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Cardano (ADA) price dips below $0.27 as Hoskinson calls CLARITY act a ‘horrific’ bill

  • Cardano (ADA) dips below $0.27 amid whale selling and bearish market sentiment.
  • Hoskinson slams CLARITY Act as harmful to crypto innovation.
  • ADA eyes $0.28 support and $0.30 resistance levels.

Cardano (ADA) has seen its price dip below the $0.27 mark, continuing a recent streak of selling pressure.

The cryptocurrency is currently trading around $0.2646, down nearly 3% over the past 24 hours.

Bitcoin-denominated value has also decreased, reflecting broader market weakness.

Notably, this decline comes as ADA battles multiple resistance levels while trying to hold its long-term support near $0.28.

Charles Hoskinson’s statement about the CLARITY Act

Adding to market uncertainty, Charles Hoskinson, founder of Cardano, has publicly criticised the CLARITY Act.

While some executives see regulatory clarity as a positive step, Hoskinson’s stance highlights concerns that the CLARITY Act may inadvertently hinder growth and limit competition within the American crypto market.

Hoskinson called the proposed legislation “horrific” and warned it could stifle innovation in the cryptocurrency space.

Hoskinson argues that the bill would categorise most digital assets as securities by default.

He believes this framework could give regulators excessive power and place unnecessary burdens on future crypto projects.

According to him, while established networks may be grandfathered in, new developers could be forced to operate abroad to avoid restrictive US rules.

On-chain shows whales offloading ADA holdings

On-chain data from Santiment confirms that whale activity has also been a significant factor in ADA’s recent price movements.

Both mid-tier and large holders have reduced their exposure, creating a supply surge that the market has struggled to absorb.

At the same time, futures markets indicate negative funding rates, showing that bearish sentiment dominates derivatives trading.

Retail investors attempting to buy the dip have been unable to counterbalance these outsized moves.

Cardano Price Outlook

For traders and investors, several levels are crucial to watch.

The immediate resistance lies near $0.29 to $0.30, reinforced by descending trendlines and moving averages.

Breaking above this zone could open the door for a short-term recovery.

On the downside, Cardano’s historical price context shows that the $0.28 region is a critical support zone.

This level has repeatedly acted as a floor in past downtrends, making it a key point to monitor.

Failure to hold $0.28 would expose the next support around $0.25, with deeper levels near $0.24 if selling continues.

A break below these points could signal a continuation of the downtrend and test historical lows around $0.21 to $0.18.

The post Cardano (ADA) price dips below $0.27 as Hoskinson calls CLARITY act a ‘horrific’ bill appeared first on CoinJournal.

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OKB token still under pressure even as OKX introduces AI toolkit for developers

  • OKX’s AI toolkit launch has not lifted market sentiment.
  • OKB token price remains range-bound with neutral momentum.
  • The key OKB price levels are the support at $72 and the resistance at $82.

OKB token remains under pressure despite OKX crypto exchange unveiling an upgrade to its OnchainOS infrastructure that introduces an AI toolkit built for developers.

The new system is designed to help autonomous agents interact directly with blockchain networks.

This will allow developers to plug AI models into wallet functions, trading routes, and market data feeds without building everything from scratch.

While the move aims at making OKX the backend layer for AI-driven crypto execution, the excitement around the product has not translated into a clear recovery for its native token, OKB.

At press time, the OKB token was trading at around $75.88, after a modest 24-hour decline of 0.3%.

Even though the altcoin remains far above its early-cycle lows, it has fallen more than 60% over the past year and its all-time high of $255.50, reached in August 2025, still looms large above the current price.

Technical analysis shows OKB in consolidation

From a technical standpoint, OKB is trading in a narrow range, although it appears to closely mirror Bitcoin’s price movements, which means broader market sentiment remains a critical factor.

Recent OKB price movements show that the cryptocurrency is consolidating rather than trending.

The Relative Strength Index (RSI), though having bounced from an oversold condition, is still sitting close to the oversold region at 39.74 at press time.

OKB is trading in a narrow range
OKB token price chart | Source: TradingView

In case of a bullish breakout, the immediate resistance sits near the 7-day simple moving average at $76.657.

On the downside, the 61.8% Fibonacci retracement level at $73.31 has served as key support, with a second support zone near $72.62 based on recent price action.

These two levels create a support band that traders should closely watch if the market breaks down from the current consolidation.

If that support band fails, historical data points to $68.05 as the next area where buyers previously stepped in.

OKB token price prediction

While the AI toolkit gives OKX a compelling long-term story, OKB’s price action suggests traders want proof of impact before bidding the token higher.

The near-term price outlook for OKB remains neutral unless a decisive breakout occurs.

A strong move above $76.77, supported by higher trading volume, would be the first signal of short-term strength.

If buyers push the price above the $82.47 resistance, momentum could expand.

Historically, sustained trading above $82.47 has paved the way for $93.50, according to CoinLore.

Beyond that level, the next resistance to monitor would be $104.84.

But if bears outweigh bulls, a drop below $73.31 and $72.62 would weaken the current structure.

Such a move would likely expose the token to a retest of $68.05.

The post OKB token still under pressure even as OKX introduces AI toolkit for developers appeared first on CoinJournal.

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Mantle hits $1B market size milestone on Aave: will MNT price explode next?

  • Mantle has crossed the $1 billion total market size threshold on Aave.
  • If inflows persist, bulls could target resistance in the $0.85-$0.92 range.
  • MNT can rally toward the bulls’ key target of $1.

Mantle, a layer-2 blockchain network connecting traditional finance and on-chain liquidity, has surpassed $1 billion in total lending and borrowing volume on the Aave protocol.

The milestone coincides with a sharp rise in Mantle’s total value locked (TVL) in decentralized finance, despite the crypto market’s bearish outlook.

Can the lending and TVL milestones bolster the price of the native token MNT?

Mantle hits $1B lending milestone on Aave

The Mantle-Aave lending market rocketed past the $1 billion mark following a blockbuster launch that injected $800 million in just one day last week.

According to details, the staggering jump in market size, achieved in under three weeks, saw a new uptick as a dynamic weekend brought more than $200 million in organic capital inflows.

Beyond these gains, the Aave integration has ignited broader ecosystem momentum.

Notably, Mantle’s DeFi TVL has jumped from around $455 million to over $755 million, a 66% increase in just one week.

Emily Bao, a key advisor for Mantle, emphasized the achievement:

“Crossing $1 billion in total market size in under three weeks is a clear signal and not just of what Mantle and Aave have built together, but of where institutional and retail DeFi is heading. Mantle was built to be the distribution layer where real-world finance flows, and these milestones are proof that the ecosystem is delivering on that vision. The MoMNTum is real, and we’ve barely even started.”

What could these network milestones mean for MNT? Market experts say the integration of Mantle on Aave is critical to users seeking opportunities and incentives across DeFi.

As such, the surge highlights Mantle’s growing appeal as a scalable and efficient platform for DeFi activities.

MNT price could eye gains as the ecosystem expands and attracts inflows.

Mantle price forecast: can bulls target $1?

MNT’s price has hovered around $0.65-$0.70 over the past month, with current prices well below the all-time high of $2.85 in October 2025.

While buyers have shown resilience, early signs of recovery have faded amid a broader market downturn.

However, the $1 billion milestone could act as a powerful catalyst for MNT, potentially drawing more liquidity and boosting token utility.

The TVL surge also highlights increased value bet on Mantle growth.

Mantle Price Chart
Mantle price chart by TradingView

If bulls hold current levels, a fresh bounce could bring the supply zone around $0.85 and $0.92 into play.

The $1 level is a key bullish target.

However, technical indicators suggest sellers may continue to exert downside pressure in the coming days and weeks.

Mantle token trading below key moving averages and being neutral-to-sell leaning oscillators support this outlook.

RSI is at 42, and suggests seller conviction, while the price also hovers below the parabolic SAR.

If the downside proves to be the path of least resistance, the next support levels could be $0.57 and Feb. 6 lows at $0.52.

The post Mantle hits $1B market size milestone on Aave: will MNT price explode next? appeared first on CoinJournal.

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Bitcoin price drops below $66k as Iran conflict escalates: Here’s what to expect

  • Bitcoin drops below $66K as Middle East tensions spark volatility.
  • $6.39 billion ETF outflows show weakening institutional crypto demand.
  • BTC swings between $63K–$65K; traders watch support and rate policy.

Bitcoin (BTC) has slipped below the $66,000 mark as global markets react to escalating tensions in the Middle East.

The rising conflict between Iran, the US, and Israel has prompted a wave of uncertainty that is affecting risk assets, including cryptocurrencies.

Bitcoin, in particular, is showing sharp intraday swings in response to news developments.

Early trading saw BTC fall as low as $63,000 before it recovered to above $65,000.

This volatility reflects a mix of geopolitical fear and active liquidations in the derivatives market, with more than $130 million in long positions being forced to close and amplifying the downward pressure on the cryptocurrency.

The US, Israel, Iran war has sent shockwaves across markets

The current situation in the Middle East has made investors jittery.

Traditionally, Bitcoin has sometimes been viewed as a hedge during global crises, but recent behaviour shows it acting more like a risk asset.

Notably, Bitcoin’s price has been moving in close correlation with equities, particularly major stock indices, rather than holding steady in turbulent times.

Gold and oil, however, have seen upward movements, with oil prices surging amid anticipation of supply disruptions.

The price of Gold has also climbed modestly, reflecting its traditional safe-haven status.

These shifts indicate that money is flowing away from riskier assets like Bitcoin and toward instruments perceived as more stable during geopolitical stress.

Long-term BTC holders, however, are showing resilience.

After the initial sell-off, many investors took the opportunity to buy at lower levels, which contributed to a partial recovery.

This has prevented Bitcoin from falling as sharply as some other risk assets, demonstrating that there is still significant support at levels around $65,000.

Institutional demand weakens

US-listed spot bitcoin and ether exchange-traded funds have recorded sustained outflows over the past four months, pointing to a sharp cooling in institutional participation in digital assets.

Investors withdrew $6.39 billion from bitcoin ETFs during the period, the longest continuous monthly decline since the products launched in January 2024, according to SoSoValue data.

Ether ETFs also saw $2.76 billion in outflows.

The retreat coincided with a steep fall in token prices, with bitcoin dropping from above $126,000 in early October, while ether has fallen more than 60% from its August highs near $4,950.

Spot ETFs had previously served as a visible channel for institutional inflows after their debut and following pro-crypto political developments in 2024.

However, demand weakened after the October market downturn, reportedly linked to pricing inefficiencies on offshore exchange Binance.

Although recent sessions have seen intermittent inflows, analysts say a consistent return of capital is required for a durable recovery.

What this means for Bitcoin going forward

Traders should expect more volatility in the short term since Bitcoin is sensitive to headlines, and any further escalation in the Middle East could trigger additional sharp movements.

Traders should keep a close eye on the technical support level near $63,000, while resistance around $68,000 to $70,000 remains a key target for recovery.

Also, besides the Middle East war, monetary policy may also play a role in the next BTC price movements.

If central banks respond to the conflict with interest rate adjustments or liquidity measures, Bitcoin could benefit indirectly.

Historical trends suggest that geopolitical crises followed by rate cuts or monetary easing often support risk assets, and cryptocurrencies could be no exception.

The post Bitcoin price drops below $66k as Iran conflict escalates: Here’s what to expect appeared first on CoinJournal.

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Kyber Network Crystal cryptocurrency up over 23%: here’s why the KNC price is rising

  • Kyber Network Crystal (KNC) has surged on a 900% volume spike.
  • Recent Kyber product upgrades have improved market sentiment.
  • Traders should closely watch the support at $0.148 support and the resistance at $0.175.

Kyber Network Crystal (KNC) has jumped by nearly 24% to trade around the $0.16 level at press time.

Kyber Network Crystal price rising
Kyber Network Crystal price chart | Source: Coingecko

This move stands out in a market that has otherwise struggled for direction.

While many large-cap cryptocurrencies, including Bitcoin (BTC), posted losses, KNC moved higher with strong conviction, and the rally has drawn attention from traders who are now asking what is really driving the price higher.

Heavy trading activity fueling KNC’s price rally

One of the clearest drivers behind the surge is a dramatic increase in trading activity.

KNC’s 24-hour trading volume has exploded by more than 900%, pushing turnover to levels rarely seen in recent months.

Such a sharp rise in volume often signals aggressive short-term participation from traders looking to capitalise on momentum.

This also explains why the price moved largely independently of BTC, which has declined over the same period.

When volume expands this quickly, even modest buying pressure can translate into outsized price moves, and that appears to be exactly what happened with KNC.

Product updates add to positive sentiment

Although no single announcement directly triggered today’s price spike, Kyber Network has been quietly rolling out updates that have helped improve sentiment around the project.

Kyber Network recently highlighted expanded cross-chain functionality on its flagship product, KyberSwap.

As a result, users can now swap assets across 25 different blockchains using liquidity from eight providers in a single transaction.

This kind of convenience strengthens Kyber’s position in an increasingly competitive DeFi landscape.

The team has also introduced a new feature called Smart Exit on Kyber Earn.

Smart Exit allows liquidity providers to automate how and when they exit positions.

Instead of constantly monitoring charts, users can set predefined conditions for profit-taking, risk management, or time-based exits.

The feature is already live on Base and BNB Chain, with more networks expected to follow.

In parallel, Kyber has continued to form new ecosystem partnerships.

A recent integration with Vaultedge brought the USDVE asset onto KyberSwap, unlocking deeper liquidity and improved routing.

Another upcoming integration with Supernova is expected to further expand Kyber’s liquidity reach.

While these updates did not directly cause today’s spike, they help explain why traders are willing to speculate on upside.

Kyber Network Crystal price forecast

From a technical analysis standpoint, the KNC price has broken above its 30-day simple moving average near $0.148.

This level had acted as a cap for weeks, and clearing it helps reinforce bullish sentiment.

Moving ahead, the $0.148 zone has now become the most important support to watch in the near term.

Holding above this level would suggest that the recent breakout remains intact.

If buyers maintain control, KNC could attempt a push toward resistance around $0.175, and a clean break above that area may open the door to further upside.

On the downside, failure to hold $0.148, especially if trading volume contracts sharply, could trigger a quick pullback.

In that scenario, the next area of interest sits near $0.135, where buyers may look to step back in.

The post Kyber Network Crystal cryptocurrency up over 23%: here’s why the KNC price is rising appeared first on CoinJournal.