The post Pi Network News: Pi Coin Price Crashes 85%, Is $0.10 Next? appeared first on Coinpedia Fintech News The once-hyped Pi Network, with a 60 million user base, is now facing its biggest test yet. In just one week, Pi Coin has crashed over 20%, slipping out of the top 30 cryptocurrencies, and is currently trading near $0.44—an 85% plunge from its February high of $3. With panic selling in full swing, analysts warn it could dip as low as $0.10 if the issues aren’t resolved fast. Why Pi Coin Price is Dropping? One big reason for the drop is the delay in launching the Pi mainnet, which was supposed to take the project from test mode to full operation. On top of that, the KYC (Know Your Customer) process is still stuck for many users, creating frustration among early adopters who can’t access their coins or trade freely. This growing uncertainty has caused Pi’s daily trading volume to spike to $500 million, showing just how many people are dumping their tokens. Unfortunately, top exchanges like Binance and Coinbase are still avoiding Pi Coin, which limits its credibility and exposure. Instead, it remains confined to smaller platforms such as OKX and Gate.io. Binance listing is what everyone was waiting for as it would have given instant credibility to the project. Community Losing Patience Adding to the sentiment, PiDaoSwap, a project within the Pi ecosystem, is struggling to get its business approvals. With no green light in sight, they’ve had to shift their NFT launch to Binance Chain, raising doubts about Pi Network’s actual utility. Meanwhile, other projects like Zito Realty and PiFest have failed to build momentum, making the ecosystem look weak and underdeveloped. Bybit CEO Ben Zhou called Pi Network a scam, pointing to a Chinese report that claimed it was designed to deceive elderly people. 1. Here is a official police warning of $Pi from Chinese police back in 2023 warning to the public that it’s a scam targeted towards elderly folks https://t.co/LaGJqXSOXR which leaks their personal data and loss of their pension. There are multiple other reports out there… https://t.co/gkEu2wZwfo — Ben Zhou (@benbybit) February 20, 2025 Can Pi Coin Price Drop to $0.10? Experts are warning that if current trends continue, Pi could crash another 60% to $0.10. They point to four main reasons behind Pi’s ongoing crash are excessive sell-off risk from unverified users, lack of major exchange listings, broader crypto market weakness, and a lack of real-world usage. With over 6.7 billion tokens already in circulation and a maximum supply of 100 billion, fears of dilution are rising quickly. Pi Network's PI is currently sitting at $0.53 as of April 4, 2025, and it’s been on a noticeable downward trend over the past 90 days. From early January, when prices hovered around $1.20-$1.50 based on posts from X and market trackers, PI has shed over 50% of its value. Token… pic.twitter.com/33Zsul8MxM — DigitalAssetBuzz (@DAssetBuzz) April 4, 2025 After peaking at $2.99 in February, the token has now dropped over 80%, and the RSI is under 25, signaling serious underselling. Hence, it seems there is little hope for a rebound, especially with global economic uncertainty exacerbating the situation. If the core Pi team doesn’t step up soon by accelerating KYC, pushing mainnet live, and attracting real partnerships, the project could face a total collapse in trust. For now, Pi’s future is hanging by a thread, and $0.10 might not be too far off. How to Sell Pi Coin ? To sell Pi Coins, first complete KYC, migrate to the mainnet, and set up your Pi wallet securely. Choose a supported exchange like OKX, verify your account with ID and address proof, then transfer Pi from your wallet to the exchange using the correct deposit address. Once confirmed, navigate to the PI/USDT pair, select a market or limit order, enter the amount, review details, and confirm the sale. Always double-check all info before proceeding. Is Pi Coin Legit? Pi Coin has sparked controversy, with many experts warning it may be a scam. Despite a large user base and recent mainnet launch, it’s been criticized for its referral-based growth, long delays, lack of utility, and centralized control. Major exchanges like Binance avoid it, while Bybit’s CEO called it a scam. Regulatory warnings in China and Vietnam also raise red flags. While not officially declared a scam, users are urged to proceed with extreme caution.
In the ever-volatile world of cryptocurrency, strategic moves by major players often send ripples through the market. This March, Nasdaq-listed Bitcoin miner Cipher Mining made headlines by offloading a significant portion of its mined Bitcoin. Let’s delve into Cipher Mining’s recent announcement, dissecting their BTC sales strategy and what it could mean for the broader Bitcoin mining landscape. Was this a necessary maneuver in response to market pressures, or a calculated play for future gains? Let’s explore the details behind Cipher Mining’s latest operational update. Decoding Cipher Mining’s March Bitcoin Mining and Sales Figures Cipher Mining, a prominent name in the crypto mining operations sector, recently shared an update that has caught the attention of investors and crypto enthusiasts alike. According to their X (formerly Twitter) announcement, the company successfully mined 210 Bitcoin (BTC) throughout March. This is a testament to their operational efficiency and robust infrastructure. However, the more intriguing aspect of their report was the revelation that they sold 206 BTC during the same period. This BTC sales activity leaves Cipher Mining with a total holding of approximately 1,034 BTC. Let’s break down these key figures: Bitcoin Mined in March: 210 BTC Bitcoin Sold in March: 206 BTC Total Bitcoin Holdings: Approximately 1,034 BTC These numbers raise several critical questions. Why did Cipher Mining decide to sell such a significant portion of their monthly mined Bitcoin? What are the strategic implications of this decision, especially considering the inherent volatility of the Bitcoin market? To understand the rationale behind this move, we need to consider the various factors that influence Bitcoin mining companies and their operational strategies. The Strategic Imperative Behind BTC Sales for Miners Bitcoin mining is a resource-intensive operation, demanding significant capital expenditure and ongoing operational costs. Miners like Cipher Mining invest heavily in sophisticated hardware, secure energy sources, and skilled personnel. To sustain these operations and ensure profitability, miners often need to sell a portion of their mined Bitcoin. This is not necessarily a sign of bearish sentiment but rather a practical financial strategy. Here are some key reasons why BTC sales are a common practice for mining companies: Covering Operational Expenses: Mining operations incur substantial costs, including electricity bills, hardware maintenance, and infrastructure upgrades. Selling mined Bitcoin allows companies to convert their digital assets into fiat currency to meet these obligations. Capital Expenditure (CapEx): To remain competitive and efficient, miners must continuously invest in newer, more powerful mining equipment. BTC sales can provide the necessary capital for these crucial investments. Debt Repayment: Many mining companies utilize debt financing to fund their operations. Selling Bitcoin can be a source of funds to service and repay these debts. Hedging Against Volatility: The cryptocurrency market is known for its price swings. Selling Bitcoin at strategic points can be a way for miners to mitigate risk and secure revenue, especially during periods of market uncertainty. Profit Realization: While miners are bullish on the long-term prospects of Bitcoin, they also need to realize profits to satisfy investors and stakeholders. BTC sales contribute to the company’s revenue stream and overall financial health. In the case of Cipher Mining, the BTC sales in March could be attributed to any combination of these factors. Without specific details from the company regarding their financial strategy for March, we can only infer based on common industry practices and market conditions. Cipher Mining’s Bitcoin Holdings: A Reserve for the Future? Despite the BTC sales , Cipher Mining still holds a considerable amount of Bitcoin – approximately 1,034 BTC. This significant Bitcoin holdings figure suggests a long-term bullish outlook on Bitcoin. Maintaining a substantial reserve of Bitcoin can be advantageous for several reasons: Potential for Appreciation: If Cipher Mining believes in the long-term appreciation of Bitcoin’s value, holding onto a significant portion of their mined Bitcoin can be a lucrative strategy. As Bitcoin’s price potentially rises, the value of their holdings increases proportionally. Strategic Reserve: Having a Bitcoin reserve provides financial flexibility. It can be used for future investments, expansion plans, or to weather periods of market downturns. Investor Confidence: Large Bitcoin holdings can signal financial strength and long-term commitment to the cryptocurrency to investors, potentially boosting investor confidence in Cipher Mining. Operational Buffer: In times of reduced mining output or increased operational costs, the Bitcoin reserve can act as a buffer, ensuring continued operations and financial stability. The decision to maintain over 1,000 BTC in reserve, even after significant BTC sales , indicates a balanced approach by Cipher Mining. They are actively managing their finances through sales while also positioning themselves to benefit from potential future Bitcoin price increases. Navigating the Challenges of Crypto Mining Operations Running successful crypto mining operations is not without its challenges. Miners face a complex landscape of fluctuating energy costs, evolving regulatory environments, and intense competition. Understanding these challenges provides further context to Cipher Mining’s strategic decisions. Key Challenges in Crypto Mining: Challenge Description Impact on Operations Energy Costs Bitcoin mining is energy-intensive. Fluctuations in energy prices directly impact profitability. Higher energy costs can squeeze profit margins, making BTC sales necessary to cover expenses. Hardware Obsolescence Mining hardware becomes outdated quickly as technology advances. Requires continuous investment in new equipment, potentially funded by BTC sales . Mining Difficulty Bitcoin’s mining difficulty adjusts to maintain a consistent block creation time. Increased difficulty means more computational power is needed to mine the same amount of Bitcoin, affecting efficiency. Regulatory Uncertainty Cryptocurrency regulations vary significantly across jurisdictions and are constantly evolving. Regulatory changes can impact operational costs, compliance requirements, and overall business strategy. Market Volatility Bitcoin’s price volatility creates uncertainty in revenue projections and financial planning. BTC sales can be a strategy to manage risk and secure revenue amidst price fluctuations. Cipher Mining, like other players in the Bitcoin mining industry, must effectively navigate these challenges to ensure long-term sustainability and profitability. Their recent BTC sales could be a proactive measure to address some of these very challenges. Actionable Insights: What Can We Learn from Cipher Mining’s Move? Cipher Mining’s report offers several insightful takeaways for both seasoned crypto investors and those new to the space: Strategic Sales are Normal: BTC sales by miners are not necessarily bearish signals. They are often a necessary part of maintaining operations and ensuring financial stability. Focus on Holdings: Pay attention not just to sales figures but also to the total Bitcoin holdings of mining companies. Large reserves can indicate long-term confidence in Bitcoin. Operational Efficiency Matters: The amount of Bitcoin mined (210 BTC in March for Cipher Mining) reflects operational efficiency. Companies with higher mining output are generally better positioned. Consider Market Context: Analyze BTC sales in the context of overall market conditions. Are miners selling due to market downturns, or is it part of a routine financial strategy? Diversification and Risk Management: For investors, understanding how mining companies manage their Bitcoin holdings and sales strategies provides insights into broader risk management practices within the crypto industry. Astute Strategy or Necessary Adjustment? The Verdict on Cipher Mining’s BTC Sales Cipher Mining’s decision to sell 206 BTC in March appears to be a strategic maneuver within the typical operational framework of a Bitcoin mining company. While the sale represents a significant portion of their monthly mined Bitcoin, it’s essential to view it in the context of their ongoing operational needs, market dynamics, and substantial remaining Bitcoin holdings . It’s likely a blend of prudent financial management and a proactive approach to navigating the inherent challenges of the crypto mining operations landscape. For observers, this move serves as a reminder that even in the decentralized world of cryptocurrency, traditional financial strategies and operational realities play a crucial role. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Bitcoin appears to be charting its own course, showing resilience amid a broader market sell-off that has shaken both risk assets and safe havens like gold. Bloomberg ETF analyst James Seyffart expressed surprise at Bitcoin’s strength, noting that BTC managed to stay above $80,000 despite sharp declines in stocks and commodities. “It’s remarkable that BTC has held its own even as traditional risk assets and gold have fallen,” Seyffart said. Bitcoin May Finally Be Decoupling From US Tech Stocks Bitcoin’s resilience has fueled speculation that the long-discussed decoupling from traditional financial markets may finally be happening. Blockstream CEO and Bitcoin pioneer Adam Back echoed that sentiment in a commentary on X: “Bitcoin is finally decoupling. I thought the link was fake. Maybe market makers are using the fiat liquidity shortage in the Bitcoin market to automatically correlate Bitcoin, which is being noticed at the US market opening.” Related News: Will the US Enter Recession This Year? JPMorgan Answers Historically, Bitcoin has traded in tight correlation with tech stocks, particularly the Nasdaq 100, since the early days of the COVID-19 pandemic. However, recent trading behavior suggests a potential shift. While the Nasdaq 100 fell for a second straight session on Friday, amid renewed trade war fears following President Donald Trump’s tariff announcements, Bitcoin rose nearly 1% to near $83,300. Analysts point to the geopolitical and macroeconomic backdrop as the catalyst for this divergence. “We think Trump’s aggressive move is accelerating a rethinking of the long-term value of BTC in a portfolio,” said Augustine Fan, partner and CFO of cryptocurrency trading platform SignalPlus. “The reset of the global order has important medium-term implications for the US as a capital destination.” “With BTC not being the target of the global trade war and being forced to de-dollarize due to the policies of the current administration, I think we could intuitively see a period of subdued volatility in the space relative to everything else,” said Bohan Jiang, head of OTC options trading at Abra. *This is not investment advice. Continue Reading: Gold Drops, US Stocks Fall, But Bitcoin Holds On: Bloomberg Analysts Baffled – Here Are Their Comments
Despite forming a traditionally bearish technical pattern, Bitcoin ( BTC ) appears to be setting the stage for a new record high, which could see the asset rally by about 80%. Specifically, prominent online trading analyst TradingShot observed that on April 4, Bitcoin completed a one-day death cross , where the 50-day moving average (MA) crossed below the 200-day MA. While this is often seen as a negative signal, during the ongoing 2023 to 2025 bull cycle, this pattern has instead preceded major rallies, acting as a powerful buy signal, he said in a TradingView post on April 4. Bitcoin price analysis chart. Source: TradingView According to the expert, the bullish outlook can be deduced from the broader trend Bitcoin has followed since bottoming out in November 2022, known as a ‘channel up,’ a rising price structure marked by a sequence of higher lows. Each time Bitcoin nears the lower boundary of its channel, a one-day death cross and a Bollinger Bands ( BB ) squeeze appear, signaling low volatility and often preceding sharp price moves. These signals have appeared annually in what TradingShot dubs a “transition month,” a turning point when Bitcoin shifts from a local bottom into a new bullish phase. Previous transition months include December 2022, September 2023, and August 2024. Now, April seems to be playing that role in 2025. Each transition month has historically led to at least 100% gains from the bottom. If the March 10 retest marks the new base, Bitcoin could be on a path toward $150,000. Bitcoin’s next major resistance For Bitcoin to target $150,000, it must first overcome several short-term resistance levels. To this end, on April 5, prominent cryptocurrency analyst Ali Martinez noted on X that Bitcoin’s key barrier lies at the $87,000 mark. Bitcoin price analysis chart. Source: TradingView/Ali_charts At this level, three major technical indicators converge: the 50-day MA, the 200-day MA, and a long-standing descending trendline from Bitcoin’s all-time high. The 50-day MA reflects short- to mid-term momentum, while the 200-day MA indicates the broader trend. When both align with a descending trendline, signaling sustained downward pressure, it marks a critical battleground for bulls and bears. A breakout above this zone could shift market sentiment and pave the way for higher prices, while rejection may confirm ongoing bearish momentum. It’s worth noting that Bitcoin recovered to nearly $84,000 on Friday after falling below $81,500 the day before, shaken by President Donald Trump’s tariff announcement. The move triggered a broader market selloff, intensified by China’s swift retaliation. While equities struggled, Bitcoin continues to show resilience. Still, the cryptocurrency has largely hovered between $80,000 and $90,000 over the past month, with traders watching global markets for direction in the absence of major crypto-specific developments. Bitcoin price analysis Bitcoin was trading at $83,682 by press time, gaining a modest 1% in the last 24 hours. On the weekly timeframe, the maiden digital asset is up 0.21%. Bitcoin seven-day price chart. Source: Finbold Overall, Bitcoin’s current market sentiment is bearish, reinforced by a low Fear & Greed Index score of 26, indicating fear among investors. Additionally, at the current price, Bitcoin is trading below its 50-day simple moving average (SMA) of $89,357 and the 200-day SMA of $84,704, hinting at more short—and long-term losses. Featured image via Shutterstock The post Bitcoin is aiming at this ‘juicy level’ despite death cross formation appeared first on Finbold .
Ripple CEO Brad Garlinghouse made a triumphant announcement on March 19, indicating that the US Securities and Exchange Commission had dropped its latest appeal in the legal case between the two entities, which essentially meant it had finally ended. His statement was later confirmed by company CLO Stuart Alderoty, who explained that Ripple had also dropped its own appeal. Moreover, the company had to pay just $50 million, instead of the $125 million Judge Torres ruled or the $2 billion the SEC sought initially. Garlinghouse described this as a win not only for his firm but the entire cryptocurrency industry, given the lawsuit’s significance and longevity. But is that really the case? We decided to ask a few industry experts for their opinion on the potential impact of the lawsuit’s closure. Watershed Moment Lingling Jiang, a partner of DWF Labs, was bullish overall for crypto after the case was resolved. She said the ending of such a lawsuit, that lasted for over four years and was essentially the cornerstone of the SEC’s entire war against crypto, is a ‘watershed moment’ for the company and for the entire industry. She believes it marks the beginning of a long process that will help crypto receive more regulatory clarity in the States, which would be “crucial for building long-term institutional trust and driving innovation.” With the burden of such a long, expensive, and potentially very damaging lawsuit out of sight, Jiang said Ripple can now focus on building its own brand, business, technology, and products, such as its recently launched stablecoin. “I would regard this as a representation of what meaningful progression towards establishing greater legitimacy and institutional acceptance within the cryptocurrency ecosystem can look like,” she concluded. US-based Firms to Thrive Echoing in part Jiang’s words and a previous comment from Garlinghouse about US-based companies, Andrei Grachev, a managing partner at Falcon Finance, said such digital asset projects are now ‘positioning themselves to regain leadership in crypto infrastructure.’ Ripple’s legal clarity, Coinbase reportedly working on acquiring Deribit, and other similar developments on US soil point to an ‘incredibly bullish’ future for synthetic dollar protocols. “If a regulated, U.S.-compliant Coinbase absorbs Deribit, it could accelerate the legitimisation of on-chain synthetic dollar markets—particularly those that mirror the risk profiles of traditional FX and interest rate derivatives. With deeper market rails and renewed confidence in regulatory clarity, we expect innovation and adoption in synthetic dollar protocols to surge—especially in regions hungry for stable, censorship-resistant value transfer,” – Grachev said. The post Ripple vs. SEC Lawsuit Closure: What it Means for the Future of Crypto appeared first on CryptoPotato .
Despite the heavy correction in the US stock market over the last two days, Ethereum price has remained firm while holding the crucial support of $1,800. Several market analysts believe that the bottom is in, and the possibility of further ETH downside remains limited. After a 44% drop in 2025 so far, the analysts also believe that ETH remains undervalued for now. Ethereum Price Dominance At A Multi-Year Low As per crypto analyst Rekt Capital, Ethereum market dominance has plummeted from 20% to just 8% since June 2023, marking a significant decline in its share of the overall crypto market. The analyst further highlighted that the current level aligns with a historical reversal zone—dubbed the “green area”. This is the same zone from where the Ethereum price has made strong comebacks in the past. Source: Rekt Capital Crypto analyst Javon Marks identified a regular bullish divergence formation on the Ethereum price chart, while signaling a shift in the momentum. According to Marks, while ETH prices have continued to decline, the divergence suggests that bearish strength may be waning. This technical pattern typically indicates that bulls could be preparing to regain control of the market. Marks has set a potential upside target of $4,000 for Ethereum, contingent on a sustained bullish reversal. Source: Javon Marks Furthermore, currently the risk reward ration seems to benefit the investors as further downside is limited to $1,500 as expected by investors. However, the upside potential for ETH is higher to nearly 100-250% % from the current levels. On the downside, the current support for ETH price is $1,650, however, for the potential uptrend to resume, ETH must surge past $2,100 levels with strong trading volumes. Our ETH price prediction indicator shows the possibility of a drop under $1,700 over the next month. ETH Whale To Bring Selling Pressure Again? While analysts are turning optimistic over the Ethereum price recovery, we cannot ignore the whale activity around ETH. Crypto analyst Ali Martinez has reported a significant whale selloff in the Ethereum market, with data from Santiment revealing that large holders have offloaded 500,000 ETH over the past 48 hours. Source: Ali Martinez Ethereum has largely struggled to keep pace with Bitcoin over the past year. As per the current data, the ETHBTC ratio has dropped to the lowest level in nearly five years. The post Ethereum Price Reversal Chances Improve, $4000 ETH Next? appeared first on CoinGape .
After Ethereum’s recent sharp decline, many ETH holders are searching for new ways to recover their losses and Mutuum Finance (MUTM) is quickly becoming their go-to solution. While Ethereum (ETH), currently priced at $1,826, has long been the cornerstone of decentralized applications and smart contracts, the recent market crash has left many investors scrambling. Enter Mutuum Finance (MUTM), a rising star in the DeFi market. Phase 4 of the presale has already launched giving investors optimism. Over $6.2 million has been accumulated and 7900 holders attracted. New investors purchase MUTM at its current price of $0.025 because the value will reach $0.03 as part of Phase 5. Current investors have the opportunity to achieve a 140% return on investment before the project launch occurs at $0.06. MUTM could hit $1 sooner after launch. Mutuum Finance Presale Surges as Investor Interest Grows Mutuum Finance leads the decentralized lending market through its innovative dual-lending system and it has established itself as a quick-growing collaborative system. The project maintains increasing popularity as 7900 investors put $6.2 million into the presale. During Phase 4 which presents the current trading value of $0.025 investors can expect a 20% price increase in Phase 5 to secure substantial profit potential. Research data indicates that MUTM stands among the most underpriced yet promising DeFi projects set to exceed $1 after its release on the market. Mutuum Finance stands apart for its ability to unite the Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending models in one system. The P2C model combines USDT liquidity pools that produce passive income for users who benefit from automatic smart contracts used for lending operations. Both P2P and P2C models deliver fundamental DeFi functions to users through their different mechanisms for transacting directly between parties without third-party involvement. Through the blending of these two models, Mutuum Finance enhances security, efficiency, and decentralization, making it a good fit for DeFi investors seeking high-yielding alternatives. The Development of a Stable Secure Environment To demonstrate its focus on stability Mutuum Finance releases a fully secured Ethereum-based stablecoin backed by USD. The stablecoin token stands distinct from algorithmic stablecoins because Mutuum Finance bases it on over-collateralization to provide both risk reduction and long-term trustworthiness. Open financial architectures paired with audited smart contracts alongside this architecture strengthen investor trust by covering all the vulnerabilities found in past DeFi projects. Mutuum Finance implements incentive plans as a method to increase its community reach. By offering $100,000 giveaway the program will give out 10 thousand dollars worth of MUTM tokens to winners among 10 participants in addition to its innovative referral system that pays users for successful new investor acquisitions. Early adopters of Mutuum Finance obtain both special staking pools and governance rights and VIP access to platform updates which keeps them committed to the platform over the long term. Sustainable Tokenomics for Long-Term Growth Mutuum Finance implements controlled token supply restrictions and deflationary mechanics throughout presales to build scarcity in its framework thus boosting the token’s potential value growth. The staking program gives crypto users attractive incentives to remain engaged while ensuring token sustainability during long-term development of the platform. In the wake of Ethereum’s recent market downturn, many ETH holders are looking for ways to recover their losses, and Mutuum Finance (MUTM) is emerging as a promising solution. As the price of MUTM rises to $0.03 in Phase 5, early investors are positioned for substantial gains. With its secure, over-collateralized stablecoin, high-yield DeFi models, and sustainable tokenomics, Mutuum Finance is set to become a key player in the decentralized finance space. Don’t miss out, join Mutuum Finance today and take advantage of the lucrative opportunities before the price surge. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Hold onto your hats, crypto enthusiasts! The U.S. spot Bitcoin ETFs market just witnessed a significant tremor. After a period of positive momentum, April 4th brought a wave of net outflows totaling a concerning $64.88 million. This marks the second consecutive day of net negative flow, prompting questions about potential shifts in investor sentiment. Let’s delve into the specifics of these Bitcoin ETF outflows and what they might signify for the crypto market. Decoding the $64.88M Bitcoin ETF Outflows: What Happened on April 4th? According to crypto data tracker Trader T (@thepfund) on X, April 4th saw a combined net outflow of $64.88 million from U.S. spot Bitcoin ETFs . This figure represents the difference between the amount of Bitcoin flowing into these ETFs versus the amount flowing out. A negative number, like $64.88 million, indicates that more Bitcoin was withdrawn from these funds than invested on that particular day. This event raises eyebrows, especially after a period where these ETFs were generally experiencing net inflows, contributing to Bitcoin’s price appreciation. But which ETFs were primarily responsible for these Bitcoin ETF outflows ? Let’s break down the key players: Grayscale’s GBTC: Leading the outflow charge was Grayscale’s GBTC, experiencing a substantial $25.21 million in net outflows. GBTC has been under scrutiny since its conversion to a spot ETF, largely due to its higher fees compared to newer competitors. ARK Invest’s ARKB: Following closely behind was ARK Invest’s ARKB, with $21.82 million in net outflows. ARKB, managed by Cathie Wood’s ARK Invest, is a popular choice among investors, making these outflows noteworthy. Bitwise’s BITB: Bitwise’s BITB also saw significant Bitcoin ETF outflows , registering $17.85 million. BITB has been gaining traction as a lower-fee alternative in the spot Bitcoin ETF space. The Rest: Interestingly, the remaining U.S. spot Bitcoin ETFs reported no change in their holdings on April 4th. This suggests that the outflows were concentrated in GBTC, ARKB, and BITB. Why are Spot Bitcoin ETF Outflows a Big Deal? The performance of spot Bitcoin ETFs is closely watched because they are seen as a gateway for institutional and retail investors to gain exposure to Bitcoin without directly holding the cryptocurrency. Consistent net inflows into these ETFs are generally interpreted as a positive sign, indicating growing demand and potentially supporting Bitcoin’s price. Conversely, net outflows can be viewed as a bearish signal, suggesting reduced demand or investor concerns. Here’s why these Bitcoin ETF outflows matter: Market Sentiment Indicator: ETF flows are a real-time gauge of investor sentiment. Outflows can indicate a shift in market mood, potentially driven by factors like price corrections, macroeconomic concerns, or profit-taking. Price Impact: While a single day of outflows may not be drastically impactful, sustained outflows can exert downward pressure on Bitcoin’s price. Conversely, sustained inflows can contribute to upward price momentum. ETF Competition: The competitive landscape of spot Bitcoin ETFs is intense. Outflows from specific ETFs, like GBTC, might indicate investors migrating to lower-fee or more attractive options. Broader Market Trends: Bitcoin ETF outflows can sometimes reflect broader trends in the crypto market or even the wider financial markets. It’s crucial to analyze these outflows in conjunction with other market indicators. Are ARKB Outflows and BITB Outflows a Cause for Alarm? While GBTC outflows have been a recurring theme since its ETF conversion, the significant outflows from ARKB and BITB on April 4th are somewhat more unexpected. These ETFs have generally been viewed favorably by investors. Several factors could be at play: Profit Taking: After a period of Bitcoin price appreciation, investors in ARKB and BITB might have decided to take profits, leading to outflows. Portfolio Rebalancing: Institutional investors often rebalance their portfolios. Outflows from Bitcoin ETFs could be part of a broader portfolio rebalancing strategy. Market Volatility Concerns: Increased market volatility or uncertainty about Bitcoin’s short-term price direction could prompt some investors to reduce their ETF holdings. Alternative Investment Opportunities: Investors might be shifting capital to other asset classes or investment opportunities within the crypto space or traditional markets. GBTC Outflows Continue: Is Fee Structure Still a Factor? The persistent GBTC outflows are not entirely surprising. GBTC’s higher management fee compared to newer spot Bitcoin ETFs from competitors like BlackRock (IBIT) and Fidelity (FBTC) remains a significant point of contention for investors. While GBTC was the first mover advantage in offering Bitcoin exposure through a publicly traded vehicle, the ETF landscape has evolved rapidly. Investors now have access to similar products with considerably lower fees. This fee disparity likely continues to drive outflows from GBTC as investors seek more cost-effective options to hold Bitcoin in ETF form. Navigating Bitcoin ETF Outflows: Actionable Insights for Investors So, what should crypto investors make of these recent Bitcoin ETF outflows ? Don’t Panic Sell: One day of outflows doesn’t necessarily signal a long-term trend reversal. Avoid making impulsive decisions based on short-term market fluctuations. Monitor ETF Flows: Keep an eye on daily and weekly Bitcoin ETF outflows and inflows. Consistent outflow trends over a longer period might warrant closer attention. Diversify Your Portfolio: Bitcoin ETFs can be a part of a diversified portfolio, but it’s crucial not to put all your eggs in one basket. Diversification across different asset classes can help mitigate risk. Stay Informed: Keep abreast of market news, macroeconomic developments, and regulatory updates that could impact the crypto market and Bitcoin ETFs . Consider Fee Structures: When choosing a spot Bitcoin ETF, carefully consider the management fees. Lower fees can significantly impact your long-term returns. Conclusion: Bitcoin ETF Outflows – A Temporary Blip or a Warning Sign? The $64.88 million net outflow from U.S. spot Bitcoin ETFs on April 4th is undoubtedly a noteworthy event. While it’s crucial not to overreact to a single day’s data, it serves as a reminder of the dynamic and sometimes volatile nature of the crypto market. The continued outflows from GBTC, coupled with the more recent outflows from ARKB and BITB, warrant close monitoring. Whether this is a temporary blip or the beginning of a more sustained outflow trend remains to be seen. Investors should stay informed, maintain a balanced perspective, and focus on long-term investment strategies rather than being swayed by short-term market noise. The evolution of spot Bitcoin ETFs and their impact on the broader crypto ecosystem will continue to be a fascinating story to watch unfold. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
The SEC has relaxed its regulations on certain stablecoins, fostering market opportunities. New "Covered Stablecoin" category excludes compliant stablecoins from being classified as securities. Continue Reading: SEC Eases Rules for Stablecoins, Creating New Opportunities in the Market The post SEC Eases Rules for Stablecoins, Creating New Opportunities in the Market appeared first on COINTURK NEWS .
The post Acala Price Prediction 2025, 2026 – 2030: When Will ACA Price Reach $3? appeared first on Coinpedia Fintech News The Acala network has grown to a robust app chain powering the Web3 ecosystem on the Polkadot network using both substrate and Ethereum Virtual Machine (EVM). As a result, it is safe to say that the future growth prospects for ACA tokens are heavily pegged to the mainstream adoption of DeFi protocols on the Polkadot ecosystem. In the next five years, the Acala team will have to navigate through the competitive landscapes in the DeFi ecosystem to ensure a sustainable future. Additionally, the Acala project will have to consider the changing regulatory environment, especially in the United States and Europe. Moreover, Acala’s multi-chain nature makes the project highly sensitive to international regulatory alignment. Table of Contents Overview Acala Token (ACA) Price Prediction For 2025 FAQs .shortcode_title h6 { font-size: 14px; font-weight: 600; margin-bottom: 0; margin-left: 5px; } .top-gainer { background: transparent; border-radius: 10px; padding: 0; margin-bottom: 15px; } .top-markets { background: #fff; padding: 10px 10px 3px; border: 1px solid #eee; text-align: center; border-radius: 8px; position: absolute; z-index: 99; } .top-gainers-loosers ul { padding-left: 0 !important; margin-left: 0; overflow: auto; white-space: nowrap; } .top-gainer h2 { font-size: 16px; } .top-gainers-loosers ul li .top-gainer-desc { background: #fff; border-radius: 5px; padding: 10px; border: 1px solid #0052CC4D; } .top-gainer-desc h4 { font-size: 14px; font-weight: 400; line-height: 22px;}.top-gainer-desc .color-green { color: #0DA71D; font-size: 12px; font-weight: 300; line-height: 20px; float: right;}.color-green img, .color-red img { width: 12px; display: initial;} .top-gainers-loosers ul li { padding: 5px; width: 200px; margin: 0 !important; vertical-align: top;}.top-gainer h3 { font-size: 13px; margin-top: 0px; font-weight: 500; max-width: 150px; white-space: nowrap; overflow: hidden; text-overflow: ellipsis; }.top-gainer-desc h3 span{ color: #171717B2; font-weight: 400;}.top-gainer-desc .color-red { color: #ff3e55; font-size: 12px; font-weight: 500; line-height: 20px; float: right;}.top-gainers-loosers .curve-image{border-radius: 50%;}/* .top-gainers-loosers ul::-webkit-scrollbar { height: 5px; border-radius: 50px;} *//* .top-gainers-loosers ul::-webkit-scrollbar-track { background-color: #f1f1f1; } */.top-gainers-loosers ul::-webkit-scrollbar { display: none; /* Hides the scrollbar in WebKit browsers */}/* For Firefox */.top-gainers-loosers ul { scrollbar-width: none; user-select: none;}.circle-image{ border-radius:50px;} Market Top Gainer Multichain/ MULTI $ 0.361182 330.427% Linear Finance/ LINA $ 0.000245 39.023% Pi/ PI $ 0.700680 31.925% Layer3/ L3 $ 0.084847 31.906% BurgerCities/ BURGER $ 0.010869 30.875% document.addEventListener("DOMContentLoaded", function () { const gainersContainer = document.querySelectorAll('.top-gainers-loosers'); gainersContainer.forEach(container => { const list = container.querySelector('ul'); // Select the first ul within this container // Attach event listeners for drag scrolling list.addEventListener('mousedown', handleMouseDown); list.addEventListener('mouseleave', handleMouseLeave); list.addEventListener('mouseup', handleMouseUp); list.addEventListener('mousemove', handleMouseMove); });});// Named functions for handling eventslet isDown = false;let startX;let scrollLeft;function handleMouseDown(e) { isDown = true; this.classList.add('active'); // Optional: for styling active state startX = e.pageX - this.offsetLeft; scrollLeft = this.scrollLeft;}function handleMouseLeave() { isDown = false; this.classList.remove('active'); // Optional: remove active state}function handleMouseUp() { isDown = false; this.classList.remove('active'); // Optional: remove active state}function handleMouseMove(e) { if (!isDown) return; // Stop the function from running if mouse is not down e.preventDefault(); // Prevent text selection const x = e.pageX - this.offsetLeft; const walk = (x - startX) * 2; // Scroll-fast this.scrollLeft = scrollLeft - walk;} Overview Cryptocurrency Acala Token Token ACA Price $ 0.03374483 0.97% Market cap $ 39,368,962.2764 Circulating Supply 1,166,666,660.00 Trading Volume $ 15,283,035.0815 All-time high $ N/A All-time low $ N/A 24 High Coming soon 24 Low Coming Soon Acala Token (ACA) Price Prediction For 2025 The ACA price has established a robust support level around $0.0335, which will likely form a basis for a fresh macro bull rally. With the weekly Relative Strength Index (RSI) forming a rising divergence, ACA price will likely close 2025, having established a new rising trend. ACA Price Prediction 2025 Year Potential Low Average Price Potential High 2025 $0.0335 $0.228 $2.79 Unlock the future of decentralized graphics with Render Token’s price insights in Coinpedia’s RNDR price prediction for 2025 to 2030. Acala (ACA) Price Prediction 2026-2030 Year Potential Low Average Price Potential High 2026 $0.04355 $0.342 $5.022 2027 $0.05661 $0.513 $9.0396 2028 $0.07359 $0.7695 $16.27 2029 $0.09567 $1.154 $29.28 2030 $0.1243 $1.7313 $52.71 Acala Token Price Forecast 2026: Depending on the performance of ACA price by the end of 2025, the altcoin will likely follow the wider crypto outlook, potentially bearish in 2026. However, the ACA price will likely reach a peak of $5.022 and a low of around $0.04355. ACA Crypto Price Targets 2027: The price of ACA will likely reach a peak of around $9 in 2027 and a potential low of about $0.05661. Acala Price Projection 2028: As the next halving year for Bitcoin and the next U.S. presidential elections, the ACA price will be heavily impacted by the two major events. Depending on the mainstream adoption of digital assets, the ACA price will likely reach a peak of about $16.27 and a possible low of around $0.07359. ACA Coin Price Prediction 2029: Based on the four-year crypto cycle, the ACA price is expected to experience a parabolic growth in 2029, with a potential peak of around $29.28. Acala Price Prediction 2030: By the end of this decade, ACA price will likely reach a peak of about $52.71 and a possible low of around 12 cents. Market Analysis Firm Name 2025 2026 2030 CoinCodex $0.1856 $0.1087 $0.1755 Binance $0.03433 $0.036055 $0.043825 Coinpedia’s ACA Price Prediction We at Coinpedia believe that the Acala token (ACA) price is well positioned to grow exponentially in the coming years, bolstered by its robust fundamentals and favoring global regulatory outlook for the DeFi ecosystem. Year Potential Low Average Price Potential High 2025 $0.0335 $0.228 $2.79 Ready to ride the Dogecoin wave? Explore the latest price trends and predictions in Coinpedia’s DOGE price prediction for 2024 to 2030 now. FAQs Is Acala a good investment for 2025-2030? Backed by reputable web3 venture capital firms, the Acala ecosystem is well positioned to grow exponentially in the next five years. Moreover, the Acala network has been solving real-world problems with scalable software solutions. Will ACA be able to cope with the bearish market? The coin has sound fundamentals and it might stand against bearish trends in the business. What factors could drive ACA price beyond $3 by 2027? The exponential growth of the ACA price in the coming years is largely tied to the mainstream adoption of the Polkadot (DOT) ecosystem. How high can ACA price reach by 2030? Depending on the global DeFi regulatory outlook, the ACA price will likely trade at a potential low of about 12 cents or a peak of around $52.71. What are the risks that the Acala protocol faces in the next five years? With the heavy reliance on the Polkadot network, the Acala ecosystem faces an existential threat if the DOT adoption fails along the way. ACA BINANCE