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There are a few tokens that end up leaving a remarkable impression on an investor’s mind. Pi coin is one such token that is generally regarded as the rising star of the cryptocurrency domain, attracting a huge influx of investors since the launch of the token in February 2025. Since its launch, the token has taken the market by storm. PI coin is listed on several exchanges; however, its official listing on Binance is still pending, leaving investors to think about the potential PI coin spike the moment Binance announces its official listing. Here’s how high the token can trade once Binance officially lists Pi Coin for trading on its exchange. Also Read: OKX Drops 1:1 Bitcoin Token on Solana, Sui & Aptos, DeFi Gamechanger Pi Token: What’s Happening Source: Watcher Guru Pi Coin is a “social cryptocurrency, an ecosystem designed for widespread accessibility.” The system allows investors to mine and transact PI using a mobile-friendly interface, prioritizing the element of acces...

BlackRock has officially become the second-largest holder of Bitcoin (BTC) globally. With 636,000 BTC now under management, the world’s largest asset manager sits behind only the mysterious creator of Bitcoin, Satoshi Nakamoto, who is estimated to hold 1.1 million BTC, according to new data from CryptoRank .  The milestone cements BlackRock’s dominance not just in traditional finance, but now in crypto markets as well. The firm is already the leading provider of Bitcoin ETFs by assets under management (AUM), and its inflows show no signs of slowing. Top Bitcoin holders. Source: CryptoRank BlackRock’s Bitcoin spot ETF Elsewhere, BlackRock’s Bitcoin spot ETF, iShares Bitcoin Trust (IBIT), has rapidly climbed the leaderboard and is now ranked among the top 5 U.S. ETFs by year-to-date inflows, according to the latest Bloomberg ETF flow data.  $IBIT has worked its way into the top 5 ETF in YTD flows with +$9b, just passing $BIL. This is wild bc just one mo...

The major Coinbase data breach that leaked the personal information of nearly 70,000 users took place on December 26, 2024. That’s according to a data breach filing submitted by Coinbase’s legal counsel at the Maine Attorney General’s Office.  The filing reveals that the data of roughly 217 Maine residents was leaked after Coinbase support staff were bribed by bad actors and instructed to steal the personal information of Coinbase users. Coinbase claims it discovered the breach on May 11 when it received a $20 million ransom from the bad actors, and publicly disclosed the incident on May 14. Coinbase changed lawsuit rules a day before disclosing data breach, report Read more: Coinbase leak prompts KYC criticism from crypto execs However, reports from Bloomberg indicated that it discovered suspicious activity around January this year, while a May 14 K-8 filing reveals Coinbase detected suspicious behavior “in the previous months.” Today’s Maine ...

A crypto strategist who nailed the Bitcoin top in January is warning that BTC’s recovery rally may witness an abrupt end. Pseudonymous analyst Bluntz tells his 318,200 followers on the social media platform X that Bitcoin appears to be forming a bearish divergence on the daily chart. The bearish reversal signal suggests that bullish momentum is waning even though an asset’s price is moving higher or sideways. Says Bluntz, “There’s a daily BTC bear div brewing here if it closes red by [today]. It’s unfortunate that it has appeared before fresh all-time highs, but it’s the first one since last year. Be careful with longs in my opinion.” Source: Bluntz/X At time of writing, Bitcoin is trading for $105,546. Turning to gold, the analyst believes that the precious metal is poised to ignite a rally to a new all-time high after completing an ABC corrective wave. Bluntz practices the Elliott Wave theory, which states a bulli...

Trump killing the US dollar has become a clear reality as the administration’s policies directly undermine the global reserve currency. Since January 2025, Trump’s team has implemented several measures threatening the dollar’s international status, with 58% of global foreign exchange reserves now at risk from this de-dollarization strategy. Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears US Dollar Collapse, De-Dollarization, and What It Means for You Source: Getty Images Trump’s “Dutch Disease” Theory Trump’s administration believes the dollar’s reserve status actually harms the US economy. Trump killing the US dollar appears deliberate, as key officials advance this theory. Vice President Vance has explicitly linked the dollar to Appalachia’s “resource curse.” To be more precise, Steve Miran, chairman of Trump’s Council of Economic Advisers, was clear about the fact that: “The ...

The Euro-Area inflation forecast now shows prices dropping below the European Central Bank’s target, with projections at this time indicating a fall to 1.7% by 2026. According to the European Commission’s spring forecast that was just released today, US tariffs’ impact on inflation will help push consumer prices below the 2% target after mid-2025. This latest Euro-Area inflation forecast also reflects several downward pressures currently affecting European markets and economic conditions. Also Read: Dan Ives Sees Apple (AAPL), Microsoft (MSFT), Palantir (PLTR) Surging to $210, $400, $18 Within a Year How US Tariffs and Trade Tensions Shape Euro-Area Inflation Forecast Source: Reuters Downward Pressures on Euro-Area Inflation Forecast The European Commission has identified some key factors that are right now pushing Eurozone inflation trends down faster than was previously expected. The Euro-Area inflation forecast now projects that consumer prices will eventually reach...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Coinbase is reeling from an internal data breach that could cost up to $400 million, just days before it’s set to join the S&P 500 index. The company disclosed that external actors bribed ”contractors or employees” to gain access to internal systems and sensitive customer data. The attackers then attempted to extort $20 million from the exchange, threatening to leak the compromised information. Coinbase did not pay the ransom, and said less than 1% of its monthly transacting users’ data was affected by the attack. Coinbase has also fired the contractors involved in the breach. Coinbase said it will reimburse users who lost funds, a move expected to cost between $180 million and $400 million, according to a recent Securities and Exchange Commission (SEC) filing. Coinbase (COIN) shares plunged 7% to $244.44 on Thursday, amid growing concerns over the breach and a new SEC investigation into whether the firm misled investors ahead of its 2021 IPO. The exchan...

Monero (XMR) has quietly staged one of the most impressive rallies in the cryptocurrency market over the past 12 months gaining more than 150% year-on-year as investors revisit privacy-focused digital assets. The privacy coin is trading at $344.29 as of May 15, up just over 1% on the day and 17.86% over the past week. While its daily performance appears modest, XMR has seen a steady build-up in momentum since early April, when it bottomed out near $165 during a broader market sell-off triggered by Bitcoin’s (BTC) sharp drop to $75,000. XMR 1-year price chart. Source: Finbold Momentum accelerated through May, lifting Monero’s monthly gains to 58.97%. Year-to-date, the asset has more than doubled in value, pushing its market capitalization to $6.32 billion and securing the 24th spot among the top 100 cryptocurrencies by market cap. What’s behind the Monero price rally? The XMR rally appears to be underpinned by a confluence of factors, including a more favorable ...

China’s yuan slides from a six-month peak right now as US dollar demand suddenly increases from corporate buyers and also from offshore entities. The Chinese currency had actually reached November-level highs in both markets and even managed to break through the 7.2 per dollar mark after a trade war pause agreement between the countries gave a nice boost to forex market shifts. Also Read: Pi Coin, Dogwifhat Rally More Than 100%: Which Will Come Out On Top? Forex Shifts, Yuan Volatility, And The Surge In Dollar Demand Source: thediplomat.com Trade Deal Impact and Market Reaction The recent US-China trade agreement, which was just finalized a few days ago, exceeded what many market watchers had expected, but despite this, China’s yuan slides were clearly observed as several state-owned banks stepped in and intervened in the currency market. By Wednesday morning, the onshore yuan was trading about 0.18% lower at around 7.2169 per dollar after having hit 7.1855 on Tuesday, while...

Summary ⚈ Ethereum open interest surged 80% since April, hitting a three-month high. ⚈ ETH price climbed 76%, aligning with increased speculative activity and open positions. ⚈ Technical analysis suggests a breakout toward $2,739 if bullish momentum continues. Ethereum’s (ETH) open interest, a measure of open derivatives positions at any given time, reached a 3-month high on May 13, signalling strong confidence that the present rally will continue. The total amount of derivatives positions open on the day was 17.05 billion, the highest it has been since February 2, and worth a total of roughly $32.68 billion, per data Finbold retrieved from cryptocurrency Analysis platform CryptoQuant . The elevated level of ETH open interest is a clear sign of increased speculative trading —  and since Ethereum prices have been surging as of late, traders seem to be betting that the rally will continue. Ethereum open interest year-to-date (YTD) chart. Source: CryptoQuant Wh...