Schlagwort: crypto markets

• PancakeSwap (CAKE) price  rose 13% in 24 hours, fueled by activity in BNB Chain and the broader altcoin market.
• Upside helped by a 200% spike in trading volume amid Infinity launch and new incentive campaign
• If CAKE breaks the $3.30 resistance, bulls could eye $10.

PancakeSwap is looking to extend gains above a key level, with gains in the past 24 hours amid a 200% spike in trading volume.

The decentralized exchange’s PancakeSwap Infinity has sparked a frenzy of activity.

As Bitcoin bounced and BNB price spiked, CAKE has drawn traders and enthusiasts eyeing an opportunity as the platform expands.

PancakeSwap price gains double-digits

CAKE rose 13% in 24 hours, fueled by activity in BNB Chain and the broader altcoin market as BNB price jumped above $850. The catalyst for the latest price move looks to be the recent unveiling of PancakeSwap Infinity on the Base network.

Infinity is the decentralized finance platform’s modular framework, featuring customizable “Hooks” offering smart contract plug-ins. Developers and users can leverage the innovation for tailored liquidity pools, with key features including dynamic fees, rebate systems, and onchain limit orders.

Following its initial rollout on BNB Chain in April, the move to Base has coincided with the network’s total value locked.

CAKE is also gaining amid a new network incentive campaign.

“PancakeSwap is excited to launch a new trading campaign featuring five Binance Alpha Tokens on the BNB Chain: Bedrock (BR), MilkyWay (MILK), League of Traders, NodeOps (NODE), and Moonveil (MORE) Due to community feedback, the campaign has been extended! You now have extra time to participate and can earn a share of ~$250,000 in rewards by trading these tokens on PancakeSwap until August 5, 2025,” the DEX wrote in a blog post.

Details show the TVL has jumped to above $4.29 billion, up more than 33% year-to-date.

Interest in the Base deployment has seen the 24-hour DEX volume for PancakeSwap surge nearly 200% to over 4417 million. Per CoinMaketCap, CAKE’s market cap has increased to over $2.3 billion.

What next for CAKE price?

As of writing, PancakeSwap native token’s 13% gain over the last 24 hours puts it top of the list of gainers in this period. Crypto analyst CryptoBullfish shared the take below on CAKE and BNB:

$CAKE is probably the most undervalued coin right now.
$BNB is trading at all-time highs, while the main DEX token on BSC still has 15x potential just to reclaim its previous ATH. pic.twitter.com/pUckJ6mZS8

— Crypto฿ullfish (@cryptobullfish) July 27, 2025

CAKE’s 19% uptick in the past week also sees it rank in the top 10 – behind Ethena, Flare, Cronos and Story.

While BNB rode BNB Chain activity to break to a new all-time high above $850, PancakeSwap was eyeing fresh gains around $3.30. Should CAKE breach this critical resistance level, it could witness a bold push toward $5 and potentially $10.

On the contrary, support lies around $2.

The post PancakeSwap jumps on 200% volume spike and Infinity launch appeared first on CoinJournal.

• 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.

What I have gathered from reading the S-1 form filed with the SEC today by Wellgistics Health is incredibly revealing. It is more than just a company using XRP in its treasury reserve.

This is a summary of what the filing revealed:

1. WH is not only planning to hold XRP as a…

— bill morgan (@Belisarius2020) July 25, 2025

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.

• 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.

A whale has withdrawn 1.96M $FARTCOIN from #Kraken and sold it for $2.72M $USDC at a price of $1.39.

Address: HL6s4Nr9hKG2Nz7RjpaJbhnRPgKSCrPRppTJyQm1C5zU pic.twitter.com/E0eGcTlLJ2

— Onchain Lens (@OnchainLens) July 24, 2025

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.

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.

• 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.

$HBAR is now available to trade on Robinhood. pic.twitter.com/5Lj3s7CKdn

— Robinhood (@RobinhoodApp) July 25, 2025

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.

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.