News

• Ondo price hovered near $0.24, down around 6%.
• If there’s a breakout, ONDO could target $0.45 in the near term.
• ONDO could dive below $0.20 if bulls fail to hold onto gains.

The ONDO token climbed to nearly $0.30 as improving sentiment lifted much of the altcoin market, including the real-world asset tokenisation project.

However, selling pressure emerged near a key resistance level, with the price down about 6% over the past 24 hours at the time of writing on Monday, February 9, 2026.

As a result, despite a mildly constructive technical setup, a deeper pullback could undermine near-term upside momentum and weigh further on the price of ONDO.

Ondo price recap: bounce hits supply wall

Like several major altcoins, ONDO rebounded from the $0.20 level as cryptocurrencies recovered from the sell-off on February 5.

However, buying momentum weakened near $0.27, where selling pressure held over the weekend, establishing the area as a strong supply zone.

On Monday, the token moved lower again, falling about 6% to trade just above $0.24.

The decline was accompanied by an 8% rise in trading volume, pointing to continued seller dominance.

The weakness has come as Bitcoin struggles to regain traction around the $70,000 level, with broader market sentiment remaining negative.

On-chain data across the sector indicates sustained selling from early investors and large holders.

ONDO remains under pressure and is down about 14% over the past week, in line with similar declines across RWA-related tokens.

Ondo price outlook: up or risk of fresh pain?

The broader outlook for ONDO continues to reflect a balance between technical factors and wider macroeconomic pressures.

If a breakout materialises, ONDO could target the $0.45 level in the near term, with scope to extend toward $0.70 if momentum strengthens.

However, downside risks remain elevated.

The broader cryptocurrency market continues to trade weakly, with Bitcoin struggling below $69,000 and Ethereum facing repeated rejection near $2,000.

Sentiment remains fragile, with the CoinMarketCap Crypto Fear and Greed Index at 9, firmly in extreme fear territory.

High liquidation activity, exceeding $344 million over the past 24 hours, also points to continued market stress.

If ONDO fails to hold support at $0.21, analysts warn that a pullback toward the $0.17 level could follow.

The post Ondo price forecast: risks remain despite gains to $0.30 appeared first on CoinJournal.

• Ondo price hovered near $0.24, down around 6%.
• If there’s a breakout, ONDO could target $0.45 in the near term.
• ONDO could dive below $0.20 if bulls fail to hold onto gains.

The ONDO token climbed to nearly $0.30 as improving sentiment lifted much of the altcoin market, including the real-world asset tokenisation project.

However, selling pressure emerged near a key resistance level, with the price down about 6% over the past 24 hours at the time of writing on Monday, February 9, 2026.

As a result, despite a mildly constructive technical setup, a deeper pullback could undermine near-term upside momentum and weigh further on the price of ONDO.

Ondo price recap: bounce hits supply wall

Like several major altcoins, ONDO rebounded from the $0.20 level as cryptocurrencies recovered from the sell-off on February 5.

However, buying momentum weakened near $0.27, where selling pressure held over the weekend, establishing the area as a strong supply zone.

On Monday, the token moved lower again, falling about 6% to trade just above $0.24.

The decline was accompanied by an 8% rise in trading volume, pointing to continued seller dominance.

The weakness has come as Bitcoin struggles to regain traction around the $70,000 level, with broader market sentiment remaining negative.

On-chain data across the sector indicates sustained selling from early investors and large holders.

ONDO remains under pressure and is down about 14% over the past week, in line with similar declines across RWA-related tokens.

Ondo price outlook: up or risk of fresh pain?

The broader outlook for ONDO continues to reflect a balance between technical factors and wider macroeconomic pressures.

If a breakout materialises, ONDO could target the $0.45 level in the near term, with scope to extend toward $0.70 if momentum strengthens.

However, downside risks remain elevated.

The broader cryptocurrency market continues to trade weakly, with Bitcoin struggling below $69,000 and Ethereum facing repeated rejection near $2,000.

Sentiment remains fragile, with the CoinMarketCap Crypto Fear and Greed Index at 9, firmly in extreme fear territory.

High liquidation activity, exceeding $344 million over the past 24 hours, also points to continued market stress.

If ONDO fails to hold support at $0.21, analysts warn that a pullback toward the $0.17 level could follow.

The post Ondo price forecast: risks remain despite gains to $0.30 appeared first on CoinJournal.

The sale shows how Bitcoin miners are reshaping strategies as mining economics continue to deteriorate.

Michael Saylor’s Strategy missed Bitcoin’s brief drop to $60,000 last week, purchasing $90 million worth of BTC at an average price near $78,800.

Digital Asset cofounder and CEO Yuval Rooz said the latest crypto sell‑off is repricing “empty shell” token models and pushing institutions to chains with value, privacy and predictability.

• Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering.
• Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
• Phemex TradFi is designed for traders seeking simplicity and continuity across markets.

Apia, Samoa, February 9, 2025 — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis.

Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.

The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework.

To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.

Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions.

By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.

Phemex TradFi is designed for traders seeking simplicity and continuity across markets.

Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically.

Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.

“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex.

“Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”

The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets.

As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.

About Phemex

Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation.

With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For media inquiries, please contact: [email protected]

For more information, please visit: https://phemex.com/

Media contact Oyku Yavuz PR Lead [email protected]

The post Phemex introduces 24/7 TradFi futures trading with 0-Fee Carnival, creating an all-in-one trading hub appeared first on CoinJournal.

• Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering.
• Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
• Phemex TradFi is designed for traders seeking simplicity and continuity across markets.

Apia, Samoa, February 9, 2025 — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis.

Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.

The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework.

To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.

Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions.

By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.

Phemex TradFi is designed for traders seeking simplicity and continuity across markets.

Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically.

Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.

“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex.

“Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”

The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets.

As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.

About Phemex

Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation.

With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For media inquiries, please contact: [email protected]

For more information, please visit: https://phemex.com/

Media contact Oyku Yavuz PR Lead [email protected]

The post Phemex introduces 24/7 TradFi futures trading with 0-Fee Carnival, creating an all-in-one trading hub appeared first on CoinJournal.