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Pi Coin Price Prediction for Today (June 7) Pi Coin Price Prediction for Today (June 7) Table of Contents What We Got Right Yesterday What These Indicators Say About Pi Coin Price Pi Coin Price Prediction for Today We recommend Pi price is showing signs of an upcoming rebound, with yesterday closing slightly green, and it is already seeing some green today as well. The price bounced from around $0.60 three days ago. That’s the second time in a week it has done that, which suggests that buyers are stepping in around that zone. The bounce rejected further downside, and yesterday’s mild uptick seems to be continuing this morning. Right now, the price of Pi coin is trading at around $0.63. This is still down by about 20% over the past two weeks, and roughly 60% over the past month. Overall, the Pi Network price is still under pressure due to lingering negative sentiment across the ecosystem. #pi #Picoins #PiCoinRate
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Will continuing OPEC+'s output hikes weigh on oil prices? Oil prices lack clear direction ahead of the upcoming OPEC+ monthly meeting and shifting US tariff policy signals. With the meeting moved to 30 May, markets expect major oil producers to approve an additional daily output hike of 411k barrels. Meanwhile, US President Trump's decision to temporarily delay a 50% tariff on the EU has boosted risk appetite, supporting a rebound in oil prices. USOIL retested the support at 60.00 and currently consolidates within the range of 60.00–62.00. The price hovers around EMA21, awaiting an additional trigger for a breakout. If USOIL falls below 60.00, the price may retreat to the next support at 55.00. Conversely, if USOIL breaches above the descending trendline, the price could advance toward the resistance at 64.50. #US #news
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Why Sol price down ?🥵 Solana's 3.3% price drop in 24 hours reflects a mix of market-wide panic from the Musk-Trump feud, regulatory uncertainty around staking ETFs, and technical breakdowns below key support levels. Market-wide panic from Musk-Trump clash triggered $986M liquidations. SEC scrutiny over Solana-based staking ETFs dampened institutional sentiment. Technical breakdown below $160 support and bearish momentum indicators. Deep Dive 1. Primary catalyst: Musk-Trump feud spooks markets The public clash between Elon Musk and Donald Trump on June 5–6 triggered a crypto-wide selloff: $986M liquidations in 24 hours (358% spike vs previous day) SOL fell 5.2% alongside Bitcoin’s 4% drop (CoinMarketCap) Tesla shares plunged 15%, amplifying risk-off sentiment in tech-correlated assets like crypto. This political volatility overshadowed bullish fundamentals, including $1B+ SOL accumulation by institutional buyers like SOL Strategies in recent weeks. 2. Supporting factors: Regulatory headwinds SEC concerns: On May 30, the SEC questioned the legality of proposed Solana staking ETFs, creating uncertainty about institutional demand (NullTX). Derivatives data: SOL open interest fell 5.5% to $2.87B since May 30, with funding rates turning negative (-0.0044%). 3. Technical context: Breakdown accelerates SOL broke critical levels amid high volatility: Key support lost: $160 (20-day MA) and $155 (Fibonacci 78.6% retracement) Indicators: MACD histogram at -3.99 (strong bearish momentum), RSI(14) at 33 (approaching oversold) Next support zones: $144–$148 (May 30 low) and $135–$140 (March accumulation area). Conclusion SOL’s drop reflects crypto’s sensitivity to macro shocks and regulatory risks, amplified by technical breakdowns. While network fundamentals remain strong (1.4M new tokens created in May), traders should watch for $144–$148 demand reactions and SEC developments. Will Solana’s institutional accumulation offset the regulatory overhang if market sentiment stabilizes? #sol #solana
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Black rock has recently purchased a significant amount of Ethereum, worth $34.7 million, fueling speculation about institutional interest in the cryptocurrency. Additionally, Ethereum's staking demand has been increasing, with the validation activation queue reaching over 347,000. The Ethereum Foundation has also been making changes, including restructuring and laying off some staff.#ETH #ETH #ETHETFsApproved #ethnews
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Institutional Adoption Wave Rocks Ripple’s XRP After Chinese Firm Targets $300 Million XRP Treasury Market Musing-g Institutional Adoption Wave Rocks Ripple’s XRP After Chinese Firm Targets $300 Million XRP Treasury Chinese travel and mobility conglomerate Webus International filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC) on June 2 to formally disclose its plans to establish a $300 million XRP treasury. The move marks one of the largest crypto treasury bids by a public Chinese company to date and signals rising institutional interest in XRP amid growing demand for borderless payment systems. Notably, the SEC reveals a strategic partnership with Samara Alpha Management, which will advise Webus on the phased implementation of the XRP treasury. According to the company, the allocation will be funded through non-equity financing, including commercial bank loans, internal cash reserves, and institutional credit lines—preserving shareholder value by avoiding share dilution.#xrp #Xrp🔥🔥
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