The post Pi Coin Price Prediction: Pi Network Faces Migration Issues, Drops 10% appeared first on Coinpedia Fintech News The Pi Network community recently celebrated Pi Day, marking the sixth anniversary of the project. Pi Network, a cryptocurrency that allows users to mine coins via their smartphones, has experienced significant price swings since its mainnet launch and subsequent exchange listings. After an initial spike to $2.10, the value of Pi Coin dropped to $1, causing a wave of speculation regarding a potential Binance listing. However, Binance has stated that there is no official confirmation of such a listing, leaving the claims unverified. Currently, Pi Coin is trading at $1.47, with the price hovering just below the $1.50 mark. The weekend could potentially see further downward pressure, but Pi has managed to stay above $1, maintaining a strong position amidst market uncertainty. There are expectations of a potential bull run, which could drive the coin’s value even higher in the near future. If Pi manages to close above the $1.50 mark, a continued rally could follow, potentially pushing the price to $2 or higher. With the broader market sentiment turning positive, Pi’s price could reverse in a favorable direction. Pi Network Faces Migration Issues, Coin Price Drops 10% Pi Network users who have completed their KYC (Know Your Customer) process are facing challenges transferring their Pi tokens. The issue, reportedly coming from the PI$PI team, has led to a 10% drop in the coin’s price over the past 24 hours. Despite this, the Pi Network’s economy continues to expand, with more businesses across China accepting Pi for real-world transactions, from restaurants to retail shops. This rapid growth in adoption is seen as a sign of increasing real-world utility for the Pi token and marks a significant step toward a decentralized economy.
The S&P 500 just exploded, adding $1.3 trillion to the U.S. stock market in a single session. The index jumped 2.13% to close at 5,638.94, which is its biggest one-day gain of the year. The Dow Jones Industrial Average spiked 674.62 points to end at 41,488.19, while the Nasdaq Composite surged 2.61%, closing at 17,754.09. After weeks of brutal losses, traders rushed back in, sending stocks flying. Tech stocks led the charge. Nvidia soared over 5%, Tesla jumped by nearly 4%, and Meta gained close to 3%. Amazon and Apple also rallied. The market snapped back after Thursday’s sharp sell-off, which had dragged the S&P 500 into correction territory—down by 10% from its record close just 16 days ago. The Nasdaq had already fallen into correction, and the Russell 2000 was inching toward a bear market, down nearly 20% from its peak. Stocks rally as tariff fears fade for now After three weeks of chaos driven by President Donald Trump’s trade policies, stocks finally caught a break. No new tariff headlines came out of the White House on Friday, giving traders a reason to buy back into beaten-down stocks. The market had been spiraling in uncertainty, with Trump’s back-and-forth on tariffs keeping investors on edge. Even with Friday’s rally, the Dow still ended the week down by 3.1%, its worst performance since March 2023. The S&P 500 and Nasdaq both lost more than 2%, logging their fourth straight weekly drop, according to data from CNBC. Adding to the market’s relief, Chuck Schumer said he wouldn’t block a Republican government funding bill, easing concerns about a potential shutdown. But fresh economic data wasn’t as optimistic. The University of Michigan reported that consumer confidence dropped to 57.9, far below the expected 63.2. Tariff uncertainty, inflation concerns, and stock market volatility have left consumers uneasy. Traders are questioning whether Friday’s bounce was just a dead cat bounce or if markets have finally found a bottom. Thomas Martin, a portfolio manager at Globalt Investments, isn’t convinced. “Consumer sentiment came in worse, inflation expectations are rising, the 10-year Treasury yield is rising. You would think that the market would be off. So a lot of folks are watching to see if this rally has any breadth or legs,” he said . Investors focus on the Federal Reserve’s next move The next big test for the market comes next week when the Federal Reserve holds its policy meeting. CME’s FedWatch Tool puts the odds of rates staying unchanged at 97%, but traders will be listening closely to Jerome Powell’s post-meeting comments for any hint of future moves. Martin warned that any rate hikes would shake investor confidence. “What we would like to see is rates not go up, because that would be an indication that the Fed is losing control. If the Fed says they’re cutting and rates go up, that’s a lack of confidence,” he said. Investors are also watching upcoming economic reports, including retail sales, housing starts, and industrial production. The market is on edge after airlines and retailers issued warnings about weakening consumer demand. Airline CEOs from American, Delta, and Southwest have all slashed their first-quarter forecasts, citing slowing travel. Kohl’s and Dick’s Sporting Goods also signaled that 2025 would be a rough year. The S&P 500 remains in a fragile state. Vishal Khanduja, who runs broad markets fixed income at Morgan Stanley Investment Management, doesn’t think stocks have hit bottom yet. “We don’t think that we’ve seen the bottom. Volatility will be high, so there could be a little bit more downside before there is clarity from the policy side,” he said. Nvidia’s GTC event and global markets add to uncertainty While the Federal Reserve and economic data will dominate headlines, tech investors are locked in on Nvidia’s GTC developer conference next week. Jensen Huang will take the stage to talk about AI and the company’s next-gen chips. Nvidia, which has been in a bear market after falling by more than 20% from its highs, could see a major move. According to Wells Fargo, Nvidia has historically outperformed the SOXX index by 6.5 percentage points during GTC week. Meanwhile, Germany is reacting to Trump’s policies. Friedrich Merz, the leader of the Conservative Party, has unveiled plans to change the country’s “debt brake” to boost military spending. The German 10-year bund yield has already climbed by 2.9%, up from 2.3% last month, showing that markets are preparing for fiscal policy changes from Trump. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
HodlX Guest Post Submit Your Post At the beginning of 2025, Donald Trump’s return to power led to a sharp revision of the government’s crypto policy and explosive market movements. The Trump administration declared a pro-crypto stance, from establishing a strategic Bitcoin reserve to softening the Securities and Exchange Commission (SEC) positions. However, instead of a prolonged rally, the Web 3.0 industry faced volatility and liquidity outflows. Why did the market drop despite expectations of support The key question is why the crypto market declined when many believed that a pro-Republican administration would drive growth instead. The effect of unmet expectations According to experts, the market had already priced in the ‘best-case scenario.’ When the anticipated multi-billion-dollar government Bitcoin purchases turned out to be mere verbal commitments with no actual buying, traders rushed to take profits. Essentially, the classic rule of ‘buy the rumor, sell the news’ played out. However, the government fund did not start purchasing BTC , removing a strong hypothetical growth driver and instead triggering a sell-off. Institutional investors used the rally to exit Large funds began selling BTC and ETH futures as early as February 2025, locking in profits from December 2024’s peaks. By March, this trend had intensified. The futures curve flipped into backwardation (futures prices falling below spot prices) – a typical signal of declining capital inflows. The broader macroeconomic landscape triggered the market decline Simultaneously, Trump launched a trade confrontation, announcing 25% tariffs on Mexican imports and 50% on Canadian imports starting in March. This sparked economic concerns – t reasury yields dropped, and the S&P 500 index retreated to post-election lows. Cryptocurrencies – as risk assets – also came under pressure, further intensified by news of a Bybit hack. Analysts note that macroeconomic factors were the primary driver of March’s price decline, overshadowing any positive sentiment from Trump’s actions. As a result, while the new president’s policies were officially more crypto-friendly, they did not immediately bring a liquidity influx. Instead, speculative excitement gave way to a correction phase. Which Web 3.0 projects were affected A hit to funds and liquidity The first weeks of March saw significant capital outflows from the crypto market , impacting funds, exchange-traded products and decentralized finance (DeFi). In the last week of February, investors withdrew a record $2.6 billion from US spot Bitcoin exchange-traded funds (ETFs) – the largest weekly outflow since their inception. This capital flight caused the total cryptocurrency market capitalization to shrink from approximately $3.7 trillion in December to $3.1 trillion by the end of February. The DeFi sector took a blow TVL (total value locked) in DeFi protocols declined by roughly $45 billion over the winter. The growth accumulated after Trump’s election – with TVL reaching $138 billion by December – completely evaporated. By March 10, TVL had fallen to $92.6 billion, returning to early November levels. Crypto hedge funds and arbitrage traders suffered losses Crypto hedge funds and arbitrage traders faced heavy losses as market structure changes disrupted their strategies. First, the popular ‘cash-and-carry’ arbitrage between futures and spot markets disappeared. Previously, funds profited from a positive basis by going long on spot BTC – including through ETFs – while shorting futures, earning returns higher than Treasury yields. However, as the market fell, futures prices dropped below spot prices, collapsing the basis and rendering this arbitrage unprofitable. Funds specializing in altcoins were also hit hard. In early March, an anomaly occurred – Bitcoin initially declined more than most altcoins, causing BTC dominance in total market capitalization to drop by five percentage points within a week. This temporary capital rotation into altcoins – as investors sought higher returns in less liquid assets before a major summit – could have severely impacted funds with poorly calibrated risk models. However, after the summit, altcoins crashed at an even faster rate, pushing BTC’s dominance back to approximately 61%. Investment outflows and capital flow shifts By March, it became clear – c rypto ecosystem capital flows had reversed. Institutional investors and funds were pulling out, falling prices triggered margin liquidations and arbitrage unwinding and retail investors were scared off by high volatility. All of this reduced available funding for Web 3.0 startups. Venture capital investments, already declining in 2024, fell even further in early 2025. Additionally, regulatory uncertainty remains high. While the SEC has eased its crackdown, no concrete new rules have been enacted yet. A stablecoin regulation bill is expected in August, raising concerns about potential strict oversight for DeFi and stablecoin-related projects. This creates a stressful environment for Web 3.0 businesses, requiring founders to take proactive steps to safeguard their projects. What should Web 3.0 founders do right now Given the current landscape, founders should plan for two phases – stabilization and growth. In the stabilization phase, the key priorities are preserving resources, maintaining the team, refining the product and satisfying existing users. Founders must avoid unnecessary risk. Now is not the time for speculative bets or reckless treasury management. Instead, focus on achievable short-term goals – delivering promised features, fixing issues and improving UX. This will help maintain and grow an active user base, attracting investors when they return. During the growth phase, as the market rebounds, scaling ahead of competitors will be crucial. This means having a well-prepared strategy for acquiring users and capital. For example, if you’re running a DeFi protocol, plan a liquidity mining program or partnerships with wallets to capture market share when fresh liquidity arrives. If you’re an infrastructure project, collaborate with corporations that may begin integrating blockchain in 2025 as regulations become clearer. Web 3.0 startups should start thinking like Web 2.0 businesses with a clear business model, strong value proposition and path to profitability. The projects that will thrive are those with real revenue, engaged users and fundamental utility. Founders should honestly evaluate their projects – i f the product doesn’t solve a real problem or lacks product-market fit, it may be time to pivot or merge with other teams before it’s too late. Conversely, if there’s a solid core, doubling down on execution will position the project as a leader when the next cycle begins. Conclusion The current crypto market correction – driven by both Trump’s policies and external factors – differs from past downturns due to the heightened role of institutional players and new structural dynamics such as ETFs and arbitrage. Bitcoin now reacts not just to retail demand but also to moves by major funds and governments, introducing new forms of volatility. However, fundamentally, the Web 3.0 industry is gaining something invaluable – political support at the highest level of the US government – even if driven by questionable motives. This lays the groundwork for long-term growth. Challenging months lie ahead, but the projects that navigate the storm will be at the forefront of the next bull run. Yaroslav Kalynychenko is the head of marketing at Generis Web3 Agency and an expert in promoting crypto, fintech and innovative digital solutions. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements 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 loses 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. Generated Image: DALLE3 The post Trump to the Rescue? Why the Market Crashed Despite the President’s Crypto Support appeared first on The Daily Hodl .
Ripple’s XRP has been one of the hottest cryptos in the market thanks to its impressive price performance, especially after US President Donald Trump’s reelection. Trading below $1 for most of 2024, XRP hits its stride days after the November elections, breaking the $1 level on November 6th, and the $2 barrier by December 2nd, then surging past $3.30 on January 18th. Now, Ripple is back in the news for moving 200 million XRPs valued at around $457 million. This massive transfer, often associated with “whale transactions,” caught the attention of many and has led many to speculate. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? Is The SEC-Ripple Case Nearing Its Settlement? The latest XRP transfer caught the attention of Whale Alert (@whale_alert) and was promptly re-circulated on the popular platform. Interestingly, Ripple regularly transfers XRPs, including its scheduled release of 1 billion XRP monthly from its escrow to sustain the token’s circulation. Although the majority of Ripple’s transactions are routine, this recent transaction gained some attention for its size and timing. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 200,000,000 #XRP (457,581,314 USD) transferred from #Ripple to unknown wallethttps://t.co/XRE0jAsB40 — Whale Alert (@whale_alert) March 13, 2025 Market Waiting For Decision On SEC Vs. Ripple Ripple’s latest huge asset transfer comes when the SEC’s case against Ripple is nearing its settlement. According to some reliable sources, the delay in the case’s resolution is caused by Ripple’s efforts to negotiate a favorable settlement. One controversial issue in the case is the August district court ruling, which fined Ripple $125 million and restricted the company from selling its native token to institutional buyers. XRP’s Price Roadmap As Ripple continues its negotiations with the SEC, investors and traders actively watch the token’s market performance. According to some analysts, the token has already completed its price correction using a four-hour time frame. There are plenty of price predictions for XRP, with some commentators saying it can initially hit $2.42 before making a run. Once XRP’s price emerges from the “Ichimoku clouds”, it is expected to hit higher highs. Related Reading: Bitcoin And S&P Decline Together, But Data Predicts A Turnaround Currently, the token’s support is at $2.04 and $2.22, and many expect XRP to face short-term volatility. However, the token’s biggest push will come from a favorable resolution of its SEC case and if it happens, analysts expect the price to reach $4.25, or even $5.80. Featured image from Newsbit, chart from TradingView
Coinbase just scored a massive legal win as Vermont rescinds its case on staking services, reinforcing that staking is not a security. This marks another major setback for regulators trying to rein in crypto. Vermont Drops Case Against Coinbase, Strengthening Crypto’s Legal Standing Coinbase Global Inc. and Coinbase Inc. have secured a significant legal victory
Bitcoin’s evolving price dynamics are closely interlinked with global liquidity trends, sparking speculation of a potential rally towards $105K. Recent market analyses suggest that Bitcoin’s price movements are significantly influenced
The post XRP Price Prediction For March 15 appeared first on Coinpedia Fintech News The cryptocurrency market is currently trying to bounce back and the next few days will be crucial to determine the market direction. Bitcoin and Ethereum are beginning to bounce off an important Fibonacci level, and Solana is still showing a short-term bullish divergence. However, XRP is breaking out above a critical resistance zone. Currently, XRP continues to face bearish pressure, particularly on the 3-day time frame. The chart reveals a significant bearish divergence, suggesting that a sustained bullish momentum is not likely in the near future. According to analyst Josh of Crypto World, this signal on the larger time frames indicates that a major upward movement is not expected. However, short-term bullish movements remain possible. Recent Price Movements and Support Levels XRP has recently bounced off key support levels, particularly between $1.95 and $2.25. For several hours, the price struggled to break past a short-term resistance zone in the $2.25 to $2.30 range. However, a positive shift occurred with a confirmed breakout, as the price closed above $2.30 on an 8-hour candle, signaling a potential short-term bullish trend. Resistance Levels to Watch Looking ahead, the next key resistance levels for XRP are expected to be between $2.65 and $2.80. If the price continues to rise, additional resistance may appear near the $3 mark. In the short term, potential resistance could be seen around $2.50 and $2.38–$2.40, as previous support zones could now act as resistance. Bitcoin’s Influence on XRP Price To predict XRP’s price movements more accurately, monitoring Bitcoin’s price trends is crucial. If Bitcoin experiences short-term bullish relief, XRP and many altcoins are likely to follow suit. Conversely, if Bitcoin’s price continues to decline, similar drops across major altcoins, including XRP, can be expected.
On March 14, at 11:40 AM (UTC+8), Gate.io made headlines with the global launch of MUBARAK within its innovative trading sector. This newly introduced cryptocurrency exhibited a remarkable performance, witnessing
Peter Schiff expresses concerns about Bitcoin's long-term value. Bitcoin has seen a significant decline in value against gold. Continue Reading: Peter Schiff Questions Bitcoin’s Worth Against Gold: Key Insights The post Peter Schiff Questions Bitcoin’s Worth Against Gold: Key Insights appeared first on COINTURK NEWS .
Bitcoin's price has been in line with global liquidity flows, fueling speculation about a rally to $105K.