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Shiba Inu (SHIB) lost more than 11% of its value in June 2025, and the same trend appears to be creeping up in July. As of July 2, the Shiba Inu price was trading at $0.0000113, while daily trading volumes had shrank to only $94 million. Five key reasons explain why SHIB is falling and
The post Why Shiba Inu Price Keeps Falling? appeared first on CoinGape.
The post CRO Price Eyes Breakout as Double Bottom and Golden Cross Align appeared first on Coinpedia Fintech News
The CRO price has caught the community’s attention as it is flashing a classic double bottom pattern on the 4-hour chart, backed by a golden cross on the daily. With momentum surging from a multi-year support zone and strong gains in July, bulls now eye $0.157 as the next key level in sessions ahead.
The recent action in the CRO price chart has formed a clear “W” shape pattern which is interpreted as the double bottom sighted on the 4-hour timeframe, per a recent post on X.
This pattern often indicates a potential bullish reversal, especially when followed by rising volume or trend continuation signals. The CRO price has climbed over 80% in July, bouncing from lows near $0.08 to touch $0.1439.
Notably, this rally emerges from a multi-year support zone, giving more strength to the ongoing move. But resistance lies ahead. The Cronos token has encountered a brief pause around $0.1450, a level that needs to flip into support if bulls intend to test higher zones like $0.157, the price target suggested in the 4H analysis.
$CRO – Double Bottom?
Cronos is forming a ‘W’ pattern on the 4H Chart. These Double Bottoms often indicate that bullish break-outs are coming
Target: $0.157 #NFA #Crofam pic.twitter.com/kmpSAf5wfu
— CoinBaron (@TheCoinBaron) July 29, 2025
Adding to the bullish structure is the golden cross visible on the daily timeframe, where the 50-day EMA has crossed above the 200-day EMA. Historically, this crossover often acts as a momentum trigger and reinforces broader optimism in trend continuation.
In the case of Cronos, this setup aligns with increased buyer interest and strengthens the Cronos price forecast for higher levels.
Meanwhile, the Cronos price today holds strong with a market cap of $4.70 billion and $100.01 million in 24-hour spot trading volume, suggesting healthy liquidity to support further moves.
On the weekly chart, Cronos appears to be forming a symmetrical triangle pattern. The price has obeyed a multi-year descending resistance trendline, while simultaneously holding onto an upward-sloping support trendline.
The current price action near the $0.145 zone now represents a make-or-break moment. Should CRO break to the upside from this consolidation, $1 could become a realistic year-end target, according to a separate observation shared on X.
However, if resistance holds and the price fails to break out, consolidation within the symmetrical triangle could continue, potentially delaying any aggressive upside movement.
This puts the spotlight squarely on the CRO price USD performance in the coming sessions. A decisive move either way could define Cronos’ direction for the rest of 2025.
The post CRO Price Eyes Breakout as Double Bottom and Golden Cross Align appeared first on Coinpedia Fintech News
The CRO price has caught the community’s attention as it is flashing a classic double bottom pattern on the 4-hour chart, backed by a golden cross on the daily. With momentum surging from a multi-year support zone and strong gains in July, bulls now eye $0.157 as the next key level in sessions ahead. Double …
As the debate over Trump’s Big Beautiful Bill reaches a fever pitch, Senator Cynthia Lummis is attempting to add an amendment to reduce taxes on crypto miners. The White House reportedly supports her efforts.
However, these last-minute amendments work both ways. Anti-crypto and anti-renewable modifications may actually hurt crypto miners, and it’s impossible to say what will become law.
It’s a tough time for crypto miners, with firms exiting the business and geopolitical disruptions bringing the global hashrate to an 8-month low.
Additionally, Senator Cynthia Lummis identified some apparent inconsistencies in these firms’ tax obligations. Aiming to fix this, Lummis is working to add some last-minute amendments to Trump’s Big Beautiful Bill:
For years, miners and stakers have been taxed TWICE. Once when they receive block rewards, and again when they sell it.
It’s time to stop this unfair tax treatment and ensure America is the world’s Bitcoin and Crypto Superpower.
— Senator Cynthia Lummis (@SenLummis) June 30, 2025
The Big Beautiful Bill is a controversial budget reconciliation effort that’s growing to cover a huge range of topics. It passed the House of Representatives, and the Senate is in a flurry of activity to deliver on a workable version.
Amendments and backroom deals are going back and forth around the clock, leaving Lummis an opportunity to squeeze in mining tax reform.
Congressional reporters claimed that the White House supports Lummis’ effort, especially since she’s a firm Trump ally.
Strictly speaking, her proposed reform seems fairly straightforward: remove one tax on US miners, either when they receive block rewards or sell them. The Big Beautiful Bill might be her best chance to pass them quickly.
However, the Big Beautiful Bill is becoming a convoluted mess. As the name suggests, it covers a huge range of topics, including tax policy, social issues, AI regulations, and more.
Prominent crypto advocates like Elon Musk staunchly oppose it, for one thing. Much like Lummis, several anti-crypto Senators are hoping to pass their own amendments at the last minute.
In other words, Senator Lummis can’t make the bill uniformly pro-crypto with a single amendment. Furthermore, even if Trump supports her effort, he has many other priorities.
For example, White House Press Secretary Karoline Leavitt discussed the Big Beautiful Bill in a press conference today, relaying Trump’s message that he is dissatisfied with Jerome Powell as Fed Chair.
This is just one of the many fights that may take the President’s attention away from mining tax reform.
All that is to say, it’s currently more or less impossible to say whether Lummis’ tax cuts will survive the negotiations. Indeed, the Big Beautiful Bill might even hurt crypto miners, depending on the successful amendments.
One proposal would de-incentivize green energy, which the mining industry relies on.
The post Lummis Proposes Tax Cuts for Crypto Miners in Trump’s Big Beautiful Bill appeared first on BeInCrypto.
Pi Network price eyes massive gains after the PI core team released its first major update in nearly one month, fuelling speculation about a potential listing on the Binance exchange. The feature, which involves mainnet wallet activation, will ensure that individuals who have fulfilled KYC requirements can access the blockchain.
Despite this feature marking a major milestone for Pi Coin, the price remains under bear control with a slight 1.8% decline in 24 hours to trade at $0.58.
Pi Network has launched a new feature that will allow users who have been KYC’d to activate their mainnet wallet on the blockchain, which will bolster accessibility and bode well for the price in 2025. In a blog post, the Pi Coin team stated that the new feature will unlock transparency, which is one of the key issues that the PI community has raised regarding why the token is not being listed on top exchanges.
As Coingape reported, experts have attributed PI’s lack of transparency to few exchange listings, but with this issue almost being solved, the altcoin may be poised for recovery. The mainnet wallet activation feature has also added an element of decentralisation, as people who are not on the Pi Network can now access the mainnet. The team noted,
“This feature largely reduces the steps and time required for non-users to receive Mainnet wallets and interact directly with Pi utilities, which in turn onboards more people into the Pi Mainnet ecosystem sooner.”
With the new update seeking to resolve the issues around transparency and decentralisation, PI may list on exchanges that have been shunning it due to regulatory concerns. Doing so will trigger gains for the Pi Network price and result in massive gains in 2025.
The price of Pi Network is eyeing a breakout rally as a falling wedge pattern on the four-hour chart suggests that a 16% reversal rally is looming that will push the altcoin to resistance at $0.71. If PI can clear this level and then push above $0.80, it will create room for the next bullish leg to $1.
The falling ADX line further aligns with this bullish Pi Network price prediction as it is an indication that the current downtrend is weak, which paves the way for the price to recover. If the selling activity that has been pushing PI lower eases, then there is room for an upward trend will emerge.
To sum up, the Pi Network price outlook for 2025 is positive due to updates like the recent mainnet wallet activation that may trigger listing on top crypto exchanges. In the coming weeks, PI may overcome resistance at the upper trendline of a falling wedge pattern and aim for $1. Once it breaks this psychological level, an upswing to all-time highs may be on the horizon.
The post Pi Network Price Outlook 2025: Mainnet Wallet Activation Fuels Binance Listing Speculation appeared first on CoinGape.
