Pi Coin, an altcoin that lost its initial popularity, aims to return to its former glory.
Pi Network (PI) is rolling out its recently announced upgrades inspired by the Stellar-based Protocol 23.
According to the statements, these updates aim to increase the functionality of the blockchain and ensure the long-term sustainability of the network.
The main innovations announced to come with the updates are as follows, according to the developers' own statements:
Protocol v23 Update: The transition from the older v19 version to Protocol v23 introduces modular smart contract layers and improved consensus mechanisms for developers, enabling the creation of more complex decentralized applications (dApps).
Linux Support: The newly released Linux node software extends Pi Network’s decentralized infrastructure beyond Windows and macOS systems, allowing the network to expand to a broader validator base.
KYC Integration: The update embeds the Know Your Customer (KYC) process directly into the protocol, enabling third-party authorities to assist with the verification process. This aims to ease the transition of Pi users to the Mainnet.
While technical advancements are prevalent, the upgrades don't appear to have had an immediate impact on the PI token's market capitalization, with the token trading 88% lower than its all-time high.
🇺🇸 U.S. TREASURY HAS BOUGHT BACK $4 BILLION OF ITS OWN DEBT.
BULLISH FOR MARKET SENTIMENT 🚀.
$4B buyback is microscopic against $36.5T total federal debt just 0.01% reduction. Q3 borrowing hit $1.007T while buybacks totaled under $20B annually, highlighting fiscal imbalance severity.
Bitcoin is poised for its biggest move in history.
Amid interest rate cuts, a weak dollar, and deliberate inflationary pressures aimed at defraying U.S. debt by devaluing the dollar, Bitcoin is poised to reach a new high of at least 150,000 in the coming months, and it's not unlikely to reach 280,000 by the fourth quarter of next year 2026.
Is this guidance, or an attempt to front-run sentiment?
Ah, the Inverse Cramer ETF just hit all-time highs. Remember 2018-19 shutdown? S&P dipped 5%, then roared 30% in the recovery. Markets love drama, buy the dip? Or nah, I'm shorting calm. 🚀📉.
BREAKING: 🇺🇸 CHANCES OF A U.S. GOVERNMENT SHUTDOWN TOMORROW ARE NOW ABOVE 80%!
⚠️ The US government shutdown is approaching.
The first shutdown since 2019 could begin tomorrow if no agreement is reached. There have been many previous shutdowns, but I'll mention only those that the crypto market witnessed. 2013: 16 days (beginning October 1) 2018: 2 shutdowns: January 20 (3 days) and February 9 (hours). The longest shutdown in history was in 2018–2019, from December 22, 2018, to January 25, 2019. Previously, the crypto market was affected in varying degrees, recording gains at times and losses at others. Of course, you can't rely on historical data in this regard because the crypto market during those periods was smaller and less connected to major financial markets. The majority of crypto investors are anxiously monitoring the possibility of a shutdown and its impact on monetary policy. My personal opinion is that a shutdown will inevitably impact prices if it occurs. This also aligns with the bearish analysis I predicted yesterday, which has already begun. The difference is in Duration A short closing period may quickly restore the market's strength. A long closing period is very bad.
Trump Tariffs Ignite Record Forex Surge Amid Extreme Currency Swings.
BIS latest data shows global forex trading volume soared to $9.6 trillion daily, hitting a historic peak, mainly due to Trump's tariff policies triggering extreme currency swings.
This highlights how trade policy uncertainty rapidly amplifies financial market volatility, with investors turning to forex hedging tools amid risk aversion.
Tariffs targeting key trade partners are expected to further disrupt supply chains, indirectly boosting global inflation expectations.
On a macro level, such events often pressure risk assets, with cryptocurrencies as high-beta assets bearing the brunt.
Historical experience indicates that during trade war escalations, mainstream coins like BTC often see short-term pullbacks, but if BTC is viewed as digital gold, it could attract safe-haven inflows.
In the current market environment, the tariff news reinforces economic uncertainty, potentially curbing crypto trading activity in the short term.
However, Trump's pro-crypto stance may provide long-term buffers, such as advancing stablecoin legislation to mitigate trade friction impacts.
The forex market's record high reflects surging institutional hedging strategies, which could indirectly benefit ETH ecosystem DeFi protocols if volatility translates to cross-chain trading opportunities.
Overall, this news strengthens the transmission effect of macroeconomics on crypto, advising close monitoring of subsequent trade negotiation dynamics.
$BTC It's a matter of time before the catch up begins if you ask me.
Throughout this cycle, BTC & Crypto have had short spurs of large outperformance, followed up by long sideways consolidation periods relative to $GOLD & Stocks.
But in the end, the market always tends to catch up & more. I think it's just a matter of time when this happens as long as gold & stocks keep making new all time highs on a near daily basis.
Idea changes of course if BTC fully loses its up trend structure on the higher timeframe or Gold & Stocks come off the highs considerably. But as long as that doesn't happen, it's a matter of time before BTC plays catch up I think.
🚨 The Aster network generates fees higher than Tether 👀 10 times higher than Hyperliquid, despite its market cap being only a quarter of HYPE!
📌 Tomorrow, $ASTER will release $1.3 billion (approximately 700 million coins = 8.8% of the supply).
This means that the circulating supply will rise from 5% to 13.8% in a single day!
🔮 We may see strong fluctuations or opportunities in the coming period. But in my opinion, the peak or the big move will come after the start of buybacks, after which I personally will exit.
🚨🚨🚨 Don't forget that 96% of the supply is held by only 6 wallets!
⚠️ This is just my personal opinion, and I could be wrong.
The Big Day Has Arrived: Collapsed Exchange FTX to Distribute $1.6 Billion to Creditors!
FTX, whose bankruptcy in recent years has caused a decline in the cryptocurrency market, will this time make a large payment to its receivables.
Cryptocurrency exchange FTX announced today that it will distribute a total of $1.6 billion in funds.
According to information shared by Sunil, who represents FTX creditors, the distribution will be made at different rates between large and small creditors.
Large creditors (over $50,000) received a 5.7% payment by May 30th. Including the 72.5% that has not yet been paid, users in this group will receive 78.2% of their total claims. For small creditors (under $50,000), the situation is even more favorable: Users will receive a payment of 120.5% of their claims, plus interest or additional compensation.
It was announced that payments will be made at a 40% rate for US users. The overall distribution rate, considering all user groups, will be approximately 95%.
FTX reported that rights holders could receive their payments through their chosen distribution service provider within 1 to 3 business days, starting September 30, 2025. However, the amount paid was $300 million lower than projected in July, raising some concerns.
The company also warned users about fake FTX client portals and phishing emails, advising to use only official channels.
SEC Breaks Ground: Announces Approval of This Surprise Altcoin, Binance Immediately Lists It!
The SEC has reportedly approved the altcoin project DoubleZero (2Z) and its token 2Z will not be classified as a security.
The US Securities and Exchange Commission (SEC) has made an unusual move.
Until recently, the SEC generally ruled that most altcoins, except Bitcoin (BTC), were securities and took enforcement action. However, with the new SEC administration, this understanding has changed, and the SEC has adopted a more lenient approach.
As a result, the SEC announced that it had approved the altcoin project called DoubleZero (2Z) and that its token, 2Z, would not be classified as a security.
At this point, DoubleZero, a project that optimizes communication efficiency in distributed systems, announced that it received a “Letter of No Action” from the SEC's Division of Corporate Finance.
Accordingly, the SEC sent a letter to the DoubleZero project stating that programmatic transfers of the 2Z token on its network are not securities transactions and that 2Z does not need to be registered as a class of equity security.
Fox Business cryptocurrency reporter Eleanor Terrett reported this development in a post, implying that this letter represents a historic achievement for the project.
“The SEC sent a letter to DoubleZero stating that there will be no trading for the 2Z token.
What does this mean? The company is not required to record token allocations as securities transactions on its network.
DoubleZero also confirmed the letter sent to them by the SEC and said:
We are proud to share that the SEC has issued a No-Trade Letter to DoubleZero for 2Z. This first-of-its-kind letter means 2Z is not required to register as a security and that 2Z programmatic flows on the DoubleZero network are not securities transactions.
Industry analysts see this development as a groundbreaking development for the crypto ecosystem. They say it will provide much-needed clarity for the crypto sector and lay the groundwork for new crypto startups.
💥BREAKING: BARRON $TRUMP HAS REPORTEDLY MADE $80 MILLION FROM BITCOIN AND CRYPTO INVESTMENTS.
WHAT DOES HE KNOW?
I Think Barron's $80M crypto haul from World Liberty Financial token sales kid's a wallet wizard, but is it insider genius or family pump-and-dump goldmine.
🇺🇸 SEC CHAIR ATKINS ANNOUNCED THAT CRYPTO IS HIS "NUMBER ONE PRIORITY" RIGHT NOW.
🔥 BULLISH: PUMP IT!!!
But If the SEC makes crypto a "priority," it's less about pumping prices and more about defining boundaries. Expect increased scrutiny on unregistered securities and clearer rules, which can be a slow burn for market legitimation.
📊BlackRock surpasses Deribet as the largest Bitcoin options platform.
BlackRock, through its iShares Bitcoin Trust (IBIT), has become the largest destination for Bitcoin options contracts, surpassing Deribet, which had long been the market leader.
According to data reported by Bloomberg, the open interest in IBIT-related options reached approximately $38 billion, while Deribet recorded approximately $32 billion.
$BTC $ETH $SOL
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