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Exciting updates from Pi Network🔥
Pi Network, the popular cryptocurrency project, has been on a roll with some really exciting developments. These updates are set to revolutionize the onboarding process for its users, making it more accessible and user - friendly.
## 🔵 KYC with Banxa: A Quick and Cost - Effective Solution
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One of the major announcements from Pi Network is the integration of KYC (Know Your Customer) with Banxa. This is a game - changer as it allows users to complete the KYC process in just 5 minutes and at a cost of only $20. In the often - complex world of cryptocurrency, where KYC procedures can be time - consuming and expensive, this is a breath of fresh air. It's like having a fast - track lane to get through the verification process, ensuring that users can quickly move on to exploring the Pi Network ecosystem. 🚀
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The Pi Core Team has also introduced 1 Pi wallet activation. This means that users now have an easier way to activate their Pi wallets. In the past, wallet activation might have been a bit of a hassle, but with this new update, it's a much smoother process. It's like having a key that unlocks the door to all the features and benefits of the Pi Network wallet with just one simple action. 🔑 Smoother User Experience
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As of April 7, 2025, Bitcoin (BTC) is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close.

Technical Analysis for April 8, 2025
As of April 7, 2025, Bitcoin is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close. The intraday high was $83,501, and the intraday low was $77,127.
The Relative Strength Index (RSI) is at 53.34, indicating a neutral market position. The 50-day Simple Moving Average (SMA) is estimated to hit $748.67 by April 19, 2025, suggesting potential upward momentum.
Technical Analysis for April 8, 2025
As of April 7, 2025, Bitcoin is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close. The intraday high was $83,501, and the intraday low was $77,127.
The Relative Strength Index (RSI) is at 53.34, indicating a neutral market position. The 50-day Simple Moving Average (SMA) is estimated to hit $748.67 by April 19, 2025, suggesting potential upward momentum.

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Binance will trial the new delisting mechanism with a community-driven approach and we now invite users to participate and vote on the first batch of Vote to Delist projects. Users can vote on projects with the Monitoring Tag that they wish to be delisted. 

How to Vote:
- Each user can vote for up to 5 projects in the Vote to Delist pool, and each verified account can only allocate one vote per project.
- Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.

Vote Period: 2025-03-21 06:30 (UTC) to 2025-03-27 23:59 (UTC)

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Disclaimer: While we value and will take into consideration the vote results, the voting result will not be the sole deciding factor to determine the final delisting decision.. Monitoring of the project is still undergoing evaluation, and the decision will be determined by Binance based on our official review processes and standards. Additionally, the delisting timeline will depend on Binance's procedures.

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Trading Range: Bitcoin is currently consolidating within a range of $87,341 to $90,907, which serves as key support and resistance levels.

Short-Term Outlook

Bullish Scenario: If Bitcoin breaks above the rising wedge and surpasses the $90,907 resistance, it could aim for higher targets such as $94,000 or even retest its all-time high of $109,079 from 2024.

Bearish Scenario: A breakdown below the wedge and the $87,341 support level could trigger a decline toward $82,000 or lower, particularly if broader market sentiment turns negative.

Summary

As of March 26, 2025, Bitcoin’s chart shows it in a consolidation phase within a rising wedge between $87,341 and $90,907. The 14-day RSI at 67.83 reflects neutral momentum, while the 50-day and 100-day moving averages provide bullish support. Resistance at $90,907 is a critical level to watch—a breakout could spark a rally, while a breakdown might lead to a drop. External factors like geopolitics and regulations could also sway the next move. Keep an eye on these levels for Bitcoin’s direction!

If you’d like more details or have specific questions about the chart, feel free to ask!

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