Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK

  • A savvy trader locks in over $2.5M on a Starknet long position opened three days ago.
  • He has rotated to HYPE with a 10x long worth roughly $2.98M.
  • Hyperliquid’s token could be poised for an upward move.

Smart money participants are celebrating profits despite the current broader bearish sentiments, which underpins Bitcoin around $95,000.

One trader is grabbing attention with his high-stakes leveraged bets.

According to on-chain tracker Lookonchain, the player has secured over $2.5 million in returns after a well-timed long on Starknet (STRK), executed three days ago.

Most interestingly, he has redirected attention to a new position, going long on Hyperliquid’s HYPE with a substantially higher leverage of 10x.

These back-to-back moves are coming as uncertainty engulfs the financial landscape, with most traders opting for wait-and-watch and caution.

Meanwhile, the latest trade has fueled optimism among HYPE holders, as it indicates confidence in the altcoin’s potential rally in the near term.

An STRK long that hit its target

Blockchain data shows the wallet opened a 5x long on 29.5M Starknet tokens, a position worth roughly $6.7 million, three days ago.

The player entered just as STRK began creating a short-term base.

The digital token has remained on the watchers’ radar lately due to ecosystem upgrades, a thriving staking marketplace, and uncertainty linked to overall market downsides.

While many hesitated as fear crippled the cryptocurrency sector, the smart trader joined before the short-lived rally started, riding a clean uptrend.

His profit surpassed $2.5 million as Starknet extends its recovery, now up 30% the past seven days.

STRK is trading at $0.2104 after losing 8% the past 24 hours amid broader weakness and profit-taking after the latest surge.

HYPE set to rebound after POPCAT scandal?

Hours after the STRK returns emerged in trackers, the trader entered a new position – a long on 77,598 HYPE, worth approximately $3 million, with a significantly higher 10x leverage.

The timing drew attention.

Hyperliquid has been among the most-watched DEXs the past week, following POPCAT’s manipulation, which saw the platform temporarily halt withdrawals.

HYPE endured substantial bearishness following the event, losing more than 10% of its value in the past week.

With the wallet’s transaction becoming some sort of sentiment indicator, enthusiasts trust HYPE is poised for a rebound as the exchange’s manipulation debates settle.

Committing almost $2.98 million to a 10x long underscores the conviction of short-term uptrends amidst broader market struggles.

HYPE remained relatively stable the past 24 hours, losing only 1.40% to trade at $38.41.

Technical indicators display neutral conditions as HYPE eyes the next move.

The Moving Average Convergence Divergence remained relatively flat with the signal line on the 1-hour chart.

Also, the Relative Strength Index at 48 suggests indecisiveness.

For now, market players are watching to see whether the smart whale turns into a reliable signal.

If his history rhymes, HYPE could be poised for a near-term rebound.

The post Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK appeared first on CoinJournal.

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BlackRock’s BUILD launches on BNB Chain as RWA momentum accelerates

  • The largest tokenized RWA has debuted on BNB Chain.
  • Investors can now access tokenized US dollar yields on a user-friendly platform.
  • Real-world assets top $36 billion after a 6% increase in the previous month.

BNB Chain has welcomed a new resident today as BlackRock’s USD Institutional Digital Liquidity Fund (BUILD) went live on the platform.

The strategic launch, powered by Securitize’s compliant tokenization platform and Wormhole, adds one of the most regulated digital assets to Binance’s thriving financial ecosystem.

The strategic move comes as real-world assets see massive traction, with their value up 6% the past month to surpass $36 billion.

BUILD’s debut reflects the convergence between blockchain and traditional finance.

BlackRock is a leading asset manager and is now bringing its trust, base, and compliance to BNB Chain, a platform known for accessibility, low fees, and high speed.

Commenting on today’s arrival, BNB Chain Head of Business Development Sarah Song said:

BNB Chain is designed for scalable, low-cost, and secure financial applications, and we’re excited to welcome BUILD to our ecosystem. BUILD is turning real-world assets into programmable financial instruments, enabling entirely new types of investment strategies on-chain.

Meanwhile, the development introduces a new share class on Binance’s ecosystem, offering eligible investors access to a tokenized US dollar yield in a blockchain setup.

BlackRock’s tokenized asset also secures new utility. Binance will now accept BUILD as collateral.

That allows professional traders and institutions to deploy cash smoothly without surrendering exposure to Treasuries-linked RWAs.

That use case underscores the broader shift in how on-chain systems integrate real-world assets.

These products are maturing from static representations to practical instruments that can function across DeFi and TradFi environments.

Leveraging Securitize’s compliant infrastructure

Securitize, a regulated tokenization firm boasting more than $4 billion in tokenized AUM (assets under management), is powering BlackRock’s expansion into BNB Chain.

Securitize handles everything from fund administration to digital transaction agency services.

That ensures that clients access enterprise-level RWAs within regulated frameworks.

At the same time, BUILD unlocks new use cases that were previously absent for real-world tokenized assets.

According to Securitize CEO Carlos Domingo:

Expanding BUILD to the BNB Chain and making it available as collateral on the Binance exchange further extends its accessibility and reinforces our mission to bring regulated real-world assets on-chain while unlocking new forms of utility that were previously out of reach.

RWA and stablecoin market thrive

BUILD’s launch on BNB Chain comes as on-chain real-world assets see impressive growth.

RWAxyz data shows the value of RWAs on public blockchains increased by 5.91% the past 30 days to $36.06 billion.

Furthermore, the number of holders surged 10.78% to 537,549, with asset issuers hitting 249.

Such figures reflect a flourishing ecosystem of enterprises tokenizing regulated real-world assets.

Stablecoins also steadied despite crypto market turmoil, with their value up 0.79% in a month to $299.76 billion.

Moreover, stablecoin holders increased by 3.39% in that timeframe to $202.89 million, indicating unwavering demand for digitized financial instruments that guarantee liquidity, compliance, and stability.

The post BlackRock’s BUILD launches on BNB Chain as RWA momentum accelerates appeared first on CoinJournal.

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Plume network crashes to new all-time low as crypto sell-off deepens

  • PLUME hit an all-time low of $0.035, which had the token down 85% from its March peak of $0.247.
  • Losses came amid sustained bearish pressure, with a 26% single-day crash erasing millions off its market cap.
  • Plume Network saw a total of over $440,000 in futures liquidations, most of it longs.
As markets bled, Plume Network’s price dropped sharply to hit an all-time low of $0.035 and rank among the top losers in the past 24 hours across crypto.

PLUME, the native token of the blockchain platform dedicated to bridging traditional finance with decentralized ecosystems, plummeted as Bitcoin flipped red.

BTC fell to a new multi-month low, erasing significant gains as bulls failed to defend levels all the way to $95,800.

Plume price drops to a new all-time low

The PLUME token traded at $0.0349 at the time of writing, having reached unprecedented new all-time lows amid a fresh crypto crash.

Initially, the altcoin surged on hype surrounding Plume’s full-stack RWA chain to hit $0.247 in March. But its price has declined steadily since, and accelerated to the latest low amid heightened selling pressure.

Plume Price
Plume Network chart by CoinGecko

In the past few months, whale addresses have sporadically dominated accumulation rounds.

However, retail panic has taken on the upper hand. Market data shows over $440,000 in 24-hour liquidations, seeing long positions dominating at over $392,000.

Per CoinGecko, Plume has recorded over $60 million in daily trading volume. That’s an 83% spike in the past 24 hours, which highlights the corresponding selling.

What’s next for PLUME price?

For Plume, a sustained break below $0.035 could invite further capitulation. Potentially, bears might fancy $0.03.

Notably, this dump arrives despite robust fundamentals. Plume’s SEC registration as a transfer agent in Q3 2025 has unlocked pathways for regulated tokenized securities and on-chain IPOs.

Furthermore, recent integrations, such as the acquisition of liquid staking protocol Dinero, bolster institutional appeal.

However, social sentiment has soured amid macroeconomic strains, including jitters around the Federal Reserve’s interest path.

Analysts say the odds of a rate cut in December have fallen, and reaction has largely been negative.

Despite the carnage, Plume’s long term outlook could mirror expected rebounds for the crypto sector. Nest Protocol’s recent relaunch, with 100 million PLUME allocation to stakers, has drawn significant interest.

This means recovery could hinge on bulls reclaiming $0.05 support.

A broader uptick in RWA adoption and overall bullish strength could allow for a potential rebound to $0.075 and likely $1.

Nonetheless,  the 26% dump could accelerate downside action if uncertainty further grips the market. That $0.03 mark is critical for bulls over the coming weeks.

Over the past week, the Plume price has plunged by nearly 30%. It’s down 64% in the past three months.

The post Plume network crashes to new all-time low as crypto sell-off deepens appeared first on CoinJournal.

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Chainlink crashes below $14 as Bitcoin slumps to $95K, altcoin market bleeds heavily

  • Chainlink price fell by double digits to below $14 on Friday, losses that came amid broader market turmoil.
  • LINK’s dump aligned with the sharp dip for Bitcoin to under $96,000.
  • Further losses could see Chainlink price plunge towards $10.

The cryptocurrency market is reeling under intense bearish pressure, with Chainlink (LINK) price plummeting below the $14 mark alongside huge dips for Bitcoin, Ethereum, and Solana.

Bitcoin’s drop below $96,000, with bears touching $95,860, fueled losses for ETH and SOL, which fell 10% each to new multi-month lows.

The selling pressure triggered a cascade effect, dragging other altcoins like Cardano and Chainlink into the red.

LINK is at risk of registering a deeper rout.

Chainlink dips below $15

Chainlink (LINK) price is among the top coins to suffer a dramatic fall as Bitcoin’s crash to a six-month low below $96,000 slammed sentiment hard.

LINK traded at $14.08 as of the early US market session on Friday, down 11% in the last 24 hours. According to CoinMarketCap data, the double-digit loss extends the altcoin’s plunge in recent days to 25% in the past month.

When considering the week’s cumulative decline, bulls are sharply down since hitting a recent high of $19.12.

The altcoin’s market cap now stands at $9.76 billion, while daily volume has spiked 43% to nearly $1.2 billion to highlight the intensified market activity.

Bitcoin plummets as bears crash bulls

As highlighted, Chainlink price fell sharply amid a bearish onslaught that intensified with BTC’s sudden dip.

While cryptocurrencies had dumped on Wednesday as investor concern around macroeconomic and geopolitical turbulence mounted, alts’ decline accelerated as fake news about Strategy selling BTC surfaced.

Posts that Michael Saylor was selling bitcoin appeared to relate to redistribution in wallets and not selling.

Analysts like Miles Deutscher were quick to point out the fake news, and onchain data analytics platform Lookonchain shared the details below.

However, as Bitcoin dumped amid the initial selling, Chainlink followed suit. 

The token’s price action mirrored the market’s fear sentiment, hitting lows last seen in April. Indeed, Chainlink’s plunge below $14 allowed bears to revisit lows of $13.90.

The alt may be hovering around the $14 mark as bulls eye a rebound, but losses threaten increased bleeding towards the all-important $10 mark.

Despite the dip, Chainlink price remains bullish long term, with factors such as macroeconomic tailwinds, regulatory shifts and partnerships key catalysts.

There is also the buzz around spot exchange-traded funds, which are gathering release pace with a spot XRP ETF launching in the US this week.

LINK could also benefit from the Chainlink Reserve initiative, which added over 74,049 LINK tokens this week to bring the total haul to over 803,387 LINK.

The post Chainlink crashes below $14 as Bitcoin slumps to $95K, altcoin market bleeds heavily appeared first on CoinJournal.

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TEL price soars after Telcoin received final charter approval in Nebraska

  • Telcoin has gained Nebraska approval for the first US digital asset bank.
  • Telcoin’s TEL token surged over 95% following the approval.
  • The bank aims to bridge traditional finance with blockchain and DeFi access.

Telcoin (TEL) price has skyrocketed following a landmark regulatory breakthrough that positions the project at the forefront of the emerging US digital asset banking sector.

The cryptocurrency, which had already been gaining attention for its remittance-focused infrastructure, experienced a surge of more than 95% after Nebraska regulators granted the company final approval to operate as the first Digital Asset Depository Institution in the United States.

The approval has created a wave of optimism among investors, signalling a new era where compliant blockchain banking and traditional finance converge.

Telcoin’s historic charter approval

The regulatory approval allows Telcoin to operate as a fully chartered US digital asset bank.

This gives the company the authority to issue eUSD, the first bank-issued, on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries.

CEO Paul Neuner described the charter as a historic moment, emphasising that it enables the creation of “Digital Cash” for everyday use and connects traditional banking to blockchain-based financial services.

By bridging crypto and traditional finance, Telcoin is now positioned to reduce regulatory risks while accelerating adoption of its remittance-focused network.

The charter also opens the door for Telcoin to offer retail and commercial depository services, accept crypto deposits, and provide crypto-backed loans.

The bank will leverage Federal Reserve payment rails, which enhances liquidity and trust for institutional and retail clients alike.

Regulatory clarity has been a persistent barrier in the cryptocurrency space, and this approval sets Telcoin apart from other blockchain companies that operate without a depository trust charter.

Nebraska’s decision demonstrates that compliant blockchain banking is achievable, offering a model that other states may follow.

Telcoin (TEL) price reaction

The market responded immediately with the Telcoin (TEL) price jumping from a low of $0.00284 to highs near $0.00689 within hours, before settling around $0.006 across major exchanges.

Trading volumes also soared to approximately $1.74 million during this period, making Telcoin the top performer among the top 200 cryptocurrencies by market capitalisation.

The cryptocurrency’s market value now stands at roughly $610 million, reflecting investor confidence in the project’s long-term prospects and its regulatory-backed utility.

Technical indicators have reinforced the bullish sentiment, seeing that TEL has broken above the $0.0042 resistance level and has sustained momentum above the 200-day moving average, driven by short-covering and FOMO buying.

Although the RSI has entered overbought territory, signalling strong upward pressure, the MACD confirms the breakout’s momentum.

Telcoin price analysis
Telcoin price chart | Source: CoinMarketCap

Eyes are now on the $0.0067 level, which corresponds to a key Fibonacci extension, as a potential confirmation of a macro trend reversal.

Telcoin’s growing influence in US banking

Telcoin’s strategic vision now includes not only issuing the eUSD stablecoin but also enabling the remaining 95% of US banks to integrate blockchain-based financial services.

The Nebraska Financial Innovation Act of 2021 laid the groundwork for this development, while the recent GENIUS Act approval provides federal guidance for stablecoins and digital assets.

By creating a compliant bridge between fiat banking and decentralised finance, Telcoin aims to offer practical solutions for both consumers and financial institutions, further distinguishing the TEL cryptocurrency as a utility-driven asset rather than a speculative token.

By securing regulatory approval, Telcoin strengthens its position as a leading player in this niche, attracting investors who value legal certainty and real-world application.

The post TEL price soars after Telcoin received final charter approval in Nebraska appeared first on CoinJournal.