Pi Coin’s (PI) rally stalled briefly with a sharp drop in price reducing its market capitalization by $1.1 billion.
Despite trading above $1.55 earlier in the day, PI Coin fell 13.10% to $1.07 within 24 hours.
This price reversal for Pi Network emerges as it prepares to unlock 254.99 million PI tokens over the next 30 days. This upcoming token unlock schedule adds significant uncertainty to Pi Coin’s short-term price acti
Pi Coin’s (PI) rally stalled briefly with a sharp drop in price reducing its market capitalization by $1.1 billion.
Despite trading above $1.55 earlier in the day, PI Coin fell 13.10% to $1.07 within 24 hours.
This price reversal for Pi Network emerges as it prepares to unlock 254.99 million PI tokens over the next 30 days. This upcoming token unlock schedule adds significant uncertainty to Pi Coin’s short-term price action and
Dubai will become one of the world’s first governments to fully enable crypto payments for public services, following a landmark agreement signed between Dubai’s Department of Finance and Crypto.com.
Announced at the Dubai FinTech Summit on May 12, the memorandum of understanding outlines plans for a secure digital payment channel that allows individuals and businesses to pay government fees using cryptocurrency wallets.
These payments will be converted into Emirati dirhams and transferred to DOF accounts, marking a major step forward in the implementation of the Dubai Cashless Strategy, according to Crypto.com.
Dubai as a crypto hub The initiative is part of Dubai’s broader ambition to position itself as a global hub for financial innovation. The city’s Cashless Strategy aims to shift more than 90% of financial transactions in both public and private sectors to digital methods by 2026.
According to DOF, the adoption of blockchain-enabled payments could contribute at least AED 8 billion annually to the local economy by spurring fintech growth and streamlining financial services.
The agreement, described by officials as the first of its kind at the government-wide level, goes beyond pilot programs in other jurisdictions and integrates crypto payments directly into Dubai’s digital infrastructure.
Once technical integration is complete, users will be able to access the service through Crypto.com’s wallet, enabling seamless and secure crypto transactions across all participating governmen
According to market capitalization of USDT has officially reached $150 billion as of May 12, 2025 This milestone signals a significant liquidity influx into the cryptocurrency markets, often associated with increased trading activity and potential bullish momentum for major cryptocurrencies like Bitcoin. Historically, a rising USDT market cap has correlated with higher Bitcoin prices, as traders use stablecoins for quick market entry. The expansion of USDT further strengthens its position as the leading stablecoin, supporting larger trading volumes and increased market confidence. Traders should monitor Bitcoin price action closely, as such liquidity surges frequently precede major market moves.
The United States (US) and China have reportedly reached decisions on international trade that could end the long-standing tariff-induced trade war between the two economic giants.
Following the development, analysts believe the returning bullish sentiment across the crypto and stock markets could surge, especially with technical indicators supporting a bullish trend to lead a crypto market bull run 2025.
Over the last weekend, US Treasury Secretary Scott Bessent informed the public that the US and China reached a “significant deal,” details of which he would provide later.
During a recent podcast, a renowned cryptocurrency analyst noted that Bessent’s statement on the US China trade deal came at a crucial moment when other indicators aligned to reflect a bullish season for the crypto market.
#NewsTrade #Picoins The Pi Coin price today is trading near $1.36 after an explosive 20% rally that has pushed the token past critical resistance levels. Backed by a strong breakout above $1.00 and confirmation from multiple indicators, this move marks one of the most significant Pi Coin price spikes in recent weeks.
Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady
#NewsTrade#BinanceAirdropNXPC#BTCBackto100K$BTC On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000.
Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin reacted positively to reports that the U.S. and China had agreed to slash trade tariffs by 15%. Data showed the precious metal fell by more than $100,
MAXIMUM ALERT: Trump Drops the Most EXPLOSIVE Statement of His Political Career! “This is the boldest TRUTH I’ve ever spoken.” – Donald J. Trump In a jaw-dropping twist no one saw coming, President Trump just shattered expectations — not with a political attack, but with a game-changing healthcare promise that could transform millions of lives. TOMORROW: Trump vows to sign an Executive Order slashing prescription drug prices by up to 80%. That means: • Life-saving meds at a fraction of the cost • Insulin, cancer treatments, and heart meds made affordable • Big Pharma’s monopoly shattered While many expected fireworks on other fronts, Trump pulled a classic power move — disarming critics and winning hearts in one shot. This isn’t just politics. It’s a warning shot to corrupt pharma empires. WHY NOW? With election season heating up, Trump is rewriting the rulebook — again. He’s not waiting for Congress. He’s not afraid of backlash. He’s focused on impact. TOMORROW changes everything. Are you ready? Like, Comment, and Follow for breaking updates as this unfolds — because this isn’t just another executive order… It’s a declaration of war on the system. #NewsTrade #BinanceAirdropNXPC $BTC #TradeWarEases