The post Pi Network Faces Backlash as Users Struggle with Mainnet Migration appeared first on Coinpedia Fintech News Pi network, which became a viral sensation, suddenly saw a massive backlash from the community, where people are calling it another overhyped project. Pi Network users, known as Pioneers, are growing increasingly frustrated as they struggle to transfer their mined Pi Coins (PI) to the Mainnet ahead of the March 14 deadline. The whole process is a joke. ~80% of my balance shows as unverified although all of my security circle has completed KYC. No additional actions are listed to be taken in order to clear this up. Furthermore, nobody got back to me on a support ticket I opened weeks ago. What gives? — DigitalAddict (@DigitalAddict0) March 10, 2025 The network has set 8:00 AM UTC as the cutoff for completing Know Your Customer (KYC) verification and migration . Failure to meet the deadline could result in users losing most of their Pi holdings, except for coins mined in the past six months. While the Grace Period was introduced to give users more time, many are still facing unresolved technical issues preventing them from transferring their balances. Seeing the network downturn, Many crypto analysts have voiced their concerns on social media, demanding another extension until all technical glitches are fixed. Some users report that their balances remain unverified despite completing KYC and following the Mainnet checklist. Others have filed support tickets but claim they have received no response from the Pi Network team. Criticism is at the top, with users accusing the project of being unresponsive and raising doubts about its credibility. Pi Coin Faces Heavy Losses Amid Market Uncertainty As migration issues continue, Pi Coin has suffered a sharp decline, dropping 16.3% this week and currently trading at $1.40. In the past 24 hours alone, it has seen a 12.2% decline. Despite this downturn, some analysts remain optimistic , pointing to the upcoming Pi Day on March 14 as a potential catalyst for a price rebound. Adding to the pressure, Pi broke below key support at $1.43, confirming a bearish trend, with the 50-day EMA at $1.74 now acting as a major resistance. If the downtrend continues, Pi could test support at $1.20 or even $0.99. To reverse momentum, it must reclaim $1.74. With ongoing market volatility and no confirmation from Binance, investors remain cautious about Pi’s short-term outlook. Meanwhile, the long-anticipated Binance listing remains uncertain. Although the Pi community overwhelmingly voted—86% in favor—for the exchange to list Pi, Binance has yet to make an official announcement. This lack of clarity has fueled frustration among Pioneers, many of whom have taken to review platforms to express their dissatisfaction. Both Binance and Bybit have seen a flood of one-star ratings from angry users, with Bybit’s CEO previously labeling Pi Network a scam . 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On March 10th, during the exclusive Trump Crypto Summit, BTC Inc. CEO David Bailey made headlines by proposing a significant integration of cryptocurrency within U.S. policies. He highlighted that numerous
The U.S. Department of Housing and Urban Development (HUD) is considering the use of blockchain technology to enhance grant oversight, amidst skepticism and internal financial challenges. Despite the potential benefits
Many analysts and investors expected 2025 to be a mega bull year for Bitcoin and altcoins. However, BTC and altcoins have been on a downward trend since the beginning of 2025. At this point, while fears about tariff wars initiated by US President Donald Trump create selling pressure on BTC and cryptocurrencies, only 17 altcoins managed to outperform Bitcoin among the top 100 tokens on CoinMarketCap. According to CoinMarketCap data, only 17 coins have outperformed BTC in the last 90 days, roughly the beginning of 2025. Among these, BERA ranks first on the list with a 494% increase, followed by DEXE and IP. BTC, on the other hand, recorded a negative performance of -15% during the same period. The rise rates of altcoins that have outperformed Bitcoin in the last 90 days: “1-Berachain (BERA): +494% 2-DEXE: +76% 3- Story (IP): +74% 4- Bitget Token (BGB): +71% 5- TRUMP: +70% 6-Gate Token (GT): +65% 7- Mantra (OM): + 57% 8- Monero (XMR): +18%, 9-PAXG: +9.5% 10-XAUt: +8.9% 11-Hyperliquid (HYPE): +5.6% 12-UNUS SED LEO (LEO): +4.8% 13- Ripple (XRP): -1.7% 14-Tron (TRX): -11% 15-Kucoin Token (KCS): -11.6% 16-XDC Network (XDC): -13.8% 17-Litecoin (LTC): -%15.4” While BERA, DEXE, TRUMP, OM, PAXG, XRP, TRX, and LTC are listed on Binance, Story (IP), BGB, GT, XMR, XAUt, HYPE, LEO, KCS, and XDC are still unlisted. *This is not investment advice. Continue Reading: Only 17 Altcoins Have Outperformed Bitcoin Since the Beginning of 2025! Here's the Full List!
Bitcoin dropped sharply after President Donald Trump’s Strategic Bitcoin Reserve disappointed traders, who were unhappy that the reserve would only contain seized Bitcoin, with no intention of funding new purchases. The U.S. government has almost 200,000 BTC, worth $17.7 billion. But about half of these, almost 95,000, came from the Bitfinex hack and will have to be returned to victims or paid for. White House AI and Crypto Czar David Sacks revealed on X that “the Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Gear yourself with gamification where gaming meets innovation, e-sports champions rise, and industry leaders collide with top creators to shape the next evolution of interactive entertainment all under one roof at four different regions – Riyadh – June’2025 | Hongkong – Nov’2025| Abu Dhabi – Dec’2025| Las Vegas – Jan’2026 [10 March 2025] : Following the resounding success of past two editions , VAP Group in association with Times of Games is set to host the exclusive event on 23-24th June, 2025 in Riyadh, Saudi Arabia that will bring together global gamers and enthusiasts with 5,000+ attendees, 200+ speakers, 300+ companies, and 250+ media representatives all under one roof to spearhead the gaming revolution with the latest gaming trends, innovations and tool and equipments. Why Riyadh: Unveiling Saudi Arabia’s Gaming Potential that is creating significant strides in the gaming and digital entertainment sector as part of its Vision 2030 transformation. Saudi Gaming Industry has some notable developments that includes The Saudi E-sports Federation’s (SEF) fostering growth in the gaming ecosystem by collaborating with global gaming giants and hosting major events to shape the future of e-sports in the region. Additionally, The Kingdom has pledged substantial gaming investments to position itself as a leader in the gaming industry including support for local developers and partnerships with international gaming companies. Also NEOM: With its $1.5 trillion XVRS Metaverse platform, is all set to provide immersive digital experiences and an expansive space for the gaming community, encouraging investment and innovation in interactive entertainment. Past Event Success & Impact Over the years, the Global Games Show has played a pivotal role in creating iconic leaders in the gaming arena and partnered with international gaming companies . Here’s what our past event helped to achieve: Want to know more : Global Games Show Report What to Expect in 2025 : Interact with top creators, investors and gamers around the globe to create significant strides in the gaming and digital entertainment sector as part of its Vision 2030 transformation. Whether you’re an avid gamer, a tech leader, an investor or an entrepreneur looking to scale, this event is your gateway to the forefront of the gaming revolution. Next-Gen Gaming & E-sports Hub – Discover the latest innovations driving the gaming industry forward. A Platform for the Best in Gaming – Connect with developers, publishers, and creators. Industry Insights from the Best – Hear from 200+ top speakers shaping the future of gaming and e-sports. Unparalleled Networking – Build valuable connections with industry pioneers, gaming visionaries, and investors. Tech Meets Gaming – Experience cutting-edge developments in game tech, AI, Web3 gaming, and immersive entertainment . Join the Movement Today The NextGen of Gaming is getting ready! If Games excites you to learn more, do and channelise your gaming energy to innovate through technology then this is your time to join The Global Games Show 2025 that brings the world of gaming, esports & Web3 to you all at one stop. Don’t miss this opportunity to network, collaborate, and innovate with the leaders and visionaries defining the future of gaming. For media inquiries, sponsorship opportunities, or participation details, please contact: contact@globalgamesshow.com About VAP Group: A leading AI and Blockchain consulting giant driving AI and Web3 solutions over the past 13 years under the flagship events that are globally renowned under the brand of Global AI Show, Global Games Show and Global Blockchain Show. With a strong UAE, UK, India and Hongkong footprint, our expert team of 170+ professionals ensures our clients remain at the forefront of innovation. We drive innovation through Strategic PR and Marketing, Bounty Campaigns, and Global Events that showcase the brightest minds in the transformative fields of Web3, AI and Gaming. We also offer services in Advertising & Media and Staffing.
Uniswap L2 Unichain’s DEX volume has been the third-highest in the industry in the past 30 days, according to Nansen data.
Singapore Exchange Ltd. (SGX) is set to introduce bitcoin (BTC) perpetual futures in the second half of 2025, marking a significant step for the traditional exchange into the crypto derivatives market, according to a Bloomberg report . These contracts, designed for institutional clients and professional investors, will not be accessible to retail traders. SGX did not immediately respond to CoinDesk's request for comment. SGX's move aligns with a broader trend among traditional exchanges embracing cryptocurrency derivatives. Japan's Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, reflecting growing institutional interest in digital assets, particularly amid pro-crypto policies from the U.S. government. The planned bitcoin perpetual futures are pending approval from the Monetary Authority of Singapore. Unlike traditional futures, perpetual contracts have no expiration date, allowing traders to speculate on price movements continuously. SGX aims to provide a secure and regulated alternative for crypto trading, leveraging its Aa2 rating from Moody’s. This initiative could enhance institutional market participation in cryptocurrency while addressing credit risks associated with unregulated crypto exchanges like Binance and OKX.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk’s full AI Policy .
Dogecoin (DOGE) and Shiba Inu (SHIB), popular meme coins in the cryptocurrency market, are at a critical point, as the year unfolds. With their quick rise driven by strong community support and social media buzz, these altcoins have gained the attention of traders. But now, with changes in the market and more rivals showing up, people wonder how they’ll do in the coming year. To get a clearer picture, DeepSeek AI, a smart prediction tool, has looked into where DOGE and SHIB are headed. It gives us a peek at whether these dog-themed digital coins might have a tough time in 2025. DeepSeek AI Analyzes DOGE and SHIB’s History Dogecoin emerged in 2013 to poke fun at Bitcoin, while Shiba Inu came along in 2020 calling itself the “Dogecoin killer.” One common thing is that these two meme coins depend on community hype for them to be successful, rather than on real use case. Back in 2021 when they went viral, Dogecoin price reached an all-time high of $0.74 , while SHIB responded by reaching $0.00008. These big spikes happened because the coins went viral, with celebs like Elon Musk hyping them up. But by March 10, 2025, both coins seem to be struggling. DOGE is trading around $0.26 down from its late 2024 high, while Shiba Inu price is stuck below $0.00002 finding it hard to get back to where it once was. DeepSeek AI’s study suggests several challenges for 2025. First, the wider crypto market is growing up, with investors now preferring projects that have real-world applications over coins driven by internet jokes. Second new meme-based cryptocurrencies like Bonk (BONK) and Pepecoin (PEPE) are popping up, which could eat into the market share of DOGE and SHIB weakening their hold on the market. Third big-picture economic issues—like possible increases in interest rates or stricter rules—might cool down risky investments, a group that includes a lot of these internet joke-inspired coins. While DOGE’s community remains vocal, with the meme coin showing resilience and potential Dogecoin ETF discussions, DeepSeek cautions that without a significant catalyst, DOGE could see a decline to $0.17 or lower if market sentiment sours. SHIB, meanwhile, relies heavily on its token burn strategy to boost scarcity, but analysts question whether this will suffice to counter waning hype. DOGE AND SHIB 1-year growth chart A Mixed Outlook for 2025 DeepSeek AI’s projections for DOGE and SHIB in 2025 reflect cautious optimism tempered by realism. For Dogecoin, a bullish scenario hinges on renewed adoption—perhaps through merchant acceptance or a successful ETF filing—potentially pushing it toward $0.75 or even $1. However, absence of such developments, paints a bearish case seeing it languishing below $0.20. Shiba Inu faces a similar fork: its burn rate, which surged 2532.14% in early 2025 per , could drive prices to $0.000026-$0.000028 if momentum holds. However, some analysts suggests it it may struggle to break $0.00003 without broader market support. Both tokens remain vulnerable to volatility, with their fates tied more to sentiment than fundamentals—a precarious position as 2025 unfolds. DeepSeek AI Reveals Rexas Finance as a Promising Alternative Emerges With Dogecoin and Shiba Inu struggling in 2025, DeepSeek AI has come across a more promising alternative- Rexas Finance (RXS) . This is a high-potential cryptocurrency asset meant to transform the real-world asset (RWA) industry. With the last presale stage 90.81% filled, Rexas Finance’s presale has been successful, having raised $46,811,618 with 454,055,799 RXS tokens sold. Those with a preference for early-stage cryptocurrencies have the opportunity of having a share of the pie by taking advantage of the presale price of $0.20, expected to be launched at $0.25 on June 19, 2025. RXS has jumped over 560% in value since its first presale stage. Analysts estimate it could reach the $10 level in 2025, a further 5000% increase from its current price. This growth potential makes it one of the best new cryptocurrencies to invest in this year. Rexas Finance Tokenomics Unlike DOGE and SHIB, which mostly rely on community-driven hype, Rexas Finance provides a clear use case by allowing asset tokenization in conventional finance. This will enable people and businesses to digitize and sell actual assets like intellectual property and real estate on the blockchain, creating fresh wealth-generating possibilities. One of the most respectable blockchain security firms, Certik, has completely audited Rexas Finance, ensuring transparency and investor confidence. Its presence on major crypto data sites such as CoinMarketCap and CoinGecko has raised awareness and drawn even more attention from institutional and personal investors. Given its quick acceptance, creative use case, and strong investor backing, Rexas Finance (RXS) is poised to be among the best-performing cryptocurrencies in 2025. While Dogecoin and Shiba Inu encounter growing challenges, the RWA token has the foundations to explode over $10 and provide investors with life-changing gains. Conclusion: A Tale of Two Paths DeepSeek AI’s analysis paints a nuanced picture for DOGE and SHIB in 2025. While both retain loyal communities and the potential for short-term spikes—perhaps fueled by a tweet or market upswing—their long-term outlook remains clouded by reliance on hype and competition from newer tokens. Conversely, Rexas Finance emerges as a beacon of innovation, offering a fundamentally sound alternative with explosive growth potential. As the crypto market evolves, 2025 could indeed be a rough year for DOGE and SHIB unless they adapt, while RXS stands poised to redefine investor expectations with its real-world utility and robust fundamentals. For those navigating this uncertain terrain, diversification across these contrasting narratives may prove the wisest course. The post Will 2025 Be a Tough Year for DOGE and SHIB? DeepSeek AI Weighs In appeared first on CoinGape .