Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Nasdaq-listed Wellgistics Health adopts XRP Ledger for real-time payments

  • Wellgistics adopts XRP for real-time healthcare payments.

  • XRP to serve as treasury, collateral, and income tool.

  • $50M funding backs XRP strategy amid rising adoption.

Nasdaq-listed Wellgistics Health is taking a bold leap into blockchain-based finance by integrating Ripple’s XRP and the XRP Ledger (XRPL) into its core operations.

The healthcare technology firm is embracing the digital asset to streamline cross-border payments, manage its treasury more efficiently, and support future capital-raising initiatives.

This move, backed by a detailed SEC S-1 filing, marks a significant milestone in the evolving narrative of institutional adoption of crypto assets.

XRP to power faster, cheaper healthcare payments

Wellgistics Health’s decision to use XRP for payments comes as the company looks to modernise its financial infrastructure.

The firm plans to use the XRP Ledger to facilitate low-cost, real-time payments between its network of over 6,000 pharmacies, 150 manufacturers, and key vendor partners.

By bypassing traditional financial rails, Wellgistics hopes to enhance transaction speed and reduce costs.

The healthcare company believes that XRP’s architecture is better suited for the demands of modern business than outdated legacy systems.

CEO Brian Norton reinforced this view by stating that the future of healthcare lies in platforms with “the fastest rails, cleanest data, and most efficient infrastructure.”

XRP integration goes beyond payments

Earlier, in its SEC filing dated July 15, 2025, Wellgistics Health laid out a broad strategic blueprint for XRP.

The company intends to hold XRP as part of its treasury reserve, using it as a store of value and as collateral for debt or equity financing.

This signals a deeper commitment to crypto as a core financial tool rather than just a speculative investment.

Additionally, Wellgistics plans to generate passive income from its XRP holdings.

Although the filing does not detail the exact mechanisms, potential strategies include staking, lending, or other yield-bearing methods.

This multi-use approach — payments, reserves, collateral, and income generation —demonstrates how XRP can serve diverse corporate needs in a single framework.

To fund its XRP-focused initiatives, Wellgistics secured a $50 million equity line with LDA Capital, a private investment firm with experience in crypto-backed finance.

The flexible agreement allows the company to issue shares in exchange for capital as needed.

Proceeds from this financing will be used to purchase more XRP, scale its payment solution, and potentially support further innovation across its digital infrastructure.

Legal expert Bill Morgan described the move as a “revealing” example of XRP’s real-world utility.

According to Morgan, Wellgistics’ use of XRP goes far beyond simple investment — it’s about embedding digital assets into the company’s day-to-day operations.

XRP’s market momentum is fueling adoption

Wellgistics’ strategy emerges amid a broader wave of institutional confidence in XRP.

The token recently surged 126% before a 14% correction, signalling heightened market interest.

Moreover, regulatory progress has given XRP new credibility.

Ripple’s pursuit of a US national bank charter and its role in ISO 20022 development have positioned it as a bridge between traditional finance and the blockchain world.

High-profile XRP allocations by other Nasdaq firms, such as Trident and Webus, further validate Wellgistics’ decision.

Additionally, the launch of XRP-focused exchange-traded funds, including the ProShares Ultra XRP ETF and Canada’s 3iQ spot ETF, suggests that XRP is gaining traction not only among corporates but also among institutional investors.

The post Nasdaq-listed Wellgistics Health adopts XRP Ledger for real-time payments appeared first on CoinJournal.

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FARTCOIN price breakout imminent as critical technical setup forms

  • A whale sold 1.96M FARTCOIN at $1.39 amid a volume surge.
  • Cup & Handle pattern hints at a potential breakout.
  • $1.30 support is key; drop below may signal $1.18 next.

FARTCOIN recently fell from a local high of $1.69 to a low of $1.29, prompting concern among holders.

In addition, the recent price action has sent mixed signals to traders, but a major technical pattern is now taking shape that could redefine its short-term trajectory.

While bearish sentiment has crept into the market following a high-profile whale exit, the bullish setup suggests that an explosive breakout may be on the horizon.

At press time, FARTCOIN was trading around $1.36, recovering slightly after the recent dip.

Huge whale movement triggers panic

Much of the recent sell pressure has been driven by a strategic move from a major FARTCOIN holder.

According to on-chain data, a whale withdrew 1.96 million tokens from Kraken and quickly swapped them for $2.72 million in USDC. The sale was executed at $1.39 per token, just below the recent local high.

This precise exit strategy suggests the whale was looking to capitalise on FARTCOIN’s recent surge while liquidity remained high.

Importantly, this whale exit coincided with a 7.6% spike in trading volume, which hit $429.5 million within 24 hours.

This sudden liquidity rush provided the ideal environment for a large sell-off without causing extreme slippage.

While some traders see this move as a bearish signal, others believe it may simply be a repositioning rather than a permanent exit.

Bullish futures sentiment defies spot market fear

Despite the whale-led sell-off, derivatives traders remain optimistic.

Data from Santiment shows FARTCOIN’s funding rate has held positive at 0.005%, indicating sustained demand for long positions.

Similarly, the Long/Short Ratio stands at a strong 2.41, with approximately 70% of futures traders betting on price increases.

This divergence between futures optimism and spot market anxiety presents a unique dynamic.

While large holders are exiting positions, retail and speculative traders appear confident that FARTCOIN’s price has more room to climb.

If the bulls are correct, the memecoin may be gearing up for a strong rebound — provided it maintains critical support at $1.30.

Cup & Handle formation sparks breakout hopes

The most compelling bullish signal right now is the emergence of a classic Cup & Handle pattern on FARTCOIN’s chart.

FARTCOIN price analysis

This pattern, often seen before major upward moves, is still forming but remains structurally intact and the price has already broken above the upper level of the handle.

No strong bearish invalidation has occurred so far, and eyes are on a clean breakout above the neckline at $1.55, which has acted as a strong resistance zone for months.

If bulls manage to hold the $1.30 level and push through the upper resistance, the handle portion of the pattern could complete swiftly.

This move could set the stage for a rally toward $1.90 or even $2.10, especially if backed by rising volume and improving sentiment.

However, a breakdown below $1.30 would invalidate the pattern and potentially send the token down to $1.18, a previously identified demand zone.

The post FARTCOIN price breakout imminent as critical technical setup forms appeared first on CoinJournal.

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Hedera (HBAR) price bounces back after Robinhood listing

  • Hedera (HBAR) rebounds following Robinhood listing after recent price correction.
  • Key support levels hold as technical indicators remain favourable.
  • Testnet upgrade boosts confidence in Hedera’s long-term potential.

After a significant plunge over the past week, the price of Hedera (HBAR), the native cryptocurrency of Hedera Hashgraph, has today turned bullish following its listing on Robinhood.

The listing has sparked renewed interest from traders and investors, with market sentiment appearing to shift positively after days of consolidation and downward pressure.

HBAR rebounds after a steep correction

Earlier this month, HBAR reached a local peak near $0.29 before pulling back sharply by nearly 20%, bottoming out around $0.233.

The correction raised concerns among traders, especially with several consecutive red candles forming on the daily chart.

Despite the pullback, HBAR has managed to hold above critical support levels, most notably around $0.233.

This support has been tested multiple times, and its strength suggests that bulls are still defending key zones.

Notably, HBAR has remained above its 50-day and 200-day Simple Moving Averages (SMAs), signalling a strong underlying structure that remains intact despite short-term volatility.

Hedera (HBAR)

Today’s rebound comes as a welcome relief and is widely seen as a response to the Robinhood listing, which opens HBAR to a broader retail audience.

Market indicators suggest stability, not reversal

Technical indicators reveal a market that is cooling, but not collapsing. The Relative Strength Index (RSI), which had recently touched overbought territory, has now fallen back into a neutral range.

While this confirms waning upward momentum, it also suggests that the market is not yet oversold, leaving room for a potential continuation to the upside.

The Moving Average Convergence Divergence (MACD) indicator has also begun to show early signs of a bearish crossover.

However, analysts note that the divergence remains shallow, indicating that the recent correction could be more of a pause than a trend reversal.

These signs support the argument that HBAR’s medium-term bullish structure is still valid, especially as it trades above all major trendlines.

Hedera testnet upgrade boosts confidence

HBAR’s price bounce has coincided with other fundamental developments in the Hedera ecosystem.

On July 24, the Hedera network underwent a scheduled testnet upgrade to version 0.64. The upgrade, which was completed within 40 minutes, introduced improvements in performance and network stability.

Although the upgrade was on the testnet and not the mainnet, it demonstrated continued progress in Hedera’s technical roadmap, bolstering investor confidence.

The upgrade also underscores Hedera’s appeal to developers and enterprises.

With its unique hashgraph consensus mechanism, the network continues to distinguish itself from traditional blockchains by offering faster transaction speeds, better scalability, and enhanced efficiency.

These capabilities make it particularly attractive for real-world use cases, especially in enterprise and institutional settings.

Hedera price outlook: Can bulls hold the momentum?

As of press time, HBAR is trading near $0.248, reflecting a 2.9% gain in the past 24 hours.

While short-term volatility remains, the recent price movement suggests a potential recovery is underway. If the current bullish momentum holds, HBAR could revisit the $0.26 resistance level.

A clean break above that threshold may set the stage for another retest of the $0.30 region.

However, traders should be cautious, watching the $0.213 support level closely.

A breakdown below this key zone would mark a shift in short-term sentiment and potentially open the door to a deeper correction.

On the other hand, if bulls manage to maintain control above $0.22, the market may see renewed attempts to push higher in the coming weeks.

The post Hedera (HBAR) price bounces back after Robinhood listing appeared first on CoinJournal.

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TRX price forecast as Tron lists TRUMP and Tron Inc. goes public on Nasdaq

  • TRON Inc. has been publicly listed on Nasdaq, boosting TRX market visibility.
  • TRON has integrated the TRUMP memecoin with cross-chain LayerZero support.
  • TRX holds bullish momentum with $0.33 as the key short-term target.

The TRON ecosystem is experiencing a defining moment in its evolution as a blockchain platform.

Following the launch of the politically themed TRUMP token and the landmark public listing of Tron Inc. on the Nasdaq, investor attention has sharply turned toward TRX, the native token of the TRON network.

Notably, these events, alongside strong Q2 growth metrics, are reshaping short-term and long-term expectations for TRX’s price trajectory.

Tron Inc. goes public, drawing Wall Street’s attention

TRON founder Justin Sun rang the opening bell at the Nasdaq MarketSite in Times Square this July, marking the public debut of Tron Inc. (Nasdaq: TRON), a newly formed entity resulting from a reverse merger with SRM Entertainment.

Formerly a toy supplier to entertainment giants like Disney and Universal, SRM now maintains its original business while adding a crypto-focused strategy under the Tron Inc. banner.

Tron Inc. currently holds more than 365 million TRX tokens, making it the largest public holder of TRX. At press time, the holding was valued at approximately $115 million.

This level of exposure has significantly raised the profile of TRX in traditional financial markets despite shares of Tron Inc. closing at $8.74, down over 10%, hinting at market volatility amid the transition.

TRUMP token expands TRON’s political footprint

Adding further momentum to TRON’s ecosystem, the blockchain recently integrated the $TRUMP token, leveraging LayerZero’s Omnichain Fungible Token (OFT) standard and Stargate Finance’s cross-chain infrastructure.

This move allows $TRUMP to flow seamlessly across blockchains without needing bridges or wrapped tokens, offering a scalable, low-fee environment ideal for mass adoption.

TRON’s DAO views this integration not just as a listing but as a cultural step forward, signalling support for politically resonant digital assets.

Alongside the rising profile of MAGACOIN Finance, the addition of $TRUMP underscores TRON’s willingness to embrace community-driven tokens with real-world themes.

This trend could continue, further expanding TRON’s reach in the altcoin and DeFi space.

Strong Q2 numbers back the bullish case for TRON

TRON’s recent performance reinforces its bullish foundation. According to data from Messari, the network’s market cap surged by 17% to $26.5 billion in Q2, while revenue climbed over 20% to reach $915.9 million.

Stablecoins remain at the heart of this growth, especially USDT, which accounts for over 99% of TRON’s stablecoin volume.

TRON now facilitates over $21.3 billion in daily stablecoin transfers, a jump of 11.6% from the previous quarter.

Activity across the chain has also grown, with daily transactions rising 12.6% to 8.6 million and active addresses reaching 2.5 million.

The recent Stake 2.0 upgrade helped push the staking ratio to 47.1%, reinforcing long-term investor confidence.

Although DeFi metrics were mixed, with TVL dipping slightly to $4.6 billion, decentralised exchange volumes rose by 25%, led by SUN V3, indicating that traders remain active even as overall DeFi values fluctuate.

TRX price eyes higher targets amid the steady uptrend

Technically, TRX has maintained an upward trend since late June, bouncing off key support levels and forming consistent higher lows.

After reaching a recent high near $0.335, the token underwent a healthy correction but quickly found strong support around $0.3067.

This level, near the 100-period moving average and an established trendline, continues to hold firm.

The current price hovers around $0.3149, and short-term momentum suggests another upward push may be in play.

If TRX can maintain this bullish structure, analysts anticipate a return to the $0.33–$0.335 zone, which has acted as both a resistance and previous high.

Actually, some data analysts like CW believe the next target for $TRX is $0.38, which is the 1.618 Fibonacci.

Traders should closely watch the $0.3067–$0.31 range for any sign of weakness.

A breakdown could signal a deeper correction toward $0.29 as outlined by CoinLore.

However, as long as the price stays above trend support, the bulls remain in control, and this scenario is more likely given the increased exposure from Tron Inc.’s Nasdaq listing and TRON’s expanding utility.

The post TRX price forecast as Tron lists TRUMP and Tron Inc. goes public on Nasdaq appeared first on CoinJournal.

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Bitcoin drops to $115k as Galaxy Digital dumps 30,000 BTC

  • Bitcoin price fell 3% to below $115k, with intraday lows of $114,750.
  • Galaxy Digital has deposited over 30,000 BTC.
  • Lookonchain shared on-chain details indicating Galaxy sold over 10k on Binance, OKX and Bybit.

Bitcoin (BTC) fell sharply on Friday, touching lows near the $115,000 mark, as analysts pointed to a sell-off by a long-dormant Bitcoin whale.

Bitcoin, which recently hit an intraday high of $123,000, gave up gains to trade as low as $114,759 — down 3% over 24 hours.

The move marked its lowest level in two weeks, last seen on July 10, when BTC surged from $110,000.

Why did the Bitcoin price fall sharply today?

Bitcoin, which had recently consolidated in the $117,000–$118,000 range as altcoins outperformed, broke below key support levels to hit a multi-week low amid heavy selling pressure.

The decline follows on-chain activity suggesting that a long-dormant wallet, active for the first time in 14 years, moved 80,000 BTC to exchanges through Galaxy Digital.

Data indicates the holdings may have been offloaded in the past 24 hours.

“Note that Galaxy Digital has deposited over 10,000 $BTC ($1.18B) to exchanges in the past 8 hours! The 10,000+ $BTC comes from the Bitcoin OG holding 80,009 $BTC($9.68B),” Lookonchain posted on X.

Lookonchain then shared an update showing over 30k BTC sent to exchanges, including Binance, OKX and Bybit. Currently, Galaxy has transferred over 30k BTC to exchanges.

Also notably, Galaxy withdrew $1.15 billion USDT from exchanges after the BTC deposits.

Over $518 million liquidated

Per details on Coinglass, the BTC sell-off has erased over $518 million in leveraged positions within the last 24 hours.

Most of these are longs at over $380 million, with more than $135 million of it in bullish bets on BTC wiped out.

The whale’s activity is thus likely to have an impact, largely panic selling that could further push prices lower.

Liquidations mounting will see more longs taken out, with some like AguilaTrades already seeing millions in potential profits disappear.

What’s next for the Bitcoin price?

According to crypto analyst Captain Faibik, while bulls may yet retain the upper hand, a breakdown is likely.

The analyst points to a falling wedge pattern and says a daily close below $113k could confirm this negative outlook.

However, if BTC holds steady and moves toward $118k, a decline in selling pressure may allow buyers to retest key supply zone areas.

As the market reacts to the Bitcoin price drop, investors may want to position themselves amid buy-the-dip opportunities.

In this case, Bitcoin’s next move is very much a key factor.

The post Bitcoin drops to $115k as Galaxy Digital dumps 30,000 BTC appeared first on CoinJournal.