Beiträge

Veröffentlicht am

Bitcoin holds above $80,800 as bulls target $85k ahead of NFP

Key takeaways

  • Bitcoin, Ethereum and XRP extended their weekly gains on Friday ahead of the U.S. Nonfarm Payrolls report.
  • BTC remains above its 50-day, 100-day and 200-day exponential moving averages.
  • Bitcoin faces resistance at $85,000, while the first major support zone lies between $69,696 and $72,539.

Bitcoin, Ethereum and XRP extended their weekly gains on Friday as traders awaited the U.S. Nonfarm Payrolls report for the market’s next directional catalyst.

Bitcoin traded above $80,800 after gaining more than 4% during the week. Ethereum also strengthened after breaking and closing above the important $2,500 resistance level.

XRP maintained a cautiously bullish near-term outlook after rebounding from a key support level earlier in the week.

US jobs report could drive crypto volatility

The U.S. Nonfarm Payrolls report could influence expectations for the Federal Reserve’s next monetary policy decision.

A stronger-than-expected employment report may reinforce expectations that interest rates will remain elevated or rise further, potentially weighing on cryptocurrencies and other risk assets.

Conversely, weaker employment data could reduce pressure on the Federal Reserve to maintain a hawkish position and provide additional support for Bitcoin, Ethereum and XRP.

Traders should therefore prepare for increased volatility as markets adjust their interest-rate expectations following the release.

Bitcoin maintains bullish structure above key EMAs

Bitcoin traded at approximately $80,856 on Friday and maintained a firmly bullish technical structure.

BTC remains comfortably above its major exponential moving averages:

  • The 50-day EMA at $71,126
  • The 100-day EMA at $69,696
  • The 200-day EMA at $72,539

The separation between Bitcoin’s current price and these moving averages indicates that the broader uptrend remains well supported.

However, the wide gap also leaves room for a correction if traders begin taking profits following the recent advance.

Bitcoin’s Relative Strength Index stands near 71 on the daily chart. An RSI reading above 70 typically indicates that an asset has entered overbought territory. This does not guarantee an immediate reversal, but it suggests that the rally may be becoming extended.

The Moving Average Convergence Divergence indicator remains in positive territory, signaling that bullish momentum continues.

However, momentum appears less aggressive than during the earlier stage of the rally, which suggests that buyers may be losing some strength as Bitcoin approaches resistance.

The horizontal resistance near $85,000 represents Bitcoin’s next major upside target. Fresh selling pressure could emerge around this level as traders take profits and previously sidelined sellers enter the market.

A decisive daily close above $85,000 would signal that buyers remain in control and could open the door to further gains.

Failure to clear the level may lead to consolidation or a short-term pullback as the market absorbs Bitcoin’s rapid advance.

BTC/USD 4H Chart

Bitcoin’s first major demand area is formed by its three key moving averages. The 200-day EMA at $72,539 provides the highest level of dynamic support, followed by the 50-day EMA at $71,126 and the 100-day EMA at $69,696.

This creates a broad support zone between approximately $69,700 and $72,500. If Bitcoin falls below all three averages, the next horizontal support levels sit at $66,500 and $62,300.

A breakdown beneath those deeper levels would significantly weaken the broader bullish structure. For now, Bitcoin remains firmly positioned above support as traders focus on a potential test of $85,000.

The post Bitcoin holds above $80,800 as bulls target $85k ahead of NFP appeared first on CoinJournal.

Veröffentlicht am

Flowra, KorDA explore gold-backed Solana validator infrastructure

  • Flowra and KorDA will explore gold-backed collateral for Solana validators.
  • KGLD could help secure SOL for a proposed validator delegation program.
  • The 12-month MOU remains subject to regulatory review and due diligence.

Flowra Ltd. and Korea Gold Exchange Digital Asset Co., Ltd. (KorDA) have signed a memorandum of understanding (MOU) to explore using gold-backed digital assets to support Solana validator infrastructure.

The partnership will examine whether KGLD, a gold-backed digital asset held or managed by KorDA or an authorized affiliate, could be used as collateral to secure SOL.

The companies said the SOL could then be delegated to Solana validators through Flowra’s infrastructure, potentially creating a link between tokenized gold and the operation of the Solana network.

The MOU, signed in Seoul, has an initial 12-month term.

During that period, the companies will evaluate the proposed structure, potential counterparties, and the requirements for launching a delegation program.

Gold-backed assets could support SOL

Under the proposed model, Flowra and KorDA would explore sourcing SOL from the Solana Foundation, exchanges, institutional investors, lending providers, and other large SOL holders.

The companies are also considering the Flowra-KorDA Delegation Program (FKDP), which would allocate sourced SOL to eligible Solana validators.

The proposed arrangement would use KGLD as collateral rather than having tokenized gold directly operate validator infrastructure.

The companies are examining whether gold-backed assets could help unlock capital for SOL, which could subsequently be delegated to validators.

The initiative reflects a potential use case for real-world assets beyond simply holding or trading tokenized assets onchain.

However, the companies have not said that the proposed structure has been launched or that KGLD is currently being used as collateral for SOL.

Any use of KGLD as collateral, as well as arrangements for sourcing or delegating SOL, remains subject to legal and regulatory review, due diligence, and separate definitive agreements.

Flowra and KorDA to split infrastructure roles

Flowra would provide the Solana infrastructure for the proposed initiative, including its Open Orderflow Auction (OOA), Programmable Block Policy (PBP) and Block Engine technology.

KorDA would oversee validator operations, including servers, monitoring and key management.

The two companies would also work on standards for selecting validators, allocating SOL and distributing revenue generated through staking rewards, block rewards and MEV tips.

The companies said any collateral used under the proposed structure would be segregated from Flowra’s assets.

It would be held through an eligible independent custodian, escrow arrangement or multisignature wallet.

Flowra would not custody the collateral.

The structure is therefore still at the evaluation stage, with the MOU providing a framework for the companies to assess how the proposed delegation model could operate and what counterparties and regulatory requirements would be needed.

Proposed program remains under evaluation

The potential partnership is centered on connecting a gold-backed digital asset with blockchain infrastructure.

Instead of tokenized gold being limited to onchain ownership or trading, Flowra and KorDA are exploring whether it could be used as collateral to help provide access to SOL for validator delegation.

The proposed FKDP would allocate sourced SOL to eligible validators, while Flowra and KorDA would establish the operational and revenue-distribution framework.

KorDA is affiliated with ITCEN Group and develops blockchain solutions focused on tokenization and blockchain use of precious metals, including gold-backed digital assets such as KGLD.

Flowra focuses on validator and order flow infrastructure for the Solana ecosystem, including delegation programs and MEV-related technologies.

The companies will use the initial 12-month MOU period to assess the proposed structure and determine whether the delegation program can move forward.

Any eventual implementation would require further agreements, due diligence, and regulatory review.

The post Flowra, KorDA explore gold-backed Solana validator infrastructure appeared first on CoinJournal.

Veröffentlicht am

Shiba Inu holds above key support as whale selling raises downside risk

Key takeaways

  • Shiba Inu trades near $0.00000516 after rebounding almost 4% earlier this week.
  • Whale wallets holding between 1 million and 100 million SHIB have sold a combined 40 billion tokens since August 22.
  • Smaller whales accumulated 990 million SHIB over the same period.
  • SHIB’s long-to-short ratio of 0.93 signals bearish positioning in the derivatives market.

Shiba Inu traded around $0.00000516 on Wednesday after recovering nearly 4% earlier in the week.

Despite the rebound, whale selling and weakening derivatives data suggest that traders remain cautious about the dog-themed memecoin’s short-term outlook.

SHIB continues to hold above its 50-day exponential moving average, but growing selling pressure could increase the risk of another decline.

Large SHIB whales reduce their holdings

Santiment’s Supply Distribution data signals a bearish shift among some of Shiba Inu’s largest holders.

Wallets containing between 1 million and 10 million SHIB and those holding between 10 million and 100 million tokens have collectively sold 40 billion SHIB since August 22.

The selling followed SHIB’s recent price recovery and may indicate that larger holders are taking profits rather than positioning for an immediate extension of the rally.

Sustained whale distribution could place additional supply on the market and make it more difficult for SHIB to maintain its upward momentum.

While larger wallets reduced their positions, smaller whales moved in the opposite direction.

Addresses holding between 100,000 and 1 million SHIB accumulated approximately 990 million tokens during the same period.

The contrasting behavior indicates a transfer of supply from larger holders to smaller participants. However, the amount accumulated by smaller whales remains substantially below the 40 billion SHIB sold by the larger groups.

This imbalance suggests that new demand may not be strong enough to fully absorb the tokens being distributed by bigger holders.

Shiba Inu’s derivatives market also points to cautious sentiment. CoinGlass data showed that SHIB’s long-to-short ratio stood at 0.93 on Wednesday. 

A reading below 1 means short positions outnumber long positions, indicating that more traders expect the token’s price to fall.

CryptoQuant’s data presents a similarly cautious picture. SHIB’s spot and futures markets are showing signs of heightened activity, while the futures market has recorded large whale orders following the recent price increase.

Other indicators remain neutral, leaving the broader outlook mixed rather than decisively bearish.

SHIB rebounds from the 50-day EMA

SHIB’s nearly 4% recovery followed a retest of its 50-day EMA near $0.00000489. This moving average is currently the token’s most important near-term support. Its ability to attract buyers during the recent decline suggests that demand remains present at lower levels.

If SHIB holds above this support and buying pressure increases, the recovery could extend toward the 200-day EMA at $0.00000569.

A breakout above the 200-day EMA would strengthen the bullish case and could encourage traders to target higher resistance levels.

Shiba Inu’s momentum indicators reflect uncertainty among traders. The Relative Strength Index stands at 54 on the daily chart and continues to rise. 

Its position above the neutral level of 50 indicates that bullish momentum is gradually improving.

However, the Moving Average Convergence Divergence indicator produced a bearish crossover on Sunday. Expanding red histogram bars also suggest that downward momentum remains active.

The disagreement between the RSI and MACD supports a cautious outlook as SHIB consolidates between its key moving averages.

SHIB/USD 4H Chart

If selling pressure increases, SHIB could fall back toward the 50-day EMA at $0.00000489.

A decisive daily close below this level would weaken the recovery and could expose the token to a deeper correction.

Conversely, continued support above the 50-day EMA could allow buyers to challenge the 200-day EMA at $0.00000569.

SHIB’s next significant move will likely depend on whether retail demand can absorb continued whale selling and reverse the bearish positioning visible in the derivatives market.

The post Shiba Inu holds above key support as whale selling raises downside risk appeared first on CoinJournal.

Veröffentlicht am

Bitcoin to Monero: a complete guide to private crypto swaps 

  • Monero uses ring signatures, stealth addresses, and confidential transactions to break that link.
  • Swapping Bitcoin to Monero is a routine operation that takes minutes.
  • When you convert BTC to Monero, you are moving from an asset that publishes your activity to one that does not.

Bitcoin and Monero solve different problems. Bitcoin is a transparent ledger where every transaction is permanently public. Monero conceals sender, receiver, and amount by default.

Moving value between them is a common operation, and this guide covers how it works, what it costs, and where the pitfalls are.

Understanding what changes when you swap

When you hold Bitcoin, anyone who knows one of your addresses can trace its full history: where the coins came from, where they went, and how much you hold.

That is not a flaw; it is how Bitcoin establishes consensus without a trusted third party. But it does mean your financial activity is public by default.

Monero uses ring signatures, stealth addresses, and confidential transactions to break that link.

Balances are not publicly readable, and an observer cannot pick out which participant in a transaction actually spent.

Monero’s own documentation describes this as plausible deniability rather than an absolute guarantee, which is the honest way to put it.

When you convert BTC to Monero, you are moving from an asset that publishes your activity to one that does not.

Custodial versus non-custodial routes

This distinction determines almost everything about the experience, so it is worth being precise about it.

A custodial exchange takes possession of your Bitcoin, credits an internal account, executes the trade on its own books, and lets you withdraw. During that window the exchange holds your funds.

This requires an account, identity verification, and trust that the venue stays solvent and operational. Many custodial venues have also stopped supporting Monero entirely.

A non-custodial swap does not hold a balance for you. You send Bitcoin to a one-time deposit address, the service routes the trade through its liquidity, and Monero is delivered to the address you specified.

There is no account, no stored balance, and no withdrawal step. Platforms such as GhostSwap operate on this model across roughly 1,600 assets.

The mechanics, in order

A non-custodial swap has five inputs and takes around eight minutes once your deposit confirms.

  • Select the pair: Bitcoin in, Monero out.
  • Choose a floating or fixed rate. Floating settles at market on arrival. Fixed locks the rate for a small premium and is worth it on larger amounts.
  • Enter the Monero address that will receive the funds.
  • Enter a refund address. If the swap cannot complete, this is where your Bitcoin returns automatically.
  • Send your Bitcoin to the deposit address and wait for confirmation.

The reverse works the same way if you later want to swap Monero back to Bitcoin, which is a common pattern for people who hold privacy assets and periodically rotate back into a more liquid asset.

Costs, and where they hide

There are two separate costs and conflating them is the usual mistake. The service fee is quoted upfront and is typically a small percentage of the trade.

Network fees are charged by the Bitcoin and Monero networks themselves and vary with congestion.

On small swaps during busy periods, network fees can exceed the service fee. Always read the total quote rather than the headline percentage.

Fixed-rate swaps carry a slightly worse rate than floating in exchange for certainty.

On a small trade that premium is usually not worth paying. On a large one, protecting against a move during confirmation usually is.

Practical cautions

Address accuracy is critical. Monero addresses are long, and blockchain transactions are irreversible. Copy and paste, then verify the first and last several characters.

Set the refund address every time. It costs nothing, and it is the difference between an automatic return and a support conversation.

Understand the compliance exception. Non-custodial services route through licensed liquidity providers who screen incoming deposits automatically. The vast majority of swaps complete with no verification of any kind.

However, a deposit flagged as connected to illicit activity can be held pending review, and that decision sits with the compliance process rather than the platform. This is uncommon, but any honest guide should mention it.

Summary

Swapping Bitcoin to Monero is a routine operation that takes minutes and does not require an account if you use a non-custodial route.

The things that actually matter are simple: verify the destination address, always set a refund address, read the total cost rather than the headline rate, and choose fixed pricing when the amount justifies it.

 

The post Bitcoin to Monero: a complete guide to private crypto swaps  appeared first on CoinJournal.

Veröffentlicht am

KuCoin upgrades institutional lending with unified trading account support

  • KuCoin adds UTA support to its institutional lending program.
  • New API clients face a lower 30-day volume requirement of 10M USDT.
  • Eligible institutions can borrow up to 3M USDT across key products.

KuCoin has upgraded its Institutional Interest-Free Lending Program by integrating support for its Unified Trading Account (UTA), as the crypto platform looks to streamline capital management for institutional clients.

The upgrade reduces the qualifying external 30-day trading-volume requirement for newly registered API clients from 30 million USDT to 10 million USDT.

Eligible clients can also access 0% interest for the first two months without a trading-volume requirement.

Under the upgraded program, eligible institutional clients can borrow up to 3 million USDT.

Borrowed funds can be used across Spot, Margin, and Futures trading, while borrowing is available in USDT, USDC, Bitcoin, and Ethereum.

KuCoin integrates lending with unified accounts

The integration is designed to reduce capital fragmentation between separate trading accounts.

KuCoin said institutions operating across multiple products and strategies can face higher costs and operational friction when capital is divided between accounts.

UTA provides eligible users with a single account structure for managing capital across supported trading products.

With institutional lending integrated into the framework, borrowed funds can be deployed across Spot, Margin and Futures without requiring transfers between separate trading accounts.

The setup is intended to bring financing closer to execution and allow professional trading teams to deploy collateral and capital more efficiently.

KuCoin said the upgraded infrastructure is focused on how institutions access, manage, and deploy digital assets across different trading strategies.

Lending program expands from targeted credit

KuCoin introduced targeted interest-free credit in 2024, initially offering eligible API traders and quantitative teams access to up to 500,000 USDT alongside benefits including fee support, enhanced connectivity, higher API limits and technical assistance.

In 2025, the borrowing limit increased to 3 million USDT.

The program also added support for multiple borrowing assets and allowed clients to combine funds from sub-accounts as margin across eligible products.

The 2026 upgrade represents the latest stage of the program’s development, moving beyond targeted credit support toward a more integrated institutional capital infrastructure, according to the company.

The latest changes also lower the entry requirement for newly registered API clients, potentially expanding access to the lending program.

KuCoin highlights capital efficiency for institutions

Alison Qin, Head of KuCoin Institutional & VIP, said professional market participants require flexible and capital-efficient access to liquidity.

She added that institutional lending infrastructure needs to combine financing at scale with tailored terms and competitive pricing to support sophisticated trading strategies.

Qin said integrating lending with UTA brings capital closer to the accounts and products used for those strategies, while helping clients maintain control over execution and risk.

The company said the upgrade forms part of its broader product development strategy, connecting financing, account infrastructure and execution for institutional users participating in the digital asset market.

Founded in 2017, KuCoin said it serves more than 45 million users across more than 200 countries and regions.

The platform provides access to more than 1,500 digital assets and said it has built a compliance framework that includes AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.

 

The post KuCoin upgrades institutional lending with unified trading account support appeared first on CoinJournal.