Bybit’s new simulator previews both Dual Asset settlement outcomes clearly.Redesigned interface reduces steps needed to compare terms and place orders.VIP-tier products with enhanced APR rates open to all users every Friday.Bybit said on Friday that it had upgraded its Dual Asset product with a new investment simulator, a simplified interface and broader access to products carrying VIP-tier annual percentage rates.The Dubai-based company, which describes itself as the world’s second-largest cryptocurrency exchange by trading volume, said the changes are intended to make the short-term structured investment product easier to understand and use.Bybit Dual Asset is a non-principal-protected product that allows users to set a target price for buying or selling cryptocurrency.Investors earn APR rewards on their principal at settlement, regardless of whether the selected target price is reached.A simulator for settlement outcomesThe main addition is a simulator that lets users preview potential outcomes before placing an order. Traders can choose a token from a searchable list, enter their investment amount and select from the available durations.The tool displays the two possible settlement scenarios side by side in a single illustration, giving users a clearer view of the product’s possible outcomes.A “Match My Assets” filter also highlights coins based on a user’s existing holdings.Bybit said this feature is designed to make product selection more efficient. Users can reach the simulator by switching on “Beginner Mode” under “Choose Product Plan”.The company has also redesigned the wider Dual Asset interface. The updated layout reduces the number of steps needed to compare product terms and place an order.VIP products open to all on FridaysBybit is also expanding access to Dual Asset products previously limited to VIP customers. Every Friday, all users will be able to access selected VIP-exclusive products with enhanced APR rates without holding a VIP membership.The weekly access window extends the higher-rate offering to a broader section of the exchange’s user base while retaining the existing product structure.Bybit said users can earn a competitive yield when a target trade is executed, settling at the preset price while also receiving APR rewards.The product may also allow users to buy at a lower price or sell at a higher price than through a direct trade when the target price is reached.When the target is not triggered, users receive their principal back together with the APR rewards accrued during the investment period.The company noted, however, that the product remains non-principal-protected and that terms, eligibility requirements and potential restrictions apply.The post Bybit adds simulator, unlocks VIP crypto yields for all in Dual Asset upgrade appeared first on CoinJournal.

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World Chain launches streamed EIP-7928 on mainnet Aug. 17.New feature enables parallel block verification for validators.Upgrade targets higher throughput without more hardware.World Chain said it will become the first production layer-2 blockchain to deploy streamed EIP-7928 block access lists, introducing the feature on its mainnet from Aug. 17 in a move aimed at improving transaction throughput without increasing validator hardware requirements.The network said it will stream full block access lists inside every flashblock, allowing validators to begin verifying transactions while blocks are still being assembled.The implementation is designed to address one of the blockchain industry’s key scaling challenges—boosting transaction capacity without compromising decentralization by forcing validators to use increasingly powerful hardware.According to the company, the rollout marks the first production implementation of streamed EIP-7928 block access lists and contributes to Ethereum’s broader scaling roadmap.Parallel verification targets higher throughputOn most blockchain networks, validators verify blocks by re-executing every transaction sequentially before confirming a block’s validity.World Chain said full block access lists change that process by recording the blockchain state that each transaction reads and writes, enabling independent transactions to be verified simultaneously across multiple CPU cores.The company said its implementation extends the EIP-7928 specification by streaming access list data every 200 milliseconds through its flashblock architecture.Instead of waiting for an entire block to be completed, validators can begin verifying transactions immediately as the block is built.World Chain said this approach reduces validation latency while distributing verification work throughout the block-building process.The network said the technology allows it to target throughput of up to one gigagas per second while keeping validator hardware requirements effectively unchanged.Deployment avoids hard fork requirementUnlike Ethereum’s planned implementation of EIP-7928, which is expected to arrive as part of the future Glamsterdam upgrade, World Chain said it is deploying the feature through a runtime flag rather than a hard fork.This approach allows client operators to upgrade software ahead of the Aug. 17 mainnet rollout without requiring a coordinated network-wide upgrade.The company said internal benchmarking on World Chain test networks showed validation latency remained effectively stable even as throughput increased substantially, reaching up to one gigagas per second using standard cloud infrastructure.According to the results, higher transaction throughput can be achieved without a corresponding increase in the computing resources required for independent chain verification.Focus on scalability and decentralizationWorld Chain said the rollout is intended to demonstrate a practical approach to improving blockchain scalability while preserving accessibility for independent validators, which it described as an important requirement for maintaining decentralized networks.The layer-2 network is built using the OP Stack, secured by Ethereum, and forms part of the Superchain ecosystem.It is integrated with the World protocol and is designed to support applications including stablecoin payments, international remittances, commerce and other real-world use cases.The network also incorporates World ID’s proof-of-human technology and can be accessed through compatible wallets, including World App. The post World Chain to launch streamed EIP-7928 block access lists appeared first on CoinJournal.

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Key takeawaysEthereum trades near $1,918 with a mildly bullish short-term outlook.ETH holds above the 50-day EMA at $1,864 but remains capped by the 100-day EMA near $1,924.The RSI at 56 signals steady buying momentum without overbought conditions.Ethereum consolidates near $1,918Ethereum (ETH) trades around $1,918, maintaining a mildly constructive outlook as buyers defend the area above its 50-day Exponential Moving Average (EMA).The second-largest cryptocurrency is currently caught between the 50-day EMA at approximately $1,864 and the 100-day EMA near $1,924. This narrow range reflects an ongoing battle between buyers seeking to extend the recovery and sellers defending the longer-term resistance level.Ethereum’s ability to hold above the 50-day EMA suggests that traders continue to buy price declines. However, ETH must decisively overcome the 100-day EMA to establish stronger bullish momentum.ETH buyers defend the 50-Day EMAThe 50-day EMA at $1,864 provides Ethereum’s most important near-term support. ETH’s position above this indicator signals that the short-term trend is improving and that buyers remain active during pullbacks. Continued support above the moving average would preserve the possibility of a breakout toward $2,000.However, Ethereum remains below the 100-day EMA at $1,924. This moving average has emerged as an immediate barrier and could continue to limit the recovery unless trading volume and buying pressure strengthen.A sustained daily close above $1,924 would provide an early indication that bulls are gaining control.Ethereum’s momentum indicators support a cautiously optimistic outlook. The Relative Strength Index stands near 56, above its neutral midpoint of 50. This reading points to steady bullish momentum while remaining comfortably below the overbought threshold of 70.The RSI therefore leaves Ethereum with room to advance before the rally becomes technically overstretched.Meanwhile, the Moving Average Convergence Divergence line remains slightly negative but continues to improve. This setup indicates that bearish momentum is weakening, although it does not yet confirm a fully established bullish trend.Together, the RSI and MACD suggest that buyers are gradually strengthening their position.Ethereum faces its first immediate resistance at the 100-day EMA near $1,924. A decisive move above this level could clear the way toward the psychological and horizontal resistance at $2,000. This area will likely represent a significant test because round-number levels often attract increased selling and profit-taking.A sustained breakout above $2,000 would improve Ethereum’s technical structure and bring the 200-day EMA at approximately $2,124 into focus.The 200-day EMA is particularly important because it serves as a broader measure of the long-term trend. ETH would need to reclaim this level to signal a more significant bullish reversal.Ethereum’s recovery faces three major overhead barriers:The 100-day EMA at $1,924The psychological resistance at $2,000The 200-day EMA at $2,124Breaking through $1,924 would strengthen the short-term outlook, while a move above $2,000 could attract additional buying interest.However, the 200-day EMA at $2,124 remains the broader trend cap. Failure to clear this moving average could leave Ethereum vulnerable to renewed selling pressure after any short-term rally.The current pivot area around $1,918 provides Ethereum’s initial support. If ETH loses this level, the 50-day EMA at $1,864 would become the next important defensive zone. Buyers must protect this moving average to preserve the constructive short-term structure.ETH/USD 4H ChartA decisive break below $1,864 could weaken momentum and increase the risk of a deeper correction. In that scenario, the distant horizontal support at $1,385 could eventually come into focus, although intermediate support levels may slow the decline.For now, Ethereum maintains a mildly bullish bias above the 50-day EMA. A confirmed close above $1,924 is needed to open the path toward $2,000 and…

Key takeawaysXRP trades around $1.03 after falling more than 5% during the previous week.The token remains below its 50-day, 100-day, and 200-day EMAs, maintaining a bearish technical structure.An RSI reading near 39 and a negative MACD signal indicate persistent selling pressure.XRP trades near $1.03 on Monday, recording a modest rebound after declining more than 5% during the previous week.Despite the intraday recovery, XRP retains a bearish near-term outlook because it remains below all three major Exponential Moving Averages. Weak momentum indicators also suggest that sellers continue to control the broader price trend.The $1.00 psychological level is now crucial. Buyers must defend this support to prevent another leg lower, while XRP needs to reclaim the 50-day EMA at $1.10 to improve its short-term outlook.XRP remains below all major moving averagesXRP currently trades below the 50-day EMA at $1.10, the 100-day EMA at $1.18, and the 200-day EMA at $1.37Trading below all three moving averages reflects weakness across short-, medium-, and long-term time frames.The positioning also creates a wide zone of overhead resistance. Any XRP recovery is likely to face renewed selling as the price approaches these moving averages.The 50-day EMA at $1.10 represents the first major test. A sustained daily close above this level would suggest that short-term momentum is beginning to improve.XRP’s momentum indicators remain bearish despite Monday’s slight recovery. The Relative Strength Index stands near 39, below its neutral midpoint of 50. This reading shows that selling pressure remains dominant, although XRP has not yet entered the conventional oversold zone below 30.The Moving Average Convergence Divergence indicator is also negative, reinforcing the bearish outlook.Together, the RSI and MACD suggest that XRP’s rebound may remain limited unless buyers return with stronger trading volume. Any short-term rallies could attract selling while the token remains beneath its major moving averages.XRP approaches critical $1 supportThe psychological and horizontal level at $1.00 provides XRP’s most important immediate support.Buyers may attempt to defend this area because round-number levels often attract increased demand. Holding above $1 could allow XRP to consolidate and make another attempt to reclaim its 50-day EMA.However, a decisive daily close below $1.00 would weaken the technical structure and could accelerate selling pressure.The absence of another specified nearby support means that a breakdown could expose XRP to a deeper correction as traders search for the next demand zone.XRP must break above the 50-day EMA at $1.10 to begin reversing its bearish short-term trend.The move from $1.03 to $1.10 would require a gain of nearly 7%. Clearing this moving average could encourage buyers to target the 100-day EMA at $1.18.If XRP breaks above $1.18, the horizontal resistance at $1.30 would become the next upside target.However, each of these levels could attract profit-taking and renewed selling, making a sustained recovery dependent on strong demand and improving momentum.The 200-day EMA at $1.37 represents XRP’s most substantial technical barrier. This moving average serves as an important gauge of the broader trend. XRP would need to reclaim it to signal a meaningful shift away from its long-term bearish structure.Beyond $1.37, the next major resistance is located around $1.90. However, this target remains distant while XRP trades below its nearer moving-average barriers.For now, the more immediate recovery path runs through $1.10, $1.18, and $1.30.XRP/USD 4H ChartXRP’s technical outlook remains bearish despite its modest recovery to $1.03. The token’s position below all major moving averages and its weak momentum indicators suggest that sellers retain control. The $1.00 support level will determine whether XRP can stabilize or faces another wave of losses.Holding above $1 could support consolidation and a recovery toward the 50-day EMA at $1.10. Conversely, a decisive breakdown would…

Key takeaways Stellar has fallen below a critical support zone.The long-to-short ratio for XLM has declined to 0.94 and 0.90, respectively.The funding rate for XLM has turned negative, reflecting stronger demand for short positions.XLM continues to underperformStellar (XLM) remains under pressure on Tuesday after recording modest declines during the previous session. XRP is drifting toward the psychologically important $1.00 level, while XLM has slipped below a key support zone.Weakening derivatives-market indicators are limiting the prospects of an immediate recovery for XLM. Declining long-to-short ratios, negative funding rates and rising open interest suggest that traders are increasingly positioning for further price declines. XLM’s long-to-short ratio has fallen to 0.90 on Tuesday, approaching its lowest level in more than a month.A ratio below one indicates that short positions outnumber long positions, meaning more traders are betting that the assets will decline. The current readings suggest that bearish sentiment is particularly strong among XLM traders.The falling ratios also indicate that confidence in a near-term rebound is weakening as both assets struggle to recover from their recent losses.XLM technical forecast: XLM could dip to $0.1500Stellar (XLM) trades near $0.161 on Tuesday, extending its decline below the short- and medium-term Exponential Moving Averages. The current structure keeps XLM’s near-term outlook bearish as buyers struggle to regain control.The token remains below the descending trendline breakout level at $0.166, which now acts as immediate resistance. Its Relative Strength Index stands near 35, indicating weak buying momentum without placing XLM in technically oversold territory.The Moving Average Convergence Divergence indicator also remains below its zero line, reinforcing the downside bias as XLM consolidates beneath its key moving averages.If a recovery begins, XLM must first reclaim the descending trendline near $0.166. A sustained move above that level could allow buyers to challenge the horizontal resistance at $0.177.XLM/USD 4H ChartThe 50-day EMA at $0.178 and the 100-day EMA at $0.181 create a concentrated resistance zone that could limit further gains. Above these levels, the 200-day EMA at $0.193 represents a broader bearish pivot. Reclaiming this moving average would be necessary to signal a more meaningful change in trend.On the downside, XLM’s next major support is located at $0.142. A decisive break below this level could accelerate the current decline and expose the token to further losses before buyers attempt to establish a new price floor.The post Stellar price risks a deeper correction toward $0.142 appeared first on CoinJournal.

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Key takeawaysBitcoin trades below $64,000 as stalled US-Iran negotiations weaken demand for risk-sensitive assets.Rising oil prices are increasing inflation concerns and expectations of another Federal Reserve rate hike.US spot Bitcoin ETFs recorded $144.67 million in net outflows on Monday, ending a five-day inflow streak.Bitcoin (BTC) is struggling below $64,000 at the time of writing on Tuesday as rising oil prices and uncertainty surrounding the US-Iran negotiations weigh on market sentiment.Weakening institutional demand has added to the pressure. US spot Bitcoin exchange-traded funds recorded net outflows at the beginning of the week, ending a five-day run of positive flows.The combination of geopolitical uncertainty, renewed inflation concerns and softer ETF demand is keeping investors cautious and limiting Bitcoin’s ability to recover.US-Iran deadlock pushes oil prices higherNegotiations between the United States and Iran over a potential peace agreement and the reopening of the Strait of Hormuz appear to have reached an impasse.US President Donald Trump responded to Iran’s conditions for a peace agreement with additional demands on Monday, including compensation for people killed in wars, attacks and protests, according to Reuters.The rhetorical escalation could complicate diplomatic efforts and delay the reopening of the Strait of Hormuz, a critical route for global energy shipments.Concerns about prolonged disruption have pushed oil prices higher while pressuring risk-sensitive assets such as Bitcoin.A sustained increase in energy prices could lift production and transportation costs, creating renewed inflationary pressure. Higher inflation could give the Federal Reserve more reason to maintain restrictive monetary policy or raise interest rates.Expectations of another Federal Reserve rate increase have strengthened alongside the rally in oil prices.The CME FedWatch Tool shows that market participants are pricing in a 51.3% probability of a 25-basis-point rate hike at the Fed’s September meeting. That figure has increased from 44.1% on Friday.Higher interest rates generally reduce demand for speculative assets by increasing borrowing costs and making interest-bearing investments more attractive. As a result, rising rate-hike expectations could continue to limit Bitcoin’s upside.However, expectations could shift again in response to incoming inflation, employment and economic-growth data.Institutional demand for Bitcoin began the week on a weaker footing. US spot Bitcoin ETFs recorded $144.67 million in net outflows on Monday, according to SoSoValue. The withdrawal ended five consecutive trading days of net inflows.ETF flows are closely watched because they provide insight into demand from institutional and traditional-market investors. Sustained inflows can support Bitcoin by increasing spot-market buying, while persistent outflows can add selling pressure.Monday’s outflow does not necessarily establish a broader trend. However, additional withdrawals throughout the week could deepen Bitcoin’s correction and further weaken investor sentiment.Bitcoin price remains below key moving averagesBitcoin trades near $63,916 at the time of writing on Tuesday after falling 1.44% during the previous session.The cryptocurrency remains below a cluster of important Exponential Moving Averages, maintaining its bearish near-term structure.The 50-day EMA at $64,625 represents Bitcoin’s nearest resistance. Above that level, the 100-day EMA at $66,795 and the 200-day EMA at $72,045 create additional barriers.With all three moving averages positioned above the current price, BTC faces substantial resistance during any recovery attempt.Momentum indicators also show a lack of decisive buying pressure. The Relative Strength Index stands near 48, slightly below its neutral midpoint of 50.Meanwhile, the Moving Average Convergence Divergence line remains marginally below zero and close to its signal line. The setup reflects weak and largely directionless momentum rather than a confirmed…

Key takeawaysHarmony’s ONE token plunged roughly 40% following an apparent exploit that created about 4 billion tokens.The unauthorized issuance was equivalent to approximately 26% of ONE’s existing supply.Harmony released an emergency software update to prevent further minting and urged network operators to install it immediately.Harmony’s ONE token fell approximately 40% on Wednesday after an apparent exploit reportedly created around 4 billion new tokens.Harmony confirmed the attack and instructed the network operators responsible for maintaining the blockchain to install an emergency software update. The project said the patch would prevent the attacker from minting additional ONE tokens.However, the update does not resolve the status of tokens that were already created. Harmony is still evaluating how to isolate or remove those assets from circulation.The scale of the incident triggered intense selling pressure as traders assessed the risks of token dilution, exchange deposits, and a potential reversal of blockchain transactions.Unauthorized issuance equals 26% of ONE supplyApproximately 15 billion ONE tokens existed before the exploit. The creation of another 4 billion represents a sudden supply increase of roughly 26%.Such a large unauthorized issuance can severely dilute existing holders. If the attacker successfully transfers the newly created tokens to exchanges and sells them, the additional circulating supply could place further downward pressure on ONE’s price.Harmony has not officially confirmed the total number of tokens minted or explained how the reported 4 billion figure was calculated.The network was once among the cryptocurrency industry’s largest projects, reaching a market capitalization of approximately $4 billion in January 2022.Harmony temporarily paused its token bridge to prevent potentially compromised assets from moving between networks.The project also asked centralized exchanges to block and freeze funds traced to four wallet addresses associated with the incident. By flagging those addresses, Harmony hopes trading platforms can prevent the attacker from converting or withdrawing the newly minted tokens.Cooperation from exchanges may limit the damage if the assets remain identifiable. However, recovery becomes more difficult if the tokens are swapped through decentralized exchanges, transferred to other networks or divided among additional wallets.Blockchain transaction monitoring may still allow investigators to trace some movements, but it cannot guarantee that all unauthorized assets will be recovered.Harmony’s software update is intended to close the vulnerability and stop any additional ONE from being created.Network operators must adopt the new software for the patch to become effective across the blockchain. A coordinated upgrade is therefore essential to ensure that validators and other infrastructure providers follow the corrected network rules.Harmony has not publicly identified the vulnerability, disclosed how the attacker gained minting authority or confirmed whether any additional parts of the protocol remain at risk.Until the project releases a complete technical explanation, uncertainty may continue to weigh on ONE and applications operating on the network.“We are working on a patch and rollback options,” Harmony said, promising further updates as its investigation progresses.A rollback would return the blockchain to a state recorded before the exploit. The network would then resume from that point, removing subsequent transactions from its accepted history.This approach could erase the creation of unauthorized tokens still on Harmony. However, it could also reverse legitimate transactions completed after the selected rollback point.Will ONE recover following the massive dip?The ONE/USD 4-hour chart is extremely bearish and efficient, as ONE has lost 40% of its value in the last 24 hours.The coin briefly dropped to the $0.000605 level before bouncing back to now trade above $0.00074.The technical indicators suggest that the bears…

Key takeawaysUniswap falls nearly 6% on Wednesday after declining 5% in the previous session.Uniswap has launched Continuous Clearing Auctions on Avalanche, allowing teams to conduct on-chain token sales and bootstrap liquidity.UNI’s social dominance and volume have fallen sharply, signaling weaker retail attention.Uniswap (UNI) faces intense selling pressure on Wednesday, falling nearly 9% after recording a 5% decline the previous day.The pullback comes despite Uniswap’s continued product expansion, including the introduction of Continuous Clearing Auctions on Avalanche. The feature allows blockchain projects to conduct fully on-chain token auctions and establish initial liquidity through Uniswap v4.However, declining social activity and derivatives demand suggest the launch has not been enough to offset the cryptocurrency market’s broader risk-averse mood.Continuous clearing auctions launch on AvalancheUniswap’s Continuous Clearing Auctions provide Avalanche developers with a new mechanism for launching tokens and bootstrapping liquidity onchain.The model is designed to reduce friction during token distribution by allowing teams to conduct auctions transparently through smart contracts. Projects can then connect their newly distributed tokens with Uniswap v4 liquidity.The launch expands Uniswap’s presence on Avalanche and strengthens its role as infrastructure for token issuance, trading and liquidity management.It follows the recent launch of the TradePools platform on Robinhood, which allows users to deposit USDC, USDT or ETH in pursuit of yield.While these developments may support Uniswap’s long-term utility, they have yet to produce a meaningful improvement in near-term demand for UNI.Retail interest in Uniswap is weakening as traders prepare for the release of July’s US Consumer Price Index report, scheduled for Wednesday at approximately 12:30 GMT.The CPI reading could influence the Federal Reserve’s next interest-rate decision and affect demand for risk assets. A hotter-than-expected report could strengthen expectations for tighter monetary policy, while softer inflation could improve sentiment across cryptocurrency markets.Santiment data shows Uniswap’s social dominance fell to 0.08% on Tuesday from 0.19%. Social volume also declined to 40 from 152.The sharp contraction indicates that UNI accounts for a smaller share of cryptocurrency discussions and is attracting less attention from retail traders.Uniswap’s derivatives market reinforces the decline in retail participation.CoinGlass data shows UNI futures open interest fell more than 3% over the past 24 hours to $261.60 million. The decline indicates traders are closing positions and reducing their leveraged exposure.Long liquidations reached $2.88 million during the same period, significantly exceeding short liquidations of just $1,950. The imbalance shows that falling prices have disproportionately forced bullish traders out of their positions.However, UNI’s open-interest-weighted funding rate improved to 0.0016% from negative 0.0054% the previous day.The return to positive funding indicates that the remaining leveraged market carries a slight bullish bias. Still, falling open interest and heavy long liquidations suggest overall sentiment remains fragile.Uniswap Technical outlook: UNI tests 100-day EMAUniswap is testing its 100-day Exponential Moving Average at $3.55, an important near-term support level.UNI remains below the 50-day EMA at $3.65 and the 200-day EMA at $3.93. These moving averages create overhead resistance and reinforce the prevailing bearish structure.The Relative Strength Index has declined to 40, placing it below the neutral midpoint of 50 and indicating growing selling momentum. However, the indicator remains above the oversold threshold of 30.The Moving Average Convergence Divergence indicator has also fallen below its signal line, while its expanding bearish profile suggests downside momentum is strengthening.A decisive daily close below the 100-day EMA at $3.55 could extend Uniswap’s decline…

Key takeawaysXLM remains under pressure at $0.160.Positive funding rates for both tokens offer limited hope of a recovery.XLM must reclaim the $0.176–$0.180 area to improve its outlook.XLM continues to trade below several major moving averages. Mixed derivatives and on-chain signals reveal uncertainty among traders, leaving XLM exposed to further losses despite tentative signs of improving sentiment.XLM traders show mixed positioningCoinGlass derivatives data points to a more bearish outlook for Stellar. XLM’s long-to-short ratio was notably weaker at 0.92, approaching its lowest level in more than a month. A reading below one indicates that short positions outnumber longs, reflecting expectations of further downside.Funding rates for both tokens have improved despite their weak price performance. XLM’s funding rate climbed to 0.0092%. Positive funding means traders holding long positions are paying short sellers, generally indicating bullish demand in the perpetual futures market.The figures suggest that some traders are willing to maintain bullish exposure while prices remain under pressure. However, continued declines could leave those long positions vulnerable to liquidations.CryptoQuant data presents a mixed picture for Stellar. XLM’s futures market shows selling-side dominance across both spot and futures markets. The presence of large whale orders adds uncertainty, but the broader data continues to favor caution while sellers control trading activity.Stellar remains below major moving averagesStellar traded near $0.160 on Thursday, maintaining a bearish short-term outlook below all three major EMAs.The 50-day EMA is positioned at $0.176, while the 100-day and 200-day EMAs stand at $0.180 and $0.190, respectively. Their convergence above the current price creates a dense resistance zone that buyers must overcome before a meaningful recovery can develop.Momentum indicators also remain weak. XLM’s RSI is near 33, placing it close to oversold territory, while the MACD continues to trade in negative territory.Although the low RSI could eventually support a relief rally, it does not by itself confirm that XLM has reached a bottom.The first important resistance zone for Stellar sits between the 50-day EMA at $0.176 and horizontal resistance at $0.177.A break above this area could ease selling pressure and open the way toward the 100-day EMA at $0.180. Bulls would then need to clear the 200-day EMA at $0.190 to establish a stronger recovery.XLM/USD 4H ChartIf XLM remains below these levels, the bearish outlook will persist. Continued selling could send the token toward its next meaningful horizontal support at $0.142, where buyers may attempt to defend the price.For now, XRP’s slight bullish positioning provides limited recovery hope, but both tokens remain technically vulnerable while trading below their major moving averages.The post Stellar’s XLM token slides below key moving averages appeared first on CoinJournal.

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Key takeawaysHyperliquid gained 2% on Thursday after advancing nearly 3% in the previous session.Hyperion DeFi’s HYPE holdings recorded a $31 million fair-value increase during the second quarter.HYPE futures Open Interest rose more than 4% to $2.38 billion, while trading volume jumped 45%.Hyperliquid (HYPE) extended its recovery on Thursday as sustained corporate demand and improving derivatives activity supported bullish momentum.The token gained approximately 2%, building on its nearly 3% advance during the previous session. HYPE is now approaching its 50-day Exponential Moving Average (EMA) near $58.37, which represents the next major obstacle to further gains.A decisive break above this level could allow Hyperliquid to target the $62.58 supply zone.Corporate treasuries maintain strong HYPE exposureCorporate interest in Hyperliquid remains firm, with HYPE-focused digital-asset treasuries increasing their exposure while benefiting from the token’s rising market value.Hyperliquid Strategies held 17.60 million HYPE, up from 12.50 million in January. The market value of its holdings climbed from $703 million at the end of the first quarter to approximately $980 million in the second quarter.Hyperion DeFi also increased its treasury holdings from 1.88 million HYPE to 1.93 million. The value of its position rose from $77 million at the end of the first quarter to $107 million in Q2, representing a $31 million fair-value increase.The stability and growth of these corporate positions indicate continued confidence in the Hyperliquid ecosystem.Digital-asset treasury companies can provide sustained demand by accumulating and holding tokens over longer periods. However, concentrated corporate holdings may also create selling risks if treasury firms later reduce their exposure.Retail and derivatives activity has strengthened alongside the price recovery. CoinGlass data shows HYPE futures Open Interest rose more than 4% over the past 24 hours to $2.39 billion. Increasing Open Interest indicates that the notional value of active contracts is rising, potentially reflecting the creation of new positions.Trading volume also jumped 45% to $1.60 billion over the same period, showing that traders are becoming more active as HYPE approaches key resistance.The simultaneous rise in price, trading volume and Open Interest supports the view that fresh capital is entering the market rather than the recovery being driven solely by traders closing existing positions.Hyperliquid’s liquidation data reflects a bullish short-term bias. Short liquidations reached $1.34 million over the previous 24 hours, significantly exceeding the $251,040 in liquidated long positions. The imbalance suggests rising prices forced bearish traders to close leveraged positions.HYPE’s funding rate remained positive at 0.0080%, despite experiencing brief moves into negative territory. Positive funding means traders holding long positions are paying shorts, showing a willingness to pay a premium for bullish exposure.While the data supports further gains, rising leverage could increase volatility. An unexpected reversal could trigger long liquidations and place renewed pressure on the token.HYPE remains above long-term supportHYPE continues to trade above its 200-day EMA at $51.29 and a rising trendline near $53.05.These levels reinforce the token’s broader constructive structure and could attract buyers if the recovery loses momentum.The Moving Average Convergence Divergence indicator has crossed above its signal line, while its histogram remains positive. The shift indicates that bullish momentum is gradually rebuilding.The Relative Strength Index stands near 50, reflecting neutral conditions and leaving room for further gains before the token enters overbought territory.The 50-day EMA at approximately $58.37 remains the immediate resistance level controlling HYPE’s short-term outlook.A decisive daily close above the moving average could confirm strengthening bullish momentum and open the way toward the $62.58 supply zone.HYPE/USD…

Key takeawaysBitcoin trades near $63,567 on Friday after rebounding from support around $62,300.BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias.The RSI at 46 and a negative MACD signal weak momentum despite the recent stabilization.Bitcoin (BTC) shows signs of stabilization on Friday after recovering from a correction earlier in the week.BTC trades around $63,567 after buyers defended the $62,300 support level on Thursday. Holding this area could provide the foundation for a short-term rebound, but the price remains below all its major Exponential Moving Averages (EMAs).Weak momentum indicators and several resistance barriers above the current price suggest that any recovery may remain limited unless Bitcoin reclaims the $64,488–$66,604 region.Bitcoin rebounds from $62,300 supportBitcoin found support around $62,300 on Thursday before recovering to approximately $63,567 on Friday.The rebound indicates that buyers remain active near the lower boundary of the current range. However, BTC continues to trade below the 50-day, 100-day, and 200-day EMAs, which are positioned between $64,488 and $72,035.When the price trades below these major moving averages, they can act as dynamic resistance during recovery attempts. This structure suggests the broader trend remains bearish despite Bitcoin’s ability to defend short-term support.A stronger reversal would require BTC to reclaim the 50-day EMA before challenging the higher resistance levels created by the longer-term averages.Bitcoin’s Relative Strength Index stands near 46, below the neutral level of 50.The reading indicates that sellers maintain a slight advantage, although the indicator remains well above oversold territory. A move above 50 would suggest improving momentum and could reinforce the likelihood of a broader recovery.The Moving Average Convergence Divergence remains below its zero line, supporting the bearish outlook.Together, the indicators show that downside pressure has eased but has not disappeared. Bitcoin needs stronger buying volume and a decisive move above nearby resistance to confirm a momentum shift.BTC faces resistance at $64,488The 50-day EMA at approximately $64,488 represents Bitcoin’s first significant resistance level.A daily close above this moving average could strengthen the rebound and allow BTC to challenge the 38.2% Fibonacci retracement level near $65,547.Beyond that, the horizontal resistance at $66,500 and the 100-day EMA at $66,604 form a dense supply zone. Sellers may defend this region aggressively, particularly after Bitcoin’s recent correction.If buyers overcome the $66,500–$66,604 range, the 50% Fibonacci retracement near $67,940 would become the next upside target.A sustained move above $67,940 would substantially improve the short-term technical outlook, although the 200-day EMA near $72,035 would remain a major long-term barrier.On the downside, initial support sits at the 23.6% Fibonacci retracement level around $62,586.The horizontal floor at $62,300 provides the next and more critical support. This level triggered Thursday’s recovery and remains essential to Bitcoin’s short-term outlook.BTC/USD 4H ChartA daily close below $62,300 would invalidate the immediate rebound scenario and signal that selling pressure is strengthening.Such a breakdown could expose Bitcoin’s broader support near $57,800, which marks the current cycle low. Buyers would likely attempt to defend this area because a sustained move below it could extend the wider bearish trend.For now, holding above $62,300 keeps the possibility of a recovery toward $64,488 and $65,547 intact. However, Bitcoin must reclaim the major moving averages to demonstrate that bulls are taking control.The post Bitcoin holds $62,300 support as BTC attempts short-term recovery appeared first on CoinJournal.

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Key  takeawaysSharpLink Gaming plans to stake $200 million worth of Ethereum through Lido.The allocation will be converted into wrapped staked ETH and held with Anchorage Digital.wstETH enables SharpLink to earn staking rewards while retaining access to DeFi liquidity.SharpLink Gaming (SBET) plans to allocate $200 million worth of Ethereum to Lido as the company seeks to generate additional returns from its expanding ETH treasury.The Ethereum will be staked and converted into wrapped staked ETH, known as wstETH. Anchorage Digital will provide institutional custody for the assets, according to SharpLink’s announcement on Thursday.The allocation adds Lido to SharpLink’s wider staking and restaking strategy, allowing the company to earn Ethereum network rewards while maintaining greater flexibility over how it deploys its holdings.SharpLink expands its Ethereum staking strategySharpLink is pursuing ways to increase the productivity of the ETH held on its balance sheet instead of leaving the assets idle.Through Lido, the company will stake $200 million in ETH and receive wstETH in return. The token represents staked Ethereum and the rewards generated from participating in the network’s proof-of-stake validation system.Unlike directly staked ETH, wstETH can be transferred, traded or used within compatible decentralized finance applications while the underlying tokens continue generating staking rewards.The structure could allow SharpLink to earn a base Ethereum staking yield while retaining the option to deploy its wstETH across other protocols.SharpLink CEO Joseph Chalom described the allocation as an expansion of the company’s strategy to make its ETH holdings more productive. He said wstETH provides composability while allowing the company to maintain institutional risk standards.SharpLink will custody the resulting wstETH with Anchorage Digital. The decision provides the company with a regulated institutional custodian while it increases its exposure to Ethereum’s staking and decentralized finance infrastructure.Institutional custody is particularly important for corporate crypto treasuries because companies must manage operational, cybersecurity and governance risks alongside potential investment returns.SharpLink did not disclose whether Anchorage Digital would also facilitate deployment of the wstETH into other DeFi platforms or whether the assets would initially remain in custody.Technical forecast: LDO targets the $0.3370 resistanceThe LDO/USD 4-hour chart remains bearish despite Lido rallying over the past few hours. However, the technical indicators suggest that the bulls could push the price higher in the near term.The RSI of 57 is above the neutral 50, indicating that the bears are no longer in control of the market. The MACD lines also add further confluence to the bullish narrative.If the rally persists, LDO could target the first major resistance at the $0.3370 level, which also coincides with the TLQ on the 4-hour timeframe.LDO/USD 4H ChartAn extended rally could allow LDO to reclaim the $0.4063 swing high for the first time since July 27.However, if the bears regain control, LDO could retest last week’s low of $0.2716 in the near term. The post LDO surges as SharpLink seeks to stake $200m in ETH via Lido appeared first on CoinJournal.

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Key takeawaysChainlink trades around $9.42 after gaining more than 14% last week.A long-to-short ratio of 0.76 and negative funding point to weakening derivatives sentiment.Spot LINK ETFs attracted $2.07 million on Monday, their largest daily inflow since July 22.Losing support at $9.39 could trigger a pullback toward $8.94 and the $8.60–$8.50 region.Chainlink (LINK) is struggling to overcome resistance near $9.56 on Tuesday, pausing after rallying more than 14% during the previous week.Weakening derivatives indicators suggest that bullish momentum may be losing strength. However, renewed institutional demand through spot LINK exchange-traded funds could support another attempt to move higher.Derivatives traders adopt a bearish stanceCoinGlass data shows early signs of weakening sentiment in Chainlink’s derivatives market.LINK’s long-to-short ratio stands at 0.90 on Tuesday, close to its lowest level in a month. A reading below one indicates that short positions outnumber long positions, suggesting more traders expect the price to decline.Chainlink’s funding rate also turned negative, falling to minus 0.0050%. Negative funding means short-position holders are paying traders with long exposure, reflecting a bearish imbalance in the perpetual futures market.Together, the indicators suggest that derivatives traders are becoming more cautious after LINK’s double-digit weekly rally.However, heavily bearish positioning could also increase the possibility of a short squeeze if Chainlink breaks through its nearby resistance levels.Institutional demand showed improvement at the beginning of the week. Data from SoSoValue shows that spot Chainlink ETFs recorded $2.07 million in net inflows on Monday. This represented the products’ largest single-day inflow since July 22.The increase suggests that institutional investors are rebuilding exposure to LINK following its recent recovery.Continued ETF inflows could help absorb profit-taking and provide the demand needed for Chainlink to overcome the 200-day Exponential Moving Average. However, a single day of positive flows is insufficient to establish a lasting trend.A sustained series of inflows throughout the week would provide stronger confirmation of renewed institutional interest.Chainlink price outlook: LINK tests the 200-day EMAChainlink trades around $9.42 on Tuesday and remains above its 50-day and 100-day EMAs, positioned at $8.50 and $8.60, respectively.Holding above these moving averages supports a mildly bullish medium-term outlook. However, LINK remains below the 200-day EMA at $9.56, which is limiting the current recovery.The token has reclaimed the 61.8% Fibonacci retracement at $9.39, establishing this level as immediate support.Momentum indicators remain constructive but show that LINK may be approaching stretched conditions. The Relative Strength Index is near 67, just below the overbought threshold of 70, while the Moving Average Convergence Divergence indicator remains positive.These readings suggest that buyers retain control but may encounter increasing resistance following last week’s sharp rally.A decisive daily close above the 200-day EMA at $9.56 would strengthen Chainlink’s bullish outlook and bring the horizontal resistance at $9.92 into focus.LINK/USD 4H ChartClearing both barriers could allow LINK to test the 78.6% Fibonacci retracement at $10.04. Beyond that, the cycle-high region around $10.87 represents the next major bullish objective.On the downside, the 61.8% Fibonacci level at $9.39 provides the first line of support. A break below this area could trigger a pullback toward the 50% retracement at $8.94.Stronger support is concentrated between the 100-day EMA at $8.60 and the 50-day EMA at $8.50. Holding this zone would preserve the medium-term recovery structure, while a decisive breakdown could return control to sellers.The post Chainlink pauses near $9.56 as ETF inflows support breakout hopes appeared first on CoinJournal.

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Key takeawaysZcash dipped 1% on Tuesday following Monday’s rally. day, The Ironwood shielded pool now holds 3.07 million ZEC, representing 70% of total shielded volume.ZEC is approaching the apex of a symmetrical triangle, with resistance near $528.Zcash (ZEC) dipped 1% on Tuesday despite the massive rally on Monday. The surge earlier this week comes as rising Ironwood adoption and stronger derivatives activity supported demand.The privacy coin trades above $500 and is approaching the apex of a symmetrical triangle pattern. A breakout above the upper trendline could strengthen the bullish outlook and bring the $600 region into focus.Ironwood shielded volume crosses 3 million ZECMigration to Zcash’s Ironwood shielded pool continues to gain traction following the discovery of a counterfeiting vulnerability affecting the network’s older pool infrastructure.Data from Zkp.baby shows that Ironwood’s shielded volume reached 3.07 million ZEC on Monday. The pool now accounts for approximately 70% of the total ZEC held in shielded pools.Meanwhile, volume in the older Orchard pool has declined to 761,889 ZEC as users continue migrating their holdings.The shift toward Ironwood indicates growing adoption of the updated shielded infrastructure. It also suggests that users are responding to the network’s security changes while maintaining demand for Zcash’s privacy features.Zcash’s derivatives market is also showing renewed retail participation. CoinGlass data shows that ZEC futures Open Interest decreased 1% over the past 24 hours to $924.16 million. The decrease signals that traders are closing new positions or allocating more capital to existing contracts.Zcash price outlook: ZEC approaches triangle breakoutZcash trades above $500 on Tuesday, maintaining a mildly bullish technical outlook as it holds above the 50-day Exponential Moving Average at approximately $490.The 200-day EMA near $420 also supports the broader bullish structure. Meanwhile, the price is contracting between two converging trendlines, forming a symmetrical triangle on the daily chart.This pattern typically indicates declining volatility before a larger directional move. However, the triangle does not confirm whether the eventual breakout will be bullish or bearish.Momentum indicators provide mixed but improving signals. The Relative Strength Index has risen above its neutral level to 55, suggesting renewed buying pressure.The Moving Average Convergence Divergence indicator remains marginally below its signal line, pointing to some lingering downside pressure. A bullish crossover would provide additional confirmation that buyers are regaining control.Zcash faces immediate resistance at the triangle’s upper trendline near $528. A sustained daily close above this level would confirm a bullish breakout and could propel ZEC toward the 78.6% Fibonacci retracement at approximately $595. This level is calculated from the decline between $690 and $250.ZEC/USD 4H ChartClearing $595 would bring the psychologically important $600 level into focus and strengthen the prospect of a broader trend continuation.On the downside, the 50-day EMA near $490 provides initial support. A breakdown below this moving average could extend the correction toward the 50% Fibonacci retracement at $470.If selling pressure intensifies, the 200-day EMA at approximately $420 represents the next major support level. Holding above these moving averages would preserve Zcash’s broader recovery structure.The post Zcash dips 1% as Ironwood adoption and futures demand strengthen appeared first on CoinJournal.

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The first question for any crypto prop firm is whether trades hit a real order book or a simulation.A crypto-native perpetuals trader gets the most from a crypto-first structure with verifiable payouts.HyroTrader is crypto only: USDT perpetual futures, no forex pairs, no indices, no metals.Every crypto prop firm’s homepage makes the same pitch: six figures of buying power, a generous profit split, a challenge fee that looks small next to the capital on offer. Read five pricing pages in a row, and they blur into one.The differences that decide whether a funded account survives live below the marketing.They come down to three structural questions: where orders execute, how drawdown is measured, and what a payout actually is.A trader who can answer all three about a firm knows more than most reviews will ever tell them.Test one: where orders executeThe first question for any crypto prop firm is whether trades hit a real order book or a simulation.Both architectures exist, and both can be honest; the failure mode is a simulation dressed up as the real thing.HyroTrader put direct exchange execution at the center of its model in 2023, the first crypto prop firm to do it.Traders connect to Bybit by API, and trade USDT perpetual futures on the trader’s own account against live order books, across more than 700 pairs.The same firm shows what honest simulation looks like.Its CLEO platform, built for traders in Bybit-restricted countries, prices from real-time Binance market data and order book depth while filling trades internally, and it simulates the unflattering parts: market impact, commissions, slippage landing in the position PnL at fill.If a firm will not say plainly where fills happen, assume the answer costs you money.Test two: how drawdown is measuredTwo firms quoting the same daily limit can be selling different products, because what matters is the reference point.HyroTrader’s standard daily drawdown is trailing: measured from the highest equity point reached during the day, unrealized profit included, so the risk line rises as the day goes well.Its swing variant, sold as a paid upgrade, is static, measured from the day’s starting equity and reset once every 24 hours.The daily limit itself is 4 percent on the one-step model and 5 percent on the two-step, calculated from initial capital.A trailing limit punishes how you win. Ride a position up, give a third of the move back, and the giveback can trip the limit while the day is still green.Crypto compounds the effect because volatility arrives in bursts; CoinJournal’s analysis of Bitcoin’s current tight range describes exactly the kind of compression that precedes them.Test three: what a payout actually isA payout policy is three numbers and a proof: how often, how fast, and whether anyone can verify it happened.At HyroTrader, payouts are on demand, typically processed within 12 to 24 hours, in USDT or USDC, with no withdrawal commissions, and the first one can be requested as early as the day of the first trade.Since April 2026, payouts through its vault system execute as Solana transactions with publicly verifiable IDs on Fireblocks infrastructure, so the proof does not depend on the firm’s word.Cost belongs in the same test. HyroTrader’s challenge fees run one-time, from $59 for a 5,000 USDT account to $969 for 200,000 USDT, with no recurring charges, and the fee is refunded with the first profit split after passing.A firm confident in its payout process has no reason to bury these numbers.The honest trade-offHyroTrader is crypto-only: USDT perpetual futures, no forex pairs, no indices, no metals.A trader who wants gold or the S&P alongside BTC needs a multi-asset firm and accepts the different execution model that comes with it.There are consistency rules too: during evaluation, no single day may contribute more than 40 percent of the result, though exceeding the cap only discounts the excess rather than failing the account.The structure fits deliberate traders and frustrates all-in ones, which is the point.Choosing by…

Key takeawaysPUMP is down 3% on Wednesday after rallying nearly 13% the previous day.Futures Open Interest climbed to a record $258.62 million, indicating increased speculative positioning.The funding rate surged to 0.039%, reflecting a sharp shift toward leveraged long positions.Pump.fun (PUMP) declines 3% on Wednesday as traders take profits following an almost 13% rally during the previous session.Despite the pullback, derivatives data indicates that speculative demand continues to strengthen. PUMP futures Open Interest has risen to an all-time high of $258.62 million, while the funding rate has turned sharply positive.Pump.fun’s network metrics also show improving adoption. Total Value Locked (TVL) has reached a record 3.34 million SOL, accompanied by rising revenue and active addresses.PUMP retains a mildly bullish technical outlook above $0.00300 as its 50-day and 200-day Exponential Moving Averages (EMAs) approach a potential Golden Cross.PUMP Open Interest hits record highRetail speculation in PUMP is increasing following the token’s more than 40% advance since the beginning of August.According to CoinGlass, futures Open Interest rose to a record $258.62 million on Wednesday, up from $216.74 million one day earlier. This represents an increase of approximately $41.88 million within 24 hours.Open Interest measures the total notional value of active futures and perpetual contracts that have not been settled. An increase alongside a price recovery generally indicates that traders are opening new positions and committing additional capital to the market.The rise supports a bullish interpretation, but it also means leverage is building rapidly. Elevated leverage can amplify price gains while increasing the risk of sharp liquidations if the market reverses.PUMP’s funding rate climbed to 0.039% on Wednesday, reversing from negative 0.0036% the previous day.Funding rates are periodic payments exchanged between traders holding long and short positions in perpetual futures. A positive reading means long traders are paying shorts, typically because demand for bullish exposure is stronger.The rapid shift from negative to strongly positive funding confirms that traders have moved aggressively toward long positions.However, elevated funding can create a crowded market. If PUMP falls unexpectedly, leveraged longs may be forced to close, potentially accelerating the decline through a cascade of liquidations.The combination of record Open Interest and sharply positive funding therefore reflects strong bullish sentiment alongside increasing speculative risk.Pump.fun’s Total Value Locked has increased to an all-time high of 3.34 million SOL, according to DeFiLlama.TVL measures the value of assets deposited in a decentralized finance protocol. The steady rise in deposits indicates that users are committing more capital to the Pump.fun ecosystem.The increase strengthens the case that recent activity is not limited to speculation in the PUMP token. It also reflects greater use of the underlying protocol.Nevertheless, SOL-denominated TVL can fluctuate in US Dollar terms when Solana’s market price changes. Both the quantity of deposited SOL and its Dollar value should be considered when evaluating longer-term growth.Pump.fun generated 23,706 SOL in revenue on Tuesday, lifting its weekly total to more than 47,500 SOL.The protocol collected 151,929 SOL in revenue during the previous week, its strongest weekly performance in 18 months.Active addresses also rose to 81,429 last week, up from 74,438 during the preceding week. That represents an increase of almost 9.4%.Rising revenue and active addresses indicate increased participation across the platform. If sustained, this activity could support demand for PUMP and strengthen confidence in the protocol’s economic model.The key question is whether current usage can remain elevated after the recent surge in speculative activity slows.PUMP approaches a Golden CrossPUMP trades above $0.00300 at the time of writing, maintaining a bullish short-term…

Key takeawaysHYPE trades below $59 after recording a second consecutive day of gains.The Hyperliquid Policy Center and trade[XYZ] have submitted recommendations on pre-IPO perpetual markets to the SEC.The proposed instruments would provide price exposure before a company lists publicly without granting shares or investor rights.Hyperliquid (HYPE) trades above $58 on Wednesday, extending its recovery for a second consecutive session as buyers target a breakout above the psychological $60 level.The decentralized exchange’s native token maintains a broadly bullish technical structure above its major moving averages. Momentum indicators are also improving without suggesting that the rally has become excessively stretched.The advance comes as the Hyperliquid Policy Center and trade[XYZ] urge the US Securities and Exchange Commission to establish rules that would allow American investors to access pre-IPO perpetual markets.Hyperliquid submits pre-IPO market proposal to SECThe Hyperliquid Policy Center and trade[XYZ], a prominent deployer of perpetual markets on Hyperliquid, jointly submitted a comment letter responding to the SEC’s request for proposals to modernize the Initial Public Offering process.Their letter highlighted the pricing history of at least five trade[XYZ] pre-IPO perpetual, or IPOP, markets that completed their full lifecycle on Hyperliquid.The organizations argued that these markets can provide transparent, continuously updated price signals before a company’s shares begin trading publicly.They also outlined regulatory questions the SEC would need to address before permitting similar products in the United States.An IPOP is a financial instrument that allows traders to take a directional position on a company’s expected valuation ahead of a scheduled stock market listing.The contract provides price exposure during the period before the company’s shares become publicly tradable. Prices update continuously based on market demand, potentially offering investors and issuers an early indication of expected listing value.However, an IPOP is not equivalent to owning pre-IPO equity.Contract holders do not receive actual shares, allocation rights or voting power. They also have no direct claim against the company referenced by the instrument. The product is designed solely to provide exposure to anticipated price movements ahead of a public listing.Hyperliquid’s policy organization said American investors are unable to access price opportunities available to traders in other jurisdictions.It cited SpaceX as an example, saying its pre-IPO perpetual market was priced at $135 before the company listed at $150.According to the organization, the market provided a visible pricing signal, but US investors had no regulated way to trade it.Under a new SEC framework, Hyperliquid argued, both American investors and issuers could benefit from the price discovery offered by pre-IPO markets.Supporters may view such instruments as a way to broaden market access. However, the products could expose retail traders to substantial risks, including leverage, uncertain valuation, limited disclosure and price manipulation before public-market data becomes available.HYPE maintains bullish structure above major EMAsHYPE trades at approximately $58.73, retaining a constructive technical outlook. The token remains above its 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs). This bullish alignment places all three indicators below the current price and provides several potential layers of support.The Moving Average Convergence Divergence indicator has moved firmly into positive territory, signaling strengthening upside momentum.Meanwhile, the Relative Strength Index stands near 56. The reading indicates steady buying pressure but remains well below the conventional overbought threshold of 70, leaving room for additional gains.Immediate support sits at the 50-day EMA around $58.33. Holding this level would preserve HYPE’s near-term bullish structure and support another attempt to clear…

Key takeawaysHyperliquid’s HYPE token surged 22% to $71.91 following comments from President Donald Trump.Trump said CFTC Chair Michael Selig is working to bring Hyperliquid into the US through a compliant and legal framework.HYPE must overcome resistance between $73 and $76 to challenge its record high of $76.87.Hyperliquid (HYPE) rallied more than 20% on Wednesday after President Donald Trump revealed that the Commodity Futures Trading Commission is working on a potential regulatory pathway for the decentralized perpetual futures platform to enter the United States.HYPE jumped 22% to $71.61 following the remarks, approaching its all-time high of $76.87 as optimism surrounding potential US expansion added to a broader cryptocurrency market recovery.Trump signals compliant pathway for HyperliquidSpeaking during a White House meeting with cryptocurrency, financial and technology executives, Trump said CFTC Chair Michael Selig was working to establish a legal route for Hyperliquid to operate in the US.“I understand that Mike [Selig] is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion, working very hard on that,” Trump said. “We would really like to see it.”The president’s comments do not mean that regulators have approved Hyperliquid to offer its services in the country. However, they confirm that the CFTC is considering how the platform could enter the US while complying with federal derivatives regulations.The agency authorized the first perpetual futures contracts on registered US exchanges earlier this year, marking an important step toward bringing the popular cryptocurrency derivatives product into the domestic market.Perpetual futures are derivatives contracts that allow traders to speculate on an asset’s price without an expiration date.The products account for a substantial share of global cryptocurrency trading but have traditionally been concentrated on offshore and decentralized platforms due to regulatory restrictions in the US.A compliant pathway could give Hyperliquid access to one of the world’s largest financial markets while potentially attracting greater institutional participation.However, operating in the country would likely require the platform to satisfy rules governing registration, market surveillance, customer protection, anti-money laundering measures and derivatives trading.Trump’s comments came during a wider White House gathering involving leaders from the cryptocurrency and traditional financial industries.Attendees included Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, Robinhood CEO Vlad Tenev, Kraken co-CEO Arjun Sethi and Gemini co-founders Cameron and Tyler Winklevoss.Nasdaq CEO Adena Friedman and Intercontinental Exchange CEO Jeffrey Sprecher also attended, alongside representatives from Chainlink and venture capital firm Andreessen Horowitz.Government officials at the meeting included SEC Chair Paul Atkins, CFTC Chair Michael Selig and White House crypto adviser Patrick Witt.Trump used the event to reaffirm his administration’s ambition to position the US at the forefront of emerging technologies.“We’re ensuring that America remains the undisputed leader not only in Bitcoin and crypto but also technologies like prediction markets, artificial intelligence and much more,” Trump said.He also criticized the previous administration’s policies, arguing that they discouraged digital asset innovation in the US.HYPE approaches all-time highHYPE climbed 22% to $71.61 after Trump’s remarks, placing the token within reach of its $76.87 all-time high.The immediate resistance zone sits between $73 and $76. A decisive move above this area could allow HYPE to establish a new record and potentially target the next major resistance near $94.80.HYPE/USD 4H ChartFailure to overcome the $73-to-$76 region could trigger profit-taking after Wednesday’s sharp advance.The rally also benefited from strength across the broader cryptocurrency market. Bitcoin, Ethereum and Solana recorded substantial gains…

Key takeawaysPi Network trades at $0.09 after recording three consecutive bullish daily closes earlier this week.Expanded US Treasury bond buybacks have improved risk appetite and pushed Bitcoin toward $70,000, but PI continues to underperform.The token must break above the psychological $0.1000 level and the 50% Fibonacci retracement at $0.1022 to extend its recovery.Pi Network (PI) trades around $0.090 on Thursday, preserving its three-day recovery from earlier in the week but continuing to lag behind the broader cryptocurrency market.Renewed risk appetite has pushed Bitcoin above $71,000 after the US Treasury expanded its longer-term securities buyback operations. However, PI has failed to attract enough buying pressure to produce a comparable rally.The token must overcome the psychological $0.1000 threshold to strengthen its recovery and support a more sustained bullish move.Treasury buybacks lift crypto sentimentThe US Treasury announced that it would at least double the maximum size of certain liquidity-support buyback operations from $2 billion to $4 billion per transaction.The initiative is intended to support liquidity in the longer-dated Treasury market and address concerns surrounding rising borrowing costs.Improving bond-market liquidity and easing long-term yields have strengthened investor confidence in higher-risk assets, including cryptocurrencies.Bitcoin has benefited substantially from the shift in sentiment, advancing toward $70,000 alongside sharp gains across several major altcoins.Pi Network, however, remains among the market’s notable underperformers. Derivatives data indicates a modest improvement in speculative interest around PI, but retail demand remains relatively weak.CoinAnk data shows that PI futures Open Interest increased to $9.30 million from $8.82 million the previous day. Open Interest measures the total value of outstanding derivatives contracts and typically rises when traders establish new positions.Despite the daily increase, the figure remains considerably below the July 15 peak of $12.14 million.The subdued level suggests that traders remain hesitant to commit substantial capital to PI, even as improving market conditions encourage risk-taking elsewhere in the cryptocurrency sector.Without a more substantial increase in participation, Pi Network may struggle to keep pace with the broader market recovery.Technical outlook: Can PI rebound toward $0.10?Pi Network trades near $0.090 on Thursday, maintaining a neutral short-term outlook.The token recorded three consecutive bullish daily closes earlier this week, producing a cumulative gain of approximately 4%.PI has also moved above the 78.6% Fibonacci retracement at $0.0839, measured from the downswing between $0.1341 and $0.0703.Holding above this level preserves the possibility of an extended recovery. However, PI still faces significant resistance around the psychological $0.1000 mark.The token’s immediate technical resistance sits at the 50% Fibonacci retracement level of $0.1022.A decisive daily close above the $0.1000-to-$0.1022 zone could strengthen bullish momentum and attract additional retail participation.Such a move would also suggest that PI is beginning to capitalize on the improving sentiment across the broader cryptocurrency market.Failure to overcome this resistance zone could keep the token confined to its current range and increase the likelihood of renewed selling pressure.PI’s daily momentum indicators reflect a cautious recovery rather than a decisive bullish reversal.The Relative Strength Index is hovering near the neutral level of 50, indicating that neither buyers nor sellers have established clear control.Meanwhile, the Moving Average Convergence Divergence indicator remains slightly above its signal line, while its bullish histogram gradually expands. This configuration points to mild upside momentum, but the signal remains too weak to confirm a sustained rally.A stronger RSI move above 50, accompanied by further MACD expansion and rising Open Interest, would…

KuCoin earns ISO 42001 certification for its AI management system globally.ISO 42001 focuses on AI accountability, transparency and human oversight.New certification strengthens KuCoin’s wider security and trust framework.KuCoin has secured ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System, adding a dedicated AI-governance standard as crypto exchanges increasingly use artificial intelligence across risk, compliance and customer operations.The certification applies to the management framework supporting KuCoin’s global digital-asset exchange.The company said AI is used across areas including anti-money laundering, fraud detection, market surveillance, customer service, product intelligence and operational automation.ISO/IEC 42001 was published in December 2023 and is the world’s first international management-system standard for artificial intelligence.It sets requirements for establishing, maintaining and continually improving an AI management system, with a focus on accountability, transparency, risk management and oversight.MediaAI governance becomes a bigger financial-sector issueThe certification comes as financial companies expand AI use beyond simple automation into functions that can influence compliance, risk management and customer outcomes.S&P Global analysts Miriam Fernández and Nicolas Charnay have warned that more complex AI systems could amplify risks including privacy concerns, operational failures and financial instability.In a report on AI adoption in banking, they said: “Without careful governance, banks could be exposed to material operational risks with financial, regulatory, reputational, and systemic implications.”Those concerns also apply to digital-asset platforms, where automated systems can operate continuously across transaction monitoring and fraud prevention.KuCoin chief executive BC Wong said governance is becoming inseparable from AI adoption.“AI is becoming a foundational capability of digital financial infrastructure, but greater capability must be matched by greater responsibility,” said BC Wong, CEO of KuCoin.We believe the future of the industry will not be defined simply by more advanced AI, but by more trusted AI. Achieving ISO/IEC 42001 demonstrates our commitment to embedding responsible AI governance into the way we build, deploy and operate AI across our platform. As we continue to innovate, we remain equally committed to ensuring that every AI capability is transparent, accountable and designed to strengthen user trust.Certification adds to KuCoin’s trust frameworkISO/IEC 42001 adds an AI-governance layer to KuCoin’s existing security and operational framework.The exchange already holds ISO/IEC 27001 certification for information security, SOC 2 Type II attestation and ISO 22301 certification for business continuity and operational resilience, according to the company.Unlike a cybersecurity standard, ISO/IEC 42001 focuses on how organisations manage AI throughout its lifecycle.ISO says the framework covers policies, risk assessment, monitoring and continual improvement rather than certifying individual AI applications.The distinction matters as financial platforms deploy AI into sensitive operations. It can improve fraud detection, compliance monitoring and efficiency, but also raises the need for clear human accountability.For KuCoin, the certification is less about a single AI tool than formalising how the technology is governed across the platform.The post KuCoin lands ISO 42001 certification as crypto’s AI race raises trust concerns appeared first on CoinJournal.

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Key takeawaysBitcoin, Ethereum, and XRP have gained nearly 20%, over 25%, and almost 30%, respectively, this week.Expanded U.S. Treasury debt buybacks have improved liquidity expectations and boosted demand for risk assets.Bitcoin trades around $76,800 after breaking above its 50-day, 100-day, and 200-day exponential moving averages.Bitcoin, Ethereum, and XRP extended their rallies Friday as improving liquidity expectations continued to lift the broader cryptocurrency market.Bitcoin has gained nearly 20% this week, while Ethereum has risen more than 25% and XRP has advanced almost 30%.The rally gained momentum after the U.S. Treasury announced plans to double the size of certain debt buyback operations. The decision eased liquidity concerns and strengthened demand for risk-sensitive assets.With the three cryptocurrencies trading firmly higher, investors are now watching whether Bitcoin can reach $80,000, Ethereum can reclaim $2,500, and XRP can advance toward $1.50.Treasury buyback expansion strengthens crypto rallyThe U.S. Treasury’s decision to expand its debt buyback program has helped improve sentiment across financial markets.Larger buybacks can support liquidity in the market for longer-dated Treasury securities, easing financial pressures and encouraging investors to increase their exposure to riskier assets.Cryptocurrencies responded strongly to the announcement, with Bitcoin, Ethereum, and XRP recording double-digit weekly gains.Short liquidations also accelerated the rally as bearish traders were forced to close their positions, adding further buying pressure.Bitcoin was trading around $76,800 on Friday after decisively breaking above its major exponential moving averages.The 200-day EMA stands at $71,545, while the 100-day and 50-day EMAs are located at $66,727 and $65,286, respectively.BTC’s position above all three indicators supports a bullish near-term outlook and suggests the market’s broader technical structure has improved considerably.The breakout was accompanied by strong trading volume, adding credibility to the latest upward move.Sustained trading above the 200-day EMA would reinforce the case for further gains and could establish the level as new support.BTC bulls target the $80,000 resistanceBitcoin’s next major resistance lies near the psychological and horizontal barrier at $80,000.A move from $74,700 to $80,000 would represent an additional gain of approximately 7.1%.However, the $80,000 level could attract profit-taking and fresh selling pressure following Bitcoin’s rapid weekly advance.A decisive break and daily close above the barrier would strengthen the bullish outlook and potentially open the way to higher levels.Failure to clear $80,000 could lead to a period of consolidation as traders digest the recent gains.Bitcoin’s momentum indicators remain bullish but increasingly stretched. The relative strength index is hovering near 83, placing BTC firmly in overbought territory. Such an elevated reading does not guarantee an immediate reversal, but it indicates that the rally may be vulnerable to a corrective pause.The moving average convergence divergence remains strongly positive, showing that upward momentum is still intact.Together, the indicators suggest bulls remain in control, although the risk of short-term profit-taking has increased.If Bitcoin retreats, initial support sits at the 200-day EMA near $71,545. Holding above this indicator would preserve the immediate bullish structure and could provide a foundation for another attempt at $80,000.BTC/USD 4H ChartA deeper correction could bring the 100-day EMA at $66,727 and the nearby horizontal level at $66,500 into focus.Below that region, the 50-day EMA at $65,286 offers another layer of support, followed by the structural floor at $62,300.A sustained decline below $62,300 would weaken the broader bullish outlook, while continued trading above the 200-day EMA would keep the $80,000 target within reach.The post Bitcoin eyes $80k after weekly rally pushes BTC above key moving averages appeared…