As Pi Network prepares for its June 28 mainnet migration, several users are facing KYC failures and wallet errors, raising concerns about the platform’s readiness for open blockchain adoption.

Pi Network migration problems: Users report KYC, 2FA and balance errors

Hyperliquid continues to draw major institutional interest as another Nasdaq- 
listed firm, Lion Group Holding Ltd (LGHL), announces a $600 million facility 
to launch a HYPE-focused treasury strategy. Lion Group Holding Ltd, listed on 
Nasdaq and offering a trading platform for…

Lion Group Holding announces $600m facility for HYPE treasury strategy

Ethereum staking yields are falling as yield-bearing stablecoins and DeFi 
protocols offer more competitive returns. Can ETH regain the upper hand in the 
yield wars?

Ethereum and the battle for yield: What is ETH’s future?

What does the reverse merger between Tron and SRM reveal about Justin Sun’s 
strategy, and how does Trump’s indirect involvement influence its market 
perception? Tron goes public through the backdoor On Jun. 16, Tron (TRX), the 
blockchain network founded by…

Justin Sun and Trump — a billion-dollar crypto bromance built on deals and dinners

China has been looking to challenge the US dollar’s reserve status and wants 
to expand the digital yuan’s reach to include domestic and international 
payments.

Chinese Central Bank head pledges to expand international CBDC use — Report

BNB finds itself at a pivotal moment as price action tightens between two 
critical technical zones. After a period of consolidation, the cryptocurrency 
is testing resistance near the 200-period moving average, hovering around the 
$653 mark. Meanwhile, support around the $640 level continues to hold firm, 
acting as a safety net for bulls trying to defend the current structure. 200 
MA Acts As A Ceiling Against BNB Uptrend According to Thomas Anderson in a 
recent X post, the M15 BNB chart reveals that the price is currently testing 
resistance around the $651.50 level, marked by a horizontal yellow line. 
Related Reading: BNB Coils For Impact: Will $670 Crack Under Pressure? This 
move follows a recent bounce off the ascending white trendline support, 
indicating that buyers are still defending the short-term uptrend. However, 
price action remains just beneath the 200-period moving average (red line), 
which is acting as a dynamic resistance zone near the $653 mark. Momentum 
indicators are offering mixed signals at the moment. The MACD continues to 
print negative values, showing that bearish pressure hasn’t fully dissipated, 
while the RSI has started recovering from previously oversold conditions. This 
combination suggests the potential for a short-term bounce within the 
ascending channel. M30 And H1 Charts Are Aligning In an updated post, the 
analyst also went further to examine the BNB M30 chart, where price is 
currently trading at $650.10 and appears to be consolidating just below the 
200-period moving average (red line) situated around the $653 level. This area 
is acting as a key short-term resistance zone, and price action has shown 
hesitation around it, reflecting a battle between buyers and sellers. 
Interestingly, the H1 chart mirrors this behavior, showing a broader ascending 
channel structure that suggests an underlying bullish bias, though still 
unconfirmed. Related Reading: BNB Price Reclaims $600 — Is This the Start of a 
Major Upside Move? The immediate resistance to watch remains near the $653 
mark, aligned with the 200 MA on both the M30 and H1 timeframes. If bulls can 
muster enough strength to break and sustain above this level, it could trigger 
a fresh wave of upward momentum for BNB toward the next resistance at $657. 
This would represent a potential continuation of the ascending channel&#8217;s 
structure and hint at growing bullish control in the short term. On the flip 
side, if price fails to push above the $653 resistance, consolidation may 
begin to lose steam. In such a scenario, a retreat toward the previous swing 
low near the $640 level becomes likely. This support area has already proven 
its strength and could be the next level of defense if bearish pressure 
increases. Traders are watching closely, as these levels may determine BNB&#8217;s 
next directional move. Featured image from Adobe Stock, chart from 
Tradingview.com