TL;DR Pi Network users continue to face migration issues despite completing the required steps. PI’s price stays deep in the red on a weekly scale, currently trading nearly 80% below its all-time high. The Latest Issue Earlier this week, the X account Pi News (which claims to bring all the news surrounding the controversial crypto project Pi Network) issued important advice. It urged users who see their PI wallets marked in yellow to confirm again and complete two-factor authentication to be eligible for a second migration. “Validate your checklist and complete anything showing in yellow,” the guidance reads. Numerous PI users commenting on the post complained that the problem remains even after taking the steps mentioned above. One person claimed they had done that multiple times, but the balance was not transferred. Others revealed having issues with the first phase of migrations, wondering why the Pi Network team doesn’t get it done properly before moving to the second stage. The project, which saw the light of day in 2019, finally launched its native token and Open Network in February this year. Despite those milestones, numerous people continue to struggle with the verification requirements and migration to the mainnet. The KYC process (known as the Grace Period) was aimed at ensuring that all users complete the necessary steps by March 14 . Otherwise, they risked forfeiting most of their minted PI tokens. While the process was not extended , the developers allowed some Pioneers to pass two-factor authentication (2FA) using a trusted email before their stash gets successfully moved to the mainnet blockchain. PI Price Outlook Despite a minor increase in the past 24 hours, PI’s valuation remains deeply in the red on a weekly scale, currently trading at around $0.64 (according to CoinGecko’s data). PI Price, Source: CoinGecko The price is also 78% down from its all-time high of $3 registered in February, while some factors suggest that the downfall might intensify in the near term. A potential element is the major unlock of tokens scheduled for the next 30 days. Data shows that over 280 million coins will be freed up within that period, with the record day being June 11 (14 million PI). PI Token Unlocks, Source: piscan.io Although the development doesn’t guarantee a mass exit, it gives people the opportunity to offload their tokens, potentially increasing selling pressure. Some X users also foresee an additional slump. Joe Swanson recently claimed that PI has formed “a textbook inverse cup & handle” pattern, viewing this as “a classic bearish continuation.” The analyst envisioned a plunge to $0.40 if the price slips below $0.55. “Trend is weak. Structure is bearish. Caution warranted,” they alerted. The post Pi Network Migration Troubles Continue: Users Left in Limbo appeared first on CryptoPotato .
The post Fed Chair Jerome Powell: Crypto Needs Regulation, No Rate Cuts Ahead appeared first on Coinpedia Fintech News The financial world is buzzing after Federal Reserve Chair Jerome Powell delivered a high-stakes speech that tackled two hot-button issues – crypto regulation and interest rates. His message is that the U.S. needs clear rules for digital assets, and don’t expect rate cuts anytime soon. Speaking at the Fed’s Division of International Finance 75th Anniversary Conference in Washington on Monday, Powell addressed the growing demand for regulatory clarity in crypto and the persistent pressure of inflation. His remarks struck a careful balance between caution and openness, offering key signals for both crypto enthusiasts and market watchers. On June 2, 2025, Chair Powell delivered opening remarks at the @federalreserve ’s International Finance Division 75th Anniversary Conference: https://t.co/c2WNQchiFj pic.twitter.com/j2nd2pobgo — Federal Reserve (@federalreserve) June 2, 2025 Crypto Chaos Needs Control, Says Powell Powell spoke plainly: the crypto market, which is shaken by deception and volatility, requires clear regulation. He went for thorough regulations to safeguard investors. As digital assets like stablecoins and decentralized platforms become more mainstream, agencies like the SEC and CFTC continue to battle over regulatory jurisdiction. Powell emphasized that clear rules would help legitimize crypto, drive out bad actors, and restore trust among both institutional and retail investors. His comments come at a pivotal time for the digital asset space, as it sees more adoption. No Rate Cuts on the Horizon Turning to monetary policy , Powell cooled hopes for an imminent interest rate cut. Despite earlier optimism, the Fed is holding firm as inflation remains above its target. Powell made it clear: rate cuts are off the table until there’s real, sustained progress. Adding to that cautious tone, the OECD recently revised its economic outlook, projecting U.S. GDP growth to slow from 2.8% in 2024 to 1.6% in 2025 and 1.5% in 2026. It also flagged potential risks tied to President Trump’s proposed tariffs, warning these could add further strain on economic growth and policy clarity. Bitcoin Bounces, But Risks Linger Markets responded quickly to Powell’s remarks. After slipping below $103,000 over the weekend, Bitcoin bounced back to $105,455 on June 3, up 1.21%. While the Fed Chair’s balanced approach offered short-term relief, crypto traders remain cautious. Global uncertainty – from inflation to geopolitical tensions – continues to weigh heavily on risk assets, including digital currencies. Final Take: Steady Hands in Shaky Times Powell’s speech didn’t deliver surprises, but it did offer direction. His focus on regulatory transparency for crypto and a steady hand on monetary policy provides a roadmap for investors navigating a volatile environment. As the Fed holds its ground on rates and Washington inches toward clearer crypto rules, the next few months could prove decisive. For now, markets remain on edge.
The post 3 Best Cryptocurrencies To Make It During The 2025 Bull Market appeared first on Coinpedia Fintech News Hunting for the best crypto to buy now in the thriving 2025 crypto market? Cardano (ADA), Ripple (XRP), and Mutuum Finance (MUTM) are drawing keen interest from investors. Mutuum Finance (MUTM) is surging in its presale, raising $9,800,000 with over 525 million tokens sold to 11,600 holders. Phase 5 is currently underway at $0.03 per token, promising a 100% return at its $0.06 launch price. Cardano’s whale activity hints at a breakout, while XRP’s global transaction potential remains strong. These coins offer distinct paths to profit, with Mutuum Finance (MUTM) leading the charge in decentralized finance innovation. Cardano’s Whale Surge Signals Growth Cardano (ADA) is catching eyes as large investors pile in. Whales recently scooped up 180 million ADA tokens, worth roughly $13 million, signaling confidence in its future. Despite a recent 6% dip to around $0.70, trading volumes are climbing, nearing $1 billion daily. Crypto charts show a broken trend line, but a retest could push ADA to $0.75 soon. If momentum holds, analysts see it hitting $1 in 2025, driven by whale accumulation and Cardano’s scalable blockchain. Compared to others, Cardano’s growth feels steady but lacks the immediate upside of newer projects like Mutuum Finance (MUTM). Still, its robust tech keeps it in the crypto investment spotlight. XRP’s Steady Climb in Global Finance Ripple (XRP) is holding firm at $2.305, despite a 0.56% drop in the last 24 hours. Crypto prices reflect rising selling pressure, with support at $2.229 and resistance at $2.558. XRP’s strength lies in its role for fast, low-cost cross-border payments. Predictions suggest an average price of $3.28 in 2025, with potential to hit $5 if demand grows. Crypto charts indicate increasing volatility, but XRP’s neutral sentiment and strong community keep it relevant. XRP remains a solid pick for long-term crypto investment. Mutuum Finance’s Presale Powerhouse Mutuum Finance (MUTM) is carving a niche in decentralized finance. Phase 5 of its presale is live at $0.03, with phase 6 set to raise the price by 16.7% to $0.035. Investors buying now secure a guaranteed 100% ROI at the $0.06 launch price. Analysts predict a post-launch surge to $2.50, offering a staggering 8,233% return from the current price. The project’s dual lending model—peer-to-peer and peer-to-contract—ensures transparency and flexibility. Mutuum Finance (MUTM) has raised $9,800,000, with 525 million tokens sold to 11,600 holders, reflecting strong demand. Its Ethereum-based stablecoin and Layer-2 integration promise low fees and scalability, making it a top crypto to buy now. Mutuum Finance’s Security and Transparency Mutuum Finance (MUTM) is bolstering trust with robust security. The team recently completed a Certik audit, earning a 70.00 security score, signaling a strong safety framework. No vulnerabilities appeared in the audited smart contract, and zero security incidents occurred in the past 90 days. Active monitoring and moderate social media engagement further enhance reliability. Crypto predictions highlight Mutuum Finance (MUTM) as a standout, with its transparent operations and innovative lending platform. Unlike Cardano or XRP, Mutuum Finance (MUTM) offers immediate utility and a clear path to profits, positioning it as a leading crypto investment for 2025’s bull market. Mutuum Finance’s Rewarding Ecosystem Mutuum Finance (MUTM) is incentivizing early adopters creatively. The team launched a dashboard featuring a leaderboard for the top 50 token holders, rewarding them with bonus tokens for maintaining their positions. The platform’s beta launch aligns with its public listing, allowing users to deposit assets and earn interest immediately. Crypto predictions point to Mutuum Finance (MUTM) reaching $2.50 post-launch, fueled by its scalable infrastructure and user-centric design. Compared to Cardano’s gradual climb or XRP’s steady pace, Mutuum Finance (MUTM) offers unmatched short-term potential, making it a must-watch in the crypto market. Riding the 2025 Crypto Wave The 2025 bull market is sparking excitement, and finding the best crypto to buy now is key. Mutuum Finance (MUTM) shines with its presale success, secure framework, and innovative lending model, offering a 100% ROI at launch and potential for a $2.50 valuation. Cardano’s whale-driven momentum and XRP’s global payment utility hold promise but pale against Mutuum Finance’s explosive potential. Crypto prices are climbing, and Mutuum Finance (MUTM) stands out for its affordability and scalability. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
While the leading cryptocurrency Bitcoin (BTC) was running from record to record, the expected rally in altcoins including Ethereum (ETH) never came. While most altcoins, especially Ethereum, are still far from their previous ATHs, cryptocurrency analysis platform Alphractal said that current data suggests that the altcoin season could soon begin. At this point, according to Alphractal, data suggests that altcoins could soon gain momentum and overtake Bitcoin’s dominance. Altcoin Dominance Signals! Alphractal said that both Bitcoin and altcoin dominance are approaching the critical threshold that could trigger a new altcoin rally. Accordingly, Bitcoin dominance has peaked at over 64% and in the past, when Bitcoin dominance started to fall from its peak, altcoins experienced a massive rally, sometimes as much as 50 times. Alpharactal said the data also showed that altcoin dominance, which excludes stablecoins like USDT and USDC, has fallen to 28.4%, a figure that has historically been a crucial support area and points to a possible rally. At this point, the data generally suggests that when altcoin dominance is around 24% to 25.3%, it’s a sign that altcoins are getting ready to rally again. And now that altcoin dominance is approaching this support level again, altcoins could be poised for another big rally. Alphractal also examined the altcoin dominance excluding Ethereum and stablecoins and said it was also 18.92%. Stating that this figure is very close to 18%, which has been a strong support level for many years, the analysis company said that when this level was reached in the past, Bitcoin dominance often fell and altcoins experienced a new rally. “1-Altcoin Dominance (excluding all Stablecoins) 2-Altcoin Dominance (excluding ETH and all Stablecoins) …..While we cannot claim that these support levels alone confirm the start of an Altcoin Season, they are highly relevant signals that have a strong probability of recurrence and present meaningful opportunities in the cryptocurrency market.” Is a Good Opportunity for Altcoins About to Happen? To explore this possibility, we’ve selected two key indicators: 1⃣. Altcoin Dominance (excluding all Stablecoins) 2⃣. Altcoin Dominance (excluding ETH and all Stablecoins) Historically, Altcoin Dominance excluding… pic.twitter.com/ekePyVUPgJ — Alphractal (@Alphractal) June 2, 2025 *This is not investment advice. Continue Reading: Bitcoin Hits New Record Just Two Weeks Ago! So When Will the Big Altcoin Season Begin? Analysis Firm Explains!
We’re excited to announce the launch of Kraken Prime , a full-service prime brokerage solution purpose-built to offer institutional investors seamless access to trading, custody and financing through a unified platform. With Kraken Prime, institutional clients gain access to deep, multi-venue liquidity, sophisticated trading tools and high-touch client service — all consolidated into a single, streamlined interface. This is a strategic milestone, strengthening our ability to meet growing institutional demand by providing the performance, reliability and compliance standards expected of a traditional prime broker. We launch Kraken Prime at a pivotal moment. More institutions — including asset managers, hedge funds and corporates — are coming to crypto as regulatory clarity improves and market infrastructure matures. These entities require partners that offer both technical sophistication, institutional-grade compliance and dedicated 24/7 support in order to engage more deeply in the digital asset space. Kraken Prime was built from the ground up to meet those needs. Clients gain access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced account management team. Trades can be executed directly from qualified custody managed by Kraken Financial, a U.S. state-charted bank. The platform also supports asset-backed lending, T+1 credit facilities and a seamless integration with both on- and off-platform liquidity through an in-house smart order routing system. Kraken co-CEO David Ripley: “Kraken Prime is built to meet the execution quality and service expectations of today’s institutional investors. Our infrastructure has been battle-tested across several market cycles, and with Kraken Prime, we’re channeling that robustness and unmatched expertise into a premium experience tailor-made for institutions.” “We enter this market with a clear mandate: Deliver execution quality, service depth and institutional rigor that not only meet but exceed what traditional finance expects. Kraken Prime’s edge lies in prioritizing quality, reliability and consistency, which are especially critical in volatile markets. We may not be the first to market but we’re setting the bar for institutional crypto.” Kraken Prime is now available to eligible institutional clients. The platform is SOC 2 Type I and ISO/IEC 27001 certified, underscoring Kraken’s commitment to security, compliance and operational excellence. Learn more about Kraken Prime The post Introducing Kraken Prime, a full-service prime brokerage for institutional crypto clients appeared first on Kraken Blog .
CleanSpark, a Nasdaq-listed cryptocurrency mining company, reported mining 694 bitcoins in May, significantly boosting its digital asset portfolio. As of May 31, the firm’s total bitcoin holdings reached an impressive
Bloomberg Strategist believes BTC price is not in clear from retesting $40,000 low
Shiba Inu (SHIB) has experienced a remarkable 522% surge in large transaction volume, signaling heightened whale activity that could precede significant price movements. Data from IntoTheBlock reveals that transactions exceeding
The post BONK Price Surges After Bonk Arena Game Launch: Can It Hit $0.00002962? appeared first on Coinpedia Fintech News In the first 3 days of June 2025, the altcoin market has bullish vibes, and even the memecoin market is excited, especially the BONK price . After hitting an ATH of $0.00005900 in Q4 2024, the first quarter of 2025 was pessimistic for the BONK price, as it shattered over 80% gains and marked a low of $0.00000910. The memecoin was growingly seen as rubbish in this quarter, but Q2 is changing the perspective once again on the optimistic side, and memecoin traders are jumping back again. More to it, the BONK crypto has outpaced itself, as in June, it has become more than a Solana-based meme coin . It has officially rolled out its first licensed game ever, Bonk Arena, which is developed by Bravo Ready. BONK Arena is Live Earn $BONK for every elimination, play on mobile & browser for a chance to win over $10k in prizes over the next 30 days! Check out @BonkArenaGame and Hop into the action pic.twitter.com/IUijmfhiDU — BONK!!! (@bonk_inu) June 2, 2025 As a result of the launch, BONK price has gained new. Over the last day, the token has increased by 8%, and trading volume has risen by almost 30% to exceed $215 million. Keep reading to know more. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : HYPE Coin Hits All-Time High in Q2 with Binance Listing Boost , Was Smart Money Aware Of BONK Arena Before the Retail Crowd? As the price experienced a slow increase and trader participation in meme coins lagged behind that of utility-backed altcoins, BONK came with a plan. Their plan involved launching a “Kill-to-Earn” game aimed at boosting adoption and re-establishing BONK as a prominent meme in the crypto community. It appears that savvy investors anticipated this strategic move, as they began accumulating during the dips in the days leading up to the game’s launch. An account on X has highlighted that over some period, buying activity by whales are tracked, and they are positioning for a bigger move ahead. If this game becomes a strong catalyst and its adoption rises then its price action could explode northwards. On the weekly chart, its clear that it is holding at May’s support zone, and a rise in bullish pressure would lead to a retest at $0.00002962 by June end. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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The Bonk memecoin price is expected to go as high as $0.0000244 in 2025. What will be the BONK price in 2030? According to CoinPedia’s BONK price prediction, the BONK might hit a maximum of $0.00012073 by the end of 2030. Is BONK a good investment? The growing community of BONK, coupled with the power of exponential growth seen in meme coins, makes BONK a good investment.
Reitar Logtech Holdings Ltd. is set to make a landmark $1.5 billion Bitcoin acquisition, signaling a strategic pivot towards cryptocurrency-driven treasury diversification. The Hong Kong-based logistics technology firm, under the