Meteora Protocol has introduced innovative DeFi tools designed to significantly enhance liquidity management within the Solana ecosystem, marking a pivotal advancement in decentralized finance infrastructure. The integration of a new
The post Pi Network Mainnet Migration Issues Could Spark a Crash Below $0.50 appeared first on Coinpedia Fintech News In the last 30 days, PI price has plunged by 35% , and over the past 14 days, it’s down 13.7%. This week alone, Pi has dropped 4.4%, now trading at $0.5379 — just above the critical $0.50 psychological support level. With rising exchange deposits and on-chain red flags, analysts warn that a crash below $0.50 is likely. Here’s what the data says. Pi Network Migration Chaos: KYC Failures, Missing Balances, and 2FA Glitches Pi Network’s highly anticipated mainnet migration has turned problematic for many users. Several users claim their KYC verification is failing, even after multiple attempts. Others report 2FA errors, preventing them from accessing wallets or transferring funds. Most concerning, many users say their balances have disappeared post-migration, despite following all the required steps correctly. These technical issues have led to growing frustration in the Pi community, with some now questioning the network’s ability to scale reliably. Pi coin Sell-Off According to PiScan , over the past 24 hours: 7.9 million PI tokens were moved from Pi Foundation 2 wallet, linked to the Core Team Three wallets that received 2M+ PI each from Pi Foundation 4 have moved a combined 4.5 million PI This massive movement of tokens by the Core Team suggests a potential sell-off or internal reallocation. But when such movements coincide with increased exchange activity, it’s often a bearish signal. Massive Exchange Inflows Point to Selling Pressure Major crypto exchanges are now seeing a surge in PI deposits: OKX : +3.09 million PI Bitget : +1.02 million PI MEXC, Gate.io, and Pionex : Combined increase brings the net inflow to 4.91 million PI This sharp rise in PI balances on centralized exchanges strongly suggests that tokens are being prepared for sale, increasing the circulating supply and potentially triggering a price dump if buying demand doesn’t match. Pi Token Price Forecast The technical outlook is flashing red: PI is trading below the key support of $0.5524 Immediate psychological support sits at $0.50 Experts say PI must reclaim $0.60 to avoid a steep decline Meanwhile, the MACD continues its downward trend, and the RSI sits at 31.52, indicating oversold conditions and growing bearish momentum. In just the last 24 hours, PI price has slipped by 0.6%, and 0.2% in the past hour, suggesting no immediate bounce is in sight. What’s Next for Pi Network Price? With the Core Team moving millions and exchange inflows rising, the data points to a possible breakdown below $0.50. Unless bulls step in quickly, the PI Network could see its steepest decline yet. The Pi Network is under intense pressure. 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X CEO Linda Yaccarino has announced that users will soon be able to trade and invest directly on the platform, signaling a major step in Elon Musk’s plan to turn the former Twitter into an “everything app.” Key Takeaways: X will soon offer trading and investment features as part of its broader push into financial services. The platform’s new digital wallet, X Money, is launching with Visa. Regulatory hurdles and lingering advertiser skepticism pose ongoing challenges to the company’s financial recovery. Speaking at the Cannes Lions advertising festival, Yaccarino outlined a financial services push that includes digital payments, commerce tools, and possibly a branded credit or debit card. “You’ll be able to come to X and be able to transact your whole financial life on the platform,” she told the Financial Times . “Whether I can pay you for the pizza that we shared last night or make an investment or a trade—that’s the future.” X to Allow Trade and Invest with Visa Partnership At the center of this expansion is X Money, a digital wallet and peer-to-peer payment service launching later this year in partnership with Visa. Initially rolling out in the U.S., the service is expected to support tipping creators, buying merchandise, and storing value. However, the shift into finance may bring regulatory scrutiny. X will likely face challenges related to licensing, anti-money laundering compliance, and operational oversight in financial markets. The company is also navigating a complicated advertising environment. After Musk’s $44 billion acquisition in 2022, many advertisers pulled back due to concerns over moderation and content safety. While Yaccarino claimed that 96% of former advertising clients have returned, industry skepticism remains. Yaccarino dismissed Wall Street Journal reports that X threatened brands into advertising as “hearsay,” citing unnamed sources. According to the report, several major brands, including Verizon and Ralph Lauren, allegedly agreed to ad deals after facing pressure. “It’s unnamed sources, random third-party commenters,” she said. https://twitter.com/BitcoinMagazine/status/1935677592008368555 X is currently involved in a federal antitrust lawsuit against the Global Alliance for Responsible Media and other ad industry players. The company accuses the group of coordinating a boycott under the pretense of promoting online safety. Some brands have since been removed from the suit, including Unilever, which resumed advertising in October. Research from eMarketer projects X’s revenue will rise to $2.3 billion this year, though still far below the $4.1 billion recorded in 2022. Elon Musk Sells X to xAI In March, Elon Musk sold his social media platform X to his AI company , xAI, in an all-stock deal valuing xAI at $80 billion and X at $33 billion, including $12 billion in debt. The timing of the announcement came as a U.S. judge rejected Musk’s motion to dismiss a class-action lawsuit accusing him of misleading shareholders during his original acquisition of Twitter. The acquisition has sparked criticism, with observers like Adam Cochran of Cinneamhain Ventures warning that the move heightens legal exposure for xAI and raises questions about the structure of the deal. Cochran claimed Musk overvalued xAI to absorb X while shifting liabilities and potentially user data under the AI firm, calling the valuation “insanely dumb.” The post X CEO Says Users Will ‘Soon’ Be Able to Trade and Invest on the Platform appeared first on Cryptonews .
According to an official update from Binance, users holding a minimum of 238 Alpha Points are eligible to join the League of Traders (LOT) Token Generation Event (TGE) via the
Sol Strategies has officially filed for a Nasdaq listing, marking a significant milestone for the firm deeply invested in the Solana blockchain ecosystem. Holding over 420,000 SOL tokens, Sol Strategies
The post Arizona’s Bitcoin Reserve Bill Revived: Will the State Finally Approve? appeared first on Coinpedia Fintech News Arizona lawmakers are once again making headlines with their revived Bitcoin Reserve Bill . The proposal, which aims to create a state-managed fund for handling seized cryptocurrencies, has passed the Senate after a tight vote. Now all eyes are on the House and the Governor, who has previously rejected similar crypto bills. But could this time be different? Arizona Brings Back Bitcoin Bill After a failed attempt earlier this year, Arizona lawmakers have brought back House Bill 2324, a proposal designed to create a Bitcoin and Digital Assets Reserve Fund. The bill, which cleared the Senate with a narrow 16–14 vote , now heads to the House for final approval. If passed, it would allow the state treasurer to manage cryptocurrencies seized through criminal investigations. Meanwhile, Arizona could store these assets in state-approved digital wallets, sell them through licensed crypto exchanges, or simply hold them based on current market or security conditions. The bill also updates the state’s asset forfeiture laws to include digital assets, something that hasn’t been clearly defined before. How Will the Funds Be Used? Importantly, HB 2324 bill outlines a clear plan for distributing the money gained from selling seized crypto; The first $300,000 would go directly to the Attorney General’s Office. Any remaining funds would be split: 50% to the Attorney General, 25% to the state’s general fund, and 25% back to the reserve fund. Previous Attempts and Governor Concerns This isn’t Arizona’s first try at passing crypto-friendly laws. Earlier this year, two bills were signed into law, one for managing abandoned crypto assets and another for regulating crypto ATMs. However, Governor Katie Hobbs has also vetoed two major crypto bills recently. As she believes the crypto market is too unstable for public funds. She noted that the state should avoid putting general fund money at risk. Next Steps: Can the Bill Survive the Final Vote? HB 2324 now moves to the House of Representatives, where it needs at least 31 votes to pass. If it clears the House, it will land on Governor Hobbs’ desk, and her decision could either boost Arizona’s crypto future or stall it once again. If this revived bill clears the House and gets signed into law, it could set a new precedent for how state governments handle digital assets.
South Korea's Financial Services Commission (FSC) aims to prepare a plan for the promotion of spot cryptocurrency exchange-traded funds (ETFs) in the second half of the year and complete the relevant regulatory system for stablecoins during the same period. Within the scope of the new government's promise implementation plan submitted to the State Affairs Planning Committee, the FSC announced that a spot crypto ETF infrastructure will be created by taking into account the risks of the connection between financial markets and virtual asset markets, the impact on the real economy and the potential benefits it will provide to investors. The FSC plans to build a comprehensive system that includes infrastructure elements such as the establishment, operation, custody services and valuation processes of spot ETFs, as well as investor protection mechanisms. Related News: Despite All the Recent Developments, Bitcoin Remains Above $100,000 - What Does This Mean, and What's Next for BTC? President Lee Jae-myung promised during his election campaign that spot ETFs based on crypto assets like Bitcoin would be allowed to be issued, listed and traded. Spot Bitcoin ETFs were approved in the US in January of last year, and this development contributed to Bitcoin reaching record levels through institutional capital inflows. On the other hand, the FSC is continuing its second-stage legislative process to develop globally harmonized regulations for stablecoins. In this context, it is planned to clarify the legal framework on issues such as listing and disclosure obligations of virtual assets, business rules, and combating unfair transactions. In addition, comparative statements will be made to encourage virtual asset exchanges to voluntarily reduce their fees. *This is not investment advice. Continue Reading: South Korea’s New President Delivers on Bullish Cryptocurrency Promise – Here Are the Details
The head of South Korea’s central bank reportedly said he isn't against the issuance of a won-pegged stablecoin, but was wary of possible foreign exchange issues.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As memecoins shake up crypto rankings, Neo Pepe Coin emerges as a standout contender, offering serious upside potential and decentralized strength amid the hype. Table of Contents Memecoins reshaping crypto market hierarchies Neo Pepe’s superior upside over Pepe and Cardano Key highlights of Neo Pepe Coin Projected returns and economic model Investors shifting to high-risk, high-reward opportunities Conclusion As memecoins continue their meteoric rise in the crypto universe, speculative comparisons are emerging, drawing significant attention from seasoned investors. One notable scenario suggests that if Pepe Coin were to surpass Cardano ( ADA ) in market rankings, investors might experience a promising 5x return. Yet, Neo Pepe Coin emerges as a compelling alternative, engineered explicitly for exponential returns and robust community empowerment. Currently in Stage 4 of its presale, priced attractively, Neo Pepe Coin has already garnered substantial investor interest, raising over $1.3 million. Neo Pepe is swiftly becoming the preferred presale among investors looking for extraordinary potential in the crypto landscape. Memecoins reshaping crypto market hierarchies Memecoins have transitioned dramatically from mere internet jokes to formidable market disruptors with substantial financial implications. Established cryptocurrencies such as Cardano now find themselves challenged by meme tokens, characterized by immense communities, high trading volumes, and powerful cultural resonance. Pepe Coin ( PEPE ) is one clear example, having successfully leveraged these dynamics to capture investor interest. However, a significant shift is occurring among savvy investors seeking more substantial and reliable features beyond simple meme-driven virality. They crave cryptocurrencies that merge cultural significance with genuine decentralized governance and transparent operations. Neo Pepe Coin exemplifies precisely this fusion, seamlessly blending meme-centric branding with a sophisticated, decentralized financial system. Its advanced governance structure empowers the community with full control over crucial aspects, including treasury management, strategic marketing decisions, and essential governance actions, all executed through secure, transparent, and audited on-chain mechanisms. Neo Pepe’s superior upside over Pepe and Cardano Pepe Coin and Cardano have both demonstrated significant returns; nonetheless, Neo Pepe Coin distinguishes itself significantly with a highly sophisticated design built explicitly for sustainable growth and community-centric governance. The governance model of Neo Pepe Coin is firmly rooted in community engagement, allowing holders to actively participate in vital decisions, such as fund allocation, promotional strategies, and developmental milestones. Moreover, the protocol features an audited, time-locked treasury. This model represents an optimal balance, marrying the viral appeal of meme tokens with structured and effective governance absent in other meme coins or traditional cryptocurrencies like Cardano. Key highlights of Neo Pepe Coin Already raised over $1.3 million in its ongoing presale. Strong community-driven governance model. Time-locked treasury ensuring financial discipline. Fixed token supply with controlled hourly unlocking post-launch. Tiered presale structure offering incremental pricing benefits. Auto-liquidity generation via transaction fees to reinforce market stability. Gamified leaderboard to enhance community engagement. You might also like: Crypto giants reshaping global Finance in 2025: Chainlink, Stellar, Neo Pepe Coin Projected returns and economic model The significant return potential of Neo Pepe Coin is deeply integrated into its economic framework and presale strategy. Its total supply is fixed at one billion NEOP tokens, deliberately avoiding additional minting to prevent dilution and maintain scarcity. Post-launch, tokens unlock hourly, ensuring a controlled and stable market environment that promotes consistent appreciation. Moreover, Neo Pepe’s presale is structured in stages, with each incrementally increasing in price. This tiered approach incentivizes early participation by rewarding initial buyers with notably higher growth opportunities as the token value progressively rises. Complementing this mechanism, a 2.5% transaction fee bolsters liquidity on decentralized exchanges permanently. Unlike typical memecoins that primarily rely on transient hype cycles, Neo Pepe’s strategic economic structure encourages sustainable appreciation, driven by genuine demand and carefully managed scarcity. Investors shifting to high-risk, high-reward opportunities Increasingly, experienced investors are pivoting away from traditional, legacy altcoins toward innovative, early-stage projects offering high-risk but substantial reward opportunities. Neo Pepe Coin distinctly aligns with this trend. Neo Pepe further enriches investor experience through a gamified leaderboard system. Additionally, the protocol ensures accessibility and affordability, allowing entry-level investors the unique opportunity to engage meaningfully in investment opportunities traditionally reserved for seasoned market players. Transparency is central to Neo Pepe’s ethos, with its meticulously audited smart contracts and community-driven financial oversight ensuring investor trust and project integrity. Conclusion Interested investors can participate in the ongoing Neo Pepe presale and position themselves strategically for the next major crypto success story. Visit the official Neo Pepe Coin website and become part of the thriving community on Telegram . Read more: Cardano, XRP, Solana tumble as Neo Pepe Coin aims to extend major gains this week Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Alchemy Pay has unveiled plans to launch a new blockchain purpose-built for stablecoin payments. According to a June 19 announcement from Alchemy Pay ( ACH ), the company plans to launch Alchemy Chain, a blockchain purpose-built for stablecoin payments, in the fourth quarter of 2025. The new network will facilitate smooth exchanges between local and international fiat-backed stablecoins. With #stablecoin regulation gaining global momentum, #AlchemyPay will launch #AlchemyChain , a stablecoin-focused blockchain in Q4, and planning for a stablecoin launch in the future. We are ready to lead as a global & local stablecoin exchange hub. Read our article for… pic.twitter.com/pfzQAE3oDu — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 19, 2025 The move comes as momentum builds behind stablecoin regulation in major markets. In the U.S., the GENIUS Act was passed on June 18, creating the country’s first comprehensive legal framework for fiat-backed stablecoins. Similar steps have been taken in Hong Kong, Japan, and the European Union, all of which are establishing licensing regimes, reserve standards, and clearer compliance rules for issuers. You might also like: Alchemy Pay partners with Backed to launch first direct fiat access to tokenized stocks and ETFs Based on these developments, stablecoins are no longer viewed as experimental tools but as regulated financial infrastructure. Alchemy Pay’s blockchain will serve as a central exchange hub for stablecoins. It will facilitate smooth, permissionless exchanges between jurisdiction-specific tokens like EURC and MBRL and international stablecoins like Tether ( USDT ) and USD Coin ( USDC ). The platform’s goal is to aggregate liquidity from various geographical areas while adhering to evolving financial regulations. To support companies, developers, and payment providers, it will offer API integrations. The network’s transaction fees will be paid using Alchemy Pay’s native ACH token. Soon after the mainnet launch of Alchemy Chain, the company also plans to issue its own stablecoin. This would help it increase its involvement in the developing stablecoin market, where its current fiat-crypto gateway services are already available in 173 countries and accept more than 300 local payment methods. The launch builds on several recent developments that reinforce Alchemy Pay’s focus on regulated digital finance. On June 18, it partnered with Ripple to offer fiat on-ramps for Ripple’s new stablecoin, RLUSD. Just weeks earlier, it integrated BitGo-backed USD1 stablecoin and joined the xStocks Alliance to enable fiat-based access to tokenized stocks and exchange-traded finds. Alchemy Pay has also continued to expand its U.S. regulatory footprint, recently obtaining its ninth Money Transmitter License in Arizona. Read more: Ledger integrates Alchemy Pay’s on & off-ramp into Ledger Live