Professor Of BTC_CRYPTO Information

Can Pi Network’s Dual-Price System Really Work? An In-Depth Look at GCV vs Exchange Prices

As the Pi Network continues to evolve, an important question is surfacing among Pioneers and crypto enthusiasts alike:
Can a dual-price system for Pi Coin actually work one price inside the Pi ecosystem (e.g., $314,159) and another price on exchanges (e.g., $0.63)?

It might sound impossible at first, but when examined closely, this system may not only be functional it might be strategic. Here’s how and why.

🔍 Understanding the Dual-Price System

At the heart of the current debate is the Global Consensus Value (GCV) a community-driven valuation for Pi Coin pegged at $314,159 per 𝛑, inspired by Pi’s mathematical identity. Simultaneously, early IOU trading and listings on crypto exchanges reflect a much lower market price (currently hovering around $0.63).

This creates a dual economy:

Ecosystem Use. Exchange Use

Pi Network apps, External crypto
smart contracts, trading platforms
and marketplaces. Price: ~$0.63 per 𝛑 (market-driven)
Price: $314,159
per 𝛑 (GCV)

🔄 How It Works in Practice

1. Separate Use Cases
•Inside the Pi Ecosystem, Pi is treated as a high-value currency. Apps, goods, and services price in GCV.
•On Exchanges, Pi is just another altcoin, traded on speculation and open-market rules.

2. Tiered Coin Flow
•Movement between the ecosystem and exchanges is restricted or controlled, preventing direct 1:1 conversion between low-market Pi and high-value ecosystem Pi.
•This is reinforced through wallet lock-ups, KYC-based controls, and manual or smart-contract-mediated bridges.
- By MrSpock on X Platform

.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

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.

Upcoming major token unlocks:

ARB 1.91% ($31.63M) - June 16

ZK 20.91% ($37.9M) - June 17

APE 1.00% ($5.35M) - June 17

MELANIA 6.58% ($6.61M) - June 18

FTN 4.66% ($89M) - June 18

LISTA 14.29% ($5.20M) - June 20

ID 11.23% ($7.94M) - June 22

$ADA
Key Watch Points Today:

Reaction at $0.70 level—stop or sustain?

Volume confirmation on both upsides and breakdowns.

Continued newsflow around treasury/deFi proposal.

In sum, ADA has mixed but leaning bullish technicals. Short-term caution around $0.68–$0.70; a breakout above $0.70 sets the stage for further gains, while a break below $0.625 could signal further weakness.

#CardanoDebate
The Cardano Debate often revolves around its deliberate, research-first development pace, contrasted with the faster-moving crypto landscape. Proponents laud its robust security, decentralization, and long-term vision, believing this methodical approach ensures a stable and scalable foundation. Critics, however, point to a perceived lack of immediate utility, slower dApp growth, and fewer stablecoin options compared to competitors.
Recent debates include Charles Hoskinson's proposal to convert $100 million in ADA to Bitcoin and stablecoins to boost DeFi liquidity, sparking community discussion on market impact and strategic shifts. Furthermore, ongoing discussions about scaling solutions like Leios and Input Endorsers and accusations of past fund misappropriation contribute to the dynamic #CardanoDebate, highlighting the tension between theoretical potential and practical implementation.

Crypto Latest News

$100M USDC Minted

Fresh 100,000,000 USDC ($99.97M) just minted at the USDC Treasury - liquidity injection on watch.

US President Trump's G-7 Focus

Trump to prioritize AI, critical minerals, energy, and trade discussions at the G-7 summit - potential macro drivers ahead.

Commodities Flash Signal Ahead of FED

Key signals emerging from global & LME commodities markets - brace for volatility around the upcoming Federal Reserve meeting.

Spot Solana ETF Momentum Grows

Two platforms add staking to their Solana ETF S-1 amendments. Grayscale, Franklin, Fidelity & 21Shares also updated Spot SOL ETF filings - Solana ETF race heating up!

An Investor Who Took Out $150,000 In Loans To Buy Bitcoin Gives A Three-Year Update. But Everyone Just Wants To Know—How'd He Get 0% Loans?

Three years ago, one Reddit user made a high-risk decision: they borrowed $150,000 using a mix of personal loans and 0% APR credit card balance transfers to buy Bitcoin.

As of June 4, they say that investment is paying off in a big way.

From Bear Market Bet To Big Gains

The investor says they now own 4.75 Bitcoin, purchased at an average price of $35,000. With Bitcoin trading at around $105,000 at the time of the update, their holdings are worth roughly $498,750. After accounting for the $15,000 in interest paid and the original $150,000 in loans, they're sitting on an unrealized gain of over $330,000.

The aggregate loan book size of crypto lenders rose in Q1 2025 to the highest since Q1 2022. Tether, Ledn, and Two Prime are the top three lenders by outstanding loan values

JUST IN: 🇺🇸 Trump U.S. knew of Israel’s Iran attack plans

Trump told The Wall Street Journal the U.S. was aware of Israel’s strike, saying, “We know what’s going on,” though there was no formal notice.

He claimed the attack came right after a 60-day deadline he gave Iran for a nuclear deal: “On the 61st day, they attacked.”

Calling the strike “very successful,” Trump said Iran can still negotiate “while they have something left” and suggested the move could boost markets by halting Tehran’s nuclear ambitions.

Walmart & Amazon may launch their OWN Stablecoins!

👉 The world’s biggest retailers are now exploring US dollar–backed crypto to:
✅ Save BILLIONS on card fees
✅ Settle payments faster
✅ Bypass banks & old payment rails

Why does this matter?
If they go live → we’ll see mainstream crypto adoption EXPLODE.
Imagine 100s of millions using stablecoins daily on Amazon & Walmart! 🚀

They’re waiting for new US Stablecoin Laws (Genius Act) to pass — stay tuned!

What’s America Doing in the Iran–Israel Conflict? 🇺🇸

👉 Many are asking — here’s the FULL picture 👇

🇺🇸 US Role:
✅ The U.S. did NOT take part in Israel’s airstrikes on Iran.
✅ Israel acted independently — the U.S. was aware, but did not join.
✅ U.S. priority now: protect American troops & bases in the region.

⚠️ US Warnings:
✅ U.S. warned Iran: Do NOT target American forces or interests.
✅ If Iran attacks U.S. personnel → America will respond strongly.

What US leaders are saying:
👉 President Trump: “We want to avoid conflict, but a strike could happen.”
👉 Secretary of State Rubio: “We are not involved — our priority is protecting U.S. forces.”
👉 U.S. is reducing staff in sensitive areas like Iraq/Iran to lower risk.

Diplomacy Update:
✅ America still pushing for new nuclear talks with Iran.
✅ Next round expected soon in Oman — BUT tensions remain very high.

👉 America is trying to stay out of direct fighting.
👉 But if Iran hits U.S. forces → all bets are off.
👉 The road to peace is very fragile right now.

🚨 BREAKING DEVELOPMENTS 🚨

American, Israeli, and British fighter jets are actively operating over Syria and Iraq — intercepting incoming drones.

➡️ Jordan has now opened its airspace to Israeli fighter jets for operations.

Options Expiry Incoming — Eyes on Friday!

~ $3.7 Billion worth of crypto options set to expire on Friday:

#BTC Options:

Face value: $3.04 Billion
Put/Call Ratio: 0.95
Max Pain: $107,000

#ETH Options:

Nominal value: $687 Million
Put/Call Ratio: 1.20
Max Pain: $2,700

$1,100,000,000 WIPED OUT in 12 HOURS!

Crypto BLOODBATH after Israel-Iran clash 🇮🇱🇮🇷
👉 $513M liquidated in just 4H
👉 2,47,560 traders REKT in 24H
👉 Biggest single liquidation: $201.31M BTCUSDT (Binance)

War headlines → instant market panic.

Are you buying or waiting?

Bitcoin (BTC) Tests Critical Support Amid Geopolitical Uncertainty—Will it Rebound to $105K or Drop to $102K?

Bitcoin price, after facing constant upward pressure, dropped below the crucial support at $102.8K as the escalating Middle East tensions triggered huge uncertainty within the markets. The recent air strikes by Israel on Iran have created geopolitical pressure, which has intensified the sell-offs. Meanwhile, the BTC price and the entire market have witnessed numerous pressures like these in the recent past and hence are believed to withstand the ongoing sell-off and turn out victorious soon. 

The crypto markets witnessed over $1.1 billion in liquidations, while S&P 500 futures fell 1.9% and crude oil & Gold surged. Meanwhile, from the technical point of view, the BTC chart pattern shows some worrying patterns that point towards more downside. The token printed 3 consecutive daily bearish candles and wiped out the gains incurred earlier this week. With this, the token has reached a crucial level where a rebound could trigger a strong upswing, while a pullback could cause some concerns. 

XRP to $589 Is Coded. Here’s Another Glaring Proof

A recent post from the well-known XRP meme account “$589” is the latest to point to what some in the community view as encoded signs supporting the long-standing “$589” XRP price narrative.

Highlighting Ripple’s official trademark filing for “XRP” with the United States Patent and Trademark Office (USPTO), the tweet emphasizes that the registration number—4458993—contains the digits “589,” a number with deep symbolic significance in XRP circles. The accompanying image of the trademark record supports the claim.

The tweet reads: “The official $XRP trademark filed by @Ripple in 2013 has 589 in the registration number… XRP to $589 is coded.”

The trademark filing referenced in the tweet includes a serial number (85935696) and a registration number (4458993), the latter of which appears to be the source of renewed interest due to the presence of the digits “589.”

SEC Repeals Crypto Rules, Easing Restrictions on Custodians

The U.S. Securities and Exchange Commission (SEC) repealed key rules governing crypto custody and DeFi platforms on June 13, marking a strategic shift towards a more permissive regulatory environment.

SEC's recent decision involves the scrapping of the expanded custody rule aimed at digital assets and rescinds Rule 3b-16, which targeted DeFi exchanges as securities exchanges. This repeal also dismisses proposed ESG disclosure requirements for listed entities.

Binance Wallet Launches Binance Alpha Earn Hub

Binance Wallet has just introduced a new feature called Binance Alpha Earn Hub, allowing users to provide liquidity for token pairs within the Binance Alpha ecosystem and earn APR rewards from trading fees. Additionally, users can accumulate Alpha Points, increasing their chances of participating in exclusive events such as token generation events (TGE) and airdrops.

Users can provide liquidity directly through PancakeSwap V3 right on Binance Wallet with three preset strategies: Wide, Medium, and Narrow, corresponding to different levels of liquidity concentration and risk.

Starting June 11, 2025, the Alpha Points system will be updated to calculate points based on PancakeSwap V3 liquidity positions in Binance Wallet. Eligible pairs must have at least one side as an Alpha token, with the other side being another Alpha token or a token listed on Binance’s spot market.

Examples of eligible pairs:

Alpha token <> USDT

Alpha token <> BNB

Alpha token <> Alpha token

Users need to update the Binance app, go to [Wallet] → [Earn] → select [Binance Alpha Earn Hub] to start providing liquidity and earning rewards.

When you provide liquidity, you will earn fees and still receive Binance Alpha points as if you were holding amounts of $100, $1,000, or $10,000.

$150 Million Worth of XRP Withdrawn from Binance in 24 Hours

In the past 24 hours, more than $151 million worth of XRP has been withdrawn from Binance, the world’s largest cryptocurrency exchange, according to on-chain data from CryptoQuant recorded on June 11.

Notably, just one day prior, XRP outflows stood at a modest $23 million. This sudden sixfold increase in withdrawals suggests a potential strategic move by XRP holders.

Typically, large-scale withdrawals from exchanges are seen as a bullish signal. When tokens are transferred into cold wallets, investors often intend to hold them for the medium to long term, thereby reducing the immediate supply available for trading. This diminished short-term selling pressure can sometimes pave the way for upward price momentum.

However, XRP’s price has yet to react significantly to this massive withdrawal. On June 11, XRP continued trading steadily around $2.31, maintaining its price level despite substantial outflows. Such price stability amid heavy withdrawals may reflect a quiet accumulation phase before a potential sharp price movement.