As more users report missing token balances after completing Know Your Customer verification processes and mainnet migration, Pi Network has come under fire from its community. The backlash erupted after Pi Network ( PI ) issued new wallet security guidelines, urging users to protect their seed phrases. Rather than easing concerns, the update sparked renewed outrage. Many users, who claim they followed every instruction from the Pi Core Team, say their wallets still show zero balance. Several posts on X highlight blank wallets, prompting allegations of technical failure and even accusations of a scam. One particularly vocal user, Haifeng Chen, summed up the mood in a heated reply to a post by Pi Network, stating; “Give me back that damn Pi. I’ve worked hard for six years. You still haven’t mapped it. What’s the delay?” His frustration was echoed by others who reported repeated delays and a lack of transparency from the team. For some, the issue is made worse by the appearance of multiple wallet addresses under a single account, adding to the confusion and raising doubts about the reliability of the migration system. Pi Network recently released security guidelines for Pi Wallet, sparking dissatisfaction among Pi Coin holders who are unable to see their tokens in their accounts. Despite adhering to all previous transfer instructions provided by the core team, users express their inability to… — clark.ron | $CAG @ 🇵🇭 (@clarkron_2008) June 9, 2025 You might also like: Will the Pi Network coin price rise or fall in June? Although the Pi Core Team has emphasized ongoing efforts to resolve these issues, their latest communications have done little to reassure the community. Users continue to demand clear explanations, faster resolution timelines, and immediate access to the tokens they believe they’ve rightfully earned. The continuous lack of visibility regarding the migration status has seriously eroded trust, and many users are now anticipating a rumored Phase 2 update that may finally address the KYC delays and wallet balance discrepancies. However, the absence of a precise timeline has left the community in a state of uncertainty. Pi is down 1.5% over the last day, trading at $0.6286 as of press time. From a technical perspective, the outlook remains fragile . On the daily chart, Pi is consolidating below major moving averages, with the 20-day simple moving average acting as resistance at $0.70. Pi Network price analysis. Credit: crypto.news The relative strength index at 40, indicating a lack of significant momentum. The overall setup shows indecision, even though indicators such as the stochastic RSI point to the possibility of a bounce. The risk of a further decline toward the $0.55 support zone remains if Pi is unable to break above the $0.70 level and maintain buying support. The community’s patience may continue to wear thin until the core team addresses the migration issues head-on and restores confidence, Read more: Avoid Pi Network and buy these deflationary altcoins instead
Ripple has announced a strategic partnership with Web3 Salon to accelerate the growth of Japan’s digital asset ecosystem through targeted funding and support for XRPL startups. This collaboration aims to
BitcoinWorld MEXC Unveils New Launchpad Featuring BTC to Kick Off BTC Trading Month VICTORIA , Seychelles , June 9, 2025 /PRNewswire/ — In a bold move to restore fairness in early-stage token investing, MEXC , a leading global cryptocurrency exchange, has officially launched its new Launchpad. The platform is designed to offer users fair and transparent access to high-quality tokens. By removing barriers to entry and offering discounted subscriptions to premium assets, it gives equal opportunity to all users, regardless of account status, trading volume, or social influence. The first subscription event under this new model will feature Bitcoin (BTC), marking a high-trust starting point and kicking off its BTC Trading Month. While many launchpads promise community access, most have evolved into tiered, opaque systems where venture capitalists, influencers, and VIPs secure favorable allocations — leaving regular users with scraps. MEXC’s new launchpad model challenges this status quo by removing lotteries, VIP tiers, and preferential pools. Instead, it introduces a fully transparent, contribution-based allocation mechanism that puts retail users and large investors on equal footing. “The spirit of launchpads has been lost in recent years,” said Tracy Jin , COO of MEXC. “We’re bringing it back — by making early-stage investing truly community-first again.” Participation in the MEXC Launchpad is open to everyone . Users can directly subscribe to project offerings using USDT or other designated tokens. Allocations are distributed on a purely proportional basis, with simple tasks, point farming, or influencer-driven campaigns involved. There are two primary models available: full subscription, where tokens are allocated directly based on the invested amount, and oversubscription, where allocations are shared proportionally among participants when demand exceeds supply. Building on this structure, participants will also be able to subscribe to tokens at discounted rates below the expected market price, increasing their potential upside. MEXC Launchpad is not limited to early-stage projects; it will also provide access to premium, well-established tokens with strong fundamentals and market appeal. The first subscription event under this new model will feature Bitcoin (BTC), marking a high-trust starting point. The subscription period will run from June 6 to June 20 and includes exclusive offers tailored to different user segments. New users will be able to purchase BTC at a discount of up to 90%, with individual allocations ranging from 5 to 55 USDT, and a total pool capped at 4 BTC. Existing users will receive a 20% discount, with allocation limits set between 25 and 250 USD1 , and a total cap of 3 BTC. To further encourage participation, a referral rewards program offers 5 USDT for each new user referred, up to a maximum of 100 USDT per participant. MEXC Launchpad will focus on selecting high-quality projects, particularly in trending and high-growth sectors such as Real World Assets, AI, and the TON ecosystem. Each project is evaluated in collaboration with MEXC Ventures, which provides further support and funding to help innovative ideas scale. Most significantly, no venture capital or KOL pools exist within MEXC Launchpad. All allocations happen on-chain, using a transparent algorithm based solely on each user’s actual contribution. This removes the structural favoritism that has plagued traditional launchpads. “We believe innovation should be accessible to everyone,” MEXC’s Jin said. “You shouldn’t have to be a whale, influencer, or VC to get early access to good projects. Our goal is to level the playing field and empower all users to access high-quality projects at favorable terms. With the new Launchpad, we’re making it easier for real users to engage with real innovation, without the usual barriers or preferential treatment.” As the crypto market continues to heat up, MEXC Launchpad offers something rare: a chance for everyday users to participate in the next wave of innovation, without being pushed aside by insiders. About MEXC Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website ｜ X ｜ Telegram ｜ How to Sign Up on MEXC This post MEXC Unveils New Launchpad Featuring BTC to Kick Off BTC Trading Month first appeared on BitcoinWorld and is written by chainwire
XRP shows signs of recovery with a 3.8% price increase, yet declining on-chain activity signals potential hurdles ahead for the cryptocurrency. Trading volume and futures activity have surged significantly, reflecting
XRP is recovering from recent lows but weakening XRP Ledger metrics may indicate further challenges. Trading at $2.25 as of press time, XRP ( XRP ) is up 3.8% over the last day. The price is near the upper end of its weekly range between $2.09 and $2.29. With 24-hour volume reaching $2.65 billion, trading volume is up almost 180% from the day before, reflecting growing trader interest. Rising volume alongside price gains often hints at stronger conviction among market participants. Coinglass data also reveals a spike in derivatives activity. XRP’s futures volume has increased 201.98% to $4.82 billion, while open interest has increased 11.48% to $4.09 billion. This can support short-term price movements in either direction since it indicates that more traders are opening positions and placing bets on ongoing volatility. However, not all signals are positive. According to data from XRP scan, on-chain activity is slipping, raising concerns about the sustainability of this rally. By June 8, there were only about 600,000 payments between accounts, down from almost 900,000 at the beginning of the month. Likewise, the number of transactions has decreased from roughly 1.5 million at the start of June to just over 1.1 million in the last few days. XRP transaction count. Credit: XRPScan You might also like: XRP price prediction in June 2025 – the constant range is close to a breakout above? The number of active addresses has also declined, now sitting below 20,000. These metrics often show user engagement and utility on the XRP Ledger, and their decline may indicate that network demand is waning despite the price increase. From a technical perspective, XRP has been able to maintain its position above a crucial support level close to $2.08. After recently recovering from this area, the price is now pressing against the middle band of the Bollinger Bands near $2.25. A break above this level could open the way toward the upper band at $2.42. XRP price analysis. Credit: crypto.news Although it is trending upward after recovering from oversold levels, the relative strength index is still neutral near 50. If momentum builds, bulls could target a move back to the $2.60–$2.65 resistance area seen in late May. However, if $2.25 is not broken, a retest of $2.08 may occur, and a breakdown there might reveal the $2.05–$2.00 range. Until on-chain metrics reverse course, price gains may remain fragile even as short-term momentum builds. Read more: Red alert: XRP price bearish pattern points to a 50% crash
Michael Saylor, Executive Chairman of MicroStrategy, recently addressed the emerging concerns surrounding quantum computing and its potential impact on Bitcoin’s cryptographic security at the MIT Bitcoin Expo 2025. He emphasized
The post Veteran Crypto Expert Explains When Altcoin Season Will Finally Arrive appeared first on Coinpedia Fintech News With Bitcoin, the biggest cryptocurrency, recently hitting an all-time high of $111,980 and taking over 64.64% of the market, many in the crypto community are starting to wonder: When will the altcoin season finally arrive? Meanwhile, Veteran Crypto expert Michael van de Poppe explained why he thinks the altcoins season is about to start soon. Altcoins Have Been Slow for Years Michael says that altcoins have not been doing well since late 2021. He remembers that the last big altcoin season was in 2017, when almost every altcoin was going up fast. In 2021, older altcoins didn’t do as well as newer tokens. In 2024, most of the hype was about memecoins, not the usual altcoins. He also points out that in the past four years, Bitcoin went as high as $65,000, and during that time, around 95% of altcoin gains were already done. But after that, altcoins kept falling, and many people stopped caring about them. Global Factors Holding Back Altcoins Van de Poppe believes this cycle is different. He says that altcoins are underperforming because we’re still in a “Bitcoin season,” and people are afraid to take risks. When #Altseason ? One of the most asked questions, as people are looking to make a large return, willing to bet everything on it. Altseason hasn't come for a long time, the question is: when will this start to appear? I think we're not too far off, and it's all about… pic.twitter.com/8GtMzDD0Zt — Michaël van de Poppe (@CryptoMichNL) June 8, 2025 Meanwhile, Central banks are changing their economic policies, and many fear a recession. And the real progress is happening in DeFi and other parts of the crypto world. Gold is even hitting a new all-time high, which might make people feel safer about investing again. Even the Chinese Renminbi is doing better than the Dollar, which often helps Ethereum do better than Bitcoin. Altcoin Season: When Will It Start? Michael shares that people are eagerly waiting for altcoin season, asking, “When will it start?” He says there are two types of people right now, some think the market is still in a bear phase, while others believe the next big rise is just beginning. He feels that now is a good time to pick up altcoins. Many of them are priced low and have strong teams. Michael says this is the chance to buy them quietly, before the rest of the world catches on.
TRX rallies as user activity surges, but DeFi trading signals mixed sentiment in the market.
In a market often shaped by fleeting hype, few projects succeed in building long-lasting value. BlockDAG is taking a different route. Its mobile-first mining approach is gaining real traction, as the X1 app now has over 1.5 million global users. This level of early adoption sets BlockDAG apart from many others, suggesting it may be one of the few projects prioritizing infrastructure before hype. The X1 app stands out by removing entry barriers. Users mine BDAG coins directly on their smartphones with no battery drain or expensive setups. A referral-based structure and daily engagement model have driven strong viral growth. With millions already participating before full platform launch, BlockDAG (BDAG) is showing that product adoption, not just narrative, still matters in crypto. SHIB Price Declines as Utility Concerns Persist While BlockDAG is scaling up, Shiba Inu (SHIB) is showing signs of fatigue. In the past 24 hours, SHIB has dropped by over 6%, continuing a wider correction trend. Data from Crypto Times attributes the slide to recent profit-taking activity, with larger wallets exiting positions after prior price gains. Despite SHIB’s large following and strong brand, its lack of updated functionality is beginning to show. No new features or integrations have been announced recently, raising questions about the project’s future role. As the market shifts toward real-world applications, SHIB’s meme-centered model may face limitations in maintaining relevance. BNB Shows Strength but Faces Slower Growth Outlook Binance Coin (BNB) has managed to hold its ground. At around $669, it remains steady following recent developments, including a court ruling that dismissed several SEC charges tied to Binance. Additionally, a successful hard fork has improved its network performance, helping reinforce user confidence. Even with these gains, BNB’s long-term potential still depends on the broader strength of the Binance ecosystem. With growing competition from other Layer-1 chains and constant regulatory focus, BNB may offer reliability but could deliver less upside compared to projects with newer, rapidly expanding user bases. For many in the market, BNB appears as a stable choice, though not necessarily the most aggressive path to higher returns. What Separates BlockDAG’s X1 App from the Crowd The appeal of BlockDAG’s X1 app lies in how it blends usability with consistent engagement. It’s only 50MB, needs no high-performance device, and gives users a daily mining task through simple tapping. Referral bonuses and engagement rewards help create ongoing involvement and rapid community expansion. This ease of access brings new users into crypto without requiring deep technical knowledge. BlockDAG’s mobile focus helps extend its reach, especially in regions where mobile-first access is the norm. And instead of speculation, users actively earn and interact, deepening their role in the broader ecosystem before launch. The roadmap includes more than just mining. The team plans to introduce low-code tools, expand community features, and integrate Web3 capabilities. With presale numbers nearing $290 million, market participants are clearly backing the strategy. More than just financial commitment, it’s the scale of user participation that positions BlockDAG for a successful public entry. With 1.5 million people already using the X1 app, BlockDAG is preparing to go live with one of the largest pre-launch user bases ever seen in crypto. This kind of adoption has two key implications. First, when BlockDAG enters the public market, it is likely to generate strong trading activity, driven by users who already hold BDAG and are ready to transact. Second, it builds momentum for further integrations and ecosystem features, all supported by a network effect already in motion. A functional community often outweighs the code behind a platform. BlockDAG has built this community before the exchange listing, which is something most projects struggle to do. The X1 app’s rapid growth is not a coincidence. It reflects a strategy centered on user engagement, long before trading begins. Few presale-stage platforms have this kind of operational foundation, and it’s this structure that gives BlockDAG a stronger long-term outlook compared to other projects still focused on pre-launch promises. With the BDAG presale price locked at $0.0018 and funding already over $289 million, BlockDAG is transitioning from a concept to a practical use case for mobile crypto adoption. Key Insights In a market still filled with short-term swings and speculative models, BlockDAG is working on building real infrastructure. Its X1 app now serves over 1.5 million users, demonstrating practical demand for a product well before its token hits exchanges. As SHIB declines and BNB levels out, BlockDAG is continuing to expand. It’s not chasing quick listings but building an environment where access, function, and growth align. From mobile accessibility and technical scalability to early user participation, BlockDAG is covering all the fundamentals. If future value in crypto depends on actual adoption, BlockDAG is clearly well-positioned. While others talk about readiness, BlockDAG may already be there, bringing over 1.5 million people with it. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG’s X1 App Surpasses 1.5M Users, Challenging SHIB & BNB in the Long-Term Crypto Race appeared first on TheCoinrise.com .
Galaxy Digital has recently acquired an additional 501 BTC from Jump, marking a significant transaction valued at approximately $53 million. This transfer, recorded just two hours ago according to The