Coin overview
BB
Ended--
Last price (USDT)
55.28K
24h total (USDT)
448.93K
Total vol (USDT)
2024-04-25 08:00:00 ~ 2024-05-13 09:30:00
Trading time (UTC+0)
2024-05-13 12:00:00
Delivery time (UTC+0)
Total supply2.10B
Resources
Introduction
BounceBit is the first native BTC restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. Its PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility.
How High Can Chainlink Price Go This Month?
Chainlink (LINK) has quietly transformed from a DeFi oracle provider into one of the most critical pieces of infrastructure in the blockchain economy. With the launch of the Chainlink Reserve and the expansion of Payment Abstraction, LINK now has a built-in demand engine fueled by enterprise adoption and onchain service usage. At the same time, its price action is heating up, with LINK breaking above $20 and pushing toward the key $25 resistance. The big question now is whether these fundamentals and technical signals can carry LINK to the next milestone at $30. Why the Chainlink Reserve Matters? The Chainlink Reserve is designed to funnel both onchain and offchain revenue directly into LINK, supporting long-term growth. This is made possible by Payment Abstraction, a system that allows enterprises and users to pay in their preferred tokens or stablecoins, which are then automatically converted to LINK. With offchain enterprise revenue now flowing into the Reserve, Chainlink has effectively built a demand engine that constantly absorbs LINK supply. This upgrade positions Chainlink differently from other networks that rely only on transaction fees. By tying enterprise adoption and tokenization infrastructure directly to LINK accumulation, the Reserve acts as both a stabilizer and a growth driver for the token. Chainlink Price Prediction: LINK Price Action LINK/USD Daily Chart- TradingView Looking at the daily chart, LINK is trading at $23.61, up 6.34% on the day. A strong rally from early August pushed price through the psychological $20 barrier, marking a clear breakout from its prior consolidation. The Bollinger Bands (BB) show widening volatility, with price hugging the upper band near $25.13, signaling bullish momentum but also short-term overextension. The recent wick rejection at $24.83 suggests profit-taking near resistance. Key levels to watch: Immediate support: $22.00 (mid-range consolidation zone) Critical support: $19.50 (20-day SMA, bottom of BB range) Resistance zone: $25.50–26.00 (upper band and Fib extension) Breakout target: $30.00 (major psychological and Fib projection) As long as LINK holds above $22, momentum favors bulls. A close above $25 would likely set the stage for a run toward $28–30. Chainlink’s Expanding Role Beyond Oracles Chainlink is no longer just about price feeds. With over 2,000 oracles powering 60+ blockchains and securing $80B+ in value, Chainlink is now an institutional-grade infrastructure layer. Its Cross-Chain Interoperability Protocol (CCIP), automation tools, and compliance-ready features give it a unique position to power tokenized assets—a market projected in the trillions. Where rivals offer fragmented services, Chainlink delivers a modular, unified platform. This integrated ecosystem makes it easier for enterprises to adopt blockchain solutions at scale while keeping compliance and privacy intact. The net effect: sustained demand for LINK. Chainlink Price Prediction: What to Expect Next for LINK Price? The LINK rally is backed by both fundamentals and technicals: Bullish case: If adoption momentum and Reserve-driven demand persist, LINK could push toward $28–30 in the coming weeks. Neutral case: Consolidation between $22–25 while traders wait for clearer signals. Bearish risk: A breakdown below $19.50 could pull LINK back into the mid-teens, though fundamentals make this scenario less likely in the short term. With Payment Abstraction tying enterprise revenue directly to LINK demand, the token has a structural advantage compared to other altcoins. The next decisive breakout above $25 will be crucial for confirming a new leg higher. LINK’s fundamentals through the Chainlink Reserve are stronger than ever, while the chart signals momentum toward $30 if resistance breaks. Traders should watch the $22 support and $25 resistance closely for the next big move. LINK简介 Chainlink是一个去中心化预言机网络，为区块链提供现实世界的数据和信息流。LINK是其平台的原生代币，广泛应用于抵押和支付费用等场景。 $LINK, $Chainlink, $LINKPrice, $ChainlinkPrice
BounceBit repurchased 8.87 million BB tokens from the open market over the past week
BlockBeats News, August 13 — BounceBit announced in a post that it repurchased 8.87 million BB tokens from the open market over the past week. The buyback will continue, driven by approximately $16 million in annual protocol revenue.
BounceBit repurchased 8.87 million BB tokens from the open market in the past week
According to ChainCatcher, BounceBit announced that it repurchased 8.87 million BB tokens from the open market over the past week. The buyback will continue, driven by approximately $16 million in annual protocol revenue.
RootData: BB to Unlock Tokens Worth Approximately $4.66 Million in One Week
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, BounceBit (BB) will unlock approximately 49.04 million tokens, valued at around $4.66 million, at 00:00 on August 13 (GMT+8).
BounceBit Launches RWA Yield Platform Based on Franklin Templeton On-Chain Treasury Fund
According to Digital Journal, BounceBit has officially launched its innovative yield platform, BB Prime, which integrates real-world assets (RWA) with crypto-native strategies. The platform leverages Franklin Templeton’s on-chain U.S. Treasury fund to create a new, regulated model for on-chain yields. BB Prime combines the security of treasury-backed assets with the efficiency of blockchain arbitrage, offering users access to structured financial products without relying on traditional stablecoins. BB Prime operates on BounceBit’s proprietary compliant infrastructure, supporting regulated custody, automated capital allocation, and seamless connectivity with centralized exchanges. BB Prime is now open for pre-registration to institutions and qualified users.
Pudgy Penguins (PENGU) Price Prediction for July 27
Pudgy Penguins (PENGU) is trading near $0.04280 in today’s session after rebounding from a critical mid-range demand zone. While recent netflows suggest cautious sentiment, price structure and momentum indicators point to the potential for a short-term continuation if $0.04350 is cleared convincingly. What’s Happening With Pudgy Penguins Price? PENGU price dynamics (Source: TradingView) PENGU price remains well inside an ascending parallel channel on the 1-hour chart. Recent lows were defended near $0.03720, just above the lower channel boundary. The recovery was initiated after a failed breakdown from a descending wedge. Bulls swiftly absorbed supply near $0.038, and the ongoing push is now testing mid-channel resistance around $0.04350. PENGU price dynamics (Source: TradingView) On higher timeframes, the daily chart confirms that Pudgy Penguins price action has broken free from its long-term accumulation box between $0.006 and $0.021. The breakout was supported by volume and Smart Money BOS markers. PENGU price is now forming higher highs and higher lows, showing a textbook uptrend structure with bullish continuation potential. The directional movement index (DMI) on the daily chart remains bullish. The +DI is leading at 61.5 while -DI continues to weaken. This is reinforced by a sharp uptick in the Money Flow Index (MFI), currently at $78.59. The reading signals aggressive capital inflow, though it is nearing overbought conditions. Why Is The Pudgy Penguins Price Going Up Today? PENGU price dynamics (Source: TradingView) The latest rebound is being driven by strong structural defense and signs of momentum returning. The 30-minute RSI has moved back above 66.30 and continues to flirt with the 70 zone. This suggests a possible breakout setup. Meanwhile, VWAP has now flipped into support near $0.04196, with price comfortably trading above it and pressing toward the upper session band. PENGU price dynamics (Source: TradingView) From a Smart Money Concepts perspective, multiple BOS (Break of Structure) levels were reclaimed this week. PENGU is now attempting to break above the most recent weak high near $0.04500, which capped earlier upside. A clean close above this level could confirm another leg higher toward $0.050. Price Indicators, Signals, Graphs and Charts (24h) PENGU price dynamics (Source: TradingView) The 4-hour chart reveals a powerful bounce from the lower Bollinger Band near $0.036. Price is now testing the upper band resistance at $0.04501. The Bollinger Bands have started to expand again, which indicates a potential volatility breakout. In addition, the EMA cluster is now fully bullish. The 20, 50, 100, and 200 EMAs are aligned beneath current price. The 20 EMA is acting as intraday support at $0.03966. The short-term trend remains intact as long as this level holds. PENGU Spot Inflow/Outflow Data (Source: Coinglass) That said, exchange data shows caution. The latest netflow chart (as of July 26) reflects a negative daily flow of -$3.84M. This outflow suggests some profit-taking or risk-off behavior and may limit breakout strength if buyer follow-through falters. PENGU Price Prediction: Short-Term Outlook (24h) As long as PENGU holds above $0.04150, momentum remains with the bulls. The breakout attempt above $0.04350 could extend toward the $0.045 to $0.047 zone. This region represents the upper channel edge and prior liquidity rejection level. If the breakout fails and price drops below $0.04080, short-term structure could turn sideways. This may prompt a retest of $0.03850. A break below that level would reopen the lower channel test near $0.035. Given the strong EMA support, compression buildup, and Smart Money BOS structure, traders should monitor the $0.04350 to $0.04500 region closely for signs of a continuation or rejection. Volatility is likely to pick up if PENGU decisively clears or fails this key area. Pudgy Penguins Price Forecast Table: July 27, 2025 Indicator/Zone Level / Signal Pudgy Penguins price today $0.04289 Resistance 1 $0.04500 (upper BB, weak high) Resistance 2 $0.04750 (top channel test) Support 1 $0.04080 (VWAP, consolidation) Support 2 $0.03850 (prior BOS, wedge base) RSI (30-min) 68.36 (bullish, near overbought) MFI (1D) 78.59 (elevated inflow) DMI (1D) +DI 61.5, -DI weak (bullish) Bollinger Bands (4H) Expanding, volatility setup EMA Cluster (4H) Fully bullish below price VWAP (30-min) Acting as short-term support Smart Money BOS Active, weak high at $0.04500 Netflow (July 26) -$3.84M (mild outflow)
RootData: BB to Unlock Tokens Worth Approximately $3.85 Million in One Week
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, BounceBit (BB) will unlock approximately 49.04 million tokens, valued at around $3.85 million, at 00:00 on July 13 (GMT+8).
Tokenized Stocks: BounceBit’s Revolutionary Q4 Launch Unlocks New CeDeFi Opportunities
The world of decentralized finance is constantly evolving, and a groundbreaking announcement from BounceBit is set to redefine how we interact with traditional assets. Get ready, because tokenized stocks are about to take center stage, promising a new era of accessibility and innovation within the CeDeFi ecosystem. Understanding Tokenized Stocks: A Bridge to New Frontiers Imagine owning a piece of a global corporation like Apple or Tesla, not through a traditional brokerage with limited hours and geographic restrictions, but directly on a blockchain. That’s the revolutionary essence of tokenized stocks. These are digital representations of traditional equities, secured and traded on a distributed ledger. Unlike conventional shares, they offer unique advantages: they can be fractionalized, enabling smaller investments; they can be traded 24/7, transcending market hours; and they potentially offer greater transparency and lower fees due to blockchain’s inherent properties. BounceBit, a pioneering CeDeFi infrastructure platform, has just confirmed its ambitious plan to launch these innovative assets in Q4. This strategic move is not merely about digitizing shares; it’s about making them fully functional and interoperable within the expansive decentralized finance paradigm. This means unlocking capabilities far beyond what traditional markets can offer. BounceBit’s Vision: Harmonizing TradFi and DeFi for Global Access BounceBit is uniquely positioned at the forefront of the financial revolution, aiming to seamlessly combine the robust efficiency and regulatory adherence of traditional finance (TradFi) with the transparency, programmability, and borderless nature of DeFi. Their upcoming launch of tokenized stocks perfectly exemplifies this hybrid approach, striving to offer users the best of both worlds – institutional-grade security coupled with crypto-native innovation. The platform explicitly states that these assets are engineered for “active trading, composability, and borderless use rather than passive holding.” This distinction is absolutely crucial. It signifies that these aren’t just static digital receipts; they are dynamic, foundational building blocks designed to integrate deeply with existing and future financial products within the burgeoning on-chain assets ecosystem. This opens up a universe of possibilities for sophisticated financial strategies previously unavailable to the average investor. Unlocking the Power: Key Benefits of On-Chain Assets The introduction of tokenized stocks by BounceBit brings several compelling and transformative benefits to the forefront of the financial landscape: 24/7 Global Trading: Traditional stock markets operate within strict, limited hours, often tied to specific time zones. On-chain assets, however, can be traded around the clock, every day of the week, offering unprecedented flexibility and liquidity for global investors who can react to news and market shifts instantaneously. Democratized Fractional Ownership: Many high-priced blue-chip stocks are financially out of reach for a significant portion of potential investors. Tokenization allows for precise fractional ownership, meaning you can purchase a small, affordable portion of a share. This democratizes access to valuable assets, enabling broader participation in established markets. Enhanced Composability and Programmability: This is a core and powerful principle of DeFi. Tokenized stocks can be seamlessly integrated into a myriad of existing and new DeFi protocols. Imagine using your tokenized Apple stock as collateral for a decentralized loan, or combining it with other crypto assets in a liquidity pool to earn yield. This interoperability creates entirely new financial instruments and strategies. Borderless and Inclusive Access: Geographic and national barriers to investment are significantly reduced or even eliminated. Anyone with an internet connection and a compatible crypto wallet can potentially access these global equities, fostering greater financial inclusion and leveling the playing field for investors worldwide. Increased Transparency and Auditability: All transactions involving tokenized stocks are recorded on a public blockchain, providing a transparent, immutable, and auditable ledger of ownership and trades. This inherent transparency can help reduce fraud and build greater trust among participants. Faster Settlement: Traditional stock settlements can take days (T+2). Blockchain-based tokenized assets can settle in minutes or even seconds, significantly improving capital efficiency and reducing counterparty risk. Navigating the Horizon: Challenges and Considerations for CeDeFi Growth While the promise of tokenized stocks is immense and transformative, their widespread adoption and full integration will depend on successfully addressing several critical challenges: Regulatory Clarity and Compliance: The legal and regulatory framework for tokenized securities is still in its nascent stages globally and varies significantly by jurisdiction. Clear, harmonized guidelines are absolutely essential for investor protection, institutional confidence, and preventing market manipulation. Liquidity Depth and Market Making: For active and efficient trading, deep liquidity pools are paramount. Building sufficient liquidity for tokenized versions of potentially thousands of traditional stocks will be a significant and ongoing undertaking, requiring robust market-making strategies. Security Risks and Smart Contract Vulnerabilities: As with any blockchain-based asset, the inherent risks of smart contract vulnerabilities, potential cyberattacks, and platform exploits remain a concern. Robust, continuous security audits, bug bounties, and stringent risk management protocols are absolutely paramount to protect user assets. Seamless Integration with Traditional Infrastructure: While aiming to bridge TradFi and DeFi, creating truly seamless and secure bridges between traditional financial exchanges, custodians, and the on-chain world will be necessary for efficient capital flow and widespread institutional adoption. This involves overcoming technical and operational complexities. Investor Education and Adoption: A significant hurdle will be educating traditional investors about the benefits and mechanics of tokenized assets and the underlying blockchain technology. Bridging the knowledge gap will be crucial for broader public adoption. The Profound Impact of BounceBit on the Future of Finance BounceBit’s bold and pioneering move to launch tokenized stocks is far more than just a product release; it’s a profound statement about the inevitable evolution of finance itself. By bringing traditional equities onto the blockchain in a fully DeFi-enabled format, they are not only pushing the boundaries of what’s possible within the dynamic CeDeFi space but also laying foundational groundwork for a more integrated, efficient, and truly global financial system. This future system envisions assets flowing freely and efficiently across borders, breaking down traditional silos and fostering unprecedented financial connectivity. This groundbreaking initiative is poised to attract a new wave of users and substantial capital into the burgeoning crypto ecosystem, particularly those from traditional finance who are actively seeking innovative, transparent, and more accessible investment avenues. It unequivocally underscores the growing maturity, ambition, and disruptive potential of the entire decentralized finance sector to reshape global markets. Are You Ready for the On-Chain Assets Revolution? The highly anticipated Q4 launch of tokenized stocks by BounceBit marks a pivotal moment in the convergence of traditional and decentralized finance. For individual investors, active traders, and dedicated DeFi enthusiasts alike, this presents a truly unique and exciting opportunity to engage with traditional assets in a completely novel and potentially more empowering way. It stands as a powerful testament to the transformative power of blockchain technology to democratize finance, foster greater transparency, and create more efficient, accessible, and inclusive markets for everyone. In conclusion, BounceBit’s upcoming launch of tokenized stocks represents a monumental development for the entire crypto and traditional finance landscape. By enabling continuous, on-chain access to equities for active trading, enhanced composability, and borderless use, BounceBit is not just innovating within CeDeFi; it’s actively laying the groundwork for a more interconnected, transparent, and efficient global financial system. Keep a close eye on BounceBit as Q4 approaches – the future of finance might just be getting revolutionized by tokenization. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance institutional adoption.
BounceBit Plans to Launch Tokenized Stock Products in Q4
Odaily Planet Daily reports that BounceBit has announced the launch of its tokenized stock product in the fourth quarter, covering securities from the four major stock markets: the United States, Europe, Hong Kong, and Japan. This service is built on BounceBit’s Tokenized Stock Environment (TSE), a native framework designed for issuing, pricing, and integrating securities in a permissionless market. From day one, BounceBit’s tokenized stocks will be fully integrated into the DeFi sector, including spot trading, DEX liquidity, collateral in lending protocols, applications in structured yield strategies, and restaking.
BounceBit Launches High-Leverage Trading Platform
Key Points: Main event, leadership changes, market impact, financial shifts, or expert insights. Offers 200x leverage for investors. Introduces new DeFi-TradFi convergence paths. BounceBit Launches High-Leverage Contract Platform BounceBit, led by CEO Jack Lu, has launched a high-leverage contract platform named “BounceBit Trade.” The platform integrates BlackRock’s BUIDL fund for yield strategies, marking a significant move in crypto trading. The launch of “BounceBit Trade” highlights potential changes in DeFi and TradFi integration, with high-leverage options and U.S. dollar yields attracting market attention. BounceBit has unveiled a platform allowing up to 200x leverage, partnering with BlackRock’s tokenized BUIDL fund to drive innovative yield strategies. The platform seeks to combine on-chain derivatives with traditional finance assets, providing institutional investors new avenues for USD-denominated yield generation. Key players such as Jack Lu emphasize opportunities in funding rate arbitrage. Lu stated, “This innovative approach demonstrates what is possible when investors simultaneously capture both U.S. dollar yields and funding rate arbitrage returns, potentially creating opportunities for institutional investors seeking sustainable USD-denominated yield generation across market cycles.” The initiative aims to demonstrate the potential when leveraging real-world assets alongside established crypto infrastructure. There are ongoing projects in the CeDeFi space with further ecosystem enhancements planned. Immediate impacts focus on BB, BTC, and ETH tokens, potentially affecting their value and utility in the market. On-chain data combined with community feedback will guide future developments. The launch also underscores the integration of tokenized RWAs in synthetic contract trading. Financially, the move might attract significant stakeholders seeking higher returns through arbitrage and structured strategies. While regulatory responses are still uncertain, BounceBit’s alignment with BlackRock positions it favorably among institutional circles. BounceBit’s innovative integration of RWAs and DeFi elements will likely influence market trends, setting new precedents for future technological development. Analysts foresee potential regulatory shifts to accommodate such platforms’ growing market presence.
RootData: BB to Unlock Tokens Worth Approximately $5.09 Million in One Week
According to ChainCatcher, based on token unlocking data from the Web3 asset data platform RootData, BounceBit (BB) will unlock approximately 49.04 million tokens, valued at around 5.09 million USD, on June 13 at 00:00 (GMT+8).
BounceBit now supports WLFI-issued stablecoin USD1
BounceBit officially announced that it now supports the institution-grade stablecoin USD1 issued by WLFI. Through this integration, USD1 has now become a qualified asset within the BounceBit CeDeFi portal. Users can directly deploy USD1 into the "Auto" strategy, which channels funds to centralized and decentralized platforms, providing secure, delta-neutral yield opportunities.
Why Slow Retail Buying Could Actually Be Good News for Bitcoin
Bitcoin trades ~$105K, ~5% below its recent $111K ATH; on-chain metrics look promising. Retail BTC demand fell 2.45% in 30 days, not typical of major market tops. Analysts eye $96,700 as crucial BTC support; technicals show short-term pressure. Bitcoin’s price action over the past few weeks has investors speculating whether the recent pullback from its all-time high is merely a pause before another leg up–or a sign of deeper corrections ahead. As BTC trades around $105,396.85, roughly 5% below its ATH of $111K set just 13 days ago, on-chain metrics paint a promising picture. Retail Demand Cools; Analyst Sees Room for Further BTC Upside According to analyst “caueconomy,” retail demand, measured by Bitcoin transactions below $10,000, has fallen 2.45% over the past 30 days. Historically, such subdued retail activity has not accompanied major market tops, which are typically characterized by frenzied buying from smaller investors. https://twitter.com/cryptoquant_com/status/1930164956973953073 The analyst suggests that the recent price surge for Bitcoin has yet to ignite the kind of emotional buying that marks long-term tops, leaving room for further appreciation if macro and liquidity conditions remain favorable. Retail demand has historically served as a coincident or even leading indicator of price movements, and the modest uptick in late May did precede the recent price bounce. Related: Bitcoin ETFs See First $1B+ Exodus Since March; Truth Social Files for Own BTC Fund Support Zone Watch: $96,700 as a Crucial Pivot Level Another analyst, “abramchart,” has highlighted $96,700 as a critical support level for Bitcoin , coinciding with the average purchase price of short-term holders. Should the current dip extend further, this zone is likely to serve as a high-probability rebound point. It also aligns with the bottom range of Bitcoin’s previous consolidation structure, making it technically and psychologically significant. Also, with Bitcoin dominance on the rise, any BTC correction is expected to impact altcoins and Ethereum, as capital tends to rotate out of smaller-cap assets during Bitcoin-led pullbacks. This dynamic often leads to temporary underperformance across the altcoin market until Bitcoin stabilizes and investor risk appetite returns. Bitcoin Technicals Show Short-Term Pressure Building The daily chart below shows prices slipping back toward the midline of the Bollinger Bands (BB), which currently rests around $106,674. This midline often acts as dynamic support or resistance, and with BTC now slightly under it, a retest of the lower BB band at $102,270 becomes a likely short-term target unless bulls reassert quickly. Source: TradingView Meanwhile, the Relative Strength Index (RSI) has declined from near-overbought levels (above 70) to just below 54, with the RSI trending down and crossing beneath its moving average (yellow line). Related: BlackRock’s IBIT Soars to World’s No. 2 Bitcoin Owner, Trailing Only Satoshi This bearish RSI crossover suggests weakening momentum and hints at the possibility of further downside before any potential rebound. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Pi Network Sell-Off Continues as PI Hits 7-Day Low
Pi Network’s native token, PI, has witnessed a 22% price plunge over the past week, extending its downtrend to trade at a seven-day low of $ 0.61 at press time. The double-digit decline reflects growing bearish sentiment around the token and coincides with a broader contraction in the crypto market. PI’s Outlook Worsens as Bearish Trend Deepens The global cryptocurrency market capitalization has dropped by over 5% in the past seven days, shedding over $170 billion. The widespread pullback has shaken investor confidence, triggering fresh PI selloffs over the past few days. The strengthening sell-side pressure is evident in PI’s BBTrend indicator, which has continued to print red histogram bars, a clear signal of mounting bearish momentum. As of this writing, the indicator sits at -4.52. PI BB Trend. Source: TradingView The BBTrend measures the strength and direction of a trend based on the expansion and contraction of Bollinger Bands. When BBTrend values are positive, it typically signals a strong uptrend, while negative values indicate increasing bearish momentum. PI’s persistent negative BBTrend suggests that its price consistently closes near the lower Bollinger Band. This trend indicates sustained selling activity and hints at the potential for a sustained price decline. Further, PI’s Smart Money Index (SMI) has fallen over the past few days, signaling an exit of “smart money” or institutional-grade investors. This is often considered a leading indicator of deeper price declines, as it suggests reduced confidence from these key investors. PI SMI. Source: TradingView An asset’s SMI tracks the activity of institutional investors by analyzing market behavior during the first and last hours of trading. When it rises, these investors are increasing their buying activity, indicating the likelihood of an extended rally. Conversely, as with PI, when it falls, it indicates that institutional demand for the asset is weakening, signalling potential for further downside. PI Teeters Near Key Support—Will Bulls Hold the Line at $0.55? PI’s climbing selling activity suggests that the token could be vulnerable to further losses in the short term. If selloffs continue, the altcoin risks breaking below the critical support formed at $0.55. If the bulls fail to defend this support floor, PI could revisit its all-time low of $0.40. PI Price Analysis. Source: TradingView However, a spike in new demand for the token could prevent this from happening. If the PI Network token buying pressure spikes, it could push its price to $0.86.
Ethereum (ETH) Price Prediction for May 30: Bulls Target $2,800 After Breakout
Ethereum continues to exhibit impressive resilience following its recent surge above the $2,700 threshold. This technical strength signals a clear bullish trend emerging on both short-term and long-term charts. As of today, the Ethereum price is holding firm near $2,727, reflecting a solid rebound from the mid-May lows and setting the stage for potential continuation. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) The Ethereum price today is consolidating just below the key $2,750 resistance level. This zone aligns closely with the 0.5 Fibonacci retracement at $2,745, derived from the weekly swing high near $4,100 down to the March 2025 low of approximately $1,385. Price has broken past the 0.382 level ($2,324), which previously acted as resistance, and is now testing the mid-Fibonacci band—commonly a pivot for medium-term trend continuation. ETH price dynamics (Source: TradingView) On the 4-hour chart, Ethereum has broken above a descending wedge and is maintaining position above the 20/50/100 EMA cluster. Notably, the price action has pierced the upper Bollinger Band, indicating aggressive bullish momentum, but also hinting at temporary exhaustion risk. Momentum Indicators Signal Strength but Also Cooling ETH price dynamics (Source: TradingView) The RSI on the 30-minute chart has reached 66.14—approaching the overbought zone, while MACD remains in bullish territory, though the histogram is flattening. This suggests that while bullish momentum remains intact, a brief pause or sideways movement could occur before continuation. In the event of a dip, the $2,665–$2,675 support range—formed by the breakout level and previous flag structure—may act as a cushion. ETH price dynamics (Source: TradingView) The Ichimoku Cloud on the 30-minute chart shows price above both the cloud and the conversion/base lines, confirming bullish structure. However, Stochastic RSI has cooled off toward the lower band, indicating that any further upward thrust may first require consolidation or a retest of short-term support. Why Ethereum Price Going Up Today ETH price dynamics (Source: TradingView) The latest leg higher in the Ethereum price has been fueled by sustained inflows and increasing speculation ahead of institutional catalysts, including ETF optimism. Technically, Ethereum’s structure turned bullish after reclaiming key EMAs and completing a clean breakout above the $2,650 wedge top. This move was supported by a breakout from a higher low on May 27 and a surge in momentum candles toward $2,780. The Ethereum price spikes on May 29 were significant, with rapid acceleration through resistance zones, suggesting bullish conviction. Furthermore, the upward momentum has not yet been invalidated on the daily chart, where price is building a base for a potential move toward the 0.618 Fibonacci level at $3,181. Ethereum Price Volatility and Near-Term Scenarios ETH price dynamics (Source: TradingView) The recent Ethereum price volatility has expanded due to the sharp bullish run, pushing Bollinger Bands wider across the 4-hour and 1-hour timeframes. This kind of expansion typically follows price acceleration and often leads to retracement or range-bound movement in the short term. If bulls manage to hold above $2,720, Ethereum could attempt a breakout toward the $2,800–$2,830 zone next. A failure to sustain above this region, however, may trigger a short-term pullback to $2,665 or even $2,593—aligned with the 50 and 100 EMA levels on the 4-hour chart. Ethereum Price Prediction for May 30 ETH price dynamics (Source: TradingView) Based on current multi-timeframe analysis, Ethereum remains bullish with solid upside structure. However, a brief consolidation phase could be expected before any significant breakout above $2,800. Timeframe Support Levels Resistance Levels Indicators 30-min $2,665 / $2,626 $2,780 / $2,830 RSI 66.14, MACD bullish but cooling 4-hour $2,593 / $2,507 $2,748 / $2,800 Above EMA cluster, upper BB tested Daily $2,507 / $2,324 $2,830 / $3,181 Bullish breakout from wedge Weekly $2,324 / $2,027 $2,745 / $3,181 Mid-Fib breakout holding As long as Ethereum holds above the $2,665 region and continues to build momentum above the breakout zone, the outlook for May 30 remains bullish with a likely push toward the $2,800–$2,830 range. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin New ATH of Over $111K: Analyst Highlights Key Levels to Watch
Key Notes Bitcoin hit a new all-time high of $111,861, fueled by strong institutional inflows and price discovery momentum. Analysts highlight key resistance levels at $116K, $126K, $136K, and $148K price levels. Technical indicators show elevated RSI and Bollinger Band expansion, suggesting a potential cooldown. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B has shattered records for a second time this year, breaching the $110,000 mark and setting a new all-time high (ATH) of $111,861.22, CoinMarketCap data shows. This historic surge comes amid a strong monthly rally of over 25%, with BTC gaining 3% in the past 24 hours alone. At the time of writing, the flagship cryptocurrency is trading at $110,751.70, entering uncharted territory. Analyst Insights: What’s Next for BTC? According to prominent crypto analyst Ali Martinez, Bitcoin is now in price discovery mode. He identified the next critical resistance levels at $116,000, $126,000, $136,000, and $148,000 — a series of psychological and technical barriers that could shape BTC’s medium-term trajectory. #Bitcoin $BTC is trading at new all-time highs, entering price discovery. The next key levels to watch are $116,000, $126,000, $136,000, and $148,000! pic.twitter.com/yh3ShJ5X59 — Ali (@ali_charts) May 21, 2025 Meanwhile, on-chain data provider Santiment noted the irony of Bitcoin’s ATH arriving just six weeks after maximum market fear, largely fueled by geopolitical tariff concerns. The recent 90-day pause in US-China trade tensions helped ease sentiment, but the real momentum has come from institutional heavyweights. Institutional Inflows Santiment added that institutional flows have also been crucial in pushing BTC to its new heights: BlackRock’s spot Bitcoin ETF (IBIT) has surpassed $20 billion in assets under management. Fidelity and Ark Invest have reported record inflows as well. Spot ETF holdings across the board have hit new highs, reflecting the growing appetite from both retail and institutional investors. Meanwhile, analyst Crypto Dan emphasized that while BTC has hit ATH, the market remains in a non-overheated state as the funding rate shows only mild optimism among long traders. Further, short-term capital inflows (from coins held between 1 week and 1 month) are far lower than in past peaks. Profit-taking by whales and short-term holders has been minimal, unlike in March or November 2024. BTC Price Analysis: What to Expect? As per the chart below, the Relative Strength Index (RSI) on the daily chart stands at 77.19, clearly in overbought territory. While this traditionally hints at a potential short-term pullback, in strong bull markets, RSI can remain elevated for extended periods. BTC Daily Chart | Source: TradingView On the other hand, the Bollinger Bands (BB) indicate a sharp expansion, reflecting increased volatility. The price is hugging the upper band at $111,798.60, suggesting strong bullish pressure. The middle band, which represents the 20-day SMA, is now at $102,702.17, providing a key support level in case of retracements. Note: this is a sponsored message from our partners 🔥 Don’t Miss Out on Massive Rewards As Bitcoin achieves a new ATH, BTC Bull ($BTCBULL), a meme-powered token built on Ethereum, is gathering attention in a hurry with its ongoing presale. Created to rally the crypto community behind Bitcoin’s march to $250,000 and higher, $BTCBULL has significant utility. BTCBULL is here to amplify the momentum and reward holders every step of the way and a massive BTC airdrop awaits the strongest hodlers when BTC hits $250,000. Every time Bitcoin gains another $25K in value, BTCBULL either burns a portion of its token supply or airdrops BTC to holders, fueling scarcity and value. The holders of the token are eligible to a 230% annual average return. BTCBULL Presale Details The BTCBull team has raised a massive $6.1 million in its ongoing presale, with over 2 days and 2 hours until the next price increase. Token price: $0.002525 Funds raised: $6.1 million Payment methods: ETH, USDT Ticker: BTCBULL next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Pi Coin (PI) Price Prediction for May 21
The Pi Coin price today is trading around $0.732, showing marginal losses intraday as bulls struggle to clear a tightening consolidation range. After a sharp retracement from the May 12 high near $1.65, the Pi Coin price action has entered a contracting wedge, forming a symmetrical triangle on the 4-hour chart. The apex of this structure is nearing, suggesting a breakout move is likely in the next 24 hours. Pi Network price dynamics (Source: TradingView) Despite continued sideways movement, the Pi Coin price update shows buyers defending the key support region between $0.705 and $0.722, which has held firm since the May 17 dip. While volatility remains suppressed, compression near the $0.73 mark indicates a breakout setup is brewing. Why Pi Coin Price Going Down Today? The recent Pi Coin price volatility stems largely from broader consolidation in altcoins and fading speculative volume around PI’s earlier surge. As the coin failed to reclaim the $0.75–$0.78 resistance zone over the weekend, traders opted for caution, especially as several indicators turned mixed. The pullback from $0.7488 now aligns with the 0.236 Fibonacci level, which is acting as a near-term ceiling. Pi Network price dynamics (Source: TradingView) From a momentum standpoint, RSI (14) on the 30-minute chart has dipped to 47, showing lack of bullish strength, while the MACD histogram flattens below the zero line—pointing to indecision. The Stochastic RSI, however, has just crossed bullishly from oversold territory, suggesting a minor recovery could materialize before the next decisive move. Key Patterns and Levels Driving Pi Coin Price Action Pi Network price dynamics (Source: TradingView) The symmetrical triangle drawn from the $0.80 highs and higher lows near $0.705 now dominates short-term Pi Coin price action. A breakout above the triangle’s upper trendline and $0.7460 will likely open the door for a retest of the $0.78–$0.80 region, which coincides with both the 200 EMA on the 4-hour chart and the upper Bollinger Band. On the downside, immediate support lies at $0.722 and $0.7128, with the latter aligning with the 38.2% Fibonacci retracement. A sustained break below $0.705 could send Pi Coin price back toward the lower support band near $0.666 and possibly $0.620 in a deeper correction. Pi Network price dynamics (Source: TradingView) The Chande Momentum Oscillator reading of -40.7 supports the neutral-bearish outlook for now, but rising higher lows on the daily structure hint that bulls are not completely out of play yet. Short-Term Outlook for Pi Coin Pi Network price dynamics (Source: TradingView) Until the symmetrical triangle breaks decisively, Pi Coin price volatility will likely remain range-bound between $0.712 and $0.748. The Bollinger Bands are tightening on the 4-hour chart, reinforcing this view. For bulls, reclaiming $0.75 and holding above $0.765 would signal strength, while failure to hold the $0.705–$0.712 band could reignite bearish pressure. Here’s a breakdown of the current short-term forecast: Level Zone Resistance 1 $0.7488 (local top) Resistance 2 $0.7650 (BB upper band) Support 1 $0.7227 (Fib 0.5) Support 2 $0.7050 (trendline base) Support 3 $0.6663 (critical demand) MACD (30-min) Weakening momentum RSI (30-min) 47.5 (neutral-bearish) Stoch RSI Bullish crossover forming ChandeMO -40.7 (bearish bias) Although the Pi Coin price today shows limited movement, the converging triangle suggests a breakout may be close. Whether bulls or bears take control hinges on price behavior near $0.7460 and $0.7128 in the next few sessions. Traders should monitor breakout confirmation with volume spikes before positioning for any extended move. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
BounceBit Pilots Bitcoin Trading Strategy Using BlackRock's BUIDL as Collateral
BounceBit, a crypto infrastructure provider using features from both centralized (CeFi) and decentralized finance (DeFi), has executed a bitcoin (BTC) derivatives trading strategy using BlackRock's yield-generating tokenized money market fund, BUIDL, to enhance returns. The strategy, to be rolled out to institutions and retail users, consisted of two main components: a bitcoin basis trade, involving a long position in the spot market while shorting futures, and a short position in BTC put options, both collateralized by BUIDL tokens. The basis trade, also known as cash and carry arbitrage, alone generated an annualized yield of 4.7%, with put option writing contributing an additional 15%. Combined with the 4.25% return from BUIDL used as collateral, the total yield exceeded 24%. Integrating BUIDL as collateral helped generate a higher return than strategies collateralized by stablecoins, which do not generate any return. "This strategy allows investors to capture both Treasury Bill yields and funding rate arbitrage returns," Jack Lu, founder and CEO of BounceBit said in a press release exclusively shared with CoinDesk. "BounceBit bridges the gap between Western real-world asset issuers and Asian crypto trading infrastructure, providing new options for yield generation," Lu said. BounceBit is the native BTC restaking chain secured by staking both bitcoin and BounceBit tokens. The network allows BTC holders to earn yields through native validator staking, DeFi ecosystem and a CeFi-like mechanism powered by Ceffu and Mainnet Digital. As of writing, cryptocurrencies worth over $500 million were locked on BounceBit. BounceBit plans to roll out the BUIDL-collateralised strategy to institutional and retail users soon. "The successful pilot is a proof of concept to our new product line BB Prime, which will be available to both retail and institutional users," BounceBit's spokesperson told CoinDesk. "This strategy underpins BB Prime as a new class of CeDeFi applications built on top of RWAs which are traditionally troubled by a lack of utilities beyond just holding for t-bill yield, hindering mass adoption," the spokesperson added. BUIDL, launched in March 2024 by Securitize and BlackRock, is a tokenized investment fund operating on multiple blockchains, including Ethereum, Aptos and Polygon. The token, currently boasting a market cap of $2.88 billion, is backed by short-term U.S. government bonds, boasting a stable value pegged at one dollar per token.
Pi (PI) Price Prediction For May 19: Will Buyers Break Above $0.78 Resistance?
The Pi Coin price today is hovering around $0.742, consolidating after a short-term rebound from the $0.68 low. While the broader trend remains in recovery mode after last week’s steep decline from above $1.40, bulls are currently testing the confluence of moving averages and short-term resistance levels, suggesting a make-or-break moment for Pi Coin price action in the coming sessions. What’s Happening With Pi Coin’s Price? After a parabolic surge that took the Pi Coin price from $0.30 to over $1.60 in less than a week, the asset witnessed a sharp retracement, losing over 50% of its gains and revisiting the $0.65–$0.70 accumulation zone. However, buyers have started to regroup near this demand region, evident from the 4-hour candles forming higher lows over the past 24 hours. Pi Network price dynamics (Source: TradingView) Pi is currently capped by the 20-EMA and lower Bollinger Band on the 4-hour chart, both aligned near $0.78. A clean break above this zone could trigger fresh upside toward the $0.85–$0.90 supply region. Until then, the short-term trend remains fragile, with resistance keeping Pi Coin price spikes in check. MACD And RSI Flash Mixed Signals Pi Network price dynamics (Source: TradingView) The 30-minute chart reveals a slight bearish divergence forming on the RSI, which has declined from the overbought zone of 70+ to 56 despite price remaining flat. At the same time, the MACD histogram has begun to contract, indicating waning bullish momentum. If bulls fail to hold above $0.72, we could see a retest of $0.70 or even the $0.68 zone. Pi Network price dynamics (Source: TradingView) On the higher timeframe, the daily chart shows a larger descending triangle structure forming, with Pi facing repeated rejections below $0.80. Until the upper trendline of this triangle is breached, price may remain range-bound between $0.68 and $0.80, creating choppy Pi Coin price volatility in the short term. Ichimoku And Chande Momentum Support Caution Pi Network price dynamics (Source: TradingView) From the Ichimoku Cloud perspective on the 30-minute chart, Pi remains below the Kumo, with Tenkan and Kijun lines now flattening around $0.74. This suggests sideways consolidation unless a breakout or breakdown occurs. Meanwhile, the Chande Momentum Oscillator is showing declining strength at –39.01, signaling a lack of bullish drive to push above the current resistance. Unless momentum indicators flip back into bullish territory with volume, the Pi Coin price update could remain subdued through May 19. Key Levels To Watch: Pi Coin Short-Term Forecast Indicator/Zone Level Implication Immediate Resistance $0.78 20-EMA + Lower BB Band cap Breakout Target $0.85–$0.90 Supply zone, profit booking likely Support Zone $0.72–$0.70 Near-term base, needs to hold Critical Demand Area $0.66–$0.68 50% retracement, buyer reload zone MACD / RSI (30-min) Flat/Neutral Warning of potential reversal Ichimoku Cloud Status Bearish Bias Still trading below Kumo Why Pi Coin Price Going Down/Up Today? Pi Network price dynamics (Source: TradingView) The current recovery is fueled by dip-buying interest near the $0.68 level, but sentiment remains cautious as overhead resistance levels remain firm. Without a decisive move above $0.78 backed by rising volume, traders may expect further ranging or pullback moves, contributing to day-to-day Pi Coin price volatility. Outlook For May 19 For May 19, Pi (PI) is expected to remain volatile between $0.70 and $0.78 unless broader crypto momentum or on-chain catalysts provide direction. A breakout above $0.78 could extend toward $0.85–$0.90, but failure to reclaim this area may open downside retests at $0.70 and $0.66. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Pi Network (PI) Price Corrects Sharply Post-$100M Fund News; Analyst Cites “Overbought Euphoria”
Pi Network (PI) price corrected over 28% (from $1.53 to $0.8447) after its $100M fund news Analyst BOB on X attributes PI drop to “overbought euphoria,” citing RSI above 90 pre-fall PI recovery to $1.50+ hinges on Pi Network Ventures utility & major CEX listings (Binance) Pi Network (PI) has experienced a sharp correction after what should have been bullish news, the announcement of a $100 million venture fund aimed at accelerating development on its mobile-first blockchain. Instead of rallying on the news, PI dropped more than 28% in 24 hours, falling from its local high of $1.53 to a recent low of $0.8447. The token now trades at $0.8647, slightly off its intraday bottom, but still deep in the red. Overheated Rally Led to Predictable Exhaustion, Says Analyst BOB According to crypto analyst BOB on X , the market was caught in an “overbought euphoria” following the hype around the Pi Network Ventures announcement. With RSI crossing 90 on the 4H chart during the pump to $1.53, PI was in dangerously overheated territory. The correction was brutal but predictable. The analyst noted: “Short-term might bleed more, especially with those token unlocks incoming. But longer-term… if the fund delivers utility and a Binance or Coinbase listing happens, $PI could reclaim $1.50+ again by month-end.” Related: Pi Coin (PI) Price Prediction for May 16 Pi Network Ventures: Aiming for Ecosystem Growth Like a VC Pi Network’s $100M initiative, formally known as Pi Network Ventures, is intended to inject vitality into the Pi ecosystem. It plans to do this by investing in startups across various sectors, including fintech, AI, social applications, and marketplaces. The draft indicates that, unlike some typical crypto funds, Pi Network Ventures aims to operate with the due diligence and early-stage innovation focus of a traditional Silicon Valley venture capital firm. PI Technical Analysis: Bearish Pressure Dominates, Key Levels Emerge The Relative Strength Index (RSI) has dropped from extremely overbought levels (90+) to 42.15, just above oversold territory, indicating a cooling phase but no strong bullish reversal yet. On the other hand, the Bollinger Bands (BB) on the 4H chart are expanding downward, reflecting rising volatility and bearish momentum. Source: TradingView Price is now sitting below the BB median (20-SMA) of $1.0145, suggesting bearish pressure dominates. The lower band sits at $0.7033, which could act as the next major support. A breakdown below $0.70 would open the door to $0.60–$0.58, where buyers may step in. Related: Analyst Flags Major Risk in Pi Network, Draws Comparisons to Terra Luna 2022 Crash Meanwhile, a break above $1.32 (upper BB) could then lead to a retest of $1.50, and potentially $2.50 by Q4, assuming Pi Network Ventures begins delivering real utility and a CEX listing materializes. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Filled orders
Delivery scenarios
