#thecryptoreport
1. Pi Network (PI) Faces Heavy Selling Pressure
Pi Network's price has dropped over 7%, continuing its bearish trend. High selling pressure and technical breakdowns contribute to the decline.
2. Binance Allegedly Burns 10 Trillion PEPE Tokens
Rumors suggest Binance moved 10 trillion PEPE tokens ($100M) to a burn wallet. However, no official confirmation has been found. Investors should verify before reacting.
3. P2P USDT Price Disparity in Developing Countries
USDT buyers pay around 300, while sellers get 281 or lower due to supply-demand imbalances, regulatory factors, and transaction risks.
4. USD1 Token Not Tradable – Scam Alerts Issued
Officials warn that USD1 is currently non-tradable. Investors should avoid scams and follow official channels for updates.
5. SEC Targets Crypto Firms Amid Regulatory Crackdown
The SEC is increasing scrutiny on crypto exchanges and DeFi projects, citing regulatory violations and investor protection concerns.