The Pi Network currency enjoys 86% support in the Binance community vote for potential listing ⚡️🔥✅️
Binance recently conducted a survey asking its community for their opinion on listing the Pi Token. The voting period lasted from February 17 to February 27. This allowed the exchange community and users to express their views on the proposed actions.✅️
Fortunately for the Pi Network, the survey came in their favor, with 86% of around 295,000 participants voting in favor of listing the currency on Binance.✅️
Now, despite this significant support, Binance has not yet made a decision on whether to list the cryptocurrency on its platform. The exchange has been very cautious about the types of currencies it lists on its platform. Binance remains one of the cryptocurrency platforms that has a strict vetting process that takes into account factors such as security, liquidity, and regulatory compliance.✅️
Binance still needs to meet listing criteria before listing its token. Meanwhile, in the absence of an official announcement, investors continue to anticipate what Binance will do.✅️
For many members of the Pi community, listing the currency on the Binance platform would give the currency more credibility and attract new investors. This makes sense, as historical patterns indicate that listing currencies on trading platforms has led to an increase in cryptocurrency prices.✅️
Despite all this anticipation, Binance's decision will depend on internal review and not just on community demand.✅️
The CME Group will launch Solana (SOL) futures contracts on March 17 ⚡️⚡️
What this necessarily means is that traders and investors will soon be able to better capitalize on Solana's future price without having to purchase the currency, according to the press release.🔥
This is still pending regulatory approval, but if all goes well, it will complement CME's current offering, which already includes futures contracts for Bitcoin and Ethereum.🔥
These new SOL futures contracts will be available in two sizes: a small contract of 25 SOL and a larger contract of 500 SOL. These contracts will be settled in cash, so traders will be able to settle their gains or losses in U.S. dollars instead of actual Solana tokens. ⚡️
The value of SOL will be determined based on the CME CF Solana-Dollar reference rate, which calculates the value of Solana once a day at 4:00 PM London time.⚡️
Giovanni Viscuso, Head of Global Cryptocurrency Products at CME Group, made a statement regarding the launch:
"With the launch of the new SOL futures contracts, we are responding to the growing demand from customers for a wider range of regulated products to manage cryptocurrency price risks."$SOL 🔥
"Sell your college, but hold on to Bitcoin" - Michael Saylor ⚡️⚡️🔥🔥
Michael Saylor, the CEO of MicroStrategy (MSTR), made a strange comment on X (formerly known as Twitter), where he told people: "Sell your college if you must, but hold on to Bitcoin." He was joking, but his timing was perfect.🔥
Away from social media, Saylor has been pushing for something much larger. He recently met with U.S. lawmakers, including the House Financial Services Committee and Representative French Hill, to discuss creating a Bitcoin reserve for the United States. He believes Bitcoin could be an important asset for the country's future.🔥
Saylor is also trying to spark the interest of big names like Jeff Bezos in Bitcoin. When Bezos recently spoke about supporting "free markets" and "personal liberties" in the Washington Post, Saylor responded by saying: "Bitcoin is the best way to promote personal liberties and free markets." He sees Bitcoin as more than just an investment; it's a movement.🔥$BTC
Bitcoin Rises Above $82,000 as Buying Resumes in the U.S. Market 🔥⚡️
Bitcoin has regained its momentum with increased buying activity in the U.S. market, indicating renewed confidence among investors.
In the past few hours, the price of Bitcoin rose from $78,500 to $82,000. However, at the time of writing this report, the price has dropped to $81,845, reflecting a decrease of 3.72% over the past 24 hours.⚡️⚡️
Just one month ago, Bitcoin reached its all-time high of $109,114.88 on January 20, 2025, but it is still down 25%. At its lowest point of $77,000, it fell about 30% from its peak.⚡️⚡️
The price was on a downward trend before finding support and reversing upward as new buying pressure emerged. With strong demand pushing prices up, traders are closely monitoring key resistance levels for further upward movement.⚡️⚡️$ETH
Ronaldinho warns fans about fake currencies and stirs big news ⚡️
Brazilian football legend Ronaldinho hinted at developing his own cryptocurrency after warning his supporters about fake cryptocurrencies misusing his name.📷
In a recent post on X (Twitter), he urged the cryptocurrency community to be cautious of scams and "stay tuned because we will have big news here very soon!"
Ronaldinho's post comes at a time when meme coins are losing popularity and investors are seeking alternative coins with real-world applications. Meme coins remain a key part of the cryptocurrency industry and tend to mirror general market movements.⚡️
Cryptocurrency analyst Michael van de Poppe criticized the idea, saying that Ronaldinho should focus on protecting investors instead of launching a digital currency. Another user warned that anyone helping him create a token could exploit his reputation, putting investors at risk.⚠️
Even top cryptocurrency experts are skeptical. The former CEO of Binance, Changpeng Zhao, criticized meme coins for lacking real use and harming the reputation of cryptocurrencies. Some agree that these coins encourage risky trading and fraud, while others see them as part of cryptocurrency culture.⚠️⚡️$MEME
Since the percentage of Bitcoin (BTC) holders is less than 1 million people, it is nearing an all-time low this cycle. Individual investors seem to be fearing the market due to recent issues like the Bybit hack, Trump tariffs, etc.⚡️⚡️
As I told you before, I still think there will be more than one wave left. But I don't know when it will come. I just hope the market is full of hope before this summer.⚡️⚡️
The atmosphere now seems to be the same as it was in 2019. The Fed seems reluctant to cut the federal funds rate. Are we heading for another recession next year? 🤔⚡️⚡️$BTC
“This is karma,” entrepreneurs say after Bybit suffers $1.4 billion hack 📷⚠️
The Pi community, known as Pioneers, has fired back at Bybit CEO Ben Zhou after the exchange suffered a massive $1.4 billion hack. While the exchange is still working on its next steps, its problems with the Pi Network project have escalated. 🤔⚠️
Earlier, the listing of Pi on Bybit turned controversial, with Pi claiming that they rejected Bybit KYB’s application, to which Bybit CEO Zhou responded that they did not fill an application. Zhou even went as far as calling the Pi Network a scam. This dispute with the pi community has come to bite Bybit, with Pioneers saying after today’s hack “this is karma.” 😎
The hack reportedly drained funds from a multi-signature ETH wallet. Zhou stated that the attack was carried out using a sophisticated exploit where the transaction appeared legitimate due to a convincing user interface, which Trick signers into approving unauthorized transfers.🤔⚡️
Whale Moves $20.8 Million in SOL from Binance, Is a Rally Coming? 🔥🚀🔥🚀
A crypto whale with wallet tag “AA21...VxH9” moved 123,500 SOL, worth $20.80 million, from Binance today, according to Lookonchain. 🔥
This large transfer occurred as the market was recovering, showing signs of accumulation. However, Solana price has not reacted much, as it remains at recent levels. 🔥
As of now, Solana (SOL) is trading at $172, up 6% in the last 24 hours. But its trading volume has decreased by 28%. 🔥
SOL stock recently fell below the $180 support level and also moved below the 200 EMA (Exponential Moving Average), which is an indication of a bearish trend. 🔥
SOL may remain stuck between $160 and $180 unless it breaks the $190 level. If the price drops below $160, it may drop another 20% to $120. For now, the market is waiting to see if buyers will step in or the price will continue to decline. 🔥
However, some traders are still betting on a rise in the price of SOL. The data showed that there are $145 million in long positions at the $162.8 level. 🔥
This shows that many traders are confident that SOL will not fall below this level, making it a strong support area at the moment. 🔥$SOL
How did BYD Auto manage to sell over 100 cars for Pi Coin amid the ban? 🔥🤔
In China, BYD Auto Service Co., Ltd. reportedly sold over 100 cars using Pi Network’s Pi Coin ($PIGCV314159), with each car exchanged for 0.2 Pi. 🔥
The company, based in Yuhua District, Changsha City, Hunan Province, conducted the transactions despite China’s strict ban on cryptocurrency trading, mining, and use, citing financial risks, fraud, and capital outflows. 🔥
The legality of the sale remains unclear, as China banned all cryptocurrency transactions in 2021. However, underground cryptocurrency trading and alternative barter systems still exist. The legality of BYD Auto Service’s actions remains unclear, as cryptocurrency transactions are illegal under Chinese law. 🔥
The unauthorized Pi Coin PIGCV314159$ appears to be a speculative gray market conversion value (GCV) used in community-driven transactions. The symbol “314159” refers to Pi (π), a recurring pattern in the Pi Network brand. 🔥
ByD Auto Service is backed by major companies including Gaoling Group, Sequoia Capital, Hongyuan Construction, Poly Group, and Hunan Pailian Co., Ltd. 🔥✅️$PAXG
SOL Coin The Truth Behind the Rapid Drop! Is It Time for Winter? 🔥🚀🔥🚀🔥💰🚀
Recently, the price of Solana (SOL) has continued to decline, and behind this lie a number of major factors: 🔥🔥
✅ The Solana network has had a sharp decline in activity The number of Solana users has declined significantly, which has led to a sharp drop in trading volume. This has led to a weakening of demand for SOL, which has directly affected its price.🔥
✅ The wave of meme coins has subsided🔥🔥
Memecoin on Solana (such as the TRUMP token) was very high at one point, but as inflation has calmed down, the value of these tokens has fallen sharply, as investors have sold SOL to stop losses.🔥
✅ Technical pressure🔥⬆️
According to the chart analysis, SOL is currently facing a test of an important support level. If these support levels are broken, it could lead to a broader sell-off. 🔥📈
Currently, Solana is trading at around $178, and today it has dropped by around 2%. Do you think Solana will bounce back, or is this the beginning of a long-term downtrend?🔥📉✅️$SOL
Elon Musk’s DOGE Fund Is Investigating the SEC, What’s Next for Ripple? 🔥🚀🔥
Elon Musk’s Department of Government Efficiency has reportedly begun an investigation into the U.S. Securities and Exchange Commission (SEC). 🔥✅️
The newly created X account, @DOGE_SEC, is leading this initiative to expose potential waste, fraud, and abuse within the regulatory body. 🔥✔️
The DOGE_SEC account is urging the public to share information about the SEC’s actions. The account posted: “DOGE is seeking help from the public! Please DM this account with insights into finding and fixing waste, fraud, and abuse.” 🔥✔️
The move has received significant attention from the crypto community, especially as the SEC’s long-running lawsuit against Ripple nears its conclusion. 🔥✔️
Meanwhile, Ripple’s chief legal officer, Stuart Aldroti, hinted at upcoming details in the case against Ripple, saying, “I have the receipts,” suggesting that key documents revealing the SEC’s actions could soon become public. 🔥✅️$DOGE $XRP
Pepe Coin has lost $6 billion in market value since December
📈🫡📈👌
Pepe has seen significant price swings in recent weeks. The coin recently dropped 46% from its December high, reducing its market cap from $10 billion to $4.1 billion.👌🔥
However, many other meme coins are also seeing the same decline, with some of them suffering enough losses over the past two weeks 👌🔥
Whales Buy 60 Million XRP as Price Prepares for 20% Surge 🔥✅️
Over the past 24 hours, whales have bought over $60 million worth of XRP. This strong action provides positivity for bulls in the bear market. 🔥
XRP price has dropped 3.40% from its intraday high of $2.76 to currently trade at $2.63. This means that while the buying was significant, it did not immediately impact the market. 🔥
Trading volume jumped 32% following the purchase to $4.5 billion. CoinMarketCap data showed that most of the trades are being made through Binance, suggesting that more traders are still participating. 🔥
The RSI is also approaching the oversold level with the moving average line currently at 28.56, which is below the lower band at 30, meaning that bulls could step in soon. 🔥
If XRP can break through the $2.80 level and stay there for a while, it could surge 20% to $3.40 soon🔥
Currently, long traders are dominating, with $28 million worth of long positions at $2.62, suggesting that traders are confident in the price rally. On the other hand, short positions at $2.73 have reached $12.66 million, suggesting that some traders are betting against the XRP price.$XRP 🔥
Influencer Dave Portnoy Loses $5.34 Million in LIBRA Collapse 🔥🔥
O’Neill has called the situation a “rigged game” after discovering that several insiders with ties to LIBRA made millions of dollars after devastating trading losses. 🔥🔥
In a shocking turn of events, influencer and Barstool Sports founder Dave Portnoy has suffered a massive $5.34 million loss after trading LIBRA tokens. According to cryptocurrency analyst Nok O’Neill, Portnoy was paid in LIBRA for influencer marketing, and even bought additional tokens in anticipation of a market rally. However, his timing was wrong, and the tokens plunged in value before he could sell. 🔥🔥
Portnoy’s wallet, which reportedly received LIBRA tokens in exchange for promotional work, suffered when he bought more of the cryptocurrency at a high price. To make up for his losses, Portnoy reportedly reached out to Hayden, the creator of the token, demanding compensation in the form of the return of the LIBRA tokens he received. 🔥🔥
O’Neill also revealed that Portnoy’s wallet received a $5 million payout from an account linked to $MELANIA, a prominent cryptocurrency wallet associated with Melania Trump. 🔥🔥
The internet is also awash with claims about Libra token scams, and there is high speculation about who made the most of the money and how much money from the scam. 🔥✅️
Don’t forget to follow to receive all the latest news, thank you ✅️
Pi Community Seeks Elon Musk's Attention on Pi Network Will It Dominate the Dogecoin Community 🔥👌
Members of the Pi Network community recently reached out to Elon Musk, in an attempt to get his attention and explore Pi Network.🔥⬇️⬆️
In Post X, a Pi Network community member named Dr. Picoin said that Musk asked for a combination of Web3 and blockchain; the solution is here, the PI Network.🔥➡️⬇️
He also promoted Pi's strengths such as high transaction speed, low fees, scalability, and accessibility, making it a potential peer-to-peer (P2P) cryptocurrency that will be widely adopted. This engagement comes as Pi Network approaches the long-awaited Open Network launch.🔥⬆️
He noted that Pi Network has over 70 million users in over 200 countries and regions. The message also highlighted the Know Your Business and Know Your Customer (KYC) measures that help create a safe and inclusive digital space. 🔥⬆️
Elon Musk is known to respond to projects that interest him. He is known for his bizarre tweets that link random situations to DOGE. 🔥👌➡️⬆️
Although he did not respond to the Dr.Pi coin post, this communication reflects the Pi Network community’s ongoing attempts to gain fame and attract prominent people in the tech field. 🔥✅️
Watch the Japanese drawing of DOGE 🤔 Unnatural movement Will the coin rise? $DOGE
Is Binance Listing Pi Coin? Binance Asks Community to Vote 🔥✅️
Cryptocurrency exchange Binance has launched a community vote to decide whether the Pi Network token, Pi Coin, should be listed on the platform. 🔥👌✅️
According to the announcement, this decision comes after we saw strong discussion and interest within the Binance community about the Pi Network. 🔥
Binance is inviting individuals to participate in a community vote on the topic: “Should Pi Network (PI) be launched on Binance?” Voting is available once per person on the official post on Binance Square Official, with the option to “Yes” or “No.”🔥
The voting period for this purpose is from February 17, 2025, 14:45 UTC to February 27, 2025, 23:59 UTC. To vote, an individual must be logged into a verified Binance account with at least $5 worth of assets in the account. The balance must remain at or above this value throughout the voting period. 👌🔥
If the account balance drops below $5 during the voting period, the vote will be invalid. Once a vote is cast, it cannot be changed. 👌🔥
At the end of the voting, Binance will remove any ineligible votes and announce the final numbers. 🔥
After listing, will it compete with Solana 🔥$SOL
Don't forget to follow to get all the new stuff. Thank you 🔥👌✅️
Binance Square Official
--
We want to hear from you! We have been listening to the vibrant discussions within our community about Pi Network. To ensure your voices are heard, participate in our Community Vote on the topic:
"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
What is the launch price of Pi Network: An analytical look
📉🤔🔥
The price of Pi (PI) Network has been a major topic of discussion as its official launch approaches, with many speculating about where it will trade once it is fully open.🔥🔥
The project has built a buzz due to its mobile mining model, attracting millions of users eager to earn PI tokens without the need for expensive hardware. With the IOU price showing stability between 61 and 70, this range could provide an early indication of where PI might settle in the open market.🔥