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.
Despite Losing Share to Aster, Hyperliquid Still ‘Most Investible,’ Analyst Says
The perpetual futures decentralized exchange (perp DEX) sector has seen unprecedented growth in the past few months, with monthly trading volumes surpassing $1 trillion for the first time in September 2025. Aster has captured the majority of this activity, even surpassing established players like Hyperliquid. Despite this, one analyst maintains that Hyperliquid remains the ‘most investible’ perp DEX in the market. Hyperliquid vs. Aster: Why an Expert Still Favors Hyperliquid Despite Market Shift perpetual futures trading volume surged past $100 billion for the first time on September 28 amid heightened market momentum. Furthermore, data from DefiLlama showed that total monthly volume reached a record high of $1.143 trillion in September. This marked a 49% increase compared to August’s $766 billion. Perp DEX Monthly Trading Volume. Source: DefiLlama Most of this activity was driven by Aster, which overtook Hyperliquid, the former segment leader. Moreover, on October 2, perp DEXs hit another record, with daily trading volume reaching an all-time high of $118.7 billion. Yet again, over the 24-hour period, Aster accounted for $81.88 billion, while Hyperliquid managed only $10.28 billion. The shift has dramatically reshaped market dynamics. Hyperliquid’s share of perp DEX volume has plunged from 45% to just 8%, while Aster’s volume has skyrocketed. “Over the past few weeks, Hyperliquid’s share of Perp DEX volume has fallen from 45% to 8%. Aster’s volume has grown more than 100X to $300b+ last week. Lighter and edgeX have risen to have comparable volume to Hyperliquid,” DeFi analyst Patrick Scott highlighted. Still, Scott maintains that despite Aster’s explosive growth, Hyperliquid continues to stand out as the best-positioned perp DEX thanks to its fundamentals. “Perp DEXs are in a long-term uptrend. As a percent of CEX perps volume, they’ve grown from less than 2% in 2022 to over 20% last month. 10X in 3 years. Hyperliquid has been both the driver and beneficiary of that trend. The challenge recently and why some market participants have questioned Hyperliquid’s is that Binance-related perp DEX Aster has exploded in volume, claiming over 50% market share last week,” he added. The analyst noted that, unlike rivals relying on airdrop incentives, it has built a sustainable revenue model. The platform trades at a 12.6x revenue multiple and dominates open interest with a 62% share. Open interest is a key metric for liquidity and shows the stickiness of its user base. “The fact of the matter is that Hyperliquid has managed to not just maintain, but grow its usage in the 12 months since its HYPE airdrop. This speaks to the loyalty of its users and stickiness of its products. This user retention can’t be replicated by incentive programs; it can only be replicated by better products,” Scott added. He noted that Hyperliquid’s advantages extend beyond perps. As a Layer 1 blockchain, HyperEVM hosts over 100 protocols with $2 billion in TVL and $3 million in daily app revenue. The ecosystem includes native projects like Kinetiq and Hyperlend, as well as big names such as Pendle, Morpho, and Phantom. Hyperliquid has also launched USDH, a stablecoin backed by BlackRock and Superstate reserves. Its market cap is around $25 million, and its yield supports ecosystem growth. Furthermore, Scott pointed out that the upcoming HIP-3 initiative will allow builders to create new perp markets by staking 500,000 HYPE. “This turns creates another supply sink for HYPE, expands the variety of tradeable assets on Hyperliquid, and turns Hyperliquid into infrastructure for other builders to create businesses on,” he remarked. Lastly, Scott acknowledged that risks remain. A sustained drop in Hyperliquid’s absolute volume, a fall in open interest, or USDH failing to scale could weaken its position. For now, though, strong revenue, loyal users, and expanding growth channels keep it the most investable perp DEX. Perp DEX Launches Surge Across Ecosystem Meanwhile, as debate continues over Hyperliquid’s market position, a wave of recent launches has further intensified the perp DEX space. Lighter launched its perp DEX mainnet. Moreover, TRON founder Justin Sun unveiled SunPerp, the network’s native perp DEX. It officially went live on October 1 during the Token2049 event. Revealing BounceBit V3 – Big BankA rebasing BB-token standard, a perpetuals DEX and its liquidity pool built into the core.One chain. One exchange. One big bank.And all roads lead to $BB. pic.twitter.com/Kvsemk2GkL — BounceBit October 2, 2025 Changpeng Zhao (CZ), founder of Binance, has endorsed this influx. He highlighted the surge of new perpetual DEXs entering the market, pointing out that increased competition will help expand the overall sector. “More players will grow the market size faster. Rising tide lifts all boats. Long term, the best builders win. DYOR. Perp Dex era!” the post read. As more perp DEXs enter the market, the coming time will tell whether they can maintain sustained interest and growth—or if the current hype will eventually fade.
Cryptocurrencies Surge as New BB Coin Version Ignites Excitement!
Summarize the content using AI ChatGPT Grok With the shutdown of the US government, cryptocurrencies have experienced a notable upturn, capturing the attention of investors seeking promising opportunities. During such times, significant announcements are strategically unveiled to invigorate market enthusiasm, and BounceBit (BB) follows this common trend. Understanding the Ascendance of BounceBit (BB) Coin The price of BB Coin has surged by 10% daily, outperforming Bitcoin $118,959 by gaining 2% against it. The team has recently unveiled version 3, marking a significant enhancement with the introduction of a perpetual decentralized exchange (DEX) financed by buybacks from the liquidity provider pool. This update marks a first for the network, concentrating value in BB, the network’s primary token . BB Coin has taken a concrete step towards growth, following a strategic approach as competitors like Hypeliquid and Aster enjoy significant success and revenue. Should trading volumes remain strong, the potential allocation of tens of millions of dollars monthly for BB Coin buybacks could restrict market supply, driving up spot prices. This upward momentum is likely to persist in the short term, contingent on the stability of the overall market sentiment. Closing above $0.20 could pave the way for further gains towards $0.25.
Bitcoin Enters Parabolic Phase After Accumulation
Bitcoin’s accumulation and manipulation phases have ended. A parabolic move could reward long-term holders. Market conviction will be key in this next phase. Bitcoin has officially moved past its long-standing accumulation phase. For months, the market was defined by sideways price action and quiet buying from whales and institutions. This period was often misunderstood, with many retail investors shaken out by fear or uncertainty. But now, according to analysts and traders, we’ve entered a new chapter: the parabolic phase. This shift signals the end of what some call the “manipulation phase”—a period marked by price suppression, uncertainty, and media-driven fear. It’s a classic part of Bitcoin’s market cycle, setting the stage for explosive growth. Historically, once accumulation ends, Bitcoin enters a powerful uptrend that catches many by surprise. The Parabolic Phase Begins In crypto cycles, the parabolic phase is where conviction pays off. Prices rise rapidly, often breaking previous all-time highs, and investor sentiment swings from doubt to euphoria. This isn’t just a random pump—it’s a reaction to months of quiet accumulation, positive macro signals, and increasing adoption. With Bitcoin ETF inflows gaining traction, institutional interest returning, and supply on exchanges dropping, the conditions are ripe for a major rally. Traders are now faced with a question: are you in position, or are you watching from the sidelines? BITCOIN’S ACCUMULATION ERA IS OVER. Manipulation phase: finished. Now comes the parabolic phase. The move that erases doubt and rewards conviction. Are you positioned… or watching from the sidelines? pic.twitter.com/NTEQI5OmVH — Merlijn The Trader ✈️ Token2049 🇸🇬 (@MerlijnTrader) October 2, 2025 What This Means for Investors If you’ve been patiently holding or dollar-cost averaging during the quiet months, this phase could be your reward. But entering now requires caution and clarity. The parabolic stage moves fast—emotions run high, and volatility increases. It’s essential to have a strategy. Whether you’re a long-term believer or a short-term trader, understanding where we are in the market cycle can be the difference between life-changing gains or emotional mistakes. Read Also : Bitcoin and Ethereum ETFs See Massive Inflows Hackers Buying ETH: $38M Spent on Ethereum in One Move Bitcoin Mining Difficulty Hits New All-Time High CME to Launch 24/7 Crypto Trading by Early 2026 BounceBit V3 Launches “Big Bank” With Perp DEX and BB Token
Bitcoin Breakout Looms as 2017 Trendline Nears Test
Bitcoin approaches a key multi-year trendline from 2017 A breakout confirms a bullish cup and handle pattern Technicals align on a potential target near $130,000 Bitcoin is once again at the center of market excitement as it tests a critical resistance level—an ascending trendline that dates back to 2017. Traders and analysts alike are watching closely, as a confirmed breakout here could trigger one of the most significant bull runs in recent memory. This isn’t just about a single line on a chart. The 2017 trendline represents years of price action, rejection, and eventual support—making it a vital technical signal. And now, Bitcoin is pressing right up against it. Cup and Handle Pattern Supports Bullish Case What makes this moment even more intriguing is the chart formation that has been quietly developing over the past cycle: a textbook cup and handle pattern. This classic bullish continuation signal has been forming over a long period, adding weight to its reliability. If Bitcoin successfully breaks above the trendline and completes the handle portion of the pattern, the implications could be huge. Technical analysts often use Fibonacci extensions to project potential targets after such breakouts—and in this case, the 1.618 Fibonacci confluence aligns near $130,000. This confluence of multiple bullish signals—a multi-year trendline, a well-formed pattern, and key Fibonacci levels—could push Bitcoin into a new price discovery phase. Bitcoin is eyeing a big breakout here. That multi-year trendline from 2017 is the key. If it breaks, the cup & handle pattern from the last cycle + 1.618 confluence both point to a target around $130K. pic.twitter.com/ufCbShWFRd — Lark Davis (@TheCryptoLark) October 2, 2025 What Comes Next for Bitcoin Price Action? Of course, no breakout is guaranteed. Traders will be watching for volume confirmation and retests to validate any move above this resistance. A failed breakout could lead to consolidation or a pullback, but the technical setup currently leans in the bulls’ favor. With market sentiment slowly shifting and on-chain metrics showing accumulation, Bitcoin’s path toward $130K is becoming a real possibility—if, and only if, it can break through this historic barrier. Read Also : Bitcoin and Ethereum ETFs See Massive Inflows Hackers Buying ETH: $38M Spent on Ethereum in One Move Bitcoin Mining Difficulty Hits New All-Time High CME to Launch 24/7 Crypto Trading by Early 2026 BounceBit V3 Launches “Big Bank” With Perp DEX and BB Token
BounceBit V3 Launches “Big Bank” With Perp DEX and BB Token
BounceBit V3 launches a perpetual DEX called “Big Bank” BB-token adopts a rebasing standard to centralize value Liquidity provider pools will fund token buybacks BounceBit has officially launched its much-anticipated V3 upgrade, codenamed “Big Bank.” This release is a major leap forward for the ecosystem, integrating a perpetual decentralized exchange (perp DEX) that reshapes how liquidity and value are handled across the BounceBit Chain. Unlike traditional DEX models, this new perp DEX is supported by liquidity provider pools, which not only enable trading but also actively fund BB token buybacks, creating a sustainable loop of value. This design ties user activity directly to network strength — as trading volumes increase, so does the funding pool for BB token buybacks, benefiting holders and liquidity providers alike. BB Token Becomes the Value Anchor Central to V3 is the introduction of a rebasing BB-token standard, aiming to make BB the core store of value within the BounceBit ecosystem. Rebasing allows for dynamic supply adjustments, helping to stabilize and centralize value within BB rather than dispersing it across multiple tokens. With this shift, BB is positioned not just as a utility token, but as the network’s main value capture asset, enhancing its importance in both governance and staking use cases. A Chain-First Value Strategy BounceBit V3 also introduces a new chain-first approach. This means that all transaction flows now settle directly on the BounceBit Chain, ensuring faster finality and greater transparency. Meanwhile, the BB token acts as the main reservoir of value, absorbing inflows from network activity and driving deeper integration within the protocol’s services. This strategic pivot is expected to attract more builders, users, and capital to the BounceBit Chain by simplifying value flow and enhancing token utility. Read Also : Bitcoin and Ethereum ETFs See Massive Inflows Hackers Buying ETH: $38M Spent on Ethereum in One Move Bitcoin Mining Difficulty Hits New All-Time High CME to Launch 24/7 Crypto Trading by Early 2026 BounceBit V3 Launches “Big Bank” With Perp DEX and BB Token
TeraWulf seeks $3 billion in debt financing for data center construction
according to Bloomberg, Bitcoin mining company TeraWulf (Nasdaq: WULF) is expected to raise about $3 billion to support the construction of its data center. Morgan Stanley is arranging this potential transaction for TeraWulf, which could start as early as October, with financing possibly completed through the high-yield bond or leverage loan market. It is expected that Google will provide backstop support for the transaction, which could result in a higher rating for the debt, with rating agencies determining the credit rating of the transaction within the BB to CCC range.
TeraWulf plans to seek $3 billion in debt financing for data center construction
BlockBeats News, September 27, according to Bloomberg, Bitcoin mining company TeraWulf (NASDAQ: WULF) is expected to raise approximately 3 billions USD to support the construction of its data centers. Morgan Stanley is arranging this potential deal for TeraWulf, which could launch as early as October. The financing may be completed through the high-yield bond or leveraged loan market. Google is expected to provide backstop support for the deal, which could result in a higher rating for the debt. Rating agencies will determine the credit rating for this transaction within the BB to CCC range.
BounceBit Prime surpasses $1.5B in cumulative volume with help from Franklin Templeton’s Benji
Key Takeaways BounceBit Prime exceeded $1.5B in cumulative volume, largely due to support from Franklin Templeton’s Benji token. Benji is a tokenized share of Franklin Templeton’s OnChain US Government Money Fund and acts as collateral in BounceBit Prime strategies on BNB Chain. Share this article BounceBit Prime, a structured yield product integrating tokenized real-world assets, has surpassed $1.5 billion in cumulative volume with significant contributions from Franklin Templeton’s Benji token. Benji represents Franklin Templeton’s tokenized shares in its OnChain US Government Money Fund and serves as collateral within BounceBit Prime’s capital-efficient strategies on BNB Chain. Franklin Templeton, which manages $1.6 trillion in assets, recently minted an additional $1 million in Benji tokens to support collateralized trading within the BounceBit ecosystem. BounceBit Prime has reached over $10 million in total value locked, with its Benji Vault delivering a combined 13.31% APY from base yields and structured strategies. Share this article
BounceBit plans to use platform fees to repurchase BB tokens
BounceBit Foundation is considering implementing a fee allocation mechanism for BounceBit Trade. The fees generated by the platform will be directly used for ongoing BB token buybacks, which have received $12 million in revenue support from other products. Currently, the foundation is evaluating fee allocation schemes and more implementation channels.
BounceBit explores fee conversion mechanism, $12 million in revenue may be used for BB buyback
Foresight News reported that the BounceBit Foundation is exploring enabling fee conversion for BounceBit Trade, allocating platform fees to the ongoing BB buyback. It has already received $12 million in revenue support, and is currently evaluating the allocation and execution locations.
BounceBit plans to use platform fees for BB token buyback
Jinse Finance reported that the BounceBit Foundation is considering enabling a fee distribution mechanism for BounceBit Trade. The fees generated by the platform will be directly used for the ongoing BB token buyback, which has already been supported by $12 million in revenue from other products. Currently, the foundation is evaluating the fee distribution plan and additional execution channels.
Is BounceBit (BB) Poised for a Bullish Breakout? Key Pattern Formation Suggests So!
Date: Thu, Sept 18, 2025 | 06:55 AM GMT The cryptocurrency market is showing upside resilience today as Ethereum (ETH) climbs near the $4,575 mark with a 0.75% intraday gain following the latest Fed rate cut decision. Riding on this positive sentiment, several altcoins are flashing bullish setups — including BounceBit (BB), which is attracting attention with a potential breakout pattern. BB has already surged by an impressive 11%, but the chart is suggesting a much bigger development — a bullish rounding bottom formation that could set the stage for further gains in the coming sessions. Source: Coinmarketcap Rounding Bottom in Play? On the daily chart, BB appears to be shaping a rounding bottom, a classic bullish reversal pattern that often signals accumulation before a powerful upward move. The pattern began forming after BB faced rejection near $0.20 back in February 2025, which led to a sharp pullback toward $0.073. Strong demand emerged at those lower levels, allowing the token to stabilize and gradually recover. BounceBit (BB) Daily Chart/Coinsprobe (Source: Tradingview) Now, BB has reclaimed momentum and is trading around $0.1856, moving closer to the neckline resistance zone. This key level sits between $0.19 and $0.2015, a zone where the next battle between bulls and bears is likely to unfold. What’s Next for BB? If BB successfully breaks above the neckline resistance at $0.19–$0.2015, the bullish reversal setup would be confirmed. Such a breakout could open the door for an initial move toward $0.29, and if momentum continues, the rounding bottom projection points toward a target of around $0.3173 — a gain of nearly 70% from the current price. That said, traders should also keep an eye on possible short-term pullbacks. A dip back toward the rounding support line before the breakout cannot be ruled out.
This week’s token unlock overview: S, IO, APT and others will see large one-time token unlocks.
BlockBeats News, September 8, according to Token Unlocks data, this week S, IO, APT and others will see large one-time token unlocks, including: Sonic (S) will unlock approximately 150 million tokens at 8:00 am on September 9, accounting for 5.02% of the current circulating supply, with a value of about $45.4 million; Movement (MOVE) will unlock approximately 50 million tokens at 8:00 pm on September 9, accounting for 1.89% of the current circulating supply, with a value of about $5.9 million; BounceBit (BB) will unlock approximately 42.89 million tokens at 8:00 am on September 10, accounting for 6.31% of the current circulating supply, with a value of about $6.4 million; Aptos (APT) will unlock approximately 11.31 million tokens at 6:00 pm on September 11, accounting for 2.20% of the current circulating supply, with a value of about $48 million; io.net (IO) will unlock approximately 13.29 million tokens at 8:00 pm on September 11, accounting for 6.24% of the current circulating supply, with a value of about $7 million; peaq (PEAQ) will unlock approximately 84.84 million tokens at 8:00 am on September 12, accounting for 6.38% of the current circulating supply, with a value of about $5.6 million.
AI-Driven Cybercrime and the Rise of Defensive Tech: Identifying Undervalued Cybersecurity Stocks for 2025
The cybersecurity landscape in 2025 is defined by a paradox: AI, once hailed as a transformative force for good, is now a double-edged sword. Cybercriminals are weaponizing artificial intelligence to automate attacks, craft hyper-personalized scams, and bypass traditional defenses at unprecedented scales. Meanwhile, enterprises and insurers are racing to adopt AI-driven solutions to counter these threats. For investors, this dynamic creates a unique opportunity to identify undervalued stocks in the defensive tech sector—companies innovating in AI threat detection, ransomware response, and enterprise risk management. The Escalation of AI-Driven Cybercrime AI misuse has fundamentally altered the nature of cyberattacks. Cybercriminals now leverage machine learning to profile victims by analyzing browser behavior, social media activity, and transactional data, enabling highly targeted phishing and business email compromise (BEC) schemes [1]. Ransomware attacks have also evolved: AI automates reconnaissance, encryption, and even extortion tactics, with 87% of organizations reporting AI-powered breaches in the past year [2]. Deepfake technology, once a novelty, is now a tool for fraud, with attackers impersonating executives to bypass KYC verification or execute fraudulent transactions [3]. The democratization of cybercrime-as-a-service (CaaS) platforms has further amplified the threat. Even non-technical actors can now deploy AI-generated ransomware or synthetic invoices with minimal effort, lowering barriers to entry and increasing the global attack surface [4]. This arms race demands a new generation of defenses—ones that leverage AI not just to react, but to predict and preempt threats. AI-Powered Defenses: The New Frontline Enterprises are increasingly adopting AI-driven cybersecurity platforms to counter these threats. Automated Security Operations Centers (SOCs) now use agentic AI to triage incidents, reducing response times from hours to seconds [5]. Predictive intelligence tools scan global threat data to forecast attack vectors, while multi-modal verification systems detect deepfakes and synthetic phishing emails [6]. Zero Trust architectures, enhanced by AI, continuously validate user behavior and access rights, identifying anomalies in milliseconds [7]. Among the leaders in this space, Darktrace (IOT) and SentinelOne (S) stand out. Darktrace’s AI platform autonomously neutralizes threats by learning normal network behavior, as demonstrated in a 2025 case where it thwarted a ransomware attack on a healthcare provider [8]. SentinelOne’s Singularity XDR platform combines endpoint detection with AI-driven ransomware response, achieving a 98% threat detection rate [9]. Both companies are undervalued relative to their growth trajectories: SentinelOne trades at a forward P/S ratio of 6, while Darktrace’s revenue grew 23% YoY [10]. The Insurance Market’s AI Transformation The insurance sector is also adapting to AI-driven risks. Munich Re projects the global cyber insurance market will reach $16.3 billion in 2025, with AI enabling insurers to refine risk assessment and fraud detection [11]. For example, AI improves pricing accuracy by analyzing real-time data on an organization’s cybersecurity posture, while deepfake detection tools reduce fraudulent claims by 40% [12]. However, insurers face new vulnerabilities: cybercriminals are using AI to automate attacks on policyholders, including BEC scams that mimic executives [13]. Companies like IBM (IBM) and BlackBerry (BB) are positioning themselves as key players in this evolving market. IBM’s GenAI business, which surged past $7.5 billion in Q2 2025, integrates AI into hybrid cloud security, while BlackBerry’s Cylance platform uses machine learning to prevent malware on industrial systems [14]. IBM’s adjusted EPS grew 15% YoY, and its forward P/E ratio of 22x suggests undervaluation relative to its AI-driven cybersecurity offerings [15]. Strategic Investment Opportunities The most compelling opportunities lie in companies combining AI innovation with strong financial fundamentals: 1. SentinelOne (S): A 33% YoY revenue growth and a forward P/S of 6 make it a high-growth, low-valuation play. Its partnership with Lenovo to pre-install Singularity on PCs signals expanding market penetration [16]. 2. Darktrace (IOT): With a 23% revenue increase and a focus on autonomous threat response, its AI-driven platform is a hedge against escalating ransomware risks [17]. 3. IBM (IBM): A diversified AI and cloud security leader, IBM’s GenAI division and 8% revenue growth position it to benefit from both enterprise and insurance market demand [18]. Conclusion As AI-driven cybercrime becomes the new normal, enterprises and insurers will increasingly rely on AI-powered defenses. For investors, the key is to identify companies that are not only innovating in threat detection but also trading at valuations that reflect their long-term potential. SentinelOne, Darktrace, and IBM exemplify this balance, offering exposure to a sector poised for sustained growth. Source: [1] Cyber Crime at Scale: Report Details How Large ... [2] Global businesses face escalating AI risk, as 87% hit ... - SoSafe [3] Emerging Trends in AI-Related Cyberthreats in 2025 [4] Innovate Insights: 5 Predictions for AI-Driven… [5] Emerging Trends in AI Cybersecurity Defense [6] AI in Cybersecurity: Key Benefits, Defense Strategies, & ... [7] Advances in Artificial Intelligence Require New Level of ... [8] Case Studies - AI in Cyber Defense Success Stories [9] AI in Cybersecurity: How AI is Changing Threat Defense [10] 5 Cybersecurity Stocks You Can Buy and Hold for the Next ... [11] Cybersecurity Insurance Market Forecast Report 2025-2030 [12] AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI and rising threats [13] Generative AI and evolving threats [14] IBM Q2 2025 Earnings Exceed Expectations with GenAI Book Surges Past $7.5B [15] PE Ratio - SentinelOne, Inc. [16] Jefferies Says These Are the Top 5 Cybersecurity Stocks to ... [17] SentinelOne Announces Second Quarter Fiscal Year 2025 Financial Results [18] 19 Best Cybersecurity Stocks for 2025: Time to Buy?
Bitcoin megaphone pattern targets $260K as BTC price screams ‘oversold’
Key takeaway: Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle. Signs of panic from BTC short-term holders hint at a potential local bottom. Bitcoin ( BTC ) price action has painted bullish megaphone patterns on multiple time frames, which may propel BTC to new record highs, according to analysts. BTC price can reach $260,000 this cycle The bullish megaphone pattern, also known as a broadening wedge, forms when the price creates a series of higher highs and lower lows. As a technical rule, a breakout above the pattern’s upper boundary may trigger a parabolic rise. Bitcoin’s daily chart shows two megaphone patterns, as shown in the figure below. The first is a smaller one formed since July 11, and the recent rebound from the pattern’s lower trendline at $108,000 suggests the formation is indeed playing out. Related: Bitcoin can still hit $160K by Christmas with ‘average’ Q4 comeback The pattern will be confirmed once the price breaks above the upper trend line around $124,900, coinciding with the new all-time highs reached on Aug. 14. The measured target for this pattern is $144,200, or a 27% increase from the current level. BTC/USD daily chart. Source: Cointelegraph/ TradingView The second is a bigger megaphone pattern that has been forming for the “past 280 days,” as analyst Galaxy pointed out in a Thursday X post. Bitcoin is trading near the upper trendline of the megaphone, which currently sits around $125,000. Similarly, a break above this level would confirm the pattern, clearing the path for a rally toward $206,800. Such a move would bring the total gains to 82%. Meanwhile, crypto influencer Faisal Baig highlighted Bitcoin’s breakout from a giant megaphone pattern on the weekly time frame with an even higher measured target: $260,000. “The next leg up is inevitable.” Bitcoin has broken out of this bullish megaphone pattern. The next leg up is inevitable. IN SHAA ALLAH pic.twitter.com/iEIpKROSvv — Faisal Baig Binance Usdt Signals (@fbmskills) August 20, 2025 As Cointelegraph reported , Bitcoin’s recent pullback to $108,000 is likely to be a shakeout before new all-time highs. BTC short-term holder metric hits April lows Bitcoin’s 12% drop from $124,500 all-time highs sent short-term holders (STHs) — investors who have held the asset for less than 155 days — into panic mode as many sold at a loss . This has had serious implications on the STH market value realized value (MVRV) ratio, which has fallen to the lower boundary of its Bollinger Bands (BB), signaling oversold conditions. “On the pullback to $109K, $BTC tapped the ‘oversold’ zone on the short-term holder MVRV Bollinger Band,” said analyst Frank Fetter in an X post on Thursday. An accompanying chart shows a similar scenario in April when Bitcoin bottomed out at $74,000 . The BB oscillator dropped to oversold conditions before Bitcoin started recovering and is up 51% since. Bitcoin STH MVRV Bollinger Bands. Source: Checkonchain With the latest drawdown, the oversold STH MVRV suggested that the BTC price was due for an upward relief bounce , possibly staging a similar recovery to April and August. As Cointelegraph reported , retail and institutional accumulation have now been at their highest since April’s dip below $75,000, which could be another sign that $108,000 was a local bottom.
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.
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