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What is Pi Network?

#pi Network is a cryptocurrency project that allows users to mine #pi coin on their smartphones without using much energy. It was launched on MARCH 14, 2019, by a group of Stanford graduates. The goal of the project is to make cryptocurrency accessible to everyone.

About #Pi Coin:

1. Mining on Mobile: Unlike Bitcoin or Ethereum, Pi Coin can be mined using a mobile app without draining your phone's battery or requiring expensive equipment.

2. Community-Based: Pi Network has over 60 million users worldwide, making it one of the largest cryptocurrency communities.

3. KYC and Main net: To use your mined Pi Coins, you need to complete the Know Your Customer (KYC) process. After KYC, your coins can be migrated to the mainnet, where they become usable.

4. No Official Listing Yet: Pi Coin is not officially listed on major exchanges like Binance or Coinbase as of now. Some exchanges have listed "unofficial" versions of Pi, but the Pi Core Team has warned users to be cautious.

5. Future Potential: Many believe that once Pi Coin is listed on big exchanges, its value could increase significantly. However, others are skeptical about its long-term success.

$BTC

bitcoin marked last hours

#btc #BTCNextMove #ton #market #binance

Bitcoin (BTC) Market Update: A Promising Recovery After Recent Volatility

The Bitcoin/USDT trading pair is showing promising recovery signs, with the price currently at $98,570.64, reflecting a 2.03% increase$BTC
over the last 24 hours. This comes after a period of significant fluctuations, as seen in the chart.

Key Highlights:
1. 24-Hour Performance:
- High: $99,540.61
- Low: $92,232.54
- Trading volume remains robust, with 54,957.42 BTC exchanged in the last day.

2. Technical Indicators:
- Moving Averages:
- 7-day MA: $101,528.33 (indicating potential resistance above the current price).
- 25-day MA: $99,160.29.
- 99-day MA: $78,711.36 (long-term support remains strong).
- The price dipped recently but is now rebounding above critical support levels.

3. Long-Term Trends:
- Over the *last 90 days*, BTC has gained an impressive *55.79%*, while the 1-year performance shows a staggering 126.90% growth, making it one of the most rewarding assets of 2024.

4. Market Sentiment:
- The green candlestick and increased trading volume indicate a bullish sentiment among traders. Investors appear optimistic about BTC's resilience amid global economic and regulatory developments.

Outlook:
If BTC maintains its momentum and surpasses the $100,000 resistance level, it could spark further bullish activity. However, traders are advised to monitor market trends closely, as Bitcoin's historical volatility can bring unexpected moves.