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CoinJournal

Keep your finger on the pulse of the fast-moving cryptocurrency sector with all the latest crypto news, analysis and reviews from CoinJournal

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Cardano slides near $0.20 as bearish derivatives weigh on ADA

Key takeaways Cardano trades near $0.201 on Monday, extending its decline after three consecutive losing weeks. Funding has turned negative at -0.0032%, reinforcing the bearish derivatives picture. ADA faces initial resistance at $0.213, while weak momentum leaves recovery attempts vulnerable.…

Analysis

Bitcoin holds near $81,800 as BTC defends key support

Key takeaways BTC 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…

Bitcoin

DefiLlama report: nearly 90% of FXRP supply is locked in DeFi

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,…

Financial Technology

NEAR slips below $5 despite $5.42m ETF inflow

Key takeaways NEAR fell 7% on Tuesday to around $4.70, extending Monday’s decline. Bitwise’s NEAR ETF attracted $5.42 million on Monday after three consecutive weeks of inflows. Resistance near $5.02 must be reclaimed to strengthen the recovery outlook. NEAR retreats…

Analysis

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