As of February 25, 2025, Bitcoin's price has fallen below $92,000, reaching its lowest point since November 2024. $BTC
Three factors have contributed to this decline ๐ :
1. Geopolitical Tensions:
President Trump's announcement of a 25% tariff on imports from Canada and Mexico has heightened market uncertainties, leading to a 3.9% drop in Bitcoin's value and a $110 billion loss in the broader cryptocurrency market.
2. Security Concerns:
A significant security breach on the Dubai-based cryptocurrency platform Bybit resulted in the theft of $1.5 billion in Ethereum assets. This incident has undermined investor confidence, contributing to the downward pressure on Bitcoin and other cryptocurrencies.
3. Market Dynamics:
A failed attempt to surpass the $98,000 resistance level led to increased selling pressure. Additionally, declining demand from large-scale investors, or "whales," has further exacerbated the price drop.
In summary, the recent decline in Bitcoin's price is attributed to a combination of geopolitical tensions, security breaches, and market dynamics. These factors have collectively influenced investor sentiment and market performance.
Even though Pi Network has launched its Open Mainnet, Binance has still not listed PI/USDT ๐ฅ ๐ Here are the possible 4 reasons why: 1. Binanceโs Strict Listing Requirements Binance requires tokens to have full liquidity, decentralization, and compliance before listing.It conducts deep due diligence on the projectโs tokenomics, security, and regulatory standing. 2. Gradual Exchange Integration ๐ฅ Pi Network is just opening its ecosystem, and integration with major exchanges might take time.Smaller exchanges like Bitget and MEXC may have acted faster, but Binance follows a more structured process. 3. Regulatory and Compliance Factors๐ฅ Binance is a globally regulated exchange, and it ensures that new listings meet regional and international compliance standards.Pi Networkโs KYC and KYB processes are still expanding, and Binance may be waiting for a more transparent financial framework. 4. Pi Core Teamโs Strategy๐ฅ The Pi Network team may be negotiating with Binance or waiting for the right conditions to launch on top-tier exchanges.They might want to first establish a stable market before Binance listing, preventing price volatility. What to Expect? If Pi gains more adoption and liquidity, Binance is likely to list it soon.Keep an eye on official announcements from Pi Network and Binance for any updates. #BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs #pi
๐ Bitcoin's downside movement could be due to several factors, including these 6 reasons :
๐ Post-Halving Market Behavior:
After Bitcoin's fourth halving, miners' rewards were reduced, increasing mining costs. Some miners might be selling more BTC to cover expenses, adding selling pressure.
๐ Profit-Taking :
Many traders and investors who bought Bitcoin earlier might be taking profits, especially after the recent rally leading up to the halving.
๐ Market Manipulation:
Whales and institutions often shake the market by triggering liquidations, forcing smaller traders out before the price moves back up.
๐ Macroeconomic Factors:
Global financial markets, interest rate decisions by the Federal Reserve, and economic uncertainty can influence Bitcoin's price movement. If risk assets like stocks are falling, Bitcoin might follow.
๐ Liquidity & Leverage Liquidations:
High leverage in futures trading often leads to liquidations when the price moves sharply in one direction. If long positions are liquidated, Bitcoin's price drops further.
๐ Technical Resistance Levels:
Bitcoin might be facing resistance at key price levels, leading to repeated rejections and downward moves. Do your own research before invest. #Write2Earn #crypto
Binance's decision not to list Pi Network's token, despite a community vote favoring its inclusion, stems from several key considerations:
๐ Community Vote as a Reference
In February 2025, Binance initiated a community vote to gauge interest in listing Pi Network's token. While 85% of participants supported the listing, Binance clarified that the vote was for reference purposes only and did not guarantee immediate action.
๐ collInternal Evaluation Process
Binance emphasized that the final decision to list any token depends on its internal evaluation processes, which assess factors such as the project's legitimacy, security, and compliance with regulatory standards. Despite the community's support, Pi Network's listing is contingent upon meeting these stringent criteria.
๐ Concerns and Criticisms
The Pi Network has faced scrutiny regarding its legitimacy and operational model. Critics have raised concerns about its referral-based mining system and potential risks associated with listing the token. These apprehensions contribute to Binance's cautious approach in making a final listing decision.
In summary, while the community vote indicated strong support for Pi Network's listing, Binance's decision is influenced by comprehensive internal evaluations and external concerns, leading to the current delay. #pi #PiNetwork
Cryptocurrencies that have their own blockchain are known as Layer 1 (L1) blockchains. These blockchains operate independently and have their own network rules, consensus mechanisms, and native tokens. Here are 15 major cryptocurrencies with their own blockchains:
1. Bitcoin (BTC) โ Bitcoin Blockchain
The first and most well-known blockchain.
Uses Proof of Work (PoW) consensus.
2. Ethereum (ETH) โ Ethereum Blockchain
The largest smart contract platform.
Moved from PoW to Proof of Stake (PoS) (Ethereum 2.0).
Pi Network's sixth anniversary, known as Pi Day, falls on March 14, 2025. Some community members believe this symbolic date could coincide with a Binance listing, though there is no official confirmation.
๐ฅ Community Vote:
A recent poll on Binance's platform revealed that 86% of participants support listing Pi Coin. While this indicates strong community interest, Binance has clarified that such votes do not guarantee a listing.
๐ฅ KYC Deadline Extension:
Pi Network has extended its Know Your Customer (KYC) verification and Mainnet migration deadline to March 14, 2025. This extension aims to allow more users to verify their accounts and migrate their balances, potentially aligning with broader network developments.
๐ฅ Conclusion:
Despite these indicators, Binance typically follows a thorough evaluation process before listing new tokens, considering factors such as technological robustness, regulatory compliance, and community engagement. Until an official announcement is made, the exact timing of Pi Coin's listing on Binance remains speculative. #pi #PiNetwork
Whales in the crypto market use various strategies to manipulate price movements, accumulate assets, and liquidate retail traders. Here are their 9 traps and how to avoid themโ 1. Stop Loss Hunting Whales push prices below key support or above resistance to trigger stop losses of retail traders.Once liquidations occur, they buy/sell at discounted or premium prices. 2. Liquidity Grabbing
Whales need liquidity to enter and exit large positions without moving the market too much. They create artificial price moves (fake breakouts/breakdowns) to attract retail traders into providing liquidity. 3. Pump & Dump (or Dump & Pump) They accumulate an asset quietly, then create hype to pump prices and sell at the top.Alternatively, they dump their holdings to create panic and buy back cheaper. 4. Fakeouts and Stop Hunting in Futures Creating false breakouts to trap breakout traders.For example, price breaks resistance but quickly reverses, liquidating long positions. 5. Order Book Manipulation Placing large buy/sell walls to create a false sense of demand or supply.Removing those orders before execution to trick retail traders. 6. Long/Short Squeeze Whales open opposite positions before liquidating retail traders.Example: If retail traders are overly bullish, they force a price drop to liquidate longs. 7. Accumulation and Distribution Accumulation: Slowly buying without causing price spikes.Distribution: Slowly selling without crashing the market. 8. Exploiting Leverage Traders Whales target high leverage positions by moving prices slightly beyond liquidation levels. 9. FUD and FOMO Manipulation Whales create fear (FUD) to buy cheaper.They spread hype (FOMO) to sell at the top. How to Avoid Whale Traps? Use low leverage to avoid liquidation.Set stop losses at strategic levels (not obvious support/resistance).Follow volume and order flow to identify whale activity.Avoid chasing pumps and falling for panic dumps.Monitor liquidation heatmaps to predict potential whale moves. #crypto
Despite of U.S crypto strategic reserve $BTC is falling โผ๏ธ _ 3 Reasons !
๐ฅ 1. Escalating Trade Tensions
President Donald Trump has imposed tariffs of 25% on goods from Mexico and Canada, and 10% on goods from China. In response, Canada and China have announced retaliatory measures, including increased tariffs on U.S. imports and additional export restrictions on American companies. These developments have heightened global economic uncertainty, leading investors to adopt a risk-averse stance, which has negatively impacted cryptocurrencies like Bitcoin.
๐ฅ 2. Market Sentiment and Technical Factors
The initial surge in Bitcoin's price following the announcement of a U.S. strategic crypto reserve was short-lived. The subsequent decline filled a significant gap in the CME Bitcoin futures chart, a technical factor that often signals a correction after sharp moves.
๐ฅ 3. Broader Financial Market Impact
The new tariffs have also affected traditional financial markets, with major indices like the S&P 500 experiencing declines. This broader market downturn has contributed to reduced investor confidence in riskier assets, including Bitcoin.
๐ฅ Summary:
๐ In summary, the recent fall in Bitcoin's price can be attributed to escalating trade tensions leading to global economic uncertainty, technical market corrections, and a general decline in investor confidence across financial markets. #BTC #GPSonBinance #USTariffs #MarketPullback #FTXrepayment
Pi Network decreased the mining rate after launch for several strategic reasons:
1. Transition to Mainnet & Supply Control
Before launch, mining was more accessible to attract users. Now, with Pi moving toward the Open Mainnet, the team is controlling supply to avoid inflation and maintain scarcity.
2. Incentivizing Early Adopters
Early miners received Pi at a higher rate, rewarding them for supporting the network from the beginning. Now, as Pi gains value, new mining rewards are reduced to balance supply and demand.
3. Economic Stability & Value Appreciation
A lower mining rate prevents excess Pi from entering circulation, which could devalue the currency when it becomes tradable. This helps maintain price stability.
4. Encouraging Real Usage Over Mining
The focus is shifting from just mining to using Pi in transactions, applications, and services. A reduced mining rate pushes users to engage with the ecosystem rather than just hoarding coins.
5. Following a Pre-Planned Model
The Pi Core Team had always planned a decreasing mining rate as more users joined and as the project moved toward full decentralization. This is similar to how Bitcoin halves its mining rewards over time.
MicroStrategy, now known as Strategy, is a U.S.-based business intelligence and software company founded in 1989 by Michael J. Saylor. The company provides enterprise analytics, mobile software, and cloud-based solutions.
As of February 24, 2025, Strategy holds approximately 499,096 bitcoins, acquired at an average price of $62,473 per bitcoin, totaling an investment of about $27.954 billion. This substantial investment reflects the company's strategy to adopt bitcoin as its primary treasury reserve asset.
Despite recent fluctuations in bitcoin's price, Strategy's bitcoin holdings remain profitable, with an average purchase price of $66,300 per bitcoin and an unrealized profit of $10.65 billion at bitcoin's current price of about $87,000. However, the company's stock has experienced volatility, reflecting its significant exposure to bitcoin's price movements.
Michael Saylor, the company's founder and Executive Chairman, is a prominent advocate for bitcoin, viewing it as a superior store of value compared to traditional assets like gold.