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Coinpedia
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Is Pi Network Dead? Pi Coin Price Crash Raises Concerns
- Pi Coin experienced a drastic 20% drop from $1.60 to $0.70 following accusations of pre-mining and secret sell-offs by the Core Team.
- Analyst Dr Altcoin warns of further decline to $0.40 due to KYC privacy risks, while another analyst, Mr Spock, dismisses it as FUD and expects a rebound.
- Concerns arise within the Pi Network community as Core Team's actions suggest sidelining pioneers and controlling the coin's supply and price centrally.
- An automated KYC process raises privacy concerns and potential vulnerabilities, with contrasting predictions on Pi Coin's recovery amidst market volatility.
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TronWeekly
2M
363
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From $2,500 to $5,400? Ethereum’s Path to New All-Time Highs Backed by Key Network Upgrades
- Ethereum (ETH) is currently trading at $2,505.86 and is showing strong bullish momentum with key targets at $3,800 and $4,000.
- The Pectra upgrade has doubled Layer-2 transaction capacity, benefitting networks like Coinbase’s Base and leading market forecasts to expect ETH to surpass $5,400 by the end of 2025.
- Cryptocurrency analyst VipRoseTr highlights Ethereum's bullish action and the short-term target of breaking the $2,700 hurdle, potentially leading to a sustained upward thrust towards $4,000.
- The upgrade of Ethereum's network with Pectra has significantly improved performance, doubling the throughput and lowering fees for Layer-2 solutions, with optimistic predictions for Ethereum's growth supported by upcoming upgrades like Fusaka and continued ecosystem development.
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TheNewsCrypto
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After Recent Spikes, How Far Away Is CORE from the $1 Mark?
- CORE is trading around $0.82, with a 3% spike, and a daily trading volume increase of over 44%.
- A brief bearish wave is impacting the crypto market, with assets showing mixed signals. CORE emerged as the top gainer among altcoins, with a 3.01% spike.
- CORE's price may fall back to $0.8040 range, and intense correction could lead to a death cross formation. The asset might push towards $0.8422 if the bulls regain dominance.
- Technical indicators like MACD line above signal line, but below zero, suggest a potential early-stage recovery. CMF indicator shows slight selling pressure and BBP indicates slight dominance of bulls over bears. RSI reflects a neutral to slightly bullish sentiment.
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Crypto-News-Flash
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Altcoin Season Signals Appear as Assets Exit Binance Fast
- Massive altcoin outflows from Binance could indicate investor accumulation and early signs of an upcoming altcoin season.
- The Altcoin Season Index is currently low, but many altcoins are leaving Binance, suggesting silent accumulation by investors.
- Notable altcoins like ENJ, SLP, FET, AMP, ETH, CRV, MKR, and LINK are being withdrawn from Binance, indicating a shift towards holding rather than selling.
- On-chain analysts suggest that recent capitulation may mark the beginning of a potential altcoin season, with Ethereum and Solana showing early signs of rallying.
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TronWeekly
2M
413
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Chainlink Whale Nets $1.08M Profit, Sparks Bullish Crypto Buzz
- A Chainlink whale made a $1.08 million profit after depositing 200,355 LINK worth $3.27 million to Binance.
- LINK price surged 25% in the last month, with a market cap of $10.16 billion and FDV at $15.46 billion.
- If LINK surpasses $16, it could reach $17.5–$20, followed by $25–$27 resistance levels.
- Chainlink's rally is attributed to partnering with TRON and the whale's deposit triggering a 15.40% spike in daily trading volume.
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TronWeekly
2M
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Stellar (XLM) Price Analysis: Bearish Momentum Builds Below Key Moving Average
- XLM is trading at $0.28942, staying below the 9 EMA, signaling short-term weakness.
- Price lingers near the lower Bollinger Band at $0.28543, indicating increased selling pressure.
- RSI is at 37.47, suggesting weakening momentum with potential for further decline before reaching oversold levels.
- MACD displays a bearish crossover, supporting the current downtrend in alignment with RSI.
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TheNewsCrypto
2M
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KEKIUS Blasts Past $0.06 After Musk’s Profile Change—Will the Rally Last or Fade?
- KEKIUS token surges over 100% after Elon Musk changes profile name to 'Kekius Maximus', leading to a price jump to $0.063 before settling at around $0.047.
- Technical indicators suggest bullish momentum for KEKIUS, with potential to reach $0.075 and beyond if support levels hold.
- On-chain metrics indicate increasing interest from retail and speculative traders, with over 26,000 on-chain holders and liquidity exceeding $1.16 million.
- KEKIUS's sustainability depends on Musk's online behavior, with history showing potential for steep corrections following meme-driven rallies.
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Coinpedia
2M
321
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XRP Price Prediction: Will XRP Remain Consolidated Below $2.5 Throughout Q2 2025?
- XRP price is facing rejection from a crucial resistance zone, signaling a potential bearish pullback with mixed technical signals but somewhat bullish market sentiments.
- Recent XRP transfers of over $350 million by Ripple and Crypto.com suggest OTC deals or liquidity provisioning, along with Ripple burning 4M RLUSD amid stablecoin strategy adjustments.
- XRP price remains in a critical phase with indicators showing signs of potential bearish trend, including a convergence of 50/200-day MA and a bearish crossover possibility.
- XRP price expected to consolidate between $2.5 and $2.6 in the short term, with a potential breakout towards $2.83 and further rise towards $3 and possibly new ATH, indicating a path to higher levels.
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TheNewsCrypto
2M
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FORM Eyes $2.90 Top as Price Holds Above 0.618 Fibonacci Support Level
- FORM cryptocurrency is trading within an ascending channel after breaking above $2.30.
- RSI and MACD indicators suggest sustained bullish strength and upward momentum for FORM.
- FORM's current price is around $2.77 with a market capitalization of $1.05 billion.
- The breakout above the 0.618 Fibonacci level at $2.20 confirmed bullish strength, with price holding above key support levels for FORM.
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Bitcoinsensus
2M
441
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HBAR Price Prediction: Will It Hit $0.23 First?
- HBAR is currently showing a clear bullish structure on the 4-hour chart, with higher highs and higher lows.
- There is a possibility of a liquidity sweep below recent lows before the next upward movement, as the market tends to target obvious liquidity zones.
- Monitoring the reaction to the demand zone below will be crucial to determine the next potential price direction for HBAR.
- To confirm a long setup from the demand area, it is essential to observe if there is sufficient liquidity left above to support a potential price increase.
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TronWeekly
2M
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XRP Slips Under Key EMAs: Bearish Momentum Grows, $2.30 Support Critical
- XRP is trading at $2.3686, slipping 0.53% as bearish pressure grows after a recent rally.
- XRP price drops below the 9 and 21 EMAs, with $2.4633 acting as a key resistance on the 4-hour chart.
- RSI at 43.29 and negative MACD signal indicate fading momentum and lack of strong buying interest.
- Holding the critical $2.30 support is crucial for XRP, as failure could trigger further downside in the market.
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TronWeekly
2M
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Dogecoin Faces Short-Term Dip Risk to $0.20 Amid Bullish $1 Breakout Outlook
- Dogecoin has experienced a 25% increase in the last two weeks, reaching an all-time high of $0.24, amidst a broader crypto market uptrend.
- Analysts indicate possible short-term downside risks for Dogecoin, with concerns rising due to weakening market sentiment and potential decline towards $0.20.
- Historical data shows that spikes in retail futures trading often precede local price tops in Dogecoin, indicating a pattern that could lead to corrections.
- On a bullish note, Dogecoin has broken out from a falling wedge pattern, suggesting a potential rally towards $1 in the current trading cycle according to crypto analyst Anup Dhungana.
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99Bitcoins
2M
321
Africa Crypto Week in Review: Zimbabwe Blockchain Carbon Registry, ZAP Africa Rebuilding Trust in Nigeria
- Zimbabwe launches a blockchain carbon credit registry to enhance transparency in its carbon credit market, aiming to restore investor confidence.
- ZAP Africa endeavors to rebuild trust in the Nigerian crypto market post the CBEX collapse, focusing on credibility and lesser custodial holdings.
- The proposed 5% U.S. remittance tax could potentially drive crypto adoption in Africa by encouraging immigrants to consider cryptocurrency as an alternative to traditional remittance services.
- Africa Crypto Week highlights include initiatives in Zimbabwe and Nigeria to strengthen the crypto landscape, along with the potential impact of the U.S. remittance tax proposal on crypto adoption in the region.
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TronWeekly
2M
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Binance Data: Investors Delaying Major Shifts between Stablecoin and Other Cryptocurrencies
- Binance stablecoin reserves have remained stagnant for the past year, indicating investors are hesitant to make major financial moves.
- Despite recent Bitcoin price gains, investors are refraining from converting their stablecoins to other cryptocurrencies.
- Investors are adopting a cautious approach, awaiting more economic signals before committing to significant market shifts.
- Binance's stablecoin reserves have shown minimal growth, hovering between $30 and $34 billion, reflecting reluctance among investors to trade stablecoins for riskier assets like Bitcoin and Ethereum.
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Coindoo
2M
419
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Pi Coin: Analyst Accuses Project of Executing a Rug Pull
- Crypto commentator Dr. Altcoin accuses Pi Coin Core Team of executing a rug pull by selling a significant amount of Pi tokens at the peak price of $1.60 while the community was distracted by announcements and progress illusions.
- Pi community anticipated a full Mainnet launch with 100+ DApps on May 14 but got Pi Network Ventures instead, leading to a sharp decline in Pi's price to $0.80 and possibly back to the original price of $0.40, eliminating earlier speculative gains.
- The allegations claim that the Pi Core Team has defrauded the community, highlighting the lack of response from key figures in the Pi Network ecosystem, potentially exposing complex insider-led market manipulation in the crypto space.
- The incident serves as a cautionary example of the risks associated with hype without actual delivery in the crypto space, especially when insiders can benefit, potentially prompting regulatory scrutiny.
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