Dig Deeper, Invest Smarter
Peter Schiff has once again taken aim at Bitcoin (BTC) and its biggest corporate supporter, Strategy. In a recent post on X, formerly known as Twitter, the economist warned that the “biggest regret Strategy shareholders will have is not selling.” Peter Schiff Warns Strategy Shareholders of Looming Collapse Schiff, a longtime critic of Bitcoin, suggests
The post Peter Schiff Warns MSTR Shareholders As Strategy Doubles Down On Bitcoin appeared first on CoinGape.
The environmental impact of Bitcoin mining has been a subject of intense debate. Critics often point to the energy-intensive nature…
The post Pi Network: Why Dr Altcoin Strongly Believes in Its Future – Key Reason Behind It appeared first on Coinpedia Fintech News
While many people are still trying to figure out the next big thing in crypto, well-known analyst Dr Altcoin has made it clear, he’s fully committed to the Pi Network. In a recent post, he shared why he is so passionate about the project, why he fully supports it, and why he remains committed to its future. And looking at the points he shared, it’s hard not to get excited too.
One major reason Dr Altcoin supports Pi Network is its easy mining process. Users can mine Pi directly from their smartphones without using extra energy. Thanks to this innovation, Pi has grown to over 70 million users across more than 200 countries.
It has helped millions of first-time users enter the crypto world, pushing mass adoption to a new level.
Dr Altcoin also praised Pi’s eco-friendly blockchain, which uses the Stellar Consensus Protocol. It can handle about 200 transactions per second while using very little energy compared to Bitcoin.
Plus, every user and business is fully verified through KYC and KYB checks, creating a safer space for transactions.
Energy consumption is a big problem in crypto, but Pi Network shines here. Bitcoin mining uses as much electricity as an entire country. In comparison, Pi’s 200,000 active nodes use far less power, making it a greener and more sustainable option.
The Pi blockchain allows for fast transactions with very low gas fees. Plus, the Pi Wallet is protected by a 24-word passphrase, making it almost impossible to hack. Every user holds their non-custodial wallet, which adds another strong layer of security.
With over 100 decentralized apps (DApps) already using Pi for transactions, the dream of a real, peer-to-peer digital currency is coming to life.
With Pi currently trading at a very low price, he believes it’s the perfect time for long-term investors to accumulate. Big upcoming events, like the Consensus 2025 Summit, could bring even more attention to the project.
Currently, Pi Coin is sitting at its lowest price ever, and Dr Altcoin sees this as a golden opportunity for investors to stock up. As of now, Pi is trading around $0.645, staying firm above a rising support line that has been holding strong since early April.
If buyers step in with more energy, Pi could soon break past $0.825, and possibly even reach as high as $1.30.
The post Pi Network: Why Dr Altcoin Strongly Believes in Its Future – Key Reason Behind It appeared first on Coinpedia Fintech News
While many people are still trying to figure out the next big thing in crypto, well-known analyst Dr Altcoin has made it clear, he’s fully committed to the Pi Network. In a recent post, he shared why he is so passionate about the project, why he fully supports it, and why he remains committed to …
Ethereum price plunged below $1,600 over the weekend as BTC’s slide ignited sharp liquidations across major altcoins, including ETH.
Ethereum (ETH) sharply turned bearish over the weekend as bearish headwins from the US trade war extended towards the crypto sector.
On Sunday April 6, ETH price dropped to a 3-week low near $1,650 on Sunday, April 6, tracking Bitcoin’s rapid decline below the psychologically critical $80,000 mark.
Bitcoin weekend slump triggered panic across altcoin markets, and Ethereum was no exception—recording a sharp 11.24% drop within 24 hours.
According to data from CoinMarketCap, the 11% downtrend representing its lowest intraday print since mid-March.
The move erased nearly all of last week’s gains, which had come after Ethereum briefly climbed above $1,770 during Thursday’s risk-off rally sparked by China’s reciprocal tariffs.
The initial ETH bullish momentum, however, has unraveled as BTC bulls failed to sustain upside pressure into the weekend, leading to cascading losses across the broader crypto ecosystem.
Coinglass liquidation data paints a grim but actionable picture for ETH traders. Over the past 24 hours, Ethereum has seen more than $164.7 million in long liquidations—second only to Bitcoin, which accounted for $203.7 million.
The bulk of these liquidations occurred during Sunday’s swift plunge, suggesting bulls were heavily leveraged during BTC’s decline.
The Ethereum liquidation heatmap from Coinglass highlights a significant support concentration around the $1,550–$1,570 region. Specifically, over $76.2 million in leveraged long interest is stacked at the $1,554 level.
This zone now acts as a key inflection point: if ETH price defends this level, it could serve as a springboard for recovery as bargain buyers step in. However, if that support crumbles, a steeper correction toward $1,480 or even $1,420 could play out, as there are few notable liquidity cushions below that range.
With Bitcoin still struggling below $80,000, Ethereum’s near-term prospects remain fragile. Until BTC reclaims lost ground and market confidence stabilizes, ETH bulls face the dual threat of weak price action and thinning order book support.
For now, all eyes remain on the $1,554 liquidation cluster. A strong defense of this level, combined with increased market volumes could prevent further losses. Otherwise, Ethereum’s next leg may head deeper into the low-$1,500s, as bears tighten their grip heading into the new trading week.
Ethereum price forecast signals lean negative, having plunged 11.73% to $1,594—its largest single-day loss in over a month. This decline was fueled by Bitcoin’s collapse below $80,000, triggering cross-market liquidations that erased recent gains across the altcoin complex.
Ethereum’s rejection near $1,800 and breakdown through $1,655—the VWAP level—confirms renewed downside momentum, with ETH now trading decisively below its 8-EMA and 21-EMA.
The Ethereum price forecast now leans cautiously bearish as technical indicators deteriorate.
The daily RSI prints 28.59, confirming oversold territory for the first time since early March. While this suggests a short-term bounce could develop, it also reflects capitulation from bulls, especially as the broader trend structure continues to weaken.
Price action is now below the 50-day SMA at $1,787 and far under the 200-day SMA at $1,894—both critical resistance levels that previously provided directional bias for long setups.
A bullish defense at $1,555 could stabilise sentiment, but failure to hold that lifeline increases the likelihood of testing $1,480, a key liquidity pocket. Unless Bitcoin reclaims $80K soon, Ethereum may remain vulnerable to further weakness. Near-term recovery will depend on buyers reclaiming $1,655 and sustaining momentum above the short-term EMAs.
The post Ethereum Price Forecast: Coinglass Shows Key Levels ETH Traders Must Watch as BTC Trades Below $80K appeared first on CoinGape.