human verified AI agents to World ID appeared first on CoinJournal.

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CertiK joins XDC Network as institutional masternode validator.Partnership strengthens security, resilience and decentralization.SkyNode infrastructure delivers 24/7 protection and monitoring.CertiK has joined the XDC Network as an Institutional Masternode Validator, marking a new step in the network’s push to build trusted blockchain infrastructure for enterprise finance, trade finance, and real-world asset tokenization.The New York-headquartered Web3 security services provider has signed a Memorandum of Understanding with XDC Network under which it will deploy and operate validator nodes on the blockchain.The partnership will use CertiK’s enterprise node solution, CertiK SkyNode, to strengthen XDC Network’s security, resilience, and decentralization.The move comes as digital assets and traditional finance continue to converge, with institutions increasingly looking for blockchain networks that can support secure settlement, asset tokenization, and operational resilience at scale.CertiK to operate validator nodes on XDC NetworkUnder the agreement, CertiK will participate as an Institutional Masternode Validator on the XDC Network, an open-source, EVM-compatible Layer-1 blockchain built for payments, trade finance, and real-world assets.XDC Network’s hybrid architecture combines public transparency with private subnetwork capabilities.The network is designed to support institutional settlement and RWA tokenization, while offering high throughput, low fees, and enterprise-grade security.By joining as a validator, CertiK will embed security controls into the infrastructure layer of the network.The companies said this is aimed at reducing operational and network-related risks as enterprise blockchain adoption gathers pace.“CertiK is one of the most recognized names in blockchain security, and having them validate our network is a meaningful signal to institutions,” said Atul Khekade, Co-founder, XDC Network.This is not just a technical partnership. It is a statement about the standard of infrastructure we are building for enterprise finance. The institutions moving into trade finance and asset settlement are making long-term infrastructure decisions, and we want XDC Network to be the answer they keep coming back to.Security focus targets institutional adoptionCertiK will use its SkyNode infrastructure to provide 24/7 proactive defences for XDC Network.These include continuous vulnerability scanning, automated threat mitigation, and node-level penetration testing.The infrastructure will also use a multi-region sentry node architecture with redundant failover protection.According to the companies, this setup is designed to maintain consensus continuity and support high availability during periods of peak network congestion.For institutions evaluating blockchain rails for trade finance and asset settlement, operational resilience remains a central requirement.The collaboration is positioned around that need, with CertiK bringing its security and infrastructure expertise to XDC Network’s validator ecosystem.“CertiK is honored to join the XDC Network as an Institutional Masternode Validator,” said Ronghui Gu, Co-Founder and CEO of CertiK.Traditional trade finance and RWA tokenization require rigorous risk management, strong security foundations, and operational resilience. Through this collaboration, we are bringing our security and infrastructure expertise to help strengthen the network and support the trusted infrastructure needed for institutional adoption.XDC expands validator ecosystem for enterprise financeThe partnership adds CertiK to a wider group of institutional validators already supporting XDC Network.These include regulated financial institutions, global telecoms companies, and Web3 digital asset firms.XDC Network’s existing institutional validators include Animoca Brands, BCW Group, Blueprint, Clearpool, Credora, Deutsche Telekom, HashKeyCloud, Hivemind Digital Group, InvestaX, IXS, RedStone, Republic Crypto, SBI Holdings, StakeFi, and UOB Venture Management.The collaboration…

GoMining mines first Stratum V2 Bitcoin block with DMND pool.Stratum V2 enables miners to choose block transactions directly.New system shifts power from pools to miners in Bitcoin mining.GoMining has mined the first known Bitcoin block produced using the Stratum V2 protocol with the DMND Bitcoin mining pool.The process demonstrates miner-controlled block creation in a live mining environment.The block was created using Stratum V2’s Job Declaration functionality through the DMND pool.The approach allowed GoMining to construct and declare its own block template rather than relying on a mining pool to select transactions.Pool-controlled transaction selection has been the dominant model in Bitcoin mining for years.The milestone marks an early real-world implementation of Stratum V2’s miner-driven architecture and highlights a shift toward giving miners greater authority over how blocks are constructed while remaining part of pooled mining operations.Miner-controlled block construction demonstrated in productionThe block included transactions linked to GoMining’s GoBTC Pay, an open-source Bitcoin instant payments protocol developed by the company.By incorporating GoBTC Pay transactions into the block template it created, GoMining demonstrated a practical use case for Stratum V2’s Job Declaration feature and showed how miners can directly influence the contents of blocks they help produce.“This block demonstrates that miners can now participate in pooled mining while retaining control over block construction,” said Mark Zalan, CEO at GoMining. “For years, mining pools have largely determined which transactions are included in Bitcoin blocks. By creating our own block template and including GoBTC Pay transactions, we’re demonstrating one of the practical capabilities that Stratum V2 makes possible.”The successful mining of the block provides an example of how miners may be able to gain more autonomy while continuing to benefit from the shared resources and economics of mining pools.Stratum V2 aims to expand miner participation and flexibilityStratum V2 is an open-source mining protocol developed with contributions from multiple participants across the Bitcoin industry.In addition to improvements in security and efficiency, the protocol enables miners to create their own block templates while still participating in pooled mining.The latest development demonstrates that miner-controlled block construction can operate in a production environment, potentially supporting broader adoption of Stratum V2 across the mining ecosystem.The deployment also illustrates how the protocol may allow miners to integrate their own applications and services directly into the block creation process.“A miner just mined the first Stratum V2 block to power their own product end to end. GoMining declared the template and included their GoBTC Pay payments with no pool in the way. We built DMND for exactly this.” said Alejandro De La Torre, CEO & Co-founder at DMND.The milestone comes as the bitcoin mining industry continues to explore technologies that improve efficiency, security and decentralization.By demonstrating that miners can build and declare their own block templates while remaining part of a mining pool, GoMining and DMND have provided an early example of how Stratum V2’s architecture could reshape block creation and transaction selection within the broader Bitcoin mining ecosystem.The post GoMining mines first Stratum V2 Bitcoin block using DMND pool appeared first on CoinJournal.

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Binance will halt services for EU users after MiCA setback.BNB token price has fallen 13.2% over the past month.Bitcoin miner inflows to Binance hit a four-month high.BNB token remained under pressure on Friday as investors weighed Binance’s regulatory setback in Europe against the token’s long-term role within the Binance ecosystem.The token traded at $566.26, down 0.3% over the previous 24 hours.During that period, Binance coin (BNB) moved between $541.77 and $569.04, showing that buyers managed to push the price close to the day’s high despite negative headlines.Even so, the broader trend has remained weak.BNB has fallen 1.4% over the past seven days, 5.5% in the last two weeks, 13.2% over the past month, and 12.5% over the last year.The latest decline in sentiment comes after Binance confirmed that it will stop providing services to customers across the European Union after failing to obtain a license required under the bloc’s Markets in Crypto-Assets (MiCA) regulations.Regulatory setback raises fresh questionsBinance’s withdrawal from the European market represents another regulatory challenge for the world’s largest cryptocurrency exchange.The company informed affected users that services in the European Union will end after it failed to secure the required MiCA authorisation before the regulatory deadline.Binance had previously sought approval through Greece before withdrawing its application and has indicated that it intends to pursue authorisation through another EU member state.Although Binance said Europe remains an important market and expects to secure a license in the future, the interruption creates uncertainty for one of its largest regional user bases.That uncertainty matters because the BNB token is closely tied to the Binance ecosystem.While the token has expanded well beyond its original purpose as an exchange utility token, Binance’s trading activity still plays an important role in overall demand.Any reduction in exchange activity could temporarily affect demand for BNB tokens, particularly from users who hold the token to receive trading fee discounts or participate in Binance products.BNB token still has utility beyond the exchangeDespite the regulatory headwinds, the BNB token is no longer dependent solely on Binance’s centralised exchange.The token serves as the native asset of BNB Chain, where it is used to pay transaction fees, support decentralised finance applications, participate in staking, and access Binance Launchpad token offerings.These use cases continue to generate demand independent of spot trading on the exchange.The BNB token also benefits from a deflationary supply model.The token launched with a maximum supply of 200 million coins, and Binance continues to remove tokens from circulation through scheduled burns.The token burn mechanism has so far removed 289,896.29 BNB tokens from the circulating supply, according to BNBBurn info, and remains one of the key features supporting the asset’s long-term economics.However, utility alone may not fully offset the impact of negative regulatory developments in the short term.Investor sentiment often reacts quickly to news involving Binance because of the close relationship between the exchange and its native token.The wider crypto market decline adds another layer of pressureThe regulatory news arrives at a time when the broader cryptocurrency market is already facing fresh concerns.Recent blockchain data showed that Bitcoin miners transferred more than 150,000 BTC to Binance during June, marking the highest miner inflows to the exchange in four months.Large transfers from miners to exchanges are closely monitored because they can precede increased selling activity.Although deposits do not automatically mean that coins have been sold, they often indicate that miners are preparing to access liquidity after periods of lower mining profitability.If Bitcoin (BTC) experiences additional selling pressure, the effect can extend beyond the largest cryptocurrency.And major altcoins, including the BNB…

Chainlink added 6,182 new wallets in two days.LINK’s price must clear $8.31 to strengthen its recovery.Technical indicators lean more bearish than bullish.Chainlink (LINK) is showing a rare divergence between its on-chain activity and price action.While the token has struggled to recover from recent losses, network activity has accelerated at its fastest pace this year, raising questions about whether the increase in network activity can eventually translate into a price rebound.At the time of writing, LINK is trading around $7.30, up just 0.3% over the past 24 hours.Despite the modest daily gain, the broader trend remains weak.LINK has declined 8.7% over the past week, 20.3% over the last 30 days, and 45.8% over the past year.Chainlink network activity reaches highest level of 2026Recent on-chain data showed that the Chainlink network added 6,182 new wallet addresses in just two days, marking its strongest two-day growth of 2026.✍️ TL;DR: Chainlink network growth erupts with two highest on-chain days of the year
📊 Metrics used: Network Growth
🔗 Link to chart: https://t.co/V88ThZQNSi📈 BREAKING: Chainlink just posted its two strongest network growth days of 2026, with 3,142 new LINK wallets on June… pic.twitter.com/H0FVqxDvwB— Santiment Intelligence (@SantimentData) June 26, 2026The increase was spread across two consecutive days, with 3,142 new wallets created on June 25 and another 3,040 on June 26.Such growth is often viewed as a sign of rising user participation because it reflects fresh addresses interacting with the network during a period when the token itself has been under selling pressure.The surge is particularly notable as it came while LINK was trading close to multi-month lows instead of a rally.In many cases, rapid wallet growth accompanies rising prices as new investors enter the market.This time, the increase in network activity arrived even as the token remained below several important resistance levels.Chainlink continues to maintain a total value locked (TVL) of about $28.841 billion, showing that the protocol remains one of the largest decentralised oracle networks despite recent weakness in its token price.Some market observers have pointed to the divergence between improving on-chain metrics and weaker prices as evidence that network usage has remained resilient.However, address growth alone does not guarantee higher prices, particularly when broader market conditions remain under pressure.Bearish technical indicators continue to dominateDespite the encouraging on-chain data, technical indicators still favour the sellers.From a technical perspective, LINK is trading below its 10-day, 20-day, 50-day, 100-day, and 200-day EMAs, leaving every major moving average above the current price and acting as resistance.Remaining below the 200-day EMA also suggests that the longer-term trend has yet to turn positive.Momentum indicators offer a slightly more balanced view.The 14-day Relative Strength Index (RSI) stands at 32.21, keeping the token above the traditional oversold threshold of 30 but still close enough that trading volume could play a decisive role in the next move.On the weekly timeframe, the RSI is 33.23, indicating that bearish momentum has eased compared to earlier weeks, although the broader trend remains under pressure.Key Chainlink price levels to watchThe technical structure leaves several important price levels in focus.Immediate support sits at $7.02. If the token closes below that level, the current support structure would weaken significantly and could expose LINK to additional downside.Chainlink price chartOn the upside, traders are watching $8.31, which represents the first major resistance level.A confirmed close above that price would improve the technical outlook and could allow LINK to challenge the next resistance around $9.19.Some technical analysts have also highlighted the possibility of a double-bottom formation if support continues to hold.Under that scenario, a sustained breakout above resistance could eventually open the path…

REAL launches private execution layer for RWA institutions.ZKsync tech enables confidential on-chain settlement via Ethereum.Platform aims to bridge the privacy gap in institutional blockchain use.REAL has introduced a confidential execution layer designed to support regulated financial institutions operating in tokenized real-world asset (RWA) markets, addressing one of the key barriers to broader institutional adoption of blockchain-based finance.The new layer, built using ZKsync’s Prividium technology, operates alongside REAL’s public Layer 1 network.According to the company, it enables institutions to keep positions, allocations, and counterparty data private while still benefiting from public settlement and liquidity through Ethereum.The company said the confidential layer is intended to provide privacy controls without compromising compliance, liquidity, or distribution, allowing institutions to participate in onchain markets while maintaining the confidentiality required for regulated financial operations.Confidential infrastructure targets institutional needsREAL said the new execution layer is designed to bridge the gap between public blockchain infrastructure and the operational requirements of regulated financial institutions.While public blockchains offer benefits such as global access, instant settlement, and composability, the company noted that institutions have been reluctant to conduct business on networks where sensitive information—including positions, treasury strategies, and counterparty relationships—is publicly visible.Because the confidential layer settles transactions on Ethereum, institutions can access the broader onchain capital market while maintaining operational privacy instead of operating within isolated private networks.Platform supports regulated financial workflowsAccording to REAL, the confidential execution layer is built to support a range of institutional workflows where privacy is considered essential.These include wealth and asset management activities that require protected portfolio information, balance sheet operations, tokenized deposit models, and selective disclosure capabilities for auditors, compliance teams, and regulators when necessary.The company said institutions using the platform will continue to benefit from blockchain-native settlement, distribution, and liquidity while avoiding the need to expose sensitive business activity on fully public networks.The launch also expands REAL’s broader strategy of supporting the entire lifecycle of tokenized real-world assets within a compliance-focused infrastructure.The company said its platform covers issuance, risk assessment, insurance, trading, and institutional execution under a single architecture designed for regulated financial markets.REAL expands institutional blockchain offeringREAL describes itself as an institutional blockchain infrastructure provider focused on compliant real-world asset tokenization and risk-managed capital flows.Built on Cosmos Tendermint, the platform supports multiple stages of onchain financial products, including issuance, compliance, liquidity, insurance, risk assessment, and trading.The company said its dual-validator architecture combines technical validators with business validators such as tokenizers, risk scorers, insurers, and credit agencies to provide an infrastructure aimed at institutional trust.The confidential execution layer uses ZKsync’s Prividium privacy technology, which is designed to enable regulated entities to operate onchain with configurable confidentiality, selective disclosure, and settlement on Ethereum.The post REAL launches confidential layer to expand institutional RWA adoption appeared first on CoinJournal.

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Key takeawaysBitcoin is trading below $64,000 after rallying more than 6% last week.U.S. spot Bitcoin ETFs recorded $526.64 million in net outflows, marking an eighth consecutive week of withdrawals.Renewed geopolitical concerns surrounding the Strait of Hormuz are limiting demand for risk assets.Bitcoin (BTC) is trading slightly lower on Monday after climbing more than 6% last week, with buyers struggling to push the cryptocurrency above the key $64,000 resistance level.Although last week’s rebound improved short-term sentiment, persistent institutional selling and renewed geopolitical uncertainty continue to cap upside momentum.For now, Bitcoin remains caught between improving technical conditions and cautious macroeconomic sentiment.Spot Bitcoin ETFs extend historic outflow streakInstitutional demand for Bitcoin remains under pressure. According to CoinGlass data, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $526.64 million in net outflows during the previous week.The withdrawals mark the eighth consecutive week of net redemptions, extending the longest outflow streak since spot Bitcoin ETFs began trading.If institutional investors continue reducing exposure this week, Bitcoin could face renewed selling pressure despite last week’s rebound.Global geopolitical uncertainty remains another obstacle for Bitcoin. The cryptocurrency rallied last week after easing tensions between the United States and Iran briefly improved investor sentiment.However, optimism has faded as concerns surrounding the Strait of Hormuz resurfaced.Reports that Iran may introduce new service fees for vessels passing through the strategically important shipping route have renewed uncertainty, while the United States and several Gulf allies continue opposing such measures.The lingering geopolitical risks have kept investors cautious, limiting demand for higher-risk assets such as cryptocurrencies.Bitcoin price outlook: Bulls defend long-term supportFrom a technical perspective, Bitcoin continues to trade above a critical long-term support level.Last week’s rally allowed BTC to reclaim the 200-week Simple Moving Average (SMA) at $62,867 after bouncing from an ascending trendline that has supported prices since early 2023.Holding above this level keeps the broader recovery intact. If buyers maintain control above the 200-week SMA, Bitcoin could extend its advance toward the 78.6% Fibonacci retracement level at $65,520, measured from the August 2024 low to the October 2025 record high.On the daily timeframe, Bitcoin continues to trade below its major moving averages. The cryptocurrency remains beneath the 50-day EMA at $65,744, the 100-day EMA at $69,455, and the 200-day EMA at $75,471, leaving the broader trend tilted to the downside despite recent gains.Immediate resistance is located around $64,004. A successful breakout above that level could allow Bitcoin to challenge the 50-day EMA, with additional upside targets at the 100-day EMA, the 200-day EMA, and eventually the major resistance area near $84,410.While momentum has improved, the daily RSI near 49 and a positive MACD crossover indicate buyers are gradually regaining strength, although confirmation of a sustained uptrend is still lacking.The 200-week SMA at $62,867 remains the most important support level in the near term.A sustained move below that area would weaken the current recovery and expose the long-term ascending trendline near $58,000. If selling pressure intensifies further, Bitcoin could revisit its yearly low around $57,800.Bitcoin has recovered significantly from recent lows, but the rally is encountering resistance just below $64,000.BTC/USD 4H ChartPersistent ETF outflows, geopolitical uncertainty, and overhead technical resistance continue to limit upside potential.As long as BTC holds above its 200-week SMA, the recovery remains intact. However, buyers will need to reclaim $64,004 and then $65,744 to build momentum for a broader move higher.The post Bitcoin dips below $63K amid ETF outflows and geopolitical risks appeared…

Key takeawaysBitcoin, Ethereum, and XRP started the week holding onto last week’s strong gains.Ethereum is approaching its 50-day EMA near $1,806, a key hurdle for extending its recovery.Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) began the week on a constructive note after surging over 6%, 13% and 10% in the previous week. BTC holds steady below $63,000, ETH approaches a key technical resistance at $1,800, while XRP has broken above the upper boundary of a falling channel, strengthening the bullish outlook.Ethereum tests key resistance near the 50-Day EMAEthereum (ETH) is also extending last week’s recovery after climbing more than 13%, trading near $1,784 on Monday.The cryptocurrency is approaching a significant technical hurdle at the 50-day EMA around $1,806, which currently serves as the first major resistance level.Despite the recent rebound, Ethereum remains below the 100-day EMA near $1,972 and the 200-day EMA around $2,241, leaving the broader trend tilted to the downside.However, technical momentum continues to strengthen. The RSI is hovering near 57, indicating healthy buying momentum, while the MACD remains firmly positive, suggesting bulls continue to regain control after recent weakness.If ETH successfully breaks above the 50-day EMA, attention would shift toward resistance near $1,972, followed by the psychologically important $2,000 level and the 200-day EMA around $2,242.On the downside, the strongest support remains near $1,385, where buyers previously stepped in to defend the market.Bitcoin, Ethereum, and XRP have all entered the new week with improving momentum following strong performances last week.ETH/USD 4H ChartWhile each asset faces important technical resistance, bullish indicators continue to strengthen.A decisive move above $64,000 for Bitcoin, $1,806 for Ethereum, and continued strength above XRP’s channel breakout could reinforce the recovery across the broader cryptocurrency market and set the stage for further gains.The post Ethereum begins new week on strong footing as bulls target key breakout levels appeared first on CoinJournal.

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James said real pressure for keepers comes in the silence between shots.
At Liverpool, City, Portsmouth and England, preparation shaped James.
For traders too, instinct works only when built on the right information.Zoomex hosted the third episode of its World Cup Edition X Space as part of the Zoomex World Cup Impact Pledge, bringing together England goalkeeper David James and a panel of traders: Crypto Kid, Farouk Bashar, and Theo Mercier. Fernando Aranda hosted the session, which covered the knockout round, penalty psychology, goalkeeping philosophy, and England’s legitimate chances of winning the whole thing, a position James held without qualification and with obvious enjoyment. The session continued the five-part charity initiative running across the series. Zoomex is committing 1,000 USDT per episode to a charity of each football guest’s choosing, rising by an additional 5,000 USDT if the prediction proves correct. James picked England to win the World Cup and nominated the UEFA Foundation as his charity of choice. Last defence, last line, last save The episode opened with a question every keeper answers differently, how do you describe the pressure of facing an unrelenting barrage of shots when your team is being outplayed? James reframed the premise. “I think the pressure is when you don’t have so much to do. When your team’s attacking and they’re not scoring and it goes down the other end and you’ve got to make the big save. That’s when the concentration has got to be there.” He carried that logic across a career that spanned Liverpool, Manchester City, Portsmouth, and 53 caps for England. The goalkeeper who is in the zone does not fear the next shot. He invites it. The trader who has done the homework does not fear the next candle. The preparation has already decided what happens next. With the Congo goalkeeper the previous night, the opposite had been true. England were creating chances. The keeper was alert because the game required him to be. “If you’re in the zone, then just keep shooting, keep shooting, because I’m going to be there.” He was facing volume, but volume keeps a goalkeeper sharp. The danger is the long silence between saves. The read on the England versus Congo game itself was direct. England won, which was the most important thing, but the Congo goalkeeper was exceptional for sixty or seventy minutes. He had to be, James said, because England were creating the chances that required exceptional saves. When Harry Kane’s header went in, and shortly after a thunderbolt from range made it two, the game was decided. “There was a belief that there was going to be a second. And that’s where, the best goalkeepers in the world, they accept that goals go in, but don’t worry about the scoreline. They just say, OK, that shot beat me. Next shot, I will save. There’s no nerves.” He was immediately thinking about the next fixture: Mexico at the Azteca. “Other than the final, it doesn’t get much better than that.” He meant it as a compliment to the occasion, not a warning about the difficulty. Penalties are about preparation, until they are about instinct The panel spent substantial time on penalties, partly because the tournament had already produced defining moments in shootouts, and partly because the psychology maps almost exactly onto what traders describe as system versus gut reaction. James described the two modes a goalkeeper can operate in during a shootout. The first is pure preparation: the water bottle, the information, the tendencies logged from five or ten previous penalties by the same player, foot placement, the angle of the run-up, which way the non-kicking arm drops, whether there is a stutter in the approach. All of that gets processed and the goalkeeper explodes at the last possible moment. The second mode is instinct, and instinct, he said, can be wrong. “When I thought I was the best goalie in the world and no one was going to beat me and I dived the wrong way, it was all instinct and sometimes your instincts are wrong. The more information…

Key takeawaysBitcoin (BTC) dropped below $64,000 despite improving derivatives data.Analysts at QCP note that July has historically been one of Bitcoin’s strongest months, averaging gains of around 7.5%.Glassnode says Bitcoin is showing signs of structural stabilization, with spot selling pressure easing significantly.Bitcoin (BTC) started July on firmer footing, recovering above the $63,000 level as improving derivatives positioning and easing selling pressure helped stabilize the cryptocurrency market.The rebound follows several weeks of volatility and comes as analysts point to historically favorable seasonal trends, strengthening technical conditions, and improving institutional flows as factors supporting Bitcoin’s recovery.At the time of writing, Bitcoin was trading near $63,190, up approximately 0.6% over the past 24 hours.July seasonality favors Bitcoin bullsAnalysts at crypto trading firm QCP noted that Bitcoin’s early-July recovery aligns with historical market patterns.According to the firm, July has traditionally been one of Bitcoin’s strongest-performing months, delivering average returns of roughly 7.5%.QCP added that lighter trading volumes during the U.S. Independence Day holiday helped preserve the bullish momentum that emerged after softer-than-expected U.S. labor market data eased pressure on risk assets.The firm also observed that stress across Bitcoin’s derivatives market has begun to ease.Recent derivatives data suggests traders are becoming less defensive. QCP highlighted several encouraging developments:Implied volatility continues to trend lower.Near-term put option skew has moderated after rising sharply during the recent market decline.Traders have shown notable interest in $70,000 call options expiring at the end of July, indicating expectations for additional upside.However, optimism remains measured.The firm also pointed to ongoing demand for $58,000 put options expiring later this year, reflecting concerns among some investors that Bitcoin’s current rebound could resemble the temporary recovery seen during the 2022 bear market before prices resumed their decline.Bitcoin price forecast: BTC could drop below $63,000The BTC/USD 4-hour chart remains bullish and efficient following last week’s rally. The momentum indicators suggest that the market is currently consolidating.The RSI of 55 means that neither the buyers nor the sellers are in control. The MACD lines are also in the neutral zone, reinforcing the current bias.BTC/USD 4H ChartIf the bearish trend resumes, BTC could slip below the $63,000 level and test the 4-hour TLQ at $61,365. However, if the bulls regain control, Bitcoin could surge past the $64,000 barrier and retest the June 15 high of $67,125. The post Bitcoin could drop below $63k as market structure remains volatile appeared first on CoinJournal.

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Key takeawaysStellar (XLM) is trading lower as bullish momentum fades.Derivatives data shows bearish positioning, with long-to-short ratios below 1 Positive funding rates indicate traders are still willing to maintain long positions despite the pullback.Stellar (XLM) remains under pressure on Tuesday as the coin extends its recent pullbacks.Although prices have weakened, derivatives and on-chain metrics suggest investor sentiment has not turned decisively bearish. Instead, market participants appear cautiously optimistic, with traders balancing expectations for a potential recovery against continued short-term weakness.Derivatives data shows mixed sentimentRecent derivatives metrics present conflicting signals for the digital asset. According to CoinGlass, XLM’s long-to-short ratio stands at 0.84, also near a one-month low.A ratio below 1 indicates that short positions outnumber long positions, suggesting traders are increasingly betting on further downside.However, funding rates tell a different story. XLM’s funding rates read 0.0058%, indicating that the bulls are still paying the bears. Positive funding rates mean traders holding long positions are paying those holding shorts, indicating that bullish positioning still outweighs bearish conviction among leveraged participants.The divergence between positioning and funding suggests many investors remain cautiously optimistic despite the recent correction.Stellar technical outlook: XLM holds above key supportStellar continues to trade above its short-term moving averages, preserving a modest bullish bias despite recent weakness.XLM is currently trading near $0.193, holding above the 50-day EMA at $0.1922 and the 100-day EMA at $0.1872However, the token remains capped below the 200-day EMA at $0.1985 and the 61.8% Fibonacci retracement at $0.2001These levels represent immediate resistance for the current recovery attempt. Technical indicators continue to lean slightly positive. The RSI remains near 48, reflecting bearish momentum, while the MACD stays above the zero line, suggesting underlying bullish momentum has not yet faded completely.If the bulls regain control, XLM could rally towards the $0.1985 (200-day EMA) and $0.2001 (61.8% Fibonacci retracement).A daily candle close above these levels would allow XLM to extend its rally towards the $0.2188, $0.2376, and $0.2607 resistance zones. However, if the bearish trend persists, XLM could drop below $0.1922 (50-day EMA) and $0.1872 (100-day EMA) in the near term.XLM/USD 4H ChartA decisive close below these levels would expose lower demand zones at $0.1774, $0.1735 (78.6% Fibonacci retracement), and $0.1421 (major structural support)Holding above the 50-day EMA would help preserve XLM’s near-term recovery, while a break below $0.1872 could shift momentum back in favor of sellers.The post Mixed market signals leave XLM at key technical levels appeared first on CoinJournal.

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KuCoin partners with UAE Team Emirates–XRG ahead of Tour de France.KuCoin debuts Tour de France sponsorship with UAE Team Emirates–XRG.KuCoin expands global sports push with UAE Team Emirates–XRG deal.KuCoin announced that it has become the official cryptocurrency partner of UAE Team Emirates – XRG, marking a new sports sponsorship agreement that will debut publicly during the 2026 Tour de France.The partnership gives KuCoin exclusive rights in the Cryptocurrency Exchanges, Blockchain Trading Platforms and Crypto Wallet Services categories.The company’s branding will appear across the team’s buses, support vehicles and fleet cars throughout the three-week Tour de France.The agreement expands KuCoin’s sports sponsorship portfolio as the cryptocurrency exchange seeks to strengthen its global brand presence through partnerships with internationally recognized sporting organizations.KuCoin secures exclusive sponsorship rightsUnder the agreement, KuCoin will serve as UAE Team Emirates – XRG’s sole partner across cryptocurrency exchanges, blockchain trading platforms and crypto wallet services.The partnership brings together two organizations that said they share a focus on innovation, precision and long-term performance.The collaboration will make its public debut at the 2026 Tour de France, one of cycling’s most prominent events, where KuCoin branding will be prominently displayed on the team’s transportation fleet throughout the race.Commenting on the partnership, BC Wong, Chief Executive Officer of KuCoin, said: “We are incredibly proud to partner with UAE Team Emirates – XRG and launch this collaboration on cycling’s grandest stage.”He added that, “World-class achievements are never solitary; they require a dedicated team moving in unison toward a shared vision. These are the very values that have fueled KuCoin’s growth, and we look forward to empowering the team as they chase victory at the Tour de France.”Tour de France provides global platformThe partnership will be introduced during the 2026 Tour de France, a three-week race regarded as one of the most prestigious events in professional cycling.KuCoin said the competition reflects values that align with its business, including discipline, teamwork, trust and strategic coordination.According to the company, success in the Tour de France depends on collaboration among riders, coaches, mechanics and support staff, principles that it said also underpin its approach to building a global digital asset infrastructure.The sponsorship gives KuCoin visibility throughout the event by placing its branding on team buses, support vehicles and fleet cars used during the race.Partnership expands KuCoin’s sports strategyThe agreement represents the latest addition to KuCoin’s global sports sponsorship initiatives as cryptocurrency companies continue using major sporting events to increase brand awareness.UAE Team Emirates – XRG is one of the leading professional cycling teams and includes several high-profile riders, including multi-time Tour de France champion Tadej Pogačar.KuCoin said the collaboration marks a significant expansion of its international sports sponsorship portfolio and is intended to reinforce the company’s global brand presence.The company also said additional collaborative initiatives involving UAE Team Emirates – XRG and Tadej Pogačar will be announced later in the season, although no further details were disclosed.The announcement comes as cryptocurrency firms continue pursuing partnerships in global sports as part of broader efforts to expand their visibility among mainstream audiences through internationally followed competitions and teams.The post KuCoin partners with UAE team Emirates-XRG ahead of Tour de France appeared first on CoinJournal.

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Key takeawaysHyperliquid (HYPE) has fallen below $70, extending its losing streak as broader crypto market sentiment turns risk-off.Retail participation is weakening, with futures open interest declining and long liquidations dominating the derivatives market.Hyperliquid (HYPE) continued to trade lower on Wednesday, slipping below the $70 level as cautious sentiment across the cryptocurrency market dampened retail participation.The token has recorded three consecutive days of losses, reflecting growing uncertainty among short-term traders. Despite the pullback, institutional investors continue to show confidence, highlighting a divergence between retail and professional market participants.Retail traders reduce exposureRecent derivatives data points to weakening retail demand for HYPE. According to CoinGlass, Hyperliquid futures open interest (OI) declined by more than 2% over the past 24 hours to $2.80 billion, indicating that traders are either reducing leverage or closing positions altogether.During the same period, the market recorded $7.09 million in liquidations, with approximately $6.29 million coming from long positions. The dominance of long liquidations suggests that bullish traders have been forced to exit as prices moved lower, reinforcing short-term selling pressure.Despite the decline in positioning, the funding rate remains positive at 0.0078%, indicating that some traders continue to maintain bullish expectations and are willing to pay a premium to hold long positions.While retail sentiment has weakened, institutional interest continues to provide support.Data from CoinGlass shows that HYPE exchange-traded funds (ETFs) attracted $4.32 million in net inflows on Tuesday, following $8.43 million in inflows recorded on Monday.The continued inflows suggest that larger investors remain optimistic about Hyperliquid’s longer-term outlook despite ongoing short-term market volatility.This divergence between institutional accumulation and cautious retail positioning could become an important factor in determining the token’s next major move.Hyperliquid price outlook: Support near $64.75 comes into focusAt the time of writing, HYPE is trading around $68, maintaining its broader bullish structure despite recent weakness.The token remains comfortably above its 50-day Exponential Moving Average (EMA) at $62.36, which continues to trend above the 200-day EMA at $48.40—a positive sign for the longer-term trend.However, the recent rejection from a local resistance trendline near $72.75 has increased the likelihood of a deeper short-term correction.From a technical standpoint, HYPE could continue sliding toward a rising support trendline around $64.75, an area reinforced by the nearby 50-day EMA.Momentum indicators continue to lean cautiously bullish but show signs of slowing. The Moving Average Convergence Divergence (MACD) remains slightly above its signal line, indicating that positive momentum has not disappeared completely.Meanwhile, the Relative Strength Index (RSI) sits around 54, reflecting moderate buying strength while gradually moving back toward neutral territory.Unless buying activity strengthens, the current pullback could continue before the broader uptrend resumes.The first major support lies near the ascending trendline around $64.75, followed by the 50-day EMA at $62.36. A decisive break below these levels could expose HYPE to a deeper correction, potentially bringing the $60 level into focus.HYPE/USD 4H ChartOn the upside, bulls must reclaim the $72.73 resistance zone, which aligns with the recent descending trendline. A successful breakout above this level could restore upward momentum and pave the way toward the R1 Pivot Point at $77.09, followed by the R2 Pivot Point at $89.14.For now, the short-term outlook remains cautious, with weakening retail demand offset by continued institutional accumulation.The post HYPE drops below $70 as retail demand weakens despite ETF inflows appeared first on CoinJournal.

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Key takeawaysZcash (ZEC) climbed more than 4% after developers announced progress toward proving its new privacy system is free from undetectable counterfeiting vulnerabilities.Project Tachyon is close to completing a mathematical verification of Zcash’s upcoming Ironwood shielded pool.Zcash’s native token ZEC surged more than 4% on Wednesday after developers announced they are close to mathematically proving that the network’s next-generation privacy system is free from a critical class of counterfeiting vulnerabilities.The announcement restored investor confidence following last month’s disclosure of a security flaw in Zcash’s existing shielded transaction system, helping the privacy-focused cryptocurrency reclaim the $500 level for the first time since early June.Project Tachyon nears verification of Ironwood Shielded PoolThe latest update comes from Project Tachyon, the team leading the formal verification of Zcash’s upcoming Ironwood shielded pool, which is set to replace the current Orchard privacy pool.According to the developers, they are close to producing a mathematical proof confirming that Ironwood does not contain undetectable counterfeiting bugs.Zcash founder Zooko Wilcox said the project is “on the verge” of completing a formal proof demonstrating that the latest generation of Zcash shielded pools is secure against this class of vulnerability.If successful, the verification would provide stronger security guarantees for one of the network’s core privacy features.Investor confidence was shaken last month after developers disclosed a critical vulnerability affecting Zcash’s Orchard shielded pool.The flaw could have theoretically allowed an attacker to create counterfeit ZEC within the privacy pool without detection.Although developers quickly patched the issue and said they found no evidence that the vulnerability had ever been exploited, Zcash’s privacy architecture made it impossible to cryptographically prove that no counterfeit coins had been created.The disclosure triggered a sharp market reaction, sending ZEC down more than 40% in just two days.Will ZEC reclaim $550?The ZEC/USD 4-hour chart remains bullish and efficient following the recent rally. The momentum indicators suggest that the bulls could push ZEC’s price higher.The RSI of 57 shows that ZEC is above the neutral zone, while the MACD lines reinforce the bullish bias.If the bulls remain in control, ZEC could rally past the Tuesday high of $510 and set a new weekly high around $550. ZEC/USD 4H ChartA decisive candle close above this level could allow ZEC to reclaim the $600 psychological zone in the near term. However, if the bears come into the picture, ZEC could retest the 4-hour TLQ at $438 over the next few hours. The post Zcash price forecast: ZEC surges 4%, targets new weekly high appeared first on CoinJournal.

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Nexo Card launches in Argentina with debit and credit modes for crypto users.Andres Ondarra will lead Nexo Argentina as General Manager from August 1.Buenos Aires is being positioned as Nexo’s regional hub for Latin America.Nexo has launched its crypto debit-and-credit card in Argentina, marking a deeper push into one of Latin America’s most active digital-asset markets and placing Buenos Aires at the centre of its regional expansion strategy.The launch comes alongside a leadership change, with Andres Ondarra appointed General Manager of Nexo Argentina.The company said the two developments mark the next stage of its growth in the country, where digital assets have become a mainstream part of wealth management for many users.Nexo described Argentina as a market where crypto adoption runs deeper than almost anywhere else, citing the highest share of digital-asset adoption among markets surveyed.The company also said Argentina processed approximately $93.9 billion in digital-asset transactions over three years, ranking second in Latin America behind Brazil.Nexo Card brings spending and borrowing utilityThe Nexo Card allows clients in Argentina to use digital assets in two ways. In debit mode, users can spend their holdings directly. In credit mode, they can borrow against those assets as collateral without selling them.The company said clients can switch between both modes through a single interface, giving users more flexibility in how they manage and use their crypto wealth.New clients are being offered 10% back on their first swipe.They can also receive additional cashback and milestone rewards worth up to USD 450 in total during their first three months. Nexo said users can earn up to 13% annual interest on idle in-app balances, paid daily.The card has previously been recognised by the Digital Banker Awards, the FinTech Breakthrough Awards, and the PAY360 Awards.“Argentine clients have spent a decade making digital assets part of how they manage wealth. The Nexo Card is built precisely for that — letting them spend in debit mode, borrow against their holdings in credit mode, and earn from every transaction, all without having to sell. It’s the freedom to live on that wealth, not just hold it,” said Andres Ondarra, incoming General Manager, Nexo Argentina.For Nexo, the product launch is aimed at the next phase of crypto usage in Argentina.With capital already moved into digital assets, the company is focusing on everyday utility: spending, borrowing and earning from holdings without requiring clients to sell them.Eligible clients in Argentina can apply for the Nexo Card through the Nexo app and website.Ondarra takes charge as Buenos Aires becomes regional hubOndarra will formally lead Nexo Argentina’s operations from August 1.He brings more than 25 years of experience across traditional finance, fintech and crypto in Latin America, including a background in Wall Street investment banking.His appointment comes as Nexo positions Buenos Aires as its regional hub for Latin America.The company said it is investing in local infrastructure, sports partnerships, including the AFA, and a local team to support clients across the region.Ondarra succeeds Federico Ogue, who led Nexo’s expansion in Argentina and is now moving to a new entrepreneurial venture.“Argentina has one of the most sophisticated crypto and fintech ecosystems in the region, and the work Nexo has done here is something to be proud of. I look forward to passing the baton to Andres, who brings exactly the experience and vision to lead Nexo’s next stage of growth in Argentina,” said Ogue.The post Nexo bets big on Argentina with crypto card launch and new country chief appeared first on CoinJournal.

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Cardano (ADA) remains above 10% higher despite a 24-hour pullback.Hoskinson says Ethereum is adopting eUTXO-inspired ideas.Focus is on the $0.20 resistance level.Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17.The latest price movement comes alongside fresh debate over blockchain architecture after Cardano founder Charles Hoskinson claimed that Ethereum is beginning to adopt ideas that Cardano has championed for years through its Extended Unspent Transaction Output (eUTXO) model.At the time of writing, ADA was trading at $0.1674, down 6.6% over the past 24 hours.Despite the daily decline, the cryptocurrency remained 10.2% higher over the previous seven days and 12.8% higher over the last two weeks, showing that bulls have retained much of the momentum built during the recent rally.The recent retreat has placed the spotlight on whether the token can defend the $0.17 area before attempting another move toward the next major resistance level at $0.20.Hoskinson reignites the Cardano-Ethereum debateThe latest discussion began after Ethereum researcher Toni Wahrstätter introduced EIP-8141, also known as Frame Transactions, as part of Ethereum’s broader efforts to improve scalability and reduce long-term state growth.The proposal explores introducing UTXO-inspired transaction mechanics for simple transfers.According to the proposal, this approach could reduce Ethereum’s permanent state footprint for payment-related transactions by approximately 99.8%, while remaining compatible with the network’s broader roadmap.Hoskinson responded by arguing that Cardano has already implemented similar concepts through its eUTXO accounting model.He suggested that Ethereum is now recognising the benefits of an architecture that Cardano adopted years ago.The Cardano founder also made headlines with his remark that “it’s literally a crime in the Ethereum inner circles to mention Cardano,” suggesting that Ethereum developers have been reluctant to acknowledge Cardano’s earlier work despite exploring comparable ideas.It's not like I've been literally working on this topic for over 10 years of my life and launched a cryptocurrency that was number three on coinmarketcap with millions of users to deploy it. It's literally a crime in the Ethereum inner circles to mention Cardano. EUTXO is the… https://t.co/3F3l6cg0JE— Charles Hoskinson (@IOHK_Charles) July 7, 2026ADA price holds key support as traders watch $0.20From a technical perspective, ADA’s recent pullback has not erased the gains recorded over the past week.Instead, focus is now on whether the cryptocurrency can continue holding support around $0.144.The current price sits close to the lower end of the latest 24-hour trading range after the 6.6% daily decline.However, the weekly performance remains positive, with ADA still posting a double-digit gain over the previous seven days.The next major level attracting attention is $0.193, and a move above that level would place the focus on $0.23, another resistance area that traders have identified following the recent recovery.Cardano price chartCardano continues preparing for its next network milestoneThe latest market discussion also comes as the Cardano network continues infrastructure improvements ahead of its next major protocol upgrade.Developers recently released Cardano Node 9.0.1, a recommended update for mainnet validators designed to address issues related to the network’s bootstrap process and script execution.Rather than introducing new user-facing features, the release focuses on improving stability before the ecosystem moves toward its next hard fork.The post ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept appeared first on CoinJournal.

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