Key takeaways

• Pi Network is trading above $0.091 after gaining 10% in August.
• OpenPay has restored its cash-in feature, enabling users to convert PI and other altcoins into the OUSD stablecoin.
• PI must break above the $0.1000–$0.1022 resistance zone to strengthen its bullish outlook. 

Pi Network traded in positive territory above $0.091 on Tuesday, preserving the 10% gain recorded during August.

The token’s latest recovery coincides with OpenPay’s decision to restore its cash-in feature. The service allows users to convert PI and other supported altcoins into the OUSD stablecoin for payments and transfers.

Despite improving utility, PI remains below the psychologically important $0.1000 level. A confirmed breakout above this resistance is required to establish a stronger upward trend.

OpenPay restores cash-in support for PI

OpenPay, a Web3 decentralized wallet connected to the Pi Network ecosystem, announced on Monday that it had reintroduced its cash-in feature following community demand.

The service supports 96 partners, including Pi Network, local banks in the Philippines and international payment providers such as Apple Pay and PayPal.

Users choosing to pay with PI must first convert their tokens into OUSD. The resulting stablecoins can then be used for transfers, QR-code payments or transactions directed back toward a Pi Wallet.

Restoring the feature could increase PI’s practical utility by providing holders with additional ways to move and spend their assets.

However, OpenPay’s additional Know Your Customer requirements may raise privacy and accessibility concerns among some community members.

PI remains capped below $0.1000

PI traded around $0.0915 on Tuesday but remained below the $0.1000 psychological resistance level.

The price continues to move sideways above the 23.6% Fibonacci retracement level at $0.0836. This retracement is based on PI’s decline from $0.1341 to $0.0703.

The consolidation indicates that buyers are defending lower levels, although persistent selling pressure around $0.1000 continues to limit the recovery.

PI must record a confirmed breakout above $0.1000 to strengthen its bullish outlook. The 50% Fibonacci retracement level at $0.1022 reinforces this resistance, creating a significant supply zone between $0.1000 and $0.1022.

A decisive daily close above the area could encourage sidelined buyers to enter the market and extend PI’s recovery toward the 78.6% Fibonacci retracement level at $0.1204.

The Moving Average Convergence Divergence indicator and its signal line are moving sideways slightly above the zero level on the daily chart.

This setup suggests that bullish momentum remains weak despite PI holding onto its recent gains.

The Relative Strength Index stands near 52, slightly above its neutral midpoint. Although the reading provides a mildly constructive signal, it does not indicate strong buying pressure.

Together, the indicators suggest that PI may continue consolidating unless buyers generate enough momentum to overcome the resistance around $0.1000.

The 23.6% Fibonacci retracement level at $0.0836 provides the most important immediate support.

A confirmed breakdown below this level could expose the swing low at $0.0703. Losing that support would weaken the current recovery structure and could push PI into a new price-discovery phase.

PI’s near-term direction will therefore depend on whether buyers can reclaim the $0.1000–$0.1022 resistance zone or sellers force a breakdown below $0.0836.

Bitcoin price traded just below $78,000 on Sept. 1 after retreating from the $81,000 area, as fading trend strength, Federal Reserve rate concerns and nearby liquidation clusters kept the cryptocurrency inside a narrow range.

Bitcoin price consolidates after 25% August rally

According to data from crypto.news, Bitcoin (BTC) price was trading near $77,978 at press time, down about 0.8% on the day and roughly 1.9% over the past week. The asset has pulled back from a local high near $81,300 while holding above the $77,700–$77,800 area.

The decline followed a nearly 25% advance in August, Bitcoin’s strongest monthly performance since November 2024. Profit-taking increased as buyers struggled to push the price through the $81,000–$82,000 resistance zone.

The daily chart shows Bitcoin holding most of its August breakout despite the recent pullback. Price remains well above the Supertrend support at $72,310, while the indicator continues to show a bullish trend on the daily timeframe.

However, Bitcoin has repeatedly failed to sustain moves above $80,000. The rejection has left the price inside a short-term range, with neither buyers nor sellers showing enough strength to establish control.

The daily relative strength index stands at 68.02. Although the reading remains above the neutral 50 level, it has fallen below its moving average at 76.83, showing that bullish momentum has cooled since the August surge.

Fed concerns and ETF outflows limit demand

The pullback coincided with a more cautious US macroeconomic backdrop. Federal Reserve Chair Kevin Warsh said at Jackson Hole that policymakers would have “work to do” if inflation failed to move toward the central bank’s 2% target at a sufficient pace.

Warsh’s comments increased expectations that the Fed could consider another interest-rate increase. Higher rates can pressure Bitcoin because they raise the return available on government debt and reduce investors’ willingness to hold risk assets that generate no cash flow.

US spot Bitcoin exchange-traded funds also recorded about $201.8 million in net outflows on Aug. 28, according to SoSoValue data. The withdrawal ended a nine-session inflow streak that had brought more than $3 billion into the funds.

Institutional demand has not disappeared. Strategy disclosed that it purchased 4,603 BTC for approximately $370 million between Aug. 24 and Aug. 30 at an average price of about $80,318.

The US-listed company now holds 845,050 BTC. However, its latest purchase has not been enough to push the market back above the company’s recent acquisition price.

Bitcoin liquidity builds on both sides of the range

CoinGlass’s one-week Bitcoin liquidation heatmap shows substantial leveraged positions building above and below the current price.

The closest large upside clusters sit around $79,500, $80,500, and $81,500–$82,000. A move into those areas could force short sellers to close positions, adding buying pressure and potentially accelerating a breakout.

The clearest downside liquidity is concentrated between approximately $76,500 and $77,000. Another pool extends toward $75,000, making the broader $75,000–$77,000 zone a possible target if Bitcoin loses its current floor.

Pseudonymous analyst Eliz also identified $81,000–$82,000 and $75,000–$77,000 as the two main liquidity areas. The analyst said the market had not received a sufficiently strong liquidity influx to produce a reliable directional setup.

The heatmap does not predict which cluster Bitcoin will reach first. It instead identifies areas where forced position closures could increase volatility once the price exits its present range.

Weak ADX points to continued range trading

Bitcoin’s 4-hour chart supports the consolidation outlook. The Bollinger Bands place their midpoint at $78,242, slightly above the current price.

The upper Bollinger Band stands at $79,062, while the lower band is near $77,422. Price is trading in the lower half of the channel but has not produced a confirmed close below its lower boundary.

A break above $79,062 would put $80,000 back in focus, followed by the heavier liquidation zone around $81,000–$82,000. The daily chart places the next larger resistance level near $82,842.

A daily close above $82,842 would clear the recent high and could confirm that the August rally has resumed. Until then, repeated rejections below that level leave Bitcoin vulnerable to another range reversal.

On the downside, a sustained break below $77,422 would expose the liquidity cluster near $76,500–$77,000. Losing the broader $75,000 level could open a deeper pullback toward daily Supertrend support at $72,310.

The 4-hour average directional index has dropped to 12.26. Readings below 20 generally show that an asset lacks a strong trend, supporting the possibility of further sideways trading until Bitcoin breaks one of the range boundaries.

For US investors, ETF flows and interest-rate expectations remain the main near-term catalysts. A return to sustained spot ETF inflows could help buyers challenge $82,000, while renewed outflows or stronger rate-hike expectations could increase pressure on the $75,000–$77,000 support area.

The London Stock Exchange (LSE) and crypto exchange Kraken are reportedly moving toward tokenized stock trading on a new LSE night-time venue, a bid to make parts of UK equities markets available outside traditional market hours. According to the Financial Times, LSE will work with Kraken’s parent company, Payward, to provide access to tokenized stocks that track major UK equity products starting in 2027.

The plan centers on LSE 24, the stock market operator’s proposed round-the-clock trading facility. LSE said it would begin operating Mondays through Fridays, with trading expected to run from the evening through the night window, offering 24/5 market access once launched.

Key takeaways

• LSE says tokenized stocks referencing leading UK equities would be introduced on its planned LSE 24 night-time trading venue starting in 2027.
• The effort is reported to involve Payward, Kraken’s parent company, which is expected to supply the tokenized-stocks access infrastructure.
• LSE 24 is designed for 24/5 trading, reflecting a broader industry push to reduce reliance on fixed market hours.
• This puts London among multiple global venues exploring tokenized equity products alongside Nasdaq, CME Group, and ICE.
• Onchain tokenized stocks continue to expand, with RWA.xyz data showing growth in both value and the number of holders over the last month.

What LSE’s tokenized equities push would change

Tokenized stocks are digital representations of traditional equities designed to move or settle onchain using blockchain infrastructure. In practice, that can enable fractional ownership, faster settlement workflows, and, depending on regulation and market design, trading that is less constrained by conventional market hours.

For LSE, pairing tokenized stocks with LSE 24’s extended schedule appears aimed at improving accessibility for investors who cannot participate during regular sessions. Instead of treating tokenization as a standalone experiment, the reported approach ties onchain equity access to an LSE product—its own trading venue—suggesting the exchange wants tokenized assets to become part of its mainstream market offering.

Payward’s chief commercial officer Mark Greenberg told the Financial Times that the LSE partnership would provide access to tokenized stocks tracking leading UK equity products starting in 2027. The reported timetable matters because it frames tokenization as something approaching deployment rather than long-term research—though readers should note the detail is based on reporting in the Financial Times.

LSE 24: the “24/5” venue as a catalyst

The technical and regulatory readiness of tokenized securities is only one side of the equation. The other is how and when trades can actually occur. LSE 24, which LSE announced on July 21, is positioned as a market structure that offers 24/5 trading from Mondays to Fridays.

That design echoes the core promise of tokenized markets in general: markets that can potentially run continuously, rather than being limited to standard exchange hours. By placing tokenized stocks within that extended-hours venue concept, LSE is effectively aligning its tokenization initiative with a specific liquidity and trading schedule—important for traders and liquidity providers assessing whether tokenized instruments can gain practical traction.

For investors, the benefit is straightforward: more time to trade during the week. For market operators and service providers, it creates a clearer product pathway—turning tokenization into an operational feature of a trading venue rather than an isolated offering.

Tokenization is becoming a cross-venue industry priority

LSE is not alone in exploring tokenized equity products. The broader push reflects how TradFi institutions are experimenting with blockchain-based securities, often with an eye toward fractionalization and potentially faster settlement mechanisms.

According to earlier coverage cited within the source, Nasdaq agreed in August to acquire LeveL Markets, described as the third-largest alternative trading system in the US by trading volume, as part of a move toward tokenized markets with round-the-clock trading. In March, Nasdaq was also reported to be working with Payward and Payward’s Backed subsidiary (issuer behind xStocks) to build an “equities transformation gateway.” Separately, the source references that Nasdaq had previously filed a tokenization proposal with US securities regulators in September 2025.

The pattern is similarly visible in other exchange groups. The source notes that ICE—parent of the New York Stock Exchange—received investment involvement from crypto exchange OKX to bring NYSE-listed tokenized stocks to the exchange starting from the second quarter of 2026. It also highlights that Deutsche Börse invested $200 million in Payward, tied to plans for broader access to blockchain-based securities and tokenized investment products.

Beyond equities, derivatives venues are also moving toward crypto-linked products. The source cites CME Group’s plans for futures contracts tied to Cardano, Chainlink, and Stellar and its later intention to add Avalanche and Sui futures, subject to regulatory approval. While these are different instrument types than tokenized stocks, they show that large operators are actively building infrastructure for blockchain-adjacent trading.

How fast is tokenized stock adoption progressing?

The LSE initiative arrives as tokenized stocks continue to grow. Data provider RWA.xyz, cited in the source, reported that the total value of tokenized stocks rose by 15% over the previous 30 days to $2.53 billion. Over the same period, it said the number of tokenized equity holders increased by 153% to 2.45 million.

Those figures help contextualize why exchange operators are accelerating exploration: the market for tokenized equities appears to be expanding in both capital and participant counts. Still, investors should distinguish between growth in onchain holdings and growth in regulated exchange volumes. Tokenized assets can exist across multiple venues and jurisdictions, and the level of liquidity varies widely depending on market access, settlement design, and compliance frameworks.

What to watch next is how quickly tokenized stock offerings move from pilots and partner-led deployments into standardized venue listings—and whether extended trading schedules like 24/5 materially improve execution quality for investors.

For now, the most immediate question is whether LSE’s 2027 timeline for tokenized equities on LSE 24 holds through regulatory reviews and market preparation. As other large exchanges press forward with tokenization strategies, the next signals for investors will be concrete launch details, the structure of tokenized instruments, and evidence that liquidity can follow the promise of more hours and broader access.