According to recent data from CoinGecko, reported on May 20, Upbit has witnessed a remarkable trading volume of $20.48 billion within a 24-hour period. Notably, the XRP/KRW trading pair has
The post Pi Network Announces Job Vacancies Amid Price Drop, Pump-and-Dump Rumors appeared first on Coinpedia Fintech News The Pi Network is going through a volatile phase as its token price continues to slide amid fresh allegations of a pump-and-dump scheme and suspicious wallet activity. Despite these setbacks, the Pi Core Team has announced new job openings, leaving the community both puzzled and concerned. Price Drops Despite Fund Announcement After briefly spiking to $1.6796 on May 8, the price of Pi has pulled back sharply and is now trading at around $0.75. Although it remains slightly above its early April lows, the token’s value has dropped since peaking at $2.98 in late February. Even a major announcement on May 14, where the Pi Core Team unveiled a $100 million ecosystem fund to boost network development, failed to stop the price slide. In fact, some community members argue that this fund may be contributing to sell pressure rather than supporting the market. Technical analysts are keeping a close eye on the critical $0.70 support level. If this support breaks, it would invalidate the 50% Fibonacci retracement level, possibly opening the door for a drop to $0.40. Hiring Spree Amid the Chaos Interestingly, amidst the falling prices and growing controversies, the Pi Core Team has released a fresh list of job openings. This move comes at a time when investor confidence is shaky, leaving many to question the timing and motives behind the recruitment drive. Allegations of Pump-and-Dump and Wallet Concerns Along with falling prices, the Pi community is also raising concerns about possible pump-and-dump activity. Many believe the Pi Core Team controls over 10,000 wallets and sub-wallets, though only the 7 largest wallets are easy to track. In the last five months: 5.4 billion Pi were moved from the Foundation 1 wallet to the Foundation 3 wallet. About 700 million Pi were transferred from Foundation 3 to Foundation 2 in smaller batches. More than 1 billion Pi went directly from Foundation 1 to Foundation 2. Right now, the Foundation 3 wallet holds 4.7 billion Pi, while Foundation 2 has only 24 million Pi left. The community is demanding answers about where these large amounts of Pi have gone and is calling for better transparency and accountability from the Pi Core Team.
Binance faces significant legal scrutiny as it seeks arbitration for a class-action lawsuit, emphasizing its terms of service to shield itself from litigation. The exchange contends that its updated terms
Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments. Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo Integration Ripple announced on May 19 that Zand Bank and Mamo have become the first customers in the United
Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the company’s terms. The exchange said in a May 16 filing to a New York federal court that its terms of service, which it claimed the class group agreed to, has a clause that users agree to arbitrate all claims, along with a clause preventing users from launching class actions against the crypto exchange . “The Court should hold that Plaintiffs are required to arbitrate claims that accrued after Feb. 20, 2019, even if the Court adheres to its initial decision as to claims that accrued before then and that the class-action waiver in the 2019 Terms of Use is enforceable for all of Plaintiffs’ claims,” Binance said. Binance argues that its terms of service have a clause about users agreeing to arbitrate all claims. Source: PACER In March, Judge Andrew Carter denied Binance’s request to have all of the class action’s claims sent to arbitration for users who bought tokens on the exchange between April 1, 2017, and Feb. 20, 2019, and partially denied the motion for users who bought tokens after 2019 until a decision could be made to what extend the arbitration clause would apply. Binance said in its latest filings that it updated its terms in February 2019 to include the arbitration clause and argued that an earlier version of the terms of service included a clause that informed users that Binance could amend the terms as needed without any individual notice.. Binance case was previously dismissed Judge Carter had sided with Binance and dismissed the suit in March 2022. Binance had argued that it isn’t beholden to US securities laws because it doesn’t have a physical headquarters in the country. The US Court of Appeals for the Second Circuit overturned that decision in March 2024 , and the Supreme Court later declined to hear Binance's appeal in January of that year. Related: US judge transfers Binance lawsuit to Florida, citing first-to-file rule Binance’s legal entanglements in the US have escalated since mid-2023, when the Securities and Exchange Commission sued the company for selling unregistered securities, which was settled for $4.3 billion in November 2023. Binance was also slapped with a class action in Canada in April 2024 for allegedly violating securities laws after it announced its departure from the country in May 2023. Magazine: Arthur Hayes $1M Bitcoin tip, altcoins’ powerful rally’ looms: Hodler’s Digest, May 11 – 17
Bitcoin price started a fresh increase and cleared the $106,000 zone. BTC is now rising and might aim for another increase toward $110,000 Bitcoin started a fresh upward move from the $102,000 zone. The price is trading above $105,500 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $105,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $107,000 resistance. Bitcoin Price Starts Fresh Surge Bitcoin price started a fresh increase from the $102,000 support zone. BTC formed a base and was able to clear the $104,200 resistance zone. The bulls pushed the price above $105,000. There was a clear move above the 50% Fib retracement level of the downward move from the $107,042 swing high to the $102,100 low. It opened the doors for a move above the $106,000 resistance zone . The current price action is positive since the price settled above the 76.4% Fib retracement level of the downward move from the $107,042 swing high to the $102,100 low. There is also a short-term bullish trend line forming with support at $105,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $105,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $107,000 level. The first key resistance is near the $107,200 level. The next key resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level and a new all-time high. Another Drop In BTC? If Bitcoin fails to rise above the $107,000 resistance zone, it could start another correction. Immediate support on the downside is near the $105,800 level. The first major support is near the $105,000 level. The next support is now near the $104,200 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,500, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,200, followed by $103,500. Major Resistance Levels – $107,000 and $107,500.
In recent developments from the crypto markets, analytics shared by COINOTAG on May 20th reveal a significant trading maneuver by a prominent **whale** investor. This trader, recognized as the “19-Day
After surging past $106,000 over the weekend, Bitcoin sharply retreated by nearly 4% to $102,300, triggering over $670 million in crypto futures liquidations—$465 million of which were long positions. Despite the turbulent price action amplified by thin weekend trading, institutional sentiment remains strong, with spot Bitcoin ETFs accumulating $608 million in net inflows and corporate treasuries continuing to expand their holdings. Amidst this high-stakes environment, emerging projects are gaining fresh attention, particularly Qubetics , which stands out for its ongoing presale and innovative focus on blockchain interoperability. By addressing long-standing challenges in multi-chain integration, Qubetics aims to simplify cross-chain transactions for businesses, developers, and end-users, positioning itself as a future-ready solution within the evolving digital asset landscape. Qubetics: Pioneering Interoperability in Blockchain Solutions Qubetics distinguishes itself through its commitment to interoperability, a critical factor in the evolving blockchain landscape. The platform’s non-custodial multi-chain wallet enables users to manage assets across various blockchains without relying on centralized exchanges. This feature is particularly beneficial for: Businesses : Streamlining cross-chain transactions and reducing settlement times. Professionals : Facilitating diverse portfolio management with enhanced security. Individuals : Providing user-friendly interfaces for multi-chain asset management. Qubetics Gains Traction as Presale Reaches Stage 35 Qubetics continues to capture investor interest as it enters Stage 35 of its ongoing crypto presale . With more than 513 million $TICS tokens already sold to a growing base of over 26,700 holders, the project has raised an impressive $17.1 million+ to date. Tokens are priced at $0.2785, offering an accessible entry point for early backers. Potential Returns: What Analysts Are Forecasting Market analysts see significant upside potential for $TICS, especially as the mainnet launch approaches. Here’s how the returns could play out: Current Price: $0.2785 If $TICS Hits $1 Post-Presale: 258% ROI If It Reaches $5 Post-Presale: 1,694% ROI If It Climbs to $6 After Mainnet Launch: 2,053% ROI At $10 Post-Mainnet: 3,489% ROI At $15 Post-Mainnet: 5,284% ROI With a strong roadmap, utility-focused features, and growing community support, Qubetics is quickly emerging as a top pick for those seeking high-growth crypto opportunities in 2025. Arthur Breitman’s Bet on Tokenized Uranium Could Signal a Tezos Revival Arthur Breitman, co-founder of Tezos, is placing a bold bet on tokenized uranium—a move that could mark a pivotal comeback for the once-hyped “Ethereum killer.” In a recent interview, Breitman reflected on Tezos’ evolution from a top-10 crypto project to a more subdued but resilient player in the blockchain space, now targeting the Real World Asset (RWA) sector. With its unique self-amending protocol and strong emphasis on decentralization, Tezos is aiming to reinvent itself by enabling secure and transparent uranium tokenization. Breitman emphasizes Tezos’ culture of “doing things for real,” contrasting its genuinely decentralized infrastructure with other projects driven by hype or custodial models. While Tezos has endured regulatory hurdles, shifting narratives, and market skepticism, its pivot toward tokenizing critical assets like uranium could redefine its place in the crypto ecosystem and reignite developer and institutional interest. Avalanche (AVAX) Surges 21%, But Ruvi AI (RUVI) Emerges as 2025’s Breakout Star with $2 Price Prediction and 20,000% Growth Forecast Avalanche (AVAX) has seen a significant 21% surge, hitting $22.80 amid growing adoption and bullish momentum, with projections suggesting a potential rise to $30.01 by 2030. However, market analysts are increasingly turning their attention to Ruvi AI (RUVI), a disruptive decentralized AI superapp that’s making waves with its innovative integration of Web3 technology. With a successful presale already under its belt—where early investors earned 50% gains—RUVI is now priced at just $0.015, yet experts forecast the token could reach $2 in 2025, representing a staggering 20,000% ROI. Combining blockchain utility with AI-driven content creation tools for text, video, audio, and images, Ruvi is quickly gaining traction as the next major player in the crypto space. Conclusion: Evaluating the Best Crypto to Buy for May 2025 May 2025 presents a dynamic array of opportunities. Qubetics, with its emphasis on interoperability and successful presale, offers a compelling proposition for those seeking to engage with a platform that addresses critical blockchain challenges. Tezos’ strategic partnerships and continuous technological enhancements position it as a versatile platform capable of supporting various applications, from financial instruments to gaming and NFTs. Avalanche’s institutional collaborations and focus on scalability underscore its potential in facilitating real-world applications and attracting diverse projects. As the market continues to evolve, these platforms exemplify the innovative approaches driving the next phase of blockchain adoption. Engaging with these projects aligns with the pursuit of identifying the best crypto to buy for May 2025 . For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs: What is the current stage of the Qubetics presale? Qubetics is in its 35th presale stage, offering $TICS tokens at $0.2785. How does Qubetics address blockchain interoperability? Qubetics provides a non-custodial multi-chain wallet, enabling seamless asset management across various blockchains. What are Tezos’ recent strategic partnerships? Tezos has partnered with Société Générale and Ubisoft to explore digital financial instruments and integrate blockchain into gaming. How is Avalanche expanding its ecosystem? Avalanche collaborates with institutions like Deloitte and integrates with AWS to enhance the accessibility and real-world applications of its blockchain solutions. Why consider these platforms as the best crypto to buy for May 2025? Each platform addresses specific challenges in the blockchain space, offering innovative solutions and demonstrating significant growth potential. The post Avalanche Hits $22.80, Tezos Reinvents with Uranium—But Qubetics Might Be the Best Crypto to Buy for May 2025 appeared first on TheCoinrise.com .
Bitcoin prices traded close to their highest in roughly four months today as the digital currency benefited from growing demand and strengthening sentiment.
In a recent update on Bitcoin market dynamics, COINOTAG highlighted insights from noted cryptocurrency analyst Bluntz. According to an analysis published on May 20th by Cointelegraph, a significant bearish divergence