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TheNewsCrypto
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Pi Network Plunges 30% as Negative Bitcoin Correlation Signals Further Decline
- Pi Network has seen a 30% decline over the past week, dropping to $0.74, indicating a challenging period for the altcoin.
- The negative correlation of 0.16 with Bitcoin raises concerns about Pi Network's recovery prospects amidst Bitcoin's resilience and potential new all-time highs.
- Technical indicators show the first bearish MACD crossover in over a month, signaling a negative momentum shift for Pi Network, impacting investor sentiment.
- Pi Network faces critical support at $0.71, with a potential further decline to $0.61 if this level is breached, although a market rally could lead to a recovery above the $0.78 resistance level.
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TronWeekly
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XRP Price Soars with 640M Whale Move and Ripple Possible Expansion
- Over 640 million XRP were transferred in 24 hours, signaling strong market recovery and renewed momentum.
- Whale wallets have increased holdings significantly, with top-tier accounts now controlling over 15 billion tokens.
- XRP whales have made significant moves again after transferring 640 million tokens within the last 24 hours, showing a powerful recovery in market activity.
- Ripple Labs is in negotiations to buy Circle, the company behind USD Coin, to strengthen its position in the stablecoin industry and compete with SWIFT for global expansion.
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TronWeekly
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Senate Pushes GENIUS Act Forward, Will It Reshape Crypto Forever?
- The Senate advanced the GENIUS Act with a 66-32 procedural vote, moving it closer to final passage.
- The GENIUS Act proposes a comprehensive framework for regulating stablecoins in the United States.
- The bill requires stablecoin issuers to maintain 1:1 reserves backed by U.S. dollars.
- Key leaders in the crypto industry have backed the GENIUS Act push, believing it will reshape the stablecoin sector and bring clarity to regulations.
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TronWeekly
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Investors Pull Nearly $1B in Cardano, Just Like Before Its All-Time High
- Nearly $1 billion worth of Cardano (ADA) tokens has been withdrawn from centralized exchanges since early 2025, reminiscent of movements before its all-time high in 2021.
- The outflow trend suggests a shift towards long-term holding or accumulation, potentially leading to supply constraints on exchanges and fueling Cardano's next bull run.
- Charles Hoskinson confirmed speculation about a potential DeFi collaboration with Litecoin, indicating a significant cross-chain partnership in the decentralized finance ecosystem.
- Positive sentiment is also fueled by the increasing likelihood of a U.S. exchange-traded fund (ETF) approval for Cardano, with demand from institutional investors and Grayscale's filing further supporting ADA's growth potential.
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Coindoo
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Leverage in the Crypto Market: Understanding the Four Key Scenarios
- Open Interest (OI) and the Long/Short Ratio (LSR) are critical indicators to track leveraged positions in the crypto market.
- Scenario 1: Rising Open Interest and Long/Short Ratio signal growing optimism but also pose the risk of a sudden reversal.
- Scenario 2: Falling Open Interest and Long/Short Ratio indicate a cautious or bearish sentiment with potential for a bullish reversal.
- Scenario 3: Rising Open Interest but falling Long/Short Ratio may lead to forced liquidations and a high probability of a bullish reversal.
- Scenario 4: Falling Open Interest but rising Long/Short Ratio suggest a lack of strong conviction among bullish traders, leading to vulnerability if support levels fail.
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TronWeekly
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QNT Price Surges Above $90 Support, Eyes $138.23 Resistance Next
- Quant Network (QNT) price surged above $90 support and is now eyeing the $138.23 resistance next.
- QNT gained 4.48% in the last 24 hours, with a trading volume reaching $15.36M and bullish indicators emerging.
- Technical analysis indicates a bullish reversal for QNT as it breaks a falling wedge pattern, with targets identified at $138.23 and $180.80.
- QNT is currently trading at $94.38, showing signs of upward momentum and aiming for higher gains if support levels hold.
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TronWeekly
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SEC Puts Solana ETF on Hold Again, Leaving Approval Timeline Unclear
- The US SEC has delayed the decision on Solana ETF filings from 21Shares and Bitwise, leading to unclear approval timelines.
- Formal proceedings have been initiated by the regulator to further evaluate the proposed rule changes related to the SOL ETFs.
- This delay reflects the broader uncertainty surrounding the approval process for digital asset ETFs in the US, including the need for more time to review cryptocurrency funds like Solana ETFs.
- Despite multiple delays, there is still optimism for the approval of Solana ETF, with analysts predicting potential approval by late next year and discussions among asset managers continuing for US approvals.
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TronWeekly
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A Temporary Rise in Dogecoin Has Been Followed By Another decline: What Will be its Next Move?
- Dogecoin rebounded briefly but failed to sustain above $0.15 due to substantial resistance.
- Current market activity indicates a neutral to bearish trend for Dogecoin with weak buyer interest.
- The future trend of Dogecoin will be influenced by its ability to break above $0.15 or fall below $0.13.
- Dogecoin's price attempted to rise above $0.15 but faced resistance, indicating potential short-term bearish trends if it does not regain this level.
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Bitcoinist
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Pi Network Faces Obstacles As Price Wobbles Below $1, What’s Happening?
- Pi Network price struggles below $1 after initial rally to $2.98, facing pressure from bears.
- Post-launch troubles include locked coins, KYC issues, lack of Tier 1 exchange listings, and no DeFi usage on the platform.
- Community speculates team actions are hindering listings on top exchanges due to lack of transparency.
- Pi Network price fluctuates with the crypto market, recently experiencing a short-lived rally above $1.2 before dropping back below $1.
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Cryptoticker
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Is Pendle Price About to Shock the Market?
- Pendle (PENDLE) price has shown strong bullish momentum on both daily and hourly charts, indicating a possible breakout.
- On the daily chart, Pendle's price is above key SMAs, with resistance at $4.33 likely to be broken, targeting $4.80 and potentially $5.55.
- The hourly chart shows Pendle holding above major moving averages, with a support band between $4.05–$4.28, suggesting a retest of $4.48 and possible spike to $4.80.
- A breakout above $4.33 could lead Pendle to hit $5.16, supported by the bullish market structure. Buying above $4.33 with a stop-loss at $4.00 is recommended.
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Nigeriabitcoincummunity
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5 Top Performers in 2025: Why These Cryptos Are Leading the Pack
- Bitcoin (BTC) has seen a 95% year-to-date increase, driven by institutional investors, the 2024 halving, and its role as a hedge against inflation.
- Solana (SOL) experienced an 89% YTD growth, attributed to low fees, fast transaction speeds, partnerships, and use cases like NFT projects and DeFi dApps.
- Ethereum (ETH) has surged by 82% YTD due to the full rollout of Ethereum 2.0, increased activity on Layer 2 solutions, and rising institutional interest.
- Ripple (XRP) has seen a 76% YTD increase after gaining regulatory clarity, being used for cross-border payments, and seeing blockchain adoption for stablecoin issuance.
- Monero (XMR) achieved a 65% YTD growth as the top privacy coin, attracting users concerned about surveillance and censorship, along with tightening regulations.
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TronWeekly
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Ethereum Supply Crashes to Shocking 10-Year Low Is There a Bullish Breakout Ahead?
- Ethereum's total supply held on exchanges hits a 10-year low, with only 4.9% on trading platforms.
- Analysts predict a bullish breakout for Ethereum as the decreasing supply may push prices towards $5,000.
- In the last 24 hours, ETH price surged by 5.5% following the drop in supply, reaching over $2,584 with a market cap exceeding $305 billion.
- Large holders increasing ETH holdings and institutions investing in ETH suggest a positive outlook for Ethereum, with some predicting a price hike to $5,000.
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TronWeekly
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Ethereum Stuck in Range: Will It Break $2,800 or Fall to $1,500?
- Ethereum has been trading between $2,100 and $2,800 with uncertain near-term direction and low momentum.
- Key support at $2,260 and resistance at $2,800 could determine Ethereum's next move above $3,000.
- Weakening bullish signals from RSI and MACD suggest Ethereum could fall towards $1,500 if it breaks $1,688.
- Market analysts highlight Ethereum's narrow price range, potential support at $2,110, and critical support levels below $1,688 that could influence short-term movements.
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Coindoo
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Pi Network: Is it the Biggest Crypto Rug Pull of 2025?
- Investigative insights by account 'Atlas' revealed a complex web of hype, centralized control, and insider trading within Pi Network.
- Pi Network attracted millions with the promise of free tokens through smartphone mining, but delays and vague promises raised concerns.
- After Pi Network's price surge and mainnet launch, a $100 million VC fund announcement coincided with a significant price collapse, raising suspicions of insider trading.
- The Pi Core Team's alleged 12 million Pi token dump at the price peak, along with ongoing governance issues, has fueled questions about Pi Network's legitimacy as a blockchain project.
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TronWeekly
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Pi Coin Teeters as $0.70 as 5.7M Token Unlock Threatens Price
- Pi Coin's value has dropped over 50% in the last week, now trading near $0.70.
- Scheduled unlock of 5.7 million Pi Coin tokens today expected to increase supply and pressure the market.
- Pi Network's native token price drop raises concerns about potential further price crashes amid rising supply.
- Community trust in Pi Network erodes as concerns over transparency and hidden wallets surface.
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