#PiNetwork Pi Network is trading at a price of $0.6894 at the time this article was written, marking a daily loss of 6% and a decline of 15% over the last 7 days.
After reaching a peak of nearly $3 in February, Pi Coin has now fallen more than 75% and is struggling to maintain long-lasting momentum. May started on a promising note for Pi holders. The price surged nearly 200% in just a few days, reaching a local high of $1.67.
However, what followed was a sharp and steady decline that erased most of those gains. As traders consider their next move, PI is hovering just above a key support level and is trapped in a narrow weekly range between $0.688 and $0.816.
On-chain data shows an increase in exchange inflows, indicating that more tokens are being positioned for sale. Selling pressure is expected to continue as 263 million PI is scheduled to be unlocked in June, followed by 233 million in July and 132 million in August.
#TradingTypes101 Understanding the various types of trading is the first step to building a well-informed strategy. Spot, Margin, and Futures trading each offer unique benefits and risks. Choosing the right one depends on your goals, experience, and risk appetite.
The price of Pi Network may not follow the ongoing rise in cryptocurrency prices due to concerns regarding token sales by the Pi Foundation, centralization, and the continued unlocking of tokens.
One of the main issues is the lack of transparency surrounding the sale of Pi tokens by the Pi Foundation. According to a post on X by blockchain analyst Dr. Altcoin, the foundation reportedly created 22,000 wallets containing more than 92 billion tokens.
He identified a recent transfer of 1.4 million tokens from a four-year-old wallet to a newly created wallet. These tokens were then sold on Gate.io, one of the few exchanges listing Pi Coin. Several similar transactions have reportedly been identified using the PiScan platform.
Another concern is the daily increasing number of tokens during a period of declining demand. Data shows that 110 million coins will be available this month, 254 million in June, and 233 million in July. The network will unlock 1.507 billion coins over the next 12 months.
#ArizonaBTCReserve Arizona has enacted the Strategic Bitcoin Reserve Act, which empowers the state's Department of Finance and pension funds to allocate up to 10% of available funds into Bitcoin and other digital assets.
#AirdropFinderGuide How to get airdrop: Launchpool: Stake your BNB, FDUSD, or USDC to earn new tokens from projects launched for free. Launchpad: Participate in the token sales of new projects. Although not entirely an airdrop, you gain early access to the tokens. Where to find it: Look for the "Launchpad" and "Launchpool" sections on the Binance website or app. 2. Binance Earn - HODLer Airdrop
#XRPETFs #XRPETFs The United States Securities and Exchange Commission (US SEC) has approved the launch of a futures exchange-traded fund (ETF) for XRP by ProShares on April 30, the company said in a filing with the SEC. Here is everything you need to know about XRP, the token creator Ripple, how this futures ETF will work, and other details.
#TrumpTaxCuts President Trump said that the US may be able to substantially reduce—or even eliminate—the federal income tax after the new tariff regime is fully implemented. This proposal could reshape the economic landscape, sparking debates around inflation, government spending, and the role of alternative assets like Bitcoin.
#XRPETF The price of XRP should be at $5.00 now. However, its price is currently less than half of that. The obvious reason for XRP's low price is the vindictive nature of the SEC's case against Ripple Labs. The SEC has bound XRP in a legal lawsuit, which has hampered growth. This is evidenced by how XRP exploded right after Trump was elected and the SEC had to bear the consequences.
The price level of Ethereum that needs to be monitored is $2,150, the lowest point in August and September of last year. A breakout above this level will signal further increases, potentially reaching $3,000. A failure to move above this level poses a risk as it would indicate a break-and-retest pattern, which would suggest further declines.
#TariffsPause The tension of the trade war between the United States and China is once again shaking the global market. The import tariff policy of US President Donald Trump against 185 countries has triggered a sharp correction in the world's capital markets. However, amidst this volatility, cryptocurrency assets are showing their resilience.
$ETH Ethereum remains very volatile, often reflecting Bitcoin trends. Unlimited supply and competition from blockchains like Solana may limit price increases, but its pioneering advantage in smart contracts supports long-term value.
#EthereumFuture Ethereum remains very volatile, often reflecting Bitcoin trends. Unlimited supply and competition from blockchains like Solana may limit price increases, but the first-mover advantage in smart contracts supports long-term value.
$TRUMP Who understands, family! Trump's cryptocurrency dinner may turn into a 'no-show event'? Officials have suddenly hinted that Trump may not attend! If the dinner is canceled, big spenders who bought coins just for the dinner might only receive limited edition entertainment NFTs as a gift.
#DinnerWithTrump According to BlockBeats, 25 top TRUMP holders will be invited to an exclusive reception before dinner with US President Donald Trump. In addition, a special VIP tour of the White House is scheduled for these leading holders the next day.
$ETH ETH surge to $1,782.18, up 9.71%, reflecting strong bullish momentum, in line with the broader market rally and Ethereum's fundamental strength as a smart contract platform.
#MarketRebound Bitcoin (BTC) surged to $93,123 today before easing back to $92,796, still recording a solid gain of +6.56% in the last 24 hours. This movement reflects a broader rebound in the crypto market, likely triggered by the political tensions between Trump and Powell that have shaken interest rate expectations and risk sentiment.
#SaylorBTCPurchase According to PANews, MicroStrategy founder Michael Saylor has shared new insights regarding the Bitcoin Tracker update. Saylor commented, "I don't think this reflects what I did last week."
#USChinaTensions The tension between the US and China is a major global issue involving trade, technology, military, and politics. Key points: Trade War: Both countries have imposed high tariffs on each other's goods, disrupting the global market.
Welcome to Binance OTC! Reach out to us at trading@binance.com, via Telegram (@binanceOTCTrading), or visit https://www.binance.com/en/otc for more information.
Official Account of @Binance Angel Program. Join a selected group of international volunteers who are passionate about Binance, and help make the difference!