Losing more than 50% over the last week, Pi Network’s native cryptocurrency Pi Coin PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M is stabilizing around $0 https://ees-hummer.com/sports-betting/lions/.70. However, dark clouds still loom as 5.7 million Pi tokens unlock today, increasing supply and putting additional downward pressure on the altcoin’s price.
A reading of -0.05 is not deeply bearish. Still, the drop from strong positive territory could indicate weakening investor confidence, especially following the hype before the announcement of the $100 million Pi Network Ventures fund.
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Sunrise, now in testnet, evolves from a Data Availability layer to pioneer Interliquid Networks, solving blockchain’s fragmented liquidity problem with a unified ecosystem for rollups and L1s like Ethereum and Solana.
You may wish to follow the Pi Network protocol on X for the latest Pi news so as to stay updated with the protocol’s progress in the industry. For now, the ecosystem thrives, with each update building on the last.
Ripple created the XRP cryptocurrency to standardize each transaction and reduce costs. Banks in two different countries can incur substantial foreign exchange fees when they send payments in their domestic currencies, so they might choose to send XRP to one another instead. Each cross-border transfer incurs just 0.00001 XRP in fees, which comes out to a fraction of a cent.
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Trump nominated Paul Atkins to lead the SEC shortly after his election win. Atkins is a big supporter of the industry, having served as co-chairman of the Token Alliance (an advocacy organization), and also as an advisory board member of blockchain company Securitize.
Ripple created the XRP cryptocurrency to standardize each transaction and reduce costs. Banks in two different countries can incur substantial foreign exchange fees when they send payments in their domestic currencies, so they might choose to send XRP to one another instead. Each cross-border transfer incurs just 0.00001 XRP in fees, which comes out to a fraction of a cent.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, personal finance education, top-rated podcasts, and non-profit The Motley Fool Foundation.
Regulatory clarity and market acceptance will be crucial for XRP to reach the higher end of this spectrum. The expected positive resolution of the battle between Ripple and the SEC is clearly positively impact its trajectory.
Ripple’s RLUSD launch on Aave V3 illustrates its intent to carve a niche in the DeFi space by providing a stablecoin that not only promises high security with its clawback feature but also supports cross-border payments. This strategic move could disrupt the stablecoin market, currently dominated by USDT and USDC, by offering unique features that appeal to institutional investors.
🏦 BlackRock: Its Bitcoin ETF surpassed $50 billion in assets in just 15 months, underscoring growing institutional demand for crypto exposure. 🏦 MicroStrategy: Increased its Bitcoin holdings to 447,470 BTC, continuing its long-term accumulation strategy.
Regulatory clarity and market acceptance will be crucial for XRP to reach the higher end of this spectrum. The expected positive resolution of the battle between Ripple and the SEC is clearly positively impact its trajectory.
Ripple’s RLUSD launch on Aave V3 illustrates its intent to carve a niche in the DeFi space by providing a stablecoin that not only promises high security with its clawback feature but also supports cross-border payments. This strategic move could disrupt the stablecoin market, currently dominated by USDT and USDC, by offering unique features that appeal to institutional investors.
🏦 BlackRock: Its Bitcoin ETF surpassed $50 billion in assets in just 15 months, underscoring growing institutional demand for crypto exposure. 🏦 MicroStrategy: Increased its Bitcoin holdings to 447,470 BTC, continuing its long-term accumulation strategy.