The concept of #cedefi is the extension and the upgrade of CEXs.

Originally, DeFi and staking projects all built their own pools to provide incentives to attract users to stake or provide liquidity through LP tokens. However, this incentive mechanism has stagnated. Everyone knows how to play the game, so the #Rewards are marginalized.

What CeDeFi essentially brings, is the transformation of regulated #custody becoming a secondary exchange.

The advantage is that projects get more flexibility and opportunities in handling the assets of its users. It opens the doors for financial instruments that require deep liquidity not found in DeFi. You can do #OptionsTrading and #Arbitrage on a large scale. Just what BounceBit and Ethena are doing.

As the name suggests, CeDeFi, naturally violates the principle of decentralization. Nevertheless, it undoubtedly has its place in crypto.

Money flows towards yield opportunities, regardless of decentralized or not. So stay on the lookout for projects that utilize CeDeFi infrastructure to provide what people are really looking for: sustainable yield

My picks: BounceBit $BB Ethena $ENA Manta $MANTA

This is all you need to know about $BB in relation to $BTC
I guess you could dive into their pioneering tech too, but that’s up to you. It’s gonna make the run anyway

$BB the chart is just so beautiful

What $BB has going on at the moment (why it's pumping)👇
1. BounceBit got listed on Coinbase International Exchange & Coinbase Advanced Sep 5 as perpetual futures contract.
2. They announced V2 with many new & improved features for their #cedefi infrastructure and the BounceClub ecosystem. There will probably be a lot of free rewards to get on launch. Especially for BounceClub.
3. BounceBit will get their native Meme launcher platform.
4. They have 2 huge events upcoming for #Token2049 . I'll be going there and get some free durian
5. Price chart is set up nicely for a comeback.
Yeah so no need to say that I'm bullish on $BB

Bodhi

Is DeFi Dead or Just Getting Started? A Deep Dive Into the Future of Decentralized Finance
If you've been paying attention to the crypto space, you've probably heard it a hundred times: 'DeFi is dead.' But is it really? Or are we on the cusp of its next great evolution?

The truth is, decentralized finance has been through its ups and downs, just like every disruptive technology before it. But, if we take a step back and look at the macro trends, the story becomes clear: DeFi is not dying, it's transforming.
I believe there are two major trends shaping its future:
Regulatory Frameworks Are Shifting
Despite the uncertainty, regulators are increasingly providing clarity, paving the way for DeFi projects to operate within legal frameworks. This means more trust and participation from institutional investors.
Integration with Centralized Finance (CeDeFi)
Centralized and decentralized finance are no longer at odds. #cedefi bridges the gap, offering the best of both worlds—traditional finance's security and DeFi's innovation. Projects like BounceBit are leading the charge.

So, is DeFi dead? Far from it. We’re only just beginning to see what it’s capable of. But it has to go through a few transformations. I believe we will see another ATH for DeFi TVL this cycle. We are currently at $116.879B according to Defillama. #DeFiEducation

$BB Technical Analysis✨:
I don't usually do these but I think here it's important.

Moving Average:

On the four-hour time frame, BounceBit is currently trending bullish with the 50 day moving average currently sloping up. BounceBit’s 200 day moving average is sloping down and has been doing so since 9/4/2024 which means the trend is weak.

Relative Strength Index:
Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep #RSIIndicator in that state for a while.

We’re eyeing the key resistance level at $0.3023—if the price breaks above this, it's a strong signal for a long trade, with targets set at $0.3100, $0.3150, and $0.3200. Don't miss the next move.

Chart below is H4.

I told you so update: $BTC is down 5% and where is $BB ?
It is up by a few percent. BB strength on the BB/BTC pair is undeniable and has been in motion for the last few weeks.

BounceBit doesn’t care about chop markets. Why? Because their offerings are market neutral. They provide real yield on your Bitcoin. You invest Bitcoin and you get back Bitcoin, just keep on stacking sats. The real deal, actual value creation and not the usual ecosystem games where the insiders and experienced always win.

#yieldfarming #cedefi #BTCFi

There will only ever be 2.1B $BB . That’s it that’s the maximum supply.

Many people don’t know this, but BB staking rewards are reduced by 20% every year. It’s kind of like Bitcoin halving where every 4 years mining rewards are cut in half. $BB of course has to move quicker and has 1 year cycles instead. We are already at the half year mark since genesis.

Also BounceBit chain runs on a dual token Proof of Stake consensus mechanism which allows for $BTC + $BB staking. No other #cedefi project has this kind of tokenomics bound to Bitcoin.

Definitely something to keep an eye on when judging the performance of this coin. BounceBit is a young and upcoming Layer 1 ecosystem building for the long term.

I think it should be obvious by now how strong $BB will be in the eventual bull market. Strength during choppy markets can indicate potential for massive gains.

Just compare it to the likes of $ENA and $MANTA in the same category of #cedefi

BB also has much more upside with a market capitalisation at only 130 million. Always take a look at the Bitcoin chart to make more informed decisions, the dollar chart is not always telling the truth. It’s the most obvious play for me. Breakout imminent!

#BounceBitV2 is a game changer for $BB

Much better market positioning and finally some more utility for the token. That’s why $BB is pumping and will continue to do so

Does Binance Square have any content that IS NOT posting

• false promises
• absurd price predictions
• obvious AI generated content
• recycled news
• baseless claims about projects to shill or short their token

Binance Square clearly is missing personalities and smart minds. Or is my algorithm just messed up?

BREAKING $BB news🚨

BounceBit just got listed on Coinbase! The $BB token will be tradable via perpetual futures.
BB-PERP will go live on September 5th.

I think this is just the beginning for BB and we might see it get listed on spot very soon.

#ListingIsJustTheBeginning #FutureSignals11 #Btcfi

$BB is exhausted but still fighting strong! It’s holding up better than Ethena $ENA

As you should know both of these tokens have been following a similar pattern so far that even the dollar price started converging over the last few weeks. I think this is partly because both tokens are part of the same #cedefi use case, although their utility is far different. ENA is mainly a governance token that can give you benefits, while BB is the gas token of an L1.

Since BounceBit bounced a bit better am I optimistic about a new rally upwards. This choppy market is hard to navigate but definitely bears some opportunities.

#CryptoMarketMadness #CryptoMarketMoves #BTCFi

Very excited what BounceBit will have to share in few days. Heard a few rumours about a V2 $BB

I hope they revamp their existing products. They are good but they can be improved. Not sure it will affect price in the short term with these market conditions, but it I think it will position BB better for the bull market

#v2 #ALPHA🔥 #cedefi

BB — Another One To Break Out Soon?

Many tokens have broken out of their long-term downtrends in the last few days and pumped hard. If you missed the train, you should put BB on your watchlist.

BB has been on a downtrend for months but has set up a chart that screams for a breakout:
• It shortly dipped below the crucial level at 0.3 and formed a perfect bottom.
• After reclaiming the 0.3 level, it retested it again — this time successfully.
• Right now, the token made its first attempt to break out of the descending channel.

Given the current market continues to show strengths, we should see a breakout shortly.
If BB breaks out, the price should rise rapidly. The first target is 0.67, while the stronger resistance is at $1.

$BB #bbusdt 🚨

$BB and $ENA Both of these #cedefi coins are setting up well for a comeback.

The market should realize that going forward “real yield” will lead the charge. It is maturing and convergent to stable fixed yield, based on actual trading strategies like we see in the traditional markets.
Enough DeFi games, everyone knows how to play it - no one profits.
The only way is to bring CeFi into the mix to revive the market.

Both charts are looking strong on the BTC pair.
#bananazone #bouncebit

I love when tokens slow pump over several days.

This usually leaves more space for sudden mega pumps and less obvious opportunities for a wide token sell off.

$BB is showing just enough strength, preparing for a large rally

#CryptoMarketMoves #Babylon_Mainnet_Launch #rally

Who nuked $AUCTION ? Was it a whale? Was it the team? Who knows, it could be anything.
The lesson should be something else:

This is a pretty good example on why never to use leverage or buy futures if you don’t know what you’re doing.

If you just hold spot - great you’re gonna be fine. just hold.
If you just got liquidated and lost it all, you’re done. You probably don’t realize it, but you are gambling.

Bitcoin #restaking and staking is taking off fueled by the #Babylon_Mainnet_Launch

Who will profit? $BB BounceBit
They did $BTC staking first, but it works differently and is focused more on yield generation through #CeDeFi

I think both approaches have their market.

GM

$BB outperforming as usual