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.
Solana (SOL) on the Verge of 16% Price Crash Amid Social Media Optimism
Key Notes According to crypto market analyst Ali Martinez, the $125 level is a key support for the SOL token. Losing $125 puts the SOL token on a bearish path towards $105 and sub-$100 levels. If SOL reclaims the 20-day EMA and pushes above $160, the altcoin could hit $200 again . Like its peer XRP, Solana (SOL), the sixth-largest digital asset, is facing a “make it or break it” moment as technical indicators suggest a potential price crash of 16%, even as social media optimism around the asset reaches historic highs. Analyst Ali Martinez has identified $125 as the most important support level for SOL, with a potential breakdown opening the door for further declines and a retest of $105 support in the near future. $125 Support Level The chart shared by Ali Martinez outlined an ascending wedge pattern that could result in a bearish breakdown, signaling bearish implications. $125 is the most important support level for #Solana $SOL ! pic.twitter.com/mY4MUxMcyL — Ali (@ali_charts) March 28, 2025 SOL recently breached the lower trendline of this formation and is now retesting the breakdown level. If SOL fails to reclaim the $145 region convincingly, it could confirm the bearish scenario and trigger a deeper sell-off. Another major resistance is the 20-day Exponential Moving Average (EMA) at $136. The altcoin needs to confirm this as support before the next leg up. The immediate support stands at $125, which is a key level for bulls to defend. However, failure to hold above this level could see SOL plummet toward $105 and even $58 in a worst-case scenario, as suggested by Martinez’s extended downside target. Conversely, if SOL manages to reclaim $145 and push above $160, it could invalidate the bearish breakdown and pave the way for a recovery towards $200 and beyond. According to CoinMarketCap data , SOL is down 5.47% in the past 24 hours, trading at $130.75 at press time, with a daily low of $130.46. The Relative Strength Index (RSI) is hovering around 44.60, indicating that SOL is still in neutral territory but leaning toward bearish momentum. Moreover, Bollinger Bands (BB) show that the price is testing the middle band ($130) as support which could mean further downside pressure to the lower Band ($118) unless a reversal occurs soon. Social Sentiment vs. Market Reality Despite the negative technical signals, Solana’s social sentiment is at an all-time high. According to Santiment , institutional interest, influencer engagement, and technological advancements have fueled a wave of optimism across social media platforms. With major entities like GameStop integrating Bitcoin and BlackRock launching tokenized treasury funds on Solana, SOL has garnered an overwhelming 18:1 ratio of positive versus negative commentary online. Historically, extreme social optimism has often preceded market corrections, as excessive bullishness can lead to overleveraged positions and profit-taking by early investors. Just a month ago, Solana’s sentiment was at its lowest point in a year, following the collapse of the meme coin frenzy. 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.
South Korea’s Upbit Issues Warning Against HIFI: Token Tanks 10%
Key Notes Upbit issued an investment warning against HIFI, halting all deposits. HIFI’s value plunged 11% in the past 24 hours following the warning. The token was placed on DAXA's watchlist over transparency and sustainability concerns . South Korea’s leading crypto exchange, Upbit, has issued an investment warning against the HIFI token , suspending all deposits for the token. The move triggered an 11% drop in HIFI’s value over the past 24 hours, with its market capitalization shrinking to $41.95 million. South Korea's largest cryptocurrency exchange, Upbit, has issued an investment warning for the HIFI token. Currently, HIFI has been placed on the transaction watchlist by the Digital Asset eXchange Association (DAXA) and will suspend deposit services. https://t.co/o43UU0DWBk — Wu Blockchain (@WuBlockchain) March 28, 2025 The warning follows the addition of HIFI to the Digital Asset eXchange Association (DAXA) watchlist. It cited lack of transparency in business changes, unclear token distribution plans, and concerns over the project’s sustainability. Notably, DAXA, comprising South Korea’s five major crypto exchanges, Upbit, Bithumb, Coinone, Korbit, and Gopax, acts as a self-regulatory body that oversees potential risks in the market. Related article: South Korea to Sanction Multiple Crypto Exchanges for Operating Illegally The watchlist period, from March 28 to April 11, puts HIFI under strict scrutiny, with a possible delisting looming if no improvements are made. Governance Vote Fuels Market Concerns The caution notice appears to stem from HIFI’s recent governance vote, which took place between March 10 and March 17. During this period, token holders approved the issuance of an additional 25 million HIFI tokens, expanding the total supply from 146.25 million to 171.25 million. The new tokens will be gradually released over 21 months, starting in March 2025. The issuance aims to support HIFI’s upgrade to version 3 (v3) and extend its contract with the protocol’s developer. However, it has also raised fears of market dilution. At the time of writing, HIFI is trading at around $0.2958, marking a 25% decline over the past month. The token has plunged 75% over the last year. HIFI Price Outlook On the daily HIFI/USDT chart, the Bollinger Bands (BB) show the price dropping below the lower band, indicating oversold conditions. The downtrend appears strong with the price trading below the 20-day moving average ($0.3313). Meanwhile, the RSI sits at 32.38, approaching the oversold threshold. This suggests that while the token may experience a short-term bounce, the broader trend remains weak. Key resistance lies around $0.33 and bullish reversal would require a break above $0.35 to regain momentum. On the other hand, support lies at $0.29, which aligns with the recent low. A breakdown below this level could push HIFI further toward $0.25. 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.
Solana (SOL) Sentiment Goes Parabolic: 18x More Positive Comments Than Negative
Solana social sentiment hits rare 18:1 positive ratio, reports Santiment Surge linked to BlackRock’s fund using Solana GameStop/meme coin hype SOL price consolidates near $138, testing key 20-day EMA support level Solana (SOL) sees a significant surge in positive social media sentiment, reportedly driven by growing institutional adoption and a vibrant ecosystem hype cycle. With factors like BlackRock’s tokenized BUIDL fund utilizing the network and GameStop-related discussions boosting engagement, Solana’s position as a leading blockchain grows stronger. It currently ranks as the second-largest blockchain by Total Value Locked (TVL), holding approximately $6.8 billion. Santiment: SOL Social Sentiment Reaches Rare 18:1 Positive Ratio On-chain analytics platform Santiment reports Solana currently sees an unusually high 18-to-1 ratio of positive versus negative comments across major social media platforms. This strong enthusiasm, Santiment suggests, arises from tangible developments like BlackRock’s fund integration and high community engagement, partly linked to ongoing GameStop meme stock discussions that often spill into crypto circles. https://twitter.com/santimentfeed/status/1905045212055077134 Related: Solana’s “Breakout” Moment? Hackathon BlackRock Signal Growing Ecosystem Santiment data shows sentiment around SOL has spiked sharply, with social platforms reflecting widespread optimism about its role as institutions increasingly adopt blockchain solutions. Historically, Santiment notes, such sharp sentiment peaks often correlate with bullish price action for an asset. SOL Price Analysis: Consolidation Near Key Levels At press time (March 27, 2025), SOL trades around $137.96, sitting just above its 20-day Exponential Moving Average (EMA) near $136.57. However, following a 4.45% dip in the past 24 hours, SOL is actively testing this EMA level as immediate support. The price is also consolidating near the middle Bollinger Band (BB) around $130.94, with near-term resistance marked by the upper band close to $143.71. A decisive breakout above the $143.71 upper BB could potentially trigger a rally toward the $160 level, with further chart resistance possible near $180. Significant underlying support is seen near the $118.16 mark. The Relative Strength Index (RSI) currently hovers near 48.62, indicating neutral momentum; a cross above the 50 level might suggest renewed bullish strength favored by buyers. Related: Arthur Hayes’ Hot Take: Ethereum to $5,000 Before Solana Even Nears $300 If the extremely positive sentiment translates into sustained buying pressure, SOL could attempt to reclaim the $150 psychological level soon. Conversely, a drop below the $130-$131 mid-BB area could weaken the immediate bullish case, potentially leading to a retest of the $118 support. 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.
Linear Finance Announces Suspension of Operations: LINA Dumps 25%
Key Notes Linear Finance is closing its operations owing to financial troubles. The LINA token was recently delisted by Binance. Linear Finance said that its financial model became unsustainable over time. Linear Finance, a decentralized protocol that enables the instant creation of synthetic assets, has officially announced its decision to cease operations. This unexpected development has shocked the DeFi community, triggering a sharp sell-off in its native token, LINA, which has plummeted by 25% in the past 24 hours. Notice of Closure After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of… — Linear Finance (@LinearFinance) March 27, 2025 Meanwhile, according to the data from DefiLlama , the total value locked (TVL) of the protocol has crashed to a mere $79,521, significantly down from its peak levels above $32 million. The Collapse of Linear Finance In an official statement, Linear Finance confirmed that it had struggled to generate sustainable returns over the years, despite an initial period of profitability following its launch in 2019-2020. The project’s financial model, which relied on personal contributions from the project owner and token liquidations, became unsustainable over time. The final blow came from Binance’s recent decision to delist the LINA token, which wiped out 65% of its market capitalization. This delisting drastically reduced the project’s operational runway, leaving Linear Finance with no choice but to shut down. Market Reaction and LINA’s Price Plunge Following the announcement, LINA’s price has taken a steep dive, currently trading at $0.0005036, marking a 25% decline in the last 24 hours, as per CoinMarketCap data . The token’s market cap now stands at $5.03 million, while its 24-hour trading volume rose by 34.76% to $54 million, indicating panic-driven sell-offs. Technical indicators signal further bearish momentum for LINA. The Relative Strength Index (RSI) is at 22.45, deep in the oversold territory, suggesting extreme selling pressure with little immediate signs of recovery. The Bollinger Bands (BB) show that the price is close to the lower band ($0.00035), indicating strong downward momentum and a lack of buying interest at current levels. A failure to hold above this lower BB could result in another massive dump for the LINA token. 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.
Bitcoin Exchanges Supply Hits 7-Year Low, Whales Eyeing BTC Takeoff?
Key Notes Bitcoin supply on exchanges has hit a seven-year low, confirmed Santiment. Wallets with more than 10K BTC are on an accumulation spree, said Glassnode. Bitcoin is forming a bullish flag with a $90,000 price target, according to analysts . Bitcoin’s supply on exchanges has reached its lowest level in over seven years, signaling a shift in market sentiment that could have bullish implications. As institutional players and long-term holders move their BTC into self-custody, the available supply for selling continues to shrink, potentially setting the stage for a price increase in the coming days. Bitcoin Exchange Supply Drops to 7.53% According to Santiment, Bitcoin’s ratio of supply on exchanges has fallen to 7.53%, the lowest since February 2018. 💸 Bitcoin's ratio of supply on exchanges has officially dropped to as low as 7.53%, the lowest since February 20, 2018. The 7-year milestone reflects a continued trend of investors of crypto's top asset feeling comfortable 'hodling' for the long-term, regardless of short-term… pic.twitter.com/m7d6Yon5HR — Santiment (@santimentfeed) March 26, 2025 This milestone highlights a strong trend of accumulation and long-term holding, as investors opt to store BTC in cold wallets instead of keeping them on exchanges where they can be easily liquidated. Historically, declining exchange supply has coincided with bullish market conditions. With fewer BTC available for spot selling, the likelihood of sudden sell-offs decreases, reducing market volatility. Whales Leading the Accumulation Trend On-chain data from Glassnode confirms that Bitcoin whales–wallets holding over 10,000 BTC–are steadily accumulating. Whales holding >10K $BTC have pushed their Accumulation Trend Score above 0.5 – a clear sign of steady buying. On the cohort-level chart, they’re the only group showing decisive accumulation, while smaller holders are still net sellers. pic.twitter.com/szZDKTtMh9 — glassnode (@glassnode) March 26, 2025 The Accumulation Trend Score is now above 0.5, indicating that large holders are buying while smaller investors remain net sellers. #Bitcoin Accumulation Trend Score is now at 0.23 – the highest since Jan 4. That means, on average, larger entities are gradually shifting from distribution to accumulation. pic.twitter.com/hQDWs5ZfVT — glassnode (@glassnode) March 26, 2025 Since March 11, whales have added approximately 129,000 BTC to their holdings, marking the largest accumulation rate since August 2024. While current levels remain below December’s peak, the trend indicates further room for growth if accumulation continues at this pace. BTC Price Analysis As per CoinMarketCap data , Bitcoin is trading at $86,594.09 at press time, down 0.6% in the past 24 hours. The market leader is retesting support at the 20-day Exponential Moving Average (EMA) of $85,890, a key level that could dictate short-term momentum.Meanwhile, the Relative Strength Index (RSI) is at 50.04, suggesting that BTC is in neutral territory, neither overbought nor oversold. The gradient of the line suggests consolidation. Bitcoin is trading near the middle Bollinger Band (BB) at $84,215.26, with resistance at the upper band ($88,869.84) and support at the lower band ($79,560.68). A breakout above the upper band could push BTC toward the psychological resistance at $90,000.It is important to note that crypto analyst “Merlijn The Trader” noted that Bitcoin is forming a bullish flag with a massive target of $90,000, a significant 4% increase from current levels. BITCOIN BULL FLAG FORMING! The setup is clean, the breakout is near. pic.twitter.com/AbUPqNjm2n — Merlijn The Trader (@MerlijnTrader) March 27, 2025 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.
“You Have No Idea”: Analyst’s XRP Chart Hints at a Truly Massive Price Surge
Despite a slight recent dip, XRP has gained over 7% in the past week, indicating underlying market strength. Crypto analyst has identified a significant multi-year bull flag pattern, suggesting potential for a substantial price rally. Data indicates consistent accumulation of XRP by larger investors, supporting a positive future price outlook. XRP is currently trading at $2.43, down 1.08% in the last 24 hours. However, the cryptocurrency has shown significant strength over the past week, surging by more than 7%. Briefly holding the third position in the cryptocurrency market, XRP is now ranked fourth with a market capitalization of $141.7 billion, according to CoinMarketCap data. Is Investor Interest in XRP on the Rise? The latest Weekly Crypto Asset Flow report from CoinShares reveals that XRP saw net inflows of $6.7 million for the week ending March 21st. This positive flow into XRP investment products contrasts with the overall crypto market, which experienced net outflows of $548.8 million during the same period, suggesting increasing interest in XRP, potentially driven by ETF speculation. What Does a Bull Flag Pattern Suggest for XRP’s Price? Crypto analyst “Steph is Crypto” shared a chart highlighting a potentially very bullish future for XRP. The analysis points to a breakout from a multi-year bull flag pattern—a well-regarded technical indicator that often precedes significant price increases. In a tweet accompanying the chart, the analyst strongly implied a very high price target, stating: “I don’t even want to give you this #XRP price target You’re definitely not bullish enough..” In technical analysis, a bull flag pattern develops after a sharp initial price increase (the flagpole), followed by a period of consolidation where the price trades within a downward-sloping or sideways channel (the flag). A breakout above the upper trendline of the flag is typically interpreted as a signal that the prior uptrend will resume. Based on the height of the initial flagpole, the analyst projected a price target of $1,452.81 for XRP, a figure so high it prompted the reaction, ‘You’re definitely not bullish enough… Related: Bitcoin-Like Tech of Cardano vs. Ripple’s SEC Battle: 2025 Winner What Does Short-Term Price Action Suggest for XRP? Analysis of the Bollinger Bands (BB) on XRP’s daily chart shows the price consolidating between $2.07 and $2.60. The current price near the mid-band suggests neutral momentum in the immediate term. A decisive move above $2.60 could signal a continuation of the broader uptrend, while a drop below $2.07 might indicate short-term bearish pressure. Related: XRP Price Alert March 26th: Can Bulls Push Past $2.60 After Support Test? The Accumulation/Distribution (A/D) line for XRP currently stands at 73.89 billion, showing a consistent trend of accumulation. This metric indicates that larger investors and institutions are continuously buying XRP rather than selling, further supporting the possibility of a significant future price increase. 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.
TRUMP Meme Coin Skyrockets after Donald Trump’s Endorsement – Is the Rally Just Beginning?
Key Notes Donald Trump called TRUMP “the Greatest of them all”, via Truth Social. If $TRUMP successfully breaks and sustains above $12.50, the next target would be $17. The cryptocurrency has broken out of a falling wedge pattern on the 12-hour chart. The Official Trump TRUMP $11.49 24h volatility: 3.5% Market cap: $2.30 B Vol. 24h: $606.03 M meme coin has once again captured attention in the crypto market following a promotional push by the US President Donald Trump. His recent post on Truth Social , where he termed $TRUMP as “the Greatest of them all”, triggered a 7% price increase and reignited investor enthusiasm, shows the data from CoinMarketCap. Despite this increase in price, $TRUMP remains below the key resistance level at the 20-day Exponential Moving Average (EMA), as investors wonder if the meme token will be able to sustain the sudden rally after Trump’s support. $TRUMP Targets $TRUMP was launched on January 18 and quickly increased to a market capitalization above $30 billion, securing a spot in the top 50 cryptocurrencies. However, its trajectory has been overwhelmingly bearish, plummeting 86% from its all-time high and hitting a new low of $9.52 on March 11. After bouncing from this low, $TRUMP attempted to reclaim the $12.50 support level but failed, confirming it as resistance on March 23 with a long upper wick–usually a bearish signal. The current price sits around $12, trading near a long-term descending trendline. On the 12-hour chart, TRUMP/USDT has broken out of a falling wedge pattern, a formation that often signals a trend reversal. Source: TradingView Based on the measured move of the wedge, the breakout target is around $17, representing a potential 40% gain if momentum continues. However, this will depend on whether the price can sustain itself above $12.50 and the 20-day EMA at $11.67, which is acting as a strong resistance level. TRUMP Indicators The Relative Strength Index (RSI) on the 4-hour chart is at 57.95, suggesting neutral to bullish momentum. If the RSI climbs above 60, it could signal increased buying pressure but the gradient of the line suggests decreasing buying pressure. Source: TradingView The Bollinger Bands (BB) show that price is currently near the upper band, indicating overbought conditions. A rejection from this level may lead to a retest of $11.00 before another breakout attempt. Until $TRUMP reclaims the 20-day EMA and turns it into a support level, the signs of a new all-time high as a new quarter begins are low. 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.
Strategy (Formerly MicroStrategy) Buys Another 6,911 BTC: Bitcoin to Breach $90K?
Key Notes Bitcoin soared past $87,000 after Strategy bought 6,911 BTC for $584.1 million. The firm now holds a total of 506,137 BTC, acquired for approximately $33.7 billion. After weeks of underperformance, MSTR stock also reclaimed the $300 level. Market leading digital asset Bitcoin BTC $88 310 24h volatility: 0.1% Market cap: $1.75 T Vol. 24h: $31.07 B soared past the $87,000 mark, continuing its strong bullish momentum . One of the most notable developments in Bitcoin’s recent rally is the aggressive accumulation by Strategy (formerly MicroStrategy). The software company recently announced the acquisition of 6,911 BTC for $584.1 million at an average price of $84,529 per BTC. This purchase brings its total Bitcoin holdings to 506,137 BTC, acquired for approximately $33.7 billion at an average price of $66,608 per BTC. As a result, the firm now holds over 2% of Bitcoin’s total supply. The milestone has had a positive impact on the company’s stock (MSTR), which has rebounded alongside Bitcoin’s price. Nasdaq data shows that MSTR stock rose over 4% in pre-market trading, now priced around $318. The stock has also reclaimed the $300 level, marking a nearly 5% year-to-date (YTD) increase. It is important to note that Strategy is planning to raise up to $21 billion to further accelerate its Bitcoin treasury strategy. Network Activity and Rising Transaction Fees Ali Martinez, a popular crypto analyst, pointed out that Bitcoin transaction fees have nearly tripled over the past week. This increase in fees indicates heightened network activity, usually driven by increased on-chain transactions and demand for block space. #Bitcoin $BTC transaction fees have nearly tripled over the past week, signaling a spike in network activity! pic.twitter.com/pFWS8oiO4r — Ali (@ali_charts) March 24, 2025 Historically, rising transaction fees often coincide with strong price movements, as more users engage with the network. Moreover, a parody account of Michael Saylor humorously noted that Bitcoin whales have been accumulating at an aggressive pace. Whales are buying #Bitcoin like they’ve seen the future… and it’s bullish. pic.twitter.com/Eqf6L3yNzf — Michael Saylor ⚡ Founder of MicroStrategy (Parody) (@Saylorsatsire) March 24, 2025 The latest liquidity inventory chart from CryptoQuant supports this observation, showing a sharp increase in accumulator addresses’ demand. Source: CryptoQuant When large investors (whales) absorb liquidity, supply on exchanges diminishes, reducing selling pressure and potentially pushing prices higher. The accumulation suggests that BTC’s upward momentum could continue in the near term. Bitcoin Price Analysis Despite the overall bullish outlook, Martinez also warned that Bitcoin may be approaching a short-term top. The TD Sequential indicator, a tool used to time market trends, suggests that Bitcoin could face profit-taking pressure soon. If traders follow this signal, Bitcoin may see a temporary pullback before resuming its upward trajectory. After timing the recent bottom, the TD Sequential indicator now suggests #Bitcoin $BTC may be approaching a short-term top, hinting at potential profit-taking ahead. pic.twitter.com/3NZOsKfXr1 — Ali (@ali_charts) March 24, 2025 As of now, Bitcoin trades at $87,704.05 , up 3.11% in the past 24 hours. Trading volume has increased by 129.64%, indicating strong market interest, shows CoinMarketCap data. To assess Bitcoin’s future price trajectory, key technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands (BB) provide further insights. The Relative Strength Index (RSI) reads a value above 52, which means that the bulls are attempting to take over. The gradient of the line suggests a surge in demand. Source: TradingView The Bollinger Bands indicate that Bitcoin’s price is nearing the upper Bollinger Band, a resistance level at $90,343. A break above the upper Band could indicate continued bullish momentum. However, a rejection could lead to a pullback towards the middle Band at $84,565 and the lower Band at $78,788. 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.
Solana Traders Bullish as SOL Investment Products Record $6.4M in Inflows
Key Notes A whopping 78.82% of traders have turned bullish on SOL, holding long positions. The SOL options volume shot up 1,117% in the past 24 hours. Solana investment products recorded $6.4 million in inflows in the past week. Solana SOL $140.0 24h volatility: 6.3% Market cap: $71.54 B Vol. 24h: $4.95 B has captured the attention of traders and institutional investors alike, signaling a bullish trend after an 8% price increase in the past 24 hours. At press time, SOL trades at $143.3, substantially down from the 20-day EMA. On Binance Futures, a staggering 78.82% of traders currently hold long positions on SOL, as highlighted by crypto analyst Ali Martinez. CoinGlass data shows a massive 106% increase in SOL derivatives volume and an 1,117% surge in options. Rising derivatives activity is also a sign of increasing bullish sentiment on the SOL token, currently ranked as the sixth-largest digital asset. Institutional Interest Increases: $6.4M in Inflows According to CoinShares , Solana investment products recorded $6.4 million in inflows, while Ethereum ETH $2 071 24h volatility: 3.9% Market cap: $249.88 B Vol. 24h: $15.35 B faced $86 million in outflows. This significant shift indicates that institutional investors are reallocating capital towards Solana, possibly viewing it as a stronger alternative to Ethereum. Additional support for SOL came from inflows into Polygon and Chainlink, reinforcing a broader altcoin interest. Spot Solana ETF Approval The excitement around Solana is further fueled by Polymarket predictions , which place an 87% probability on the approval of a spot Solana ETF in 2025. Source: Polymarket United States President Donald Trump recently mentioned SOL among a select group of cryptocurrencies that could be included in the US crypto reserve. With a pro-crypto SEC operating with full focus, the likelihood of a Solana ETF gaining approval is improving. If realized, this could bring significant institutional money into the ecosystem, mirroring the success of Bitcoin ETFs. SOL Price Analysis According to the daily chart below, the Relative Strength Index (RSI) sits at 52.14, indicating that SOL is neither overbought nor oversold, leaving room for further upward movement. The gradient of the line indicates an increase in buying pressure as investors turn bullish. Source: TradingView Meanwhile, Bollinger Bands (BB) suggest that SOL is testing its upper band at $146.28, a crucial resistance level. A breakout above this could push SOL toward the $175–$200 range in the coming weeks. It is important to note that Trump even launched his very own meme token called the Official Trump TRUMP $11.77 24h volatility: 2.5% Market cap: $2.35 B Vol. 24h: $889.40 M token which currently trades at $11.89 with a market cap of $2.37 billion. The budding meme coin and stablecoin ecosystems on Solana could hold the key for further increase. 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.
BounceBit (BB) Gains Momentum Following Key Breakout – Is Wormhole (W) Gearing Up For A Similar Move?
Date: Sun, March 23, 2025 | 03:45 AM GMT The crypto market is showing minor signs of a rebound as Ethereum (ETH) bounces back with a 4% weekly gain, while a 0.71% decline in BTC dominance has given altcoins some breathing room after months of selling pressure. As sentiment gradually improves, altcoins like BounceBit (BB) and Wormhole (W) are starting to stir as well after facing a heavy correction over the past 90 days. Today, BB has gained strong momentum, surging by an impressive 15% and breaking out of a key technical pattern. Meanwhile, W’s 46% solid rise brings it to similar breakout price action to BB, positioning itself for a possible trend reversal. Source: Coinmarketcap BounceBit (BB) Breaks Out of Falling Wedge BB has successfully broken out of a falling wedge pattern, a formation typically seen as bullish. The token surpassed the upper trendline of the wedge around the $0.1188 range last week, signaling a shift in sentiment. BounceBit (BB) Daily Chart/Coinsprobe (Source: Tradingview) Following this breakout, BB is currently trading around $0.1565, testing key resistance at the 50-day moving average and the $0.1895 price zone. If BB maintains its bullish momentum, the next critical resistance lies around its 100-day MA and the $0.2907 price zone, which would represent an 84% increase from the current price. However, if the price faces rejection, a retest of the breakout level could provide a buying opportunity before further upside continuation. Wormhole (W) Prepares for a Potential Breakout W has been mirroring BB’s price movement, also trading inside a falling wedge pattern since its $0.4155 high on Dec 06. The token recently rebounded from the lower trendline support at $0.076 and is currently trading at $0.1239. Wormhole (W) Chart Daily Chart/Coinsprobe (Source: Tradingview) Now, W is approaching the upper resistance of the wedge, and a breakout with a retest could drive the price towards the next resistance at the 50-day moving average and the $0.1455 price zone. A decisive move beyond this zone could fuel a rally towards the upside resistance of $0.1898 and its 100-day MA, marking a potential 78% increase from current levels. Final Thoughts BB’s breakout has set the stage for a bullish continuation, while W is now at a critical decision point. If W follows a similar trajectory, traders could witness significant gains in the coming days. As always, market participants should closely monitor price action, volume confirmation, and key resistance levels before making investment decisions. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.
ADA Trading Volume Explodes, Whales Pile In: ADA Price Surge to $2 Around the Corner?
Large holders added 50 million ADA in 48 hours, following 190 million. Cardano’s Lace wallet is now multi-chain, supporting Bitcoin for the first time. Analyst suggests ADA could reach $2 if it closes above $1.15 daily. Cardano (ADA) is seeing a massive surge in trading volume and significant whale accumulation, even as its price remained relatively stable. Data shows a dramatic 63.84% jump in ADA’s 24-hour trading volume, reaching over $1.12 billion . Large ADA holders; whales, are actively increasing their stakes, adding over 50 million ADA just in the past 48 hours. This buying spree followed an earlier whale purchase of 190 million ADA just the day before. But even with all this activity, ADA’s price hasn’t moved much, which begs the question if all this whale activity can push ADA’s price up. Input Output Global (IOG), the company behind the Cardano blockchain, had announced that their Lace wallet is now multi-chain . So as it stays, Bitcoin is now integrated into the Cardano blockchain for traders adopting Lace wallet. What’s Holding ADA Back? Cardano’s price is currently in a holding pattern, primarily trading between $0.69 and 0.75. While the increase in whale activity and Lace’s new Bitcoin support are positive, the price of ADA has remained fairly flat. If the price breaks below the $0.69 support level, analysts suggest it might fall further, to around $0.57 or 0.60. Technical indicators provide some context. The Relative Strength Index (RSI) currently sits at 46.14, suggesting neutral momentum. The Bollinger Bands (BB) indicate the next resistance level to watch is 0.76, with stronger resistance at 0.93. At the time of this report, ADA trades at 0.71, down 1% over the last 24 hours. Related: “Winning” PEPE Whale Buys More as Binance Wallet Sees Heavy Traffic Cardano Investors Watch These Key ADA Price Levels Despite the recent price stagnation, signals suggest Cardano might break out soon. Current data indicates relatively low selling pressure on ADA, increasing the possibility of the price testing the resistance level at 0.75. Related: Will Altseason’s Promise Hold? Bitcoin’s Resistance and Altcoins’ Anxious Wait Crypto analyst Ali Martinez shared the above chart pointing that if Cardano closes above 1.15 on the daily chart, it will confirm a bullish right-angled descending wedge pattern. This pattern suggests a potential significant price surge, possibly driving ADA up to the $2 mark. 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.
Whales Buying Cardano (ADA) in Massive Numbers, Major Pattern Emerges?
Key Notes Cardano (ADA) whales bought a whopping 190 million ADA in the last 24 hours. The nearest resistance is at $0.746, reclaiming which could push ADA toward $0.80 and $0.85. ADA broke above the 50-week EMA at $0.668, which is now a key support level . Cardano (ADA) has seen significant whale accumulation and a promising collaboration with NASA, eyeing a massive price increase if the bulls step in and push prices higher. According to crypto analyst Ali Martinez, whales have purchased 190 million ADA in the last 24 hours, leading to a 2.24% price increase, pushing ADA to $0.7234 at press time and hitting a daily high of $0.746. Whales bought 190 million #Cardano $ADA in the last 24 hours! pic.twitter.com/sUZKGrEU51 — Ali (@ali_charts) March 20, 2025 The Relative Strength Index (RSI) reads a value of 47.67 while the gradient of the line suggests a potential retracement if buying pressure weakens. Meanwhile, the Bollinger Bands (BB) show that the nearest resistance is at $0.7869 while another major one is at $1.02. For future targets, Fibonacci retracement and extension levels map out critical price points. A breakout above $0.746 could push ADA toward $0.80 and $0.85, while a failure to sustain its current gains might see support at $0.705 before testing lower levels. Double-Top Formation: Bullish and Bearish Cases On the weekly chart, ADA faces the risk of a significant decline by June, with a potential 45% drop toward $0.39. This bearish outlook is driven by a double-top pattern, a classic reversal signal. The two peaks, marked at approximately $1.186, indicate strong resistance, with ADA struggling to push higher. The neckline support at $0.705 serves as a crucial level to watch. A breakdown below this mark could confirm the double-top pattern, increasing the likelihood of a sharp selloff. Plus, ADA is testing the 50-week exponential moving average (EMA) at $0.668, with the 200-week EMA at $0.545 providing deeper support. A close below these moving averages could accelerate selling pressure and confirm a longer-term bearish trend. However, if bulls defend the neckline at $0.705, ADA may attempt another breakout, challenging the $1.186 resistance. The market’s response at these levels will determine the direction of ADA’s next major move. Fundamental Developments Despite technical concerns, Cardano’s ecosystem continues to grow, with the Cardano Foundation confirming a collaboration with NASA . Frederik Gregaard, CEO of the Cardano Foundation, stated: “We’re working with NASA on track and trace, data provenance, and satellite data. $ADA can do Merkle Patricia Tries (MPTs); we put the entire Bitcoin protocol on #Cardano. Every single Bitcoin TX is automatically recorded.” JUST IN: Cardano Foundation CEO Frederik Gregaard says "we're working with NASA on track and trace, data provenance, and satellite data. $ADA can do Merkle Patricia Tries (MPTs); we put the entire Bitcoin protocol on #Cardano . Every single Bitcoin TX is automatically recorded." pic.twitter.com/DirclNCgq8 — Angry Crypto Show (@angrycryptoshow) March 15, 2025 Notably, the SEC dropped its lawsuit against Coinbase exchange, in which the agency mentioned ADA as an unregistered security. Regulatory clarity could benefit the altcoin’s price action while the data from Polymarkets shows that the chances of the approval of a spot Cardano exchange-traded fund (ETF) stands at 66% . 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.
Solana Bulls Charge: $140 Next After ETF Lifts SOL Above $135?
Solana shot up a massive 6% in the past day amid launch of Volatility Shares’ SOL ETF. Solana futures Open Interest soared to highest levels since October 2024, to $2.7 billion. The $94, $97, and $100 price levels collectively hold a whopping 3.5% of the SOL token’s supply. Solana (SOL) has seen a significant surge over the last 24 hours, surging 6% to reach $135, according to data from CoinMarketCap. This price rally comes as optimism builds around the upcoming launch of a Solana futures ETF by Volatility Shares, which is set to debut on Thursday. Why Has Investor Interest in Solana Spiked? As a result, investor interest has spiked, with daily trading volumes soaring by 74.71% to over $3.63 billion. Crypto analyst Ali Martinez pointed out on X that Solana’s futures Open Interest has climbed to $2.7 billion, levels not witnessed since October 2024. https://twitter.com/ali_charts/status/1902455787600932923 This resurgence in the derivatives market highlights increasing participation from both traders and investors. Related: Solana at 5: Impressive Growth, But Future Hinges on Firedancer Key Support Levels Holding Solana’s Price Insights from Glassnode reveal crucial price levels where Solana’s supply is concentrated. A significant support zone lies at $112.10, where a substantial 9.7 million SOL (1.67% of the total supply) is held. Notably, this level already contained 4 million SOL back on January 19th, indicating that long-term investors have been accumulating more at this price point. https://twitter.com/glassnode/status/1902346960796856446 Below this, the $94, $97, and $100 levels collectively hold nearly 21 million SOL (3.5% of supply), making them critical for preventing further downside. However, Glassnode cautions that if these levels were to break, the downside risk could increase sharply, as there’s relatively little trading volume in the range between $94 and $56. Resistance Levels Solana Needs to Conquer On the upside, recent price action has led to notable accumulation at $123 (16.2 million SOL, 2.7%) and $126 (19 million SOL, 3.2%). This demand could act as a cushion against further declines. Related: BNB Chain Now Tops Solana in DEX Trading, Price Jumps However, Glassnode highlights significant resistance at the current $135 level, where a considerable 26.6 million SOL is concentrated, and further up at $144, which holds an even larger 27 million SOL—nearly 5% of the total supply. Interestingly, the $144 level already held 20.6 million SOL on January 19th. What Do Technical Indicators Suggest About Solana’s Next Move? Analyzing the technical indicators, the Relative Strength Index (RSI) is currently at 45, placing SOL in the neutral to bullish territory, which suggests a potential for a price rebound. The Bollinger Bands (BB) indicate that price volatility is narrowing, often a precursor to an impending breakout. Additionally, the 20-day Exponential Moving Average (EMA) is currently at $137.37. For Solana to gain further upward momentum, it will need to reclaim this level. Until then, the 20-day EMA presents a significant resistance point for the SOL token. 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.
Shiba Inu (SHIB) Burn Rate Jumps 50,000% with Shib OS Launch
Key Notes A whopping 50,000% increase in SHIB burn rate was seen with 13 million tokens being burned. The Shibarium block count is nearing the 10 million mark with total transactions now being at $963 million. Shiba Inu team also recently launched the Shib OS for the Shibarium blockchain network. Shiba Inu SHIB $0.000013 24h volatility: 4.0% Market cap: $7.62 B Vol. 24h: $266.62 M , a prominent meme coin, saw an almost 50,000% increase in its burn rate alongside a rise in derivatives trading volume. Also, a significant milestone is approaching for its Layer-2 blockchain, Shibarium. Meanwhile, the meme token’s performance this cycle has remained disappointing as investors speculate if SHIB can reclaim its all-time high of $0.00008845. SHIB Burn Rate Increase The Shiba Inu burn rate skyrocketed by 49,552% in the past day, leading to the removal of 13,629,023 SHIB tokens from circulation. A total of 410.74 trillion Shiba Inu tokens have been burned since inception, according to data from Shibburn. While burning tokens reduces supply, the impact on price depends on demand. SHIB’s open interest increased by 2.85%, now standing at $123.68 million, indicating that traders are positioning themselves for a potential move. Coinglass data shows that the derivatives volume shot up 290.84% to $167.40 million. Shibarium Nears 10 Million Block Milestone Interestingly, the Shibarium block count–currently at 9,977,961–is nearing the 10 million mark, highlighting the network’s steady adoption and increasing on-chain activity. According to Shibariumscan , the total transactions are now at 963.74 million while total addresses have reached 171.43 million. Also, the daily transactions have rebounded to 2 million, up from 1.46 million on March 13 but still far from the February 15 peak of 4.64 million. Shib OS Launch The Shiba Inu team recently unveiled Shib OS, a decentralized operating system built on Shibarium to enable transparent governance and automation for governments, enterprises, and institutions. The OS includes decentralized identity and storage for user-controlled data. along with smart contract automation to reduce bureaucracy. Shib OS: The Future of Decentralized Governance Shib OS is a turnkey solution for governments and enterprises seeking to transition from outdated centralized models to transparent, efficient, and secure decentralized governance. Built on Shibarium, a scalable L2 blockchain, it… pic.twitter.com/T38vfPgBXA — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 13, 2025 It will also have an integrated DAO framework for transparent decision-making. and cross-chain compatibility for seamless integration. Finally, Shib OS will use fully Homomorphic Encryption (FHE) for enhanced security. Shiba Inu Price Analysis At the time of writing, SHIB is trading at $0.00001318, up nearly 2%, with a 179.55% increase in trading volume, CoinMarketCap data shows . According to the daily chart below, the Relative Strength Index (RSI) stands at 46.01, indicating a neutral-to-bearish sentiment. However, the gradient of the line suggests increasing buying demand for the meme token. Finally, SHIB is trading close to the middle Bollinger Band level ($0.00001308), indicating consolidation. A breakout above the upper BB level ($0.00001492) could indicate a bullish move, while a rejection may lead to a retest of support at $0.00001125. 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.
Solana Price News: SOL to $3,800? Bullish Cup and Handle Pattern Signals Major Surge
Key Notes Solana (SOL) has formed a bullish cup and handle pattern with a target of $3,800. SOL faces resistance at the 20-day exponential moving average (EMA) of $111.48. The proposal to reduce inflation on Solana (Proposal SIMD-0228) by 80% has failed. Solana SOL $132.5 24h volatility: 8.3% Market cap: $67.57 B Vol. 24h: $3.44 B has recently caught the attention of crypto market participants following the formation of a textbook cup-and-handle pattern, a bullish technical structure that suggests an incoming bullish move. According to crypto analyst Ali Martinez, if this pattern completes successfully, SOL could be on track to reach an overwhelming target of $3,800. #Solana $SOL is shaping up into a textbook cup-and-handle pattern! If confirmed, this setup could propel it toward $3,800. pic.twitter.com/4ZctNPwijp — Ali (@ali_charts) March 14, 2025 SOL Cup and Handle Formation The cup-and-handle formation, as seen in the chart below, is a long-term reversal pattern that typically leads to explosive breakouts when confirmed. The cup represents a rounded consolidation phase, showing that selling pressure has diminished over time. The handle, a smaller downward consolidation, shakes out weak hands before the breakout. By measuring the depth of the cup and extrapolating it from the breakout point, analysts derive the ambitious $3,800 target. However, such a move depends on various factors, including the approval of spot Solana ETFs and institutional adoption of SOL. Solana (SOL) Price Analysis According to CoinMarketCap , Solana is trading at $125.25, gaining a mere 1% in the last 24 hours. However, short-term indicators suggest that SOL remains in a corrective phase. The 20-day Exponential Moving Average (EMA) stands at $141.82 and is a key resistance level for the SOL token. Also, the Bollinger Bands (BB) show that SOL is approaching the lower band ($111.48), which is the nearest support level for the sixth-largest digital asset. On the other hand, the Relative Strength Index (RSI) sits at 37.20, just above the oversold threshold of 30. If SOL maintains current levels or sees a slight dip, a bounce could occur as buyers could step in at these relatively low prices. A retest of the 20-day EMA at $141.82 would be an early confirmation of a reversal, while breaking past $168.20 (upper Bollinger Band) could indicate a continuation of the uptrend. Rejection of SIMD-0228 The failure of Solana’s Proposal SIMD-0228 has added an extra layer of uncertainty to SOL’s trajectory. The proposal, presented by Multicoin Capital, sought to adjust Solana’s inflation model from a fixed pattern to a floating one while also modifying the inflation rate based on the staking rate. Related article: Solana Transfer Volume Hits $3B for First Time Since September 2024: SOL Rally Begins? However, the proposal fell short, receiving only 43.6% approval instead of the required two-thirds majority. BREAKING: SOLANA SIMD-0228 PROPOSAL TO INTRODUCE A MARKET-DRIVEN EMISSION MODEL HAS FAILED pic.twitter.com/4FHof9b71z — DEGEN NEWS (@DegenerateNews) March 14, 2025 With the inflation model remaining unchanged, Solana continues to issue staking rewards at a fixed rate, which some critics argue contributes to unnecessary sell pressure. According to Coin Metrics , Solana’s inflation rate is currently 4%, down from an initial 8%, but still above the long-term target of 1.5%. 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.
Exciting News: BounceBit Revolutionizes Crypto with Tokenized Apple, Amazon, and Nvidia Stocks
Get ready for a groundbreaking leap in the crypto world! BounceBit (BB), the innovative Bitcoin restaking chain project, is set to redefine how we interact with both crypto and traditional finance. In an exciting announcement on X, BounceBit unveiled its plans to dramatically expand its tokenized securities offerings. Prepare to trade tokenized versions of tech giants like Apple (AAPL), Amazon (AMZN), and Nvidia (NVDA) directly on the blockchain. This move is poised to bridge the gap between traditional stock markets and the burgeoning world of decentralized finance, offering unprecedented opportunities for crypto enthusiasts and traditional investors alike. Unlocking Opportunities with Tokenized Stocks: What’s the Buzz About? Tokenized stocks are essentially digital representations of traditional stocks, issued on a blockchain. Think of them as crypto versions of your favorite company shares. Each token represents a fraction or a whole share of stock, allowing for fractional ownership and easier trading within the crypto ecosystem. BounceBit’s decision to introduce tokenized Apple, Amazon, and Nvidia stocks is a game-changer because it: Democratizes Access to Stocks: Traditionally, investing in stocks can be complex and involve brokers, exchanges, and geographical limitations. Tokenized stocks on platforms like BounceBit break down these barriers, making it easier for anyone with crypto to participate in the stock market. Enables 24/7 Trading: Unlike traditional stock exchanges with set trading hours, crypto markets operate around the clock, 365 days a year. On-chain trading of tokenized stocks means you can buy and sell your favorite tech stocks anytime, anywhere. Enhances Liquidity: By bringing traditional assets onto the blockchain, tokenization can significantly increase liquidity. Crypto markets are known for their fast-paced nature, and tokenized stocks can benefit from this dynamic environment. Offers Portfolio Diversification: Crypto investors can now seamlessly diversify their portfolios by adding exposure to established companies like Apple, Amazon, and Nvidia, without leaving the crypto ecosystem. This blend of traditional and crypto assets can potentially balance risk and reward. BounceBit: Pioneering Crypto Stocks and Restaking Innovation BounceBit is not just another crypto platform; it’s a Bitcoin restaking chain focused on building a robust infrastructure for various crypto applications. Its core innovation lies in Bitcoin restaking, which allows users to earn yields not just from staking their Bitcoin but also by restaking it to secure other networks and services. Introducing tokenized stocks is a natural extension of BounceBit’s vision to create a more versatile and interconnected crypto ecosystem. Here’s why BounceBit is uniquely positioned for this venture: Bitcoin Restaking Foundation: Built on the security and credibility of Bitcoin, BounceBit provides a solid foundation for launching innovative financial products like tokenized stocks. Restaking enhances the utility of Bitcoin and opens up new avenues for yield generation. BB Tokens as Collateral: A key highlight of this announcement is that BounceBit’s native BB tokens will be usable as collateral for trading these tokenized stocks. This integration deepens the utility of BB tokens and incentivizes holding and using them within the BounceBit ecosystem. Focus on Institutional Grade Infrastructure: BounceBit is designed with institutional adoption in mind, aiming to bridge the gap between traditional finance and DeFi. Offering tokenized stocks of blue-chip companies like Apple, Amazon, and Nvidia aligns with this institutional focus, attracting a broader range of investors. Expanding DeFi Use Cases: By incorporating tokenized stocks, BounceBit is expanding the use cases for DeFi beyond typical crypto assets. This move can attract users from traditional finance to explore the benefits of decentralized platforms and crypto trading. Why Apple, Amazon, and Nvidia? The Power Trio of Crypto Stocks The choice of Apple, Amazon, and Nvidia for BounceBit’s initial crypto stocks offerings is strategic and compelling. These companies represent: Market Dominance: Apple, Amazon, and Nvidia are not just household names; they are titans in their respective industries, leading in technology, e-commerce, and semiconductors. Their stocks are highly sought after globally. Growth Potential: Despite their size, these companies continue to demonstrate strong growth potential, making them attractive long-term investments. Exposure to these stocks through tokenization offers a way to participate in their continued success within the crypto space. Investor Familiarity: These are companies that most investors, both traditional and crypto, are familiar with and understand. This familiarity reduces the barrier to entry for those hesitant to explore new crypto assets, making tokenized stocks a more approachable entry point. Diversification within Tech: While all tech companies, Apple, Amazon, and Nvidia represent diverse segments within the technology sector – consumer electronics, cloud computing, and AI/semiconductors respectively, offering varied exposure to different tech trends. Company Ticker Industry Why Tokenized on BounceBit? Apple AAPL Consumer Electronics Global brand recognition, stable growth, and high investor demand. Amazon AMZN E-commerce & Cloud Computing Dominant in online retail and cloud services, strong growth trajectory. Nvidia NVDA Semiconductors & AI Leader in AI chips, high growth potential in booming AI sector. Navigating the Landscape of On-Chain Trading: What to Consider? While the introduction of tokenized stocks and on-chain trading presents exciting opportunities, it’s important to be aware of certain aspects: Regulatory Landscape: The regulatory environment for tokenized securities is still evolving globally. Users should be mindful of the legal and compliance aspects in their jurisdiction. Platform Risk: While BounceBit aims for robust security, users should always understand the risks associated with any crypto platform, including smart contract risks and platform-specific vulnerabilities. Volatility: Both crypto markets and stock markets can be volatile. Tokenized stocks will be subject to market fluctuations in both domains. It’s crucial to understand the risks involved and invest responsibly. Custodial vs. Non-Custodial Options: Understand whether BounceBit offers custodial or non-custodial options for holding and trading tokenized stocks. Your choice will depend on your comfort level with managing your own private keys and security. Restaking and Tokenized Stocks: A Synergistic Approach BounceBit’s unique approach of combining restaking with tokenized stocks creates a powerful synergy. Here’s how: Enhanced Yield Opportunities: Users can potentially earn yields from Bitcoin restaking while also participating in the price movements of tokenized stocks. This dual-yield potential is a compelling proposition. Increased BB Token Utility: Using BB tokens as collateral for trading tokenized stocks increases the demand and utility of the BB token, potentially benefiting the BounceBit ecosystem as a whole. Attracting Diverse Users: This combination can attract both crypto-native users seeking yield and traditional investors looking for exposure to stocks in a decentralized environment. Building a Comprehensive DeFi Platform: By integrating restaking and tokenized stocks, BounceBit is moving towards becoming a more comprehensive DeFi platform, offering a wider range of financial services within the crypto space. The Future of Crypto Stocks and Decentralized Finance BounceBit’s move to introduce tokenized Apple, Amazon, and Nvidia stocks is more than just adding new assets to trade. It signifies a significant step towards the convergence of traditional finance and decentralized finance. This development has the potential to: Accelerate Crypto Adoption: By offering familiar assets like stocks in a crypto format, platforms like BounceBit can make crypto more accessible and appealing to a wider audience, including those hesitant to invest in purely crypto-native assets. Drive Innovation in DeFi: The integration of tokenized traditional assets can spur further innovation in DeFi, leading to new financial products and services that bridge the gap between the old and new financial worlds. Shape the Future of Investing: Tokenized stocks could become a mainstream way to invest, offering greater accessibility, efficiency, and global reach compared to traditional stock markets. In conclusion, BounceBit’s introduction of tokenized Apple, Amazon, and Nvidia stocks marks an exciting evolution in the crypto space. It’s a bold step towards creating a more interconnected and accessible financial future, where the lines between traditional and decentralized finance become increasingly blurred. Keep an eye on BounceBit as they continue to pioneer innovative solutions and shape the landscape of crypto investing. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Bitcoin ETF Inflows: A False Dawn Before a Price Correction—Price Analysis
If global liquidity trends hold, Bitcoin could challenge $95,000 in the coming weeks. At the $95,000 price level, 1.2 million investors hold 726,000 BTC. Bitcoin ETFs recorded a substantial $13.33 million in inflows on March 12. Bitcoin spot ETFs saw a return of inflows on March 12, with $13.33 million net positive, but analysts warn that a key resistance level could trigger a sharp price correction. This inflow doesn’t paint the full picture . Ethereum spot ETFs continued to struggle, posting net outflows of $10.40 million for the sixth consecutive day. Since inception, the cumulative total net inflow across Bitcoin ETFs stands at an impressive $35.42 billion. Mixed Signals: ETF Flows vs. Analyst Warnings Digging into the numbers, ARK 21Shares Bitcoin ETF (ARKB) led the inflows with $82.60 million, while BlackRock’s iShares Bitcoin ETF (IBIT) experienced outflows of $47.05 million. Grayscale’s GBTC ETF also saw $11.81 million in outflows. This mixed bag suggests strong, but cautious, institutional interest in Bitcoin. The intensifying global tariff war under United States President Donald Trump has heightened concerns about an impending US recession. On March 10, the US stock market suffered a “Black Monday” event, with major indices tumbling. Related: Standard Chartered: Bitcoin Correction Linked to Stock Market Dip The Dow Jones Industrial Average fell 2.08%, dropping nearly 900 points, while Nasdaq dropped 4%. Also, the SP 500 declined 2.7% This downturn also extended to the crypto market, with Bitcoin plunging below $77,000 to a low of $76,560 on Monday. However, Bitcoin has since rebounded, reaching a daily high of $84,358.58 within the past 24 hours, as per CoinMarketCap data. Bitcoin’s Price: Key Levels to Watch At press time, BTC trades at $82,963.17, a 2% increase in the past day. The Relative Strength Index (RSI) sits at 40.67, suggesting Bitcoin is near oversold territory, but not yet signaling a strong reversal. The Bollinger Bands (BB) tell a similar story. Bitcoin’s upper resistance is around $96,624, while lower support is near $77,638. The middle BB line at $87,131 acts as a key pivot. The biggest supply barrier for #Bitcoin is at $95,000, where 1.2 million investors hold 726,000 $BTC . pic.twitter.com/1SFTiapxcY — Ali (@ali_charts) March 13, 2025 Related: Bitcoin at $82K: Analysts flag $75K support, a break could trigger a fall to $63K But according to crypto analyst Ali Martinez, Bitcoin could surge by mid-April if global liquidity expansion continues, following historical trends. But first, he warns, Bitcoin must smash through a major resistance barrier at $95,000 – a level where 1.2 million investors hold 726,000 BTC. 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.
XRP’s 3% Surge: A Bullish Bounce Igniting Hopes of a Significant March 13 Breakout
XRP’s 3% rise and bullish bounce suggest a potential short-term price rally on March 13 Key support at $1.92 holds for now, increasing the chance of a move towards resistance Franklin Templeton’s XRP ETF interest hints at continued institutional support XRP has experienced a noticeable 3% surge in the past 24 hours, currently trading at $2.14 after briefly touching $2.24. However, uncertainty continues to shake investors’ confidence. The price action coincides with major developments in the crypto market, as Franklin Templeton has confirmed plans to launch a spot XRP exchange-traded fund (ETF), signaling growing institutional interest beyond Bitcoin. Institutional Interest and Regulatory Hurdles Franklin Templeton’s move follows its Solana ETF filing last month, consistent with asset managers’ increasing efforts to secure regulatory approval for crypto-related funds. However, the United States Securities and Exchange Commission (SEC) remains cautious , delaying decisions on multiple spot cryptocurrency ETFs, including XRP, Solana, Litecoin, and Dogecoin. The next review date is set for May. It’s crucial to understand that if approved, these investment products could introduce significant liquidity and demand, potentially driving prices higher. Related: Ripple CTO David Schwartz on XRPL: KYC Tussle and Decentralization Financial commentator Patrick Bet-David stated that XRP has the potential to reach $1,000 if it captures a significant share of SWIFT’s global payment volume . SWIFT processes around $5 trillion daily, or $1.24 quadrillion annually. Bet-David estimates that if the XRP Ledger processes just 5% of SWIFT’s volume, XRP’s price could climb to $100, with further upside if adoption increases. XRP Price Analysis: Potential Short-Term Bounce The Relative Strength Index (RSI) currently sits at 42.96, indicating that XRP has yet to confirm a strong bullish reversal. A push above 50 would signal stronger buying momentum, while a drop below 40 could lead to further downside. Related: XRP Price Prediction March 12: Can Regulatory Clarity Win Help the Token Defy Downturn? XRP Price Prediction March 13 However, the Bollinger Bands (BB) show XRP trading near the lower band at $1.92, suggesting that it is approaching a potential support zone. Historically, a bounce from this level could trigger a short-term rally toward the middle band at $2.35 and, if bullish momentum builds, toward the upper band at $2.78. A break above $2.35 would confirm a bullish continuation, while a drop below $1.92 could push prices lower. 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 Cash (BCH) Price Prediction 2025-2030: Future Outlook, Growth Potential & Market Trends
Bitcoin Cash is expected to trade between $430 and $520 in 2025, with key resistance at $400-$420 determining future price movement. A breakout above $400 could push BCH towards $500+, while failing to hold above $360-$380 may lead to consolidation. The $300-$320 support zone remains crucial, as a breakdown below could indicate further downside risk. Bitcoin Cash (BCH) is a cryptocurrency that emerged from a hard fork of Bitcoin on August 1, 2017. This split was primarily driven by differing opinions within the Bitcoin community regarding scalability solutions. While Bitcoin maintained a block size limit of 1 MB, Bitcoin Cash increased this limit to 8 MB at its inception, and later to 32 MB in May 2018, allowing for more transactions per block and aiming to reduce transaction fees and confirmation times. The larger block size in Bitcoin Cash enables the network to process more transactions per second compared to Bitcoin, aligning with its goal to function as a peer-to-peer electronic cash system. However, this approach has led to debates about the potential for increased centralization, as larger blocks require more storage and bandwidth, potentially limiting participation to those with more substantial resources. In November 2018, Bitcoin Cash underwent another split, resulting in two separate cryptocurrencies: Bitcoin Cash (BCH) and Bitcoin Satoshi Vision (BSV). This division stemmed from disagreements over technical updates and the future direction of the network. As of December 2024, Bitcoin Cash continues to be recognized and utilized within the cryptocurrency space. For instance, Frankenmuth Credit Union expanded its cryptocurrency offerings to include Bitcoin Cash, among others, reflecting a growing acceptance and integration of BCH into various financial platforms. Overall, Bitcoin Cash represents an alternative vision to Bitcoin, focusing on increasing transaction capacity to serve as a more efficient medium of exchange. Its development and adoption continue to evolve, contributing to ongoing discussions about scalability, decentralization, and the future of digital currencies. Table of contents Bitcoin Cash (BCH) Price Prediction 2025-2030 Overview Bollinger Band Analysis for Bitcoin Cash (BCH) MACD Analysis for Bitcoin Cash (BCH) Relative Strength Index (RSI) Analysis for Bitcoin Cash (BCH) Support and resistance levels for Bitcoin Cash (BCH) Bitcoin Cash (BCH) 2025 Price Prediction Analysis Key Factors Influencing Price in 2025 Bitcoin Cash (BCH) Price Prediction for 2026 Bitcoin Cash (BCH) Price Prediction for 2027 Bitcoin Cash (BCH) Price Prediction for 2028 Bitcoin Cash (BCH) Price Prediction for 2029 Bitcoin Cash (BCH) Price Prediction for 2030 FAQs Bitcoin Cash (BCH) Price Prediction 2025-2030 Overview Year Minimum Price Average Price Maximum Price 2025 $430 $460 $520 2026 $620 $650 $760 2027 $920 $950 $1,100 2028 $1,320 $1,360 $1,580 2029 $1,830 $1,900 $2,270 2030 $2,770 $2,860 $3,230 Bollinger Band Analysis for Bitcoin Cash (BCH) Bitcoin Cash (BCH) price chart (Source: TradingView ) Bollinger Bands are used to measure volatility and identify potential breakouts or reversals. In the first chart, the Bollinger Bands (BB) are plotted with a 20-period simple moving average (SMA) as the midline, while the upper and lower bands are set at two standard deviations away. Currently, BCH appears to have experienced increased volatility as indicated by the widening of the Bollinger Bands in previous months, particularly around December and January, when a sharp upward movement led to an overextended position near the upper band. Following this, price retraced, breaking below the midline (SMA), and has since been trading closer to the lower Bollinger Band. Recently, price touched the lower band and has bounced upward, suggesting a potential mean reversion or a short-term relief rally. The most recent candlesticks show a price rejection from the lower band, indicating that BCH might be attempting to stabilize. However, the midline at around $332.53 acts as a near-term resistance, and a break above it would suggest further upside potential. Conversely, another test of the lower band near $266.50 could indicate a breakdown with increased selling pressure. MACD Analysis for Bitcoin Cash (BCH) Bitcoin Cash (BCH) price chart (Source: TradingView ) The MACD indicator helps in identifying trend direction and momentum shifts. Currently, the MACD line (12,26) is at 3.87, while the signal line is at 3.28, with a histogram reading of -0.60. Previously, BCH experienced strong bullish momentum as seen in the positive MACD crossovers in November and December, where the MACD line remained above the signal line, confirming bullish momentum. However, the late-January bearish crossover marked the start of a downtrend, leading to extended selling pressure. Currently, MACD is in a phase of potential reversal, as the histogram has moved closer to zero, suggesting that bearish momentum is weakening. However, the MACD line remains slightly above the signal line, indicating a neutral-to-slightly-bullish setup. If MACD sustains a positive crossover, it could confirm a continuation of the recovery trend. Traders should monitor whether the MACD line continues rising above the signal line, which could indicate the start of a new bullish cycle. Relative Strength Index (RSI) Analysis for Bitcoin Cash (BCH) Bitcoin Cash (BCH) price dynamics (Source: TradingView ) The RSI chart provides insights into momentum and overbought/oversold conditions. The RSI (14) is currently at 47.70, which is close to the neutral 50-level, suggesting a balanced market with no strong bullish or bearish bias. Historically, BCH saw RSI moving into overbought levels above 70 during the December 2024 price surge, followed by a strong selloff that pushed RSI below 30, marking oversold conditions in February 2025. The recent recovery has pushed RSI towards the mid-range, suggesting that selling pressure has weakened, but bullish strength remains uncertain. A sustained RSI move above 50 would indicate a strengthening bullish trend, with potential upside momentum. However, if RSI drops below 40, it could confirm further weakness and signal a retest of recent lows. Traders should watch for a breakout above 50, which could validate an uptrend towards 60-65, while failure to hold the 45-40 range could trigger another downward move. Support and resistance levels for Bitcoin Cash (BCH) Bitcoin Cash (BCH) price chart (Source: TradingView ) The support and resistance levels are identified using trendlines, price action, and previous reaction zones. Support Levels: $266 – $275 Zone: This is the lower Bollinger Band region, which acted as a strong support in the past. A break below this could lead to a major decline. $300 – $310 Zone: This was the previous accumulation zone before BCH attempted a breakout. If price consolidates above this, it could form a strong base for a potential rally. Resistance Levels: $332 – $340 Zone: The midline of the Bollinger Bands and a key level from previous price action. BCH needs to clear this level to confirm a short-term bullish trend. $398 – $400 Zone: This is the upper Bollinger Band and also a strong resistance zone where price previously failed to sustain a breakout. $420 – $450 Zone: The major resistance level that aligns with the trendline breakout from previous highs. A successful breakout above $340 could drive BCH towards $398-$400, while a rejection from this region could result in a retest of $300-$310 support. The $266 level remains a crucial downside threshold; a breakdown below this could signal extended bearish pressure. Bitcoin Cash (BCH) 2025 Price Prediction Analysis Bitcoin Cash (BCH) price analysis 2025 (Source: TradingView ) Bitcoin Cash (BCH) is currently exhibiting a consolidation phase with price action interacting around key exponential moving averages (EMAs). The EMA 20 (343.64), EMA 50 (359.69), EMA 100 (384.51), and EMA 200 (394.14) indicate that BCH remains in a recovery phase but is yet to break above major resistance levels. The presence of a downward trendline suggests that a breakout above $394-$400 would be necessary for a bullish continuation toward the $500+ range in 2025. Minimum Price: $430 – Given BCH’s current structure, the downside risk remains limited above the $300-$320 support zone, with $430 acting as the lower bound if market sentiment weakens. Average Price: $460 – Based on EMA trends and historical price action, BCH is expected to trade around this level for most of the year. Maximum Price: $520 – If BCH successfully breaks above resistance at $400-$420, it could test the $500-$520 range, aligning with historical breakout zones. Key Factors Influencing Price in 2025 EMA Structure & Trendline Resistance: BCH must sustain levels above $360-$380 to confirm bullish momentum. Failure to hold these levels could lead to sideways movement. Breakout Confirmation: A decisive move past $400-$420 would signal a trend reversal, opening the path to $500+. Market Sentiment & Bitcoin Correlation: BCH’s trajectory is closely tied to Bitcoin’s overall market cycle. A bullish Bitcoin market could drive BCH towards the upper price targets. Macroeconomic Factors & Adoption: Increased institutional interest and BCH’s role in peer-to-peer transactions could enhance long-term valuation. Bitcoin Cash (BCH) Price Prediction for 2026 Bitcoin Cash is expected to gain momentum in 2026, supported by a recovering crypto market and increased adoption of blockchain-based payment solutions. The price is projected to trade within the $620-$760 range, with $650 as the average level. If Bitcoin follows a bullish trajectory, BCH could benefit from renewed investor confidence and a potential rally past $700. However, maintaining support above $600 will be crucial for sustained growth. Bitcoin Cash (BCH) Price Prediction for 2027 By 2027, Bitcoin Cash may experience significant price appreciation, with forecasts placing it between $920 and $1,100. If BCH sustains higher transaction volumes and adoption in the payments industry, it could solidify its position above the $950 mark. However, market corrections and macroeconomic factors could introduce volatility, making $900 an important support level for maintaining bullish sentiment. Bitcoin Cash (BCH) Price Prediction for 2028 Bitcoin Cash is likely to enter a stronger growth phase by 2028, with price predictions ranging between $1,320 and $1,580. As the global crypto market matures, BCH’s scalability and use case as a peer-to-peer payment system could drive demand. The ability to break past $1,500 will be key in determining whether BCH can enter a long-term bullish phase. Any pullbacks should ideally find support near $1,300 for stability. Bitcoin Cash (BCH) Price Prediction for 2029 With a projected price range of $1,830-$2,270, BCH could see a surge in demand as mainstream crypto adoption increases. The market may witness increased integration of cryptocurrencies into financial services, potentially pushing BCH past $2,000. However, price swings will depend on market cycles and investor sentiment, with $1,900 acting as a key pivot level. Sustained bullish trends could set the stage for further upside. Bitcoin Cash (BCH) Price Prediction for 2030 By 2030, Bitcoin Cash may establish itself as a widely accepted digital currency, with prices expected to reach $2,770 to $3,230. If institutional interest grows and BCH continues to be used in global transactions, it could surpass $3,000. However, the long-term trajectory will be influenced by regulatory developments and technological advancements in the blockchain space. Holding above $2,800 will be a strong indicator of further bullish momentum. FAQs What is the expected Bitcoin Cash (BCH) price in 2025? Bitcoin Cash is projected to trade between $430 and $520 in 2025, with an average price of $460. What factors could influence BCH price in 2025? Key factors include market sentiment, Bitcoin’s price cycle, institutional adoption, and resistance breakouts above $400-$420. Will BCH break above $500 in 2025? If BCH clears $400 resistance and maintains bullish momentum, it could test the $500-$520 range by year-end. What is the lowest price BCH could reach in 2025? Based on historical trends, the lowest BCH price in 2025 could be around $430, assuming strong market support. Is Bitcoin Cash a good investment for 2025? BCH’s scalability, transaction speed, and potential adoption growth make it a promising asset, though price depends on broader market conditions. Can BCH reach $1,000 by 2025? Based on projections, BCH is unlikely to hit $1,000 in 2025, but long-term growth beyond 2027-2028 could push it toward that level. What resistance levels should BCH surpass for an uptrend? Key resistance levels are $340, $398-$400, and $420-$450, which BCH needs to break to confirm a strong uptrend. What are the major support levels for BCH in 2025? The $300-$320 zone is critical, with stronger downside support near $266-$275, aligned with past price action. How does BCH compare to Bitcoin in terms of price growth? While Bitcoin remains dominant, BCH focuses on transaction efficiency. Its price is lower but could follow Bitcoin’s long-term uptrend. What is the potential return on investment (ROI) for BCH in 2025? If BCH reaches $520 from a low of $430, the potential ROI could be 34%, assuming a positive market cycle. 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, Nasdaq Plunge with Yen’s Rise; Overstretched Yen Could Signal Reversal
Nasdaq and BTC crashed amid increase in Japanese government bond yields. A similar pattern was seen last year when the USD/JPY pair rebounded following its decline to 140. Nasdaq and Bitcoin could regain strength if money is rotated from JPY to risk assets. Nasdaq and Bitcoin (BTC) both got hammered in recent weeks, just as Japanese government bond yields climbed and the Japanese yen (JPY), often seen as a safe haven, gained strength. This market action looks a lot like what happened in early August, raising the question of whether we’ll see a similar outcome. Historically, the low-yielding yen has been a source of support for global asset prices, so its recent jump could be behind the latest wave of risk aversion hitting both crypto and stock markets. Yen Rally Looks “Too Far, Too Fast” However, this bullish run for the Japanese yen might be overdone. Data from the Commodity Futures Trading Commission (CFTTC), tracked by MacroMicro , shows that bets for the yen (speculative long positions) hit a record high last week. Often, when everyone piles on one side of a trade, it sets up a reversal. Traders start closing out those crowded positions, and that can cause a quick drop in the asset’s price. Related: Crypto Prices Extend Decline: Investor Jitters as Bitcoin Cracks $80K This suggests the yen’s upward climb might be losing steam, which could be good news for riskier assets like Bitcoin and the Nasdaq. Morgan Stanley’s G10 FX Strategy team said something similar late Friday, warning against expecting more yen strength. They pointed to the “stretched” bets on the yen and strong interest from Japanese investors to buy on dips. Japanese Investors May Limit Yen’s Rise The team explained that many Japanese investors use the Nippon Individual Savings Account (NISA) to buy foreign assets when markets get shaky, which can slow down the yen’s rise. Plus, Japan’s public pension system tends to push back against market trends by selling yen-denominated assets when the yen gets too strong. “Indeed, such a scenario occurred last August after a sharp appreciation of the JPY and a pronounced sell-off in equities,” strategists noted. If history does repeat itself, Nasdaq and Bitcoin could bounce back as traders dump yen and jump back into risk assets. History Suggests Rebound for Bitcoin, Nasdaq: Analysis As of now, Bitcoin trades at $80,945.10, down slightly – 0.41% – in the last 24 hours. However, trading volume has skyrocketed, up 50.78% to $60 billion, showing a lot more activity in the market. Technical Analysis Hints at Potential Bitcoin Bounce Looking at the chart below, the Bollinger Bands (BB) indicate Bitcoin is testing the lower band. This often suggests an asset is oversold. The 20-day Exponential Moving Average (EMA), around $87.7K, could act as resistance if BTC tries to rebound. Related: Crypto Market Crash: Bitcoin Dumps as Trump’s “Strategic Reserve” Backfires But, if Bitcoin breaks decisively above this EMA, it could make a run towards the upper Bollinger Band limit, near $99.5K. 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.
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