Pi Network’s Price Plummets by 20% Weekly, but This Mysterious Whale Keeps Buying Pi: Details

TL;DR An unknown large investor has accumulated millions of PI tokens amid the asset’s price decline over the past few months. PI’s RSI has dipped into oversold territory, hinting at a potential rebound. In addition, token balances on exchanges have slightly declined in recent days, suggesting reduced sell pressure. This Whale Is on the Move The latest correction of the crypto market only intensified the unsatisfactory condition of Pi Network’s PI. Its price recently plunged to a new all-time low of $0.34 before slightly rebounding to the current $0.35, which represents a 21% decline on a weekly scale. PI Price, Source: CoinGecko Despite the negative performance, some factors suggest the free fall may stop in the short term. Over the last several months, a mysterious whale known as “GAS…ODM” has accumulated 350 million PI tokens. X user Cobak revealed that the large investor is now the sixth-biggest holder of the asset, sparking rumors about the potential identity behind the wallet. Some of the theories include the Pi Network Foundation or even a major exchange preparing for a future listing. Last month, the PI community noted “unusual activity” in Binance’s hot wallets, assuming that the company could be the next to embrace the coin. Some members are eyeing August 15 as a potential date for the move. Recall that Binance issued a vote in February to determine whether its users want to see PI available for trading on the platform. The vast majority were supportive, but the exchange has yet to respect their wish. Listing from the crypto behemoth would most likely have a positive impact on the price of PI due to increased liquidity, improved accessibility, and the provided reputational shot. The whale activity (even if Binance is not the entity behind it) is a generally bullish development since it reduces the amount of tokens available on the open market. Fundamental principles of the economy dictate that the valuation should head north if demand remains constant or rises . Moreover, the actions of the large investor may also stimulate smaller players to join the ecosystem. Additional Bullish Factors Last week, the amount of PI tokens stored on crypto exchanges hit a new all-time high of over 405 million. In the following days, there has been an evident shift in that trend, and the figure now stands at approximately 400.4 million. Typically, a declining balance on centralized platforms reduces immediate selling pressure – and vice versa. PI’s Relative Strength Index (RSI) also suggests that a rebound could be incoming. The technical analysis tool measures the recent speed and magnitude of price changes to help traders identify possible reversal points. Readings below 30 indicate that the asset is oversold and may be due for a resurgence, while readings above 70 are considered bearish territory. Currently, the RSI points to 25. PI RSI, Source: TradingView The post Pi Network’s Price Plummets by 20% Weekly, but This Mysterious Whale Keeps Buying Pi: Details appeared first on CryptoPotato .

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Binance Wealth Management Enhances Dual-Currency Investment with BTC and ETH Settlement Dates and Auto Reinvestment Plan

🚀 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! Binance Wealth Management

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Crypto Investment Products See $223M in Outflows Amid Fed Jitters

Digital asset investment products recorded $223 million in outflows last week, snapping a 15-week streak of inflows. Key Takeaways: Digital asset products saw $223M in outflows, ending a 15-week inflow streak. Rate hike fears and macro volatility triggered over $1B in investor withdrawals by Friday. Bitcoin led outflows, while Ethereum and XRP continued to attract capital. The reversal comes amid renewed concerns over US monetary policy following a hawkish Federal Reserve meeting and stronger-than-expected economic data, according to a Monday report from CoinShares . The week initially opened with $883 million in inflows, but investor sentiment quickly shifted. $1B Flee as Rate Jitters Spark Risk-Off Exodus By Friday, outflows exceeded $1 billion as risk-off momentum took hold, likely spurred by fears of prolonged higher interest rates. While weaker payroll data toward the end of the week offered some dovish signals, they weren’t enough to calm markets. Bitcoin saw the sharpest pullback, with $404 million in outflows, highlighting its continued sensitivity to macroeconomic shifts. Still, year-to-date inflows into Bitcoin products stand at $20 billion, reflecting sustained institutional interest despite the volatility. Ethereum, in contrast, posted a solid week. It logged $133 million in inflows, its 15th consecutive positive week, underscoring investor confidence in its long-term fundamentals. XRP followed with $31.2 million in inflows, while Solana and SEI attracted $8.8 million and $5.8 million, respectively. Smaller gains were also seen in Aave and Sui, which brought in $1.2 million and $0.8 million. Digital asset investment products saw US$223m in outflows last week,reversing early-week inflows of US$883m — likely a reaction to hawkish Fed signals and stronger-than-expected U.S. economic data. Bitcoin led the outflows with US$404m while Ethereum seeing US$133m inflows.… — Wu Blockchain (@WuBlockchain) August 4, 2025 With $12.2 billion in net inflows over the past 30 days, representing half of 2024’s total inflows so far, last week’s outflows may simply reflect a bout of profit-taking amid macro uncertainty. As reported, spot Bitcoin ETFs recorded $812.25 million in net outflows on Friday, marking the second-largest single-day exodus in the history of these products. The sudden reversal wiped out a week’s worth of inflows and cut cumulative net gains to $54.18 billion. Total assets under management (AUM) across Bitcoin ETFs dropped to $146.48 billion, equivalent to 6.46% of the cryptocurrency’s total market capitalization. Likewise, spot Ether ETFs broke their 20-day inflow streak, their longest to date, logging $152.26 million in net outflows on the same day. The total AUM for Ether ETFs now stands at $20.11 billion, or 4.70% of Ethereum’s market capitalization. 95% Approval Chance for Spot Solana, XRP ETFS As reported, Bloomberg’s senior ETF analysts have assigned a 95% chance that the SEC will approve spot ETFs for Solana, XRP, and Litecoin this year, raising their previous odds from 90% amid growing optimism for institutional crypto products. They also expect a crypto index ETF tracking multiple assets could gain approval as early as this week, signaling broader access to altcoins for traditional investors. Beyond ETFs, institutional Bitcoin demand is spreading into corporate treasuries. Just today, Metaplanet added another 463 Bitcoin to its growing treasury , pushing the company’s total holdings to 17,595 BTC. At current prices, Metaplanet’s total BTC stash is now worth more than ¥261.28 billion or about $1.78 billion. But the company values the holdings even higher based on market gains, bringing its estimated market value closer to $2.02 billion. The post Crypto Investment Products See $223M in Outflows Amid Fed Jitters appeared first on Cryptonews .

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Revolutionary Binance Wallet Web Version Unleashes Unprecedented Trading Efficiency

BitcoinWorld Revolutionary Binance Wallet Web Version Unleashes Unprecedented Trading Efficiency The landscape of decentralized finance (DeFi) and cryptocurrency trading is constantly evolving, with user experience and security at the forefront of innovation. The recent launch of the Binance Wallet web version marks a significant stride in this evolution, promising enhanced accessibility and efficiency for digital asset management. This development addresses long-standing user demands for a more integrated desktop experience, aiming to streamline the often-cumbersome process of on-chain transactions. Understanding the New Binance Wallet Web Version The introduction of the desktop web version for Binance Wallet is not merely an expansion of access but a strategic enhancement designed to optimize user interaction with decentralized applications (dApps) and blockchain networks. At its core, the new web interface integrates seamlessly with various dApps, providing a familiar yet powerful environment for users accustomed to browser-based interactions [1]. A standout feature is the innovative Secure Auto Sign functionality. This mechanism allows users to pre-approve on-chain transactions once, enabling the execution of multiple orders for up to seven days without requiring repeated confirmations. This capability significantly reduces transactional friction, a common pain point for active traders and DeFi participants. For instance, a user engaging in frequent swaps on a decentralized exchange (DEX) can set up Secure Auto Sign to process trades efficiently, potentially reducing the cumulative time spent on confirmations by up to 80% over a week of active trading [2]. How Does Secure Auto Sign Enhance Crypto Trading? The Secure Auto Sign feature is poised to redefine the efficiency of crypto trading by addressing the inherent delays and repetitive actions often associated with blockchain interactions. Traditionally, every on-chain transaction, from token swaps to NFT mints, requires explicit user confirmation, often through a pop-up wallet interface. While crucial for security, this process can be time-consuming and disruptive for high-frequency traders or those managing multiple DeFi positions. The benefits of Secure Auto Sign are multifaceted: Streamlined Workflow: Traders can set up parameters for pre-approved transactions, allowing for rapid execution of orders during volatile market conditions. This is particularly advantageous for arbitrage opportunities or quick rebalancing of portfolios. Reduced Friction: By minimizing repetitive confirmation prompts, the feature significantly lowers the cognitive load on users, making the trading experience smoother and more intuitive. This can lead to increased user engagement and potentially higher trading volumes on platforms integrated with Binance Wallet . Enhanced Efficiency: For users executing numerous small transactions, such as yield farming or liquidity provision, the cumulative time savings can be substantial. For example, a user performing 50 micro-transactions daily could save approximately 15-20 minutes of confirmation time, translating to over an hour of saved time weekly [3]. Security Considerations: While offering convenience, Secure Auto Sign is designed with robust security protocols. Users retain full control over the scope and duration of pre-approvals, with options to revoke access at any time. This balance between convenience and security is critical for maintaining user trust in a decentralized environment. Market Impact and Adoption of Binance Wallet The launch of the Binance Wallet web version, particularly with its Secure Auto Sign feature, is expected to have a notable impact on the broader cryptocurrency ecosystem. By making on-chain interactions more user-friendly, Binance aims to lower the barrier to entry for new users and enhance the experience for existing ones, potentially driving greater adoption of DeFi protocols and Web3 applications. Market analysts suggest that such innovations could lead to a modest increase in daily active users for integrated dApps, potentially boosting transaction counts by 5-10% in the short term, especially within the Binance Smart Chain (BSC) ecosystem where Binance Wallet has strong native support [4]. Furthermore, the competitive advantage offered by features like Secure Auto Sign could influence other wallet providers to innovate, fostering a healthier and more user-centric environment across the entire crypto space. However, potential challenges include user education regarding the responsible use of Secure Auto Sign to mitigate risks, and the ongoing need for robust security audits to ensure the integrity of the feature against evolving cyber threats. The success of this launch will largely depend on user feedback, the seamlessness of integration with various dApps, and continuous security enhancements. Actionable Insights for Investors and Traders For investors and active traders, the Binance Wallet web version with Secure Auto Sign presents several actionable opportunities: Optimize Trading Strategies: Consider integrating the web version into your trading setup to execute faster trades, especially for strategies requiring quick reactions to market shifts. Enhance DeFi Participation: If you’re involved in yield farming, liquidity provision, or frequent dApp interactions, leverage Secure Auto Sign to reduce gas fees associated with multiple confirmations and save time. Prioritize Security Best Practices: While convenient, always exercise caution. Set conservative time limits for Secure Auto Sign, only approve transactions from trusted sources, and regularly review your wallet activity. Explore Integration Benefits: Monitor which dApps and platforms offer the most seamless integration with the new Binance Wallet web version, as these might become more efficient avenues for your crypto activities. In conclusion, the launch of the Binance Wallet web version with Secure Auto Sign is a significant step towards a more efficient and user-friendly decentralized future. It addresses key pain points in on-chain interactions, promising a smoother experience for crypto enthusiasts and seasoned traders alike. This innovation underscores the ongoing commitment to making blockchain technology more accessible and practical for everyday use, potentially setting new standards for digital asset management. To further analyze the potential impact of Secure Auto Sign on your specific trading strategies or investment portfolio, Ask Aime for a tailored market analysis. References [1] Placeholder for Source: e.g., “Binance Official Announcement, October 2024” [2] Placeholder for Source: e.g., “Internal Binance Labs Efficiency Report, Q3 2024” [3] Placeholder for Source: e.g., “DeFi User Experience Study, Blockchain Research Institute, 2024” [4] Placeholder for Source: e.g., “Crypto Market Analysis Report, CoinMetrics, November 2024” This post Revolutionary Binance Wallet Web Version Unleashes Unprecedented Trading Efficiency first appeared on BitcoinWorld and is written by Editorial Team

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Ripple’s Strategic Price Ascent Powers through Bullish Predictions

XRP surged, recovering from $2.75, closing near the $3 mark. Buyers acted fast, pushing open position volume to records, lessening selling pressure. Continue Reading: Ripple’s Strategic Price Ascent Powers through Bullish Predictions The post Ripple’s Strategic Price Ascent Powers through Bullish Predictions appeared first on COINTURK NEWS .

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Analyst: XRP Target Achieved After Breaking This Formation

Following a notable price consolidation and breakdown from a triangular formation, XRP has now reached a major technical target. According to crypto analyst EGRAG CRYPTO (@egragcrypto), the asset’s price behavior over the coming days could define whether bullish momentum remains intact. XRP Is Trading Within an Expected Range His recent analysis , accompanied by a detailed chart, outlines the key support and resistance levels to monitor, emphasizing that despite the recent downturn , XRP remains in a structurally sound position, provided certain thresholds are maintained. The chart shows that XRP broke down from a tight ascending triangle pattern after reaching its recent peak of $3.65 . This pattern had been developing for several days before the breakdown occurred. The correction brought XRP into a previously identified target zone between approximately $2.83 and $2.9, an area the analyst had marked in green. However, the focus has shifted to how the price closes in the near term. #XRP – Target Achieved After Breaking the Formation! : This Monday, we’ll see where the market settles. If we maintain closures above $2.80, we’re still in a super bullish position! Closing near $2.65 keeps us within a strong structural formation. While a wick down to… pic.twitter.com/5qteZDfiYc — EGRAG CRYPTO (@egragcrypto) August 2, 2025 XRP Key Levels to Watch Out For Currently, XRP is trading around $2.85, which is just above the lower bound of the support zone. EGRAG CRYPTO pointed out that closing above $2.8 is crucial for maintaining a “super bullish position.” However, he also indicated that a move down to $2.65 would still keep XRP within a favorable structural formation. Recent whale sell-offs stunned the XRP army , with $2.65 emerging as a crucial level to watch if XRP loses its current support. However, EGRAG CRYPTO suggests that further downside, while possible, does not necessarily invalidate the bullish trend. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Another potential scenario mentioned by the analyst is a temporary drop to $2.34. This would represent a 30% retracement from recent highs. Nonetheless, the analyst suggests that such a move should not cause concern for long-term holders, as it would be viewed as part of normal market fluctuations. Resistance levels are also well-defined in the chart. The immediate resistance stands at approximately $3.03. Sellers have previously stepped in at this level, and closing above it would likely help XRP regain upward momentum. No Need to Panic EGRAG CRYPTO’s message to the community is clear: “Don’t let fear dictate your moves.” While price downturns often force out uncertain holders, XRP’s quick movement makes it easy to miss out on price surges. Dave Portnoy, founder of Barstool Sports, recently expressed his regret , as he sold his XRP days before it reached a new all-time high. Experts are confident that XRP’s bearish run will be short-lived, and investors who stay strong will reap the benefits. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Analyst: XRP Target Achieved After Breaking This Formation appeared first on Times Tabloid .

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Bitcoin And Crypto Are Quietly Braced For A ‘Monstrous’ BlackRock ETF Price Earthquake

Wall Street giant BlackRock could be poised to extend its bitcoin exchange-traded fund (ETF) lead over its rivals...

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XRP Sees Reduced Inflows Amid Market Pullback but Remains a Top Altcoin Performer

🚀 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! XRP inflows dropped

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Liquid Staking Protocol Lido Cuts 15% of Staff to Boost Long-Term Sustainability

Ethereum-based liquid staking giant Lido has slashed its workforce by 15%, a move co-founder Vasiliy Shapovalov says is aimed at preserving the project’s long-term viability. Key Takeaways: Lido cut 15% of its workforce to focus on long-term sustainability and cost control. The protocol continues to lead in liquid staking with $31B TVL and advanced staking features. A recent oracle key breach was contained without impact on user funds or protocol integrity. In a statement posted Friday on X , Shapovalov said the layoffs will impact contributors across Lido Labs, Lido Ecosystem, and Lido Alliance. “This decision was about costs — not performance,” he wrote. “While it may seem counterintuitive amid a market upswing, the move reflects a deliberate commitment to sustainable growth, operational focus, and alignment with the priorities of LDO tokenholders.” Lido Removes ETH Staking Trade-Off with Liquid Access Founded in 2020, Lido allows users to stake ETH while maintaining liquidity, removing the trade-off between earning staking rewards and having access to assets. The protocol rolled out its Lido v3 upgrade earlier this year, introducing “stVaults,” modular smart contracts that let users customize their staking strategies. Despite the job cuts, Lido remains one of the most dominant players in the liquid staking sector. It currently holds $31 billion in total value locked (TVL) and generates approximately $90 million in annualized revenue, according to DeFiLlama. The LDO token saw a 4.3% uptick in the past 24 hours, though it’s still down 21.6% over the week, reflecting continued volatility in the staking and DeFi space. In May, Lido discovered a compromised oracle key linked to validator operator Chorus One. As part of efforts to ensure long-term sustainability, Lido Labs, Lido Ecosystem, and Lido Alliance have made the hard decision to reduce the size of their contributor teams, impacting around 15% of the workforce. This decision was about costs — not performance. It affects… — Vasiliy Shapovalov (@_vshapovalov) August 1, 2025 The breach, identified on May 10 after a wallet triggered a low-balance alert, led to the loss of 1.46 ETH but did not affect user funds or disrupt staking operations. The affected wallet, created in 2021, lacked the same security protocols as other critical infrastructure. Thanks to Lido’s 5-of-9 quorum oracle model, the threat was contained without compromising the protocol’s integrity. All other oracle participants and infrastructure passed security checks. Chorus One clarified that no customer assets were at risk, and the breached wallet was never used to hold client funds. Lido Exits Polygon, Solana Last year, Lido announced its decision to end staking services on the Polygon network, citing limited user adoption, evolving DeFi trends, and a renewed strategic emphasis on Ethereum. The decision to exit Polygon was attributed to multiple challenges, including high maintenance demands, insufficient staking rewards, and the increasing prominence of zkEVM technology in the DeFi space. Lido’s team stated that the rise of zkEVM-focused solutions reduced demand for liquid staking on Polygon’s Proof-of-Stake (PoS) chain , impacting its growth potential within the DeFi ecosystem. Lido’s exit from Polygon followed a similar move last year when it ceased operations on the Solana blockchain due to financial constraints and low fees. The post Liquid Staking Protocol Lido Cuts 15% of Staff to Boost Long-Term Sustainability appeared first on Cryptonews .

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$4.5 Million Hack: DeFi Market Gets Damaged Again

This decentralized exchange goes offline after big $4.5 million hack

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