Bitcoin ETFs Experience Inflows Amid Market Recovery: Will BTC Reach $120,000 Again?

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Trader Issues Bitcoin Alert, Says BTC Could Drop Sharply if History Repeats Itself – Here Are His Targets

Cryptocurrency analyst and trader Ali Martinez is warning of a potential sharp drop in the price of Bitcoin ( BTC ) if history repeats itself. Martinez tells his 145,900 followers on the social media platform X that Bitcoin has previously corrected by 20% to 30% in two instances after the Relative Strength Index (RSI) on the weekly chart fell below the 14-period smooth moving average (SMA) overlaid on it. The RSI is a momentum oscillator used to determine oversold or overbought conditions. The RSI crossing the moving average indicates a bearish signal, while the RSI crossing above a moving average is a bullish signal. “If history repeats, we could see a move down to $95,000!” Source: Ali Martinez/X The widely followed analyst also says that based on Bitcoin’s Market Value to Realized Value (MVRV) Extreme Deviation Price Bands, the $111,000 price is a “critical support level” for the crypto king and could lead to a correction of around 20% from the current area if it breaks. The MVRV Extreme Deviation Pricing Bands are a tool used to determine potential support and resistance levels based on the standard deviation of Bitcoin’s MVRV ratio from its historical mean. The MVRV ratio, which is simply the ratio of Bitcoin’s market cap relative to the price when coins were last moved, indicates whether Bitcoin at current prices is above a fair value (overvalued) or not (undervalued). Source: Ali Martinez/X Bitcoin is trading at $114,168 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/sdecoret/Konstantin Faraktinov The post Trader Issues Bitcoin Alert, Says BTC Could Drop Sharply if History Repeats Itself – Here Are His Targets appeared first on The Daily Hodl .

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OKX Margin Trading Delisting: Urgent Alert on 21 Pairs

BitcoinWorld OKX Margin Trading Delisting: Urgent Alert on 21 Pairs Get ready, traders! OKX, a leading global cryptocurrency exchange, has just announced a significant update concerning its margin trading offerings. This crucial OKX margin trading delisting will impact 21 specific pairs, requiring immediate attention and action from users. Understanding these changes is vital for anyone engaged in crypto margin trading on the platform. What Does the OKX Margin Trading Delisting Mean for You? OKX officially communicated on its website its decision to delist a total of 21 margin trading pairs. This move is part of an ongoing review process aimed at maintaining a healthy and robust trading environment. The delisting will occur in two distinct phases, impacting various popular digital assets. This means that after the specified dates, you will no longer be able to open new margin positions or maintain existing ones for these particular pairs. Therefore, it is essential for traders to prepare adequately to avoid any potential complications or unexpected losses. Which OKX Delists Pairs Are Affected and When? Understanding which specific pairs are affected is paramount for all OKX users. The delisting schedule is precise, with different batches of pairs being removed on separate days in August. The first batch of delistings is scheduled for August 14th, between 06:00 and 10:00 UTC . The pairs to be removed on this date include: AAVE/USDC ADA/USDC ALGO/USDT APE/USDC APT/USDC ATOM/USDC AVAX/USDC BCH/USDC CHZ/USDC DOT/USDC LINK/USDC NEAR/USDC Following closely, the second wave of delistings will occur on August 15th, also between 06:00 and 10:00 UTC . These include: OP/USDC SAND/USDC UNI/USDC XRP/USDC DOGE/USDC LTC/USDC SOL/USDC ETH/USDC BTC/USDC Navigating the Impact on Your Crypto Margin Trading Strategy For traders currently holding positions in these soon-to-be delisted trading pairs , immediate action is paramount. OKX advises users to take specific steps to avoid potential losses or complications arising from the delisting. It is crucial to close any open margin positions for the affected pairs before their respective delisting times. If you fail to do so, OKX’s system will automatically close these positions, which could result in forced liquidation at potentially unfavorable market prices. Always prioritize managing your risk effectively, especially when exchange updates occur. Important Actions Following This OKX Exchange Update To ensure a smooth transition and protect your assets, consider these actionable insights: Close Open Positions: Actively close all your margin positions for the listed pairs before the specified delisting times. This gives you control over your exit price. Transfer Assets: If you hold any of the base or quote assets (e.g., AAVE, USDC, USDT) from the delisted pairs in your margin account, consider transferring them to your funding or trading accounts. This ensures accessibility and flexibility for future trades. Stay Informed: Regularly check OKX’s official announcements page for any further updates or clarifications regarding this or other changes. Understanding the Implications of Delisted Trading Pairs While the immediate impact is on margin trading, understanding why exchanges make such decisions provides broader insight. Typically, delistings occur due to factors like low liquidity, insufficient market demand for certain pairs, or a strategic decision to streamline offerings. This OKX exchange update aims to optimize their trading environment, ensuring focus on more liquid and actively traded assets. The OKX margin trading delisting serves as a vital reminder for all cryptocurrency traders to stay informed about exchange announcements and proactively manage their portfolios. Being prepared for such changes is a key component of successful and responsible trading in the dynamic crypto market. The recent OKX margin trading delisting serves as a vital reminder for all cryptocurrency traders to stay informed about exchange announcements. Proactive management of your portfolio is key in the ever-evolving cryptocurrency landscape. Always be prepared for changes to ensure the security and growth of your digital assets. Frequently Asked Questions (FAQs) When exactly will the OKX margin trading delisting occur? The delisting will happen in two phases: August 14th, 06:00-10:00 UTC for the first batch of 12 pairs, and August 15th, 06:00-10:00 UTC for the second batch of 9 pairs. What happens if I don’t close my margin positions before the delisting? If you do not close your positions, OKX’s system will automatically close them at the delisting time. This could result in forced liquidation, potentially at unfavorable market prices, leading to unexpected losses. Can I still trade these pairs on spot markets after the delisting? The announcement specifically refers to margin trading pairs. OKX typically maintains spot trading for many of these assets. It’s advisable to check the spot market availability directly on the OKX platform for specific pairs. Why does OKX delist trading pairs? Exchanges like OKX delist pairs to optimize their offerings, often due to low liquidity, insufficient trading volume, lack of market demand, or to manage risk more effectively. It’s a standard practice to maintain a healthy and efficient trading environment. Will this OKX exchange update affect my other assets on OKX? This delisting specifically impacts margin trading for the listed 21 pairs. Your other assets or trading activities not related to these specific margin pairs should remain unaffected. However, always review your portfolio in light of significant exchange announcements. Did you find this information helpful? Share this article with your fellow traders and friends on social media to keep them informed about the latest OKX updates and critical crypto market changes! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post OKX Margin Trading Delisting: Urgent Alert on 21 Pairs first appeared on BitcoinWorld and is written by Editorial Team

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Hyperliquid’s Growth Suggests Shift Towards DeFi Perpetual Futures Amid Record Trading Volumes

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Hyperliquid’s trading volume

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Stablecoin Market Cap Soars 4.87% to $261B Following 22-Month Growth Streak

The stablecoin sector achieved another milestone in July, with total market capitalization reaching a new all-time high of $261B, representing a 4.87% monthly increase. This achievement extends an unprecedented twenty-two consecutive months of growth for the stablecoin market. $1.60T Trading Volume Powers July’s Stablecoin Market Growth According to the latest Stablecoins & CBDCs Report from CoinDesk, stablecoin pair trading volume on centralized exchanges reached $1.60T in July, coinciding with a broader digital asset rally driven by surging corporate adoption. Source: Coindesk Research The report reveals that Tether (USDT) maintains its sector leadership position, with market capitalization climbing 3.61% to $164B in July, marking its twenty-third consecutive monthly expansion. Despite this growth, USDT’s market dominance experienced a slight contraction in July, declining from 62.5% to 61.8%. Meanwhile, USD Coin (USDC) showed strong performance with a 3.78% increase to $63.6B, while Ethena USDe posted remarkable growth of 43.5% to reach $7.60B in market capitalization. Ethena is experiencing the fastest growth in Q3 2025 It's up $4.02 billion this quarter, and we still have 60 days left in this quarter. Compared to other stablecoins like USDT, USDC, and USDS, Ethena has low transfer volume compared to its market cap. The transfer… pic.twitter.com/RYb2UI7ebP — Heechang (@xparadigms) August 4, 2025 Ethena USDe’s expansion proves particularly noteworthy, occurring despite a significant decrease in staked USDe APY from over 20% to 9.79%. A surprising finding from the report shows Falcon Finance’s USDf, which recorded the highest market capitalization increase among the top 10 stablecoins, surging 121% to $1.07B. Conversely, BlackRock’s BUIDL and First Digital Labs’ FDUSD experienced the steepest declines, falling 15.9% and 8.54% to $2.40B and $8.54B, respectively. Source: Coindesk Research The report ranks the top 10 stablecoins by market capitalization as follows: Tether (USDT), USD Coin (USDC), Ethena USDe, Sky Dollar, Dai, BlackRock USD (BUIDL), World Liberty Financial USD (USDD), Ethena USDtb, First Digital USD, and Falcon USD. Tron Network Captures 50% of Total USDT Supply As GENIUS Act Establishes Federal Stablecoin Framework The stablecoin ecosystem on the Tron network reached a new all-time high in July, climbing to $81.9B. For the first time since August 2024, Tron now commands over 50% of the total USDT supply across all blockchain networks. USDT Has a New Home: It’s TRON. 1H 2025 Recap: Stablecoin Capital Has Moved ➾ USDT on TRON: $80.8B (ATH) ➾ Ethereum: $73.8B ➾ +$21B growth in 2025 | +35% YTD TRON now settles more USDT than Ethereum — it’s not catching up, it’s leading. Why it matters: TRON is the new… pic.twitter.com/VIYgga4Ome — Dark cookies (@ayo30bg) August 2, 2025 The stablecoin sector’s consistent growth coincides with enhanced regulatory clarity. Most significantly, the GENIUS Act became law when President Trump signed the legislation on July 18. This groundbreaking framework establishes the first federal regulations for “payment stablecoins,” mandating full 1:1 backing by cash or liquid U.S. Treasuries, while enforcing monthly reserve disclosures and auditing requirements. These developments have accelerated adoption within the stablecoin sector as builders, users, and stakeholders gain increased confidence in its utility and efficiency. For example, in July, the combined market capitalization of non-USD stablecoins, including euro and ruble-backed tokens, exceeded $1 billion for the first time. Source: Coindesk Research These trends have encouraged countries and traditional financial institutions to soften their stances toward crypto stablecoin adoption. On August 1, Hong Kong’s licensing regime announced plans to permit HKD- and CNY-pegged stablecoins to compete in Asian settlement markets currently dominated by USD. Just Yesterday, payment processor Remitly disclosed intentions to integrate stablecoin functionality into its global payment network. Industry Split on Stablecoin Market Growth Projections: $2T vs $500B The stablecoin wave of adoption and innovation has prompted industry leaders like Ripple CEO Brad Garlinghouse to project explosive sector growth, suggesting the market could expand from its current $261 billion valuation to as much as $2 trillion in the near future. Speaking on CNBC’s “Squawk Box” in July, Garlinghouse characterized the potential expansion as “profound,” citing institutional momentum and evolving regulatory frameworks as primary catalysts. Stablecoins To $2 trillion! Treasury Secretary Scott Bessent said that dollar linked stablecoins could hit $2trn and could help cement dollar dominance. pic.twitter.com/U30W4VuUP4 — Coin Bureau (@coinbureau) June 12, 2025 However, JPMorgan has expressed skepticism regarding bullish stablecoin projections, forecasting more modest growth to $500B by 2028 and cautioning that trillion-dollar estimates are “far too optimistic.” The banking giant cited limited mainstream adoption and restricted use cases beyond cryptocurrency trading as significant barriers to explosive growth. The post Stablecoin Market Cap Soars 4.87% to $261B Following 22-Month Growth Streak appeared first on Cryptonews .

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Ripple CTO Clarifies XRP Ledger Decentralization and Denies Secret Access

Ripple's CTO confirms XRP Ledger is fully decentralized, no secret control. XRP Ledger validators are independently operated and network changes require consensus. Ripple manages XRP sales but denies market manipulation claims. Ripple does not have “secret access” to the XRP Ledger (XRPL) network — the blockchain is fully decentralized, Ripple’s CTO David Schwartz stated in an interview with Decrypt. ”We are a significant contributor to the ecosystem. It is certainly very important to us. But we have no interest or desire to control or manage the network,” Schwartz said. Critics have pointed to the relatively low number of validators on the XRPL—187 according to XRPScan—much fewer than Bitcoin’s roughly 23,000 nodes as reported by Bitnodes. However, Schwartz emphasized that the number alone is not the key metric; the distribution among independent operators matters most. According to Schwartz, Ripple operates only one of 35 validators—less than 1% of the total network. All major protocol changes require 80% agreement from network participants. “We physically cannot block transactions or change the rules of the game unilaterally,” he added. The XRP Ledger uses Unique Node Lists (UNLs), which are trusted validator nodes independently selected by each participant. The official UNL maintained by the XRP Foundation used to include Ripple nodes but now operates independently. Some critics allege Ripple influences the market by periodically selling XRP tokens—it currently controls about 38 billion XRP. Schwartz denies any manipulation, stating that sales from escrow affect liquidity but do not impact blockchain operations. Ripple’s decentralized governance model, with less than 1% control over validators and strict consensus rules, ensures no single entity, including Ripple, can unilaterally control or manipulate the XRP Ledger network.

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Crypto Market Turns Green as Bitcoin Hyper Presale Climbs Towards $7.5M

The crypto market’s flashing green again, and not just on your watch list. Most of the top ten tokens on CoinMarketCap have posted solid daily gains , with $BTC pushing above $116K, $ETH climbing past $3.8K, and $SOL jumping over 5% in the past 24 hours. Even the Fear & Greed Index is creeping towards ‘Greed’ territory, hinting at renewed confidence across the board. But while the majors are rebounding, one of the most talked-about projects right now isn’t even listed yet: Bitcoin Hyper ($HYPER) . The presale for this Bitcoin Layer 2 has now pulled in just under $7.5M, and the momentum isn’t slowing down. So what’s behind the broader recovery? And why is $HYPER turning heads in the middle of it? Green Charts Return – But What’s Fueling the Recovery? The crypto market is enjoying a rare stretch of synchronized green, with weekly gains stacking up across the board. $BTC is up almost 2% over the past 24 hours, pushing it firmly above the $116K mark, while $ETH has tacked up 5.36% , trading around $3.8K $SOL is leading the majors with a 5.67% daily pump, continuing its role as a momentum magnet for top altcoin traders. Meanwhile, sentiment is catching up. The Fear & Greed Index has crept up to 54 after bottoming at 48 recently, inching closer to ‘Greed’ territory and reflecting a slow but steady return of market confidence. This rebound isn’t just about Bitcoin strength; it’s about traders hunting for what’s next. And increasingly, the action is moving down the market cap ladder. L2s and Meme Coins Are Gaining Steam – What Comes Next? When majors like $BTC and $ETH stabilize, liquidity tends to trickle down. And that’s exactly what’s happening now. Layer 2s and the best meme coins are gaining steam, especially projects that blend strong tech with meme-worthy community pull. Just look at $POL (Polygon), up over 8% today, and $MNT (Mantle), which added 4.91% today alongside its incredible 22.89% this week . Meme coin staples are getting fresh inflows – $DOGE is up 5.7% , $PEPE climbed 5% , and $PENGU leads the pack with an 11.3% daily gain, hinting that risk appetite is returning to the market. Historically, meme coin cycles tend to kick off during recoveries (think early 2021 and mid-2023), when traders are hungry for high-volatility plays with viral upside. That sets the stage for hybrid projects like Bitcoin Hyper, which fuses the degen energy of meme coins with the actual utility of a Bitcoin Layer 2. The Solana Virtual Machine (SVM) has already proven it can handle speed and scale for memes. Now it’s Bitcoin’s shot. Why Bitcoin Hyper ($HYPER) Is One of the Most Hyped Projects of the Cycle Bitcoin Hyper is building what Bitcoin’s never had: a high-speed, meme-ready execution layer backed by real, tested SVM architecture. Bitcoin Hyper ($HYPER) has already pulled in $7.43M+, a clear signal that retail demand is heating up. With a presale price of $0.01255 and 145% staking rewards, early adopters are jumping in fast – not just for the memes, but for the mechanics. Because here’s the thing: Bitcoin Hyper isn’t your average meme coin. It’s the first real Bitcoin Layer 2 powered by the SVM, built to deliver the speed, scalability, and low fees Bitcoin has always lacked. Imagine this: you deposit $BTC → it gets verified trustlessly via smart contracts → and is instantly minted on Bitcoin Hyper’s Layer 2. This gives you Solana’s sub-second transaction speeds and near-zero gas fees, while ZK-proofs maintain secure settlement on the Bitcoin Layer 1. And it’s cross-chain from day one: assets can flow freely between $BTC, $ETH, and $SOL ecosystems. $HYPER is the fuel behind it all. It powers staking, governance, airdrops, launch access, and dApps. And yes, it’s fully audited and built for degens who want more than just a chart to stare at. Meme-ready, tech-stacked, and culture-driven, Bitcoin Hyper is shaping up to be one of the most talked-about launches of the cycle. To learn more about the project, its tokenomics, community sentiment, and more, check out our What is Bitcoin Hyper ($HYPER) guide . Final Thoughts: Why $HYPER Could Lead the Next Altcoin Wave The broader market rebound is a welcome signal, but the next leg up is likely to be shaped by alt narratives. Projects that combine strong fundamentals with degen appeal are gaining traction fast. And Bitcoin Hyper is one of them. With over $7.43M raised and staking rewards over 145%, it’s no surprise $HYPER is gaining steam in both trader circles and builder communities. But remember, meme coins, L2s, and the entire crypto industry carry inherent risks. This is not financial advice. Please do your own research (DYOR) before making any move.

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Bank of England Rate Cut: Crucial Implications for the Crypto Market

BitcoinWorld Bank of England Rate Cut: Crucial Implications for the Crypto Market The financial world is buzzing with significant news! The Bank of England recently made headlines with a crucial Bank of England rate cut , lowering interest rates by 25 basis points to 4%. This move, as reported by Watcher Guru on X, marks a notable shift in the UK’s monetary policy. For those invested in digital assets, understanding the ripple effects of such central bank decisions is more important than ever. What does this mean for your crypto portfolio? What Exactly Happened with UK Interest Rates ? The Bank of England, the central bank of the United Kingdom, announced a reduction in its benchmark interest rate. They cut the rate by 25 basis points (bps), bringing it down from 4.25% to 4%. A basis point is simply one-hundredth of a percentage point, so 25 basis points equals 0.25%. Why the Cut? Central banks typically lower interest rates to stimulate economic growth. Cheaper borrowing costs can encourage businesses to invest and consumers to spend, potentially boosting the economy. A Shift in Stance: This decision signals a change in the Bank of England’s approach, moving away from the rate-hiking cycle seen in recent times, which was primarily aimed at combating inflation. This development is not just about traditional finance; it has far-reaching implications that can touch various markets, including the volatile world of cryptocurrencies. Understanding the Economic Policy Changes When a major central bank like the Bank of England adjusts its rates, it creates waves across the global financial landscape. This particular economic policy change could influence everything from mortgage rates to business loans, ultimately affecting the overall liquidity and investor sentiment. Lower interest rates generally make traditional savings less attractive, as the returns on deposits decrease. Consequently, investors might seek higher yields in other asset classes. This search for yield can sometimes lead capital into riskier, yet potentially more rewarding, investments. Moreover, a looser monetary policy often means more money flowing into the economy. This increased liquidity can find its way into various markets, including digital assets, as investors look for opportunities beyond traditional fixed-income securities. Anticipating Crypto Market Impact How might this crypto market impact play out? Historically, periods of lower interest rates and increased liquidity have sometimes coincided with greater investor appetite for riskier assets. Cryptocurrencies, known for their volatility and high growth potential, often fall into this category. Consider these potential scenarios: Increased Capital Flow: With lower returns on conventional savings, some investors might reallocate funds towards cryptocurrencies, seeking better growth prospects. Inflation Hedging: If the rate cut leads to concerns about inflation in the long run, some investors might view assets like Bitcoin as a potential hedge against currency devaluation, similar to gold. Risk-On Sentiment: A general loosening of monetary policy can foster a ‘risk-on’ environment, where investors are more willing to take on speculative positions, benefiting crypto. However, it’s also important to remember that the crypto market reacts to a multitude of factors, not just central bank decisions. Global economic health, regulatory developments, and technological advancements within the crypto space all play a significant role. Navigating Central Bank Decisions and Your Portfolio This recent move by the Bank of England is part of a broader trend of central bank decisions globally, as economies navigate post-pandemic recovery and inflation challenges. Staying informed about these monetary policy shifts is vital for any investor, especially those in the dynamic crypto space. What actionable insights can you draw from this? Stay Informed: Keep an eye on announcements from other major central banks (e.g., the Federal Reserve, European Central Bank) as their actions can also influence global liquidity and investor sentiment. Diversify Wisely: While rate cuts might make crypto more appealing, maintaining a diversified portfolio that aligns with your risk tolerance remains a sound strategy. Long-Term View: Short-term market reactions can be unpredictable. Focus on the long-term fundamentals of the crypto projects you invest in. The Bank of England’s rate cut is a significant economic event. While its direct impact on the crypto market can be complex and multi-faceted, it certainly adds another layer to the economic backdrop against which digital assets operate. Understanding these shifts helps you make more informed decisions. Frequently Asked Questions (FAQs) Q1: What is a basis point (bps)? A basis point (bps) is a common unit of measure in finance, equal to one-hundredth of a percentage point. So, 25 bps is 0.25%. Q2: Why did the Bank of England cut interest rates? The Bank of England likely cut rates to stimulate economic growth by making borrowing cheaper for businesses and consumers, encouraging investment and spending, and potentially easing inflationary pressures. Q3: How do interest rate cuts typically affect traditional financial markets? Rate cuts generally make borrowing cheaper, which can boost stock markets (as company profits may increase) and make bonds less attractive (as their yields decrease). They can also weaken the domestic currency. Q4: Is this rate cut definitively good or bad for cryptocurrency? There’s no definitive answer. Lower rates can make traditional investments less appealing, potentially driving capital into riskier assets like crypto. However, crypto markets are influenced by many factors, and a rate cut alone doesn’t guarantee a positive or negative outcome. Q5: What should crypto investors consider after this announcement? Crypto investors should monitor global economic indicators, central bank policies, and how these broader trends might influence liquidity and risk appetite. Re-evaluating portfolio diversification and maintaining a long-term perspective are always wise. Did you find this analysis insightful? Share this article with your network to help others understand the potential implications of the Bank of England’s rate cut on the crypto market! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action . This post Bank of England Rate Cut: Crucial Implications for the Crypto Market first appeared on BitcoinWorld and is written by Editorial Team

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Breaking Pi Network (PI) News: Here’s the Latest Update

TL;DR Pi Network has integrated TransFi as a KYB-verified fiat on-ramp provider, allowing users in over 70 countries to buy and convert PI tokens using local payment methods. Recently, the team extended the .pi domain auction until the end of September, enabling Pioneers to personalize their wallets. More Options for PI Traders Pi News – an X account associated with the crypto project Pi Network – revealed that TransFi has officially completed its KYB (Know Your Business) process as a verified third‑party fiat on‑ramp partner. The fintech platform is integrated with the Pi Wallet, meaning people can now buy and convert PI tokens directly with local fiat currency. TransFi is a Lithuania-based fintech startup with operations spanning over 70 countries. It supports hundreds of payment methods, including fiat and crypto settlements. Pi Network disclosed the news on its official X account. It explained the initiative has become possible thanks to the integration of an Onramper on Pi Wallet: “a third-party, KYB-verified on-ramp aggregator that simplifies on-ramp services for Pioneers.” The team clarified that users can access the feature through the Pi Wallet, where they can choose from different services and utilize the one they prefer. “Note: the only KYB-verified on-ramp partners are Onramp .money, Transfi and Banxa,” the announcement reads. The Recent Reminder Earlier this week, the team behind the project reminded users that the .pi Domains Auction has been extended to the end of September, giving them more time to innovate, build, and bid for their applications. The domains will allow pioneers to personalize their PI wallets and interact within the ecosystem more easily. For example, instead of lengthy addresses containing numerous letters and numbers, people can use their names and the .pi ending to receive payments or conduct other operations. The concept behind these domains is similar to that of .eth (Ethereum Name Services) or .bnb (BSC Name Services). Extending previously set deadlines has become a signature move for Pi Network. Over the past few years, the team has prolonged the launch of its Open Network and many other key events. The latest extension of the auction sparked disapproval among certain members of the community. Some described Pi Network as a scam, whereas others lost complete trust in it. The post Breaking Pi Network (PI) News: Here’s the Latest Update appeared first on CryptoPotato .

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Unlucky Investor Sold Altcoins He Bought for Just $1,300 Early, Missing Out on $36 Million in Profit!

The cryptocurrency market is riddled with success stories and failures. While many investors multiply their money, others lose substantially or miss out on substantial profits. The latest example comes from an investor who missed out on a huge profit. For example, Leland King Fawcette, developer of the Solana (SOL)-based TROLL token, unknowingly missed out on $36 million in profits due to selling too early. Speaking to Decrypt, Fawcette purchased TROLL for around $1,300 in August 2024, only hours after selling it off at the same price. The token’s market cap was only $9,360 at the time, but TROLL experienced a massive jump of 174,948% in April 2025, reaching a peak of $166 million at the end of July. At this point, if Fawcette had not sold his TROLL tokens immediately and had held on to them for a few more, he would have made a staggering 2,769,131% return on his initial $1,300 investment. Stating that he did not regret selling his TROLL tokens early, Fawcette said: “I'll be honest, there's no harm in selling TROLL tokens early because I sold in August and TROLL started to rise in April. “I don't regret selling it because at the time, this token was just one of millions of meme tokens. And there was no indication that its value would rise that much.” Fawcette added that he created the TROLL token solely for experimental purposes and sold some of it to some social media influencers to promote. *This is not investment advice. Continue Reading: Unlucky Investor Sold Altcoins He Bought for Just $1,300 Early, Missing Out on $36 Million in Profit!

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