TLDR:

• Polkadot’s new economic model cut annual DOT issuance by 53.6% and capped total supply at 2.1 billion.
  
• Validators now need a minimum of 10,000 DOT self-stake or face removal from the active set.
  
• Acurast surpassed 750 million on-chain transactions on Polkadot, powered by 250,000+ global devices.
  
• The Polkadot Docs MCP launched as an interactive expert tool for developers building on the network.

Polkadot closed April 2026 as its first full month operating under a revised economic model. The new framework, approved through OpenGov, went live on March 14, 2026. It introduced lower issuance rates, a hard supply cap, and planned step reductions over time.

Across the ecosystem, staking rules were updated, network activity expanded, and community-facing tools continued to improve. The month reflected steady, consistent progress rather than a single standout development.

Polkadot’s New Economic Model Reshapes Staking Structure

The revised model reduced annual DOT issuance by 53.6% at launch. A maximum supply cap of 2.1 billion DOT was introduced alongside this change.

Planned step reductions of approximately 13–14% every two years are now also scheduled. Together, these parameters establish a more structured and predictable issuance path.

On the validator side, the 10,000 DOT minimum self-stake requirement is now actively enforced. Any validator falling below that level is automatically removed from the active set.

This change raises the accountability standard for those securing the Polkadot network. It also makes the entry bar for validators more clearly defined.

Nomination pools remain accessible from just 1 DOT, keeping participation open for smaller holders. Under the updated rules, only a validator’s own bonded stake is at risk during a slashing event.

Nominators are no longer exposed to penalties from validator misconduct. This separation meaningfully reduces risk for everyday participants.

By mid-June, another update is expected. Validators will receive dedicated rewards from the Dynamic Allocation Pool, separate from what nominators earn.

These rewards will come directly from protocol issuance. The change further distinguishes the incentive structure between validators and nominators.

Ecosystem Tools and Activity Continue to Expand on Polkadot

Acurast crossed 750 million on-chain transactions on Polkadot in April. As posted on April 23, more than 250,000 devices across 175 countries powered this activity.

The project noted it remains 250 million transactions away from reaching one billion. This level of usage reflects real-world adoption of decentralized physical infrastructure at scale.

The Polkadot Docs MCP also went live during the month as a developer-facing resource. It turns official documentation into an interactive reference for builders.

Users can query it on XCM fees, OpenGov tracks, validators, Asset Hub, and PolkaVM versus EVM. It also serves structured data to agents and RAG systems working within Polkadot’s context.

Nova Wallet continued refining its mobile experience throughout April. A thread from Parity Technologies on April 9 described it as one of the most polished apps in the ecosystem.

The wallet focuses on simplifying staking, governance, and multi-chain management for mobile users. Its approach keeps Polkadot accessible without requiring technical depth.

Web3 Summit is also set to return to Berlin on June 18–19, 2026. Announced on April 21, the event is expanding its format toward a festival model this year.

Developers, designers, researchers, and artists are all expected to attend. The summit centers on building systems shaped by privacy, participation, and digital agency.

TLDR:

• • Payward filed for an OCC national trust charter to establish a federally regulated crypto custody entity called PNTC.
    
  • The proposed PNTC would serve institutional clients requiring bank-level custody protections under direct OCC oversight.
    
  • Kraken Financial remains the first digital-asset bank to secure a Federal Reserve master account since 2020.
  • Payward’s multi-charter strategy pairs its Wyoming SPDI with the proposed OCC trust charter for broader regulatory coverage.

Payward, the parent company of Kraken, has applied for a national trust company charter with the OCC. The move aims to build a federally regulated digital asset custody entity for institutional clients.

Kraken Pursues Federal Oversight Through OCC Application

If approved, the charter would establish Payward National Trust Company (PNTC). This new entity would focus on fiduciary custody and related digital asset services.

The trust would primarily serve institutions seeking bank-level custody protections. It would operate under direct OCC oversight, adding federal legitimacy to Kraken’s regulated framework.

The application marks a deliberate step in Payward’s U.S. regulatory expansion strategy. Crypto firms have increasingly pursued traditional financial charters to attract institutional clients.

PNTC would rely on Payward’s existing compliance, risk management, and custody infrastructure. This structure is designed to extend access to clients requiring a federally regulated qualified custodian.

Co-CEO Arjun Sethi addressed the rationale behind the application directly. “A national trust company provides the certainty institutions require,” Sethi stated.

He further noted that it “establishes the infrastructure to build the next generation of custody.” His comments point to a deliberate push to serve institutional clients at the federal level.

National trust charters overseen by the OCC have been pursued by crypto-native firms before. These charters offer broader legitimacy and nationwide operations.

They also reduce reliance on state-by-state licensing, which can be fragmented and inconsistent. Payward’s application reflects this broader industry trend toward federal regulatory frameworks.

Kraken Builds Multi-Charter Strategy Alongside Major Acquisitions

The OCC application builds on the foundation of Kraken Financial’s Wyoming SPDI charter, granted in 2020. Kraken Financial was the first digital-asset bank to secure a Federal Reserve master account.

That access gave it a direct link to the U.S. payments system. Sethi described the Wyoming SPDI and prospective OCC trust charter as “complementary pillars” of Payward’s banking strategy.

Payward has also pursued growth through a series of major acquisitions. In 2025, it acquired retail futures platform NinjaTrader for $1.5 billion.

In April, Payward agreed to acquire crypto derivatives exchange Bitnomial for up to $550 million. That deal adds a full suite of CFTC licenses covering brokerage, clearing, and exchange operations.

This week, Payward also announced a $600 million deal to acquire Hong Kong-based payments firm Reap Technologies.

The deal expands Kraken’s presence in stablecoin-powered cross-border payments. It also strengthens Kraken’s card infrastructure across Asia. Together, these moves reflect Kraken’s preparation for a potential IPO.

The U.S. regulatory climate under the current administration has become more industry-friendly toward digital assets. This shift has encouraged crypto firms to seek federal charters, licenses, and banking approvals.

Payward’s approach aligns with this environment, positioning Kraken as a fully regulated financial institution. The OCC application is the latest step in that direction.

The White House says voluntary partnerships, not strict mandates, are the right approach to AI regulation.

The Trump administration released its National Policy Framework for AI regulation in March 2026, built around voluntary industry agreements rather than top-down mandates.

The framework signals a move away from prescriptive regulation toward an innovation-friendly approach, positioning itself as a clear alternative to the European Union’s AI Act.

The framework cites a March 2026 Ratepayer Protection Pledge, a voluntary agreement signed by major technology companies not to raise electricity bills for households, as a model for the partnership-first approach it prefers over binding rules. The administration’s central premise is that US leadership in AI depends on uniform national standards, not a growing patchwork of state laws.

Federal preemption versus state authority

The framework outlines six objectives: protecting children online, safeguarding against AI harms, respecting intellectual property, preventing AI censorship, promoting innovation, and developing an AI-ready workforce.

It calls on Congress to adopt legislation broadly preempting state AI laws deemed to impose undue burdens, while preserving state authority over consumer protection, child safety, and fraud. Critics argue the approach could hollow out oversight of high-risk AI systems in healthcare, employment, and housing.

Democrats pushed back directly. Representative Beyer and colleagues introduced the GUARDRAILS Act on March 20, 2026, which would repeal the Trump administration’s AI executive order and block any federal moratorium on state AI regulation. Senator Schatz is expected to introduce companion legislation in the Senate.

What changes and what does not

The framework does not itself create new legal obligations or direct agencies to take specific regulatory action. State AI laws remain in effect unless and until Congress passes new legislation or courts strike them down.

Colorado’s comprehensive AI law is scheduled to take effect on June 30, 2026. California’s AI Transparency Act and Texas’s Responsible AI Governance Act are already in force, each imposing disclosure and governance requirements on companies deploying AI in consequential decisions.

The CFTC has separately deployed AI tools to fill regulatory surveillance gaps as Washington’s broader framework battle plays out. The administration has not said whether it will challenge active state laws directly, leaving companies navigating two parallel and potentially conflicting regulatory tracks.

Since the start of the 2026 Iran war, Bitcoin has outperformed gold by roughly 35–36% on a relative basis, as BTC rose mid‑single digits while gold slipped and the BTC/gold ratio surged.

Data from multiple market trackers show that since the escalation of the U.S.–Israel–Iran conflict on 28 February 2026, Bitcoin (BTC) has materially outperformed gold. Binance’s research feed put it bluntly in early May: “Bitcoin is outperforming gold by 36% since the start of the Iran conflict,” referring to the change in the BTC/XAU ratio rather than just absolute price moves.

BTC/gold ratio jumps as war escalates

A mid‑March analysis from Fortune noted that “since the start of the war, the original cryptocurrency is up about 7%, and on Wednesday was trading at around $71,000,” while gold was “nearly unchanged at about $5,240 an ounce.” Later work from Korea Economic Daily, summarized by Bloomingbit, found that Bitcoin rose about 7% in March while gold fell more than 3%, widening the performance gap as the conflict dragged on.

CryptoNews.net’s recap of the period shows a similar pattern with slightly sharper numbers: at the onset of war, when Donald Trump ordered U.S. forces to join Israeli strikes, BTC was around $65,492 and gold near $5,279 an ounce; by March 23, Bitcoin had rallied to $70,700 while gold had slumped to roughly $4,300. That implies BTC up about 8% versus gold down around 18%, and a rapid rise in the BTC/gold ratio.

First real “war test” for Bitcoin as macro asset

JPMorgan analysts, quoted by RootData and The Block, observed that during the war “Bitcoin outperformed gold and silver, showing signs of inflows and increased activity, while precious metals faced significant outflows and position liquidations.” They pointed to nearly $11 billion in gold ETF outflows and a full reversal of prior silver ETF inflows, versus net inflows into Bitcoin products. That aligns with earlier crypto.news coverage in a story on how bitcoin and ethereum outpaced metals and equities in March, as spot BTC ETFs in the U.S. kept absorbing institutional demand even amid geopolitical tension.

Capital.com’s breakdown, summarized in the Economic Times, stressed that BTC still traded like a high‑beta macro asset in the initial hours after the first strikes — plunging from about $66,000 to $63,000 as over $128 billion in crypto market cap was erased, while gold jumped. But over the full conflict window, Bitcoin recovered and moved higher, supported by ETF dip‑buying, short‑covering, and renewed interest in the “digital gold” narrative, while gold’s early spike faded under the weight of a stronger dollar and rising real yields.

For now, the scoreboard is clear: during the Iran war’s first months, a portfolio long BTC and short gold would have outperformed a classic “own gold in a crisis” stance by roughly a third. Whether that holds in the next geopolitical shock is an open question — but this episode has given Bitcoin one of the strongest empirical arguments yet for its role as a competing macro hedge.

From his prison cell at FCI Lompoc, Sam Bankman-Fried (SBF) is running the same Donald Trump-cheerleading play that Pam Bondi ran right before Trump fired her. He’s joined Bondi on team “Dow 50K.”

The convicted FTX fraudster’s proxy-run X account posted on Wednesday that the S&P 500 had hit a record level of 7,365. The index, the ex-FTX CEO claimed, had rallied an impressive 22.8% since Trump’s second inauguration.

At the corresponding time during Joe Biden’s presidency, it was up just 7%. 

The post pulled more than 1.5 million views and tagged @realDonaldTrump, as nearly all of SBF’s recent posts do.

It is a near-perfect echo of the rhetorical move that turned Bondi’s glaze into a meme. 

At her February 2026 House Judiciary hearing on the Department of Justice’s handling of the Jeffrey Epstein files, the then-US attorney general abruptly pivoted away from questions about the files.

Instead of responding, she started reciting stock index prices instead, reminding lawmakers that the Dow Jones Industrial Average index was over 50,000, the S&P near 7,000, and that Americans’ 401(k) retirement accounts were “booming.”

The clip of her desperate attempt to defend Trump went viral. 

Dow 50K became a meme

Despite her attempts to defend Trump amid a Congressional inquiry into her own mismanagement, Trump fired her on April 2.

SBF is serving 25 years for stealing roughly $8 billion from FTX customers. Despite Trump’s repeated denials to pardon him, he’s apparently undeterred, including by Bondi’s cautionary tale.

The former FTX head’s post yesterday isn’t a one-off occurrence. 

For weeks, he’s been posting similar Trump-Biden comparisons. On April 27, his account wrote that the S&P had hit 7,174. The breakdown was 19.6% under Trump versus 8.6% at the same point under Biden. 

The format was identical to yesterday’s post. So was the implicit pitch.

MIAMI BEACH, Fla. — At the EasyA Hackathon tucked inside Consensus Miami 2026, the energy felt less like a traditional crypto developer event and more like a live audition for the next generation of the intersection of blockchain and AI-native startups.

Nearly 1,000 developers competed at the venue, some from established crypto ecosystems like Base and Solana, and others arriving from companies like Microsoft and Google, all racing to build products around one theme that kept surfacing in conversation after conversation: AI agents.

The focus on AI agents had already emerged earlier this year at the EasyA x Consensus Hong Kong hackathon, where organizers described 2026 as the “Year of the Application Layer” as developers increasingly shifted from infrastructure tools toward AI-powered consumer applications and autonomous agents.

For brothers Dom and Philip Kwok, co-founders of EasyA, that evolution is exactly the point. What began as a small hackathon series in Austin, Texas, during Consensus 2023 has quickly transformed into one of crypto’s most closely watched builder gatherings, attracting young passionate developers with increasingly teams with serious technical pedigrees.

Their ambition for the event is bluntly simple. “We want billion-dollar companies coming out of EasyA,” Dom Kwok said during an interview with CoinDesk at the hackathon floor. “We’ve already had, out of our other hackathons, a $10 billion company.”

That success story has become part of EasyA lore. One Harvard team that pitched at a previous EasyA event went on to found “Permission AI,” which the Kwoks say is now valued at roughly $10 billion. Another former participant, Axel, is building stablecoin yield products backed by bitcoin.

Other alumni have reportedly gone through Y Combinator, raised from top venture firms and processed hundreds of millions in transactions. The message to developers walking through the Miami event was clear: this is no longer just a couple-days coding competition, it’s increasingly being framed as a launchpad for venture-scale companies.

This year, however, the center of gravity has unmistakably shifted toward agentic AI. Coinbase sponsored challenges around x402, an emerging framework developers are experimenting with for AI-agent payments and interactions, while Solana and Solana Mobile pushed teams toward mobile-first applications and consumer experiences.

“Lots of developers [are] really excited about AI agentic workloads,” Dom said, pointing to the recent wave of massive venture funding flowing into AI-agent infrastructure startups.

Some of the projects already circulating around the venue reflected how far builders are stretching the category. One team called Praxis was working on blockchain-connected drones controllable through smartphones, what the brothers described as “the next Palantir on the blockchain.” Another startup was building what they called “hyper-intelligent AI,” software designed to turn text prompts into physical 3D objects. “You could put in a prompt and say, ‘Build me a microscope,’ and it will actually build it for you,” Phil said. “It’s like the next phase of taking ChatGPT from something informational into something embodied.”

The winners:

The judges rewarded projects that pushed AI agents beyond chatbots and into real-world coordination, automation and commerce, whether through hardware, payments infrastructure or consumer-facing apps. Across the different sponsor tracks, the winning teams reflected the broader shift underway at this year’s hackathon: developers were no longer just building crypto tools, they were building products meant for everyday use. Prizes differed per track, and are still pending on how they will be divied up in each category.

Kickstart Track ($50,000):

First place: FlyPraxis

Taking the top spot in the Kickstart track was FlyPraxis, a real-time drone intelligence platform designed for military operators. The team pitched the project as “Palantir, but in real time,” using AI-powered coordination and live battlefield intelligence to manage autonomous drone systems.

Second place: HIIE

HIIE placed second with a platform that turns text prompts into fully buildable hardware products. Using AI agents to manage everything from physics calculations and component sourcing to 3D CAD generation and assembly documentation, the startup aimed to compress months of hardware prototyping into a single workflow.

Third place: Clan World

Clan World rounded out the top three in the Kickstart track, joining a broader wave of teams experimenting with AI-native coordination and community-driven applications.

Solana Mobile Track ($30,000 + $75,000 worth of Solana phones)

First place: Parabola

In the Solana Mobile track, first place went to Parabola, a decentralized prediction and estimation market built on Solana. The platform allows users to speculate on real-world events through a distribution-based AMM model designed for mobile-native trading experiences.

Second place: Snakr

Snakr took second place with an AI-powered food intelligence app that lets shoppers scan products to identify potential health risks, FDA recalls and ingredient concerns. Users can also contribute missing product information and earn Solana-based rewards in return.

Third place: Rhythym

Third place winner Rhythym focused on productivity and accessibility, building a mobile routine-support app aimed at helping users with executive dysfunction complete daily tasks. The app integrates with Solana’s Seeker phone, Nova 2 Lite and x402 infrastructure to create AI-assisted workflows.

Coinbase / AWS Track ($45,000)

First place: Dairy Price API x402

The Coinbase and AWS track centered heavily on AI-agent payments and autonomous commerce. The winning project, Dairy Price API x402, built a pay-per-call commodity pricing and forecasting service that allows AI agents to access dairy market data without traditional API keys. Payments are settled directly in USDC through x402 on Base.

Second place: AgentPay

AgentPay placed second with a payment coordination system that gives users one-tap approval over AI-agent transactions while using AWS-powered risk validation to ensure agents spend funds responsibly.

Third place: Giggy

Giggy took third place for building a marketplace where users can hire AI agents to perform research tasks. Payments are locked in crypto escrow on Base, while the agents themselves can pay for premium APIs through x402-powered transactions.

Runner up: Chainlens

Chainlens focused on trust and verification for autonomous systems, building an x402-compatible layer that connects AI agents to verified APIs and only releases payment once responses are authenticated.

Read more: AI-powered agents dominate the EasyA x Consensus Hong Kong hackathon

Key points:

• Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance.
• Altcoin buyers have left the scene, keeping in step with Bitcoin’s slight correction.

Bitcoin (BTC) pulled back near $79,000 on Friday, but buying at lower levels pushed the price toward $80,000. The next big question on traders’ minds is whether BTC will resume its uptrend or higher levels will again attract aggressive selling from bears. 

CryptoQuant analyst IT Tech said in a Thursday QuickTake note that BTC needs to rally and maintain above $88,880 for a bottom to be confirmed. Until then, the $85,000 to $88,000 range is likely to see selling by buyers who want to “get out flat.”

However, Bollinger Bands creator John Bollinger has a different view. In an X post on Thursday, Bollinger said that their trend model had turned positive for BTC a day earlier and they had taken a position accordingly.

Crypto market data daily view. Source: TradingView

Among all the positives, a minor negative for the bulls is that BTC exchange-traded funds recorded $277.5 million in outflows on Thursday. That was the first net outflow in May, according to SoSoValue data. That suggests select investors have turned cautious and are booking profits near overhead resistance levels.

Could BTC and the major altcoins bounce off their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC pulled back from $82,850 on Wednesday, signaling that the bears are fiercely defending the $84,000 overhead resistance. 

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day exponential moving average ($77,929) is the critical support to watch out for on the downside. If the BTC price rebounds off the 20-day EMA with strength, it signals that the bulls are buying on every minor dip. That improves the prospects of a break above the $84,000 level. If that happens, the BTC/USDT pair may skyrocket to $92,000, then to $97,924.

Sellers are likely to have other plans. They will strive to defend the $84,000 level and yank the price below $74,937. If they manage to do that, the pair may tumble to the 50-day simple moving average ($73,448) and then to the support line.

Ether price prediction

Ether (ETH) closed below the 20-day EMA ($2,304) on Wednesday, indicating that the bulls are booking profits.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The next stop on the downside is the 50-day SMA ($2,225), followed by the support line. A solid rebound off the support line suggests the ETH/USDT pair may remain within the channel for a few more days.

The first sign of strength will be a break and close above $2,465. The pair may then rise to the resistance line, where the bears are expected to step in. However, if the bulls prevail, the ETH price may soar to $3,050.

BNB price prediction

BNB (BNB) has pulled back toward the moving averages, suggesting bears are selling on minor rallies. 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the BNB price bounces off the moving averages with force, it increases the likelihood of a rally to the $687 level. Sellers will attempt to keep the price within the $ 570 to $ 687 range by defending the overhead resistance.

On the other hand, a break and close above the $687 signals that the bulls are back in the driver’s seat. The BNB/USDT pair may rise to $730 and then to $790. Sellers are expected to pose a strong challenge at the $790 level.

XRP price prediction

XRP (XRP) continues to trade near the moving averages, indicating a state of equilibrium between the buyers and sellers.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just below the midpoint do not give either bulls or bears a clear advantage. If the price turns down and breaks below the $1.27 level, the XRP/USDT pair may remain inside the descending channel pattern for a few more days.

On the upside, the bulls are expected to encounter stiff resistance at the downtrend line and then at the $1.61 level. Buyers will have to overcome the $1.61 barrier to signal a potential trend change. The XRP price may then rally to $2.

Solana price prediction

Solana (SOL) is facing selling pressure at the $90.73 level, but a positive for the bulls is that they have not ceded much ground to the bears.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will again attempt to push the SOL price above $90.73. If they succeed, the SOL/USDT pair may surge to $98. Sellers are expected to vigorously defend the $98 level, as a close above it may catapult the pair to $117.

Contrary to this assumption, if the price turns down and breaks below the moving averages, it suggests that the pair may remain inside the tight range for a while longer. A break below the $82.65 level opens the doors for a fall to $76.

Dogecoin price prediction

Dogecoin (DOGE) declined sharply from the $0.12 resistance level on Wednesday, indicating profit-taking by short-term traders.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.10) is the critical support level to watch in the near term. If the DOGE price turns up sharply from the 20-day EMA, the bulls will again attempt to pierce the $0.12 resistance. If they manage to do that, the DOGE/USDT pair may rally to $0.14, then to $0.16.

Conversely, a break and close below the 20-day EMA suggest that the pair may remain within the $0.09 to $0.12 range for a few more days.

Hyperliquid price prediction

Hyperliquid (HYPE) turned down from the $43.76 to $45.77 zone on Wednesday, indicating aggressive selling by the bears.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The HYPE price pulled back to the 20-day EMA ($41.69), an important level to watch. If the price turns up sharply from the 20-day EMA, the bulls will again endeavor to clear the overhead hurdle. If they manage to do that, the HYPE/USDT pair may surge to $50.

This bullish view will be invalidated in the near term if the price continues lower and breaks below the 50-day SMA ($40.29). The pair may then descend to $34.45.

Related: Four signs that show Ethereum’s rally is exhausted at $2.4K

Cardano price prediction

Cardano (ADA) continues to oscillate within the broad range of $0.22 to $0.31, indicating a balance between supply and demand.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.25) has begun to turn up gradually, and the RSI is in positive territory, indicating a slight edge for the bulls. If the price turns up above the moving averages, the bulls will attempt to drive the ADA/USDT pair to $0.30 and, later, to the stiff overhead resistance at $0.31.

Contrarily, a break below the moving averages suggests that the bulls are losing their grip. The bears will then strive to pull the ADA price to the $0.22 support.

Zcash price prediction

Zcash (ZEC) broke above the $560 resistance on Wednesday, but the bears stalled the rally at $607.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

The shallow pullback is a positive sign, as it indicates the bulls are not rushing to close their positions. That improves the prospects of the continuation of the uptrend. If the ZEC/USDT pair breaks above $607, the next target is likely $750.

On the downside, support lies at the 38.2% Fibonacci retracement level at $496, then at the 50% retracement level at $462. Sellers will be back in the driver’s seat on a close below the 61.8% retracement level of $428.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) turned down sharply from $486 on Wednesday, suggesting bears are aggressively defending the level.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The flattish 20-day EMA ($450) and the RSI near the midpoint suggest that the BCH/USDT pair may remain inside the $419 to $486 range for some more time.

The next trending move is expected to begin on a close above $486 or below $419. If buyers secure a close above $486, the BCH price may start an up move to $520. Alternatively, a close below the $419 support signals the resumption of the next leg of the downtrend toward $375.