cryptonew

The crypto market has taken another hit in the past 24 hours — and it’s not just due to overall economic trends. Several specific events are behind this latest decline:

1. Ethereum ETF Decision Delayed
The U.S. SEC has postponed its decision on multiple spot Ethereum ETF applications. Many investors were expecting approvals soon, so the delay shook confidence — especially among big players hoping for more institutional involvement.
$ETH
$BTC

2. Big Sellers (Whales) Cashing Out
Bitcoin couldn’t break past the $95,000 resistance level. That led to major holders (whales) selling off their positions for profit. This selling caused a wave of stop-loss triggers and over $500 million worth of long positions to get liquidated within 12 hours.

3. Lower Liquidity Before Fed Announcement
As the Federal Reserve prepares to announce its next interest rate decision, market makers are pulling back liquidity from riskier assets like crypto. With fewer buyers and sellers in the market, even small sell-offs are causing big price drops.

4. On-Chain Activity Slowing Down
Usage on blockchains like Ethereum and Solana has dipped, with fewer active addresses and lower fees being generated — showing a decline in actual demand and user activity.

Bottom Line:
With regulatory delays, technical resistance, and weak user activity, the market is on shaky ground. Until there’s more clarity from U.S. regulators and the Fed, we’re likely to see more ups and downs.

#CryptoNew #MarketUpdate $BTC #Ethereum #solana

Big news straight from Donald Trump!
The U.S. President just revealed the first-ever details about America’s future Crypto Reserve — and it’s shaking up the market! 🚀
🔹 Trump officially named $XRP, $SOL (Solana), and $ADA (Cardano) as the first assets chosen for the Strategic U.S. Crypto Reserve! 💎
➡️ Interestingly, Bitcoin ($BTC ) and Ethereum ($ETH ) — the two largest cryptocurrencies by market cap — were NOT initially included. ⚡
Trump made this bombshell announcement on his platform, Truth Social.
Here’s what he said:
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration. My Executive Order on Digital Assets has directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. becomes the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
🔥 But wait… there’s more!
Just minutes later, Trump posted another update:
📢 Bitcoin ($BTC ), Ethereum ($ETH ), and other valuable cryptocurrencies will ALSO be included in the Reserve! 🌎💰
🧠 What This Means for Crypto Investors:
✅ A huge boost in mainstream adoption
✅ More regulatory clarity and institutional confidence
✅ Potential for major price surges across listed assets like $XRP, $SOL, $BTC , and $ETH ! 🚀
💬 Final Thoughts:
Trump is making serious moves to position the U.S. as the global leader in crypto innovation! 🌟
This strategic crypto reserve could be the game-changer the industry has been waiting for! 🎯
Crypto winter is melting fast — are you ready for the new era? ⏳
Drop your thoughts below! Which coin do YOU think should be in the U.S. Crypto Reserve? 👇
#CryptoNew #SaylorBTCPurchases #xrpetf #TariffPause

U.S. Senator Jon Ossoff has called for the impeachment of Donald Trump, citing a controversial dinner organized for the top holders of the memecoin $TRUMP. The event, held at the Trump National Golf Club, offered exclusive access to the 220 largest investors of the token, causing its value to increase by more than 50%.

Ossoff considers this meeting a "serious offense," pointing to potential conflicts of interest and the selling of access to the president for personal financial gain. Other lawmakers have also called for an ethical investigation into the case.

The long-awaited **Pi Network Mainnet launch** is one of the most anticipated events in the crypto space. With millions of Pioneers eagerly waiting, here’s everything you need to know about the launch date, latest updates, and what to expect.
$pi **🚀 Has the Pi Network Mainnet Officially Launched?**
As of **2024**, Pi Network remains in **Enclosed Mainnet** mode, meaning the blockchain is operational but restricted. The Core Team has not yet announced an official date for the **Open Mainnet** transition, but speculation suggests it could happen soon based on recent developments.
**📅 Possible Mainnet Launch Window**
While no exact date has been confirmed, several clues hint at progress:
- **KYC & Migration Acceleration**: Millions of users have completed KYC, and Pi balances are being migrated to the Mainnet wallet.
- **Pi Ecosystem Growth**: More apps and utilities are being integrated into the Pi Browser.
- **Exchange Listings**: Pi is already trading on several exchanges (e.g., HTX, XT.com) via IOU markets, with prices ranging between **$30-$50**.
Many in the community predict an **Open Mainnet launch in 2024**, possibly after further ecosystem scaling and regulatory compliance checks.
**🔑 Key Updates Before Mainnet Goes Fully Open**
1. **KYC Completion Required** – Only users who pass KYC will be able to migrate their Pi to the Mainnet.
2. **Utility Expansion** – The Pi Core Team is pushing for real-world use cases, including shopping, services, and DeFi integrations.
3. **Node & Developer Support** – More nodes are being approved, and developers are building Pi-based apps.
4. **Regulatory Compliance** – Pi Network is ensuring it meets global crypto regulations before full launch.
**💡 What to Expect When Mainnet Goes Open**
✅ **Pi Becomes Fully Tradeable** – Open Mainnet means Pi can be freely bought, sold, and traded on major exchanges.
✅ **Price Discovery** – The true market value of Pi will be determined by supply and demand.
✅ **Mass Adoption Push** – Expect partnerships, merchant adoption, and more Pi-powered apps.
✅ **Potential Volatility** – Early trading could see significant price swings as the market stabilizes.
**📌 Final Thoughts**
The Pi Network Mainnet launch is coming, but patience is key. Pioneers should:
✔ Complete **KYC** (if not done already).
✔ Stay updated via **official Pi Network announcements**.
✔ Avoid scams—Pi will **never** ask for payment to migrate.
**Are you ready for Open Mainnet?** Drop your thoughts below! 👇
#PiNetwork #Picoins #MainnetLaunch #CryptoNew #Pi2Day #PiCommunity