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Pi Network Price Tightens as Triple-Bottom Pattern Signals Potential 35% Breakout #PiNetwork  #Picoin  #coin #Crypto 

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US Senate schedules final GENIUS Act vote for June 17 The U.S. Senate is scheduled to hold a final vote on the GENIUS Act next Tuesday to decide the federal framework for stablecoins and their issuers. The bill would require stablecoins to be fully backed by U.S. dollars or similarly liquid assets, mandating annual audits for issuers with more than $50 billion in market capitalization. If passed, the GENIUS Act will head to the House of Representatives for further voting, which is also advancing its own stablecoin legislation, the STABLE Act. Both the Senate and House must reach a consensus on their respective bills, which currently differ on issues such as state and federal regulation of stablecoin issuers, as well as the oversight of foreign issuers like Tether.

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GameStop announced the pricing of its private offering of zero-coupon convertible senior notes late Thursday, upsizing the deal from $1.75 billion to $2.25 billion. The company also granted initial buyers a 13-day option to purchase up to an additional $450 million in notes, with the sale expected to close on June 17. GameStop expects to raise around $2.23 billion in net proceeds from the offering — or $2.68 billion if the full overallotment option is exercised — after deducting fees, commissions, and expenses. The struggling video game retailer intends to use the proceeds for general corporate purposes, including potential acquisitions aligned with its investment policy. In March, GameStop updated that policy to include bitcoin as a treasury reserve asset, then raised $1.5 billion through convertible notes in April. On May 28, GameStop disclosed it held 4,710 BTC (currently worth nearly $500 million) following its first set of bitcoin purchases. The initial $1.75 billion plan, announced late Wednesday, did not seem to go down well with investors, as GameStop's stock plunged 25% at one point on Thursday. GME is currently trading up 3.3% on Friday, according to TradingView.

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.pi Domains Auction Is For Utility Building; Not For Bib And Sell Utility Creation and the .pi Domains Auction As the Auction progresses, some emerging patterns have surfaced that are worth exploring. A significant number of high-activity bids are focused on domain squatting—whereby those bidders seek to obtain domain names associated with major brands, generic terms, or popular phrases. This shifts focus away from the most important goal: utility. .pi Domains were designed as functional Web3 identifiers—anchors for Pi-powered apps, services, and storefronts. What we’re seeing is early momentum driven by this domain squatting based on name ownership. But the intended value of .pi domains comes from active use. For developers and businesses within the Pi ecosystem, these domains should serve as recognizable access points for live applications—whether that’s a merchant storefront, a tool, a blog, or something more advanced. To fully support that original vision, the domain auction should evolve in parallel with the rollout of tools that help Pioneers build apps, not just bid and sell. Solutions to these potential issues—like making app creation more accessible than ever—are being worked on and will be announced soon. - Pi Core Team

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Global tensions between Iran and Israel are causing significant economic instability. Oil prices have surged by 14%, exceeding $77 a barrel, due to fears of supply disruptions from the Middle East. Stock markets are also experiencing a downturn, with the Dow Jones dropping 770 points and European markets also declining. The cryptocurrency market has been severely impacted, losing over $250 billion in value in a single day, with Bitcoin falling below $105,000 and Ethereum and Solana dropping 7% and 9% respectively.

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alpha新规来了，6月19号起空投变成分阶段领取，达标的先领，过一段时间再降门槛，变成先到先得，这是不让双吃了，也不让

超级无敌贝利亚熊大

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