The rally highlights how recent developments within the Chiliz ecosystem and increased user activity can directly influence token demand. Analysts point particularly to DeFi innovations and exchange campaigns as key drivers behind the sharp rise in CHZ’s price. This trend suggests that Chiliz’s adoption across both the sports industry and the crypto community is expanding, while investor interest continues to grow.

DeFi Innovation Boosts Confidence

One of the main catalysts behind CHZ’s surge is a new DeFi upgrade on the network. Chiliz recently launched the Decentral Protocol, which enables football clubs to borrow stablecoins by using their future media and broadcasting revenues as collateral.

• A $1 million USDC pool has already gone live, offering an annual yield of 12%.
• Since CHZ is required for transaction fees and protocol usage, this DeFi activity has increased demand for the token.
• By directly linking the sports and crypto ecosystems, this development has strengthened investor confidence in Chiliz.

Exchange Campaign Increased Demand

Another major factor behind the sudden price spike was a trading campaign hosted on the MEXC exchange. The CHZ Frenzy event attracted more than 140,000 participants over the course of a month.

• Zero trading fees and CHZ holding rewards were offered.
• Futures bonuses of up to 2,500 USDT incentivized traders.

This campaign not only brought new investors into the market, but also significantly increased buying pressure on the token.

Sharp Surge in Trading Volume

Over the past 24 hours, CHZ trading volume jumped by 500%, reaching nearly $200 million. This dramatic increase signals strong buying interest and active participation across the market. When multiple buyers enter simultaneously, sellers are often forced to close positions quickly — pushing prices higher in a short period of time.

Experts note that this surge in volume reflects broad market participation, not just activity from a handful of large investors. While this increases volatility, it also supports short-term upside momentum for CHZ.

Chiliz Technical Price Outlook

From a technical perspective:

• CHZ is trading within a descending wedge pattern on the weekly chart — typically considered a bullish signal.
• The $0.035–$0.037 range is acting as a strong support zone.
• Historically, buyers have stepped in at these levels, preventing deeper declines.

If CHZ holds above this support and continues its upward move, the next key resistance lies near the upper boundary of the wedge. A breakout above this area could trigger a stronger and more sustained rally.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Why Did Chiliz (CHZ) Price Rise Today? appeared first on Coin Engineer.

The post Binance to Issue Risk Warnings for These Altcoins! appeared first on Coin Engineer.

Bitcoin (BTC) continues to be priced at $66,640 after rising up to $67,400. The price could not hold at the $67,000 resistance and fell to its current level by losing volume. If it closes above $66,100 in the first stage, the next target will be the $67,000 resistance level.

This Might Interest You: Putin’s Stern Warnings on Bitcoin Mining

Bitcoin (BTC): The BTC/USDT pair has gained 3.94% in the last 24 hours and is currently trading at $66,640. The resistance levels for BTC are first at $67,000 and then at $68,700. The support levels are at $66,100 and below this region, at $65,460.

Ethereum (ETH): The ETH/USDT pair has gained 2.41% in the last 24 hours and is currently trading at $3,504. The resistance levels for ETH are first at $3,530 and then at $3,655. The support levels are at $3,470 and below this region, at $3,400.

Chiliz (CHZ): The CHZ/USDT pair has gained 7.29% in the last 24 hours and is currently trading at $0.0740. The resistance levels for CHZ are first at $0.0770 and then at $0.0830. The support levels are at $0.06790 and below this region, at $0.06120.

Toncoin (TON): The TON/USDT pair has gained 0.82% in the last 24 hours and is currently trading at $7.345. The resistance levels for TON are first at $7.87 and then at $9.05. The support levels are at $7.24 and below this region, at $6.95.

Tron (TRX): The TRX/USDT pair has lost 0.46% in the last 24 hours and is currently trading at $0.0740. The resistance levels for TRX are first at $0.077 and then at $0.0830. The support levels are at $0.0679 and below this region, at $0.0612.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – July 20 appeared first on Coin Engineer.

Bitcoin (BTC) continues to be priced at $61,860 after failing to surpass the resistance level of $62,440. In the past few hours, the price rose to $62,425 but then lost volume and retreated to $61,700. If the daily candle does not close above $62,440, the next support level is at $61,320.

This Might Interest You: Why Bitcoin’s Correction Isn’t Over Yet: Willy Woo Reveals Short-Term Expectations!

Bitcoin (BTC): The BTC/USDT pair has gained 0.87% in the last 24 hours and is currently trading at $61,860. The resistance levels for BTC are first at $62,440, and then at $63,450. The support levels are at $61,320 and, below this region, at $60,190.

Ethereum (ETH): The ETH/USDT pair has gained 0.21% in the last 24 hours and is currently trading at $3,390. The resistance levels for ETH are first at $3,400, and then at $3,480. The support levels are at $3,360 and, below this region, at $3,300.

Floki (FLOKI): The FLOKI/USDT pair has gained 2.56% in the last 24 hours and is currently trading at $0.0001800. The resistance levels for FLOKI are first at $0.00018885, and then at $0.00020568. The support levels are at $0.00016086 and, below this region, at $0.00015105.

Bonk (BONK): The BONK/USDT pair has gained 2.94% in the last 24 hours and is currently trading at $0.00002319. The resistance levels for BONK are first at $0.00002516, and then at $0.00002648. The support levels are at $0.00002251 and, below this region, at $0.00002059.

Chiliz (CHZ): The CHZ/USDT pair has gained 1.04% in the last 24 hours and is currently trading at $0.07879. The resistance levels for CHZ are first at $0.08328, and then at $0.09149. The support levels are at $0.07698 and, below this region, at $0.06789.

Click here to get the latest news from Coin Engineer!

The post Latest on Bitcoin and Cryptocurrencies – June 26 appeared first on Coin Engineer.

Bitcoin (BTC) experienced a decline after testing the $69,400 resistance level and is currently priced at $67,620. In the past hours, the price surged to $70,000 before falling back to $67,000. If it doesn’t find support at $67,000, the next support level is $66,000.

This Might Interest You: Federal Reserve Holds Rates Steady Amid Inflation Concerns

Bitcoin (BTC): The BTC/USDT pair has gained 0.16% in the last 24 hours and is currently trading at $67,620. Resistance levels are at $68,680 and $69,400, while support levels are at $67,000 and below that, $66,000.

Ethereum (ETH): The ETH/USDT pair has lost 0.43% in the last 24 hours and is currently trading at $3,510. Resistance levels are at $3,530 and $3,655, while support levels are at $3,480 and below that, $3,400.

Chiliz (CHZ): The CHZ/USDT pair has gained 0.11% in the last 24 hours and is currently trading at $0.1188. Resistance levels are at $0.1227 and $0.1297, while support levels are at $0.1179 and below that, $0.1107.

Floki (FLOKI): The FLOKI/USDT pair has lost 8.30% in the last 24 hours and is currently trading at $0.0002161. Resistance levels are at $0.0002266 and $0.0002593, while support levels are at $0.0002057 and below that, $0.0001888.

Thala (THL): The THL/USDT pair has gained 6.05% in the last 24 hours and is currently trading at $0.7636. Resistance levels are at $0.8771 and $1.210, while support levels are at $0.7025 and below that, $0.5543.

Click here to get the latest news from Coin Engineer!

The post Current State of Bitcoin and Cryptocurrencies – June 13 appeared first on Coin Engineer.

Coach Ligue 1 revolutionizes the fan experience by allowing Ligue 1 Uber Eats and Ligue 2 BKT followers to build their dream teams using digital trading cards, all powered by Chiliz Chain. This move demonstrates Chiliz’s commitment to revolutionizing league business models through digital advancements, enabling leagues to lead product development and reimagining partnerships with third-party platforms.

By introducing its own assets and using blockchain technology, Coach Ligue 1 eliminates the risk of license expiry, ensuring a lasting connection with fans and a sustainable approach to leveraging the league’s intellectual property. Fans can participate in a gamified experience, competing weekly in national and global leaderboards using in-game currency to acquire player packages and upgrade their teams. The game also offers five different levels of card rarity, from Espoir to Légende, giving users the chance to participate in increasingly prestigious tournaments.

Through this partnership, Chiliz guarantees the scarcity and value of each player card through the blockchain, improving the collectability and trading experience for fans. The development of Coach Ligue 1 was a joint effort with Unagi, known for its expertise in gaming and web3 technologies, evidenced by their previous project Ultimate Champions.

Chiliz envisions a future where leagues pioneer NFT fantasy sports platforms, enabling them to directly own revenue streams, increase user engagement and explore cross-selling opportunities. Committed to this vision, Chiliz and Socios.com will support leagues in developing these platforms, creating significant equity value for clubs and shareholders.

Alex Dreyfus, CEO of Chiliz, expressed his excitement about the project, emphasizing its potential to transform the sports industry on a global scale. Charlie Guillemot, Co-Founder and CEO of UNAGI, echoed this sentiment, highlighting the new experience Coach Ligue 1 offers football fans. Martin Jaglin, Digital Growth Director at LFP MEDIA, emphasized the importance of the initiative in setting a new standard for league fan engagement and value delivery through proprietary digital assets.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Chiliz Collabrates with French Football Leauge appeared first on Coin Engineer.