Pi Network price continued its downward trend on Monday following last week’s ecosystem news event. Pi Coin ( PI ) token plunged to a low of $0.7165, down by 57% from its highest level this month. It is also hovering near its lowest level since May 9. It has erased over $4.21 billion in value in the last few days as the market cap fell from $9.35 billion to the current $5.14 billion. Pi Network price has crashed as concerns about the coin rose. First, there are concerns that insiders have been selling tokens in their wallets. In an X post, Dr. Altcoin, a popular pundit on X, estimated that the team had dumped about 700 million coins in the past few months. Need evidence !? Five months ago, 5.4 billion Pi coins were transferred from the Pi Foundation 1 wallet to the Pi Foundation 3 wallet. Over the past four months, nearly 700 million Pi were transferred from the Pi Foundation 3 wallet to the Pi Foundation 2 wallet in batches… pic.twitter.com/VsjuoKT2cb — Dr Altcoin (@Dr_Picoin) May 19, 2025 Another data point on the PiScan site shows that the Pi Foundation withdrew 15.02 million Pi Coins in the last 24 hours. The wallet now has 25.28 million coins valued at over $18.1 million. You might also like: XRP futures debut on CME as Garlinghouse hails key ‘milestone’ Pi Network price also crashed as the Core Team was accused of running a rug pull scam earlier this month. Some analysts noted that the team sent an X post hinting at a major announcement during the Consensus event. That post triggered a short squeeze, which pushed the token up by over 200%. Some analysts noted that Pi Foundation used the rally to sell more coins. A key concern among investors and exchanges is that Pi Network is a highly centralized crypto project that is not audited. The Pi Foundation holds over 90 billion tokens, exposing the community to risk if something like a hack or a token dump happened. Worse, the Core Team has not revealed any details about the foundation’s membership. The centralization issue likely explains why tier-1 exchanges like Coinbase and Binance have not listed it three months after its launch. Further, there are concerns that Pi Network has become a ghost chain or a blockchain with no developers. While the Pi Network Venture s launch is a step in the right direction, analysts note that it could take over a year before funded projects launch in the mainnet. Pi Network price analysis Pi price chart | Source: crypto.news The eight-hour chart shows that the price of Pi Coin has been in a strong downtrend in the past few days. It has moved from a high of $1.6708 on May 12 to $0.7260. Pi has moved below the key support at $0.7902, the highest swing on April 5 and 12. It has dropped below the 50-day moving average and is forming a bearish pennant pattern, a popular continuation sign. Therefore, the coin will likely keep falling as sellers target the support at $0.5745, the lowest swing on April 29. You might also like: Cardano price has crashed, but a rare pattern, whale buying, points to a rebound
MicroStrategy and its executives have been named in a class-action lawsuit filed in the U.S. District Court for…
Bitcoin (BTC), Ethereum (ETH) and altcoins lost the upward momentum they had in recent days and turned downward. While this situation is temporary and new ATHs and the altcoin season are expected to begin in the following months, Coinshares published its weekly cryptocurrency report and said that there was an inflow of $ 785 million last week. “Inflows into cryptocurrency investment products reached $785 million last week, bringing the total to $7.5 billion since the beginning of the year, completely offsetting the outflows in February-March.” Big Breakout from Ethereum! When looking at individual crypto funds, it was seen that the majority of inflows were in Bitcoin. While BTC experienced an inflow of $557 million, positive sentiment returned to Ethereum (ETH) and an inflow of $204.9 million was experienced. When we look at other altcoins, SUI experienced an inflow of $9.3 million, XRP experienced an inflow of $4.9 million, while Solana (SOL) experienced an outflow of $0.9 million. “Bitcoin attracted $557 million in inflows, down from the previous week, likely due to continued hawkish signals from the US Fed. Ethereum was the standout performer with inflows of $205 million last week and $575 million YTD. Conversely, Solana was the only altcoin to record outflows of $0.89 million.” When looking at regional fund inflows and outflows, the USA ranked first with an inflow of 681 million dollars. After the USA, Germany had an inflow of $86.3 million and Hong Kong had an inflow of $24.2 million. Against these inflows, Sweden had an outflow of $16.3 million and Canada had an outflow of $13.5 million. *This is not investment advice. Continue Reading: Is This Altcoin the New Favorite of Institutional Investors After Bitcoin? They've Been Buying for Weeks!
Chainlink’s CCIP is now live on Solana, enabling cross-chain transfers between Solana and major blockchains like Ethereum and BNB Chain. Chainlink’s Cross-Chain Protocol Goes Live on Solana Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first deployment on a non-Ethereum Virtual Machine (EVM) blockchain via the v1.6 upgrade. The integration aims
Cardano’s 25% rally vanished in barely 10 days, and on Monday, the token was teetering at $0.72—one misstep could send it tumbling toward levels not seen since before last year’s rebound. If buyers can’t defend this support, Cardano ($ADA) risks falling further. The native token of the proof-of-stake blockchain has struggled to breach the $1.20 level for nearly three years, having last reached an all-time high of $3.10 in the summer of 2021. $ADA Struggling at $1: Why Cardano Hasn’t Reclaimed Its Former Glory Since its launch in September 2017 by Ethereum co-founder Charles Hoskinson, Cardano has maintained a strong position among the top 10 cryptocurrencies. It currently boasts a market capitalization exceeding $25 billion. However, $ADA’s inability to reclaim the $1.00 threshold, an area of psychological and technical importance for bulls, has raised concerns among traders about a potential slide into bearish territory. Despite this, popular crypto analyst Ali Martinez remains optimistic. He suggests that $ADA holding above the $0.72 level could trigger a rebound toward $0.92 in the near term. If the current structure on #Cardano $ADA is an ascending channel, holding above $0.72 could pave the way for an upswing toward $0.92. pic.twitter.com/vgNNfuudPd — Ali (@ali_charts) May 18, 2025 Another analysis by Bull Spot Bear points to $ADA’s lagging performance relative to the M2 Global Liquidity Index (global money supply), implying that the token could surge by more than 50% to around $1.80 if it aligns with macro liquidity trends. On-Chain Indicators Flash Green as Whales Accumulate Millions in $ADA On-chain data from Santiment further supports this bullish narrative. Recent whale activity shows that over 80 million $ADA were accumulated in a short span, following a previous 400 million ADA acquisition just two weeks prior. This accumulation by large holders suggests growing institutional or whale-level confidence. Trading volume has also seen an uptick. Despite $ADA’s 3.79% price drop in the past 24 hours, trading volume surged by over 54%, with more than $1.14 billion worth of $ADA changing hands, an encouraging sign of continued market engagement. Cardano Price Chart/ Source: CoinMarketCa p Futures market sentiment appears similarly bullish. Derivatives data from Coinglass shows positive funding rates for $ADA/$USDT, $ADA/$USDC, and $ADA/$USD trading pairs across major platforms such as Bybit, OKX, and Binance. A positive funding rate indicates that long traders are paying shorts, suggesting expectations of price increases. What’s Next for $ADA? Key Resistance and Support Levels to Watch $ADA is currently trading within a clearly defined ascending channel on the daily timeframe. After a strong rally that saw $ADA approach the $0.90 region, the token has entered a corrective phase, now pulling back to the lower boundary of the channel around $0.72. Cardano Price Analysis/ Source: TradingView This level coincides with dynamic trendline support, suggesting a potential rebound zone. The 16.22% upside projection from current levels targets the $0.85–$0.87 area, which sits just beneath a major resistance band spanning from $0.88 to $0.90. A successful breakout above that range would open the door to retest the higher resistance zone between $1.095 and $1.1499, which was last visited in March and remains a psychologically major level for bulls. The price structure also shows prior consolidation in the $0.58 to $0.66 range (highlighted in blue), which now acts as a solid demand zone should the channel support fail. If bulls can defend the lower channel and reclaim short-term momentum, $ADA could begin a fresh leg up, targeting $0.85 first and potentially $1.10. However, a confirmed breakdown below $0.70 would invalidate this bullish setup and may drag the price back into the previous consolidation zone. The post Cardano Teeters at $0.72 – Will Whales Ignite a 50% Rally or Crash? appeared first on Cryptonews .
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Cardano’s ADA cryptocurrency is currently facing significant volatility, with a recent price decline of 16% drawing attention to a resurfacing controversy. Cardano announced the ADA redemption audit will be undertaken
CIRCLE ( $USDC ) PURSUES IPO—BUT TALKS WITH COINBASE AND RIPPLE COULD MEAN A SALE, SOURCES SAY. $XRP #Ripple
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has once again made headlines, but this time it’s not just about price movements or technological advancements. One of the world’s largest asset management firms, BlackRock, has significantly expanded its ETH holdings, purchasing another $8.65 million worth of Ethereum on Coinbase. This strategic move was revealed by That Martini Guy (@MartiniGuyYT), a well-known cryptocurrency commentator on X. BULLISH BLACKROCK JUST BOUGHT ANOTHER $8.65M IN $ETH ON COINBASE pic.twitter.com/yTWz2hIal8 — That Martini Guy ₿ (@MartiniGuyYT) May 19, 2025 BlackRock’s Strategic Ethereum Accumulation This latest purchase marks yet another bold step by BlackRock in its ongoing accumulation of Ethereum. Known for managing trillions of dollars in assets, BlackRock’s increased exposure to Ethereum is not a random occurrence. Earlier this year, the investment giant acquired approximately 10,897 ETH, valued at around $19.65 million, also via Coinbase. This consistent pattern of buying signals a strong, calculated approach towards incorporating digital assets into its diversified portfolio. BlackRock’s decision to increase its Ethereum holdings follows a broader institutional trend of embracing cryptocurrencies. Unlike speculative retail traders, institutional investors like BlackRock often take long-term positions based on extensive research and market analysis. By gradually building up its ETH reserves, BlackRock is positioning itself to benefit from Ethereum’s growth as blockchain technology becomes more integrated into global finance. Why Is BlackRock Bullish on Ethereum? There are several reasons behind BlackRock’s apparent bullish stance on Ethereum. First, the blockchain’s ongoing transition to a more scalable and sustainable network with Ethereum 2.0 is highly promising. By shifting from Proof of Work (PoW) to Proof of Stake (PoS), Ethereum aims to enhance transaction speed and reduce energy consumption, addressing long-standing scalability issues. Additionally, Ethereum remains the backbone of decentralized finance (DeFi) and non-fungible tokens (NFTs), both of which have seen explosive growth in recent years. As the primary platform for smart contracts and decentralized applications (dApps), Ethereum is well-positioned to benefit from continued innovation in blockchain technology. BlackRock’s strategic acquisition could also reflect confidence in Ethereum’s long-term potential, especially as regulatory clarity improves. With the recent wave of institutional adoption and clearer guidelines from financial regulators, traditional investment firms are increasingly comfortable holding cryptocurrencies like ETH. Market Impact and Sentiment Shift Following BlackRock’s purchase, the market sentiment around Ethereum has turned noticeably bullish, despite recent market volatility. Historically, when a major institutional player like BlackRock makes a move into a particular asset, it can act as a catalyst for other large investors to follow suit. Such actions often lead to increased trading volumes and positive price movement, as seen in previous instances when BlackRock made similar acquisitions. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Currently, Ethereum is trading around $2,464, experiencing a slight decline of 4.14% from the previous close. However, the news of BlackRock’s purchase has injected renewed optimism among traders and long-term holders. The price reached an intraday high of $2,572.09 and a low of $2,367.74, indicating notable volatility. The Broader Implications for the Crypto Market BlackRock’s growing interest in Ethereum signals a broader acceptance of cryptocurrencies within traditional finance. As one of the world’s largest asset managers, BlackRock’s moves can influence the strategies of other institutional investors. If more firms follow its lead, Ethereum’s price and adoption could see sustained growth, even amid regulatory uncertainties. Furthermore, the acquisition highlights the evolving perception of cryptocurrencies from speculative assets to viable long-term investments. As Ethereum’s network continues to evolve and its ecosystem matures, institutional interest could solidify its position as a cornerstone of the digital economy. BlackRock’s recent purchase of $8.65 million worth of Ethereum on Coinbase is more than just a routine investment; it’s a strategic endorsement of the blockchain’s potential. As Ethereum continues to dominate the DeFi and NFT sectors, institutional confidence from major players like BlackRock reinforces the asset’s long-term value proposition. The move has undoubtedly stirred the crypto community, with many speculating that this is just the beginning of a more significant wave of institutional adoption. As the financial landscape evolves, Ethereum’s role in modern investment portfolios is likely to grow, supported by strategic moves like this one from BlackRock. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Big News for Ethereum: BlackRock Just Grabbed Another $8.65 Million In ETH On Coinbase appeared first on Times Tabloid .
Three cryptos have taken center stage in May 2025: BONK, Ondo Finance (ONDO), and FloppyPepe (FPPE) . Investors and traders are eager to know the month’s ultimate pick, as BONK and Ondo Finance (ONDO) continue to gain traction, while FloppyPepe’s (FPPE) potential dominance is becoming undeniable. Will FloppyPepe (FPPE) take the charge, or will one of its challengers take the lead? The market is watching, and the answer will shape the future of digital assets. FloppyPepe (FPPE): The Meme Coin Winning With Community Power FloppyPepe (FPPE) burst into the crypto world with a mission: to prove meme coins can go beyond hype to offering real-world utility. Its two flagship tools, FloppyAI and Meme-o-matic , are already making life easier for traders, content creators, and the community at large. FloppyAI uses advanced algorithms to analyze market sentiment in real time, enabling users to create new tokens tailored to emerging trends and for smarter decision-making. Meanwhile, Meme-o-matic automates meme creation via Telegram, instantly producing high-quality, shareable content that fuels community engagement without manual effort. Together, these tools make crypto trading and content creation simpler and more efficient, positioning FloppyPepe (FPPE) as a pioneering AI-powered meme coin with the love of the community at heart. This practical invention and strong engagement make FloppyPepe (FPPE) the favorite pick for May 2025, ahead of BONK and Ondo Finance (ONDO). FloppyPepe (FPPE) Didn’t Stop There, It’s Performing More Wonders The unique tokenomics dubbed “ Floppynomics ” is carefully programmed to reward investors while making a positive social impact. Every transaction incurs a 3% tax, evenly divided into 1% redistribution to holders, 1% token burn, and 1% charity donation. This deflationary mechanism helps reduce token supply over time, promoting price stability and rewarding long-term holders with a share of transaction fees. These features create a sustainable ecosystem that benefits both the community and social initiatives. Backed by a thorough SolidProof audit , FloppyPepe combines security with purposeful design, fueling its strong momentum and growing appeal in May 2025. BONK: The Calm Before a Potential Breakout BONK is back on the radar in May 2025, not for hype, but for the tension building beneath the surface. After days of consolidation at a strong support level, the BONK setup is flashing potential for an explosive move. Market watchers expect a sharp breakout , with projections of a 50 to 100% daily candle as momentum builds. With a loyal Solana-based community and growing liquidity, BONK volatility is beginning to attract serious speculative capital. As meme coins rotate back into focus, BONK structure suggests it’s coiling for a major upside push that could rapidly inflate its market cap. Ondo Finance (ONDO): The DeFi Primitive With Institutional Gravity Ondo Finance (ONDO) is one of May 2025’s standout picks, driven by a powerful mix of protocol fundamentals and technical momentum. Recent trading patterns show a well-supported bounce at a key range point, followed by sustained higher highs and higher lows, often a precursor to stronger trend formation. With a $2.9 billion market cap, over $280 million in daily volume, and listings on Binance and Coinbase, Ondo Finance (ONDO) deep liquidity is matched by growing technical confidence. Its real-world asset lending model positions Ondo Finance (ONDO) at the crossroads of DeFi utility and institutional relevance, two forces that are pushing it into the spotlight as the month unfolds. FloppyPepe (FPPE): The Hottest Pick In Town With The Goody Bags BONK is riding on explosive momentum, with analysts eyeing massive surges. Ondo Finance (ONDO) is building strength from solid fundamentals. But FloppyPepe (FPPE) stands out, merging AI utility, community power, and unmatched tokenomics. Its AI tools simplify crypto, while Floppynomics rewards holders and funds charity with every transaction. With an ongoing presale at a jaw-dropping low price of just $0.0000002 , FloppyPepe (FPPE) is handing early buyers the kind of opportunity rarely seen twice. What’s driving even more frenzy? A limited-time 80% bonus using the code FLOPPY80 , effectively multiplying investors’ allocation before the masses even catch on. This presale window is quickly becoming the golden entry point of May 202,5 and smart investors can’t afford to be left out of this golden dish! Join the FloppyPepe (FPPE) presale and community: Website | Whitepaper | Telegram | X (Twitter) Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .