Pi Network (PI) News and Updates — May 14, 2024

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The team behind the controversial crypto project Pi Network continues to release updates and announcements covering the ecosystem’s development. PI’s price has attempted a rebound, but several signs point to the possibility of a larger correction ahead. Recent Developments Earlier this week, the Core Team announced that more than 18.1 million users have completed full … Read more

Altcoins Signal Bullish Breakout as Bitcoin Nears $100K Milestone

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ETH targets $3,200 after breaking trendlines. SOL eyes the $230 range with a bullish setup. DOGE rises past $0.18 as retail interest grows. A notable shift is unfolding in the cryptocurrency market as Bitcoin approaches the psychological $100,000 level, drawing renewed attention to altcoins. As Bitcoin dominance starts to decline, traders and investors are spotting … Read more

Bitcoin Accumulation Strategy: Buying 3,273 BTC to Scale Holdings

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After completing several large bitcoin purchases totaling more than $3.5 billion, the world’s largest corporate holder of the asset has slightly moderated its buying pace with a more modest acquisition of $255 million. As a result, the company’s total holdings now stand at 818,334 BTC, acquired for approximately $61.81 billion at an average cost of … Read more

Whales Are Accumulating Bitcoin Again — What Are They Preparing For?

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Bitcoin (BTC) pulled back sharply this week, dipping as low as $76,000. Despite growing worries about a deeper decline, whales and institutions appear to be accumulating the largest cryptocurrency. New data from Santiment shows the number of Bitcoin wallets holding at least 100 BTC has climbed to 20,229. That marks an 11.2% increase from the … Read more

Shiba Memu Presale Nears $5M: Is This Memecoin Worth Buying Now?

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Key takeaways The crypto market has eased this week, but the Shiba Memu presale is approaching a new milestone. The presale is nearing $5 million, which will fund further product development by the team. The cryptocurrency market is in a corrective phase this week, with many coins and tokens down more than 5%. Despite this, … Read more

Ripple (XRP) Poised for Major Price Breakout, Analyst Says

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Ripple’s cross-border token has been trading within a relatively tight range for about a month, and the price action has narrowed further over the past week. Popular analyst Ali Martinez believes this period of low volatility may be coming to an end and that the asset is preparing for a significant price move. Major Move … Read more

Bitcoin Is A Tool for Social Justice: Former Fed Official

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Communities can now build wealth and move toward economic freedom by investing in Bitcoin, said a former chief auditor at the Fed. She noted that crypto allows people in Black and Latino communities to access wealth that is otherwise out of reach through the traditional financial system. Bitcoin has been highlighted as a tool to … Read more

BTC, ETH & XRP Show Flash Buy Signals After Market Sell-Off: Santiment

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During the recent market sell-off, several major crypto assets fell into historic “buy zones,” according to on-chain analytics firm Santiment, which based its assessment on the 30-day MVRV metric. That indicator, familiar from past cycles, signaled areas where buyers who entered within the last month were, on average, at a loss. Santiment added that early … Read more

Missed JasmyCoin (JASMY)? This AI Token Could Be Next Big Pick

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Driven by Internet of Things adoption and strong investor sentiment, JasmyCoin surged 119% to $0.05534. iDEGEN raised $2.5 million during a community-led dynamic ongoing presale. iDEGEN leverages artificial intelligence and social media to create a speculative pre-listing opportunity. JasmyCoin (JASMY) has climbed to new heights, drawing attention from investors and cryptocurrency enthusiasts worldwide. Its remarkable … Read more

Pi Network’s PI Token Stabilizes as Bitcoin Rebounds from 3-Week Low

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After being rejected at $82,000 last week, Bitcoin plunged to a three-week low of $76,000 before finding support and staging a modest recovery. By contrast, several larger-cap altcoins posted notable gains over the past 24 hours, led by HYPE, ZEC, and BCH. BTC Rebounds From $76K The leading cryptocurrency repeatedly attempted to break above the … Read more