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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Stellar Futures Market Data, Liquidations, Open Interest, Long/Short Ratio, Funding Rate | CoinGlass
Explore Stellar futures market data and key metrics on CoinGlass. Track liquidations, open interest, long/short ratio, funding rates, and trading volume to analyze Stellar derivatives market activity, assess risks, and understand shifts in market sentiment…
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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CoinJournal
KuCoin partners with UAE team Emirates-XRG ahead of Tour de France
KuCoin becomes the official crypto exchange partner of UAE Team Emirates–XRG, launching the partnership at the 2026 Tour de France with exclusive branding and expanded global sports sponsorship.
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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coinglass
Hyperliquid Futures Market Data, Liquidations, Open Interest, Long/Short Ratio, Funding Rate | CoinGlass
Explore Hyperliquid futures market data and key metrics on CoinGlass. Track liquidations, open interest, long/short ratio, funding rates, and trading volume to analyze Hyperliquid derivatives market activity, assess risks, and understand shifts in market…
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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Nexo
Crypto Debit & Credit Card | Earn up to 4% Cashback | Nexo
Earn up to 4% cashback and 13% interest on your unspent balance with the Nexo Card. Credit or Debit Mode. No monthly fees. 100M+ merchants.
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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Ethereum begins new week on strong footing as bulls target key breakout levels
Bitcoin and Ethereum hold last week's gains as ETH approaches the key 50-day EMA following the recent rally.
Key takeawaysHyperliquid (HYPE) has fallen for four straight days as retail demand weakens amid broader crypto market uncertainty.Futures open interest and trading volume have declined, signaling lower speculative activity.Institutional interest remains strong, with HYPE ETFs attracting $16.08 million in weekly inflows.Hyperliquid (HYPE) remains under pressure for the fourth consecutive trading session as retail traders reduce exposure amid growing geopolitical uncertainty and a broader risk-off mood across the cryptocurrency market.While short-term sentiment has cooled, institutional investors continue to accumulate exposure, and activity within Hyperliquid’s Real World Asset (RWA) ecosystem remains robust. These factors continue to support the token’s longer-term bullish outlook.Technical indicators also suggest that a decisive breakout above the $75-$77 resistance area could reignite buying momentum and potentially push HYPE toward the psychological $100 level.Retail traders step back as market sentiment weakensRetail participation in Hyperliquid has softened as investors become increasingly cautious amid renewed tensions in the Middle East, which have dampened appetite for risk assets.According to CoinGlass data, HYPE futures open interest declined to $2.68 billion, indicating a modest reduction in leveraged positions. Meanwhile, derivatives trading volume dropped 29% over the past 24 hours to $1.99 billion, highlighting weaker short-term market participation.Despite the slowdown, bullish positioning has not disappeared entirely. The funding rate eased slightly to 0.0065% from 0.0078% a day earlier, remaining in positive territory. Positive funding rates generally indicate that long-position holders are still willing to pay a premium, suggesting optimism persists despite the recent pullback.Overall, derivatives data points to a cautious market where traders are waiting for greater clarity before making aggressive directional bets.While retail demand has cooled, institutional investors continue to show confidence in Hyperliquid.HYPE-focused exchange-traded funds (ETFs) attracted $3.33 million in fresh inflows on Wednesday, bringing total weekly inflows to $16.08 million. The steady capital inflows suggest larger investors remain optimistic about the project’s long-term growth prospects.At the same time, Hyperliquid’s HIP-3 ecosystem—which supports perpetual contracts tied to tokenized Real World Assets (RWAs)—continues to gain momentum.Open interest across HIP-3 products climbed to $3.10 billion, while trading volume increased 40% over the past 24 hours and 28% over the past month. Revenue has also remained stable at roughly $10 million over the past four weeks, reflecting sustained user activity and growing demand for RWA-based trading products.These metrics reinforce the view that institutional adoption and expanding utility remain key drivers behind Hyperliquid’s long-term bullish narrative.Technical analysis: $75-$77 remains the key breakout zoneFrom a technical standpoint, Hyperliquid is undergoing a healthy correction while preserving its broader uptrend.The token is approaching a rising support trendline near $66.54, an area that continues to underpin the current market structure. More importantly, HYPE remains comfortably above both its 50-day Exponential Moving Average (EMA) at $62.53 and the 200-day Exponential Moving Average (EMA) at $48.33.Holding above these major moving averages indicates that buyers still maintain control of the longer-term trend.The primary resistance lies between $75.76—the June 1 swing high—and the R1 Pivot level at $77.09. Together, these levels form the upper boundary of an ascending triangle, a chart pattern that often precedes bullish breakouts.A successful move above this resistance zone could open the door to the next upside targets: R2 Pivot at $89.14, and the R3 Pivot: $101.35If bullish momentum accelerates, the psychological $100 level could become a realistic near-term objective.Technical momentum indicators continue to favor…
coinglass
Hyperliquid Futures Market Data, Liquidations, Open Interest, Long/Short Ratio, Funding Rate | CoinGlass
Explore Hyperliquid futures market data and key metrics on CoinGlass. Track liquidations, open interest, long/short ratio, funding rates, and trading volume to analyze Hyperliquid derivatives market activity, assess risks, and understand shifts in market…
Key takeawaysArbitrum (ARB) rebounded above $0.081 after recovering losses from earlier in the week.Offchain Labs co-founder Steven Goldfeder announced that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 networks will flow back into the Arbitrum ecosystem.The revenue-sharing model is expected to strengthen the DAO treasury, fund development, and enhance ARB’s long-term value.Arbitrum (ARB) extended its recovery on Thursday, climbing above $0.081 after erasing losses recorded earlier in the week. The rally followed a major announcement from Offchain Labs co-founder Steven Goldfeder, who revealed that a portion of transaction fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will be redirected to the broader Arbitrum ecosystem.The announcement has boosted investor confidence by highlighting a sustainable revenue model that could strengthen the network’s long-term fundamentals, while improving technical indicators suggest ARB may have room for further gains.Robinhood Chain revenue-sharing strengthens Arbitrum ecosystemIn a post on X, Offchain Labs co-founder and Arbitrum developer Steven Goldfeder disclosed that 10% of fees collected by Robinhood Chain and every other Arbitrum Layer 2 chain are allocated back to the Arbitrum ecosystem.As enterprise adoption is heating up, Arbitrum is well positioned to capture revenue.10% of fees collected on Robinhood Chain (and every other Arbitrum L2) go to the Arbitrum ecosystem — 8% to the tokenholder controlled treasury and 2% to fund development.And of course 100%…— Steven Goldfeder (@sgoldfed) July 8, 2026According to Goldfeder, 8% of those fees are directed to the tokenholder-controlled Arbitrum DAO treasury, while the remaining 2% is used to support ongoing network development.He also noted that 100% of fees generated on Arbitrum One continue to flow directly into the Arbitrum treasury, further reinforcing the ecosystem’s long-term funding model.The fee-sharing mechanism is viewed as a positive development for Arbitrum because it creates an ongoing source of revenue for governance, ecosystem expansion, and developer incentives. As enterprise adoption of Layer 2 networks accelerates, the model could significantly increase the value captured by the Arbitrum ecosystem over time.Investors responded positively to the announcement, sending ARB more than 7% higher during Thursday’s trading session.Technical outlook improves, but key resistance remainsARB has recovered above $0.085, reversing the losses recorded over the previous three sessions. However, the token still trades below several important moving averages, suggesting the broader trend has yet to turn decisively bullish.The 200-day Exponential Moving Average (EMA) remains well above the current price at $0.1409, underscoring the longer-term bearish structure.Meanwhile, momentum indicators are beginning to stabilize. The Moving Average Convergence Divergence (MACD) is showing signs of improving momentum, while the Relative Strength Index (RSI) is hovering near 50, indicating that selling pressure is easing without confirming a full bullish reversal.The first major resistance zone sits between $0.0878 and $0.0891, where several technical barriers converge.This area includes the 50-day EMA at $0.0878, a horizontal resistance level at $0.0883, and the 23.6% Fibonacci retracement level at $0.0891.A successful breakout above this cluster could shift momentum further in favor of buyers and open the path toward the next resistance levels.On the downside, the key support remains around $0.0705, which marks both the previous swing low and the primary Fibonacci support level.ARB/USD 4H ChartHolding above this area would preserve the recent recovery. However, a daily close below $0.0705 could invalidate the current rebound and expose ARB to another leg lower despite improving momentum indicators.For now, traders will be watching whether growing ecosystem revenues and stronger investor sentiment can help ARB break above the critical $0.09 resistance…
X (formerly Twitter)
Steven Goldfeder (@sgoldfed) on X
As enterprise adoption is heating up, Arbitrum is well positioned to capture revenue.
10% of fees collected on Robinhood Chain (and every other Arbitrum L2) go to the Arbitrum ecosystem — 8% to the tokenholder controlled treasury and 2% to fund development.…
10% of fees collected on Robinhood Chain (and every other Arbitrum L2) go to the Arbitrum ecosystem — 8% to the tokenholder controlled treasury and 2% to fund development.…
Kresus launches crypto inheritance service for self-custody users.Users can pass crypto to heirs without sharing private keys.New tool aims to simplify digital asset legacy planning.Kresus has launched a new inheritance planning service designed to help cryptocurrency investors securely transfer their digital assets to beneficiaries after death without sharing private keys or relying on complex recovery procedures.The company said the new subscription-based service, called Kresus Inheritance, is built directly into its self-custody wallet and aims to address one of the biggest challenges facing crypto investors: ensuring digital assets can be passed on across generations while maintaining user control during their lifetime.The launch comes as cryptocurrency ownership continues to grow, while concerns persist over the long-term management and inheritance of self-custodied digital assets.Kresus introduces inheritance planning for crypto holdersKresus said self-custody gives users full control over their cryptocurrency holdings, but the supporting infrastructure available in traditional wealth management has not kept pace.According to the company, beneficiary designations, estate transfer mechanisms, recovery pathways and long-term planning tools remain largely absent from the self-custody ecosystem.Existing alternatives often require users to expose sensitive information, such as writing down seed phrases or sharing private keys, creating potential security risks.“Too much digital wealth has already been lost because there was no plan for what happens next,” said Trevor Traina, Founder and CEO of Kresus.“Self-custody shouldn’t mean your assets disappear if something happens to you. With Kresus Inheritance, we’re giving users a secure and affordable way to protect their legacy and ensure the wealth they’ve built can be passed on to the next generation.”The service is priced at $99.99 per year and is integrated into the Kresus wallet.How the inheritance service worksKresus Inheritance allows users to designate a beneficiary who can gain access to the wallet owner’s cryptocurrency holdings only after a predefined inactivity period has elapsed.The company said private keys are never shared during the transfer process, allowing users to retain full control of their assets while they remain active.Kresus also emphasized that it does not take custody of customer assets.The wallet owner remains in control unless the defined inactivity period expires and the succession process is triggered.According to the company, a user holding $50,000 in Bitcoin can designate a spouse or adult child as a beneficiary without granting them access to the assets before a verified succession event occurs.Crypto ownership grows as inheritance concerns persistKresus cited a Harris Poll study estimating that 55 million US adults, or 21% of the population, now own cryptocurrency.At the same time, the company pointed to research from the Cremation Institute, which found that 89% of crypto investors worry about what happens to their digital assets after death.The company said Kresus Inheritance is intended to address that concern by providing users with a built-in succession planning tool before it becomes necessary.The launch also expands Kresus’ broader wallet platform, which the company said already serves millions of self-custody wallet users through the Kresus Wallet, mini-app experiences and enterprise solutions.Kresus said the new offering reflects its strategy of expanding beyond digital asset storage into a broader wealth management platform, with inheritance planning becoming part of the self-custody experience for cryptocurrency investors.The post Kresus launches crypto inheritance service for self-custody wallet users appeared first on CoinJournal.
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CoinJournal
Kresus launches crypto inheritance service for self-custody wallet users
Kresus launched a crypto inheritance service that lets self-custody wallet users securely pass digital assets to beneficiaries without sharing private keys.
Solana (SOL) is up 18.5% over the past 30 days.Analysts are watching the $85–$90 resistance zone.B3 futures and FullSend add to Solana’s momentum.Solana has regained momentum after a difficult stretch earlier this year, with the token climbing back above the $77 mark and extending its monthly recovery.At the time of writing, SOL is trading at $77.73, up 0.8% over the past 24 hours after moving between $76.25 and $78.62 during the session.Over the past month, the cryptocurrency has gained 18.5%, while its two-week performance stands at 21.6%.The recent recovery has renewed interest in Solana’s outlook, particularly as technical indicators, institutional activity, and network developments begin to align.While the token remains well below its all-time high of $293.31, several analysts believe the current trend has created room for further upside if key resistance levels are cleared.Technical picture points to key breakout levelsSOL’s latest rally follows a rebound of roughly 38% from its recent low near $60, bringing renewed attention to the asset’s technical structure.The recovery also marked Solana’s first positive monthly performance in several months, suggesting that selling pressure has eased.Market analyst Ali Martinez has identified the $85 to $90 region as an important resistance zone.A sustained move above that range would bring the psychologically significant $100 level back into focus.SOLANA: BIG SUPPLY WALLSolana is currently attempting to reclaim a resistance zone between $79 and $85.According to URPD data, roughly 105 million SOL were transacted within this range, establishing a dense supply cluster.Reclaiming this zone as support clears the overhead… https://t.co/CZXB9kPtOz pic.twitter.com/jiZI3GJ8z4— Ali Charts (@alicharts) July 8, 2026Another closely watched analyst, Michaël van de Poppe, has highlighted the importance of the $73- $76 area, describing it as a major support zone that continues to underpin the broader recovery.According to Poppe, as long as that area remains intact, the longer-term structure remains constructive from a technical standpoint.Things start to become interesting here for $SOL.If it is able to hold between $ 73- $ 76 and bounce back upwards, it is a strong signal that the markets are ready to run to higher than $100.If that doesn't happen, boy, we'll be seeing new lows across the board. pic.twitter.com/XRz4iMfxY6— Michaël van de Poppe (@CryptoMichNL) July 8, 2026Attention has also shifted to Solana’s performance against Bitcoin.The SOL/BTC trading pair has shown signs of strengthening after spending months in decline.According to technical analysis, a breakout above the long-term resistance around 0.00140–0.00145 BTC could indicate improving relative strength for Solana compared with Bitcoin.If that breakout is confirmed, technical projections place the next major value area between $140 and $150.Those levels are based on historical trading activity rather than guaranteed price targets, meaning further confirmation would still be needed before the market could sustain such a move.At the same time, focus is on the $75 to $78 range as an important near-term support area.Holding above that zone would help preserve the current recovery, while a break below it could slow bullish momentum.Institutional adoption continues to expandBeyond price action, Solana has also benefited from growing institutional participation.Brazil’s stock exchange, B3, recently expanded its regulated cryptocurrency derivatives offering by introducing Solana futures alongside Ethereum futures and Bitcoin options.The contracts are settled in US dollars and reference Nasdaq’s digital asset benchmark prices.Each Solana futures contract represents 5 SOL, giving professional investors another regulated instrument for gaining exposure to the asset or managing risk through hedging strategies.B3 also reduced the size of its Bitcoin futures contracts to improve accessibility, a move that reflects broader efforts to increase participation in regulated crypto derivatives.The…
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Ali Charts (@alicharts) on X
SOLANA: FROM BEARISH TO BULLISH
The SuperTrend indicator has triggered a new buy signal on the Solana 3-day chart.
• First Signal Since October 10: The Average True Range (ATR) trailing stop has flipped beneath the price action, marking the first SuperTrend…
The SuperTrend indicator has triggered a new buy signal on the Solana 3-day chart.
• First Signal Since October 10: The Average True Range (ATR) trailing stop has flipped beneath the price action, marking the first SuperTrend…
Key takeawaysBitcoin (BTC), Ethereum (ETH), and XRP extended their recovery as geopolitical concerns eased.Market sentiment improved after US President Donald Trump said Iran had reached out to discuss a potential agreement.Bitcoin has surpassed the key $64,000 resistance level, with a breakout potentially strengthening the short-term outlook.Bitcoin (BTC) extended its recovery on Friday, climbing above the $64,000 level as improving investor sentiment supported a broader rebound across the cryptocurrency market.The recovery comes after geopolitical concerns eased following comments from US President Donald Trump, who said Iran had contacted the United States to discuss a potential agreement. The remarks fueled hopes of reduced tensions in the Middle East, encouraging investors to return to risk assets.The positive sentiment also helped Ethereum (ETH) edge closer to $1,800, while XRP stabilized after finding support near key technical levels.Improving risk appetite supports Bitcoin recoveryCryptocurrency markets gained ground as fears surrounding the recent escalation in the Middle East began to subside.Investor confidence improved after Trump indicated that Iran had initiated contact with the United States regarding possible negotiations, raising expectations that diplomatic efforts could help prevent further conflict.The shift in market sentiment prompted renewed buying across digital assets, allowing Bitcoin to recover toward an important technical resistance zone.Bitcoin price analysis: Bulls target higher resistance levelsBitcoin was trading around $64,300 at the time of writing, placing it just below the significant $65,000 resistance area.Although the recent rebound has strengthened short-term momentum, BTC remains below several key trend indicators, suggesting the broader market structure has yet to turn decisively bullish.Bitcoin continues to trade beneath the 50-day Exponential Moving Average (EMA) at $65,399, the 100-day EMA ($68,991), and the 200-day EMA ($75,024)These moving averages form a strong overhead resistance zone that bulls must overcome before confirming a broader trend reversal.Technical indicators suggest buying momentum is slowly returning. The Relative Strength Index (RSI) has moved above the neutral 50 level, indicating strengthening bullish momentum after weeks of weakness.Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, with the MACD line holding above zero and the histogram continuing to expand, signaling that upward momentum is gradually building.While these indicators favor buyers in the short term, they have yet to invalidate the broader bearish structure.The first major resistance for Bitcoin sits near the $64,686 horizontal level. A decisive daily close above this area would bring the 50-day EMA at $65,399 into focus. If buyers clear that hurdle, attention could shift toward the 100-day EMA at $68,991, followed by the 200-day EMA at $75,024.Beyond those levels, the next significant long-term resistance lies around $84,410.On the downside, Bitcoin lacks a strong nearby technical support zone, making the market vulnerable to renewed selling pressure if the current recovery loses momentum. BTC/USD 4H ChartIn that scenario, traders will likely look to the $60,000 psychological level as the next major area where buying interest could emerge.For now, improving geopolitical sentiment has provided Bitcoin with short-term support, but bulls will need to reclaim $64,000 and overcome the cluster of moving average resistance to strengthen the case for a sustained recovery.The post Bitcoin tops $64K as improving risk sentiment boosts crypto market recovery appeared first on CoinJournal.
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Key takeawaysEthereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level.Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious.Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening.Ethereum price nears $1,800 as recovery momentum buildsEthereum (ETH) continued its recovery on Friday, climbing to around $1,790 as buyers pushed the cryptocurrency closer to the important $1,800 resistance level.Although recent gains have improved short-term sentiment, Ethereum remains below several major moving averages, indicating that the broader trend has yet to shift decisively in favor of the bulls.Ethereum’s recovery is approaching a significant technical hurdle at the 50-day Exponential Moving Average (EMA) near $1,800.The asset continues to trade below all of its major trend indicators, including the 50-day EMA at $1,800, the 100-day EMA ($1,956), and the 200-day EMA ($2,235)This cluster of moving averages continues to cap upside momentum and suggests that the broader market remains in a corrective phase despite the recent rebound.Momentum Indicators Turn More ConstructiveTechnical indicators point to improving buying momentum. The Relative Strength Index (RSI) is hovering around 60, moving above the neutral 50 level and indicating that buyers are gradually regaining control.Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, signaling strengthening bullish momentum as Ethereum attempts to build on its recent recovery.While both indicators support additional upside in the short term, a confirmed breakout above the major resistance levels is still needed to establish a stronger bullish trend.The immediate resistance remains the 50-day EMA near $1,800. A successful daily close above this level could allow Ethereum to target the 100-day EMA around $1,956, followed by the important $2,000 psychological resistance. Beyond that, the 200-day EMA near $2,236 represents the next major obstacle for bulls.ETH/USD 4H ChartOn the downside, the primary support level sits around $1,385. A break below this area would signal renewed bearish pressure and could revive the broader downtrend.As long as Ethereum remains above its key support while momentum indicators continue to improve, the possibility of further consolidation—and eventually a breakout above the $1,800 resistance zone—remains intact.The post Ethereum approaches $1,800 as bulls test key resistance appeared first on CoinJournal.
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Key takeawaysBitcoin fell to $63,000 after renewed geopolitical tensions in the Middle East weakened investor risk appetite.The U.S. military’s latest strikes on Iran and heightened tensions around the Strait of Hormuz boosted demand for safe-haven assets while pressuring cryptocurrencies.Spot Bitcoin ETFs recorded $197.4 million in weekly inflows, ending an eight-week streak of net outflows, but institutional buying failed to offset broader market uncertainty.Bitcoin (BTC) traded below $63,000 on Monday as escalating geopolitical tensions in the Middle East weakened investor appetite for risk assets, overshadowing improving institutional demand through spot Bitcoin exchange-traded funds (ETFs).Although Bitcoin ETFs recorded their first week of net inflows in nearly two months, renewed uncertainty surrounding the Strait of Hormuz kept bullish momentum in check.Middle East escalation sparks risk-off tradingMarket sentiment deteriorated after the United States launched fresh military strikes against Iranian targets on Sunday.According to the U.S. Central Command (CENTCOM), the operation targeted Iranian air defense systems, coastal radar installations, missile and drone capabilities, as well as naval assets using fighter aircraft, warships, and both aerial and maritime attack drones.Iranian media reported multiple explosions near Sirik, Bandar Abbas, Qeshm, and Jask—areas located close to key military infrastructure surrounding the Strait of Hormuz.The situation intensified after Iran’s Islamic Revolutionary Guard Corps (IRGC) reportedly targeted another commercial vessel and announced the closure of the Strait of Hormuz, one of the world’s most important oil shipping routes.The escalating conflict prompted investors to reduce exposure to riskier assets, driving West Texas Intermediate (WTI) crude oil above $75 per barrel while cryptocurrencies, including Bitcoin, came under renewed selling pressure.Despite the broader market weakness, institutional demand showed signs of recovery.According to CoinGlass, U.S. spot Bitcoin ETFs attracted $197.4 million in net inflows last week, ending an eight-week streak of consecutive outflows that began in mid-May.The return of institutional buying suggests long-term investor confidence remains intact. However, the renewed geopolitical uncertainty limited the immediate impact of these inflows on Bitcoin’s price.Bitcoin price analysis: Bears continue to defend $64,000Bitcoin was trading around $63,055 at the time of writing, remaining below the critical $64,000 resistance level.The cryptocurrency continues to trade beneath all of its major exponential moving averages (EMAs), highlighting the prevailing bearish market structure.Key resistance levels include:50-day EMA: $65,192100-day EMA: $68,686200-day EMA: $74,736These technical barriers continue to form a strong overhead supply zone, limiting recovery attempts.Momentum indicators suggest selling pressure may be easing, but a bullish reversal has yet to emerge. The Relative Strength Index (RSI) remains just below the neutral 50 level, indicating that buyers have not yet regained control.Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, suggesting downside momentum has moderated. However, the broader technical structure remains bearish as long as Bitcoin trades below key resistance levels.The immediate resistance remains the $64,004 horizontal barrier, where recent rallies have repeatedly stalled.If buyers successfully reclaim that level, attention will shift to the 50-day EMA at $65,192, the 100-day EMA ($68,686), and the 200-day EMA ($74,736).A sustained breakout above these levels could open the door to a longer-term move toward the $84,410 resistance zone.BTC/USD 4H ChartOn the downside, Bitcoin lacks strong technical support immediately below current prices. If selling pressure intensifies, traders are likely to focus on the $60,000 psychological level, which could serve as the next major support area.For now, Bitcoin’s near-term direction will…
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Bitcoin ETF Fund Flows | Spot BTC Net Inflow & Holdings | CoinGlass
Explore the latest Bitcoin ETF market trends. CoinGlass provides you with a comprehensive Bitcoin ETF tracker and overview,Bitcoin ETF Flows ,Bitcoin ETF Inflows and Outflows, including trading volume, market capitalization, fees, and more. Stay informed…
Key takeawaysPi Network (PI) fell another 6% on Monday after dropping 7% the previous day, extending its prolonged downtrend.Retail participation continues to weaken, with Open Interest falling below $9 million, signaling declining leveraged trading activity.Analysts warn that ongoing token unlocks could continue to pressure prices if supply outpaces demand.Pi Network (PI) remained under heavy selling pressure on Monday, falling around 6% after suffering a 7% decline in the previous trading session.The continued weakness reflects fading retail participation, declining leveraged positions, and concerns that ongoing token unlocks could keep supply ahead of demand. Technical indicators also suggest the correction may not be over, with the token approaching a key support level near $0.075.Retail demand continues to fadeRecent derivatives data points to weakening interest among traders. According to CoinAnk, Pi Network’s Open Interest (OI) declined to $8.48 million on Monday from $8.91 million a day earlier.The drop in Open Interest indicates that traders are closing leveraged positions rather than opening new ones, reflecting reduced confidence and lower speculative activity around the token.Pi Network price analysis: Bears target the $0.075 supportTechnically, Pi Network has remained in a persistent downtrend since late April, forming a falling channel pattern on the daily chart.The latest decline has pushed the token closer to the channel’s lower support trendline around $0.075.If sellers successfully break below this level, the next significant support is located near $0.0679, which corresponds to the 1.618 Fibonacci extension measured from the previous decline between $0.1998 and $0.1183.Technical momentum continues to favor the bears. The Relative Strength Index (RSI) has fallen to approximately 10, placing the asset deep in oversold territory and highlighting the intensity of the recent selling pressure.Meanwhile, the Moving Average Convergence Divergence (MACD) remains below the zero line, with both the MACD and signal lines trending lower while negative histogram bars continue expanding.Together, these indicators suggest bearish momentum remains firmly in control despite increasingly oversold conditions.The immediate focus remains on the $0.075 support level. A decisive breakdown below this area could accelerate losses toward $0.0679, reinforcing the prevailing downtrend.On the upside, if buyers manage to defend support and trigger a rebound, PI could first target the 1.272 Fibonacci extension at $0.0961, followed by the important $0.1000 psychological resistance.PI/USD 4H ChartUntil stronger buying activity returns, however, Pi Network’s technical outlook continues to favor additional downside as weak retail demand and expanding token supply weigh on market sentiment.The post PI slides 15% as weak demand raises risk of drop to $0.075 appeared first on CoinJournal.
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Hyperliquid price holds above key support as traders watch the $61.92 level.Bitcoin’s move around $63,000 could shape HYPE’s next direction.Hyperliquid’s total open interest has climbed to nearly $11 billion.Hyperliquid (HYPE) has entered a crucial phase after retreating from its recent record high, with traders closely watching whether the token can stabilise above key support levels.The latest pullback comes as broader cryptocurrency markets react to rising geopolitical tensions, leaving Bitcoin’s next move at the centre of attention.However, while HYPE has lost momentum over the past week, the network continues to post strong trading activity, creating an interesting contrast between short-term price action and underlying platform growth.Hyperliquid price tests support after weekly declineHYPE is trading around $65, down 7.0% over the past seven days after reaching an all-time high of $76.87 on June 16.The correction has pushed the token toward an important support area between $64 and $65, where buyers have started defending prices.The next few trading sessions could prove decisive.If the Hyperliquid price manages to reclaim $67 with stronger buying volume, the token could make another attempt at the $70 level.However, a failure to hold the current support zone would shift attention to $61.92, which has emerged as the next major technical floor.A break below $61.92 could expose the token to additional downside, with $60 becoming the next area traders are likely to monitor.Bitcoin remains one of the biggest external factors influencing that outlook.The broader market has been under pressure following renewed geopolitical uncertainty, and Bitcoin’s ability to remain above $63,000 is viewed as an important signal for risk assets across the cryptocurrency market.If Bitcoin maintains above $63,000, it could provide enough stability for HYPE to consolidate. A move below it, on the other hand, could trigger another wave of selling across altcoins.Technical indicators point to mixed short-term momentumThe latest technical indicators suggest that HYPE has not yet established a clear directional trend despite the recent correction.The Relative Strength Index (RSI) currently stands at 47.99, placing it in neutral territory.This indicates that the token is neither overbought nor oversold, leaving room for either buyers or sellers to take control depending on broader market conditions.Hyperliquid priceExponential moving averages paint a more constructive picture over a longer timeframe.HYPE continues to trade above its 50-day, 100-day and 200-day exponential moving averages (EMAs), signalling that the broader uptrend remains intact despite the recent decline.At the same time, the token has dropped below its 10-day and 20-day EMAs, showing that short-term resistance remains in place before momentum can fully recover.This combination of indicators suggests that while the long-term forecast remains positive, the near-term direction will depend on whether buyers can regain control around current price levels.Hyperliquid platform activity continues to expandAlthough HYPE has pulled back from its recent highs, activity on the Hyperliquid ecosystem continues to grow.The protocol’s total value locked (TVL) stands at approximately $6.013 billion, reflecting continued capital committed to the platform.At the same time, 24-hour trading volume remains close to $296 million, highlighting sustained market participation despite recent volatility.Another notable development is the rapid growth in derivatives activity. Total open interest has climbed to roughly $11 billion, while real-world asset (RWA) perpetual contracts account for approximately $3.6 billion of that figure.Real-world asset (RWA) open interest on Hyperliquid reached a new ATH of $3.6BTotal OI reached a new high for 2026 of $11B pic.twitter.com/FJyeuUq0ya— Hyperliquid (@HyperliquidX) July 13, 2026The increase shows that traders are expanding beyond crypto-native products into tokenised exposure linked to traditional financial assets.The…
CoinJournal
BTC slips below $63K as Middle East tensions offset ETF inflows
Bitcoin trades around $63,000 as Middle East tensions dampen risk appetite despite renewed spot ETF inflows.
Key takeawaysStellar (XLM) extends losses as renewed U.S.-Iran tensions fueled a risk-off market environment.XLM is currently hovering near critical support around $0.177.XLM could test support near $0.173 if selling pressure intensifies.Stellar (XLM) remains under pressure on Tuesday as investors reduced exposure to risk assets following escalating geopolitical tensions between the United States and Iran.The broader cryptocurrency market weakened after renewed military developments in the Middle East increased uncertainty, pushing investors toward safer assets while weighing on altcoins.US-Iran escalation dampens investor confidenceAccording to reports, the U.S. Central Command (CENTCOM) confirmed that American forces carried out additional strikes on Iranian military targets while maintaining more than 50,000 U.S. troops across the Middle East.Iranian state-affiliated media also reported strikes in southern Iran, while the Islamic Revolutionary Guard Corps (IRGC) said it had disabled two supertankers in the Strait of Hormuz, accusing them of violating navigation warnings.The IRGC warned that continued military activity in the region could delay the reopening of the strategic waterway and disrupt global energy supplies.The heightened geopolitical tensions pushed West Texas Intermediate (WTI) crude oil above $80 per barrel, reinforcing a broader risk-off mood across financial markets and placing additional pressure on cryptocurrencies such as XLM.Futures market data indicates traders are becoming increasingly cautious on both assets.According to CoinGlass, XLM open interest dropped to approximately $182.21 million, extending the decline from elevated levels recorded in June.Falling open interest alongside declining prices often signals that traders are closing positions rather than opening new ones, reflecting weakening market participation and reduced confidence.Funding rates have also turned negative for XLM and now read -0.0021%. Negative funding rates indicate that short sellers are paying long-position holders, highlighting increased demand for bearish positions in the perpetual futures market.Stellar (XLM) price analysis: Momentum remains weakStellar also continues to struggle as it trades near $0.179, below its major moving averages.Current resistance levels include the 50-day EMA at $0.186, the 100-day EMA ($0.190), and the 200-day EMA ($0.196)The RSI remains near 41, reflecting subdued momentum, while the MACD continues to trend in negative territory, suggesting buyers have yet to regain control.XLM/USD 4H ChartThe first major support is located near $0.177, followed by the 78.6% Fibonacci retracement level around $0.173.If bearish momentum strengthens, XLM could decline toward a broader support zone near $0.142.Should buyers return, resistance awaits at $0.186, $0.190, and $0.196, with additional upside barriers near $0.200, $0.218, $0.237, and $0.260.The post Geopolitical tensions weigh on Stellar as bears target key support levels appeared first on CoinJournal.
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Stellar Futures Market Data, Liquidations, Open Interest, Long/Short Ratio, Funding Rate | CoinGlass
Explore Stellar futures market data and key metrics on CoinGlass. Track liquidations, open interest, long/short ratio, funding rates, and trading volume to analyze Stellar derivatives market activity, assess risks, and understand shifts in market sentiment…
Key takeawaysSolana (SOL) has fallen below its 50-day Exponential Moving Average (EMA), signaling increasing bearish pressure.The MACD has turned bearish, while the Relative Strength Index (RSI) has dropped below the neutral level.Key support sits at $67.50, the level that previously sparked a rebound in late June. Solana (SOL) remained under pressure on Tuesday, extending its recent weakness as the token slipped below its 50-day Exponential Moving Average (EMA), a technical development that points to growing bearish momentum.At the time of writing, SOL was trading below $75.00, remaining beneath both the 50-day EMA at $76.63 and the 200-day EMA at $97.65. The inability to reclaim these key technical levels suggests sellers continue to dominate the market.Momentum indicators turn increasingly bearishTechnical indicators are signaling that bullish momentum is fading. The Moving Average Convergence Divergence (MACD) has crossed below its signal line, producing fresh bearish histogram bars that indicate strengthening downward momentum.Meanwhile, the Relative Strength Index (RSI) has declined to 46, slipping below the neutral 50 mark. This suggests buying pressure is weakening while sellers gradually regain control of the market.Together, these indicators reinforce the likelihood of continued downside unless market sentiment improves.The most important support for Solana currently lies around $67.50. This horizontal support level previously triggered a notable rebound in late June and could once again attract buyers if selling pressure intensifies.A decisive break below $67.50 would likely increase the risk of a deeper correction and could encourage additional bearish positioning.For Solana to improve its short-term outlook, buyers must first reclaim the 50-day EMA near $76.63, which now serves as immediate resistance.A sustained breakout above this level could open the door for a move toward the 200-day EMA around $97.65, where stronger selling pressure is expected to emerge.SOL/USD 4H ChartSolana remains technically vulnerable after falling below its 50-day EMA, with bearish momentum indicators suggesting sellers remain in control. As long as SOL trades beneath its major moving averages, the risk of further downside persists. Traders will be closely watching the $67.50 support level, while any meaningful recovery will depend on the token reclaiming the 50-day EMA and restoring bullish momentum.The post Solana slips below 50-Day EMA as bearish momentum strengthens appeared first on CoinJournal.
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Injective (INJ) climbed 5.1% after breaking above key technical resistance.Strong volume supports a potential move toward $5.30.Analysts highlight improving momentum despite macro risks.Injective is posting one of the strongest short-term performances among major altcoins today.While much of the cryptocurrency market remained subdued, INJ climbed more than 5% over the past 24 hours, supported by a decisive technical breakout and a sharp increase in trading activity.The move has shifted focus to the next key resistance level at $5.30.At the same time, improving on-chain metrics and renewed optimism among market analysts have added to the growing interest in the token.Technical breakout puts $5.30 in focusAt press time, INJ traded around $5.02 after gaining 5.1% over the previous 24 hours.The latest rally was largely driven by a breakout above the 30-day simple moving average near $4.85.Buyers also pushed the token through the 50% Fibonacci retracement level around $5.06, a level that had capped previous recovery attempts.The surge also stood out because it occurred while Bitcoin was slightly weaker during the same period, indicating that the latest advance was driven primarily by Injective’s own technical setup rather than broad market strength.Unlike many short-lived price spikes, this breakout was accompanied by stronger participation from traders.Daily trading volume rose by more than 26% to approximately $86.9 million, suggesting that the move was supported by fresh buying interest rather than weak liquidity.The next level attracting attention now is the 38.2% Fibonacci resistance around $5.30.Holding above the $4.85 breakout zone would keep that target in focus, while losing this level could expose the token to another test of support near $4.50.On-chain activity continues to support the networkThe recent price action also comes alongside several encouraging developments within the Injective ecosystem.The network has processed more than $34 billion in derivatives trading volume, highlighting continued activity across its decentralised finance infrastructure.At the same time, Injective has strengthened its stablecoin ecosystem through native USDC support, making it easier for users and developers to access on-chain liquidity.Another closely watched metric is the Community Buyback mechanism.More than 7.1 million INJ have now been permanently removed from circulation through the program, reinforcing the network’s long-term deflationary model.The latest CoinGecko report puts Injective's growth into perspective.Top 10 L1 by protocol revenue, $34B+ in derivatives volume, native USDC, and 7.1M+ $INJ burned through the Community Buyback.$INJ keeps proving its strength with real onchain activity. @injective pic.twitter.com/Fe39MnS5Hm— LOST CAT (@0x_Eligible) July 14, 2026Protocol revenue has also remained among the strongest across Layer-1 blockchain networks, reflecting sustained activity rather than growth driven purely by speculation.Although there were no major partnership announcements or protocol upgrades directly linked to the latest price increase, these on-chain metrics continue to provide additional context for the token’s recent resilience.Analysts point to improving market structureMarket participants have also been watching several technical assessments published over the past few days.Veteran financial trader Matthew Dixon said the broader cryptocurrency market could still form a meaningful low later in the year, but identified Injective as one of the stronger-looking altcoins.According to Dixon, INJ established an important bottom between $2.60 and $2.80 before advancing toward the $6.80 to $7.00 area in what he described as a possible five-wave structure.More importantly, the subsequent correction failed to create new lows and remained above major Fibonacci retracement levels, a pattern he considers healthier than that seen in many competing altcoins.Dixon highlighted several important support levels for traders to monitor, including $4.57, $4.32, and $4.14. He…
CoinJournal
BTC slips below $63K as Middle East tensions offset ETF inflows
Bitcoin trades around $63,000 as Middle East tensions dampen risk appetite despite renewed spot ETF inflows.
KuCoin launches Celestia Stage at Tomorrowland Belgium 2026.Partnership blends crypto, music and immersive storytelling experiences.More artists and community activations will be announced soon.Cryptocurrency exchange KuCoin has unveiled the Celestia Stage at Tomorrowland Belgium 2026, marking a new phase in its multi-year strategic partnership with the global electronic music festival.The announcement reinforces KuCoin’s role as Tomorrowland’s Official Exclusive Crypto Exchange and Crypto Payments Partner.According to the company, the collaboration extends beyond traditional sponsorship and aims to create an immersive experience centered on trust, innovation, and community.The Celestia Stage is designed to reflect the shared vision of both organizations, bringing together music, technology and storytelling while highlighting themes of transformation, curiosity and human connection.Celestia Stage draws inspiration from Tomorrowland’s mythologyAccording to KuCoin, the new stage is inspired by the legend of Celestia in the Tomorrowland universe and takes the form of a celestial butterfly, symbolizing transformation, growth and new beginnings.The stage combines organic landscapes, crystalline structures and digital design elements to create an environment where nature and technology coexist.Throughout the festival, KuCoin Guardians will also appear across the venue as part of an interactive storytelling experience intended to extend the Celestia theme beyond the stage itself.KuCoin said the project reflects its broader ambition of positioning itself as a trusted guide in digital finance, making innovation more accessible to users while emphasizing trust as a core principle.Commenting on the partnership, BC Wong, CEO of KuCoin, said:“Tomorrowland has always inspired people to discover something beyond themselves through music, creativity and imagination. That philosophy closely reflects our own vision. At KuCoin, we believe trust is what empowers people to embrace the future with confidence. Celestia is much more than a stage. It is a shared symbol of transformation, curiosity and connection. Together with Tomorrowland, we hope to create an experience where innovation feels approachable, communities feel connected, and every visitor is inspired to explore what comes next.”Partnership brings together music and digital financeTomorrowland has built a global audience over nearly two decades through electronic music and large-scale live experiences.KuCoin said it shares a similar community-focused approach, noting that its platform now serves more than 40 million users across over 200 countries and regions.The exchange said the partnership aims to demonstrate how culture, technology and digital finance can come together through shared experiences rather than conventional brand sponsorship.KuCoin added that it sees trust as the foundation for wider participation in the digital economy and believes the Celestia Stage reflects that vision by combining entertainment with interactive engagement.More festival details to be announcedThroughout Tomorrowland Belgium 2026, the Celestia Stage will host an electronic music program alongside immersive artistic installations and storytelling experiences based on the Celestia narrative.Festival attendees will also encounter KuCoin Guardians across the festival grounds as part of the activation.KuCoin said additional details, including the full artist lineup, immersive stage experiences and community activations, will be announced in the coming weeks as the partnership continues to develop throughout the festival.The post KuCoin unveils Celestia Stage as Tomorrowland Belgium 2026 partnership expands appeared first on CoinJournal.
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KuCoin unveils Celestia Stage as Tomorrowland Belgium 2026 partnership expands
KuCoin unveiled the Celestia Stage at Tomorrowland Belgium 2026, expanding its partnership with the festival through an immersive music, technology and community experience.
Key takeawaysSolana (SOL) has rebounded above its 50-day EMA at $76.82 after a 4% rally.Rising futures trading volume and positive funding rates point to growing bullish sentiment among retail traders.Solana ETFs have recorded two consecutive days of zero inflows, signaling muted institutional demand.Solana (SOL) extended its recovery on Wednesday, climbing above its 50-day Exponential Moving Average (EMA) after gaining roughly 4% in the previous session.The rebound comes as improving sentiment across the cryptocurrency market encourages renewed retail participation, while institutional investors remain cautious despite the broader market rally.Retail traders return to Solana futuresRecent derivatives data suggests retail traders are becoming more optimistic about Solana’s short-term outlook.According to CoinGlass, SOL futures open interest has remained stable at approximately $4.91 billion over the past 24 hours, indicating traders are maintaining existing leveraged positions rather than exiting the market.Meanwhile, futures trading volume jumped 15% to around $6.90 billion, reflecting stronger market activity and continued position building.Adding to the positive outlook, Solana’s funding rate remains in positive territory at approximately 0.0040%, suggesting traders are willing to pay a premium to maintain long positions—a sign that bullish sentiment is strengthening among retail participants.While retail activity has improved, institutional demand has yet to show similar strength.Data from SoSoValue indicates that Solana exchange-traded funds (ETFs) have recorded two consecutive trading sessions with zero net inflows this week.The lack of fresh ETF investment suggests traditional investors are adopting a wait-and-see approach despite the recent rebound in cryptocurrency prices.This divergence between retail enthusiasm and institutional caution could influence the sustainability of Solana’s recovery.Solana price analysis: $81.50 remains key breakout levelFrom a technical perspective, Solana has strengthened after reclaiming its 50-day EMA at $76.82.The token is also trading above the 50% Fibonacci retracement level at $76.92, measured from the decline between $98.41 and $60.13, reinforcing the improving short-term structure.However, SOL continues to face significant resistance from a descending trendline positioned near $81.50, while the 200-day EMA at $94.52 remains a major long-term barrier.A decisive daily close above $81.50 would confirm a breakout from the prevailing downtrend and could trigger a move toward the $88.56 resistance and the 200-day EMA at $94.52.Technical indicators suggest bullish momentum is slowly building. The Relative Strength Index (RSI) is hovering around 54, indicating modest buying pressure without entering overbought territory.Meanwhile, the Moving Average Convergence Divergence (MACD) is approaching a bullish crossover near its signal line, reflecting a neutral-to-positive momentum shift that could support additional upside if buying pressure continues.SOL/USD 4H ChartIf Solana encounters renewed selling pressure, traders will likely monitor the following support levels:50-day EMA: $76.82Previous ascending trendline: $68.88Cycle low: $60.13Holding above the 50-day EMA would help preserve the current recovery, while a break below it could expose SOL to a deeper pullback toward the lower support zones.The post Solana reclaims the 50-day EMA as bulls target a breakout above $81.50 appeared first on CoinJournal.
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Solana Futures Market Data, Liquidations, Open Interest, Long/Short Ratio, Funding Rate | CoinGlass
Explore Solana futures market data and key metrics on CoinGlass. Track liquidations, open interest, long/short ratio, funding rates, and trading volume to analyze Solana derivatives market activity, assess risks, and understand shifts in market sentiment…