Bitcoin has crossed the $103,000 mark, reflecting a 1.4% increase. The broader crypto market is experiencing a bullish trend, with total market capitalization exceeding $3.25 trillion.
š Pi Network Gains Momentum Ahead of Consensus 2025
Pi Coin has surged to $0.72, marking a significant rebound from its recent lows. The upcoming Consensus 2025 event, where founder Dr. Nicolas Kokkalis is set to speak, has fueled speculation about major announcements, including potential exchange listings and ecosystem expansions.
The Pi Coin is waking up ā and the crypto world is watching closely. In just days, Pi surged 41% to hit $0.78, its highest since mid-April, and traders believe this might just be the beginning. Here's everything you need to know ā and why some believe $1.10 is just around the corner.
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1. What Triggered the Surge?
š Piās price boom came as the total crypto market cap crossed $3.25 trillion, riding on Bitcoinās rally and fresh optimism from gl
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#CryptoComeback Pi Coin Jumps 41% as Major Announcement Looms ā $1.10 Target in Sight? ššš„š°
Pi Network (PI) surged 41% to $0.78 ā its highest since April 12 ā while 24h volume exploded 170% to $353M. This breakout mirrors the broader crypto rally as Bitcoin and altcoins push the total market cap past $3.25T. šš¹š
š Whatās Driving the Hype?
šļø A major announcement is expected on May 14 during the Consensus event in Toronto, where founder Nikkolas Kokkalis will speak.
š¼ Possible reveals:
š¤ Partnership with a major company
šø Developer ecosystem fund
š Tier-1 exchange listing
ā»ļø Token burn
š¦ On-chain activity: 84M PI transferred to a mysterious address ā likely tied to liquidity prep or a burn event. šš„šµļø
š Chart Watch: A clear cup-and-handle formation on the 8h chart indicates a bullish continuation, with price potentially aiming for $1.10 ā a 41% upside from current levels. ššš§
#TradeOfTheWeek Altcoin Explosion Loading: Brazil Just Supercharged ETH & SOL Futures!
š¢ Breaking: Brazilās top exchange B3 is unleashing Ethereum (ETH) and Solana (SOL) futures on June 16 ā a huge move following the green light from regulators!
š„ Why It Matters: This could be the spark for a fresh altcoin rally ā institutions are watching, and retail is revving up. Stay sharp! $ETH $BTC $SOL
Bitcoin surged past $100,000 as a positive Nasdaq trend (May 8ā9) boosted sentiment. According to analyst Obchakevich, this bullish momentum started as early as May 2, with IBIT inflows reaching $675M, hinting at strong institutional demand š¦š.
The rally is expected to continue unless disrupted by major macro or geopolitical shocks šā ļø.
Meanwhile, ETF flows remain largely positive, with Grayscaleās GBTC being the outlier. Obchakevich explains that GBTC outflows stem from high fees (~1.5%), political uncertainty, and conflicts like the India-Pakistan standoff. Despite this, whales and funds appear bullish overall, rotating into lower-fee ETFs like BlackRockās IBIT šā”ļøš.
Pi Network (PI) Gains Steam Ahead of May 14 Announcement šš„
Pi Network is gaining traction, trading at $0.75 with back-to-back double-digit gains. The rally is fueled by bullish market sentiment and a major announcement teased for May 14 by the Pi Core Team ā sparking speculation of a Binance listing š„š¢.
While technical indicators like SuperTrend and MACD show strong upside š, heavy resistance at $0.80 and an overbought RSI (85.78) ā ļø suggest a possible short-term pullback. Key support zones to watch: $0.68 and $0.62 š».
A recent platform update now allows KYC-verified users to activate their Mainnet wallets via the Pi Wallet app ā a step toward broader adoption before the full Open Network launch šš.
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TL;DR: š Strong uptrend continues, but $0.80 is a major resistance. šļø May 14 could bring a breakout moment for PI!
šØ Something Big Is Brewing in the Pi Network Ecosystem! šØ
Earlier today, a mysterious surge of 5 billion Pi coins briefly appeared in the circulating supplyāonly to vanish within an hour. This sudden spike wasnāt a glitch. It strongly hints at a controlled stress test initiated by the core team or a partner exchange.
āļø Why does this matter? Such stress tests are typically used to simulate liquidity events and assess network stability before something bigālike a centralized exchange (CEX) listing or Open Mainnet launch.
The precision and timing of the test suggest that: ā Pi Network is ready for high-volume transactions ā Liquidity mechanisms are being prepped for public rollout ā Something major is around the corner
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š What This Could Mean for Pioneers: š Major CEX listings could be imminent š Global exchange visibility is about to skyrocket š° Real-world value and price discovery incoming š Open Mainnet may be closer than we think
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šø Price Prediction (Short-Term): Once trading officially launches, Pi could debut between $20ā$45, depending on early demand and exchange activity. A surge to $60+ is possible with major CEX support and momentum.
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ā³ The next 72 hours are critical. Stay alert, Pioneersāhistory may be in the making.
šØ Is Binance Listing Pi Network Soon? š Big Update Coming May 14!
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š On-Chain Movement Spotted Test transactions of $PI detected via Binanceās Stellar wallet ā the same one used during Piās early testnet phase. ā”ļø Real listing coming or just a test?
ā ļø Heads up, TRX holders and traders! Binance will pause TRX deposits & withdrawals on šļø October 10, 2024 at 07:00 UTC for wallet š§ maintenance. ā Trading stays open during this time!
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š Current Snapshot
š° Price: ~$0.25
š Trend: Bullish ā 200-day MA is rising
š RSI: Neutral ā No overbought/sold signals
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š§ Strategy Breakdown
š Buy: Near 200-day MA (support zone)
š Hold: Trend is strong ā stay in position
šø Sell: If RSI > 70 ā time to book profits
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š„ Why It Matters TRX deposits/withdrawals will be frozen temporarily, reducing supply on Binance. With demand intact and the trend bullish, this could spark a minor price surge after maintenance.
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ā Pro Tip: Plan transfers before Oct 10 to avoid delays. This is your chance to optimize timing!
š„ U.S. Senator Targets Trump Coin ā āMEME Actā Shakes the Political Crypto Scene!
š§Ø Breaking News: On May 7, Senator Chris Murphy introduced the āMEME Actā (Modern Emoluments and Malfeasance Enforcement Act) ā a bold legislative strike aimed at banning U.S. presidents and Congress members from profiting through meme coins.
šÆ Target Locked: The bill directly calls out Trumpās crypto activities, sparking intense debate across both political and crypto communities.
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šØ Why This Matters:
Politicians may soon face a ban on meme coin profits
Pushes for crypto transparency in politics
Adds regulatory pressure on politically-linked coins
Murphyās Words: āTrumpās meme coin is the most unethical, most corrupt thing a president has ever done.ā ---
š Official Trump (TRUMP) Coin Overview:
Current Price: $11.00
Market Cap: $2.20B
FDV: $11B
24h Volume: $572.86M (ā¼ 26.93%)
Weekly Change: ā¼15.85%
30-Day Trend: ā²39.51%
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š Prediction for $TRUMP Coin: If the MEME Act gains traction, expect:
Short-term sell pressure from fear, uncertainty & doubt (FUD)
Potential drop to $8.50ā$9.00 support zone
Volatility likely to increase with political headlines But if momentum shifts in Trump's favor (e.g., public backing or legal delay), a bounce to $13ā$15 is also possible.
š Ethereum Just Unleashed Its Biggest Upgrade Since the Merge ā Say Hello to Pectra!
Ethereum has officially activated the long-awaited Pectra Upgrade, marking a historic leap forward for the network!
Hereās why itās a game changer:
āļø EIP-7251: Stake up to 2,048 ETH per validator (up from 32 ETH!) ā making staking faster, cleaner, and way more efficient for big players.
š§ EIP-7702: Welcome to Account Abstraction! Wallets can now act like smart contracts ā enabling: ā Gas fees in stablecoins ā Auto-payments ā Wallet recovery
š Mainnet v19.6.0 Launched ā Pi Network Enters a New Era! šš„ #PiNetwork | #OpenMainnet | #Web3 | #CryptoAdoption | #PiFest2025 | #Blockchain | #Pioneers
ā” Is This the Moment Weāve Been Waiting For? Mainnet v19.6.0 is LIVE ā and the road to Open Mainnet & Exchange Listings in 2025 is clearer than ever! V20 is on the horizon with Soroban Smart Contracts⦠And yes ā the dream lives on: 1 Pi = 314,159 USD ā GCV believers, are you ready?
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š§ What is Pi? More than just mobile mining ā itās a decentralized Web3 movement set to transform the financial world. Hereās how far weāve come:
šØ BREAKING: UK Rejects Bitcoin Reserve ā But Thereās a Twist! š¬š§š„ #Bitcoin | #CryptoNews | #UKCrypto | #BTC | #CryptoRegulation
Emma Reynolds, Economic Secretary to the Treasury, just announced at the FT Digital Asset Summit: ā āThe UK will NOT follow the US šŗšø in building a Bitcoin reserve.ā
While Trumpās America gears up for a strategic $BTC stockpile, both šÆšµ Japan and š¬š§ UK say itās a no-go for sovereign assets. Why? Bitcoin isnāt seen as a fit for traditional treasury strategies.
But hereās the twist: ā UK is going pro-crypto in other ways: āļø Forming a new digital asset regulatory alliance with the US š Planning to use DLT for sovereign debt issuance by Summer 2025 š Rejecting EUās MiCA ā UK wants custom crypto rules
Reynolds admits: > āBitcoinās decentralization makes it nearly impossible to fully regulate.ā
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š $BTC Market Impact: Mildly Bearish The UKās rejection may cool global adoption sentiment for Bitcoin as a state asset. But the pro-blockchain stance & US-UK cooperation may soften the blow.
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š¬ Your Thoughts? Will more countries say yes to Bitcoin reserves, or will this trend stall? Drop your take below & tap Follow for more high-signal crypto insights!
Bitcoin Core is planning to remove the 80-byte OP_RETURN limit in its next update, igniting a heated debate within the community. Core developer Greg Sanders supports the move, suggesting it will clean up the UTXO set and ensure consistent node behavior. However, critics like Luke Dashjr argue it could open the floodgates to spam and misuse, threatening Bitcoin's core purpose as a financial protocol.
The OP_RETURN function allows embedding arbitrary data in Bitcoin transactions. Currently, itās capped at 80 bytes. Sanders claims that users already bypass this by embedding data in more harmful ways, and lifting the cap would make data use more transparent. However, Dashjr warns that this could increase network abuse and encourages using Bitcoin Knots, a fork of Bitcoin Core with stricter controls, now gaining nearly 5% adoption.
Amid this disagreement, key figures like Samson Mow are urging node operators to avoid upgrading to the new version, highlighting potential risks of turning Bitcoin into a general-purpose data layer.
Bitcoin Core plans to eliminate the OP_RETURN data limit, a controversial move that could either improve data transparency or increase network spamāsplitting the community between innovation and protocol purity.
The planned removal of the OP_RETURN limit introduces uncertainty around Bitcoinās use case and network integrity. While technically it may optimize UTXO management, the perceived risk of spam, increased blockspace competition, and a shift away from Bitcoinās financial utility could negatively impact investor sentiment in the short term.
Moreover, rising support for Bitcoin Knots signals a potential fracture in the node ecosystem, raising concerns of fragmentation. If node operators widely reject the upgrade or diverge on protocol direction, market confidence in Bitcoin governance may dip, creating short-term selling pressure on $BTC .
šØ Ripple Commits $25M in RLUSD to U.S. Education ā Real Utility in Action!
ā $25M pledged ā $15M to teachers, $10M to Teach For America ā Donation via RLUSD stablecoin ā Powered by The Giving Block, now supporting RLUSD ā Ripple sets an example of real-world stablecoin utility ā RLUSD supply: $316M ā security + clawback features attract institutions
āThey offer fast, low-cost transfers free from banking restrictions...ā ā Panos Mekras, CEO of Anodos Labs
$XRP š¢ Bullish Enhanced utility through RLUSD adoption
$RLUSD š¢ Bullish Demonstrated real-world application in donations
$USDC š” Neutral Faces competition in the stablecoin arena
$XLM š” Neutral Potentially impacted by Ripple's expanding reach
šØ PI Network ($PI) Approaches a Perfect Buying Zone ā A 400% Surge Coming?
š The PI Network (PI/USDT) chart on OKX shows a strong technical setup pointing toward a massive breakout. After a prolonged downtrend inside a descending channel from March to April, the price has now consolidated sideways in a tight range ā often a pre-breakout pattern.
š Technical Breakdown ā Descending Channel Broken: Price has exited the falling wedge pattern ā a classic reversal signal. ā Support Holding: Strong base at $0.58, marked as the Perfect Buying Zone. ā Bullish Divergence: RSI is showing signs of bullish divergence ā momentum is building quietly.
š® Projected Target Based on the current trend structure and momentum, price can potentially rally up to $3.00, which represents a +400% gain.
š Why This Matters
If you're watching for explosive low-cap altcoins with strong technical formations, PI Network is flashing signals of early accumulation before a likely uptrend. This is a textbook "smart money entry zone", and the current price range is being accumulated silently.
šÆ Key Levels to Watch
Support Zone: $0.55 ā $0.60 (Perfect buying zone)
Breakout Zone: $0.85
Target Levels: $1.50 ā $2.20 ā $3.00
š§ Pro Tip for Traders
If volume increases with a daily candle close above $0.85, it confirms the breakout. Set alerts and risk-managed stop-losses just below $0.55.