Author: James Wilson
The Pi Network token is showing poor momentum as its price and trading volume continue to decline. According to data from crypto.news price tracker, Pi Network’s (PI) trading volume has dropped by over 35% in the past 24 hours, to about $46.8 million. This is a significant decrease from the over $800 million at the start of mainnet trading. Pi is currently trading at about $0.59, 80% below its peak of $2.99. The token has dropped 11.4% over the past month, continuing a gradual decline that doesn’t appear to be stopping anytime soon. In a shorter timeframe, it has decreased…
As mentioned in last week’s forecast of XAUUSD, gold continued its bearish pattern and broke into the 3200s zone. With global tensions, especially the tariff situation easing out, investors were seen shifting their interest from safe-haven assets and shifting to risk-based assets like stocks, or cryptocurrencies. This week, gold is looking to consolidate before the major economic event of the FOMC on Wednesday. Let’s discuss the key pivot levels for gold buying and selling in this XAUUSD weekly forecast of May 5th to May 9th, 2025. Previous week’s forecast recap of crypto.news If you followed last week’s forecast and opened…
U.S. stocks slipped Monday, ending a historic rally as investors grew cautious over renewed trade tensions and awaited signals from the Federal Reserve. The S&P 500 dropped 0.64% to 5,650.38, breaking a nine-day winning streak — its longest since 2004. The Nasdaq Composite fell 0.74% to 17,844.24, and the Dow Jones Industrial Average dipped 0.24% to 41,218.83. Stocks opened lower as President Trump escalated tariff rhetoric over the weekend, including a proposed 100% levy on foreign films, which hit shares of Netflix and Paramount. The announcement added to existing uncertainty around trade negotiations, particularly with China. Trump said he had…
Solana is gearing up for a major upgrade to its validators, increasing its scalability and throughput. Solana (SOL) is rolling out a major upgrade that hopes to make the chain more scalable. On Monday, May 5, Solana’s development optimization service Helius announced the rollout of Agave v2.2, an update to the Solana validator client. The update will increase block capacity by 20%, as well as introduce other improvements to network scalability and throughput. big newsSolana blocks are getting 20% biggermeaning more TPS, very soonthat + a ton of other improvements to the network are coming with Agave 2.2 — we…
Riot Platforms sold 475 Bitcoin in April 2025, marking a major shift from its long-standing 100% Bitcoin holding strategy. The sale included all 463 BTC mined during the month and 12 Bitcoin (BTC) from its reserves, generating approximately $38.8 million at an average price of $81,731 per coin, according to a company release. This is Riot’s first significant sale since January 2024, and it is coming as the company adjusts its treasury strategy to prioritize operational funding and minimize equity dilution. CEO Jason Les said the move reflects a “strategic decision” to sell monthly production to support growth while maintaining…
Cryptocurrency is a rapidly growing industry, and as its popularity continues to rise, businesses are seeking new ways to reach a wider audience. One of these ways is investigating the 5 best websites providing crypto ad services that will be analyzed in this essay. With the help of Bitcoin advertising networks, advertisers can showcase their products or services to a targeted audience within the cryptocurrency community. Summary In this article, we attempted to help you recognize the 5 best websites providing crypto ad services. So, we talked about Cointraffic as our first offer. Then, we investigated the other four Bitcoin…
Markets are not anticipating much from the Federal Reserve’s meeting this week, but good news may be on the horizon for June. Stock indices saw mixed performance on Monday as traders awaited a major Federal Reserve announcement. The Dow Jones was trading at 41,414, up 96.64 points or 0.23%. Meanwhile, the S&P 500 slipped 12.9 points or 0.23% to 5,673, and the Nasdaq was down 54.21 points or 0.30% at 17,923. According to LPL Financial chief economist Jeffrey Roach, the Fed may use this week’s meeting to prepare investors for coming rate cuts. A combination of labor data and inflation…
With Bitcoin’s market cap nearing $2 trillion, Solv Protocol’s Ryan Chow says BTCFi could scale far beyond Ethereum’s decentralized finance if even a fraction becomes productive. Bitcoin’s (BTC) decentralized finance space — better known as BTCFi — is still in its early innings. But some see a huge opportunity taking shape. American crypto-focused hedge fund Pantera Capital, for instance, suggested it could unlock as much as $500 billion in value should it gain mainstream adoption. Solv Protocol, a platform that helps Bitcoin holders to do more with their BTC, appears to be one of the players betting on that future.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitclear’s co-founder Evgeny Skigin shares insights on regulation, innovation, and the future of decentralized finance. In 2018, Forbes published its first ranking of the world’s wealthiest crypto holders. But four years earlier, investor and entrepreneur Mr. Evgeny Skigin had already built a unique software solution for payment systems — becoming a pioneer in a niche no one knew existed. Since then, the crypto and blockchain space has rapidly evolved, with a surge in decentralized protocols and web3 services. Today,…
The United States has imposed sanctions on a Myanmar warlord and the militia he leads for their involvement in major cyber scams, including cryptocurrency-related fraud, that have harmed U.S. citizens. U.S. Department of Treasury’s Office of Foreign Assets Control announced the sanctions against Saw Chit Thu, the warlord leader of the militia group Karen National Army. The OFAC sanctions are also against Saw Chit Thu’s two sons Saw Htoo Eh Moo and Saw Chit Chit as well as KNA, with the Treasury Department designating them for not just cyber scam syndicates, but also human trafficking and cross-border smuggling. Per the…