Coinjournal
36 subscribers
2 files
16.5K links
Bitcoin & Cryptocurrency News
Download Telegram
Key takeawaysDogecoin traded near $0.084 on Tuesday after rebounding from an intraday low around $0.0800.DOGE-focused ETFs recorded $399,460 in outflows Monday following no net flows last week.Resistance sits at the 50-day EMA near $0.0876 and the 200-day EMA at $0.0923.Dogecoin edged higher on Tuesday after testing $0.0800, offering signs of stabilization following Monday’s 5% decline.DOGE traded around $0.084, but ETF withdrawals, declining supply concentration among large wallets and weak technical momentum continued to weigh on its recovery outlook.The token remains below key moving averages, leaving buyers facing a test of whether nearby support can hold.Dogecoin ETFs record nearly $400,000 in withdrawalsDOGE-focused exchange-traded funds posted $399,460 in net outflows on Monday, according to SoSoValue data.The withdrawals followed a week of no net flows, suggesting weaker demand through those investment products.Redemptions can reduce a source of buying support, although one session’s flows do not establish a lasting change in institutional sentiment.The figures also do not, by themselves, show where the withdrawn capital was subsequently invested.Santiment data shows that wallets holding more than 100 million DOGE account for 69.74% of circulating supply, down from 70.02% on September 1.That represents a decline of 0.28 percentage points in the cohort’s share. The change suggests reduced supply concentration among the largest addresses. However, wallet categories can include exchanges and other entities, and a lower percentage does not necessarily confirm that all affected tokens were sold.Combined with ETF outflows, the data adds caution to the near-term demand picture.DOGE remains below key moving averagesAt $0.084, Dogecoin trades below its 50-day exponential moving average at $0.0876 and its 200-day EMA at $0.0923.Those levels form the main resistance barriers identified in the analysis and reinforce the bearish short-term structure.Momentum indicators remain weak. The Moving Average Convergence Divergence indicator has crossed below zero, while the Relative Strength Index is near 39.The RSI reading indicates subdued buying momentum but remains above the conventional oversold threshold of 30.The immediate downside reference is $0.0800, corresponding to the February 6 low. A confirmed breakdown below that level could bring the July 23 low at $0.0683 into focus. DOGE/USD Daily ChartThat would represent roughly a 15% decline from support, or approximately 18% from the quoted $0.0829 price.On the upside, a sustained recovery above $0.0876 would help ease immediate pressure. The next major hurdle would be the 200-day EMA near $0.0923.For now, the rebound from $0.0800 shows buyers defending support, but stronger demand and improving momentum are needed to establish a more durable recovery.The post Dogecoin rebounds from $0.0800 as ETF outflows keep downside risks in focus appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/Bw3ZqYD
KuCoin Nigeria wins conditional SEC approval to enter regulatory incubation.Approval does not allow KuCoin Nigeria to launch services or onboard users.KuCoin says Nigeria move forms part of its wider global compliance strategy.KuCoin Nigeria has received conditional Approval-in-Principle from Nigeria’s Securities and Exchange Commission for admission into the regulator’s Accelerated Regulatory Incubation Programme, marking another step in the crypto exchange’s wider compliance push.The approval, announced on October 13, remains conditional and does not amount to a final registration, licence, endorsement or recommendation from SEC Nigeria.It also does not allow KuCoin Nigeria to begin operations, onboard customers or offer services to the Nigerian public.Approval covers proposed operating frameworkAs part of the review process, KuCoin Nigeria demonstrated elements of its proposed platform and operating model to the regulator.The presentation covered products and services intended for Nigeria, customer onboarding procedures, fiat on- and off-ramp arrangements, technology infrastructure, and governance and risk management structures.KuCoin said the preparatory work reflects its focus on local accountability, user protection and risk management as it works through Nigeria’s evolving regulatory framework.The company described Nigeria as a key market for digital asset adoption and innovation, citing the country’s vibrant digital economy and developing crypto ecosystem.KuCoin said a sustainable digital asset market requires constructive engagement between regulators and industry participants, alongside stronger governance, transparency, market integrity and user protection.BC Wong, CEO of KuCoin, said: “Receiving conditional Approval-in-Principle from SEC Nigeria marks another important milestone in KuCoin’s global compliance journey. As digital assets become an increasingly important part of the global financial system, trust must be built through continuously strengthening governance, maintaining high compliance standards and enhancing user protection.”We value the opportunity to engage constructively with SEC Nigeria through ARIP and to continue building in line with Nigeria’s evolving regulatory framework. Our focus remains on strong governance, high compliance standards and meaningful user protection as we support the responsible and sustainable development of the digital asset ecosystem.Nigeria move fits wider compliance strategyKuCoin said its regulatory engagement in Nigeria is part of a broader approach to meeting local requirements across key markets.In Europe, KuCoin EU has received authorisation under MiCAR, allowing it to provide regulated crypto-asset services across the European Union.In Australia, KuCoin operates through Axis One Markets Pty Ltd, which is registered with AUSTRAC as a digital currency exchange provider.The company stressed that each authorisation or registration applies only to the relevant entity and activities within that jurisdiction. None of those approvals permits KuCoin Nigeria to operate or provide services in Nigeria.KuCoin said it will continue strengthening governance, operational resilience and user protection while working with regulators, partners and industry participants to support a more mature, transparent and trusted digital asset market.The company said compliance remains central to building long-term trust as it pursues responsible innovation and develops its regulatory relationships across different global markets worldwide.The post KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/WTeLErV
Key takeawaysPi Network traded below $0.080 Wednesday after a 2% rebound the previous day.The Pi Core Team is exploring stablecoin integration intended to complement PI’s existing utility.PI remains below its 50-day and 200-day EMAs, with weak momentum keeping the near-term outlook bearish.Pi Network (PI) has dropped below $0.0800 on Wednesday after a modest rebound helped it avoid extending losses below last week’s low.The token traded around $0.07956, losing the previous session’s 2% gain. Meanwhile, the Pi Core Team reiterated its exploration of stablecoin integration as a way to broaden activity across the ecosystem.Despite the recovery, PI remains below key moving averages, leaving the price vulnerable if support at $0.0774 fails.Pi Core team explores stablecoin integrationThe Pi Core Team is considering how stablecoins could support additional ecosystem uses while preserving PI’s role as the network’s native cryptocurrency.Stablecoins can play an important role in expanding certain utility across the Pi ecosystem, particularly in use cases where predictable price stability is important.The introduction of stablecoins requires a deliberate, unique approach, and must be aligned with Pi Network’s ecosystem and principles.
– Simply adding a stablecoin does not guarantee that it will naturally complement Pi.
– How the two function alongside each other depends on how stablecoins are integrated into the Pi ecosystem.This makes the design and initial introduction especially important. Stablecoin functionality should be directed toward circumstances where price stability is needed while preserving the utility of the Pi cryptocurrency across the broader ecosystem.Learn more https://t.co/MuubtRW4uh— Pi Network (@PiCoreTeam) October 13, 2026Its partnership with Open Standard, the issuer of OUSD, focuses on potential stablecoin integration and rewards programs for Pi users, known as Pioneers.According to the announcement, Open Standard is backed by companies including Visa and Stripe. Planned OUSD rewards initiatives aim to encourage broader ecosystem participation.The integration remains an area of exploration, with the team emphasizing that stablecoin functionality should complement PI’s utility.PI rebounds but remains below key moving averagesPI’s rebound has provided some relief after recent selling pressure, but the broader technical picture remains weak.The token trades below the 50-day exponential moving average at $0.0882 and the 200-day EMA at $0.1256. Both remain overhead barriers to a sustained recovery.In the near term, PI is trading between support at $0.0774 and resistance around $0.0827. The latter corresponds to the 23.6% Fibonacci retracement identified in the analysis.Until buyers overcome that upper boundary, the latest gain remains a rebound within a bearish structure.The Relative Strength Index is near 37, below its neutral midpoint and consistent with continued selling pressure.The Moving Average Convergence Divergence indicator remains slightly negative and below its signal line, reinforcing the cautious outlook.These readings suggest the rebound has yet to produce a convincing shift in momentum. Holding above $0.0800 offers short-term stability, but buyers still need to clear nearby resistance.PI/USD Daily ChartOn the downside, a sustained break below $0.0774 could expose the $0.0704 swing low.On the upside, PI first needs to reclaim $0.0827 before challenging the 50-day EMA at $0.0882. Moving above both levels would strengthen the case for a more durable recovery.A sustained advance beyond $0.0882 could then bring the 50% Fibonacci retracement near $0.0990 into focus.For now, the ability to defend $0.0774 and overcome $0.0827 will help determine whether the rebound develops into a recovery or gives way to renewed losses.The post PI holds below $0.0800 as stablecoin plans emerge, but downside risks persist appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/lyQuDzX
Key takeawaysXRP bounced from $1.32 following news of Standard Chartered’s involvement in an RLUSD custody arrangement.The deal with Ripple and LMAX would allow institutional clients to place RLUSD with the bank.XRP ETFs have attracted around $12 million this month, pointing to substantially weaker inflows than September.XRP rebounded from support at $1.32 as investors assessed a custody arrangement involving Standard Chartered, Ripple and institutional trading firm LMAX Group.Announced Monday, the deal would allow LMAX customers to place Ripple USD (RLUSD) with Standard Chartered, adding bank custody capabilities to their stablecoin activities.The development supports Ripple’s institutional expansion, although XRP’s technical outlook remains cautious and ETF inflows have slowed.Standard Chartered brings bank custody to RLUSDThe arrangement aims to give institutional clients greater flexibility in safeguarding RLUSD and managing risk.Standard Chartered’s Global Head of Digital Assets, Waqar Chaudry, said clients want access to digital asset markets while maintaining established standards for asset protection.He added that combining the bank’s capabilities with Ripple and LMAX could help institutions incorporate digital assets into their broader financial activities.The agreement concerns custody of RLUSD. Its implications for XRP depend on whether broader ecosystem adoption translates into demand for the token.RLUSD has grown to approximately $2.4 billion in market capitalization, according to RWA.xyz figures.Ripple has also pursued licenses in key jurisdictions to support payments and other financial services using the stablecoin for settlement.The Standard Chartered arrangement adds another institutional connection to that effort. Expanded RLUSD usage could support activity across the XRP Ledger, providing additional opportunities for payments and financial applications.However, stablecoin growth and XRP investment flows currently present different pictures.SoSoValue data shows XRP-linked ETFs have received approximately $12 million in net inflows this month.If that pace continues, October inflows could finish below $30 million—roughly 75% lower than September’s total.That projection remains dependent on flows during the rest of the month, but the current figures suggest institutional investors have become more cautious during XRP’s pullback.A stronger recovery would benefit from renewed buying interest alongside the ecosystem’s custody and payments developments.XRP price outlook: $1.28 holds the key to recoveryThe latest bounce reinforces $1.32 as an important near-term support level. Analysts places the 200-day exponential moving average near that area.A further decline could bring $1.28 into focus. The analyst views that level as the final support underpinning the recovery scenario; a sustained break below it could expose a deeper move toward $1.XRP/USD Daily ChartThe Relative Strength Index has fallen to around 40, indicating weak momentum. That reading alone does not confirm that selling pressure is exhausted or that a rebound is imminent.Provided $1.28 holds, XRP maintains an upside target of $1.80 over the coming weeks, followed by $2.10 if buying momentum strengthens. Those levels remain conditional forecasts as XRP attempts to stabilize after its correction.The post XRP rebounds from $1.32 as Standard Chartered adds RLUSD custody appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/qgvZCr9
Key takeawaysZcash traded near $1,111 on Thursday, extending Wednesday’s roughly 6% decline.A sustained four-hour close below $1,115 could expose support at $1,050 and $1,000.ZEC needs to reclaim resistance between $1,242 and $1,264 to ease its near-term bearish outlook.Zcash extends losses despite renewed ETF buyingZcash continued to fall on Thursday as inflation concerns weighed on the broader cryptocurrency market, overshadowing a return to inflows into Grayscale’s Zcash-focused exchange-traded fund.ZEC traded around $1,094 at the time of the report, extending the previous day’s roughly 6% loss. The decline brought the privacy coin below last week’s $1,115 low, although a sustained four-hour close beneath that level remained important for confirming a breakdown.The latest selling extends a correction from Zcash’s late-September peak of $1,698. With momentum indicators still pointing lower, attention has shifted toward whether buyers can prevent a deeper retreat toward $1,000.The US Consumer Price Index showed annual inflation of 3.7%, exceeding expectations of 3.6%, according to the supplied report.The stronger reading increased concerns about persistent inflation and the possibility of further interest rate hikes, weakening appetite for cryptocurrencies.Bitcoin’s vulnerability around $80,000 added to the cautious backdrop. Further weakness in the largest cryptocurrency could intensify selling across altcoins, including Zcash.These macroeconomic pressures have limited the impact of improved demand through ZEC investment products, leaving the token under pressure despite Wednesday’s positive fund flows.Grayscale’s ZCSH attracts $3.68 millionGrayscale’s Zcash-focused fund, ZCSH, recorded $3.68 million in inflows on Wednesday, according to SoSoValue data cited in the report.The inflows ended two consecutive days of withdrawals, which followed two weeks of net outflows. The reversal offered an early indication of renewed demand through the product.However, a single positive session does not establish a sustained recovery in investor appetite. Zcash’s continued spot-market decline suggests the buying was insufficient to overcome broader selling pressure.Whether ZCSH can attract further inflows will help determine if Wednesday’s improvement develops into a more durable trend.Zcash tests support below $1,115Zcash’s four-hour chart retains a bearish bias, with the price trading well below two important moving averages.The 50-period Exponential Moving Average stands near $1,242, while the 200-period EMA sits around $1,264. Together, they form an overhead resistance zone that could complicate recovery attempts.Momentum indicators reinforce the weak outlook. The Moving Average Convergence Divergence indicator and its signal line remain below zero, accompanied by deeply negative histogram bars.Meanwhile, the Relative Strength Index hovers around 34, indicating subdued momentum while remaining slightly above the conventional oversold threshold of 30.The immediate technical question is whether ZEC confirms a sustained break below $1,115. A four-hour close beneath that level would strengthen the bearish case and increase the risk of further losses.If the breakdown holds, the September 4 high near $1,050 becomes the next downside reference, followed by psychological support at $1,000.ZEC/USD Daily ChartA failure to defend $1,000 could expose the August 23 high around $888. That deeper target remains conditional on Zcash losing the intervening support levels.For buyers, the first significant recovery hurdle is the 50-period EMA at $1,242. Beyond that, the 200-period EMA near $1,264 presents another barrier.Reclaiming this resistance zone would help ease downside pressure. Until then, weak momentum and broader market uncertainty leave Zcash exposed to further selling, with the $1,115 level central to its immediate direction.The post Zcash risks slide toward $1,000 as inflation fears outweigh ETF inflows appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and…
Key takeawaysEthereum traded below $2,400, down 5.3% over 24 hours, after stronger-than-expected US inflation unsettled crypto markets.Higher Treasury yields, a stronger dollar and rising rate hike expectations added pressure to ETH.Key support sits around $2,353–$2,355, while resistance at $2,498 and $2,548 could challenge recovery attempts.Ethereum retreats as inflation raises rate hike concernsEthereum extended its decline below $2,400 on Thursday as stronger-than-expected US inflation triggered renewed selling across cryptocurrency markets.The second-largest cryptocurrency traded near $2,370 at the time of the report, losing approximately 5.3.% over the previous 24 hours.September’s Consumer Price Index rose 0.6% month-over-month, matching expectations but accelerating from August’s 0.4% increase. Annual headline inflation reached 3.7%, above the 3.6% forecast and up from 3.4% previously.Core inflation, which excludes food and energy prices, also exceeded expectations. The measure rose 0.3% monthly and 2.6% annually, compared with forecasts of 0.2% and 2.5%, respectively.The figures increased concerns that persistent inflation could prompt further monetary tightening, weakening demand for risk assets.US Treasury yields and the dollar strengthened following the inflation release, creating additional headwinds for Ethereum.The 10-year Treasury yield climbed to 5.32% before easing toward 5.22%. Meanwhile, the US Dollar Index moved above 102.80 for the first time since April 2025, according to the report.Higher Treasury yields increase the relative appeal of interest-bearing assets, raising the opportunity cost of holding cryptocurrencies. A stronger dollar can also weigh on dollar-denominated crypto prices.At the same time, the probability of a Federal Reserve rate increase at its October meeting rose from 22% to 35%, based on the CME FedWatch figures cited in the source.That repricing reinforced expectations of tighter financial conditions, leaving Ethereum vulnerable to further selling.ETH long positions account for most liquidationsEthereum’s decline also forced leveraged traders out of positions. CoinGlass data shows $293.98 million in ETH liquidations over the previous 24 hours. Long positions accounted for 90% of that total, indicating that traders positioned for higher prices absorbed most of the losses.The latest liquidations followed Tuesday’s volatile trading, which wiped out approximately $120 million in Ethereum longs.Successive rounds of long liquidations highlight the pressure on bullish leveraged positions. Forced selling can amplify a price decline when falling collateral values trigger further position closures.Onchain data suggests potential selling pressure is also building outside the derivatives market.Ethereum’s exchange netflow has remained positive since Sunday, continuing a pattern seen during the previous week, according to CryptoQuant data cited in the article.Positive netflow means more ETH is entering exchanges than leaving them. Such movements can indicate that holders are preparing to sell, although deposits alone do not confirm that sales have occurred.Combined with rising long liquidations, the trend leaves Ethereum facing pressure from both leveraged positioning and potential spot-market supply.Ethereum faces resistance below $2,563Ethereum’s daily chart maintains a bearish near-term bias, with the price below its 50-day Exponential Moving Average at $2,498 and its 20-day EMA at $2,563.The first recovery hurdle is the 50-day EMA. Above that, the horizontal resistance at $2,548 and the 20-day EMA form a further barrier to sustained gains.A recovery through this area would bring $2,636 into focus, followed by resistance near $2,781.Momentum remains weak. The 14-day Relative Strength Index stands around 38, while the Stochastic Oscillator is near 7, indicating oversold conditions. Those readings could support a pause or short-term rebound, but they do not confirm a downtrend reversal.The source analysis identifies the recent close near $2,432…
XDC Network selects Concordium to verify owners of AI agents.Verified agents receive on-chain badges while personal data stays private.The partnership includes revenue sharing and sponsored network fees.XDC Network has selected Concordium as the exclusive identity verification provider for XDC AI, its agent payments marketplace, in a move aimed at improving accountability for artificial intelligence agents conducting financial transactions.Announced on October 14, 2026, the integration allows AI agents on XDC AI to receive an on-chain verification badge confirming that a verified individual or business stands behind them, without publicly revealing the owner’s identity.XDC Network is a Layer-1 blockchain focused on payments, trade finance, and real-world assets.XDC AI, launched in July 2026, enables AI agents to use non-custodial wallets to discover and pay for services in USDC through the x402 payment standard.The integration adds an identity verification mechanism intended to help businesses and institutions establish who is accountable for an agent before allowing it to conduct transactions.Concordium introduces verified ownership for AI agentsUnder the new system, agent owners can complete identity verification through the Concordium Wallet.The process involves submitting a passport and completing a liveness check conducted by an independent identity provider.Owners then link their XDC wallets using two signatures that do not transfer funds and register their agents.Concordium subsequently issues a publicly verifiable badge, while personal information remains off-chain.According to the announcement, identity disclosure requires a court order and joint action by independent Privacy Guardians.Atul Khekade, co-founder of XDC Network, said the integration addresses the need for institutions to identify who stands behind an AI agent before trusting it with financial transactions.He added that the verification system allows developers to establish accountability without placing personal information on the blockchain.Boris Bohrer-Bilowitzki, chief executive officer of Concordium, said payment capabilities alone do not establish who is responsible for an agent’s actions.He said the partnership combines XDC’s transaction infrastructure with verification of the individuals or businesses behind participating agents.XDC becomes Concordium’s first full-network integrationConcordium already supports AI agent verification on Ethereum and Solana, with XDC becoming its first full-network integration.The companies said agents can retain their existing XDC wallets, code, and operations while using Concordium for identity verification.This allows the identity layer to be added without requiring agents to replace their existing wallets or operational infrastructure.The partnership also includes revenue sharing for each agent verification. Every verified agent creates a Concordium account linked to a verified owner.Network fees are sponsored, removing the requirement for developers to hold CCD tokens to use the verification service.The arrangement is intended to make verification accessible to developers while providing an additional accountability mechanism for AI agents operating within the marketplace.However, the announcement does not specify the financial terms of the revenue-sharing agreement or disclose the number of agents expected to use the service.Verification aims to support institutional adoptionThe integration comes as AI agents gain capabilities to discover services and conduct transactions with limited direct human involvement.In such settings, identifying the individual or business responsible for an agent can be an important consideration for organisations assessing whether to grant it financial authority.XDC Network’s marketplace already supports agent payments in USDC.Concordium’s verification layer adds a way to establish a link between an agent and a verified owner while keeping that owner’s personal information private by default.The companies said agent verification…
Stablecoins could reshape payments and compete with banks without replacing their broader financial services.Research highlights potential effects on bank deposits, lending, liquidity, and demand for US Treasury securities.By 2030, banks and stablecoin issuers may increasingly integrate blockchain technology and traditional financial infrastructure.The global banking system is facing an unusual challenge. For centuries, banks have played a central role in storing money, processing payments, and providing credit.Today, a new generation of digital financial instruments is beginning to challenge parts of that model.Stablecoins, which are designed to maintain a relatively constant value against traditional currencies, allow people and businesses to transfer money through blockchain networks.Their development raises an important question: could the financial system eventually operate without the traditional bank accounts and payment infrastructure that most people use today?For investors and readers following the transformation of global finance, understanding the difference between digital money and conventional banking is becoming increasingly important.Financial news platforms such as the Coinspot site help audiences follow developments in digital assets, payment technology, and the changing financial landscape.Yet the most consequential aspect of stablecoin adoption may not be the technology itself.It may be the possibility that money could move through new networks while banks gradually lose their exclusive position as the primary gateway to financial services.The banking monopoly that was never quite a monopolyBanks have traditionally performed several important economic functions.They provide accounts where households and businesses can hold money.They process payments, manage financial records, and extend credit to borrowers.These activities are closely connected, but they are not identical.A customer may use a bank account primarily to receive wages and pay bills. Another customer may depend on the same institution for a mortgage or business loan.Stablecoins challenge the payment and money-holding components of this arrangement.They do not automatically replace the credit creation, financial analysis, and regulatory responsibilities performed by banks.This distinction is essential.A technology that makes money transfers faster does not necessarily create a complete alternative banking system.The future may involve greater competition in selected services rather than the disappearance of traditional financial institutions.What makes a stablecoin different from money in a bank account?A dollar-backed stablecoin is generally designed to maintain a value close to one US dollar.Its issuer may hold reserves intended to support redemption, depending on the product’s structure and applicable regulations.A bank deposit represents a claim against a regulated financial institution.These arrangements may appear similar from the customer’s perspective, but their legal and economic foundations are different.Bank deposits can be protected by deposit insurance within applicable limits and jurisdictions.Stablecoins do not automatically provide equivalent protection.Banks also participate in payment and settlement systems supported by central banks.Stablecoin transfers can occur on blockchain networks, where the reliability of settlement depends on the underlying technology and financial arrangements.Stablecoins vs. traditional bank depositsFeatureTraditional Bank DepositReserve-Backed StablecoinPrimary IssuerRegulated commercial bankStablecoin issuerValueDenominated in conventional currencyDesigned to track a reference currencyDeposit InsuranceMay apply within legal limitsGenerally not equivalent to insured depositsTransfer InfrastructureBanking and payment networksSupported blockchain networksOperating HoursDepends on payment systemBlockchain transfers can operate continuouslyCredit CreationBanks can lend against their funding baseStablecoin issuance does not inherently create loans…
Key takeawaysEthereum recovered above $2,400 after briefly falling toward $2,340 following hotter-than-expected US producer inflation.September PPI rose 6.3% annually, while core PPI reached 5%, both exceeding forecasts.Support stands near $2,355, while resistance between $2,496 and $2,552 could challenge the recovery.Ethereum rebounds after producer inflation surpriseEthereum recovered above $2,400 on Friday after a stronger-than-expected US wholesale inflation report briefly pushed the cryptocurrency toward $2,340.September’s Producer Price Index increased 1.3% month-over-month and 6.3% annually, exceeding forecasts of 0.5% and 5.3%, respectively.Core PPI, which excludes food and energy prices, also surpassed expectations. It rose 0.7% monthly and 5% annually, compared with forecasts of 0.3% and 4.4%.The figures followed Wednesday’s hotter-than-expected Consumer Price Index release, adding to concerns about persistent inflation and the outlook for monetary policy.Ethereum initially declined alongside other risk assets before recovering as Treasury yields and the dollar retreated.The concentration of losses among bullish traders highlights the pressure on leveraged positions during the decline. Forced position closures can intensify selling as falling prices erode traders’ collateral.The figures cover the full 24-hour period, including the volatility surrounding the inflation releases, rather than only the immediate response to Thursday’s PPI data.Ethereum’s rebound accompanied a decline in US 10-year Treasury yields to 5.095%, their lowest level since September 22.Lower yields helped ease one source of pressure on Ethereum following the earlier inflation-driven rise in borrowing-cost expectations.The US Dollar Index also reversed its post-CPI gains, falling to approximately 102.04 at the time of writing.Together, the retreat in yields and the dollar provided a more supportive backdrop for the broader cryptocurrency recovery, even as inflation concerns remained unresolved.Ethereum defends $2,355 support but faces resistanceOn the daily chart, Ethereum recovered from the area around its 100-day Exponential Moving Average at $2,356 and horizontal support at $2,355, following its brief dip beneath that zone.Buyers are now attempting to maintain the recovery above $2,411. Momentum indicators show some improvement. The Relative Strength Index edged up to 40.9, while the Stochastic Oscillator stood near 25. Both suggest that immediate bearish pressure has eased, although they do not establish a confirmed trend reversal.ETH/USD Daily ChartThe first upside obstacle is the 50-day EMA at $2,496. Beyond that, horizontal resistance at $2,548 and the 20-day EMA at $2,552 form a closely grouped barrier.Reclaiming those levels would strengthen the short-term recovery outlook. On the downside, the 2,355–2,356 area remains important. A daily close below it could expose support at $2,204, followed by $1,971 and $1,827 if selling continues.The post Ethereum reclaims $2,400 as falling Treasury yields ease inflation pressure appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/ulfOeZn
Key takeawaysHYPE recovered to $81.88 after falling to approximately $77.59 following hotter-than-expected US producer inflation.Ripple Prime introduced institutional RWA perpetual swaps referencing more than 100 Trade.xyz markets on Hyperliquid.HYPE faces resistance at $83.10, while support lies around $76.30–$75.70.HYPE recovers after inflation-driven selloffHyperliquid’s HYPE token rebounded toward $82 on Friday, recovering from an intraday decline as new institutional trading initiatives drew attention to the platform.HYPE traded at approximately $81.88 at the time of this report, up 0.8% over the previous 24 hours. Earlier, the token fell to around $77.59 after a stronger-than-expected US inflation reading.September’s Producer Price Index rose 6.3% year over year, exceeding expectations of 5.3%. The surprise renewed concerns about the Federal Reserve’s interest rate outlook and weighed on risk-sensitive assets.Leveraged bullish positions absorbed most of HYPE’s liquidation losses. CoinGlass data showed approximately $7 million in long liquidations, compared with $810,000 in short positions.Although the rebound restored HYPE above $80, the token remained below important short-term moving averages.Ripple announced Thursday that Ripple Prime had introduced real-world asset perpetual swaps covering more than 100 reference markets.The products span equities, equity indices, exchange-traded funds, metals, energy and foreign exchange. Trading and settlement are available around the clock, including weekends.The swaps reference Trade.xyz perpetual futures listed on Hyperliquid. Ripple Prime acts as the principal counterparty, giving institutional clients access through its brokerage services rather than requiring them to trade directly on the decentralized platform.The offering expands the connection between institutional brokerage services and Hyperliquid’s derivatives infrastructure. However, the launch does not establish a direct or immediate increase in demand for HYPE itself.RLUSD collateral and cross-margining support the offeringEligible clients can use Ripple’s RLUSD stablecoin as collateral for the new swaps. Ripple Prime also supports cross-margining across eligible asset classes, allowing institutions to manage collateral requirements and portfolio risk across multiple positions. Offsetting exposures may reduce margin requirements, depending on the portfolio and applicable rules.Market maker Virtu is among the institutions already using the products, according to Ripple.The service is currently offered through Ripple Prime’s CIV BVI license. Ripple plans to expand availability to additional regions but has not provided a timetable.Separately, EQX Labs announced plans to introduce 11 tokenized US equity and ETF markets on Hyperliquid’s HyperCore infrastructure.The proposed lineup includes exposure to Apple, Nvidia, Amazon and Tesla, alongside ETFs tracking major US markets.According to EQX, the tokens will trade on Hyperliquid’s public order book and will each be backed by shares held in custody.These planned products differ from the perpetual derivatives Ripple Prime referenced. Together, the initiatives point to a broader range of traditional-market exposures being developed around Hyperliquid.HYPE faces resistance at the 50-Day EMAHYPE’s daily chart retains a slightly bearish tone despite the rebound. The token remains above its 100-day Exponential Moving Average at $76.30 but below the 50-day EMA at $83.10 and the 20-day EMA at $85.40.That positioning suggests longer-term support remains intact while short-term recovery attempts face overhead resistance.The Relative Strength Index stands near 43, below its neutral midpoint. Meanwhile, the Stochastic Oscillator is around 20, indicating weak momentum near oversold territory without confirming a reversal.HYPE/USD Daily ChartInitial resistance sits at $83.10. Above that, the horizontal barrier at $85 and the 20-day EMA at $85.40 form the next resistance area. A sustained recovery through those levels would bring $97.80…
Key takeawaysBitcoin traded around $82,800 on Wednesday, maintaining gains from the previous session.BTC remains above its 50-day and 200-day EMAs, supporting a constructive technical backdrop.Support lies at $80,769, with deeper levels at $77,862 and $76,090.Bitcoin stabilizes after bullish daily closeBitcoin held near $82,800 on Wednesday after a modest recovery the previous day, as easing selling pressure supported hopes of further gains.Ethereum and XRP also remained steady following bullish daily closes, according to the report. However, the supplied technical analysis focuses on Bitcoin.BTC continues to trade above its 50-day Exponential Moving Average at $80,769 and its 200-day EMA at $76,090. Holding those levels preserves a constructive backdrop, although buyers still need stronger momentum to sustain an extended rally.Bitcoin’s daily Moving Average Convergence Divergence indicator is approaching a crossover above its signal line.A completed bullish crossover would strengthen the case that downward momentum is fading. For now, the signal remains unconfirmed.The Relative Strength Index stands near 51, slightly above its neutral midpoint. That reading suggests a modest improvement in momentum without indicating particularly strong buying pressure or overbought conditions.Together, the indicators point to stabilization rather than a decisive breakout. Continued price gains would provide stronger confirmation that buyers are gaining control.Bitcoin faces upside resistance at $89,337The BTC/USD daily chart shows the 78.6% Fibonacci retracement near $89,337 as an important resistance level if Bitcoin’s recovery extends.The retracement is drawn between a lower anchor at $57,800 and the upper reference at $97,924.A sustained move through $89,337 would bring the $97,924 area into focus as the next major target in that framework.These levels represent conditional technical objectives. Bitcoin would still need follow-through buying to move meaningfully higher from its current position near $83,000.The first significant support level is the 50-day EMA near $80,769. Holding that average would help preserve the latest recovery structure. BTC/USD Daily ChartA sustained break beneath it would weaken the near-term bullish outlook and shift attention toward the 50% Fibonacci retracement at $77,862.Below that, the 200-day EMA at $76,090 provides a deeper reference for the broader trend.Bitcoin’s immediate outlook therefore rests on maintaining support while momentum improves. A confirmed MACD crossover, accompanied by sustained buying, would offer clearer evidence that the recovery can extend toward overhead resistance.The post Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/6OcVide
At TOKEN2049, Probly spotlighted on-chain markets for real-world events.Probly’s WHALE3RA event drew traders, builders and other Web3 participants.TxFlow settlement supports automatic USDC payouts without manual claims.Probly, an on-chain prediction market for sports, politics, crypto, finance, and global events, has concluded its participation as a Gold Sponsor of TOKEN2049 Singapore and co-host of the WHALE3RA Afterparty alongside BloFin, TxFlow, and other ecosystem partners.Across TOKEN2049 week, Probly connected with traders, builders, infrastructure teams, partners, and Web3 communities around the growing role of prediction markets as a way to express views on real-world events.The week also gave Probly an opportunity to introduce its approach to prediction markets to a broader crypto-native audience: simple access, broad market coverage, self-custody USDC, peer-to-peer trading, and verifiable on-chain settlement.From market opinions to on-chain signalsMediaPrediction markets are increasingly becoming an interface for turning expectations about future events into market signals. For Probly, TOKEN2049 provided an opportunity to bring that idea directly to an audience already accustomed to trading changing market conditions, information, and expectations.The name Probly comes from “probably,” the word people use when the outcome of an event remains uncertain. It is also inspired by P(A), the mathematical notation used to represent the probability of an event.Probly currently supports 5,100 events and 47,000 markets across Sports, Geopolitics, Crypto, Finance, Economy, and Politics. The platform also offers 172 active live markets for same-day trading, including high-frequency Crypto “Up or Down” rolling markets across BTC, ETH, SOL, and XRP.Probly is the first prediction market application developed through TxFlow Improvement Protocol 3 (TIP3). Settlement through TxFlow enables on-chain settlement, automatic USDC payouts, and no manual claim step.Bringing the prediction market conversation to WHALE3RAMediaProbly also co-hosted WHALE3RA at MARQUEE Singapore during TOKEN2049 week alongside BloFin, TxFlow, and other ecosystem partners.The event brought together traders, builders, funds, exchanges, infrastructure teams, and Web3 communities, giving Probly an opportunity to engage directly with many of the audiences shaping the next generation of crypto products.For Probly, these conversations reinforced an important direction for the product: prediction markets should not be limited to occasional major events. They can become a more active interface for following changing information, forming a view, and trading expectations as events develop.What comes next for ProblyFollowing TOKEN2049 Singapore, Probly will continue developing its prediction market experience around accessibility, broader event coverage, frequent trading opportunities, and transparent on-chain infrastructure.The company will also continue working with ecosystem and infrastructure partners as it develops new ways for users to express views on future outcomes through on-chain markets.TOKEN2049 and WHALE3RA marked another step in bringing Probly’s core idea to a wider audience: uncertainty is everywhere, and markets can make collective expectations around what happens next more visible, transparent, and useful.Before It Happens.About ProblyProbly is a prediction market built on TxFlow L1 through TxFlow Improvement Protocol 3 (TIP3). It turns views about future events into continuously updated market signals across sports, crypto, economics, news, culture, weather, and other real-world categories.Probly combines real-time markets, broad event coverage, fully on-chain settlement, and self-custodied USDC infrastructure. Its mission is to make collective expectations more immediate, transparent, and useful by converting uncertainty into a price.Media ContactProbly PR TeamEmail: torygarcia@probly.comWebsite: https://www.probly.com/en X: @ProblyHQImportant NoticeThis announcement is provided for general informational…
Nearly 90% of circulating FXRP supply is deployed across DeFi protocols.Flare Data Connector fees now account for 45% of protocol revenue.Flare plans Bitcoin integration and mainnet deployment of confidential computing.Nearly 90% of the circulating supply of FXRP, Flare’s XRP-focused token, is deployed across decentralised finance (DeFi) protocols, according to a new report by DefiLlama examining the blockchain network’s adoption, technology and token economics.The analysis found that approximately 129 million of the 145 million FXRP tokens in circulation were deployed across DeFi applications.The findings highlight the growing use of XRP-linked assets in lending, borrowing and other decentralised financial services.FXRP launched in September 2025 through Flare’s FAssets system, which enables XRP holders to access DeFi opportunities.Flare is an Ethereum Virtual Machine-compatible Layer 1 blockchain focused on decentralised data infrastructure.Lending markets account for the largest FXRP deploymentLending markets represent the largest use of deployed FXRP, with activity across Morpho and Kinetic on Flare, Morpho on Ethereum and Euler on Monad.Much of the token supply is used as collateral, allowing holders to borrow against their XRP exposure instead of selling their holdings.This creates a way for investors to access liquidity while retaining exposure to the underlying asset.The report highlighted activity in Sentora’s RLUSD vault on Morpho, where 10.6 million FXRP tokens backed $7.9 million of RLUSD supplied in late September.The figures indicate that FXRP is being used beyond simple token transfers, with holders deploying the asset into lending markets and other financial applications.Cross-chain adoption has also expanded. Approximately 20 million FXRP tokens are now deployed outside Flare, representing a fivefold increase since July.Issued as a LayerZero Omnichain Fungible Token, FXRP has expanded to seven networks.The token also became the first XRP spot pair on HyperCore in January, according to the announcement.Flare data fees become its fastest-growing revenue sourceBeyond its XRP-focused DeFi ecosystem, the report examined the development of Flare’s data infrastructure and its contribution to network revenue.Since the implementation of FIP.16, fees generated by the Flare Data Connector have grown faster than those of any other protocol revenue source.The connector verifies events occurring on other blockchain networks and now accounts for 45% of Flare’s total protocol revenue.The report also identified a change in FLR staking patterns.Between April and August, the share of staked or delegated FLR represented by directly staked tokens rose from approximately 32% to 46%.The shift followed a July hard fork that gave greater weight to direct staking.These developments suggest that Flare’s data-related services are becoming a more significant component of its network economics, alongside the growth of applications built around XRP.Confidential computing and Bitcoin integration are next milestonesFlare is also developing Flare Confidential Compute (FCC), a system designed to let smart contracts verify results derived from private institutional data without exposing sensitive information.Its first institutional application is live on the Songbird canary network and supports proof of reserves for Hex Trust’s USDX stablecoin.DefiLlama described the potential role of the technology as expanding beyond conventional data feeds.The report stated that as applications grow, FCC “becomes closer to an oracle primitive for private data, playing the role for institutional information that FTSO plays for public prices.”Looking ahead, the report identified the planned FBTC product for Bitcoin integration, the mainnet deployment of Confidential Compute and higher protocol revenue as key milestones for Flare.Progress on these initiatives will help determine whether the network can extend its data infrastructure beyond XRP-focused applications and attract broader institutional participation…
Key takeawaysCardano trades below $0.22 after failing to sustain a move above its 50-day EMA.ADA’s long-to-short ratio stands at 0.79, approaching its lowest reading in more than a month.Negative funding rates indicate increased demand for bearish derivatives exposure.Cardano recovery stalls below key moving averageCardano remained under pressure on Thursday, trading below $0.220 after buyers failed to sustain the previous day’s recovery above the 50-day Exponential Moving Average.The rejection leaves ADA below its 50-day and 200-day EMAs, maintaining a bearish near-term outlook. Price is now hovering just above the 100-day EMA around $0.220, placing immediate support within reach.Weak derivatives positioning and subdued momentum suggest buyers have yet to establish enough strength to reverse the corrective trend.CoinGlass data showed Cardano’s long-to-short ratio at 0.96 on Thursday, nearing its lowest level in more than a month.The reading indicates a greater share of short positioning among the accounts measured, reflecting caution about ADA’s recovery prospects.Funding rates reinforced that picture. Cardano’s rate turned negative on Wednesday and stood at -0.0025% on Thursday, meaning short-position holders were paying longs.Together, the readings point to a bearish tilt in derivatives positioning. They do not guarantee further losses, but they provide little confirmation of renewed bullish conviction.CryptoQuant’s summary data also indicated selling pressure across Cardano markets. The platform identified large whale orders and heating conditions in futures trading, alongside sell-side dominance in both spot and futures markets.Large orders alone do not establish direction. However, their presence alongside stronger selling activity adds to the cautious backdrop as ADA struggles beneath overhead resistance.A stronger recovery would require buyers to absorb that supply and sustain price gains beyond nearby technical barriers.ADA drops below $0.220 as momentum remains weakCardano’s daily momentum indicators continue to favor caution. The Relative Strength Index remains in the low-40s, below the neutral 50 threshold.Meanwhile, the Moving Average Convergence Divergence remains negative, suggesting that bearish pressure may be easing without a confirmed reversal.The first support to watch is the 100-day EMA near $0.220. A sustained break below that level would bring the $0.210 area into focus.If selling extends through $0.210, the chart points to a deeper support region around $0.170. That remains a downside scenario dependent on a breakdown of the nearer support levels.ADA/USD Daily ChartOn the upside, the 50-day EMA around 0.228–0.230 forms the first recovery barrier. A sustained move above that zone would ease immediate pressure and shift attention toward horizontal resistance near $0.236, followed by the 200-day EMA around $0.240.Further resistance lies near $0.250, with $0.300 a more distant level should a broader recovery develop.For now, ADA’s ability to hold $0.220 remains central to its short-term outlook as bearish derivatives positioning and weak momentum limit recovery attempts.The post Cardano risks further losses as ADA drops below the $0.220 support appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/VjdHWDi
Key takeawaysBTC traded around $81,593, above its 50-day EMA at $80,878.Bitcoin’s RSI near 47 and slightly negative MACD suggest recovery momentum remains weak.BTC faces resistance at $85,000, with deeper support at $77,528 and $76,186.Crypto prices stabilize after support testsBitcoin, Ethereum and XRP edged higher on Friday after the previous session’s correction brought all three assets toward important technical support levels.Bitcoin held just near its 50-day Exponential Moving Average, Ethereum found support around its 100-day EMA, and XRP maintained its horizontal floor near $1.300.The modest rebound suggests buyers remain active around these levels. However, the recovery remains dependent on support holding, with decisive daily closes below those areas potentially opening the door to a deeper correction.Bitcoin holds its 50-Day EMABitcoin traded just below $81,856 on Friday, remaining above its 50-day EMA at $80,878.Holding that average preserves a constructive technical backdrop despite the recent consolidation. The 100-day EMA at $77,528 and the 200-day EMA at $76,186 also remain below the current price, providing additional support for the broader trend.Momentum indicators offer less convincing evidence of an immediate rally. The Relative Strength Index sits near 46, slightly below the neutral 50 threshold, suggesting buyers have yet to establish clear control. Meanwhile, the Moving Average Convergence Divergence remains marginally negative.Together, those readings indicate stabilization rather than a confirmed bullish reversal. The first major upside barrier is the horizontal resistance near $85,000, where previous selling could limit recovery attempts.BTC/USD Daily ChartA sustained move toward that level would test whether buyers can build on Friday’s rebound. Stronger momentum would be needed to turn the current support defense into a more durable advance.Until then, Bitcoin remains vulnerable to further consolidation as buying interest below price competes with overhead supply.On the downside, the 50-day EMA at $80,878 remains the immediate level to watch. A decisive daily close below it would weaken the recovery setup and bring the 100-day EMA at $77,528 into focus. Further selling could expose the 200-day EMA at $76,186.The post Bitcoin holds near $81,800 as BTC defends key support appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/61veMTg
Key takeawaysNEAR edges higher on Wednesday after rebounding approximately 6% the previous day.NEAR Intents launched confidential perpetual contracts linked to Jio Platforms ahead of its scheduled listing.Bitwise’s NEAR-focused ETF recorded $4.84 million in outflows Tuesday, following $1.40 million in inflows Monday.NEAR extends recovery following Jio perpetuals launchNEAR Protocol moved higher on Wednesday, extending the previous day’s roughly 6% rebound as traders assessed a new derivatives offering and weaker ETF demand.NEAR Intents launched confidential perpetual contracts linked to Jio Platforms on Tuesday, ahead of the Reliance Group company’s scheduled Wednesday listing.The contracts offer exposure to Jio’s price movements before listing while keeping traders’ positions confidential. They are derivatives, not ownership of the underlying shares.The launch adds another trading use case to the NEAR ecosystem, although its effect on demand for the NEAR token remains uncertain.Bitwise’s NEAR-focused exchange-traded fund recorded $4.84 million in net outflows on Tuesday, according to SoSoValue data.The withdrawal followed $1.40 million in inflows on Monday, leaving a combined net outflow of approximately $3.44 million across the two sessions.The reversal comes after four consecutive weeks of inflows. It could reflect profit-taking, but fund flows alone don’t reveal investors’ motivations or whether the trend will persist.Further withdrawals would indicate continued softness in demand through the ETF, while renewed inflows would suggest Tuesday’s redemptions were temporary.NEAR holds above its 50-Day Moving AverageNEAR traded around $4.74 in the supplied price snapshot, remaining above its 50-day Exponential Moving Average at $4.33.That positioning preserves a constructive near-term structure despite the pullback from the October 12 high of $6.00. The 200-day EMA sits considerably lower at $2.89, supporting the broader upward trend.However, NEAR remains below a descending trendline around $5.02. Buyers need to overcome that barrier to strengthen the recovery.A confirmed breakout could bring the September 27 high of $5.57 into focus. Until then, the psychological $5 threshold and nearby trendline remain obstacles.Daily momentum indicators have yet to show a decisive bullish shift. The Relative Strength Index stands near 49, close to the neutral 50 level, indicating a balance between buying and selling pressure.NEAR/USD Daily ChartMeanwhile, the Moving Average Convergence Divergence line remains below its signal line and slopes downward. That suggests momentum is still subdued despite the latest rebound.On the downside, initial support lies at the September 25 low near $4.43, followed by the 50-day EMA at $4.33. A break below those levels could expose the September 19 high around $3.91.Holding this support area while reclaiming $5.02 would provide stronger evidence that NEAR’s recovery is gaining traction.The post NEAR eyes $5 after Jio perpetuals launch appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/3oLXb7D
Cancore raises $7.2 million to expand tokenized asset trading infrastructure.Platform reports $53.2 million in volume across more than 84,000 trades.Funding supports AI trading agents, cross-chain settlement and expanded liquidity access.Cancore, a platform built on the Canton Network that connects tokenized assets with public blockchain liquidity, has raised $7.2 million in a seed funding round backed by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk.The platform has been live on Canton mainnet since April 2026, operating as a validator and Featured App.According to Cancore, as of October 1, it had processed more than $53.2 million in cumulative trading volume across more than 84,000 trades and generated over $538,000 in protocol revenue.Cancore is developing infrastructure designed to connect Canton-native assets, including tokenized real-world assets (RWAs), with liquidity on public blockchain networks.The company describes its approach as a “Liquidity OS for Tokenized Finance,” aimed at supporting the execution and trading of tokenized financial assets across blockchain ecosystems.“Canton has built strong institutional foundations, and the next step is opening it to broader market liquidity,” said Ye Su, General Partner at ArkStream.“Cancore is taking a practical approach, with live volume and revenue from day one. We’re pleased to back a team focused on real usage over hype.”Cancore uses atomic settlement to execute transactions between Canton and supported public blockchain networks.The company said transactions are designed to either complete in full or fail without partial execution.Users retain control of their private keys through Cancore’s self-custody wallet, while swaps are structured to settle on both networks or be refunded.The platform also supports automated execution through a Model Context Protocol (MCP) server, which allows users to automate platform actions and delegate tasks to AI systems.Cancore plans to expand these capabilities by enabling users to build and deploy their own trading agents to execute strategies, rebalance portfolios, allocate capital, and interact with liquidity.Alongside its work on agentic trading infrastructure, Cancore plans to add more real-world assets (RWAs) and liquidity to Canton.“Tokenization is bringing a growing range of financial assets onchain, but making those assets programmable is the next step,” said Wasif Rashid, co-founder and CEO of Cancore.“We see a future where users can deploy capital across tokenized assets and use agents to execute strategies and manage positions on their behalf.”The broader aim is to enable trading agents to interact with Canton-native assets, tokenized real-world assets and public-chain liquidity through a single execution layer.Cancore will use the $7.2 million seed funding to expand into additional blockchain networks and liquidity sources, while continuing to develop its agentic trading, security, and settlement infrastructure.“In traditional markets, much of the value sits with the infrastructure that moves capital between venues: clearing, settlement, prime brokerage,” said Danish Chaudhry, General Partner at Paper Ventures.“Tokenized markets will need the same layer, and between Canton and public chains it barely exists today. Cancore is building it to the security standard institutions expect, and we think this team is well placed to define how tokenized capital moves across networks.”The expansion will build on its existing connectivity across Canton, Ethereum Virtual Machine (EVM)-compatible networks, and Tron.The post Cancore raises $7.2M round to connect Canton with public-chain liquidity appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/Li2RIEd
Kyro connects more than 250 brokers, exchanges, and wallets in one workspace.Its AI tools analyse holdings and answer questions using portfolio data.Paid plans start at $12 monthly; mobile apps are also planned.Kyro opened its AI investing platform to the public on Thursday, giving retail investors a single workspace to track stocks, exchange-traded funds, cryptocurrencies and cash.The London-based platform combines portfolio monitoring, market research and AI-powered analysis of investment holdings.It targets investors whose assets are spread across brokerages, pensions, crypto exchanges and wallets, making it difficult to assess their overall exposure.“Most people have no real idea what they own or what they are exposed to. Nobody should need a finance degree or a Bloomberg Terminal to invest well,” said David Merry, Kyro’s co-founder and CEO.Connecting portfolios across financial platformsThe AI-powered platform said users can connect more than 250 brokers, exchanges and wallets, including Fidelity, Vanguard, Schwab, Robinhood, Interactive Brokers, eToro, Binance, Coinbase, OKX and MetaMask.Users can also import portfolio information through CSV files or screenshots.Balances, positions, and performance data from linked accounts are designed to update in real time, giving investors a consolidated view of their assets across different platforms.Kyro aims to replace fragmented portfolio tracking and make research capabilities typically associated with expensive professional terminals accessible to a wider audience.AI research based on investors’ holdingsKyro’s AI interface allows investors to ask questions in natural language and receive answers and charts based on their portfolios.For example, investors can use the platform to evaluate their exposure to a potential technology sell-off through ETFs or compare their portfolio returns with Bitcoin over three months.“The first wave of investing apps made it easy to buy and sell. The next wave puts the power of a professional research desk in everyone’s pocket, so anyone can understand what they own and invest with real confidence. We’re building the place where everyday investors finally get the same edge as Wall Street,” Merry said.KyroAI is the platform’s built-in assistant, while users can also access more than 100 AI models, including ChatGPT, Claude, Gemini and Grok.The platform’s Model Context Protocol (MCP) connector lets users access portfolio data and run queries through their existing AI applications.Kyro said all users have free access to more than 30 years of historical pricing data, alongside company financial statements, regulatory filings, insider transactions and analyst price targets for stocks, ETFs and cryptocurrencies worldwide.Other features include investment screeners, alerts for market movements and news tailored to securities held in an investor’s portfolio.Subscription plans and upcoming featuresKyro offers a permanently free plan. Its Premium and Master subscriptions start at $12 and $25 a month, respectively, when billed annually. Both paid tiers include seven-day free trials.The company plans to introduce AI agents capable of carrying out instructions subject to user approval.Its roadmap also includes iOS and Android apps, signals explaining why securities are trending on X and Reddit, and optional public investor profiles and performance leaderboards.  The post Kyro launches AI-powered investing platform for retail investors appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/FeSVgiR
Key takeawaysBitcoin, Ethereum and XRP are heading toward a fourth consecutive week of declines.BTC is down more than 2.5% this week, while ETH and XRP have lost over 4% and 5%, respectively.Bitcoin trades around $77,900, just above its 100-day EMA at $77,814.Major cryptocurrencies extend October declinesBitcoin, Ethereum, and XRP remained under pressure on Friday, putting all three on course for a fourth consecutive weekly loss since early October.Bitcoin has declined more than 2.5% so far this week. Ethereum and XRP have fallen over 4% and 5%, respectively, highlighting continued weakness across major digital assets.ETH slipped below $2,215, while XRP traded under $1.230. Bitcoin hovered around $77,477, leaving buyers facing an important test of longer-term support.Bitcoin falls below its 100-Day Moving AverageBitcoin’s near-term technical outlook weakened after it briefly slipped below the 100-day Exponential Moving Average at approximately $77,814.That level now represents the first resistance buyers need to reclaim. Above it, the 50-day EMA near $80,585 presents another obstacle, followed by the horizontal barrier at $85,000.A recovery above $77,814 would ease immediate selling pressure and improve the prospect of consolidation within the recent range. However, a more sustained rebound would require Bitcoin to overcome the higher resistance levels.For now, its position below the shorter moving averages keeps recovery attempts vulnerable.Bitcoin remains just above its 200-day EMA at $76,423, which provides the next significant technical support.Holding that average would preserve an important element of the broader upward structure despite the ongoing correction.A sustained break below it would weaken that structure and increase the risk of a deeper pullback.The reaction around $76,423 could therefore help determine whether Bitcoin stabilizes or extends its October decline.Bitcoin’s Relative Strength Index stands at 34, approaching the conventional oversold threshold of 30.BTC/USD Daily ChartThe reading indicates persistent selling pressure. Although stretched momentum can precede a corrective bounce, proximity to oversold territory does not establish that a reversal is underway.The Moving Average Convergence Divergence indicator also remains negative, reinforcing the cautious near-term outlook.With momentum still weak, buyers need to defend the 200-day EMA and reclaim the 100-day average to show that immediate downside pressure is easing.The post Bitcoin tests key support as BTC faces fourth weekly loss appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/jnlQAWC
Key takeawaysCardano (ADA) consolidates below $0.20 on Monday after losing 21% in October, with support holding around $0.1894.Large investors holding between 10 million and 100 million ADA have reduced their share of circulating supply from 38.03% to 37.45%.Technical indicators remain bearish, with a break below $0.1894 potentially exposing ADA to further declines toward $0.1712 and $0.1537.Cardano (ADA) is struggling to regain momentum on Monday, trading below $0.20 after a difficult October that wiped 21% off its value. The cryptocurrency has managed to hold above the $0.1894 support level, but declining whale holdings and weakening derivatives activity suggest that buyers are still reluctant to return.ADA has been relatively stable since Thursday’s nearly 8% selloff, although there is little evidence of a meaningful recovery taking shape.On-chain data from Santiment shows that large Cardano investors have reduced their holdings over the past month, while CoinGlass figures point to a noticeable decline in futures Open Interest.Interestingly, Cardano is attracting more attention on social media despite the subdued market activity. Whether that attention translates into renewed buying demand remains uncertain.Cardano whale holdings decline despite rising social interestCardano has seen a sharp increase in online attention following reports that neither ADA nor Midnight-related tokens were stolen during the recent Binance hack.According to Santiment, Cardano’s social dominance reached 2.49% on Monday, its highest reading since late June.Social dominance measures how frequently an asset is mentioned in cryptocurrency discussions relative to other digital assets. A rising reading generally indicates that more traders and investors are talking about the cryptocurrency.However, the increased attention has not translated into stronger buying activity among Cardano’s largest holders.Santiment data shows that wallets holding between 10 million and 100 million ADA now control approximately 37.45% of the circulating supply, down from 38.03% last month.The decline suggests that some large investors have been reducing their exposure rather than accumulating more tokens during the recent price weakness.Whale activity is closely watched because large holders can influence market liquidity and price movements, particularly when broader demand is already weak.Cardano’s supply in profit has also fallen sharply, dropping from 28.36% to 14.77%. This means a significantly smaller portion of the circulating supply is currently held at a profit, reflecting the impact of ADA’s recent decline. The metric alone, however, does not establish how much of the movement was caused by profit-taking.If large holders continue trimming their positions, Cardano could struggle to recover from October’s losses.The weakness in Cardano’s spot market is also evident in its derivatives activity. Data from CoinGlass shows that ADA futures Open Interest has declined to approximately $419 million, compared with $450 million last week.That represents a drop of roughly 11%, indicating that traders have been closing positions faster than new contracts are being opened.Open Interest measures the total number of outstanding futures contracts that have not been settled or closed.A decline in Open Interest often points to reduced market participation or a broader unwinding of leveraged positions.In Cardano’s case, the contraction comes alongside falling prices and declining whale holdings, suggesting that traders remain cautious about taking fresh positions.The combination of weakening derivatives activity and reduced accumulation by large holders leaves ADA without an obvious source of buying momentum.A sustained recovery in Open Interest, accompanied by stronger prices, could provide an early indication that traders are becoming more willing to take risks.Cardano price prediction: ADA faces bearish pressure below $0.20Cardano continues to trade below the psychological $0.20 level on Monday, with its daily chart showing…
TL;DRDogecoin trades near $0.075 on Monday after five consecutive weeks of declines.Wallets holding 10 million to 100 million DOGE have shed 120 million tokens since Thursday.The next major support sits near $0.068, while a recovery faces resistance from $0.079 to $0.090.Dogecoin (DOGE) is struggling to find its footing on Monday, trading around $0.075 after five straight weeks of losses. The meme coin has attracted some dip-buying from smaller whales, but larger holders are heading in the opposite direction, leaving the market without a clear signal that the selloff is over.The split in whale behavior comes as on-chain trading indicators remain weak and DOGE continues to trade below its major moving averages. With sellers still active, the $0.068 support level could soon come into focus.Large Dogecoin whales sell while smaller holders buy the dipSantiment’s Supply Distribution data shows that wallets holding between 10 million and 100 million DOGE have reduced their combined holdings by roughly 120 million tokens since Thursday. The selling suggests some of the largest holders are taking risk off the table as the price continues to slide.Not everyone is selling. Over the same period, wallets holding 100,000 to 1 million DOGE and those holding 1 million to 10 million DOGE accumulated a combined 100 million tokens. These smaller whale cohorts appear willing to buy at lower prices, even as the broader trend remains negative.The purchases have not fully offset the distribution by larger holders. If that selling continues, DOGE may struggle to build enough momentum for a sustained rebound.CryptoQuant’s market summary paints a similarly cautious picture. Both spot and futures markets show large whale orders, elevated trading activity described as heating conditions, and sell-side dominance.Taken together, those signals suggest traders are still more inclined to sell than to chase a recovery. They do not guarantee another decline, but they help explain why Dogecoin has struggled to attract sustained buying interest.Dogecoin stays below key moving averagesDOGE trades around $0.075 on Monday, below its 50-day Exponential Moving Average (EMA) at $0.082, 100-day EMA at $0.083, and 200-day EMA at $0.090. Those levels form a series of overhead barriers that buyers would need to reclaim before the technical outlook improves.A descending resistance trendline near $0.079 presents the first test. The Relative Strength Index (RSI) remains in the mid-30s, reflecting weak momentum without yet showing a decisive reversal. Meanwhile, the Moving Average Convergence Divergence (MACD) is hovering around zero with little directional strength.A move above the descending trendline at $0.079 would be an early sign that buyers are regaining ground. DOGE would then face the 50-day EMA at $0.082 and the 100-day EMA at $0.083, where sellers could return.Further resistance stands at $0.088 and the 200-day EMA at $0.090. Only a stronger recovery through those levels would bring the more distant $0.1027 barrier into view.DOGE/USD Daily ChartOn the downside, $0.068 is the next major support to watch. A daily close below that level would weaken the chart further and leave DOGE exposed to additional losses, although the supplied analysis does not identify a precise lower target.For now, the divergence between whale groups offers little comfort to bulls. Smaller holders are buying the dip, but larger wallets continue to distribute tokens, and the technical trend remains bearish. Whether DOGE can defend $0.068 may determine its next meaningful move.The post Dogecoin could dip lower as large whales sell 120m DOGE appeared first on CoinJournal.

via CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison https://ift.tt/V3ciWf6