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Pi Network price has crashed this month, continuing the downtrend that started on May 12 when it peaked at $1.670. It has plunged by 70% to the psychological point at $0.500. While sentiment remains bearish, a falling wedge pattern, falling volatility, and the upcoming Pi Day may trigger a strong rebound. Pi Network Price Falling
The post 3 Reasons Pi Network Price Could Soar This Week appeared first on CoinGape.
Dogecoin price dipped 1.2% on Sunday, April 20, as the community marked “DOGE Day” 2025 — the annual celebration of the beloved memecoin’s cultural rise. While previous editions sparked rallies and online hype, this year’s DOGE Day saw more cautious sentiment.
DOGE Day, celebrated every April 20 (4/20), is a crypto event popularized by Dogecoin fans and traders.
It originally began as an internet movement to push DOGE to $1 in 2021 and has since evolved into a yearly event marked by online campaigns, memes, and speculative trading activity. For many, it’s a tribute to the memecoin’s origins and a symbol of community-driven growth in the crypto space.
With a market cap of $23.2 billion at press time, Dogecoin maintains its status as the world’s largest memecoin community. However, the DOGE day celebrations have ticked-off with a more subdued tone. On Sunday, DOGE price hovered around $0.159, down 1.2% on the day.
This capped off a lackluster week that saw Dogecoin fail to break out of its consolidation range, stuck below $0.17 despite brief spikes in volume midweek.
The broader crypto market also saw mixed sentiment, with Bitcoin trading sideways near $83,000 and meme coins struggling to regain momentum after a hot Q1. While past DOGE Day celebrations often coincided with speculative surges, 2025’s edition fell short of the hype.
Historically, DOGE Day has sparked renewed interest and short-term rallies in the days leading up to April 20. In both 2021 and 2023, Dogecoin logged double-digit gains as traders piled in on bullish memes and viral campaigns.
But this year, the narrative has shifted — weighed down by political tension, fading enthusiasm, and bearish signals from Dogecoin’s most influential supporter, Elon Musk.
Recent backlash against Musk has cast a shadow over DOGE sentiment. The billionaire entrepreneur, now heading the Department of Government Efficiency (DOGE) within the Trump administration, has come under fire after job cuts triggered nationwide protests.
Investor sentiment, particularly among retail raders, has soured amid concerns over Musk’s political involvement with the DOGE agency and Trump’s renewed trade tariffs.
As a result, assets linked to Musk — including Tesla stock and Dogecoin — have struggled in recent weeks.
As seen in the chart above, Tesla’s TSLA share price closed trading at $241 on Friday shedding 4.15% in the past trading week. Likewise, DOGE price has shed over 12% from its local April high of $0.17 recorded on April 12.
Hence, the muted price action on Sunday, confirms that investors remain hesitant to enter large positions amid the 2025 DOGE Day celebrations.
Dogecoin price forecast today leans cautiously bearish as DOGE struggles to hold above $0.1558, with technical indicators pointing to weakening momentum.
As depicted below, DOGE price is currently pinned just below the 5-day, 8-day, and 13-day simple moving averages — clustered tightly around $0.156 to $0.157 — forming a resistance band that has consistently capped upward attempts. The failure to reclaim this zone suggests bulls are losing steam after a sluggish DOGE Day performance.
The Relative Strength Index (RSI) reads 43.95, hovering just above its signal line at 43.06. While that reflects a mild attempt at recovery, it remains in bearish territory under 50, underscoring the lack of strong buyer conviction. The narrow range with declining volume, hinting at indecision and possible downside continuation.
Within these conditions, Dogecoin price is likely to break below the $0.15 and tumble toward $0.142 — last tested during the April 13 sell-off.
The post Dogecoin Traders Celebrate DOGE Day with $0.20 Price Prediction In Focus appeared first on CoinGape.
The post Binance Futures Sees Record Volume as Traders Flock to ETH, SOL, XRP appeared first on Coinpedia Fintech News
Binance Futures trading volume skyrocketed to $2.55 trillion in July 2025, its highest since January, according to CryptoQuant. The surge came as volatility returned to the market, triggering aggressive moves from both institutional and retail traders. Sharp price swings in Bitcoin and altcoins helped spark a rush into derivatives, pushing Binance far ahead of its competitors.
One of the biggest drivers was the shift toward altcoins. Ethereum and altcoin futures volumes hit $223.6 billion in July, the highest in five months. Altcoins now make up a massive 83% of Binance Futures activity, while Bitcoin’s share has dropped to just 17%. This rotation reflects traders seeking higher‑beta plays in the likes of Solana, BNB, and XRP, all of which delivered double‑digit gains last month.
The rally was further supported by institutional accumulation of Ethereum. SharpLink Gaming boosted its ETH holdings to 438,190 ETH (~$1.6B) in mid‑July, while BitMine Immersion Technologies holds over 833,000 ETH. Together, institutions now control more than 2.3 million ETH, nearly 2% of the total supply. This large-scale buying has strengthened ETH’s momentum, driving more speculative activity in ETH-linked futures.
While rivals also enjoyed a busy July, OKX hit $1.09 trillion in futures volume, and Bybit reached $929 billion, Binance still controls more than half of the global derivatives market. On the spot side, global volumes hit $1.77 trillion, with Binance handling $706 billion, cementing its position as the undisputed leader in both spot and derivatives.
Multiple indicators suggest we could be entering an altseason. Bitcoin dominance has dropped below 61%, altcoins dominate futures trading, and retail participation is climbing, with transactions under $10K up nearly 10% month‑over‑month. Importantly, only 23 out of 424 Binance futures pairs have posted losses since Bitcoin’s latest all‑time high, showing strength across the board.
The July spike in Binance Futures activity was driven by a perfect storm of volatility, institutional ETH buying, and a clear rotation into altcoins. If these trends hold, both retail and institutional traders could keep fueling the rally into the second half of the year, with altcoins likely to remain at the heart of the action while Bitcoin takes a back seat.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Binance Futures Sees Record Volume as Traders Flock to ETH, SOL, XRP appeared first on Coinpedia Fintech News
Binance Futures trading volume skyrocketed to $2.55 trillion in July 2025, its highest since January, according to CryptoQuant. The surge came as volatility returned to the market, triggering aggressive moves from both institutional and retail traders. Sharp price swings in Bitcoin and altcoins helped spark a rush into derivatives, pushing Binance far ahead of its …
The post Tornado Cash vs OFAC Update: Court Prohibits Department of Treasury from Reinstating the Original Sanctions appeared first on Coinpedia Fintech News
United States District Judge for the Western District of Texas, Robert Pitman, ruled in favor of Tornado Cash, a popular crypto mixer, against the Office of Foreign Assets Control (OFAC). According to court documents dated April 28, the OFAC is now legally prohibited from reinstating the original sanctions.
In August 2022, OFAC added Tornado Cash to the Specially Designated Nationals and Blocked Persons (SDN) list. According to OFAC, Tornado Cash enabled bad actors, led by North Korea-backed Lazarus, to launder more the. $7 billion in crypto assets.
However, some Tornado Cash users, led by Joseph Van Loon, presented strong arguments that the Department of Treasury had overstepped its authority. On the top list, the Plaintiffs argued that Tornado Cash is not a person and immutable smart contracts are not property.
In addition to citing constitutional violations of free speech and financial privacy, Tornado Cash can seamlessly exist in the United States.
The final blow to the Department of Treasury by the Tornado Cash is a huge victory for the web3 developers in the United States and globally. The ruling was hailed by web3 leaders led by Paul Grewal, the Chief Legal Officer at Coinbase, among others.
Moreover, open source development of web3 protocols will take shape under the Donald Trump administration, especially amid the anticipated crypto legal clarity.
Meanwhile, TORN price gained around 1 percent following the announcement to trade about $7.38 at the time of this writing. The small-cap altcoin, with a fully diluted valuation of about $74 million and a 24 hour average trading volume of about $2.6 million, had rallied over 160 percent in the past year.
The post Tornado Cash vs OFAC Update: Court Prohibits Department of Treasury from Reinstating the Original Sanctions appeared first on Coinpedia Fintech News
The Tornado Cash victory against OFAC is a major milestone for the web3 and DeFi development in the United States and globally. The use of crypto mixers by bad actors remains an existential threat to the wider crypto market. United States District Judge for the Western District of Texas, Robert Pitman, ruled in favor of …