Kategorie: Crypto News

• AXS jumps over 15% after bouncing off $1.20 support amid rising trading activity.
• bAXS rollout and higher volume fuel rally, but broader market sentiment stays weak.
• Failure above $1.60 may signal a dead cat bounce, with downside risk toward $0.80.

Gaming token Axie Infinity is up by more than 15% in the past 24 hours as bulls show a notable bounce off the $1.20 support level.

The AXS price ticked up amid heightened trader activity, with the intraday surge pushing the cryptocurrency towards the top 100 by market capitalization.

However, with sentiment across the market still fragile, the big question is whether the upward move signals renewed bullish momentum or merely a fleeting “dead cat bounce”.

Why is Axie Infinity price up today?

AXS is among the top altcoin gainers with double-digit advances on February 9, 2026, posting gains that outpace all top 10 coins by market cap.

This outperformance coincides with Bitcoin’s steady hold above $70,000, bolstered by fresh institutional buying such as Binance’s acquisition of 4,225 BTC as it looks to convert its $1 billion SAFU Fund into BTC.

While the buying, much like Strategy’s (formerly known as MicoStrategy) BTC purchase over the past weeks, has not triggered bulls, stability has benefited small altcoins.

Notably, trader interest in AXS has also spiked following recent announcements from Sky Mavis, the developer behind Axie Infinity, regarding the rollout of bAXS.

The token offers in-ecosystem utility as well as staking and gameplay rewards, and bulls have shown excitement since the news.

What is bAXS and what can you do with it?

bAXS will do the same things as AXS: Use it to ascend, evolve, and breed axies.

Spend it in-game, forge new items on App.axie, and more.

Over time, we’ll also distribute most rewards in bAXS.

The difference between both tokens is… pic.twitter.com/X8kcpNTlGf

— Axie Infinity (@AxieInfinity) February 5, 2026

Axie Infinity price outlook: Momentum or dead cat bounce?

AXS recently surged to highs near $3 earlier in the year, before plummeting sharply amid last week’s market bloodbath.

The intraday gains of over 15% has therefore emboldened bulls, who targeted strength above $1.50.

Accompanied by a 250% spike in trading volume, AXS rose to above $1.56 as of writing.

The 4-hour chart shows a potential falling wedge breakout, with the RSI and MACD signaling room for more gains.

However, the broader crypto market remains mired in bearish sentiment.

Weakness, despite the impending bAXS airdrop, also saw bears retest the downtrend line from above $4.54.

Losses may mean fleeting gains or what analysts call a “dead cat bounce” scenario.

The outlook of the RSI on the 4-hour chart suggests fresh selling may strengthen this prospect.

In this case, a breakdown below the pivotal $1.20 support could accelerate downside momentum, potentially driving AXS toward lows of $0.80.

Prior accumulation zones sit here and might offer relief.

On the downside, a decisive close above $1.60 could invalidate the short-term bearish setup and allow buyers to test horizontal resistance near $3.00.

The post Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains appeared first on CoinJournal.

• Hedera and Stellar prices are up by 15% and 10% respectively as altcoin surge.
• HBAR and XLM eye key levels, helped by Bitcoin’s swift rebound to $70,000.
• Analysts warn that prices may yet dip after the latest relief rally.

HBAR and XLM are up double digits as cryptocurrencies look for a swift rebound following Thursday’s steep crash that saw over $2.6 billion in leveraged positions wiped out.

The altcoins are up as Bitcoin, which crashed to $60,000 amid the bloodbath, leads the recovery with a rebound to above $70,000.

Gains for Hedera and Stellar mirror the sharp upticks for XRP, Flare, VeChain, and Kaspa. Ethereum, which dipped to near $1,700 on Thursday, was testing the resistance at $2,000.

HBAR and XLM price gains

Hedera’s token dropped to lows of $0.073 as top coins crashed late Thursday, but currently hovers above $0.093 as buyers eye the $0.10 mark given up this week.

An uptick of over 15% in the past 24 hours amid a 65% surge in trading volume (to over $420 million) signals the strong buying that follows the latest dip.

Bulls will eye year-to-date highs of $0.13, likely if market sentiment improves further.

Stellar, which has tracked gains by XRP in the past, also jumped on Friday.

The altcoin was up 10% at the time of writing, slightly off the mark seen with a 13% uptick during early US trading hours.

XRP’s 18% spike as prices touched $1.52 following a dump to $1.13 pulled the closely related XLM higher.

CoinMarketCap data showed Stellar traded around $0.17, sharply up from the lows of $0.13 reached earlier in the day.

XLM was inching higher on increased volume, which details indicate stood at a 24-hour high of $426 million. Stellar bulls had helped push the daily volume up by more than 56% over this period.

While sentiment remains well within the extreme fear territory, analysts say a break to $0.20 could allow for fresh bullish momentum.

Bitcoin tops $70,000 as cryptocurrencies rebound

Bitcoin (BTC) is spearheading the crypto sector’s latest quest for a swift turnaround following a sharp crash.

The huge leverage unwinding saw BTC fall to $60,000, with a $10,000 drop in 24 hours marking the biggest one-day rout since bears annihilated bulls during the FTX crash in 2022.

Gains have come as open interest expands, with shorts covering positions and fueling the climb to the critical $70,000 support level. Daily RSI also shows a bullish divergence.

CoinShares says record ETP volumes, pause in whale selling, and BTC price moving below miners’ production costs are factors that have historically marked fresh accumulation “rather than the start of a new leg lower.”

However, crypto analyst Rekt Capital says bulls may yet have to take on bears.

The analyst shared his BTC price forecast as the cryptocurrency market bounced from Thursday’s crash.

According to Rekt Capital, a potential bearish acceleration is likely after another relief rally, with this based on Bitcoin’s historical chart patterns.

“History suggests there’s more downside to come,” he shared on X.

Bitcoin traded around $71,190 at the time of writing.

The post HBAR surges 15% and XLM gains 10% as Bitcoin reclaims $70K appeared first on CoinJournal.

• ai.com lets users create a personal AI agent in about 60 seconds, with no coding required.
• Agents can execute tasks across apps and build new capabilities when needed.
• Improvements are shared across the network, boosting overall agent performance.

The race to move artificial intelligence from conversation to execution is accelerating.

ai.com, a new consumer AI platform founded by crypto executive Kris Marszalek, is entering the market with autonomous AI agents designed to act on users’ behalf, not just answer prompts.

The company says its agents can organize work, execute tasks across apps and even build missing tools themselves, a step that could push AI deeper into everyday digital life.

From crypto scale to consumer AI ambition

ai.com is led by Kris Marszalek, best known as co-founder and CEO of Crypto.com, one of the world’s largest consumer crypto platforms.

Marszalek will continue to lead both companies, positioning ai.com as a mass-market AI play rather than a niche developer tool.

The platform allows users to generate a personal AI agent in about 60 seconds, with no coding or technical setup.

Unlike standard chatbots, these agents are designed to carry out actions like sending messages, managing calendars, automating workflows or building simple projects.

ai.com says agents can even create new capabilities on their own if a task requires functionality that does not yet exist.

Those improvements, once validated, are shared across the wider agent network. In theory, that creates a flywheel effect: the more agents are used, the more capable all agents become.

Marszalek has framed this as a decentralized system that could speed progress toward artificial general intelligence, or AGI: AI systems that can perform a wide range of tasks at a human-like level.

“We are at a fundamental shift in AI’s evolution as we rapidly move beyond basic chats to AI agents actually getting things done for humans,” said Kris Marszalek, Founder and CEO of ai.com.

Our vision is a decentralized network of billions of agents who self-improve and share these improvements with each other, vastly and rapidly expanding agentic capabilities and accelerating the advent of AGI.

ai.com will officially launch its agent product on February 8, 2026, with a high-profile advertising debut during Super Bowl LX on NBC.

Autonomy meets privacy and regulation

While the promise is bold, autonomous agents raise immediate questions around safety, privacy and accountability.

ai.com says each agent operates in a secure, isolated environment where user data is encrypted with individual keys and actions are limited strictly by user permissions.

That architecture will be tested quickly if agents are allowed to trade stocks, handle payments or interact with third-party platforms.

Financial regulators, in particular, are likely to scrutinize how responsibility is assigned when an AI agent makes a mistake or executes a harmful action.

The company says users will retain full control, with all actions permission-based. Still, the real challenge will be proving that consumer-grade autonomy can scale without introducing new risks.

ai.com is free to start, with paid subscription tiers offering more advanced capabilities.

Additional features under exploration include financial integrations, agent marketplaces and social networks connecting humans, agents and agencies.

For now, ai.com’s launch signals a shift in the consumer AI narrative, away from asking questions and toward getting things done.

The post ai.com launches autonomous AI agents that act for users, not just chat appeared first on CoinJournal.

• Ethereum price is trading inside a huge channel on the monthly chart.
• Bitcoin’s crash to $60,000  dragged ETH to its intraday lows.
• After falling to lows of $1,748, ETH risks another leg down.

Ethereum’s price hovers above $1,960 as of writing on February 6, 2026.

This follows a sharp downturn in the past 24 hours, with the top altcoin crashing to lows of $1,700 amid broader market turbulence.

Bitcoin’s crash to $60,000, before rebounding to $67,000, dragged ETH to its intraday lows.

All the top altcoins, including Solana, BNB and XRP, fell sharply amid the bloodbath.

Ethereum price recap

Ethereum fell below $1,800 on Thursday, marking its weakest level since mid-2025 as heavy selling pressure intensified.

The decline followed a sharp drop in Bitcoin to around $60,000, which sent shockwaves through the broader crypto market.

Although prices have since recovered above $1,900, continued ETF outflows and a prevailing risk-off environment suggest bullish momentum remains fragile.

Ethereum is down more than 29% over the past week and about 40% over the past month, underscoring the depth of the recent sell-off.

ETH price prediction: could bears target $1,000 next?

Although bulls are targeting a move back above $2,000, the monthly chart points to a fragile price structure.

The chart paints a massive range with $4,900 forming the top established during the past bear cycle.

At the lower end, the parallel channel suggests potential downside toward the $1,000–$1,200 zone.

At present, the $1,800–$1,900 area aligns with support levels seen in April and May 2025, which were tested after ETH retraced from highs of around $4,100 in December 2024.

This overlap reinforces the zone’s importance in determining near-term price direction.

Analysts see this as a critical support zone, but if sellers breach it, it could give way to a downturn to levels untested since Ethereum’s 2022 bear market bottom.

As such, bulls must eye a notable bounce above $2,000. If this happens, the next targets lie in the $2,250-$2,700 range.

However, a breakdown below $1,800 risks testing $1,700 again.

This week’s breakdown aligns with a similar breakdown in March-April 2025, which put prices beneath a key uptrend line formed since the bullish flip in April 2020 after the COVID crash.

With bears having touched the mark already amid current bearish conditions, the picture isn’t in favour of bulls.

A revisit could open up a path to the multi-year demand reload zone around $1,250-$1,000. This area represents untapped liquidity from the 2022 lows.

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