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$SOL Future Outlook: Solana remains in a strong macro uptrend, backed by growing institutional interest, ETF anticipation, and increasing network activity. On-chain data points toward reduced selling pressure, suggesting that SOL could challenge its previous all-time highs around $293 later in 2025. The long-term solana price forecast remains bullish, projecting possible new highs if the bullish structure is maintained.
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#USStablecoinBill A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made to the bill. In a joint statement issued on May 3, the Senators noted that there are several issues with the current version of the stablecoin bill known as the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The Senators noted: “While we are eager to continue working with our colleagues to address these issues, we would be unable to vote for cloture should the current version of the bill come to the floor.” The statement was signed by Senators Raphael Warnock, Catherine Cortez Masto, Ben Ray Luján, John Hickenlooper, and Adam Schiff. Surprisingly, Senators Ruben Gallego, Mark Warner, Lisa Blunt Rochester, and Andy Kim, all of whom supported the bill when it passed the Senate Banking Committee in March, were also among the signatories. It is worth noting, however, that the two Senate Democrats co-sponsoring the GENIUS Act alongside lead sponsor Republican Senator Bill Hagerty — Kirsten Gillibrand and Angela Alsobrooks — did not sign the statement.
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#MarketPullback How does an investor know if the market is in a correction or the start of a bear market? Many investors have a difficult time distinguishing the differences, and the psychological toll of watching the market drop day after day can lead to poor decision making. The severity of sell-offs needs to be understood, especially in a trading environment where markets have experienced recent all-time highs and the economic, political and geopolitical risks seem to be front and center. Pullback A pullback is a market drop of 5-10% and is very short term. It is a dip from a recent high during an ongoing bull market while upward momentum is still intact, and is a normal adjustment to a market cycle. The drops typically do not change the market sentiment or outlook. According to asset management and investment firm Guggenheim Investments, the S&P 500 Index has experienced 80 pullbacks since 1945 and had five separate 5%
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Pakistan vows 'full spectrum' response to Indian aggression Pakistani envoy warns of imminent Indian strike, cites leaked plans targeting areas in Pakistan as proof. News Desk | May 04, 2025 a pakistani made shaheen iii missile that is capable of carrying nuclear warheads is displayed during a military parade to mark pakistan national day in islamabad on march 23 2022 courtesy voice of america A Pakistani-made Shaheen-III missile that is capable of carrying nuclear warheads is displayed during a military parade to mark Pakistan National Day, in Islamabad, on March 23, 2022. Courtesy: Voice of America Pakistan will deploy the "full spectrum of power," including nuclear capabilities, in response to any Indian military strike or disruption to critical water resources, its ambassador to Russia has warned. In a stark statement to Russian broadcaster RT on Saturday, Ambassador Muhammad Khalid Jamali claimed Islamabad had intelligence indicating imminent Indian military action. “There are leaked documents suggesting plans to strike certain areas of Pakistan,” he said, calling the threat “imminent.” The ambassador’s remarks follow heightened tensions between the nuclear-armed neighbours after a deadly April 22 attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK). New Delhi has accused Islamabad of harboring militant groups, pointing to suspected Pakistani nationals linked to the assault in Baisaran Valley, which killed multiple civilians. Pakistan has denied involvement, calling for an international investigation and proposing that nations such as China and Russia participate. “We expect neutral and credible inquiries into the incident,” Jamali said. The envoy also issued a pointed warning over India’s suspension of the Indus Waters Treaty—a long-standing agreement governing cross-border rivers. “Any attempt to usurp or divert water would constitute an act of war and would be met with full force,” he said.
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How to buy and sell Pi Coin easily with Banxa? A company called Banxa is now working with the Pi Network to help Pi Pioneers easily convert Pi coin into real money (fiat) and also buy Pi using fiat. This means that Pioneers can soon send their Pi to Banxa and receive money directly in their bank accounts, or use Banxa to purchase Pi using methods like credit cards, bank transfers, or Apple Pay. Banxa is similar to the “PayPal of crypto” but more advanced. It enables consumers to purchase and trade cryptocurrencies using ordinary money (such as USD, EUR, or INR) via secure payment methods like bank transfers, credit/debit cards, and Apple Pay. What makes Banxa stand out is its full regulatory compliance. It follows strict laws like KYC (Know Your Customer) and AML (Anti-Money Laundering). This ensures that all transactions are legal, secure, and safe for users across many countries. Now, Banxa is joining forces with the Pi Network. It has already acquired 30 million Pi coins to provide enough liquidity, making it easier for Pi Pioneers to buy Pi with fiat or sell their Pi and receive real money in their bank accounts. This partnership acts as a fiat on-ramp and off-ramp for Pi, bridging the gap between traditional banking and the growing Pi ecosystem. It’s a big step toward making Pi a real, usable currency in the global economy.
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