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SIGN’s 100M ‘Orange Basic Income’ pushes DeFi toward self-custody

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Coin Center presses Senate to keep dev protections in BRCA bill

SIGN’s 100M “Orange Basic Income” locks rewards on-chain and pays higher yields to wallets that keep SIGN in self-custody instead of on centralized exchanges.

SIGN has unveiled its “Orange Basic Income” (OBI) initiative, a 100 million token incentive program designed to pay users for holding SIGN in self-custody wallets rather than on centralized exchanges. The project describes OBI as a way to “reward real on-chain holders” and to “redefine value rewards for long-term holders” by tying payouts directly to wallet balances and how long tokens remain under self-custody.

SIGN is the native utility token of the Sign ecosystem, an omni-chain attestation and token-distribution infrastructure originally incubated by the EthSign team. The protocol underpins products like Sign Protocol, TokenTable and SignPass, which handle on-chain identity, credential verification, airdrops, vesting and unlocks across Ethereum and other major networks. SIGN launched its token in late April 2025 with a total supply of 10 billion, following several funding rounds backed by venture investors and a large community airdrop allocation. The project is now positioning SIGN as a long-term governance and incentive asset for builders, institutions and the “Orange Dynasty” community aligned around self-custody and transparent on-chain distribution rails.

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According to the launch materials, Season 1 of OBI will distribute up to 25 million SIGN, with 9 million tokens reserved purely for holding rewards. “To participate, users must hold their SIGN in a self-custody wallet,” one explainer states, adding that “tokens held on exchanges or locked in third-party platforms do not qualify.” The token itself trades under the ticker SIGN, with live pricing and market data available on its dedicated page in the crypto.news market-cap section.

OBI is explicitly framed as a break with yield products that resemble traditional staking. Rather than promising a fixed percentage return, SIGN calculates rewards using a time-based formula that tracks on-chain balances over the course of a season, favoring wallets that commit to holding through volatility while avoiding exchange custody. The team argues this approach “abandons the traditional fixed staking model” in favor of a mechanism that more closely aligns incentives with decentralization and user control.

In its announcement thread on X, SIGN called the program “Holder Supremacy,” urging users to “secure your eligibility by moving your $SIGN to a self-custody wallet” before each snapshot. The launch comes as DeFi protocols from lending platforms to liquid-staking services race to distinguish themselves with more transparent reward structures, and mirrors a wider industry trend of traders shifting away from centralized venues toward self-custody and on-chain liquidity.

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To back the scheme, the foundation says all 100 million OBI tokens are locked in a public on-chain custody address, with funds sourced from a prior strategic buyback. This, SIGN argues, ensures that “each quarterly reward is fully collateralized and publicly transparent,” a structure aimed at institutional users and regulators wary of opaque token incentive programs and DeFi yield promises.

Analysts are now watching how OBI affects metrics like token velocity, wallet counts and the proportion of SIGN held off exchanges, as these will reveal whether self-custody incentives meaningfully change investor behavior. At the same time, the move lands amid mounting policy debates over hardware wallets, DeFi oversight and self-custody rules, underscoring how programs that push assets off centralized platforms could become a focal point in the next phase of crypto regulation.

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Crypto World

Bitcoin Traders Warn BTC Price Bear Market Is Set to Resume Toward $46K

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Cryptocurrencies, Bitcoin Price, Markets, Market Analysis

Bitcoin’s (BTC) failure to close the week above the 200-week exponential moving average (EMA) on Sunday put it at risk of another downward leg over the coming weeks or months.

Key takeaways:

  • Bitcoin price signals “structural weakness” with failure to close week above a key trend line.

  • Analysts say the next breakdown clears path for another sell-off toward $46,000.

  • The $47,000 level features as a deep structural support for Bitcoin. 

Bitcoin price weakness sparks sub-$50,000 targets

Data from TradingView showed BTC/USD trading at $71,190, or 6% higher than its intraday low of $67,300.

The pair had failed to produce a weekly close above the 200-weekly EMA on Sunday, currently at $68,300, suggesting that last week’s relief rally to $76,000 was a possible bull trap.

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Cryptocurrencies, Bitcoin Price, Markets, Market Analysis
BTC/USD weekly chart. Source: Cointelegraph/TradingView

There is evidence of profit-taking every time Bitcoin rises to key accumulation levels, and commenting on the current market setup, many traders warned that any downside could snowball quickly.

Related: Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows

“$BTC broke down from the rising wedge over the weekend,” said analyst Jelle in a Monday post on X, adding:

“Consolidate here for a day or two, and those untapped lows look ripe for the taking.”

The analyst was referring to the area between the local low of $65,500 and the range low of $59,930 reached on Feb. 6.

BTC/USD daily chart. Source: X/Jelle

“BTC has lost the EMA50 once again, and the global crisis feels more insecure today than it did 2 weeks ago,” fellow analyst Stockmoney Lizards said in the latest Bitcoin analysis on X.

Combined with the technical weakness, “it looks like we could be revisiting the sub-$60K area,” the analyst added.

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“Bitcoin is getting close to taking that next leg lower into the mid-$40Ks,” analyst Michael J. Kramer said, referring to the measured target of a bear flag around $46,600.

BTC/USD daily chart. Source: Michael J. Kramer

These targets echo prediction market traders, who price in a 70% chance that Bitcoin drops below $55,000 in 2026, while placing the odds of a drop below $45,000 at 46%. 

“Deep structural” support for BTC is at $47,000

Bitcoin is trading near the 200-week EMA at $68,300, coinciding with the realized price of the “largest holder cohort (100-1K BTC),” according to CryptoQuant analyst Axel Adler Jr.

“As long as the price holds above $68K, the largest cohort remains near its cost basis and maintains a more resilient position,” Adler Jr. said in a Bitcoin analysis on Monday, adding:

“A move below this level would signal deteriorating structure and increase the likelihood of a more nervous reaction from large holders.”

Bitcoin realized price balance of 10-100 vs 100-1K. Source: CryptoQuant

Meanwhile, the realized price of the 10-100 BTC holder cohort sits notably lower around $46,700, forming a “deep structural threshold that would become meaningful only in the event of a full-scale deterioration in market regime,” the analyst added.